Marine Electricals (India) Limited has informed the Exchange about Copy of Newspaper Publication
MARINE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Marine Electricals (India) Limited has published its audited financial results for Q4 and the year ended 31st March 2026. Standalone annual revenue grew significantly from Rs. 22,499 Lakhs to Rs. 74,694 Lakhs (3.3x increase), while standalone net profit after tax jumped from Rs. 1,282 Lakhs to Rs. 5,287 Lakhs (4.1x increase). Consolidated annual revenue rose from Rs. 25,074 Lakhs to Rs. 87,694 Lakhs, with consolidated net profit after tax improving from Rs. 1,351 Lakhs to Rs. 5,862 Lakhs. However, Q4 shows a sequential decline - standalone Q4 net profit was Rs. 1,538 Lakhs versus Rs. 2,184 Lakhs in Q3, representing a 30% drop. Full year EPS stands at Rs. 3.83 per share.
The company delivered exceptional full-year profit growth, which is positive for shareholders. However, the Q4 sequential profit decline raises concerns about business momentum going into FY27. The stock trading at such low absolute price despite Rs. 3.83 EPS suggests a low P/E valuation that could attract value investors if growth sustains.