Marine Electricals India Ltd (MARINE) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Marine Electricals India Ltd on NSE and BSE, with an AI summary of each filing.
Monitoring Agency Report for the Quarter Ended September
Others (Uncategorized) · 05 Nov 2026, 12:21 am
ICRA Reports No Deviation in Marine Electricals Issue Proceeds Utilization ICRA reported no material deviations in the utilization of preferential issue proceeds for Marine Electricals (India) Limited for the quarter ended 30th Sep'26. Total net proceeds stand revised from INR 213.76 crore to INR 149.22 crore due to equity undersubscription and issue expense adjustments. Cumulatively, INR 72.70 crore has been utilized, including INR 10.46 crore deployed during the quarter. Shareholder approval was secured on 30th Sep'26 to reallocate unutilized funds of INR 76.52 crore to working capital for order execution, parked temporarily in bank fixed deposits.
Marine Electricals (India) Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.
Outcome · 04 Nov 2026, 11:34 pm
Marine Electricals India Ltd - Financial Result for the Quarter ended 30th Sep'26 (Consolidated, INR Lakh) ■ Revenue: 40,465 (+82.1% YoY | +56.1% QoQ) ■ EBITDA: 4,953 (+91.3% YoY | +75.5% QoQ) ■ EBITDA Margin (%): 12.2 (+59 bps YoY | +135 bps QoQ) ■ PAT: 3,179 (+92.8% YoY | +84.1% QoQ) ■ EPS (INR): 2.27 (+92.4% YoY | +84.6% QoQ) Marine Electricals India Ltd - Financial Result for the Quarter ended 30th Sep'26 (Consolidated, INR Lakh) Segmental Performance Marine ■ Revenue: 14,205 (+15.7% YoY | +38.2% QoQ) ■ EBIT: 1,481 (+36.0% YoY | +59.9% QoQ) ■ EBIT Margin (%): 10.4 (+155 bps YoY | +141 bps QoQ) Industry ■ Revenue: 26,260 (+163.9% YoY | +67.9% QoQ) ■ EBIT: 3,146 (+172.8% YoY | +123.2% QoQ) ■ EBIT Margin (%): 12.0 (+39 bps YoY | +296 bps QoQ)
Marine Electricals (India) Limited has informed the Exchange about Bagging/Receiving of orders/contracts
Others (Uncategorized) · 27 Oct 2026, 5:06 pm
Marine Electricals Secures Orders Worth Rs 362.34 Crore for Power Distribution Systems Marine Electricals (India) Limited bagged orders totaling approximately Rs 362.34 crore (excluding taxes) on 27th Oct'26. The wins comprise a contract from Princeton Digital Group (India) Management Private Limited for the supply of a Power Distribution System with an execution timeline of 12-15 months, and a Letter of Intent from DXDC Chennai Private Limited for a Power Distribution System to be delivered over 4-5 months. Neither transaction involves promoter interest or qualifies as a related-party transaction.
MARINE ELECTRICALS (INDIA) LIMITED has informed the Exchange about Board Meeting to be held on 04-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly ended September 2026 .
Intimation · 04 Nov 2026, 5:30 am
Marine Electricals (India) Schedules Board Meeting to Consider Half-Yearly Results Marine Electricals (India) Limited has scheduled its Board of Directors meeting on 4th Nov'26 to consider and approve the unaudited financial results for the half-year ended Sep'26.
To consider and approve the financial results for the period ended September 30, 2026
Intimation · 04 Nov 2026, 5:30 am
Marine Electricals Schedules Board Meeting to Approve Q2 Results Marine Electricals (India) Limited announced a Board of Directors meeting scheduled for 4th Nov'26 to consider and approve the standalone and consolidated unaudited financial results for the quarter and half-year ended 30th Sep'26. Consequently, the company's trading window remains closed and will reopen 48 hours after the declaration and communication of the financial results to the stock exchanges.
Marine Electricals (India) Limited has informed the Exchange about Bagging/Receiving of orders/contracts
Others (Uncategorized) · 05 Oct 2026, 3:51 pm
Marine Electricals Secures Multiple Domestic Orders Totaling Rs 393.52 Crore Marine Electricals (India) Limited has bagged orders worth approximately Rs 393.52 crore (excluding taxes) across multiple key clients on 5th Oct'26. The contracts include power distribution systems for Web Werks (18–24 months delivery), MEP GC contract works for CtrlS Datacenters (6–8 months), electrical works on 7500 DWT MPV for Garden Reach Shipbuilders & Engineers (24–28 months), and VTMS supply for Navayuga Engineering's Ramayapatnam Port Project (4–7 months execution).
Marine Electricals (India) Limited has informed the Exchange about Bagging/Receiving of orders/contracts
Others (Uncategorized) · 05 Oct 2026, 3:09 pm
Marine Electricals (India) Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 30, 2026. Further, the company has informed the Exchange regarding voting results.
Annual General Meeting · 01 Oct 2026, 6:30 pm
Marine Electricals (India) Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 30, 2026
Annual General Meeting · 30 Sept 2026, 10:53 pm
Marine Electricals (India) Limited has informed the Exchange about Bagging/Receiving of orders/contracts
Others (Uncategorized) · 28 Sept 2026, 3:29 pm
Marine Electricals Bags Power Distribution Orders Worth Rs 250.78 Crores Marine Electricals (India) Limited secured multiple orders totaling approximately Rs 250.78 crores (excluding taxes) on 28th Sep'26 for the supply of Power Distribution Systems. The contracts comprise orders from Digital Edge DC (India) Private Limited with execution over 10-12 months, Socomec India Private Limited with delivery scheduled across 4 months, and STT Global Data Centres India Private Limited with an execution timeline spanning 10-12 months.
Marine Electricals (India) Limited has informed the Exchange about Schedule of meet
Intimation · 23 Sept 2026, 10:13 pm
Marine Electricals Schedules Analyst and Institutional Investor Group Meeting Marine Electricals (India) Limited has scheduled a group meeting with analysts and institutional investors on 28th Sep'26 at 04:30 PM in Mumbai. The company confirmed that discussions will strictly rely on publicly available information, and no unpublished price-sensitive information (UPSI) will be shared during the interaction. The schedule remains subject to changes based on participant exigencies.
Marine Electricals (India) Limited has informed the Exchange about General Updates
Others (Uncategorized) · 22 Sept 2026, 7:32 pm
Marine Electricals Signs Agreement to Develop India’s First Indigenous AIS Base Station Marine Electricals (India) Limited entered into a Head of Terms Agreement with Maritime 3 Group on 22nd Sep'26 to develop and manufacture India’s first indigenous Automatic Identification System Base Station incorporating VHF Data Exchange System technology. The collaboration focuses on engineering, prototyping, manufacturing, and commercialisation under the Make in India initiative, catering to domestic ports, coastal surveillance, and Vessel Traffic Services. The partnership aims to lower import reliance on critical maritime communication infrastructure while targeting both domestic and global maritime markets.
Marine Electricals (India) Limited has informed the Exchange about General Updates
Others (Uncategorized) · 22 Sept 2026, 3:39 pm
Marine Electricals Delivers Robust Q1FY27 Growth with Order Book Up 201% YoY Marine Electricals (India) Limited reported strong Q1FY27 consolidated performance, with revenue from operations growing 55% YoY to Rs. 259 Cr, driven by the Industry (+77%) and Marine (+30%) segments. EBITDA rose 47% YoY to Rs. 32.5 Cr (12.3% margin), while PAT expanded 51% YoY to Rs. 17.5 Cr. The company secured Rs. 784 Cr in new orders during the quarter, pushing its total order backlog to a record Rs. 2,073 Cr as of 30th Jun'26 (up 201% YoY), providing 8–24 months of revenue visibility.
Marine Electricals (India) Limited has informed the Exchange about General Updates Press Release Summary Capacity Expansion and New Plant at Goa
Press Release · 21 Sept 2026, 7:21 pm
Marine Electricals Inaugurates Sixth Manufacturing Facility in Goa for Data Center Expansion Marine Electricals (India) Limited inaugurated its sixth facility in Goa spanning ~160,000 sq.ft., operational since 14th Sep'26. The plant exclusively manufactures Power Train Units (PTUs) for data centers and shore conversion systems for ports, targeting full capacity of ~800 PTUs annually by Mar'27. Existing units in Goa and Vadodara will continue producing LV/MV switchboards and busducts. The expansion supports growing marine and industrial demand, building upon the company's FY26 revenue of ₹877 Cr and ₹2,073 Cr order book as of Jun'26.
Marine Electricals (India) Limited has informed the Exchange about General Updates
Others (Uncategorized) · 15 Sept 2026, 11:54 pm
Marine Electricals Approves Reconstitution of Key Board Committees Marine Electricals (India) Limited announced the reconstitution of its Risk Management Committee and Stakeholders Relationship Committee, effective 15th Sep'26. The Risk Management Committee is chaired by Executive Director Vinay Uchil, alongside Independent Directors Venkata Archana Rajagopalan and Shanmugam Nagarajan as members. Concurrently, the Stakeholders Relationship Committee is led by Independent Director Nikunj Mishra as Chairman, with Independent Director Shanmugam Nagarajan and Executive Director Shailendra Shukla serving as members.
Marine Electricals (India) Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 30, 2026
Annual General Meeting · 07 Sept 2026, 7:28 pm
Marine Electricals (India) Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 30, 2026
Annual General Meeting · 06 Sept 2026, 5:35 am
Marine Electricals (India) Limited has informed the Exchange regarding 'Business Responsibility and Sustainability Reporting FY 2025-26'.
Others (Uncategorized) · 06 Sept 2026, 2:57 am
Marine Electricals Submits FY 2025-26 Business Responsibility and Sustainability Report Marine Electricals (India) Limited submitted its standalone Business Responsibility and Sustainability Report for FY 2025-26 on 5th Sep'26. The company reported standalone turnover of ₹74,693.71 Lakhs and net worth of ₹45,593.96 Lakhs, with exports accounting for 4.63% of revenue. Renewable energy share rose to 4.93% from 2.99% YoY, supported by a 200 KW rooftop solar installation at Goa. Scope 1 emissions totaled 801.41 tCO2e, while zero workplace injuries, fatalities, or regulatory non-compliance fines were recorded during the fiscal year.
Marine Electricals (India) Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 30, 2026
Annual General Meeting · 06 Sept 2026, 2:49 am
Marine Electricals (India) Limited has informed the Exchange about Bagging/Receiving of orders/contracts
Others (Uncategorized) · 04 Sept 2026, 5:17 pm
Marine Electricals (India) Limited has informed the Exchange about Bagging/Receiving of orders/contracts
Others (Uncategorized) · 01 Sept 2026, 3:28 pm
Marine Electricals Wins ₹229.73 Crore Order for Power Distribution System Marine Electricals (India) announced on 1st Sep'26 a significant order win worth ₹229.73 crores, excluding taxes, from Digital Edge DC (India) Private Limited. The contract involves the supply of a power distribution system, with completion scheduled over a 15-month period. The company confirmed this transaction does not fall under related party transactions and that its promoters have no interest in the contract, highlighting good corporate governance. This order provides strong revenue visibility for the company's electrical solutions segment.
Marine Electricals (India) Limited has informed the Exchange about Bagging/Receiving of orders/contracts
Others (Uncategorized) · 31 Aug 2026, 7:08 pm
Marine Electricals Secures New Orders Worth ₹398.81 Crores Marine Electricals (India) Limited has received new orders totaling approximately ₹398.81 crores (ex-taxes) for Power Distribution Systems. The first order, from Princeton Digital Group (India), is scheduled for delivery over 18 months. A second order from Classic Electric will be delivered over a 6-8 month period. The company confirmed that these contracts are not related-party transactions, as announced on 31st Aug'26.
Marine Electricals (India) Limited has informed the Exchange regarding a press release dated August 17, 2026, titled "Press Release for Financial Results for the Quarter Ended 30th June 2026".
Press Release · 17 Aug 2026, 3:30 pm
MARINE Delivers Strong Q1FY27 with Robust Order Wins and Record Backlog Marine Electricals (MARINE) reported strong Q1FY27 results, with revenue up 55% YoY to Rs. 259 crores, driven by a 77% YoY surge in the Industry segment. EBITDA grew 47% YoY to Rs. 33 crores, and PAT rose 51% YoY to Rs. 18 crores. The company secured new orders worth Rs. 784 crores during the quarter, boosting its order backlog by 201% YoY to a record Rs. 2,073 crores. The Industrial segment, including data centres, now accounts for ~65% of the backlog, signaling a strategic shift.
Monitoring Agency Report for the Quarter Ended June 30, 2026
Others (Uncategorized) · 15 Aug 2026, 1:58 am
Marine Electricals (India) Limited has informed the Exchange that Record date for the purpose of Dividend is 11-Sep-2026.
Dividend · 15 Aug 2026, 12:44 am
Marine Electricals Q1FY27 Results, FY26 Dividend, Fund Utilization Change Marine Electricals reported standalone Q1FY27 PAT of ₹16.7 Cr, up 53.7% YoY, on revenue of ₹234.1 Cr, up 57.2% YoY. Consolidated Q1FY27 PAT rose 48.7% YoY to ₹17.5 Cr. The board recommended a final dividend of ₹0.30 per share (15%) for FY26, with a record date of 11th Sep'26. The company also seeks shareholder approval to change the object of utilization for funds amounting to ₹149.22 Cr raised via preferential allotment. The 19th AGM is scheduled for 30th Sep'26.