This small-cap stock, which operates in the electrical & automation sector, is in focus after it received three different orders worth Rs. 60.44 Crore, following which the stock jumped by 4.73 percent.
With a market capitalisation of Rs. 3,234 Crore, the stock of Marine Electricals opened at Rs. 236, up 2.15 percent from yesterday’s close, and after opening, it made a high of Rs. 241.95, up 4.73 percent. Additionally, the Yearly return for the stock is 77 percent, and the past 5-year return is an impressive 483 percent
Order Update
Marine Electricals (India) Limited has announced the receipt of new orders totalling Rs. 60.44 crores (excluding taxes) from three prominent clients. The first order comes from ACG Universal Capsules Private Limited for the supply, installation, testing, and commissioning of a power distribution system, with a delivery timeline of 6 to 7 months.
The second order has been secured from Agratas Energy Storage Solutions Private Limited for the supply and supervision during installation, testing, and commissioning of a power distribution system, also scheduled over 6 to 7 months. The third order is from DC Development Hyderabad Limited for testing and commissioning of a power distribution system, to be completed within 3 months.
Marine Electricals is an integrated electrical and automation solutions provider catering to both the marine and industrial/commercial sectors. In the marine segment, the company offers a comprehensive range of solutions, including integrated platform management systems, power generation and distribution systems, marine lighting, motors, and navigation and communication (NavCom) solutions.
In the industrial domain, Marine Electricals delivers low and medium-voltage power distribution systems tailored for diverse sectors such as oil and gas, data centres, banking, airports, metro rail, hospitality, and healthcare.
The company reported a 5.90 percent YoY increase in revenue from Rs. 237 Crore in Q4FY24 to Rs. 251 Crore in Q4FY25. On a QoQ basis, the company reported an increase of 29.38 percent in revenue from Rs. 194 Crore in the previous quarter.
Their Net profit saw an increase of 16.66 percent YoY from Rs. 12 Crore to Rs. 14 Crore for the same period. On a QoQ basis, the company reported an impressive increase of 180 percent in Net profit from Rs. 5 Crore in the previous quarter.
Written By Abhishek Das
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