Marine Electricals (India) Limited

NSE:MARINE India Electrical Equipment & Parts
Market Cap
$274.07 Million
₹23.74 Billion INR
Market Cap Rank
#18668 Global
#887 in India
Share Price
₹178.91
Change (1 day)
+1.53%
52-Week Range
₹156.99 - ₹252.60
All Time High
₹327.60
About

Marine Electricals (India) Limited manufactures and sells various marine and industrial electrical and electronic components in India and internationally. The company operates through Marine and Industry segments. It provides marine and defence solutions that offer power generation and distribution solutions, including main switch boards, automated power management systems, motor control centers/… Read more

Market Cap & Net Worth: Marine Electricals (India) Limited (MARINE)

Marine Electricals (India) Limited (NSE:MARINE) has a market capitalization of $274.07 Million (₹23.74 Billion) as of March 19, 2026. Listed on the NSE stock exchange, this India-based company holds position #18668 globally and #887 in its home market, demonstrating a -4.80% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Marine Electricals (India) Limited's stock price ₹178.91 by its total outstanding shares 132665250 (132.67 Million).

Marine Electricals (India) Limited Market Cap History: 2018 to 2026

Marine Electricals (India) Limited's market capitalization history from 2018 to 2026. Data shows growth from $24.20 Million to $274.07 Million (41.91% CAGR).

Marine Electricals (India) Limited Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Marine Electricals (India) Limited's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

0.04x

Marine Electricals (India) Limited's market cap is 0.04 times its annual revenue

Industry average:
0.33x
Lower than industry average

Latest Price to Earnings (P/E) Ratio

0.86x

Marine Electricals (India) Limited's market cap is 0.86 times its annual earnings

Industry average:
1.64x
Lower than industry average
What These Ratios Tell Investors:
  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2018 $24.20 Million $3.82 Billion $157.61 Million 0.01x 0.15x
2019 $30.42 Million $4.00 Billion $92.16 Million 0.01x 0.33x
2020 $68.52 Million $2.63 Billion $56.14 Million 0.03x 1.22x
2021 $60.92 Million $2.51 Billion $128.97 Million 0.02x 0.47x
2022 $49.36 Million $3.76 Billion $129.77 Million 0.01x 0.38x
2023 $155.50 Million $4.42 Billion $169.95 Million 0.04x 0.91x
2024 $395.14 Million $6.22 Billion $258.99 Million 0.06x 1.53x
2025 $331.33 Million $7.67 Billion $384.32 Million 0.04x 0.86x

Competitor Companies of MARINE by Market Capitalization

Companies near Marine Electricals (India) Limited in the global market cap rankings as of March 19, 2026.

Key companies related to Marine Electricals (India) Limited by market ranking:

  • Contemporary Amperex Technology Co Ltd Class A (SHE:300750): Ranked #154 globally with a market cap of $118.06 Billion USD ( CN¥866.23 Billion CNY).
  • Vertiv Holdings Co (NYSE:VRT): Ranked #221 globally with a market cap of $89.72 Billion USD.
  • ABB Ltd (PINK:ABBNY): Ranked #238 globally with a market cap of $85.22 Billion USD.
  • VERTIV HOL.CL A DL-0001 (F:49V): Ranked #368 globally with a market cap of $59.06 Billion USD ( €57.54 Billion EUR).

Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#154 Contemporary Amperex Technology Co Ltd Class A SHE:300750 $118.06 Billion CN¥402.02
#221 Vertiv Holdings Co NYSE:VRT $89.72 Billion $264.71
#238 ABB Ltd PINK:ABBNY $85.22 Billion $46.91
#368 VERTIV HOL.CL A DL-0001 F:49V $59.06 Billion €234.60

Marine Electricals (India) Limited Historical Marketcap From 2018 to 2026

Between 2018 and today, Marine Electricals (India) Limited's market cap moved from $24.20 Million to $ 274.07 Million, with a yearly change of 41.91%.

Year Market Cap Change (%)
2026 ₹274.07 Million -17.28%
2025 ₹331.33 Million -16.15%
2024 ₹395.14 Million +154.11%
2023 ₹155.50 Million +215.05%
2022 ₹49.36 Million -18.98%
2021 ₹60.92 Million -11.09%
2020 ₹68.52 Million +125.23%
2019 ₹30.42 Million +25.70%
2018 ₹24.20 Million --

End of Day Market Cap According to Different Sources

On Mar 19th, 2026 the market cap of Marine Electricals (India) Limited was reported to be:

Source Market Cap
Yahoo Finance $274.07 Million USD
MoneyControl $274.07 Million USD
MarketWatch $274.07 Million USD
marketcap.company $274.07 Million USD
Reuters $274.07 Million USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.