ALFA Filings
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Marine Electricals (India) Ltd reported revenue from operations of ₹277.5 Cr (+10.7% YoY) and net profit of ₹18.6 Cr (+37.8% YoY) for Q4 FY26.
Marine Electricals (India) Limited approved its FY2026 audited financial results. The company reported standalone annual revenue of ₹746.94 Crore and consolidated net profit of ₹58.62 Crore.
Marine Electricals (India) Limited secured Rs. 96.40 Crore orders for power distribution systems from Princeton Digital Group. Execution is scheduled over 12-14 months.
Marine Electricals converted its partnership subsidiary Narhari Engineering Works into a private limited company. The entity is now known as MEL Heavy Industries Private Limited.
Marine Electricals secured a ₹2.49 Crore order from Udupi Cochin Shipyard for alarm monitoring systems. The 24-month execution period provides steady revenue visibility for the company.
Marine Electricals (India) Limited secured a ₹206.23 Crore order from Adani Infra for power distribution systems. The contract will be executed over 12-14 months.
Marine Electricals scheduled a board meeting on May 27, 2026, to approve audited annual financial results. The trading window remains closed until June 1, 2026.
Marine Electricals (India) Limited secured two orders totaling ₹208.72 Crore from Adani Infra and Udupi Cochin Shipyard. Projects involve power and alarm systems delivery within 24 months.
Marine Electricals (India) Limited secured new orders totaling ₹70.86 Crore. Clients include Princeton Digital Group for power distribution systems (7-9 months delivery) and C Torq Marine Services for panels (21 months delivery). The latter is a related party transaction.
Marine Electricals (India) Limited secured three new orders totaling ₹16.90 Crore from Afcons Infrastructure, Knowledge Shipyard, and Udupi Cochin Shipyard. The contracts involve supplying power distribution systems, electrical equipment, and diesel generators. Execution periods range from 4 to 22 months, enhancing revenue visibility for the company.
Marine Electricals (India) Limited has operationalized a new 51,000 sq. ft. plant in Vadodara, Gujarat. This facility adds 25% assembly shopfloor space to existing infrastructure, enabling the company to meet increased customer demand and improve delivery efficiency.