🚨 Marine Electricals: ₹1,255 Cr Order Book
Marine Electricals is quietly evolving from a traditional electrical solutions company into a diversified engineering & systems-integration play across Marine, Defence, Data Centres, Industrial Infrastructure and EV Charging.
📊 FY26 HIGHLIGHTS
• Standalone Revenue: ₹746.9 Cr
• Standalone PAT: ₹52.9 Cr | +28.9% YoY
• Consolidated Revenue: ₹767.1 Cr
• Consolidated EBITDA: ₹82.0 Cr
• Consolidated PAT: ₹38.1 Cr
• Order Book: ₹1,254.6 Cr | +139% YoY
🔥 THE BIG STORY = ORDER BOOK
Order book jumped from ₹524 Cr → ₹1,255 Cr in just one year.
This provides strong revenue visibility and reflects rising demand for the company's broader product and systems portfolio.
⚓ DEFENCE & MARINE
Marine Electricals has established relationships across Indian naval shipbuilding and acts as a systems integrator/OEM across 25+ product categories.
Its opportunity set includes:
→ Integrated Platform Management Systems
→ Integrated Bridge Systems
→ NAVCOM
→ Power generation & distribution
→ Naval automation
→ Lifecycle services
The company's annual report also highlights a significant pipeline of naval projects across multiple shipyards.
🏢 DATA CENTRES = NEW GROWTH ENGINE
India's rapidly expanding digital infrastructure is opening another large opportunity.
Marine Electricals is targeting data centres with:
⚡ LV & MV switchboards
⚡ Bus duct systems
⚡ Energy Management Systems
⚡ Building Management Systems
⚡ Intelligent power distribution