Marine Electricals (India) Ltd. Share Price

🚨 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.

SOLAR INDUSTRIES INDIA SHARES GAIN OVER 2%

ABS Marine Services Ltd Research Report LONG TERM ANALYSIS

ABS Marine Services Ltd (NSE SME: ABSMARINE) was founded in 1992 in Chennai by Master Mariner Captain ***** and listed on the NSE Emerge platform in May 2024 (IPO of Rs 96 Cr, subscribed ~133x). The company operatesacross four verticals — vessel ownership, ship management, marine services and port services — managing 38 vessels (including six national research vessels such as Sagar Nidhi for MoES/NIOT), with 12 owned ships and a 2,000+ seafarerpool. Clients include ONGC, port authorities, government bodies and global oil-service majors. The transformation — from asset-light manager to asset-backed owner. Since the IPO, ABS has deployed the proceeds plus~Rs 350 Cr of debt (70:30 debt-equity vessel fi nancing model) into owned tonnage: DP-2 PSVs Ocean Diamond and Emerald (FY25), OSV HADES and an MPSV (FY26/Q1 FY27). Owned/chartered vessel revenue grew from Rs 61 Cr (FY24) to Rs 251 Cr(FY26) . The fi nancial result: FY26 consolidated total income Rs 322.64 Cr (+75% YoY) , EBITDA Rs 152.55 Cr (47.3% margin vs29.7% in FY25), net profi t Rs 80.80 Cr , EPS Rs 32.59, ROE 25.97% . Owning the asset instead of managing it has re-rated themargin structure of the entire P&L. Revenue visibility keeps building. In June 2026 the company signed a 5-year, Rs 126.12 Cr charter for AHTS MV ARTEMIS with Hardy Exploration (with ONGC and Invenire Petrodyne), extendable by 5 more years — on top of a Rs 197 CrSchlumberger charter (2024), ONGC Cluster-II and multi-year port contracts. Management states two recently acquiredvessels on short-term deployment are expected to migrate to long-term charters, and it continues to bid in oil-majortenders. !ABS MARINE

₹1.1 lakh crore defence push boosts sector outlook

Defence stocks gained up to 6% after the Defence Acquisition Council (DAC) granted in-principle approval for military procurement proposals worth around ₹1.1 lakh crore. The approvals cover radars, advanced light helicopters, mine-laying systems, mobility vehicles and other critical defence equipment, creating a significant potential order pipeline for Indian defence manufacturers. Importantly, around 98% of the approved procurement is expected to be sourced from Indian industry, strengthening the opportunity for domestic players such as Data Patterns, Mishra Dhatu Nigam

🚨 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

DAC Clears ₹1.10 Lakh Crore Defence Acquisition Proposals

India’s Defence Acquisition Council (DAC) has granted Acceptance of Necessity (AoN) for defence procurement proposals worth approximately ₹1.10 lakh crore, covering the Army, Navy and Air Force. Key Highlights • Indian Army: Approvals include CBRN Recce Vehicles, High Mobility Vehicles, Mechanical Mine Layers, Advanced Light Helicopters (ALHs), Trawl Tanks and Sarvatra Bridge Systems. • Indian Navy: Procurement of Arudhra Radars and development followed by procurement of Marine Gas Turbines received approval. • Indian Air Force: Proposals include systems to enhance the capabilities of fighters, transport aircraft and helicopters, along with Ground-Based Multi-Purpose Jammers. • Approximately 98% of the approved procurement value will be sourced from Indian industry. Why It Matters The ₹1.10 lakh crore approvals represent a significant pipeline of potential defence procurement, with the 98% domestic sourcing component providing a major push to defence indigenisation. The proposals span multiple areas including helicopters, military vehicles, radars, electronic warfare systems and naval propulsion, potentially creating opportunities across India's broader defence manufacturing and supply-chain ecosystem. Importantly, AoN is an in-principle approval and not the same as a final contract award. Actual orders will follow subsequent procurement processes.