Marine Electricals (India) Limited (MARINE)
Outcome of Board Meeting
Q1FY27 results (unaudited):
Standalone:
Revenue 23.4bn +59% y-y (14.7bn)
PAT 1.67bn +54% y-y (1.09bn)
Consolidated:
Revenue 25.9bn +55% y-y (16.7bn)
PAT 1.75bn +51% y-y (1.16bn)
FY26 results (audited):
Standalone:
Revenue 76.4bn
EBITDA 7.1bn
PAT 5.29bn
Consolidated:
Revenue 87.7bn
EBITDA 7.6bn
PAT 5.86bn
Dividend: Rs 0.30/share (record date 11th September 2026)
Commentary: The Board recommended a final dividend of Rs 0.30 per equity share for FY26; the company sold 70% stake in a subsidiary, MEL Shipyard, which became an associate from June 2026; Eltech Engineers Madras subsidiary has material uncertainty but is supported by the parent company.
Source: Original filing PDF
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🚨 MARINE — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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