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Marine Electricals (India) Ltd
B-1, Udyog Sadan - 3, MIDC, Marol
Industrial Area, Andheri East
Phone: +91 2240334300p:+91 2240334300 MUMBAI, 400093  India Ticker: MARINEMARINE
Business Summary
Marine Electricals (India) Limited is an integrated technical services provider in the fields of electrical automation and information and communication technology solutions. It is engaged in the manufacturing and sale of all types of marine and industrial electrical and electronic components like switch-gears and control-gears. It is also engaged in the renewable energy sector, specifically solar. It also provides services like designing and fabricating for all types of electrical and electronic installations in India and abroad and undertakes annual maintenance contracts. It operates through two segments : Marine, which provides products and services for navigational equipment in new ship building, and Industry, which provides products and services for power distribution and solutions for industries like data centers, industrial and large buildings. Its flagship offerings include Integrated Bridge Systems, Integrated Monitoring and Control Systems, and Data Distribution Solutions.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/20253/31/2024Yes----

Industries
SIC Code Description
3699 Electrical machinery, equipment, and supplies, not elsewhere classified
3613 Switchgear and switchboard apparatus
3561 Pumps and pumping equipment
4911 Electric services
3812 Search, detection, navigation, guidance, aeronautical, and nautical

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Executive Chairman of the Board Vinay K.Uchil 51 8/1/2018 12/4/2007
Compliance Officer, Company Secretary DeepShah 2/14/2024 2/14/2024
Managing Director, Executive Director Venkatesh K.Uchil 45 8/1/2018 12/4/2007
5 additional Officers and Directors records available in full report.

General Information
Number of Employees: 494 (As of 3/31/2024)
Outstanding Shares: 137,944,500 (As of 3/31/2025)
Shareholders: 51,152
Stock Exchange: NSE


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