MARINE
Marine Electricals (India) Limited
Each stock's 10,000-path forecast, rendered as light.
Marine Electricals (India) Limited (MARINE) Stock Analysis & Case Study
Is MARINE a good buy? The data-driven verdict.
Marine Electricals (India) Limited (MARINE) trades at ₹337,on the numbers it tread carefully, a Downstox Snapshot Score of 40/100.
On the numbers, Marine Electricals (India) Limited (MARINE) tread carefully, a Downstox Snapshot Score of 40/100, weighing expensive at 79.5× earnings, ROE of 13.2%, a 50% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
MARINE fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How MARINE ranks against the 2,373 companies in our screener
- MARINE's market cap of 4,715 Cr ranks in the 65th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- MARINE's book value of ₹35 ranks in the 26th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- MARINE's promoter holding of 68.2% ranks in the 70th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- MARINE's 3-year profit (PAT) growth of 52.0% ranks in the 84th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- MARINE's 3-year revenue growth of 26.0% ranks in the 81st percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- MARINE's debt-to-equity ratio of 0.18x is lower than 65% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
Is MARINE overvalued? MARINE P/E vs peers
MARINE trades at 79.5× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.
MARINE share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 7.6y of MARINE history (42%/yr drift, 52%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| MARINE 2027 | ₹171 | ₹337 | ₹662 | -0% |
| MARINE 2028 | ₹132 | ₹337 | ₹856 | -0% |
| MARINE 2029 | ₹107 | ₹337 | ₹1,060 | -0% |
| MARINE 2030 | ₹91 | ₹336 | ₹1,238 | -0% |
| MARINE 2031 | ₹77 | ₹336 | ₹1,460 | -0% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability MARINE goes up, or doubles?
The bull case for MARINE
- MARINE's return on equity of 13.2% ranks in the 65th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- MARINE's return on capital employed of 18.2% ranks in the 76th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹1,060.
The bear case & risks
- MARINE's P/E of 79.5x is lower than 15% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- A steep 9.6× price-to-book means most of the value is intangible/expectations, not assets on the books.
- High historical volatility (52%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹107.
MARINE volatility & expected range, how bumpy is the ride?
Over the last 7.6 years MARINE compounded at 42%/year with annualized volatility of 52%. That volatility implies a 1-year 80% range of ₹171-₹662, the honest backbone behind any single price target.
MARINE price forecast, the full 60-month probability fan
MARINE price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds MARINE hits common targets within the simulated horizon?
Full multi-horizon detail on the MARINE price target & forecast page.
MARINE Piotroski F-Score: 6/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. MARINE scores 6/8, mixed financial health.
MARINE MTF margin & leverage across 8 brokers
Margin Trading Facility lets you buy MARINE with part of the capital. Lower margin % = higher leverage. Rates compared across 8 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 38.91% | 2.6× |
| Zerodha | 38.97% | 2.6× |
| Dhan | 50.00% | 2.0× |
| Kotak Neo | 100.00% | 1.0× |
| Paytm Money | 38.91% | 2.6× |
| PocketfulCHEAPEST | 38.76% | 2.6× |
| Anand Rathi | 38.97% | 2.6× |
| Share India | 38.81% | 2.6× |
Compare every broker on the MARINE MTF page.
About Marine Electricals (India) Limited: sector, index & market-cap context
Marine Electricals (India) Limited (MARINE) is a small-cap NSE-listed company, with a market capitalisation of ₹4,715 Cr. See more stocks on our screener.
How the MARINE Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Marine Electricals (India) Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
MARINE analysis, FAQs
Is Marine Electricals (India) Limited (MARINE) a good buy?
On the numbers, Marine Electricals (India) Limited (MARINE) tread carefully, a Downstox Snapshot Score of 40/100, weighing expensive at 79.5× earnings, ROE of 13.2%, a 50% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is MARINE overvalued or undervalued?
MARINE trades at 79.5× earnings, expensive versus the ~22× long-run Nifty average.
What is the MARINE share price target for 2031?
MARINE's probability-weighted 2031 median target is ₹336, with an 80% range of ₹77-₹1,460 (10,000-path Monte-Carlo).
What is the probability MARINE doubles in 5 years?
The modelled probability of MARINE reaching ₹674 (2×) within 5 years is 27%.
What is the bull case for MARINE?
MARINE's return on equity of 13.2% ranks in the 65th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. MARINE's return on capital employed of 18.2% ranks in the 76th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
What are the risks in MARINE?
MARINE's P/E of 79.5x is lower than 15% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. A steep 9.6× price-to-book means most of the value is intangible/expectations, not assets on the books. High historical volatility (52%/yr) means a wide, bumpy range of outcomes, size positions accordingly.