Electric Equipment Stock Jumps 5% After Securing ₹209 Cr Orders Linked to Adani Group

Synopsis: Small-Cap company jumped 5% after securing ₹208.72 crore orders from Adani Infra and Udupi Cochin Shipyard for power distribution and alarm monitoring systems, to be executed over 12–24 months across marine and industrial sectors.

The shares of a Small-Cap company specialising in comprehensive electrical and electronic solutions for both the marine/defence and commercial/industrial sectors, are in focus in the day’s trade after securing orders from Adani Infra (India) Limited and Udupi Cochin Shipyard Limited.

With a market capitalization of Rs. 3,130.14 crores in the day’s trade, the shares of Marine Electricals (India) Limited rose upto 4.5 percent, making a high of Rs. 228.54 per share compared to its previous closing price of Rs. 218.75 per share.

What happened

Marine Electricals (India) Limited,  engaged in comprehensive electrical and electronic solutions for both the marine/defence and commercial/industrial sectors, has secured work orders from Adani Infra (India) Limited and Udupi Cochin Shipyard Limited aggregating to Rs. 208.72 crores.

The order includes a contract from Adani Infra (India) Limited for the supply of power distribution systems, with deliveries scheduled over 12–14 months. The company has also received an order from Udupi Cochin Shipyard Limited for the supply of an Alarm Monitoring System, to be executed over 24 months.

Financials & Others

The company’s revenue rose by 8.48 percent from Rs. 194 crores in December 2024 to Rs. 210 crores in December 2025. Meanwhile, Net profit rose from Rs. 5 crores to  Rs. 12 crores in the same period.

The company reports a ROCE of 16.1% and ROE of 11.6%, indicating moderate efficiency in generating returns from its capital and shareholders’ equity. Its debt-to-equity ratio stands low at 0.13, reflecting a conservative leverage position and showing that the company has significantly reduced its debt levels.

Additionally, the company has demonstrated strong financial performance with a profit growth CAGR of 45.9% over the last 5 years. This indicates consistent and robust earnings expansion, supported by improving operational performance and disciplined financial management.

Marine Electricals (India) Limited, established in 1978, is an integrated technical services provider catering to diverse sectors, including Navy & Coast Guard, commercial shipbuilding yards, industrial and commercial establishments, ports, and electric vehicle infrastructure. The company focuses on electrical, automation, power electronics, and information & communication technology solutions.

It offers a wide range of products such as MV panels, LV PCCs, MCCs, bus trunking systems, and automation solutions, including remote monitoring and control systems, EMS, and IBMS. It is also active in the EV segment, manufacturing both slow and fast chargers ranging from 3.3 kW to 240 kW, along with its in-house app “Bijlify” and charge point management system.

The company operates with a strong workforce of over 1,300 employees, including 350+ engineers and specialists, supported by 60+ shared services staff. It has 8 manufacturing plants across Goa, Mumbai, the UAE, and Italy, along with 14 service centres across India and 18 sales and representative offices across India and the Middle East, ensuring a wide geographical reach and service capability.

Marine Electricals serves a strong portfolio of major customers in the marine segment, including leading defence and shipbuilding organisations such as the Indian Navy, Coast Guard, Goa Shipyard Limited, Cochin Shipyard Limited, Hindustan Shipyard Limited, and Shipping Corporation of India. It also caters to international and regional clients like the Bangladesh Navy and several global shipyards and marine operators.

In addition, the company works with reputed commercial and industrial players, including L3 Technologies, Titagarh, Chowgule Shipyard, HEISCO, Grandweld Shipyards, Zamil Shipyards, ONGC, and others. This diversified customer base highlights its strong presence across defence, commercial shipbuilding, and offshore energy sectors.

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

The post Electric Equipment Stock Jumps 5% After Securing ₹209 Cr Orders Linked to Adani Group appeared first on Trade Brains.