Marine Electricals Q1FY27 Revenue Surges 55% to ₹259 Cr, Order Book Hits ₹2,073 Cr
Marine Electricals (India) reported a 55% YoY revenue growth to ₹259 crore in Q1 FY27. EBITDA increased by 47% to ₹33 crore, and PAT rose by 51% to ₹18 crore. The order book reached ₹2,073 crore, up 201% YoY, providing 8-24 months of visibility. New orders secured in Q1 FY27 amounted to ₹784 crore.
The announcement details strong financial results and a significantly expanded order book, which are material events for investors and directly impact the company's valuation and future prospects.
The company reported significant year-on-year growth in revenue, EBITDA, and PAT, along with a substantial increase in its order book, indicating strong financial performance and positive business outlook.
Marine Electricals (India) Limited announced a strong performance for the first quarter of FY27, with revenue from operations increasing by 55% year-on-year to ₹259 crore. The company's EBITDA saw a significant rise of 47% to ₹33 crore, and Profit After Tax (PAT) grew by approximately 51% to ₹18 crore.
The company's order book stood at a robust ₹2,073 crore as of June 30, 2026, marking a 201% year-on-year increase. This substantial order backlog provides an estimated 8 to 24 months of revenue visibility. During Q1 FY27, Marine Electricals secured new orders worth ₹784 crore.
Key business highlights include a strategic sharpening of business focus towards India's digital and AI infrastructure growth, with Data Centres and Industrial Infrastructure forming a significant portion of the order backlog. The Marine and Defence operations also continued to perform well, supported by sustained naval development and orders from leading shipyards.
Mr. Vinay Uchil, Chairman & Executive Director, commented on the results, stating, "The first quarter of FY27 has set a strong direction for Marine Electricals (India), marked by faster execution and a growing market presence." He highlighted the significant opportunities in digital and AI infrastructure, as well as the continued strength in Marine and Defence operations.
The company's consolidated financial performance for Q1 FY27 showed total income of ₹263.5 crore and EBITDA of ₹32.5 crore, with PAT at ₹17.5 crore. The presentation also detailed the company's business verticals, including Defence & Marine Solutions and Industry Solutions, and outlined its competitive advantages, market position, and future growth strategies.
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Marine Electricals (India) Limited filed this with the NSE as a statutory disclosure, categorised under other company updates. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Marine Electricals (India) Limited. Read the original for the full detail.