Marine Electricals (India) Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
- Paid Up Capital ₹ 27.59 Cr
- Company Age 17 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 345.81 Cr
- Satisfied Charges ₹ 188.75 Cr
- Revenue Growth 21.02%
- Profit Growth 56.47%
- Ebitda 33.56%
- Net Worth 24.91%
- Total Assets 33.18%
About Marine Electricals (India)
Marine Electricals (India) Limited (MEIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 04 December 2007 and has a history of 17 years and three months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the National Stock Exchange(NSE) under the ticker symbol MARINE.
The Corporate was formerly known as Marine Electricals (India) Private Limited. The Company is engaged in the Transport And Logistics Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 30.00 Cr and a paid-up capital of Rs 27.59 Cr.
The company currently has active open charges totaling ₹345.81 Cr. The company has closed loans amounting to ₹188.75 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Marine Electricals (India) Limited India are Bhakthavalsalan Unniparambath as CFO and Deep Shah as Company Secretary. Vinay Uchil, Venkatesh Uchil, Mohan Rao, and Six other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L31907MH2007PLC176443
- Company No.
176443
- Stock Symbol
NSE : MARINE
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
04 Dec 2007
- Date of AGM
26 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Transport and Logistics
What products or services does Marine Electricals (India) Limited offer?
Marine Electricals (India) Limited offers a wide range of products and services, including Enclosures & Cabinets, Electrical Cabinets, Civil Engineering Service, Electric Engineering Services, Project Management.
Who are the key members and board of directors at Marine Electricals (India)?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Venkatesh Uchil  | Managing Director | 04-Dec-2007 | Current |
| Bhakthavalsalan Unniparambath | CFO | 04-Aug-2022 | Current |
| Deep Shah | Company Secretary | 11-Mar-2024 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vikas Jaywant | Director | 24-Feb-2020 | Current |
| Shailendra Shukla | Whole-Time Director | 07-Dec-2018 | Current |
| Archana Rajagopalan | Director | 23-Feb-2021 | Current |
| Nikunj Mishra | Director | 11-Jul-2018 | Current |
| Vinay Uchil | Whole-Time Director | 04-Dec-2007 | Current |
| Mohan Rao | Director | 30-May-2020 | Current |
Financial Performance of Marine Electricals (India).
Marine Electricals (India) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.02% increase. The company also saw a substantial improvement in profitability, with a 56.47% increase in profit. The company's net worth Soared by an impressive increase of 24.91%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Marine Electricals (India)?
In 2022, Marine Electricals (India) had a promoter holding of 73.52% and a public holding of 26.47%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Oasys Energy & Applied Technologies Private LimitedVikas Jaywant is a mutual person
Marks Marine Radio Private LimitedVinay Uchil and Venkatesh Uchil are mutual person
Mcgeoch Marine Electricals Private LimitedVinay Uchil and Venkatesh Uchil are mutual person
Kdu Enterprises Private LimitedVinay Uchil and Venkatesh Uchil are mutual person
Helpmesee India FoundationArchana Rajagopalan is a mutual person
Das Offshore LimitedMadan Pendse is a mutual person
Charges (Loans)
Open Charges
₹345.81 Cr
Satisfied Charges
₹188.75 Cr
Charges Breakdown by Lending Institutions
- Others : 179.66 Cr
- State Bank Of India : 90.80 Cr
- Yes Bank Limited : 75.00 Cr
- Hdfc Bank Limited : 0.35 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Oct 2024 | Yes Bank Limited | ₹75.00 Cr | Open |
| 05 Oct 2024 | Hdfc Bank Limited | ₹2.23 M | Open |
| 30 Dec 2023 | Hdfc Bank Limited | ₹1.26 M | Open |
| 27 Sep 2023 | Others | ₹75.00 Cr | Open |
| 06 Jun 2022 | Others | ₹15.00 Cr | Open |
How Many Employees Work at Marine Electricals (India)?
Marine Electricals (India) has a workforce of 213 employees as of Oct 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Marine Electricals (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Marine Electricals (India)'s trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Marine Electricals (India)
Recent activity within the organization
- Charges
A charge with Yes Bank Limited amounted to Rs. 75.00 Cr with Charge ID 100993337 was registered on 08 Oct 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.22 Cr with Charge ID 100988493 was registered on 05 Oct 2024.
- Charges
A charge with Others of Rs. 74.50 Cr registered on 15 Dec 2021 with Charge ID 100518603 was modified on 21 Aug 2024.
- Charges
A charge registered on 30 Jul 2022 via Charge ID 100610428 with Others was fully satisfied on 13 Mar 2024.
- Director Appointment
Deep Vallabhdas Shah was appointed as a Company Secretary was appointed as a Company Secretary on 11 Mar 2024 & has been associated with this company since 11 months 23 days .
- Charges
A charge with Others of Rs. 75.00 Cr registered on 27 Sep 2023 with Charge ID 100794544 was modified on 28 Feb 2024.
Recent News, Updates & Announcement
- GRSE picks Shift Clean Energy’s tech to power all-electric ferry.
Renewable energy provider Shift Clean Energy (Shift) has partnered with Indian shipbuilder Garden Reach Shipbuilders and Engineers (GRSE) to power its first-ever fully electric ferry. .
Frequently asked questions
What is the Incorporation or founding date of Marine Electricals (India) Limited?
Marine Electricals (India) Limited was incorporated on 04 Dec 2007.
What is authorized share capital and paid-up capital of Marine Electricals (India) Limited?
The authorized share capital of Marine Electricals (India) Limited is ₹ 30.00 Cr and paid-up capital is ₹ 27.59 Cr.
Who are the current board members & directors of Marine Electricals (India) Limited?
Currently 11 directors are associated with Marine Electricals (India) Limited.
- Vinay Krishna Uchil
- Venkatesh Krishnappa Uchil
- Mohan Rao
- Nikunj Kishore Mishra
- Vikas Manohar Jaywant
- Madan Gopal Pendse
- Shailendra Kumar Shukla
- Tanuja Deepak Pudhierkar
- Archana Venkata Rajagopalan
- Bhakthavalsalan Madhavamenon Unniparambath
- Deep Vallabhdas Shah
What is the registered address of Marine Electricals (India) Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Marine Electricals (India) Limited is B/1 Udyog Sadan No.3 Midc Andheri (E), India, Mumbai, Maharashtra, 400093.
What is the corporate identification number (CIN) and company number of Marine Electricals (India) Limited?
The corporate identification number (CIN) of Marine Electricals (India) Limited is L31907MH2007PLC176443 and the company number is 176443 as per Ministry of Corporate Affairs (MCA).
Is Marine Electricals (India) Limited registered with any stock exchange in India?
Yes, Marine Electricals (India) Limited is registered on National Stock Exchange (NSE).
What is the official website of Marine Electricals (India) Limited?
The Official website of Marine Electricals (India) Limited is https://www.marineelectricals.com
What has been the recent revenue trend for Marine Electricals (India) Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Marine Electricals (India) Limited has risen by 21.02%.
How many employees does Marine Electricals (India) Limited currently have?
As Per 2023 financial reports, 213 employees are currently employed by Marine Electricals (India) Limited.
What change has been observed in the net worth of Marine Electricals (India) Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Marine Electricals (India) Limited has experienced an upsurge of 24.91%.
What are the total open charges for Marine Electricals (India) Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Marine Electricals (India) Limited amount to ₹ 345.81 Cr.
When was the last Balance Sheet of Marine Electricals (India) Limited filed with the ROC?
The most recent Balance Sheet for Marine Electricals (India) Limited was filed with the ROC on 31 Mar 2023.
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