Marine Electricals (India) Limited

Marine Electricals (India) Limitedverified

MARINE.NS

Price:

$203.01

Market Cap:

$28.00B

Marine Electricals (India) Limited manufactures and sells various marine and industrial electrical and electronic components in India and internationally. It offers power generation and distribution, navigation and communication, electrical propulsion, integrated platform management, information technology, engineering and project management, and various system solutions for the marine sector. The company also provides services, including repairs, corrective and preventive maintenance, upgrades, and life extensions and parts on electrical power generation, power distribution, automation and power management systems, navigation and communication systems, and other electrical and electronic sy...[Read more]

Industry

Marine Shipping

IPO Date

2018-10-26

Stock Exchange

NSE

Ticker

MARINE.NS

The Current Ratio as of December 2025 (TTM) for Marine Electricals (India) Limited (MARINE.NS) is 2.17

According to Marine Electricals (India) Limited’s latest financial reports and current stock price. The company's current Current Ratio is 2.17. This represents a change of 101.21% compared to the average of 1.08 of the last 4 quarters.

Marine Electricals (India) Limited (MARINE.NS) Historical Current Ratio (quarterly & annually)

How has MARINE.NS Current Ratio performed in the past?

The mean historical Current Ratio of Marine Electricals (India) Limited over the last ten years is 1.52. The current 2.17 Current Ratio has changed 14.14% with respect to the historical average. Over the past ten years (40 quarters), MARINE.NS's Current Ratio was at its highest in in the September 2025 quarter at 2.17. The Current Ratio was at its lowest in in the June 2018 quarter at 0.

Quarterly (TTM)
Annual

Average

1.52

Median

1.48

Minimum

1.16

Maximum

2.14

Marine Electricals (India) Limited (MARINE.NS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Marine Electricals (India) Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 44.51%

Maximum Annual Current Ratio = 2.14

Minimum Annual Increase = -14.11%

Minimum Annual Current Ratio = 1.16

Quarterly (TTM)
Annual
YearCurrent RatioChange
20252.1444.51%
20241.48-7.62%
20231.60-2.93%
20221.652.81%
20211.618.58%
20201.480.56%
20191.4726.35%
20181.16-3.82%
20171.21-14.11%
20161.418.39%

Marine Electricals (India) Limited (MARINE.NS) Average Current Ratio

How has MARINE.NS Current Ratio performed in the past?

The current Current Ratio of Marine Electricals (India) Limited (MARINE.NS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.74

5-year avg

1.70

10-year avg

1.52

Marine Electricals (India) Limited (MARINE.NS) Current Ratio vs. Peers

How is MARINE.NS’s Current Ratio compared to its peers?

Marine Electricals (India) Limited’s Current Ratio is greater than Hind Rectifiers Limited (1.26), greater than Hind Rectifiers Limited (1.26), greater than Quess Corp Limited (1.29), greater than Quess Corp Limited (1.29), greater than Bharat Bijlee Limited (1.66), greater than Bharat Bijlee Limited (1.66), less than Flair Writing Industries Limited (4.62), less than Flair Writing Industries Limited (4.62), greater than Patel Engineering Limited (0), greater than Patel Engineering Limited (0),

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Frequently asked questions❓

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