Electrical company receives new order worth Rs 17,36,00,000 from Allweiler India Pvt Ltd
DSIJ Intelligence-1 / 19 Aug 2025/ Categories: Mindshare, Trending
The company has a market cap of over Rs 2,400 crore and the stock is up by 27.4 per cent from its 52-week low of Rs 138.90 per share.
Marine Electricals (India) Limited has received an order amounting to Rs 17.36crore (excluding taxes) from Allweiler India Private Limited for the supply of control panels. The delivery shall be over a period of 36 months.
Earlier, the company received an order amounting to Rs 28.44 crore (Excluding Taxes) from Core Greentech LLP for the supply, installation, testing and commissioning of a power distribution system. The delivery shall be over a period of 5 months.
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About the Company
Marine Electricals (India) Limited is a leading provider of electrical automation and information technology solutions for the marine and industrial sectors. With over 40 years of experience, the company offers a comprehensive range of products and services, including switchgear, control gears, integrated platform management systems, power generation and distribution, marine lights, motors, NavCom solutions and low and medium-voltage power distribution solutions for various industries. Marine Electricals is committed to providing high-quality, reliable and innovative solutions while supporting the 'Make in India' initiative.
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In Q1FY26 results, the company reported net sales of Rs 167 crore and net profit of Rs 12 crore. The company has a market cap of over Rs 2,400 crore and the stock is up by 27.4 per cent from its 52-week low of Rs 138.90 per share.
Disclaimer: The article is for informational purposes only and not investment advice.