Marine Electricals | Business Upturn

Marine Electricals secures Rs 208.72 crore orders from Adani Infra and Udupi Cochin Shipyard

Arunika Jain — Mon, 18 May 2026 07:17:52 +0000

Marine Electricals (India) has announced the acquisition of significant orders amounting to ₹208.72 crores, excluding taxes. These orders come from two prominent clients, Adani Infra (India) Limited and Udupi Cochin Shipyard Limited.

The first order, secured from Adani Infra, involves the supply of a power distribution system. The delivery of this system is scheduled to occur over a period of 12 to 14 months. This contract highlights Marine Electricals‘ continued partnership with Adani Infra, showcasing its capability in providing essential electrical solutions.

The second order is from Udupi Cochin Shipyard, which requires the supply of an Alarm Monitoring System. The delivery timeline for this system extends over 24 months, indicating a long-term engagement with the shipyard. This order underscores Marine Electricals’ expertise in delivering critical monitoring systems for the maritime industry.

Marine Electricals has clarified that none of its promoters or promoter group have any interest in these contracts, and they do not constitute related party transactions. This disclosure aligns with the company’s commitment to maintaining transparency and adhering to good corporate governance practices.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Marine Electricals secures Rs 70.86 crore in new orders

Kinjal — Mon, 27 Apr 2026 09:55:16 +0000

Marine Electricals (India) has announced the acquisition of orders worth approximately ₹70.86 crore, excluding taxes. These orders, detailed in the company’s latest disclosure, include significant contracts from Princeton Digital Group (India) Management Private Limited and C Torq Marine Services L.L.C.

The order from Princeton Digital Group (India) Management Private Limited involves the supply of a power distribution system. The delivery of these goods is scheduled to occur over a period of 7 to 9 months. Importantly, the company clarified that none of its promoters or promoter group have any interest in this contract, and it does not constitute a related party transaction.

In contrast, the order from C Torq Marine Services L.L.C, which requires the supply of panels, is classified as a related party transaction. The delivery for this order is expected to span 21 months. Marine Electricals emphasised that this disclosure aligns with its commitment to good corporate governance.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Marine Electricals secures orders worth Rs 16.90 crore

Kinjal — Thu, 16 Apr 2026 08:39:51 +0000

Marine Electricals (India) has announced the acquisition of new orders totalling ₹16.90 crore, excluding taxes. The orders encompass a range of electrical equipment supplies to prominent infrastructure and shipyard companies.

The first order, from Afcons Infrastructure, involves the supply of a power distribution system. The delivery of these goods is scheduled over a period of six to eight months.

Another significant order comes from Knowledge Shipyard Private Limited, which requires the supply of switchboards and electrical equipment. The delivery for this order is expected to be completed within four to five months.

Additionally, Marine Electricals has secured an order from Udupi Cochin Shipyard Limited for the supply of a diesel generator. The delivery for this contract is projected to span 22 months.

The company clarified that none of the promoters or promoter group have any interest in these contracts, and they do not constitute related party transactions. This disclosure is part of Marine Electricals’ commitment to good corporate governance.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Marine Electricals inaugurates and operationalises Vadodara plant

Yash Agarwal — Wed, 15 Apr 2026 06:57:17 +0000

Marine Electricals has successfully inaugurated and operationalised its new plant located in Vadodara, Gujarat, enhancing its manufacturing capabilities. The facility, situated at Industrial Premises, Plot No. 627, GIDC Savli, Manjusar, spans approximately 51,000 square feet. This expansion significantly increases the company’s assembly shopfloor space by 25%, bolstering its ability to meet rising customer demand and ensure timely product delivery.

The Vadodara plant’s operationalisation marks a strategic move for Marine Electricals, allowing the company to better serve its customers in the surrounding region. By expanding its infrastructure, the company is well-positioned to cater to increased demand and maintain its commitment to delivering high-quality products efficiently.

Marine Electricals has completed all necessary compliances for the Vadodara plant, demonstrating its dedication to good corporate governance. The company has communicated this development to the National Stock Exchange of India as part of its regulatory obligations.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Marine Electricals secures Rs 115 crore order from Larsen & Toubro

Arunika Jain — Mon, 06 Apr 2026 09:31:58 +0000

Marine Electricals (India) Limited has announced the acquisition of significant orders worth ₹115 crores from Larsen & Toubro Limited. The orders are for the supply, installation, testing, and commissioning of LT boards and branch panels for Tata Semiconductor Manufacturing Private Limited’s facility in Dholera. The delivery of these goods is expected to be completed over a span of 18 months.

The company has clarified that none of the promoters or the promoter group have any interest in this contract, and it does not qualify as a related party transaction. This disclosure is part of Marine Electricals‘ commitment to maintaining good corporate governance.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Marine Electricals secures Rs 7.91 crore order from STT Global Data Centres

Arunika Jain — Tue, 24 Mar 2026 04:51:14 +0000

Marine Electricals (India) has announced the acquisition of orders worth ₹7.91 crore from STT Global Data Centres India. The orders involve the supply of a power distribution system, with delivery expected within 6-9 months.

The company clarified that the promoters or promoter group have no interest in this order, and it does not qualify as a related party transaction. This disclosure aligns with the company’s commitment to good corporate governance.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Marine Electricals secures Rs 9 crore order from Synergy Shipbuilders

Yash Agarwal — Mon, 23 Mar 2026 08:12:25 +0000

Marine Electricals (India) has announced a significant order win valued at ₹9 crore from Synergy Shipbuilders N Dock Works. The order involves the supply of a power distribution system, with delivery scheduled over the next 6-7 months.

The company has clarified that the order does not involve any related party transactions, and none of the promoters or promoter group have any vested interest in this contract. This disclosure aligns with the company’s commitment to maintaining good corporate governance.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Marine Electricals secures Rs 17.12 crore order from Princeton Digital Group

Business Desk — Mon, 16 Mar 2026 10:04:54 +0000

Marine Electricals (India) Limited has secured orders worth ₹17.12 crores from Princeton Digital Group (India) Management Private Limited for power distribution systems.

The orders involve the supply, installation, testing, and commissioning of power distribution systems. The delivery is scheduled to be completed over a period of 7-8 months. The company clarified that the order does not involve any related party transactions, ensuring adherence to corporate governance standards.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

This article is written by Business Desk and reviewed by Aman Shukla before publication.

Marine Electricals wins Rs 27.21 crore order from Princeton Digital Group for power distribution system

Business Desk — Tue, 10 Mar 2026 05:03:56 +0000

Marine Electricals (India) Limited has secured orders worth ₹27.21 crore (excluding taxes) from Princeton Digital Group (India) Management Private Limited. The contract covers the supply, installation, testing, and commissioning of power distribution systems.

The company announced that delivery of the project is scheduled to be completed over a period of six months. The order was disclosed as part of the company’s regulatory obligations under SEBI listing norms.

Marine Electricals clarified that none of the promoters or promoter group entities have any interest in the project. The company also confirmed that the order does not fall within the ambit of related party transactions, with the disclosure made as part of good corporate governance practices.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

This article is written by Business Desk and reviewed by Aman Shukla before publication.

Marine Electricals bags Rs 19.09 crore order from Crescon Projects & Services

Aman Shukla — Tue, 17 Feb 2026 05:33:31 +0000

Marine Electricals (India) Limited has announced the receipt of fresh orders worth ₹19.09 crore (excluding taxes) from Crescon Projects & Services Private Limited for the supply of power distribution units. The development reflects continued order inflow momentum for the company in the electrical engineering and power solutions segment.

According to the official disclosure, the contract involves the supply of power distribution units, with execution and delivery scheduled over a period of 12 months. The order strengthens Marine Electricals’ presence in the power distribution and infrastructure solutions space, where demand remains steady across industrial and commercial projects.

The company clarified that none of the promoter or promoter group entities have any interest in the awarded contract. It further stated that the order does not fall within the ambit of related party transactions. The disclosure has been made as part of good corporate governance practices and regulatory compliance requirements.

Marine Electricals (India) Limited operates in the field of electrical and automation solutions, offering products and services across marine, industrial, and infrastructure sectors. Order wins of this scale enhance revenue visibility and provide execution pipeline support over the coming quarters.

Marine Electricals bags Rs. 19.35 crore order from STT Global Data Centres

Aman Shukla — Mon, 11 Aug 2025 05:44:14 +0000

Marine Electricals (India) Limited has secured a significant new order worth Rs. 19.35 crores (excluding taxes) from STT Global Data Centres India Private Limited.

The order involves the supply, installation, testing, and commissioning of a power distribution system for STT’s Pune DC05 and Noida DC02 data center projects. The delivery timeline for this order is planned over the next 6 to 8 months.

Importantly, the company has clarified that none of the promoters or promoter group members have any interest in this contract, confirming that it does not qualify as a related party transaction. This update has been shared in the spirit of transparent and responsible corporate governance.

Marine Electricals secures orders worth Rs 14.33 crore from leading Indian firms

Aman Shukla — Mon, 07 Jul 2025 08:05:54 +0000

Marine Electricals (India) Limited has announced that it has secured multiple orders with a total value of ₹14.33 crore (excluding taxes), marking another milestone in the company’s growth trajectory.

Breakdown of Orders

Garden Reach Shipbuilders & Engineers Limited
Marine Electricals has received an order for the supply of Remote-Controlled Valves with actuators for a multi-purpose vessel project. The delivery for this project is scheduled to take place over the next 12 months.
Afcons Infrastructure Limited
The company has also bagged a contract for the supply of a Power Distribution System, with delivery planned within 6 months.
Core GreenTech LLP
A similar order for a Power Distribution System has been awarded by Core GreenTech LLP, also with a 6-month delivery timeline.

Marine Electricals clarified that none of the company’s promoters or promoter group members have any interest in the aforementioned contracts.

Marine Electricals shares rise over 3% after company secures Rs 60.44 crore in new orders

Aditya Bhagchandani — Thu, 12 Jun 2025 04:26:26 +0000

Shares of Marine Electricals (India) Ltd surged 3.48% to Rs 239.07 in early trade on June 12 after the company announced it had secured fresh orders worth Rs 60.44 crore (excluding taxes), as per a stock exchange filing.

The orders span three different clients and involve power distribution system projects:

From ACG Universal Capsules Pvt Ltd, for supply, installation, testing, and commissioning of a power distribution system, with a delivery timeline of 6–7 months.
From Agratas Energy Storage Solutions Pvt Ltd, for supply and supervision during installation, testing, and commissioning of a similar system, also to be executed over 6–7 months.
From DC Development Hyderabad Ltd, for testing and commissioning work, to be delivered within 3 months.

The company clarified that these orders do not involve any related-party transactions and are part of its regular business expansion efforts.

As of 9:51 AM IST, the stock was trading at Rs 239.07, up Rs 8.05 from the previous close of Rs 231.02, with a market cap of Rs 31.39 billion.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.

Marine Electricals bags Rs 30.50 crore order from Mazagon Dock for MPV project

Aman Shukla — Fri, 02 May 2025 06:56:52 +0000

Marine Electricals (India) Limited, a key player in the electrical equipment industry, has recently informed exchanges that the company secured an order worth Rs. 30.50 Crore (excluding taxes) from Mazagon Dock Shipbuilders Limited. This significant order pertains to the supply of electrical equipment and Automated Machinery Control Systems (AMCS) for the MPV (Multi-Purpose Vessel) Project.

The contract involves the delivery of electrical equipment and AMCS over a period of 27 months. This extended delivery schedule reflects the complexity and scope of the work required for the MPV Project, underscoring Marine Electricals’ capability to manage long-term projects effectively.

In the exchange filing, the company shared, “Marine Electricals (India) Limited has received order amounting to Rs. 30.50Cr (Excluding of Taxes) from Mazagon Dock Shipbuilders Limited for supply of electrical equipment and AMCS for MPV Project the delivery shall be over a period of 27 months.”

The company has emphasized that no promoter or promoter group has any interest in this order, ensuring transparency and aligning with good corporate governance practices. The contract is not categorized as a related party transaction, further ensuring clarity and integrity in business dealings.

Marine Electricals and Danfoss India join forces to electrify India’s maritime future

Aman Shukla — Tue, 04 Mar 2025 09:19:29 +0000

Danfoss India has partnered with Marine Electricals (India) Limited to accelerate marine electrification and strengthen India’s maritime defense sector. As an official partner and system integrator for Danfoss Marine Products and Solutions, Marine Electricals brings its extensive expertise in electrical and automation solutions to the collaboration.

With over a decade of successful cooperation, this strategic alliance aims to drive sustainability, energy efficiency, and innovation in the maritime industry. As India invests heavily in maritime development, backed by a ₹25,000 crore Maritime Development Fund, the sector is poised for significant growth. The country targets carrying 20% of global cargo by 2047 and attracting ₹1.5 lakh crore in investments, positioning itself as a global maritime hub.

Danfoss India, a leader in sustainable technologies, continues to expand its presence in marine electrification. This partnership will support shipbuilders, port operators, and the defense sector in adopting clean energy solutions, reducing emissions, and improving operational efficiency.

Vinay Uchil, Chairman & Executive Director, Marine Electricals (India) Limited, stated, “We are thrilled to partner with Danfoss India, to bring advanced marine electrification solutions to the Indian market. Being a leading expert in electrical and automation solutions, Marine Electricals strategically partnered with Danfoss India to leverage our world-class expertise in marine electrification, driving enhanced efficiency and sustainability in the maritime sector.”

By integrating Danfoss’ cutting-edge marine solutions with Marine Electricals’ technical expertise, the partnership will play a crucial role in India’s maritime transformation.

Marine Electricals secures Rs 37.92 crore order from DC Development Noida for LV skid systems

Aditya Bhagchandani — Fri, 31 Jan 2025 08:35:43 +0000

Marine Electricals (India) Limited announced that it has received an order worth Rs 37.92 crore (excluding taxes) from DC Development Noida Limited for the design, manufacture, and supply of low-voltage (LV) skid systems. The delivery of the order will be completed over a period of 10 months.

Order details:

Project scope: Design, manufacture, and supply of LV skid systems.
Order value: Rs 37.92 crore (excluding taxes).
Delivery timeline: 10 months.

Marine Electricals clarified that the order is not a related party transaction and that none of the promoters or the promoter group has any interest in the contract. The company emphasized that this disclosure is part of its commitment to good corporate governance.

This order is expected to enhance the company’s revenue pipeline while reinforcing its position as a key player in the electrical and automation solutions industry.