Marine Electricals (India) Share Price Prediction 2027: Scenario Targets, Valuation and Technical Outlook
- October 9, 2026
- Posted by: Lakshit Sharma
- Category: Market
CMP Rs 453.95 (9 Oct 2026). 52W range Rs 150.86 to Rs 490.85. PE 98.18. 2027 base Rs 545, bull Rs 567.
Quick Answer
The Marine Electricals (India) share price forecast for 2027 centres on a conservative case of Rs 522, a base case of Rs 545 and a bull case of Rs 567, against a current price of Rs 453.95. These targets scale today’s price by reported EPS growth at a constant PE multiple, so they rest on earnings the company has already delivered, not on broker forecasts. The base case implies 20.1% upside from today’s price. The daily technical setup reads bullish.
Marine Electricals (India) share price prediction 2027 comes down to earnings growth and the multiple investors pay for it, and the reported numbers give a measured answer. The stock trades at Rs 453.95 on NSE as of 9 October 2026, 7.5% below its 52-week high of Rs 490.85, after the company reported net profit of Rs 58.62 crore for FY26.
This Marine Electricals (India) stock forecast 2027 builds conservative, base and bull scenarios from exchange-reported financials, shareholding data and daily price indicators, with every assumption shown.
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Marine Electricals (India) Share Price Today and Key Data
The Marine Electricals (India) share price today is Rs 453.95 on NSE, up 0.30% on the day. The market capitalisation stands at Rs 6,334 crore. Over the past year the price has risen 117.6% from Rs 208.57. Every Marine Electricals (India) stock forecast figure below starts from this price.
| Metric | Value |
|---|---|
| Company | Marine Electricals (India) (MARINE) |
| Current Price | Rs 453.95 |
| 52-Week High | Rs 490.85 (7 October 2026) |
| 52-Week Low | Rs 150.86 (30 March 2026) |
| Market Cap | Rs 6,334 crore |
| PE Ratio | 98.18 |
| Industry PE | 47.09 |
| PB Ratio | 12.94 |
| EPS (TTM) | Rs 4.61 |
| Return on Equity | 11.84% |
| Debt to Equity | 0.18 |
| Dividend Yield | 0.07% |
| Book Value per Share | Rs 34.98 |
What Is the Marine Electricals (India) Share Price Prediction for 2027?
The Marine Electricals (India) share price prediction for 2027 is a conservative case of Rs 522, a base case of Rs 545 and a bull case of Rs 567. Against Rs 453.95, these imply 15.0% upside, 20.1% upside and 24.9% upside. They are model scenarios built from reported EPS growth, not broker targets.
| Scenario | EPS Growth Basis | EPS Estimate | PE Multiple | Implied Value | Upside vs Current Price |
|---|---|---|---|---|---|
| Conservative Case | Lower of FY26 growth (50.2%) and 4-year CAGR (41.3%) (capped at 15%) | Rs 5.30 (+15.0%) | Unchanged from today (price to EPS ratio kept constant) | Rs 522 | +15.0% |
| Base Case | Average of the two (capped at 20%) | Rs 5.53 (+20.0%) | Unchanged from today (price to EPS ratio kept constant) | Rs 545 | +20.1% |
| Bull Case | Higher of the two (capped at 25%) | Rs 5.76 (+25.0%) | Unchanged from today (price to EPS ratio kept constant) | Rs 567 | +24.9% |
Each target takes today’s price of Rs 453.95 and scales it by the EPS growth assumed for that case, which is the same as holding the PE multiple constant. The conservative case uses the lower of the FY26 EPS growth and the 4-year EPS CAGR, the base case uses their average and the bull case uses the higher figure. Together they form the Marine Electricals (India) target price range for the FY27 outlook over the next 12 months, and the range is not a point estimate.
Marine Electricals (India) Share Price Forecast: What Has to Go Right by 2027
Each Marine Electricals (India) target price below depends on a specific EPS outcome, and the text states that outcome next to the number.
Conservative Case for the Marine Electricals (India) Share Price Target: Rs 522
Reaching Rs 522 needs EPS to rise 15.0% to Rs 5.30 while the stock keeps its current PE multiple. That follows the slower 4-year EPS CAGR of 41.3%.
Base Case for the Marine Electricals (India) Share Price Target: Rs 545
Reaching Rs 545 needs EPS to rise 20.0% to Rs 5.53, the average of the FY26 growth rate and the 4-year CAGR. Net profit growth of 50.9% in Q1 FY27 is at or above that pace, which supports the target.
Bull Case for the Marine Electricals (India) Share Price Target: Rs 567
Reaching Rs 567 needs EPS to rise 25.0% to Rs 5.76 with the PE multiple held at today’s level. That is above the 52-week high of Rs 490.85, so it would need a fresh breakout. A daily close above the nearest resistance level of Rs 490.85 (52-week high) would be the first technical confirmation.
Marine Electricals (India) Financial Performance: Revenue, Profit and Margins
Marine Electricals (India) earned net profit of Rs 58.62 crore on revenue of Rs 893.22 crore in FY26, with profit up 53.8% and revenue up 14.5% compared with FY25. Diluted EPS was Rs 4.22 against Rs 2.81 a year earlier, and that earnings base anchors the Marine Electricals (India) share price forecast.
| Year | Revenue (Rs Cr) | Net Profit (Rs Cr) | EPS (Rs) | Operating Margin | Net Margin |
|---|---|---|---|---|---|
| FY22 | 381.18 | 13.28 | 1.06 | 9.58% | 3.48% |
| FY23 | 447.38 | 16.80 | 1.36 | 9.73% | 3.76% |
| FY24 | 629.27 | 25.76 | 2.02 | 9.49% | 4.09% |
| FY25 | 780.41 | 38.11 | 2.81 | 10.70% | 4.88% |
| FY26 | 893.22 | 58.62 | 4.22 | 12.49% | 6.56% |
In the latest reported quarter, Q1 FY27 (quarter ended June 2026), revenue was Rs 263.46 crore against Rs 172.17 crore a year earlier (+53.0%), and the bottom line was a net profit of Rs 17.51 crore against a net profit of Rs 11.60 crore (+50.9%). Operating margin was 12.54% versus 13.24% in the year-ago quarter. Cash flow from operations was Rs -16.06 crore in FY26 against Rs 55.44 crore in FY25. Together these figures set the earnings base for the Marine Electricals (India) share price prediction.
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Is Marine Electricals (India) Overvalued or Undervalued Right Now?
Marine Electricals (India) trades at a PE of 98.18 against an industry PE of 47.09, which places the stock at a 108.5% premium to the industry average. The price-to-book ratio is 12.94 on a book value of Rs 34.98 per share. Return on equity of 11.84% means the company earns Rs 11.84 of profit for every Rs 100 of shareholder equity.
Debt to equity is 0.18, so borrowings equal about 18% of shareholder equity. The company declared a dividend of Rs 0.30 per share for FY26, a yield of 0.07% at the current price. This valuation context frames the Marine Electricals (India) stock price prediction for 2027 without relying on any outside forecast.
Marine Electricals (India) Stock Analysis: Technical Outlook
Marine Electricals (India) stock trades above its 50-day SMA of Rs 389.94 and above its 200-day EMA of Rs 292.15, and the combined daily indicators read bullish. The 52-week high of Rs 490.85 was set on 7 October 2026, while the 52-week low of Rs 150.86 came on 30 March 2026.
| Indicator | Reading | Signal |
|---|---|---|
| RSI (14) | 68.62 | Positive momentum |
| MACD (12,26,9) | 21.46 vs signal 19.32 | Bullish |
| ADX (14) | 31.26 | Established trend |
| Supertrend (10,3) | Price above Rs 389.97 | Bullish |
| 50-day SMA | Rs 389.94 | Price above |
| 200-day EMA | Rs 292.15 | Price above |
The nearest support level sits at Rs 389.97 (Supertrend) and Rs 389.94 (50-day SMA). The nearest resistance level sits at Rs 490.85 (52-week high). A sustained move above the nearest resistance would support the Marine Electricals (India) share price prediction 2027 base case, and this Marine Electricals (India) stock analysis uses daily candles only. Chart signals add context to the Marine Electricals (India) share price target without changing the earnings maths.
Marine Electricals (India) Shareholding Pattern
Promoters hold 68.20% of Marine Electricals (India) as of Jun 2026, down from 68.46% in Sep 2025 across the last 5 quarters. FII holding is 1.12% (up from 0.18% in Sep 2025) and DII holding is 0.41% (up from 0.00% in Sep 2025), which puts combined institutional holding at 1.53%. Public shareholders own 30.27%. Shareholding data is one input for any Marine Electricals (India) stock forecast.
Key Risks to the Marine Electricals (India) Share Price Target for 2027
Earnings and Margin Risk
Operating margin has ranged from 9.49% to 12.49% between FY22 and FY26, so a slip toward the lower end would trim the EPS estimate behind the Marine Electricals (India) stock forecast. Revenue was up 14.5% in FY26, and slower revenue growth would weigh on the profit path.
Valuation Risk
The PE of 98.18 is 108.5% above the industry PE of 47.09. Every target here holds the multiple constant, so a narrowing of that premium would leave returns below these targets even if earnings grow as assumed.
Size and Liquidity Risk
Market capitalisation stands at Rs 6,334 crore. Investors should check daily traded volumes and order book depth on NSE before sizing a position, because price moves can be sharper when volumes thin out. Liquidity is a practical constraint on any Marine Electricals (India) stock price target.
Balance Sheet Risk
Debt to equity of 0.18 means borrowings stand at about 18% of shareholder equity. A rise in borrowing costs or a jump in debt would weigh on profit and on the multiple behind the Marine Electricals (India) share price forecast.
Conclusion
This Marine Electricals (India) stock analysis puts the share price target range for 2027 at Rs 522 to Rs 567, with a base case of Rs 545 against Rs 453.95 today. The inputs are a PE of 98.18 that sits at a 108.5% premium to the industry average, EPS growth of 50.2% in FY26 and a daily technical setup that reads bullish. The next quarterly result will show which scenario is gaining ground. This analysis is educational, so consult a SEBI-registered advisor before acting on it.
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Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions on Marine Electricals (India) Share Price Prediction 2027
What is the Marine Electricals (India) share price target for 2027?
Ans. The Marine Electricals (India) share price forecast for 2027 has a conservative case of Rs 522, a base case of Rs 545 and a bull case of Rs 567. These are model scenarios based on reported EPS growth, and they are not guaranteed outcomes.
What is the Marine Electricals (India) share price today?
Ans. Marine Electricals (India) trades at Rs 453.95 on NSE as of 9 October 2026, up 0.30% on the day. The 52-week range is Rs 150.86 to Rs 490.85.
Is Marine Electricals (India) a good stock to buy for 2027?
Ans. The data points in different directions: the PE of 98.18 is at a 108.5% premium to the industry average, EPS grew 50.2% in FY26 and the daily technical setup reads bullish. This article does not constitute investment advice, so consult a SEBI-registered advisor before deciding.
Can Marine Electricals (India) stock reach Rs 567 in 2027?
Ans. Reaching Rs 567 needs EPS to rise 25.0% from Rs 4.61 with the PE multiple held at today’s level, plus a daily close above Rs 490.85 (52-week high). This is a scenario, not a guarantee.
What are the support and resistance levels for Marine Electricals (India)?
Ans. The nearest support levels are Rs 389.97 (Supertrend) and Rs 389.94 (50-day SMA), and the nearest resistance levels are Rs 490.85 (52-week high).
What are the main risks for Marine Electricals (India) stock in 2027?
Ans. The main risks to the Marine Electricals (India) share price forecast are a fall in operating margin from the 9.49% to 12.49% range seen since FY22, slower revenue growth after FY26 revenue was up 14.5%, and thin trading volumes. Debt to equity of 0.18 adds balance sheet sensitivity.
How is the Marine Electricals (India) target price for 2027 calculated?
Ans. Each target scales the current price by assumed EPS growth at a constant PE multiple. The conservative case uses 15.0% growth, the base case 20.0% and the bull case 25.0%, all drawn from the company’s reported FY26 and 4-year EPS growth.