Marine Electricals (India) (MARINE) Investor presentation summary

Q1 FY27 performance

• Revenue from operations Rs 259 Cr, up 55% YoY; total income Rs 263.5 Cr, up 53%.

• EBITDA Rs 32.5 Cr, up 47% YoY; margin 12.3% vs 12.8% in Q1FY26; EBITDA includes other income.

• PAT Rs 17.5 Cr, up 51% YoY; EPS Rs 1.23 vs Rs 0.83.

• Marine revenue grew 30% YoY and Industry revenue 77% in Q1FY27.

Order book and execution

• Order backlog Rs 2,073 Cr as of 30 June 2026, up 201% YoY, supporting ~8–24 months of revenue visibility.

• New orders of Rs 784 Cr secured in Q1FY27; Industry accounted for 65% of backlog, led by data centres and industrial infrastructure.

• Major contracts secured through July expanded the execution pipeline; focus remains on timely delivery.

• Backlog reached 5.8x the FY22 baseline of Rs 356 Cr by June 2026.

Business mix and positioning

• Defence and Marine solutions include naval and commercial vessel electrical systems; stated naval-segment market share is ~50%.

• Industry portfolio spans LV and MV switchgear up to 33 kV, bus ducts, building management and energy management systems.

• Data-centre presence includes repeat orders from Adani Connex, Web Werks, STT, Bridge Data Centres, Netmagic and PDG; Equinix and BAM-DLR are identified as global entrants.

• Bijlify offers in-house AC and DC charging solutions, from 3.3 kW to 240 kW, with app and charge-point management software.