Marine Electricals (India) Ltd. Stock Analysis MARINE.NS

Marine Electricals (India) Ltd. engages in the business of providing integrated electrical and automation solution. The company is headquartered in Mumbai, Maharashtra and currently employs 622 full-time employees. The company went IPO on 2018-10-11. The company is engaged in the manufacturing and sale of all types of marine and industrial electrical and electronic components like switch-gears and control-gears. The company is also engaged in the renewable energy sector, specifically solar. The company also provides services like designing and fabricating for all types of electrical and electronic installations in India and abroad and undertakes annual maintenance contracts. The company operates through two segments : Marine, which provides products and services for navigational equipment in new ship building, and Industry, which provides products and services for power distribution and solutions for industries like data centers, industrial and large buildings. Its flagship offerings include Integrated Bridge Systems, Integrated Monitoring and Control Systems, and Data Distribution Solutions.