Marsons Limited

NSE: MARSONS · Heavy Electrical Equipment · sector

₹117.40NSE close 2026-10-26

Key numbers

Market cap₹2,020 cr

Price₹117.40

52w high / low₹175 / ₹100

P/E43.6xSector median 27.8x

P/B9.3xSector median 5.4x

Book value₹12.6

Dividend yield0.04%Sector median 0.19%

ROE21.3%Sector median 18.8%

ROCE20.0%Sector median 21.4%

OPM17.2%Sector median 15.1%

Debt / equity0.00xSector median 0.09x

EV/EBITDA47.5xSector median 21.4x

Interest cover32.0x

Current ratio2.66x

Sales growth 3y–Sector median +22.1%

Profit growth 3y–Sector median +27.5%

PEG–

Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 43 companies in Heavy Electrical Equipment (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹11 cr vs borrowings ₹1 cr (FY26): cash is higher (net cash).
Operating profit covered interest 32.0x in the last 12 months.
Other income was 4% of net profit in the last 12 months.
Dividend paid in 1 of the last 1 financial years.
Price ₹117.40 on 2026-10-26: -33.1% from the 52-week high, +17.1% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹332.70 · low ₹103.16

Quarterly results

₹ cr	Mar 2026	Jun 2026
Revenue	93	49
EBITDA	19	7
OPM %	20.6%	14.7%
Other income	0	1
Net profit	23	6
EPS (₹)	1.31	0.34

Consolidated figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY26	TTM
Revenue	245	245
EBITDA	42	42
Net profit	46	46
EPS (₹)	2.69	2.69
Dividend / share (₹)	0.05

Compounded growth	3 years	5 years	Last 12 months
Sales	–	–	–
Net profit	–	–	–
EPS	–	–	–
Share price	–	– (2y)	–

Balance sheet

₹ cr	FY26
Shareholders' equity	218
Borrowings	1
Cash & equivalents	11
Total assets	291
Fixed assets	65
Capital work in progress	0
Investments	25
Receivables	107
Inventory	58
Payables	56

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY26
Cash from operations	2
Cash from investing	12
Cash from financing	-4
Capex	2
Free cash flow	-0

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY26
ROE %	21.3%
ROCE %	20.0%
Debtor days	160
Inventory days	111
Payable days	107
Cash conversion cycle (days)	164
Working capital days	179

Shareholding

Holder	% (2026-09-30)
Promoters	53.65%
FIIs	1.06%
DIIs	0.18%
Public (non-institutions)	45.11%

Quarter	Mar 2026	Mar 2026	Jun 2026	Sep 2026
Promoters %	53.65%	53.65%	53.65%	53.65%

Promoter group	%
Yashoda INN Private Limited	53.65%

Public holders above 1%	%
Anupriya Consultants PVT Ltd	5.35%
JMS Mines & Minerals Private Limited	4.36%
Bagrrys Holding Limited	1.86%
Citadel Securities India Markets PVT Ltd	1.41%
PSL Limited	1.22%
Vivek Kumar Singhal	1.16%
MKJ Enterprises Limited	1.05%

31,451 shareholders. Pledged: – of promoter shares.

Peers in Heavy Electrical Equipment

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
BHEL	₹1,37,384 cr	47.7x	5.1x	11.2%	13.5%	10.1%	+13.1%	0.12%
ABB	₹1,34,715 cr	45.1x	14.4x	36.1%	22.4%	14.0%	–	–
CGPOWER	₹1,31,237 cr	104.9x	16.5x	16.5%	21.3%	12.5%	+30.7%	0.16%
POWERINDIA	₹1,19,751 cr	104.0x	23.1x	24.5%	29.9%	14.9%	+22.2%	0.02%
SIEMENS	₹1,16,725 cr	35.6x	8.4x	25.0%	14.2%	10.0%	+41.0%	0.37%
ENRIN	₹98,074 cr	65.9x	20.4x	34.3%	42.0%	20.9%	–	0.14%
GVT&D	₹97,043 cr	74.3x	36.1x	58.5%	65.5%	25.2%	+30.8%	0.13%
SUZLON	₹51,051 cr	16.3x	5.4x	40.4%	29.2%	17.7%	+41.0%	–
THERMAX	₹35,902 cr	60.5x	6.5x	11.3%	12.5%	8.6%	+9.8%	0.44%
MARSONS	₹2,020 cr	43.6x	9.3x	21.3%	20.0%	17.2%	–	0.04%

All 43 companies in Heavy Electrical Equipment →

Dividends & corporate actions

Ex-date	Action	Detail
2025-12-03	Dividend	Interim Dividend Rs 0.05
2012-12-06	Dividend	Dividend Rs 0.1
2011-09-21	Dividend	Dividend Rs 0.5
2010-09-21	Dividend	Dividend Rs 0.5

Documents

Links go to the original files on the exchange website.

About the company

Manufacturing of Electrical Transformers: Sale/Manufacture of Distribution & Power Transformers and allied products & services in the Power Sector.


Sector	Industrials
Industry	Heavy Electrical Equipment
Sub-industry	Heavy Electrical Equipment
Symbol	MARSONS
BSE code	517467
ISIN	INE415B01044
Face value	₹1.0
Incorporated	1976-08-26
Website	www.marsonsonline.com
Plants (India / abroad)	1 / 0

From the company's filings (BRSR FY26).

Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.