MARINE

- Q1 FY27 Consolidated Revenue ₹259Cr vs ₹167Cr (▲55% YoY) - EBITDA ₹33Cr vs ₹22Cr (▲47% YoY) - PAT ₹18Cr vs ₹12Cr (▲51% YoY) - EBITDA Margin 12.74% vs 13.17% (▼43bps)

- Q1 FY27 Consolidated Revenue ₹259.16Cr vs ₹166.98Cr (▲55.20% YoY) - EBITDA ₹28.22Cr vs ₹16.91Cr (▲66.71% YoY) - PAT ₹17.51Cr vs ₹11.60Cr (▲50.99% YoY) - EBITDA Margin 10.89% vs 10.13% (▲76bps) - Final dividend of ₹0.30 per share (15%) recommended for FY26. - Record date for dividend fixed as September 11, 2026. - 19th Annual General Meeting to be held on September 30, 2026. - Approved direct listing of equity shares on the Main Board of BSE Limited. - Company sold 70% stake in MEL Shipyard Private Limited, reducing it from a subsidiary to an associate. - Auditor's Emphasis of Matter: Subsidiary Eltech Engineers Madras Private Limited has accumulated losses and eroded net worth, raising material uncertainty about its ability to continue as a going concern.

- Q1 FY27 Consolidated Revenue ₹259.16 Cr vs ₹166.98 Cr (▲55.21% YoY) - EBITDA ₹24.59 Cr vs ₹16.91 Cr (▲45.36% YoY) - PAT ₹17.51 Cr vs ₹11.60 Cr (▲50.99% YoY) - EBITDA Margin 9.49% vs 10.13% (▼64bps) - The Board recommended a final dividend of ₹0.30 per share (15%) for FY26, with a record date of September 11, 2026. - The company approved a change in the object of utilization for ₹149.22 Cr funds from a preferential allotment, subject to shareholder approval. - Approval for direct listing of equity shares on the Main Board of BSE Limited, subject to regulatory approvals. - The company sold a 70% stake in its wholly-owned subsidiary, MEL Shipyard Private Limited, reducing its shareholding to 30% and making it an associate. - Auditors highlighted a material uncertainty regarding a subsidiary, Eltech Engineers Madras Private Limited's, ability to continue as a going concern due to accumulated losses and eroded net worth, although the parent committed support.

- Board of Directors approved the reconstitution of the Audit Committee, effective August 11, 2026. - Ms. Venkata Archana Rajagopalan (Independent Director) is the Chairperson. - Mr. Vikas Jaywant (Independent Director) and Mr. Venkatesh Uchil (Managing Director) are Members.

- Marine Electricals (India) Limited appointed Mr. Shanmugam Nagarajan as an Additional Director (Non-Executive Independent Director) for a 3-year term, effective August 10, 2026, subject to shareholder approval.

- Marine Electricals (India) Limited responded to a National Stock Exchange query dated August 10, 2026, regarding significant movement in volume on the exchanges. - The company confirmed that there is no undisclosed price-sensitive information or any impending announcement/corporate action that needs to be informed to the exchange at this time.

- Order Win: Marine Electricals (India) Limited received orders from Princeton Digital Group (India) Management Private Limited. - Order Value: ₹141.74 crores (excluding taxes). - Completion Timeline: 10 months. - Details: Orders pertain to the supply, installation, testing, and commissioning of power distribution systems.

- ICRA Limited upgraded the credit ratings for Marine Electricals (India) Limited on July 23, 2026. - Long-term ratings for cash credit were upgraded to [ICRA]A- (Stable) from [ICRA]BBB+(Stable). - Short-term ratings for interchangeable facilities and bank guarantees were upgraded to [ICRA]A2+ from [ICRA]A2. - The total rated amount for various instruments is ₹419.50 Cr.

- Order Win: Marine Electricals (India) Limited secured orders from SIEMENS Limited, Titagarh Naval Systems Limited, and Princeton Digital Group. - Order Value: ₹376.22 crores (approx) excluding taxes. - Completion Timeline: 21 months for the SIEMENS order, and 8-10 months for orders from Titagarh Naval Systems and Princeton Digital Group.

- Board of Directors approved the reconstitution of the Nomination and Remuneration Committee. - Board of Directors approved the reconstitution of the Stakeholders' Relationship Committee. - Board of Directors approved the reconstitution of the Risk Management Committee.

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- Company observed a potential cybersecurity incident (widespread firewall attack). - Independent firm engaged to identify the root cause; no material impact on business continuity or operations. - Risk of data loss is considered remote but cannot be completely eliminated.

- Trading Window closed from July 1, 2026, until 48 hours after declaration of Unaudited Financial Results for the quarter ended June 30, 2026. - The date of the Board Meeting for considering these results will be intimated later.

- Order Win: Marine Electricals (India) Limited received orders from STT Global Data Centres India Private Limited and Princeton Digital Group (India) Management Private Limited for the supply of Power Distribution System. - Order Value: ₹75.19 Crores (Approx) Excluding Taxes. - Completion Timeline: Delivery of goods for both orders shall be made over a period of 12-18 months.

- Order Win: Marine Electricals (India) Limited received new orders - Order Value: ₹76.38 Crores (excluding taxes) - Details: Orders from STT Global Data Centres India Private Limited and Deepak Chem Tech Limited for supply, installation, testing, and commissioning of power distribution systems. - Completion Timeline: 12-18 months.

- Order Win: Marine Electricals (India) Limited secured multiple orders. - Order Value: ₹44.22 Crores (Approx) excluding taxes. - Details: Orders received from Garden Reach Shipbuilders & Engineers Ltd and Udupi Cochin Shipyard limited (delivery within 4-5 months), and Material Organisation (Vizag) (delivery within 12-14 months).

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