CMP: ₹218.20 | New Orders: ₹77.47 Cr + ₹4.97 Cr = ₹82.44 Cr | Delivery: 12–27 Months | Sector: Defence Marine Tech
⚓ At a Glance
Marine Electricals just hit the shipyard jackpot. On May 26, 2025, the company announced two fresh defence orders:
- ₹77.47 Cr from Garden Reach Shipbuilders & Engineers (GRSE) & Goa Shipyard Ltd (GSL)
- ₹4.97 Cr from Mazagon Dock Shipbuilders (MDL)
The contracts relate to Integrated Bridge Systems (IBS) — critical navigation tech for modern naval vessels.
🔧 Order Breakdown
| Shipyard | Order Value (Ex-Tax) | Scope | Delivery Timeline |
|---|
| GRSE + GSL | ₹77.47 Cr | Supply of Integrated Bridge Systems | 27 months |
| Mazagon Dock (P15B) | ₹4.97 Cr | Supply of IBS spares for destroyers | 12 months |
| Total | ₹82.44 Cr | | |
🧠 EduInvesting Take
Marine Electricals is quietly becoming the go-to IBS player for India’s frontline naval assets.
Here’s why this update
