AI-generated · cited to primary sources · not investment advice
Marine Electric. (MARINE) Mar 2025 Filing Analysis
How durable is the business?
Domestic revenue continues to dominate the mix, growing from Rs. 49,481.58 Lacs to Rs. 61,914.81 Lacs, maintaining its position as the primary market. (1 expanding)
“Revenue by geography: - Within India 2025: 61,914.81 2024: 49,481.58”
See the full cited Business Model analysis of Marine Electric.
What could break the thesis?
The risk is intensifying as the subsidiary Evigo Charge Pvt. Ltd. reported a net loss of ₹208.01 Lakhs for FY25, indicating ongoing gestation and competitive pressures. (1 intensifying)
“Evigo Charge Private Limited... Profit after taxation (208.01) [Lakhs]”
See the full cited Risk analysis of Marine Electric.
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