Marine Electricals Secures ₹250.78 Crore Orders; Shares Rise 3.32%

Mumbai, September 28: Marine Electricals (India) Limited has secured orders worth approximately ₹250.78 crore, excluding taxes, from three companies for the supply of power distribution systems, according to an exchange disclosure.

The orders have come from Digital Edge DC (India) Private Limited, Socomec India Private Limited and STT Global Data Centres India Private Limited, with delivery schedules ranging from four months to 10-12 months.

Marine Electricals Bags ₹250.78 Crore Data Centre Orders

The largest part of the latest business comes under orders for power distribution systems to be supplied to data centre-related customers. Marine Electricals said the aggregate value of the three orders is approximately ₹250.78 crore, excluding applicable taxes.

An order from Digital Edge DC (India) Private Limited carries a delivery period of 10-12 months. The company has also received an order from Socomec India Private Limited, which is scheduled for delivery over four months.

The third order has been received from STT Global Data Centres India Private Limited, with supplies to be completed over a period of 10-12 months.

The disclosure does not provide a separate value for each of the three orders.

Stock Market Snapshot

The Marine Electricals share price stood at ₹427.50 as of 10:53:46 AM IST on September 28, 2026, up ₹13.75 or 3.32% from the reference level shown on the trading chart.

The stock initially moved lower after the market opened, slipping below ₹410 during early trade. It then recovered steadily, crossed ₹420 and moved above ₹430 during the morning session before settling around ₹427.50 at the latest timestamp shown.

The share price movement came as the company disclosed the new order wins.

Orders Strengthen Data Centre Business Exposure

The three contracts are focused on power distribution systems, an area closely linked to the electrical infrastructure requirements of data centres.

The delivery schedules indicate that the orders will contribute to the company’s execution pipeline over different periods, with the Socomec order having the shortest stated completion window of four months, while the Digital Edge and STT Global Data Centres orders carry 10-12 month delivery periods.

The latest wins also add to Marine Electricals’ ongoing activity in electrical systems supporting data centre infrastructure.

About Marine Electricals

Marine Electricals (India) is an electrical engineering company engaged in the design, manufacturing, supply and installation of electrical systems and equipment.

Its business covers areas including low-voltage and medium-voltage electrical systems, power distribution infrastructure, marine electrical solutions and data centre-related electrical requirements. The company also operates manufacturing facilities supporting its electrical product portfolio.

Conclusion

Marine Electricals has secured three power distribution system orders aggregating approximately ₹250.78 crore, excluding taxes, from Digital Edge DC, Socomec India and STT Global Data Centres.

The orders carry execution timelines ranging from four months to 10-12 months, adding to the company’s project pipeline in the electrical and data centre infrastructure segment. Meanwhile, the Marine Electricals share price was at ₹427.50 as of 10:53:46 AM IST on September 28, 2026, marking a 3.32% rise.

Source:

• https://www.nseindia.com/get-quote/equity/MARINE/Marine-Electricals-(India)-Limited
• https://nsearchives.nseindia.com/corporate/MARINE_28092026095814_Signed_Final_28092026_Regulation_30.pdf