Marsons
BSE: MARSONS · Other Electrical Equipment
Snapshot
Unlock Marsons's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Marsons Ltd. is an Indian manufacturer specialising in the production and sale of various power and distribution transformers. Their product portfolio includes furnace, dry type, cast resin, solar, and unitised transportable substation transformers.
Business Model
The company generates revenue through the design, manufacturing, and supply of electrical transformer equipment for industrial and utility applications. It operates as a B2B entity serving sectors that require specialised power infrastructure.
- Founded:1956
Growth Outlook
Growth is primarily driven by the increasing demand for power infrastructure and renewable energy integration in India. The company aims to leverage its long-standing manufacturing expertise to capture market share in the evolving electrical equipment sector.
Key Risks
- Raw Material Price Volatility. Fluctuations in the prices of copper, steel, and transformer oil can significantly impact manufacturing margins.
- Sectoral Competition. The transformer industry is highly competitive, with pressure from both large-scale domestic players and international manufacturers.
- Regulatory and Policy Risk. Changes in government infrastructure spending and power sector policies directly influence the demand for transformer products.
- Execution Risk. Delays in large-scale infrastructure projects can lead to extended working capital cycles and delayed revenue recognition.
Start your research today
Unlock AI insights, financials, peers and live data on Marsons and 5,000+ companies — free.
Key Metrics
P/E
51.1x
Q4 FY26 · consolidated
EV/EBITDA
53.2x
Q4 FY26 · consolidated
NET PROFIT MARGIN
24.4%
Q4 FY26 · consolidated
DEBT TO EQUITY
0.0x
Q4 FY26 · consolidated
Peers · Other Electrical Equipment
| Company | Mkt Cap | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
MarsonsMARSONS | ₹2,367 Cr | 51.14 | 53.19 | — | 18.1% | 27.2% | 25.6% | -27.8% |
Rishabh Instruments LimitedRISHABH | ₹2,852 Cr | 35.15 | 18.69 | 5.6% | 19.3% | 12.1% | 14.8% | +55.4% |
Yash HighvoltageYASHHV | ₹2,721 Cr | — | — | — | 24.0% | — | — | +93.3% |
Bharat Bijlee LimitedBBL | ₹2,588 Cr | 23.14 | 14.78 | 18.3% | 8.3% | 5.6% | 8.0% | -23.6% |
Alpex SolarALPEXSOLAR | ₹2,272 Cr | — | — | — | 14.0% | — | — | -27.2% |
Modern InsulatorMODINSU | ₹2,063 Cr | — | — | — | 13.0% | — | — | +265.1% |
As of Q4 FY26
Financials
Marsons
BSE: MARSONS · Other Electrical Equipment
Snapshot
Unlock Marsons's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Marsons Ltd. is an Indian manufacturer specialising in the production and sale of various power and distribution transformers. Their product portfolio includes furnace, dry type, cast resin, solar, and unitised transportable substation transformers.
Business Model
The company generates revenue through the design, manufacturing, and supply of electrical transformer equipment for industrial and utility applications. It operates as a B2B entity serving sectors that require specialised power infrastructure.
- Founded:1956
Growth Outlook
Growth is primarily driven by the increasing demand for power infrastructure and renewable energy integration in India. The company aims to leverage its long-standing manufacturing expertise to capture market share in the evolving electrical equipment sector.
Key Risks
- Raw Material Price Volatility. Fluctuations in the prices of copper, steel, and transformer oil can significantly impact manufacturing margins.
- Sectoral Competition. The transformer industry is highly competitive, with pressure from both large-scale domestic players and international manufacturers.
- Regulatory and Policy Risk. Changes in government infrastructure spending and power sector policies directly influence the demand for transformer products.
- Execution Risk. Delays in large-scale infrastructure projects can lead to extended working capital cycles and delayed revenue recognition.
Start your research today
Unlock AI insights, financials, peers and live data on Marsons and 5,000+ companies — free.
Key Metrics
P/E
51.1x
Q4 FY26 · consolidated
EV/EBITDA
53.2x
Q4 FY26 · consolidated
NET PROFIT MARGIN
24.4%
Q4 FY26 · consolidated
DEBT TO EQUITY
0.0x
Q4 FY26 · consolidated
Peers · Other Electrical Equipment
As of Q4 FY26