About
Marsons Limited engages in manufacturing, supplying, erecting, testing, and commissioning of power and distribution transformers in India. The company offers distribution, power, unitized transportable substation, dry type, cast resin, solar, and instrumental transformers, as well as furnace transformers comprising arc, submerged, ladle, induction, and DC arc furnace transformers. It also provides after sales services. The company was incorporated in 1976 and is based in Kolkata, India.
Key Metrics
as of Sep 2026Market Cap2,354 Cr
P/E53.20
Div Yield0.04 %
Book Value₹12.60
52w High₹200.00
52w Low₹100.00
Face Value₹1.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Mar 2019 | Dec 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 49.26 | 92.65 | 45.94 | 59.80 | 47.03 | 55.80 | 44.17 | 38.51 | 29.88 | 3.77 | 0.65 | 0.00 | 0.00 |
| Expenses | 42.03 | 73.59 | 39.07 | 51.23 | 39.72 | 45.67 | 40.00 | 32.70 | 24.83 | 3.17 | 0.33 | 0.68 | 0.00 |
| Operating Profit | 7.23 | 19.06 | 6.87 | 8.57 | 7.31 | 10.13 | 4.17 | 5.81 | 5.05 | 0.60 | 0.32 | -0.68 | 0.00 |
| OPM % | 14.68 | 20.57 | 14.95 | 14.33 | 15.54 | 18.15 | 9.44 | 15.09 | 16.90 | 15.92 | 49.23 | — | — |
| Other Income | 0.75 | -0.01 | 0.64 | 0.93 | 0.99 | -1.18 | 2.37 | 1.81 | 0.36 | 0.03 | 0.01 | 0.00 | 0.79 |
| Depreciation | 0.24 | 0.14 | 0.23 | 0.22 | 0.17 | -0.09 | 0.18 | 0.14 | 0.14 | 0.18 | 0.18 | 0.77 | 0.00 |
| Interest | 0.36 | 0.37 | 0.80 | 0.09 | 0.10 | 0.06 | 0.04 | 0.01 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 7.38 | 18.54 | 6.48 | 9.19 | 8.03 | 8.98 | 6.32 | 7.47 | 5.24 | 0.45 | 0.15 | -1.45 | 0.79 |
| Tax % | 19.78 | -21.95 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -121.38 | 0.00 |
| Net Profit | 5.93 | 22.62 | 6.48 | 9.20 | 8.03 | 8.99 | 6.32 | 7.47 | 5.24 | 0.45 | 0.15 | 0.30 | 0.79 |
| EPS in Rs | 0.34 | 1.31 | 0.38 | 0.53 | 0.47 | 0.52 | 0.37 | 0.43 | 0.30 | 0.03 | 0.01 | 0.12 | 0.32 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Jun 2012 | Mar 2011 |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 245.00 | 168.00 | 6.00 | 0.00 | 17.00 | 100.00 | 103.00 | 116.00 | 106.00 |
| Expenses | 203.00 | 143.00 | 5.00 | 20.00 | 64.00 | 97.00 | 90.00 | 104.00 | 93.00 |
| Operating Profit | 42.00 | 25.00 | 1.00 | -19.00 | -47.00 | 3.00 | 13.00 | 11.00 | 13.00 |
| OPM % | 17.00 | 15.00 | 18.00 | -5,506.00 | -283.00 | 2.70 | 12.00 | 10.00 | 12.00 |
| Other Income | 2.00 | 3.00 | 0.00 | -1.00 | -8.00 | 1.00 | 1.00 | 3.00 | -1.00 |
| Interest | 1.00 | 0.00 | 0.00 | 0.00 | 5.00 | 10.00 | 8.00 | 9.00 | 5.00 |
| Depreciation | 1.00 | 0.00 | 1.00 | 3.00 | 32.00 | 2.00 | 3.00 | 2.00 | 1.00 |
| Profit before tax | 42.00 | 28.00 | 1.00 | -23.00 | -93.00 | -8.00 | 3.00 | 3.00 | 6.00 |
| Tax % | -10.00 | 0.00 | 0.00 | -8.00 | -1.00 | 23.00 | -21.00 | 34.00 | 7.00 |
| Net Profit | 46.00 | 28.00 | 1.00 | -22.00 | -92.00 | -10.00 | 4.00 | 2.00 | 5.00 |
| EPS in Rs | 2.69 | 1.63 | 0.04 | -8.63 | -36.63 | -3.98 | 1.66 | 0.88 | 2.07 |
| Dividend Payout % | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 11.00 | 24.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Jun 2012 | Mar 2011 |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 17.00 | 17.00 | 14.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 |
| Reserves | 200.00 | 105.00 | 0.00 | -94.00 | -74.00 | 18.00 | 28.00 | 27.00 | 26.00 |
| Borrowings | 1.00 | 3.00 | 9.00 | 84.00 | 86.00 | 76.00 | 71.00 | 37.00 | 38.00 |
| Other Liabilities | 72.00 | 27.00 | 6.00 | 23.00 | 36.00 | 44.00 | 102.00 | 43.00 | 48.00 |
| Total Liabilities | 291.00 | 152.00 | 30.00 | 38.00 | 73.00 | 163.00 | 227.00 | 133.00 | 137.00 |
| Fixed Assets | 65.00 | 14.00 | 13.00 | 21.00 | 24.00 | 56.00 | 58.00 | 27.00 | 29.00 |
| CWIP | 25.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 |
| Investments | 0.00 | 37.00 | 0.00 | 0.00 | 0.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Other Assets | 200.00 | 101.00 | 17.00 | 17.00 | 49.00 | 96.00 | 158.00 | 94.00 | 98.00 |
| Total Assets | 291.00 | 152.00 | 30.00 | 38.00 | 73.00 | 163.00 | 227.00 | 133.00 | 137.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Jun 2012 | Mar 2011 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 2.00 | -35.00 | -4.00 | 1.00 | -7.00 | 4.00 | 27.00 | 5.00 | -15.00 |
| Cash from Investing Activity | 12.00 | -38.00 | 0.00 | 0.00 | 1.00 | -1.00 | -25.00 | -2.00 | 0.00 |
| Cash from Financing Activity | -4.00 | 74.00 | 4.00 | -2.00 | 5.00 | -4.00 | -3.00 | -5.00 | 10.00 |
| Net Cash Flow | 10.00 | 1.00 | 0.00 | -1.00 | 0.00 | 0.00 | -1.00 | -1.00 | -5.00 |
| Free Cash Flow | 0.00 | -37.00 | -4.00 | 1.00 | -7.00 | 4.00 | 30.00 | 4.00 | -16.00 |
| CFO/OP % | 1.00 | -131.00 | -359.00 | -4.00 | 14.00 | 159.00 | 212.00 | 54.00 | -118.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Jun 2012 | Mar 2011 |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 160.00 | 148.00 | 827.00 | 10,126.00 | 907.00 | 144.00 | 372.00 | 116.00 | 209.00 |
| Inventory Days | 111.00 | 42.00 | 100.00 | 0.00 | 2.00 | 200.00 | 313.00 | 175.00 | 119.00 |
| Days Payable | 107.00 | 71.00 | 240.00 | — | 190.00 | 127.00 | 537.00 | 130.00 | 171.00 |
| Cash Conversion Cycle | 163.00 | 120.00 | 687.00 | 10,126.00 | 720.00 | 217.00 | 147.00 | 161.00 | 157.00 |
| Working Capital Days | 163.00 | 151.00 | 75.00 | -51,382.00 | -696.00 | 77.00 | 97.00 | 46.00 | 53.00 |
| ROCE % | 25.00 | 34.00 | — | -89.00 | -101.00 | 2.00 | — | 14.00 | — |
Corporate Actions
7 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 03 Dec 2025 | 03 Dec 2025 | — | 0.05 | |
| Other | 20 Jun 2019 | 21 Jun 2019 | — | — | Resolution Plan -Suspension |
| Dividend | 06 Dec 2012 | — | — | 0.10 | |
| Dividend | 21 Sep 2011 | — | — | 0.50 | |
| Bonus | 04 Mar 2011 | 07 Mar 2011 | 1:4 | — | |
| Dividend | 21 Sep 2010 | — | — | 0.50 | |
| Other | 14 Oct 2009 | 15 Oct 2009 | — | — | Consolidation of Shares |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update5 Dec 2025 from brickwork
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Rating update20 Jul 2015 from fitch
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Rating update4 Sep 2014 from fitch