# Marsons share price today (Marsons Ltd, NSE: MARSONS)

> Marsons share price today: ₹154.05 at the NSE close on 3 November 2026, down 10.7% in a year. Marsons (NSE: MARSONS) is worth ₹2,645 crore, trades at a P/E of 59.8 and has closed between ₹104.05 and ₹172.35 over the past 52 weeks. > Marsons Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. MARSONS · Capital Goods - Transformers · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/marsons-ltd

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## Key numbers

- Business trend: Mixed, from the last 12 quarters
- Price: ₹154.05 (−10.7% in a year)
- P/E: 59.8× (higher than 53% of the last 10 years)
- Revenue (Jun 2026): ₹49.3 Cr (+4.7% on a year ago)
- Profit (Jun 2026): ₹5.9 Cr (−26.2% on a year ago)
- Operating margin: 14.7% (−0.9 points on a year ago)
- ROCE: 24%, FY26
- ROIC: 19.9%, against a 12.0% cost of capital: +7.9 points

The main question: yearly earnings per share moved +65.0% while the share price moved −10.7%. ## What is the Marsons share price today? Marsons Ltd's share price was ₹154.05 at the close on 3 November 2026. It has been falling for 54 weeks. That is 16.0% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹104 and ₹172, and at that close it sat 73% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 11 weeks in a row. Over the last 11 years the share price moved +1,222% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Marsons this quarter? Three changes stood out: profit fell in the June 2026 quarter, started beating the market again after 65 weeks behind it and revenue up on a year earlier for 10 quarters in a row. 1. Profit fell in the June 2026 quarter Profit was ₹6 crore, -26.2% on a year earlier (₹8 crore), after 8 quarters of growth. 2. Started beating the market again after 65 weeks behind it
3. Revenue up on a year earlier for 10 quarters in a row In the June 2026 quarter revenue was ₹49 crore, +4.7% on a year earlier. ## What are Marsons' latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Marsons reported revenue of ₹49.3 crore, up 4.7% from ₹47.0 crore a year earlier, and a profit of ₹5.93 crore, down 26.2% from ₹8.03 crore. ### Marsons results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹49.3 crore | ₹47.0 crore | +4.7% |
| Profit | ₹5.93 crore | ₹8.03 crore | −26.2% |
| Earnings per share | ₹0.34 | ₹0.47 | −27.7% |
| Operating margin | 14.7% | 15.5% | −0.9 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). The newest call in our records is from 1 April 2026, about January to March 2026; a call about these results is not in our records yet. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Marsons share price history? Marsons closed at ₹154.05 on 3 November 2026, down 10.7% from ₹172.55 a year earlier (31 October 2025) and up 1,059.1% over five years. Its highest weekly close since March 2016 was ₹341.30 on 4 October 2024. ### Marsons share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹118.70 | +29.8% |
| 1 month ago · 1 Oct 2026 | ₹114.25 | +34.8% |
| 6 months ago · 30 Apr 2026 | ₹154.40 | −0.2% |
| 1 year ago · 31 Oct 2025 | ₹172.55 | −10.7% |
| 3 years ago · 3 Nov 2023 | ₹5.85 | +2,533.3% |
| 5 years ago · 8 Nov 2021 | ₹13.29 | +1,059.1% |
| 10 years ago · 4 Nov 2016 | ₹16.76 | +819.2% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹11.65 | +1,222.3% |
| Highest weekly close since March 2016 · 4 Oct 2024 | ₹341.30 | −54.9% |
| Lowest weekly close since March 2016 · 1 Mar 2019 | ₹0.96 | +15,946.9% |
| 52-week high (weekly close) · 7 Nov 2025 | ₹172.35 | −10.6% |
| 52-week low (weekly close) · 7 Aug 2026 | ₹104.05 | +48.1% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (505 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on Marsons? 3 Nov 2026: Marsons closed at ₹154.05, up 29.8% on the week and up 34.8% on the month. Results for April to June 2026: Revenue up 4.7% and profit down 26.2% on a year earlier. ### Earlier

- 1 Apr 2026: Marsons held its results call for January to March 2026. ## What dividend does Marsons pay? Marsons has paid no dividend on the NSE since 1 April 2021, the start of the period we checked. Not in its latest year. Marsons Ltd paid out 0% of its profit as dividends in FY26. It did pay a dividend in 2 of its last 15 reported years, so there is a history but no current dividend. (From the NSE corporate-actions record, read 4 November 2026.)

## What did Marsons management say on the latest results call? On the call for January to March 2026, held on 1 April 2026, Marsons' management spoke about the quarter; the main points are below. > “With our order pipeline, we should be at upwards of 60% capacity utilization this year”
> Management, on the call for January to March 2026

Source: [the call transcript](https://files.tijoristack.ai/concall/transcript/1985-01-Apr-2026.pdf). (From the call for January to March 2026, 1 April 2026. The April to June 2026 results are out since, so this part may be out of date until we update it.)

## Which stock lists is Marsons on? Marsons is on 2 of our India lists: Momentum stocks and Power & green energy stocks. - [Momentum stocks Market cap cr: 2645.435338447046](https://www.sectoralpha.in/momentum-stocks-india)
- [Power & green energy stocks Group on the list: Power equipment, transformers and cables](https://www.sectoralpha.in/sectors/power-stocks-india)

## Is Marsons profitable? Marsons Ltd earned ₹5.9 Cr of net profit in the Jun 2026 quarter, −26.2% on the same quarter a year earlier. Full-year FY26 profit was ₹46.0 Cr. Over 10 years profit has grown 27.7% a year on average. That is 12.0% of the quarter's revenue. The same quarter a year earlier earned ₹8.0 Cr. For the full year, FY26 profit was ₹46.0 Cr (+64.3% on the year before). Why profit moved: revenue changed +4.7% on a year earlier and the margin moved −0.9 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +37.8% and revenue +32.5%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does Marsons make, and is it growing? Marsons Ltd reported ₹49.3 Cr of revenue in the Jun 2026 quarter, +4.7% on the same quarter a year earlier. That is the 10th quarter in a row with growth on the year before. Over 10 years it has grown 9.1% a year on average. The last full year, FY26, came in at ₹245 Cr. The last four reported quarters add to ₹248 Cr. FY26 revenue was ₹245 Cr, +45.8% on the year before. Recent pace: the last four quarters grew +32.5% on average, against 9.1% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +33.5%, against +161.9% a year over the last 8 quarters (rolling over); profit over the last 12 months grew +43.6%, against +165.2% a year (rolling over). ## How much of every ₹100 of sales does Marsons keep? Marsons Ltd's operating margin was 14.7% in the Jun 2026 quarter, 0.9 percentage points lower than the same quarter a year ago. Across 14 years it has been between −5,506.0% and 23.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −0.9 percentage points on the year while gross margin changed −0.4 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is Marsons' profit turning into cash? Over the last 3 years Marsons Ltd's operations used more cash than they brought in, so cash conversion was −52%, a gap worth watching. In FY26 it brought in ₹2.0 Cr of operating cash against ₹46.0 Cr of profit. After ₹52.0 Cr of spending on assets, free cash was −₹50.0 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Marsons' cash go? Marsons Ltd's customer, stock and supplier day counts come out in the thousands of days on sales this small (₹245 Cr in FY26), so no cash-cycle chart is drawn and this section looks at its spending on assets instead. It spent ₹54.0 Cr on assets over the last 3 years. Averaged over those years that is 7.3% of FY26 revenue a year. Spending on assets: ₹54.0 Cr over the last 3 years, against ₹2.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹0.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Marsons' P/E ratio, and how does it compare with its own history? Marsons Ltd's P/E is 59.8×, in the middle of its own history: higher than 53% of past readings. Its usual P/E (the middle reading) is 53.3×, over 10 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +65.0% while the price moved −10.7%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 10 years the price moved +24.8% a year; about +3.6% a year came from earnings growth and about +21.2 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Marsons business getting better or worse? Marsons Ltd's business is giving mixed signals. Growth is slowing from a very fast pace: revenue growth has eased from +2579.2% at its peak to +33.5%, but the business is still expanding, with ROCE steady at 25.4%. This is based on 12 quarters of 4 measures. Why it matters: when the lines disagree, each line above matters more than any single label. ## How much does Marsons earn on its capital? Marsons Ltd earned a ROCE of 24% in FY26. That is up from a low of −101% in FY18. Its return on capital used (ROIC) is 7.9 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 18.8% net margin and 0.84× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 18.8% net margin × 0.84× asset turnover × 1.34× leverage (assets divided by equity) ≈ 21.2% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 19.9% − 12.0% = +7.9 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. A gap this wide means each rupee put back into the business creates more than a rupee of value. ## Does Marsons have too much debt? Marsons Ltd has total debt of ₹1.0 Cr against shareholder equity of ₹218 Cr as of Jun 2026, so its debt is 0.00× its equity, which is very little. So the returns on this page come from the business, not from borrowed money. ## What is the Marsons shareholding pattern? Foreign institutions raised their stake in Marsons Ltd by 1.1 percentage points over 8 quarters, the biggest change among its owners. Foreign institutions now own 1.1% of the company. Domestic institutions moved +0.2 points over the same period, to 0.2%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: +1.1 points over 8 quarters, to 1.1%; Domestic institutions: +0.2 points over 8 quarters, to 0.2%; Promoters: +0.0 points over 8 quarters, to 53.6%. Why the owners changed: foreign institutions drove it (+1.1 points). They raised their stake step by step. ## How far is Marsons from balance-sheet trouble? For Marsons Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Marsons rank in its industry? 52.3 out of 100, rank 5 of 12 in Capital Goods - Transformers, with 81% of the evidence available. Marsons Ltd scores 52.3 out of 100 against the 12 companies it is compared with in Capital Goods - Transformers, ranking 5. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 20.3 + 13.7 + 7 + 11.3 = 52.3. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Marsons compared with? Marsons ranks 5 of 12 Capital Goods - Transformers companies on the 4-Factor Sector Score, with 52.3 out of 100. 1. [Indo Tech Transformers Ltd](https://www.sectoralpha.in/stocks/indo-tech-transformers-ltd) INDOTECH · losing its lead · Most evidence points up · 96% evidence 72.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.9/35 · Revenue 22.1% · Profit 29.9% · Operating margin change -1 points · 88% evidence Capital efficiency 20.2/25 · ROCE 40.4% · Operating margin 14% · 100% evidence Valuation 15.5/20 · P/E 29× · PEG 0.74 · 100% evidence Relative strength 13.4/20 · Lead over its industry 6.5% · Lead over NIFTY 500 20.6% · 1 year 60.8% · 100% evidence · 8 of 12 weeks ahead Exact sum: 22.9 + 20.2 + 15.5 + 13.4 = 72 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Supreme Power Equipment Ltd](https://www.sectoralpha.in/stocks/supreme-power-equipment-ltd) SUPREMEPWR · turning · Evidence leans up · 78% evidence 62.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.2/35 · Revenue 23.9% · Profit 3.6% · Operating margin change -1.4 points · 83% evidence Capital efficiency 14.9/25 · ROCE 22% · Operating margin 17.3% · 76% evidence Valuation 11.8/20 · P/E 24.6× · PEG n/a · 50% evidence Relative strength 19.3/20 · Lead over its industry 4.9% · Lead over NIFTY 500 22.3% · 1 year 17.4% · 100% evidence · 4 of 12 weeks ahead Exact sum: 16.2 + 14.9 + 11.8 + 19.3 = 62.2 · What this means: Relative strength against the index is 22.3%, and revenue and profit growth are weak. 3. [CG Power & Industrial Solutions Ltd](https://www.sectoralpha.in/stocks/cg-power-industrial-solutions-ltd) CGPOWER · turning · Evidence leans up · 100% evidence 57.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.5/35 · Revenue 23.8% · Profit 28.3% · Operating margin change 1 points · 100% evidence Capital efficiency 18.8/25 · ROCE 26.7% · Operating margin 14% · 100% evidence Valuation 4.3/20 · P/E 90.6× · PEG 6.43 · 100% evidence Relative strength 6.8/20 · Lead over its industry -8% · Lead over NIFTY 500 7.2% · 1 year 9.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 27.5 + 18.8 + 4.3 + 6.8 = 57.4 · What this means: Earnings are strong; relative strength in its sector is -8% and the one-year return is 9.1%. 4. [Transformers & Rectifiers India Ltd](https://www.sectoralpha.in/stocks/transformers-rectifiers-india-ltd) TARIL · turning · Evidence leans up · 75% evidence 57.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.1/35 · Revenue 27.3% · Profit 23.3% · Operating margin change 6 points · 95% evidence Capital efficiency 14.6/25 · ROCE 23.3% · Operating margin 17% · 76% evidence Valuation 10.1/20 · P/E 29.4× · PEG n/a · 15% evidence Relative strength 9.5/20 · Lead over its industry -11.3% · Lead over NIFTY 500 4.6% · 1 year -32.9% · 100% evidence · 2 of 12 weeks ahead Exact sum: 23.1 + 14.6 + 10.1 + 9.5 = 57.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. Marsons Ltd this page MARSONS · breaking out · Evidence leans up · 81% evidence 52.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.3/35 · Revenue 33.5% · Profit 43.6% · Operating margin change -0.9 points · 88% evidence Capital efficiency 13.7/25 · ROCE 24.4% · Operating margin 14.7% · 100% evidence Valuation 7.0/20 · P/E 57.8× · PEG 7.62 · 100% evidence Relative strength 11.3/20 · Lead over its industry n/a · Lead over NIFTY 500 14.1% · 1 year -13.7% · 25% evidence · 9 of 12 weeks ahead Exact sum: 20.3 + 13.7 + 7 + 11.3 = 52.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Voltamp Transformers Ltd](https://www.sectoralpha.in/stocks/voltamp-transformers-ltd) VOLTAMP · breaking out · Evidence leans down · 100% evidence 44.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.9/35 · Revenue 22.8% · Profit -1.8% · Operating margin change -4 points · 100% evidence Capital efficiency 15.6/25 · ROCE 23.5% · Operating margin 15% · 100% evidence Valuation 3.2/20 · P/E 32.4× · PEG 4.92 · 100% evidence Relative strength 12.1/20 · Lead over its industry 0.3% · Lead over NIFTY 500 16.9% · 1 year 39.8% · 100% evidence · 11 of 12 weeks ahead Exact sum: 13.9 + 15.6 + 3.2 + 12.1 = 44.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Ujaas Energy Ltd](https://www.sectoralpha.in/stocks/ujaas-energy-ltd) UEL · leader · Evidence leans down · 77% evidence 43.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.4/35 · Revenue -26% · Profit -3.5% · Operating margin change 9.5 points · 100% evidence Capital efficiency 6.8/25 · ROCE 3.9% · Operating margin 20.4% · 100% evidence Valuation 8.5/20 · P/E 378× · PEG n/a · 15% evidence Relative strength 15.1/20 · Lead over its industry 4.4% · Lead over NIFTY 500 21.2% · 1 year 58.8% · 70% evidence · 12 of 12 weeks ahead Exact sum: 13.4 + 6.8 + 8.5 + 15.1 = 43.8 · What this means: Relative strength against the index is 21.2%, and revenue and profit growth are weak. 8. [Bharat Bijlee Ltd](https://www.sectoralpha.in/stocks/bharat-bijlee-ltd) BBL · turning · Evidence leans down · 100% evidence 40.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.5/35 · Revenue 26.4% · Profit -11.6% · Operating margin change 1 points · 100% evidence Capital efficiency 4.9/25 · ROCE 8.4% · Operating margin 8% · 100% evidence Valuation 10.7/20 · P/E 20.3× · PEG 4.48 · 100% evidence Relative strength 5.1/20 · Lead over its industry -20.6% · Lead over NIFTY 500 -5.2% · 1 year -22.8% · 100% evidence · 0 of 12 weeks ahead Exact sum: 19.5 + 4.9 + 10.7 + 5.1 = 40.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Schneider Electric Infrastructure Ltd](https://www.sectoralpha.in/stocks/schneider-electric-infrastructure-ltd) SCHNEIDER · quiet · Evidence leans down · 96% evidence 35.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 7.2/35 · Revenue 9.5% · Profit -29.9% · Operating margin change -6 points · 88% evidence Capital efficiency 15.5/25 · ROCE 29.6% · Operating margin 5% · 100% evidence Valuation 5.8/20 · P/E 135× · PEG 2.78 · 100% evidence Relative strength 6.7/20 · Lead over its industry -5.2% · Lead over NIFTY 500 9% · 1 year 30.7% · 100% evidence · 1 of 12 weeks ahead Exact sum: 7.2 + 15.5 + 5.8 + 6.7 = 35.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Shilchar Technologies Ltd](https://www.sectoralpha.in/stocks/shilchar-technologies-ltd) SHILCTECH · quiet · Most evidence points down · 82% evidence 33.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 3.6/35 · Revenue -9.2% · Profit -29.9% · Operating margin change -10 points · 95% evidence Capital efficiency 21.2/25 · ROCE 50.7% · Operating margin 21% · 76% evidence Valuation 7.2/20 · P/E 32.8× · PEG n/a · 50% evidence Relative strength 1.1/20 · Lead over its industry -21.7% · Lead over NIFTY 500 -7.7% · 1 year -17.5% · 100% evidence · 0 of 12 weeks ahead Exact sum: 3.6 + 21.2 + 7.2 + 1.1 = 33.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Danish Power Ltd](https://www.sectoralpha.in/stocks/danish-power-ltd) DANISH · breaking out · Too little evidence to rank firmly · 32% evidence 52.9 out of 100 Growth Capital Valuation Relative
12. [Vilas Transcore Ltd](https://www.sectoralpha.in/stocks/vilas-transcore-ltd) VILAS · breaking out · Too little evidence to rank firmly · 32% evidence 45.6 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Capital Goods - Transformers](https://www.sectoralpha.in/sectors/capital-goods-transformers), all 12 compared on one page. ## Which companies are close to Marsons in size? Marsons is the 8th largest of 12 Capital Goods - Transformers companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Shilchar Technologies, Indo Tech Transformers and Bharat Bijlee. Just below it: Ujaas Energy, Danish Power and Vilas Transcore. ### Capital Goods - Transformers companies close in size

1. [Shilchar Technologies Ltd](https://www.sectoralpha.in/stocks/shilchar-technologies-ltd) ₹4,091 crore
2. [Indo Tech Transformers Ltd](https://www.sectoralpha.in/stocks/indo-tech-transformers-ltd) ₹2,884 crore
3. [Bharat Bijlee Ltd](https://www.sectoralpha.in/stocks/bharat-bijlee-ltd) ₹2,634 crore
4. Marsons Ltd ₹2,558 crore
5. [Ujaas Energy Ltd](https://www.sectoralpha.in/stocks/ujaas-energy-ltd) ₹2,485 crore
6. [Danish Power Ltd](https://www.sectoralpha.in/stocks/danish-power-ltd) ₹1,673 crore
7. [Vilas Transcore Ltd](https://www.sectoralpha.in/stocks/vilas-transcore-ltd) ₹827 crore

[All 12 Capital Goods - Transformers companies, largest first](https://www.sectoralpha.in/sectors/capital-goods-transformers#all-companies)

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3. Marsons Ltd ₹2,558 crore
4. [D B Corp Ltd](https://www.sectoralpha.in/stocks/d-b-corp-ltd) ₹2,552 crore · Newspaper
5. [Shanti Educational Initiatives Ltd](https://www.sectoralpha.in/stocks/shanti-educational-initiatives-ltd) ₹2,551 crore · Computer Education

## What else do people ask about Marsons? ### What is Marsons's share price today? Marsons Ltd's share price is ₹154.05, −10.7% over the past year. The whole company is worth ₹2,645 Cr on the market. In the last 52 weeks it traded between ₹104 to ₹172; today it is 73% of the way up from the low, 16.0% above its 200-day average (as of 3 November 2026). ### What were Marsons's latest quarterly results? Marsons Ltd reported revenue of ₹49.3 Cr and net profit of ₹5.9 Cr for the Jun 2026 quarter. Revenue rose 4.7% and profit fell 26.2% compared with a year earlier. Earnings per share were ₹0.34. The operating margin was 14.7%, 0.9 percentage points lower than a year earlier (as of 3 November 2026). ### What is Marsons's market cap? Marsons Ltd's market capitalisation is ₹2,645 Cr at a share price of ₹154.05. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Marsons performing? Marsons Ltd's share price has been falling for 54 weeks. In its latest quarter, revenue rose 4.7% and profit fell 26.2% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 11 weeks running (as of 3 November 2026). ### Will Marsons's share price go up? This page does not forecast Marsons Ltd's share price. What it shows instead: the share price is ₹154.05, and it has been falling for 54 weeks. Its P/E of 59.8× is higher than 53% of its own last 10 years (as of 3 November 2026). ### Who owns Marsons? Promoters own 53.6% of Marsons Ltd, foreign institutions 1.1%, domestic institutions 0.2% and the public 45.1% (latest quarter). The biggest change over the last two years: Foreign institutions raised their stake by 1.1 percentage points over 8 quarters (as of 3 November 2026). ### Does Marsons have too much debt? No, Marsons Ltd has little debt: its debt is 0.00× its equity, and its operating profit is 42 times its interest bill. FY26 borrowings were ₹1.0 Cr against equity of ₹217 Cr. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### Where is Marsons in its business cycle? Marsons Ltd's FY26 operating margin was 17.0%, against a 14-year range of −5,506.0% to 23.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 14.7%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Marsons story? The main question: yearly earnings per share moved +65.0% while the share price moved −10.7%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Marsons a stock worth studying right now? What the numbers show: Marsons Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists

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