Press Release

Ref: MEIL/SEC/2026-27/35 Date: 17th Aug, 2026 The National Stock Exchange of India Limited. Exchange Plaza, 5th Floor, Plot No. C/1 G Block, Bandra- Kurla Complex, Bandra (East), Mumbai – 400051 Symbol: MARINE ISIN: INE01JE01028 Dear Sir/Madam, Sub: Press Release – Financials Results Please find enclosed herewith press release on the Unaudited Financial Results of the Company for the quarter ended 30th June, 2026. The above is for your information and records. You are requested to take the same on record & oblige. Thanking You. For Marine Electricals (India) Limited Deep Shah Company Secretary & Compliance Officer ACS: 61488 Encl: As above Marine Electricals (India) Limited Investor Release Marine Electricals (India) Limited Delivers Strong Q1 FY27 Performance with Robust Order Wins and Record Order Backlog Q1 Revenue rises 55%; EBITDA grows 47%; PAT increases 51%; Order Backlog reaches Rs. 2,073 crores, up 201% YoY New order wins of Rs. 784 crores during the quarter further strengthens the growth opportunity Mumbai, Maharashtra, August 14, 2026: Marine Electricals (India) Limited (NSE: MARINE) has announced its unaudited financial results for the quarter ended June 2026 (“Q1FY27”). Revenue from Operations (Rs. Cr.) Order Backlog (Rs. Cr.) Marine Industry 2,073 88 688 79 103 Q1FY26 Q1FY27 Q1FY26 Q1FY27 EBITDA (Rs. Cr.) PAT (Rs. Cr.) 33 18 22 12 Q1FY26 Q1FY27 Q1FY26 Q1FY27  Q1 FY27 Revenue from Operations grew 55% YoY to Rs. 259 crores, supported by strong performance across both segments, with Marine revenue growing 30% to Rs. 103 crores and Industry revenue increasing 77% to Rs. 156 crores, reflecting growing contribution from industrial and infrastructure-led opportunities  EBITDA increased 47% YoY to Rs. 33 crores, supported by strong revenue growth and healthy execution across the Company’s diversified business portfolio  PAT rose 51% YoY to Rs. 18 crores, reflecting strong operating performance and sustained profitability growth Marine Electricals (India) Limited Robust Order Wins Strengthen Growth Momentum and Revenue Visibility  Secured Rs. 784 crores of new orders during Q1 FY27, reflecting strong demand across diversified business segments and strengthening the growth outlook  Order backlog stood at Rs. 2,073 crores, up 201% YoY, providing strong revenue visibility and a healthy execution pipeline for the coming quarters  Industry segment account for ~65% of the order backlog, with Data Centres and Industrial Infrastructure driving increasing exposure to India’s digital and infrastructure growth  Marine & Defence businesses continue to perform well, supported by sustained domestic naval development and recent orders from leading players in the maritime defence sector Commenting on the performance, Mr. Vinay Uchil, Chairman & Executive Director, Marine Electricals (India) Limited said, “The first quarter of FY27 has set a strong direction for Marine Electricals (India), marked by faster execution and a growing market presence. We delivered a remarkable 55% increase in Q1 Revenue to Rs. 259 crores. This strong growth positively impacted profitability, with EBITDA rising 47% to Rs. 33 crores and Profit After Tax increasing by nearly 51% to Rs. 18 crores. We are actively sharpening our business focus to capture the significant opportunities emerging from India’s digital and AI infrastructure growth. This strategic shift is clearly reflected in our order book, with Data Centres and Industrial Infrastructure now accounting for a sizeable portion of our total order backlog. These opportunities firmly position Marine Electricals (India) as a critical partner in power infrastructure for essential, high-density digital environments. In parallel, our Marine and Defence operations continue to perform well, supported by a strong domestic market and sustained naval development. Orders from leading shipyards further strengthen our established position and long-term growth outlook in the maritime defence sector. We ended Q1FY27 with a strong unexecuted order book of Rs. 2,073 crores. With the addition of major contracts secured through July, our execution pipeline now provides visibility of approximately 8 to 24 months. As we progress through the fiscal year, our focus remains on efficient and timely execution of this significant pipeline and delivering sustainable value for our shareholders.” Marine Electricals (India) Limited About Marine Electricals (India) Limited Marine Electricals (India) Limited is an indigenous turnkey solutions provider specializing in electrical distribution, control and automation, and integrated technology solutions for marine, defence, industrial, and infrastructure sectors. Established in 1978 and headquartered in Mumbai, the company delivers end-to-end capabilities covering design, manufacturing, installation, commissioning, and lifecycle support. With strong in-house R&D, advanced manufacturing facilities in Mumbai and Goa, and type-tested LV and MV solutions, Marine Electricals (India) supports critical applications across naval platforms, shipyards, data centers, oil and gas, metros, airports, ports, and large commercial infrastructure. The company is a trusted partner to the Indian Navy, Coast Guard, and leading industrial customers, with a growing global footprint across the Middle East and Southeast Asia. Driven by reliability, indigenous innovation, and customer-focused engineering, Marine Electricals (India) continues to power complex projects that demand high performance, safety, and long-term value. Safe Harbour Statement This press release may include statements of future expectations and other forward-looking statements based on management's current expectations and beliefs concerning future developments and their potential effects upon Marine Electricals (India) Limited and its subsidiaries/associates (“Marine”). These forward-looking statements involve known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those expressed or implied in such statements. Important factors that could cause actual results to differ materially from our expectations include, amongst others: general economic and business conditions in India and overseas, our ability to successfully implement our strategy, our research and development efforts, our growth and expansion plans and technological changes, changes in the value of the Rupee and other currency changes, changes in the Indian and international interest rates, change in laws and regulations that apply to the related industries, increasing competition in and the conditions of the related industries, changes in political conditions in India and changes in the foreign exchange control regulations in India. Marine Electricals (India) Limited, nor our directors, or any of our subsidiaries/associates assume any obligation to update any forward- looking statement contained in this release. Contact Details Company: Investor Relations Advisors: Marine Electricals (India) Limited Strategic Growth Advisors Pvt. Ltd. CIN: L31907MH2007PLC176443 CIN: U74140MH2010PTC204285 Mr. Rohit Ravi Mr. Aditya Parakh / Mr. Devraj Ghatge rohit.ravi@marineelectricals.com aditya.parakh@sgapl.net / devraj.ghatge@sgapl.net +91 75069 96217 / +91 91687 23907