IP
IndiaPulse

MARSONS

Small Cap

Marsons Limited

Industrials

Marsons Limited operates in Transformers, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.

₹123.16
+2.76 · +2.29%
Quote09 Jun, 10:02 am
Fundamentals08 Jun 2026 · screener
Score08 Jun, 11:00 pm · v4.2-nightly
Tags02 May 2026
Data confidence
Fresh enough for analysis
Investor decision lenses

One read, four checks

75+ is strong, 60-74 is usable, 45-59 is mixed, and below 45 needs caution. These are research lenses, not buy/sell instructions.

Investable fundamentals, management trust is supportive, timing is unclear, and recent execution is consistent.

Suggested next step
Research, do not rush
The four lenses are not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
UNDERVALUED
62

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Trust
Healthy Trust
79

low confidence · 0/0 claims checked

Technical
pending

Technical trend unavailable.

Result consistency
stable
79

Rolling lens: recent quarterly delivery, not the latest single-result score.

Latest result

Quarter ended 31 Mar 2026

Excellent · 100/100

Rev +66% YoY · PAT +156% YoY · margin expansion · +102% QoQ · operating leverage

Filed 22 May 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹93 Cr+66.1%+102.2%
EBITDA₹19 Cr+90.0%+171.4%
Operating margin21.0%+300 bps+600 bps
PAT₹23 Cr+155.6%+283.3%
PAT margin24.7%+866 bps+1169 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Business and thesis

Issuer presentation review pending

Marsons Limited operates in Transformers, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 31 Mar 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.

Technical timing lens

Trend score and candlestick chart

Trend score is pending. The candlestick chart remains available for manual review.

Technical chart

MARSONSweekly · 6M-11.1%
Latest close ₹123.16 on 2026-06-09
Bar
-3.7%
RSI
42
MACD hist
52W pos
8%
Hover for OHLC, volume, and indicators. Use range buttons above the chart to zoom.
₹116₹132₹147₹163₹17852H52L2026-03Vol2026-032026-042026-052026-062026-06
Up bar
Down bar
Volume
Result date
SMA 50
RSI(14)
Not enough price history to compute a technical trend read.
Deep research

Valuation, score drivers, trust methodology, financials, and peers

Use these sections after reviewing the decision summary, latest result, thesis, management accountability, and technical timing above.

62U-SCORE
Premium Compounder

Fundamental score breakdown

UNDERVALUED
Valuation0/30
Growth23/25
Quality19/20
Balance Sheet10/15
Cash Flow4/10
Piotroski
8/9 (+5)
Penalties
1
Raw sum
62

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

62/100 · UNDERVALUED

Positive drivers

  • Piotroski is strong at 8/9.
  • Quality contributes 19/20 to the score.
  • Growth contributes 23/25 to the score.

Main drags

  • Fair-value margin of safety is negative at -1.7%.
  • Valuation is weaker at 0/30; verify the latest quarterly trend.
  • Cash flow is weaker at 4/10; verify the latest quarterly trend.
Sector valuation model

Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks

For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.

Blended relative
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
44.7
PB
9.5
EV/EBITDA
48.2
ROE
27.2%
ROCE
25.4%
FCF Yield
0.7%
Debt/Equity
0.0
MoS
-1.7%
Score movement

Stored run vs live recompute

This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.

Stored run: 08 Jun 2026
v4.2-nightly
Final score
62
Previous: 64 (-2)
Verdict
UNDERVALUED
Previous: UNDERVALUED
Margin of safety
-1.7%
Previous: +0.5%

Score history

12 stored score snapshots. Latest stored move: +2 points.

08 Jun 2026
v4.2-nightly
60
60
62
62
61
61
62
62
62
62
62
64

Factor attribution

Valuation
0-2
was 2
Trust Score
79Healthy Trust · low confidenceTrust Lite

Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.

Healthy Trust: Claim history is still being built. It ranks around the 90th percentile of the scored universe and 89th percentile within Industrials. Main check: cash conversion is weak at 52/100.

High Trust Lite: Promoter pledge is zero. Key concern: Operating cash flow is negative at ₹-35 Cr.

Computed 22 May 2026
trust-lite-v1
0 docs indexed · 0 concall links
Score band
Healthy Trust

Generally investable credibility. Look for weak sub-scores before increasing position size.

Relative rank
90th percentile

overall median 67 · Industrials: 89th pctile, median 68 · Small: 93rd pctile, median 65

Evidence depth
Financial-only

0 documents indexed, but claim history is not strong enough yet.

Claim delivery
Outcome history still building

0 claims extracted · No contradicted claim yet

How to read this Trust Score

Healthy Trust · low confidence
What it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.

Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.

Forensic breakdown

Read low sub-scores as due-diligence warnings, not automatic sell signals.

Promoter
78
strong · holding, pledge, alignment
Cash flow
52
watch · profit to cash conversion
Balance sheet
96
strong · leverage and solvency
Discipline
98
strong · capital discipline
Results
79
strong · quarterly consistency

Trust positives

  • Promoter pledge is zero.
  • 4 years of positive FCF.
  • Debt/equity is 0.02.
  • ROCE is 33.8%.

Trust risks

  • Operating cash flow is negative at ₹-35 Cr.

Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.

Intrinsic value

Graham Number
₹27.62
-346.0% MoS
DCF Fair PE
45.0
DCF Fair Value
₹121.05
-1.7% MoS
PEG
0.41

Fundamentals

Valuation

P/E
44.70
P/B
9.52
EV/EBITDA
48.21
Market Cap
2072.00Cr

Profitability

ROE
27.20%
ROCE
25.40%
ROA
15.81%
Dividend Y
0.04%

Growth (CAGR)

Revenue 5Y
70.00%
EPS 5Y
70.00%
Revenue 3Y
140.00%
EPS 3Y
167.00%

Balance Sheet

Debt/Equity
0.00
Interest Coverage
42.00×
Altman Z
8.55
Book Value
12.60

Cash Flow

FCF Yield
0.68%
FCF Positive Y
5/5
OCF
2.00 Cr
EPS TTM
2.69

Shareholding

Promoter Hold
53.65%
Promoter Pledge
0.00%
Momentum 52W
1%

Financial History

Updated 9/6/2026

Revenue

₹ Cr
Latest: 245+45.8% vs prev
0245.0Mar 2011: 106Jun 2012: 116Mar 2016: 103Mar 2017: 100Mar 2018: 17.0Mar 2019: 0.0Mar 2024: 6.0Mar 2025: 168Mar 2026: 245FY11Q1 12FY16FY17FY18FY19FY24FY25FY26

Net Profit

₹ Cr
Latest: 46.0+64.3% vs prev
-92.0046.0Mar 2011: 5.0Jun 2012: 2.0Mar 2016: 4.0Mar 2017: -10.0Mar 2018: -92.0Mar 2019: -22.0Mar 2024: 1.0Mar 2025: 28.0Mar 2026: 46.0FY11Q1 12FY16FY17FY18FY19FY24FY25FY26

Return on Equity

%
Latest: 21.2-7.6% vs prev
-23.3022.9Mar 2011: 9.8%Jun 2012: 3.9%Mar 2016: 7.5%Mar 2017: -23.3%Mar 2024: 7.1%Mar 2025: 22.9%Mar 2026: 21.2%FY11Q1 12FY16FY17FY18FY19FY24FY25FY26
Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.