Marushika Technology Limited is engaged in providing precision-engineered electronic manufacturing and technology-driven solutions. The company primarily earns revenue through design-led manufacturing, assembly, and supply of electronic components and systems used across industrial, automotive, and consumer applications. Its business model focuses on long-term client relationships, recurring orders, and value-added services, enabling stable revenue generation and scalable operations.


The Company is led by Promoter, i.e.,MS. MONICCA AGARWAAL, MR. JAI PRAKASH PANDEY AND MS. SONIKA AGGARWA

The Revenues from operations for the Period ended on Sep 30 2025, and Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ 4,871.24 Lakh, ₹ 8,562.60 Lakh, ₹ 6,083.44 Lakh, and ₹ 3,703.18 Lakh, The EBITDA for the Period ended on Sep 30 2025, and Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ 563.53 Lakh, ₹ 1,047.26 Lakh, ₹ 566.89 Lakh, and ₹ 165.80 Lakh, The Profit after Tax for the Period ended on Sep 30 2025, and Fiscals ended on Mar 31, 2025, 2024 and 2023 were were ₹ 313.83 Lakh, ₹ 628.64 Lakh, ₹ 314.11 Lakh, and ₹ 40.25 Lakh, respectively. This indicates a steady growth in financial performance.

The Company Key Performance Indicates the pre-issue EPS of ₹  10.21 and post-issue EPS of ₹ 7.36 for FY25. The pre-issue P/E ratio is 11.46x,while the post-issue P/E ratio is 15.89x against the Industry P/E ratio is -6.06x The company's ROE for FY25 is 52.77% and RoNW is 52.77%The Annualised EPS is ₹ 7.35x and P/E is ₹ 15.91x,  These metrics suggest that the IPO is Fully priced.

 
The Grey Market Premium (GMP) of Marushika Technology showing listing gains of 0%.Given the company's financial performance and the valuation of the IPO, we recommend  Investors to Avoid to the Marushika Technology Limited, IPO for Listing gain or Long Term Purposes.