Seamec
Consolidated Q2 revenue rose 103% to ₹198.1 Cr and EBITDA to ₹38.3 Cr from ₹7.8 Cr. Growth came from fleet additions and deployment; management hedged on the timing of new contracts.
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Earnings calls
Every Seamec earnings call we streamed: the live audio and our summary of what management said.
Consolidated Q2 revenue rose 103% to ₹198.1 Cr and EBITDA to ₹38.3 Cr from ₹7.8 Cr. Growth came from fleet additions and deployment; management hedged on the timing of new contracts.
Consolidated Q2 revenue rose 103% to ₹198.1 Cr and EBITDA to ₹38.3 Cr from ₹7.8 Cr. Growth came from fleet additions and deployment; management hedged on the timing of new contracts.
Revenue ~15% growth, PAT 18–20% over 4–5 yrs; ~40% EBITDA margin in 3–4 yrs; $200–250M capex.
Seamec delivered strong 41% revenue growth driven by vessel deployment, yet PAT remained flat YoY, suggesting rising operational costs and non-vessel utilization issues like the Paladin delay.
Seamec reported record FY26 revenue of ₹1,000cr (+47% YoY) and PAT of ₹253cr. Strategy focuses on expanding the niche Diving Support Vessel fleet and international footprint.
Seamec delivered record FY26 profits driven by high vessel utilization, though geopolitical risks in West Asia remain a critical bottleneck for specific asset deployment.
Seamec Ltd achieved record FY26 consolidated revenue of ₹1,000 cr, up 47% YoY. Performance driven by high vessel deployment and international subsidiary growth.
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.