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Earnings Call

Knowledge Marine & Engineering Works Earnings Call: Key Takeaways

KMEW delivered strong FY26 performance with 27% revenue growth and 31% PAT margins. Transitioning into an integrated maritime platform with shipbuilding and green tugs.

Why this was an Alfa AlertNot a filter event. Revenue and margin guidance are below the 50% threshold for filter event status.
Highlights
Revenue growthFY26 +27% YoY; ₹256cr revenue achieved.
MarginsEBITDA margins stable at 38%; guidance 35-40%.
Order book₹1,400cr diversified across dredging, charter, and shipbuilding.
Demand visibilityStrong bid pipeline of ₹2,000cr; multi-year order book visibility.
Management confidenceHigh, projecting 30% YoY growth for next 2 years.

Growth

FY26 Revenue: ₹256cr (+27% YoY); EBITDA: ₹97cr (38% margin); PAT: ₹79cr (31% margin).

Outlook

FY27/28 guidance: 30% YoY revenue growth; 35-40% EBITDA margins; ₹400-500cr capex plan.

Risks

Project-specific revenue recognition timing; regional instability in Bahrain; monsoon-led seasonality in dredging operations.

Last quarter's promises, checked

Delivered

  • Guided benchmark margins → delivered 38% EBITDA / 31% PAT (= BEAT)
  • Guided 45+ vessels → delivered 45+ crafts (= BEAT)
  • Guided higher revenue benchmark → delivered ₹256cr FY26 revenue (= BEAT)

Partly delivered

  • Guided <1% turnover tax → delivered 31% PAT margin with mixed tax structure (= PARTIAL)
Source

Earnings Call filed with NSE, NSE: KMEW. Summary written with AI assistance from the document.

Read the document ↗

Knowledge Marine & Engineering Works Ltd: key numbers

Share price
₹2,865.10
Market cap
₹7,267 Cr
Revenue (annual)
₹256.3 Cr
Net profit (annual)
₹78.80 Cr
P/E (TTM)
56.1×Sector 29.0×
Promoter holding
51.56%-2.07% QoQ
FII holding
12.12%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Knowledge Marine & Engineering Works Ltd

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19:30 IST BSE
Credit Rating

Knowledge Marine & Engineering Works Credit Rating

CARE Ratings revised the outlook on Knowledge Marine & Engineering Works Limited's bank facilities to 'Positive', while reaffirming the long-term and short-term credit ratings.

Value
₹700.0 Cr
22:41 IST BSE
New Order Win

Knowledge Marine & Engineering Works Bags ₹279.3 Cr Order from Mumbai Port Authority

Knowledge Marine & Engineering Works Limited secured a 15-year contract valued at ₹279.33 Crore from Mumbai Port Authority for chartering a Green Tug. This order bolsters its marine portfolio.

Value
₹279.3 Cr
From
Mumbai Port Authority
Execution
15 years
Bollard Pull Capacity
60.0 Ton
13:29 IST BSE
Debt & Borrowing

Knowledge Marine & Engineering Works Debt & Borrowing: ₹500 Cr

Knowledge Marine board approved issuance of ₹500 Crore 5-year NCDs to be listed on BSE. EGM for shareholder approval is fixed for 30 Sep 2026.

Value
₹500.0 Cr
19:50 IST NSE
Other Announcement

Knowledge Marine & Engineering Works Other Announcement

The company informed shareholders who have not registered their email addresses how to access the FY 2025-26 Annual Report and the 11th AGM Notice.

19:40 IST NSE
Annual General Meeting

Knowledge Marine & Engineering Works Annual General Meeting

Knowledge Marine & Engineering Works Limited will hold its 11th Annual General Meeting on September 30, 2026, to discuss financial statements and shareholder resolutions.

19:34 IST BSE
Annual Report

Knowledge Marine & Engineering Works Annual Report

Knowledge Marine & Engineering Works Limited has submitted its Annual Report and Notice of the 11th Annual General Meeting for the financial year 2025-26.