Seamec Annual General Meeting
Seamec Limited held its 39th AGM on September 25, 2026. Shareholders approved financial statements, a Rs. 2 per share dividend, and various director appointments.
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Seamec Limited held its 39th AGM on September 25, 2026. Shareholders approved financial statements, a Rs. 2 per share dividend, and various director appointments.
CRISIL Ratings has revised the long-term rating to Crisil A+/Stable and reaffirmed the short-term rating at Crisil A1 for Seamec Limited's bank facilities.
Seamec Ltd announced that its vessel 'SEAMEC AGASTYA' has returned to the field and is officially on hire, effective September 19, 2026.
Seamec Limited announced the completed sale of the bulk carrier vessel "SEAMEC GALLANT," which was owned by its wholly owned subsidiary, Seamec International FZE.
Seamec's vessel SEAMEC AGASTYA was off-hired on 8 September 2026 due to a technical issue. The company will notify upon resolution of the defect.
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 strong Q1FY27 results with 41% YoY revenue growth, driven by higher vessel deployment. Management is focusing on fleet expansion and the encouraging offshore energy outlook in India.
Seamec Ltd reported revenue from operations of ₹296.9 Cr (+40.8% YoY) and net profit of ₹81.3 Cr (+7.3% YoY) for Q1 FY27.
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.
Seamec Ltd reported revenue from operations of ₹327.1 Cr (+63.9% YoY) and net profit of ₹103.7 Cr (+152.9% YoY) for Q4 FY26.