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Earnings Call

Seamec Earnings Call: Key Takeaways

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.

Why this was an Alfa AlertNot a filter event. FY27 guidance of 15% growth does not meet the >50% threshold for filter events.
Highlights
Revenue growth47% YoY for FY26; 58% for Q4.
MarginsGuiding stable margins of 40-42% for FY27.
Order bookTwo significant O&M contracts with ONGC through 2028.
Demand visibilityStrong; buoyancy in offshore sector and energy security priorities.
Management confidenceHigh; citing highest-ever annual revenue and profitability.

Growth

FY26 Consolidated Revenue up 47% to ₹1,000cr; EBITDA up 83% to ₹447cr; PAT jumped 187% to ₹253cr.

Outlook

Guiding 15% top-line and bottom-line growth for FY27; planned $70m capex for SEAMEC ANANT acquisition.

Risks

Geopolitical conflict in West Asia stalling vessel movement (Seamec Paladin); potential rupee strengthening impacting international earnings.

Source

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

Read the document ↗

Seamec Ltd: key numbers

Share price
₹1,712.20
Market cap
₹4,353 Cr
Revenue (annual)
₹952.5 Cr
Net profit (annual)
₹251.4 Cr
P/E (TTM)
16.9×Sector 29.0×
Promoter holding
72.72%+0.00% QoQ
FII holding
5.93%Current quarter

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

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