Seamec Investor Presentation: Key Takeaways
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.
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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 Limited announced the resignation of CFO Vinay Kumar Agarwal and the appointment of Ashok Kumar Verma. The company also appointed and re-appointed several board directors.
Seamec Ltd has fixed August 21, 2026, as the record date for its final dividend of Rs. 2 per share for FY 2025-26.
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 Limited has scheduled a board meeting on August 13, 2026, to consider and approve the unaudited standalone and consolidated financial results for the June quarter.
Seamec Limited's vessel 'SEAMEC SWORDFISH' has gone off-hire for planned maintenance. The company will notify the exchange upon its resumption.
Seamec Ltd entered a diving services agreement with HAL Offshore Limited for the vessel 'SAMUDRA PRABHA'. The contract is valued at approximately ₹90.43 Crore.
Seamec Ltd signed a diving agreement with promoter HAL Offshore Ltd for subsea services on the ONGC vessel Samudra Sevak, valued at approx. ₹95.62 Crore.
Seamec Limited entered a Diving Agreement with promoter HAL Offshore Limited to avail subsea services. The contract is valued at approximately ₹90.432 Crore.
Seamec Limited has entered into a Diving Agreement with its promoter, HAL Offshore Limited, valued at ₹95.62 Crore, for subsea services on the ONGC vessel SAMUDRA SEVAK.
Seamec Limited will acquire the vessel 'SEAMEC ANANT' from HAL Offshore Limited for USD 70 million. The acquisition is a related party transaction.
Seamec's vessel 'Samudra Sevak' is off-hire effective July 18, 2026, due to technical issues requiring emergency docking.
Seamec Limited issued a Postal Ballot notice seeking shareholder approval to sell the vessel SEAMEC GALLANT. E-voting will occur between July 17 and August 15, 2026.
Seamec Limited modified its prior board meeting outcome to clarify that shareholder approval will be sought through Postal Ballot. This correction addresses a typographical error.
Seamec Limited secured a USD 5.21 million (₹50.02 Crore) charter agreement from Lamprell Energy Limited. The 180-day contract involves vessel deployment at ONGC's offshore fields.
SEAMEC Limited secured a USD 5.21 million (approx. ₹50.02 Crore) charter hire contract from Lamprell Energy Limited. The 180-day agreement involves the barge 'SEAMEC GLORIOUS' supporting ONGC projects.
Seamec's subsidiary will sell the vessel 'SEAMEC GALLANT' for USD 9.5 million (Rs. 90.25 Crore). The transaction requires shareholder approval via special resolution.
Seamec Limited announced its vessel 'SAMUDRA PRABHA' is on hire effective July 11, 2026. This follows the successful completion of a DG Shipping inspection.
Seamec Ltd announced its vessel SEAMEC PALADIN arrived in India on July 2, 2026. It will rejoin ONGC's charter in 15 days after formalities.
Seamec Ltd's vessel SEAMEC AGASTYA has been off-hired due to a technical defect. Operations will resume once the issue is resolved.
SEAMEC Limited successfully completed its pipeline replacement projects with G R Infraprojects Limited. The vessel SEAMEC III has been off-hired and is scheduled for drydocking.
Seamec Ltd announced its vessel 'SAMUDRA PRABHA' has been hired by ONGC effective May 30, 2026. This deployment marks a operational milestone for its fleet.
Seamec Limited announced that its vessel 'SEAMEC DIAMOND' resumed operations on May 27, 2026. The vessel was on-hired following the successful resolution of technical issues.
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 Limited successfully completed its barge charter with Larsen & Toubro. The SEAMEC GLORIOUS vessel was off-hired effective May 22, 2026.
Seamec Limited's vessel 'SEAMEC DIAMOND' has been off-hired effective May 21, 2026, due to technical reasons. Operations will resume following redressal of the issues.
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 Limited re-appointed G.M. Kapadia & Co. as its Internal Auditor for a twelve-month term. This board-approved appointment ensures continued independent internal financial oversight.
Seamec Limited recommended a final dividend of ₹2 per equity share for FY 2025-26. The record date and general meeting schedule will be announced later.