Seamec Q4 FY26 Results: Net Profit ₹103.7 Cr, Up 152.9% YoY
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.
- Key figure
- Net profit ₹103.7 Cr · +152.9% YoY
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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.
Seamec Limited reported a standalone annual total income of ₹947.52 Crore. The board also recommended a 20% dividend for the financial year 2025-26.
Seamec Limited announced the cancelled deployment of vessel "SEAMEC PRINCESS" for Lamprell Energy due to bad weather. This non-commencement affects the current season's operational revenue.
Seamec Ltd scheduled a board meeting on May 18, 2026, to approve FY2025-26 annual financial results and consider dividend recommendations.
Seamec Limited announced that 'SAMUDRA PRABHA' was off hired effective May 12, 2026. This termination is due to operational reasons and impacts current vessel deployment.
Seamec Limited secured a ₹20.14 Crore charter contract from Lamprell Energy for vessel offshore activities. The 15-day charter includes an option for extension.
Seamec Ltd successfully completed the handover and takeover of vessel 'SAMUDRA PRABHA' on May 8, 2026. The vessel is now delivered for contract execution.
SEAMEC LIMITED submitted its initial disclosure for FY 2026, confirming it does not fall under the 'Large Corporate' criteria. The company reported outstanding qualified borrowings of ₹254.24 Crore and a CRISIL A+/Watch Developing credit rating.
Seamec Limited, in consortium with Supreme Hydro Pvt Ltd, has executed a contract with ONGC for the operation and maintenance of the MSV 'Samudra Sevak'. The contract covers the 2026-2028 period. Terms remain unchanged from the previous notification of award.
Seamec Limited announced that its vessel 'SEAMEC SWORDFISH' has been put back on hire effective April 24, 2026, at 07:16 hrs. This follows the successful redressal of a previously reported technical defect. The update ensures operational continuity for the vessel.
Seamec Limited signed a contract extension worth ₹0.65 Crore with Larsen & Toubro Limited for its vessel 'SEAMEC GLORIOUS'. The charter hire period is extended until May 15, 2026, with a further 15-day optional extension, ensuring continued vessel utilization and revenue visibility.
Seamec Limited has extended the charter hire for its vessel 'SEAMEC GLORIOUS' with Larsen & Toubro Limited until May 15, 2026. The contract extension is valued at ₹6.54 Crore, excluding GST. The agreement includes an option for a further 15-day extension on a day-to-day basis.
SEAMEC Limited reported technical downtime for its vessel 'SEAMEC SWORDFISH' effective April 23, 2026. The company is currently redressing the technical issue on priority and will provide updates upon rectification and resumption of operations. This operational halt may temporarily impact vessel availability and revenue visibility.
Seamec Limited announced that its vessel 'SEAMEC PRINCESS' successfully completed its assigned job scope on April 21, 2026. This follows a prior update from April 1, 2026, regarding the vessel's deployment status.
Seamec Limited announced that its vessel 'SEAMEC AGASTYA' has returned to the field and was put back on hire effective April 21, 2026. This follows the completion of technical redressal for the vessel. The return to service restores the company's operational capacity and revenue-generating potential.
Seamec Limited announced that its vessel 'SEAMEC DIAMOND' has completed statutory drydocking and resumed its contract with ONGC. The vessel was put on hire effective April 10, 2026, at 21:36 hrs. This operational update confirms the return of a key asset to active revenue-generating service.
Seamec Limited announced that its vessel 'SEAMEC AGASTYA' was temporarily taken out of field effective April 9, 2026, due to technical defects. The company will provide updates once the technical issues are redressed. This operational disruption may impact short-term service delivery.
Seamec Ltd reported net profit of ₹99.8 Cr for Q3 FY26.
SEAMEC Limited submitted its quarterly compliance certificate under SEBI Regulation 74(5) for the period ended March 31, 2026. The registrar, MCS Share Transfer Agent Limited, confirmed the processing and listing of dematerialised securities within the stipulated 15-day period.