Seamec Limited
SEAMEC Ltd owns and operates 4 multi-support vessels for the provision of diving services, manned and unmanned subsea operations and related activities. It has also diversified into main fleet shipping vertical by acquiring 3 bulk carriers of various sizes.It owns the largest fleet of multi-functional vessels in India.
What Seamec files
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SEAMEC reported strong Q1 FY27 financial results, with consolidated revenue soaring 41% YoY to 296.9 Cr, marking its highest-ever Q1 revenue. This surge was driven by higher vessel deployment, including new contracts for Samudra Sevak and Samudra Prabha, and the newly acquired Seamec Agastya. Consolidated Profit After Tax (PAT) grew...
Here's a concise, retail-friendly summary: 1. **Business Performance:** SEAMEC achieved record annual consolidated revenue of ₹1000 Cr (+47% YoY) and PAT of ₹253.5 Cr (+188% YoY) in FY26. Standalone results were also strong: revenue ₹947.5 Cr (+44% YoY), PAT ₹242.4 Cr (+110% YoY). This reflects higher vessel deployment and utilization...
SEAMEC delivered a stellar Q3 FY26, achieving its highest-ever quarterly revenue and profit. Standalone revenue surged 139% YoY to ₹316.5 Cr, with PAT at ₹101.3 Cr. For 9M FY26, standalone revenue grew 40% YoY to ₹630.9 Cr, and PAT jumped 173% YoY to ₹155.1 Cr. This strong performance was fueled...
SEAMEC's Q2 performance saw consolidated revenue dip 3% YoY to ₹107.5 Cr, resulting in a net loss of ₹25.7 Cr. This was largely due to vessel dry docks, monsoon-related lower deployment, and increased operating costs. However, the first half (H1) showed resilience, with consolidated revenue up 2% YoY to ₹338.2...
**Financial Highlights:** SEAMEC reported strong Q1 FY26 consolidated results: Revenue ₹230.7 Cr (+10% QoQ, +4% YoY), EBITDA ₹116.7 Cr (+28% QoQ, +45% YoY) with a 50.6% margin, and PAT ₹75.8 Cr (+85% QoQ, +52% YoY). Performance improved from lower operating costs and better fleet utilization. Company maintains a healthy net...