Knowledge Marine & Engineering Works Ltd

Knowledge Marine & Engineering Works Ltd share price inched up 4.14% to Rs 2707.9 after the company's net profit saw a strong growth of 166.68% to Rs 62.75 crore, while revenue from operations increased sharply by 70.67% to Rs 115.41 crore in Q2FY26 over Q1FY26. The market capitalization of Dredging industry group stocks on BSE stood at Rs 7253.57 crore, jumping 70.67%. It has marginally improved by 4.81% over last one week and jumped by 35.80% in last one month while the market capitalization of Knowledge Marine & Engineering Works Ltd has improved by 7.30% and 42.37% in the same period respectively. Profit before tax (PBT) of Knowledge Marine & Engineering Works Ltd stood at Rs 65.33 crore in Q2 FY26, expanding by 386.81% year-on-year, and rallying 276.98% quarter-on-quarter. EBITDA came in at Rs 70 crore, surging by 262.23% YoY and rallying 776.40% sequentially. Total expenses reduced by 14.99% to Rs 48.22 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 3.66 crore, inching up 6.71% YoY. For the TTM ended FY26, revenue from operations soared by 22.70% to Rs 200.71 crore, while net profit surged by 62.46% to Rs 49.6 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 4891% to Rs 73.01 crore, and PBT surged 52.45% to Rs 62.2 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 58.21 crore in FY26, as against Rs 38.36 crore in FY25. Knowledge Marine & Engineering Works Ltd surged by 217.20% in last one year, significantly outperforming the benchmark BSE Sensex which has softened by 3.05% during the same period.

Knowledge Marine & Engineering Works Limited (KMEW) (BSE: 543273 | NSE: KMEW) announced it has received a work order from the Paradip Port Authority for the hiring of one 25-Knot Speed Patrol-Cum-Chase Boat, along with a manning crew, for a period of five years. The contract is valued at Rs 11,41,01,079/- including GST, and will support Paradip Port's waterfront patrolling capabilities and adherence to ISPS Code requirements. KMEW intends to construct the vessel in-house through its shipbuilding arm, Knowledge Shipyard Private Limited, and anticipates increased demand for specialized marine assets across India’s ports.

Knowledge Marine & Engineering Works Limited will hold a board meeting on August 14, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, and to consider a sub-division of the company’s equity shares with a face value of Rs 5 each, pending shareholder and regulatory approvals. The company, listed on the BSE and NSE under the scrip code KMEW and ISIN INE0CJD01029, had previously closed its trading window for securities dealings from July 1, 2026, and it will remain closed until August 16, 2026.

Knowledge Marine & Engineering Works Limited announced the allotment of 7,64,317 equity shares with a face value of Rs 5 each at an issue price of Rs 1,962.53 per share, including a premium of Rs 1,957.53, for a total amount of Rs 1,49,99,95,042.01 to persons belonging to the non-promoter category, following approval from the company's members on July 19, 2026, and in-principle approval from the BSE Limited and National Stock Exchange of India Limited on July 28, 2026.

Knowledge Marine & Engg. Works announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 19 July 2026.

Knowledge Marine & Engg. Works will hold a meeting of the Board of Directors of the Company on 26 June 2026.

The contract involves the design, construction, supply, testing and commissioning of 10 hybrid electric passenger ferries, each with a capacity of 20 passengers, along with maintenance and support services. The total contract value comprises Rs 65.52 crore, including taxes, towards the construction of the ferries and Rs 0.59 crore, including taxes, towards maintenance and support. The ferries are scheduled to be designed, constructed, supplied, tested and commissioned within 10 months from the receipt of the work order. The contract also includes a maintenance and support commitment for a period of 60 months. The company said the order marks the first external commercial shipbuilding contract secured by Knowledge Shipyard and represents its entry into the green maritime infrastructure segment. Knowledge Marine & Engineering Works is engaged in the business of dredging, marine engineering, repair and maintenance of marine crafts and allied services. Knowledge Marine & Engineering Works is engaged in providing dredging services, owning and operating marine crafts, and undertaking the repair, maintenance and refit of marine crafts and marine infrastructure. The company's consolidated net profit surged 140.68% to Rs 26.21 crore on a 42.42% increase in revenue from operations to Rs 67.62 crore in Q4 FY26 as compared with Q4 FY25.Powered by Capital Market - Live

Knowledge Marine & Engineering Works (KMEW) announced that a consortium comprising Knowledge Shipyard (KSPL), as Lead Partner, and Knowledge Marine & Engineering Works, has received a prestigious contract from the Inland Waterways Authority of India (IWAI), Ministry of Ports, Shipping and Waterways, Government of India, for design, construction, supply, testing and commissioning of 10 Hybrid Electric Passenger Ferries having a capacity of 20 passengers each. The contract carries an aggregate value of Rs 66.11 crore including applicable taxes (Rs 65.52 crore including applicable taxes for construction of ferries and Rs 0.59 crore including applicable taxes for maintenance and support) and is scheduled to be executed over a period of 10 months, followed by a 60-month maintenance and support commitment, enabling the Group to establish a long-term engagement with a marquee Government client.

Net profit of Knowledge Marine & Engineering Works rose 140.68% to Rs 26.21 crore in the quarter ended March 2026 as against Rs 10.89 crore during the previous quarter ended March 2025. Sales rose 42.42% to Rs 67.62 crore in the quarter ended March 2026 as against Rs 47.48 crore during the previous quarter ended March 2025. For the full year,net profit rose 58.20% to Rs 78.80 crore in the year ended March 2026 as against Rs 49.81 crore during the previous year ended March 2025. Sales rose 27.69% to Rs 256.28 crore in the year ended March 2026 as against Rs 200.71 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales67.6247.48 42 256.28200.71 28 OPM %27.4835.13 -37.7538.97 - PBDT25.0216.78 49 97.4273.63 32 PBT17.3313.68 27 78.7562.20 27 NP26.2110.89 141 78.8049.81 58 Powered by Capital Market - Live

Knowledge Marine & Engg. Works will hold a meeting of the Board of Directors of the Company on 29 May 2026.