Knowledge Marine & Engineering Works Ltd

Knowledge Marine & Engineering Works Ltd share price ticked higher by 4.05% to Rs 655.45. The Company's net profit witnessed a sharp fall of 65.69% to Rs 21.53 crore, while revenue from operations nosedived 38.64% to Rs 70.81 crore in Q2FY27 over Q2FY26. The market capitalization of Dredging industry group stocks on BSE stood at Rs 9398.17 crore, tumbling by 38.64%. It has improved by 5.41% over last one week and advanced by 14.02% in last one month while the market capitalization of Knowledge Marine & Engineering Works Ltd has inched up 5.54% and 29.86% in the same period respectively. Profit before tax (PBT) of Knowledge Marine & Engineering Works Ltd stood at Rs 29.35 crore in Q2 FY27, surging by 114.23% year-on-year, and nosediving by 55.07% quarter-on-quarter. EBITDA came in at Rs 18 crore, slipping 4.90% YoY and tanking 74.59% sequentially. Total expenses saw a slight increase of 1.06% to Rs 48.73 crore in Q2FY27 over Q2FY26. During the quarter, employee benefits expense was at Rs 4.3 crore, soaring 17.49% YoY. For FY26, revenue from operations soared by 27.69% to Rs 256.28 crore, while net profit surged by 60.08% to Rs 79.4 crore, compared to previous FY. EBITDA witnessed a strong improvement of 7925% to Rs 81.47 crore, and PBT surged 27.09% to Rs 79.05 crore compared to previous FY. The company's consolidated net cash flow from operating activities stood at Rs 200.4 crore in FY26, as against Rs 19.47 crore in FY25. Knowledge Marine & Engineering Works Ltd jumped 137.12% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 2.74% during the same period.

Knowledge Marine & Engineering Works Ltd share price gained 4.05% to Rs 655.45. The Company's net profit witnessed a sharp fall of 65.69% to Rs 21.53 crore, while revenue from operations nosedived 38.64% to Rs 70.81 crore in Q2FY27 over Q2FY26. The market capitalization of Dredging industry group stocks on BSE stood at Rs 9398.17 crore, plunging by 38.64%. It has improved by 5.41% over last one week and climbed by 14.02% in last one month while the market capitalization of Knowledge Marine & Engineering Works Ltd has marginally improved by 5.54% and 29.86% in the same period respectively. Profit before tax (PBT) of Knowledge Marine & Engineering Works Ltd stood at Rs 29.35 crore in Q2 FY27, expanding by 114.23% year-on-year, and tumbling by 55.07% quarter-on-quarter. EBITDA came in at Rs 18 crore, slipping 4.90% YoY and crashing by 74.59% sequentially. Total expenses inched up 1.06% to Rs 48.73 crore in Q2FY27 over Q2FY26. During the quarter, employee benefits expense was at Rs 4.3 crore, soaring 17.49% YoY. For FY26, revenue from operations witnessed a strong growth of 27.69% to Rs 256.28 crore, while net profit jumped 60.08% to Rs 79.4 crore, compared to previous FY. EBITDA surged by 7925% to Rs 81.47 crore, and PBT soared 27.09% to Rs 79.05 crore compared to previous FY. The company's consolidated net cash flow from operating activities stood at Rs 200.4 crore in FY26, as against Rs 19.47 crore in FY25. Knowledge Marine & Engineering Works Ltd rallied 127.90% in last one year, significantly outperforming the benchmark BSE Sensex which has softened by 4.80% during the same period.

Knowledge Marine & Engineering Works Ltd. is currently trading at Rs 3113.4, up 0.78%, while the stock has declined 1.15% over the last one week. Knowledge Marine & Engineering Works Limited (KMEW) has secured a Rs 303.17 crore, three-year maintenance dredging contract from New Mangalore Port Authority (NMPA), covering the fiscal years 2026-27, 2027-28, and 2028-29, marking the company’s largest-ever dredging order and a strategic move towards higher-volume projects. The contract, which includes dredging 15.9 million cubic meters over the period, was awarded after KMEW emerged as the lowest bidder, undercutting competitors by approximately 10.16%. Operations are slated to begin November 15, 2026, and the award significantly expands KMEW’s order book and provides multi-year revenue visibility. Trading volume totaled 1.16 lakh shares today, a decrease of 20.38% from the one-week average volume. Knowledge Marine & Engineering Works Ltd. jumped by 161.55% year-over-year, outperforming the 11.96% loss registered by the NIFTY50 index.

Knowledge Marine & Engineering Works Limited submitted an application to the BSE Limited and the National Stock Exchange of India Limited on October 26, 2026, seeking approval for the reclassification of certain members of the promoter and promoter group, following board approval on October 19 and October 21, 2026; the application excludes Pankaj Gurbani, Bharti Mukesh Daswani, Divya Chandnani, Jasmine Andnani, Narayandas Gurbani, Lalit Gurbani, Viyan Kewalramani, Viya Kewalramani, and Tanya Karamchandani, who had withdrawn their reclassification requests, holding a total of 180 shares, a negligible percentage.

Knowledge Marine & Engineering Works Limited informed the BSE Limited and The National Stock Exchange of India Limited that its board of directors approved a request from several members of the promoter group, including Dinesh Kewalramani, Pankaj Gurbani, and Bharti Daswani, to reclassify from the ‘Promoters/Promoter group’ category to the ‘Public’ category, in accordance with Regulation 31A of the SEBI (Listing Obligation & Disclosure Requirement) Regulations, 2015. The approval is subject to confirmation from the stock exchanges, and the company will comply with the necessary Listing Regulations.

Knowledge Marine & Engineering Works Limited received requests from 16 members of its promoter group seeking reclassification from the Promoter Group Category to the Public Category, the company said in a regulatory filing with the BSE Limited and The National Stock Exchange of India Limited on October 19, 2026. The requests, dated October 16, 2026, will be considered by the company’s board of directors and are subject to approval from the stock exchanges, in accordance with Regulation 31A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Knowledge Marine & Engineering Works Limited has fixed November 6, 2026, as the record date for the sub-division or split of its equity shares, according to a regulatory filing with the BSE Limited and The National Stock Exchange of India Limited. The company will split one equity share with a face value of Rs 5 into five equity shares with a face value of Rs 1, ranking pari passu in all respects.

Knowledge Marine & Engineering Works Limited informed the BSE Limited and The National Stock Exchange of India Limited that its board will consider the un-audited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, on or before November 14, 2026, and the trading window for directors, promoters, and other designated persons will be closed from October 1, 2026, until 48 hours after the results are declared.

Knowledge Marine & Engineering Works Ltd share price slipped 1.04% to Rs 2860.8. The Company's net profit jumped 166.68% to Rs 62.75 crore, while revenue from operations gained significantly 70.67% to Rs 115.41 crore in Q2FY26 over Q1FY26. The market capitalization of Dredging industry group stocks on BSE stood at Rs 8724.73 crore, jumping 70.67%. It has eased by 0.58% over last one week and advanced by 14.85% in last one month while the market capitalization of Knowledge Marine & Engineering Works Ltd has softened by 0.54% and 28.60% in the same period respectively. Profit before tax (PBT) of Knowledge Marine & Engineering Works Ltd stood at Rs 65.33 crore in Q2 FY26, surging by 386.81% year-on-year, and rallying 276.98% quarter-on-quarter. EBITDA came in at Rs 70 crore, expanding by 262.23% YoY and expanding by 776.40% sequentially. Total expenses fell 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 jumped by 27.69% to Rs 256.28 crore, while net profit soared by 60.08% to Rs 79.4 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 7925% to Rs 81.47 crore, and PBT surged 27.09% to Rs 79.05 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 74.34 crore in FY26, as against Rs 58.21 crore in FY25. Knowledge Marine & Engineering Works Ltd surged by 127.42% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 8.95% during the same period.

Knowledge Marine & Engineering Works Ltd has announced a revision in credit ratings for its various credit facilities, as communicated to the BSE Limited and The National Stock Exchange of India Limited. CARE Ratings Limited (“CARE Ratings”) has upgraded the outlook to “BBB+; Positive” for Long Term Bank Facilities amounting to Rs 502.25 crores, and reaffirmed “A2” for Short Term Bank Facilities, while also reaffirming “A2” for Short Term Bank Facilities totaling Rs 186.75 crores; similarly, CARE Ratings reaffirmed “BBB+; Stable/ CARE A2” for Long Term/ Short Term Bank Facilities amounting to Rs 11.00 crores, with the outlook revised from Stable to Positive for all aforementioned instruments, and a full rating letter is available on the company website at www.kmew.in.