Knowledge Marine & Engineering Works Ltd
Incorporated in 2015, Knowledge Marine & Engineering Works Ltd provides dredging services, owning and operating marine craft, and repairing, maintaining and refitting marine crafts and marine infrastructure[1]
- Market Cap ₹ 1,977 Cr.
- Current Price ₹ 1,830
- High / Low ₹ 2,039 / 1,005
- Stock P/E 72.6
- Book Value ₹ 146
- Dividend Yield 0.00 %
- ROCE 25.0 %
- ROE 18.8 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 34.9%
Cons
- Stock is trading at 12.5 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last 3 years: -12.6%
- Working capital days have increased from 27.4 days to 60.3 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Ship Building Industry: Miscellaneous
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
17 | 26 | 49 | 195 | 139 | |
11 | 14 | 20 | 127 | 97 | |
Operating Profit | 6 | 12 | 30 | 68 | 43 |
OPM % | 34% | 45% | 60% | 35% | 31% |
1 | 0 | 0 | 1 | 3 | |
Interest | 1 | 1 | 2 | 2 | 3 |
Depreciation | 1 | 2 | 2 | 4 | 5 |
Profit before tax | 4 | 9 | 26 | 63 | 37 |
Tax % | 19% | 28% | 26% | 26% | 26% |
3 | 7 | 19 | 47 | 27 | |
EPS in Rs | 13.80 | 6.37 | 19.03 | 43.14 | 25.22 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 74% |
TTM: | -28% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 61% |
TTM: | -42% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 173% |
1 Year: | 42% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 35% |
Last Year: | 19% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Equity Capital | 2 | 10 | 10 | 11 | 11 |
Reserves | 6 | 15 | 35 | 120 | 147 |
14 | 11 | 21 | 24 | 10 | |
5 | 4 | 16 | 47 | 27 | |
Total Liabilities | 27 | 41 | 81 | 202 | 195 |
23 | 24 | 49 | 56 | 64 | |
CWIP | 0 | 3 | 2 | 8 | 12 |
Investments | 2 | 1 | 4 | 12 | 29 |
3 | 13 | 27 | 126 | 89 | |
Total Assets | 27 | 41 | 81 | 202 | 195 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
1 | 8 | 30 | 18 | 41 | |
-9 | -5 | -29 | -24 | -32 | |
2 | 6 | 7 | 41 | -17 | |
Net Cash Flow | -7 | 9 | 9 | 35 | -8 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Debtor Days | 22 | 7 | 24 | 108 | 71 |
Inventory Days | |||||
Days Payable | |||||
Cash Conversion Cycle | 22 | 7 | 24 | 108 | 71 |
Working Capital Days | -34 | 11 | -35 | 56 | 60 |
ROCE % | 35% | 55% | 59% | 25% |
Documents
Announcements
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Board Meeting Intimation for Declaration Of Unaudited Consolidated And Standalone Financial Results For The Half Year Ended September 30, 2024
31 Oct - Board meeting scheduled to approve financial results.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
28 Oct - KMEW awarded ₹147 crore order for fairway maintenance.
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Announcement under Regulation 30 (LODR)-Credit Rating
15 Oct - CRISIL reaffirms credit ratings for KMEW.
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Receipt Of In-Principle Approval From National Stock Exchange Of India Limited (NSE) For Migration Of The Equity Shares Of The Company From Small And Medium Enterprises Of BSE Limited (BSE-SME) To Main Board Of NSE
11 Oct - In-principle approval for migration to NSE main board.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
11 Oct - Copy of certificate received from Link Intime India Private Limited, Registrar and share transfer agent of the Company certifying the requirements under Regulation 74(5) of …
Annual reports
Concalls
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Jun 2024Transcript PPT
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Nov 2023Transcript PPT REC
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Jun 2023Transcript PPT
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Nov 2022Transcript PPT
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Jun 2022Transcript PPT
Business Overview:[1]
KMEWL is engaged in dredging, owning, chartering/hiring, manning, operating, and technical maintenance of marine crafts, as well as repairs and maintenance of marine infrastructure in India and Myanmar. The company’s fleet includes pilot boats, speed patrol boats, survey boats, grab dredgers, trailing suction hopper dredgers, mooring launches, and service boats. Its operational marine assets include River Pearl 1 through River Pearl 12.