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 ₹ 1,786 Cr.
- Current Price ₹ 1,654
- High / Low ₹ 1,879 / 1,005
- Stock P/E 46.0
- Book Value ₹ 155
- Dividend Yield 0.00 %
- ROCE 24.0 %
- ROE 25.8 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 82.8% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 38.3%
Cons
- Stock is trading at 10.7 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -6.48%
- Debtor days have increased from 73.7 to 96.4 days.
- Working capital days have increased from 40.5 days to 82.3 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
11 | 11 | 24 | 33 | 61 | 202 | 164 | |
8 | 6 | 16 | 20 | 29 | 133 | 114 | |
Operating Profit | 3 | 4 | 8 | 13 | 32 | 69 | 50 |
OPM % | 24% | 41% | 32% | 40% | 53% | 34% | 30% |
0 | 0 | 0 | 0 | 1 | 1 | 3 | |
Interest | 0 | 1 | 1 | 2 | 2 | 2 | 4 |
Depreciation | 0 | 1 | 2 | 2 | 2 | 4 | 6 |
Profit before tax | 2 | 3 | 5 | 9 | 28 | 63 | 43 |
Tax % | 34% | 10% | 20% | 28% | 25% | 26% | 23% |
1 | 3 | 5 | 7 | 21 | 48 | 39 | |
EPS in Rs | 1,320.00 | 7.60 | 18.16 | 6.37 | 19.89 | 43.97 | 36.03 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 73% |
3 Years: | 70% |
TTM: | -19% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 83% |
3 Years: | 81% |
TTM: | -18% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 177% |
1 Year: | 13% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 39% |
3 Years: | 38% |
Last Year: | 26% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Equity Capital | 0 | 2 | 2 | 10 | 10 | 11 | 11 |
Reserves | 2 | 4 | 8 | 17 | 37 | 123 | 156 |
7 | 11 | 16 | 17 | 26 | 25 | 60 | |
5 | 12 | 9 | 7 | 20 | 50 | 31 | |
Total Liabilities | 14 | 30 | 36 | 51 | 94 | 209 | 258 |
11 | 12 | 27 | 28 | 53 | 59 | 107 | |
CWIP | 0 | 8 | 0 | 3 | 2 | 8 | 12 |
Investments | 0 | 1 | 1 | 0 | 5 | 11 | 29 |
3 | 9 | 7 | 20 | 34 | 131 | 110 | |
Total Assets | 14 | 30 | 36 | 51 | 94 | 209 | 258 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
3 | 11 | 2 | 5 | 35 | 21 | 34 | |
-10 | -9 | -11 | -4 | -31 | -23 | -72 | |
7 | 5 | 4 | 9 | 7 | 35 | 32 | |
Net Cash Flow | -0 | 7 | -6 | 10 | 11 | 33 | -5 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Debtor Days | 57 | 36 | 46 | 4 | 24 | 101 | 96 |
Inventory Days | |||||||
Days Payable | |||||||
Cash Conversion Cycle | 57 | 36 | 46 | 4 | 24 | 101 | 96 |
Working Capital Days | 1 | -276 | -14 | 61 | -15 | 55 | 82 |
ROCE % | 24% | 27% | 30% | 50% | 55% | 24% |
Documents
Announcements
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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
10h - In-principle approval for migration to NSE main board.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10h - 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 …
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
3 Oct - KMEW awarded ₹17.77 crore contract for dredging at Kandla Port.
- Closure of Trading Window 27 Sep
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Receipt Of In-Principle Approval From BSE Limited (BSE) For Migration Of The Equity Shares Of The Company From Small And Medium Enterprises Of BSE Limited (BSE-SME) To Main Board Of BSE
25 Sep - Received in-principle approval for migration to BSE main board.
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.