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 ₹ 8,446 Cr.
- Current Price ₹ 3,330
- High / Low ₹ 3,409 / 1,243
- Stock P/E 64.2
- Book Value ₹ 223
- Dividend Yield 0.00 %
- ROCE 17.2 %
- ROE 21.1 %
- Face Value ₹ 5.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 64.3% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 20.0%
Cons
- Stock is trading at 14.9 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -1.26%
- Tax rate seems low
* 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
Services Services Engineering Services Dredging
Part of BSE Services BSE 1000 Nifty Total Market Nifty Smallcap 500 Nifty Microcap 250
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| 9 | 6 | 17 | 26 | 49 | 195 | 139 | 149 | 225 | 307 | |
| Sales growth | -30% | +178% | +54% | +88% | +294% | -28% | +7% | +51% | +100% | |
| 7 | 4 | 11 | 14 | 20 | 127 | 99 | 92 | 137 | 161 | |
| Operating Profit | 2 | 2 | 6 | 12 | 30 | 68 | 41 | 57 | 89 | 146 |
| OPM % | 22% | 32% | 34% | 45% | 60% | 35% | 29% | 38% | 39% | 48% |
| 0 | 0 | 1 | 0 | 0 | 1 | 3 | 5 | 19 | 21 | |
| Interest | 0 | 0 | 1 | 1 | 2 | 2 | 3 | 7 | 14 | 17 |
| Depreciation | 0 | 0 | 1 | 2 | 2 | 4 | 5 | 8 | 17 | 20 |
| Profit before tax | 2 | 1 | 4 | 9 | 26 | 63 | 35 | 48 | 77 | 130 |
| Tax % | 34% | 24% | 19% | 28% | 26% | 26% | 29% | 27% | -1% | |
| 1 | 1 | 3 | 7 | 19 | 47 | 25 | 35 | 78 | 132 | |
| EPS in Rs | 0.65 | 2.30 | 3.18 | 9.50 | 21.57 | 11.52 | 16.19 | 31.89 | 54.23 | |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 54% |
| 3 Years: | 5% |
| TTM: | 100% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 64% |
| 3 Years: | 19% |
| TTM: | 276% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 137% |
| 3 Years: | 75% |
| 1 Year: | 139% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 25% |
| 3 Years: | 20% |
| Last Year: | 21% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 2 | 2 | 10 | 10 | 11 | 11 | 11 | 12 |
| Reserves | 2 | 3 | 6 | 15 | 35 | 120 | 148 | 183 | 533 |
| 3 | 9 | 14 | 11 | 21 | 24 | 10 | 94 | 222 | |
| 4 | 10 | 5 | 4 | 16 | 47 | 27 | 39 | 15 | |
| Total Liabilities | 8 | 24 | 27 | 41 | 81 | 202 | 196 | 326 | 783 |
| 6 | 8 | 23 | 24 | 49 | 56 | 65 | 120 | 213 | |
| CWIP | 0 | 8 | 0 | 3 | 2 | 8 | 12 | 50 | 99 |
| Investments | 1 | 1 | 2 | 1 | 4 | 12 | 29 | 1 | 3 |
| 1 | 8 | 3 | 13 | 27 | 126 | 89 | 155 | 467 | |
| Total Assets | 8 | 24 | 27 | 41 | 81 | 202 | 196 | 326 | 783 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 8 | 30 | 18 | 45 | 40 | 48 | |||
| -9 | -5 | -29 | -24 | -32 | -103 | -419 | |||
| 2 | 6 | 7 | 41 | -21 | 77 | 388 | |||
| Net Cash Flow | -7 | 9 | 9 | 35 | -8 | 14 | 17 | ||
| Free Cash Flow | -8 | 3 | 4 | 1 | 28 | -61 | -111 | ||
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 20% | 81% | 119% | 49% | 133% | 82% | 66% |
Ratios
Standalone / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 34 | 14 | 22 | 7 | 24 | 108 | 59 | 118 | 93 |
| Inventory Days | 0 | ||||||||
| Days Payable | |||||||||
| Cash Conversion Cycle | 34 | 14 | 22 | 7 | 24 | 108 | 59 | 118 | 93 |
| Working Capital Days | 5 | -398 | -147 | -43 | -90 | 19 | 30 | 9 | -101 |
| ROCE % | 16% | 29% | 35% | 55% | 59% | 24% | 24% | 17% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Total Fleet Size Vessels |
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| Workforce (Permanent Employees) Count |
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| Order Book (Un-executed) Rs Cr |
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| Order Wins (Annual) Rs Cr |
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| Bid Pipeline (Forward-looking) Rs Cr |
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| Port Ancillary Vessels Vessels |
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| Trailing Suction Hopper Dredgers (TSHD) Vessels |
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| Cutter Suction Dredgers (CSD) Vessels |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
- Earnings call for Q2 and H1 FY26-27 on November 6, 2026 at 2:00 PM IST.
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Board Meeting Intimation for Approval Of The Un-Audited Standalone And Consolidated Financial Results Of The Company For The Quarter & Half Year
Ended September 30, 2026
- Board meets November 6, 2026 to approve Q2 and half-year FY2026 results; trading window closed till November 8.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
- KMEW wins 3-year NMPA maintenance dredging order worth ₹303.17 crore from October 30, 2026.
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Announcement under Regulation 31A (LODR)-(8)(c) Submission of application to Exchange
- Company filed reclassification request with BSE and NSE on October 26, 2026; nine members withdrew.
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Board Meeting Outcome for Outcome Of Board Meeting Dated October 21, 2026
- Board approved promoter-group reclassification to public for 16 members, pending stock exchange approval.
Annual reports
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Annual Report 2026
from bse
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Annual Report 2025
from bse
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Annual Report 2024
from bse
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Annual Report 2023
from bse
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Annual Report 2022
from bse
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Annual Report 2021
from bse
Concalls
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Sep 2026Transcript REC
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Jun 2026Transcript PPT REC
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Feb 2026Transcript REC
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Nov 2025PPT
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Nov 2025PPT
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Jun 2025PPT
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Feb 2025PPT
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Nov 2024PPT
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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 Divisions - Q1 FY27 [1]
a) Dredging and Ancillary Services (83%):[2]
The company undertakes capital dredging, maintenance dredging, river dredging, and sand mining, supported by a specialised fleet of 19 dredging assets, comprising Trailing Suction Hopper Dredgers (TSHDs), Cutter Suction Dredgers (CSDs), self-propelled grab dredgers, backhoe dredgers, and hopper barges.
The company owns, operates, and charters 27+ ancillary crafts across major Indian ports, including conventional, hybrid, and GTTP tugs, pilot boats, speed patrol boats, mooring boats, service boats, multicat support vessels, and survey vessels. [3]