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 ₹ 5,459 Cr.
- Current Price ₹ 2,240
- High / Low ₹ 2,409 / 763
- Stock P/E 70.0
- 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 64.2% 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 10.0 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Promoter holding has decreased over last 3 years: -13.5%
* 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.
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 | |
|---|---|---|---|---|---|---|---|---|---|
| 9 | 6 | 17 | 26 | 49 | 195 | 139 | 149 | 225 | |
| 7 | 4 | 11 | 14 | 20 | 127 | 99 | 92 | 137 | |
| Operating Profit | 2 | 2 | 6 | 12 | 30 | 68 | 41 | 57 | 89 |
| OPM % | 22% | 32% | 34% | 45% | 60% | 35% | 29% | 38% | 39% |
| 0 | 0 | 1 | 0 | 0 | 1 | 3 | 5 | 19 | |
| Interest | 0 | 0 | 1 | 1 | 2 | 2 | 3 | 7 | 14 |
| Depreciation | 0 | 0 | 1 | 2 | 2 | 4 | 5 | 8 | 17 |
| Profit before tax | 2 | 1 | 4 | 9 | 26 | 63 | 35 | 48 | 77 |
| Tax % | 34% | 24% | 19% | 28% | 26% | 26% | 29% | 27% | -1% |
| 1 | 1 | 3 | 7 | 19 | 47 | 25 | 35 | 78 | |
| EPS in Rs | 1.96 | 6.90 | 3.18 | 9.50 | 21.57 | 11.52 | 16.19 | 31.89 | |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 54% |
| 3 Years: | 5% |
| TTM: | 51% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 64% |
| 3 Years: | 19% |
| TTM: | 123% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 144% |
| 3 Years: | 57% |
| 1 Year: | 163% |
| 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 | 43 | 15 | |
| Total Liabilities | 8 | 24 | 27 | 41 | 81 | 202 | 196 | 331 | 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 | 62 | 3 |
| 1 | 8 | 3 | 13 | 27 | 126 | 89 | 99 | 467 | |
| Total Assets | 8 | 24 | 27 | 41 | 81 | 202 | 196 | 331 | 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 | -128 | -419 | |||
| 2 | 6 | 7 | 41 | -21 | 77 | 388 | |||
| Net Cash Flow | -7 | 9 | 9 | 35 | -8 | -11 | 17 | ||
| Free Cash Flow | -8 | 3 | 4 | 1 | 28 | -61 | -111 | ||
| CFO/OP | 20% | 81% | 119% | 49% | 133% | 89% | 66% |
Ratios
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 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 2023 | May 2024 | Sep 2025 | |
|---|---|---|---|
| Order Book Value INR Crores |
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| Number of Marine Assets / Vessels Number |
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| Dredged Quantity (Historical Projects) Million Cum |
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| National Waterway Maintenance Coverage Kilometers |
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| Target Market Share in Dredging Business % |
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Extracted by Screener AI
Documents
Announcements
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Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
1d - Promoter Kanak Kewalramani sold 5,12,820 shares on June 19, 2026; holding fell to 51.56%.
- Closure of Trading Window 2d
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Board Meeting Intimation for Raising Of The Funds
2d - Board meets June 26, 2026 to consider fund raising and EGM notice.
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Announcement under Regulation 30 (LODR)-Code of Conduct under SEBI (PIT) Regulations, 2015
21 Jun - Kanak Kewalramani and Dinesh Kewalramani sold 5,12,820 shares on 19 June 2026.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
21 Jun - Investor meet on 19 June 2026 outlined ₹300 crore Safale capex, ₹150–200 crore fund raise, and ₹3,000 crore pipeline.
Annual reports
Concalls
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Jun 2026Transcript PPT REC
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Feb 2026TranscriptPPTREC
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Nov 2025TranscriptAI SummaryPPT
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Nov 2025TranscriptAI SummaryPPT
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Jun 2025TranscriptAI SummaryPPT
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Feb 2025TranscriptAI SummaryPPT
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Nov 2024TranscriptAI SummaryPPT
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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.