Knowledge Marine & Engineering Works Ltd

Knowledge Marine & Engineering Works Ltd

₹ 1,842 -3.80%
05 Jun - close price
About

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]

Key Points

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.

  • Market Cap 4,505 Cr.
  • Current Price 1,842
  • High / Low 2,285 / 763
  • Stock P/E 57.8
  • 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 8.26 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2022 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
117 14 23 30 41 42 36 34 47 82 62
84 10 20 18 26 25 23 20 28 48 40
Operating Profit 34 4 3 11 15 18 13 14 19 34 22
OPM % 29% 32% 13% 38% 36% 42% 37% 40% 40% 41% 36%
0 0 2 0 1 1 3 1 1 3 14
Interest 1 1 1 1 1 3 2 2 4 3 4
Depreciation 2 1 1 2 2 2 2 3 4 4 7
Profit before tax 31 3 2 9 13 14 12 9 12 30 26
Tax % 26% 31% 38% 19% 31% 26% 28% 25% 14% 0% -19%
23 2 2 7 9 10 9 7 10 30 31
EPS in Rs 11.29 0.87 0.70 3.29 4.25 4.66 4.00 3.30 4.63 12.35 12.53
Raw PDF

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: 137%
3 Years: 49%
1 Year: 140%
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 -227
-9 -5 -29 -24 -32 -128 -144
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 -385
CFO/OP 20% 81% 119% 49% 133% 89% -243%

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
Dredged Quantity (Historical Projects)
Million Cum
National Waterway Maintenance Coverage
Kilometers
Target Market Share in Dredging Business
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

9 Recently
Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
67.09% 67.09% 67.09% 67.09% 60.61% 60.66% 60.69% 60.69% 60.69% 60.69% 53.63% 53.63%
0.62% 0.58% 0.33% 0.17% 1.20% 1.03% 0.82% 0.61% 0.48% 0.74% 11.00% 11.75%
0.00% 0.00% 0.00% 0.00% 2.18% 2.85% 2.24% 1.92% 0.15% 0.15% 0.46% 1.71%
32.29% 32.33% 32.58% 32.73% 36.01% 35.46% 36.26% 36.78% 38.67% 38.41% 34.92% 32.91%
No. of Shareholders 8861,0301,7601,9632,1682,3453,9494,5136,0067,50313,16815,365

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

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