SEAMEC Ltd

SEAMEC Ltd Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

SEAMEC Ltd

₹ 868 0.42%
13 Jun 4:01 p.m.
seamec.in BSE: 526807 NSE: SEAMECLTD
About

SEAMEC Ltd owns and operates 4 multi-support vessels for the provision of diving services, manned and unmanned subsea operations and related activities. It has also diversified into main fleet shipping vertical by acquiring 3 bulk carriers of various sizes.[1] It owns the largest fleet of multi-functional vessels in India.[2]

Key Points

Business Profile[1] Seamec Limited, a subsidiary of MMG Group, operates in offshore and marine services, providing a range of operations through its fleet of Diving Support Vessels (DSVs), Offshore Support Vessels (OSVs), and bulk carriers.

Website BSE NSE
  • Market Cap ₹ 2,201 Cr.
  • Current Price ₹ 868
  • High / Low ₹ 1,670 / 780
  • Stock P/E 19.0
  • Book Value ₹ 388
  • Dividend Yield 0.12 %
  • ROCE 12.9 %
  • ROE 12.4 %
  • Face Value ₹ 10.0
Edit ratios

Pros

Cons

  • Tax rate seems low
  • Company has a low return on equity of 13.8% over last 3 years.

* 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 Transport Services Shipping

Part of BSE SmallCap BSE Allcap BSE Services

Edit Columns
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
69 111 75 95 117 195 67 197 223 205 78 140 194
62 77 41 74 91 147 46 111 129 132 65 96 103
Operating Profit 7 34 34 21 26 48 21 86 94 74 13 44 92
OPM % 10% 31% 45% 22% 22% 24% 32% 43% 42% 36% 16% 31% 47%
12 5 12 1 -2 25 10 8 11 13 24 -8 13
Interest 2 1 1 1 0 1 3 3 4 4 3 3 3
Depreciation 20 20 27 18 27 26 26 26 28 28 28 30 30
Profit before tax -3 18 18 3 -3 45 2 65 73 55 5 3 72
Tax % -77% -11% 11% -137% -81% 0% 0% 2% -4% 6% 40% 22% 18%
-1 19 16 6 -1 45 2 63 76 51 3 2 59
EPS in Rs -0.27 7.63 6.32 2.51 -0.23 17.85 0.80 24.84 29.86 20.24 1.20 0.88 23.13
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
408 350 328 208 194 304 365 229 294 399 666 617
380 288 291 320 160 200 213 176 191 283 417 396
Operating Profit 28 61 37 -112 33 103 153 53 103 116 249 221
OPM % 7% 18% 11% -54% 17% 34% 42% 23% 35% 29% 37% 36%
15 36 23 18 19 26 30 96 44 15 54 42
Interest 1 1 1 3 1 1 2 1 4 4 12 14
Depreciation 38 37 47 48 49 48 46 43 66 93 106 116
Profit before tax 5 60 12 -145 2 81 136 105 77 35 185 134
Tax % 80% 10% 50% 3% 87% 5% 4% 7% 1% -17% -1% 14%
1 54 6 -150 0 77 130 98 76 41 187 116
EPS in Rs 0.31 15.94 2.27 -58.84 0.11 30.17 51.18 38.40 29.79 16.24 73.39 45.45
Dividend Payout % 0% 6% 0% 0% 0% 0% 2% 3% 0% 0% 1% 0%
Compounded Sales Growth
10 Years: 6%
5 Years: 11%
3 Years: 28%
TTM: -7%
Compounded Profit Growth
10 Years: 10%
5 Years: -2%
3 Years: 20%
TTM: -33%
Stock Price CAGR
10 Years: 23%
5 Years: 18%
3 Years: -5%
1 Year: -23%
Return on Equity
10 Years: 9%
5 Years: 12%
3 Years: 14%
Last Year: 12%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 34 34 25 25 25 25 25 25 25 25 25 25
Reserves 438 488 395 245 245 322 452 545 620 662 846 961
0 13 28 18 7 3 0 6 67 55 243 196
75 76 129 143 132 143 173 58 49 111 130 112
Total Liabilities 547 611 577 431 410 494 650 634 762 852 1,245 1,295
177 216 174 206 168 157 134 143 273 470 415 354
CWIP 0 0 0 1 0 0 1 0 2 0 1 0
Investments 3 10 34 37 45 97 180 227 274 161 226 476
367 385 369 187 197 240 335 265 213 221 603 465
Total Assets 547 611 577 431 410 494 650 634 762 852 1,245 1,295

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
30 136 8 14 30 89 189 85 131 97 166 425
17 -216 74 -4 -22 -84 -162 -85 -191 -45 -320 -387
-0 13 -96 -11 -14 -1 -3 -2 59 -14 149 -61
Net Cash Flow 46 -68 -13 -1 -5 4 24 -2 -1 38 -5 -23

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 133 130 208 191 221 196 153 122 47 96 122 94
Inventory Days
Days Payable
Cash Conversion Cycle 133 130 208 191 221 196 153 122 47 96 122 94
Working Capital Days 105 86 142 -11 29 49 78 177 175 39 131 62
ROCE % 1% 10% 3% -39% 1% 26% 33% 8% 11% 5% 20% 13%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
72.04% 72.05% 72.05% 72.05% 72.05% 72.05% 72.05% 72.05% 72.31% 72.31% 72.31% 72.31%
2.65% 2.80% 2.82% 2.84% 2.65% 2.65% 3.05% 3.15% 3.81% 4.08% 3.44% 3.05%
0.03% 0.03% 0.01% 0.01% 0.00% 0.00% 1.78% 5.38% 5.01% 6.22% 6.47% 6.63%
0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02%
25.26% 25.11% 25.10% 25.07% 25.29% 25.29% 23.11% 19.39% 18.85% 17.37% 17.77% 17.99%
No. of Shareholders 11,83111,43010,58111,39912,82014,11213,75812,86215,24917,03016,78216,525

* 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.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings

Concalls