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 ₹ 4,835 Cr.
- Current Price ₹ 1,978
- High / Low ₹ 2,285 / 733
- Stock P/E 86.4
- Book Value ₹ 86.2
- Dividend Yield 0.00 %
- ROCE 23.8 %
- ROE 19.8 %
- Face Value ₹ 5.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 58.9% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.0%
Cons
- Stock is trading at 23.0 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 95.2 to 118 days.
- 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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 9 | 6 | 17 | 26 | 49 | 195 | 139 | 149 | 200 | |
| 7 | 4 | 11 | 14 | 20 | 127 | 99 | 92 | 120 | |
| Operating Profit | 2 | 2 | 6 | 12 | 30 | 68 | 41 | 57 | 80 |
| OPM % | 22% | 32% | 34% | 45% | 60% | 35% | 29% | 38% | 40% |
| 0 | 0 | 1 | 0 | 0 | 1 | 3 | 5 | 7 | |
| Interest | 0 | 0 | 1 | 1 | 2 | 2 | 3 | 7 | 11 |
| Depreciation | 0 | 0 | 1 | 2 | 2 | 4 | 5 | 8 | 12 |
| Profit before tax | 2 | 1 | 4 | 9 | 26 | 63 | 35 | 48 | 63 |
| Tax % | 34% | 24% | 19% | 28% | 26% | 26% | 29% | 27% | |
| 1 | 1 | 3 | 7 | 19 | 47 | 25 | 35 | 56 | |
| EPS in Rs | 1.96 | 6.90 | 3.18 | 9.50 | 21.57 | 11.52 | 16.19 | 24.28 | |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 54% |
| 3 Years: | 44% |
| TTM: | 47% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 59% |
| 3 Years: | 22% |
| TTM: | 101% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 153% |
| 3 Years: | 49% |
| 1 Year: | 153% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 29% |
| 3 Years: | 26% |
| Last Year: | 20% |
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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 2 | 2 | 10 | 10 | 11 | 11 | 11 | 11 |
| Reserves | 2 | 3 | 6 | 15 | 35 | 120 | 148 | 183 | 200 |
| 3 | 9 | 14 | 11 | 21 | 24 | 10 | 94 | 146 | |
| 4 | 10 | 5 | 4 | 16 | 47 | 27 | 43 | 80 | |
| Total Liabilities | 8 | 24 | 27 | 41 | 81 | 202 | 196 | 331 | 437 |
| 6 | 8 | 23 | 24 | 49 | 56 | 65 | 120 | 190 | |
| CWIP | 0 | 8 | 0 | 3 | 2 | 8 | 12 | 50 | 27 |
| Investments | 1 | 1 | 2 | 1 | 4 | 12 | 29 | 62 | 49 |
| 1 | 8 | 3 | 13 | 27 | 126 | 89 | 99 | 170 | |
| Total Assets | 8 | 24 | 27 | 41 | 81 | 202 | 196 | 331 | 437 |
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 | |
|---|---|---|---|---|---|---|---|---|
| 1 | 8 | 30 | 18 | 45 | 40 | |||
| -9 | -5 | -29 | -24 | -32 | -128 | |||
| 2 | 6 | 7 | 41 | -21 | 77 | |||
| Net Cash Flow | -7 | 9 | 9 | 35 | -8 | -11 | ||
| Free Cash Flow | -8 | 3 | 4 | 1 | 28 | -61 | ||
| CFO/OP | 20% | 81% | 119% | 49% | 133% | 89% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 34 | 14 | 22 | 7 | 24 | 108 | 59 | 118 |
| Inventory Days | 0 | |||||||
| Days Payable | ||||||||
| Cash Conversion Cycle | 34 | 14 | 22 | 7 | 24 | 108 | 59 | 118 |
| Working Capital Days | 5 | -398 | -147 | -43 | -90 | 19 | 30 | 9 |
| ROCE % | 16% | 29% | 35% | 55% | 59% | 24% | 24% |
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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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
20h - CARE report for Q4 FY26 shows nil deviation; Rs 13.63 crore utilised from Rs 284.81 crore preferential proceeds.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release (Revised)
4 May - KMEW acquired ~15 acres waterfront land at Saphale, Palghar, with 5-acre option, for a new shipyard.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
4 May - KMEW acquired ~15 acres waterfront land in Saphale, Palghar, with 5-acre option, for a shipyard.
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Clarification With Respect To Significant Increase In The Volume Of Security
28 Apr - Company says recent trading volume increase is market-driven, with no internal event disclosed.
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Clarification sought from Knowledge Marine & Engineering Works Ltd
28 Apr - Exchange has sought clarification from Knowledge Marine & Engineering Works Ltd on April 28, 2026, with reference to Movement in Volume.
Annual reports
Concalls
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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.