Seamec Limited share price

Key numbers

Market cap

₹ 4,369 Cr

Current price

₹ 1,712.20

52-week high / low

₹ 1,849 / 772

Stock P/E

17.0

Book value

₹ 511.9

Dividend yield

0.12%

ROCE

20.1%

ROE

21.8%

Debt to equity

0.27

Sales growth (3 yrs)

29.5%

Profit growth (3 yrs)

96.7%

1-year return

81.6%

About Seamec Limited

Seamec Limited provides offshore diving support vessel services in India and internationally. The company's services include ROV operation support; inspection, maintenance, removal, and re-installation of single buoy moorings; pigging and retrieval of pigs; de burial and non-destructive testing of pipelines; scanning and magnetic particle inspection of platform members; location and arrest of gas leaks; replacement of caisson pipes and riser sections; installation and removal of risers; crossings and free span corrections; installation of riser clamps and anodes; flare booms repair; inspections and maintenance of PLEMs and pipelines; blowout control; installation of flexible pipeline; and assistance to jack-ups on well head maintenance. It also engages in charter and ship management and operation; operates shipping lines of freight and passenger transportation, as well as undertakes EPC tunnel projects, including road, railway, metro, soft ground, and water tunnels; and owns and operates bulk carriers. The company was formerly known as South East Asia Marine Engineering & Construction Limited and changed its name to Seamec Limited in June 2007. The company was incorporated in 1986…

Quarterly results

Consolidated figures in ₹ crores

Concall summary (2026-08-17)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

• The gradual reopening of offshore activities in Iran could support regional vessel demand over the medium to long term, while Saudi Arabia continues to be strategically important.
• So generally, we always guide investors that we should track between 40% to 42% margins, and we should grow our revenues and business, which will help improve the bottom line going forward.

Growth & demand

• The global offshore energy industry continue to witness healthy structural growth driven by increasing focus on energy security, offshore exploration and production and investment in offshore infrastructure.
• Against this backdrop, demand for specialized offshore vessels and marine services remains encouraging.

Margins & costs

• Consolidated EBITDA for the quarter stood at INR 124 crores, while stand-alone EBITDA stood at INR 117 crores.
• The quarter's operational performance continued to benefit from healthy fleet utilization, efficient project execution, disciplined cost management and improved operational efficiency across both domestic and international assignments.

Capex & expansion

• While the energy transition continues, recent geopolitical development have reinforced the importance of conventional oil and gas, supporting continued investment in domestic exploration and production.
• Increasing exploration, brownfield redevelopment, subsea infrastructure and production optimizations are creating sustained opportunities for experienced offshore services provider.

Risks & challenges

• While geopolitical uncertainties remains, our diversified operations, experienced workforce and disciplined execution provide resilience.
• From this recent incident of this geopolitical risk due to this Middle East crisis, government is now more focused on pushing for the oil exploration so that we can become as much possible as independent on this oil import.

Peers in Marine Shipping

• Adani Ports and Special Economic Zone Limited
• JSW Infrastructure Limited
• The Great Eastern Shipping Company Limited
• The Shipping Corporation of India Limited
• Shreeji Shipping Global Limited
• Gujarat Pipavav Port Limited
• Waterways Leisure Tourism Limited
• Knowledge Marine & Engineering Works Limited
• Transworld Shipping Lines Limited
• Essar Shipping Limited