Seamec Limited
Quick Take
- • Trading at 17.1× trailing earnings (11.4× forward)
- • Strong ROE at 19.7%
- • Low leverage (D/E 0.27)
- • Modest dividend yield of 0.12%
- • Operating margin 24.9% · Net margin 24.7%
- • Profit growth +7.20% YoY · Beta 0.20
Latest quarter · Jun 2026
| ₹ Cr | Jun 2026 | QoQ | YoY |
|---|---|---|---|
| Revenue | 297 | -9.17% | +40.76% |
| Operating Profit | 94 | -16.81% | +13.25% |
| Net Profit | 81 | -21.36% | +6.58% |
| EPS (₹) | 31.95 | -21.50% | +7.21% |
About the company
From latest AR & concallSeamec 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 and is based in Mumbai, India. Seamec Limited operates as a subsidiary of HAL Offshore Limited.
