Knowledge Marine & Engineering Works has outlined a robust growth trajectory backed by a ₹3,000 crore bid pipeline and full fleet utilization. The company, engaged in dredging, charter hire, and shipbuilding, shared its strategic outlook during an investor meet organized by Hem Securities Ltd. on June 19, 2026. Management emphasized the government's focus on maritime infrastructure as a key driver for future opportunities.

The company operates through three primary business verticals: dredging services, charter hire, and shipbuilding. Management highlighted that the Indian dredging industry is expected to grow at approximately 8.4% CAGR, with capital dredging demand projected to rise significantly by 2030. To capitalize on this, KMEW is focusing on green maritime initiatives, having secured two Green Tug contracts. Each Green Tug costs approximately ₹90 crore to construct, carries a 15-year contract tenure, and benefits from a 20% shipbuilding subsidy.

KMEW’s current order book stands strong across its segments. The company reported a total order book of approximately ₹1,633 crore, with charter hire contributing the largest share. Dredging accounts for 70% of the revenue mix, while shipbuilding contributes 21% and charter hire & ancillary services make up 7%. Management confirmed 100% utilization across dredging and charter hire assets, ensuring steady earnings visibility.

Significant expansion is underway with the acquisition of 15 acres at Saphale (Palghar) near Vadhavan Port. The company plans a capital expenditure of approximately ₹300 crore across three phases over 2.5–3 years, with Phase-I expected to be operational next year. This facility will support Green Tug construction and future shipbuilding orders. For FY27, KMEW plans to acquire bigger capacity Trailing Suction Hopper Dredgers, Cutter Suction Dredgers, and Green and Conventional Tugs.

To finance this fleet expansion and larger dredger acquisitions, the company is evaluating an additional fund raise of ₹150–200 crore. This follows a previous ₹285 crore preferential allotment. The bid pipeline, estimated at ₹3,000 crore, includes projects expected from the Inland Waterways Authority of India and Dredging Corporation of India Limited. Management remains optimistic, citing Maritime Vision 2047 and inland waterway development as key enablers for sustained growth.

Knowledge Marine & Engineering Works Limited disclosed that its Promoter and Promoter Group held 1,31,08,670 equity shares of Rs. 5/- each as of March 31, 2026. The filing confirms that none of these equity shares were encumbered directly or indirectly during the financial year ended March 31, 2026. The disclosure was submitted to the stock exchanges in compliance with Regulation 31 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulation, 2011.

The filing was made by Kanak Sujay Kewalramani, Promoter, Whole-time Director & CFO, on behalf of all the Promoters & Promoter Group. The submission was addressed to the Listing Department of BSE Limited and the Listing & Compliance Department of The National Stock Exchange of India Limited.

Promoter and Promoter Group Details

The disclosure identifies the individuals and entities comprising the Promoter and Promoter Group. The list includes two promoters and twenty-two members of the promoter group or persons acting in concert.

List of Promoters

List of Promoter Group / Persons Acting in Concert

The registered office of Knowledge Marine & Engineering Works Limited is located at Unit No. 706-707, The Epicentre, W. T. Patil Marg, Off Eastern Freeway, BEST Colony, Near Shivaji Chowk, Chembur - East, Mumbai-400071.