Knowledge Marine & Engineering Works has announced the receipt of a significant order worth ₹59.00 crore, marking a notable business development for the shipbuilding company.

Order Details

The company has secured this substantial contract, which represents a major addition to its order book. The ₹59.00 crore order demonstrates continued market demand for Knowledge Marine's marine engineering services and solutions.

Business Impact

This order win is expected to contribute positively to the company's revenue pipeline and business growth. The contract reinforces Knowledge Marine & Engineering Works' position in the marine engineering sector and highlights the company's ability to secure substantial orders in the shipbuilding industry.

Company Profile

Knowledge Marine & Engineering Works operates in the ship building sector and is classified as a small-cap company. The company specializes in marine engineering services and has established itself as a player in the maritime industry, focusing on delivering engineering solutions for marine applications.

Knowledge Marine & Engineering Works Limited (KMEW) has released its investor presentation for the un-audited consolidated and standalone financial results for the quarter and half year ended September 30, 2025. The company's performance and strategic initiatives highlight its growth trajectory and expansion into new maritime segments.

Financial Highlights

KMEW has demonstrated robust financial performance in H1 FY26. Here's a breakdown of key financial metrics:

The company has maintained a strong EBITDA margin of 40.91% in H1 FY26, showcasing operational efficiency despite challenging market conditions.

Strategic Milestones and Expansion

1. 10-Year Anniversary: KMEW celebrated its 10-year milestone, marking a decade of transformation from a ship-repair enterprise to a leader in India's maritime ecosystem.

2. Green Tug Contracts: The company secured significant contracts in the green tug segment:

   • A Rs. 326.93 crore contract with VOC Port for a 15-year tenure
   • A Rs. 325.70 crore contract with VPA for a 15-year tenure

3. Cruise Tourism Entry: KMEW entered the maritime tourism sector with a project from MP Tourism to build and operate a luxury cruise ship on River Narmada for 20 years.

4. Shipbuilding Expansion: The company has expanded into ship design, construction, and vessel building with confirmed work orders from IWAI.

Order Book and Future Outlook

KMEW reported a strong order book across its business segments:

This robust order book provides revenue visibility and underscores the company's diversified business model.

Management Commentary

Saurabh Daswani, Managing Director of KMEW, stated, "Our performance in H1 FY26 reflects our strategic focus on high-margin segments and our ability to secure long-term contracts. The entry into green tugs and cruise tourism aligns with India's maritime vision and positions us for sustainable growth."

Conclusion

KMEW's H1 FY26 results and strategic initiatives demonstrate the company's commitment to growth and innovation in the maritime sector. With a strong order book and expansion into new segments, KMEW is well-positioned to capitalize on the opportunities presented by India's evolving maritime landscape.

Investors should note that while the company has shown resilience in its financial performance, the slight dip in net profit warrants attention to cost management and operational efficiencies in the coming quarters.