More news about Knowledge Marine & Engineering Works
27Aug 26
Knowledge Marine raises FY27 growth guide to over 60%
Revenue growth guidance for FY27 raised to over 60% from initial 30-40% estimate. Company targets ₹1,000 crore revenue by FY29 with dredging and shipbuilding as key drivers. Long-term EBITDA margins guided at 35-40%, significantly lower than Q1 FY27's 64%. FY29 revenue mix projected: 45-50% dredging, 40-45% shipbuilding, 5% chartering.
Knowledge Marine Q1 net profit up 5.5x YoY to ₹617 million
Knowledge Marine & Engineering Works reported Q1 net profit of ₹617 million, up from ₹111 million in the same quarter last year, reflecting a rise of over 5.5x YoY. Revenue grew to ₹1.15 billion from ₹485 million, while EBITDA rose to ₹734 million from ₹199 million. EBITDA margin expanded sharply to 63.60% from 41.12%, underscoring strong operational leverage during the quarter.