Synopsis: This stock provides dredging services, signed MoUs worth Rs. 1,560 crore with major port authorities at India Maritime Week 2025 to supply, manage and operate tug vessels, including battery-powered green tugs.
This company provides dredging services, owns and operates marine craft, and repairs, maintains and refits marine crafts and marine infrastructure is now in focus after signing MoUs worth Rs. 1,560 Crores for green maritime innovation.
With market capitalization of Rs. 2,911 cr, the shares of Knowledge Marine & Engineering Works Limited are currently trading at Rs. 2,670 per share, increasing 15% in today’s market session, making a high of Rs. 2,770, from its previous close of Rs. 2,418.50 per share. The stock has delivered an 88% return over the past 6 months.
News
Knowledge Marine & Engineering Works Limited announced the signing of multiple high-impact MoUs worth Rs. 1,560 crore with Mumbai Port Authority, V.O. Chidambaranar Port Authority and Maharashtra Maritime Board at India Maritime Week 2025.
These agreements include chartering, manning, operation, maintenance and complete technical management of conventional harbour tugs for 7 years, a GTTP-compliant battery-operated harbour green tug for 15 years, dock tugs, security patrol boats, and support for shipbuilding and ship repair facilities.
The company stated that these partnerships mark a major milestone in its transition towards sustainable next-gen maritime solutions, reinforcing its alignment with India’s green shipping goals and strengthening its position in ancillary craft, shipbuilding and maritime engineering. As per Augustt data , the order book stands at Rs. 1000 cr as of July 2025.
About the company
The Company provides multiple solutions of marine engineering, including dredging at various ports, carrying out repair and refit services of naval and merchant ships, conducting hydrographic and magnetometer surveys and technical solutions for maintenance and operations of vessels. Over the years, it has become an established player in the small marine craft business segment and dredging services in India and have evolved from a small ship-repair unit to a ship-owning Company.
Sales of the company are almost flat at Rs. 48 cr in Q1FY26 to Rs. 47 cr in Q4FY25. Operating profit slightly rose from Rs. 17 cr to Rs. 20 cr. Net profit stands flat at Rs. 11 cr.
The company showcases strong capital efficiency with ROCE at 24.7% and ROE at 25.8%. It has also delivered robust profit growth of 61.3% CAGR over the last 5 years, supported by a consistent high ROE track record of 29.3% over 3 years. FII’s have increased their stake from 0.48 in Q1FY26 to 0.72 in Q2FY26.
Written by Manideep Appana
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