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Seamec Limited SEAMECLTD NSEINFRA

Industrials · Marine Shipping · India
https://www.seamec.in

Seamec Limited provides offshore oilfield and 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; 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; scanning and magnetic particle inspection of platform members; 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 is a subsidiary of HAL Offshore Limited.

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₹1,614.60
+78.05% 1Y

Market & Price

Market Cap
₹4,119.49 Cr
Current Price
₹1,614.60
High / Low (52W)
₹1,633.60 / ₹781.25
Beta
0.12

Valuation

Stock P/E
16.34
Industry PE
27.78
Forward P/E
-
PEG Ratio
-
Book Value
₹422.75
Price to Book
3.82
P/S
4.33
EV/EBITDA
10.69
Dividend Yield
-

Profitability & Returns

ROCE
18.69%
ROE
21.95%
ROA
9.36%
Profit Margin
26.39%
Op Margin
33.63%
EPS (Latest Qtr)
₹40.70
EPS (TTM)
₹98.81

Balance Sheet & Liquidity

Debt/Equity
0.27
Quick Ratio
1.62
Current Ratio
1.89
Debt
₹352.92 Cr
Total Assets
₹1,860.76 Cr
Current Assets
₹584.25 Cr
Working Capital
₹275.53 Cr

Ownership

Promoter Holding
76.07%
Chg in Prom Hold
-
FII / Inst Holding
3.92%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
₹4,272.00 Cr
Total Revenue (TTM)
₹952.46 Cr
EBITDA
₹399.57 Cr
Free Cash Flow
₹-201.82 Cr
Operating Cash Flow
₹321.30 Cr
Shares Outstanding
₹2.54 Cr
Gross Margin
49.47%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
29.92%
Profit 5Y
96.75%
Revenue (YoY)
63.80%
Earnings (YoY)
140.70%

PROS

  • Strong return on equity of 21.9%.
  • Excellent profit margin of 26.4%.
  • Compounding revenue at 29.9% over 5 years.
  • Profit CAGR of 96.8% over 5 years.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

Price Chart

NSE TradingView Screener.in

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Industrials).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 SEAMECLTD Seamec Limited NSEINFRA 1,614.60 16.34 ₹4,119.49 Cr - 18.69% 21.95% 29.92% 96.75%
2 LT Larsen & Toubro Limited NIFTY50NSEAIINFRA 4,076.50 34.84 ₹5.61 L Cr 0.93% 14.55% 16.95% 16.09% 15.38%
3 ADANIPORTS Adani Ports and Special Economic Zone Limited NIFTY50NSEINFRA 1,804.60 30.96 ₹4.16 L Cr 0.42% 11.02% 15.59% 22.93% 34.11%
4 HAL Hindustan Aeronautics Limited NSEAIDEFENCEINFRAPSU 4,303.80 31.55 ₹2.88 L Cr 1.16% 13.80% 23.98% 7.87% 16.08%
5 POWERINDIA Hitachi Energy India Limited NIFTY_MIDNSEINFRA 38,445.00 172.41 ₹1.71 L Cr 0.02% 24.92% 21.04% 22.24% 119.12%
6 INDIGO InterGlobe Aviation Limited NSEINFRA 4,405.00 - ₹1.70 L Cr 0.24% 15.53% - 44.12% 72.60%
7 CUMMINSIND Cummins India Limited NSEINFRA 5,881.00 68.97 ₹1.63 L Cr 1.12% 34.95% 29.45% 16.07% 24.35%
8 CGPOWER CG Power and Industrial Solutions Limited NSEINFRA 917.45 118.99 ₹1.44 L Cr 0.14% 19.35% 19.56% 21.67% 7.81%
9 POLYCAB Polycab India Limited NIFTY_MIDNSEAIINFRA 9,477.50 53.48 ₹1.43 L Cr 0.37% 30.44% 24.58% 26.57% 28.11%
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Quarterly Results

Figures in INR.

Metric Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue -149.34 Cr199.62 Cr210.92 Cr97.42 Cr317.05 Cr327.07 Cr
Cost of Revenue -57.76 Cr60.76 Cr103.51 Cr67.38 Cr70.87 Cr84.25 Cr
Gross Profit -91.58 Cr138.86 Cr107.41 Cr30.04 Cr246.18 Cr242.82 Cr
Operating Expenses -80.82 Cr91.16 Cr44.66 Cr60.26 Cr146.19 Cr132.84 Cr
Operating Income -10.76 Cr47.70 Cr62.75 Cr-30.22 Cr99.99 Cr109.98 Cr
EBITDA -83.00 L57.86 Cr82.57 Cr-20.16 Cr114.38 Cr113.26 Cr
Interest Expense -3.42 Cr4.12 Cr3.52 Cr4.96 Cr6.48 Cr5.83 Cr
Pretax Income --2.59 Cr53.74 Cr79.05 Cr-25.12 Cr107.90 Cr107.43 Cr
Tax Provision -64.00 L12.72 Cr3.26 Cr61.00 L8.14 Cr3.73 Cr
Net Income --3.32 Cr42.98 Cr75.77 Cr-27.48 Cr99.62 Cr103.48 Cr
Diluted EPS 0.04-1.3116.9129.80-10.8139.1840.70

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue -434.33 Cr725.97 Cr651.82 Cr952.46 Cr
Cost of Revenue -328.61 Cr470.29 Cr228.84 Cr285.00 Cr
Gross Profit -105.72 Cr255.68 Cr422.98 Cr667.46 Cr
Operating Expenses -89.25 Cr143.12 Cr339.92 Cr424.96 Cr
Operating Income -16.47 Cr112.56 Cr83.06 Cr242.50 Cr
EBITDA -146.38 Cr271.08 Cr252.94 Cr447.23 Cr
Interest Expense -6.80 Cr16.25 Cr15.49 Cr20.79 Cr
Pretax Income -27.61 Cr120.03 Cr106.84 Cr269.26 Cr
Tax Provision --5.96 Cr-61.77 L18.93 Cr15.74 Cr
Net Income -33.01 Cr119.71 Cr89.62 Cr251.39 Cr
Diluted EPS 32.7313.2047.0835.26-

Compounded Sales Growth

5 Years:29.92%
1 Year:63.80%

Compounded Profit Growth

5 Years:96.75%
1 Year:140.70%

Stock Price Performance

1 Year:+78.05%
6 Months:+79.56%
3 Months:+20.56%
1 Month:+5.17%

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets -1,064.12 Cr1,407.45 Cr1,379.18 Cr1,860.76 Cr
Current Assets -313.69 Cr527.09 Cr367.96 Cr584.25 Cr
Cash & Equivalents -78.56 Cr55.73 Cr35.61 Cr77.16 Cr
Inventory -41.20 Cr54.29 Cr43.14 Cr55.82 Cr
Receivables -105.86 Cr227.65 Cr159.26 Cr312.21 Cr
Total Liabilities -272.58 Cr495.04 Cr372.42 Cr556.99 Cr
Current Liabilities -206.90 Cr280.07 Cr218.57 Cr308.72 Cr
Long Term Debt -47.36 Cr181.52 Cr120.59 Cr197.66 Cr
Total Debt -138.72 Cr326.75 Cr230.56 Cr352.92 Cr
Total Equity -790.33 Cr911.42 Cr1,007.87 Cr1,301.52 Cr
Shares Outstanding -2.54 Cr2.54 Cr2.54 Cr2.54 Cr

Cash Flows (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow -53.28 Cr149.99 Cr298.52 Cr321.30 Cr
Investing Cash Flow --4.98 Cr-317.55 Cr-164.90 Cr-392.39 Cr
Financing Cash Flow --41.77 Cr141.58 Cr-111.68 Cr93.70 Cr
Capital Expenditure --291.90 Cr-322.32 Cr-53.88 Cr-379.38 Cr
Free Cash Flow --238.62 Cr-172.33 Cr244.64 Cr-58.08 Cr
Net Change in Cash -6.53 Cr-25.98 Cr21.94 Cr22.61 Cr

Ratios (Annual)

Figures in %.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % -24.3%35.2%64.9%70.1%
Operating Margin % -3.8%15.5%12.7%25.5%
Net Margin % -7.6%16.5%13.7%26.4%
ROE % -4.2%13.1%8.9%19.3%
ROCE % -1.9%10.0%7.2%15.6%

Shareholding Pattern

Insiders
76.07%
Institutions
3.92%
Public Float
16.37%

Analyst View

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