ALPHA TRIBE

Seamec LimitedPPTs, 30-01-2026: Investor Presentation

30-01-2026 | 10:37 pm

SEAMEC delivered a stellar Q3 FY26, achieving its highest-ever quarterly revenue and profit. Standalone revenue surged 139% YoY to ₹316.5 Cr, with PAT at ₹101.3 Cr. For 9M FY26, standalone revenue grew 40% YoY to ₹630.9 Cr, and PAT jumped 173% YoY to ₹155.1 Cr. This strong performance was fueled by peak vessel deployment and successful execution of turnkey projects.

Recent highlights include completing the NLM 9 platform revamp for ONGC ahead of schedule. Vessels like Seamec Glorious, Seamec III, and Seamec Agastya commenced new contracts, ensuring high utilization. Seamec Paladin is undergoing drydocking before returning to its ONGC charter.

Management sees continued strong prospects, driven by robust investments in India's oil & gas sector and growing energy demand. The company is actively expanding its fleet, including the August 2025 acquisition of Seamec Agastya, capitalizing on opportunities in offshore exploration, with India's oilfield services market projected for 14% CAGR growth.

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