Seamec Limited — Investor Meet, 26-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

SEAMEC reported strong Q4 FY26 consolidated revenue of ₹330 Cr (+58% YoY) and full-year revenue of ₹1,000 Cr (+47% YoY), with PAT at ₹103 Cr (Q4) and ₹253 Cr (FY26). The company expects ~15% growth in FY27 with 40-42% EBITDA margins.

Operational highlights include ONGC NLM9 platform revamping, SEAMEC AGASTYA integration, and two new ONGC O&M contracts (90% share) securing revenue until 2028. Acquisition of SEAMEC ANANT (~₹581 Cr CAPEX) is expected soon. Geopolitical tensions in West Asia pose risks; SEAMEC Paladin is currently stuck in dry dock due to regional conflict. Management is confident about growth but cautious on aggressive expansion given market cycles.