Seamec Bags ₹245.7 Cr Order from Larsen & Toubro Limited

Seamec Earnings Call Transcript: Key Takeaways

Consolidated Q2 revenue rose 103% to ₹198.1 Cr and EBITDA to ₹38.3 Cr from ₹7.8 Cr. Growth came from fleet additions and deployment; management hedged on the timing of new contracts.

Call

Guides 15% growth

Seamec Investor Presentation: Key Takeaways

Consolidated Q2 FY27 revenue Rs198.1Cr (+103%), EBITDA Rs38.3Cr (19.3% margin), PAT Rs50.5Cr including Rs42.4Cr exceptional gain. H1 revenue Rs495Cr (+61%).

Seamec Q2 FY27 Results: Turns Profitable, Net Profit ₹50.5 Cr

Seamec Ltd reported revenue from operations of ₹198.1 Cr (+103.4% YoY) and net profit of ₹50.5 Cr for Q2 FY27.

Key figure

Net profit ₹50.5 Cr

Seamec Business Update

Seamec's vessel SEAMEC II was onhired from November 1, 2026 for the PRP-8A and DSF 2 project. No contract value or client was disclosed in this filing.

Seamec Board Meeting Date

Seamec's board meets on 3 November 2026 to consider unaudited quarterly results. The results are not yet approved.

Seamec Other Announcement

SES ESG assigned Seamec an ESG rating of 64.6 (Medium) based on FY25-26 disclosures. No transaction or board decision is involved.

Shree Refrigerations Bags ₹26.44 Cr Order from Garden Reach Shipbuilders & Engineers Limited

Shree Refrigerations secured a Rs 26.44 Crore defence order from Garden Reach Shipbuilders for specialised refrigeration components. Delivery is due by 5 July 2027.

Value

₹26.44 Cr

From

Garden Reach Shipbuilders & Engineers Limited

Execution

Delivery by 05 July 2027

Time Technoplast Bags ₹35 Cr Order from Methanol Chemicals Company, Saudi Arabia

Time Technoplast's Saudi subsidiary won an exclusive one-year supply contract worth Rs. 35 Crore (USD 3.68 Million) from Methanol Chemicals Company (CHEMANOL). The order covers industrial packaging products such as drums, jerry cans and IBCs.

Value

₹35.00 Cr

From

Methanol Chemicals Company (CHEMANOL), Saudi Arabia

Execution

Within one year

Bharat Heavy Electricals Bags ₹600 Cr Order from Power Grid Corporation of India Limited, on behalf of its Project...

BHEL received an order from Power Grid Corporation of India on behalf of its project SPV for two synchronous condensers at Barmer-II HVDC terminal. The order is valued at Rs 600-900 Cr excluding GST and must be executed within 44 months.

Value

₹600.0 Cr

From

Power Grid Corporation of India Limited, on behalf of its Project SPV Company

Execution

44 months

Power Mech Projects Bags ₹489.9 Cr Order from Joint Venture of Elsewedy Electric Power Systems Projects and...

Power Mech Projects' Saudi subsidiary won an international erection contract from an Elsewedy Electric and Sinohydro joint venture for the Rabigh 2 IPP Expansion, with aggregate value of about USD 52.1 million (~INR 492 Crore). The contract runs 20 months from January 2027.

Value

₹489.9 Cr

From

Joint Venture of Elsewedy Electric Power Systems Projects (Branch) and Sinohydro Corporation Limited (Branch), for the Rabigh 2 IPP Expansion Project

Execution

20 months effective from January 1, 2027

RMC Switchgears Bags ₹3.94 Cr Order from M.P. Poorv Kshetra Vidhyut Vitraran Co. Ltd.

RMC Switchgears won a ₹3.94 Crore LOA from MP Poorv Kshetra Vidhyut Vitraran for LT distribution boxes. Execution is due over 36 months.

Value

₹3.94 Cr

From

M.P. Poorv Kshetra Vidhyut Vitraran Co. Ltd.

Execution

36 Months

Waaree Renewable Technologies Bags New Order from A leading Independent Power Producer Company

Waaree Renewable Technologies won an EPC work order for a 285 MWp solar project from an IPP. Execution is due by FY2027-28; no contract value was disclosed.

From

A leading Independent Power Producer (IPP) Company (unnamed)

Execution

Scheduled for completion during FY 2027-28

solar capacity

285.0 MWp