Seamec Q2 FY27 investor presentation: consolidated revenue up 103% to Rs 198.1 crore, PAT Rs 50.5 crore
Q2 FY27 consolidated revenue up 103% to Rs 198.1 crore; PAT Rs 50.5 crore from a loss, including Rs 42.4 crore exceptional gain.
By ScoutQuest · · 1 min read
- Q2 FY27 consolidated revenue
- Rs 198.1 crore against Rs 97.4 crore a year earlier
- Q2 FY27 profit after tax
- Rs 50.5 crore against a loss of Rs 25.7 crore
- Exceptional gain
- Rs 42.4 crore on the sale of vessel Seamec Gallant owned by Seamec International FZE
- Period
- Q2 FY27 and H1 FY27
- Positioning
- SEAMEC calls itself a trusted offshore services partner for customers in India and overseas, owning and operating 7 DSV vessels, 1 OSV and 1 accommodation barge, plus bulk carriers run through UAE subsidiaries.
📉 Consolidated Q2 FY27 net revenue was Rs 198.1 crore against Rs 97.4 crore a year earlier, EBITDA Rs 38.3 crore against Rs 7.8 crore and EBITDA margin 19.3% against 8.0%. Profit after tax was Rs 50.5 crore against a loss of Rs 25.7 crore, but the table prints an exceptional gain of Rs 42.4 crore on the sale of vessel Seamec Gallant owned by Seamec International FZE, so the swing is not operating growth alone.
📈 Sequentially the quarter softened: consolidated EBITDA margin eased to 19.3% from 41.7% in Q1 FY27 and profit after tax to Rs 50.5 crore from Rs 81.3 crore. For the half year the deck prints consolidated revenue of Rs 495 crore against Rs 308 crore and profit after tax of Rs 132 crore against Rs 50 crore, marked as 61% and 159% increases.
📉 On a standalone basis Q2 FY27 revenue was Rs 183.6 crore against Rs 82.4 crore, EBITDA Rs 31.2 crore against Rs 0.2 crore and profit after tax Rs 4.2 crore against a loss of Rs 25.8 crore. The company credits newly acquired vessel Seamec Agastya, new contracts for Samudra Sevak and Samudra Prabha and higher deployment of Seamec II and Swordfish, while noting repair work in Samudra Prabha worth Rs 12.50 crore.
📉 The presentation says gross debt fell to Rs 153 crore at H1 FY27 from Rs 328 crore at FY26, with net debt of -227.40 and ROCE of 20%. It states that SEAMEC Agastya began operations in FY26 and SEAMEC Anant in October 2026, and that a long-term charter on Anant plus fresh deployments of SEAMEC II and Glorious support near-term revenue growth.
Also from Seamec
Seamec posts audio recording of Q2 FY27 earnings call held November 04, 2026
4 Nov 2026
Board approves consolidated Q2 results; auditor's review conclusion unmodified
3 Nov 2026
Vessel SEAMEC II starts PRP-8A and DSF 2 project, considered onhired from 1st November 2026
1 Nov 2026
More numbers
- Net Revenue, Q2 FY27 (consolidated)198.1 (Rs. in Crore)
- EBITDA, Q2 FY27 (consolidated)38.3 (Rs. in Crore)
- Profit After Tax, Q2 FY27 (consolidated)50.5 (Rs. in Crore)
- Exceptional Item (Gain), Q2 FY27 (consolidated)42.4 (Rs. in Crore)
- Net Revenue, Q2 FY26 (consolidated)97.4 (Rs. in Crore)
- Profit After Tax, Q2 FY26 (consolidated)(25.7) (Rs. in Crore)
- EBITDA Margin, Q2 FY27 (consolidated)19.3%
- Net Revenue, H1 FY27 (consolidated)495 (Rs. in Crore)
- Profit After Tax, H1 FY27 (consolidated)132 (Rs. in Crore)
- Gross Debt, H1 FY27 (consolidated)153 (Rs. Cr)
- Repair work cost, Samudra Prabha, Q2 FY27Rs 12.50 Crores
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