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Knowledge Marine & Engineering Works Ltd

NSE: KMEW BSE: 543273Infra

Incorporated in 2015, Knowledge Marine & Engineering Works Ltd provides dredging services, owning and operating marine craft, and repairing, maintaining and refitting marine crafts and marine infrastructure[1]

2,093
52W: ₹733 — ₹2285
PE 91.4 · Book ₹86.2 · +2328% vs book
Market Cap₹5,117 Cr
Stock P/E91.4Price to Earnings
ROCE23.8%Return on Capital
ROE19.8%Return on Equity
Div. Yield0%Face Value ₹5

Strengths

  • +Company is expected to give good quarter
  • +Company has delivered good profit growth of 58.9% CAGR over last 5 years
  • +Company has a good return on equity (ROE) track record: 3 Years ROE 26.0%

Weaknesses

  • Stock is trading at 23.8 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Debtor days have increased from 95.2 to 118 days.
  • Promoter holding has decreased over last 3 years: -13.5%

Shareholding Pattern

Promoters53.63%
FIIs11.75%
DIIs1.71%
Public32.91%
CategoryMar 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters60.61%60.66%0.060.69%0.060.69%60.69%60.69%53.63%7.153.63%
FIIs1.2%1.03%0.20.82%0.20.61%0.20.48%0.10.74%0.311%10.311.75%0.8
DIIs2.18%2.85%0.72.24%0.61.92%0.30.15%1.80.15%0.46%0.31.71%1.3
Public36.01%35.46%0.536.26%0.836.78%0.538.67%1.938.41%0.334.92%3.532.91%2.0

Financial Statements

MetricSep 2022Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales117142330414236344782
Expenses84102018262523202848
Operating Profit344311151813141934
OPM %29%32%13%38%36%42%37%40%40%41%
Net Profit23227910971030
EPS ₹11.290.870.73.294.254.6643.34.6312.35

AI Insights

Revenue Trend

TTM revenue at ₹200Cr, up 34.2% YoY. OPM at 40%.

Debt Position

Borrowings at ₹146Cr. Debt-to-equity ratio: 0.73x. Moderate leverage.

Capex Cycle

CWIP at ₹27Cr (14% of fixed assets). Moderate ongoing capital expenditure.

Institutional Flow

DIIs: 1.71% (+1.71pp change). FIIs: 11.75% (+11.13pp change). Promoters hold 53.63%.

Margin & Efficiency

ROCE improving from 0% (Mar 2018) to 24% (Mar 2025). Working capital days: 9.

Valuation

PE 91.4x with 23.8% ROCE. Price is 2328% above book value of ₹86.2. Dividend yield: 0%.

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