Seamec Limited has informed the Exchange about Transcript
SEAMECLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Seamec Limited filed the transcript of its Q1 FY26 earnings call held on August 14, 2025. Consolidated revenue rose 4% YoY to INR 231 Cr, while consolidated EBITDA jumped 45% YoY to INR 117 Cr and PAT grew to INR 76 Cr (from INR 50 Cr). Standalone PAT rose to INR 80 Cr. The company reported 93% fleet efficiency and confirmed two vessel acquisitions — Nusantara (expected completion in August 2025) and Seamec Anant (expected by October 2025) — both with 3-4 year contracts. Swordfish is on a 2-year charter with Saudi Aramco. Management is engaging Grant Thornton to review the ~3-4% management fees paid to parent MMG. UK subsidiary investment is partly expected to return to India after project completion, with no significant opex impact.
Strong Q1 results with sharp EBITDA and PAT growth signal improving operational leverage as the company replaces older vessels with newer, more efficient ones. Addition of Nusantara and Anant should boost revenue visibility through FY27, though management declined to give explicit revenue or margin guidance, urging investors to rely on research reports.