Knowledge Marine & Engineering Works logo

Knowledge Marine & Engineering Works

KMEW NSE

Key Fundamentals

MicrocapDredgingEngineering Services
Market Cap
₹6,918 Cr
Volatility
Moderate
P/E Ratio
53.68
EBITDA
₹96.75 Cr
Return on Equity
22.56%
Debt to Equity
0.39
Book Value
₹289.74
52W High
₹3,175
52W Low
₹868.5

Tapetide Score

Data-driven rating, 0–100. How it works →

Key Insights

Strengths

3
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 64.5% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 21.6%

Weaknesses

4
  • Stock is trading at 12.3 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -3.64%
  • Tax rate seems low

Growth Rate

Revenue Growth
24.47% higher than 3Y
Net Income Growth
46.07% higher than 3Y
Cash Flow Change
50.78% lower than 3Y
ROE
25.82% higher than 3Y
ROCE
18.58% higher than 3Y
EBITDA Margin (Avg.)
-12.15% lower than 3Y

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 69d ago
AI opinion · based on fundamentals
Risk high

Knowledge Marine & Engineering Works Ltd is a services sector company with a market cap of ₹5,512 Cr trading at a PE of 70x and 9.46x book value. The company has delivered strong 5-year profit CAGR of 64% and 5-year sales CAGR of 50%, while its stock has appreciated 174% in the last 1 year. ROE stands at 20% for the last year with a 3-year average of 22%.

Bull Case 8
  • Exceptional 5-year compounded profit growth of 64% CAGR indicates strong earnings momentum
  • 5-year compounded sales growth of 50% CAGR demonstrates sustained revenue expansion in the marine services segment
  • TTM profit growth of 59% shows continued acceleration in earnings on a larger base
  • Consistent ROE track record with 3-year ROE at 22% and 5-year ROE at 26%, indicating efficient capital deployment
  • TTM sales growth of 28% suggests ongoing demand for marine engineering services
  • Stock CAGR of 61% over 3 years reflects sustained market re-rating aligned with earnings delivery
  • Company is expected to deliver a good upcoming quarter based on operational trends
  • Zero debt-to-equity (not reported as a concern) and self-funded growth model supports financial resilience
Bear Case 8
  • PE ratio of 70x is significantly elevated, pricing in substantial future growth and leaving little margin of safety
  • Stock trading at 9.46x book value indicates a steep premium to asset base, making valuation vulnerable to any earnings miss
  • Promoter holding has decreased by 13.5% over the last 3 years, signaling potential dilution or reduced insider confidence
  • Zero dividend yield despite repeated profitability suggests shareholders are not receiving direct returns
  • 1-year stock CAGR of 174% far exceeds TTM profit growth of 59%, indicating price has run ahead of fundamentals
  • 3-year sales CAGR of only 8% compared to 5-year CAGR of 50% suggests a period of revenue deceleration in recent years
  • Tax rate appears low, which if normalized could compress net margins going forward
  • Limited 10-year operating history data available makes long-term consistency difficult to assess

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 69d ago
Headwinds 2
  • Promoters sell 5.12 lakh shares Jun 21

    Promoters sold 5,12,820 equity shares via open market on June 19, 2026, signaling potential insider profit-taking.

  • Institutions oppose related party deals Jul 6

    Public institutions largely opposed material related party transactions with Knowledge Shipyard Private Limited for FY26 and FY27, though resolutions passed with over 93% votes in favour.

Positives 2
  • ₹3,000 Cr bid pipeline, full utilization Jun 21

    KMEW reported a ₹3,000 crore bid pipeline with 100% fleet utilization, while expanding shipyard and green tug capacity.

  • ₹66.11 Cr IWAI hybrid ferry order Jun 20

    Secured ₹66.11 Cr order from IWAI for 10 hybrid electric ferries with 10-month construction and 60-month maintenance contract.

Neutral 3
  • Shareholders approve RPT resolutions Jul 6

    Three resolutions passed via postal ballot including material related party transactions with Knowledge Shipyard and increased Section 186 investment limits, with over 93% votes in favour.

  • Promoters hold 1.31 Cr shares unencumbered Jun 15

    Promoters held 1.31 crore equity shares as of March 31, 2026, with no shares encumbered during FY26.

  • Investor meet hosted June 19 Jun 9

    KMEW hosted a virtual analyst meet on June 19, 2026 at 4:00 PM IST.

TL;DR: KMEW is executing well with 100% fleet utilization, a strong ₹3,000 Cr bid pipeline, and new order wins in the hybrid electric vessel space. Key risks include promoter share sales and institutional pushback on related party transactions with group entities. The growth trajectory appears intact with expanding capacity and green energy pivot, though governance concerns around RPTs warrant monitoring.

Quarterly Results

Particulars Sep 2022Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
123
16
41
43
52
58
47
48
50
90
68
115
Expenses
88
12
31
27
31
33
31
29
30
51
49
42
Operating Profit
35
4
10
16
21
25
17
20
20
39
19
73
OPM %
28%
25%
24%
37%
40%
43%
35%
41%
40%
43%
27%
64%
Other Income
0
0
2
0
1
1
3
1
1
3
11
3
Interest
1
1
2
2
2
3
3
4
4
3
4
5
Depreciation
2
1
2
3
3
3
3
3
4
4
8
6
PBT
32
2
8
12
17
19
14
13
14
35
17
65
Tax %
26%
32%
13%
13%
25%
19%
23%
17%
13%
5%
-36%
4%
Net Profit
24
1
7
10
13
16
11
11
12
33
24
63
EPS in Rs
11.52
0.68
3.38
4.77
5.82
7.38
5.04
5.22
5.19
12.45
10.72
25.09
Figures in ₹ Crores

Profit & Loss

Particulars Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
11
11
24
33
61
202
164
201
256
323
Expenses
8
6
16
20
29
133
114
122
159
173
Operating Profit
3
4
8
13
32
69
50
78
97
151
OPM %
24%
41%
32%
40%
53%
34%
30%
39%
38%
47%
Other Income
0
0
0
0
1
1
3
5
16
18
Interest
0
1
1
2
2
2
4
10
15
16
Depreciation
0
1
2
2
2
4
8
11
19
21
PBT
2
3
5
9
28
63
41
62
79
131
Tax %
34%
10%
20%
28%
25%
26%
25%
20%
0%
—
Net Profit
1
3
5
7
21
48
31
50
79
131
EPS in Rs
—
3.8
9.08
3.18
9.93
21.99
14.13
22.96
32.24
53.45
Div. Payout %
0%
0%
0%
0%
0%
0%
0%
0%
0%
—
Figures in ₹ Crores

Balance Sheet

Particulars Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
0.01
2
2
10
10
11
11
11
12
Reserves
2
4
8
17
37
123
157
207
558
Borrowings
7
11
16
17
26
25
60
133
222
Other Liabilities
5
12
9
7
20
50
32
48
28
Total Liabilities
14
30
36
51
94
209
259
399
820
Fixed Assets
11
12
27
28
53
59
108
159
211
CWIP
0
8
0
3
2
8
12
50
99
Investments
0
1
1
0
3
11
29
60
0
Other Assets
3
9
7
20
36
131
110
129
510
Total Assets
14
30
36
51
94
209
259
399
820
Figures in ₹ Crores

Cash Flow

Particulars Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
3
11
2
5
35
21
38
58
74
Investing
-10
-9
-11
-4
-31
-23
-72
-127
-379
Financing
7
5
4
9
7
35
28
64
347
Net Cash Flow
0
7
-6
10
11
33
-5
-6
42
Free Cash Flow
-8
2
10
2
8
4
-20
-43
-45
CFO/OP
133
268
32
51
126
53
95
87
89
Figures in ₹ Crores

Ratios

Particulars Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
57
36
46
4
24
101
86
131
109
Cash Conversion Cycle
57
36
46
4
24
101
86
131
109
Working Capital Days
-73
-365
-92
3
-71
19
31
-34
-67
ROCE %
—
24%
27%
30%
50%
55%
23%
25%
16%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Knowledge Marine & Engineering Works insights

61 extracted metrics + investor summaries across FY18–FY26.

Log in — free

Shareholding Pattern

DIIs1.54%Promot.51.56%Others8.83%FIIs12.11%Public25.96%As ofJun 2026

Documents

1
Concall - Aug 2026 Aug 2026
2
Concall - Jun 2026 Jun 2026
3
Concall - Jun 2026 Jun 2026
4
Concall - Nov 2025 Nov 2025
5
Concall - Nov 2025 Nov 2025

Frequently Asked Questions about Knowledge Marine & Engineering Works

What does Knowledge Marine & Engineering Works Ltd do?
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]
Where is Knowledge Marine & Engineering Works Ltd (KMEW) listed?
Knowledge Marine & Engineering Works Ltd trades as KMEW on the NSE and under code 543273 on the BSE.
Which sector does Knowledge Marine & Engineering Works Ltd belong to?
Knowledge Marine & Engineering Works Ltd is classified under the Engineering Services sector, in the Dredging industry.
What is the market capitalisation of Knowledge Marine & Engineering Works Ltd?
Knowledge Marine & Engineering Works Ltd has a market capitalisation of ₹6,918 Cr, which places it in the Mid Cap band.
What is the PE ratio of Knowledge Marine & Engineering Works Ltd?
Knowledge Marine & Engineering Works Ltd trades at a PE ratio of 53.68, against a book value of ₹289.74 per share.
What is the 52-week high and low of Knowledge Marine & Engineering Works Ltd?
Over the last 52 weeks Knowledge Marine & Engineering Works Ltd has traded between ₹868.5 and ₹3,175.
What is the Return on Equity (ROE) of Knowledge Marine & Engineering Works Ltd?
Knowledge Marine & Engineering Works Ltd reported a return on equity of 22.56%. Its debt-to-equity ratio is 0.39.

Company Information

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]

Website kmew.in
Listed 2024-11-14
Face Value ₹ 5
Issued Size 2,44,44,108

For AI agents and developers

Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/KMEW.md for Knowledge Marine & Engineering Works Ltd: company profile, latest price, key fundamentals, the Tapetide Score, growth rates, quarterly and annual financial statements, shareholding pattern, technical indicators, analyst ratings and exchange filings.

Append .md to any Tapetide URL for the same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live, structured queries instead of documents, use our MCP server.

Explore More

More in Engineering Services → FII DII Data Stock Screener Nifty 50 Heatmap F&O Ban List