Seamec LimitedQ1 FY27 Results & Financial Update

Seamec Limited: Q1 FY27 consolidated results and company financials – revenue ₹296.92 Cr, PAT ₹81.34 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.

NSE: SEAMECLTDPublished 16 Oct 2026Updated 16 Oct 2026~6 min read
Quarter at a glanceCurrent reported figures.Change figures appear when a comparable reported period is available.
Revenue from operations₹296.92 CrReported Q1 FY27
Profit after tax₹81.34 CrReported Q1 FY27
EPS₹31.95Reported Q1 FY27

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Quarterly Results AnalysisExplore Seamec Q1 FY27 quarterly results and earnings: revenue, profit (PAT), EBITDA, margins, YoY and QoQ growth, order book or business updates where reported, financial performance and management commentary. Reported figures and Nivata calculations are shown separately; no buy, sell or hold recommendation is provided.

Quarter overview

Quarterly earnings analysis

01

Seamec Limited recorded consolidated total revenue from operations of INR 296.92 crore for the quarter ended June 30, 2026. Total income for the period stood at INR 316.89 crore, supported by other income of INR 19.97 crore.

02

Profit before tax for Q1 FY27 reached INR 89.49 crore, while net profit after tax (PAT) settled at INR 81.34 crore. This performance translated to a basic and diluted earnings per share (EPS) of INR 31.95 for the quarter.

03

The company incurred finance costs of INR 4.52 crore during the period, reflecting its debt servicing obligations associated with vessel financing and general corporate operations. Depreciation and amortization expenses were reported at INR 49.89 crore, underscoring the heavy capital-intensive nature of marine asset ownership. Tax expenses for the quarter amounted to INR 8.15 crore.

04

Operating profitability for the quarter was underpinned by the deployment of marine assets, with the PAT margin standing at approximately 27.39% relative to total operating revenue. The structured filing details the financial position on a consolidated basis under Indian Accounting Standards (Ind AS).

05

Seamec Limited reported consolidated revenue from operations of INR 296.92 crore for the quarter ended June 30, 2026 (Q1 FY27).

06

Total income for the quarter stood at INR 316.89 crore, supported by other income of INR 19.97 crore.

07

Profit before tax (PBT) for Q1 FY27 reached INR 89.49 crore, reflecting robust operating performance across the vessel fleet.

08

Profit after tax (PAT) for the quarter settled at INR 81.34 crore after accounting for a tax expense of INR 8.15 crore.

01 · Business model

What does Seamec do?

Seamec Limited operates in the marine support services sector, providing essential offshore vessel support and related services to major energy and exploration companies. The company's core operations revolve around deploying and managing specialized marine vessels that cater to offshore oil and gas fields, subsea engineering requirements, and maritime logistics.

The company's revenue model is anchored by charter hire earnings and service contracts from operating its fleet of vessels. These operations require substantial capital investments in marine infrastructure, advanced safety equipment, and specialized vessel maintenance to maintain high utilization rates across offshore projects.

02 · Financial snapshot

Current-quarter financial snapshot

MetricQ1 FY27
Revenue from operations₹296.92 Cr
Total income₹316.89 Cr
Profit before tax₹89.49 Cr
Profit after tax₹81.34 Cr
EPS₹31.95

Financial interpretation

What the reported numbers mean

Profit conversion

Profit after tax represented 27.4% of reported quarterly operating revenue. This is a calculated net-profit-to-sales ratio, not a company-reported operating margin. It measures the outcome after expenses and tax; it does not, by itself, establish how margins changed versus another period.

Pre-tax earnings

Profit before tax was equivalent to 30.1% of quarterly operating revenue. The distinction between pre-tax and post-tax profit matters when interpreting earnings; neither ratio identifies an underlying cost driver without a properly matched comparative period.

Operating revenue versus total income

Total income exceeded operating revenue by ₹19.97 crore. This is the disclosed difference between the two lines, not incremental sales. The distinction matters when assessing how much of the quarter’s reported income came from the operating top line.

Ratios above are calculated from the reported quarterly figures. They are analytical descriptions, not company-reported margin guidance or an investment recommendation.

03 · Why it moved

Why the quarter looked the way it did

What drove revenue

Vessel Deployment and Charter Income

Revenue generation in Q1 FY27 was driven by the deployment of marine support vessels under active charter contracts, yielding INR 296.92 crore in operational income.

Non-Operating Income Contribution

The company supplemented its core operating revenue with other income totaling INR 19.97 crore during the quarter, bringing total income to INR 316.89 crore.

Vessel Charter Operations

Revenue of INR 296.92 crore was driven by the deployment of marine support and diving vessels under ongoing charter contracts.

Other Income Contribution

Other income added INR 19.97 crore to the total income pool of INR 316.89 crore for the quarter.

What drove margins

Depreciation Intensity

Depreciation and amortization charges of INR 49.89 crore reflect the substantial asset base of marine vessels owned by the company, significantly influencing overall cost structures.

Finance Cost Management

Finance expenses were contained at INR 4.52 crore for the quarter, assisting in preserving profitability at the profit-before-tax level.

Taxation Impact

Tax expenses of INR 8.15 crore were recorded against a profit before tax of INR 89.49 crore, resulting in an effective tax charge for the period.

Depreciation and Amortization

Depreciation charges amounted to INR 49.89 crore, reflecting the capital-intensive nature of owning and maintaining specialized offshore vessels.

Finance Costs

Finance expenses were held at INR 4.52 crore during the quarter.

Tax Efficiency

Tax expenses for the quarter stood at INR 8.15 crore on a PBT of INR 89.49 crore.

04 · Reported developments

What changed operationally

Strong Profitability

The company delivered a PAT of INR 81.34 crore on total income of INR 316.89 crore, resulting in an EPS of INR 31.95 for the quarter.

05 · Beyond the numbers

What changed beyond the numbers

Reported update

Consolidated Reporting Scope

Financial results for Q1 FY27 were submitted on a consolidated basis, capturing the performance of Seamec Limited and its subsidiaries as per regulatory reporting standards.

06 · Key Q&A

The quarter, answered directly

What does Seamec do?

Seamec Limited operates in the marine support services sector, providing essential offshore vessel support and related services to major energy and exploration companies. The company's core operations revolve around deploying and managing specialized marine vessels that cater to offshore oil and gas fields, subsea engineering requirements, and maritime logistics.

What is the clearest takeaway from Q1 FY27?

Seamec Limited recorded consolidated total revenue from operations of INR 296.92 crore for the quarter ended June 30, 2026. Total income for the period stood at INR 316.89 crore, supported by other income of INR 19.97 crore.

What drove revenue or demand?

Revenue generation in Q1 FY27 was driven by the deployment of marine support vessels under active charter contracts, yielding INR 296.92 crore in operational income.

What mattered most for margins or profitability?

Depreciation and amortization charges of INR 49.89 crore reflect the substantial asset base of marine vessels owned by the company, significantly influencing overall cost structures.

What changed operationally beyond the headline numbers?

Financial results for Q1 FY27 were submitted on a consolidated basis, capturing the performance of Seamec Limited and its subsidiaries as per regulatory reporting standards.

What should the next disclosure help confirm?

Monitor upcoming quarterly financial disclosures for sequential trends in vessel charter revenues and operating margins.

07 · Scenario calculator

Earnings sensitivity: what if growth and margins change?

Starting point

Build your own next-quarter scenario

Reported values are prefilled where a comparable basis is available. Otherwise, the field starts at 0. You can overwrite every field.

Example: enter 10 for 10% revenue growth. Enter -100 for a 1 percentage-point margin decline.

Scenario output
Scenario revenue / income₹0 cr
Scenario profit after tax₹0 cr
Profit change vs base₹0 cr (0%)
Scenario margin0%
Growth needed to keep profit flat after this margin move0%

The calculator holds the selected margin basis constant except for the basis-point adjustment you enter. It does not estimate tax, finance cost, dilution, working capital, valuation or share price.

08 · Next filing checkpoints

What the next disclosure can confirm or change

  1. 01

    Subsequent Quarter Earnings: Monitor upcoming quarterly financial disclosures for sequential trends in vessel charter revenues and operating margins.

  2. 02

    Fleet Utilization Updates: Track management commentary regarding vessel deployment status and order book replenishment in subsequent filings.

  3. 03

    Fleet Utilization: Monitor upcoming vessel deployment schedules and charter renewal rates.

  4. 04

    Financial Performance: Track subsequent quarter revenue progression and cost normalization.

Learn the metrics

Need the concepts first?

Use Nivata’s plain-English guides to understand the accounting terms used in this brief before interpreting them.

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