The document is a regulatory filing containing the transcript of an Earnings Conference Call held on June 05, 2026, to discuss the Audited Standalone and Consolidated Financial Results for the Quarter and Year ended March 31, 2026 (FY25-26).
The event was an earnings call hosted post-results announcement. The call began at an unspecified time on June 05, 2026.
The stated purpose of the call was to discuss the company's financial performance, operational highlights, order book updates, and future outlook.
Management participants included Mr. Sujay Kewalramani (Chief Executive Officer) and Mrs. Kanak Kewalramani (Director and Chief Financial Officer).
The transcript was attached to the filing and is also available on the company's website at https://www.kmew.in/investor-information.html.
The document is a formal submission to the stock exchanges (BSE and NSE) in compliance with SEBI LODR Regulations.
Financial Highlights & Guidance from the Call Transcript:
Financial Period Discussed: FY 2025-26 (Year ended March 31, 2026) and Q4 FY26.
FY26 Consolidated Revenue: ₹256 crores (vs. ₹201 crores in FY25).
FY26 EBITDA: Approximately ₹97 crores, with margins of nearly 38%.
FY26 Profit After Tax (PAT): Approximately ₹79 crores, with a PAT margin of ~31%.
Q4 FY26 Performance: Revenue was lower at ~₹60 crores, and EBITDA margin was 27%, which management attributed to the delayed revenue recognition of two completed projects (JNPA and Pondicherry). This ₹60 crores in revenue and associated margins (expected to be >40%) will be recognized in Q1 FY27.
Forward Guidance: Management projected a 30% year-on-year revenue growth for the next two years (FY27 and FY28) and expects EBITDA margins to remain between 35% to 40%.
Order Book: The company secured orders worth ₹1,075 crores in FY26. The total order book as of FY26-end stands at approximately ₹1,400 crores, diversified across dredging, charter hire, and shipbuilding.
Key Contracts: Highlights include a ₹50 crore rock dredging contract from JNPA and two major "Green Tug" contracts from V.O.C. Port and Vishakhapatnam Port, aggregating ₹650 crores with a 15-year tenure.
Strategic Updates: The company is focusing on backward integration through shipbuilding. It has acquired 15 acres of land in Palghar to develop a new shipyard and is executing orders for building dredgers for the Inland Waterways Authority of India (IWAI).
Capital Expenditure (Capex): For FY27, the planned capex is between ₹400-500 crores. This includes ~₹100 crores for the shipyard development and the remainder for acquiring new dredgers and tugs.
Funding: The capex will be funded through a mix of internal cash accruals, debt, and potentially equity, depending on market conditions.
Tax Regime: The company operates under a tonnage tax scheme for its vessel chartering and dredging business, resulting in a near 0% tax rate for eligible operations. Its shipbuilding business is subject to corporate tax.
Additional Notes Section
The regulatory filing (Ref: KMEW/SE/Reg-30/2026-27/11) included an attachment: the full transcript of the earnings conference call.
The announcement itself does not contain any unpublished price sensitive information (UPSI) as it is a disclosure of already-discussed results and a published transcript.
The transcript contained detailed financial figures, operational updates, and management commentary from the Q&A session with analysts.
