Seamec Limited
4,922words
5turns
0analyst exchanges
0executives
Key numbers — 40 extracted
rs,
50.5%
44.7%
11%
21%
56%
7%
0.2%
188%
19%
8%
2%
Guidance — 16 items
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“No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company.”
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“QoQ – Increase in Revenue is mainly on account of higher deployment of Seamec II, due to an unscheduled breakdown in Q3 FY25, higher deployment of Seamec III in East Coast and higher deployment of Glorious Barge due to seasonal impact in Q3 FY25.”
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“- - - - Q3 FY25 Q4 FY24 Q-o-Q% Y-o-Y% Rs.”
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“QoQ – Increase in Revenue is mainly on account of higher deployment of Seamec II, due to an unscheduled breakdown in Q3 FY25, higher deployment of Seamec III in East Coast and higher deployment of Glorious Barge due to seasonal impact in Q3 FY25.”
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“9 Consolidated Financial Highlights of FY25 Particulars Revenue Operating Expenses EBITDA EBITDA Margin Finance Cost Depreciation Profit Before Exceptional Items Exceptional Profit/(Loss)* Profit After Exceptional Items Tax Impact Profit After Tax Revenue Revenue decline mostly due to decrease in charter revenue of Glorious Barge in the Parent Company, lower deployment of Seamec Gallant in Dubai Subsidiary and closure of business in Seamec Nirman Infra Limited.”
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“FY25 682.2 438.1 244.1 35.8% 15.5 130.6 98.0 8.8 106.8 18.9 87.9 FY24 758.1 487.1 271.1 35.8% 16.3 134.8 120.0 0.0 120.0 -0.6 120.7 SEAMEC LIMITED Rs.”
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“In crore Y-o-Y% -10% -10% -10% -5% -3% -18% -11% -27% EBITDA During the year, lower deployment of Swordfish impacted EBITDA by ~45Cr, out of which ~34 Cr impact was mitigated by higher margins of Seamec III and Seamec Princess 10 Consolidated Financial Highlights of FY25 Key Financial Ratios SEAMEC LIMITED ► ► Rs.”
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“SEAMEC Nirman Infra Limited undertook the NATM Tunnel construction for the High-Speed Rail Project in Vapi, Gujarat, in a joint venture with Nayavridhi Infra LLP.”
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“With completion of 80% of the project, the company has withdrawn from the project with effect from July due to unavoidable circumstances.”
We are fully compliant with
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“Their versatility means they can be built for just about any type of project o We added Seamec Diamond to our fleet portfolio in December Seamec Diamond Built Year: 2011 Procurement Year: 2023 Gross Tonnage: 1,922 24 Asset Portfolio – Barge o A barge is a specialized watercraft designed for transporting goods and commodities on navigable waterways such as rivers and canals.”
Risks & concerns — 1 flagged
9 Consolidated Financial Highlights of FY25 Particulars Revenue Operating Expenses EBITDA EBITDA Margin Finance Cost Depreciation Profit Before Exceptional Items Exceptional Profit/(Loss)* Profit After Exceptional Items Tax Impact Profit After Tax Revenue Revenue decline mostly due to decrease in charter revenue of Glorious Barge in the Parent Company, lower deployment of Seamec Gallant in Dubai Subsidiary and closure of business in Seamec Nirman Infra Limited.
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Opening remarks
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a. Regulation 30 (read with Schedule III -Part A) of Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) b. ISIN: INE497B01018 Dear Sir / Madam, Pursuant to our intimation letter SEAMEC/BSE&NSE/SMO/ INVESTOR /2305/2025 dated May 23, 2025, kindly note that the Board of Directors of the Company at its meeting held on Tuesday, May 27, 2025 have inter alia considered and approved Audited Standalone & Consolidated Financial Results for the quarter and year ended March 31, 2025. Enclosed is the Investor Presentation in this regard. The above is made available on the Company’s website i.e. https://www.seamec.in/ This is for your information and record. Yours Faithfully, For SEAMEC LIMITED S.N. Mohanty President – Corporate Affairs, Legal and Company Secretary Please visit us at: www.seamec.in CONTRACTOR MEMBER ®J IIVICA International Marine Contractors Association ~ Q 1S09001 : 2015 Certifi ed by IRQS MG Ml SYS. RvA m
We are fully compliant with
ISO 9001:2015 ISO 14001:2018 ISO 45001:2018 Marine Management System Our robust Marine Management System (MMS) provides seamless connect between onshore office staff and vessel operators, ensuring and strengthening operational safety. Adhering to regulatory requirements, we also carry extensive offshore safety audits of our entire fleet twice a year, ensuring the adequacy of our marine safety operating systems. SEAMEC LIMITED 20 SEAMEC LIMITED SEAMEC: Strong Asset Portfolio Asset Portfolio – Diving Support Vessels ~ SEAMEC LIMITED o Diving Support Vessels are specialized ships designed to facilitate offshore diving operations quipped with dedicated facilities for divers, advanced diving equipment, and control systems o DSVs provides services, which include S.B.M maintenance removal and installations, Platform, Riser and Pipeline repairs, Subsea constructions and Maintenance operations & deployment of ROV SEAMEC II Built Year: 1982 Procurement Year: 1993 Gross Tonnage: 4,503 SEAMEC III
Economic Impact
• Significant influence on global economic development. Shaping the future of energy production and consumption USD 525.58 million Increase 5.41% CAGR Market Size Outlook (USD Million) 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 31 Driving Growth in Offshore Oilfields SEAMEC LIMITED 1614 14% 629 *Fig in USD Mn Why Offshore Exploration ? • Depletion of Onshore Reserves: As onshore oil reserves are exhausting; focus is shifting to offshore exploration. • Higher Potential: Offshore oilfields present significant opportunities due to • • their lower depletion rates and greater production capacity. Increased Investment: There is a surge in investment in ultradeep and deepwater drilling. Support from Stakeholders: Both state and private entities are actively supporting efforts to unlock offshore resources.
Strategic drivers for Offshore Exploration
• Oil Price Volatility: Rising fuel prices due to global crude oil price fluctuations and supply chain disruptions are encouraging the search for new reserves. • Geographic Advantage: India’s extensive coastline, encompassing 7,517 km, • • is well-suited for offshore drilling. Technological and Policy Support: Innovations in technology and supportive governmental policies are enhancing offshore exploration prospects. Future Energy Solutions: Offshore oilfields are expected to play a key role in fulfilling India’s future energy requirements. FY2024 FY2031 "With a projected 14% CAGR from FY2024 to FY2031, India's oilfield services market is set to expand significantly, reflecting increasing fossil fuel demand driven by population growth and rising vehicle ownership." Seamec Limited | Investors Presentation 32 Indian Offshore Oilfield Industry India currently imports about 80% of oil and about 50% gas that it consumes. Fuelled by the fast growth in GDP, the rising demand for fuel has resu
Investor Relations Advisors
MUFG Intime India Private Limited A part of MUFG Corporate Markets, a division of MUFG Pension & Market Service Ms. Nidhi Vijaywargia +91 9923450804 nidhi.vijaywargia@in.mpms.mufg.com nidhi.vijaywargia@ Mr. Nikunj Jain +91 9769060608 nikunj.jain@in.mpms.mufg.com Thank You