Results - Announcements
SEAMEC Ltd share price softened by 1.80% to Rs 1598.5 after the company's net profit plunged by 37.94% to Rs 50.48 crore, while revenue from operations dropped sharply 33.27% to Rs 198.13 crore in Q3FY26 over Q2FY26.
The market capitalization of Shipping industry group stocks on BSE stood at Rs 53493.68 crore, expanding by 17.71%. It has inched up 0.94% over last one week and ticked higher by 6.43% in last one month while the market capitalization of SEAMEC Ltd has marginally improved by 0.78% and 6.50% in the same period respectively.
Profit before tax (PBT) of SEAMEC Ltd stood at Rs 48.58 crore in Q3 FY26, crashing by 293.39% year-on-year, and nosediving by 45.71% quarter-on-quarter. EBITDA came in at Rs 15 crore, plunging by 754.50% YoY and tumbling by 86.02% sequentially.
Total expenses slightly declined by 4.85% to Rs 212.08 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 43.63 crore, registering a growth of 11.47% YoY.
For the TTM ended FY26, revenue from operations surged 46.12% to Rs 952.46 crore, while net profit jumped 188.39% to Rs 253.52 crore, compared to previous TTM. EBITDA soared by 20880% to Rs 352.12 crore, and PBT witnessed a strong rise of 152.02% to Rs 269.26 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 321.3 crore in FY26, as against Rs 298.52 crore in FY25.
SEAMEC Ltd surged by 80.17% in last one year, significantly outperforming the benchmark BSE Sensex which has softened by 8.41% during the same period.