TickerSutra

NSE: KMEW · BSE: 543273 · ISIN INE0CJD01029

Knowledge Marine & Engineering Works Limited stock analysis

Knowledge Marine & Engineering Works Limited ranks #217 in the TickerSutra evidence-ranked universe with a score of 69/100 and 93% data confidence. The latest captured fundamentals show ROCE of 16.4%, quarterly sales growth of 138.1% and quarterly profit growth of 447.7%.
Complete evidence gate watch governance reviewUpdated 29 Sept 2026
TICKERSUTRA SCORE69/100

Watchlist candidate

#217 of 5,430 ranked equities
Market capitalisation₹7,572.77cr
ROCE16.4%
Quarterly sales growth138.1%
Quarterly profit growth447.7%
P/E ratio58.5×
Promoter pledge0.0%

INVESTMENT EVIDENCE

What supports—and challenges—the thesis

Evidence in favour

  • Institutional ownership is rising
  • CWIP indicates an active capacity pipeline
  • No promoter shares are reported as pledged

Risks and constraints

  • Extreme base-effect growth requires manual validation
  • Valuation is above 40× earnings

Still unresolved: Related-party exposure · Broad media sentiment

FINANCIAL TRAJECTORY

Recent operating history

PeriodRevenueOperating profitNet profitOperating margin
2022₹61cr₹32cr₹21cr53.0%
2023₹202cr₹69cr₹48cr34.0%
2024₹164cr₹50cr₹31cr30.0%
2025₹201cr₹78cr₹50cr39.0%
2026₹256cr₹97cr₹79cr38.0%
TTM₹323cr₹151cr₹131cr47.0%
Debt / equity0.39×
CFO / EBITDA0.76×
Operating margin47.0%
Free cash flow₹-45cr
Sales CAGR · 3Y8.2%
Profit CAGR · 3Y18.1%

EXCHANGE EVENT TRIGGERS

Latest corporate disclosures

2 positive catalysts0 negative catalysts5 routine filings
RoutineKnowledge Marine & Engineering Works Ltd - 543273 - Closure of Trading WindowBSE · 29 Sept 2026

"Trading Window" for dealing in the securities of the Company will be closed for all the Directors, Promoter and Promoter Group, Designated person and Connected persons and their immediate ....

Positive CatalystKnowledge Marine & Engineering Works Ltd - 543273 - Announcement under Regulation 30 (LODR)-Credit RatingBSE · 22 Sept 2026

We hereby inform you that the CARE Ratings Limited has reviewed and revised its outlook of the credit rating on rating facilities assigned to Knowledge Marine & Engineering Works Limited ....

Positive CatalystKnowledge Marine & Engineering Works Ltd - 543273 - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderBSE · 20 Sept 2026

We are please to inform you that KMEW has received a work order from Mumbai Port Authority for chartering of 60 Ton Bollard Pull Capacity New Battery operated Electric Green Tug along with ....

RoutineAlteration Of Capital and Fund Raising-XBRLNSE · 9 Sept 2026 · Structured filing

Knowledge Marine & Engineering Works Limited has informed the Exchange regarding Issuance of securities

Readable disclosure summary

Knowledge Marine & Engineering Works Limited has informed the Exchange regarding Issuance of securities

Open original XBRL source
RoutineNotice Of Shareholders Meetings-XBRLNSE · 9 Sept 2026 · Structured filing

Knowledge Marine & Engineering Works Limited has informed the Exchange about Notice of Shareholders Meeting for Annual General Meeting to be held on 30-Sep-2026

Readable disclosure summary

Knowledge Marine & Engineering Works Limited has informed the Exchange about Notice of Shareholders Meeting for Annual General Meeting to be held on 30-Sep-2026

Open original XBRL source

MANAGEMENT COMMENTARY

Signals from filed documents

Margin expansionHigh severity · 2 mentions
Positive catalyst

Strategic Entry into Commercial Shipbuilding Won significant orders from the Inland Waterways Authority of India (IWAI) for the construction of 24 marine crafts, including boats and dredgers, marking KMEW’s strategic entry into commercial shipbuilding and strengthening its position in India’s growing inland waterways ecosystem. Enhancing Profitability Early adoption of the Tonnage Tax regime contributed to direct PAT

Operating leverageHigh severity · 1 mention
Positive catalyst

I'm pleased to report that KMEW has started FY27 on a very strong note. More importantly, we believe that the performance of this quarter demonstrates the operating leverage that can be created when specialized assets, technical capability and disciplined project execution intersect. For Quarter 1 FY27, our revenue from operations stood at INR115.41 crores, representing growth of 138% year-on-year basis.

Institutional interestHigh severity · 3 mentions
Positive catalyst

Ashish Mohandas (DIN: 08708036) as an Independent Director of the Company Alteration of Capital Clause of the Memorandum of Association of the Company Alteration of Object Clause of the Memorandum of Association of the Company Approval for Enhancing the Borrowing Powers of the Company to Rs. 500 Crores Monday, January 20, 2025 at 04.00 PM Through Video Conference / Other Audio-Visual Means Sub-division of the Equity

Export market updatesHigh severity · 2 mentions
Constructive

Sujay Kewalramani: So presently, we are exploring these opportunities. As long as the finance team is able to get the comfort with the payment terms made available from the export orders as compared to the domestic orders, we believe once they have a match, then we would take up export orders. So is even exports a decent opportunity from India in the business that we are in compared to what we are doing currently?

Management confidenceModerate severity · 2 mentions
Constructive

Out of the above, the Company has received Rs.14.13 crores in FY 2024-25, with balance of Rs.24.89 crores outstanding for more than one year as on 31st March 2026. Management is confident of recovering the same from due to receipt of Rs.8.60 crores in the current year and is hopeful of receiving the balance amount in the due course. Hence, no provision is considered by the management as on 31st March 2026.

Capacity expansion plansModerate severity · 3 mentions
Positive catalyst

The Preferential issue is made at the price of Rs. This preferential issue was undertaken with the objective of strengthening the Company’s capital base, supporting its long-term strategic expansion plans, and enhancing financial flexibility. The Board acknowledges the continued support of shareholders and regulatory authorities in enabling this capital-raising initiative, which is expected to contribute significantl

Regulatory updatesModerate severity · 15 mentions
Constructive

This preferential issue was undertaken with the objective of strengthening the Company’s capital base, supporting its long-term strategic expansion plans, and enhancing financial flexibility. The Board acknowledges the continued support of shareholders and regulatory authorities in enabling this capital-raising initiative, which is expected to contribute significantly to the Company’s future operational and strategic

Regulatory approvalLow severity · 12 mentions
Watch

31 & 30 – Additional Notes to the Financial Statements of the Standalone and Consolidated Financial Statements respectively, forming part of this Annual Report, which sets out the related party disclosures. The Policy on Related Party Transactions, as approved by the Audit Committee and the Board is available on the Company’s website at https://kmew.in/images/pdf/Policy-on%20-Related-Party-Transaction-2.pdf (ii) Deta

Pricing pressureLow severity · 1 mention
Risk easing

Competition from Established and Unorganised Players The marine engineering and maritime infrastructure sectors remain highly competitive, with participation from both large established players and smaller operators. Aggressive bidding by some market participants may create pricing pressure and impact margins. KMEW addresses this risk through disciplined bidding, specialised technical capabilities, control on capex a

HOW TO READ THIS PAGE

Evidence, freshness and limitations

What does the TickerSutra score mean?

The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.

Which sources support this page?

Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.

Why can an item be unresolved?

Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.

Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer

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