SEAMEC's Q2 FY 2026-27 Quarterly Results
- 2d ago
Result Summary
- SEAMEC Ltd reported a 30.0% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 106.4%.
- Its expenses for the quarter were down by 5.1% QoQ and up 62.7% YoY.
- The net profit decreased 37.9% QoQ and decreased 296.2% YoY.
- The earnings per share (EPS) of SEAMEC Ltd stood at 19.79 during Q2 FY 2026-27.
Financial Statments for Q2 FY 2026-27
(₹ crores) | Q2FY27 | Q1FY27 | Q2FY26 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 221.85 | 316.89 | 107.48 | -30.0% | 106.4% |
Total Expenses | 215.70 | 227.40 | 132.60 | -5.1% | 62.7% |
Profit Before Tax | 48.58 | 89.49 | -25.12 | -45.7% | -293.4% |
Tax | -1.90 | 8.15 | 0.61 | -123.3% | -411.5% |
Profit After Tax | 50.48 | 81.34 | -25.73 | -37.9% | -296.2% |
Earnings Per Share | 19.79 | 31.95 | -10.81 | -38.1% | -283.1% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
SEAMEC Ltd is a company operating in the marine and offshore services industry. The company specializes in providing diving support services, submarine repairs, and other underwater services essential to the oil and gas sector. SEAMEC operates a fleet of multi-purpose support vessels and focuses on providing integrated offshore services. The company is known for its high standards of safety and operational excellence. However, specific recent major developments related to SEAMEC Ltd are not available in the current dataset.
Revenue
For Q2FY27, SEAMEC Ltd reported a total income of ₹221.85 crores. This figure represents a decrease of 30.0% compared to the previous quarter, Q1FY27, where the total income was ₹316.89 crores. However, there is a significant increase of 106.4% when compared to the same quarter of the previous year, Q2FY26, which recorded a total income of ₹107.48 crores. This data highlights fluctuations in the company's total income over both the quarter and the year.
Profitability
SEAMEC Ltd's profitability metrics for Q2FY27 show a profit before tax of ₹48.58 crores, which is a 45.7% decrease from the previous quarter's ₹89.49 crores. However, this is a substantial improvement compared to Q2FY26's loss of ₹25.12 crores. The profit after tax for Q2FY27 is ₹50.48 crores, down 37.9% from Q1FY27's ₹81.34 crores, but significantly better than the loss of ₹25.73 crores in Q2FY26. The earnings per share (EPS) for Q2FY27 is ₹19.79, marking a 38.1% decline from Q1FY27’s EPS of ₹31.95, while showing a strong recovery from Q2FY26’s negative EPS of ₹-10.81.
Operating Metrics
Examining the operating metrics, SEAMEC Ltd's total expenses for Q2FY27 were ₹215.70 crores, which is a decrease of 5.1% from the previous quarter's expenses of ₹227.40 crores. Year-over-year, there is a 62.7% increase from Q2FY26's expenses of ₹132.60 crores. The tax component shows an intriguing trend with a negative value of ₹-1.90 crores in Q2FY27, contrasting sharply with the positive tax amount of ₹8.15 crores in Q1FY27 and ₹0.61 crores in Q2FY26. These figures reflect the company's cost management and tax strategy during the analyzed period.
FAQs
SEAMEC Ltd announced its Q2 FY 2026-27 results on 3 November, 2026.
SEAMEC Ltd quarterly results refer to the company’s financial performance over a three-month period, including key metrics like revenue, net profit, earnings per share (EPS), and margin performance.
Key highlights of SEAMEC Ltd Q2 FY 2026-27 results include:
- Revenue: ₹221.85 crore
- Net Profit: ₹50.48 crore
- EBITDA: ₹104.40 crore
- Year-over-Year Growth: 106.4%
- Quarter-over-Quarter Growth: -30.0%
SEAMEC Ltd reported a net loss of ₹50.48 crore in Q2 FY 2026-27, reflecting a -296.2% year-over-year growth.
SEAMEC Ltd posted a revenue of ₹221.85 crore in Q2 FY 2026-27.