Seamec Limited · NSE:SEAMECLTD
Seamec — Q2 FY2027 Earnings Presentation
36 slides from Seamec's earnings presentation, Nov 3, 2026
Slide 1: Investor Presentation filing letter to BSE and NSE
SEAMEC/BSE&NSE/SMO/ INVESTORPRESENTATION /0311/2026 November 03, 2026 Corporate Relations Department The Manager Listing Department BSE Limited National Stock Exchange of India Limited Phirojee Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G Block, Dalal Street, Bandra-Kurla Complex, Bandra (East
Slide 2: SEAMEC Limited Investor Presentation Q2 & H1 FY27
SEAMEC LIMITED Investor Presentation | Q2 & H1 FY27
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by SEAMEC Limited (the solely for information purposes and does not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding c
Slide 4: Table Of Contents
Table Of Contents Financial Company Highlights Overview Business Overview Industry Overview
Slide 5: Financial Highlights
Financial Highlights __ = a ———— x
Slide 6: Message
Message We continue to make steady progress in FY27, with a sustained focus on operational excellence, disciplined fleet deployment and creating long-term value for our stakeholders. Our diversified fleet, experienced workforce and established execution capabilities continue to position SEAMEC as a
Slide 7: Standalone Financial Highlights Quarterly & Half Yearly
Standalone Financial Highlights Quarterly & Half Yearly Revenue EBITDA Cash Profit PAT 283 124 117 81 184 51 83 4 31 0.2 4 -26 Q1 FY27 Q2 FY26 Q2 FY27 Q1 FY27 Q2 FY26 Q2 FY27 Q1 FY27 Q2 FY26 Q2 FY27 Q1 FY27 Q2 FY26 Q2 FY27 467 148 175 85 65% 57% 54% 59% 284 94 114 54 H1 FY26 H1 FY27 H1 FY26 H1 FY27
Slide 8: Q2 FY27 Standalone Financial Highlights
Q2 FY27 Standalone Financial Highlights Rs. in Crore Q2 FY27 Q2 FY26 Y-o-Y % Q1 FY27 Revenue 183.6 82.4 123% 283.3 Revenue Operating Expenses 104.9 45.1 132% 108.5 Highest ever revenue in Q2 due to Employee Cost 38.9 29.2 33% 39.1 newly acquired Vessel Seamec Other Expenses 8.7 8.0 9% 18.9 Agastya,
Slide 9: H1 FY27 Standalone Financial Highlights
H1 FY27 Standalone Financial Highlights Rs. in Crore H1 FY27 H1 FY26 Y-o-Y % Revenue 467.0 283.8 65% Revenue Operating Expenses 213.4 110.2 94% Higher deployment of Swordfish, New vessel contracts of Samudra Employee Cost 78.0 57.3 36% Sevak and Samudra Prabha and Other Expenses 27.6 21.9 26% newly
Slide 10: Consolidated Financial Highlights Quarterly & Half Yearly
Consolidated Financial Highlights Quarterly & Half Yearly Revenue EBITDA Cash Profit PAT 124 131 297 81 103 198 50 97 38 8 12 Q1 FY27 Q2 FY26 Q2 FY27 Q1 FY27 Q2 FY26 Q2 FY27 Q1 FY27 Q2 FY26 Q2 FY27 Q1 FY27 Q2 FY26 Q2 FY27 -26 234 132 495 162 61% 91% 55% 159% 308 105 122 50 H1 FY26 H1 FY27 H1 FY26 H1
Slide 11: Q2 FY27 Consolidated Financial Highlights
Q2 FY27 Consolidated Financial Highlights Rs. in Crore Q2 FY27 Q2 FY26 Y-o-Y % Q1 FY27 Net Revenue 198.1 97.4 103% 296.9 Revenue Operating Expenses 105.7 50.5 109% 113.4 Highest ever revenue in Q2 due to newly acquired Vessel Seamec Employee Cost 43.6 29.3 49% 39.1 Agastya, New Vessel Contracts of O
Slide 12: H1 FY27 Consolidated Financial Highlights
H1 FY27 Consolidated Financial Highlights Rs. in Crore H1 FY27 H1 FY26 Y-o-Y % Net Revenue 495.0 308.3 61% Revenue Operating Expenses 219.1 119.9 83% Higher deployment of Swordfish, New vessel contracts of Samudra Sevak and Employee Cost 82.8 57.7 43% Samudra Prabha and newly acquired Other Expenses
Slide 13: Key Cons. Balance Sheet Highlights
Key Cons. Balance Sheet Highlights Gross Debt ( Rs. Cr) Net Debt (Rs. Cr) Net Debt to Equity(X) 328 48.00 0.05 307 212 FY24 FY25 FY26 H1 FY27 153 FY24 FY25 FY26 H1 FY27 -0.16 -0.17 -0.26 -261.00 -227.00 -227.40 FY24 FY25 FY26 H1 FY27 Return on Capital Employed ( %) Return on Equity (%) Net Debt to E
Slide 14: Company Overview
Company Overview
Slide 15: About Us
About Us A leading provider of specialized engineering services to the offshore oil & gas industry, delivering critical solutions across subsea and marine operations About Us Operations Certifications Asset Portfolio SEAMEC II Incorporated as Peerless Leasing Offshore Specialize SEAMEC III ISM certi
Slide 16: Corporate Structure
Corporate Structure Promoter holding in Seamec: ~72.72% Seamec was acquired by HAL Offshore in 2014 from the erstwhile Techipndia (Technip) group. Our Subsidiaries Aarey Organic Industries Seamec Nirman Infra Seamec International FZE Seamate Shipping FZC Seamec UK Investments Ltd Private limited Lim
Slide 17: Journey So Far
Journey So Far 2014 Transformation o HAL Offshore Acquires Seamec from Technip 2020-21 Group o Now Part of MMG Group 2010 Expansion o Stepdown Subsidiary Seamate Shipping FZC Expansion o Seamec o Incorporated WOS Nirman Infra Ltd Seamec International FZE Tunnel projects 2023-26 1986-2001 Current Sta
Slide 18: Experienced Management Team
Experienced Management Team Mr. Sanjeev Agrawal Chairman Qualification: Masters in Commerce, Masters of Business Administration from Coca-Cola University, Atlanta, USA Experience: Mr. Sanjeev Agrawal is one of the founder of MMG Group. Over the last 26 years, he has played an instrumental role in su
Slide 19: Experienced Management Team
Experienced Management Team Mr. Raghav Chandra IAS (Retired) Mr. Rajesh Kumar Yaduvanshi Independent Director Independent Director Retired Civil Servant with Government of India, superannuated to Mr. Rajesh Yaduvanshi is a Doctorate in Philosophy and Masters in the rank of Secretary. Holds expertise
Slide 20: Experienced Management Team
Experienced Management Team Mr. Ashok Verma Mr. S. N Mohanty Chief Financial Officer President - Corporate Affairs, Legal & CS Mr. Ashok Verma is a Chartered Accountant with 26+ years of Mr S.N. Mohanty is Masters in Commerce, CS, CWA and has a diversified experience in finance, accounting, treasury
Slide 21: Key Strengths
Key Strengths A formidable player in Vibrant leadership and Healthy Financial Competent and prudent offshore shipping competent management position with adequate commercial management bandwidth having strong liquidity providing facilitating revenue visibility fleet of multi-support executional capab
Slide 22: Business Overview
Business Overview Q2 & H1 FY27
Slide 23: Asset Portfolio Diving Support Vessels
Asset Portfolio Diving Support Vessels Diving Support Vessels are specialized ships designed to facilitate offshore SEAMEC II diving operations equipped with dedicated facilities for divers, advanced diving equipment, and control systems Built Year: 1982 Procurement Year: 1993 Gross Tonnage: 4,503 D
Slide 24: Asset Portfolio Diving Support Vessels
Asset Portfolio Diving Support Vessels SEAMEC PALADIN SEAMEC SWORDFISH SEAMEC AGASTYA Built Year: 2008 Built Year: 2007 Built Year: 2010 Procurement Year: 2021 Procurement Year: 2023 Procurement Year: 2025 Gross Tonnage: 5,648 Gross Tonnage: 5,372 Gross Tonnage: 5,001
Slide 25: SEAMEC Anant Fleet Addition
SEAMEC Anant Fleet Addition Jul Oct 2026 21 Jul 2026 01 MOA Signed Memorandum of Agreement with HAL Offshore Ltd to acquire the vessel for USD 70 Mn 31 Aug 2026 02 MOA Addendum 1 & 2 Delivery terms revised: Notice of Readiness 15 Sep 2026; Cancelling Date 15 Oct 2026 14 Oct 2026, 13:10 hrs 03 Vessel
Slide 26: Asset Portfolio Offshore Support Vessels
Asset Portfolio Offshore Support Vessels Offshore Support Vessels (OSVs) are specially designed ships for the logistical servicing of offshore platforms and subsea installations, from installation through the full-service life of offshore fields Critical support assets for offshore logistics and pla
Slide 27: Asset Portfolio Barge
Asset Portfolio Barge A barge is a specialized vessel designed for Offshore operations. SEAMEC GLORIOUS (BARGE) One of the key features of barges is their significant capacity Built Year: 2006 making them highly cost-efficient for accommodation and Project material management. Procurement Year: 2021
Slide 28: Asset Portfolio Bulk Carrier
Asset Portfolio Bulk Carrier Bulk Carrier Operations Providing Revenue Diversification SEAMEC operates its bulk carrier business through its wholly owned subsidiary SEAMEC International FZE and step- down subsidiary SEAMEC Shipping FZC, serving global dry bulk transportation markets. Strategic Relev
Slide 29: Fleet Expansion & Capital Allocation
Fleet Expansion & Capital Allocation Fleet Expansion Supporting Future Growth Recent Additions Upcoming Growth Long-term charter on Anant and fresh deployments of SEAMEC II and Glorious support near-term revenue growth Capital Allocation Philosophy -backed vessel acquisitions
Slide 30: Industry Overview
Industry Overview Q2 & H1 FY27
Slide 31: Global Offshore Marine Services Market
Global Offshore Marine Services Market Global Offshore Services Industry in Structural Upcycle The global offshore marine services industry is benefiting from rising offshore E&P investments, ageing offshore infrastructure and structurally constrained vessel supply. Market Segment 2026 Market Size 2
Slide 32: India Offshore Opportunity
India Offshore Opportunity Domestic Offshore Activity Accelerating India Offshore Market India OSV market estimated at ~$1.5 billion in 2025, projected to reach ~$2.06 billion by 2034 (3.07% CAGR) ONGC remains the dominant demand driver for offshore vessels Offshore facilities pipeline includes 25 o
Slide 33: Capex Cycle
Capex Cycle Government Launches "Samudra Manthan" National Offshore Exploration Scheme Key Highlights Government of India approved on 31 July 2026. Total outlay: through FY2030-31. Financial assistance of up to 50% of eligible exploration costs to encourage offshore exploration. Objective is to acce
Slide 34: Indian Growing Offshore Exploration Footprint
Indian Growing Offshore Exploration Footprint Exploration Activity Continues to Expand Key Indicators OALP Round IX India's crude oil ONGC contributes awarded 28 import dependency 66% of India's oil exploration blocks increased to 88.7% production and 58% including 12 ultra- in FY26 of gas productio
Slide 35: Key Growth Drivers for Offshore Services Industry
Key Growth Drivers for Offshore Services Industry Growth Driver Impact on SEAMEC Deepwater Exploration Growth Very High Global Upstream Capex Recovery High Created by Bruno Gätjens González Ageing Offshore Infrastructure Very High Offshore Decommissioning Market Medium ONGC KG Basin Development Very
Slide 36: Thank You
Thank You SEAMEC Limited Adfactors PR Private Limited Mr. Sunil Gupta Mr. Yash Sanghavi sgupta@seamec.in yash.sanghavi@adfactorspr.com 91 -9811347372 91 -8369881109 www.seamec.in Mr. Aman Singh aman.singh@adfactorspr.com 91 -8957747314 www.adfactorspr.com