Seamec Limited · NSE:SEAMECLTD
Seamec — Q2 FY2026 Earnings Presentation
37 slides from Seamec's earnings presentation, Nov 10, 2025
Slide 1: Intimation to exchanges on Investor Presentation
S$) SEAMEC LIMITED A member of MMG Regd. Office: A-901-905, 9th Floar, 215 Atrium, Andheri Kurla Road, Andheri (East), Mumbai 400 093, India CIN : L63032MH1986PLC 154910 Tel.: +91-22-6694 1800 + Fax : +91-22-6694 1818 + E-mail: contact@seamec.in + SEAMEC/BSE&NSE/SMO/ INVESTORPRESENTATION /1011/2025
Slide 2: Q2 FY26
n | Q2 FY26
Slide 3: Safe Harbor Statement
Safe Harbor Statement This presentation and the accompanying slides {the “Presentation”), which have been prepared by Seamec Limited (the “Company” or “Seamec”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe
Slide 4: Quarterly Update Q2 FY26
Quarterly Update Q2 FY26
Slide 5: Standalone Financial Highlights of Q2 FY26 and H1 FY26
Standalone Financial Highlights of Q2 FY26 and H1 FY26 Quarterly Half Yearly Revenue 223 102 s Q2FY25 Q1FY26 Q2FY26 320 314 H1FY25 H1 FY26 EBITDA 116 37 = . = Q2FY25 QLFY26 Q2FY26 123 125 H1IFY25 H1FY26 Cash Profit 110 31 = : Q2FY25 Q1FY26 Q2FY26 115 110 i H1FY25 H1FY26 PAT a -26 Q2FY25 QUFY26 Q2FY2
Slide 6: Standalone Financial Highlights of Q2 FY26
Standalone Financial Highlights of Q2 FY26 Particulars Q2 FY26 Qi FY26 Revenue 91.4 222.9 Operating Expenses 82.3 26% 107.3 23% EBITDA 9.2 36.6 75% 115.6 92% EBITDA Margin 10.0% 35.9% 51.9% Finance Cost 49 34 17% 28 41% Depreciation 30.0 28.1 1% 29.9 0% Profit Before Exceptional (24.8) 5.1 100% 82.9
Slide 7: Standalone Financial Highlights of H1 FY26
Standalone Financial Highlights of H1 FY26 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 43 53.8 The decline is mainly on account
Slide 8: Standalone Financial Highlights of H1 FY26
Standalone Financial Highlights of H1 FY26 > > Rs. 324 Cr 0.0 X 11% Gross Debt Net Debt/Equity ROCE > > Rs. 3 Cr 0. 01 X 11% Net Debt Net Debt/EBITDA ROE XX
Slide 9: Consolidated Financial Highlights of Q2 FY26 and H1 FY26
Consolidated Financial Highlights of Q2 FY26 and H1 FY26 Quarterly Half Yearly 231 110 108 Q2FY25 QLFY26 Q2FY26 338 H1FY25 H1FY26 EBITDA 117 33 ES = Ee) Q2FY25 QIFY26 Q2FY26 135 119 E H1FY25 H1FY26 Cash Profit 110 32 12 =} Q2FY25 QLFY26 Q2FY26 122 114 H1FY25 HI FY26 0.2 -26 Q2FY25 QUFY26 Q2FY26 50 5
Slide 10: Consolidated Financial Highlights of Q2 FY26
Consolidated Financial Highlights of Q2 FY26 Particulars ‘1 FY26 Revenue 3% 230.; Operating Expenses 89.6 24% 114.0 21% EBITDA 17.9 53% 116.7 85% EBITDA Margin 16.6% 50.6% Finance Cost 5.0 40 23% 35 Als Depreciation 38.1 316 20% 34.1 12% Profit Before Exceptional Items (25.1) 23 100% 79.1 -100% Exce
Slide 11: Consolidated Financial Highlights of H1 FY26
Consolidated Financial Highlights of H1 FY26 £3 Rs. In crore Pa lars H1FY25 Revenue 333.2 2% Operating Expenses 203.6 214.6 EBITDA 134.6 118.6 14% EBITDA Margin 39.8% 35.6% Finance Cost 8.5 8.0 Depreciation 72,2 63.7 Profit Before Exceptional Items 53.9 47.0 15% Exceptional Profit/(Loss)* - 8.7 Prof
Slide 12: Key Financial Ratios
Consolidated Financial Highlights of H1 FY26 Ss ; Key Financial Ratios >) Rs. 387 Cr (0.05) X 8% Gross Debt Net Debt/Equity ROCE Rs. (57) Cr (0.22) x 8% Net Debt Net Debt/EBITDA ROE
Slide 13: Business Update
; ( $\ Business Update a * Entered into MOU with Directorate General of Shipping for a capex of INR 1,000 Crores in a progressive manner * Entered into MOU with HAL Offshore Limited for Charter Hire of MV Goodman for ONGC’s NLM9 Project. * Seamec Princess commenced operations in PRP VIII Project and
Slide 14: Company Overview
Company Overview
Slide 15: Our Journey
Our Journey =p > Origin © Incorporated as Peerless Leasing Pvt Ltd in 1986 © Acquired by Coflex Stena in 1999 © In 2001 Became part of Technip Group and rechristened as Seamec == > Expansion ‘© Incorporated WOS “Seamec international FZE~ Transformation 0 HAL Offshare Acquires Seamec from Technip Gro
Slide 16: Company Overview
Company Overview SEAMEC Limited is a leading provider of Diving Support Vessels (DSVs) and Offshore Support Vessels (OSVs) with a robust presence both in India and internationally. The company’s fleet includes 6 DSVs, 1 OSV, and 1 Accommodation Barge, all equipped to meet diverse offshore needs. SEA
Slide 17: Key Competitive Strengths
Key Competitive Strengths Strong parentage of MMG strengthening financial position and market reputation —_ O © | Technical expertise and financial strength boosting us to a leading position in tendering process Low maintenance cost due to proactive preventive maintenance A formidable player in offs
Slide 18: Broad Range of Services
Broad Range of Services -C —g -—O, IMR Operations ROV Operations Subsea Construction Pollution Control Fire Fighting * Carrying out Inspection, * Supporting Remotely * Undertaking operations + Facilitating pollution * Supporting sub-sea fire * Undertaking Rescue Maintenance, and Repair Operated Vehi
Slide 19: Our Marquee Clients
$ ") Our Marquee Clients ee, C Oilfield Services ) Z um L&T Hydrocarbon United Marine Engineering Excellence Through Sefety © CLIPPER James Fisher and Sons pic 4urecuy &. / J VW SUBSEA = MERMAID Ganyeeerars =
Slide 20: Promoting Environmental and Oceanic Sustainability
Promoting Environmental and Oceanic Sustainability ws X \ | Utilizing Low Sulphur \ Content Diesel _—. Compliant with IMO regulations Regularly furnishes fuel consumption report to the Flag State as per IMO guidelines \ Adhering to Ballast Water Management (BWM) Regulations / All vessels fully compl
Slide 21: Adhering to Highest Safety Standards
Adhering to Highest Safety Standards SEAMEG LIMITED Complying with QHSE Standards We acknowledge our responsibility towards ensuring environmental sustainability and operational safety and strictly adhere to Quality, Health, Safety, Environmental (QHSE) standards. We are fully compliant with: ISO 90
Slide 22: SEAMEC: Strong Asset Portfolio
SEAMEC: Strong Asset Portfolio
Slide 23: Asset Portfolio — Diving Support Vessels
Asset Portfolio — Diving Support Vessels ae © Diving Support Vessels are specialized ships designed to facilitate offshore diving operations quipped with dedicated facilities for divers, advanced diving equipment, and control systems DSVs provides services, which include S.B.M maintenance removal an
Slide 24: Asset Portfolio — Diving Support Vessels
Asset Portfolio — Diving Support Vessels ay 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: Asset Portfolio — Offshore Support Vessels
‘ex Asset Portfolio — Offshore Support Vessels Ss o 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 > They are integral to getting supplies and
Slide 26: Asset Portfolio - Barge
Asset Portfolio - Barge cy o A barge is a specialized watercraft designed for transporting goods and commodities on navigable waterways such as rivers and canals. Its distinctive flat-bottomed structure allo it to navigate shallow waters, making it well-suited for inland transportation. One of the k
Slide 27: Asset Portfolio — Bulk Carrier
Asset Portfolio — Bulk Carrier co Bulk carriers are specialized vessels designed for the efficient transportation of large quantities of dry bulk cargo, including c like coal, iron ore, and grains. We own and op e three main fleet shipping bulk carriers of varying tonnage capacities, positioning us
Slide 28: Indian Industry Landscape
Indian Industry Landscape
Slide 29: Future Outlook for India's Oil & Gas Sector
Future Outlook for India’s Oil & Gas Sector Crude Oil Consumption * Forecast Growth: CAGR of 4.59%, reaching 500 million tonnes by FY40 from 223 million tonnes in FY23 Barrel Consumption: FY22: 4.05 MBPD 2030: 7.2 MBPD 2050: 9.2 MBPD © * Projected Increase: Expected to double to Energy Demand * Grow
Slide 30: Recent Developments and Investments in India's Oil & Gas Sector
Recent Developments and Investments in India's Oil & Gas Sector ‘Source: IBEF Data, ONGC Annual Report FDI Inflows: FDI Inflows surged 14% to $81.04 billion from $71.28 billion in FY24. Crude Oil Production: 28.6 MMT during April - March 2025 Peak Production Forecast: Expected mid-decade peak betwee
Slide 31: Offshore Support Vessel Market Overview (2022 - 2027)
Offshore Support Vessel Market Overview (2022 - 2027) Key Drivers Industry Trends Market Growth Forecast isi 4 * Expansion of production capabilities. Rising Demani * Enhanced supply chain resilience. mA Increased global need for oil and natural gas * Focus on energy security and resource USD 525.58
Slide 32: Driving Growth in Offshore Oilfields
Driving Growth in Offshore Oilfields > a | 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 gr
Slide 33: Indian Offshore Oilfield Industry
Indian Offshore Oilfield Industry ESTERS OSS OS ON Ne Current O1 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 resulted in India importing almost 88% of its domestic consumption in FY 2024-25. Production
Slide 34: ONGC - A Key Oil & Gas Player
ONGC -A Key Oil & Gas Player India has sigr exploration blocks offered under the recent he dominant pla Proved Reserves (1P) MMTOE Crude Oil Production (MMT) Reserve Accretion (1P) MMTOE HT FY21 =FY22) «~FY23) «=FY24—=—sFY25 FY21 FY22) «FY23—«FY24—sFY25 FY21 FY22) -FY23)«FY24_—sFY25 WB onccstandaion
Slide 35: Experienced Management Team
Experienced Management Team
Slide 36: 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 37: For further information, please contact:
For further information, please contact: Registered & Corporate Office A 901-905, Sth Floor, 215 Atrium, Andheri Kurla Road, Andheri East, Mumbai - 400 093 Tel: (022) 6694 1800 Fax: (022) 6694 1818 Email: contact@seamec.in Website: www.seamec.in For more information Sunil Gupta VP- Strategy & Invest