Seamec Limited · NSE:SEAMECLTD
Seamec — Q2 FY26 Earnings Presentation
37 slides from Seamec's earnings presentation, Nov 10, 2025
Slide 1: Seamec Limited stock exchange intimation letter
SEAMEC LIMITED A member of MMG l'fllGV,.WAl..GIIOIJP Regd. Office: A-901-905, 9th Floor, 215 Atrium , Andheri Kurla Road , Andheri (East), Mumbai 400 093, India Tel. : +91-22-66941800 • Fax : +91 -22-6694 1818 • E-mail: contact@seamec.in • CIN : L63032MH1986PLC154910 SEAMEC/BSE&NSE/SMO/ INVESTORPRES
Slide 2: Investors Presentation | Q2 FY26
SEAMEC LIMITED Investors Presentation | Q2 FY26
Slide 3: Safe Harbor Statement
Safe Harbor Statement ~ SEAMEC LIMITED Quarterly Update 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 in
Slide 4: Quarterly Update Q2 FY26
SEAMEC LIMITED Quarterly Update Q2 FY26
Slide 5: Standalone Financial Highlights of Q2 FY26 and H1 FY26
Standalone Financial Highlights of Q2 FY26 and H1 FY26 SEAMEC LIMITED I I Revenue EBITDA I I Cash Profit PAT I I I 116 I I 110 80 223 I Quarterly I I I I I I I I I 102 - 91 37 I 31 I I 3 -26 I I I I - I ■ I 9 I 4 I I I Q2 FY25 Q1 FY26 Q2 FY26 Q2 FY25 Q1 FY26 Q2 FY26 I I Q2 FY25 Q1 FY26 Q2 FY26 Q2 FY
Slide 6: Standalone Financial Highlights of Q2 FY26
Standalone Financial Highlights of Q2 FY26 __________________ SEAMECUMITED Particulars Revenue Operating Expenses EBITDA EBITDA Margin Q2 FY26 91.4 82.3 9.2 10.0% ----Q2 FY25 101.7 65.2 36.6 35.9% Y-o-Y% -10% 26% -75% Q1 FY26 222.9 107.3 115.6 51.9% Rs. In crore Q-o-Q% -59% -23% -92% Finance Cost 4.
Slide 7: Standalone Financial Highlights of H1 FY26
Standalone Financial Highlights of H1 FY26 SEAMEC LIMITED Rs. In crore Particulars H1 FY26 H1FY25 Y-o-Y% Revenue 314.3 319.5 -2% Operating Expenses 189.5 196.8 EBITDA 124.8 122.7 2% EBITDA Margin 39.7% 38.4% Finance Cost 6.8 7.1 Depreciation 59.9 55.7 Profit Before Exceptional Items 58.1 60.0 -3% Ex
Slide 8: Standalone Key Financial Ratios
Standalone Financial Highlights of H1 FY26 SEAMEC LIMITED Key Financial Ratios ► ► 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 77
Slide 9: Consolidated Financial Highlights of Q2 FY26 and H1 FY26
Consolidated Financial Highlights of Q2 FY26 and H1 FY26 SEAMEC LIMITED I I Revenue EBITDA I I Cash Profit I I I I I 231 I 110 Quarterly 117 I I 76 I I I I I- I I 110 108 I - I I I I 38 I 32 I 0.2 -26 ■ ■ 18 I 12 ■ I I I I Q2 FY25 Q1 FY26 Q2 FY26 Q2 FY25 Q1 FY26 Q2 FY26 I I Q2 FY25 Q1 FY26 Q2 FY26 Q
Slide 10: Consolidated Financial Highlights of Q2 FY26
Consolidated Financial Highlights of Q2 FY26 SEAMEC LIMITED Rs. In crore Particulars Q2 FY26 Q2 FY25 Y-o-Y% Q1 FY26 Q-o-Q% Revenue 107.5 110.3 -3% 230.7 -53% Operating Expenses 89.6 72.4 24% 114.0 -21% EBITDA 17.9 37.9 -53% 116.7 -85% EBITDA Margin 16.6% 34.4% 50.6% Finance Cost 5.0 4.0 23% 3.5 41%
Slide 11: Consolidated Financial Highlights of H1 FY26
Consolidated Financial Highlights of H1 FY26 SEAMEC LIMITED Rs. In crore Particulars H1 FY26 H1FY25 Y-o-Y% Revenue 338.2 333.2 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%
Slide 12: Consolidated Key Financial Ratios
Consolidated Financial Highlights of H1 FY26 SEAMEC LIMITED 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 11 11
Slide 13: Business Update
Business Update SEAMEC LIMITED • 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 Proje
Slide 14: Company Overview
SEAMEC LIMITED Company Overview
Slide 15: Our Journey
Our Journey ~ SEAMEC LIMITED ► - 2010 ► 2020-21 Expansion Expansion o Stepdown Subsidiary o Incorporated WOS “Seamec International FZE” “Seamate Shipping FZC” o Formed JV “Seamec 2023-26 ► Nirman Infra Ltd” for Tunnel projects Current Status o Acquired Aarey Organic Industries Private Limited to car
Slide 16: Company Overview
Company Overview SEAMEC LIMITED 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 offs
Slide 17: Key Competitive Strengths
Key Competitive Strengths SEAMEC LIMITED Strong parentage of Technical expertise and Low maintenance cost MMG strengthening financial strength due to proactive financial position and boosting us to a leading preventive maintenance market reputation position in tendering process 01 02 03 04 05 06 07
Slide 18: Broad Range of Services
Broad Range of Services SEAMEC LIMITED IMR Operations ROV Operations Subsea Construction Pollution Control Fire Fighting Rescue Operations • Carrying out Inspection, • Supporting Remotely • Undertaking operations • Facilitating pollution • Supporting sub-sea fire • Undertaking Rescue Maintenance, an
Slide 19: Our Marquee Clients
Our Marquee Clients SEAMEC LIMITED Oilfield Services (_ _Services Bulk Carrier _) "'11_ ) L&T Hydrocarbon 6,.pQSH United Marine Engineering Excellence Through Safety @ CLIPPER James Fisher and Sons pie Manne Services Wor dw1de I &1K=:,c1 ■ .. ~.,.., .,,. SUBSEA ....,, MERMAID Going Beyond Limits EAG
Slide 20: Promoting Environmental and Oceanic Sustainability
Promoting Environmental and Oceanic Sustainability SEAMEC LIMITED Adhering to Ballast Comprehensive Utilizing Low Sulphur Minimizing Plastic Lowering Consumption Water Management Waste Management Content Diesel Use of Electricity and Paper (BWM) Regulations procedures Compliant with IMO regulations
Slide 21: Adhering to Highest Safety Standards
Adhering to Highest Safety Standards ________________ SEAMECUMITED 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 complia
Slide 22: SEAMEC: Strong Asset Portfolio
SEAMEC LIMITED SEAMEC: Strong Asset Portfolio
Slide 23: Asset Portfolio – Diving Support Vessels
Asset Portfolio – Diving Support Vessels ~ SEAMEC LIMITED o Diving Support Vessels are specialized ships designed to facilitate offshore diving operations quipped with dedicated facilities for divers, advanced diving equipment, and control systems o DSVs provides services, which include S.B.M mainte
Slide 24: Asset Portfolio – Diving Support Vessels
Asset Portfolio – Diving Support Vessels SEAMEC LIMITED 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 23
Slide 25: Asset Portfolio – Offshore Support Vessels
Asset Portfolio – Offshore Support Vessels 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 o They are integral to getting supplies and materi
Slide 26: Asset Portfolio – Barge
Asset Portfolio – Barge o A barge is a specialized watercraft designed for transporting goods and commodities on navigable waterways such as rivers and canals. o Its distinctive flat-bottomed structure allows it to navigate shallow waters, making it well-suited for inland transportation. o One of th
Slide 27: Asset Portfolio – Bulk Carrier
Asset Portfolio – Bulk Carrier o Bulk carriers are specialized vessels designed for the efficient transportation of large quantities of dry bulk cargo, including commodities like coal, iron ore, and grains. o We own and operate three main fleet shipping bulk carriers of varying tonnage capacities, p
Slide 28: Indian Industry Landscape
SEAMEC LIMITED Indian Industry Landscape
Slide 29: Future Outlook for India's Oil & Gas Sector
Future Outlook for India’s Oil & Gas Sector SEAMEC LIMITED Crude Oil Consumption Energy Demand • Forecast Growth: CAGR of 4.59%, reaching 500 million tonnes by FY40 from 223 million tonnes in FY23 • Barrel Consumption: o FY22: 4.05 MBPD o 2030: 7.2 MBPD 8 • Growth Rate: Faster than all major global
Slide 30: Recent Developments and Investments in India's Oil & Gas Sector
Recent Developments and Investments in India's Oil & Gas Sector ~ SEAMEC LIMITED Investments • 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 Production • Peak Production Forecast: Expected mid-decade peak
Slide 31: Offshore Support Vessel Market Overview (2022 - 2027)
Offshore Support Vessel Market Overview (2022 - 2027) -------r==========~ Key Drivers Industry Trends Market Growth Forecast SEAMEC LIMITED • Expansion of production capabilities. Rising Demand • Enhanced supply chain resilience. Increased global need for oil and natural gas • Focus on energy securi
Slide 32: Driving Growth in Offshore Oilfields
Driving Growth in Offshore Oilfields SEAMEC LIMITED *Fig in USD Mn Why Offshore Exploration ? • Depletion of Onshore Reserves: As onshore oil reserves are exhausting; focus 1614 is shifting to offshore exploration. • Higher Potential: Offshore oilfields present significant opportunities due to 14% t
Slide 33: Indian Offshore Oilfield Industry
Indian Offshore Oilfield Industry SEAMEC LIMITED I , Current Oil Industry Dynamics ---------------------------------------------,, '' ''' 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
Slide 34: ONGC – A Key Oil & Gas Player
ONGC – A Key Oil & Gas Player India has signed contracts for ten oil and gas exploration blocks offered under the recent Open Acreage Licensing Policy (OALP-VIII) bid round. ONGC emerged as the dominant player in the OALP-VIII bid round, securing seven out of ten blocks Proved Reserves (1P) MMTOE Cr
Slide 35: Experienced Management Team
SEAMEC LIMITED Experienced Management Team
Slide 36: Experienced Management Team
Experienced Management Team SEAMEC LIMITED Board of Directors Key Management Mrs. Ruby Srivastava IRS (Retired) Mr. Vinay Kumar Agarwal Independent Woman Director Chief Financial Officer Retired Civil servant in the Government of India, with more than 35 years experience of overall 25 + Yrs in Finan
Slide 37: Thank You
For further information, please contact: Registered & Corporate Office A 901-905, 9th Floor, 215 Atrium, SEAMEC LIMrFED 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- St