Seamec Limited · NSE:SEAMECLTD
Seamec — Q2 FY27 Earnings Presentation
36 slides from Seamec's earnings presentation, Nov 3, 2026
Slide 1: SEAMEC Limited exchange intimation letter
SEAMEC LIMITED A member of MMG MMK,llJ,,.WAJ..GROUP Regd. Office: A-901-905, 9th Floor, 215 Atrium, Andheri Kurla Road, Andheri (East), Mumbai 400 093, India Tel.: +91-22-6694 1800 • Fax: +91-22-6694 1818 • E-mail: contact@seamec.in • CIN : L63032MH 1986PLC 154910 SEAMEC/BSE&NSE/SMO/ INVESTORPRESENT
Slide 2: Investor Presentation | Q2 & H1 FY27
SEAMEC LIMITED Investor Presentation | Q2 & H1 FY27
Slide 3: Disclaimer
Disclaimer SEAMEC LIMITED This presentation has been prepared by SEAMEC Limited (the “Company”) 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
Slide 4: Table Of Contents
Table Of Contents ~ SEAMEC LIMITED Financial Company Highlights Overview Business Overview Industry Overview
Slide 5: Financial Highlights
Financial Highlights _ —=
Slide 6: Chairman's Message
Chairman’s Message SEAMEC LIMITED 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 continu
Slide 7: Standalone Financial Highlights – Quarterly & Half Yearly
Standalone Financial Highlights – Quarterly & Half Yearly SEAMEC LIMITED Revenue EBITDA Cash Profit PAT Quarterly (Rs. Crore) 283 124 117 81 184 51 83 0.2 31 - 4 Q1 FY27 Q2 FY26 Q2 FY27 Q1 FY27 Q2 FY26 Q2 FY27 Q1 FY27 - 4 Q2 FY26 Q2 FY27 I I Q1 FY27 -26 Q2 FY26 Q2 FY27 I I I ------------------------
Slide 8: Q2 FY27 Standalone Financial Highlights
Q2 FY27 Standalone Financial Highlights SEAMEC LIMITED Rs. in Crore Q2 FY27 Q2 FY26 Y-o-Y % Q1 FY27 / ~~--------------------~, ' I ' I \ Revenue 183.6 82.4 123% 283.3 I 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 acquire
Slide 9: H1 FY27 Standalone Financial Highlights
H1 FY27 Standalone Financial Highlights SEAMEC LIMITED / ~~--------------------~, ' Rs. in Crore H1 FY27 H1 FY26 Y-o-Y % I I ' \ Revenue 467.0 283.8 65% I 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 an
Slide 10: Consolidated Financial Highlights – Quarterly & Half Yearly
Consolidated Financial Highlights – Quarterly & Half Yearly SEAMEC LIMITED Revenue EBITDA Cash Profit PAT Quarterly (Rs. Crore) 124 131 297 81 103 198 50 97 38 Q1 FY27 Q2 FY26 Q2 FY27 Q1 FY27 -8 Q2 FY26 Q2 FY27 Q1 FY27 - 12 Q2 FY26 Q2 FY27 I I Q1 FY27 ___________________________________ J __________
Slide 11: Q2 FY27 Consolidated Financial Highlights
Q2 FY27 Consolidated Financial Highlights SEAMEC LIMITED / ~~--------------------~, ' Rs. in Crore Q2 FY27 Q2 FY26 Y-o-Y % Q1 FY27 I I ' \ I \ 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 Co
Slide 12: H1 FY27 Consolidated Financial Highlights
H1 FY27 Consolidated Financial Highlights SEAMEC LIMITED / ~~--------------------~, ' Rs. in Crore H1 FY27 H1 FY26 Y-o-Y % I I ' \ I \ 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 5
Slide 13: Key Cons. Balance Sheet Highlights
Key Cons. Balance Sheet Highlights SEAMEC LIMITED 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 -----------------------------------------T---------
Slide 14: Company Overview
Company Overview
Slide 15: About Us
About Us SEAMEC LIMITED A leading provider of specialized engineering services to the offshore oil & gas industry, delivering critical solutions across subsea and marine operations e About Us • Incorporated as Peerless Leasing Pvt Ltd in 1986 Cl- Operations • Offshore Specialize Engineering Services
Slide 16: Corporate Structure
Corporate Structure SEAMEC LIMITED Promoter holding in Seamec: ~72.72% Seamec was acquired by HAL Offshore in 2014 from • the erstwhile Techipndia (Technip) group. Our Subsidiaries Seamec International FZE e Seamate Shipping FZC Aarey Organic Industries Seamec UK Investments Ltd Seamec Nirman Infra
Slide 17: Journey So Far
Journey So Far SEAMEC LIMITED 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 Formed JV “Seamec o Incorporated WOS Nirman Infra Ltd” for “Seamec International FZE” Tunnel pro
Slide 18: Experienced Management Team
Experienced Management Team SEAMEC LIMITED 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 instrume
Slide 19: Experienced Management Team
Experienced Management Team SEAMEC LIMITED 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.
Slide 20: Experienced Management Team
Experienced Management Team SEAMEC LIMITED 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, accou
Slide 21: Key Strengths
Key Strengths SEAMEC LIMITED A formidable player in Vibrant leadership and Healthy Financial Competent and prudent offshore shipping competent management position with adequate commercial management backed by India’s largest bandwidth having strong liquidity providing facilitating revenue visibility
Slide 22: Business Overview
Business Overview Q2 & H1 FY27
Slide 23: Asset Portfolio – Diving Support Vessels
Asset Portfolio – Diving Support Vessels ® SEAMEC LIMITED - _jL ~ • Diving Support Vessels are specialized ships designed to facilitate offshore diving operations equipped with dedicated facilities for divers, advanced diving equipment, and control systems SEAMEC II Built Year: 1982 Procurement Year
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
Slide 25: SEAMEC Anant Fleet Addition
SEAMEC Anant Fleet Addition SEAMEC LIMITED 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
Slide 26: Asset Portfolio – Offshore Support Vessels
Asset Portfolio – Offshore Support Vessels SEAMEC LIMITED • 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 offsh
Slide 27: Asset Portfolio – Barge
Asset Portfolio – Barge SEAMEC LIMITED • 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. P
Slide 28: Asset Portfolio – Bulk Carrier
Asset Portfolio – Bulk Carrier ® SEAMEC LIMITED 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 marke
Slide 29: Fleet Expansion & Capital Allocation
Fleet Expansion & Capital Allocation SEAMEC LIMITED Fleet Expansion Supporting Future Growth Recent Additions • SEAMEC Agastya commenced operations during FY26 •SEAMEC Anant commenced operations during Oct 2026 Upcoming Growth • Expected to enhance fleet capability and revenue generation potential •
Slide 30: Industry Overview
Industry Overview Q2 & H1 FY27
Slide 31: Global Offshore Marine Services Market
Global Offshore Marine Services Market ® SEAMEC LIMITED 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 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 include
Slide 33: India's Offshore Capex Cycle
India’s Offshore Capex Cycle SEAMEC LIMITED Government Launches "Samudra Manthan" – National Offshore Exploration Scheme Key Highlights • Government of India approved ₹84,084 crore National Offshore Exploration Scheme (“Samudra Manthan”) on 31 July 2026. • Total outlay: ₹84,084 crore through FY2030-
Slide 34: Indian Growing Offshore Exploration Footprint
Indian Growing Offshore Exploration Footprint SEAMEC LIMITED 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 o
Slide 35: Key Growth Drivers for Offshore Services Industry
Key Growth Drivers for Offshore Services Industry SEAMEC LIMITED Growth Driver Impact on SEAMEC -• Deepwater Exploration Growth Global Upstream Capex Recovery 0 0 Very High High Created by Bruno Gätjens González Ageing Offshore Infrastructure . 0 Very High e I Offshore Decommissioning Market . 0 Med
Slide 36: Thank You
SEAMEC LIMITED Thank You ------E) 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