Seamec Limited Reports Audited Standalone & Consolidated Financial Results for Q4 FY26
Seamec Limited reported record annual revenue and profitability for FY26. Q4 FY26 standalone revenue rose 53% YoY to ₹316.6 crore, with PAT up 48% to ₹87.2 crore. Consolidated Q4 FY26 revenue increased 58% YoY to ₹330.4 crore, and PAT surged 153% to ₹103.7 crore. FY26 PAT grew 110% (standalone) and 188% (consolidated).
The announcement includes strong financial results with record annual performance and substantial year-on-year growth, alongside significant business updates like contract extensions and new awards, which are material to investors.
The company reported record annual revenue and profitability, with significant year-on-year growth in both standalone and consolidated financial results for Q4 FY26 and FY26, indicating strong operational performance and market demand.
Seamec Limited announced the Audited Standalone & Consolidated Financial Results for the quarter and financial year ended March 31, 2026. The Board of Directors considered and approved these results on Monday, May 18, 2026. An investor presentation detailing these results has been made available on the company's website (https://www.seamec.in/).
For the fourth quarter of FY26, Seamec reported revenue of ₹316.6 crore, a significant year-on-year increase of 53% from ₹207.4 crore in Q4 FY25. EBITDA for the quarter stood at ₹138.4 crore, up 32% from ₹104.6 crore in the previous year, with an EBITDA margin of 43.7%. Profit After Tax (PAT) for the quarter surged by 48% to ₹87.2 crore from ₹58.8 crore in Q4 FY25.
On a consolidated basis, Q4 FY26 revenue was ₹330.4 crore, an increase of 58% year-on-year. Consolidated EBITDA rose by 78% to ₹162.4 crore, and PAT saw a substantial jump of 153% to ₹103.7 crore from ₹41.0 crore in Q4 FY25.
For the full financial year FY26, Seamec achieved its highest-ever annual revenue and profitability. Standalone revenue grew by 44% to ₹947.5 crore, and PAT increased by 110% to ₹242.4 crore. Consolidated revenue for FY26 was ₹1000.0 crore, up 47% year-on-year, with PAT growing by an impressive 188% to ₹253.5 crore.
Key business updates include the extension of the contract for SEAMEC II by ONGC through August 2026, resumption of operations for SEAMEC Diamond with ONGC, and receiving a Notification of Award for Operation & Maintenance (O&M) Services for two ONGC-owned MSVs. However, Seamec Paladin remains stranded in a Dubai yard due to the ongoing situation in West Asia.
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Seamec Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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