SEAMEC Limited (IN:SEAMECLTD)
:SEAMECLTD
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SEAMEC Limited
(SEAMECLTD)
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Rating:68Neutral
Price Target:
₹1,660.00
▲(52.00% Upside)
Action:DowngradedDate:01/30/26
The score is primarily supported by solid financial quality (strong cash flow and stable leverage) and a clear technical uptrend. It is held back by premium valuation (high P/E) and signs of overheated momentum (very high RSI/Stoch), alongside income-statement softness from declining revenue and pressured operating margins.
Positive Factors
Strong free cash flow generation
SEAMEC’s improved free cash flow and a positive operating cash flow to net income ratio indicate durable cash-generation ability. Robust operational cash converts earnings to liquidity, supporting capex, debt service, and opportunistic investments without reliance on volatile external financing.
Negative Factors
Revenue decline and pressured EBIT margins
Reported revenue declines coupled with a reduction in EBIT margin point to persistent operational pressures—either weaker pricing, lower utilization, or higher operating costs. If sustained, these trends erode profitability and constrain reinvestment capacity over several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong free cash flow generation
SEAMEC’s improved free cash flow and a positive operating cash flow to net income ratio indicate durable cash-generation ability. Robust operational cash converts earnings to liquidity, supporting capex, debt service, and opportunistic investments without reliance on volatile external financing.
Read all positive factors
SEAMEC Limited (SEAMECLTD) vs. iShares MSCI India ETF (INDA)
Market Cap
₹38.73B
Dividend YieldN/A
Average Volume (3M)2.67K
Price to Earnings (P/E)7.0
Beta (1Y)0.51
Revenue Growth-12.66%
EPS Growth-44.61%
CountryIN
Employees59
SectorEnergy
Sector Strength52
IndustryMarine Shipping
Share Statistics
EPS (TTM)39.20
Shares Outstanding25,425,000
10 Day Avg. Volume6,690
30 Day Avg. Volume2,666
Financial Highlights & Ratios
PEG Ratio-1.12
Price to Book (P/B)2.47
Price to Sales (P/S)3.82
P/FCF Ratio10.39
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)168.5
Revenue Forecast (FY)₹9.66B
SEAMEC Limited Business Overview & Revenue Model
Company Description
Seamec Limited provides oilfield and diving support vessel services in India and internationally. The company's services include vessel management, marine management, dive support, firefighting, subsea construction, ROV support, pipelaying, rescue...
How the Company Makes Money
SEAMEC makes money by executing offshore marine and subsea service contracts for clients (typically energy companies and offshore contractors) and billing for the use of its specialized assets and project services. Its primary revenue model is pro...
SEAMEC Limited Financial Statement Overview
Summary
Income Statement
67
Positive
Balance Sheet
72
Positive
Cash Flow
78
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 6.57B | 6.52B | 7.29B | 4.37B | 3.49B | 2.56B |
| Gross Profit | 2.49B | 1.40B | 1.68B | 1.06B | 1.12B | 635.02M |
| EBITDA | 1.93B | 2.53B | 2.72B | 1.47B | 1.76B | 1.69B |
| Net Income | 879.50M | 896.20M | 1.20B | 330.06M | 832.11M | 985.62M |
Balance Sheet | ||||||
| Total Assets | 16.24B | 13.79B | 14.07B | 10.64B | 9.71B | 8.59B |
| Cash, Cash Equivalents and Short-Term Investments | 1.56B | 1.40B | 1.37B | 785.89M | 1.15B | 608.65M |
| Total Debt | 4.05B | 2.31B | 3.27B | 1.39B | 1.27B | 958.06M |
| Total Liabilities | 5.46B | 3.72B | 4.95B | 2.73B | 2.19B | 1.95B |
| Stockholders Equity | 10.75B | 10.08B | 9.11B | 7.90B | 7.48B | 6.62B |
Cash Flow | ||||||
| Free Cash Flow | -2.14B | 2.40B | -1.72B | -2.39B | -1.12B | 44.68M |
| Operating Cash Flow | -588.90M | 2.93B | 1.50B | 532.84M | 939.42M | 1.06B |
| Investing Cash Flow | -1.01B | -1.75B | -3.18B | -49.81M | -1.27B | -1.25B |
| Financing Cash Flow | 1.34B | -961.90M | 1.42B | -417.69M | 428.79M | -215.88M |
SEAMEC Limited Technical Analysis
Positive
1092.10
Price Trends
1349.83
Positive
1179.37
Positive
1024.75
Positive
Market Momentum
54.62
Negative
66.23
Neutral
73.40
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SEAMECLTD, the sentiment is Positive. The current price of 1092.1 is below the 20-day moving average (MA) of 1411.41, below the 50-day MA of 1349.83, and above the 200-day MA of 1024.75, indicating a bullish trend. The MACD of 54.62 indicates Negative momentum. The RSI at 66.23 is Neutral, neither overbought nor oversold. The STOCH value of 73.40 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:SEAMECLTD.
SEAMEC Limited Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | ₹16.13B | 36.12 | ― | ― | 212.48% | 135.64% | |
69 Neutral | ₹20.50B | 62.34 | ― | ― | -16.59% | -16.91% | |
68 Neutral | ₹38.73B | 7.02 | ― | ― | -12.66% | -44.61% | |
68 Neutral | ₹15.61B | -12.45 | ― | 0.18% | 34.80% | 252.88% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
52 Neutral | ₹29.21B | 10.83 | ― | 0.67% | 55.21% | -128.34% |
* Energy Sector Average
IN:SEAMECLTD
SEAMEC Limited
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SEAMEC Limited Corporate Events
SEAMEC’s SEAMEC DIAMOND Returns to Service on ONGC Contract
Apr 10, 2026
SEAMEC Limited has announced that its vessel SEAMEC DIAMOND has completed statutory drydocking and has returned to operational service. The ship has rejoined the field and resumed its contract with state-run oil and gas company ONGC, going back on...
Seamec Puts Offshore Vessel SAMUDRA SEVAK on Hire
Mar 30, 2026
Seamec Limited has disclosed that its vessel SAMUDRA SEVAK is now on hire, confirming active deployment following an earlier intimation dated March 13, 2026. The hiring of this specialized vessel signals ongoing business activity and revenue-gener...
Seamec bags Rs 330 crore ONGC O&M contract for offshore vessel Samudra Prabha
Mar 27, 2026
Seamec Limited has secured a significant domestic contract as part of a consortium with Supreme Hydro Pvt. Ltd. from Oil and Natural Gas Corporation Limited to provide operation and maintenance services for ONGC’s multi-support vessel Samudr...
Seamec to Engage Investors at Arihant Capital Bharat Connect Conference
Mar 6, 2026
Seamec Limited has informed stock exchanges that its officials will participate in the Arihant Capital Bharat Connect Conference: Rising Stars – March 2026, engaging with analysts and institutional investors via a virtual group meeting on Ma...
Seamec’s SEAMEC II Returns to Offshore Field to Resume ONGC Contract
Mar 1, 2026
Seamec Limited has announced that its offshore support vessel SEAMEC II has completed a regulatory Flag State Inspection and has sailed back to the offshore field as of March 1, 2026, to resume its contract with ONGC. The redeployment of SEAMEC II...
SEAMEC Wins Extended ONGC Charter for Offshore Vessel SEAMEC II
Feb 6, 2026
SEAMEC Limited has announced that the charter hire contract for its offshore support vessel SEAMEC II has been further extended by Oil and Natural Gas Corporation (ONGC) until August 25, 2026, with all existing terms and conditions remaining uncha...
Seamec Releases Q3 FY26 Financials and Investor Presentation
Jan 30, 2026
Seamec Limited has approved its unaudited standalone and consolidated financial results for the quarter and nine-month period ended December 31, 2025, at a board meeting held on January 30, 2026. In conjunction with these results, the company has ...
SEAMEC Sends Key Vessel to Dubai for Statutory Drydocking Before Returning to ONGC Charter
Jan 18, 2026
SEAMEC Limited has announced that its vessel SEAMEC PALADIN sailed to Dubai on 17 January 2026 to undergo statutory drydocking, a mandatory maintenance and inspection procedure. Following completion of this drydock, the vessel is scheduled to retu...
Seamec’s Vessel SEAMEC AGASTYA Returns to Service After Technical Fix
Jan 17, 2026
Seamec Limited has reported that its offshore vessel SEAMEC AGASTYA, which had been off-hire for technical reasons, has completed technical redressal and returned to operational status, resuming hire from January 16, 2026 at 22:00 hours. The redep...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.