SEAMEC Limited (SEAMECLTD) AI Stock Analysis

• Market Cap: ₹23.17B
• Dividend Yield: 0.11%
• Average Volume (3M): 3.71K
• Price to Earnings (P/E): 20.1
• Beta (1Y): 0.61
• Revenue Growth: -13.53%
• EPS Growth: -19.71%
• Country: IN
• Employees: 59
• Sector: Energy
• Sector Strength: 52
• Industry: Marine Shipping
• EPS (TTM): 29.80
• Shares Outstanding: 25,425,000
• 10 Day Avg. Volume: 1,213
• 30 Day Avg. Volume: 3,714
• PEG Ratio: -1.12
• Price to Book (P/B): 2.47
• Price to Sales (P/S): 3.82
• P/FCF Ratio: 10.39
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹994.00
• Price Target Upside: 9.06% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 69 Neutral
• Price Target: ₹994.00 ▲(9.06% Upside)

SEAMEC Limited's overall stock score reflects a balanced financial performance with strengths in cash flow and balance sheet stability. Technical analysis shows mixed signals, with some bearish momentum but short-term support. The valuation is reasonable, making it attractive for growth-oriented investors despite the lack of a dividend yield.

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 operations, logistics, mooring and de-mooring, and carnage services. It also operates bulk carrier vessels for providing bulk carrier services. The company was formerly known as South East Asia Marine Engineering & Construction Limited and changed its name to Seamec Limited in June 2007. The company was incorporated in 1986 and is based in Mumbai, India. Seamec Limited is a subsidiary of HAL Offshore Limited.

How the Company Makes Money

SEAMEC Limited generates revenue primarily through the chartering of its fleet of vessels to companies in the oil and gas industry. The company offers specialized services such as underwater engineering, diving operations, and subsea construction, which are critical to the maintenance and development of offshore infrastructure. Revenue streams include long-term contracts for vessel deployment, as well as project-based agreements for specific offshore tasks. SEAMEC Limited may also engage in strategic partnerships or collaborations with other firms in the marine and energy sectors to enhance its service offerings and expand its market reach.

SEAMEC Limited Financial Statement Overview

Summary

SEAMEC Limited exhibits a balanced financial profile with strengths in cash flow and balance sheet stability. While profitability remains a strong point, the decline in revenue and operational margins highlights areas for improvement. The company’s debt management is commendable, providing a stable financial platform.

Income Statement

SEAMEC Limited shows a mixed performance in its income statement. The gross profit margin has been relatively stable, maintaining good profitability. However, there is a noticeable decline in revenue from the previous year, indicating some challenges in growth. The net profit margin is decent, but the reduction in EBIT margin suggests increased operational pressures. Overall, while profitability metrics are positive, the revenue decline and reduced margins indicate some instability.

Balance Sheet

The company maintains a strong equity base, which provides a solid foundation for future growth. The debt-to-equity ratio is manageable, suggesting prudent financial leverage. Return on equity has been strong, indicating effective use of equity capital. However, the reduction in total assets and stockholders' equity over the years signals potential asset management issues. Overall, the balance sheet reflects financial stability with some areas needing improvement.

Cash Flow

SEAMEC Limited's cash flow statement shows strength with a positive operating cash flow to net income ratio, indicating effective cash generation from operations. The free cash flow has seen significant improvement, reflecting better cash management. The ability to generate free cash flow, despite past fluctuations, demonstrates resilience and operational efficiency. Overall, the cash flow position is robust, supporting the company’s operations and potential investments.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	6.48B	6.52B	7.29B	4.37B	3.49B	2.56B
Gross Profit	3.05B	1.40B	1.68B	1.06B	1.12B	635.02M
EBITDA	1.81B	2.53B	2.72B	1.47B	1.76B	1.69B
Net Income	1.16B	896.20M	1.20B	330.06M	832.11M	985.62M
Balance Sheet
Total Assets	0.00	13.79B	14.07B	10.64B	9.71B	8.59B
Cash, Cash Equivalents and Short-Term Investments	1.40B	1.40B	1.37B	785.89M	1.15B	608.65M
Total Debt	0.00	2.31B	3.27B	1.39B	1.27B	958.06M
Total Liabilities	-10.07B	3.72B	4.95B	2.73B	2.19B	1.95B
Stockholders Equity	10.07B	10.08B	9.11B	7.90B	7.48B	6.62B
Cash Flow
Free Cash Flow	0.00	2.40B	-1.72B	-2.39B	-1.12B	44.68M
Operating Cash Flow	0.00	2.93B	1.50B	532.84M	939.42M	1.06B
Investing Cash Flow	0.00	-1.75B	-3.18B	-49.81M	-1.27B	-1.25B
Financing Cash Flow	0.00	-961.90M	1.42B	-417.69M	428.79M	-215.88M

SEAMEC Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 911.40
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SEAMECLTD, the sentiment is Neutral. The current price of 911.4 is below the 20-day moving average (MA) of 928.67, above the 50-day MA of 883.38, and below the 200-day MA of 939.18, indicating a neutral trend. The MACD of 3.86 indicates Positive momentum. The RSI at 48.50 is Neutral, neither overbought nor oversold. The STOCH value of 12.69 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:SEAMECLTD.

SEAMEC Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SELAN	73 Outperform	₹8.26B	12.32	15.75%	―	22.05%	46.02%
SEAMECLTD	69 Neutral	₹23.17B	20.06	―	0.11%	-13.53%	-19.71%
JINDRILL	69 Neutral	₹17.20B	7.23	13.59%	0.17%	31.27%	187.19%
HINDOILEXP	68 Neutral	₹22.92B	15.36	11.14%	―	-49.37%	-26.26%
DOLPHIN	64 Neutral	₹15.44B	30.72	17.06%	―	481.64%	258.51%
DEEPINDS	57 Neutral	₹32.54B	-47.62	-4.95%	0.60%	45.21%	-152.68%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%

SEAMEC Limited Corporate Events

SEAMEC Limited Secures Charter Hire Agreement for SEAMEC III

SEAMEC Limited has announced a Bimco Charter Party agreement with A.D. Engineers & Contractors LLP for the charter hire of its vessel SEAMEC III. The vessel will be used for SAT Diving and Air Diving operations in the ONGC Oilfield on the West Coast of India. The contract is valued at approximately INR 61.13 crore and is set for a firm period of 70 days, with an option for extension. This agreement is expected to enhance SEAMEC’s operational capabilities and strengthen its market position in the marine services sector.

SEAMEC Limited Announces 38th AGM via Video Conferencing

SEAMEC Limited has announced the scheduling of its 38th Annual General Meeting (AGM) to be held on August 14, 2025, via video conferencing, as per the regulations set by the Ministry of Corporate Affairs. This move underscores the company’s commitment to maintaining transparent communication with its stakeholders while adhering to regulatory requirements. The AGM will provide an opportunity for shareholders to engage with the company’s management and discuss its financial performance and strategic direction.