SEAMEC Limited (SEAMECLTD) AI Stock Analysis

• Market Cap: ₹27.24B
• Dividend Yield: N/A
• Average Volume (3M): 2.67K
• Price to Earnings (P/E): 31.0
• Beta (1Y): 0.63
• Revenue Growth: -12.66%
• EPS Growth: -44.61%
• Country: IN
• Employees: 59
• Sector: Energy
• Sector Strength: 52
• Industry: Marine Shipping
• EPS (TTM): -10.10
• Shares Outstanding: 25,425,000
• 10 Day Avg. Volume: 6,690
• 30 Day Avg. Volume: 2,666
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 6,333.63
• Revenue Forecast (FY): ₹757.81B

• Rating: 71 Outperform
• Price Target: ₹1,009.00 ▼(-7.61% Downside)

SEAMEC Limited's overall stock score reflects a strong financial foundation with robust cash flow and balance sheet stability. The technical indicators suggest positive momentum, supporting a favorable outlook. However, the valuation is moderate, and the lack of dividend yield may deter some investors. The absence of recent earnings call data and corporate events limits additional insights.

Positive Factors

Cash Generation Ability

The company's strong cash generation ability from operations indicates resilience and operational efficiency, supporting future investments and stability.

Balance Sheet Health

A strong equity base and manageable debt-to-equity ratio suggest prudent financial leverage, offering stability and potential for growth.

Profitability

Stable gross profit margins indicate consistent profitability, which is crucial for sustaining operations and funding future growth initiatives.

Negative Factors

Revenue Growth Decline

Declining revenue growth can signal challenges in market demand or competitive pressures, potentially impacting long-term business expansion.

Operational Margin Pressure

Decreased EBIT margins indicate rising operational costs or inefficiencies, which could reduce profitability and limit reinvestment capacity.

Asset Management Issues

Declining asset values and equity suggest inefficiencies in asset management, which could hinder the company's ability to leverage its resources effectively.

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 through multiple streams, primarily from its shipbuilding and repair services, which cater to both commercial and governmental clients. The company earns income from contracts for constructing new vessels, as well as from maintenance and repair services for existing ships. Additionally, SEAMEC engages in offshore engineering projects, providing specialized services that include installation and maintenance for oil and gas platforms. Significant revenue also comes from partnerships with major industry players, enabling the company to secure large contracts and projects. By diversifying its service offerings and establishing strategic alliances, SEAMEC Limited enhances its financial stability and growth potential.

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. Moving forward, focusing on revenue growth and maintaining operational efficiency will be crucial for enhancing financial performance.

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: Positive
• Last Price: 1092.10
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: 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 above the 20-day moving average (MA) of 1056.05, above the 50-day MA of 968.25, and above the 200-day MA of 912.16, indicating a bullish trend. The MACD of 34.76 indicates Positive momentum. The RSI at 57.71 is Neutral, neither overbought nor oversold. The STOCH value of 52.61 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SEAMECLTD	71 Outperform	₹27.24B	30.97	―	―	-12.66%	-44.61%
DOLPHIN	69 Neutral	₹18.11B	34.20	―	―	212.48%	135.64%
JINDRILL	66 Neutral	₹15.76B	4.69	―	0.18%	34.80%	252.88%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
SELAN	65 Neutral	₹12.82B	10.92	―	―	0.34%	-12.23%
HINDOILEXP	58 Neutral	₹19.95B	14.13	―	―	-16.59%	-16.91%
DEEPINDS	52 Neutral	₹25.74B	-65.45	―	0.67%	55.21%	-128.34%

SEAMEC Limited Corporate Events

SEAMEC III Vessel Charter Completion and Off-Hire

SEAMEC Limited announced that its vessel, SEAMEC III, has completed its charter with A.D. Engineers & Contractors LLP and has been off-hired as of December 16, 2025. This development may impact SEAMEC’s operational scheduling and resource allocation, potentially affecting its market positioning and stakeholder interests.

SEAMEC Limited’s Vessel ‘SEAMEC AGASTYA’ Arrives in India Post-Drydock

SEAMEC Limited announced the arrival of its vessel ‘SEAMEC AGASTYA’ in India after completing drydock maintenance in Colombo. The vessel is currently undergoing customs formalities and other necessary compliances before commencing its charter operations. This development marks a significant step in SEAMEC’s operational activities, potentially enhancing its service offerings and market presence in the offshore sector.

SEAMEC Limited’s MV GOODMAN Faces Temporary Off-hire

SEAMEC Limited announced that its vessel, MV GOODMAN, has been temporarily off-hired due to a technical issue as of November 18, 2025. The company anticipates that the repairs will be completed shortly, and the vessel will return to operation without affecting the overall project schedule, indicating minimal impact on their operations and commitments.

SEAMEC Limited Releases Earnings Call Recording for Investor Engagement

SEAMEC Limited announced the availability of an audio recording from its recent earnings call discussing financial results for the quarter and half year ending September 30, 2025. This move reflects SEAMEC’s transparency and engagement with analysts and institutional investors, potentially impacting investor confidence and market perception.

SEAMEC Limited Receives ‘CRISIL A+/Watch Developing’ Credit Rating

SEAMEC Limited has announced that CRISIL Ratings has assigned a ‘CRISIL A+/Watch Developing’ rating for its bank facilities, which have been increased to Rs. 533 Crore from Rs. 383 Crore. This rating indicates that the company is under ‘Rating Watch with Developing Implications’, suggesting potential changes in the company’s credit profile, which stakeholders should monitor closely.