Posted on December 21, 2025
Synopsis: The company has received this order for work at Jawaharlal Nehru Port for an order worth Rs. 58.39 crore.
The shares of this company provides dredging services, owning and operating marine craft, and repairing, maintaining and refitting marine crafts and marine infrastructure gained investor traction
With the market capitalization of Rs. 4,182.14 crore, Knowledge Marine Engineering Works Limited’s share on Friday made a day high of Rs. 3,503.40 per share, up by 1.1 percent from its previous day’s close price of Rs. 3,465.05 per share. It has delivered a return of 62.66 percent over a period of five years.
Significant Order
Knowledge Marine Engineering Works Limited (KMEW) has received a work order from Dredging Corporation of India Limited (DCIL) for rock dredging at Jawaharlal Nehru Port Authority (JNPA). The project involves removing rock pinnacles and high spots at the Coastal Berth and disposing of dredged material at DS-3 Dumping Ground.
The contract is valued at ₹58.39 crores (including taxes) and must be completed within 90 days from commencement, with 60 days for mobilization. It requires advanced techniques like underwater controlled blasting for rock with compressive strength over 170 megapascals, using specialized vessels including drilling barges and hopper dredgers
KMEW will dredge about 10,500 cubic meters of hard rock from depths up to 16 meters, leveraging its experience from prior projects like Mangrol Fishing Harbour (over 137,000 cubic meters). The company plans to use its fleet plus one additional vessel.
Followed by commentary of Mr. Sujay Kewalramani, CEO, that they are looking to position themselves in the port sector as comprehensive solution provider and on the completion of this complex project KMEW will have established unparalleled expertise in rock dredging across both shallow and deep-water environments
About the company
Incorporated in 2015, Knowledge Marine & Engineering Works Ltd engaged in dredging, owning, chartering/hiring, manning, operating, and technical maintenance of marine crafts, as well as repairs and maintenance of marine infrastructure in India and Myanmar.
Financial Highlights: The revenue from operations declined by 4 percent to Rs. 50.2 crore in Q2 FY26 from Rs. 52.5 crore in Q2 FY25. EBIT declined by 5 percent to Rs. 20 crore in Q2 FY26 from Rs. 21 crore in Q2 FY25. Accompanied by net profit decline of 11 percent to Rs. 11.9 crore in Q2 FY26.and EPS declined of 11 percent to Rs. 10.37 per share.