Knowledge Marine & Engineering Works Ltd Share Price – NSE  / BSE

Ship Building, Small Cap

The contract involves the design, construction, supply, testing and commissioning of 10 hybrid electric passenger ferries, each with a capacity of 20 passengers, along with maintenance and support services.

The total contract value comprises Rs 65.52 crore, including taxes, towards the construction of the ferries and Rs 0.59 crore, including taxes, towards maintenance and support.

The ferries are scheduled to be designed, constructed, supplied, tested and commissioned within 10 months from the receipt of the work order. The contract also includes a maintenance and support commitment for a period of 60 months.

The company said the order marks the first external commercial shipbuilding contract secured by Knowledge Shipyard and represents its entry into the green maritime infrastructure segment. Knowledge Marine & Engineering Works is engaged in the business of dredging, marine engineering, repair and maintenance of marine crafts and allied services.

Knowledge Marine & Engineering Works is engaged in providing dredging services, owning and operating marine crafts, and undertaking the repair, maintenance and refit of marine crafts and marine infrastructure. The company's consolidated net profit surged 140.68% to Rs 26.21 crore on a 42.42% increase in revenue from operations to Rs 67.62 crore in Q4 FY26 as compared with Q4 FY25.

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Knowledge Marine & Engineering Works (KMEW) announced that a consortium comprising Knowledge Shipyard (KSPL), as Lead Partner, and Knowledge Marine & Engineering Works, has received a prestigious contract from the Inland Waterways Authority of India (IWAI), Ministry of Ports, Shipping and Waterways, Government of India, for design, construction, supply, testing and commissioning of 10 Hybrid Electric Passenger Ferries having a capacity of 20 passengers each.

The contract carries an aggregate value of Rs 66.11 crore including applicable taxes (Rs 65.52 crore including applicable taxes for construction of ferries and Rs 0.59 crore including applicable taxes for maintenance and support) and is scheduled to be executed over a period of 10 months, followed by a 60-month maintenance and support commitment, enabling the Group to establish a long-term engagement with a marquee Government client.

Knowledge Marine & Engg. Works will hold a meeting of the Board of Directors of the Company on 29 May 2026.

Knowledge Marine & Engineering Works (KMEW) announced the acquisition of ~15 acres of prime waterfront land (with an additional 5-acre expansion option) at Saphale, Palghar, Maharashtra. Executed through its subsidiary, Knowledge Shipyard, the acquisition marks a pivotal step in KMEW's evolution into a technology-driven, sustainable shipbuilding enterprise.

This development follows KMEW's recent entry into commercial shipbuilding and establishes a dedicated platform for scalable, future-ready maritime infrastructure.

Located along the Vaitarna River and in close proximity to the upcoming Vadhvan Port, the site offers strong multimodal connectivity and natural marine advantages, including: 

• ~188m waterfront access
• Natural slipway with ~6m high-tide draft
• Robust river width enabling efficient vessel movement