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Knowledge Marine & Engineering Works Ltd (KMEW), a leading player in India’s marine infrastructure and dredging services sector, has secured a significant work order valued at Rs 475.9 million. The announcement, made on September 9, 2025, marks a strategic win for the Mumbai-based company, reinforcing its position in the maritime engineering space and expanding its operational footprint across key coastal zones.
The new contract is expected to contribute meaningfully to KMEW’s topline in FY26 and aligns with its broader growth strategy focused on port modernization, inland waterway development, and coastal resilience.
Key Highlights From The Work Order
- Knowledge Marine & Engineering Works has received a Rs 475.9 million work order from a government-backed port authority
- The scope includes capital dredging, channel deepening, and berth maintenance
- The project is scheduled for completion within 12 months, with phased execution beginning in Q4 FY25
- KMEW will deploy its proprietary dredging equipment and hydrographic survey systems for precision execution
- The order adds to the company’s robust pipeline, which now exceeds Rs 1,200 crore in active contracts
Scope Of Work And Technical Specifications
The awarded project involves a combination of capital and maintenance dredging, aimed at enhancing navigability and operational efficiency of a mid-sized commercial port. The scope includes:
- Removal of sediment and silt from approach channels and turning basins
- Deepening of berths to accommodate larger vessels and improve cargo throughput
- Installation of silt curtains and turbidity control systems to minimize environmental impact
- Hydrographic surveys and bathymetric mapping to ensure compliance with marine safety norms
KMEW will execute the project using its in-house fleet of cutter suction dredgers, multi-beam echo sounders, and real-time monitoring platforms.
Execution Strategy And Operational Readiness
The company has confirmed that mobilization will begin in October 2025, with site preparation and equipment deployment scheduled for early November. KMEW’s project management team will oversee execution in coordination with port authorities and environmental regulators.
- No external subcontracting is planned, ensuring full control over quality and timelines
- The company will engage local labor and logistics partners to support community integration
- Environmental impact assessments and mitigation protocols will be implemented throughout the project lifecycle
- Progress will be tracked using digital dashboards and shared with stakeholders via monthly reports
Financial Impact And Growth Outlook
The Rs 475.9 million order is expected to contribute positively to KMEW’s revenue and margin profile in FY26. The company has maintained a healthy balance sheet with low leverage and consistent cash flows, enabling it to take on large-scale projects without external funding.
- FY25 revenue stood at Rs 168 crore, with net profit of Rs 28.4 crore
- EBITDA margins remain strong at 32 percent, supported by operational efficiency and asset utilization
- The company is targeting 20 percent year-on-year revenue growth over the next three fiscal years
- KMEW continues to explore opportunities in Bangladesh, Sri Lanka, and the Middle East for international expansion
Strategic Significance And Industry Implications
The latest work order reinforces KMEW’s role in India’s maritime infrastructure push, particularly under the Sagarmala and PM Gati Shakti initiatives. As ports and inland waterways become central to logistics and trade, companies like KMEW are poised to benefit from sustained government investment.
- The project supports national goals of reducing logistics costs and improving port competitiveness
- It may serve as a model for environmentally responsible dredging in ecologically sensitive zones
- KMEW’s execution capabilities could attract future contracts in coastal protection and offshore energy
Navigating Forward With Precision And Purpose
Knowledge Marine & Engineering Works’ Rs 475.9 million contract win marks a pivotal step in its growth journey, blending technical expertise with strategic foresight. As the company deepens its engagement in India’s maritime transformation, its ability to deliver high-impact, sustainable infrastructure will be key to shaping the future of coastal development.
Sources: Business Standard, Moneycontrol, Knowledge Marine & Engineering Works Ltd corporate disclosures
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