Skip to content
  • English
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
Daily News India

Daily News India

Just another WordPress site

  • English
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
  • Toggle search form
  • Vision Ads Introduces Innovative Lead to Buyer Funnel Strategy Business
  • YES World introduces Energy Efficient Windows Solutions to SAVE EARTH from Global Warming, Reduces solar heat by 85% Business
  • Ritesh Chandan Transforms Years Of Broadcast Media Industry Experience Into An Event Management Company Called ‘Swagbox’ Business
  • CMA: The Global Career Catalyst You’ve Been Waiting For Education
  • The Global Edge: Why an International Curriculum is the Best Gift You Can Give Your Child Today Education
  • Star Infomatic participates in Mega Cable Fest; displays its wide range of products at the exhibition Business
  • KP Human organized Tiranga Samman Yatra, Surat witnesses communal harmony Press Release
  • Best Online English Speaking Course in India by British School of Language: BSL Press Release

ABS Marine Services H1 FY26 Standalone Net Profit Soars 334% YoY

Posted on November 14, 2025 By

Mumbai (Maharashtra) [India], November 13: ABS Marine Services Limited (NSE: ABSMARINE), is one of the leading maritime companies offering comprehensive services in Ship Management, Vessel Ownership, Marine and Port Services, has announced its Unaudited Financial Results for H1 FY26.

H1 FY26 Standalone Key Financial Highlights 

  • Total Income of ₹ 139.53 Cr, YoY growth of 90.01%
  • EBITDA of ₹ 51.35 Cr, YoY growth of 324.17%
  • EBITDA Margin (%) of 36.80%, YoY growth of 2,032 BPS
  • Net Profit of ₹ 30.62 Cr, YoY growth of 333.72%
  • Net Profit Margin (%) of 21.95%, YoY growth of 1,233 BPS
  • EPS of ₹ 12.47, YoY growth of 304.87%

H1 FY26 Consolidated Key Financial Highlights 

  • Total Income of ₹ 139.53 Cr, YoY growth of 70.21%
  • EBITDA of ₹ 58.32 Cr, YoY growth of 206.33%
  • EBITDA Margin (%) of 41.80%, YoY growth of 1,857 BPS
  • Net Profit of ₹ 31.33 Cr, YoY growth of 286.89%
  • Net Profit Margin (%) of 22.45%, YoY growth of 1,258 BPS
  • EPS of ₹ 12.62, YoY growth of 265.80%

Comment on Financial Performance Captain P.B. Narayanan, Managing Director of ABS Marine Limited, said, “The first half of FY26 has been a remarkable period of progress for ABS Marine, marked by strategic wins, fleet expansion, and continued operational excellence. Our performance during the period reflects the growing strength of our business model and our focus on building a modern, resilient, and customer-driven maritime enterprise.

We enhanced our offshore capabilities with the addition of our DP2 Offshore Well Stimulation Vessel, AM Passion, which has already been deployed under a long-term charter with a leading global energy company. We also broadened our port services portfolio through a new engagement with the Deendayal Port Authority for firefighting and safety operations. We secured a charter contract from Larsen & Toubro for a DP2 Platform Supply Vessel. These achievements highlight our strong execution capabilities and long-standing trust among blue-chip PSU and private clients.

The industry environment remains highly encouraging, with rising offshore exploration, deepwater investments, and government-led programs such as Sagarmala and Maritime Vision 2030 driving large-scale development of port and marine infrastructure. These initiatives align perfectly with our core strengths and open up significant opportunities across offshore logistics, port operations, and specialised marine services.

With a healthy order book, efficient fleet utilisation, and clear focus on technology, sustainability, and disciplined execution, we are confident of sustaining our growth momentum and delivering long-term value.”

H1 FY26 Key Business Highlights

Received delivery of an offshore vesselName: AM PASSION

Type: Dynamic Positioning (DP2) Offshore Well Stimulation Vessel

Built Year: 2022

Gross Tonnage: Approximately 4,424 Tons

Charter Agreement Signed
  • Contract Partner: Schlumberger Asia Services Limited, Hong Kong
  • Contract Type: Charter hire of Offshore Well Stimulation Vessel
  • Tenure: 3 years firm + 3 years optional extension from 24 June 2025
  • Value: USD 20.67 million (≈ ₹178 crore for first 3 years.
Secured Port Services Agreement
  • Awarding Authority: Deendayal Port Authority
  • Scope of Work: Providing qualified fire service personnel for the Fire Brigade section
  • Contract Duration: 3 years
  • Contract Type: Port Services
  • Contract Value: ₹3.79 Cr (including GST)
Bagged Offshore Vessel Charter from L&T
  • Client: Larsen & Toubro Limited, India
  • Agreement: Charter hire of Offshore Supply Vessel
  • Tenure: Starts Oct 2025; 120 days firm + 56 days optional extension
  • Value: ₹26.70 crore (including GST and extensions)
  • Vessel Type: DP-2 Platform Supply Vessel

Disclaimer: This press release is for informational purposes only and does not constitute financial advice.

Business Tags:Business

Post navigation

Previous Post: Lincoln Pharmaceuticals Ltd Targets Revenue of Rs. 1,000 Crore Within the Next Three Years
Next Post: Ashapuri Gold Ornament Limited Reports 540 Bps EBITDA Margin Expansion, 428 Bps PAT Margin Growth & 20% YoY Sales Volume Growth in Q2 FY26

Related Posts

  • Innovative Campaign on Healthy Lifestyle by Sravani Hospitals On world Health Day Business
  • Dr Florence Helen Nalini’s Book on Self-Belief Kanavugal Kaikettum Thooram Dhan Released Business
  • Businessman Kshitiz Adukia realises the dream of three young entrepreneurs to launch Gujarat’s first NFT Business
  • Mobilla Celebrates 15 Years of Innovation and Excellence with Exciting Launches and Corporate Partnerships Business
  • Medec Dragon Pvt Limited Conferred Best Pharmaceutical Company 2021 at European Business Awards 2021 Business
  • Essex Marine Limited Planning To Raise Up To Rs. 23.01 Crore From Public Issue; IPO Opens August 04, 2025 Business

Recent Posts

  • Vinit Mobile Limited SME IPO Open for Subscription, Looks to Raise Rs. 34.13 Crores
  • CoGrad School Incubation Program Brings Together Leading Education Leaders to Drive Future-Ready School Transformation in India
  • Tier-II & Tier-III Healthcare: India’s Next Growth Story
  • Adani Ports Sells 49% Stake in Vizhinjam Port to MSC
  • Kratikal Tech Limited raised Rs 11.22 Crore via Anchor Investors Prior to IPO Launch

Recent Comments

  • Unknown on Participants Reap Rewards in Wellman’s 8-Week Digital Campaign: IPL Tickets, Autographed Virat Kohli Merchandise, and More!
  • Unifinz Capital India Limited (lendingplate) tastes first ever Profit at 2.51 Crs in Q1, loan disbursal soars 450 Percent Business
  • India’s First Global Jewellery Newsletter Launched by JCS Jewel Creations with Grand Unveiling by Astro Parduman Business
  • SGA forays into IPO Communication Business
  • Choose the Best Diagnostic Centre in Countless Options Available Business
  • Rajesh Madan Launches Ananda in Action, A Guide to Conscious Leadership and Business Transformation Lifestyle
  • Tooling Sustainability: CERATIZIT at IMTEX 2025 Technology
  • Transforming Smiles in 48 Hours: Simpladent Clinics Revolutionize Dental Implant Care Across India Health
  • Bible Seminar on What Jesus Told is achieved in Current Times Press Release

Copyright © 2026 Daily News India.

Powered by PressBook News WordPress theme