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
  • Anu Chauhan goes to Mrs Globe Pageant: Marvelous Mrs India Participant Takes on International Stage Entertainment
  • Kriam Pharma Launch: SRK Family’s Bold Healthcare Move for Affordable Medicines Business
  • This Self-Study Platform for UPSC, Is Helping Aspirants Complete UPSC Syllabus 2X Faster Technology
  • Memories Reunited After 25 Years: IPS Architecture Alumni Meet Leaves Every Heart Emotional Education
  • At the Historic Savoy, Mussoorie: CIO Horizon 2025 Announced by Tech Disruptor Media Lifestyle
  • AGL AURA 360 TILE VISUALIZER – Revolutionary tool for Tile Selection by AGL Tiles receives overwhelming response Business
  • LB88Sports.com Announces Official Sponsorship of Vegas Vikings for Max60 Caribbean League Season 2 Press Release
  • Design Excellence Meets Affordability: The Factor X’s Game-Changing Brand Kits Business

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

  • Ceratec Group unveils new brand identity that reflects the company’s Vision and Aspirations Business
  • Building With Intent: The Quiet Rise of Kalyan Sangavarapu in Hyderabad’s Evolving Infrastructure Landscape Business
  • MedLink, An Online Healthcare Recruitment Portal, Connecting Medical Professionals To Medical Recruiters Across the Country Business
  • ORRA Jewellery outshines all others by winning 5 million Hearts this Valentine’s Day Business
  • MyFitness Peanut Butter Associates with Mr. Olympia World Body Building Competition to Be Held In October 2021 Business
  • From the Holy Land to Mumbai: Ahlan Dates Brings 200+ Unique Flavours Business

Recent Posts

  • SANS Institute Signs MoU with UPSIFS to Develop Cybersecurity Skills in the Presence of the Hon’ble Chief Minister of Uttar Pradesh, Shri Yogi Adityanath Ji
  • Rising Medical Costs Shape Young Adults’ Approach to Health Insurance vs Critical Illness Cover
  • Grand Nuptials of Aishwarya and Sireesh Unite Prominent Bengaluru Families
  • Fiberweb India Limited Q2 FY27 Total Income Surges 209.36% QoQ to ₹30.99 Cr; EBITDA Rises 76.77% & Net Profit Jumps 366.02%
  • Fiberweb India Limited Q2 FY27 Total Income Surges 209.36% QoQ to ₹30.99 Cr; EBITDA Rises 76.77% & Net Profit Jumps 366.02%

Recent Comments

  • Unknown on Participants Reap Rewards in Wellman’s 8-Week Digital Campaign: IPL Tickets, Autographed Virat Kohli Merchandise, and More!
  • IMS Ghaziabad (University Courses Campus) Students Embark on an Educational and Cultural Journey to Malaysia Education
  • Ofis Square Launches Inspiring Ad Campaign Featuring Brand Ambassador Shraddha Kapoor Business
  • IIMSAM – United Nations ECOSOC Signs MoU with Big B Corporation and ADIMU, Kazakhstan to Advance Nutrition, Healthcare and Sustainable Development Initiatives National
  • Utssav CZ Gold Jewels Limited: H2 and FY26 Business and Operational Update Business
  • 11-year-old musical prodigy Jithen Arun performs for the cardiac-primos of India Business
  • Ms. Saloni Jain Joins FEF To Support The Future Of Fashion Startup Ecosystem Entertainment
  • “The Last White Man in India” Becomes a Surprise Hit Press Release
  • Pune’s Young Skating Star Glides to National Glory Sports

Copyright © 2026 Daily News India.

Powered by PressBook News WordPress theme