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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.

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