Ship Builders, Repairers, Charterers and Marine Contractors. & Engineering Works Private Limited
As filed · Outcome of Board Meeting
What happened
FactShip Builders, Repairers, Charterers and Marine Contractors. & Engineering Works Private Limited. Engineering Works Limited and the Kamal Marine and Engineering Works Private Limited.
Why it matters
CapitSignal interpretationAn acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Capex
WithdrawnWe are going to invest close to INR100 crores in the shipyard, which is going to be a mix of debt and equity.
The enhanced capital base provides us with greater flexibility to support our next phase of growth, including fleet expansion, shipbuilding, capacity development and participation in larger value opportunities while maintaining a disciplined approach to capital allocation.
Change
FactImplication
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Fact- Consideration and how it is funded
- Revenue and profit of the target
- Expected completion date
- Planned CAPEX of ~₹300 crore across three phases in ~2.5-3 years plan. (management committed by FY29)
- Indian dredging industry is expected to grow at ~8.4% CAGR. (management committed by FY27)
Evidence
- Knowledge Marine & Engineering Works Limited has submitted to the Exchange, the financial results for the period ended March 31, 2025.(opens the original filing in a new tab)
- Earlier statement · Q3 FY26
- Latest statement · Q1 FY27
- Earlier statement · FY25
How CapitSignal classified this
- Reasoning:
- ACQUISITION base 74; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%