Ship Building
6 recent notes from companies in this sector. 2 companies tracked.
Knowledge Marine insiders sell ₹100 cr, cut stake 2%
Whole-time director and COO sold 512,820 shares at ₹196 each, reducing promoter holding to 30.47%. The sale comes days after a ₹66-cr order win and a 60% profit jump.
Knowledge Marine lands first external shipbuilding order — ₹66 cr for hybrid ferries
Subsidiary Knowledge Shipyard wins a ₹66.11 crore government contract for 10 hybrid electric passenger ferries, marking entry into green inland water transport under Harit Nauka guidelines.
Knowledge Marine pushes green tug by 1-2 years, eyes new dredgers
The company's flagship green tug project slips to 2028-2029 from mid-2027. A second fundraising of ₹150-200 cr is planned to buy two new dredgers.
Knowledge Marine accelerates ₹285 cr fund deployment, shelves Bahrain on geopolitics
The shipbuilder is now spending its preferential capital in 12-16 months, not three years, and holding EBITDA margins at 35-40% as it targets 30% annual revenue growth.
Laxmipati's ₹27 cr profit is mostly an asset sale. The debt cut is the real story.
A one-time asset sale drove the headline number, but the company used the cash to slash long-term debt and reset its balance sheet.
Laxmipati sold an asset for ₹23.7 cr, paid down 80% of its debt
Net profit surged on a one-time gain, but the real shift is a debt-equity ratio that fell from 5.26x to 0.47x after a major deleveraging.