Bagging/Receiving of orders/contracts
KMEW secured largest-ever dredging order worth ₹303.17 Cr from New Mangalore Port Authority for 3 years (FY27-FY29).
- Contract covers maintenance dredging of 15.9 mn cubic metres over 3 years.
- Annual base contract value approx ₹101.07 Cr including taxes.
- Operations start 15 Nov 2026; annual dredging within 150 days.
- Project includes outer channel, lagoon, dock areas, berth faces, pump-house dredging.
- Marks strategic shift to large-volume dredging and multi-year revenue visibility.
- CEO: "This is a landmark order and milestone towards integrated marine infrastructure company."
Source: Original filing PDF
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EBITDA margin: 16.8%
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