{"id":99476,"date":"2025-11-14T06:30:42","date_gmt":"2025-11-14T06:30:42","guid":{"rendered":"https:\/\/indianweekend.in\/index.php\/2025\/11\/14\/abs-marine-services-h1-fy26-standalone-net-profit-soars-334-yoy\/"},"modified":"2025-11-14T06:30:42","modified_gmt":"2025-11-14T06:30:42","slug":"abs-marine-services-h1-fy26-standalone-net-profit-soars-334-yoy","status":"publish","type":"post","link":"https:\/\/indianweekend.in\/index.php\/2025\/11\/14\/abs-marine-services-h1-fy26-standalone-net-profit-soars-334-yoy\/","title":{"rendered":"ABS Marine Services H1 FY26 Standalone Net Profit Soars 334% YoY"},"content":{"rendered":"<div>\n<p><strong><span data-sheets-root=\"1\">Mumbai (Maharashtra) [India], November 13: <\/span>ABS Marine Services Limited\u00a0(NSE: ABSMARINE)<\/strong>,\u00a0is one of the leading maritime\u00a0companies\u00a0offering comprehensive services in Ship Management, Vessel Ownership, Marine and Port Services, has\u00a0announced its\u00a0Unaudited Financial Results for\u00a0H1 FY26.<\/p>\n<p><strong>H1 FY26 Standalone\u00a0Key\u00a0Financial\u00a0Highlights\u00a0<\/strong><\/p>\n<ul>\n<li>Total Income of \u20b9 139.53 Cr, YoY growth of 90.01%<\/li>\n<li>EBITDA of \u20b9 51.35 Cr, YoY growth of 324.17%<\/li>\n<li>EBITDA Margin (%) of 36.80%, YoY growth of 2,032 BPS<\/li>\n<li>Net Profit of \u20b9 30.62 Cr, YoY growth of 333.72%<\/li>\n<li>Net Profit Margin (%) of 21.95%, YoY growth of 1,233 BPS<\/li>\n<li>EPS of \u20b9 12.47, YoY growth of 304.87%<\/li>\n<\/ul>\n<p><strong>H1 FY26\u00a0Consolidated\u00a0Key Financial Highlights\u00a0<\/strong><\/p>\n<ul>\n<li>Total Income of \u20b9 139.53 Cr, YoY growth of 70.21%<\/li>\n<li>EBITDA of \u20b9 58.32 Cr, YoY growth of 206.33%<\/li>\n<li>EBITDA Margin (%) of 41.80%, YoY growth of 1,857 BPS<\/li>\n<li>Net Profit of \u20b9 31.33 Cr, YoY growth of 286.89%<\/li>\n<li>Net Profit Margin (%) of 22.45%, YoY growth of 1,258 BPS<\/li>\n<li>EPS of \u20b9 12.62, YoY growth of 265.80%<\/li>\n<\/ul>\n<p>Comment on Financial Performance Captain P.B. Narayanan, Managing Director of ABS Marine Limited, said, \u201cThe 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.<\/p>\n<p>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 &amp; 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.<\/p>\n<p>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.<\/p>\n<p>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.\u201d<\/p>\n<p><strong>H1\u00a0FY26\u00a0Key Business Highlights<\/strong><\/p>\n<table>\n<tbody>\n<tr>\n<td>Received delivery of an offshore vessel<\/td>\n<td>Name:\u00a0AM PASSION<\/p>\n<p>Type:\u00a0Dynamic Positioning (DP2) Offshore Well Stimulation Vessel<\/p>\n<p>Built Year:\u00a02022<\/p>\n<p>Gross Tonnage:\u00a0Approximately 4,424 Tons<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>Charter Agreement Signed<\/td>\n<td>\n<ul>\n<li>Contract Partner: Schlumberger Asia Services Limited, Hong Kong<\/li>\n<li>Contract Type: Charter hire of Offshore Well Stimulation Vessel<\/li>\n<li>Tenure: 3 years firm + 3 years optional extension from 24 June 2025<\/li>\n<li>Value: USD 20.67 million (\u2248 \u20b9178 crore for first 3 years.<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td>Secured Port Services Agreement<\/td>\n<td>\n<ul>\n<li>Awarding Authority: Deendayal Port Authority<\/li>\n<li>Scope of Work: Providing qualified fire service personnel for the Fire Brigade section<\/li>\n<li>Contract Duration: 3 years<\/li>\n<li>Contract Type: Port Services<\/li>\n<li>Contract Value: \u20b93.79 Cr (including GST)<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td>Bagged Offshore Vessel Charter from L&amp;T<\/td>\n<td>\n<ul>\n<li>Client: Larsen &amp; Toubro Limited, India<\/li>\n<li>Agreement: Charter hire of Offshore Supply Vessel<\/li>\n<li>Tenure: Starts Oct 2025; 120 days firm + 56 days optional extension<\/li>\n<li>Value: \u20b926.70 crore (including GST and extensions)<\/li>\n<li>Vessel Type: DP-2 Platform Supply Vessel<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>Disclaimer: <\/b><em>This press release is for informational purposes only and does not constitute financial advice.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai (Maharashtra) [India], November 13: ABS Marine Services Limited\u00a0(NSE: ABSMARINE),\u00a0is one of the leading maritime\u00a0companies\u00a0offering comprehensive services in Ship Management, Vessel Ownership, Marine and Port Services, has\u00a0announced its\u00a0Unaudited Financial Results for\u00a0H1 FY26. H1 FY26 Standalone\u00a0Key\u00a0Financial\u00a0Highlights\u00a0 Total Income of \u20b9 139.53 Cr, YoY growth of 90.01% EBITDA of \u20b9 51.35 Cr, YoY growth of 324.17% EBITDA [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":99477,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[116],"tags":[19],"class_list":["post-99476","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/indianweekend.in\/index.php\/wp-json\/wp\/v2\/posts\/99476","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/indianweekend.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/indianweekend.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/indianweekend.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/indianweekend.in\/index.php\/wp-json\/wp\/v2\/comments?post=99476"}],"version-history":[{"count":0,"href":"https:\/\/indianweekend.in\/index.php\/wp-json\/wp\/v2\/posts\/99476\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/indianweekend.in\/index.php\/wp-json\/wp\/v2\/media\/99477"}],"wp:attachment":[{"href":"https:\/\/indianweekend.in\/index.php\/wp-json\/wp\/v2\/media?parent=99476"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/indianweekend.in\/index.php\/wp-json\/wp\/v2\/categories?post=99476"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/indianweekend.in\/index.php\/wp-json\/wp\/v2\/tags?post=99476"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}