Knowledge Marine & Engineering Works Ltd
Knowledge Marine wins Rs. 66.11 Crore order for 10 Hybrid Electric Ferries
ORDERS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 20 Jun 2026, 11:36 PM IST · BSE ID: 1f1b9695-b016-4a41-be3f-bd825b3ddba8
View Original BSE Filing (PDF)
💡
In Simple Terms
The company won a large contract to build 10 eco-friendly passenger boats for the government's waterways authority.
🤖 AI Summary
- Knowledge Marine secured Rs. 66.11 Crores work order from IWAI for 10 hybrid electric passenger ferries.
- The order includes design, construction, supply, testing, commissioning, and 60-month maintenance.
- Consortium partner is Knowledge Shipyard Private Limited, a subsidiary of KMEW.
- Ferries will have a capacity of 20 passengers each and are to be completed within 10 months.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Work Order Value
₹66.11 Crores
Construction Value
₹65.52 Crores
Maintenance Value
₹0.59 Crores
Passenger Capacity per Ferry
20
Construction Timeline
10 months
Maintenance Commitment
60 months
🏢 How This Affects the Company
This order marks a strategic entry into India's green shipbuilding segment and diversifies KMEW's project pipeline with a key government client.
The Rs. 66.11 Crores order will contribute to the company's revenue over the construction and maintenance periods, impacting future financial results.
The project will require scaling up operations for design, construction, and testing of 10 hybrid electric ferries within a 10-month timeframe.
👥 What This Means For Shareholders
✅
Action Required
No action is required by shareholders at this time.
👤
Who Is Affected
All shareholders will be affected by the potential future revenue and earnings growth stemming from this significant new contract.
🔍
Management Signal
This order demonstrates management's intent to pursue government infrastructure projects and capitalize on the green shipbuilding trend.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Order execution progress updates
Financial results showcasing revenue recognition
Future order wins in green shipbuilding
LOW RISK
Order secured from a government authority; however, execution timeline and consortium arrangement present operational considerations.
💡 Investor Takeaway
Knowledge Marine secured a Rs. 66.11 Crores work order from IWAI for 10 hybrid electric ferries, including a 60-month maintenance commitment, to be completed within 10 months.
⚖️ Strengths & Concerns
✅ Positives
- Receipt of a substantial Rs. 66.11 Crores work order from Inland Waterways Authority of India.
- Strategic entry into the green shipbuilding segment with the construction of hybrid electric ferries.
❓ Frequently Asked Questions
What is the total value of the work order received by Knowledge Marine from IWAI?
Knowledge Marine & Engineering Works received a work order valued at ₹66.11 Crores from the Inland Waterways Authority of India.
What is the scope of the work order from Inland Waterways Authority of India?
The work order covers the design, construction, supply, testing, and commissioning of 10 hybrid electric passenger ferries, along with maintenance and support.
Who is the consortium partner for Knowledge Marine in this IWAI project?
Knowledge Marine is in a consortium with its subsidiary, Knowledge Shipyard Private Limited (KSPL), for this project.
What is the timeline for the completion of the ferry construction?
The design, construction, supply, testing, and commissioning of the ferries are to be completed within 10 months of receiving the work order.
What is the passenger capacity of each ferry being built?
Each of the 10 hybrid electric passenger ferries will have a capacity of 20 passengers.
Questions based on this BSE filing only. For information purposes.