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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Knowledge Marine & Engineering Works Ltd

Knowledge Marine & Engineering Works Ltd. wins Rs. 303.17 Cr dredging order

ORDERS ▲ Positive Development MEDIUM RISK
📅 Filed on BSE: 30 Oct 2026, 12:04 PM IST  ·  BSE ID: 17795734-3cc3-4a65-9b50-09db413ca21b
View Original BSE Filing (PDF)
💡
In Simple Terms
Knowledge Marine & Engineering Works just won its biggest dredging contract ever, worth over Rs. 303 crore, for New Mangalore Port.
🤖 AI Summary
  • KMEW secured a 3-year maintenance dredging work order worth Rs. 303.17 crore from New Mangalore Port Authority.
  • The contract covers fiscal years 2026-27, 2027-28, and 2028-29, involving significant dredging volumes.
  • This is the company's largest dredging order to date, indicating a strategic shift towards large-volume projects.
  • The annual base contract value is approximately Rs. 101.07 crore, including taxes.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Work Order Value
₹ 303.17 crore
Contract Duration
03 Years
Annual Base Contract Value
₹ 101.07 crore
Total Dredging Volume
15.9 million cubic metres
🏢 How This Affects the Company
📈
Business Impact
This order significantly expands KMEW's project pipeline in the dredging sector and marks a strategic expansion into larger-volume contracts. It positions the company for sustained revenue generation over three years.
💰
Financial Impact
The Rs. 303.17 crore order will bolster KMEW's order book and contribute to revenue growth over the next three fiscal years. The annual base value of Rs. 101.07 crore provides a predictable revenue stream.
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Operational Impact
The company will need to deploy substantial resources and potentially scale up operations to execute maintenance dredging of 15.9 million cubic metres over three years.
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Risk Impact
Securing such a large project increases operational complexity and dependency on successful execution of this single contract over a three-year period.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders regarding this work order receipt.
👤
Who Is Affected
All shareholders will benefit from the potential increase in revenue and order book size stemming from this significant contract.
🔍
Management Signal
Management's successful bid signals an aggressive pursuit of large-scale projects and confidence in the company's operational capabilities.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Confirmation of project commencement and initial progress reports.
Subsequent financial results reporting revenue recognition from this contract.
Further updates on any variations or extensions to the dredging scope.
MEDIUM RISK Project execution risks, dependency on a single large contract, and weather-related operational challenges.
💡 Investor Takeaway
Knowledge Marine & Engineering Works Ltd. secured its largest work order to date: a 3-year, Rs. 303.17 crore maintenance dredging contract from New Mangalore Port Authority.
⚖️ Strengths & Concerns

✅ Positives

  • Largest-ever dredging order received, valued at Rs. 303.17 crore including GST over three years.
  • Secured lowest bid, approximately 10.16% below competitor bids, indicating competitive pricing.
📅 Company Track Record
Knowledge Marine & Engineering Works Ltd. previously announced a Rs. 66.11 Crores IWAI contract for 10 hybrid electric ferries on June 20, 2026, demonstrating prior success in securing significant orders.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What is the value of the work order received by Knowledge Marine & Engineering Works Ltd. from New Mangalore Port Authority?
The work order is valued at ₹ 303.17 crore, including GST, for maintenance dredging over three years.
What is the duration of the maintenance dredging contract awarded to KMEW?
The contract is for a period of 3 years, covering FY 2026-27, FY 2027-28, and FY 2028-29.
What is the total volume of dredging to be performed under the NMPA contract?
The contract involves post-monsoon maintenance dredging of 15.9 million cubic metres over the three-year period.
What is the annual base value of the New Mangalore Port Authority contract for KMEW?
The annual base contract value is approximately ₹ 101.07 crore, including taxes.

Questions based on this BSE filing only. For information purposes.

⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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