Knowledge Marine & Engineering Works Ltd secures ₹303.17 crore dredging order from New Mangalore Port
Knowledge Marine · Engineering Services
What the filing says
- Awarded 3-year maintenance dredging contract for FY 2026-27 to 2028-29 by New Mangalore Port Authority
- Contract involves dredging 15.9 million cubic metres, with an annual base value of ₹101.07 crore including taxes
- Work includes dredging of outer approach channel, lagoon, dock areas, berths, and pump-houses, starting Nov 15, 2026
Why it's rated major development: the amount is 94% of annual revenue (50% or more)
Figures checked against the filing by a second AI read. About the business, not the share price.
Original filing
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
Read the filing on BSE (PDF) →Companies guiding to strong growth
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More from Knowledge Marine
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on management's own guidance
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.