- CEO
- Sujay M. Kewalramani
- Full Time Employees
- 479
- Sector
- Producer manufacturing
- Industry
- Trucks/Construction/Farm machinery
- Address
- Unit No. 706 & 707, The Epicentre, Mumbai MA India 400071
- IPO Date
- Nov 14, 2024
- Business
- Knowledge Marine & Engineering Works Ltd. (KMEW.NS) operates as a marine engineering company providing a range of services to port authorities, maritime infrastructure developers, and government entities in India. The company offers shipbuilding, including the construction of tugs, barges, security boats, pilot boats, mooring boats, and work boats; ship repair and maintenance services such as dry docking, steel renewal, engine overhauls, and fabrication; dredging operations using cutter suction dredgers, hopper barges, and backhoe dredgers for capital and maintenance dredging projects; and marine infrastructure development encompassing jetties, breakwaters, and quay walls. Its core offerings also include inland waterway transportation of fly ash and other bulk materials, salvage operations, and specialized marine logistics solutions, primarily serving major Indian ports like Mumbai, JNPT, Kandla, and Paradip. Founded in 1990 and headquartered in Mumbai, India, the company focuses on the marine construction and engineering sector with operations concentrated in India's coastal and inland waterways.
In recent developments, Knowledge Marine secured significant contracts in 2024-2025, including a Rs 256 crore dredging order from the Mumbai Port Trust and multiple maintenance dredging projects from Deendayal Port Authority, expanding its order book to over Rs 1,200 crore. The company completed the acquisition of a new cutter suction dredger in late 2024 to bolster its dredging fleet capacity amid growing port modernization demands, alongside forming strategic partnerships with port trusts for long-term operations and maintenance (O&M) contracts. These moves reflect KMEW's strategic shift towards larger-scale dredging and infrastructure projects, supported by a Rs 150 crore qualified institutional placement (QIP) funding round in 2023 to finance fleet expansion and working capital needs. Geographically, KMEW operates across India's western and eastern coasts, targeting public sector undertakings, private port developers, and inland waterway authorities as primary customers. No major subsidiaries or parent relationships are reported, with the company maintaining its position as an independent listed entity on the National Stock Exchange.