Dredging Services Player Gives 155% Return in One Year Despite Global Tensions

DSIJ Intelligence/ 09 Apr 2026 /Categories: Mindshare, Trending

Dredging Services Player Gives 155% Return in One Year Despite Global Tensions

Knowledge Marine & Engineering Works Delivers Strong Stock Performance with 155 per cent One-Year Return; Order Book at Rs 1,500 Crore

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On Thursday, Indian markets traded on a slightly negative note, with the Nifty 50 declining 0.41 per cent to 23,898.50. Amid this, Knowledge Marine & Engineering Works share price was trading at Rs 1,744.50, up 0.87 per cent from the previous close of Rs 1,729. Despite ongoing geopolitical tensions and tariff-related uncertainties impacting global trade, the stock has delivered a strong return of 155.10 per cent over the past year.

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In a press release, the company recently said it has deployed River Pearl 47, the largest and deepest Indian-flagged, self-propelled backhoe dredger at Jawaharlal Nehru Port Authority (JNPA) under a three-month contract awarded by Dredging Corporation of India Ltd (DCI).

Knowledge Marine & Engineering Order Book and Pipeline Remain Strong

As per its February transcript, the company highlighted a total order book of Rs 1,500 crore. This includes Rs 863 crore from charter hire (including green tugs), Rs 409 crore from dredging, and Rs 230 crore from shipbuilding.

Further, the company has a strong bid pipeline exceeding Rs 3,000 crore, with opportunities across dredging (Rs 1,400 crore), shipbuilding (Rs 704 crore), and chartering (Rs 1,000 crore), indicating visibility for future growth.

Knowledge Marine & Engineering Share Price Performance

The stock has delivered strong momentum across timeframes, gaining 12.10 per cent over the past month and 46.73 per cent over the last six months, along with a 155.10 per cent return over the past year.

About Knowledge Marine & Engineering

Knowledge Marine & Engineering Works Ltd is engaged in providing marine engineering, dredging, and port infrastructure services. The company operates across segments such as dredging, charter hire, and shipbuilding, catering primarily to ports and maritime infrastructure projects in India.

With a growing order book and expanding fleet capabilities, the company continues to strengthen its position in the marine and port services sector. The stock has recorded a 52-week high of Rs 1,959.30 on 22-Dec-2025 and a 52-week low of Rs 644.23 on 09-Apr-2025. The company currently has a market capitalisation of Rs 4,268 crore.