KMEW posts 63.61% operating margin in its first reported Q1FY27
The 3.96% tax rate supported Rs 62.75 cr of consolidated net profit, while the margin stood well above the Services peer median.
Filed 14 Aug 2026, 17:02 IST · after market close · Knowledge Marine & Engineering Works Ltd (KMEW)
Key takeaways
- Consolidated operating profit reached Rs 73.41 cr, reflecting a 63.61% operating margin on Rs 115.41 cr of revenue.
- Net profit was Rs 62.75 cr, but the 3.96% tax rate materially supported the conversion from Rs 65.33 cr of pre-tax profit.
- Knowledge Marine & Engineering Works' operating margin was 34.07 percentage points above the 29.54% median for 27 reported Services peers.
Price around the results
High operating conversion in Q1FY27
Consolidated operating profit of Rs 73.41 cr on revenue of Rs 115.41 cr indicates that most reported revenue converted into operating profit. Expenses were Rs 42.00 cr, leaving the company with a 63.61% operating margin.
Low tax rate supported reported profit
The 3.96% tax rate helped net profit reach Rs 62.75 cr from Rs 65.33 cr of pre-tax profit. Other income contributed Rs 3.21 cr, so earnings also included a non-operating contribution alongside the operating result.
Margin well above reported Services peers
KMEW's 63.61% operating margin was 34.07 percentage points above the 29.54% median among 27 Services companies that had reported the same quarter. No year-on-year or sequential comparison is available here, so the quarter's margin direction cannot be assessed.
Results filed after market close
The consolidated results were filed at 17:02 IST on 14 August 2026, after market close. A post-results stock reaction is not covered in this update.
Q1FY27 at a glance
Consolidated figures as filed with NSE — cross-checked against an independent source.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹115 cr |
| Other income | ₹3 cr |
| Expenses | ₹42 cr |
| Operating profit | ₹73 cr |
| Operating margin (%) | 63.61% |
| Interest | ₹5 cr |
| Depreciation | ₹6 cr |
| Profit before tax | ₹65 cr |
| Tax | ₹3 cr |
| Net profit | ₹63 cr |
| EPS (₹) | ₹25.67 |
Operating margin of 63.61% compares with a Services sector median of 29.54% across 27 peers that have reported Q1FY27.
What to watch
- Whether operating margin remains near 63.61%.
- Whether the tax rate stays close to 3.96%.
- Whether other income remains at Rs 3.21 cr or changes its contribution to pre-tax profit.