ABS Marine Services Limited (ABSMARINE) share price

₹337.90 on NSE as of 2026-09-04. +10.01% on the day. market cap ₹830 Cr. P/E 10.4. 52-week range ₹149.55 to ₹337.90.

What the company does

Incorporated in 1992, Chennai-based ABS Marine is involved in Ship Owning, Ship manning and technical services and hiring and charter of ships. The promoters, Captain P B Narayanan, Ms. Shreelatha Narayanan, Ms.Arathi Narayanan and Captain Sanjeevan Jeevan Krishnan, manage the operations. Epsom Shipping India Private Limited is engaged in the business of Ship Owning and providing Charter hire service.

Filed by CRISIL, page 3.

ABS Marine FY26 Concall Decoded: PAT Up 196%, Tax Rate Down to 6%, Dividend Still ₹0

At a glance

A shipping company from Chennai just posted full-year sales of ₹319 crore, up 77% year-on-year, and a profit after tax of ₹80.8 crore, up 196.45%, management said. Operating margin went from 28% to 47% in twelve months. The EBITDA margin, per management, expanded by 1,763 basis points. That is not a typo; that is a tide.

Then, on 25 June 2026, the exchange asked ABS Marine for a clarification on its March-quarter numbers under Regulation 33. Two days earlier, on 26 June, CRISIL upgraded the company to A-/Stable. Same company, same week, two very different envelopes in the mailbox.

The fleet went from a few owned vessels to twelve. The tax rate went the other way, down to 6%. The dividend stayed exactly where it has lived for seven straight years: zero. Here is what the call actually said.

Quarterly results, balance sheet, cash flow, ratios, shareholding and the filings themselves are on the full page for ABS Marine Services Limited.