ABS Marine Services

Chennai, India Founded: 1992 • Age: 34 yrs Listed
Provider of ship engineering services

About ABS Marine Services

ABS Marine Services is a publicly listed company based in Chennai (India) founded in 1992. Provider of ship engineering services. The company has 125 employees. Its Indian entity Abs Marine Services Limited reported revenue of β‚Ή323 Cr. ABS Marine Services offers products and services including Ship Management and Port Services. Its focus areas include Aerospace, Maritime and Defense and Ship Design and Engineering Services.

Company details

ABS Marine Services was founded in 1992 and is headquartered in Chennai, India. Operations span the global shipping sector, where technical solutions for ship assets and operations are delivered. Emphasis is placed on ship classification standards, safety protocols, and initiatives for sustainability and decarbonization. Services support maritime engineering needs across international waters.

  • Headquarters Chennai, India
  • Employees 125
  • Stage Public
  • Sectors
    Aerospace, Defense & Maritime
  • Website absmarine.com
  • Legal Name Abs Marine Services Ltd.
Key Metrics
  • Market Cap
    ₹676 Cr

    ABSMARINE-SM · NSE

  • Share Price
    ₹270.70

    -1.67% today

  • Revenue
    ₹319 Cr

    FY 2025-26 · +77.4% YoY

  • EBITDA
    ₹149 Cr

    Margin 46.7%

  • Net Profit
    ₹78.58 Cr

    FY 2025-26 · +191.1% YoY

  • P/E (TTM)
    9.1x

    P/B 2.3x

  • ROE
    29.8%

    ROCE 21.3%

  • Debt / Equity
    1.03

    Interest cover 27.1x

  • Employee Count
    125

Products & Services of ABS Marine Services

ABS Marine Services offers a comprehensive portfolio of products and services, including Ship Management and Port Services.

Ship Management
Maritime Services

Third-party management services are offered, with an emphasis on safety and energy conservation in shipping operations.

Port Services
Security Services

Fire safety and security patrols are provided to ports across the country.

Board of directors of Abs Marine Services Limited (ABS Marine Services)

Abs Marine Services Limited is the primary company behind ABS Marine Services. The board of Abs Marine Services Limited currently have 7 directors; the longest-serving is Palliyil Narayanan Balachandran, appointed in 1992. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Palliyil Narayanan Balachandran
DIN 00205686
Managing Director27 Oct 199234 yrsAbs Marine Services Limited
Shreelatha Narayanan
DIN 00337226
Director27 Oct 199234 yrsAbs Marine Services Limited
Arathi Narayanan
DIN 03041003
Director14 Aug 20233 yrs 2 moAbs Marine Services Limited
Sanjeevan Jeevan Krishnan
DIN 07983977
Whole-time director14 Aug 20233 yrs 2 moAbs Marine Services Limited
Leona Ambuja
DIN 07138817
Director17 Nov 20232 yrs 11 moAbs Marine Services Limited
Chellasamy Rajendran
DIN 10345090
Director17 Nov 20232 yrs 11 moAbs Marine Services Limited
Surilisubbu Vasudevan
DIN 10388399
Director17 Nov 20232 yrs 11 moAbs Marine Services Limited

IPO & Listings of ABS Marine Services

ABS Marine Services is a publicly listed company on the NSE with ticker symbol ABSMARINE in India, operating in the Transportation sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date21 May 2024
  • Listed onNSE: ABSMARINE
  • Listed entityABS Marine Services Ltd.
  • Exchange sectorTransportation
  • ISININE0QRV01016
  • Share price₹315.95 (+2.12% on the day) · 2026-10-14
  • Market capitalisation₹760 Cr
  • Price to earnings9.6
  • EPS (diluted, trailing year)₹32.77
  • Volume (last session)25,500

Financials of ABS Marine Services

Exchange-reported figures of Abs Marine Services Limited, the listed company behind ABS Marine Services (NSE: ABSMARINE-SM).

Financial Highlights

FY 2025-26 Β· Consolidated
Revenue
₹319 Cr
+77.4% YoY
EBITDA
₹149 Cr
+197.1% YoY
Profit After Tax
₹78.58 Cr
+191.1% YoY
Net Worth
₹311 Cr
+35.0% YoY
Total Assets
₹700 Cr
+66.8% YoY
Total Debt
₹377 Cr
+111.5% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue31918013511171.6388.5591.16
Revenue growth+77.4%+33.1%+21.5%+55.3%-19.1%-2.9%-
EBITDA14950.1741.8227.7519.7621.8115.73
EBITDA margin+46.7%+27.9%+30.9%+24.9%+27.6%+24.6%+17.3%
Profit before tax86.3736.5026.3312.2910.332.82(0.96)
Net profit78.5826.9924.358.720.151.44(0.30)
Net profit margin+24.6%+15.0%+18.0%+7.8%+0.2%+1.6%-0.3%
EPS (β‚Ή)32.5911.0513.109,527.708,143.202,178.44(283.13)
Balance sheet
Total assets700420173151153169175
Net worth31123011793.5283.7075.5373.63
Total debt37717845.6848.6661.1585.6293.84
Cash & bank48.341227.0618.2511.5820.7630.80
Net working capital11319840.9124.2214.6327.8735.19
Cash flow
Cash from operations16844.8910.734.6515.1825.0332.25
Cash from investing(332)(235)(15.18)19.4114.70(19.46)(24.55)
Cash from financing162193(6.99)(17.23)(28.98)(15.62)(0.87)
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue32517111895.2257.8570.8075.59
Revenue growth+89.4%+45.1%+24.1%+64.6%-18.3%-6.3%-
EBITDA13535.9027.5815.588.979.9810.99
EBITDA margin+41.5%+21.0%+23.4%+16.4%+15.5%+14.1%+14.5%
Profit before tax82.4035.8122.9410.5910.263.338.82
Net profit76.6426.6020.247.240.341.996.79
Net profit margin+23.6%+15.5%+17.1%+7.6%+0.6%+2.8%+9.0%
EPS (β‚Ή)31.7910.8910.858,000.807,765.202,500.406,798.81
Balance sheet
Total assets666382142116109120116
Net worth31523712410496.2188.4485.94
Total debt35014417.7711.2812.5030.5129.63
Cash & bank44.341192.9011.586.1513.3721.70
Net working capital11719526.2124.958.3921.5732.06
Cash flow
Cash from operations14716.1423.83(16.90)6.8615.3119.34
Cash from investing(321)(207)(26.85)25.3014.83(19.24)(19.23)
Cash from financing171194(4.21)(2.72)(20.40)(1.58)5.83

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 02 Nov 2026
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue31918013511171.6388.5591.16
Revenue growth+77.4%+33.1%+21.5%+55.3%-19.1%-2.9%-
Other income3.524.462.862.5611.213.415.51
Total expenses17013093.3483.5051.8766.7475.43
Employee cost0.000.000.000.180.050.040.09
EBITDA14950.1741.8227.7519.7621.8115.73
EBITDA margin+46.7%+27.9%+30.9%+24.9%+27.6%+24.6%+17.3%
Depreciation35.3312.5713.5113.2716.1417.9316.65
Interest30.865.564.844.754.504.475.55
Profit before tax86.3736.5026.3312.2910.332.82(0.96)
Tax5.569.260.882.071.900.671.60
Net profit78.5826.9924.358.720.151.44(0.30)
Net profit margin+24.6%+15.0%+18.0%+7.8%+0.2%+1.6%-0.3%
EPS (β‚Ή)32.5911.0513.109,527.708,143.202,178.44(283.13)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital24.5524.5518.000.010.010.010.01
Reserves & surplus28720699.3393.5183.6975.5273.62
Shareholders' funds (net worth)31123011793.5283.7075.5373.63
Minority interest10.569.779.657.797.106.826.93
Secured loans33113926.8244.6959.2784.3993.26
Unsecured loans46.1239.7118.863.971.881.230.58
Total debt37717845.6848.6661.1585.6293.84
Total liabilities700420173151153169175
Assets
Gross block713359245234226243231
Net block50218381.9585.8791.40119125
Capital work in progress1.420.000.000.000.000.000.00
Investments13.2112.6710.555.3330.8212.642.98
Inventories0.000.000.000.000.000.000.00
Sundry debtors98.4455.5232.0624.2112.6615.4518.56
Cash & bank balances48.341227.0618.2511.5820.7630.80
Loans & advances8.2032.9113.306.434.345.294.00
Total current assets15521052.4248.8928.5841.5053.36
Total current liabilities41.5512.5411.5124.6713.9513.6318.17
Net working capital11319840.9124.2214.6327.8735.19
Total assets700420173151153169175
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash4.231.3612.805.975.0730.8023.97
Net cash from operating activities16844.8910.734.6515.1825.0332.25
Net cash from investing activities(332)(235)(15.18)19.4114.70(19.46)(24.55)
Net cash from financing activities162193(6.99)(17.23)(28.98)(15.62)(0.87)
Net change in cash(3.09)2.87(11.44)6.830.90(10.05)6.84
Closing cash48.341227.0618.2511.5820.7630.80
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+77.4%+33.1%+21.5%+55.3%-19.1%-2.9%-
EBITDA growth+197.1%+20.0%+50.7%+40.4%-9.4%+38.7%-
PBT growth+136.6%+38.6%+114.2%+19.0%+266.3%+9998.0%+9997.0%
Net income growth+191.1%+10.8%+179.2%+5713.3%-89.6%+580.0%-
Revenue CAGR (3Y)+42.1%+35.9%+15.1%+6.9%---
EBITDA CAGR (3Y)+75.1%+36.4%+24.2%+20.8%---
Profitability & leverage
Net income margin+25.3%+15.2%+18.8%+9.2%+11.8%+2.4%-2.8%
Return on capital employed+21.3%+14.7%+20.3%+11.8%+3.3%+3.8%+2.7%
Return on net worth+29.8%+15.7%+24.1%+11.5%+0.5%+1.8%-3.5%
Debt / equity1.030.640.450.620.921.201.27
Long-term debt / equity0.870.480.260.410.690.951.04
Interest cover27.1414.7917.1032.80124.31115.21-603.26
Efficiency & per share
Fixed asset turnover0.600.590.560.480.310.370.39
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover4.154.114.806.035.105.214.91
EPS (β‚Ή)32.5911.0513.109,527.708,143.202,178.44(283.13)
Dividend per share (β‚Ή)0.000.000.000.000.000.000.00
Book value per share (β‚Ή)126.7193.8765.1993,523.9083,699.5075,528.8573,627.78
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue32517111895.2257.8570.8075.59
Revenue growth+89.4%+45.1%+24.1%+64.6%-18.3%-6.3%-
Other income3.304.152.391.9411.092.945.03
Total expenses19013590.5579.6448.8860.8264.60
Employee cost0.000.000.000.180.050.040.09
EBITDA13535.9027.5815.588.979.9810.99
EBITDA margin+41.5%+21.0%+23.4%+16.4%+15.5%+14.1%+14.5%
Depreciation27.291.755.375.437.417.535.56
Interest28.222.491.661.502.392.061.64
Profit before tax82.4035.8122.9410.5910.263.338.82
Tax4.359.083.412.592.490.832.02
Net profit76.6426.6020.247.240.341.996.79
Net profit margin+23.6%+15.5%+17.1%+7.6%+0.6%+2.8%+9.0%
EPS (β‚Ή)31.7910.8910.858,000.807,765.202,500.406,798.81
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital24.5524.5518.000.010.010.010.01
Reserves & surplus29021210610496.2088.4385.93
Shareholders' funds (net worth)31523712410496.2188.4485.94
Secured loans32412517.009.4912.5030.5129.05
Unsecured loans26.8419.190.771.790.000.000.58
Total debt35014417.7711.2812.5030.5129.63
Total liabilities666382142116109120116
Assets
Gross block44710418.8180.3778.4597.3983.31
Net block40992.979.6733.8137.3258.1951.64
Capital work in progress1.420.000.000.000.000.000.00
Investments78.3177.9275.8029.3854.8836.6926.61
Inventories0.000.000.000.000.000.000.00
Sundry debtors98.0754.8929.0925.5514.2517.1324.71
Cash & bank balances44.341192.9011.586.1513.3721.70
Loans & advances14.8133.745.8811.403.473.051.67
Total current assets15720837.8748.5323.8733.5548.08
Total current liabilities40.6312.9011.6623.5815.4811.9816.02
Net working capital11719526.2124.958.3921.5732.06
Total assets666382142116109120116
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash3.680.467.692.010.736.2415.76
Net cash from operating activities14716.1423.83(16.90)6.8615.3119.34
Net cash from investing activities(321)(207)(26.85)25.3014.83(19.24)(19.23)
Net cash from financing activities171194(4.21)(2.72)(20.40)(1.58)5.83
Net change in cash(3.19)3.23(7.23)5.671.28(5.50)5.94
Closing cash44.341192.9011.586.1513.3721.70
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+89.4%+45.1%+24.1%+64.6%-18.3%-6.3%-
EBITDA growth+275.0%+30.2%+77.0%+73.7%-10.1%-9.2%-
PBT growth+130.1%+56.1%+116.6%+3.2%+208.1%-62.2%+9997.0%
Net income growth+188.1%+31.4%+179.6%+2029.4%-82.9%-70.7%-
Revenue CAGR (3Y)+50.5%+43.6%+18.6%+8.0%---
EBITDA CAGR (3Y)+105.2%+58.8%+40.3%+12.3%---
Profitability & leverage
Net income margin+24.1%+15.6%+16.5%+8.4%+13.4%+3.5%+9.0%
Return on capital employed+21.1%+14.6%+19.0%+9.8%+2.5%+4.0%+9.0%
Return on net worth+28.3%+14.8%+17.1%+7.2%+0.4%+2.3%+7.9%
Debt / equity0.900.450.130.120.230.340.34
Long-term debt / equity0.780.330.060.070.140.230.23
Interest cover26.307.297.4714.78153.2184.0830.20
Efficiency & per share
Fixed asset turnover1.182.802.381.200.660.780.91
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover4.244.084.324.783.693.383.06
EPS (β‚Ή)31.7910.8910.858,000.807,765.202,500.406,798.81
Dividend per share (β‚Ή)0.000.000.000.000.000.000.00
Book value per share (β‚Ή)128.2496.4568.791,04,209.4096,208.6088,443.4085,942.04

Web traffic of ABS Marine Services

The website of ABS Marine Services (absmarine.com) receives about 1.4K visits a month.

  • Monthly visits
    1.4K

    ▼ 68.1% vs previous month

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β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in Ship Design & Manufacturing

2 companies that operate in the same segment as ABS Marine Services (Ship Design & Manufacturing) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Ship design and engineering services are provided globally.
1972Kochi, Kerala, IndiaUSD 535.26 M3,540
Designs and develops ships
1934Mumbai, Maharashtra, IndiaUSD 1.39 B6,040
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Frequently Asked Questions about ABS Marine Services

ABS Marine Services was founded in 1992.

ABS Marine Services is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

ABS Marine Services has 125 employees.

The primary company behind ABS Marine Services, Abs Marine Services Limited, reported revenue of β‚Ή323 Cr for FY 2026, up 77% year on year.

ABS Marine Services was founded in 1992 and is headquartered in Chennai, India. Operations span the global shipping sector, where technical solutions for ship assets and operations are delivered. Emphasis is placed on ship classification standards, safety protocols, and initiatives for sustainability and decarbonization. Services support maritime engineering needs across international waters.

ABS Marine Services offers Ship Management and Port Services.

Yes, ABS Marine Services is publicly traded on NSE under the ticker symbol ABSMARINE.

ABS Marine Services operates through Abs Marine Services Limited.

The legal entities of ABS Marine Services currently have 9 directors, including Palliyil Narayanan Balachandran, Shreelatha Narayanan, Vadakkenchery Venketeswaran Ananthanarayanan and others.

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