AI Summary
✦ ClarthaKnowledge Marine & Engineering Works is an Indian marine-crafts company owning, operating, and chartering vessels. Dredging and port-ancillary craft services drive activity, alongside shipbuilding, repair, refitting, and marine-infrastructure work. Revenue grew 27.7% year-on-year, while profit increased 58.2%; however, no major recent development supports a clear operating catalyst. ROE stands at 20%, but debt-equity of 38.76x indicates extreme leverage, which materially amplifies reported returns and raises financial risk. Declining margins also weaken earnings quality despite faster profit growth than revenue. At 75.5x earnings, the stock appears rich relative to its growth rate, leaving valuation exposed to margin compression, leverage, and execution risks across dredging and marine projects.
Valuation Metrics
Trading 114.1% above historical median. Valuation is rising — currently in the strongly overvalued zone (z-score: +2.31). Confidence: 61%.
Live forward EPS implies next-12-month EPS of ₹100.00. Applying the stock's normalized valuation corridor produces a fair range of ₹2,441.00 to ₹4,889.00, with base value near ₹3,434.00 (+32.2% vs current price).
Live forward estimate anchored to the company's historical valuation corridor.
Forward EPS
₹100.00
Forward P/E
26.0x
Base Fair Value
₹3,434.00
Fair Range
₹2,441.00 - ₹4,889.00
Upside To Base
+32.2%
Estimate Source
Live forward EPS
Growth Estimate
+113.3%
5Y Average
40.67
Current
73.52
Overvalued
48.89
Undervalued
24.41
5Y Average
36.16
Current
67.14
Overvalued
46.72
Undervalued
21.19
5Y Average
11.91
Current
11.13
Overvalued
14.29
Undervalued
8.86
Peers & Comparison
Sector: Real Estate
| Company | Rev. Growth | Margin | P/E | vs Avg | 52W Perf. |
|---|---|---|---|---|---|
KALPATARU LIMITED KALPATARUReal Estate | +6.5% | 3.4% | 60.2x Premium | +68% vs avg | -30.0% |
MAHINDRA LIFESPACE DEVLTD MAHLIFEReal Estate | +2909.5% | 15.8% | 24.7x Undervalued | -31% vs avg | +13.3% |
GANESH HOUSING LIMITED GANESHHOUReal Estate | +85.6% | 41.4% | 24.3x Undervalued | -32% vs avg | -11.4% |
ANANT RAJ LIMITED ANANTRAJReal Estate | +19.6% | 22.2% | 38.9x Fair | +9% vs avg | +12.2% |
BRIGADE ENTER. LTD BRIGADEReal Estate | -0.2% | 11.3% | 30.8x Fair | -14% vs avg | -16.8% |
KNOWLEDGE MARINE & EN W L trades at a premium (75.5x vs peer avg 35.8x), implying higher growth or quality expectations from the Real Estate cohort. Peers include KALPATARU LIMITED, MAHINDRA LIFESPACE DEVLTD, GANESH HOUSING LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.
Financials
Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.
Latest revenue
₹62 CrMar 2026Latest net profit
₹31 CrMar 2026Latest EPS
₹12.53Mar 2026Net margin
36.0%Mar 2026Performance
Bars show revenue and net profit. The line shows net margin.
- Revenue
- Net income
- Net margin %
Earnings
Revenue is shown in crores. EPS is rupees per share.
- Revenue
- EPS
Revenue to profit conversion
Bridge from operating numbers to profit for the latest reported period.
Latest reported period: Mar 2026
Debt level and coverage
Debt, cash and free cash flow compared on the same crore scale.
- Debt
- Free cash flow
- Cash & equivalents
Results
| Metric | Sep 2022 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 117 | 14 | 23 | 30 | 41 | 42 | 36 | 34 | 47 | 82 | 62 |
| Expenses + | 84 | 10 | 20 | 18 | 26 | 25 | 23 | 20 | 28 | 48 | 40 |
| Operating Profit | 34 | 4 | 3 | 11 | 15 | 18 | 13 | 14 | 19 | 34 | 22 |
| OPM % | 29% | 32% | 13% | 38% | 36% | 42% | 37% | 40% | 40% | 41% | 36% |
| Other Income + | 0 | 0 | 2 | 0 | 1 | 1 | 3 | 1 | 1 | 3 | 14 |
| Interest | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 2 | 4 | 3 | 4 |
| Depreciation | 2 | 1 | 1 | 2 | 2 | 2 | 2 | 3 | 4 | 4 | 7 |
| Profit before tax | 31 | 3 | 2 | 9 | 13 | 14 | 12 | 9 | 12 | 30 | 26 |
| Tax % | 26% | 31% | 38% | 19% | 31% | 26% | 28% | 25% | 14% | 0% | -19% |
| Net Profit + | 23 | 2 | 2 | 7 | 9 | 10 | 9 | 7 | 10 | 30 | 31 |
| EPS in Rs | 11.29 | 0.87 | 0.70 | 3.29 | 4.25 | 4.66 | 4.00 | 3.30 | 4.63 | 12.35 | 12.53 |
| Raw PDF |
All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).
Events Timeline
Board Meeting Intimation for Consideration And Approval Of The Un-Audited Standalone And Consolidated Financial Results Of The Company For The Quarter Ended June 30, 2026 And Sub-Division Of Shares