Analysts/Institutional Investor Meet/Con. Call Updates

SEAMEC LIMITED A member of MMG l'flJGV,.WAJ..GROJP Regd. Office: A-901-905, 9th Floor, 215 Atrium, Andheri Kurla Road, Andheri (East), Mumbai 400 093, India Tel.: +91-22-6694 1800 • Fax: +91-22-6694 1818 • E-mail : contact@seamec.in • CIN : L63032MH1986PLC154910 SEAMEC/BSE&NSE/SMO/ TRANSCRIPT/1708/2026 August 17, 2026 Corporate Relations Department The Manager Listing Department BSE Limited National Stock Exchange of India Limited Phirojee Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G Block, Dalal Street, Bandra-Kurla Complex, Bandra (East) Mumbai – 400001 Mumbai - 400051 Scrip Code: 526807 Trading Symbol: SEAMECLTD Sub: Transcript of Investors/Analyst Earnings concall held on August 14, 2026 Ref: a. Regulation 30 (read Para A (15) of Schedule III -Part A) of Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) b. ISIN: INE497B01018 Dear Sir / Madam, In accordance with Regulation 30 read with Schedule III of the Listing Regulations, this is to inform you that the transcript of the concall organized and held on Friday, August 14, 2026, in relation to the Unaudited Financial Results of the Company for the quarter ended June 30, 2026 (Q1 FY27) is hereby enclosed. The above is made available on the Company’s website i.e. https://www.seamec.in/ This is for your information and record. Yours Faithfully, For SEAMEC LIMITED S.N. Mohanty President – Corporate Affairs, Legal and Company Secretary Please visit us at: www.seamec.in - Q Q CONTRACTOR MEMBER GIMCA ~ MGMTSYS MGMlSYS 1SO9001:2015 1SO14001:2015 1SO4SO0U018 International Marine Contractors Association Certified by IRQS Av AC0 71 Certified by IRQS AvA C07 1 Certified by IRQS OHSMS 007 SEAMEC LIMITED A Member of MM~ “Seamec Limited Q1 FY27 Earnings Conference Call” August 14, 2026 SEAMEC LIMITED C H O R L L' ~!Y.'~ Arihant Capital A Member of L,_,..,,c,r,1t1n('J \W•"'-ti" MANAGEMENT: MR. NAVEEN MOHTA – WHOLE-TIME DIRECTOR– SEAMEC LIMITED MR. ASHOK VERMA – CHIEF FINANCIAL OFFICER – SEAMEC LIMITED MR. SUNIL GUPTA – VICE PRESIDENT, STRATEGY AND INVESTORS RELATIONS – SEAMEC LIMITED MODERATOR: MR. BALASUBRAMANIAN – ARIHANT CAPITAL MARKETS LIMITED Page 1 of 11 ® Seamec Limited SEAMEC LIMITED August 14, 2026 Moderator: Ladies and gentlemen, good day, and welcome to the Q1 FY27 Earnings Conference Call of Seamec Limited. As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing star then zero on your touchtone phone. Please note that this conference is being recorded. I now hand the conference over to Mr. Balasubramanian from Arihant Capital Markets Limited. Thank you, and over to you, sir. Balasubramanian: Thank you, Julius. Good morning, everyone. On behalf of Arihant Capital, I welcome you to the earnings of Seamec Limited Q1 FY27 Conference Call. From the management side today, we have Mr. Naveen Mohta, Whole-Time Director; Mr. Ashok Verma, CFO; and Mr. Sunil Gupta, VP, Strategy and Investor Relations. We welcome the management of Seamec on this call. Now I invite Mr. Naveen Mohta sir to give his opening remarks, following which we will open the floor for Q&A. Over to you, sir. Naveen Mohta: Thank you, Bala. Good afternoon, ladies and gentlemen. On behalf of Seamec, I extend a very warm welcome to all our shareholders, investors, analysts and other participants joining us today for our earnings conference call. Thank you for taking the time to be with us and for your continued confidence in the company. The global offshore energy industry continue to witness healthy structural growth driven by increasing focus on energy security, offshore exploration and production and investment in offshore infrastructure. While the energy transition continues, recent geopolitical development have reinforced the importance of conventional oil and gas, supporting continued investment in domestic exploration and production. Against this backdrop, demand for specialized offshore vessels and marine services remains encouraging. Increasing exploration, brownfield redevelopment, subsea infrastructure and production optimizations are creating sustained opportunities for experienced offshore services provider. For Seamec, the Middle East remains a key growth market. The gradual reopening of offshore activities in Iran could support regional vessel demand over the medium to long term, while Saudi Arabia continues to be strategically important. Our operations in the Kingdom have delivered consistent performance, strong safety standards and reliable execution. We remain focused on building long-term customer relationships and strengthening Seamec's position as a preferred offshore service provider in the region. In India, the recent Andaman and Mahanadi basin discovery further highlights the country's significant offshore potential. As these discoveries progresses towards development and production, they are expected to create opportunities across subsea intervention, diving support, inspection, maintenance and offshore construction areas where Seamec has established capabilities and experience. Page 2 of 11 ® Seamec Limited SEAMEC LIMITED August 14, 2026 Industry fundamentals remain supportive with limited availability of quality offshore support vessels, disciplined fleet addition and increasing offshore activities supporting healthy utilization and a favorable supply/demand balance. Chartering conditions also remain encouraging, and our focus continues to be on securing contracts that provide sustainable return and long-term revenue visibility. Operationally, our fleet continue to maintain healthy utilization across domestic and international contracts. We remain focused on operational reliability, safety, proactive maintenance and efficient vessel deployment. Fleet modernization is also an important part of our strategy, and we continue to selectively evaluate opportunities that enhance our capabilities while maintaining disciplined capital allocation. Looking ahead, we remain optimistic about the opportunity pipeline across India and international markets, particularly the Middle East. While geopolitical uncertainties remains, our diversified operations, experienced workforce and disciplined execution provide resilience. Our strategy remains clear: maximize fleet utilization, maintain the highest standard of safety and execution, strengthen customer relationship and allocate capital prudently. With supportive industry fundamentals and expanding opportunities across key markets, we believe Seamec is well positioned to participate in the next phase of offshore growth and deliver sustainable long-term value to our stakeholders. With that, I would like to welcome our new CFO, Mr. Ashok Verma, and hand over the call to him, who will take you through the financial performance for the quarter. Ashokji? Ashok Verma: Thank you, Naveenji, for the introduction. And good morning to everyone. I extend a warm welcome to everyone joining us for today's Q1 FY27 earnings call. I'll take you through our financial performance for the quarter. On a consolidated basis, revenue for the quarter stood at INR 297 crores as compared to INR 211 crores in the corresponding quarter of the previous year. This reflects a year-on-year growth of 41%. At a stand-alone level, revenue stood at INR 283 crores as against INR 201 crores during the same quarter last year. Consolidated EBITDA for the quarter stood at INR 124 crores, while stand-alone EBITDA stood at INR 117 crores. Profit after tax on a consol basis stood at INR 81 crores compared with INR 76 crores in the same quarter last year. Stand-alone profit after tax stood at INR 81 crores as against INR 80 crores during the same quarter at the previous year. The quarter's operational performance continued to benefit from healthy fleet u [Showing first 8,000 characters — download PDF for full document]