Effective tax rate less than 1% of turnover under tonnage tax
Company has opted for tonnage tax scheme, significantly lowering tax burden from Q3 FY26 onwards.
KNOWLEDGEMARINEENGINEERI / guidance tracker
Keep management guidance in view.
Knowledge Marine & · forward-looking guidance across the available source record.
Research layer active
Guidance tracker
What management said would happen.
margins
Shipyard capex of ~₹100 crore to enable ₹500-700 crore revenue in 3 years
Investment in shipyard (debt+equity) to build tugs and smaller vessels, targeting top line of ₹500-700 crore within 3 years.
Receivable days to reduce to 30-45 days
Current receivables at 45-60 days expected to come down as mix shifts from Bahrain to India operations.