Bhagwan Marine Ltd

Bhagwan Marine Ltd

BWN · AU · Industrials / Marine Shipping

0.27AUD-0.01 (-3.57%)

Price History

Full chart

Market Stats

Previous Close0.28
Open0.28
Day Range0.27 – 0.28
52-Week Range0.2476 – 0.6115
Volume17.50K
Market Cap129.07M
P/E (TTM)0.00
Forward P/E0.00
EPS0.00
Dividend Yield1.85%
Beta0.25
50-Day Avg0.2964
200-Day Avg0.3608

About

Bhagwan Marine Limited, a marine services company, owns and operates various vessels that provides marine solutions for the offshore energy and resources, subsea, ports and inshore, and defense sectors in Australia. Its port services, including wharf and jetty construction support, crew change/transfers, harbor towage, line boats, inshore survey, geotechnical support, general marine project support, ship supply runs, navigational aid maintenance, mooring installation, maintenance and removal, mooring hire, vessel line handling, berthing, transshipping, dredging support, bed levelling, and port security vessels; and offshore energy services comprising anchor handling tug supply vessels, crew transfer vessels, dive support vessels, top barges and materials handling barges, landing barges, multicats, tug boats, and utility vessels, as well as other specialist vessels. The company also offers offshore subsea services, such as air diving, subsea engineering, inspection, maintenance and repair (IMR), asset integrity, life extension, integrated remotely operated vehicle (ROV), geophysical and geotechnical, and hydrographic surveys; commercial diving services; civil construction support services; and project management services. In addition, it provides subsea IMR, construction, and decommissioning services. Further, the company has a total fleet of approximately 95 vessels. Bhagwan Marine Limited was incorporated in 1985 and is headquartered in Perth, Australia.

Company Details

  • SectorIndustrials
  • IndustryMarine Shipping
  • CEOMr. Loui Kannikoski
  • Employees1.00K
  • HeadquartersAustralia Place, Perth, WA, Australia, 6000, Australia
  • Websitehttps://www.bhagwanmarine.com

Leadership

  • Mr. Loui KannikoskiFounder, CEO, MD & Director
  • Mr. Mark AnnandChief Operating Officer
  • Mr. Andrew Wackett B.Com., FCPAExecutive Director of Finance & Director
  • Ms. Cheryl WilliamsCFO & Joint Company Secretary
  • Mr. Angus H. CampbellManaging Director of Riverside Marine
  • Janine SirgelFinancial Controller
  • Mr. Darryl EdwardsJoint Company Secretary
  • Andy CowanGeneral Manager of QHSE
  • Ms. Kerren KannikoskiGeneral Manager of Corporate Services
  • Peter CarmichaelGeneral Manager of West Coast Operations

Financials

Income Statement

Currency: AUD2020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Total Revenue101.98M97.88M134.70M169.00M269.84M283.04M235.91M
Growth (%)--4.02%+37.62%+25.46%+59.67%+4.89%-16.65%
Cost of Revenue76.06M70.20M94.50M111.60M22.80M18.28M213.33M
Gross Profit25.92M27.68M40.20M57.40M247.03M264.76M22.58M
Gross Margin25.42%28.28%29.84%33.96%91.55%93.54%9.57%
Operating Expense27.27M1.03M35.40M40.50M229.93M242.64M15.11M
Operating Income-1.34M26.65M4.80M16.90M17.11M22.11M7.47M
Operating Margin-1.32%27.23%3.56%10.00%6.34%7.81%3.17%
EBITDA17.74M19.41M26.50M37.70M32.50M50.58M44.16M
EBITDA Margin17.39%19.83%19.67%22.31%12.04%17.87%18.72%
Net Income-14.58M-19.73M2.40M17.30M5.55M12.49M-200.00K
Net Income Margin-14.30%-20.16%1.78%10.24%2.06%4.41%-0.08%
Interest Expense7.35M-4.70M6.70M9.20M3.70M5.47M
Interest Expense % of Total Revenue7.21%-3.49%3.96%3.41%1.31%2.32%

Balance Sheet

Currency: AUD2020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Total Assets182.42M165.01M193.46M196.72M254.15M281.79M476.93M
Total Liabilities166.99M124.94M144.66M132.59M176.08M113.98M260.29M
Total Equity15.42M40.07M48.80M64.13M78.08M167.81M216.65M
Cash945.00K332.00K516.00K42.00K1.35M16.19M23.85M
Total Debt117.00M106.72M107.45M98.74M93.75M66.10M157.61M
Net Debt116.06M106.39M106.94M98.70M92.40M49.91M133.76M

Cash Flow

Currency: AUD2020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Operating Cash Flow11.04M13.94M18.26M28.89M29.04M35.82M36.38M
Investing Cash Flow6.34M-5.14M565.00K-11.31M-12.06M-37.46M-118.01M
Financing Cash Flow-16.77M-9.41M-18.64M-18.05M-15.66M16.48M89.29M
Capital Expenditure6.37M9.55M9.04M11.56M13.65M38.36M27.24M
Free Cash Flow4.66M4.39M9.22M17.33M15.39M-2.54M9.14M
Dividends Paid------2.95M
FCF to OCF42.26%31.49%50.50%59.99%53.00%-7.10%25.13%
Dividend Paid to FCF------32.29%

Key Statistics & Ratios

Market Cap129.07M
Enterprise Value255.14M
Trailing P/E0.00
Forward P/E0.00
Price / Sales0.55
Price / Book0.56
EPS0.00
Book Value0.545
Revenue (TTM)235.91M
Gross Profit (TTM)59.26M
EBITDA29.51M
Profit Margin-0.09%
Operating Margin1.64%
Return on Equity-0.11%
Return on Assets1.32%
Shares Outstanding397.15M
Shares Float138.38M
Beta0.25
Dividend Yield1.85%
Dividend Rate0.01
Payout Ratio21.37%

Dividends

20262×
0.00Sep 9, 20260.01Mar 11, 2026
20251×
0.01Sep 11, 2025