Bhagwan Marine
Bhagwan Marine is an Australian marine services company providing diverse solutions within Ports, Nearshore, Offshore, and Subsea locations. They operate a large fleet of vessels and offer services to industries including Oil and Gas, Subsea, Port, Civil Construction, Renewables, and Defence.
Short position
Bhagwan Marine (ASX:BWN) has 0.00% of its shares on issue reported as short positions as of 5 Oct 2026, or about 145 shares. Over the past 30 days that figure has been broadly flat, and over 90 days it has been broadly flat. Its highest recorded short interest was 0.15% in March 2012. BWN is classified in the Transportation industry. All figures come from official ASIC short position reports, published with a four trading-day (T+4) delay.
Price & short interest
Toggle series, zoom, and compare · ASIC daily, T+4Bhagwan Marine (BWN) financials
Results, ratios and statements
Latest result
Year to 30 Jun 2026 (FY26) vs FY25, figures in AUD, the reporting currency
- Revenue
- $235.9Mvs $283.0M (FY25)
- Yahoo Finance, as at 29 Sep 2026
- NPAT
- −$200.0Kvs $12.5M (FY25)
- Yahoo Finance, as at 29 Sep 2026
- EPS (diluted)
- −$0.001T (source: Derived: trailing 12 months at year end)vs $0.047 (FY25)
- Derived: trailing 12 months at year end, as at 29 Sep 2026
- Rev YoY
- −16.6%FY
- EPS YoY
- n/mTTM
- Derived: trailing 12 months at year end
Key ratios
Year to 30 Jun 2026 (FY); balance sheet at 30 Jun 2026; prices to 9 Oct 2026
- Gross margin
- 94.7%
- Operating margin
- 2.5%
- Net margin
- −0.1%
- FCF margin
- 3.9%
- ROE
- −0.1%
- ROA
- −0.1%
- FCF conversion
- n/a
- Net debt (excl. leases)
- $86.5M
- Net debt / EBITDA
- 2.1×
- Current ratio
- 1.1×
- Interest cover
- 1.5×
- Cash dividends paid / net profit
- n/a
- Market cap
- $115.2M
- P/E
- n/a
- P/B
- 0.5×
Ratios use the reporting currency (AUD); market cap is in AUD. Source: Yahoo Finance, as at 29 Sep 2026.
Financial statements
Figures in AUD, the reporting currency; Yahoo Finance unless marked
| Line item | FY26 | FY25 | FY24 | FY23 |
|---|---|---|---|---|
| Revenue | $235.9M | $283.0M | $269.8M | $169.0M |
| Gross profit | $223.4M | $264.8M | $247.0M | $57.4M |
| Operating income | $5.8M | $22.1M | $17.1M | $16.9M |
| EBITDA | $42.0M | $50.6M | $32.5M | $37.7M |
| EBIT | $5.3M | $22.5M | $8.9M | $16.7M |
| Interest expense | $3.8M | $3.2M | $997.0K | $6.7M |
| Pretax income | $1.5M | $19.3M | $7.9M | $10.0M |
| Tax | $1.7M | $6.8M | $2.4M | −$7.3M |
| NPAT | −$200.0K | $12.5M | $5.5M | $17.3M |
| Net interest income | −$4.6M | −$3.7M | −$9.2M | −$6.7M |
| EPS basic | −$0.001T (source: Derived: trailing 12 months at year end) | $0.047 | $0.037 | $0.063 |
| EPS diluted | −$0.001T (source: Derived: trailing 12 months at year end) | $0.047 | $0.037 | $0.063 |
| Shares | 397.2M | 275.2M | 148.2M | 275.2M |
- Derived: trailing 12 months at year end
Financial reports
The company's own filings, newest first
- Bhagwan Marine - FY26 Annual ReportAnnual Report27 Aug 2026via asx_announcements
- Appendix 4E - FY26 Preliminary Final ReportAnnual Results27 Aug 2026via asx_announcements
- Bhagwan Marine 1H26 Interim Financial Report and Appendix 4DHalf Year Results26 Feb 2026via asx_announcements
- <img decoding="async" src="https://www.bhagwanmarine.com/wp-content/uploads/2024/06/arrowblue.png" width="18" height="18" alt="" class="wp-image-6828 alignnone size-full" /> Privacy PolicyFinancial Report31 Dec 2025via crawler
- <img decoding="async" src="https://www.bhagwanmarine.com/wp-content/uploads/2024/06/arrowblue.png" width="18" height="18" alt="" class="wp-image-6828 alignnone size-full" /> Cyber Security PolicyFinancial Report31 Dec 2025via crawler
- <img decoding="async" src="https://www.bhagwanmarine.com/wp-content/uploads/2024/06/arrowblue.png" width="18" height="18" alt="" class="wp-image-6828 alignnone size-full" /> Maritime Security PolicyFinancial Report31 Dec 2025via crawler
- <img decoding="async" src="https://www.bhagwanmarine.com/wp-content/uploads/2024/06/arrowblue.png" width="18" height="18" alt="" class="wp-image-6828 alignnone size-full" /> 2025 Corporate Governance StatementFinancial Report31 Dec 2025via crawler
- <img decoding="async" src="https://www.bhagwanmarine.com/wp-content/uploads/2024/06/arrowblue.png" width="18" height="18" alt="" class="wp-image-6828 alignnone size-full" style="margin-top: -1px;" /> Occupational Health and Safety (OH&S) PolicyFinancial Report31 Dec 2025via crawler
- <img decoding="async" src="https://www.bhagwanmarine.com/wp-content/uploads/2024/06/arrowblue.png" width="18" height="18" alt="" class="wp-image-6828 alignnone size-full" /> Just Culture PolicyFinancial Report31 Dec 2025via crawler
- <img decoding="async" src="https://www.bhagwanmarine.com/wp-content/uploads/2024/06/arrowblue.png" width="18" height="18" alt="" class="wp-image-6828 alignnone size-full" /> Quality PolicyFinancial Report31 Dec 2025via crawler
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