Singapore Exchange · Energy
Invest in Mermaid Maritime Public stock from India
Indian and foreign residents can buy Mermaid Maritime Public (DU4) shares directly through Paasa.
By Paasa · Updated
Mermaid Maritime Public at a glance
- Price
- S$0.08+S$0.00 (1.23%)
- Market cap
- S$155.04M
- Day range
- S$0.08 – S$0.08
- P/E
- 7.55
- Dividend yield
- 1.51%
- Volume
- 222.70K
- 1 month
- -12.77%
- 6 months
- -28.70%
- YTD
- -36.43%
- 1 year
- -33.87%
- 5 years
- +9.33%
Mermaid Maritime Public statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | $496.5M | $513.3M | $275.4M | $223.9M | $111.6M |
| Gross profit | $31.0M | $36.1M | $30.7M | $16.0M | −$2.2M |
| Operating income | $7.1M | $12.8M | $11.7M | $1.6M | −$15.2M |
| Net income | $6.6M | $13.8M | $9.6M | −$195.0K | −$15.7M |
| Earnings per share | $0.00 | $0.01 | $0.01 | −$0.00 | −$0.01 |
| EBITDA | $33.4M | $55.7M | $41.9M | $24.0M | $1.5M |
| Total assets | $451.0M | $415.7M | $356.6M | $291.5M | $258.6M |
| Total debt | $104.4M | $115.0M | $102.8M | $71.3M | $51.9M |
| Cash and short-term investments | $66.0M | $22.9M | $30.3M | $7.8M | $10.9M |
| Shareholders' equity | $235.0M | $184.1M | $170.3M | $160.7M | $161.0M |
| Operating cash flow | $42.8M | $15.6M | $10.0M | $28.4M | −$2.9M |
| Free cash flow | $21.1M | −$14.2M | −$1.2M | $13.5M | −$27.5M |
| Capital expenditure | −$21.7M | −$29.9M | −$11.1M | −$14.9M | −$24.6M |
Fiscal years as reported, the latest ending 31 Dec 2025. Figures in USD; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Beng Kuang Marine | BEZ.SI | S$0.36 | S$107.98M |
| Sinostar PEC | C9Q.SI | S$0.10 | S$94.08M |
| Baker Technology | BTP.SI | S$0.42 | S$85.21M |
| Rex International | 5WH.SI | S$0.06 | S$82.00M |
| Salt Investments | FQ7.SI | S$0.00 | S$52.09M |
| Kim Heng | 5G2.SI | S$0.07 | S$48.64M |
| Mencast | 5NF.SI | S$0.09 | S$40.37M |
| Hengyang Petrochemical Logistics | 5PD.SI | S$0.15 | S$30.52M |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Mermaid Maritime Public from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to SGD when you buy.
Step 3
Search DU4 and buy
Find Mermaid Maritime Public by name or by its ticker, DU4, and place your order.
Why invest in Mermaid Maritime Public from India
What Mermaid Maritime Public does
Mermaid Maritime Public Company Limited, with its subsidiaries, delivers specialized subsea and offshore services across Thailand, Qatar, the United Arab Emirates, the United Kingdom, and Saudi Arabia. The company's core subsea activities include inspection, repair, and maintenance, support for infrastructure installation, remotely operated vehicle (ROV) assistance, and the laying of cables and flexible pipes. Mermaid Maritime Public operates in the Oil & Gas Equipment & Services industry within the Energy sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy Mermaid Maritime Public stock from India?
Yes. Indian residents and NRIs can buy Mermaid Maritime Public (DU4) shares directly through Paasa. Mermaid Maritime Public is listed on the Singapore Exchange, in the Oil & Gas Equipment & Services industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
How are Mermaid Maritime Public dividends taxed for Indian investors?
Mermaid Maritime Public trades on the Singapore Exchange but is domiciled in Thailand, so any withholding on its dividends follows that country's rules rather than those of Singapore. Dividends are taxed at your slab rate in India. Paasa's dividend report shows the gross amount and any tax withheld for each payment.
What tax do I pay in India when I sell Mermaid Maritime Public shares?
Singapore does not levy capital gains tax on the sale of shares, ETFs or REITs. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the SGD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.