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Bhagwan Marine’s $120M Riverside Deal: What’s Next for FY26 Growth?

9:34am on Monday 9th of February, 2026 AEDT Marine Services
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Bhagwan Marine’s $120M Riverside Deal: What’s Next for FY26 Growth?

9:34am on Monday 9th of February, 2026 AEDT
Key Points
  • Acquisition valued at $120 million with $70 million debt funding
  • Pro forma FY26 revenue rises to $346.3 million
  • EBITDA margin expands from 18% to 24%
  • EPS accretion of approximately 14% forecast for FY26
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