Studies of coastal bathymetry are important where littoral drift has implications on the planning of fishing and dredging operations. Also, there is a possibility of finding hitherto unknown bottom features in relatively less explored regions of the shallow seas around the globe. High resolution satellite imagery over oceans provides us with quantitative methods for estimating depth in shallow parts of the seas. One of the methods is the analysis of the refraction of coastal gravity waves observed on satellite imagery. A panchromatic image acquired by SPOT with 10 m resolution on March 22, 1986, over Bay of Bengal near Madras Coast, was used for this analysis. The image was enhanced to clearly bring out the wave structure seen on the sea surface. The image was then superimposed with a 1 km × 1 km grid. For each grid cell, 64 × 64 pixels at the center were considered for getting a Fast Fourier Transform to determine the wave spectrum and the dominant wavelength present there. The classical theory of gravity waves was used to relate the shallow water wavelengths obtained as above with the corresponding wavelengths in the deep water. The deep-water wavelength was estimated to be 110 m using the known chart depths at a set of control points. The resulting depth estimates, when compared with standard bathymetric charts, were found, in general, to be well in agreement up to a depth of 30 m in the sea, with an r.m.s. error of 2.6 meters. The method seems to be very useful for remotely sensed bathymetric work. However, further research is required to reduce the error margin and operationalize the method.