Market Data
Market Cap₹14.97 Cr.
52W High₹25.94
Current Price₹10.33
52W Low₹10.1
Down from 52W High60.2 %
Face Value₹10
Performance
ROCE-20.43 %
ROE-480.85 %
EPS (TTM)₹-0.52
EPS Prev Qtr₹-0.48
EPS Last Year₹-0.25
EBITDA Qtr₹-0.51 Cr.
Financial Health
Debt/Equity18.68
Debt/Profit-3.88
Total Assets₹13.42 Cr.
Promoter Holding50 %
Earning Power-14.75 %
Valuation
Industry P/E8.76
Price to Book31.86
Price to Sales2.68
Key Metrics
__derived
1
Face Value
₹10
About Shahi Shipping Ltd
Services · Shipping
Shahi Shipping Ltd is listed on NSE in the Services / Shipping sector. Face value ₹10. Market cap ₹14.97 Cr.
Price Chart
Strengths & Weaknesses
Strengths
- The company maintains a majority promoter holding of 50%, which may indicate strong control and strategic direction.
Weaknesses
- The company reports a negative P/E ratio of -7.52, indicating losses and no earnings per share.
- It has a significant net loss of ₹-2.26 Cr against revenue of ₹5.58 Cr, reflecting poor profitability.
- The Return on Equity (ROE) is an extremely negative -98.1%, showing severe inefficiency in generating returns for shareholders.
- Return on Capital Employed (ROCE) is negative at -22.23%, indicating the company is destroying value on invested capital.
- The Debt to Equity ratio is high at 2.69, suggesting aggressive leverage that increases financial risk.
- The Price to Book ratio is 7.42, which may reflect overvaluation relative to its book value given the company's poor performance.
Peer Comparison
| Name | CMP | P/E | Market Cap | Div Yield | NP Qtr | Qtr Profit Var% | Sales Qtr | Qtr Sales Var% | ROCE% | Debt/Eq |
|---|---|---|---|---|---|---|---|---|---|---|
| Great Eastern Shipping Company Ltd | - | 5.86 | ₹21,937.6 Cr | 1.52% | ₹3,746.86 Cr | - | ₹6,212.98 Cr | - | 22.02% | 0.06 |
| Shipping Corporation of India Ltd | - | 7.84 | ₹12,693.02 Cr | 1.65% | ₹1,618.07 Cr | - | ₹6,310.31 Cr | - | 16.12% | 0.27 |
| Shreeji Shipping Global Ltd | - | 75.73 | ₹12,301.14 Cr | 1.32% | ₹159.78 Cr | - | ₹757.04 Cr | - | 36.94% | 0.75 |
| Transworld Shipping Lines Ltd | - | - | ₹352.42 Cr | 0.93% | ₹-36.56 Cr | - | ₹509.94 Cr | - | -0.79% | 0.43 |
| Essar Shipping Ltd | - | - | ₹326.82 Cr | - | ₹90.99 Cr | - | ₹0.13 Cr | - | -25.95% | -0.69 |
| Garware Offshore Services Ltd | - | - | ₹133.45 Cr | - | ₹-10.27 Cr | - | ₹43.25 Cr | - | -2.48% | 0.2 |
| Chowgule Steamships Ltd | - | 9.78 | ₹75.3 Cr | - | ₹4.35 Cr | - | ₹2.95 Cr | - | -11.25% | -0.2 |
| Shahi Shipping Ltd | - | - | ₹14.97 Cr | - | ₹-2.26 Cr | - | ₹5.58 Cr | - | -22.23% | 2.69 |
| Mercator Ltd | - | - | - | - | ₹-224.08 Cr | - | ₹0 Cr | - | 30.8% | -0.49 |
| Sadhav Shipping Ltd | - | - | - | - | - | - | - | - | - | 1.11 |
| Arvind Port & Infra Ltd | - | - | - | - | - | - | - | - | - | 0.05 |
| ABS Marine Services Ltd | - | - | - | - | - | - | - | - | - | 1.21 |
| Seacoast Shipping Services Ltd | - | - | - | - | - | - | - | - | - | 0.46 |
| Scindia Steam Navigation Co. Ltd | - | - | - | - | ₹-21.95 Cr | - | ₹0 Cr | - | - | - |
| Varun Shipping Company Ltd | - | - | - | - | ₹-488.67 Cr | - | ₹5.15 Cr | - | -21.62% | 0.97 |
Quarterly Results
📊 Jun 2026: Revenue fell 50.0% YoY, Profit fell 134.4% YoY
| Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|
| Sales | 1.76 | 1.44 | 1.67 | 1.59 | 0.88 |
| ↳ QoQ Growth | - | -18.2% | +16.0% | -4.8% | -44.7% |
| Expenses | 1.92 | 1.8 | 2.17 | 2.2 | 1.4 |
| Operating Profit | -0.17 | -0.36 | -0.5 | -0.61 | -0.51 |
| OPM % | -9.66% | -25% | -29.94% | -38.36% | -57.95% |
| Other Income | 0.01 | 0.1 | 0.03 | 0.02 | 0 |
| Interest | 0.17 | 0.06 | 0.08 | 0.1 | 0.12 |
| Depreciation | 0.17 | 0.15 | 0.18 | 0.22 | 0.19 |
| EBITDA | 0 | -0.21 | -0.32 | -0.39 | -0.32 |
| EBITDA Margin % | 0% | -14.58% | -19.16% | -24.53% | -36.36% |
| Profit Before Tax | -0.33 | -0.32 | -0.55 | -0.75 | -0.63 |
| Tax % | 3.03% | -12.5% | 16.36% | 8% | -19.05% |
| Net Profit | -0.32 | -0.36 | -0.46 | -0.69 | -0.75 |
| ↳ QoQ Growth | - | -12.5% | -27.8% | -50.0% | -8.7% |
| EPS | -0.22 | -0.25 | -0.32 | -0.48 | -0.52 |
Profit & Loss
| Mar 2026 | TTM | |
|---|---|---|
| Sales | 6.46 | 5.58 |
| Expenses | 8.09 | 7.57 |
| Operating Profit | -1.64 | -1.98 |
| OPM % | -25.39% | -35.48% |
| Other Income | 0.16 | 0.15 |
| Interest | 0.41 | 0.36 |
| Depreciation | 0.72 | 0.74 |
| Profit Before Tax | -1.95 | -2.25 |
| Tax % | 6.15% | -0.44% |
| Net Profit | -1.83 | -2.26 |
| EPS | -1.27 | -1.57 |
Compounded Sales Growth
10Y
-
5Y
-
3Y
-
TTM
-
Compounded Profit Growth
10Y
-
5Y
-
3Y
-
TTM
-
Stock Price CAGR
10Y
-
5Y
-
3Y
-
1Y
-29.39%
Return on Equity
10Y
-
5Y
-
3Y
-
Last Year
-98.1%
Balance Sheet
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Equity Capital | 14.4949 | 14.49 |
| Reserves | -12.1911 | -14.02 |
| Borrowings | 6.2 | 8.78 |
| Other Liabilities | 3.85 | 4.17 |
| Total Liabilities | 12.3517 | 13.42 |
| Fixed Assets | 7.3849 | 7.92 |
| CWIP | 0 | 1.23 |
| Investments | 0.05 | 0.03 |
| Other Assets | 4.92 | 4.24 |
| Total Assets | 12.3517 | 13.42 |
Cash Flows
| Mar 2025 | |
|---|---|
| Cash from Operating Activity | 2.7744 |
| Cash from Investing Activity | -2.692 |
| Cash from Financing Activity | 0.1348 |
| Net Cash Flow | 0.2172 |
Ratios
| Mar 2026 | |
|---|---|
| Debtor Days | - |
| Inventory Days | - |
| Days Payable | - |
| Cash Conversion Cycle | - |
| Working Capital Days | 262.17 |
| ROCE % | -35.34% |
Shareholding Pattern
| Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|
| Promoters % | 50% | 50% | 50% | 50% |
| FIIs % | 0% | 0% | 0% | 0% |
| DIIs % | 0% | 0% | 0% | 0% |
| Public % | 45.88% | 46.03% | 46.11% | 46.12% |
| No. of Shareholders | 7,480 | 7,764 | 7,780 | 7,734 |