Shahi Shipping Ltd
Incorporated in 1985, Shahi Shipping Ltd is involved in trans-shipment business through transportation of bulk cargo and containers.
- Market Cap ₹ 6.60 Cr.
- Current Price ₹ 4.56
- High / Low ₹ 5.23 / 3.65
- Stock P/E 16.1
- Book Value ₹ 2.26
- Dividend Yield 0.00 %
- ROCE 5.86 %
- ROE 13.3 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -8.11% over past five years.
- Company has a low return on equity of -9.78% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.1.24 Cr.
- Debtor days have increased from 57.1 to 74.7 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
22.83 | 21.45 | 19.40 | 18.44 | 14.60 | 19.11 | 16.62 | 10.21 | 8.14 | 9.34 | 9.40 | 10.89 | |
13.45 | 14.21 | 14.44 | 16.74 | 12.12 | 15.90 | 14.69 | 23.29 | 9.93 | 9.69 | 10.56 | 10.77 | |
Operating Profit | 9.38 | 7.24 | 4.96 | 1.70 | 2.48 | 3.21 | 1.93 | -13.08 | -1.79 | -0.35 | -1.16 | 0.12 |
OPM % | 41.09% | 33.75% | 25.57% | 9.22% | 16.99% | 16.80% | 11.61% | -128.11% | -21.99% | -3.75% | -12.34% | 1.10% |
1.13 | -1.42 | -3.47 | 0.89 | -2.35 | 0.11 | 1.21 | 0.25 | 0.29 | 0.47 | 2.25 | 1.24 | |
Interest | 4.21 | 3.56 | 2.90 | 2.44 | 1.48 | 1.21 | 1.04 | 0.67 | 0.74 | 0.66 | 0.47 | 0.39 |
Depreciation | 4.70 | 4.38 | 3.21 | 3.90 | 2.94 | 2.10 | 1.83 | 1.31 | 0.99 | 0.86 | 0.77 | 0.61 |
Profit before tax | 1.60 | -2.12 | -4.62 | -3.75 | -4.29 | 0.01 | 0.27 | -14.81 | -3.23 | -1.40 | -0.15 | 0.36 |
Tax % | 41.88% | 25.94% | 23.81% | 8.00% | 41.26% | 5,700.00% | -303.70% | 1.15% | -2.48% | 18.57% | 46.67% | -13.89% |
Net Profit | 0.93 | -1.57 | -3.51 | -3.44 | -2.52 | -0.55 | 1.10 | -14.65 | -3.31 | -1.13 | -0.08 | 0.41 |
EPS in Rs | 0.64 | -1.08 | -2.42 | -2.37 | -1.74 | -0.38 | 0.76 | -10.11 | -2.28 | -0.78 | -0.06 | 0.28 |
Dividend Payout % | 15.58% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -7% |
5 Years: | -8% |
3 Years: | 10% |
TTM: | 16% |
Compounded Profit Growth | |
---|---|
10 Years: | 18% |
5 Years: | -19% |
3 Years: | 29% |
TTM: | 305% |
Stock Price CAGR | |
---|---|
10 Years: | -6% |
5 Years: | -13% |
3 Years: | -8% |
1 Year: | -13% |
Return on Equity | |
---|---|
10 Years: | -13% |
5 Years: | -62% |
3 Years: | -10% |
Last Year: | 13% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
14.49 | 14.49 | 14.49 | 14.49 | 14.49 | 14.49 | 14.49 | 14.49 | 14.49 | 14.49 | 14.49 | 14.49 | |
Reserves | 17.89 | 16.32 | 12.81 | 9.29 | 6.77 | 6.24 | 7.34 | -7.31 | -10.62 | -11.53 | -11.62 | -11.21 |
31.08 | 27.66 | 23.56 | 20.18 | 14.32 | 13.18 | 9.87 | 9.94 | 9.15 | 9.63 | 10.46 | 8.99 | |
11.97 | 13.72 | 13.61 | 11.46 | 8.43 | 8.40 | 7.35 | 6.40 | 7.69 | 7.62 | 6.58 | 7.16 | |
Total Liabilities | 75.43 | 72.19 | 64.47 | 55.42 | 44.01 | 42.31 | 39.05 | 23.52 | 20.71 | 20.21 | 19.91 | 19.43 |
41.05 | 33.85 | 25.45 | 20.96 | 15.23 | 13.34 | 11.47 | 8.73 | 7.73 | 6.90 | 6.11 | 7.25 | |
CWIP | 4.02 | 4.02 | 4.04 | 4.08 | 2.08 | 2.10 | 2.10 | 2.10 | 2.10 | 2.10 | 2.10 | 0.00 |
Investments | 0.09 | 0.08 | 0.08 | 0.07 | 0.07 | 0.11 | 0.11 | 0.04 | 0.03 | 0.03 | 0.04 | 0.04 |
30.27 | 34.24 | 34.90 | 30.31 | 26.63 | 26.76 | 25.37 | 12.65 | 10.85 | 11.18 | 11.66 | 12.14 | |
Total Assets | 75.43 | 72.19 | 64.47 | 55.42 | 44.01 | 42.31 | 39.05 | 23.52 | 20.71 | 20.21 | 19.91 | 19.43 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.29 | 2.22 | 2.09 | 4.08 | 1.25 | 5.38 | 4.42 | -0.80 | 1.16 | 0.96 | -0.71 | ||
1.23 | 1.40 | 1.68 | -0.44 | 4.30 | -0.12 | -0.02 | 0.81 | 0.19 | 0.00 | 0.15 | ||
-2.22 | -3.59 | -4.10 | -3.38 | -5.86 | -4.73 | -4.38 | -0.61 | -1.52 | -0.79 | 0.60 | ||
Net Cash Flow | -0.70 | 0.03 | -0.33 | 0.25 | -0.31 | 0.53 | 0.02 | -0.60 | -0.18 | 0.17 | 0.04 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 279.15 | 424.22 | 476.57 | 399.24 | 435.25 | 324.51 | 339.74 | 118.33 | 86.54 | 45.33 | 51.26 | 74.74 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 279.15 | 424.22 | 476.57 | 399.24 | 435.25 | 324.51 | 339.74 | 118.33 | 86.54 | 45.33 | 51.26 | 74.74 |
Working Capital Days | 185.14 | 242.82 | 319.47 | 241.49 | 418.25 | 212.20 | 221.37 | -51.84 | -184.74 | -166.87 | -126.20 | -93.18 |
ROCE % | 7.72% | 4.72% | 3.24% | -0.89% | -0.63% | 3.48% | 4.36% | -55.06% | -16.72% | -5.78% | 1.54% | 5.86% |
Documents
Announcements
- Compliances-Reg.24(A)-Annual Secretarial Compliance 30 May
- For The Quarter And Year Ended 31.03.2023 30 May
- Board Meeting Outcome for Outcome 29.05.2023 29 May
- Board Meeting Intimation for Notice Of The Board Meeting Of The Company Pursuant To Regulation 29 Of SEBI (Listing Obligation And Disclosure Requirements) Regulation, 2015 22 May
- CERTIFICATE UNDER REGULATION 7(3) FOR THE YEAR ENDED 31.03.2023 30 Apr
Annual reports
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Business Overview:[1][2]
Company operates in the field of transportation of cargo and lighter age operation in inland water-limits of Indian ports. Company owns 17 vessels which operate with various private and Government bodies. Size of these vessels range between DWT 500 tons to DWT 3500 tons. Company has expertise in designing low-draft vessels suitable for operations on Indian coasts. Presently, company provides shipping transportation through barges. Fleet comprises mini bulk carriers, general cargo carriers, tugs, and launches, chemical carriers, water supply barges, etc.