Shahi Shipping Ltd
Incorporated in 1985, Shahi Shipping Ltd is involved in trans-shipment business through transportation of bulk cargo and containers.
- Market Cap ₹ 22.5 Cr.
- Current Price ₹ 15.5
- High / Low ₹ 27.2 / 14.1
- Stock P/E 8.29
- Book Value ₹ 29.8
- Dividend Yield 0.00 %
- ROCE 12.0 %
- ROE 6.37 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.52 times its book value
- Company has been maintaining a healthy dividend payout of 35.1%
Cons
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -23.1%
* 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.
Peer comparison
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2006 | Mar 2007 | Mar 2008 | |
|---|---|---|---|
| 35.22 | 40.06 | 44.95 | |
| 21.61 | 23.59 | 26.23 | |
| Operating Profit | 13.61 | 16.47 | 18.72 |
| OPM % | 38.64% | 41.11% | 41.65% |
| 0.05 | 0.40 | 0.60 | |
| Interest | 3.48 | 4.88 | 6.75 |
| Depreciation | 5.02 | 6.15 | 8.06 |
| Profit before tax | 5.16 | 5.84 | 4.51 |
| Tax % | 37.60% | 33.22% | 42.57% |
| 3.28 | 3.95 | 2.60 | |
| EPS in Rs | 2.26 | 2.73 | 1.79 |
| Dividend Payout % | 22.09% | 27.51% | 55.73% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 12% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -31% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | % |
| 3 Years: | 62% |
| 1 Year: | -40% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 6% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2006 | Mar 2007 | Mar 2008 | |
|---|---|---|---|
| Equity Capital | 14.49 | 14.49 | 14.49 |
| Reserves | 23.87 | 27.30 | 28.75 |
| 36.69 | 53.51 | 52.90 | |
| 9.69 | 10.32 | 13.13 | |
| Total Liabilities | 84.74 | 105.62 | 109.27 |
| 51.89 | 74.77 | 73.85 | |
| CWIP | 5.78 | 3.77 | 4.34 |
| Investments | 0.01 | 0.01 | 0.01 |
| 27.06 | 27.07 | 31.07 | |
| Total Assets | 84.74 | 105.62 | 109.27 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2006 | Mar 2007 | Mar 2008 | |
|---|---|---|---|
| 6.89 | 10.29 | 9.25 | |
| -14.73 | -26.96 | -7.83 | |
| 3.34 | 15.99 | -1.88 | |
| Net Cash Flow | -4.50 | -0.68 | -0.46 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2006 | Mar 2007 | Mar 2008 | |
|---|---|---|---|
| Debtor Days | 149.03 | 122.55 | 132.85 |
| Inventory Days | |||
| Days Payable | |||
| Cash Conversion Cycle | 149.03 | 122.55 | 132.85 |
| Working Capital Days | 161.36 | 141.77 | 139.83 |
| ROCE % | 12.60% | 11.97% |
Documents
Announcements
-
Reg. 34 (1) Annual Report.
4 Sep - 35th AGM on 26 Sep 2025; e-voting 23–25 Sep; RPT approval up to INR 6 Crore.
-
Annual General Meeting Of The Company To Be Held On 26Th September, 2025
4 Sep - 35th AGM on 26 Sep 2025; remote e-voting 23–25 Sep; approve related-party transactions up to INR 6 Crore.
-
Fixation Of Cut Off Date, Book Closure Date And Remote E-Voting Start And End Date For AGM Purpose
4 Sep - 35th AGM on 26 Sep 2025; book closure 20–26 Sep; cut-off 19 Sep; e-voting 23–25 Sep.
-
Board Meeting Outcome for Outcome Of Board Meeting Held On 03Rd September, 2025
3 Sep - Board (03 Sep 2025) approved director’s report, AGM notice; appointed CFO Uma Shankar Thakur; reappointed independent director.
-
Announcement under Regulation 30 (LODR)-Change in Management
3 Sep - 03 Sep 2025: HRU & Associates secretarial auditor (5 years); Sanjeev Singh reappointed (5 years); Uma Thakur appointed CFO.
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
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.