Shahi Shipping Ltd
Incorporated in 1985, Shahi Shipping Ltd is involved in trans-shipment business through transportation of bulk cargo and containers.
- Market Cap ₹ 35.0 Cr.
- Current Price ₹ 24.2
- High / Low ₹ 29.0 / 5.25
- Stock P/E 12.9
- Book Value ₹ 29.8
- Dividend Yield 0.00 %
- ROCE 12.0 %
- ROE 6.37 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.81 times its book value
- Company has been maintaining a healthy dividend payout of 35.1%
Cons
- Company has low interest coverage ratio.
* 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
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: | 9% |
| 5 Years: | 37% |
| 3 Years: | 68% |
| 1 Year: | 360% |
| 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
- Disclosure Of Voting Results Of AGM Under Regulation 44(3) Of SEBI (LODR) Regulations, 2015 28 Sep
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 28 Sep
- Shareholder Meeting / Postal Ballot-Outcome of AGM 28 Sep
-
Closure of Trading Window
27 Sep - Closure of trading window until financial results are declared.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 6 Sep
Annual reports
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Financial Year 2024
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Financial Year 2023
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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.