PDP Shipping & Projects Ltd
Incorporated in 2009, PDP Shipping & Projects Ltd is engaged in global logistics and supply chain business.[1]
- Market Cap ₹ 19.3 Cr.
- Current Price ₹ 65.0
- High / Low ₹ 108 / 56.1
- Stock P/E 6.93
- Book Value ₹ 66.8
- Dividend Yield 0.00 %
- ROCE 21.5 %
- ROE 17.0 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.97 times its book value
- Company has a good return on equity (ROE) track record: 3 Years ROE 30.8%
- Promoter holding has increased by 1.11% over last quarter.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 44.9 to 74.3 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.
Peer comparison
Services Services Transport Services Logistics Solution Provider
Part of BSE SME IPO
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 7.55 | 28.72 | 22.48 | 20.52 | 21.82 | 24.80 | |
| 7.54 | 26.08 | 20.29 | 17.32 | 18.51 | 21.00 | |
| Operating Profit | 0.01 | 2.64 | 2.19 | 3.20 | 3.31 | 3.80 |
| OPM % | 0.13% | 9.19% | 9.74% | 15.59% | 15.17% | 15.32% |
| 0.03 | 0.01 | 0.12 | 0.06 | 0.07 | 0.42 | |
| Interest | 0.00 | 0.00 | 0.02 | 0.07 | 0.36 | 0.28 |
| Depreciation | 0.02 | 0.01 | 0.02 | 0.09 | 0.35 | 0.45 |
| Profit before tax | 0.02 | 2.64 | 2.27 | 3.10 | 2.67 | 3.49 |
| Tax % | 0.00% | 27.65% | 25.55% | 25.48% | 20.97% | |
| 0.03 | 1.91 | 1.68 | 2.31 | 2.11 | 2.79 | |
| EPS in Rs | 4.27 | 271.69 | 238.98 | 11.34 | 7.09 | 9.38 |
| Dividend Payout % | 0.00% | 12.64% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -9% |
| TTM: | 12% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 3% |
| TTM: | 113% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 31% |
| Last Year: | 17% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.07 | 0.07 | 0.07 | 2.04 | 2.97 | 2.97 |
| Reserves | 0.11 | 1.78 | 3.46 | 3.81 | 15.97 | 16.89 |
| 0.01 | 0.04 | 0.30 | 0.50 | 2.91 | 0.95 | |
| 1.05 | 2.33 | 2.40 | 1.91 | 2.63 | 1.42 | |
| Total Liabilities | 1.24 | 4.22 | 6.23 | 8.26 | 24.48 | 22.23 |
| 0.04 | 0.03 | 0.25 | 0.20 | 7.26 | 7.40 | |
| CWIP | 0.00 | 0.32 | 1.93 | 3.67 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 1.20 | 3.87 | 4.05 | 4.39 | 17.22 | 14.83 | |
| Total Assets | 1.24 | 4.22 | 6.23 | 8.26 | 24.48 | 22.23 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| -0.11 | 2.40 | 1.49 | 2.07 | 0.23 | |
| 0.00 | -0.33 | -1.85 | -1.76 | -10.69 | |
| 0.00 | -0.38 | -0.62 | 0.15 | 13.84 | |
| Net Cash Flow | -0.11 | 1.70 | -0.97 | 0.46 | 3.38 |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 47.86 | 21.48 | 30.52 | 29.88 | 74.27 |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 47.86 | 21.48 | 30.52 | 29.88 | 74.27 |
| Working Capital Days | -0.97 | -6.10 | -4.22 | 0.18 | 39.14 |
| ROCE % | 253.85% | 79.72% | 62.28% | 21.49% |
Documents
Announcements
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Submission Of Statement Of Deviation And Variation For Half Year Ended On September 30, 2025
14 Nov - No deviation in utilisation of Rs1264.95 lakh IPO proceeds for half-year ended 30 Sep 2025.
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Board Meeting Outcome for Outcome Of The Board Meeting Held On November 14, 2025.
14 Nov - Board approved H1 (ended 30 Sep 2025) unaudited results: PAT Rs 91.50 lakh, revenue Rs 1,308.60 lakh, meeting 14 Nov 2025.
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Board Meeting Intimation for Consideration And Approval Of The Standalone Unaudited Financial Results Of The Company For The Half Year Ended September 30, 2025
3 Nov - Board meeting moved from Nov 3 to Nov 14, 2025 to consider H1 results (Sep 30, 2025).
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Board Meeting Intimation for Consideration And Approval Of The Standalone Unaudited Financial Results Of The Company For The Half Year Ended September 30, 2025
27 Oct - Board meeting on 3 Nov 2025 to approve unaudited results for half-year ended 30 Sep 2025.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Oct - KFIN certifies dematerialisation/rematerialisation details furnished to exchanges for quarter ended 30 Sep 2025.
Business Overview:[1]
PDPSPL is in the business as an International Freight Forwarding, Transportation, and Logistics solutions provider, focusing on end-to-end supply chain management for its clients. The company’s operations encompasses sea freight, air freight, project cargo, customs clearance, warehousing, and multimodal transportation services, thereby ensuring logistics support to both domestic and global customers.