Sadhav Shipping Ltd
₹ 112
-2.06%
12 Sep
- close price
About
Incorporated in 1996, Sadhav Shipping
Ltd is in the business of owning & operating barges, tugs & vessels in addition to undertaking ship management for other owners.[1]
Key Points
- Market Cap ₹ 161 Cr.
- Current Price ₹ 112
- High / Low ₹ 203 / 77.0
- Stock P/E 13.7
- Book Value ₹ 69.3
- Dividend Yield 0.00 %
- ROCE 13.1 %
- ROE 12.5 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
* 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
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Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|
61 | 70 | 78 | 84 | 97 | |
48 | 57 | 60 | 63 | 66 | |
Operating Profit | 12 | 12 | 17 | 22 | 31 |
OPM % | 20% | 18% | 22% | 26% | 32% |
1 | 0 | 1 | 0 | 1 | |
Interest | 2 | 2 | 4 | 5 | 6 |
Depreciation | 6 | 6 | 4 | 4 | 7 |
Profit before tax | 5 | 4 | 10 | 12 | 17 |
Tax % | 28% | 29% | 22% | 25% | 32% |
3 | 3 | 8 | 9 | 12 | |
EPS in Rs | 6.38 | 8.19 | |||
Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 12% |
TTM: | 15% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 57% |
TTM: | 26% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -38% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 14% |
Last Year: | 13% |
Balance Sheet
Figures in Rs. Crores
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|
Equity Capital | 3 | 3 | 3 | 14 | 14 |
Reserves | 29 | 32 | 38 | 74 | 85 |
18 | 21 | 55 | 67 | 110 | |
11 | 13 | 20 | 25 | 42 | |
Total Liabilities | 61 | 69 | 116 | 180 | 252 |
40 | 45 | 69 | 73 | 202 | |
CWIP | 0 | 1 | 23 | 51 | 3 |
Investments | 0 | 0 | 0 | 0 | 0 |
21 | 23 | 24 | 55 | 46 | |
Total Assets | 61 | 69 | 116 | 180 | 252 |
Cash Flows
Figures in Rs. Crores
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|
12 | 11 | 21 | -6 | 55 | |
-0 | -12 | -50 | -37 | -88 | |
-12 | 1 | 31 | 46 | 36 | |
Net Cash Flow | 0 | 1 | 2 | 2 | 3 |
Ratios
Figures in Rs. Crores
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|
Debtor Days | 63 | 47 | 41 | 48 | 51 |
Inventory Days | 0 | ||||
Days Payable | |||||
Cash Conversion Cycle | 63 | 47 | 41 | 48 | 51 |
Working Capital Days | 0 | -5 | -81 | 44 | -6 |
ROCE % | 12% | 18% | 14% | 13% |
Documents
Announcements
-
Copy of Newspaper Publication
10 September 2025 - Dispatched Notice and Annual Report for FY2024-25; 28th AGM on 30 Sep 2025, e‑voting details published.
-
Copy of Newspaper Publication
9 September 2025 - Published newspaper notice (Business Standard, Prathakal) on 09/09/2025 for shareholders to update KYC/contact details.
-
Change in Management
8 September 2025 - Board approved USD 4,500,000 sale of vessel Aditri; ~Rs38 Cr preferential equity; AGM Sept 30, 2025.
-
Shareholders meeting
8 September 2025 - AGM on 30 Sep 2025 via VC; adopt FY2024-25 accounts; reappoint CMD; appoint two independent directors; secretarial auditor Rs.2,00,000.
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Record Date
8 September 2025 - Board approved USD4.5M vessel sale, ~Rs38Cr preferential equity; AGM Sept 30, 2025; CMD re-appointment.
Business Overview:[1][2]
a) SSL owns and operates tanker barges, tugs, and vessels
b) It undertakes ship management, repair, and maintenance contracts.
c) It is engaged in coastal logistics, offshore logistics, port security and ship management.
d) The company was the first to setup and operate India’s first Port based Tier 1 Oil Spill Response Facility Centre in Mumbai and are now operating in most Major Ports in India.
e) Company has a sailing team
of 200+ officers and crew