Sadhav Shipping Ltd
₹ 114
-0.52%
01 Aug
- 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 ₹ 164 Cr.
- Current Price ₹ 114
- High / Low ₹ 220 / 77.0
- Stock P/E 13.9
- 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
Loading peers table ...
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: | -47% |
| 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
-
Resignation of Independent director
2 August 2025 - SADHAV SHIPPING LIMITED has informed about Resignation of Independent director.
-
Resignation
2 August 2025 - Independent Director Rajesh Kakkar resigns effective 21 Aug 2025 due to professional commitments.
-
Agreements
29 July 2025 - Sadhav Shipping approved multiple bank loans totaling Rs. 439 lakhs for working capital with revised ICICI loan.
-
Reply to Clarification- Financial results
16 July 2025 - Sadhav Shipping announces audited FY25 financial results with unmodified audit opinion and NSE clarifications.
-
Structural Digital Database
10 July 2025 - Compliance certificate for SEBI insider trading database for quarter ended June 30, 2025.
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