Sadhav Shipping Ltd
₹ 99.0
-2.41%
03 Dec
- 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 ₹ 142 Cr.
- Current Price ₹ 99.0
- High / Low ₹ 164 / 77.0
- Stock P/E 12.5
- Book Value ₹ 72.2
- Dividend Yield 0.00 %
- ROCE 13.4 %
- ROE 12.6 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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 | TTM | |
|---|---|---|---|---|---|---|
| 61 | 70 | 78 | 84 | 97 | 94 | |
| 48 | 57 | 60 | 63 | 65 | 63 | |
| Operating Profit | 12 | 12 | 17 | 22 | 31 | 31 |
| OPM % | 20% | 18% | 22% | 26% | 32% | 33% |
| 1 | 0 | 1 | 0 | 0 | 1 | |
| Interest | 2 | 2 | 4 | 5 | 7 | 7 |
| Depreciation | 6 | 6 | 4 | 4 | 7 | 8 |
| Profit before tax | 5 | 4 | 10 | 12 | 17 | 16 |
| Tax % | 28% | 29% | 22% | 25% | 32% | |
| 3 | 3 | 8 | 9 | 12 | 11 | |
| EPS in Rs | 6.38 | 8.19 | 7.93 | |||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 12% |
| TTM: | 7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 58% |
| TTM: | 18% |
| 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 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 14 | 14 | 14 |
| Reserves | 29 | 32 | 38 | 74 | 85 | 89 |
| 18 | 21 | 55 | 67 | 110 | 97 | |
| 11 | 13 | 20 | 25 | 42 | 78 | |
| Total Liabilities | 61 | 69 | 116 | 180 | 252 | 279 |
| 40 | 45 | 69 | 73 | 202 | 217 | |
| CWIP | 0 | 1 | 23 | 51 | 3 | 8 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 21 | 23 | 24 | 55 | 46 | 54 | |
| Total Assets | 61 | 69 | 116 | 180 | 252 | 279 |
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 | |||||
| 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
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Analysts/Institutional Investor Meet/Con. Call Updates
29 November 2025 - Analyst/institutional investor meeting with PinpointX Capital on 29 Nov 2025; no unpublished price sensitive information disclosed.
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Agreements
28 November 2025 - Approved unsecured working-capital loans totalling Rs.2,02,50,000 (sanctions 24–27 Nov 2025) from three lenders, 36-month tenors.
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Analysts/Institutional Investor Meet/Con. Call Updates
26 November 2025 - Analyst/institutional investor meet with PinPointX Capital on 29 Nov 2025 at 12:30 PM.
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Copy of Newspaper Publication
13 November 2025 - Board approved standalone H1 results (to Sept 30, 2025): Revenue Rs3,498.07 lakh, PAT Rs417.23 lakh; published Nov 13, 2025.
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Outcome of Board Meeting
11 November 2025 - Audited H1 FY26 standalone results: revenue Rs3,498.97L, net profit Rs417.23L; MoU sale Aditri Rs40.26Cr (Rs4Cr outstanding).
Annual reports
Concalls
-
Sep 2025TranscriptAI SummaryPPT
Business Overview:
Sadhav Shipping is an Indian maritime services company operating a fleet of 20+ vessels, including tanker barges, tugs, and offshore support vessels. It provides a range of services such as offshore logistics for oil and gas exploration and production, coastal logistics, port services