Sadhav Shipping Ltd
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]
- Market Cap ₹ 184 Cr.
- Current Price ₹ 114
- High / Low ₹ 129 / 86.3
- Stock P/E 10.3
- Book Value ₹ 75.6
- Dividend Yield 0.00 %
- ROCE 9.23 %
- ROE 14.7 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Company might be capitalizing the interest cost
- Debtor days have increased from 68.1 to 84.7 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|
| 97 | 98 | 123 | |
| Sales growth | +1% | ||
| 65 | 72 | 95 | |
| Operating Profit | 31 | 25 | 28 |
| OPM % | 32% | 26% | 23% |
| 0 | 1 | 1 | |
| Interest | 7 | 7 | 7 |
| Depreciation | 7 | 8 | 9 |
| Profit before tax | 17 | 11 | 14 |
| Tax % | 32% | -38% | |
| 12 | 15 | 18 | |
| EPS in Rs | 8.19 | 10.26 | 12.39 |
| Dividend Payout % | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 24% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 14% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 15% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|
| Equity Capital | 14 | 16 | 16 |
| Reserves | 85 | 85 | 92 |
| 110 | 81 | 81 | |
| 42 | 29 | 42 | |
| Total Liabilities | 252 | 212 | 232 |
| 202 | 145 | 147 | |
| CWIP | 3 | 7 | 8 |
| Investments | 0 | 0 | 0 |
| 46 | 60 | 77 | |
| Total Assets | 252 | 212 | 232 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| 55 | 13 | |
| -88 | 11 | |
| 36 | -14 | |
| Net Cash Flow | 3 | 10 |
| Free Cash Flow | -34 | 24 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 175% | 51% |
Ratios
Consolidated / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Debtor Days | 51 | 85 |
| Inventory Days | ||
| Days Payable | ||
| Cash Conversion Cycle | 51 | 85 |
| Working Capital Days | -6 | 43 |
| ROCE % | 9% |
Insights
In beta| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Owned Vessels vessels ・Standalone data |
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| Total Fleet Size vessels ・Standalone data |
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| Order Book INR Crore ・Standalone data |
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| ONGC Revenue Concentration % of revenue ・Standalone data |
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| Oil Spill Response Segment Revenue Share % of revenue from operations ・Standalone data |
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| OSV Segment Revenue Share % of revenue from operations ・Standalone data |
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| Port Services Segment Revenue Share % of revenue from operations ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Analysts/Institutional Investor Meet/Con. Call Updates
- Transcript of Q2/H1 FY27 earnings call; revenue rose, key contracts, fleet expansion, and JNPT blacklist withdrawal discussed.
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Copy of Newspaper Publication
- Board approved audited standalone and consolidated results for half year ended 30 September 2026.
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Analysts/Institutional Investor Meet/Con. Call Updates
- Audio recording of H1 FY2026-27 earnings call held on 5 November 2026 uploaded on company website.
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Investor Presentation
- Investor presentation for Q2 and H1 FY27 results; revenue rose 73% YoY to ₹60.43 crore in H1.
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Press Release
- Q2 FY27: Sadhav Shipping reported ₹60.4 crore H1 revenue, won Lamprell charter, and got debarment withdrawal.
Annual reports
-
Annual Report 2026
from nse
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Annual Report 2025
from nse
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Annual Report 2024
from nse
Concalls
-
Nov 2026Transcript PPT REC
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Aug 2026Transcript
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Aug 2026Transcript PPT REC
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May 2026Transcript PPT REC
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Feb 2026PPT
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Sep 2025PPT
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