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 ₹ 185 Cr.
- Current Price ₹ 114
- High / Low ₹ 129 / 86.3
- Stock P/E 12.5
- Book Value ₹ 70.6
- Dividend Yield 0.00 %
- ROCE 8.89 %
- 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
- Promoter holding has decreased over last quarter: -7.66%
- 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 | |
|---|---|---|
| 97 | 98 | |
| 66 | 73 | |
| Operating Profit | 31 | 25 |
| OPM % | 32% | 25% |
| 1 | 1 | |
| Interest | 6 | 7 |
| Depreciation | 7 | 8 |
| Profit before tax | 17 | 11 |
| Tax % | 32% | -38% |
| 12 | 15 | |
| EPS in Rs | 8.19 | 10.26 |
| 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: | 25% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -3% |
| Return on Equity | |
|---|---|
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| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 15% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Equity Capital | 14 | 16 |
| Reserves | 85 | 85 |
| 110 | 81 | |
| 42 | 29 | |
| Total Liabilities | 252 | 212 |
| 202 | 145 | |
| CWIP | 3 | 7 |
| Investments | 0 | 0 |
| 46 | 60 | |
| Total Assets | 252 | 212 |
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/OP | 179% | 52% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Debtor Days | 51 | 85 |
| Inventory Days | 0 | 0 |
| 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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| Ports Served ports ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Agreements
- JNPA terminated Sadhav Shipping’s mooring boat contract and barred it from future tenders for five years.
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Analysts/Institutional Investor Meet/Con. Call Updates
- Q1 FY27 call: revenue Rs31.2 crore, PAT Rs3.4 crore; 7-year Mumbai Port contract worth Rs18 crore.
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Analysts/Institutional Investor Meet/Con. Call Updates
- Q1 FY27 transcript: revenue 31.2 Cr, PAT 3.4 Cr; 7-year Mumbai Port contract worth 18 Cr.
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Copy of Newspaper Publication
- Notice and annual report for 29th AGM dispatched on 12 August 2026; AGM on 7 September 2026.
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Copy of Newspaper Publication
- Newspaper advertisement published for shareholders to update their details.
Concalls
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Aug 2026TranscriptPPT
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Aug 2026Transcript PPT REC
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May 2026Transcript PPT REC
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Feb 2026TranscriptAI SummaryPPT
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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