Shahi Shipping Ltd
Incorporated in 1985, Shahi Shipping Ltd is involved in trans-shipment business through transportation of bulk cargo and containers.
- Market Cap ₹ 33.3 Cr.
- Current Price ₹ 23.0
- High / Low ₹ 29.0 / 4.50
- Stock P/E 11.4
- Book Value ₹ 4.05
- Dividend Yield 0.00 %
- ROCE 23.0 %
- ROE 56.6 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Stock is trading at 5.67 times its book value
- The company has delivered a poor sales growth of 4.01% over past five years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.1.32 Cr.
* 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
21.45 | 19.40 | 18.44 | 14.60 | 19.11 | 16.62 | 10.21 | 8.14 | 9.34 | 9.40 | 10.89 | 12.43 | 12.97 | |
14.21 | 14.44 | 16.74 | 12.12 | 15.90 | 14.69 | 23.29 | 9.93 | 9.69 | 10.56 | 10.77 | 10.58 | 10.67 | |
Operating Profit | 7.24 | 4.96 | 1.70 | 2.48 | 3.21 | 1.93 | -13.08 | -1.79 | -0.35 | -1.16 | 0.12 | 1.85 | 2.30 |
OPM % | 33.75% | 25.57% | 9.22% | 16.99% | 16.80% | 11.61% | -128.11% | -21.99% | -3.75% | -12.34% | 1.10% | 14.88% | 17.73% |
-1.42 | -3.47 | 0.89 | -2.35 | 0.11 | 1.21 | 0.25 | 0.29 | 0.47 | 2.25 | 1.24 | 1.32 | 1.32 | |
Interest | 3.56 | 2.90 | 2.44 | 1.48 | 1.21 | 1.04 | 0.67 | 0.74 | 0.66 | 0.47 | 0.39 | 0.26 | 0.38 |
Depreciation | 4.38 | 3.21 | 3.90 | 2.94 | 2.10 | 1.83 | 1.31 | 0.99 | 0.86 | 0.77 | 0.61 | 0.46 | 0.44 |
Profit before tax | -2.12 | -4.62 | -3.75 | -4.29 | 0.01 | 0.27 | -14.81 | -3.23 | -1.40 | -0.15 | 0.36 | 2.45 | 2.80 |
Tax % | -25.94% | -23.81% | -8.00% | -41.26% | 5,700.00% | -303.70% | -1.15% | 2.48% | -18.57% | -46.67% | -13.89% | -5.31% | |
-1.57 | -3.51 | -3.44 | -2.52 | -0.55 | 1.10 | -14.65 | -3.31 | -1.13 | -0.08 | 0.41 | 2.59 | 2.93 | |
EPS in Rs | -1.08 | -2.42 | -2.37 | -1.74 | -0.38 | 0.76 | -10.11 | -2.28 | -0.78 | -0.06 | 0.28 | 1.79 | 2.02 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -4% |
5 Years: | 4% |
3 Years: | 10% |
TTM: | 11% |
Compounded Profit Growth | |
---|---|
10 Years: | 63% |
5 Years: | 17% |
3 Years: | 63% |
TTM: | 241% |
Stock Price CAGR | |
---|---|
10 Years: | 11% |
5 Years: | 31% |
3 Years: | 65% |
1 Year: | 387% |
Return on Equity | |
---|---|
10 Years: | -14% |
5 Years: | -12% |
3 Years: | 20% |
Last Year: | 57% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 14.49 | 14.49 | 14.49 | 14.49 | 14.49 | 14.49 | 14.49 | 14.49 | 14.49 | 14.49 | 14.49 | 14.49 |
Reserves | 16.32 | 12.81 | 9.29 | 6.77 | 6.24 | 7.34 | -7.31 | -10.62 | -11.53 | -11.62 | -11.21 | -8.62 |
27.66 | 23.56 | 20.18 | 14.32 | 13.18 | 9.87 | 9.94 | 9.15 | 9.63 | 10.46 | 8.99 | 5.39 | |
13.72 | 13.61 | 11.46 | 8.43 | 8.40 | 7.35 | 6.40 | 7.69 | 7.62 | 6.58 | 7.16 | 7.34 | |
Total Liabilities | 72.19 | 64.47 | 55.42 | 44.01 | 42.31 | 39.05 | 23.52 | 20.71 | 20.21 | 19.91 | 19.43 | 18.60 |
33.85 | 25.45 | 20.96 | 15.23 | 13.34 | 11.47 | 8.73 | 7.73 | 6.90 | 6.11 | 5.15 | 4.72 | |
CWIP | 4.02 | 4.04 | 4.08 | 2.08 | 2.10 | 2.10 | 2.10 | 2.10 | 2.10 | 2.10 | 2.10 | 2.10 |
Investments | 0.08 | 0.08 | 0.07 | 0.07 | 0.11 | 0.11 | 0.04 | 0.03 | 0.03 | 0.04 | 0.04 | 0.51 |
34.24 | 34.90 | 30.31 | 26.63 | 26.76 | 25.37 | 12.65 | 10.85 | 11.18 | 11.66 | 12.14 | 11.27 | |
Total Assets | 72.19 | 64.47 | 55.42 | 44.01 | 42.31 | 39.05 | 23.52 | 20.71 | 20.21 | 19.91 | 19.43 | 18.60 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2.22 | 2.09 | 4.08 | 1.25 | 5.38 | 4.42 | -0.80 | 1.16 | 0.96 | -0.71 | 1.17 | 3.97 | |
1.40 | 1.68 | -0.44 | 4.30 | -0.12 | -0.02 | 0.81 | 0.19 | 0.00 | 0.15 | 0.79 | 0.06 | |
-3.59 | -4.10 | -3.38 | -5.86 | -4.73 | -4.38 | -0.61 | -1.52 | -0.79 | 0.60 | -1.87 | -4.03 | |
Net Cash Flow | 0.03 | -0.33 | 0.25 | -0.31 | 0.53 | 0.02 | -0.60 | -0.18 | 0.17 | 0.04 | 0.10 | 0.00 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 424.22 | 476.57 | 399.24 | 435.25 | 324.51 | 339.74 | 118.33 | 86.54 | 45.33 | 51.26 | 74.74 | 51.98 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 424.22 | 476.57 | 399.24 | 435.25 | 324.51 | 339.74 | 118.33 | 86.54 | 45.33 | 51.26 | 74.74 | 51.98 |
Working Capital Days | 242.82 | 319.47 | 241.49 | 418.25 | 212.20 | 221.37 | -51.84 | -184.74 | -166.87 | -126.20 | -93.18 | -78.11 |
ROCE % | 4.72% | 3.24% | -0.89% | -0.63% | 3.48% | 4.36% | -55.06% | -16.72% | -5.78% | 1.54% | 0.23% | 23.03% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
16 Aug - Details of newspaper publication of the financial results for quarter ended 30th June, 2024.
- Announcement Under Regulation 30 Of SEBI (LODR) Regulations 2015, Appointment Of Secretarial Auditor 13 Aug
- Results- Financial Results For The Quarter Ended 30Th June 2024 13 Aug
- Board Meeting Outcome for Outcome Of Board Meeting Held On Tuesday, 13Th August 2024 13 Aug
- Board Meeting Outcome for Appointment Of M/S HRU & Associates, Practicing Company Secretaries As Secretarial Auditor Of The Company For The Financial Year 2023-24. 6 Aug
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Business Overview:[1][2]
Company operates in the field of transportation of cargo and lighter age operation in inland water-limits of Indian ports. Company owns 17 vessels which operate with various private and Government bodies. Size of these vessels range between DWT 500 tons to DWT 3500 tons. Company has expertise in designing low-draft vessels suitable for operations on Indian coasts. Presently, company provides shipping transportation through barges. Fleet comprises mini bulk carriers, general cargo carriers, tugs, and launches, chemical carriers, water supply barges, etc.