Sadhav Shipping Ltd

Sadhav Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Sadhav Shipping Ltd

₹ 134 -7.42%
21 Nov 3:53 p.m.
Company website NSE - SME: SADHAV
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

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

Website NSE - SM
  • Market Cap ₹ 192 Cr.
  • Current Price ₹ 134
  • High / Low ₹ 274 / 131
  • Stock P/E 19.9
  • Book Value ₹ 64.5
  • Dividend Yield 0.00 %
  • ROCE 14.2 %
  • ROE 14.4 %
  • Face Value ₹ 10.0
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Pros

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company might be capitalizing the interest cost
  • Working capital days have increased from 52.2 days to 81.1 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.

Peer comparison

Sector: Shipping Industry: Shipping

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Half Yearly Results

Figures in Rs. Crores

Mar 2023 Sep 2023 Mar 2024 Sep 2024
77.81 33.69 50.56 37.58
61.11 24.09 39.74 25.94
Operating Profit 16.70 9.60 10.82 11.64
OPM % 21.46% 28.50% 21.40% 30.97%
1.10 0.17 0.29 0.26
Interest 3.54 2.18 2.15 1.81
Depreciation 4.37 2.15 2.23 3.41
Profit before tax 9.89 5.44 6.73 6.68
Tax % 21.64% 25.18% 24.52% 31.89%
7.75 4.07 5.08 4.55
EPS in Rs 3.54 3.17
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
60.57 69.55 77.81 84.25 88.14
48.21 57.33 60.49 62.55 65.68
Operating Profit 12.36 12.22 17.32 21.70 22.46
OPM % 20.41% 17.57% 22.26% 25.76% 25.48%
0.67 0.23 1.10 0.27 0.55
Interest 2.16 2.29 4.16 5.42 3.96
Depreciation 6.29 5.93 4.37 4.38 5.64
Profit before tax 4.58 4.23 9.89 12.17 13.41
Tax % 27.73% 28.84% 21.64% 24.82%
3.31 3.01 7.75 9.15 9.63
EPS in Rs 6.38 6.71
Dividend Payout % 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 12%
TTM: -21%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 41%
TTM: -19%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 14%
Last Year: 14%

Balance Sheet

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 2.95 2.95 2.95 14.35 14.35
Reserves 29.10 32.08 37.99 73.66 78.21
17.76 20.83 55.28 67.03 105.77
11.37 13.24 20.07 24.60 30.57
Total Liabilities 61.18 69.10 116.29 179.64 228.90
40.26 45.27 68.90 73.40 142.63
CWIP 0.35 1.00 22.98 51.26 55.78
Investments 0.01 0.01 0.00 0.00 0.00
20.56 22.82 24.41 54.98 30.49
Total Assets 61.18 69.10 116.29 179.64 228.90

Cash Flows

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
11.89 11.49 20.99 -6.37
-0.29 -11.59 -49.98 -37.11
-11.54 0.95 30.63 45.56
Net Cash Flow 0.06 0.86 1.65 2.08

Ratios

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 63.15 46.81 41.42 48.09
Inventory Days
Days Payable
Cash Conversion Cycle 63.15 46.81 41.42 48.09
Working Capital Days 62.37 53.32 22.23 81.06
ROCE % 12.34% 17.52% 14.15%

Shareholding Pattern

Numbers in percentages

Mar 2024Sep 2024
69.44% 69.44%
0.03% 0.08%
30.54% 30.47%
No. of Shareholders 1,4281,916

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

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Annual reports

Credit ratings