Shahi Shipping

BSE: SHAHISHIP · Shipping

52W Range₹10 ₹26

Limited coverage

We are not actively covering this company or have limited coverage today. Click to request coverage.

Snapshot

Unlock Shahi Shipping's vital signs

Growth · Profitability · Valuation · Strength · Conviction

Company Overview

Business

Shahi Shipping Limited is an Indian maritime logistics firm specialising in the transportation of bulk liquids, chemicals, and petroleum products. The company provides transshipment, lighterage, and ship management services, primarily utilising a fleet of tankers, barges, and tugs to navigate coastal and inland waters.

Business Model

The company generates revenue by providing specialised logistical solutions for liquid bulk commodities, serving major oil companies and industrial manufacturers. Its business model relies on leveraging a niche fleet capable of navigating shallow coastal waters to facilitate cargo movement between mother vessels and terminals.

Management Commentary

Management focuses on maintaining a niche presence in the Indian coastal shipping industry by providing cost-effective and efficient logistical support to the energy and industrial supply chains.

Growth Outlook

Growth is driven by the company's strategic positioning within India's coastal shipping corridors and its ability to provide essential transportation services for liquid bulk commodities. Continued demand for efficient inland and coastal logistics remains a primary driver for the firm's operations.

Key Risks

  • Regulatory and Environmental Compliance. The company faces stringent maritime safety and environmental regulations that could increase operational costs or lead to legal liabilities.
  • Operational Concentration. Heavy reliance on the Indian western coast and specific liquid bulk commodity sectors exposes the company to regional economic fluctuations and sector-specific downturns.
  • Fleet Maintenance and Ageing Assets. As a small-cap entity, the company may face significant capital expenditure requirements to maintain or upgrade its specialised fleet of tankers and barges.
  • Market Competition. The maritime logistics sector is highly competitive, with potential pressure on margins from larger shipping players or shifts in industrial supply chain logistics.

Start your research today

Unlock AI insights, financials, peers and live data on Shahi Shipping and 5,000+ companies — free.

Start your research

Key Metrics

REVENUE

₹6 Cr

TTM · standalone

-38.9%YoY

NET PROFIT

₹2 Cr

TTM · standalone

+52.9%YoY

EPS

₹1.27

TTM · standalone

-22.6%YoY

RETURN ON EQUITY

98.6%

TTM · standalone

+74.7 ppYoY

RETURN ON CAPITAL EMPLOYED

35.8%

TTM · standalone

+14.0 ppYoY

P/E

9.7x

Q4 FY26 · standalone

9.7 vs 14.7x5Y avg

EV/EBITDA

8.9x

Q4 FY26 · standalone

8.9 vs 30.0x5Y avg

EBITDA MARGIN

46.7%

TTM · standalone

+45.4 ppYoY

NET PROFIT MARGIN

43.4%

Q4 FY26 · standalone

-34.1 ppYoY

DEBT TO EQUITY

18.3x

Q4 FY26 · standalone

+15.59xYoY

Peers · Shipping

CompanyMkt CapP/EEV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
Shahi ShippingSHAHISHIP
₹16 Cr8.818.28-38.9%46.7%98.6%35.8%-27.5%
The Great Eastern Shipping Company LimitedGESHIP
₹19,125 Cr5.103.2423.9%78.7%24.0%23.1%+44.5%
Shipping Corporation of India Ltd.SCI
₹13,930 Cr8.615.4516.7%47.4%18.6%17.8%+41.4%
Shreeji Shipping Global Ltd.SHREEJISPG
₹10,630 Cr65.4543.2733.2%20.8%25.1%+158.1%
Seamec LimitedSEAMECLTD
₹4,263 Cr16.609.5160.3%45.7%22.4%22.2%+69.7%
Essar ShippingESSARSHPNG
₹347 Cr-0.9287.52-99.0%-48.5%-8.0%-32.8%-28.2%

As of Q4 FY26

Financials