IPO Plus

BSE · 526508

Shahi Shipping Limited

GSM · GSM 0
₹10.39
₹15 Cr market cap
P/E
—
EPS
₹0
Book value
₹0.33
ROE
-382.11%
ROCE
-15.98%
Debt / equity
1.26

Revenue & net profit by period

Bars = revenue (₹ Cr) · line = net profit (₹ Cr). Straight from disclosed results.

03.476.9510.4213.89Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Revenue (₹ Cr) Net profit (₹ Cr)

Latest period: revenue ₹7 Cr with net profit ₹-2 Cr — a -27.99% net margin, versus -33.37% the period before.

Shareholding

As of 2026-09-30

72.64%
promoter holding
  • Promoter72.64%
  • Public27.35%
  • DII0%

7,683 shareholders on record

Promoter holding trend

Each disclosed period, oldest to newest

73.11%72.64%Dec 24Sep 26

52-week position

Where the current price sits in its yearly band

₹9₹10.39₹25.94

The band spans 2.88× from low to high.

Risk flags

Derived from disclosed data

  • Under exchange surveillance — GSM · GSM 0. Trading may carry price bands, periodic call auction or higher margins.

Peer comparison

Shipping · ranked #10 of 12 by market cap · medians across 9 industry peers

P/E
—vs 8.31 peer med
P/B
31.94vs 0.98 peer med
ROE %
-382.11vs 16.21 peer med
Margin %
-40.62vs 21.11 peer med
CompanyMkt capP/EP/BROEMargin
Great Eastern Shipping Company Ltd.₹21,672 Cr4.891.1423.42%65.26%
Shreeji Shipping Global Limited₹14,839 Cr92.8419.2719.86%21.11%
Shipping Corporation of India Ltd.₹12,604 Cr6.281.2219.47%27.63%
Transworld Shipping Lines Ltd.₹499 Cr10.880.666.06%6.05%
Essar Shipping Ltd.₹337 Cr-4.3404.21%48181.25%
Sadhav Shipping Limited₹184 Cr10.341.6916.38%14.45%
Garware Offshore Services Ltd.₹116 Cr-16.520.98-11.92%-29.94%
Chowgule Steamships Ltd.₹72 Cr197.10-82.73%147.46%
Datiware Maritime Infra Limited₹16 Cr—016.21%-68.09%
Shahi Shipping Limited(this company)₹15 Cr—31.94-382.11%-40.62%

AI analysis

AI-generated · google/gemini-2.5-flash

Shahi Shipping Limited is listed with a market capitalization of Rs 17 Cr. The company's book value per share is Rs 0.32 and it has a debt-to-equity ratio of 1.26. It reported an EPS of Rs 0 and a negative return on equity (ROE) of -382.11%. The return on capital employed (ROCE) was -15.98%.

Positives

  • +Promoter holding is 49.999% as of June 30, 2026.
  • +Promoter pledging is 0%, indicating no shares are pledged.

Negatives

  • −The company reported a negative profit margin of -28.17%.
  • −Return on Equity (ROE) is significantly negative at -382.11%.
  • −Return on Capital Employed (ROCE) is negative at -15.98%.
  • −The debt-to-equity ratio is 1.26, indicating high leverage.
  • −The company has been placed under 'GSM' surveillance, suggesting regulatory concerns.

Financial Performance

Shahi Shipping Limited's annual revenue was Rs 10.68 Cr in Mar 2025, which is a decrease from Rs 13.89 Cr in Mar 2024. The company reported a net loss of Rs 3.56 Cr in Mar 2025, compared to a net profit of Rs 2.58 Cr in Mar 2024. Quarterly revenue has shown a declining trend, from Rs 2.48 Cr in Dec 2024 to Rs 1.59 Cr in Mar 2026.

Profitability & Returns

The company recorded a negative profit margin of -28.17%. Its Return on Equity (ROE) stood at -382.11%, while Return on Capital Employed (ROCE) was -15.98%. The annual EPS was -2.46 in Mar 2025, following a positive EPS of 1.78 in Mar 2024.

Balance Sheet

Shahi Shipping Limited has a book value per share of Rs 0.32. The debt-to-equity ratio is 1.26, indicating a relatively high level of debt compared to equity. The company does not currently pay a dividend, with a dividend yield of 0%.

Ownership & Pledges

As of June 30, 2026, promoters held 49.999% of the company's shares, with public shareholding at 49.9996%. Domestic Institutional Investors (DII) held 0.0014% of the shares. There were no pledged shares by the promoters.

Regulatory & Surveillance

The company is currently under surveillance with a 'GSM 0' label, specifically falling under 'GSM' measures. This indicates increased scrutiny by regulators regarding the company's financials or market activity.

Data as of — price: 2026-11-14 · financials: Mar 26 · shareholding: Sep 26. Figures are restated only when the company files again, so a period shown here is the most recent one on record — not necessarily the current quarter.

How this is produced: every figure above is computed from exchange filings and financial data mirrored by IPO Plus — no figure is generated or estimated. This is a factual summary for information and education only. It is not investment advice, not a recommendation to buy, sell or hold any security, and contains no price targets. Verify against the company's filings and the exchanges before any decision.

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