New Risk • Jun 07
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.7% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. High level of non-cash earnings (26% accrual ratio). Market cap is less than US$10m (₹175.5m market cap, or US$1.84m). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (4.5% net profit margin). Revenue is less than US$5m (₹279m revenue, or US$2.9m). Reported Earnings • May 31
Full year 2026 earnings released: EPS: ₹4.22 (vs ₹10.18 in FY 2025) Full year 2026 results: EPS: ₹4.22 (down from ₹10.18 in FY 2025). Revenue: ₹284.7m (up 31% from FY 2025). Net income: ₹12.6m (down 40% from FY 2025). Profit margin: 4.4% (down from 9.7% in FY 2025). The decrease in margin was driven by higher expenses. お知らせ • May 30
Pdp Shipping & Projects Limited Recommends A Final Dividend for the Financial Year 2025-26 PDP Shipping & Projects Limited, at its board meeting held on May 29, 2026, recommended a final dividend of INR 1.00 per equity share (face value INR 10 each) for the financial year 2025-26, subject To Approve the shareholders at the ensuing Annual General Meeting. If approved, the final dividend for 2025-26 will be paid within 30 days from the date of its declaration at the AGM. The record date for payment of the final dividend will be fixed and intimated in due course. お知らせ • May 22
PDP Shipping & Projects Limited to Report Second Half, 2026 Results on May 29, 2026 PDP Shipping & Projects Limited announced that they will report second half, 2026 results on May 29, 2026 Valuation Update With 7 Day Price Move • Feb 25
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹60.00, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 16x in the Shipping industry in India. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹47.09, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 15x in the Shipping industry in India. Valuation Update With 7 Day Price Move • Nov 24
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹67.16, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 13x in the Shipping industry in India. Reported Earnings • Nov 19
First half 2026 earnings released First half 2026 results: EPS: ₹3.08. Net income: ₹9.15m (up ₹9.15m from 1H 2025). Valuation Update With 7 Day Price Move • Nov 02
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹69.50, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 17x in the Shipping industry in India. お知らせ • Oct 27
PDP Shipping & Projects Limited to Report First Half, 2026 Results on Nov 03, 2025 PDP Shipping & Projects Limited announced that they will report first half, 2026 results on Nov 03, 2025 Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹56.10, the stock trades at a trailing P/E ratio of 7.9x. Average trailing P/E is 14x in the Shipping industry in India. Valuation Update With 7 Day Price Move • Sep 22
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹83.50, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 15x in the Shipping industry in India. Reported Earnings • Sep 09
Full year 2025 earnings released: EPS: ₹10.18 (vs ₹11.36 in FY 2024) Full year 2025 results: EPS: ₹10.18 (down from ₹11.36 in FY 2024). Revenue: ₹218.2m (up 6.3% from FY 2024). Net income: ₹21.1m (down 9.0% from FY 2024). Profit margin: 9.7% (down from 11% in FY 2024). The decrease in margin was driven by higher expenses. お知らせ • Sep 04
PDP Shipping & Projects Limited, Annual General Meeting, Sep 29, 2025 PDP Shipping & Projects Limited, Annual General Meeting, Sep 29, 2025. Valuation Update With 7 Day Price Move • Jul 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹85.00, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 14x in the Shipping industry in India. Reported Earnings • May 29
Full year 2025 earnings released: EPS: ₹10.18 (vs ₹11.36 in FY 2024) Full year 2025 results: EPS: ₹10.18 (down from ₹11.36 in FY 2024). Revenue: ₹218.8m (up 6.7% from FY 2024). Net income: ₹21.1m (down 8.9% from FY 2024). Profit margin: 9.6% (down from 11% in FY 2024). The decrease in margin was driven by higher expenses. お知らせ • May 20
PDP Shipping & Projects Limited to Report Fiscal Year 2025 Results on May 27, 2025 PDP Shipping & Projects Limited announced that they will report fiscal year 2025 results on May 27, 2025 Buy Or Sell Opportunity • Apr 03
Now 30% overvalued The stock has been flat over the last 90 days, currently trading at ₹77.49. The fair value is estimated to be ₹59.40, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.7% over the last year. Earnings per share has grown by 38%.