Reported Earnings • Aug 14
First quarter 2027 earnings released: ₹0.52 loss per share (vs ₹0.22 loss in 1Q 2026) First quarter 2027 results: ₹0.52 loss per share (further deteriorated from ₹0.22 loss in 1Q 2026). Revenue: ₹8.89m (down 49% from 1Q 2026). Net loss: ₹7.50m (loss widened 141% from 1Q 2026). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 129 percentage points per year, which is a significant difference in performance. Announcement • Aug 05
Shahi Shipping Limited to Report Q1, 2027 Results on Aug 13, 2026 Shahi Shipping Limited announced that they will report Q1, 2027 results on Aug 13, 2026 Reported Earnings • May 30
Full year 2026 earnings released: ₹1.26 loss per share (vs ₹2.46 loss in FY 2025) Full year 2026 results: ₹1.26 loss per share (improved from ₹2.46 loss in FY 2025). Revenue: ₹66.1m (down 38% from FY 2025). Net loss: ₹18.2m (loss narrowed 49% from FY 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 133 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 13
Third quarter 2026 earnings released: ₹0.32 loss per share (vs ₹0.007 profit in 3Q 2025) Third quarter 2026 results: ₹0.32 loss per share (down from ₹0.007 profit in 3Q 2025). Revenue: ₹17.0m (down 32% from 3Q 2025). Net loss: ₹4.58m (down ₹4.68m from profit in 3Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 140 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 15
Second quarter 2026 earnings released: ₹0.25 loss per share (vs ₹1.02 loss in 2Q 2025) Second quarter 2026 results: ₹0.25 loss per share (improved from ₹1.02 loss in 2Q 2025). Revenue: ₹15.5m (down 22% from 2Q 2025). Net loss: ₹3.63m (loss narrowed 75% from 2Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 143 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Nov 14
Now 22% undervalued Over the last 90 days, the stock has risen 49% to ₹22.38. The fair value is estimated to be ₹28.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Meanwhile, the company became loss making. New Risk • Nov 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹248.9m market cap, or US$2.81m). Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Revenue is less than US$5m (₹93m revenue, or US$1.0m). Announcement • Sep 03
Shahi Shipping Limited Appoints Uma Shankar Thakur as Chief Financial Officer, Effective September 3, 2025 Shahi Shipping Limited at its board meeting held on September 3, 2025 approved appointment of Mr. Uma Shankar Thakur as Chief Financial Officer, effective September 3, 2025. Mr. Uma Shankar Thakur has the experience of more than 5 years in the accounts and financials related. He have the experience of Conduct financial planning, forecasting, and analysis to guide operational decision -making and long-term growth. Reported Earnings • Aug 14
First quarter 2026 earnings released: ₹0.22 loss per share (vs ₹0.19 profit in 1Q 2025) First quarter 2026 results: ₹0.22 loss per share (down from ₹0.19 profit in 1Q 2025). Revenue: ₹17.7m (down 42% from 1Q 2025). Net loss: ₹3.12m (down 213% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 56% per year, which means it is well ahead of earnings. Announcement • Jul 28
Shahi Shipping Limited to Report Q1, 2026 Results on Aug 12, 2025 Shahi Shipping Limited announced that they will report Q1, 2026 results on Aug 12, 2025 New Risk • Jun 11
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.6% average weekly change). Market cap is less than US$10m (₹267.4m market cap, or US$3.13m). Minor Risk Revenue is less than US$5m (₹106m revenue, or US$1.2m). Reported Earnings • May 28
Full year 2025 earnings released: ₹2.46 loss per share (vs ₹1.78 profit in FY 2024) Full year 2025 results: ₹2.46 loss per share (down from ₹1.78 profit in FY 2024). Revenue: ₹106.9m (down 14% from FY 2024). Net loss: ₹35.7m (down 238% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 10
Shahi Shipping Limited to Report Q4, 2025 Results on May 26, 2025 Shahi Shipping Limited announced that they will report Q4, 2025 results at 9:15 AM, Indian Standard Time on May 26, 2025 New Risk • Feb 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.2x net interest cover). Market cap is less than US$10m (₹216.7m market cap, or US$2.49m). Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.6% net profit margin). Revenue is less than US$5m (₹117m revenue, or US$1.3m). Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to ₹15.08, the stock trades at a trailing P/E ratio of 52.3x. Average trailing P/E is 17x in the Shipping industry in India. Total returns to shareholders of 215% over the past three years. Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: ₹0.01 (vs ₹0.40 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.01 (down from ₹0.40 in 3Q 2024). Revenue: ₹25.1m (down 17% from 3Q 2024). Net income: ₹97.0k (down 98% from 3Q 2024). Profit margin: 0.4% (down from 19% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 52% per year, which means it is significantly lagging earnings growth. Announcement • Jan 29
Shahi Shipping Limited to Report Q3, 2025 Results on Feb 06, 2025 Shahi Shipping Limited announced that they will report Q3, 2025 results on Feb 06, 2025 Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹18.11, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 22x in the Shipping industry in India. Total returns to shareholders of 259% over the past three years. Reported Earnings • Nov 16
Second quarter 2025 earnings released: ₹1.02 loss per share (vs ₹0.31 profit in 2Q 2024) Second quarter 2025 results: ₹1.02 loss per share (down from ₹0.31 profit in 2Q 2024). Revenue: ₹19.8m (down 28% from 2Q 2024). Net loss: ₹14.8m (down 431% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 68% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹26.57, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 19x in the Shipping industry in India. Total returns to shareholders of 446% over the past three years. Announcement • Nov 05
Shahi Shipping Limited to Report Q2, 2025 Results on Nov 14, 2024 Shahi Shipping Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Announcement • Sep 12
Shahi Shipping Limited, Annual General Meeting, Sep 28, 2024 Shahi Shipping Limited, Annual General Meeting, Sep 28, 2024, at 12:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹26.58, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 18x in the Shipping industry in India. Total returns to shareholders of 426% over the past three years. Reported Earnings • Aug 14
First quarter 2025 earnings released: EPS: ₹0.19 (vs ₹0.04 loss in 1Q 2024) First quarter 2025 results: EPS: ₹0.19 (up from ₹0.04 loss in 1Q 2024). Revenue: ₹30.6m (up 22% from 1Q 2024). Net income: ₹2.77m (up ₹3.36m from 1Q 2024). Profit margin: 9.0% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 128% per year but the company’s share price has only increased by 78% per year, which means it is significantly lagging earnings growth. Announcement • Jul 13
Shahi Shipping Limited to Report Q1, 2025 Results on Aug 13, 2024 Shahi Shipping Limited announced that they will report Q1, 2025 results on Aug 13, 2024 Reported Earnings • May 23
Full year 2024 earnings released: EPS: ₹1.78 (vs ₹0.28 in FY 2023) Full year 2024 results: EPS: ₹1.78 (up from ₹0.28 in FY 2023). Revenue: ₹137.4m (up 26% from FY 2023). Net income: ₹25.9m (up ₹21.8m from FY 2023). Profit margin: 19% (up from 3.7% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 127% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Announcement • May 11
Shahi Shipping Limited to Report Q4, 2024 Results on May 21, 2024 Shahi Shipping Limited announced that they will report Q4, 2024 results on May 21, 2024 Valuation Update With 7 Day Price Move • May 10
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹8.18, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 28x in the Shipping industry in India. Total returns to shareholders of 42% over the past three years. Valuation Update With 7 Day Price Move • Mar 26
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹10.82, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 16x in the Shipping industry in India. Total returns to shareholders of 88% over the past three years. Board Change • Mar 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Independent Non-Executive Director Omprakash Singh was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 08
Third quarter 2024 earnings released: EPS: ₹0.40 (vs ₹0.20 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.40 (up from ₹0.20 in 3Q 2023). Revenue: ₹30.5m (down 11% from 3Q 2023). Net income: ₹5.83m (up 105% from 3Q 2023). Profit margin: 19% (up from 8.3% in 3Q 2023). Reported Earnings • Nov 12
Second quarter 2024 earnings released: EPS: ₹0.31 (vs ₹0.05 loss in 2Q 2023) Second quarter 2024 results: EPS: ₹0.31 (up from ₹0.05 loss in 2Q 2023). Revenue: ₹28.0m (down 1.7% from 2Q 2023). Net income: ₹4.46m (up ₹5.24m from 2Q 2023). Profit margin: 16% (up from net loss in 2Q 2023). Announcement • Aug 31
Shahi Shipping Limited, Annual General Meeting, Sep 28, 2023 Shahi Shipping Limited, Annual General Meeting, Sep 28, 2023, at 15:00 Indian Standard Time. Announcement • Aug 17
Shahi Shipping Limited Announces CFO Changes Shahi Shipping Limited announced that Board of Director of the Company at its meeting held on August 16, 2023, has accepted the resignation of Ms. N Vijila as Chief Financial Officer of the Company with effect from May 28, 2023. On the recommendation of Committee, the Board of Directors in meeting appointed Ms. Dakshta Chavan, as Chief Financial Officer of the Company with effect from May 28, 2023. M/s Dakshata holds a master degree from Mumbai university She had also completed her BAF (bachelor in accounting and finance) in the year 2014-2015. She had over all experience of 7 years of handling accounting and finance team of various companies. She has a good communication skills also experienced in good corporate governance and leadership skills. Announcement • Aug 03
Shahi Shipping Limited to Report Q1, 2024 Results on Aug 11, 2023 Shahi Shipping Limited announced that they will report Q1, 2024 results on Aug 11, 2023 Reported Earnings • Feb 15
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: ₹34.2m (up 46% from 3Q 2022). Net income: ₹2.85m (up ₹4.73m from 3Q 2022). Profit margin: 8.3% (up from net loss in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Feb 07
Shahi Shipping Limited to Report Q3, 2023 Results on Feb 13, 2023 Shahi Shipping Limited announced that they will report Q3, 2023 results on Feb 13, 2023 Announcement • Dec 23
Shahi Shipping Limited Appoints N V Agandeswaran as Whole Time Company Secretary and Compliance Officer Shahi Shipping Limited approved the appointment of Mr. N V Agandeswaran (Membership Number: A7966) as the whole time company secretary and compliance officer of the company with effect from December 21, 2022, at the board meeting held on December 21, 2022. Announcement • Nov 04
Shahi Shipping Limited to Report Q2, 2023 Results on Nov 12, 2022 Shahi Shipping Limited announced that they will report Q2, 2023 results on Nov 12, 2022 Announcement • Aug 13
Shahi Shipping Limited, Annual General Meeting, Sep 24, 2022 Shahi Shipping Limited, Annual General Meeting, Sep 24, 2022. Announcement • Aug 03
Shahi Shipping Limited to Report Q1, 2023 Results on Aug 12, 2022 Shahi Shipping Limited announced that they will report Q1, 2023 results on Aug 12, 2022 Reported Earnings • Jun 03
Full year 2022 earnings released: ₹0.06 loss per share (vs ₹0.78 loss in FY 2021) Full year 2022 results: ₹0.06 loss per share (up from ₹0.78 loss in FY 2021). Revenue: ₹116.6m (up 25% from FY 2021). Net loss: ₹848.2k (loss narrowed 93% from FY 2021). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Announcement • May 17
Shahi Shipping Limited to Report Q4, 2022 Results on May 27, 2022 Shahi Shipping Limited announced that they will report Q4, 2022 results on May 27, 2022 Reported Earnings • Feb 17
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: ₹0.13 loss per share (up from ₹0.72 loss in 3Q 2021). Revenue: ₹24.7m (up 17% from 3Q 2021). Net loss: ₹1.89m (loss narrowed 82% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Announcement • Feb 05
Shahi Shipping Limited to Report Q3, 2022 Results on Feb 14, 2022 Shahi Shipping Limited announced that they will report Q3, 2022 results on Feb 14, 2022 Reported Earnings • Aug 19
First quarter 2022 earnings released: ₹0.12 loss per share (vs ₹0.34 profit in 1Q 2021) The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2022 results: Revenue: ₹19.2m (down 17% from 1Q 2021). Net loss: ₹1.76m (down 136% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 04
Full year 2021 earnings released: ₹0.78 loss per share (vs ₹2.29 loss in FY 2020) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2021 results: Revenue: ₹93.4m (up 15% from FY 2020). Net loss: ₹11.3m (loss narrowed 66% from FY 2020). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.