Shahi Shipping quarterly results and financials

Shahi Shipping (BSE 526508)₹10.75+4.78%(9 Nov 2026 close)Shipping

Key facts

In the Mar 2026 quarter (standalone), Shahi Shipping reported sales of ₹1.60 Cr, down 48.1% from Mar 2025, and net profit of −₹0.70 Cr. For the year to Mar 2026, sales were ₹6.47 Cr and net profit −₹1.83 Cr.

Sales (Mar 2026): ₹1.60 Cr
Net profit (Mar 2026): −₹0.70 Cr
Sales (FY Mar 2026): ₹6.47 Cr
Net profit (FY Mar 2026): −₹1.83 Cr
EPS (Mar 2026): ₹−0.47
Borrowings (Mar 2026): ₹8.76 Cr

Company filings, standalone accounts; latest reported quarter Mar 2026

Shahi Shipping quarterly results

₹ crore unless stated; each column is a quarter.

Shahi Shipping Quarterly results
	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales	2.52	2.74	3.00	4.16	3.07	1.98	2.49	3.08	1.77	1.45	1.66	1.60
Expenses	2.43	2.19	2.30	3.60	2.54	3.21	2.22	2.54	1.75	1.64	1.98	1.97
Operating Profit	0.08	0.56	0.71	0.55	0.52	−1.26	0.26	0.53	0.00	−0.22	−0.33	−0.40
OPM %	2.8%	20.0%	23.3%	13.0%	16.6%	−63.5%	10.1%	16.9%	0.0%	−14.6%	−19.2%	−24.5%
Other Income	0.00	0.05	0.05	1.24	0.02	0.02	0.04	−2.66	0.02	0.11	0.04	−0.05
Interest	0.02	0.10	0.05	0.05	0.14	0.14	0.15	0.21	0.16	0.05	0.07	0.09
Depreciation	0.11	0.11	0.10	0.10	0.09	0.09	0.11	0.15	0.16	0.14	0.17	0.21
Profit before tax	−0.07	0.35	0.56	1.59	0.26	−1.48	0.00	−2.50	−0.32	−0.31	−0.54	−0.74
Tax %	−25.1%	−25.1%	−1.8%	−1.3%	−3.7%	−0.7%	—	−5.6%	−3.1%	12.4%	−16.4%	−8.1%
Exceptional items	0.00	0.00	0.00	0.00	0.00	0.00	0.00	−2.99	0.00	0.00	0.00	0.00
Net Profit	−0.05	0.44	0.59	1.61	0.29	−1.47	0.02	−2.39	−0.32	−0.37	−0.45	−0.70
EPS (Rs)	−0.03	0.30	0.39	1.11	0.18	−1.01	0.00	−1.63	−0.20	−0.24	−0.31	−0.47

Shahi Shipping profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Shahi Shipping Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	14.61	19.10	16.64	10.22	8.13	9.33	9.41	10.87	12.44	10.59	6.47	6.48
Expenses	12.08	15.86	14.64	23.23	9.90	9.66	10.54	10.33	10.38	13.23	7.35	7.34
Operating Profit	2.49	3.22	1.94	−13.10	−1.80	−0.36	−1.17	0.50	2.03	−2.69	−0.92	−0.95
OPM %	17.0%	16.8%	11.6%	−128.1%	−22.0%	−3.8%	−12.3%	4.5%	16.2%	−25.4%	−14.1%	−14.7%
Other Income	−2.36	0.12	1.22	0.26	0.30	0.48	2.26	0.96	1.47	0.12	0.11	0.12
Interest	1.47	1.20	1.03	0.66	0.73	0.65	0.46	0.46	0.56	0.67	0.40	0.37
Depreciation	2.93	2.09	1.82	1.30	0.98	0.85	0.76	0.60	0.45	0.48	0.72	0.68
Profit before tax	−4.28	0.00	0.26	−14.77	−3.22	−1.39	−0.14	0.35	2.44	−3.73	−1.94	−1.91
Tax %	−41.4%	5,699.9%	−303.8%	−1.2%	2.5%	−18.6%	−46.8%	−14.0%	−5.3%	−4.6%	−6.7%	—
Exceptional items	−2.99	−0.99	0.00	−0.99	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Profit	−2.51	−0.54	1.11	−14.64	−3.32	−1.12	−0.09	0.40	2.58	−3.58	−1.83	−1.84
EPS (Rs)	−1.73	−0.37	0.75	−10.09	−2.27	−0.77	−0.05	0.27	1.78	−2.45	−1.25	−1.22
Dividend payout %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	—

Shahi Shipping balance sheet

₹ crore, at each year end.

Shahi Shipping Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	14.49	14.50	14.50	14.51	14.49	14.49	14.48	14.48	14.49	14.47	14.48	14.48
Reserves	9.28	6.77	6.24	7.35	−7.30	−10.60	−11.51	−11.59	−11.19	−8.60	−12.17	−13.99
Borrowings	20.16	14.31	13.17	9.87	9.93	9.13	9.62	10.44	8.98	5.38	6.19	8.76
Other Liabilities	11.52	8.47	8.45	7.39	6.43	7.72	7.65	6.61	7.18	7.39	3.86	4.18
Total Liabilities	55.45	44.05	42.36	39.12	23.55	20.74	20.24	19.94	19.46	18.64	12.36	13.43
Fixed Assets	20.92	15.20	13.32	11.46	8.72	7.72	6.89	6.10	5.14	4.71	7.37	7.90
CWIP	4.10	2.09	2.11	2.11	2.11	2.11	2.11	2.11	2.11	2.11	0.00	1.24
Investments	0.08	0.08	0.12	0.12	0.05	0.04	0.04	0.05	0.51	0.52	0.06	0.04
Other Assets	30.35	26.68	26.81	25.43	12.67	10.87	11.20	11.68	11.70	11.30	4.93	4.25
Trade receivables	20.14	17.40	16.97	15.46	3.30	1.92	1.15	1.31	2.22	1.76	1.63	1.30
Cash & equivalents	0.57	0.26	0.79	0.82	0.22	0.05	0.21	0.26	0.36	0.35	0.57	0.41
Total Assets	55.45	44.05	42.36	39.12	23.55	20.74	20.24	19.94	19.46	18.64	12.36	13.43

Shahi Shipping cash flow

₹ crore, for each year.

Shahi Shipping Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	4.07	1.24	5.37	4.41	−0.79	1.15	0.95	−0.70	1.58	3.96	2.76	0.58
Cash from investing activity	−0.45	4.31	−0.13	−0.03	0.82	0.20	0.00	0.16	0.38	−0.05	−2.68	−2.40
Cash from financing activity	−3.39	−5.85	−4.74	−4.39	−0.62	−1.53	−0.80	0.61	−1.88	−3.94	0.12	1.66
Net cash flow	0.26	−0.32	0.52	0.03	−0.61	−0.19	0.18	0.05	0.11	0.00	0.23	−0.16
Capex	0.75	0.15	0.28	0.21	0.03	0.00	0.04	0.02	0.04	0.08	3.22	1.27
Free cash flow	3.62	5.48	5.16	4.33	−0.81	1.15	0.92	−0.56	1.93	3.99	−0.43	−1.89
CFO / OP %	240.1%	50.1%	161.1%	216.0%	5.0%	−72.0%	−300.0%	50.0%	324.1%	197.0%	−97.0%	−64.9%

Shahi Shipping ratios

Working-capital days and returns, by year.

Shahi Shipping Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	398	434	324	339	117	86	44	50	74	51	56	73
Cash conversion cycle	400	436	326	341	119	88	46	52	76	53	58	75
Working capital days	27	98	121	122	−223	−371	−343	−256	−152	−158	−102	−127
ROCE %	−0.9%	−0.6%	3.5%	4.3%	−55.1%	−16.8%	−5.8%	1.5%	3.0%	25.2%	−31.0%	−16.7%

Shahi Shipping: frequently asked questions

What are the latest quarterly results of Shahi Shipping?

For the Mar 2026 quarter, Shahi Shipping reported sales of ₹1.60 Cr, down 48.1% year on year and net profit of −₹0.70 Cr. The operating margin was −24.5%.

What is the annual revenue of Shahi Shipping?

Shahi Shipping's sales for the year to Mar 2026 were ₹6.47 Cr; over the last twelve months they were ₹6.48 Cr.

What is the net profit of Shahi Shipping?

Net profit for the year to Mar 2026 was −₹1.83 Cr, and −₹1.84 Cr over the last twelve months. Earnings per share over the same trailing period were ₹−1.22.

How much debt does Shahi Shipping have?

Shahi Shipping reported borrowings of ₹8.76 Cr at Mar 2026, against cash and equivalents of ₹0.41 Cr.

What is the free cash flow of Shahi Shipping?

Cash from operations was ₹0.58 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹1.89 Cr.

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