Date: 30 May 2024

Shipping

Sector	Market Cap	No of Companies
Shipping	31288.91	12

 

NetWorth	18889.99	TTM Sales	11365.72	TTM Sales Var (%)	-9.20
Debt	9373.86	TTM OP	4537.48	TTM NP Var (%)	-6.55
Capital Employed	28970.12	TTM OPM (%)	51.03	EV/TM Sales	2.75
Net Block	17242.32	TTM PATM (%)	28.86	EV/TTM EBITDA	7.55
Current Assets	13412.85	Debt / Equity	0.50	P/E	9.54
ROCE (%)	22.76	RONW (%)	17.36	P/B	1.66

The above figures are in Rs. Crores as of 30 May 2024

TTM ended March 2024

	30 May 2024	30 Apr 2023	30 Apr 2022	MoM Var. (%)	YoY Var. (%)
Sector Marketcap	31288.91	16624.37	15939.01	88.21	96.3
Total Marketcap	41320481.71	26782077.7	25450971.93	54.28	62.35
Sector's share	0.08	0.06	0.06	0.02	0.02
Sector No of companies	12	9	9	3	3
Total Listed companies	4628	4242	4089	386	539
Sector's share	0.26	0.21	0.22	0.05	0.04
Nifty 50	22488.65	22604.85	18534.4	-0.51	21.33

 

Gainers
Company Name	30/05/2024	30/04/2024	Var%
Shahi Shipping	11.59	9.70	19.48
Seacoast Ship.	4.01	3.71	8.09
S C I	241.80	227.70	6.19
Shreyas Shipping	317.35	299.70	5.89
Essar Shipping	29.99	28.73	4.39
Losers
Company Name	30/05/2024	30/04/2024	Var%
SEAMEC Ltd	1022.20	1084.70	-5.76
Global Offshore	45.38	48.09	-5.64
GE Shipping Co	1030.30	1091.40	-5.60
Chowgule Steam	28.91	29.66	-2.53

 

During the month of May 2024, Shipping sector’s Marketcap increased 88.21% to Rs 31288.91 crore, compared to 54.28% rise in total listed marketcap to Rs 41320481.71 crore.

Sector’s share of total listed marketcap moved to 0.08% in May 2024 from 0.06% in April 2023 and 0.06% in April 2022.

In terms of price appreciation in the sector, there were 5 gainers and 4 losers in the month of May 2024. The gainers accounted for 41.67% of sector companies, losers accounted for 33.33% of sector companies, while 3% remained unchanged.

The top 3 gainers were Shahi Shipping (19.48% gain), Seacoast Ship. (8.09% gain) and S C I (6.19% gain).

The 3 losers at the bottom were SEAMEC Ltd (-5.76% fall), Global Offshore (-5.64% fall) and GE Shipping Co (-5.60% fall).

During the month Chowgule Steamships Ltd, Great Eastern Shipping Company Ltd, Global Offshore Services Ltd, Shipping Corporation of India Ltd, Shahi Shipping Ltd, Shreyas Shipping & Logistics Ltd, SEAMEC Ltd, Essar Shipping Ltd and Seacoast Shipping Services Ltd announced their results. Of these Great Eastern Shipping Company Ltd, Shahi Shipping Ltd and Seacoast Shipping Services Ltd reported rise in net profit attributable to shareholders. Companies like Shipping Corporation of India Ltd and Shreyas Shipping & Logistics Ltd reported fall in net profit attributable to shareholders.

Companies like SEAMEC Ltd and Chowgule Steamships Ltd reported loss to profit and Essar Shipping Ltd reported profit to loss.

Great Eastern Shipping Company Ltd became ex-dividend.

During the month Chowgule Steamships Ltd, Great Eastern Shipping Company Ltd, Global Offshore Services Ltd, Shipping Corporation of India Ltd, Mercator Ltd, Shahi Shipping Ltd, Shreyas Shipping & Logistics Ltd, SEAMEC Ltd, ABS Marine Services Ltd, Essar Shipping Ltd, Seacoast Shipping Services Ltd, Arvind & Company Shipping Agencies Ltd and Sadhav Shipping Ltd filed their shareholding patterns.

FIIs increased their shareholding in ABS Marine Services Ltd from 0.00% to 3.40%, Shipping Corporation of India Ltd from 3.27% to 4.66%, Great Eastern Shipping Company Ltd from 26.74% to 27.39%, SEAMEC Ltd from 3.05% to 3.15% and Essar Shipping Ltd from 0.01% to 0.04%. FIIs reduced their shareholding in Shreyas Shipping & Logistics Ltd from 0.10% to 0.01%, Global Offshore Services Ltd from 0.62% to 0.41% and Sadhav Shipping Ltd from 0.71% to 0.03%.

DIIs increased their shareholding in SEAMEC Ltd from 1.77% to 5.35%, ABS Marine Services Ltd from 0.00% to 1.61% and Great Eastern Shipping Company Ltd from 15.88% to 16.35%. DIIs reduced their shareholding in Shipping Corporation of India Ltd from 8.00% to 7.62%.

Promoters reduced their shareholding in ABS Marine Services Ltd from 86.50% to 63.42% and Seacoast Shipping Services Ltd from 27.85% to 0.04%.

During the month Annual reports of Chowgule Steamships Ltd, Essar Ports Ltd, Great Eastern Shipping Company Ltd, Global Offshore Services Ltd, Shipping Corporation of India Ltd, Mercator Ltd, Shahi Shipping Ltd, Shreyas Shipping & Logistics Ltd, SEAMEC Ltd, United Shippers Ltd, Poompuhar Shipping Corporation Ltd, Arcadia Shipping Ltd, West Asia Maritime Ltd, Fairmacs Shipping & Transport Services Private Ltd, Volkart Fleming Shipping And Services Ltd, Sanmar Shipping Ltd, Asianol Shipping Ltd, Port Shipping Company Ltd, Tolani Shipping Company Ltd, Malabar Coast Marine Services Pvt Ltd, Greatship (India) Ltd, Intersea Maritime Ltd, Express Carriers Ltd, Ocean Diving Centre Ltd, Samson Maritime Ltd, Contech Transport Services Pvt Ltd, International Seaport Dredging Ltd, Prince Marine Transport Services Pvt Ltd, ABS Marine Services Ltd, Goa Maritime Pvt Ltd, Mahadev Shipbreakers Pvt Ltd, Chellaram Shipping Pvt Ltd, Seven Islands Shipping Ltd, Essar Shipping Ltd, Shapoorji Pallonji Bumi Armada Offshore Pvt Ltd, Zen Cargo Movers Pvt Ltd, L&T Sapura Shipping Pvt Ltd, B S Shipping Pvt Ltd, Apeejay Shipping Ltd, Seacoast Shipping Services Ltd, West Wind Shipping & Logistics Pvt Ltd, Arvind & Company Shipping Agencies Ltd, Oasis Shipping Pvt Ltd, Shapoorji Pallonji Forbes Shipping Ltd, Adani Shipping India Pvt Ltd, Winwin Maritime Ltd, Cloudnine Shipping Pvt Ltd, Bhambhani Shipping Ltd, Act Infraport Ltd, Shakti Clearing Agency Pvt Ltd, Elegant Logistics Pvt Ltd, Indigo Sea Ways Pvt Ltd, Ashapura Shipping Ltd, Accord Shipping Agencies (India) Pvt Ltd, Astra Container Line Pvt Ltd, Lewek Altair Shipping Pvt Ltd, Dakshin Bharat Gateway Terminal Pvt Ltd, K Line (India) Shipping Pvt Ltd, B W Global United L P G India Pvt Ltd, Bothra Shipping Services Pvt Ltd, Seagull Maritime Agencies Pvt Ltd, M T M Ship Mgmt. (India) Pvt Ltd, Damani Shipping Pvt Ltd, Combine Clearing & Forwarding Pvt Ltd, Goodearth Maritime Pvt Ltd, Ocean Network Express (India) Pvt Ltd, Polestar Maritime Ltd, High Tide Ship Mgmt. Pvt Ltd, Zim Integrated Shipping Services (India) Pvt Ltd, Star Shipping Services (India) Pvt Ltd, Sea Consortium Shipping (India) Pvt Ltd, A R C Logistics Pvt Ltd, G A C Shipping (India) Pvt Ltd, Trans Asian Shipping Services Pvt Ltd, Sai Shipping Co. Pvt Ltd, Master Logitech Pvt Ltd, Globelink W W India Pvt Ltd, Triton Maritime Pvt Ltd, Dimensions Logistics Services Pvt Ltd, Orange Cargo Solutions Pvt Ltd, Opus D E I Logistics (India) Pvt Ltd, Global United Shipping India Pvt Ltd, Delta Conship Pvt Ltd, E C L Puyvast (India) Pvt Ltd, M Pallonji Logistics Pvt Ltd, S H M Sadhav Shipping Pvt Ltd, Hermes Ship Mgmt. Pvt Ltd and Sadhav Shipping Ltd were updated in Capitaline.