MarketFriction

Chowgule Steamships Ltd

BSE 501833 · Shipping
₹20.29 +1.10%
BSE close2026-10-01
Market cap₹75.3 Cr.
P/E342

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1.071.071.140.920.940.991.030.830.760.810.870.82
Expenses0.660.741.191.090.791.221.311.080.831.311.101.13
Operating Profit0.410.33-0.05-0.170.15-0.23-0.28-0.25-0.07-0.50-0.23-0.31
OPM %38.32%30.84%-4.39%-18.48%15.96%-23.23%-27.18%-30.12%-9.21%-61.73%-26.44%-37.80%
Other Income0.711.100.890.940.710.740.950.820.430.990.331.09
Interest0.130.130.140.100.100.100.140.070.020.020.080.00
Depreciation0.110.110.110.090.090.090.090.110.110.110.070.09
Profit before tax0.881.190.590.580.670.320.440.390.230.36-0.050.69
Tax %6.82%0.84%6.78%12.07%50.75%28.12%50.00%28.21%30.43%19.44%1,620.00%7.25%
Net Profit0.811.180.540.510.330.230.220.280.160.29-0.870.64
EPS in Rs0.220.320.150.140.090.060.060.080.040.08-0.240.18
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales5.550.520.120.060.000.000.000.004.093.883.273.26
Expenses12.614.656.874.772.392.601.742.283.073.684.314.37
Operating Profit-7.06-4.13-6.75-4.71-2.39-2.60-1.74-2.281.020.20-1.04-1.11
OPM %-127.21%-794.23%-5,625.00%-7,850.00%11.28%24.94%5.15%-31.80%-34.05%
Other Income2.823.653.363.8910.0918.38-91.382.867.502.622.562.84
Interest0.421.351.490.731.910.450.480.520.540.440.200.12
Depreciation4.571.781.621.310.730.620.550.500.450.360.400.38
Profit before tax-9.23-3.61-6.50-2.865.0614.71-94.15-0.447.532.020.921.23
Tax %-39.98%-23.27%-38.00%-32.52%29.84%30.73%-0.93%-181.82%1.46%35.64%116.30%
Net Profit-5.54-2.76-4.03-1.933.5610.19-93.280.357.421.29-0.140.22
EPS in Rs-1.53-0.76-1.11-0.530.982.81-25.690.102.040.36-0.040.06
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-5%%%-14%
Compounded Profit Growth7%%%-79%
Stock Price CAGR5%16%14%-8%
Return on Equity0%3%4%0%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital36.3136.3136.3136.3136.3136.3136.3136.3136.3136.3136.3136.31
Reserves91.4186.9684.5180.9278.6182.1892.45-0.83-0.476.938.218.06
Borrowings13.910.000.000.0014.2017.700.000.000.000.000.000.00
Other Liabilities14.4618.0417.5818.526.429.127.536.847.429.438.809.12
Total Liabilities156.09141.31138.40135.75135.54145.31136.2942.3243.2652.6753.3253.49
Fixed Assets40.1827.6625.9021.658.988.077.466.926.435.997.757.38
CWIP0.000.000.000.000.000.000.000.000.000.000.000.00
Investments100.53100.3098.1096.7696.8897.7398.776.676.8812.152.8718.64
Other Assets15.3813.3514.4017.3429.6839.5130.0628.7329.9534.5342.7027.47
Total Assets156.09141.31138.40135.75135.54145.31136.2942.3243.2652.6753.3253.49
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-14.32-9.33-4.72-4.01-3.16-0.89-2.55-1.38-1.282.21-4.26-4.12
Cash from Investing Activity19.1724.454.853.53-10.92-2.331.961.421.20-2.084.264.06
Cash from Financing Activity-5.23-12.73-0.09-0.0914.133.500.000.000.000.000.000.00
Net Cash Flow-0.382.390.04-0.570.060.28-0.590.04-0.080.130.00-0.06
Free Cash Flow-8.9711.93-4.73-4.02-2.163.68-0.1828.92-1.302.20-4.69-4.16
CFO/OP46%134%107%64%74%82%77%95%93%217%-2,470%392%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days81.661.970.000.000.0059.7912.232.23
Inventory Days
Days Payable
Cash Conversion Cycle81.661.970.000.000.0059.7912.232.23
Working Capital Days-443.71522.846,787.6033,032.505,718.33-81.211,515.50350.49
ROCE %-18.85%-6.33%-1.85%-4.21%-1.29%3.30%1.02%2.23%0.22%10.29%5.61%2.52%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters72.05%72.05%72.05%72.05%72.13%72.13%72.13%72.13%72.13%72.13%72.13%72.13%
DIIs0.06%0.06%0.06%0.06%0.06%0.06%0.06%0.06%0.06%0.06%0.06%0.06%
Public27.90%27.88%27.89%27.90%27.81%27.82%27.81%27.81%27.81%27.82%27.81%27.81%
No. of Shareholders20,11020,05020,08520,30720,50220,76220,90820,97520,89020,76820,67420,711

Fundamentals

Market Cap₹ 75.3 Cr.
Current Price₹ 20.7
Stock P/E342
Book Value₹ 12.2
ROCE2.52 %
ROE-0.31 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-14%
Compounded Profit Growth (TTM)-79%
Standalone figures.
Valuation
Market capRs 74 Cr
Enterprise valueRs 74 Cr
P/E (TTM)334.86x
Price to book1.66x
Price to sales22.60x
EV / EBITDA40.65x
EV / EBIT51.45x
EV / sales22.57x
Earnings yield0.30%
P/E, 3-year average38.25x
P/B, 3-year average1.65x
P/E, 5-year average66.96x
P/B, 5-year average1.49x
Profitability
Operating margin (excl. other income)-31.80%
Operating margin (incl. other income)46.48%
EBITDA margin55.52%
Pre-tax margin37.73%
Net profit margin6.75%
Net margin, latest quarter78.05%
ROE-0.32%
ROCE2.52%
ROA-0.26%
ROE, 3-year average7.13%
ROCE, 3-year average9.51%
ROA, 3-year average5.88%
ROE, 5-year average-18.24%
ROCE, 5-year average-17.06%
ROA, 5-year average-17.20%
ROIC (approx.)-0.53%
Tax rate116.30%
Other income / net worth5.77%
Growth
Sales growth (latest year)-15.72%
Profit growth (latest year)-110.85%
Sales growth QoQ-5.75%
Sales growth YoY (latest quarter)-1.20%
Profit growth YoY (latest quarter)128.57%
Per share
EPS (TTM)Rs 0.06
EPS (latest year)Rs -0.04
EPS (latest quarter)Rs 0.18
EPS, 3-year averageRs 0.79
EPS, 5-year averageRs -4.65
Book value per shareRs 12.22
Sales per shareRs 0.90
Cash flow per shareRs -1.13
Free cash flow per shareRs -1.15
Efficiency
Asset turnover0.06x
Fixed asset turnover0.44x
Debtor days2 days
Debtors turnover163.50x
Cash conversion cycle2 days
Working capital days350 days
Leverage
Cash and bankRs 0 Cr
Net debtRs -0 Cr
Net debt / EBITDA-0.06x
Interest coverage7.15x
Owners' fund to total sources82.95%
Cash flow
Cash from Operating Activity (latest year)Rs -4 Cr
Cash from Investing Activity (latest year)Rs 4 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -4 Cr
Statement figures
Net sales (TTM)Rs 3 Cr
Net sales (latest year)Rs 3 Cr
Sales (latest quarter)Rs 1 Cr
Operating profit excl. other income (latest year)Rs -1 Cr
Operating profit (latest quarter)Rs -0 Cr
Other income (TTM)Rs 3 Cr
EBITDA (TTM)Rs 2 Cr
PBDT (TTM)Rs 2 Cr
Profit before tax (TTM)Rs 1 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 0 Cr
Net profit (latest year)Rs -0 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total expenditure (latest year)Rs 4 Cr
Total income (latest year)Rs 6 Cr
Share capitalRs 36 Cr
ReservesRs 8 Cr
Shareholders' fundsRs 44 Cr
Total assetsRs 53 Cr
Net blockRs 7 Cr
InvestmentsRs 19 Cr
ReceivablesRs 0 Cr
Other liabilitiesRs 9 Cr
Shares outstanding (crore)3.63
Ownership
Promoter holding72.13% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 334.9 is at the 97th percentile of its own 5.2-year range (median 14.7, low 2.8, high 371.3).
P/B 1.66 is at the 73th percentile (median 0.47).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Period501833Nifty 50Difference
1 week-1.3%-2.8% +1.5 pts
1 month-6.5%-6.8% +0.3 pts
3 months-10.0%-7.6% -2.4 pts
3 years+46.0%+14.2% +31.8 pts
5 years+111.6%+27.9% +83.7 pts

Red flags

F-score 2 of 8
explainWeak cash conversion Cash from operations was -72% of net profit over the last 3 years
lookProfit leans on other income Other income was 278% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹1 Cr -1.2% vs Jun 2025. Net profit ₹1 Cr +128.6%.

Activity

Compare
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Chowgule Steamships Ltd?

Chowgule Steamships Ltd (501833) has a market capitalisation of Rs 75.3 Cr. at the 2026-10-01 close.

What is the P/E ratio of Chowgule Steamships Ltd?

Chowgule Steamships Ltd trades at a P/E of 342 on trailing twelve-month profit, at the 2026-10-01 close.

What were Chowgule Steamships Ltd's latest quarterly results?

In the Jun 2026 quarter, Chowgule Steamships Ltd sales was Rs 1 Cr (-1.2% vs Jun 2025) and net profit was Rs 1 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03