MarketFriction

Seacoast Shipping Services Ltd

BSE 542753 · Logistics Solution Provider
Market cap₹49.6 Cr.
P/E2.22
Not trading

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 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Sales71.9542.1921.0593.06109.99111.03115.5099.73121.4227.99125.02151.47
Expenses63.6739.5922.5180.48104.31104.25109.7492.13110.6827.44108.79141.82
Operating Profit8.282.60-1.4612.585.686.785.767.6010.740.5516.239.65
OPM %11.51%6.16%-6.94%13.52%5.16%6.11%4.99%7.62%8.85%1.96%12.98%6.37%
Other Income0.060.00-0.06-8.040.050.000.000.000.000.000.000.00
Interest0.300.690.510.470.470.550.560.560.550.450.440.31
Depreciation0.000.00-0.040.000.000.000.000.000.000.000.000.00
Profit before tax8.041.91-1.994.075.266.235.207.0410.190.1015.799.34
Tax %26.49%26.18%15.58%26.04%26.05%26.00%76.54%28.69%24.14%20.00%52.50%24.95%
Net Profit5.911.42-2.303.013.894.611.225.027.730.077.507.00
EPS in Rs0.110.03-0.040.060.070.090.020.090.140.000.140.13
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales0002101243128430374426
Expenses0002101227121399339389
Operating Profit-00-0-00-0-0167313537
OPM %-50%0.0%-6%-6%2.1%-44%-10%6%5%7%9%9%
Other Income000000000-800
Interest000000012222
Depreciation000000000000
Profit before tax-0000000155213335
Tax %0%0%0%0%0%0%40%25%44%31%39%
Net Profit-0000000113142022
EPS in Rs0.010.210.050.270.380.41
Dividend Payout %0%0%0%0%0%0%15%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth167%325%15%-2%
Compounded Profit Growth114%359%22%51%
Stock Price CAGR%-43%-30%-35%
Return on Equity23%24%22%21%
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Equity Capital0.250.252222234343454
Reserves001111111142873
Borrowings000000021232830
Other Liabilities00100008317762167
Total Liabilities0054444149248153325
Fixed Assets00000000000
CWIP00000000000
Investments00000000000
Other Assets0054444149248153324
Total Assets0054444149248153325
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity0-0-1-0-000-50-0-4-45
Cash from Investing Activity-00-2-0000-00-0-0
Cash from Financing Activity00300-0-050-0445
Net Cash Flow-00-00-0000-0-00
Free Cash Flow0-0-1-0-000-50-0-4-45
CFO/OP0%3,650%260%-667%-92%-80%-318%29%9%-91%
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days548040863269419449140556128313
Inventory Days01,0952,080281135499000
Days Payable00270316
Cash Conversion Cycle5481,0952,488317404602449140556128313
Working Capital Days1821,0348052593884,6642,3586814361139
ROCE %3%1%1%1%0%1%46%10%38%28%
Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Promoters52.88%52.88%52.88%52.88%44.55%44.55%27.85%0.04%0.04%0.04%0.04%0.04%
FIIs1.78%1.66%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public45.34%45.46%47.13%47.13%55.44%55.44%72.16%99.97%99.96%99.96%99.96%99.96%
No. of Shareholders28,44835,52745,65947,15453,18058,81781,6331,56,8852,49,7572,49,7572,49,7392,49,739

Fundamentals

Market Cap₹ 49.6 Cr.
Current Price₹ 0.92
Stock P/E2.22
Book Value₹ 2.36
ROCE28.3 %
ROE21.4 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)-2%
Compounded Profit Growth (TTM)51%
Standalone figures.
Valuation
P/E, 3-year average73.69x
P/B, 3-year average4.34x
P/E, 5-year average50.26x
P/B, 5-year average3.17x
Profitability
Operating margin (excl. other income)9.39%
Operating margin (incl. other income)9.39%
EBITDA margin8.73%
Pre-tax margin8.32%
Net profit margin5.24%
Net margin, latest quarter4.62%
ROE21.45%
ROCE28.33%
ROA8.50%
ROE, 3-year average17.66%
ROCE, 3-year average22.14%
ROA, 3-year average5.64%
ROE, 5-year average19.93%
ROCE, 5-year average22.69%
ROA, 5-year average6.46%
ROIC (approx.)14.46%
Tax rate38.72%
Growth
Sales growth (latest year)-12.90%
Profit growth (latest year)42.09%
Sales CAGR, 3 years15.45%
Sales CAGR, 5 years324.95%
Profit CAGR, 3 years22.27%
Profit CAGR, 5 years358.62%
Sales growth QoQ21.16%
Profit growth QoQ-6.67%
Sales growth YoY (latest quarter)51.88%
Profit growth YoY (latest quarter)39.44%
Per share
EPS (TTM)Rs 0.41
EPS (latest quarter)Rs 0.13
EPS, 3-year averageRs 0.25
EPS, 5-year averageRs 0.98
Book value per shareRs 2.36
Sales per shareRs 7.91
Cash flow per shareRs -0.83
Free cash flow per shareRs -0.84
Dividend per share, 5-year averageRs 0.50
Dividends
Dividend payout, 5-year average15.14%
Efficiency
Asset turnover1.15x
Fixed asset turnover12472.00x
Debtor days313 days
Debtors turnover1.17x
Creditor days316 days
Cash conversion cycle313 days
Working capital days139 days
Leverage
Total debtRs 30 Cr
Cash and bankRs 0 Cr
Net debtRs 30 Cr
Debt to equity0.24x
Net debt / EBITDA0.81x
Interest coverage21.24x
Owners' fund to total sources39.18%
Debt to assets9.33%
Cash flow
Cash from Operating Activity (latest year)Rs -45 Cr
Cash from Investing Activity (latest year)Rs -0 Cr
Cash from Financing Activity (latest year)Rs 45 Cr
Free cash flow (latest year)Rs -45 Cr
FCFE (approx.: FCF + change in debt)Rs -43 Cr
Cash from ops / profit, 5 years-2.06x
Statement figures
Net sales (TTM)Rs 426 Cr
Net sales (latest year)Rs 374 Cr
Sales (latest quarter)Rs 151 Cr
Operating profit excl. other income (latest year)Rs 35 Cr
Operating profit (latest quarter)Rs 10 Cr
EBITDA (TTM)Rs 37 Cr
PBDT (TTM)Rs 35 Cr
Profit before tax (TTM)Rs 35 Cr
Tax (latest year)Rs 13 Cr
Net profit (TTM)Rs 22 Cr
Net profit (latest year)Rs 20 Cr
Net profit (latest quarter)Rs 7 Cr
Depreciation (TTM)Rs 0 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 336 Cr
Total expenditure (latest year)Rs 339 Cr
Total income (latest year)Rs 374 Cr
Share capitalRs 54 Cr
ReservesRs 73 Cr
Shareholders' fundsRs 127 Cr
Total assetsRs 325 Cr
Net blockRs 0 Cr
InvestmentsRs 0 Cr
ReceivablesRs 321 Cr
Other liabilitiesRs 167 Cr
Shares outstanding (crore)53.87
Ownership
Promoter holding0.04% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 1.4 is the lowest in its own 4.6-year history (median 9.2, low 1.4, high 60.6).
P/B 0.24 is the lowest in 5.6 years (median 2.15).
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.
Not enough price history.

Red flags

F-score 4 of 8
explainWeak cash conversion Cash from operations was -131% of net profit over the last 3 years
explainHigh accruals Profit exceeded operating cash by 20% of total assets in 2024
explainReceivables outrunning sales Receivables grew 113% vs sales -13% in 2024
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 2024
Sales ₹151 Cr +51.9% vs Jun 2023. Net profit ₹7 Cr +39.4%.

Activity

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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 Seacoast Shipping Services Ltd?

Seacoast Shipping Services Ltd (542753) has a market capitalisation of Rs 49.6 Cr. at the close.

What is the P/E ratio of Seacoast Shipping Services Ltd?

Seacoast Shipping Services Ltd trades at a P/E of 2.22 on trailing twelve-month profit, at the close.

What were Seacoast Shipping Services Ltd's latest quarterly results?

In the Jun 2024 quarter, Seacoast Shipping Services Ltd sales was Rs 151 Cr (+51.9% vs Jun 2023) and net profit was Rs 7 Cr.

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