What we do Shahi Shipping Ltd operates primarily in sea logistics, providing cargo transportation and bunkering services along Indian coasts, specializing in inland water operations with a fleet of vessels. |
Founded in 1,985 |
Market share Pioneer in Indian transshipment with a fleet of 8-27 multipurpose cargo vessels servicing private and government clients. |
Problem solved Offers cost-effective sea logistics and fuel distribution solutions, reducing congestion and enhancing cargo transport efficiency in Indian coastal ports. |
Top clients or who we serve Serves private companies and government bodies including Indian Oil Corporation; B2B focus in coastal shipping and logistics. |
Key management - |
Our journey and innovations Founded as partnership in 1985; transitioned to public company in 1993; pioneered transshipment operations; fleet expansion and JV with Inland Waterways Authority. |
Where we operate Operations in Mumbai Harbor, Goa, Haldia Dock Complex, and coastal Indian ports including JNPT, Goa, Jamnagar, Kandla, Kochi, Kolkata. |
Top products or what we offer Cargo transport via a fleet of vessels sized 150 to 3500 DWT; inland water lighterage; bunkering services; dry dock with bulk carriers. |
Top brands - |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue largely from recurring contracts and operations related to cargo shipping and fuel distribution. |
Our industry position Experienced operator with a niche in coastal shipping, transshipment, and bunker services; stable relations with government and private sectors. |
Financial highlights FY25 Revenue Rs. 10.58 Cr, EBITDA Rs. 3.20 Cr; experienced recent net loss due to exceptional items; stable historical profits. |
Geographical revenue split - |
Order book - |
Whats driving growth Fleet modernization, expansion of coastal shipping routes, strategic alliances, and increasing demand for inland water transportation. |
Our future plans Acquisition of new vessels; upgrades to energy-efficient ships; expansion of bunkering and pilot launch services. |
Our green promise Focus on energy-efficient vessels and sustainable operations to reduce environmental impact in marine logistics. |
Our people and values Strong leadership with experienced personnel; emphasis on ethics, compliance, and employee safety. |
Key challenges ahead Market volatility, high capital costs, regulatory environment, and competition in coastal logistics sector. |
Interesting facts First company in India to build 3000 DWT multipurpose cargo vessels and pioneer transshipment operations. |
Risks and strategy Risk management policy in place; diversification of services and upgrading fleet to mitigate operational and market risks. |
