What we do Shreeji Shipping Global Ltd provides integrated shipping and logistics solutions for dry bulk cargo at ports across India and Sri Lanka, including cargo handling, transportation, and fleet services. |
Founded in 1,995 |
Market share A key player in dry bulk cargo logistics, primarily serving non-major West Coast Indian ports and select overseas locations. |
Problem solved Enables efficient loading, unloading, and inland transportation of dry bulk materials, addressing logistical challenges at major and minor ports. |
Top clients or who we serve Clients across industries requiring transportation of coal, clinker, bauxite, cement, salt, fertilizer, iron-ore, pet coke, and other commodities; serving B2B clients. |
Key management Ashokumar Haridas Lal (Chairman & Managing Director), Jitendra Haridas Lal (Joint Managing Director) |
Our journey and innovations Evolved from a partnership in 1995 to a public limited company in 2024 with over 80 vessels and 370+ equipment supporting ports in India and Sri Lanka. |
Where we operate Over 20 ports including major Indian ports like Kandla, multiple non-major Indian ports, and Puttalam Port in Sri Lanka. |
Top products or what we offer Cargo handling (STS lighterage, stevedoring), inland transportation, fleet chartering, and ancillary logistics services. |
Top brands - |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue primarily recurring from shipping and logistics contracts, with operational cyclicity aligned to commodity and port activity. |
Our industry position Established leader in dry bulk cargo logistics at regional ports with expanding footprint and strategic fleet capabilities. |
Financial highlights FY 2024-25 revenue Rs. 5840.82 million; net profit Rs. 1439.69 million; IPO raised Rs. 410.71 crore; operating profits strong since incorporation. |
Geographical revenue split ~93% revenue from within India Rs. 564.11 Cr; ~7% from outside India Rs. 43.51 Cr (Sri Lanka and other markets). |
Order book - |
Whats driving growth Infrastructure expansion, focus on non-major ports, strategic fleet additions, and diversification into manpower services support growth momentum. |
Our future plans Expand port services and logistics offerings; form SPVs and joint ventures; diversify into manpower supply sector for sustained growth. |
Our green promise - |
Our people and values Led by experienced founders; committed to diversity, ethics, and employee engagement fostering a high-performance culture. |
Key challenges ahead Market cyclicality, operational risks in port logistics, regulatory compliance, and competition in dry bulk cargo handling. |
Interesting facts Achieved record coal handling of 36,376 MT in a single day at Kandla anchorage; flagship firm of the Shreeji Group. |
Risks and strategy Mitigates operational and market risks through diversified services, strong fleet, compliance, and strategic capital raising. |