Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹408 Cr.
Stock P/E
-5.4
P/B
0.6
Current Price
₹186
Book Value
₹ 320.3
Face Value
10
52W High
₹253.7
52W Low
₹ 114.1
Dividend Yield
0%

Transworld Shipping Overview

Business

Transworld Shipping Lines Ltd. operates in the maritime shipping sector, primarily engaged in the transportation of cargo across various international and domestic routes. Its core business model revolves around offering freight services, often utilizing a fleet of container vessels, bulk carriers, or specialized ships. The company makes money by charging freight rates to customers for transporting their goods, as well as through chartering vessels or providing integrated logistics solutions that include port services, warehousing, and inland transportation. As a "Shipping Lines" company, its primary focus is typically on scheduled liner services, particularly for containerized cargo, serving trade lanes.

Revenue Mix

While specific revenue breakdown is not publicly available without financial reports, a shipping line typically derives revenue from:

Container Shipping: Transportation of containerized cargo on fixed routes and schedules.

Bulk Shipping: Carriage of dry bulk commodities (e.g., iron ore, coal, grain) or liquid bulk (e.g., oil, chemicals) if applicable.

Logistics & Ancillary Services: Freight forwarding, warehousing, inland trucking, custom clearance, and other value-added supply chain services.

Specific contributions from each segment would depend on the company's fleet composition and strategic focus.

Industry

The shipping industry is global, capital-intensive, cyclical, and highly competitive, influenced by global trade volumes and economic growth. The Indian shipping sector benefits from the country's growing economy, increasing international trade, and government initiatives to promote coastal shipping and port development. Transworld Shipping Lines Ltd., as part of the Transworld Group, is positioned as a notable player within the Indian maritime logistics landscape, likely with established trade routes and a focus on specific segments (e.g., India-Middle East, India-Far East) or types of cargo. Its positioning against larger global behemoths would be as a regional specialist or a niche player.

MOAT

Potential competitive advantages for Transworld Shipping Lines Ltd. could include:

Established Network & Routes: Long-standing presence on specific trade lanes and strong relationships with ports and customers.

Operational Efficiency: Ability to manage vessel operations, fuel costs, and port turnaround times efficiently.

Integrated Logistics: Offering end-to-end logistics solutions beyond just sea freight, enhancing customer stickiness.

Market Knowledge: Deep understanding of the Indian market, regulatory environment, and regional trade dynamics.

Scale (Regional): While not global giants, they might have sufficient scale within their chosen regional markets to achieve cost efficiencies.

Growth Drivers

Key factors that could drive growth for Transworld Shipping Lines Ltd. over the next 3-5 years include:

Global and Indian Trade Growth: Increasing exports and imports driven by economic expansion.

E-commerce & Supply Chain Modernization: Rising demand for efficient, reliable logistics services.

Fleet Expansion & Modernization: Investing in newer, more fuel-efficient, and larger vessels to expand capacity and routes.

Digitalization: Adoption of technology for route optimization, tracking, and customer service.

Government Initiatives: Policies promoting coastal shipping, port infrastructure development, and 'Make in India' initiatives boosting domestic manufacturing and trade.

Strategic Partnerships: Collaborations or alliances to expand network reach and service offerings.

Risks

Freight Rate Volatility: Shipping rates are highly sensitive to supply-demand imbalances, leading to significant fluctuations and impact on profitability.

Fuel Price Volatility: Bunker fuel is a major operating expense, and price spikes can compress margins.

Geopolitical & Trade Risks: Trade wars, sanctions, piracy, and disruptions in key maritime choke points can impact routes and costs.

Regulatory Changes: Environmental regulations (e.g., decarbonization targets, IMO 2020/2023) require significant investment in cleaner fuels or technologies.

Oversupply of Vessels: Industry cycles often lead to periods of overcapacity, depressing rates.

Economic Downturns: Global recessions or slowdowns directly reduce trade volumes.

High Capital Expenditure: Investing in vessels requires substantial capital, potentially leading to high debt levels.

Management & Ownership

Transworld Shipping Lines Ltd. is part of the Transworld Group, suggesting a strong promoter-driven ethos, common in Indian conglomerates. The quality of management would depend on their experience in the shipping sector, strategic vision, and ability to navigate cyclical industry challenges. Ownership structure, given it is "Ltd." and has a ticker, implies it's either publicly listed or has a broader ownership base than a purely private entity, with promoter holding likely being significant, typical for Indian companies.

Outlook

The outlook for Transworld Shipping Lines Ltd. is tied to the broader dynamics of global trade and the highly cyclical shipping industry.

Bull Case: A robust global economy, sustained growth in Indian trade, effective fleet management, strategic expansion into high-growth routes, and successful integration of logistics services could drive strong financial performance. Furthermore, efficient adaptation to new environmental regulations and technological advancements could provide a competitive edge.

Bear Case: A significant downturn in global trade, persistent overcapacity in the shipping market leading to prolonged low freight rates, escalating fuel prices, or unforeseen geopolitical disruptions could severely impact profitability. Heavy capital expenditures coupled with high debt in a challenging market could also pose financial risks. The company's ability to maintain competitive operational costs and adapt to market shifts will be crucial in mitigating these downside risks.

Transworld Shipping Share Price

Live · BSE / NSE · Inception: 1988
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Transworld Shipping Quarterly Results

#(Fig in Cr.) Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Net Sales 90 94 125 165 152 138 98 132 132 102
Other Income 17 2 2 1 2 3 2 2 2 108
Total Income 107 96 127 167 154 141 100 135 134 210
Total Expenditure 71 65 76 120 117 119 82 126 130 155
Operating Profit 35 31 50 46 37 22 18 8 4 56
Interest 9 8 8 9 8 7 6 7 6 6
Depreciation 23 20 20 22 22 23 24 26 25 20
Exceptional Income / Expenses 0 0 0 0 -13 0 4 0 -1 0
Profit Before Tax 3 3 22 15 -6 -8 -9 -24 -28 30
Provision for Tax 1 1 1 1 -0 1 1 1 1 1
Profit After Tax 2 2 21 15 -6 -9 -9 -25 -30 30
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 2 2 21 15 -6 -9 -9 -25 -30 30
Adjusted Earnings Per Share 1.1 0.9 9.7 6.7 -2.8 -4.1 -4.2 -11.5 -13.4 13.4

Transworld Shipping Profit & Loss

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
Net Sales 596 718 541 625 612 560 536 484 282 650 548 464
Other Income 5 6 4 2 4 4 6 19 46 9 9 114
Total Income 601 723 544 627 616 564 541 503 328 658 557 579
Total Expenditure 518 652 429 554 570 496 305 238 259 494 505 493
Operating Profit 82 72 115 73 47 68 237 265 70 164 52 86
Interest 12 15 13 19 19 17 12 18 37 35 27 25
Depreciation 19 21 19 21 18 15 19 48 80 86 100 95
Exceptional Income / Expenses 0 101 -1 1 -86 2 6 0 -0 -13 3 3
Profit Before Tax 51 137 96 34 -85 39 218 199 -48 30 -71 -31
Provision for Tax 2 31 4 0 -19 3 7 2 3 2 4 4
Profit After Tax 49 106 92 33 -66 36 211 197 -51 28 -75 -34
Adjustments -0 0 0 -4 0 9 0 0 0 0 0 0
Profit After Adjustments 49 106 92 30 -66 44 211 197 -51 28 -75 -34
Adjusted Earnings Per Share 22 48.3 41.9 13.6 -30.1 20.2 96.1 89.7 -23.2 12.7 -34.2 -15.7

Transworld Shipping Balance Sheet

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Shareholder's Funds 239 333 422 444 370 422 629 819 767 776 674
Minority's Interest 12 0 0 0 0 0 0 0 0 0 0
Borrowings 119 114 173 173 110 86 177 392 309 277 221
Other Non-Current Liabilities 15 33 29 29 10 12 2 3 7 9 28
Total Current Liabilities 152 121 156 207 234 181 106 144 164 202 216
Total Liabilities 537 602 781 853 724 700 914 1357 1247 1264 1139
Fixed Assets 288 263 384 409 400 374 640 1043 944 910 790
Other Non-Current Assets 72 188 190 191 88 85 28 145 87 73 60
Total Current Assets 175 151 206 252 236 241 246 170 216 281 235
Total Assets 537 602 781 853 724 700 914 1357 1247 1264 1139

Transworld Shipping Cash Flow

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Opening Cash & Cash Equivalents 30 7 10 7 9 5 7 62 22 11 21
Cash Flow from Operating Activities 54 29 59 59 58 58 118 231 19 175 92
Cash Flow from Investing Activities -125 -12 -124 -56 6 13 -79 -498 96 -49 24
Cash Flow from Financing Activities 62 -14 63 -2 -67 -69 15 227 -129 -116 -116
Net Cash Inflow / Outflow -10 3 -3 2 -3 2 55 -40 -15 10 -0
Closing Cash & Cash Equivalent 21 10 7 9 5 7 62 22 8 21 21

Transworld Shipping Ratios

# Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Earnings Per Share (Rs) 21.97 48.3 41.91 13.56 -30.12 20.16 96.12 89.66 -23.23 12.72 -34.18
CEPS(Rs) 31.06 57.66 50.57 24.74 -21.96 23.09 104.85 111.29 13.04 51.71 11.41
DPS(Rs) 1.3 1 1.5 1.2 0 2 2.5 1.5 0 1.5 0
Book NAV/Share(Rs) 107.94 151.77 192.35 202.09 168.66 192.2 286.57 372.85 349.06 353.21 306.82
Core EBITDA Margin(%) 12.96 9.17 20.63 11.26 7.01 11.45 43.16 50.87 8.45 23.95 7.98
EBIT Margin(%) 10.68 21.15 20.19 8.44 -10.71 9.91 42.97 45.02 -3.65 10.03 -8.19
Pre Tax Margin(%) 8.64 19.12 17.82 5.41 -13.89 6.93 40.72 41.21 -16.83 4.6 -13.03
PAT Margin (%) 8.31 14.73 17.03 5.35 -10.8 6.37 39.39 40.7 -18.06 4.3 -13.69
Cash Profit Margin (%) 11.45 17.64 20.54 8.69 -7.87 9.05 42.97 50.52 10.14 17.48 4.57
ROA(%) 10.76 18.57 13.32 4.1 -8.39 5.01 26.15 17.34 -3.92 2.22 -6.25
ROE(%) 23.01 37.08 24.36 7.72 -16.25 9.01 40.15 27.19 -6.44 3.62 -10.36
ROCE(%) 16.81 31.93 18.28 7.39 -9.51 8.8 30.92 19.96 -0.83 5.66 -4.29
Receivable days 60.7 52.46 78.27 84.64 90.58 92.5 47.69 6.56 9.12 13.54 28.72
Inventory Days 5.73 6 12.1 13.29 10.66 12.79 11.57 9.99 18.79 5.62 7.13
Payable days 0 0 0 0 0 0 0 0 0 0 0
PER(x) 11.77 6.58 12.18 14.97 0 3.52 3.89 2.66 0 19.72 0
Price/Book(x) 2.39 2.1 2.65 1 0.23 0.37 1.3 0.64 0.74 0.71 0.38
Dividend Yield(%) 0.5 0.31 0.29 0.59 0 2.82 0.67 0.63 0 0.6 0
EV/Net Sales(x) 1.28 1.2 2.54 1.18 0.55 0.62 1.85 2.06 3.39 1.28 0.93
EV/Core EBITDA(x) 9.29 12.07 11.95 10.11 7.22 5.12 4.18 3.75 13.74 5.06 9.72
Net Sales Growth(%) 9.1 20.49 -24.67 15.58 -1.97 -8.57 -4.32 -9.71 -41.63 130.04 -15.59
EBIT Growth(%) -18.17 138.57 -28.11 -44.38 -224.43 197.37 314.89 -5.39 -104.73 732.52 -168.89
PAT Growth(%) -19.84 113.59 -12.94 -56.97 -297.73 162.05 491.4 -6.71 -125.91 154.75 -368.74
EPS Growth(%) -20.14 119.85 -13.23 -67.66 -322.17 166.93 376.78 -6.71 -125.91 154.75 -368.74
Debt/Equity(x) 0.86 0.53 0.62 0.67 0.72 0.48 0.37 0.61 0.53 0.46 0.43
Current Ratio(x) 1.15 1.24 1.32 1.22 1.01 1.33 2.33 1.18 1.32 1.4 1.09
Quick Ratio(x) 1.08 1.13 1.18 1.11 0.96 1.19 2.26 1.05 1.25 1.35 1.03
Interest Cover(x) 5.22 10.38 8.55 2.79 -3.37 3.33 19.11 11.82 -0.28 1.85 -1.69
Total Debt/Mcap(x) 0.36 0.25 0.23 0.67 3.11 1.3 0.29 0.95 0.71 0.64 1.14

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -16% +4% 0% -1%
Operating Profit CAGR -68% -42% -5% -4%
PAT CAGR -368% 0% 0% 0%
Share Price CAGR -25% -15% -12% -4%
ROE Average -10% -4% +11% +13%
ROCE Average -4% 0% +10% +11%

Transworld Shipping Shareholding Pattern

Latest · Sep 2026
100% held
Promoters 70.44 %
FII 0 %
DII (MF + Insurance) 0 %
Public (retail) 29.56 %
# Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026 Sep 2026
Promoter 70.4470.4470.4470.4470.4470.4470.4470.4470.4470.44
FII 000.510.080.01000.0100
DII 0000000000
Public 29.5629.5629.0529.4829.5529.5629.5629.5529.5629.56
Others 0000000000
Total 100100100100100100100100100100

Transworld Shipping Peer Comparison

Transworld Shipping Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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Transworld Shipping Pros & Cons

Pros

  • Stock is trading at 0.6 times its book value
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of -4% over the last 3 years.
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