Shahi Shipping Share Price

Shahi Shipping Limited, with its registered office in Mumbai, operates as a shipping and logistics company providing coastal and overseas transportation services. The company was incorporated in 1984. Shahi Shipping transports bulk cargo, containers, and offers lighterage operations for petroleum and chemical products across Indian ports. 

The share price on the NSE and BSE is a reflection of how market participants respond to a performance and broader business developments within its industry. It captures the company’s sentiment of the investors based on financial results, operational updates, macroeconomic factors, and trends specific to sectors. Movements in the share price͏ reveal how the market evaluates the company’s current position and its future prospects, making ͏it a key indicator of market perception across various industries. 

The Shahi Shipping stock price is influenced by factors such as global crude oil price movements (affecting fuel costs), changes in port tariffs, competition from larger logistics players, and cyclical demand in the international maritime trade (Baltic Dry Index). In the longer run, strategies like fleet modernisation and securing long-term charters affect stock market sentiments. All these factors need to be monitored to understand the stock’s performance. 

Shahi Shipping live share price provides real-time data on the last traded price, bid and ask prices, and trading volume. These indicators reflect market activity and liquidity, capturing investor responses to quarterly results, fleet addition announcements, and news on freight rates. Constant monitoring of the Shahi Shipping live price helps observe short-term price volatility and shows how the stock moves relative to the broader BSE Services index. Monitoring Shahi Shipping stock price movements helps investors understand real-time market sentiment, price fluctuations, and trading behaviour, allowing them to assess the impact of seasonal demand for coastal shipping and regulatory changes on the company‘s valuation. 

Shahi Shipping Limited Company Fundamentals 

A. Company Background

Shahi Shipping Limited was incorporated in 1984 and is headquartered in Mumbai, Maharashtra. The company is a small-cap player in the Indian shipping and logistics industry, with a market capitalisation of approximately ₹19.70-21.03 crore. The company provides coastal and overseas shipping services, transporting bulk cargo and containers across Indian ports. Its business segments include container liquid cargo lighterage operations for petroleum and chemical products, lighterage operations of bulk cargo, and the container feeder business, as well as supplying bunkers to vessels. The company has faced operational challenges in recent years, reflected in declining revenue and negative net income. Financial health is assessed through standard metrics such as revenue growth, operating margins, and charter hire income. Overall fundamentals are influenced by global trade volumes, fuel price volatility, and the cyclical nature of the shipping industry, where the Baltic Dry Index serves as a key indicator. 

B. Company Product Lines

• Container Liquid Cargo Lighterage: Lighterage operations for transporting petroleum and chemical products between vessels and ports. 

• Bulk Cargo Lighterage: Transportation of dry bulk commodities like coal, iron ore, and grains using lighterage vessels. 

• Container Feeder Business: Feeder vessel services that shuttle containers between major ports and smaller, less accessible ports. 

• Bunker Supply: Provision of fuel (bunkers) to vessels calling at Indian ports. 

The product portfolio is structured to serve logistics companies, commodity traders, and industrial clients. 

C. Company Revenue Model

• Domestic Sales: Revenue generated through charter hire and freight income from transporting coastal cargo between Indian ports. 

• Service Income: Fee-based income from lighterage operations and bunker supply services to visiting vessels. 

• Institutional and Bulk Contracts: Long-term or spot contracts with shipping lines, traders, and industrial companies. 

Performance is heavily influenced by the volume of cargo shipped (in metric tonnes), the charter rates per day, and the cost of key inputs like fuel and crew salaries. 

D. Geographic Presence

• Registered Office: Mumbai, Maharashtra, India 

• Operational Area: Primarily along the Indian coastline, operating out of major and minor ports. 

• International Presence: Overseas shipping operations on routes connecting Indian ports 

E. Key Milestones

• 1984: Incorporation of Shahi Shipping Limited on October 17 

• 2000s: Established presence in coastal shipping and lighterage operations 

• Recent years: The name “Shahi Shipping” is often confused with other logistics entities, but the company continues operations in its niche segment 

Shahi Shipping Limited Stock Performance and Share Price History 

The Shahi Shipping share price on the BSE has exhibited significant volatility and a long-term declining trend, shaped by the company’s struggle to generate sustainable profitability in the volatile shipping industry. The Shahi Shipping share price has given a negative return of approximately -21.61% over the last 1 year, drastically underperforming the broader market. Over the last 3 years, the Shahi Shipping share price has delivered a negative return of -61.2%, and over 5 years, a negative return of -55.0%, indicating severe long-term value erosion for shareholders. The Shahi Shipping share price trades at around ₹15.67 on the BSE as of May 2026. The Shahi Shipping share price reached a 52-week high of ₹25.94 and a 52-week low of ₹13.25, indicating a wide trading range and a decline of nearly 50% from its peak. The Shahi Shipping share price has shown a 1-month return of approximately 5% and a year-to-date return of 3.13% as of April 2026, reflecting short-term volatility, but the longer-term trend remains deeply negative. 

The Shahi Shipping stock price has been particularly responsive to broader economic indicators and freight market trends rather than company-specific news, given its micro-cap status and low trading liquidity. When global trade volumes show signs of weakness or the Baltic Dry Index declines, the Shahi Shipping stock price has shown negative reactions. The Shahi Shipping share price has shown a pattern of sharp declines followed by extended periods of consolidation with low trading volumes. Corporate developments have not meaningfully influenced the share price due to the company’s inability to report sustained positive earnings. The Shahi Shipping share price has underperformed the BSE Services index over 1-year, 3-year, and 5-year periods by wide margins. 

The Shahi Shipping share price decline has been driven by several factors: persistently weak charter hire income due to an oversupply of vessels in the coastal shipping segment, high operating costs (including crew wages and fuel) that have consumed a significant portion of revenue, an ageing fleet requiring high maintenance expenditure, and a highly leveraged balance sheet with high interest costs. The Shahi Shipping share price has a trailing twelve-month EPS of -₹2.42, making its P/E ratio negative and not meaningful for valuation purposes. The company’s revenue for TTM stands at ₹7.94 crore, a decline of -31.9% year-on-year, with a net loss of -₹3.50 crore. The Shahi Shipping share price has a negative return on equity (ROE) of -49.91% and a negative return on capital employed (ROCE) of -49.91%, indicating that the company is destroying shareholder value. The Shahi Shipping share price has a Beta coefficient of -0.18 to 0.91, indicating low to moderate correlation with the broader market, though illiquidity makes this measure less reliable. Historically, 42% of months have shown positive returns, with the average monthly return standing at -1.8% over the past 5 years. The stock’s volatility has been high, with sharp swings on low volume. 

The Shahi Shipping share price has shown that the stock tends to perform better in periods of high global trade volume and rising freight rates, while underperforming during phases of economic slowdown and oversupply of vessels. The Shahi Shipping share price has delivered its strongest annual return of 85% in 2004, but has consistently underperformed in recent years. The Shahi Shipping share price has shown negative annual returns in 2023, 2024, and 2025. The worst monthly return was -30% in March 2020 during the COVID-induced market crash. The average monthly volatility of the Shahi Shipping share price is approximately 8.5%, which is higher than 75% of Indian stocks. 

Shahi Shipping Limited Investor Relevance and Role in Portfolio 

Shahi Shipping Limited is a speculative holding with a highly distressed profile in micro-cap logistics portfolios. Its inclusion in small-cap indices is largely nominal due to its past market presence. The Shahi Shipping share price is influenced by the company’s ownership structure. 

Shahi Shipping‘s equity is held by a mix of promoters and public shareholders. Promoters hold 73.11% of the company’s total shares. Foreign institutional investors have negligible holdings. Mutual funds do not hold any stake in the company. Domestic institutional investors also hold no shares. Retail investors account for the remaining stake. 

Beyond fundamentals and ownership, the Shahi Shipping share price is actively monitored in cash market segments, where trading volumes are thin and can lead to sharp price swings. The stock is available for trading only on the BSE platform. Technical indicators provide insight into short-term momentum shifts in the Shahi Shipping share price. In the short-term and weekly timeframe, the stock has exhibited low correlation with broader market trends due to its speculative micro-cap nature. 

Based on data, the long-term beta of Shahi Shipping stands at -0.18, indicating that the Shahi Shipping share price has an inverse correlation with the broader market over extended periods. On a daily basis, the beta values vary, with a one-month daily range of 0.91 and a three-month daily range of 0.85, both suggesting moderate sensitivity in short-term trading. Moving to weekly observations, the one-year weekly beta is 0.62, showing lower-than-market sensitivity, while the two-year weekly beta stands at 0.48, indicating moderate fluctuations over medium-term cycles. The two-week two-year range is 0.55, highlighting consistent low correlation. The monthly two-year beta is 0.35, further supporting low responsiveness to broader market trends. Supporting statistics such as mean values (ranging from ₹15 to ₹22) and standard deviations (from 1.5 to 3.2) further indicate moderate variability in performance across periods. Overall, the Shahi Shipping share price demonstrates a low volatility profile with negative correlation, making it relatively insensitive to broader market movements. 

Shahi Shipping Limited Sectoral Relevance and Peer Positioning 

Shahi Shipping Limited‘s sector relevance is minimal, being a tiny player in the highly competitive shipping industry. It has no meaningful market share and operates in a niche segment. Peer comparisons with larger companies like The Great Eastern Shipping Company, Shipping Corporation of India, SEAMEC, Essar Shipping, and Shreyas Shipping are not meaningful due to vast scale differences. These benchmarks highlight Shahi Shipping’s extreme vulnerability compared to larger, better-capitalised players. 

Shahi Shipping market cap has fluctuated between ₹15 crore and ₹30 crore over the past decade, currently around ₹20 crore. This represents a 60% decline from its peak of ₹50 crore in 2008. The market cap has moved inversely to the size of its fleet, which has remained stagnant, reflecting a loss of investor confidence. The Shahi Shipping market cap is just 0.1% of the industry leader’s valuation. 

Shahi Shipping earnings have been consistently negative over the last 10 years, with cumulative losses exceeding ₹20 crore. The company reported a net loss of -₹3.50 crore in TTM and -₹2.80 crore in FY2025. The loss-making streak has continued for 8 consecutive quarters, with no signs of operational turnaround. The Shahi Shipping earnings have been hurt by high interest costs of ₹1.5 crore annually and depreciation of ₹2.2 crore. 

Shahi Shipping EPS has remained negative for the last 5 years, with TTM EPS of -₹2.42 and annual EPS of -₹2.46 for FY2025. The diluted EPS has declined from -₹0.50 in 2020 to -₹2.42 in 2025, representing a 384% decline over 5 years. The company has never reported a positive EPS since 2018. 

Shahi Shipping P/E ratio is not applicable because earnings are negative. The negative P/E ratio of -5.95 confirms the company’s unprofitable status. The P/B ratio is 15.84, which is an unsustainable premium to its book value of just ₹0.81 per share. The P/B premium of over 1,800% to its peers indicates severe overvaluation relative to net assets, which are largely illiquid vessels. 

Summary 

Shahi Shipping is a severely distressed micro-cap shipping company listed on the BSE, where the Shahi Shipping share price reflects the highly cyclical nature of the shipping industry, weak charter rates, and a high-risk profile within the micro-cap logistics sector. Its representation in stock indices is largely due to past market presence, while investor interest is non-existent given consistent operating losses.