Sadhav Shipping Reports Financial Results and Expands Presence in Port and Offshore Services
Sadhav Shipping Limited released its audited financial results and an investor presentation detailing its performance for the half year and year ended March 31, 2026. The company highlighted significant operational wins and strategic expansion across various maritime segments, positioning itself as a key enabler of the national maritime vision.Operational Highlights and Strategic Growth
The company achieved several key operational milestones during the fourth quarter and fiscal year 2026. Sadhav secured a contract for Chennai Port mooring services, valued at 7.35 Cr, which involves the deployment of 36 skilled personnel over three years. Operations at Chennai Port commenced on April 2, 2026, including the deployment of manpower and operational infrastructure.Furthermore, Sadhav received a repeat order worth 4.67 Cr from the Paradip Port Authority for Oil Spill Response operations spanning five years during FY26. The company also secured an offshore vessel services order valued at 6.33 Cr from a major private defense company and commenced long-term mooring operations at Paradip Port.
These achievements strengthen the company's presence across port services, offshore logistics, and specialized marine solutions.
Financial Performance Summary
According to the management comment, the operational momentum helped drive key financial figures. For the fourth quarter of FY26, Sadhav Shipping reported a Revenue of 34.34 crore, EBITDA of 7.41 crore, and PAT of 3.15 crore. Over the full fiscal year (FY26), the company reported a Revenue of 97.55 crore, with EBITDA and PAT recorded at 25.82 crore and 14.72 crore, respectively.The company's Profit & Loss Statement presented the following quarterly figures:
| Particulars (Rs. Cr) | Q4 FY26 | Q3 FY26 | QoQ% |
|---|---|---|---|
| Revenue from operations | 34.3 | 28.2 | +22% |
| Other income | 0.5 | 0.2 | |
| Total income | 34.9 | 28.4 | |
| Cost of Materials Consumed | 17.2 | 15.3 | |
| Employee benefits expense | 4.0 | 4.3 | |
| Other expenses | 6.2 | 2.9 | |
| EBITDA | 7.4 | 5.86 | +26% |
| EBITDA Margin | 21.2% | 20.8% | |
| Depreciation and amortisation expense | 2.0 | 2.2 | |
| Finance costs | 1.9 | 2.0 | |
| Profit before tax | 3.51 | 1.6 | +114% |
| Total Tax (Deferred) | 0.4 | 5.8 | |
| PAT | 3.2 | 7.4 | -57% |
| PAT Margins | 9.0% | 26.2% | |
| EPS (Basic) | 1.07 | 5.2 |
The Half Yearly and Annual financial performance data are presented below:
Half Yearly Financial Results (H2 FY26)
| Particulars (Rs. Cr) | H2 FY26 | H2 FY25 | YoY% |
|---|---|---|---|
| Revenue from operations | 62.56 | 59.28 | +5.5% |
| Other income | 0.72 | 0.32 | |
| Total income | 63.28 | 59.60 | |
| Cost of Materials Consumed | 32.51 | 28.25 | |
| Employee benefits expense | 8.35 | 7.49 | |
| Other expenses | 9.16 | 4.46 | |
| EBITDA | 13.27 | 19.41 | -31.6% |
| EBITDA Margin | 21.2% | 32.7% | |
| Depreciation and amortisation expense | 4.21 | 4.07 | |
| Finance costs | 3.90 | 4.60 | |
| Profit before tax | 5.16 | 10.74 | -52.0% |
| Total Tax | (5.40) | 3.54 | |
| PAT | 10.55 | 7.20 | +46.5% |
| PAT Margins | 16.9% | 12.1% | |
| EPS (Basic) | 6.22 | 5.02 |
Annual Financial Results (FY26)
| Particulars (Rs. Cr) | FY26 | FY25 | YoY% |
|---|---|---|---|
| Revenue from operations | 97.6 | 96.9 | +1% |
| Other income | 1.0 | 0.58 | |
| Total income | 98.6 | 97.4 | |
| Cost of Materials Consumed | 45.7 | 44.8 | |
| Employee benefits expense | 14.6 | 14.98 | |
| Other expenses | 12.5 | 6.33 | |
| EBITDA | 25.8 | 31.3 | -17% |
| EBITDA Margin | 26% | 32% | |
| Depreciation and amortisation expense | 8.4 | 7.47 | |
| Finance costs | 6.8 | 6.41 | |
| Profit before tax | 10.7 | 17.42 | -39% |
| Total Tax | -4.1 | 5.66 | |
| PAT | 14.7 | 11.75 | +25% |
| PAT Margins | 15% | 12% | |
| EPS (Basic) | 9.13 | 8.19 |
Company Profile and Future Focus
Incorporated in 1996 and headquartered in Mumbai, Sadhav Shipping operates as an integrated maritime services company. The company maintains a fleet of over 20 owned and chartered vessels and has a pan-India coastal presence across 7 Indian Ports.Its core focus areas include:
- Offshore logistics
- Port services
- Coastal logistics
- Oil spill response and specialized marine services
Looking ahead, Sadhav Shipping plans to focus on expanding its port services presence and strengthening offshore and coastal logistics. Key strategic areas include increasing participation and presence across major Indian ports, strengthening mooring and harbor operations capabilities, and focusing on long-term annuity-style contracts. The company also aims to strengthen its oil spill response and marine safety services.
SADHAV Stock Price Movement
Today, Sadhav Shipping Limited shares gained 5.87% to settle at ₹110 in post-market trading. The stock closed on a noticeable volume of 25,800 shares traded.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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