Seacoast Shipping Services Ltd (SEACOAST) — shareholding pattern, promoter holding, financials and share price
About Seacoast Shipping Services Ltd (SEACOAST)
Seacoast Shipping Services Ltd operates in the Logistics Solution Provider industry, within the Services sector. It trades on the NSE as SEACOAST and on the BSE under scrip code 542753. Its ISIN is INE277T01024.
Incorporated in 2005, Seacoast Shipping provides logistics services to exporters and importers [1]
Seacoast Shipping Services Limited provides comprehensive logistics services, specializing in single window solutions for exporters and importers, with a focus on dry bulk and container freight forwarding.
Initially a freight forwarder and shipping agent, the company has transitioned into an international ship operator, handling 5.0 million metric tons of cargo annually across global oceans.
Listed peers in Logistics Solution Provider: Cargotrans Maritime Ltd, Shreeji Translogistics Ltd, Sunsky Logistics Ltd, Neptune Logitek Ltd, Rapid Multimodal Logistics Ltd, Shipwaves Online Ltd.
Valuation & Returns
At ₹0.92 a share, Seacoast Shipping Services Ltd (SEACOAST) was valued at a price-to-earnings ratio of 2.22x against an industry P/E of 23.33x and a price-to-book of 0.39x on a book value of ₹2.36 per share. Solomo computes return on equity of 15.95% and return on capital employed of 22.29% from filed results.
- P/E
- 2.22x
- Industry P/E
- 23.33x
- P/B
- 0.39x
- EPS (TTM)
- ₹0.43
- Book value / share
- ₹2.36
- ROE
- 15.95%
- ROCE
- 22.29%
- ROA
- 6.87%
- Debt / equity
- 0.24x
- Dividend yield
- 0%
- EBITDA margin
- 8.73%
- 52-week range
- ₹0.8 – ₹2.51
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2024In the year ended Mar 2024, Seacoast Shipping Services Ltd (SEACOAST) reported revenue of ₹374 crore, net profit of ₹20 crore and earnings per share of ₹0.38. That compares with revenue of ₹430 crore and net profit of ₹14 crore in Mar 2023. Figures are standalone, as filed with the exchanges.
In the quarter ended Dec 2021, revenue was ₹181.62 crore and net profit ₹5.24 crore (consolidated).
| Metric | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 1 | 243 | 128 | 430 | 374 |
| Net profit (₹ cr) | 0 | 11 | 3 | 14 | 20 |
| EPS (₹) | 0.01 | 0.21 | 0.05 | 0.27 | 0.38 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 200.41% | 219.33% | 835.72% | 236.13% |
| Profit growth | - | 255.83% | 712.91% | 460.00% |
| Stock price CAGR | - | -47% | -39% | -62% |
Ownership Summary
Dec 2024As of Dec 2024, promoters hold 0.04% of Seacoast Shipping Services Ltd (SEACOAST) (unchanged from the previous quarter). Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2019.
Largest disclosed public shareholders in Dec 2024: KRISHAN LAL WADHWA 1.71%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Dec 2024 | 0.04% | - | - | - | 99.96% |
| Sep 2024 | 0.04% | - | - | - | 99.96% |
| Jun 2024 | 0.04% | - | - | - | 99.96% |
| Mar 2024 | 0.04% | - | - | - | 99.96% |
| Dec 2023 | 0.04% | - | - | - | 99.96% |
| Sep 2023 | 27.85% | - | - | - | 72.15% |
| Jun 2023 | 44.55% | - | - | - | 55.45% |
| Mar 2023 | 44.55% | - | - | - | 55.45% |