Transworld Ship Lines Ltd
NSE: TRANSWORLD · Shipping · sector
₹169.92NSE close 2026-10-26
Key numbers
Market cap₹373 cr
Price₹169.92
52w high / low₹258 / ₹112
P/E–Sector median 9.9x
P/B0.6xSector median 1.5x
Book value₹306.8
Dividend yield0.88%Sector median 1.38%
ROE-4.7%Sector median 9.5%
ROCE-0.7%Sector median 9.7%
OPM-5.3%Sector median 38.7%
Debt / equity0.43xSector median 0.31x
EV/EBITDA–Sector median 9.3x
Interest cover-0.3x
Current ratio1.09x
Sales growth 3y+4.3%Sector median -0.9%
Profit growth 3y–Sector median +15.8%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 10 companies in Shipping (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹46 cr vs borrowings ₹290 cr (FY26): borrowings are higher by ₹244 cr.
- Borrowings fell in each of the last 3 years (₹498 cr → ₹290 cr).
- Operating profit covered interest -0.3x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 1 of the last 5 years (FY22).
- Net loss in 5 of the last 8 quarters.
- Revenue was higher than a year earlier in 3 of the last 4 quarters.
- Debtor days went from 10 (FY24) to 31 (FY26).
- Dividend paid in 4 of the last 5 financial years.
- Price ₹169.92 on 2026-10-26: -34.1% from the 52-week high, +52.3% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹467.55 · low ₹126.45
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 125 | 117 | 111 | 95 | 98 | 132 | 132 | 102 |
| EBITDA | 48 | 43 | 22 | 18 | 20 | 6 | 1 | -52 |
| OPM % | 38.8% | 37.0% | 20.2% | 19.4% | 20.0% | 4.7% | 1.1% | -50.9% |
| Other income | 2 | 1 | 2 | 3 | 2 | 2 | 2 | 108 |
| Net profit | 21 | 15 | -5 | -8 | -9 | -25 | -30 | 30 |
| EPS (₹) | 9.69 | 6.96 | -2.13 | -3.56 | -4.17 | -11.52 | -13.44 | 13.44 |
| Revenue YoY | -21.4% | +13.2% | +19.7% | +8.0% | ||||
| Profit YoY | -143.0% | -265.7% | – | – |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 536 | 484 | 282 | 446 | 548 | 465 |
| EBITDA | 238 | 246 | 24 | 143 | 46 | -25 |
| Net profit | 211 | 197 | -51 | 34 | -75 | -34 |
| EPS (₹) | 96.12 | 89.67 | -23.23 | 15.44 | -34.18 | -15.69 |
| Revenue growth | -9.7% | -41.6% | +58.0% | +22.9% | +4.1% | |
| Profit growth | -6.7% | -125.9% | – | -321.4% | -243.3% | |
| Dividend / share (₹) | 2.00 | 2.50 | 1.50 | – | 1.50 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +4.3% | -0.4% | +4.1% |
| Net profit | – | – | -243.3% |
| EPS | – | – | – |
| Share price | – | – (2y) | -22.4% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 819 | 767 | 800 | 674 |
| Borrowings | – | 498 | 405 | 329 | 290 |
| Cash & equivalents | – | 27 | 51 | 82 | 46 |
| Total assets | – | 1,357 | 1,247 | 1,198 | 1,141 |
| Fixed assets | – | 1,043 | 944 | 902 | 790 |
| Capital work in progress | – | 0 | 0 | – | 0 |
| Investments | – | 66 | 0 | 0 | 0 |
| Receivables | – | 6 | 8 | 8 | 46 |
| Inventory | – | 19 | 10 | 10 | 12 |
| Payables | – | 23 | 50 | 41 | 106 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 118 | 231 | 19 | 169 | 92 |
| Cash from investing | -79 | -498 | 96 | -42 | 24 |
| Cash from financing | 15 | 227 | -129 | -115 | -116 |
| Capex | 284 | 493 | 43 | 0 | 39 |
| Free cash flow | -166 | -262 | -25 | 169 | 52 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 24.0% | -6.7% | 4.2% | -11.1% |
| ROCE % | – | 16.5% | -0.9% | 5.9% | -4.7% |
| Debtor days | – | 5 | 10 | 7 | 31 |
| Inventory days | – | 14 | 13 | 8 | 8 |
| Payable days | – | 18 | 65 | 33 | 70 |
| Cash conversion cycle (days) | – | 1 | -42 | -18 | -31 |
| Working capital days | – | 19 | 67 | 68 | 13 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 70.44% |
| Public (non-institutions) | 29.56% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 70.44% | 70.44% | 70.44% | 70.44% | 70.44% | 70.44% | 70.44% | 70.44% |
| Promoter group | % |
|---|---|
| Transworld Holdings Limited | 56.25% |
| Sivaswamy Ramakrishnan Iyer | 7.09% |
| Anisha V Ramakrishnan | 5.32% |
| Geeta Ramakrishnan Iyer | 0.99% |
| Ritesh Sivaswamy Ramakrishnan | 0.77% |
| Bhageerathi Iyer | 0.02% |
| Public holders above 1% | % |
|---|---|
| Investor Education And Protection Fund Authority Ministry Of Corporate Affairs | 1.30% |
| Ramesh Damani | 1.13% |
| Dipak Kanayalal Shah | 1.01% |
15,800 shareholders. Pledged: 0.00% of promoter shares.
Peers in Shipping
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| GESHIP | ₹21,878 cr | 5.8x | 1.3x | 24.0% | 22.0% | 61.9% | -1.7% | 1.88% |
| SHREEJISPG | ₹13,221 cr | 81.4x | 17.2x | 20.8% | 21.5% | 28.4% | – | 0.12% |
| SCI | ₹11,501 cr | 7.1x | 1.3x | 18.6% | 16.4% | 40.9% | -0.1% | 5.29% |
| SEAMECLTD | ₹4,006 cr | 15.6x | 3.1x | 22.2% | 18.5% | 41.1% | +29.6% | – |
| TRANSWORLD | ₹373 cr | – | 0.6x | -4.7% | -0.7% | -5.3% | +4.3% | 0.88% |
| ESSARSHPNG | ₹304 cr | 3.6x | – | – | – | 2,40,183.0% | -69.2% | – |
| GARWAOFFS | ₹108 cr | 9.9x | 0.9x | -8.5% | -2.1% | 36.5% | +6.5% | – |
| CHOWGULSTM | ₹76 cr | 39.1x | 1.7x | 0.5% | 3.0% | -34.1% | – | – |
| DATIWARE | ₹18 cr | 58.5x | – | – | – | 43.7% | -24.7% | – |
| SHAHISHIP | ₹15 cr | 6.5x | 31.1x | -162.5% | -20.4% | -23.3% | -16.0% | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Shipping | ₹357 cr | 64.4% | ₹78 cr | 21.8% |
| Freight Forwarding | ₹182 cr | 32.8% | ₹32 cr | 17.6% |
| Others | ₹15 cr | 2.8% | ₹3 cr | 16.7% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2025-07-25 | Dividend | Dividend - Rs 1.50 Per Share |
| 2023-09-07 | Other | Annual General Meeting |
| 2023-09-07 | Dividend | Dividend - Rs 1.50 Per Share |
| 2022-09-13 | Dividend | Dividend - Rs 2.50 Per Share |
| 2021-09-15 | Dividend | Dividend - Rs 2 Per Share |
| 2020-09-04 | Other | Annual General Meeting |
| 2019-07-11 | Dividend | Dividend - Rs 1.20 Per Share |
| 2018-07-11 | Dividend | Dividend- Rs 1.50 Per Share |
| 2017-07-12 | Dividend | Dividend - Re 1/- Per Share |
| 2016-07-12 | Dividend | Annual General Meeting/ Dividend - Rs 1.30/- Per Share |
| 2015-07-09 | Dividend | Annual General Meeting/Dividend - Rs 1.30/- Per Share |
| 2015-02-24 | Dividend | Interim Dividend Re 0.70 Per Share |
| 2014-08-01 | Dividend | Annual General Meeting/Dividend @ Re.0.60/- |
| 2013-07-11 | Dividend | Annual General Meeting / Dividend - Re 0.60/- Per Share |
| 2012-07-12 | Dividend | Annual General Meeting/Dividend Re 0.50 Per Share |
| 2011-08-08 | Dividend | Annual General Meeting And Dividend Re.0.60 Per Share |
| 2010-11-04 | Dividend | Interim Dividend-Re.0.50 Per Share |
| 2010-09-08 | Other | Annual General Meeting |
| 2009-09-11 | Other | Annual General Meeting |
| 2008-09-11 | Dividend | Agm/Dividend - 20% |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Water transport (Ship owing & ship chartering): Sea and Coastal freight water transport
| Sector | Services |
| Industry | Shipping |
| Sub-industry | Shipping |
| Symbol | TRANSWORLD |
| BSE code | 520151 |
| ISIN | INE757B01015 |
| Face value | ₹10.0 |
| Incorporated | 1988-08-16 |
| Website | www.transworld.com |
| Plants (India / abroad) | 0 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.