Chowgule Steam

Why is Chowgule Steamships Ltd falling/rising?

As of 08-Jul, Chowgule Steamships Ltd's stock price is declining, currently at 21.99, down 1.92% and has lost 5.13% over the last three days. Investor participation is decreasing, with trading volumes falling, indicating a lack of confidence, while the stock shows short-term weakness despite being above longer-term moving averages.

As of 08-Jul, Chowgule Steamships Ltd's stock price is falling, currently at 21.99, which reflects a decrease of 0.43 or 1.92%. The stock has been on a downward trend, having lost value for the last three consecutive days, resulting in a total decline of 5.13% during this period. Additionally, the stock's performance today is described as inline with the sector, but it is noteworthy that the stock has experienced a significant drop of 3.55% over the past week, while the benchmark Sensex has only decreased by 0.54%.<BR><BR>Investor participation appears to be declining, as evidenced by a delivery volume of 3.41k on July 7, which has fallen by 7.38% compared to the 5-day average. This reduction in trading activity may indicate a lack of confidence among investors. Furthermore, while the stock is trading above its 100-day and 200-day moving averages, it is below its 5-day, 20-day, and 50-day moving averages, suggesting a short-term weakness in price momentum. Overall, these factors contribute to the current downward movement in the stock price of Chowgule Steamships Ltd.

Which are the latest news on Chowgule Steam?

How big is Chowgule Steam?

As of 10th June, Chowgule Steamships Ltd has a market capitalization of 77.00 Cr, with recent net sales of 2.95 Cr and a net profit of 4.35 Cr. The balance sheet for March 2023 shows shareholder's funds at a loss of 61.14 Cr and total assets valued at 45.28 Cr.

As of 10th June, Chowgule Steamships Ltd has a market capitalization of 77.00 Cr, categorized as a Micro Cap.<BR><BR>In the latest four quarters, the company reported Net Sales of 2.95 Cr and a Net Profit of 4.35 Cr.<BR><BR>The latest annual period for the balance sheet is March 2023, showing Shareholder's Funds at a loss of 61.14 Cr and Total Assets valued at 45.28 Cr.

Who are in the management team of Chowgule Steam?

The management team of Chowgule Steam includes Rohini V Chowgule (Director), Vijay V Chowgule (Chairman), Rinky Gupta (Company Secretary), Ramesh Laxmanrao Chowgule (Director), and independent directors Amit Khandelwal, Mangesh S Sawant, and Deepak Balkrishna Jadhav.

The management team of Chowgule Steam includes the following individuals:<BR><BR>1. Rohini V Chowgule - Director<BR>2. Vijay V Chowgule - Chairman (Non-Executive)<BR>3. Rinky Gupta - Company Secretary & Compliance Officer<BR>4. Ramesh Laxmanrao Chowgule - Director<BR>5. Amit Khandelwal - Independent Director<BR>6. Mangesh S Sawant - Independent Director<BR>7. Deepak Balkrishna Jadhav - Independent Director<BR><BR>If you have any more questions about the company or its management, feel free to ask!

Who are the peers of the Chowgule Steam?

Chowgule Steam's peers include Flomic Global, Chart.Logistics, Accuracy Shipping, Kesar Terminals, Shreeji Translog, Ashapura Logistics, Total Transport, Kaushalya, and Brace Port. In terms of management risk, Chowgule Steam has below average risk, with a 1-year return of -19.69%, better than Kesar Terminals but worse than Flomic Global.

Peers: The peers of Chowgule Steam are Flomic Global, Chart.Logistics, Accuracy Shippi., Kesar Terminals, Shreeji Translog, Ashapura Logi., Total Transport, Kaushalya, Brace Port.<BR><BR>Quality Snapshot: Excellent management risk is observed at Flomic Global and Brace Port, while Good management risk is found at Shreeji Translog. Average management risk is present at Total Transport, while Below Average management risk is noted at Chart.Logistics, Accuracy Shippi., Chowgule Steam, Ashapura Logi., Kaushalya, and the rest. Kesar Terminals does not qualify for management risk assessment. For growth, Average growth is seen at Chowgule Steam and Flomic Global, while Below Average growth is noted at Chart.Logistics, Accuracy Shippi., Kesar Terminals, Ashapura Logi., Kaushalya, and the rest. Good growth is observed at Shreeji Translog, while the rest do not qualify. In terms of capital structure, Excellent capital structure is noted at Flomic Global and Brace Port, while Average capital structure is found at Shreeji Translog and Ashapura Logi., and Below Average capital structure is present at Chowgule Steam, Chart.Logistics, Accuracy Shippi., Kesar Terminals, Kaushalya, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Flomic Global at -26.23%, while Kesar Terminals has the lowest at -41.83%. Chowgule Steam's 1-year return is -19.69%, which is better than Kesar Terminals but worse than Flomic Global. Additionally, peers with a negative six-month return include Kesar Terminals, Shreeji Translog, and Chowgule Steam.

What does Chowgule Steam do?

Chowgule Steamships Ltd is a micro-cap shipping company established in 1963, reporting net sales of 1 Cr and a net loss of 1 Cr for the quarter ending March 2026. It has a market cap of INR 77 Cr, a P/E ratio of 226, and a negative return on equity of -0.32%.

Overview:<BR>Chowgule Steamships Ltd is a shipping company operating in the Transport Services industry, categorized as a Micro Cap.<BR><BR>History:<BR>Chowgule Steamships Ltd was established in April 1963. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 1 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: -1 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 77 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 226.00 <BR>Industry P/E: 10 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.42 <BR>Return on Equity: -0.32% <BR>Price to Book: 1.74 <BR><BR>Contact Details:<BR>Address: Chowgule House, Mormugao Harbour Goa Goa : 403803 <BR>Phone: 91-832-2525001 <BR>Email: ccl@chowgule.co.in <BR>Website: http://www.chowgulesteamships.co.in

Should I buy, sell or hold Chowgule Steamships Ltd?

When is the next results date for Chowgule Steamships Ltd?

The next results date for Chowgule Steamships Ltd is 26 May 2026.

The next results date for Chowgule Steamships Ltd is scheduled for 26 May 2026.

Are Chowgule Steamships Ltd latest results good or bad?

Chowgule Steamships Ltd's latest results show a net profit increase of 111.63% to ₹0.91 crores, but this is largely due to reliance on non-operating income, with flat net sales and a negative book value indicating financial distress. Investors should be cautious due to concerns over revenue growth and operational weaknesses.

Chowgule Steamships Ltd's latest results present a mixed picture. On one hand, the company reported a net profit of ₹0.91 crores for the December 2025 quarter, which is a significant increase of 111.63% compared to the previous quarter. However, this positive figure is somewhat misleading due to the company's heavy reliance on other income, which amounted to ₹1.10 crores, exceeding its net sales of ₹1.07 crores. This indicates that the profitability is not primarily driven by its core shipping operations.<BR><BR>Moreover, net sales remained flat quarter-on-quarter, raising concerns about the company's ability to grow its core business. The operating profit margin, while improved to 16.82%, is still volatile and reflects underlying operational weaknesses. The company's financial health is further questioned by its negative book value of ₹-16.84, indicating significant financial distress.<BR><BR>In summary, while Chowgule Steamships has shown a return to profitability, the sustainability of this performance is in doubt due to stagnant revenue growth and a concerning dependence on non-operating income. Investors should approach the company's results with caution, as the structural challenges and financial indicators suggest potential risks ahead.

How has been the historical performance of Chowgule Steam?

Chowgule Steam's financial performance has sharply declined, with net sales dropping to 0.00 Cr in March 2023 from 35.12 Cr in March 2022, and operating profit turning negative at -0.34 Cr. The company also reported a negative cash flow of -2.00 Cr, indicating severe operational and liquidity challenges.

Answer:<BR>The historical performance of Chowgule Steam has shown significant fluctuations over the years, particularly in net sales and profitability. In March 2023, the company reported net sales of 0.00 Cr, a stark decline from 35.12 Cr in March 2022 and 90.23 Cr in March 2019. The total operating income mirrored this trend, dropping to 0.00 Cr in March 2023 from 35.12 Cr in the previous year. Operating profit (PBDIT) also fell to -0.34 Cr in March 2023, down from 56.41 Cr in March 2022, indicating a severe downturn in operational efficiency. The profit before tax for March 2023 was -1.96 Cr, a significant drop from 46.47 Cr in March 2022, leading to a profit after tax of -1.16 Cr compared to 47.34 Cr the previous year. The company's total liabilities decreased to 45.28 Cr in March 2023 from 48.05 Cr in March 2022, while total assets also fell to 45.28 Cr from 48.05 Cr. Cash flow from operating activities was negative at -2.00 Cr in March 2023, contrasting with a positive 19.00 Cr in March 2022, reflecting a challenging cash position.<BR><BR>Breakdown:<BR>Chowgule Steam's financial performance has deteriorated significantly over the past year, with net sales plummeting to 0.00 Cr in March 2023 from 35.12 Cr in March 2022. This decline in revenue is accompanied by a total operating income of 0.00 Cr, reflecting a complete halt in operational activity. The operating profit (PBDIT) turned negative at -0.34 Cr, a sharp contrast to the previous year's profit of 56.41 Cr, indicating operational challenges. The profit before tax also fell to -1.96 Cr from 46.47 Cr, resulting in a profit after tax of -1.16 Cr compared to 47.34 Cr in the prior year. On the balance sheet, total liabilities decreased to 45.28 Cr, while total assets matched this figure, suggesting a significant contraction in the company's financial base. Furthermore, cash flow from operating activities was negative at -2.00 Cr, highlighting ongoing liquidity issues compared to the positive cash flow of 19.00 Cr in March 2022.

Who are the top shareholders of the Chowgule Steam?

The top shareholders of Chowgule Steam include Chowgule And Company Private Limited with 48.06%, followed by public shareholder Chitra P Mahatme at 4.24%. Individual investors hold 25.26%, with no pledged promoter holdings or foreign institutional investors involved.

The top shareholders of Chowgule Steam include the promoters, with Chowgule And Company Private Limited holding the largest share at 48.06%. The highest public shareholder is Chitra P Mahatme, who owns 4.24%. Additionally, individual investors collectively hold 25.26% of the shares. There are no pledged promoter holdings, and the company does not have any foreign institutional investors (FIIs) involved. Mutual funds hold a very small percentage, with 0.03% distributed across four schemes.

Is Chowgule Steam overvalued or undervalued?

As of April 25, 2023, Chowgule Steam is considered risky and overvalued with a high PE ratio of 96.58 and negative Price to Book Value and EV to EBIT metrics, especially when compared to peers like GE Shipping Co and S C I, and its year-to-date return of -7.76% further highlights its unfavorable market position.

As of 25 April 2023, Chowgule Steam's valuation grade has moved from does not qualify to risky, indicating a significant shift in its perceived investment quality. The company appears to be overvalued given its high PE ratio of 96.58 and negative values for both Price to Book Value (-1.69) and EV to EBIT (-93.66). These metrics suggest that the market is pricing the stock at an unsustainable level relative to its earnings and asset values.<BR><BR>In comparison to its peers, Chowgule Steam's valuation stands out unfavorably; for instance, GE Shipping Co has a PE ratio of 6.01 and S C I boasts a PE of 11.79, both indicating a much more attractive valuation. The company's recent stock performance has also been lackluster, with a year-to-date return of -7.76% compared to the Sensex's gain of 5.62%, further reinforcing the notion that Chowgule Steam is overvalued in the current market environment.

What is the technical trend for Chowgule Steam?

As of May 26, 2025, Chowgule Steam's technical trend is mildly bearish, primarily indicated by daily moving averages, despite mixed signals from weekly and monthly indicators.

As of 26 May 2025, the technical trend for Chowgule Steam has changed from sideways to mildly bearish. The daily moving averages indicate a mildly bearish stance, while the weekly MACD and KST are mildly bullish, suggesting mixed signals across different time frames. The Bollinger Bands show a mildly bullish trend on both weekly and monthly charts, but the monthly MACD and KST are mildly bearish, reinforcing the overall bearish sentiment. The Dow Theory indicates no clear trend in both weekly and monthly perspectives. Overall, the current technical stance is mildly bearish, driven primarily by the daily moving averages and the mixed signals from other indicators.

Has Chowgule Steam declared dividend?

Chowgule Steamships Ltd has declared a 10% dividend, amounting to 1.0000 per share, but the dividend yield is 0%. While there have been significant price returns over the years, the dividend has not contributed to overall returns.

Chowgule Steamships Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1.0000<BR>- Ex-date: Jun-29-2011<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>Over the 6-month period, the price return was -16.04%, the dividend return was 0%, resulting in a total return of -16.04%.<BR><BR>For the 1-year period, the price return was -6.22%, the dividend return was 0%, leading to a total return of -6.22%.<BR><BR>In the 2-year period, the price return was 73.8%, the dividend return was 0%, which resulted in a total return of 73.8%.<BR><BR>During the 3-year period, the price return was 127.62%, the dividend return was 0%, culminating in a total return of 127.62%.<BR><BR>For the 4-year period, the price return was 346.8%, the dividend return was 0%, resulting in a total return of 346.8%.<BR><BR>In the 5-year period, the price return was 621.2%, the dividend return was 0%, leading to a total return of 621.2%.<BR><BR>Overall, while Chowgule Steamships Ltd has declared a dividend, the dividend yield remains at 0%, indicating that the dividend has not contributed to returns in recent periods. The total returns over the years show significant growth in price, especially in the longer term, despite the absence of dividend contributions.