Seacoast Ship.

How has been the historical performance of the Seacoast Ship.?

Seacoast Ship experienced a significant decline in financial performance from March 2021 to March 2022, with net sales halving and profits dropping sharply, leading to reduced operating and profit margins. Despite a slight increase in earnings per share, the overall financial situation reflects substantial challenges, including negative cash flow from operating activities.

Answer:<BR>The historical performance of Seacoast Ship shows a significant decline in net sales and profits from March 2021 to March 2022, with net sales dropping from Rs 243.16 crore to Rs 127.80 crore. This decline is reflected in total operating income, which also decreased to Rs 127.80 crore from Rs 243.16 crore. The total expenditure, excluding depreciation, fell from Rs 228.33 crore to Rs 121.23 crore, leading to an operating profit (PBDIT) of Rs 6.57 crore in March 2022, down from Rs 14.83 crore in March 2021. Profit before tax decreased to Rs 4.57 crore from Rs 14.83 crore, and profit after tax dropped to Rs 2.55 crore from Rs 11.10 crore, indicating a substantial reduction in profitability. The earnings per share (EPS) improved slightly to Rs 0.76 from Rs 0.33, while the operating profit margin and PAT margin also decreased, reflecting the challenges faced by the company.<BR><BR>Breakdown:<BR>Seacoast Ship's financial metrics indicate a challenging period, particularly between March 2021 and March 2022. The company's net sales and total operating income halved, leading to a significant drop in operating profit and net profit. Despite a slight increase in EPS, the overall profitability margins declined, with operating profit margin falling to 5.14% and PAT margin to 2.0%. The balance sheet shows a decrease in total liabilities from Rs 247.62 crore to Rs 152.86 crore, while total assets also decreased, reflecting a contraction in business activity. Cash flow from operating activities turned negative, indicating cash management issues, although financing activities provided some relief. Overall, the data illustrates a period of financial distress for Seacoast Ship, marked by declining revenues and profits.

how big is Seacoast Ship.?

As of Jun 06, Seacoast Shipping Services Ltd has a market capitalization of 149.21 Cr, classifying it as a Micro Cap company, with recent net sales of 456.62 Cr and a net profit of 18.05 Cr over the last four quarters.

Market Cap: As of Jun 06, Seacoast Shipping Services Ltd has a market capitalization of 149.21 Cr, which classifies it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters, which includes data from Sep'22, Jun'22, Dec'21, and Sep'21, is 456.62 Cr. The sum of Net Profit for the same period is 18.05 Cr. This data is Consolidated.<BR><BR>Balance Sheet Snapshot: This is Standalone data for the latest annual period ending in Mar'23. Shareholder's Funds are reported at 61.99 Cr, and Total Assets amount to 152.86 Cr.

When is the next results date for Seacoast Ship.?

No Upcoming Board Meetings

Has Seacoast Ship. declared dividend?

Seacoast Shipping Services Ltd has declared a 5% dividend, amounting to $0.50 per share, with an ex-date of July 23, 2021. However, total returns over various periods show significant declines in price returns, with no additional dividend returns contributing to overall performance.

Seacoast Shipping Services Ltd has declared a 5% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 5%<BR>- Amount per share: 0.5<BR>- Ex-date: 23 Jul 21<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -32.35%, the dividend return was 0%, resulting in a total return of -32.35%.<BR><BR>For the 1-year period, the price return was -33.97%, the dividend return was 0%, leading to a total return of -33.97%.<BR><BR>Over the 2-year period, the price return was -27.75%, with a dividend return of 0%, culminating in a total return of -27.75%.<BR><BR>In the 3-year period, the price return was -45.88%, the dividend return was 0%, which resulted in a total return of -45.88%.<BR><BR>During the 4-year period, the price return was 0%, the dividend return was 0%, resulting in a total return of 0.0%.<BR><BR>For the 5-year period, the price return was 0%, the dividend return was 0%, leading to a total return of 0.0%.<BR><BR>Overall, Seacoast Shipping Services Ltd has declared a dividend, but the total returns over various periods indicate significant declines in price returns, with no additional dividend returns contributing to the overall performance.

Who are the peers of the Seacoast Ship.?

Seacoast Ship's peers include Container Corpn., Delhivery, Blue Dart Express, GE Shipping Co, S C I, Sanco Trans, Rapid Fleet, DRS Dilip Road, and Total Transport. Seacoast Ship has excellent growth but the lowest 1-year return at -37.78% among its peers.

Peers: The peers of Seacoast Ship are Container Corpn., Delhivery, Blue Dart Expres, GE Shipping Co, S C I, Sanco Trans, Rapid Fleet, DRS Dilip Road, and Total Transport.<BR><BR>Quality Snapshot: Excellent management risk is observed at Blue Dart Expres and GE Shipping Co, while Average management risk is found at Container Corpn., S C I, Seacoast Ship., Sanco Trans, and DRS Dilip Road. Below Average management risk is noted at Delhivery. Growth is Excellent at Seacoast Ship. and Destiny Logistic, Good at Delhivery, Blue Dart Expres, GE Shipping Co, Rapid Fleet, and Total Transport, while Below Average growth is seen at Container Corpn., S C I, Sanco Trans, and DRS Dilip Road. Excellent capital structure is present at Container Corpn. and GE Shipping Co, while Good capital structure is observed at Blue Dart Expres, S C I, and DRS Dilip Road, and the rest have Below Average or Average capital structures.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Sanco Trans at 9.56%, while the peer with the lowest is Seacoast Ship. at -37.78%, indicating that Seacoast Ship. has a significantly worse return compared to its peers. Additionally, peers with negative six-month returns include Container Corpn., Blue Dart Expres, GE Shipping Co, S C I, and Seacoast Ship.

Should I buy, sell or hold Seacoast Ship.?

Are Seacoast Ship. latest results good or bad?

Seacoast Shipping Services reported strong year-on-year growth in net sales (61.9%) and profit (86.86%), but faced a slowdown in quarterly growth and a 6.67% decline in net profit from the previous quarter. Analysts have issued a 'Sell' rating, indicating caution for potential investors.

Seacoast Shipping Services has reported mixed results for the quarter ending June 2024. On one hand, the company has shown significant growth in net sales, with a 61.9% increase year-on-year, reaching Rs 151.47 crore, which is the highest in the last five quarters. Additionally, the Profit After Tax (PAT) has grown by an impressive 86.86% year-on-year, totaling Rs 14.50 crore.<BR><BR>However, there are some concerning trends in the quarterly performance. The net sales growth has slowed down to 21.16% compared to the previous quarter's extraordinary growth of 346.66%. Furthermore, the standalone net profit has decreased by 6.67% from the previous quarter, which is a notable decline.<BR><BR>Overall, while there are positive indicators such as strong year-on-year growth in sales and profit, the recent quarter's performance shows a downturn in growth rates and profitability compared to the previous quarter. This mixed performance has led to a 'Sell' rating from analysts, suggesting caution for potential investors.

Is Seacoast Ship. overvalued or undervalued?

As of April 1, 2025, Seacoast Shipping's valuation has shifted from very attractive to risky, indicating it is overvalued with a PE ratio of 6.69 and poor stock performance, reflected in a year-to-date return of -28.97% compared to the Sensex's gain of 5.57%.

As of 1 April 2025, the valuation grade for Seacoast Shipping has moved from very attractive to risky. This change indicates a shift in perception regarding the company's financial health and market position. The company is currently deemed overvalued, with a PE ratio of 6.69, an EV to EBIT of 4.70, and a ROE of 18.10%. <BR><BR>In comparison to its peers, Seacoast Shipping's valuation metrics are significantly lower; for instance, Life Insurance has a PE ratio of 12.54 and an EV to EBITDA of 9.89, while Bajaj Finance Ltd. is categorized as very expensive with a PE of 35.01. The company's recent stock performance has also been underwhelming, with a year-to-date return of -28.97%, contrasting sharply with the Sensex's gain of 5.57% during the same period. This further reinforces the notion that Seacoast Shipping is currently overvalued in the market.

What is the technical trend for Seacoast Ship.?

As of May 20, 2025, Seacoast Ship's technical trend is mildly bearish, supported by bearish moving averages and Bollinger Bands, despite mixed signals from the MACD and KST indicators.

As of 20 May 2025, the technical trend for Seacoast Ship has changed from sideways to mildly bearish. The weekly MACD indicates a mildly bullish stance, but the monthly MACD is mildly bearish, suggesting mixed signals. The daily moving averages are also mildly bearish, reinforcing the negative outlook. Bollinger Bands are bearish on both weekly and monthly time frames, indicating downward pressure. The KST shows a mildly bullish signal weekly but is bearish monthly, adding to the uncertainty. Overall, the current technical stance is mildly bearish, driven primarily by the bearish moving averages and Bollinger Bands.

Who are in the management team of Seacoast Ship.?

As of March 2022, the management team of Seacoast Ship includes Manish Raichand Shah (Chairman & Managing Director), Sameer Amit Shah (Executive Director), Cheryl Manish Shah (Director), and Jaydeep Bakul Shah (Independent Director). They oversee the company's operations and strategic direction.

As of March 2022, the management team of Seacoast Ship includes:<BR><BR>1. Manish Raichand Shah - Chairman & Managing Director<BR>2. Sameer Amit Shah - Executive Director<BR>3. Cheryl Manish Shah - Director<BR>4. Jaydeep Bakul Shah - Independent Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

What does Seacoast Ship. do?

Seacoast Shipping Services Ltd is a micro-cap logistics company providing single window services to exporters and importers. As of June 2024, it reported net sales of 1,515 Cr and a net profit of 70 Cr, with a market cap of INR 135 Cr.

Overview:<BR>Seacoast Shipping Services Ltd is a micro-cap company in the transport services industry that provides single window logistics services to exporters and importers.<BR><BR>History:<BR>The company was incorporated on October 15, 1982, and was previously known as Mahaan Impex Limited before changing its name to Seacoast Shipping Services Limited on May 18, 2020. The latest quarterly results report net sales and profit for June 2024.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 1,515 Cr (Quarterly Results - Jun 2024) <BR>Most recent Net Profit: 70 Cr (Quarterly Results - Jun 2024) <BR>Market-cap value: INR 135 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 6.00 <BR>Industry P/E: 42 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.20 <BR>Return on Equity: 18.10% <BR>Price to Book: 1.15 <BR><BR>Contact Details:<BR>No Company Details Available <BR>Registrar Address: Not available.

Who are the top shareholders of the Seacoast Ship.?

The top shareholders of Seacoast Ship are primarily individual investors, holding 94.61% of shares. Notably, Manishkumar Raichand Shah is the largest promoter with 0.04%, while Krishan Lal Wadhwa is the highest public shareholder at 1.71%.

The top shareholders of Seacoast Ship include individual investors who hold a significant majority of the shares, accounting for 94.61% of the total holdings. Among the notable shareholders, Manishkumar Raichand Shah is the promoter with the highest holding at 0.04%. The highest public shareholder is Krishan Lal Wadhwa, who holds 1.71%. There are no institutional investors or mutual funds currently holding shares in the company.

Which are the latest news on Seacoast Ship.?

Why is Seacoast Shipping Services Ltd falling/rising?

As of 08-May, the stock price of Seacoast Shipping Services Ltd is Rs. 0.92, unchanged from the previous session, and has declined 64.20% over the past year. The stock is underperforming the sector and trading below its moving averages, indicating a bearish trend.

As of 08-May, the stock price of Seacoast Shipping Services Ltd is currently at Rs. 0.92, showing no change from the previous trading session. The stock has been experiencing a significant decline over the past year, with a decrease of 64.20%, and a staggering 70.79% drop over the last three years. This long-term downward trend is compounded by the fact that the stock has hit a new 52-week and all-time low today.<BR><BR>In terms of performance, the stock has underperformed compared to the sector, with a negative performance of -20.31% today. Additionally, the stock is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.<BR><BR>While there has been a notable increase in investor participation, with delivery volume rising by 136.63% against the 5-day average, this has not translated into a positive price movement. The stock's erratic trading pattern, where it did not trade on 5 out of the last 20 days, further reflects its instability.<BR><BR>Overall, the combination of a significant decline in stock price over the long term, underperformance relative to the sector, and trading below moving averages suggests that Seacoast Shipping Services Ltd is currently in a falling trend.