About Shahi Shipping Limited
Data last updated: 14 July 2026
Shahi Shipping Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in shipping and maritime services, a part of the broader transport and logistics sector. Incorporated on 26 October 1990, the company has been in operation for over 36 years.
Registered with ROC Mumbai under CIN L61100MH1990PLC058680. Listed on BSE: 526508.
Capital: an authorised share capital of ₹30 Cr and a paid-up capital of ₹14.49 Cr. Formerly known as Sks Logistics Limited and Sks (Ship) Limited. It is led by directors including Sarvesh Kumar Shahi and Sanjeev Kumar Singh.
Last AGM: 26 September 2025. Financial statements filed for year ended 31 March 2025. Office: 404 Abhay Steel House4 Th Floor Baroda Street, Mumbai, Maharashtra, India – 400009.
As per BSE-filed standalone financials for FY 2026, the company reported a revenue of ₹6.46 Cr, a decline of 38.98% compared to the previous year. The net worth stands at ₹47.62 Lakh (down 79.33% YoY). Total assets are valued at ₹13.42 Cr (up 8.62% YoY).
The company has a workforce of approximately 9 employees as per the latest available data. Its group structure includes 1 subsidiary.
The company is associated with 1 brand - Shahi Shipping. As per MCA filings, the company has open charges of ₹50.04 Cr and satisfied charges of ₹134.59 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shahilogistics.com.
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Registered Address404 Abhay Steel House4 Th Floor Baroda Street, Mumbai, Maharashtra, India – 400009
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IndustryTransport and Logistics, Shipping & Maritime Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Shahi Shipping Limited
Shahi Shipping Limited has undergone 3 name changes throughout its history. The company was previously known as Sks Logistics Limited, Sks (Ship) Limited, and Shahi Shipping & Transport Private Limited. The current legal name is Shahi Shipping Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Shahi Shipping Limited | Current |
| Sks Logistics Limited | Previous |
| Sks (Ship) Limited | Previous |
| Shahi Shipping & Transport Private Limited | Previous |
Associated Brands with Shahi Shipping Limited
Shahi Shipping Limited operates one associated brand: Shahi Shipping. These brands represent Shahi Shipping Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Barge operations and port-related activities are managed in India. | shahilogistics.com |
Competitors & Alternatives of Shahi Shipping Limited
Brands and companies operating in the same space as Shahi Shipping Limited include Hyundai Merchant Marine, ZIM, Qube and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Hyundai Merchant Marine
|
Integrated logistics are delivered worldwide via specialized vessel operations. | Seoul, South Korea, South Korea | 1976 |
ZIM
|
Maritime shipping services for containerized cargo are provided globally. | Haifa, Israel, Israel | 1945 |
Qube
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Qube is recognized as Australia's largest integrated logistics provider. | Sydney, Australia, Australia | 2004 |
Hapag-Lloyd
|
Containerized cargo is transported globally by maritime fleet operations. | Hamburg, Germany, Germany | 1997 |
Viking Line
|
Ocean freight forwarding services are provided internationally by Viking Line. | Mariehamn, Aland Islands, Finland | 1959 |
TORM
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Product tankers and dry bulk vessels are operated by TORM. | Copenhagen, Denmark, Denmark | 2002 |
Star Bulk Carriers Corp
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Dry bulk cargoes are transported globally via seaborne services. | Athens, Greece, Greece | 2006 |
Great Eastern Ship
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Marine transportation and freight forwarding services are provided globally. | Mumbai, India, India | 1948 |
Pacific Basin Shipping
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Dry bulk shipping company | Hong Kong, China, China | 1987 |
Diana Shipping
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Ocean shipping services are provided via dry bulk vessel ownership. | Athens, Greece, Greece | 1999 |
Business Activity of Shahi Shipping Limited
Shahi Shipping Limited is engaged in the principal business activity of transport and storage, with detailed activities including water transport.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H3 | Water transport | Locked |
Business activity turnover details for Shahi Shipping Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Shahi Shipping Limited
Shahi Shipping Limited is audited by B P Shah & Co (ICAI peer reviewed, certificate valid till 2027-11-30) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| B P Shah & Co (ICAI peer reviewed, certificate valid till 2027-11-30) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Shahi Shipping Limited
Shahi Shipping Limited is currently managed by 4 directors, with 18 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Sarvesh Kumar Shahi
Also directs:
Shahi Gasol Llp, Minapur Biofuels Private Limited, India First Logistics Private Limited and 3 more
|
Managing Director | 26 Oct 1990 | 35 Years 9 Months | Current |
| Sanjeev Kumar Singh | Director | 13 Feb 2020 | 6 Years 6 Months | Current |
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Omprakash Ramdhin Singh
Also directs:
Promag Sports Private Limited
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Director | 05 Feb 2021 | 5 Years 6 Months | Current |
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Anjali Shahi
Also directs:
Shahi Gasol Llp, Minapur Biofuels Private Limited, India First Logistics Private Limited and 1 more
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Director | 13 Feb 2019 | 7 Years 6 Months | Current |
Financials of Shahi Shipping Limited FY 2026 filings available
Shahi Shipping Limited reported revenue of ₹6.46 Cr (down 38.98% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹6.46 Cr | ₹10.58 Cr | ₹12.43 Cr | ₹10.89 Cr | ₹9.4 Cr | ₹9.34 Cr | ₹8.14 Cr | ₹10.21 Cr |
| Other Income | ₹15.85 Lakh | ₹10.66 Lakh | ₹1.32 Cr | ₹1.24 Cr | ₹2.25 Cr | ₹47.1 Lakh | ₹28.83 Lakh | ₹1.07 Cr |
| Total Income | ₹6.61 Cr | ₹10.69 Cr | ₹13.74 Cr | ₹12.14 Cr | ₹11.66 Cr | ₹9.81 Cr | ₹8.43 Cr | ₹11.28 Cr |
| Cost of Materials Consumed | ₹5.98 Cr | ₹0 | ₹0 | ₹9.48 Cr | ₹0 | ₹0 | ₹8 Cr | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹1.38 Cr | ₹1.45 Cr | ₹1.33 Cr | ₹1.3 Cr | ₹1.42 Cr | ₹1.51 Cr | ₹1.93 Cr | ₹2.15 Cr |
| Finance Costs | ₹40.94 Lakh | ₹67.7 Lakh | ₹26.19 Lakh | ₹39.36 Lakh | ₹47.02 Lakh | ₹66.06 Lakh | ₹74.49 Lakh | ₹67.24 Lakh |
| Depreciation & Amortisation | ₹72.7 Lakh | ₹48.64 Lakh | ₹45.53 Lakh | ₹61.28 Lakh | ₹77.46 Lakh | ₹85.65 Lakh | ₹99.44 Lakh | ₹1.31 Cr |
| Other Expenses | - | ₹6.05 Cr | ₹9.24 Cr | ₹1,000 | ₹9.15 Cr | ₹8.18 Cr | ₹0 | ₹21.97 Cr |
| Total Expenses | ₹8.5 Cr | ₹8.65 Cr | ₹11.29 Cr | ₹11.79 Cr | ₹11.81 Cr | ₹11.21 Cr | ₹11.67 Cr | ₹26.1 Cr |
| Profit Before Exceptional Items & Tax | -₹1.89 Cr | ₹2.03 Cr | ₹2.45 Cr | ₹35.44 Lakh | -₹15.39 Lakh | -₹1.4 Cr | -₹3.23 Cr | -₹14.81 Cr |
| Exceptional Items | -₹5.69 Lakh | -₹5.77 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹1.95 Cr | -₹3.73 Cr | ₹2.45 Cr | ₹35.44 Lakh | -₹15.39 Lakh | -₹1.4 Cr | -₹3.23 Cr | -₹14.81 Cr |
| Total Tax Expense | -₹12.57 Lakh | -₹16.76 Lakh | -₹13.28 Lakh | -₹5.37 Lakh | -₹6.9 Lakh | -₹26.11 Lakh | ₹7.86 Lakh | -₹16.61 Lakh |
| Net Profit | -₹1.82 Cr | -₹3.57 Cr | ₹2.59 Cr | ₹40.81 Lakh | -₹8.48 Lakh | -₹1.13 Cr | -₹3.31 Cr | -₹14.65 Cr |
| Other Comprehensive Income | -₹44,000 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | -₹1.82 Cr | -₹3.57 Cr | ₹2.59 Cr | ₹40.81 Lakh | -₹8.48 Lakh | -₹1.13 Cr | -₹3.31 Cr | -₹14.65 Cr |
| EBITDA (computed) | -₹75.2 Lakh | ₹3.2 Cr | ₹3.17 Cr | ₹1.36 Cr | ₹1.09 Cr | ₹12.12 Lakh | -₹1.5 Cr | -₹12.83 Cr |
| Basic EPS | ₹-1.26 | ₹1.78 | ₹1.78 | ₹0.28 | ₹-0.06 | ₹-0.78 | ₹-2.29 | ₹-10.11 |
| Diluted EPS | ₹-1.26 | ₹1.78 | ₹1.78 | ₹0.28 | ₹-0.06 | ₹-0.78 | ₹-2.29 | ₹-10.11 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹13.42 Cr | ₹12.35 Cr | ₹18.6 Cr | ₹19.43 Cr | ₹19.91 Cr | ₹20.21 Cr | ₹20.72 Cr | ₹23.52 Cr |
| Non-current Assets | ₹9.8 Cr | ₹8.41 Cr | ₹14.55 Cr | ₹15.77 Cr | ₹17.49 Cr | ₹18 Cr | ₹18.66 Cr | ₹19.8 Cr |
| Current Assets | ₹3.62 Cr | ₹3.94 Cr | ₹4.06 Cr | ₹3.66 Cr | ₹2.42 Cr | ₹2.21 Cr | ₹2.06 Cr | ₹3.71 Cr |
| Property, Plant & Equipment | ₹7.74 Cr | ₹7.19 Cr | ₹4.72 Cr | ₹7.25 Cr | ₹8.22 Cr | ₹9.01 Cr | ₹9.84 Cr | ₹10.83 Cr |
| Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Trade Receivables | ₹1.31 Cr | ₹1.64 Cr | ₹1.77 Cr | ₹2.23 Cr | ₹1.32 Cr | ₹1.16 Cr | ₹1.93 Cr | ₹3.31 Cr |
| Cash & Equivalents | ₹0 | ₹13.19 Lakh | ₹10,000 | ₹36.69 Lakh | ₹26.87 Lakh | ₹22.41 Lakh | ₹5.52 Lakh | ₹23.23 Lakh |
| Equity (Net Worth) | ₹47.62 Lakh | ₹2.3 Cr | ₹5.87 Cr | ₹3.28 Cr | ₹2.88 Cr | ₹2.96 Cr | ₹3.87 Cr | ₹7.18 Cr |
| Equity Share Capital | ₹14.49 Cr | ₹14.49 Cr | ₹14.49 Cr | ₹14.49 Cr | ₹14.49 Cr | ₹14.49 Cr | ₹14.49 Cr | ₹14.49 Cr |
| Borrowings (Non-current) | ₹6.56 Cr | ₹2.83 Cr | ₹3.22 Cr | ₹8.18 Cr | ₹7.13 Cr | ₹0 | ₹4.72 Cr | ₹5.18 Cr |
| Borrowings (Current) | ₹2.22 Cr | ₹3.37 Cr | ₹2.17 Cr | ₹81.12 Lakh | ₹3.33 Cr | ₹4.47 Cr | ₹4.14 Cr | ₹4.76 Cr |
| Total Debt (computed) | ₹8.78 Cr | ₹6.2 Cr | ₹5.39 Cr | ₹8.99 Cr | ₹10.46 Cr | ₹4.47 Cr | ₹8.86 Cr | ₹9.94 Cr |
| Current Liabilities | ₹5.43 Cr | ₹6.23 Cr | ₹8.53 Cr | ₹4.01 Cr | ₹8.73 Cr | ₹10.73 Cr | ₹10.26 Cr | ₹9.4 Cr |
| Total Liabilities | ₹12.94 Cr | ₹10.05 Cr | ₹12.73 Cr | ₹16.14 Cr | ₹17.03 Cr | ₹17.25 Cr | ₹16.85 Cr | ₹16.33 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹58.61 Lakh | ₹2.73 Cr | ₹3.97 Cr | ₹1.6 Cr | -₹70.82 Lakh |
| Investing Cash Flow | -₹2.39 Cr | -₹2.65 Cr | ₹6.36 Lakh | ₹36.94 Lakh | ₹14.95 Lakh |
| Financing Cash Flow | ₹1.65 Cr | ₹13.48 Lakh | -₹4.03 Cr | -₹1.87 Cr | ₹60.33 Lakh |
| Capital Expenditure | ₹1.26 Cr | ₹3.21 Cr | ₹7.12 Lakh | ₹3.3 Lakh | -₹1.17 Lakh |
| Free Cash Flow (computed) | -₹67.68 Lakh | -₹48.33 Lakh | ₹3.9 Cr | ₹1.56 Cr | -₹72 Lakh |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹15.5 Lakh | ₹21.72 Lakh | ₹17,000 | ₹10.02 Lakh | ₹4.46 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹1.59 Cr | ₹1.67 Cr | ₹1.44 Cr | ₹1.76 Cr | ₹3.07 Cr | ₹2.48 Cr | ₹1.97 Cr | ₹3.06 Cr |
| Other Income | ₹1.78 Lakh | ₹2.87 Lakh | ₹10.42 Lakh | ₹78,000 | ₹6.49 Lakh | ₹2.85 Lakh | ₹72,000 | ₹59,000 |
| Total Income | ₹1.6 Cr | ₹1.7 Cr | ₹1.55 Cr | ₹1.77 Cr | ₹3.14 Cr | ₹2.51 Cr | ₹1.98 Cr | ₹3.06 Cr |
| Cost of Materials Consumed | ₹1.64 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹33.76 Lakh | ₹33.39 Lakh | ₹34.77 Lakh | ₹36.25 Lakh | ₹40.85 Lakh | ₹38.19 Lakh | ₹32.8 Lakh | ₹33.61 Lakh |
| Finance Costs | ₹9.53 Lakh | ₹7.92 Lakh | ₹6.32 Lakh | ₹17.15 Lakh | ₹21.61 Lakh | ₹16.1 Lakh | ₹14.82 Lakh | ₹14.99 Lakh |
| Depreciation & Amortisation | ₹21.94 Lakh | ₹18.46 Lakh | ₹15.32 Lakh | ₹16.98 Lakh | ₹16.26 Lakh | ₹12.04 Lakh | ₹10.18 Lakh | ₹10.16 Lakh |
| Other Expenses | - | ₹1.65 Cr | ₹1.3 Cr | ₹1.39 Cr | ₹2.15 Cr | ₹1.85 Cr | ₹2.89 Cr | ₹2.21 Cr |
| Total Expenses | ₹2.29 Cr | ₹2.25 Cr | ₹1.87 Cr | ₹2.09 Cr | ₹2.94 Cr | ₹2.51 Cr | ₹3.46 Cr | ₹2.8 Cr |
| Profit Before Exceptional Items & Tax | -₹68.98 Lakh | -₹55.15 Lakh | -₹32.2 Lakh | -₹32.6 Lakh | ₹19.7 Lakh | ₹23,000 | -₹1.49 Cr | ₹26.79 Lakh |
| Exceptional Items | -₹5.69 Lakh | ₹0 | ₹0 | ₹0 | -₹2.71 Cr | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹74.67 Lakh | -₹55.15 Lakh | -₹32.2 Lakh | -₹32.6 Lakh | -₹2.52 Cr | ₹23,000 | -₹1.49 Cr | ₹26.79 Lakh |
| Total Tax Expense | -₹5.92 Lakh | -₹9.34 Lakh | ₹4.11 Lakh | -₹1.41 Lakh | -₹13.97 Lakh | -₹74,000 | -₹1.19 Lakh | -₹86,000 |
| Net Profit | -₹68.75 Lakh | -₹45.81 Lakh | -₹36.31 Lakh | -₹31.19 Lakh | -₹2.38 Cr | ₹97,000 | -₹1.48 Cr | ₹27.65 Lakh |
| Other Comprehensive Income | -₹44,000 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | -₹69.19 Lakh | -₹45.81 Lakh | -₹36.31 Lakh | -₹31.19 Lakh | -₹2.38 Cr | ₹97,000 | -₹1.48 Cr | ₹27.65 Lakh |
| EBITDA (computed) | -₹37.51 Lakh | -₹28.77 Lakh | -₹10.56 Lakh | ₹1.53 Lakh | ₹57.57 Lakh | ₹28.37 Lakh | -₹1.24 Cr | ₹51.94 Lakh |
| Basic EPS | ₹-0.48 | ₹-0.32 | ₹-0.25 | ₹-0.22 | ₹-2.46 | ₹0.01 | ₹-1.02 | ₹0.19 |
| Diluted EPS | ₹-0.48 | ₹-0.32 | ₹-0.25 | ₹-0.22 | ₹-2.46 | ₹0.01 | ₹-1.02 | ₹0.19 |
Shareholding Pattern of Shahi Shipping Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 50.00%, domestic institutional investors hold 0.00%, retail and other public shareholders hold 50.00% of Shahi Shipping Limited. The company had 7,780 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 50.00% | 50.00% | 50.00% | 50.00% | 73.11% | 73.11% |
| Public | 50.00% | 50.00% | 50.00% | 50.00% | 26.89% | 26.89% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 50.00% | 73.11% | 73.11% |
| Public | 50.00% | 26.89% | 26.89% |
| Promoter change (YoY, %pts) | -23.11 | +0.00 | - |
Group Structure of Shahi Shipping Limited
Shahi Shipping Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects Shahi Shipping Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Royal Logistics (Ship) Limited | U61100WB2007PLC117112 | - |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Shahi Shipping Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Aug 2025 | Others | ₹5 Cr | Open |
| 25 Sep 2012 | Dena Bank | ₹1.5 Cr | Open |
| 03 Nov 2007 | Hdfc Bank Limited | ₹35 Lakh | Open |
| 25 Jun 2004 | State Bank of India | ₹7.84 Cr | Open |
| 27 Sep 1997 | Idbi Bank | ₹5 Cr | Open |
Total charge records: 41 View all charges
Employees and EPFO Compliance at Shahi Shipping Limited
Shahi Shipping Limited has a workforce of 9 employees as of Apr 07, 2024.
Employee and EPFO history for Shahi Shipping Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Shahi Shipping Limited
GST registrations and filing compliance for Shahi Shipping Limited
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Credit Ratings, Litigation & Regulatory Alerts for Shahi Shipping Limited
Credit ratings, litigation, and regulatory alerts for Shahi Shipping Limited
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MSME Payment Delays by Shahi Shipping Limited
MSME payment history for Shahi Shipping Limited
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Subsidiaries & Group Companies of Shahi Shipping Limited
Corporate group structure for Shahi Shipping Limited
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MCA Filings & Documents of Shahi Shipping Limited
MCA filings and documents for Shahi Shipping Limited
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Recent Activity on Shahi Shipping Limited
Frequently Asked Questions about Shahi Shipping Limited
Shahi Shipping Limited is an active public limited company in the transport and logistics sector based in Mumbai, Maharashtra, India. It was incorporated on 26 October 1990 (36+ years old) and is registered under CIN L61100MH1990PLC058680. Listed on BSE: 526508. The company has 9 employees.
Shahi Shipping Limited reported revenue of ₹6.46 Cr for FY 2026 (down 38.98% YoY) based on standalone BSE filings.
The current directors of Shahi Shipping Limited are:
- Sarvesh Kumar Shahi - Managing Director
- Sanjeev Kumar Singh - Director
- Omprakash Ramdhin Singh - Director
- Anjali Shahi - Director
The primary industry of Shahi Shipping Limited is transport and logistics. The company specifically operates in shipping and maritime services. The company is currently active in this sector.
Yes. Shahi Shipping Limited is listed on BSE with code 526508.
Shahi Shipping Limited can be reached at the registered office: 404 Abhay Steel House4 Th Floor Baroda Street, Mumbai, Maharashtra, India – 400009, or through the website shahilogistics.com.