Unaudited Financial Result for Quarter ended as on 30th September, 2025

Revenue declinedNet loss reportedNegative operating cash flowDebt to equity above the thresholdContingent liabilities increasedResults View source PDF Explain this filing

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-5.0%Reaction day

₹23.48

prior close

₹22.31

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-4.9% vs market

Shipping peers, median of 8sector-0.4%-4.6% vs sector

On the reaction day the stock moved 4.9 pts less than Nifty Microcap 250 and 4.6 pts less than its Shipping peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

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Reaction day

-5.0-0.1-4.9-0.4-4.6

Next day

-9.4+0.5-9.9-1.3-8.1

-13.9-0.3-13.6-3.8-10.1

-18.2-0.5-17.7-4.6-13.6

-22.3-0.8-21.5-4.4-17.9

-18.9-2.3-16.6-5.4-13.5

-25.6-2.8-22.8-9.0-16.5

15d

-20.5-4.9-15.6-8.3-12.1

-23.3-4.7-18.5-12.2-11.1

-33.8-7.7-26.0-18.3-15.5

-29.7-7.8-21.9-6.2-23.6

UpDownMarket · Nifty Microcap 250Sector · Shipping peers, median of 8Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Shahi Shipping reported continued losses for Q2 FY26 with revenue from operations falling to Rs. 144.11 lakh (vs Rs. 196.79 lakh in Q2 FY25), a ~27% drop. For H1 FY26, revenue declined ~36% to Rs. 319.88 lakh from Rs. 502.68 lakh a year ago. The company posted a loss after tax of Rs. 67.51 lakh for H1 FY26, an improvement from Rs. 120.04 lakh loss in H1 FY25, though still firmly in the red. Other equity stands at a deeply negative Rs. (1,286.75) lakh versus paid-up capital of Rs. 1,449.49 lakh. Long-term borrowings more than doubled to Rs. 600.86 lakh, pushing the debt-to-equity ratio above 3.5x. The auditor (B.P. Shah & Co) issued an unqualified limited review report, though contingent liabilities from a Rs. 7.17 crore service tax dispute and a Rs. 33.53 lakh customs demand remain under litigation. Operating cash flow was marginally negative at Rs. (6.78) lakh.

Likely market impact

Persistent losses, a negative net worth, and rising long-term debt point to serious financial stress for shareholders. The stock is likely to remain under pressure unless the company can reverse the revenue slide and resolve the large tax disputes hanging over it.