---
title: "Seacoast Shipping Services Ltd (542753) — Share Price, Financials & Analysis"
symbol: "542753"
company: "Seacoast Shipping Services Ltd"
canonical: "https://tapetide.com/stocks/542753"
isin: "INE277T01024"
bse_code: "542753"
sector: "Services"
industry: "Transport Services"
generated_at: "2026-10-13T11:01:32.868Z"
---

# Seacoast Shipping Services Ltd (542753)

Canonical page: https://tapetide.com/stocks/542753

## Company

- **BSE Code:** 542753
- **ISIN:** INE277T01024
- **Sector:** Services
- **Industry:** Transport Services
- **Macro Sector:** Services
- **Stock Type:** EQUITY
- **Listed Since:** 2020-04-13
- **CEO:** Mr. Manishkumar Raichand Shah
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** seacoastltd.com

## About

Incorporated in 2005, Seacoast Shipping provides logistics services to exporters and importers[1]

## Latest Price

## Key Fundamentals

Observed at 2026-10-13T04:30:18.851288Z.

- **Book Value:** ₹0
- **Dividend Yield:** 54.35%
- **ROE:** 0%
- **ROCE:** 0%
- **Debt to Equity:** 0.24

## Key Insights

### Strengths

- Stock is trading at 0.39 times its book value
- Company has delivered good profit growth of 359% CAGR over last 5 years

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
- Company has high debtors of 313 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 51% | 22% | 359% |
| revenue growth | -2% | 15% | 325% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 71.95 | 42.19 | 21.05 | 93.06 | 109.99 | 111.03 | 115.5 | 99.73 | 121.42 | 27.99 | 125.02 | 151.47 |
| Expenses | 63.67 | 39.59 | 22.51 | 80.48 | 104.31 | 104.25 | 109.74 | 92.13 | 110.68 | 27.44 | 108.79 | 141.82 |
| Operating Profit | 8.28 | 2.6 | -1.46 | 12.58 | 5.68 | 6.78 | 5.76 | 7.6 | 10.74 | 0.55 | 16.23 | 9.65 |
| OPM % | 11.51 | 6.16 | -6.94 | 13.52 | 5.16 | 6.11 | 4.99 | 7.62 | 8.85 | 1.96 | 12.98 | 6.37 |
| Other Income | 0.06 | 0 | -0.06 | -8.04 | 0.05 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0.3 | 0.69 | 0.51 | 0.47 | 0.47 | 0.55 | 0.56 | 0.56 | 0.55 | 0.45 | 0.44 | 0.31 |
| Depreciation | 0 | 0 | -0.04 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 8.04 | 1.91 | -1.99 | 4.07 | 5.26 | 6.23 | 5.2 | 7.04 | 10.19 | 0.1 | 15.79 | 9.34 |
| Tax % | 26.49 | 26.18 | 15.58 | 26.04 | 26.05 | 26 | 76.54 | 28.69 | 24.14 | 20 | 52.5 | 24.95 |
| Net Profit | 5.91 | 1.42 | -2.3 | 3.01 | 3.89 | 4.61 | 1.22 | 5.02 | 7.73 | 0.07 | 7.5 | 7 |
| EPS in Rs | 0.11 | 0.03 | -0.04 | 0.06 | 0.07 | 0.09 | 0.02 | 0.09 | 0.14 | 0 | 0.14 | 0.13 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 2 | 1 | 0 | 1 | 243 | 128 | 430 | 374 | 426 |
| Expenses | 0 | 2 | 1 | 0 | 1 | 227 | 121 | 399 | 339 | 389 |
| Operating Profit | 0 | 0 | 0 | 0 | 0 | 16 | 7 | 31 | 35 | 37 |
| OPM % | -6 | -6 | 2.1 | -44 | -10 | 6 | 5 | 7 | 9 | 9 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -8 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 2 | 2 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 0 | 0 | 0 | 15 | 5 | 21 | 33 | 35 |
| Tax % | 0 | 0 | 0 | 0 | 40 | 25 | 44 | 31 | 39 | — |
| Net Profit | 0 | 0 | 0 | 0 | 0 | 11 | 3 | 14 | 20 | 22 |
| EPS in Rs | — | — | — | — | 0.01 | 0.21 | 0.05 | 0.27 | 0.38 | 0.41 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 15 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.25 | 2 | 2 | 2 | 2 | 2 | 34 | 34 | 34 | 54 |
| Reserves | 0 | 1 | 1 | 1 | 1 | 1 | 11 | 14 | 28 | 73 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 21 | 23 | 28 | 30 |
| Other Liabilities | 0 | 1 | 0 | 0 | 0 | 0 | 83 | 177 | 62 | 167 |
| Total Liabilities | 0 | 5 | 4 | 4 | 4 | 4 | 149 | 248 | 153 | 325 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 0 | 5 | 4 | 4 | 4 | 4 | 149 | 248 | 153 | 324 |
| Total Assets | 0 | 5 | 4 | 4 | 4 | 4 | 149 | 248 | 153 | 325 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0 | -1 | 0 | 0 | 0 | 0 | -50 | 0 | -4 | -45 |
| Cash from Investing Activity | 0 | -2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing Activity | 0 | 3 | 0 | 0 | 0 | 0 | 50 | 0 | 4 | 45 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | 0 | -1 | 0 | 0 | 0 | 0 | -50 | 0 | -4 | -45 |
| CFO/OP | — | 3650 | 260 | -667 | -92 | -80 | -318 | 29 | 9 | -91 |

### Ratios

| Item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | — | — | 63 | 269 | — | 449 | 140 | 556 | 128 | 313 |
| Inventory Days | — | — | 281 | 135 | — | 0 | 0 | — | — | 0 |
| Days Payable | — | — | 27 | 0 | — | — | — | — | — | — |
| Cash Conversion Cycle | — | — | 317 | 404 | — | 449 | 140 | 556 | 128 | 313 |
| Working Capital Days | — | — | 259 | 388 | — | 2358 | 68 | 143 | 61 | 139 |
| ROCE % | 3 | 1 | 1 | 1 | 0 | 1 | 46 | 10 | 38 | 28 |

## Shareholding Pattern

### annual

| Category | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Dec 2024 |
| --- | --- | --- | --- | --- | --- | --- |
| Promoters | 59.23% | 57.27% | 52.88% | 44.55% | 0.04% | 0.04% |
| FIIs | 0% | 0.22% | 1.78% | 0% | 0% | 0% |
| Public | 40.77% | 42.5% | 45.34% | 55.44% | 99.96% | 99.96% |
| No. of Shareholders | 513 | 1404 | 28448 | 53180 | 249757 | 249739 |

### Quarterly

| Category | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 52.88% | 52.88% | 52.88% | 52.88% | 44.55% | 44.55% | 27.85% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% |
| FIIs | 1.78% | 1.66% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 45.34% | 45.46% | 47.13% | 47.13% | 55.44% | 55.44% | 72.16% | 99.97% | 99.96% | 99.96% | 99.96% | 99.96% |
| No. of Shareholders | 28448 | 35527 | 45659 | 47154 | 53180 | 58817 | 81633 | 156885 | 249757 | 249757 | 249739 | 249739 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Neutral
- **Buy / Neutral / Sell:** 7 / 5 / 7

### Moving Averages — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 2025.92 | Sell |
| EMA (10) | 2024.52 | Sell |
| SMA (20) | 2081.39 | Sell |
| EMA (20) | 2037.56 | Sell |
| SMA (50) | 1987.08 | Sell |
| EMA (50) | 1768.52 | Buy |
| SMA (100) | 994.31 | Buy |
| EMA (100) | 1280.23 | Buy |
| SMA (200) | 498.61 | Buy |
| EMA (200) | 791.63 | Buy |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 46.65 | Neutral |
| MACD (12,26,9) | 21.48 | Sell |
| Stochastic (14,3,3) | 21.64 | Neutral |
| ADX (14) | 29.82 | Buy |
| Williams %R (14) | -77.71 | Neutral |
| ATR (14) | 88.74 | High Volatility |
| ROC (12) | -7.32 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 47.21 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-02-20 | [Intimation Under Regulation 30 Of SEBI (LODR) Regulations 2015 For Purchase Of Land](https://www.bseindia.com/xml-data/corpfiling/AttachHis/13209741-924a-4dca-b7c7-9916445d12d4.pdf) |
| 2026-02-16 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3391c0aa-28c6-4c17-8df1-918f4d9df638.pdf) |
| 2026-02-16 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/xml-data/corpfiling/AttachHis/56e50fd1-7056-434f-88f8-a6e8917a3f75.pdf) |
| 2026-02-10 | [Corrigendum For Newspaper Advertisements Of Financial Results](https://www.bseindia.com/xml-data/corpfiling/AttachHis/11327abb-9568-45d6-9fdf-027065814895.pdf) |
| 2026-02-09 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0bb1c01e-e22d-4ae6-8061-3657e3ef4e39.pdf) |
| 2026-02-07 | [The Board Approved To Give Corporate Guarantee To Bank Of India ('Lender) For An Amount Of Rs. 34.50 Crores](https://www.bseindia.com/xml-data/corpfiling/AttachHis/98cb274b-14ee-4017-b554-d12a15f35e04.pdf) |
| 2025-02-13 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/xml-data/corpfiling/AttachHis/da279754-dde8-4d0c-9123-c817d100713c.pdf) |
| 2025-02-13 | [Intimation Of Book Closure Pursuant To Regulation 42 Of The SEBI (Listing Obligation And Disclosure Requirement) Regulation, 2015](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7f27569d-41b8-4627-b9bd-cbcf035363f2.pdf) |
| 2025-01-31 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bb104535-a19a-4d94-83af-5e8f33983af7.pdf) |
| 2025-01-31 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7c495252-9392-4855-9906-f60538871d89.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dc306ec3-6537-4212-9c39-ff6022e61b86.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/92eb1d63-f0b7-4367-9200-8dca24177bd3.pdf) |
| 2023 | [Annual Report 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6a8781b4-5ba2-4109-ada1-4f11173cf66e.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cf68fa43-5b34-4b87-a70e-c0fb8a2d66e1.pdf) |
| 2022 | [Annual Report 2022](https://www.bseindia.com/bseplus/AnnualReport/542753/75439542753.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/539359/75391539359.pdf) |
| 2021 | [Annual Report 2021](https://www.bseindia.com/bseplus/AnnualReport/542753/68844542753.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/539359/70628539359.pdf) |
| 2020 | [Annual Report 2020](https://www.bseindia.com/bseplus/AnnualReport/542753/64279542753.pdf) |
| 2020 | [Financial Year 2020](https://www.bseindia.com/bseplus/AnnualReport/539359/65583539359.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Feb 2026 | [Concall - Feb 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/56e50fd1-7056-434f-88f8-a6e8917a3f75.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0780b381-b001-4c3a-bafa-7727a22e0109.pdf) |
| Aug 2025 | [Concall - Aug 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d6dd17af-a8a7-4ef2-9f73-d2bc7e0fa161.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3858e069-0195-4f22-8183-21be532afd21.pdf) |
| Jan 2025 | [Concall - Jan 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5e3a0612-2364-4338-ad0e-42dfb2caffa1.pdf) |
| Oct 2024 | [Concall - Oct 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b8dbc2a2-d6e7-44f2-9cf7-b86c7ecad239.pdf) |
| Aug 2024 | [Concall - Aug 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/40348821-c740-4c09-9b55-5694c9ea5212.pdf) |
| Feb 2024 | [Concall - Feb 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/125bcd09-b197-4e83-b7ec-d3526b5e5913.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cc04d753-5dea-485a-b5e0-7e0c8bf5ee78.pdf) |
| Aug 2023 | [Concall - Aug 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bb5a86ac-8a03-42b9-928a-a566318adf4a.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2026-07-15 | Credit rating update — Infomerics |
| 2025-11-28 | Credit rating update — CARE Ratings |
| 2025-05-20 | Credit rating update — Infomerics |
| 2025-04-17 | Credit rating update — Brickwork Ratings |
| 2024-10-16 | Credit rating update — Brickwork Ratings |
| 2024-10-08 | Credit rating update — Infomerics |
| 2024-09-05 | Credit rating update — CARE Ratings |
| 2024-03-28 | Credit rating update — Infomerics |
| 2023-12-26 | Credit rating update — CRISIL |
| 2023-11-10 | Credit rating update — CRISIL |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2025-02-13 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=da279754-dde8-4d0c-9123-c817d100713c.pdf) |
| 2025-02-13 | [Intimation Of Book Closure Pursuant To Regulation 42 Of The SEBI (Listing Obligation And Disclosure Requirement) Regulation 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7f27569d-41b8-4627-b9bd-cbcf035363f2.pdf) |
| 2025-01-31 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7c495252-9392-4855-9906-f60538871d89.pdf) |
| 2025-01-31 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bb104535-a19a-4d94-83af-5e8f33983af7.pdf) |
| 2024-12-02 | [Announcement under Regulation 30 (LODR)-Resignation of Director](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1af852e6-de38-417e-8f79-75eb63827370.pdf) |
| 2024-12-02 | [Announcement under Regulation 30 (LODR)-Cessation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=441bd83a-cbf2-4d7f-a10a-bdd0d021d943.pdf) |
| 2024-11-18 | [Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=532909d2-4065-4fa7-b0be-195c0b6feb6a.pdf) |
| 2024-10-03 | [Board Meeting Outcome for Submission Of Outcome Of Board Meeting And Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=91b9528f-0472-4552-ac53-8178331429fe.pdf) |
| 2024-10-03 | [Announcement under Regulation 30 (LODR)-Resignation of Director](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cf294d15-f66f-4f69-9c0b-713c2aa3b578.pdf) |
| 2024-10-03 | [Submission Of Outcome Of Board Meeting And Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5c1bd5a4-0495-4b73-8129-3d8da9a89231.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:01:32.868Z.