Shreeji Ship. Gl (SHREEJISPG)

FairStock Score: 47/100 — MIXED

Score breakdown: P/E: 0/3 · ROCE: 2/2 · Growth: 2/2 · Dividend: 0/1

Key Financials

Strengths

• ROCE of 33.65% indicates strong capital efficiency
• Debt/Equity of just 0.30 shows conservative leverage
• Sales growth of 30.05% and profit growth of 135.46% demonstrate momentum
• Promoter holding of 90% aligns management with shareholders
• Piotroski F-Score of 7/9 suggests solid financial health

Concerns

• P/E of 40.19 and P/B of 7.85 leave little margin of safety
• Dividend yield of 0.25% offers negligible downside support
• Shipping is cyclical; current profit growth may not be sustainable
• FairStock Score of 49/100 is mixed, and price has fallen sharply from the 52-week high of ₹704.90

AI Analysis

Shipping is a business I approach with caution; it is inherently cyclical, and a rising tide floats all boats. Shreeji Ship. Gl shows impressive recent numbers—sales up 30.05%, profit up 135.46%, ROCE at 33.65%, and debt-equity of only 0.30. That tells me management has been efficient and conservative with leverage. The Piotroski F-Score of 7/9 also suggests solid fundamentals. But I must remind myself that a cyclical company often looks cheapest at the peak and most expensive at the bottom. At ₹364.90, the stock trades at 40.19 times trailing earnings and 7.85 times book value. That is not a bargain by Graham's standards, especially for an industry where ships, freight rates, and global trade can turn overnight. The dividend yield is a thin 0.25%, so patience is not being paid while I wait. Promoter holding of 90% is reassuring in terms of alignment, but it also reduces floating supply and can inflate valuations. The FairStock Score of 49/100 is mixed, telling me to stay disciplined. The stock has already fallen from ₹704.90 to ₹364.90, so the market has cooled on the story. I would not reject it outright—growth is real, and a PEG of 0.49 suggests the market is pricing in continued expansion. But in shipping, I always ask: what will earnings look like in five years, not last quarter? If freight rates normalize, the high multiple could be painful. I need evidence of durable contracts, cost advantages, or fleet quality that gives pricing power. Otherwise, this is a fine business at the wrong price. I would wait for a margin of safety.

Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer