Transworld Shipping Lines Ltd

Net loss of Transworld Shipping Lines reported to Rs 9.16 crore in the quarter ended September 2025 as against net profit of Rs 21.28 crore during the previous quarter ended September 2024. Sales declined 21.35% to Rs 98.09 crore in the quarter ended September 2025 as against Rs 124.72 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales98.09124.72 -21 OPM %15.9638.82 - PBDT11.8042.37 -72 PBT-12.5021.91 PL NP-9.1621.28 PL Powered by Capital Market - Live

Transworld Shipping Lines will hold a meeting of the Board of Directors of the Company on 11 November 2025.Powered by Capital Market - Live

The release order, dated 29 August 2025, was issued by the Principal Officer of MMD, Kolkata, following a re-inspection of the vessel. The company disclosed that SSL Sabarimalai had remained off-hire for 15 days, leading to a temporary loss of revenue. However, the impact on overall financial and operational performance has been termed immaterial. In a filing, the company clarified that the delay in disclosure occurred due to oversight, as the release order was received on August 29 but communicated to exchanges only on September 2. Transworld Shipping Lines, formerly known as Shreyas Shipping & Logistics, is a leading player in the shipping and maritime sector. The company owns and operates a diversified fleet of vessels and provides integrated supply chain solutions spanning ship owning, ship management, coastal and international shipping, as well as freight forwarding. It caters to both domestic and global trade requirements, making it a key participant in India's coastal and international shipping ecosystem. On a consolidated basis, Transworld Shipping Lines reported net loss of Rs 7.81 crore in Q1 June 2025 as against net profit of Rs 1.97 crore in Q1 June 2024. Net sales rose 1.05% YoY to Rs 94.89 crore in Q1 June 2025. Powered by Capital Market - Live

Net loss of Transworld Shipping Lines reported to Rs 7.81 crore in the quarter ended June 2025 as against net profit of Rs 1.97 crore during the previous quarter ended June 2024. Sales rose 1.05% to Rs 94.89 crore in the quarter ended June 2025 as against Rs 93.90 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales94.8993.90 1 OPM %19.3730.49 - PBDT15.0022.86 -34 PBT-7.202.74 PL NP-7.811.97 PL Powered by Capital Market - Live

Transworld Shipping Lines will hold a meeting of the Board of Directors of the Company on 12 August 2025.Powered by Capital Market - Live

Net loss of Transworld Shipping Lines reported to Rs 4.69 crore in the quarter ended March 2025 as against net profit of Rs 2.38 crore during the previous quarter ended March 2024. Sales rose 23.43% to Rs 110.62 crore in the quarter ended March 2025 as against Rs 89.62 crore during the previous quarter ended March 2024. For the full year,net profit reported to Rs 33.90 crore in the year ended March 2025 as against net loss of Rs 51.01 crore during the previous year ended March 2024. Sales rose 58.03% to Rs 446.27 crore in the year ended March 2025 as against Rs 282.39 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales110.6289.62 23 446.27282.39 58 OPM %32.3120.45 -34.988.45 - PBDT30.2426.58 14 132.5632.45 309 PBT8.463.32 155 48.97-47.20 LP NP-4.692.38 PL 33.90-51.01 LP Powered by Capital Market - Live

Transworld Shipping Lines announced that the 37th Annual General Meeting(AGM) of the company will be held on 22 August 2025.Powered by Capital Market - Live

Transworld Shipping Lines announced that the Board of Directors of the Company at its meeting held on 27 May 2025, inter alia, have recommended the final dividend of Rs 1.5 per equity Share (i.e. 15%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Transworld Shipping Lines will hold a meeting of the Board of Directors of the Company on 27 May 2025.Powered by Capital Market - Live

Crisil Ratings stated that the outlook revision factors in the sustained improvement in the operating and financial performance of the company owing to uptick in charter rates driven by favorable demand and improving industry dynamics, with optimum utilisation of fleet capacity. The company is expected to achieve revenue of over Rs 460 crore in fiscal 2025, registering over 60% growth (Rs 282 crore in fiscal 2024), with operating profit before interest and tax (OPBDIT) margin of over 35%. Furthermore, TSLL's revenue is expected to grow at 15-20% over the medium term, driven by an increasing share of dry bulk (DB) vessels and stable business from chartering with Unifeeder ISC FZCO (Unifeeder), and OPBDIT margin is expected to sustain at 28-30%. The company continues to benefit from steady cash flow from long-term framework chartering agreement (FCA) with Avana Logistek (Avana) (since Transworld Feeders Pvt Ltd (TFPL) has been merged with Avana in May 2024), a group concern of Unifeeder. The FCA ensures volume deployment and steady cash flow for TSLL. Unifeeder is a subsidiary of DP World, based in the United Arab Emirates. DP World is among the leading port terminal operators in the world. The net cash accrual to total debt ratio improved to 0.3 time in the first nine months of fiscal 2025 compared with 0.1 time in fiscal 2024. The interest coverage ratio has also improved to 5 times in the first nine months of fiscal 2025 compared with 1.9 times in fiscal 2024 and is estimated to be over 4.5 times in fiscal 2025. The financial risk profile remains supported by adequate liquidity in the form of unencumbered cash and bank balance of Rs 61 crore as on 31 December 2024, excluding the debt service reserve account (DSRA) and other lien marked fixed deposits totaling Rs 51.78 crore. TSLL is also expected to maintain a liquid surplus of over Rs 50 crore on a steady-state basis. TSLL is expected to incur capital expenditure (capex) of Rs 700 crore over the next 3-4 fiscals for purchase of four new replacement container vessels and two new vessels, which will be funded by a mix of debt and equity, in the ratio of 3:1. The company plans to fund the equity portion from sale of older vessels. In addition, the company will also have dry docking expenses of over Rs 100 crore over the next three fiscals through 2028 which shall be funded through a mix of debt and internal accrual. The rating continues to reflect the established market position of TSLL in the shipping business, steady cash flow from long-term FCA with Avana, and operational and financial synergies from association with the Transworld group that has extensive experience in shipping and logistics. These strengths are partially offset by a moderate financial risk profile, susceptibility to fluctuations in charter rates and exposure to intense competition in the global shipping industry. Transworld Shipping Lines (TSLL) owns and operates vessels for container feeder operations between Indian and international container trans-shipment ports. The company has diversified into logistics, transportation, warehousing and distribution services. Post-sale of its containerised domestic coastal and EXIM feeder shipping business to Avana, the company follows an asset-heavy business model with owning and long-term chartering of vessels. The scrip shed 0.59% to end at Rs 267.80 on the BSE on Friday. Powered by Capital Market - Live