Shipwaves Online Ltd
SHIPWAVESBSE
₹3.26▲ +0.05 (+1.56%)
Whole company worth₹46 Cr
Price for ₹1 of profit₹13
1-year range₹3 – ₹12
The short version
A shrinking, thinly profitable business — priced low for what it earns.
Everything below is worked out from Shipwaves Online's own filed results and the exchange's data, and written so you do not need to know any finance terms. Where a term matters, we say what it means.
01What does it do?
Shipwaves Online is a micro-sized company in transport services.
Incorporated in 2015, Shipwaves Online Limited is engaged in the business of digital freight forwarding and enterprise SaaS solutions.
- Whole company is worth
- ₹46 crore
- Shareholders
- 1,692 people
- Listed since
- 2025
A very small company by stock-market value — prices can swing hard and trading can be thin.
02Is it growing?
Sales fell 16% last year.
There is not enough history yet to judge Shipwaves Online's growth over several years.
Point at a bar for exact figures · amounts in ₹ crore
03Does it make money?
Out of every ₹100 it sells, it keeps ₹4.2 as profit.
Here is where the money from Shipwaves Online's sales went in FY26, the latest full year it has reported.
₹76
₹13
- ₹76Making or buying what it sellsraw materials, stock, goods bought for resale
- ₹13Running the businessstaff, rent, marketing, power and everything else
- ₹3.9Interest on its loansthe cost of borrowed money
- ₹2.9Wear and tearmachines, stores and buildings losing value over time
- ₹4.2Profit it keepswhat is left for the company's owners
It also received a tax credit of ₹0.1 crore that year, which is why tax is missing from the bar.
On the money its owners have put in
It earns ₹5 a year on every ₹100 its owners have invested.
Bank FD ~₹6–7
₹5
₹-10₹0₹10₹20₹30₹40
That figure is called return on equity (ROE). Under ₹12 is a thin return for the risk of owning shares. For comparison, a bank fixed deposit pays roughly ₹6–7.
Does the profit turn into cash?
For every ₹100 of profit it reported, ₹-70 actually came in as cash.
Profit it reported₹22 Cr
Cash its business brought in−₹16 Cr
Over the last 3 years: ₹22 crore of profit but only −₹16 crore of cash. A wide gap like this is worth understanding before trusting the profit figure.
04Is the price high or low?
You pay ₹13 for every ₹1 of profit it makes in a year.
This is the P/E ratio: share price divided by a year's profit per share. A P/E of 13 means buyers are paying for about 13 years of today's profit up front.
The share price over the past year
It is 73% below its highest price of the past year and 28% above its lowest.
05Who owns it?
Its founders and parent group own 67 of every 100 shares — they control the company.
If the company were split into 100 equal shares, this is who would hold them. 1,692 people and institutions hold its shares.
As filed for the quarter ending 30 Sept 2026. Arrows show the change since the quarter before, in percentage points.
06What is going well, and what to watch
The figures raise more questions than they answer.
Picked out of the numbers above by fixed rules — the same rules for every company — so nothing here is somebody's opinion.
Going well
Nothing stands out in its favour in the figures we have.
Worth watching
- Sales fell 16% in the latest financial year.
- Thinly traded — only about ₹1 lakh of shares change hands a day, so buying or selling can move the price.
- The share price is 73% below its high of the past year.
07What happened lately?
Its latest quarter.
Jan–Mar 2026 is the most recent quarter it has reported. Each figure is compared with the same three months a year earlier, because many businesses sell more in some seasons than others.
Sales
₹50 Cr
Loss
₹0.8 Cr
No notable developments in the last few weeks.
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This page describes Shipwaves Online using its reported figures and exchange data. It is for information only and is not investment advice or a recommendation to buy, sell or hold. DocStoX is not a SEBI-registered investment adviser or research analyst.
Shipwaves Online Ltd (SHIPWAVES): company summary
The company's annual revenue fell 15.8% year-over-year, while annual net profit dropped 68.4%.
Shipwaves Online Ltd (SHIPWAVES) is a micro-cap Transport Services company valued at ₹46 crore operating in Transport Services on the NSE and BSE.
- Recent price move
- Shipwaves Online Ltd last traded at ₹3.26, modestly up 1.56% on the day.
- Recent developments
- On 2026-09-30, promoter holding remained at 67.40%, with no changes in foreign or domestic institutional holdings. The company's latest quarter ended on 2026-03-31, showing a net profit loss of ₹1 crore, a sharp contrast to the ₹6 crore profit in the same quarter of the prior year.
- Financial performance
- The company's annual revenue fell 15.8% year-over-year, while annual net profit dropped 68.4%. In the latest quarter, revenue fell 19.8% compared to the same quarter a year earlier, and net profit swung from a profit of ₹6 crore to a loss of ₹1 crore.
- Valuation multiples
- The stock trades at 13.0 times earnings, 0.64 times book value.
- Things to watch
- The company's net profit margin fell 7.0 percentage points to 4.2%, and the latest quarter showed a net profit loss of ₹1 crore, compared to a profit of ₹6 crore in the same quarter a year earlier. The stock is 73.2% below its 52-week high.
- Where it stands
- The company's financial performance has deteriorated significantly, with annual net profit falling 68.4% and the latest quarter showing a net loss. The stock is 73.2% below its 52-week high, highlighting the decline in value.
Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.
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Shipwaves Online Ltd peers in Transport Services
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