Chowgule Steamships Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 2, 2025, 8:30 pm

Market Cap	91.5 Cr.
Current Price	25.2
High / Low	36.5/18.4
Stock P/E	261
Book Value	15.7
Dividend Yield	0.00 %
ROCE	3.05 %
ROE	%
Face Value	10.0
PEG Ratio	3.13

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Chowgule Steamships Ltd

Competitors of Chowgule Steamships Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Chowgule Steamships Ltd	91.5 Cr.	25.2	36.5/18.4	261	15.7	0.00 %	3.05 %	%	10.0
Great Eastern Shipping Company Ltd (GESHIP)	13,253 Cr.	928	1,544/797	5.57	945	3.10 %	18.5 %	21.0 %	10.0
Shreyas Shipping & Logistics Ltd	782 Cr.	356	440/230		349	0.00 %	3.91 %	11.3 %	10.0
Shipping Corporation of India Ltd	7,920 Cr.	170	385/138	8.20	173	0.29 %	7.68 %	8.75 %	10.0
SEAMEC Ltd	2,524 Cr.	992	1,670/780	27.6	379	0.10 %	12.5 %	13.8 %	10.0
Industry Average	4,204.50 Cr	370.31		66.29	287.23	0.50%	37.03%	15.57%	10.00

All Competitor Stocks of Chowgule Steamships Ltd

Quarterly Result

Metric	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Sales	5.94	9.30	14.02	18.38	2.60	0.11	0.00	0.00	0.00	0.00	0.81	1.07	1.07
Expenses	4.41	4.23	5.22	6.70	0.18	1.18	1.22	0.70	0.74	0.64	0.54	1.02	0.88
Operating Profit	1.53	5.07	8.80	11.68	2.42	-1.07	-1.22	-0.70	-0.74	-0.64	0.27	0.05	0.19
OPM %	25.76%	54.52%	62.77%	63.55%	93.08%	-972.73%					33.33%	4.67%	17.76%
Other Income	0.83	11.25	0.83	0.65	32.14	0.95	1.07	1.14	1.39	-0.63	4.80	0.81	1.10
Interest	2.04	-0.97	1.26	1.27	0.72	1.70	0.28	0.28	0.29	0.28	0.27	0.26	0.26
Depreciation	2.36	2.31	2.35	2.33	0.16	0.15	0.12	0.13	0.13	0.13	0.11	0.11	0.11
Profit before tax	-2.04	14.98	6.02	8.73	33.68	-1.97	-0.55	0.03	0.23	-1.68	4.69	0.49	0.92
Tax %	5.88%	24.43%	3.32%	1.49%	-3.62%	1.02%	1.82%	-33.33%	-347.83%	0.00%	0.00%	12.24%	1.09%
Net Profit	-2.16	11.33	5.83	8.60	34.90	-1.99	-0.56	0.04	1.04	-1.67	4.68	0.43	0.91
EPS in Rs	-0.59	3.12	1.61	2.37	9.61	-0.55	-0.15	0.01	0.29	-0.46	1.29	0.12	0.25

Last Updated: February 28, 2025, 12:34 pm

Below is a detailed analysis of the quarterly data for Chowgule Steamships Ltd based on the most recent figures (Dec 2023) and their trends compared to the previous period:

For Sales, as of Dec 2023, the value is ₹1.07 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2023) which recorded 1.07 Cr..
For Expenses, as of Dec 2023, the value is ₹0.88 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 1.02 Cr. (Sep 2023) to ₹0.88 Cr., marking a decrease of 0.14 Cr..
For Operating Profit, as of Dec 2023, the value is ₹0.19 Cr.. The value appears strong and on an upward trend. It has increased from 0.05 Cr. (Sep 2023) to ₹0.19 Cr., marking an increase of 0.14 Cr..
For OPM %, as of Dec 2023, the value is 17.76%. The value appears strong and on an upward trend. It has increased from 4.67% (Sep 2023) to 17.76%, marking an increase of 13.09%.
For Other Income, as of Dec 2023, the value is ₹1.10 Cr.. The value appears strong and on an upward trend. It has increased from 0.81 Cr. (Sep 2023) to ₹1.10 Cr., marking an increase of 0.29 Cr..
For Interest, as of Dec 2023, the value is ₹0.26 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2023) which recorded 0.26 Cr..
For Depreciation, as of Dec 2023, the value is ₹0.11 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2023) which recorded 0.11 Cr..
For Profit before tax, as of Dec 2023, the value is ₹0.92 Cr.. The value appears strong and on an upward trend. It has increased from 0.49 Cr. (Sep 2023) to ₹0.92 Cr., marking an increase of 0.43 Cr..
For Tax %, as of Dec 2023, the value is 1.09%. The value appears to be improving (decreasing) as expected. It has decreased from 12.24% (Sep 2023) to 1.09%, marking a decrease of 11.15%.
For Net Profit, as of Dec 2023, the value is ₹0.91 Cr.. The value appears strong and on an upward trend. It has increased from 0.43 Cr. (Sep 2023) to ₹0.91 Cr., marking an increase of 0.48 Cr..
For EPS in Rs, as of Dec 2023, the value is 0.25. The value appears strong and on an upward trend. It has increased from 0.12 (Sep 2023) to 0.25, marking an increase of 0.13.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

Metric	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Sales	85.70	83.32	92.73	86.26	54.29	43.73	66.48	90.23	77.43	32.56	35.12	0.00	2.95
Expenses	65.09	197.17	81.38	157.17	63.54	46.04	23.21	54.89	98.75	24.30	13.28	3.31	3.08
Operating Profit	20.61	-113.85	11.35	-70.91	-9.25	-2.31	43.27	35.34	-21.32	8.26	21.84	-3.31	-0.13
OPM %	24.05%	-136.64%	12.24%	-82.20%	-17.04%	-5.28%	65.09%	39.17%	-27.53%	25.37%	62.19%		-4.41%
Other Income	-96.07	20.77	37.12	16.08	-138.11	-27.82	3.56	-68.05	8.63	19.53	34.56	2.97	6.08
Interest	6.94	10.45	11.72	10.59	10.90	13.68	15.14	26.96	30.74	10.34	4.95	1.12	1.07
Depreciation	34.78	38.45	46.93	44.41	38.73	29.81	30.09	32.03	22.37	9.43	4.99	0.50	0.46
Profit before tax	-117.18	-141.98	-10.18	-109.83	-196.99	-73.62	1.60	-91.70	-65.80	8.02	46.46	-1.96	4.42
Tax %	-9.67%	-2.48%	-29.57%	-3.70%	-1.87%	-1.14%	-154.38%	-1.01%	2.29%	56.36%	-1.89%	-40.82%
Net Profit	-105.85	-138.46	-7.17	-105.77	-193.30	-72.77	4.07	-90.77	-67.31	3.50	47.34	-1.16	4.35
EPS in Rs	-29.15	-38.13	-1.97	-29.13	-53.24	-20.04	1.12	-25.00	-18.54	0.96	13.04	-0.32	1.20
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2012-2013	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023
YoY Net Profit Growth (%)	-30.81%	94.82%	-1375.17%	-82.76%	62.35%	105.59%	-2330.22%	25.85%	105.20%	1252.57%	-102.45%
Change in YoY Net Profit Growth (%)	0.00%	125.63%	-1470.00%	1292.42%	145.11%	43.24%	-2435.81%	2356.07%	79.35%	1147.37%	-1355.02%

Chowgule Steamships Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2012-2013 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	2582%

Compounded Profit Growth
10 Years:	7%
5 Years:	%
3 Years:	26%
TTM:	124%

Stock Price CAGR
10 Years:	0%
5 Years:	56%
3 Years:	24%
1 Year:	27%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	%
Last Year:	%

Last Updated: Unknown

Balance Sheet

Last Updated: Unknown

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Sep 2023
Equity Capital	36.31	36.31	36.31	36.31	36.31	36.31	36.31	36.31	36.31	36.31	36.31	36.31	36.31
Reserves	453.50	338.77	359.93	270.59	96.52	18.88	24.36	-63.40	-139.37	-133.25	-88.81	-97.45	-93.34
Borrowings	314.66	419.18	428.21	414.06	349.05	334.06	327.29	58.29	66.43	57.22	14.13	12.45	12.58
Other Liabilities	30.88	28.41	23.13	21.45	89.90	94.11	101.89	383.14	333.92	154.67	86.42	93.97	96.35
Total Liabilities	835.35	822.67	847.58	742.41	571.78	483.36	489.85	414.34	297.29	114.95	48.05	45.28	51.90
Fixed Assets	586.52	669.38	664.59	577.16	479.15	437.41	440.91	362.57	115.23	103.21	6.92	6.43	6.22
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	88.05	29.41	71.60	47.92	14.01	5.79	1.26	1.39	2.24	3.27	6.67	6.88	12.04
Other Assets	160.78	123.88	111.39	117.33	78.62	40.16	47.68	50.38	179.82	8.47	34.46	31.97	33.64
Total Assets	835.35	822.67	847.58	742.41	571.78	483.36	489.85	414.34	297.29	114.95	48.05	45.28	51.90

Below is a detailed analysis of the balance sheet data for Chowgule Steamships Ltd based on the most recent figures (Sep 2023) and their trends compared to the previous period:

For Equity Capital, as of Sep 2023, the value is ₹36.31 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2023) which recorded 36.31 Cr..
For Reserves, as of Sep 2023, the value is ₹-93.34 Cr.. The value appears to be improving (becoming less negative). It has improved from -97.45 Cr. (Mar 2023) to ₹-93.34 Cr., marking an improvement of 4.11 Cr..
For Borrowings, as of Sep 2023, the value is ₹12.58 Cr.. The value appears to be increasing, which may not be favorable. However, Reserves are negative, which is a major warning sign. It has increased from 12.45 Cr. (Mar 2023) to ₹12.58 Cr., marking an increase of 0.13 Cr..
For Other Liabilities, as of Sep 2023, the value is ₹96.35 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 93.97 Cr. (Mar 2023) to ₹96.35 Cr., marking an increase of 2.38 Cr..
For Total Liabilities, as of Sep 2023, the value is ₹51.90 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 45.28 Cr. (Mar 2023) to ₹51.90 Cr., marking an increase of 6.62 Cr..
For Fixed Assets, as of Sep 2023, the value is ₹6.22 Cr.. The value appears to be declining and may need further review. It has decreased from 6.43 Cr. (Mar 2023) to ₹6.22 Cr., marking a decrease of 0.21 Cr..
For CWIP, as of Sep 2023, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2023) which recorded 0.00 Cr..
For Investments, as of Sep 2023, the value is ₹12.04 Cr.. The value appears strong and on an upward trend. It has increased from 6.88 Cr. (Mar 2023) to ₹12.04 Cr., marking an increase of 5.16 Cr..
For Other Assets, as of Sep 2023, the value is ₹33.64 Cr.. The value appears strong and on an upward trend. It has increased from 31.97 Cr. (Mar 2023) to ₹33.64 Cr., marking an increase of 1.67 Cr..
For Total Assets, as of Sep 2023, the value is ₹51.90 Cr.. The value appears strong and on an upward trend. It has increased from 45.28 Cr. (Mar 2023) to ₹51.90 Cr., marking an increase of 6.62 Cr..

However, the Borrowings (12.58 Cr.) are higher than the Reserves (₹-93.34 Cr.), which may signal higher financial risk.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Cash from Operating Activity +	135.55	45.54	11.14	17.43	-5.96	6.10	19.17	9.01	32.33	-3.83	19.62	-2.21
Cash from Investing Activity +	-330.85	-137.41	7.62	25.97	48.57	5.80	8.97	-6.34	7.18	3.44	92.24	1.20
Cash from Financing Activity +	24.46	74.25	-44.76	-45.28	-38.41	-15.85	-23.30	-4.09	-39.71	-3.10	-110.65	-2.88
Net Cash Flow	-170.84	-17.62	-26.00	-1.88	4.19	-3.94	4.84	-1.41	-0.20	-3.49	1.22	-3.89

Free Cash Flow

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Free Cash Flow	-294.05	-533.03	-416.86	-484.97	-358.30	-336.37	-284.02	-22.95	-87.75	-48.96	7.71	-15.76

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Debtor Days	0.00	0.00	15.19	25.90	4.84	10.02	0.00	2.47	14.71	11.32	0.31
Inventory Days
Days Payable
Cash Conversion Cycle	0.00	0.00	15.19	25.90	4.84	10.02	0.00	2.47	14.71	11.32	0.31
Working Capital Days	-179.22	-188.98	-140.05	-165.62	-226.03	-219.10	-425.17	-122.93	-122.52	-175.77	-7.79
ROCE %	-0.99%	-17.53%	-4.03%	-13.62%	-6.47%	-5.22%	3.87%	2.83%	-60.40%	15.78%	182.66%	-3.05%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	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	72.13%	72.06%	72.05%	72.05%	72.05%	71.73%	72.05%	72.05%	72.05%	72.05%	72.13%	72.13%
FIIs	0.00%	0.00%	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DIIs	0.05%	0.05%	0.06%	0.06%	0.06%	0.06%	0.06%	0.06%	0.06%	0.06%	0.06%	0.06%
Public	27.81%	27.89%	27.89%	27.89%	27.88%	28.21%	27.90%	27.88%	27.89%	27.90%	27.81%	27.82%
No. of Shareholders	20,726	20,728	20,636	20,551	20,429	20,253	20,110	20,050	20,085	20,307	20,502	20,762

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	-0.32	13.04	0.96	-18.54	-25.00
Diluted EPS (Rs.)	-0.32	13.04	0.96	-18.54	-25.00
Cash EPS (Rs.)	-0.18	14.41	3.56	-12.38	-16.18
Book Value[Excl.RevalReserv]/Share (Rs.)	3.54	4.33	-8.48	-9.70	9.68
Book Value[Incl.RevalReserv]/Share (Rs.)	3.54	4.33	-8.48	-9.70	9.68
Revenue From Operations / Share (Rs.)	0.00	9.67	8.97	21.32	24.85
PBDIT / Share (Rs.)	-0.09	15.53	4.62	-3.50	-9.01
PBIT / Share (Rs.)	-0.23	14.16	2.02	-9.66	-17.83
PBT / Share (Rs.)	-0.53	12.80	2.21	-18.12	-25.26
Net Profit / Share (Rs.)	-0.31	13.04	0.96	-18.54	-25.00
NP After MI And SOA / Share (Rs.)	-0.31	13.04	0.96	-18.54	-25.00
PBDIT Margin (%)	0.00	160.61	51.48	-16.39	-36.25
PBIT Margin (%)	0.00	146.42	22.52	-45.29	-71.74
PBT Margin (%)	0.00	132.32	24.63	-84.99	-101.62
Net Profit Margin (%)	0.00	134.81	10.73	-86.93	-100.59
NP After MI And SOA Margin (%)	0.00	134.81	10.73	-86.93	-100.59
Return on Networth / Equity (%)	0.00	-90.16	-3.60	0.00	0.00
Return on Capital Employeed (%)	-4.37	108.79	8.28	-31.65	-20.61
Return On Assets (%)	-2.55	98.52	3.04	-22.64	-21.90
Long Term Debt / Equity (X)	0.00	-0.26	-0.50	-0.64	0.00
Total Debt / Equity (X)	-0.20	-0.26	-0.59	-0.64	-2.15
Current Ratio (X)	0.46	15.91	0.39	0.91	0.21
Quick Ratio (X)	0.46	15.91	0.37	0.90	0.19
Interest Coverage Ratio (X)	-0.29	11.40	1.62	-0.41	-1.21
Interest Coverage Ratio (Post Tax) (X)	-0.03	10.57	0.27	-1.19	-2.37
Enterprise Value (Cr.)	128.03	123.18	137.78	137.25	141.40
EV / Net Operating Revenue (X)	0.00	3.51	4.23	1.77	1.57
EV / EBITDA (X)	-382.53	2.18	8.22	-10.81	-4.32
MarketCap / Net Operating Revenue (X)	0.00	1.33	0.58	0.14	0.32
Price / BV (X)	-0.71	-0.88	-0.19	-0.10	-1.08
Price / Net Operating Revenue (X)	0.00	1.33	0.58	0.14	0.32
EarningsYield	-0.02	1.01	0.18	-6.08	-3.11

After reviewing the key financial ratios for Chowgule Steamships Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 23, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 22) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 23, the value is -0.32. This value is below the healthy minimum of 5. It has decreased from 13.04 (Mar 22) to -0.32, marking a decrease of 13.36.
For Diluted EPS (Rs.), as of Mar 23, the value is -0.32. This value is below the healthy minimum of 5. It has decreased from 13.04 (Mar 22) to -0.32, marking a decrease of 13.36.
For Cash EPS (Rs.), as of Mar 23, the value is -0.18. This value is below the healthy minimum of 3. It has decreased from 14.41 (Mar 22) to -0.18, marking a decrease of 14.59.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 23, the value is 3.54. It has decreased from 4.33 (Mar 22) to 3.54, marking a decrease of 0.79.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 23, the value is 3.54. It has decreased from 4.33 (Mar 22) to 3.54, marking a decrease of 0.79.
For Revenue From Operations / Share (Rs.), as of Mar 23, the value is 0.00. It has decreased from 9.67 (Mar 22) to 0.00, marking a decrease of 9.67.
For PBDIT / Share (Rs.), as of Mar 23, the value is -0.09. This value is below the healthy minimum of 2. It has decreased from 15.53 (Mar 22) to -0.09, marking a decrease of 15.62.
For PBIT / Share (Rs.), as of Mar 23, the value is -0.23. This value is below the healthy minimum of 0. It has decreased from 14.16 (Mar 22) to -0.23, marking a decrease of 14.39.
For PBT / Share (Rs.), as of Mar 23, the value is -0.53. This value is below the healthy minimum of 0. It has decreased from 12.80 (Mar 22) to -0.53, marking a decrease of 13.33.
For Net Profit / Share (Rs.), as of Mar 23, the value is -0.31. This value is below the healthy minimum of 2. It has decreased from 13.04 (Mar 22) to -0.31, marking a decrease of 13.35.
For NP After MI And SOA / Share (Rs.), as of Mar 23, the value is -0.31. This value is below the healthy minimum of 2. It has decreased from 13.04 (Mar 22) to -0.31, marking a decrease of 13.35.
For PBDIT Margin (%), as of Mar 23, the value is 0.00. This value is below the healthy minimum of 10. It has decreased from 160.61 (Mar 22) to 0.00, marking a decrease of 160.61.
For PBIT Margin (%), as of Mar 23, the value is 0.00. This value is below the healthy minimum of 10. It has decreased from 146.42 (Mar 22) to 0.00, marking a decrease of 146.42.
For PBT Margin (%), as of Mar 23, the value is 0.00. This value is below the healthy minimum of 10. It has decreased from 132.32 (Mar 22) to 0.00, marking a decrease of 132.32.
For Net Profit Margin (%), as of Mar 23, the value is 0.00. This value is below the healthy minimum of 5. It has decreased from 134.81 (Mar 22) to 0.00, marking a decrease of 134.81.
For NP After MI And SOA Margin (%), as of Mar 23, the value is 0.00. This value is below the healthy minimum of 8. It has decreased from 134.81 (Mar 22) to 0.00, marking a decrease of 134.81.
For Return on Networth / Equity (%), as of Mar 23, the value is 0.00. This value is below the healthy minimum of 15. It has increased from -90.16 (Mar 22) to 0.00, marking an increase of 90.16.
For Return on Capital Employeed (%), as of Mar 23, the value is -4.37. This value is below the healthy minimum of 10. It has decreased from 108.79 (Mar 22) to -4.37, marking a decrease of 113.16.
For Return On Assets (%), as of Mar 23, the value is -2.55. This value is below the healthy minimum of 5. It has decreased from 98.52 (Mar 22) to -2.55, marking a decrease of 101.07.
For Long Term Debt / Equity (X), as of Mar 23, the value is 0.00. This value is below the healthy minimum of 0.2. It has increased from -0.26 (Mar 22) to 0.00, marking an increase of 0.26.
For Total Debt / Equity (X), as of Mar 23, the value is -0.20. This value is within the healthy range. It has increased from -0.26 (Mar 22) to -0.20, marking an increase of 0.06.
For Current Ratio (X), as of Mar 23, the value is 0.46. This value is below the healthy minimum of 1.5. It has decreased from 15.91 (Mar 22) to 0.46, marking a decrease of 15.45.
For Quick Ratio (X), as of Mar 23, the value is 0.46. This value is below the healthy minimum of 1. It has decreased from 15.91 (Mar 22) to 0.46, marking a decrease of 15.45.
For Interest Coverage Ratio (X), as of Mar 23, the value is -0.29. This value is below the healthy minimum of 3. It has decreased from 11.40 (Mar 22) to -0.29, marking a decrease of 11.69.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 23, the value is -0.03. This value is below the healthy minimum of 3. It has decreased from 10.57 (Mar 22) to -0.03, marking a decrease of 10.60.
For Enterprise Value (Cr.), as of Mar 23, the value is 128.03. It has increased from 123.18 (Mar 22) to 128.03, marking an increase of 4.85.
For EV / Net Operating Revenue (X), as of Mar 23, the value is 0.00. This value is below the healthy minimum of 1. It has decreased from 3.51 (Mar 22) to 0.00, marking a decrease of 3.51.
For EV / EBITDA (X), as of Mar 23, the value is -382.53. This value is below the healthy minimum of 5. It has decreased from 2.18 (Mar 22) to -382.53, marking a decrease of 384.71.
For MarketCap / Net Operating Revenue (X), as of Mar 23, the value is 0.00. This value is below the healthy minimum of 1. It has decreased from 1.33 (Mar 22) to 0.00, marking a decrease of 1.33.
For Price / BV (X), as of Mar 23, the value is -0.71. This value is below the healthy minimum of 1. It has increased from -0.88 (Mar 22) to -0.71, marking an increase of 0.17.
For Price / Net Operating Revenue (X), as of Mar 23, the value is 0.00. This value is below the healthy minimum of 1. It has decreased from 1.33 (Mar 22) to 0.00, marking a decrease of 1.33.
For EarningsYield, as of Mar 23, the value is -0.02. This value is below the healthy minimum of 5. It has decreased from 1.01 (Mar 22) to -0.02, marking a decrease of 1.03.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Chowgule Steamships Ltd as of April 4, 2025 is: 501.56

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 4, 2025, Chowgule Steamships Ltd is Undervalued by 1,890.32% compared to the current share price 25.20

Default values used*: Default value of 15% for ROE is used

Intrinsic Value of Chowgule Steamships Ltd as of April 4, 2025 is: 919.78

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of April 4, 2025, Chowgule Steamships Ltd is Undervalued by 3,549.92% compared to the current share price 25.20

Default values used*: Default value of 15% for ROE is used

Last 5 Year EPS CAGR: 83.38%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock is trading at a low valuation with an average P/B ratio of -2.31 and average Dividend Yield of 10.38%. The stock has a low average Working Capital Days of -164.43, which is a positive sign.	The stock has a low average ROCE of 7.82%, which may not be favorable. The stock has a high average Cash Conversion Cycle of 7.06, which may not be favorable. The company has higher borrowings (215.97) compared to reserves (72.84), which may suggest financial risk. The company has not shown consistent growth in sales (57.75) and profit (-57.60).

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Chowgule Steamships Ltd:
1. Net Profit Margin: 0%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: -4.37% (Industry Average ROCE: 37.03%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 0% (Industry Average ROE: 15.57%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): -0.03
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.46
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 261 (Industry average Stock P/E: 66.29)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: -0.2
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Chowgule Steamships Ltd. is a Public Limited Listed company incorporated on 09/04/1963 and has its registered office in the State of Goa, India. Company's Corporate Identification Number(CIN) is L63090GA1963PLC000002 and registration number is 000002. Currently company belongs to the Industry of Shipping. Company's Total Operating Revenue is Rs. 4.09 Cr. and Equity Capital is Rs. 36.31 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Shipping	503, 5th floor, Gabmar Apartment, Vasco Da Gama Goa 403802	compliance@chowgulesteamships.co.in http://www.chowgulesteamships.co.in

Management
Name	Position Held
Mr. Vijay Vishwasrao Chowgule	Promoter and Executive Director
Mr. Ramesh Chowgule Laxmanrao	Promoter Non-Exe.Director
Dr. Rohini Vishwasrao Chowgule	Promoter Non-Exe.Director
Mr. Amit Khandelwal	Ind. Non-Executive Director
Mr. Mangesh Sawant	Ind. Non-Executive Director
Mr. Deepak Jadhav	Ind. Non-Executive Director

FAQ

What is the intrinsic value of Chowgule Steamships Ltd?

Chowgule Steamships Ltd's intrinsic value (as of 04 April 2025) is ₹501.56 — 1890.32% higher the current market price of ₹25.20, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 91.5 Cr. market cap, FY2025-2026 high/low of ₹36.5/18.4, reserves of -93.34 Cr, and liabilities of 51.90 Cr.

What is the Market Cap of Chowgule Steamships Ltd?

The Market Cap of Chowgule Steamships Ltd is 91.5 Cr..

What is the current Stock Price of Chowgule Steamships Ltd as on 04 April 2025?

The current stock price of Chowgule Steamships Ltd as on 04 April 2025 is 25.2.

What is the High / Low of Chowgule Steamships Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Chowgule Steamships Ltd stocks is ₹36.5/18.4.

What is the Stock P/E of Chowgule Steamships Ltd?

The Stock P/E of Chowgule Steamships Ltd is 261.

What is the Book Value of Chowgule Steamships Ltd?

The Book Value of Chowgule Steamships Ltd is 15.7.

What is the Dividend Yield of Chowgule Steamships Ltd?

The Dividend Yield of Chowgule Steamships Ltd is 0.00 %.

What is the ROCE of Chowgule Steamships Ltd?

The ROCE of Chowgule Steamships Ltd is 3.05 %.

What is the ROE of Chowgule Steamships Ltd?

The ROE of Chowgule Steamships Ltd is %.

What is the Face Value of Chowgule Steamships Ltd?

The Face Value of Chowgule Steamships Ltd is 10.0.