Chowgule Steamships Ltd: Intrinsic Value & Share Price Analysis

Q: What is the current share price and 52-week range of Chowgule Steamships Ltd?

Chowgule Steamships Ltd is trading at 20.00 as of 21 April 2026, with a FY2026-2027 high of 30.9 and low of 17.0. The stock is currently near its 52-week low. Market cap stands at 72.4 Cr..

Q: Is Chowgule Steamships Ltd financially healthy?

Key indicators: ROCE of 3.05 % is on the lower side. Dividend yield is 0.00 %.

Q: Is Chowgule Steamships Ltd profitable and how is the profit trend?

Chowgule Steamships Ltd reported a net profit of -1 Cr in Mar 2023. Compared to -67 Cr in Mar 2020, the net profit shows a mixed trend.

Fair Value

₹397.79Undervalued by 1,888.95%vs CMP ₹20.00

P/E (207.0) × ROE (15.0%) × BV (₹15.70) × DY (2.00%)

Defaults: ROE=15%

₹231.97Undervalued by 1,059.85%vs CMP ₹20.00

MoS: +91.4% (Strong)Confidence: 31/100 (Low)Models: 2 Under, 2 Fair, 1 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹729.48	30%	Under (+3547.4%)
Graham Number	Earnings	₹20.59	22%	Fair (+3%)
Earnings Power	Earnings	₹19.61	18%	Fair (-2%)
DCF	Cash Flow	₹26.01	18%	Under (+30.1%)
Earnings Yield	Earnings	₹12.00	12%	Over (-40%)
Consensus (5 models)		₹231.97	100%	Undervalued

Key Drivers: EPS CAGR 83.4% lifts DCF — verify sustainability. | P/E of 207 makes PE-ROE unreliable — asset/earnings models are better benchmarks.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 83.4% · Defaults: ROE=15%

*Investments are subject to market risks

Analyst Summary

Chowgule Steamships Ltd operates in the Shipping segment, NSE: CHOWGULSTM | BSE: 501833, current market price is ₹20.00, market cap is 72.4 Cr.. At a glance, stock P/E is 207, ROE is %, ROCE is 3.05 %, book value is 15.7, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹231.97, which is about 1,059.9% above the current price, so the page currently reads as potentially undervalued rather than fully priced. On operating trend, latest reported sales are about ₹0 Cr versus the prior period change of -100.0%, while latest net profit is about ₹-1 Cr with a prior-period change of -102.5%. The 52-week range shown on this page is 30.9/17.0, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisChowgule 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 L6309…

This summary is generated from the stock page data available for Chowgule Steamships Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

Chowgule Steamships Ltd scores 50/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health34/100 · Weak

ROCE 3.1% WeakROE 0.0% WeakD/E -2.15 Low debtInterest Coverage 0.0x RiskyProfitable 2/5 years Inconsistent

Smart Money50/100 · Moderate

Promoter holding at 72.1% Stable

Earnings Quality65/100 · Strong

OPM expanding (-1% → 31%) Improving

Quarterly Momentum80/100 · Strong

Revenue (4Q): +2,582% YoY AcceleratingOPM: 17.8% (up 17.8% YoY) Margin expansion

Industry Rank20/100 · Weak

P/E 207.0 vs industry 61.2 Premium to peersROCE 3.1% vs industry 7.9% Below peers3Y sales CAGR: -100% Shrinking

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 4:21 am

Market Cap	72.4 Cr.
Current Price	20.0
Intrinsic Value	₹231.97
High / Low	30.9/17.0
Stock P/E	207
Book Value	15.7
Dividend Yield	0.00 %
ROCE	3.05 %
ROE	%
Face Value	10.0
PEG Ratio	2.48

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

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Chowgule Steamships Ltd	72.4 Cr.	20.0	30.9/17.0	207	15.7	0.00 %	3.05 %	%	10.0
SEAMEC Ltd	3,668 Cr.	1,443	1,487/753	19.2	423	0.00 %	8.60 %	7.93 %	10.0
Shipping Corporation of India Ltd	10,778 Cr.	231	280/143	9.51	183	2.85 %	9.81 %	10.5 %	10.0
Great Eastern Shipping Company Ltd (GESHIP)	20,845 Cr.	1,460	1,509/802	9.22	1,066	2.03 %	13.9 %	14.1 %	10.0
Transworld Shipping Lines Ltd	290 Cr.	132	330/112		350	1.13 %	6.83 %	5.71 %	10.0
Industry Average	6,031.00 Cr	478.51		61.23	313.70	0.86%	7.88%	9.36%	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

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:	1%
5 Years:	42%
3 Years:	26%
1 Year:	-18%

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

Last Updated: September 5, 2025, 2:56 pm

Balance Sheet

Last Updated: July 25, 2025, 1:34 pm

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

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	-263.58	-158.93	58.03	22.78	-2.58	6.09	19.16	0.76	36.90	-1.46	140.74	-2.23
CFO/OP	656%	-40%	99%	-25%	66%	-278%	44%	25%	-147%	-40%	89%	92%

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	-179.26	-189.03	-146.43	-173.78	-347.92	-486.61	-621.57	-180.38	-122.52	-268.03	-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 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	72.05%	71.73%	72.05%	72.05%	72.05%	72.05%	72.13%	72.13%	72.13%	72.13%	72.13%	72.13%
DIIs	0.06%	0.06%	0.06%	0.06%	0.06%	0.06%	0.06%	0.06%	0.06%	0.06%	0.06%	0.06%
Public	27.88%	28.21%	27.90%	27.88%	27.89%	27.90%	27.81%	27.82%	27.81%	27.81%	27.81%	27.82%
No. of Shareholders	20,429	20,253	20,110	20,050	20,085	20,307	20,502	20,762	20,908	20,975	20,890	20,768

Shareholding Pattern Chart

No. of Shareholders

Chowgule Steamships Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

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

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

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. 3.88 Cr. and Equity Capital is Rs. 36.31 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Shipping	503, 5th Floor, Gabmar Apartment, Vasco Da Gama Goa 403802	Contact not found

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 and is it undervalued?

As of 21 April 2026, Chowgule Steamships Ltd's intrinsic value is ₹231.97, which is 1059.85% higher than the current market price of ₹20.00, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (%), book value (₹15.7), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Chowgule Steamships Ltd?

Chowgule Steamships Ltd is trading at ₹20.00 as of 21 April 2026, with a FY2026-2027 high of ₹30.9 and low of ₹17.0. The stock is currently near its 52-week low. Market cap stands at ₹72.4 Cr..

How does Chowgule Steamships Ltd's P/E ratio compare to its industry?

Chowgule Steamships Ltd has a P/E ratio of 207, which is above the industry average of 61.23. This significantly elevated P/E suggests the market expects strong future growth, or the stock may be overpriced relative to current earnings.

Is Chowgule Steamships Ltd financially healthy?

Key indicators for Chowgule Steamships Ltd: ROCE of 3.05 % is on the lower side compared to the industry average of 7.88%; ROE of % is below ideal levels (industry average: 9.36%). Dividend yield is 0.00 %.

Is Chowgule Steamships Ltd profitable and how is the profit trend?

Chowgule Steamships Ltd reported a net profit of ₹-1 Cr in Mar 2023. Compared to ₹-67 Cr in Mar 2020, the net profit shows a mixed trend.

Does Chowgule Steamships Ltd pay dividends?

Chowgule Steamships Ltd has a dividend yield of 0.00 % at the current price of ₹20.00. The company is currently not paying meaningful dividends.