Shreeji Shipping gains after Q1 PAT climbs 50% YoY to Rs 37 cr
EBITDA stood at Rs 61.64 crore in Q1 FY26, registering the growth of 58.02% compared with Rs 39.01 crore posted in corresponding quarter last year. EBITDA margin expanded 825 bps to 38.24% in Q1 FY26 as against 29.99% in Q1 FY25.
Ashok kumar Haridas Lal, chairman & managing director, said, ?Typically, the first half of the financial year sees lower revenue compared to the second half due to monsoon-related restrictions at some ports. Despite this, we achieved a revenue increase, supported by our diverse service offerings, long-term contracts, and wide geographic presence, which help us manage seasonal fluctuations. We expect the remaining quarters of FY26 to continue performing strongly.
Recently company has received a Letter of Intent to establish floating crane facilities at Diamond Harbour under the Syama Prasad Mukharjee Port Trust Kolkata. This strategic addition will enhance our port-led services and is expected to contribute to revenue starting this financial year.
Additionally, the fresh capital raised from our IPO will support the expansion of our service portfolio. With a well-diversified fleet, strong customer relationships, and a robust pipeline of projects, we remain confident in sustaining growth, enhancing profitability, and delivering long-term value to our stakeholders.?
Shares of Shreeji Shipping Global entered into the stock market on 26 August 2025. The counter was listed at Rs 271.85, exhibiting a premium of 7.88% to the issue price. The IPO was subscribed 58.10 times.
Shreeji Shipping Global, the flagship of Jamnagar-based Shreeji Group, provides shipping and logistics solutions for dry bulk cargo, including STS lighterage, stevedoring, transportation, fleet chartering, and equipment rentals.
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