Sadhav Shipping Ltd.
NNSE:SADHAV109.00
INR
-2.55
(-2.29%)
ISIN
INE0K5H01010
Return %
Stock
S&P 500
1Y
4.66
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Vedant K. Choudhury
- Full Time Employees
- 242
- Sector
- Transportation
- Industry
- Other transportation
- Address
- Unit-618, Building No. 9, Laxmi Plaza Mumbai MA India 400053
- IPO Date
- Mar 1, 2024
- Website
- sadhavshipping.com
- Similar Companies
- Business
- Sadhav Shipping Limited (SADHAV.NS) owns and operates a fleet of more than 20 vessels providing marine transportation and support services across India's maritime sector. The company offers offshore logistics for oil and gas exploration and production; port services including operation and management of port crafts, high-speed security boats for patrolling, and barges for coastal and inland waterway cargo transportation and lighterage; and Tier 1 oil spill response services with over 8,100 meters of oil booms, initially established as India's first port-based facility in Mumbai and now operational in most major Indian ports from Kandla in Gujarat to Pandu in Assam. Headquartered in Mumbai, Maharashtra, Sadhav Shipping was incorporated in 1996, previously known as Homa Offshore & Shipping Company Private Limited, and maintains a workforce of 200-plus officers, crew, and shore-based personnel focused on safety, sustainability, and operational excellence. In January 2025, Sadhav Shipping entered into a joint venture agreement with United Petro Shipping PTE Ltd. to establish an offshore supply base in India, with one director from each company on the joint venture board. The company also signed a memorandum of understanding with United Petro Group and the Government of Odisha during the Utkarsh Odisha Conclave 2025 to develop shipbuilding facilities, dry dock repairs, oil rig maintenance, and integrated offshore supply operations in Paradip, Odisha, aligning with India's Maritime Amrit Kaal Vision 2047. In September 2025, its board approved raising INR 38 crore through preferential issuance of equity shares and the sale of vessel Aditri to Brooklyn Offshore Ltd. for USD 4.5 million, while reporting strong operating profit growth and adding new vessels to its fleet for March 2025. Sadhav Shipping affiliates with Sadhav Group entities, including Sadhav Offshore for engineering services and Sadhav Dry Docks as an investment vehicle for ship repair infrastructure.