Transworld Shipping Lines

Quick check

The five things to look at first. Open one for more.

• DebtAdequate safetyRated A- by CRISIL.
• ResultsMixedIn the Jun 2026 quarter, sales fell 26% and profit rose 433% from a year earlier. (A year earlier it made a loss.)
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersSteadyThe promoters (founders or parent) own 70% of the company, about the same as in Jun 2025.
• ValuationExpensive vs its pastThe share trades at 15.6 times its yearly earnings (P/E), pricier than 81% of the time in the last 4 years. Its usual P/E is about 8.

Transworld Shipping Lines against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)15.6 against a typical 10.7: pricier than most peers (1st = cheapest).9th of 13
• Sales growth−26.1% against a typical +35.1% from a year earlier.8th of 10
• Share price, 3 months+4% against a typical −5.1%.5th of 13
• Size₹ 364.5 Cr. market value against a typical ₹ 303.8 Cr. (1st = largest).6th of 13

Exchange filings and their impact on the company.

• 26 Oct 2026General UpdatesMedium impactPositive
  Sold vessel TBC Kailash, converting an older ship to ~Rs 85-100 cr cash and a one-off profit.

  Transworld Shipping Lines completed the sale of its vessel TBC Kailash to Mandarine Ocean Ltd on 26 October 2026, with delivery at Singapore. This follows its 11 September 2026 intimation about the sale. The deal converts one vessel into cash, reducing fleet capacity but supporting liquidity and debt reduction alongside its recent two-vessel purchase.

  Full analysisFiling
• 25 Oct 2026General UpdatesHigh impactPositivePrice +3.2% on 26 Oct
  Transworld to buy two vessels, OEL Surya and OEL Varun, in a fleet-expanding deal.

  Transworld Shipping Lines said on 25 October 2026 it has signed a Memorandum of Agreement to buy two vessels, OEL Surya and OEL Varun, from Orient Express Lines INC. No purchase price, vessel age or delivery date was disclosed in the filing. The deal expands its owned fleet and, if debt-funded as is typical, will raise capacity and revenue but also increase debt, depreciation and interest costs over the next 12 months.

  Full analysisFiling
• 19 Oct 2026General UpdatesMedium impactPositivePrice +20% on 21 Oct
  Transworld signed MOA to buy vessel Saltwind Explorer, expanding fleet capacity.

  Transworld Shipping Lines signed a Memorandum of Agreement on 19 October 2026 to purchase one vessel, Saltwind Explorer, from Saltwind Explorer Inc. The filing did not disclose the purchase price, delivery timeline or funding. The addition expands the company's owned fleet and should add charter revenue over the next 12 months while increasing capex and debt.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Ramakrishnan Sivaswamy Iyer

Executive Chairman of the Board

Ashish Chauhan

Chief Executive Officer

Rajesh Desai

Chief Financial Officer

Namrata Ashish Malushte

Compliance Officer, Company Secretary

Milind Kashinath Patankar

Managing Director, Executive Director