Shreeji Shipping promoters confirm no encumbrance on FY26 shares

5 min read     Updated on 06 Jun 2026, 11:52 AM
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Shreeji Shipping Global Limited disclosed that its promoters and persons acting in concert did not create any new encumbrances on their shares during FY 2025-26. The declaration, filed by promoter Ashokkumar Lal on April 07, 2026, complies with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing included a detailed list of 74 entities and individuals classified as promoters or members of the promoter group.

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Shreeji Shipping Global Limited confirmed that its promoters and persons acting in concert did not create any fresh encumbrances on their shareholdings during the financial year 2025-26. Promoter Ashokkumar Lal submitted the declaration to the National Stock Exchange of India Limited and BSE Limited on April 07, 2026, under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The confirmation ensures that the shareholding structure remains free of undisclosed charges, providing transparency to shareholders regarding the promoters' stake in the company.

The filing explicitly states that aside from previously disclosed information, no shares held by the promoters or their group were encumbered directly or indirectly in FY 2025-26. This regulatory requirement mandates periodic disclosures to prevent any hidden leveraging of promoter holdings that could affect corporate governance or shareholder interests. The declaration was addressed to the Audit Committee of shreeji shipping global and the stock exchanges for their records.

Promoter and Group Details

The disclosure included a comprehensive list of individuals and entities classified as promoters or part of the promoter group. The list comprises 74 entries, detailing the names and their specific classification within the promoter group.

Sr. No. Name of Person Classification
1. Ashokkumar Haridas Lal Promoter
2. Lal Jitendra Haridas Promoter
3. Deenaben Ashokkumar Lal Promoter
4. Kamalben Jitendrakumar Lal Promoter
5. Lal Mitesh Ashokbhai Promoter
6. Krishnaraj J Lal Promoter
7. Lal Viraj Ashokbhai Promoter
8. Ashok Lal Family Beneficiary Trust Promoter
9. Jitendra Lal Family Beneficiary Trust Promoter
10. Manjulaben Haridas Lal Promoter group
11. Ranjanben Natwarlal Thakrar Promoter group
12. Prakashbhai Anadkat Promoter group
13. Kedar Hari Jitendra Lal Promoter group
14. Kokilaben J Thakkar Promoter group
15. Raghuvir Jagdish Thakkar Promoter group
16. Yashraj J Thakkar Promoter group
17. Smita Kiritbhai Gadhiya Promoter group
18. Prarthana Jitesh Kanabar Promoter group
19. Darshan JagdishchandraThakkar Promoter group
20. Naynaben Raja Promoter group
21. Shobhanaben Jitendrakumar Bacchu Promoter group
22. Ashokkumar Haridas Lal HUF Promoter group
23. Jitendrakumar Haridas Lal HUF Promoter group
24. Anadkat Prakashbhai HUF Promoter group
25. Shree Haridas Jivandas Lal (Babubhailal) Charitable Trust Promoter group
26. Kedar Lal (Kedar Jitendra Lal) Foundation Promoter group
27. M. Bharatkumar &Co. (Proprietor) (Proprietorship of Jitendra Haridas Lal) Promoter group
28. Shreenath Petroleum(Proprietorship of Jitendra Haridas Lal) Promoter group
29. N. K. Parmar & Co. (Proprietorship of Jitendra Haridas Lal) Promoter group
30. Shreeji Cold Chain (Proprietorship of Jitendra Haridas Lal) Promoter group
31. Shreeji Roadways (Proprietorship of Ashokkumar Haridas Lal) Promoter group
32. Shreeji Cold Storage (Proprietorship of Ashokkumar Haridas Lal) Promoter group
33. Krishna Roadways (Proprietorship of Krishnaraj Jitendra Lal) Promoter group
34. Shreeji Fuel Station (Proprietorship of Krishnaraj Jitendra Lal) Promoter group
35. Shreeji Petroleum (Proprietorship of Mitesh Ashokkumar Lal) Promoter group
36. Shreenath Roadways (Proprietorship of Viraj Ashokkumar Lal) Promoter group
37. Siddhi Marine Services LLP Promoter group
38. Shreeji Investors Promoter group
39. M. Bharatkumar & Co. Promoter group
40. Shreeji Township Promoter group
41. Vision Developers Promoter group
42. Aquatic Shipping Promoter group
43. Satellite Developers Promoter group
44. Shreeji Mines Promoter group
45. Shreeji Developers Promoter group
46. Aatithya Complex & Motels Private Limited Promoter group
47. Alfalal Shipping Private Limited Promoter group
48. Amidhara Builders Private Limited Promoter group
49. Khorshed Buildcon Private Limited Promoter group
50. Krishanraj Buildcon Private Limited Promoter group
51. Krishanraj Shipping Company Limited Promoter group
52. Nomadic Solutions Private Limited Promoter group
53. Sarthak Buildcon Private Limited Promoter group
54. Shreeji Aviation Private Limited Promoter group
55. Shreeji Buildworth Private Limited Promoter group
56. Shreeji Coke and Energy Private Limited Promoter group
57. Shreeji Holiday Hotels Private Limited Promoter group
58. Shreeji News Publication (Gujarat) Private Limited Promoter group
59. Shreeji Shippers Private Limited Promoter group
60. Shreeji Shipping Services (India) Limited Promoter group
61. Shreeji Tastes Private Limited Promoter group
62. Shreeji Nuravi Coal Mining and Trading Private Limited Promoter group
63. Siddhi Wind Energy Private Limited Promoter group
64. Trincass Vyapar Private Limited Promoter group
65. Viraj Buildcon Private Limited Promoter group
66. Shakti Clearing Agency Private Limited Promoter group
67. Shreeji Global IFSC Private Limited Promoter group
68. Shreeji Nuravi Chuperbhita Simlong Mines Private Limited Promoter group
69. Numen Global Pte. Limited Promoter group
70. Shreeji Shipping Services International FZC Promoter group
71. Shreeji Maritime Global LLC FZ Promoter group
72. Shreeji Shipping Lanka Private Limited Promoter group
73. USL Lanka Logistics Private Limited Promoter group
74. Shreeji Tisha Maritime Private Limited Promoter group

Historical Stock Returns for Shreeji Shipping Global

1 Day5 Days1 Month6 Months1 Year5 Years
+0.50%-1.37%+10.75%+42.08%+81.07%+81.07%

Will the unencumbered status of promoter holdings enable Shreeji Shipping to raise fresh capital for expansion in the upcoming fiscal year?

How might this clean shareholding structure influence institutional investor confidence and stock liquidity in the near term?

Are there any strategic acquisitions or diversification plans on the horizon given the stability in the promoter group's stake?

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Shreeji Shipping FY26 revenue rises 21.5% to ₹709 crore

3 min read     Updated on 02 Jun 2026, 06:27 AM
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Shreeji Shipping Global Limited reported a 6.07% rise in FY26 net profit to ₹152.70 crore, while revenue from operations increased 21.45% to ₹709.38 crore. EBITDA grew 26.81% to ₹243.03 crore, and the company secured tonnage tax approval effective FY26. The fleet expanded to 63 self-propelled barges, with plans for further additions in Q1–Q2 FY27.

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Shreeji Shipping Global Limited reported a 21.45% increase in revenue from operations to ₹709.38 crore for the financial year ended March 31, 2026, driven by fleet expansion and entry into coastal cargo movement. Net profit for the year rose 6.07% to ₹152.70 crore, while EBITDA grew 26.81% to ₹243.03 crore. The Board of Directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, at a meeting held on May 29, 2026. The statutory auditors, M/s. Sarda & Sarda, Chartered Accountants, issued an audit report with an unmodified opinion on the financial results.

For the quarter ended March 31, 2026, the company reported a net profit of ₹40.32 crore, a decrease from ₹49.23 crore in the same quarter of the previous year. Revenue from operations for the quarter was ₹188.07 crore, compared to ₹156.00 crore in the corresponding prior period. Total expenses for the quarter increased to ₹157.76 crore from ₹90.98 crore in the corresponding prior period.

Financial Performance

The company's earnings per share (EPS) for the financial year ended March 31, 2026, stood at ₹9.75 on a basic and diluted basis, compared to ₹10.01 in the previous year. The profit before tax for the year was ₹197.47 crore. Other equity increased significantly to ₹605.96 crore as of March 31, 2026, from ₹106.90 crore in the previous year. The following table summarises the key consolidated financial metrics for the year:

Particulars FY26 (₹ in crore) FY25 (₹ in crore)
Revenue from Operations 709.38 584.08
Total Income 739.11 586.84
Total Expenses 541.63 426.67
Profit Before Tax 197.47 160.18
Net Profit for the Period 152.70 143.96
Earnings Per Share (Basic) 9.75 10.01

Quarterly Performance

The Q4 results reflect a year-on-year decline in profitability despite revenue growth, as summarised below:

Particulars Q4 FY26 (₹ in crore) Q4 FY25 (₹ in crore)
Revenue from Operations 188.07 156.00
Total Expenses 157.76 90.98
Net Profit 40.32 49.23

Strategic Milestones

The company secured Income Tax Department approval under Chapter XII-G (Tonnage Tax Scheme) for eligible inland vessels, effective FY26. It commenced coastal cargo movement through its wholly owned subsidiary, Shreeji Global IFSC Pvt. Ltd., deploying MV SJ LILY under a time charter. The company also announced plans to commence floating crane lighterage operations at Syama Prasad Mukharjee Port Trust, Kolkata, expected to start in Q1 FY27.

Fleet Expansion

The company materially expanded its owned fleet to 63 self-propelled barges. The fleet expansion across other asset classes includes:

Asset Class FY25 Fleet Current Fleet
Mini Bulk Carriers (MBCs) 5 13
Floating Cranes 7 9
Tugs 8 11
Coastal Vessel - 1

The order book includes 3 mini bulk carriers for delivery in Q1–Q2 FY27, of which 2 are all-weather vessels. This will double the all-weather MBC count to 4 within a 16-strong MBC fleet.

Material Disclosures

The company disclosed a contingent liability arising from a legal dispute regarding prospective vessel charter-cum-sale agreements. A potential counterparty has filed an admiralty suit before the Hon'ble Gujarat High Court claiming damages, with the original claim amounting to ₹118.21 crore and a revised claim of ₹628.93 crore. The company has furnished bank guarantees amounting to ₹47.16 crore for the release of vessels. No provision has been recognised based on legal advice and management assessment.

Historical Stock Returns for Shreeji Shipping Global

1 Day5 Days1 Month6 Months1 Year5 Years
+0.50%-1.37%+10.75%+42.08%+81.07%+81.07%

How will the significant rise in quarterly expenses impact margin sustainability as the company integrates its expanded fleet?

What is the projected revenue contribution from the new floating crane lighterage operations at Kolkata once they commence in Q1 FY27?

How will the Chapter XII-G Tonnage Tax Scheme approval specifically affect the company's effective tax rate and net profitability moving forward?

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1 Year Returns:+81.07%