{"id":2036,"date":"2026-05-28T13:35:00","date_gmt":"2026-05-28T08:05:00","guid":{"rendered":"https:\/\/www.bullscreen.in\/news\/?p=2036"},"modified":"2026-05-28T12:32:37","modified_gmt":"2026-05-28T07:02:37","slug":"sadhav-shipping-q4-results-2026-profit-rises-despite-margin-pressure","status":"publish","type":"post","link":"https:\/\/www.bullscreen.in\/news\/sadhav-shipping-q4-results-2026-profit-rises-despite-margin-pressure\/","title":{"rendered":"Sadhav Shipping Q4 Results 2026: Profit Rises 25% Despite Margin Pressure and Higher Costs"},"content":{"rendered":"\n

Sadhav Shipping Limited<\/a> reported mixed financial performance in its Q4 results 2026 and full-year FY26 earnings, with higher net profit supported by tax benefits even as operating margins came under pressure due to rising expenses.<\/p>\n\n\n\n

The maritime services company posted FY26 revenue from operations of \u20b997.6 crore, compared to \u20b996.9 crore in FY25, reflecting marginal growth of 1%. However, EBITDA declined 17% year-on-year to \u20b925.8 crore as operating costs surged sharply during the year. EBITDA margin narrowed to 26% from 32% a year earlier.<\/p>\n\n\n\n

Despite weaker operating profitability, profit after tax (PAT) rose 25% to \u20b914.7 crore, largely driven by a tax credit benefit of \u20b94.1 crore. Earnings per share also improved 11.5% to \u20b99.13.<\/p>\n\n\n\n

In the Q4 results 2026 update, quarterly revenue increased 22% sequentially to \u20b934.3 crore, indicating stronger operational momentum in the final quarter. EBITDA grew 26% quarter-on-quarter to \u20b97.4 crore, while PAT fell 57% sequentially to \u20b93.2 crore because of lower tax-related gains compared to the previous quarter.<\/p>\n\n\n\n

During FY26, Sadhav Shipping secured multiple contracts, including a \u20b97.35 crore mooring services order at Chennai Port, a \u20b94.67 crore repeat oil spill response contract from Paradip Port Authority, and a \u20b96.33 crore offshore vessel services deal from a private defense company.<\/p>\n\n\n\n

The company also strengthened its balance sheet by reducing long-term borrowings 28% to \u20b972.7 crore. Its debt-to-equity ratio improved to 0.71x from 1.01x, reflecting lower financial risk.<\/p>\n\n\n\n

Sadhav Shipping continues to focus on long-term annuity-style maritime contracts as India expands port infrastructure and offshore energy operations under the Maritime Vision 2047 initiative.<\/p>\n\n\n\n

<\/i><\/span>Sadhav Shipping Q4 Results 2026 Highlights <\/h2>
<\/div><\/div>\n\n\n\n
Metric<\/th>FY26<\/th>FY25<\/th>Change<\/th><\/tr><\/thead>
Revenue from Operations<\/td>\u20b997.6 Cr<\/td>\u20b996.9 Cr<\/td>+1.0%<\/td><\/tr>
EBITDA<\/td>\u20b925.8 Cr<\/td>\u20b931.3 Cr<\/td>-17.0%<\/td><\/tr>
EBITDA Margin<\/td>26.0%<\/td>32.0%<\/td>-600 bps<\/td><\/tr>
Profit After Tax (PAT)<\/td>\u20b914.7 Cr<\/td>\u20b911.75 Cr<\/td>+25.0%<\/td><\/tr>
PAT Margin<\/td>15.0%<\/td>12.0%<\/td>+300 bps<\/td><\/tr>
EPS<\/td>\u20b99.13<\/td>\u20b98.19<\/td>+11.5%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

<\/i><\/span>Q4 FY26 Performance Snapshot <\/h2>
<\/div><\/div>\n\n\n\n
Metric<\/th>Q4 FY26<\/th>QoQ Change<\/th><\/tr><\/thead>
Revenue<\/td>\u20b934.3 Cr<\/td>+22%<\/td><\/tr>
EBITDA<\/td>\u20b97.4 Cr<\/td>+26%<\/td><\/tr>
EBITDA Margin<\/td>21.2%<\/td>Improved<\/td><\/tr>
PAT<\/td>\u20b93.2 Cr<\/td>-57%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

<\/i><\/span>Key Business & Balance Sheet Updates <\/h2>
<\/div><\/div>\n\n\n\n
Metric<\/th>Details<\/th><\/tr><\/thead>
Chennai Port Contract<\/td>\u20b97.35 Cr mooring services order<\/td><\/tr>
Paradip Port Repeat Order<\/td>\u20b94.67 Cr OSR contract for 5 years<\/td><\/tr>
Defence Sector Deal<\/td>\u20b96.33 Cr offshore vessel services contract<\/td><\/tr>
Fleet Strength<\/td>20+ owned & chartered vessels across 7 ports<\/td><\/tr>
Long-Term Debt<\/td>Reduced 28% to \u20b972.7 Cr<\/td><\/tr>
Debt-to-Equity Ratio<\/td>Improved to 0.71x from 1.01x<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Source: https:\/\/nsearchives.nseindia.com\/corporate\/SADHAV_20052026154641_Reg_30_Investor_Presentation.pdf<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Sadhav Shipping Limited reported mixed financial performance in its Q4 results 2026 and full-year FY26…<\/p>\n","protected":false},"author":2,"featured_media":2037,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[213],"tags":[264,398],"class_list":["post-2036","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-transport-services","tag-q4-results-2026","tag-sadhav"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/posts\/2036","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/comments?post=2036"}],"version-history":[{"count":1,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/posts\/2036\/revisions"}],"predecessor-version":[{"id":2038,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/posts\/2036\/revisions\/2038"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/media\/2037"}],"wp:attachment":[{"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/media?parent=2036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/categories?post=2036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/tags?post=2036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}