CHOWGULSTM
Chowgule Steamships financials
- Market cap
- ₹80 Cr
- Sector
- Services
What Chowgule Steamships Ltd. does
Chowgule Steamships Limited no longer runs shipping or ship-repair operations directly; it earns income by licensing/leasing its movable and immovable property under leave-and-license arrangements to group-affiliated operating companies. Its principal property lessees are Chowgule Lavgan Shiprepair Private Limited, which is engaged in ship repairing, engineering, processing and commissioning, and Angre Port Private Limited, which conducts port operations — both companies share common directors with Chowgule Steamships. The company also places inter-corporate deposits with its promoter, Dolphin Investments Limited.
Segments
- Property leasing to ship-repair affiliate
- Property leasing to port-operations affiliate
- Property-leasing affiliates
- 2 (ship-repair and port-operations related parties)
Quarterly results
Q3 FY24: net profit down 12.5% against the same quarter last year.
| Line item | Q4 FY22 | Q1 FY23 | Q2 FY23 | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 −100% | 1 | 1 | 1 |
| EBITDA | -1 | -1 | -1 | -1 | -1 +40% | 0 +122% | 0 +107% | 0 +126% |
| Net profit | -2 | -1 | 0 | 1 | -2 +16% | 5 +936% | 0 +975% | 1 −12% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +15.7% YTD
YTD: ₹7 on 1 Jan 2001 → ₹8.1. High ₹10.7 (5 Feb 2001), low ₹6.65 (15 Jan 2001).
Financials, as filed
| Year ending | FY22 | FY23 |
|---|---|---|
| Revenue | ₹35 Cr | ₹0 Cr |
| Operating profit | ₹22 Cr | ₹-3 Cr |
| Operating margin | 62.2% | — |
| Interest | ₹5 Cr | ₹1 Cr |
| Depreciation | ₹5 Cr | ₹1 Cr |
| Net profit | ₹47 Cr | ₹-1 Cr |
| Net margin | 134.8% | — |
| Cash from operations | ₹20 Cr | ₹-2 Cr |
| Free cash flow | ₹141 Cr | ₹-2 Cr |
| ROCE | 182.7% | -3.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 |
|---|---|---|---|---|---|---|
| Equity capital | ₹36 Cr | ₹36 Cr | ₹36 Cr | ₹36 Cr | ₹36 Cr | ₹36 Cr |
| Reserves | ₹24 Cr | ₹-63 Cr | ₹-139 Cr | ₹-133 Cr | ₹-89 Cr | ₹-93 Cr |
| Borrowings | ₹327 Cr | ₹58 Cr | ₹66 Cr | ₹57 Cr | ₹14 Cr | ₹13 Cr |
| Other liabilities | ₹102 Cr | ₹383 Cr | ₹334 Cr | ₹155 Cr | ₹86 Cr | ₹96 Cr |
| Total liabilities | ₹490 Cr | ₹414 Cr | ₹297 Cr | ₹115 Cr | ₹48 Cr | ₹52 Cr |
| Fixed assets | ₹441 Cr | ₹363 Cr | ₹115 Cr | ₹103 Cr | ₹7 Cr | ₹6 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹1 Cr | ₹1 Cr | ₹2 Cr | ₹3 Cr | ₹7 Cr | ₹12 Cr |
| Other assets | ₹48 Cr | ₹50 Cr | ₹180 Cr | ₹8 Cr | ₹34 Cr | ₹34 Cr |
| Total assets | ₹490 Cr | ₹414 Cr | ₹297 Cr | ₹115 Cr | ₹48 Cr | ₹52 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count shrank 1% to 20,711.
- Promoters
- 72.1%
- DIIs
- 0.1%
- Public
- 27.8%
Since Jun 2025
- Promoters 0.00 pp
- DIIs 0.00 pp
- Public 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 72.0%, DIIs 0.1%, Public 27.9%.Dec '23: Promoters 72.0%, DIIs 0.1%, Public 27.9%.Mar '24: Promoters 72.0%, DIIs 0.1%, Public 27.9%.Jun '24: Promoters 72.0%, DIIs 0.1%, Public 27.9%.Sep '24: Promoters 72.1%, DIIs 0.1%, Public 27.8%.Dec '24: Promoters 72.1%, DIIs 0.1%, Public 27.8%.Mar '25: Promoters 72.1%, DIIs 0.1%, Public 27.8%.Jun '25: Promoters 72.1%, DIIs 0.1%, Public 27.8%.Sep '25: Promoters 72.1%, DIIs 0.1%, Public 27.8%.Dec '25: Promoters 72.1%, DIIs 0.1%, Public 27.8%.Mar '26: Promoters 72.1%, DIIs 0.1%, Public 27.8%.Jun '26: Promoters 72.1%, DIIs 0.1%, Public 27.8%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Chowgule Steamships Ltd. above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Chowgule And Company Pvt Ltd | 48.06% | unchanged |
| Quail Investments Ltd. | 6.23% | unchanged |
| Vijay Vishwasrao Chowgule | 4.95% | unchanged |
| Chitra P Mahatme | 4.24% | unchanged |
| Pratap Baburao Shirke | 3.64% | unchanged |
| Poonam Balram Bharwani | 2.63% | unchanged |
| Rohini Vishwasrao Chowgule | 1.83% | unchanged |
| Rajiv Arondekar | 1.39% | unchanged |
| Ashok Vishwasrao Chowgule | 1.19% | unchanged |
| Dipak Kanayalal Shah | 1.11% | unchanged |
| Umaji Vishwasrao Chowgule | 1.03% | unchanged |
| Dolphin Investment Limited | 0.84% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Chowgule Steamships Ltd.
Guides on how to read this kind of business and the numbers that matter.