Transworld Shipping Lines Ltd (TRANSWORLD) AI Stock Analysis

• Market Cap: ₹3.96B
• Dividend Yield: 0.76%
• Average Volume (3M): 2.39K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.77
• Revenue Growth: 10.69%
• EPS Growth: -203.58%
• Country: IN
• Employees: 50
• Sector: Services
• Sector Strength: N/A
• Industry: Marine Shipping
• EPS (TTM): -4.17
• Shares Outstanding: 21,957,533
• 10 Day Avg. Volume: 4,480
• 30 Day Avg. Volume: 2,390
• PEG Ratio: -0.10
• Price to Book (P/B): 0.71
• Price to Sales (P/S): 1.27
• P/FCF Ratio: 4.19
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 60 Neutral
• Price Target: ₹189.00 ▼(-22.67% Downside)

The score is supported by improving fundamentals (strong revenue rebound, positive margins, and healthier leverage), but is held back by weak technicals (price below key moving averages and negative MACD) and an unfavorable/unclear valuation signal from a negative P/E alongside a low dividend yield.

Positive Factors

Revenue rebound & return to profitability

A 58% revenue rebound with a return to positive net margins demonstrates restored demand and improved pricing/volume mix across shipping and logistics. Durable top-line recovery enhances asset utilization and fixed-cost absorption, supporting sustainable cash generation if trends persist.

Conservative balance sheet and reduced leverage

Low leverage (D/E 0.41) and a strong equity ratio provide financial flexibility versus cyclical freight swings. This capital structure supports strategic investment, fleet maintenance or selective M&A without overly increasing refinancing risk, improving medium-term resilience.

Improving cash generation

Positive FCF growth and OCF exceeding net income indicate solid cash conversion and operating quality. Consistent cash flow supports capex, debt servicing and stakeholder returns over months ahead, although further alignment of FCF to earnings would strengthen durability of cash-driven choices.

Negative Factors

Margins still below prior peak

Improved margins are encouraging but remain under prior peaks, leaving profitability vulnerable to cost inflation, rate normalization or competitive pressure. Until margins sustainably recover, expansion of ROE and long-term free cash flow will be constrained.

Modest return on equity

ROE around 4.2% signals limited efficiency in converting equity into profits. Persistently low ROE can restrict internally funded growth, forcing reliance on higher leverage or equity issuance for expansion and potentially diluting long-term shareholder returns.

Earnings volatility (EPS contraction)

Severe EPS decline indicates earnings volatility, likely from cyclical freight swings or one-offs. Such swings reduce predictability of profits, complicate capital allocation and budgeting, and weaken confidence in sustainable earnings improvement across the medium term.

Transworld Shipping Lines Ltd Business Overview & Revenue Model

Company Description

Transworld Shipping Lines Limited provides coastal container shipping in India and internationally. It owns and operates container feeder ships. As of March 31, 2025, the company owned and operated a fleet of 12 vessels with a total capacity of 2,79,962 MT GRT and 3,62,413 MT DWT comprising 10 container vessels with a total capacity of 22,046 TEUs; and 2 dry bulk vessels with an aggregate of 69,402 MT DWT. It serves industries, including steel, road and infrastructure, defence, thermal power plants, oil and energy, consumer goods, and public sector undertakings. The company was formerly known as Shreyas Shipping and Logistics Limited and changed its name to Transworld Shipping Lines Limited in September 2024. Transworld Shipping Lines Limited was incorporated in 1988 and is headquartered in Navi Mumbai, India. Transworld Shipping Lines Limited operates as a subsidiary of Transworld Holdings Limited.

How the Company Makes Money

TRANSWORLD generates revenue primarily through freight charges for transporting goods across international waters. Its key revenue streams include shipping fees for container and bulk cargo services, logistics solutions, and value-added services such as warehousing and customs clearance. The company may also earn income through strategic partnerships with other shipping lines and logistics providers, enabling it to expand its service offerings and reach. Additionally, TRANSWORLD may benefit from long-term contracts with major clients, providing a stable revenue base.

Transworld Shipping Lines Ltd Financial Statement Overview

Summary

Income statement shows a strong rebound with 58.41% revenue growth and a return to positive profitability (net margin 7.61%), though margins remain below prior peak levels. Balance sheet leverage is moderate and improving (debt-to-equity 0.41; equity ratio 66.79%), but ROE is modest (4.24%). Cash flow is improving (FCF +6.53%; operating cash flow to net income 1.23), yet free cash flow conversion to earnings is not fully aligned (FCF/net income 0.80).

Income Statement

Transworld Shipping Lines Ltd has shown a strong recovery in its income statement metrics. The company achieved a significant revenue growth rate of 58.41% in the latest year, bouncing back from a decline in the previous year. Gross profit margin improved to 20.40%, and net profit margin turned positive at 7.61%, indicating enhanced profitability. However, the margins are still below the peak levels seen in 2023, suggesting room for further improvement.

Balance Sheet

The balance sheet of Transworld Shipping Lines Ltd reflects a stable financial position with a debt-to-equity ratio of 0.41, which is an improvement from previous years, indicating reduced leverage. The return on equity is modest at 4.24%, showing potential for higher profitability. The equity ratio stands at 66.79%, highlighting a strong equity base. Overall, the company has managed its debt levels well, but profitability metrics could be enhanced.

Cash Flow

Cash flow analysis reveals a positive trend with a 6.53% growth in free cash flow. The operating cash flow to net income ratio is healthy at 1.23, indicating efficient cash generation relative to net income. However, the free cash flow to net income ratio of 0.80 suggests that while cash flow is improving, there is still room for better alignment with net income. The company has shown resilience in cash flow management, but further improvements are needed to optimize free cash flow.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	4.46B	2.81B	4.82B	5.35B
Gross Profit	909.10M	-433.80M	2.13B	2.23B
EBITDA	1.49B	668.60M	2.63B	2.49B
Net Income	339.00M	-510.10M	1.97B	2.11B
Balance Sheet
Total Assets	11.98B	12.47B	13.57B	9.14B
Cash, Cash Equivalents and Short-Term Investments	808.30M	507.00M	271.70M	650.50M
Total Debt	3.32B	4.05B	4.99B	2.35B
Total Liabilities	3.98B	4.81B	5.39B	2.84B
Stockholders Equity	8.00B	7.67B	8.19B	6.29B
Cash Flow
Free Cash Flow	1.36B	-245.10M	-2.62B	-1.66B
Operating Cash Flow	1.69B	189.60M	2.31B	1.18B
Investing Cash Flow	-415.40M	956.20M	-4.98B	-785.80M
Financing Cash Flow	-1.15B	-1.29B	2.27B	152.30M

Transworld Shipping Lines Ltd Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 244.40
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:TRANSWORLD, the sentiment is Neutral. The current price of 244.4 is above the 20-day moving average (MA) of 170.07, above the 50-day MA of 185.38, and below the 200-day MA of 246.96, indicating a neutral trend. The MACD of -4.95 indicates Negative momentum. The RSI at 50.73 is Neutral, neither overbought nor oversold. The STOCH value of 82.51 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:TRANSWORLD.

Transworld Shipping Lines Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RITCO	74 Outperform	₹6.89B	15.14	―	―	34.34%	2.00%
TRANSWORLD	60 Neutral	₹3.96B	-61.15	―	0.76%	10.69%	-203.58%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
CLEDUCATE	52 Neutral	₹4.04B	-22.39	―	―	43.91%	-249.30%
NDTV	45 Neutral	₹9.23B	-2.14	―	―	19.53%	-138.48%
SADBHIN	44 Neutral	₹1.17B	-1.86	―	―	4.63%	67.17%
SICALLOG	39 Underperform	₹5.91B	-400.61	―	―	76.34%	94.50%

Transworld Shipping Lines Ltd Corporate Events

Transworld Shipping Lines Vessel Cleared to Sail After Gujarat High Court Release Order

Transworld Shipping Lines Limited has disclosed that the Gujarat High Court in Ahmedabad has issued a release order permitting its vessel SSL Visakhapatnam to sail from Hazira port, following an admiralty suit involving allegations of misdelivery of cargo without presentation of the original bill of lading. In connection with the case, the court had directed the deposit of security, and the company has quantified the financial impact of the matter at about INR 7.5 crore, including legal and related costs, highlighting a material but contained operational and financial exposure arising from the dispute.

Transworld Shipping Lines Vessel SSL Visakhapatnam Arrested by Gujarat High Court in Cargo Dispute

Transworld Shipping Lines Limited has disclosed that the Gujarat High Court in Ahmedabad has issued an arrest order on its vessel SSL Visakhapatnam in connection with an admiralty suit filed by Kishan Minerals. The plaintiff has alleged misdelivery of cargo without the presentation of the original bill of lading, and the court has ordered the company to deposit INR 7.44 crore as security, creating a quantified potential financial impact while the matter remains pending adjudication.