Login & Signup

  • PreIPO
  • Startup Fund Raising
  • Valuations
  • Equity Restructing

  • Investments
  • Mutual Funds
  • Demat Account
  • Bonds/NCD
  • Insurance
  • Life Insurance
  • Health Insurance
  • Car Insurance
  • Corporates & Business
  • Property Insurance
  • Group Health Insurance
  • Marine Insurance
S

RATING

RECOMMENDATION

Buy

  • Portfolio

  • Basket

  • Watchlist

  • More

RATING

RECOMMENDATION

Buy

Business Type

Dominant Leader

  • unlisted stock logo
    Goa Shipyard Ltd Unlisted Shares Essentials

ISIN

INE178Z01013

Face Value

₹5.00

Total Share

11,64,03,748

Total Income

₹1,07,175.52 L

Profit After Tax

₹19,777.46 L

EPS

₹16.99

P/E

16.19

Market Capitalisation

₹3,201.10 Cr

Book Value

₹96,899.74 L

Sector

Industrials

Sub-sector

Shipbuildings

Cashflow - Operations

₹12,834.28 L

Cashflow - Financing

-₹9,857.26 L

Goa Shipyard Ltd Growth

Compounded Sales Growth

  • 8.67%

    1 Year

  • -14.10%

    2 Year

  • -0.93%

    3 Year

Pro Only

Compounded Profit Growth

  • 50.38%

    1 Year

  • -4.61%

    2 Year

  • 18.99%

    3 Year

Pro Only

Return On Equity

  • 20.41%

    1 Year

  • 14.44%

    2 Year

  • 25.25%

    3 Year

Pro Only

About Goa Shipyard Ltd

Overview: 

  • Goa shipyard Ltd (GSL) was established in 1957, on the west coast of India functioning under the administrative control of Ministry of Defense, Govt. of India. 
  • Goa Shipyard Ltd designs, builds, and commissions vessels for defense and commercial sector
  • The company also provides repair and modernization of vessels, technology transfer.


Key client base:

  • The key cliental of the companies are Indian Navy, Indian Coast Guard, ONGC, Madras Port Trust, Govt. of Srilanka, Govt. of Myanmar, Govt. of Goa.


Key facts:

  • Goa Shipyard Ltd is an Indian Government owned company
  • It has recorded total revenue of Rs. 1,072 Cr. and Rs. 330 Cr. of EBITDA in FY 20. 

  • Goa Shipyard Ltd Revenue Segmentation

  • Ship Construction
  • Ships repair
  • General Engineering
  • Other Operating income
  • Goa Shipyard Ltd Industry Overview

Industry Statistics

Introduction: 

  • India is the sixteenth largest shipping country in the world, with a coastline of about 7,517 km.
  • The Indian shipping industry plays an important role in the Indian economy as almost 90% of the country’s international trade is conducted by the sea. India has around 1071 ships with 722 coastal and 349 overseas ships as on FY19 as per SCI. 
  • In FY20, major ports in India handled 5164 Cr. (MT) of cargo traffic, implying a CAGR of 2.74 per cent during FY16-FY20.

Market size: 

  • In FY20, major ports in India handled 5164 Cr. MT of cargo traffic, implying a CAGR of 2.74 per cent during FY16-FY20.
  • Proposed investment in major ports is expected to total INR 136252 Cr. by 2020, while those in non-major ports will be around INR 208774 Cr.  billion.
  • Cargo traffic in the country is expected to rise to 2500 MT by 2024-25 from 1,072.23 MT in 2015-16, with CAGR of 23.3%.

Future Prospects

  • Formation of joint ventures between major ports and foreign ports, non-major ports and private companies 
  • Essar Ports to invest INR 513 Cr. in Hazira Port capacity.
  • Dubai’s port operator DP World along with The National Investment and Infrastructure Fund (NIIF) is buying Continental Warehousing Corp (Nhava Seva), one of the largest companies in the logistics sector in India for INR 2930 Cr. from its PE investors.

Government Initiatives

  • Due to large costal line of India, Government of India is putting emphasis on developing its ports and coastal lines.
  • Government has allowed 100 per cent Foreign Direct Investment (FDI) under the automatic route.



Goa Shipyard Ltd Awards & Achievements

  1. Golden Peacock Award for CSR 2019.
  2. Governance now 7th PSU leadership award.
  3. Award for Skill development initiative by Institute of Public Enterprise, Hyderabad
  4. Star performer award (Miscellaneous Transport Equipment & Parts, Large Enterprise Category) by EEPC.

Goa Shipyard Ltd Strengths

  • The company has decades of expertise in shipbuilding and a strong customer base and uses it to enhance its top line performance. 
  • The company has good infrastructure for shipbuilding enabling simultaneous construction and fitting out of many large ships.
  • Profit after Tax of the company has been increasing with a CAGR of 20% from 2017 to 2020.

Goa Shipyard Ltd Shortcomings

  • There have been some instances where there was some technical issues in final deliveries of the ships, company have to look into this as it may tarnish the image of company in market.
  • It is mention in AR20 that there is geographical limitation for expansion at the present site due to which there might be some problem in operations of the company.

Goa Shipyard Ltd Opportunities

  • Government of India, aggressive fleet expansion plan of maritime defense forces coupled with the ‘Make in India’ initiative provides great opportunity to company to construct warships and submarines for defense forces. It is a sector with high growth potential in India due to large gap between demand and supply of medical equipment.
  • Repair and refit of ships of Indian Navy and Indian Coastal Guards has got significant business potential. 

Goa Shipyard Ltd Threats

  • The company’s government contacts are subject to several complex procurement laws and regulations, in addition to the routine audits of contract pricing and any changes in government and defense priorities could result in postponement, cancellation or termination of contracts that could affect the company’s operations, as company depend of government contracts.
  • There is increase in competition from private sector in the shipbuilding market.

Goa Shipyard Ltd Rating

  • RECOMMENDATION

    Buy

  • Goa Shipyard Ltd Detail Info

Registered In

India

Planify Ticker

GsL

Reg Office: Swatantra Path, Vaddem, New Vaddem, Vasco da Gama, Goa 403802

Website: https://goashipyard.in/