Shreeji Shipping's Q1 operating margin matched the Services peer median
Consolidated net profit was Rs 44.29 cr, but Rs 8.49 cr of other income contributed to the reported result.
Filed 14 Aug 2026, 14:24 IST · Shreeji Shipping Global Ltd (SHREEJISPG)
Key takeaways
- Shreeji Shipping reported consolidated Q1FY27 net profit of Rs 44.29 cr, with other income of Rs 8.49 cr contributing to reported earnings.
- The consolidated operating margin was 29.54%, exactly matching the median margin of 27 Services peers that had reported the quarter.
- A 21.7% tax rate shaped the conversion of Rs 56.56 cr profit before tax into Rs 44.29 cr net profit.
Price around the results
Operating performance set the quarter's base
Shreeji Shipping reported consolidated Q1FY27 revenue of Rs 208.85 cr and operating profit of Rs 61.70 cr. The operating margin of 29.54% shows that the quarter's earnings were built on a sizeable operating contribution, rather than only below-the-line income. There is no sequential or year-on-year comparison in the reported set, so the quarter's direction cannot be assessed here.
Other income and tax shaped reported profit
Other income of Rs 8.49 cr supplemented operating earnings, making profit quality an important consideration alongside the Rs 44.29 cr consolidated net profit. Profit before tax was Rs 56.56 cr, while a 21.7% tax rate determined the final conversion into net profit. Interest of Rs 4.39 cr and depreciation of Rs 9.25 cr were additional charges below operating profit.
Margin was in line with reported Services peers
Shreeji Shipping's 29.54% operating margin matched the median of 27 Services companies that had reported the same quarter. On the sector comparison, the company ranked 14th from the bottom, placing it around the middle of the reported peer set. No multi-quarter trend or market reaction history is available for this quarter.
Q1FY27 at a glance
Consolidated figures as filed with NSE — cross-checked against an independent source.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹209 cr |
| Other income | ₹8 cr |
| Expenses | ₹147 cr |
| Operating profit | ₹62 cr |
| Operating margin (%) | 29.54% |
| Interest | ₹4 cr |
| Depreciation | ₹9 cr |
| Profit before tax | ₹57 cr |
| Tax | ₹12 cr |
| Net profit | ₹44 cr |
| EPS (₹) | ₹2.72 |
Operating margin of 29.54% compares with a Services sector median of 29.54% across 27 peers that have reported Q1FY27.
What to watch
- Whether operating margin holds above 29.54% in the next reported quarter.
- Whether other income remains near Rs 8.49 cr or becomes a smaller part of reported profit.
- Whether the tax rate remains close to 21.7%.