Post by : Badri Ariffin

Shares of Shreeji Shipping Global surged over 3% on Wednesday, reflecting upbeat investor confidence after the company reported a solid financial performance for the first half of FY26. The rally comes amid positive market sentiment in the Indian stock market, pushing the stock to an intraday high of ₹253.60 on the BSE.

According to its latest exchange filing, the company’s revenue from operations rose to ₹323.39 crore in H1 FY26, up from ₹275.80 crore in the same period last year. Its EBITDA (excluding exceptional items) improved sharply to ₹118.63 crore compared to ₹88.43 crore in H1 FY25, signaling strong operational efficiency.

Margins also showed impressive improvement — EBITDA margin climbed to 36.68%, up 461 basis points from last year’s 32.07%. The company’s net profit stood at ₹79.91 crore, with Q2 FY26 profits rising 14.75% over Q1 FY26, supported by efficient cargo handling and disciplined cost management.

While the diluted EPS dipped slightly to ₹5.32 in H1 FY26 from ₹5.74 in H1 FY25, overall business growth remained resilient. Typically, the first half of the financial year is slower due to monsoon-related disruptions at major ports, but Shreeji Shipping maintained momentum through diversified services, long-term contracts, and broad geographical coverage.

Adding to its growth outlook, the company recently received a Letter of Intent to set up Floating Crane Facilities at Diamond Harbour under the Syama Prasad Mukherjee Port Trust, Kolkata. This project is expected to strengthen its port-led operations and contribute to revenue in the ongoing financial year.

On the technical front, analysts observed a strong support zone near ₹225, with resistance around the all-time high of ₹270. The stock opened at ₹247.95 and traded between ₹243.70 and ₹253.60 during the day.

With steady financial growth and strategic expansion moves, Shreeji Shipping Global continues to attract investor interest in India’s evolving logistics and maritime sector.

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