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Open168.13
High169.5
Low167
Prev. Close167.8
Avg. Traded Price168.06
Volume10,241

MARKET DEPTH

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Total bid53.00
Total ask0.00
OrdersQtyBid
153167.8
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HIGH/LOW

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52w

LOW/HIGH

167.0011 hours ago
169.5011 hours ago
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LOWER/UPPER CIRCUITS

134.72
202.08
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Transworld Shipping Lines Ltd Stock performance
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KEY OBSERVATIONS

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noteAnnual Revenue,rose 38.31%, in the last year to ₹453.96 Cr. Its sector's average revenue growth for the last fiscal year was 15.77%.
noteAnnual Net Profit,rose 166.46% in the last year to ₹33.9 Cr. Its sector's average net profit growth for the last fiscal year was 12.31%.
noteQuarterly Revenue,rose 13.18% YoY to ₹134.62 Cr. Its sector's average revenue growth YoY for the quarter was 5.28%.
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About Transworld Shipping Lines Limited

Transworld Shipping Lines Limited (TSLL), formerly known as Shreyas Shipping and Logistics Limited, is an Indian-flagged vessel owning company under the Transworld Group, established in 1988 and headquartered in Navi Mumbai, Maharashtra. The company specializes in container feeder owning and operating services within sea and coastal freight water transport, connecting major Indian ports such as Mundra, Kandla, Pipavav, Cochin, and Tuticorin, supporting trade across both Indian coasts and neighboring countries. TSLL commenced operations in 1993 as India’s first container feeder-owning company, focusing on bridging feedering between Indian ports and Asian transshipment hubs, with core operations centered on time chartering vessels.

 

The fleet consists of 12 vessels, including 10 container ships with 22,046 TEUs capacity and 2 handysize dry bulk carriers with a combined 69,402 DWT. The company charters its container vessels to M/s. Avana Logistek Limited, a prominent coastal feeder operator, facilitating coastal transshipment in India. TSLL employed 50 persons as on March 31, 2025.

 

Key milestones include the rebranding from “Shreyas Shipping and Logistics Limited” to “Transworld Shipping Lines Limited” effective September 23, 2024, following requisite approvals and amendments to constitutional documents. In 2024, TSLL incorporated a wholly owned subsidiary in GIFT City—Transworld Sea-Connect IFSC Private Limited—to pursue IFSC-permitted ship leasing and related activities, with additional investments made during the year. TSLL has 1 subsidiary.

Key Milestones of Transworld Shipping Lines Limited

  • Rebranded from Shreyas Shipping and Logistics Limited to Transworld Shipping Lines Limited as of September 23, 2024.
  • Incorporated a wholly owned subsidiary, Transworld Sea-Connect IFSC Private Limited, in GIFT City on September 4, 2024.
  • Completed repairs and return to charterers of the M.V. SSL Brahmaputra following an engine room fire.
  • CRISIL Ratings reaffirmed “CRISIL A-/Stable” long-term credit rating.
  • Shareholder approvals for name change and related party transactions passed via postal ballot.

Transworld Shipping Lines Limited Business Segment

TSLL operates within the sea and coastal freight water transport segment, accounting for 100% of turnover for FY 2024-25. Exports constituted 8% of turnover, with the remaining derived from domestic operations. Its operational footprint includes key Indian ports and neighboring countries.

 

The company reports a single business segment: sea and coastal freight water transport involving container feeder operations and vessel time chartering.

Transworld Shipping Lines Limited Key Management

  • Mr. Ramakrishnan Sivaswamy Iyer – Executive Chairman
  • Capt. Milind K. Patankar – Managing Director
  • Capt. Ashish Chauhan – Chief Executive Officer (w.e.f. August 9, 2024)
  • Mr. Rajesh Desai – Chief Financial Officer
  • Ms. Namrata Malushte – Company Secretary and Compliance Officer

Latest Updates on Transworld Shipping Lines Limited

  • Executed corporate name change with corresponding constitutional amendments during the year.
  • Entered a strategic leadership phase with Board approval of Capt. Ashish Chauhan as CEO effective August 9, 2024.
  • Formed subsidiary Transworld Sea-Connect IFSC Private Limited at GIFT City to pursue IFSC-permitted ship leasing and related activities, with capital investments made during the year.
  • Repaired M.V. SSL Brahmaputra after engine room fire and returned vessel to charterers with insurance coverage mitigating liabilities.
  • Handled 4,95,851 TEUs of cargo in FY 2024-25, reflecting scale and operational momentum.
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Frequently Asked Questions

TSLL is an Indian-flagged vessel owning company specializing in sea and coastal freight water transport. It operates 10 container feeder ships and 2 handysize dry bulk carriers; container vessels are chartered to M/s. Avana Logistek Limited for coastal transshipment.

TSLL operates between major Indian ports including Mundra, Kandla, Pipavav, Cochin, and Tuticorin, serving both coasts of India and neighboring countries.

The company rebranded in September 2024, appointed a new CEO in August 2024, and incorporated a wholly owned ship leasing subsidiary in GIFT City in September 2024.

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