DSIJ Mindshare

According to the financials, the net sales increased by 3.59 per cent and the net profit increased by 127 per cent in Q4FY23 compared to Q4FY22. The net sales increased by 8.15 per cent in FY23 compared to FY22. The company reported a net profit of Rs 4.82 crore in FY23 whereas in FY22 it reported a net profit of Rs 5.76 crore, down by 16.22 per cent.

The company's quarterly results showed strong growth, with both net sales and net profit increasing significantly. Standalone net sales increased by 26.12 per cent to Rs 324.38 crore, while consolidated net sales increased by 26.43 per cent to Rs 414.34 crore.

Shares of the company have gained more than 70 per cent in the last six months.

According to the annual results (FY23), the net sales increased by 8 per cent to Rs 729 crore in FY23 over FY22. The company reported a net profit of Rs 1 crore in FY23 compared to a net loss of Rs 57 crore in FY22. The shares of the company saw a spurt in volume by more than 1.76 times on BSE.

Seacoast Shipping Services Limited is providing single-window logistics services to exporters and importers. The company has a market cap of Rs 139.72 crore with a 3-year stock price CAGR of 30 per cent. The stock has a PE of 7.05x, a ROE of 36.10 per cent and a ROCE of 38.40 per cent.