Shreyas Shipping is a Transworld Group Company. Transworld is one of the largest group in Shipping & Logistics Sector. It has two subsidiaries
1). Shreyas Relay Systems Ltd (100%)
2). SRS Freight Management Ltd (51.1%)
CONTAINER FEEDER SERVICES:Shreyas Shipping the listed company operates in this business. Container Feeder Service covers carriage of containers of Main Line Container Operators from Indian Ports to proximal well equipped International Container Transshipment Terminals like Dubai, Colombo & Singapore. It is the one and only one company in India which provides this type of service.
Multimodal Logistics Services:Shreyas Relay Systems provides scheduled round the clock seamless, door-to-door, domestic, multimodal container transportation solutions incorporating the Road-Rail-Sea-Air route.
Freight Forwarding Services:SRS Freight Management Ltd, leveraging its own domestic network & through the parent Transworld Group’s global network spread over Europe, USA, Middle East, Far East and Indian sub-continent offers the customers with complete Freight Forwarding and Supply Chain Management Services (SCM) around the globe.
Fleet Size: Company has 6 vessels in its fleet. Company may further expand its fleet size in near future.
In the recent result press release for Dec quarter company has announced plans to foray into E-Commerce sector. If it do that then it will be only one of the few listed e-commerce companies.
When all other e-commerce & logistics companies are trading at astronomical valuation of 50-60 times PE ratio. This stock is trading at just at 10 time PE based on its FY16 estimated EPS of Rs.40/- which is a dirt cheap valuation.
http://www.transworld.com/shreyas/
1). Shreyas Relay Systems Ltd (100%)
2). SRS Freight Management Ltd (51.1%)
CONTAINER FEEDER SERVICES:Shreyas Shipping the listed company operates in this business. Container Feeder Service covers carriage of containers of Main Line Container Operators from Indian Ports to proximal well equipped International Container Transshipment Terminals like Dubai, Colombo & Singapore. It is the one and only one company in India which provides this type of service.
Multimodal Logistics Services:Shreyas Relay Systems provides scheduled round the clock seamless, door-to-door, domestic, multimodal container transportation solutions incorporating the Road-Rail-Sea-Air route.
Freight Forwarding Services:SRS Freight Management Ltd, leveraging its own domestic network & through the parent Transworld Group’s global network spread over Europe, USA, Middle East, Far East and Indian sub-continent offers the customers with complete Freight Forwarding and Supply Chain Management Services (SCM) around the globe.
Fleet Size: Company has 6 vessels in its fleet. Company may further expand its fleet size in near future.
- OEL Kochi
- OEL Kutch
- OEL Trust
- SSL Sagarmala
- SSL Mumbai
- SSL Gujarat
In the recent result press release for Dec quarter company has announced plans to foray into E-Commerce sector. If it do that then it will be only one of the few listed e-commerce companies.
When all other e-commerce & logistics companies are trading at astronomical valuation of 50-60 times PE ratio. This stock is trading at just at 10 time PE based on its FY16 estimated EPS of Rs.40/- which is a dirt cheap valuation.
http://www.transworld.com/shreyas/
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