Sadhav Shipping

Name

Sadhav Shipping

Legal name

Sadhav Shipping Limited

Website

https://sadhav.com

Company type

Public

Founded year

1992

Operating status

Operating

Headcount range

1,001–5,000 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Vessel Owning & Operating (Charter/Time Charter): Owns and operates 25+ vessels (AHTS, OSVs, barges, tugs, high-speed crafts, OSRVs) deployed across offshore logistics, coastal & inland logistics, port services and oil spill response across 7 Indian ports (Kandla to Pandu). Recurring charter/hire revenue from clients such as ONGC.
2. Dry Dock & Ship Repair Services: Project-based ship repair and dry-docking services at Paradip and Visakhapatnam (East coast) and Mumbai (West coast); 170+ dockings completed, 45+ Coast Guard refits. Contract-based revenue from Indian Coast Guard, Naval Dockyard, SCI, Adani Ports, Ocean Sparkle etc.
3. Offshore Oil & Gas Engineering Services: Maintenance, Repairs & Overhaul (MRO) services to ONGC since 1992; 60+ offshore cranes O&M contracts; telemetry & ESD systems installations for L&T/ONGC. Long-duration, project-based contracts.
4. Defence Shipyard Subcontracting (Vessel Construction): Subcontract work for defence shipyards — fabrication, assembly, outfitting and equipment installation on P15B Destroyers, P17A Frigates, Scorpene Submarines (MDL), OPVs (GSL), 47 Interceptor Boats (L&T), and SBTF (Indian Navy). Per-project revenue.
5. Oil Spill Response Managed Services: Operates India's 1st Tier-1 Port-Based Oil Spill Response Facility with 8,100+ meters of booms across 5 major Indian ports; recurring service contracts with port trusts and IMO-trained personnel.
6. OEM Service Partnership & Representation: Authorized Service Partner / PAC Representative fees and service revenue from Kongsberg Maritime, OES Group, DURASTIC, DECK-RITE, BELL Immersive Technologies and AMCO representation in India.
7. Reported FY26 Revenue from Operations: For FY ended 31 March 2026, Sadhav Shipping Limited reported revenue from operations of ₹9,755.38 lakh and net profit of ₹1,055.24 lakh; preferential issue proceeds applied to loan repayment and capital investment.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Sadhav Shipping Limited owns and operates a fleet of more than 25 vessels (AHTSVs, OSVs, barges, tugs, high-speed crafts) and provides ship repair, dry-docking, slipway, vessel construction, offshore engineering, and oil spill response services. It operates captive Dry Dock and Slipway infrastructure at Paradip Port on India's Eastern Seaboard and acts as an authorized service partner for global maritime OEMs such as Kongsberg Maritime and OES Group. Its primary customers are Indian Defence shipyards (MDL, GSL, L&T), the Indian Coast Guard, Indian Navy, ONGC, and major port trusts.

Differentiator

Problem solved

Functional benefit

Products and services

• Offshore Logistics (DP Offshore Support Vessel Chartering) Owning and operating high-end Dynamic Positioning Offshore Support Vessels (AHTSVs) for offshore logistics with a focus on ONGC and Indian offshore clients; preferred ONGC vendor with operational uptime exceeding 93%.
• Coastal Logistics

Named customers28 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators16 records

Recent moves11 records

Expansion highlights5 records

Direct peers

• Cochin Shipyard Limited: India's largest public-sector shipyard, building and repairing commercial and defence vessels. Comparable to Sadhav as a multi-vertical Indian shipbuilding and ship-repair platform, though at materially larger scale and with broader vessel-size capability.
• Mazagon Dock Shipbuilders Limited (MDL): Premier Indian defence shipyard building Destroyers, Frigates and Scorpene Submarines for the Indian Navy. Comparable to Sadhav's defence shipbuilding vertical — Sadhav operates as a subcontractor to MDL on P15B Destroyers, P17A Frigates and Scorpene Submarines.
• Garden Reach Shipbuilders & Engineers (GRSE): Indian PSU shipyard building warships, fast patrol vessels and commercial vessels. Comparable to Sadhav as a domestic defence shipbuilder and ship-repair service provider; competes for similar Indian Navy and Coast Guard contracts.
• Goa Shipyard Limited (GSL): Indian PSU shipyard focused on offshore patrol vessels and fast attack craft. Sadhav operates as a subcontractor to GSL on OPV electrical/electronic installations (Yards 1204, 1205, 1195, 1210, 1218, 1219, 1222) — making GSL both a customer and the closest shipbuilding-comparable peer.
• Hindustan Shipyard Limited (HSL): Indian PSU shipyard in Visakhapatnam offering shipbuilding, ship repair and refit services on the Eastern Seaboard — directly comparable geography to Sadhav's Paradip dry dock. Competes for the same Eastern Seaboard mid-sized vessel repair and defence refit workloads.
• L&T Shipbuilding: L&T's defence shipyard at Hazira building interceptor boats and warships; Sadhav is a Grade 'A' subcontractor for installations/commissioning on 47 of 53 Interceptor Boats. Closest direct peer in commercial-defence shipbuilding subcontracting.
• Great Offshore Limited: Indian-listed offshore support vessel (OSV) owner and operator serving ONGC and Indian offshore E&P. Directly comparable to Sadhav's 25+ vessel fleet and offshore logistics business serving the same ONGC anchor client.
• Dolphin Offshore Enterprises (India) Ltd. Indian OSV operator providing offshore logistics to ONGC and other upstream clients. Closely comparable to Sadhav's offshore logistics and OSV chartering operations in the Indian offshore market.
• SEAMEC Limited: Indian-listed company providing diving, offshore construction and OSV services to ONGC. Comparable to Sadhav's offshore engineering and OSV operations; competes for similar offshore E&P contracts.
• Varun Shipping Company Ltd. Indian shipping and offshore logistics company with a fleet serving domestic and regional routes. Comparable to Sadhav's coastal logistics, OSV operations and offshore support services to Indian and ONGC clients.

Market position

Strengths5 records

Weaknesses1 record

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/groupsadhav

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sadhav Shipping