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Waterways Leisure Tourism (CORDELIA) had a P/E of 56.6× on 6 Nov 2026, above the industry P/E of 23.5×, and the shares are 26% below their 52-week high. Sales grew 6.3% a year over 3 years while net profit fell 1.9%, with ROCE of 60% and ROE of 92%. Debt is 0.61× equity. It is a small-cap company with a market cap of ₹6,392 Cr, ranked 8th of 15 Marine Shipping companies by market cap; the shares rose 32% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year
Open
₹90.12
Day high
₹90.12
Day low
₹87.07
Prev. close
₹90.12
Volume
4 L

Health check

1 good · 1 fair · 4 to check
  • ReturnsIn line

    +32.2% over a year, better than 4 of 7 peers.

  • Price tagPricier

    P/E 56.6 vs industry 23.5.

  • GrowthSlow

    Sales +6.3%, profit −1.9% a year over 3 years.

  • ProfitabilityStrong

    ROCE 59.8% vs peer median 13.8%.

  • Balance sheetStretched

    Debt 0.61× equity, interest covered 10.7×, Piotroski 3 of 9.

  • Red flags1 to check

    P/E of 56.6 against an industry P/E of 23.5.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Marine Shipping

14 listed peers. Screen the industry

Small cap

₹6,392 Cr, #8 of 15 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Sep 2026: sales ₹625 Cr · profit ₹108 Cr
Market cap
₹6,392 Cr
Small cap
P/E
56.6
Industry 23.5
Price to book
8.35
Peers 4.36
Dividend yield
0.00%
ROE
92.1%
Peers 18.8%
ROCE
59.8%
Peers 13.8%
Debt to equity
0.61
Debt ₹443 Cr
EPS (TTM)
₹1.56
Face value ₹1
OPM (TTM)
21.1%
Net margin 17.2%
Sales growth
+30.9%
Latest quarter vs a year ago
Profit growth
n/a
Year-ago quarter not reported
Price to sales
10.23
EV/EBITDA 53.4

Strengths and risks

Strengths

  • Return on equity of 92.1%.
  • Return on capital employed of 59.8%.
  • Quarterly sales up 30.9% on a year ago.

Risks to check

  • P/E of 56.6 against an industry P/E of 23.5.

Derived automatically from reported figures. Not a recommendation.

About Waterways Leisure Tourism

Waterways Leisure Tourism Limited operates a domestic ocean cruise vessel in India and internationally. The company also engages in the cruise lines, shipping, organizing, and conducting cruises, tours, holidays, and related services. In addition, it provides entertainment, accommodation, dining, bars and lounges, restaurants, and other activities. Waterways Leisure Tourism Limited was incorporated in 2020 and is based in Mumbai, India. Waterways Leisure…

Headquarters
Mumbai
Employees
245
Sector
Industrials
ISIN
INE0LZF01039

Price range

52 weeks

₹62.31₹118.53

Today

₹87.07₹90.12
Avg volume (3M)
29.3 L
1-year return
plus 32.2%
From 52-week high
minus 25.5%

Peers · Marine Shipping

Company
ADANIPORTSAdani Ports and Special Economic Zone1,936.60plus 2.76%4,46,18532.34.3611.0%15.6%44.0%22.9%34.1%0.39%plus 30.5%
JSWINFRAJSW Infrastructure338.30minus 2.31%78,69250.34.4212.0%9.9%36.2%19.0%27.2%0.27%plus 19.5%
GESHIPGreat Eastern Shipping Co.1,428.70minus 2.14%19,2364.61.2017.4%18.8%42.5%−1.6%4.5%4.03%plus 38.6%
SHREEJISPGShreeji Shipping Global884.55plus 2.40%14,41188.718.71–21.1%24.4%−5.4%8.7%0.23%plus 219.9%
SCIShipping Corporation of India261.07minus 0.90%12,1616.11.3414.1%15.5%23.5%−0.1%15.8%2.80%plus 5.3%
KMEWKnowledge Marine & Engineering Works652.80minus 79.23%8,27960.714.0013.4%20.0%39.9%7.6%18.8%0.00%plus 125.5%
GPPLGujarat Pipavav Port166.49plus 3.23%8,05214.63.3726.7%21.8%52.0%6.6%18.0%6.06%minus 0.9%
CORDELIAWaterways Leisure Tourism88.29minus 2.03%6,39256.68.3559.8%92.1%21.1%6.3%−1.9%0.00%plus 32.2%
Median of 7 peers–−0.90%14,41132.34.3613.8%18.8%39.9%6.6%18.0%0.39%30.5%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrMar 25Jun 25Sep 25Jun 26Sep 26
1811,7631021,901133
–––+7.8%+30.9%
1061,2861161,541133
74.5477−143600.1
41.3%27.1%−13.8%18.9%0.0%
0.310.341518.3
3.213.31.544.58.7
19.9––––
−0.1–––49.5
51.7474−11.533159.1
44.0%26.5%22.2%31.1%1.0%
28.9348−8.922858.5
–4.80-0.123.150.85

Dec 25, Mar 26 not reported by the data source.

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+6.3%
Profit CAGR 3Y
−1.9%
EPS CAGR 3Y
−1.9%
ROE
92.1%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
482441590579
–minus 8.4%+33.6%minus 1.7%
329332370464
153109220116
31.7%24.7%37.2%19.9%
−8.32−3.91.3
13.835.138.58.1
74.81846330.5
−0.8−14.475.5−0
55.3−12319078.2
–0.0%11.3%33.4%
55.3−12316852.1
–minus 321.9%–minus 69.0%
0.76-1.702.320.72

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
64.764.764.965.2
−59.5−183−31.915.1
15029355.9118
152224158144
307399247342
21931890.871.5
–6.84.62.9
18.317.283.113.9
69.957.669253
307399247342

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
183230130−96.4
−18.4−74.5−6610.5
−161−146−4858.6
3.89.215.7−27.3
−1.6−73.5−15.2−14.5
181157114−111

Shareholding pattern

Source: NSE filings
89.3%
promoters
  • Promoters89.35%
  • Public10.65%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202689.35%10.65%0.00
30 Jun 202689.35%10.65%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you