Shipping Corporation of India Ltd
Shipping Corporation of India is engaged involved in business of transporting goods and passengers.
- Market Cap ₹ 9,968 Cr.
- Current Price ₹ 214
- High / Low ₹ 385 / 138
- Stock P/E 12.3
- Book Value ₹ 166
- Dividend Yield 0.23 %
- ROCE 10.2 %
- ROE 11.1 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- The company has delivered a poor sales growth of 4.79% over past five years.
- Tax rate seems low
- Company has a low return on equity of 10.9% over last 3 years.
- Contingent liabilities of Rs.3,997 Cr.
- Dividend payout has been low at 14.7% of profits over last 3 years
- Working capital days have increased from 65.1 days to 124 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Services Services Transport Services Shipping
Part of Nifty 500 BSE SmallCap BSE CPSE BSE Allcap Nifty MidSmallcap 400
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
4,232 | 4,186 | 4,050 | 3,447 | 3,469 | 3,873 | 4,425 | 3,703 | 4,988 | 5,794 | 5,046 | 5,592 | |
3,643 | 3,361 | 2,688 | 2,667 | 2,793 | 3,160 | 3,283 | 2,539 | 3,455 | 4,234 | 3,622 | 3,825 | |
Operating Profit | 589 | 826 | 1,362 | 780 | 677 | 713 | 1,143 | 1,164 | 1,533 | 1,560 | 1,424 | 1,767 |
OPM % | 14% | 20% | 34% | 23% | 20% | 18% | 26% | 31% | 31% | 27% | 28% | 32% |
254 | 401 | 165 | 145 | 143 | 232 | 243 | 121 | 97 | 111 | 215 | 193 | |
Interest | 208 | 180 | 195 | 174 | 180 | 362 | 367 | 22 | 161 | 185 | 171 | 186 |
Depreciation | 856 | 770 | 542 | 566 | 610 | 658 | 671 | 628 | 635 | 753 | 889 | 951 |
Profit before tax | -221 | 276 | 789 | 186 | 29 | -75 | 348 | 635 | 834 | 733 | 578 | 822 |
Tax % | 24% | 27% | 5% | 23% | -761% | 63% | 13% | 3% | 5% | -9% | -6% | 1% |
-275 | 201 | 753 | 142 | 254 | -122 | 302 | 618 | 790 | 800 | 612 | 814 | |
EPS in Rs | -5.90 | 4.31 | 16.17 | 3.05 | 5.45 | -2.62 | 6.49 | 13.27 | 16.96 | 17.18 | 13.14 | 17.48 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 12% | 2% | 2% | 3% | 4% | 38% |
Compounded Sales Growth | |
---|---|
10 Years: | 3% |
5 Years: | 5% |
3 Years: | 4% |
TTM: | 11% |
Compounded Profit Growth | |
---|---|
10 Years: | 22% |
5 Years: | 30% |
3 Years: | 1% |
TTM: | 44% |
Stock Price CAGR | |
---|---|
10 Years: | 19% |
5 Years: | 42% |
3 Years: | 47% |
1 Year: | -19% |
Return on Equity | |
---|---|
10 Years: | 7% |
5 Years: | 10% |
3 Years: | 11% |
Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 |
Reserves | 5,874 | 6,068 | 6,258 | 6,367 | 6,632 | 6,515 | 6,832 | 7,436 | 5,111 | 5,906 | 6,498 | 7,278 |
8,257 | 6,833 | 5,845 | 5,492 | 5,585 | 5,277 | 4,767 | 3,679 | 3,200 | 2,605 | 2,914 | 2,228 | |
1,935 | 1,562 | 2,148 | 2,162 | 1,686 | 1,896 | 1,668 | 1,556 | 1,684 | 1,936 | 1,646 | 1,160 | |
Total Liabilities | 16,532 | 14,929 | 14,717 | 14,487 | 14,369 | 14,155 | 13,733 | 13,137 | 10,461 | 10,912 | 11,523 | 11,132 |
11,935 | 11,444 | 11,827 | 11,411 | 11,348 | 11,119 | 10,653 | 10,174 | 7,624 | 7,403 | 7,004 | 6,711 | |
CWIP | 63 | 491 | 0 | 27 | 8 | 8 | 3 | 33 | 58 | 34 | 42 | 4 |
Investments | 113 | 90 | 66 | 75 | 131 | 77 | 77 | 77 | 78 | 79 | 79 | 286 |
4,420 | 2,903 | 2,824 | 2,975 | 2,882 | 2,951 | 3,000 | 2,853 | 2,700 | 3,396 | 4,398 | 4,131 | |
Total Assets | 16,532 | 14,929 | 14,717 | 14,487 | 14,369 | 14,155 | 13,733 | 13,137 | 10,461 | 10,912 | 11,523 | 11,132 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
838 | 2,100 | 1,490 | 683 | 228 | 668 | 945 | 1,341 | 1,441 | 1,466 | 995 | 850 | |
-966 | -253 | -11 | -86 | -471 | -72 | 324 | -207 | -730 | -502 | -574 | -318 | |
-118 | -1,609 | -1,095 | -522 | -87 | -743 | -1,120 | -1,154 | -653 | -930 | 103 | -1,235 | |
Net Cash Flow | -246 | 237 | 384 | 74 | -329 | -146 | 149 | -21 | 59 | 34 | 524 | -703 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 91 | 69 | 61 | 70 | 70 | 56 | 50 | 62 | 47 | 64 | 102 | 78 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 91 | 69 | 61 | 70 | 70 | 56 | 50 | 62 | 47 | 64 | 102 | 78 |
Working Capital Days | -95 | -133 | -143 | -187 | -102 | -114 | -91 | -17 | 10 | 17 | 54 | 124 |
ROCE % | -0% | 2% | 7% | 3% | 1% | 1% | 5% | 6% | 10% | 10% | 7% | 10% |
Documents
Announcements
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Volume Movement Letter - Clarification Reg.
2d - Clarification on volume movement; no undisclosed price-sensitive information per SEBI norms.
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Clarification sought from Shipping Corporation of India Ltd
2d - Exchange has sought clarification from Shipping Corporation of India Ltd on June 16, 2025, with reference to Movement in Volume.
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Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015.
13 Jun - Revised tax demand of ₹10.55 Cr received; company reviewing and may appeal further.
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Announcement under Regulation 30 (LODR)-Code of Conduct under SEBI (PIT) Regulations, 2015
11 Jun - Amended Insider Trading Code approved, effective 10.06.2025, detailing updated compliance and disclosure norms.
-
Announcement under Regulation 30 (LODR)-Change in Management
1 Jun - GM M.T. Dattashankar retired on 31.05.2025, ceasing senior management role.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
from bse
Largest Shipping Company
Company is the largest Indian shipping company in terms of capacity with a diversified fleet profile. It is involved in the business of transporting goods and passengers. Its owned fleet includes Bulk carriers, Crude oil tankers, Product tankers, Container vessels, Passenger-cum-Cargo vessels, LPG carriers and Offshore Supply Vessels. It also manages a large number of vessels on behalf of various government departments and organizations. The GoI has conferred “Navratna” status to SCIL in August 2008. [1]