Shipping Corporation of India Ltd

S C I Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Shipping Corporation of India Ltd

₹ 232 -0.26%
26 Apr 4:02 p.m.
shipindia.com BSE: 523598 NSE : SCI
About

Shipping Corporation of India is engaged involved in business of transporting goods and passengers.

Key Points

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]

Website BSE NSE
  • Market Cap ₹ 10,823 Cr.
  • Current Price ₹ 232
  • High / Low ₹ 291 / 90.5
  • Stock P/E 15.9
  • Book Value ₹ 140
  • Dividend Yield 0.19 %
  • ROCE 10.3 %
  • ROE 13.3 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has reduced debt.
  • Company has delivered good profit growth of 24.4% CAGR over last 5 years

Cons

  • The company has delivered a poor sales growth of 10.8% over past five years.
  • Tax rate seems low
  • Company has a low return on equity of 10.8% over last 3 years.
  • Contingent liabilities of Rs.3,495 Cr.
  • Company might be capitalizing the interest cost

* 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

Sector: Shipping Industry: Shipping

Edit Columns
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
841 875 1,028 1,221 1,431 1,309 1,462 1,420 1,496 1,418 1,200 1,093 1,341
616 652 692 822 966 982 1,163 1,098 1,027 953 837 857 923
Operating Profit 226 223 336 399 465 327 299 322 469 465 363 236 417
OPM % 27% 26% 33% 33% 33% 25% 20% 23% 31% 33% 30% 22% 31%
32 25 21 8 25 46 28 38 25 34 27 69 22
Interest -7 33 52 13 17 76 50 47 38 50 35 56 40
Depreciation 156 154 155 161 159 160 172 190 195 196 197 200 251
Profit before tax 107 62 150 233 315 137 105 123 262 254 157 49 149
Tax % 4% -6% 3% 2% 8% 8% 11% 10% 6% -42% 6% 16% 11%
103 66 146 228 290 127 94 111 246 360 147 41 132
EPS in Rs 2.22 1.42 3.13 4.90 6.23 2.72 2.01 2.38 5.28 7.72 3.16 0.87 2.83
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
3,868 4,196 4,232 4,186 4,050 3,447 3,469 3,873 4,425 3,703 4,988 5,794 5,052
3,860 3,942 3,643 3,361 2,688 2,667 2,793 3,160 3,283 2,539 3,455 4,234 3,571
Operating Profit 8 253 589 826 1,362 780 677 713 1,143 1,164 1,533 1,560 1,481
OPM % 0% 6% 14% 20% 34% 23% 20% 18% 26% 31% 31% 27% 29%
648 601 254 401 165 145 143 232 243 121 97 111 152
Interest 387 162 208 180 195 174 180 362 367 22 161 185 180
Depreciation 609 761 856 770 542 566 610 658 671 628 635 753 845
Profit before tax -340 -68 -221 276 789 186 29 -75 348 635 834 733 608
Tax % -26% -67% -24% 27% 5% 23% -761% -63% 13% 3% 5% -9%
-428 -114 -275 201 753 142 254 -122 302 618 790 800 680
EPS in Rs -9.19 -2.45 -5.90 4.31 16.17 3.05 5.45 -2.62 6.49 13.27 16.96 17.18 14.58
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 12% 2% 2% 3%
Compounded Sales Growth
10 Years: 3%
5 Years: 11%
3 Years: 9%
TTM: -11%
Compounded Profit Growth
10 Years: 13%
5 Years: 24%
3 Years: 53%
TTM: 18%
Stock Price CAGR
10 Years: 22%
5 Years: 54%
3 Years: 41%
1 Year: 156%
Return on Equity
10 Years: 5%
5 Years: 7%
3 Years: 11%
Last Year: 13%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 466 466 466 466 466 466 466 466 466 466 466 466 466
Reserves 6,269 6,150 5,874 6,068 6,258 6,367 6,632 6,515 6,832 7,436 5,111 5,906 6,070
6,323 8,164 8,257 6,833 5,845 5,492 5,585 5,277 4,767 3,679 3,200 2,605 2,292
981 1,309 1,935 1,562 2,148 2,162 1,686 1,896 1,668 1,556 1,684 1,936 1,642
Total Liabilities 14,038 16,089 16,532 14,929 14,717 14,487 14,369 14,155 13,733 13,137 10,461 10,912 10,469
8,913 11,540 11,935 11,444 11,827 11,411 11,348 11,119 10,653 10,174 7,624 7,403 7,170
CWIP 362 189 63 491 0 27 8 8 3 33 58 34 101
Investments 275 118 113 90 66 75 131 77 77 77 78 79 79
4,489 4,242 4,420 2,903 2,824 2,975 2,882 2,951 3,000 2,853 2,700 3,396 3,119
Total Assets 14,038 16,089 16,532 14,929 14,717 14,487 14,369 14,155 13,733 13,137 10,461 10,912 10,469

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-449 809 838 2,100 1,490 683 228 668 945 1,341 1,441 1,466
-1,664 -2,669 -966 -253 -11 -86 -471 -72 324 -207 -730 -502
1,089 1,683 -118 -1,609 -1,095 -522 -87 -743 -1,120 -1,154 -653 -930
Net Cash Flow -1,024 -178 -246 237 384 74 -329 -146 149 -21 59 34

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 74 77 91 69 61 70 70 56 50 62 47 64
Inventory Days
Days Payable
Cash Conversion Cycle 74 77 91 69 61 70 70 56 50 62 47 64
Working Capital Days -33 -68 -95 -133 -143 -187 -102 -114 -91 -17 10 17
ROCE % -2% -3% -0% 2% 7% 3% 1% 1% 5% 6% 10% 10%

Shareholding Pattern

Numbers in percentages

6 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
63.75% 63.75% 63.75% 63.75% 63.75% 63.75% 63.75% 63.75% 63.75% 63.75% 63.75% 63.75%
0.89% 0.96% 2.21% 2.35% 3.13% 3.28% 3.30% 3.23% 2.89% 3.23% 3.27% 4.66%
10.57% 10.37% 9.50% 8.35% 7.87% 7.81% 7.47% 7.01% 7.01% 6.97% 7.99% 7.87%
24.79% 24.92% 24.54% 25.55% 25.25% 25.17% 25.50% 26.01% 26.36% 26.05% 24.98% 23.74%
No. of Shareholders 2,10,6971,96,0751,81,9101,90,4401,86,2121,80,9931,76,2491,75,1431,83,3392,09,1992,19,4633,04,527

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

DRHP

Credit ratings