Shipping Corporation of India Ltd
Shipping Corporation of India is engaged involved in business of transporting goods and passengers.
- Market Cap ₹ 5,843 Cr.
- Current Price ₹ 125
- High / Low ₹ 151 / 85.6
- Stock P/E 9.31
- Book Value ₹ 191
- Dividend Yield 0.26 %
- ROCE 8.47 %
- ROE 9.53 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.70 times its book value
- Company is expected to give good quarter
- Company has delivered good profit growth of 42.0% CAGR over last 5 years
Cons
- The company has delivered a poor sales growth of 7.70% over past five years.
- Tax rate seems low
- Company has a low return on equity of 7.07% over last 3 years.
- Contingent liabilities of Rs.3,137 Cr.
- Company might be capitalizing the interest cost
- Working capital days have increased from 14.1 days to 150 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
3,595 | 3,868 | 4,196 | 4,232 | 4,186 | 4,050 | 3,447 | 3,469 | 3,873 | 4,425 | 3,703 | 4,995 | 5,631 | |
2,831 | 3,860 | 3,942 | 3,643 | 3,361 | 2,688 | 2,667 | 2,793 | 3,160 | 3,283 | 2,539 | 3,463 | 4,219 | |
Operating Profit | 764 | 8 | 253 | 589 | 826 | 1,362 | 780 | 677 | 713 | 1,143 | 1,164 | 1,532 | 1,412 |
OPM % | 21% | 0% | 6% | 14% | 20% | 34% | 23% | 20% | 18% | 26% | 31% | 31% | 25% |
425 | 648 | 601 | 254 | 401 | 165 | 145 | 143 | 232 | 243 | 121 | 103 | 148 | |
Interest | 67 | 387 | 162 | 208 | 180 | 195 | 174 | 180 | 362 | 367 | 22 | 161 | 190 |
Depreciation | 465 | 609 | 761 | 856 | 770 | 542 | 566 | 610 | 658 | 671 | 628 | 635 | 682 |
Profit before tax | 657 | -340 | -68 | -221 | 276 | 789 | 186 | 29 | -75 | 348 | 635 | 838 | 689 |
Tax % | 14% | -26% | -67% | -24% | 27% | 5% | 23% | -761% | -63% | 13% | 3% | 5% | |
Net Profit | 567 | -428 | -114 | -275 | 201 | 753 | 142 | 254 | -122 | 302 | 618 | 795 | 630 |
EPS in Rs | 12.18 | -9.19 | -2.45 | -5.90 | 4.31 | 16.17 | 3.05 | 5.45 | -2.62 | 6.49 | 13.27 | 17.06 | 13.54 |
Dividend Payout % | 45% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 12% | 2% | 2% |
Compounded Sales Growth | |
---|---|
10 Years: | 3% |
5 Years: | 8% |
3 Years: | 9% |
TTM: | 42% |
Compounded Profit Growth | |
---|---|
10 Years: | 12% |
5 Years: | 42% |
3 Years: | 89% |
TTM: | 16% |
Stock Price CAGR | |
---|---|
10 Years: | 9% |
5 Years: | 11% |
3 Years: | 31% |
1 Year: | -4% |
Return on Equity | |
---|---|
10 Years: | 3% |
5 Years: | 5% |
3 Years: | 7% |
Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 | |
Reserves | 6,702 | 6,269 | 6,150 | 5,874 | 6,068 | 6,258 | 6,367 | 6,632 | 6,515 | 6,832 | 7,436 | 8,234 | 8,439 |
4,715 | 6,323 | 8,164 | 8,257 | 6,833 | 5,845 | 5,492 | 5,585 | 5,277 | 4,767 | 3,679 | 3,200 | 2,912 | |
1,137 | 981 | 1,309 | 1,935 | 1,562 | 2,148 | 2,162 | 1,686 | 1,896 | 1,668 | 1,556 | 1,955 | 2,109 | |
Total Liabilities | 13,020 | 14,038 | 16,089 | 16,532 | 14,929 | 14,717 | 14,487 | 14,369 | 14,155 | 13,733 | 13,137 | 13,855 | 13,926 |
7,369 | 8,913 | 11,540 | 11,935 | 11,444 | 11,827 | 11,411 | 11,348 | 11,119 | 10,653 | 10,174 | 7,625 | 7,532 | |
CWIP | 329 | 362 | 189 | 63 | 491 | 0 | 27 | 8 | 8 | 3 | 33 | 58 | 53 |
Investments | 293 | 275 | 118 | 113 | 90 | 66 | 75 | 131 | 77 | 77 | 77 | 78 | 78 |
5,029 | 4,489 | 4,242 | 4,420 | 2,903 | 2,824 | 2,975 | 2,882 | 2,951 | 3,000 | 2,853 | 6,094 | 6,262 | |
Total Assets | 13,020 | 14,038 | 16,089 | 16,532 | 14,929 | 14,717 | 14,487 | 14,369 | 14,155 | 13,733 | 13,137 | 13,855 | 13,926 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
684 | -449 | 809 | 838 | 2,100 | 1,490 | 683 | 228 | 668 | 945 | 1,341 | 1,645 | |
-3,012 | -1,664 | -2,669 | -966 | -253 | -11 | -86 | -471 | -72 | 324 | -207 | -1,079 | |
2,118 | 1,089 | 1,683 | -118 | -1,609 | -1,095 | -522 | -87 | -743 | -1,120 | -1,154 | -653 | |
Net Cash Flow | -210 | -1,024 | -178 | -246 | 237 | 384 | 74 | -329 | -146 | 149 | -21 | -87 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 39 | 74 | 77 | 91 | 69 | 61 | 70 | 70 | 56 | 50 | 62 | 47 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 39 | 74 | 77 | 91 | 69 | 61 | 70 | 70 | 56 | 50 | 62 | 47 |
Working Capital Days | -84 | -33 | -68 | -95 | -133 | -143 | -187 | -102 | -114 | -91 | -17 | 150 |
ROCE % | 5% | -2% | -3% | -0% | 2% | 7% | 3% | 1% | 1% | 5% | 6% | 8% |
Documents
Announcements
- Shareholder Meeting/Postal Ballot - Scrutinizer''s Report And Voting Results 24 Jan
- Board Meeting Intimation for Considering And Approving The Unaudited Financial Results For The Period Ended December 31, 2022 20 Jan
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Announcement under Regulation 30 (LODR)-Scheme of Arrangement
12 Jan - Shipping Corporation Of India Limited has informed the Exchange about Update on Scheme of Arrangement
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Jan - In compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, we submit herewith the confirmation certificate received from M/s. Bigshare Services Private …
- Closure of Trading Window 28 Dec 2022
Annual reports
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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
from nse
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
from nse
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Financial Year 2010
from nse
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Financial Year 2010
from bse
India’s largest shipping company[1] The Shipping Corporation of India was established on October 2nd, 1961, by amalgamation of Eastern Shipping Corporation and Western Shipping Corporation. Starting out as a marginal Liner shipping Company with just 19 vessels, the SCI has today evolved into the largest Indian shipping