Shipping Corporation of India Ltd
Shipping Corporation of India is engaged involved in business of transporting goods and passengers.
- Market Cap ₹ 10,096 Cr.
- Current Price ₹ 217
- High / Low ₹ 306 / 138
- Stock P/E 12.0
- Book Value ₹ 178
- Dividend Yield 0.23 %
- ROCE 9.89 %
- ROE 10.6 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- The company has delivered a poor sales growth of 4.84% 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.5,241 Cr.
- Dividend payout has been low at 14.1% of profits over last 3 years
- Working capital days have increased from 65.0 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|
4,311 | 4,050 | 3,447 | 3,469 | 3,873 | 4,425 | 3,703 | 4,988 | 5,794 | 5,047 | 5,606 | |
3,396 | 2,688 | 2,667 | 2,793 | 3,160 | 3,283 | 2,544 | 3,457 | 4,237 | 3,624 | 3,842 | |
Operating Profit | 916 | 1,362 | 780 | 677 | 713 | 1,143 | 1,159 | 1,531 | 1,557 | 1,423 | 1,764 |
OPM % | 21% | 34% | 23% | 20% | 18% | 26% | 31% | 31% | 27% | 28% | 31% |
395 | 193 | 185 | 196 | 292 | 277 | 204 | 170 | 184 | 283 | 225 | |
Interest | 239 | 195 | 174 | 180 | 362 | 367 | 22 | 161 | 185 | 171 | 186 |
Depreciation | 801 | 542 | 566 | 610 | 658 | 671 | 628 | 635 | 753 | 889 | 951 |
Profit before tax | 270 | 818 | 226 | 82 | -16 | 382 | 713 | 904 | 803 | 645 | 852 |
Tax % | 28% | 4% | 19% | -273% | 304% | 12% | 2% | 5% | -8% | -5% | 1% |
195 | 782 | 182 | 306 | -63 | 336 | 696 | 861 | 870 | 679 | 844 | |
EPS in Rs | 4.19 | 16.78 | 3.92 | 6.58 | -1.35 | 7.22 | 14.94 | 18.47 | 18.68 | 14.58 | 18.11 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 10% | 2% | 2% | 2% | 3% | 36% |
Compounded Sales Growth | |
---|---|
10 Years: | 3% |
5 Years: | 5% |
3 Years: | 4% |
TTM: | 11% |
Compounded Profit Growth | |
---|---|
10 Years: | 23% |
5 Years: | 27% |
3 Years: | 0% |
TTM: | 33% |
Stock Price CAGR | |
---|---|
10 Years: | 17% |
5 Years: | 36% |
3 Years: | 40% |
1 Year: | -26% |
Return on Equity | |
---|---|
10 Years: | 7% |
5 Years: | 11% |
3 Years: | 11% |
Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 |
Reserves | 6,053 | 6,272 | 6,428 | 6,769 | 6,717 | 7,018 | 7,702 | 5,508 | 6,437 | 7,074 | 7,846 |
7,739 | 5,845 | 5,492 | 5,585 | 5,277 | 4,767 | 3,679 | 3,200 | 2,605 | 2,914 | 2,228 | |
1,580 | 2,148 | 2,162 | 1,686 | 1,896 | 1,668 | 1,556 | 1,684 | 1,936 | 1,646 | 1,161 | |
Total Liabilities | 15,839 | 14,731 | 14,549 | 14,506 | 14,357 | 13,919 | 13,403 | 10,859 | 11,443 | 12,100 | 11,701 |
12,280 | 11,827 | 11,411 | 11,348 | 11,119 | 10,653 | 10,174 | 7,624 | 7,403 | 7,004 | 6,711 | |
CWIP | 567 | 0 | 27 | 8 | 8 | 3 | 33 | 58 | 34 | 42 | 4 |
Investments | 77 | 80 | 136 | 269 | 279 | 298 | 354 | 476 | 611 | 657 | 826 |
2,915 | 2,824 | 2,975 | 2,882 | 2,951 | 2,964 | 2,841 | 2,701 | 3,395 | 4,397 | 4,159 | |
Total Assets | 15,839 | 14,731 | 14,549 | 14,506 | 14,357 | 13,919 | 13,403 | 10,859 | 11,443 | 12,100 | 11,701 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|
2,197 | 1,490 | 683 | 228 | 712 | 945 | 1,340 | 1,440 | 1,465 | 994 | 850 | |
-308 | -11 | -86 | -471 | 7 | 324 | -206 | -729 | -501 | -573 | -316 | |
-1,675 | -1,095 | -522 | -87 | -866 | -1,120 | -1,154 | -653 | -930 | 103 | -1,236 | |
Net Cash Flow | 214 | 384 | 74 | -329 | -146 | 149 | -20 | 58 | 34 | 524 | -702 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 68 | 61 | 70 | 70 | 56 | 50 | 62 | 47 | 64 | 102 | 78 |
Inventory Days | |||||||||||
Days Payable | |||||||||||
Cash Conversion Cycle | 68 | 61 | 70 | 70 | 56 | 50 | 62 | 47 | 64 | 102 | 78 |
Working Capital Days | -157 | -143 | -187 | -102 | -114 | -91 | -17 | 10 | 17 | 54 | 124 |
ROCE % | 7% | 3% | 2% | 2% | 5% | 6% | 10% | 11% | 8% | 10% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Directorate
11h - ACC approves premature termination of Director (Finance) Shri C.I. Acharya effective 05.05.2025.
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Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015
1d - ACC approves premature termination of Director (Finance) Shri C.I. Acharya effective 05.05.2025.
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Announcement under Regulation 30 (LODR)-Scheme of Arrangement
16 Jul - Received stamp duty exemption certificate for demerger scheme under Maharashtra Stamp Act.
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Announcement under Regulation 30 (LODR)-Change in Directorate
15 Jul - Shri Som Raj appointed Director (Personnel & Administration) of Shipping Corporation of India from 15.07.2025.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Jul - Compliance certificate confirming no securities dematerialized in Q2 2025.
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]