Shipping Corporation of India Ltd
Shipping Corporation of India is engaged involved in business of transporting goods and passengers.
- Market Cap ₹ 9,752 Cr.
- Current Price ₹ 209
- High / Low ₹ 291 / 89.1
- Stock P/E 13.0
- Book Value ₹ 153
- Dividend Yield 0.21 %
- ROCE 10.5 %
- ROE 13.4 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 24.1% 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 11.3% over last 3 years.
- Contingent liabilities of Rs.3,495 Cr.
* 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
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 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|
4,311 | 4,050 | 3,447 | 3,469 | 3,873 | 4,425 | 3,703 | 4,988 | 5,794 | 5,052 | |
3,396 | 2,688 | 2,667 | 2,793 | 3,160 | 3,283 | 2,544 | 3,457 | 4,237 | 3,572 | |
Operating Profit | 916 | 1,362 | 780 | 677 | 713 | 1,143 | 1,159 | 1,531 | 1,557 | 1,480 |
OPM % | 21% | 34% | 23% | 20% | 18% | 26% | 31% | 31% | 27% | 29% |
395 | 193 | 185 | 196 | 292 | 277 | 204 | 170 | 184 | 225 | |
Interest | 239 | 195 | 174 | 180 | 362 | 367 | 22 | 161 | 185 | 180 |
Depreciation | 801 | 542 | 566 | 610 | 658 | 671 | 628 | 635 | 753 | 845 |
Profit before tax | 270 | 818 | 226 | 82 | -16 | 382 | 713 | 904 | 803 | 680 |
Tax % | 28% | 4% | 19% | -273% | -304% | 12% | 2% | 5% | -8% | |
195 | 782 | 182 | 306 | -63 | 336 | 696 | 861 | 870 | 752 | |
EPS in Rs | 4.19 | 16.78 | 3.92 | 6.58 | -1.35 | 7.22 | 14.94 | 18.47 | 18.68 | 16.13 |
Dividend Payout % | -0% | -0% | -0% | -0% | -0% | 10% | 2% | 2% | 2% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 11% |
3 Years: | 9% |
TTM: | -11% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 24% |
3 Years: | 51% |
TTM: | 18% |
Stock Price CAGR | |
---|---|
10 Years: | 20% |
5 Years: | 51% |
3 Years: | 40% |
1 Year: | 128% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 7% |
3 Years: | 11% |
Last Year: | 13% |
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 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 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 | 6,650 |
7,739 | 5,845 | 5,492 | 5,585 | 5,277 | 4,767 | 3,679 | 3,200 | 2,605 | 2,292 | |
1,580 | 2,148 | 2,162 | 1,686 | 1,896 | 1,668 | 1,556 | 1,684 | 1,936 | 1,642 | |
Total Liabilities | 15,839 | 14,731 | 14,549 | 14,506 | 14,357 | 13,919 | 13,403 | 10,859 | 11,443 | 11,051 |
12,280 | 11,827 | 11,411 | 11,348 | 11,119 | 10,653 | 10,174 | 7,624 | 7,403 | 7,170 | |
CWIP | 567 | -0 | 27 | 8 | 8 | 3 | 33 | 58 | 34 | 101 |
Investments | 77 | 80 | 136 | 269 | 279 | 298 | 354 | 476 | 611 | 661 |
2,915 | 2,824 | 2,975 | 2,882 | 2,951 | 2,964 | 2,841 | 2,701 | 3,395 | 3,118 | |
Total Assets | 15,839 | 14,731 | 14,549 | 14,506 | 14,357 | 13,919 | 13,403 | 10,859 | 11,443 | 11,051 |
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 | |
---|---|---|---|---|---|---|---|---|---|
2,197 | 1,490 | 683 | 228 | 712 | 945 | 1,340 | 1,440 | 1,465 | |
-308 | -11 | -86 | -471 | 7 | 324 | -206 | -729 | -501 | |
-1,675 | -1,095 | -522 | -87 | -866 | -1,120 | -1,154 | -653 | -930 | |
Net Cash Flow | 214 | 384 | 74 | -329 | -146 | 149 | -20 | 58 | 34 |
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 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 68 | 61 | 70 | 70 | 56 | 50 | 62 | 47 | 64 |
Inventory Days | |||||||||
Days Payable | |||||||||
Cash Conversion Cycle | 68 | 61 | 70 | 70 | 56 | 50 | 62 | 47 | 64 |
Working Capital Days | -157 | -143 | -187 | -102 | -114 | -91 | -17 | 10 | 17 |
ROCE % | 7% | 3% | 2% | 2% | 5% | 6% | 10% | 11% |
Documents
Announcements
- Certificate As Per Regulation 40(10) Of The SEBI (LODR) Regulations, 2015. 2d
- Change In Contact Details Of Kmps Authorised For Determining Materiality Of An Event Or Information 11 Apr
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Change In Senior Management
11 Apr - Disclosure under Regulation 30 of the SEBI (LODR)Regulations, 2015- Change in Senior Management
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Compliance Certificate Under Regulation 7(3)
11 Apr - Compliance certificate under Regulation 7(3) of the SEBI (LODR )Regulations, 2015 for the year ended 31st March, 2024
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
11 Apr - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31st March, 2024
Annual reports
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Financial Year 2023
from bse
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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
from nse
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Financial Year 2012
from nse
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Financial Year 2012
from bse
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Financial Year 2011
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]