Shipping Corporation of India Ltd
Shipping Corporation of India is engaged involved in business of transporting goods and passengers.
- Market Cap ₹ 5,598 Cr.
- Current Price ₹ 121
- High / Low ₹ 151 / 85.6
- Stock P/E 8.35
- Book Value ₹ 202
- Dividend Yield 0.27 %
- ROCE 8.81 %
- ROE 9.96 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.60 times its book value
- Company has delivered good profit growth of 37.3% 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 7.58% 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
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 | TTM | |
---|---|---|---|---|---|---|---|---|---|
4,311 | 4,050 | 3,447 | 3,469 | 3,873 | 4,425 | 3,703 | 4,995 | 5,700 | |
3,396 | 2,688 | 2,667 | 2,793 | 3,160 | 3,283 | 2,544 | 3,465 | 4,287 | |
Operating Profit | 916 | 1,362 | 780 | 677 | 713 | 1,143 | 1,159 | 1,530 | 1,413 |
OPM % | 21% | 34% | 23% | 20% | 18% | 26% | 31% | 31% | 25% |
395 | 193 | 185 | 196 | 292 | 277 | 204 | 175 | 236 | |
Interest | 239 | 195 | 174 | 180 | 362 | 367 | 22 | 161 | 211 |
Depreciation | 801 | 542 | 566 | 610 | 658 | 671 | 628 | 635 | 717 |
Profit before tax | 270 | 818 | 226 | 82 | -16 | 382 | 713 | 909 | 721 |
Tax % | 28% | 4% | 19% | -273% | -304% | 12% | 2% | 5% | |
Net Profit | 195 | 782 | 182 | 306 | -63 | 336 | 696 | 865 | 670 |
EPS in Rs | 4.19 | 16.78 | 3.92 | 6.58 | -1.35 | 7.22 | 14.94 | 18.57 | 14.39 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 10% | 2% | 2% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 8% |
3 Years: | 9% |
TTM: | 25% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 37% |
3 Years: | 116% |
TTM: | -16% |
Stock Price CAGR | |
---|---|
10 Years: | 12% |
5 Years: | 13% |
3 Years: | 49% |
1 Year: | 6% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 5% |
3 Years: | 8% |
Last Year: | 10% |
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 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|
466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 | |
Reserves | 6,053 | 6,272 | 6,428 | 6,769 | 6,717 | 7,018 | 7,702 | 8,631 | 8,935 |
7,739 | 5,845 | 5,492 | 5,585 | 5,277 | 4,767 | 3,679 | 3,200 | 2,912 | |
1,580 | 2,148 | 2,162 | 1,686 | 1,896 | 1,668 | 1,556 | 1,956 | 2,110 | |
Total Liabilities | 15,839 | 14,731 | 14,549 | 14,506 | 14,357 | 13,919 | 13,403 | 14,253 | 14,423 |
12,280 | 11,827 | 11,411 | 11,348 | 11,119 | 10,653 | 10,174 | 7,625 | 7,532 | |
CWIP | 567 | 0 | 27 | 8 | 8 | 3 | 33 | 58 | 53 |
Investments | 77 | 80 | 136 | 269 | 279 | 298 | 354 | 476 | 575 |
2,915 | 2,824 | 2,975 | 2,882 | 2,951 | 2,964 | 2,841 | 6,094 | 6,262 | |
Total Assets | 15,839 | 14,731 | 14,549 | 14,506 | 14,357 | 13,919 | 13,403 | 14,253 | 14,423 |
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 | |
---|---|---|---|---|---|---|---|---|
2,197 | 1,490 | 683 | 228 | 712 | 945 | 1,340 | 1,644 | |
-308 | -11 | -86 | -471 | 7 | 324 | -206 | -1,079 | |
-1,675 | -1,095 | -522 | -87 | -866 | -1,120 | -1,154 | -653 | |
Net Cash Flow | 214 | 384 | 74 | -329 | -146 | 149 | -20 | -88 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 68 | 61 | 70 | 70 | 56 | 50 | 62 | 47 |
Inventory Days | ||||||||
Days Payable | ||||||||
Cash Conversion Cycle | 68 | 61 | 70 | 70 | 56 | 50 | 62 | 47 |
Working Capital Days | -157 | -143 | -187 | -102 | -114 | -91 | -17 | 150 |
ROCE % | 7% | 3% | 2% | 2% | 5% | 6% | 9% |
Documents
Announcements
- Closure of Trading Window 2h
- Corporate Action-Amalgamation/ Merger / Demerger 20 Mar
-
Announcement under Regulation 30 (LODR)-Scheme of Arrangement
20 Mar - Held today has fixed the record date as 31.03.2023
-
Announcement under Regulation 30 (LODR)-Scheme of Arrangement
15 Mar - Both the Demerged Company (''SCI'') as well as Resulting Company (''SCILAL'') has filed the E-Form INC-28 with the Registrar of Companies, Mumbai. Hence, pursuant to …
- Board Meeting Intimation Under Reg. 29 & 30 Of The SEBI (LODR) Regulations, 2015 10 Mar
Annual reports
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from nse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2012
from nse
-
Financial Year 2011
from bse
-
Financial Year 2011
from nse
-
Financial Year 2010
from nse
-
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