Shipping Corporation of India Ltd
Shipping Corporation of India is engaged involved in business of transporting goods and passengers.
- Market Cap ₹ 13,422 Cr.
- Current Price ₹ 288
- High / Low ₹ 323 / 158
- Stock P/E 11.8
- Book Value ₹ 183
- Dividend Yield 2.29 %
- ROCE 9.81 %
- ROE 10.5 %
- Face Value ₹ 10.0
Pros
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 10.1% over last 3 years.
- Contingent liabilities of Rs.4,305 Cr.
- Dividend payout has been low at 14.1% of profits over last 3 years
- Working capital days have increased from -1.99 days to 77.4 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 Nifty500 Shariah BSE CPSE Nifty MidSmallcap 400 Nifty Smallcap 250
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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4,311 | 4,050 | 3,447 | 3,469 | 3,873 | 4,425 | 3,703 | 4,995 | 5,794 | 5,047 | 5,606 | 5,592 | |
| 3,396 | 2,688 | 2,667 | 2,793 | 3,160 | 3,283 | 2,544 | 3,465 | 4,237 | 3,624 | 3,841 | 3,654 | |
| Operating Profit | 916 | 1,362 | 780 | 677 | 713 | 1,143 | 1,159 | 1,530 | 1,557 | 1,423 | 1,765 | 1,938 |
| OPM % | 21% | 34% | 23% | 20% | 18% | 26% | 31% | 31% | 27% | 28% | 31% | 35% |
| 395 | 193 | 185 | 196 | 292 | 277 | 204 | 175 | 184 | 283 | 225 | 425 | |
| Interest | 239 | 195 | 174 | 180 | 362 | 367 | 22 | 161 | 185 | 171 | 187 | 165 |
| Depreciation | 801 | 542 | 566 | 610 | 658 | 671 | 628 | 635 | 753 | 889 | 951 | 1,019 |
| Profit before tax | 270 | 818 | 226 | 82 | -16 | 382 | 713 | 909 | 803 | 645 | 852 | 1,179 |
| Tax % | 28% | 4% | 19% | -273% | 304% | 12% | 2% | 5% | -8% | -5% | 1% | |
| 195 | 782 | 182 | 306 | -63 | 336 | 696 | 865 | 870 | 679 | 844 | 1,133 | |
| EPS in Rs | 4.19 | 16.78 | 3.92 | 6.58 | -1.35 | 7.22 | 14.94 | 18.57 | 18.68 | 14.58 | 18.11 | 24.32 |
| 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: | -2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 23% |
| 5 Years: | 27% |
| 3 Years: | -1% |
| TTM: | 17% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 30% |
| 3 Years: | 47% |
| 1 Year: | 59% |
| Return on Equity | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 10% |
| 3 Years: | 10% |
| 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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 466 | 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 | 8,631 | 6,437 | 7,074 | 7,846 | 8,065 |
| 7,739 | 5,845 | 5,492 | 5,585 | 5,277 | 4,767 | 3,679 | 3,200 | 2,605 | 2,914 | 2,228 | 2,811 | |
| 1,580 | 2,148 | 2,162 | 1,686 | 1,896 | 1,668 | 1,556 | 1,956 | 1,936 | 1,646 | 1,161 | 1,566 | |
| Total Liabilities | 15,839 | 14,731 | 14,549 | 14,506 | 14,357 | 13,919 | 13,403 | 14,253 | 11,443 | 12,100 | 11,701 | 12,908 |
| 12,280 | 11,827 | 11,411 | 11,348 | 11,119 | 10,653 | 10,174 | 7,625 | 7,403 | 7,004 | 6,711 | 7,441 | |
| CWIP | 567 | 0 | 27 | 8 | 8 | 3 | 33 | 58 | 34 | 42 | 4 | 23 |
| Investments | 77 | 80 | 136 | 269 | 279 | 298 | 354 | 476 | 611 | 657 | 826 | 800 |
| 2,915 | 2,824 | 2,975 | 2,882 | 2,951 | 2,964 | 2,841 | 6,094 | 3,395 | 4,397 | 4,159 | 4,644 | |
| Total Assets | 15,839 | 14,731 | 14,549 | 14,506 | 14,357 | 13,919 | 13,403 | 14,253 | 11,443 | 12,100 | 11,701 | 12,908 |
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 | 1,644 | 1,465 | 994 | 850 | |
| -308 | -11 | -86 | -471 | 7 | 324 | -206 | -1,079 | -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 | -88 | 34 | 524 | -702 |
| Free Cash Flow | 1,538 | 976 | 508 | -241 | 594 | 959 | 1,144 | 1,151 | 990 | 546 | 558 |
| CFO/OP | 248% | 116% | 96% | 47% | 109% | 92% | 118% | 111% | 97% | 69% | 48% |
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 | -161 | -143 | -290 | -236 | -264 | -255 | -115 | 74 | -41 | -42 | 77 |
| ROCE % | 7% | 3% | 2% | 2% | 5% | 6% | 9% | 9% | 8% | 10% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fleet Size (Owned Vessels) Number ・Standalone data |
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| Total Fleet Capacity (DWT) Million DWT ・Standalone data |
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| Managed Vessels Number ・Standalone data |
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| Average Age of Owned Vessels Years ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Directorate
10 Apr - Three non-official independent directors ceased on 10 April 2026 after completing one-year tenure.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Apr - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31.03.2026
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Announcement under Regulation 30 (LODR)-Change in Management
1 Apr - Deputy General Manager Sujoy Baug retired 31.03.2026; Debanjan Nandi appointed incharge, Kolkata regional office from 01.04.2026.
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Announcement under Regulation 30 (LODR)-Change in Directorate
31 Mar - Shri Rajesh Kumar Sinha ceased as SCI's Government Nominee Director upon superannuation effective 31.03.2026.
- Closure of Trading Window 23 Mar
Annual reports
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Financial Year 2025
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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
from nse
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Financial Year 2012
from nse
Concalls
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Nov 2025Transcript PPT
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]