Shipping Corporation of India Land & Assets Ltd
Incorporated in 2021, Shipping Corporation of India Land & Assets Ltd was formed as a wholly owned subsidiary of The Shipping Corporation of India Limited (SCI) with the object of holding and disposing the Non-Core Assets of SCI distinct from the disinvestment transaction[1]
- Market Cap ₹ 2,204 Cr.
- Current Price ₹ 47.3
- High / Low ₹ 74.2 / 42.8
- Stock P/E
- Book Value ₹ 64.3
- Dividend Yield 1.16 %
- ROCE 2.09 %
- ROE -6.09 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.74 times its book value
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 17.1%
- Debtor days have improved from 65.5 to 34.7 days.
Cons
- Company has a low return on equity of -1.35% over last 3 years.
- Earnings include an other income of Rs.85.0 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.
Peer comparison
Financial Services Financial Services Finance Investment Company
Part of BSE SmallCap BSE CPSE BSE Allcap BSE Financial Services
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2022 5m | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| 0 | 12 | 17 | 18 | 23 | |
| 0 | 45 | 43 | 36 | 49 | |
| Operating Profit | 0 | -32 | -26 | -18 | -26 |
| OPM % | -260% | -151% | -96% | -116% | |
| 0 | 51 | 82 | 85 | 85 | |
| Interest | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 1 | 1 | 2 | 2 |
| Profit before tax | 0 | 18 | 55 | 65 | 56 |
| Tax % | -102% | 14% | 391% | ||
| 0 | 36 | 47 | -189 | -196 | |
| EPS in Rs | 1.02 | -4.07 | -4.20 | ||
| Dividend Payout % | 0% | 65% | -14% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 40% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -505% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -31% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -1% |
| Last Year: | -6% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 466 | 466 | 466 | 466 |
| Reserves | 0 | 2,708 | 2,756 | 2,536 | 2,529 |
| 0 | 0 | 0 | 0 | 0 | |
| 0 | 252 | 276 | 501 | 552 | |
| Total Liabilities | 0 | 3,426 | 3,498 | 3,502 | 3,546 |
| 0 | 2,392 | 2,392 | 2,404 | 2,403 | |
| CWIP | 0 | 1 | 8 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 0 | 1,034 | 1,098 | 1,098 | 1,143 | |
| Total Assets | 0 | 3,426 | 3,498 | 3,502 | 3,546 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| -23 | -379 | -49 | ||
| 33 | 373 | 80 | ||
| -0 | -0 | -31 | ||
| Net Cash Flow | 10 | -7 | -0 |
Ratios
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 0 | 96 | 35 | |
| Inventory Days | ||||
| Days Payable | ||||
| Cash Conversion Cycle | 0 | 96 | 35 | |
| Working Capital Days | 13,567 | 17,248 | 16,554 | |
| ROCE % | 1% | 2% | 2% |
Documents
Announcements
-
Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015
28 Nov - Stock exchanges fined SCILAL Rs.9,77,040 each on 28 Nov 2025 for board/committee non-compliance.
-
Results - Financial Results For Quarter And Half Year Ended 30.09.2025.
4 Nov - Approved unaudited standalone results for quarter/H1 ended 30.09.2025; Q1 profit Rs.419 lakh, H1 profit Rs.1,853 lakh.
-
Board Meeting Outcome for Outcome Of Board Meeting And Compliance Of Regulation 30 And 33 Of SEBI (LODR) Regulations, 2015
4 Nov - Board approved unaudited standalone Q2 and half-year results ended 30.09.2025; Q2 profit Rs.419 lakh, H1 profit Rs.1,853 lakh.
-
Board Meeting Intimation for To Consider And Approve The Unaudited Financial Results For The Period Ended 30Th September, 2025.
29 Oct - Board meeting on 04-Nov-2025 to approve unaudited Q2/H1 results ended 30.09.2025; trading window closed.
-
Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Waiver Of Fine By BSE
14 Oct - SCILAL: BSE accepted waiver of LODR fines for multiple quarters on 14-Oct-2025.
Business Overview:[1][2][3]
a) SCILAL was formed with the object of holding and disposing Non-core Assets of Shipping Corporation of India (SCI) distinct from the disinvestment transaction of SC
b) Company is categorized as Schedule
‘C’ company by Ministry of Ports, Shipping
and Waterways (MoPSW) on December 19th 2023 as per categorization of CPSEs. Also, Pursuant to the Certificate of Registration
of Trade Mark received, Logo of the Company
is duly registered as Trademark on May 22nd 2023 in respect of all kinds of Real Estate Affairs.
c) Presently, their operations are managed by the Shipping Corporation of India Ltd (SCI) under a service level agreement entered between the company and SCI