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 ₹ 1,625 Cr.
- Current Price ₹ 34.9
- High / Low ₹ 55.0 / 34.3
- Stock P/E 57.0
- Book Value ₹ 64.5
- Dividend Yield 1.58 %
- ROCE 1.31 %
- ROE 0.96 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.54 times its book value
- Company has been maintaining a healthy dividend payout of 46.7%
Cons
- Company has a low return on equity of -1.21% over last 3 years.
- Earnings include an other income of Rs.82.3 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 Financial Services BSE CPSE
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2022 5m | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|
| 0 | 12 | 17 | 18 | 23 | 25 | |
| 0 | 45 | 43 | 36 | 65 | 67 | |
| Operating Profit | 0 | -32 | -26 | -18 | -42 | -41 |
| OPM % | -260% | -151% | -96% | -179% | -162% | |
| 0 | 51 | 82 | 85 | 83 | 82 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 1 | 1 | 2 | 2 | 3 |
| Profit before tax | 0 | 18 | 55 | 65 | 39 | 38 |
| Tax % | -102% | 14% | 391% | 27% | ||
| 0 | 36 | 47 | -189 | 29 | 28 | |
| EPS in Rs | 1.02 | -4.07 | 0.62 | 0.61 | ||
| Dividend Payout % | 0% | 65% | -14% | 89% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 23% |
| TTM: | 24% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -7% |
| TTM: | 115% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -33% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | -1% |
| 3 Years: | -1% |
| Last Year: | 1% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 466 | 466 | 466 | 466 |
| Reserves | 0 | 2,708 | 2,756 | 2,536 | 2,539 |
| 0 | 0 | 0 | 0 | 0 | |
| 0 | 252 | 276 | 514 | 545 | |
| Total Liabilities | 0 | 3,426 | 3,498 | 3,516 | 3,550 |
| 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 | 1,112 | 1,147 | |
| Total Assets | 0 | 3,426 | 3,498 | 3,516 | 3,550 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| -23 | -379 | -49 | -61 | ||
| 33 | 373 | 80 | 85 | ||
| -0 | -0 | -31 | -26 | ||
| Net Cash Flow | 10 | -7 | -0 | -1 | |
| Free Cash Flow | -24 | -387 | -56 | -62 | |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 49% | 1,395% | 199% | 116% |
Ratios
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 0 | 96 | 35 | 55 | |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 0 | 96 | 35 | 55 | |
| Working Capital Days | 13,567 | 17,248 | 16,653 | 13,177 | |
| ROCE % | 1% | 2% | 2% | 1% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| MTI Approved Intake Capacity (Regular Residential Courses) candidates |
|
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| MTI Total Candidates Trained candidates |
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| MTI Utilization Rate - DNS (Diploma in Nautical Science) Course % |
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| MTI Utilization Rate - STCW Short-term Courses % |
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| MTI Cumulative Candidates Trained Since Inception candidates |
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| Real Estate Portfolio - Total Leasable Area (Excluding MTI) sq.ft |
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Extracted by Screener AI
Documents
Announcements
-
Board Meeting Intimation for To Consider And Approve The Unaudited Financial Results For The Period Ended September 30, 2026.
- Board meeting on 28 Oct 2026 to approve Q2 and half-year unaudited financial results.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Submission of Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30th September 2026.
- Minutes Of 05Th Annual General Meeting Of The Company Held On 21.09.2026.
-
Closure of Trading Window
- Trading window closes from 1 October 2026 until 48 hours after Q2 FY27 results.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
Annual reports
-
Annual Report 2026
from bse
-
Annual Report 2025
from bse
-
Annual Report 2024
from bse
-
Annual Report 2023
from web
-
Annual Report 2022
from web
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