Shipping Corporation of India Land & Assets Ltd
Shipping Corp.of India Land & Assets is in the process of strategic disinvestment of its equity stake in Shipping Corporation of India Limited (SCI) together with transfer of management control. To facilitate disinvestment process of the Company in an effective, efficient and rapid manner and also to unlock the value of the business and the assets, it is found appropriate that the Non-core Assets of the Company, the value of which is not getting reflected in the value of business of SCI, should be separated from SCI and should be kept in an independent entity and a separate strategy should be formed for unlocking the value of such Non-core Assets.
- Market Cap ₹ 3,218 Cr.
- Current Price ₹ 69.2
- High / Low ₹ 77.8 / 35.6
- Stock P/E 67.8
- Book Value ₹ 69.2
- Dividend Yield 0.00 %
- ROCE 1.72 %
- ROE 1.48 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 1.00 times its book value
Cons
- Tax rate seems low
- Earnings include an other income of Rs.81.7 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
Sector: Miscellaneous Industry: Miscellaneous
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2022 | May 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
0 | 7 | 12 | 17 | |
0 | 15 | 45 | 43 | |
Operating Profit | 0 | -8 | -32 | -26 |
OPM % | -127% | -263% | -151% | |
0 | 6 | 51 | 82 | |
Interest | 0 | 0 | 0 | 0 |
Depreciation | 0 | 1 | 1 | 1 |
Profit before tax | 0 | -3 | 18 | 55 |
Tax % | 804% | -102% | 14% | |
0 | 23 | 36 | 47 | |
EPS in Rs | 1.02 | |||
Dividend Payout % | 0% | 0% | 65% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 39% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 33% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | 1% |
Balance Sheet
Figures in Rs. Crores
Mar 2022 | May 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
Equity Capital | 0 | 466 | 466 | 466 |
Reserves | 0 | 2,675 | 2,711 | 2,756 |
0 | 0 | 0 | 0 | |
0 | 256 | 250 | 276 | |
Total Liabilities | 0 | 3,397 | 3,426 | 3,498 |
0 | 2,392 | 2,392 | 2,392 | |
CWIP | 0 | 0 | 1 | 8 |
Investments | 0 | 0 | 0 | 0 |
0 | 1,004 | 1,034 | 1,098 | |
Total Assets | 0 | 3,397 | 3,426 | 3,498 |
Cash Flows
Figures in Rs. Crores
Mar 2022 | May 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
-23 | -379 | |||
33 | 373 | |||
-0 | -0 | |||
Net Cash Flow | 10 | -7 |
Ratios
Figures in Rs. Crores
Mar 2022 | May 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
Debtor Days | 0 | 0 | 96 | |
Inventory Days | 0 | 0 | ||
Days Payable | ||||
Cash Conversion Cycle | 0 | 0 | 96 | |
Working Capital Days | 21,986 | 20,933 | 17,248 | |
ROCE % | 1% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
30 Apr - Copies of Newspaper Publication of Newspaper Advertisement of Audited Standalone Financial Results for the quarter and year ended 31.03.2024 published in "Financial Express" and "Loksatta"
- Announcement under Regulation 30 (LODR)-Dividend Updates 29 Apr
- Board Meeting Outcome for Outcome Of Board Meeting And Compliance Of Regulations 30 And 33 Of The SEBI ( LODR) Regulations, 2015. 29 Apr
- Results Financial Results For 31.03.2024 29 Apr
- Board Meeting Intimation for Considering And Approving The Financial Results For The Period Ended March 31, 2024, And Considering And Recommending Dividend On Equity Shares, If Any. 22 Apr
Annual reports
No data available.