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 ₹ 2,229 Cr.
- Current Price ₹ 47.8
- High / Low ₹ 60.3 / 34.3
- Stock P/E 77.3
- Book Value ₹ 64.5
- Dividend Yield 1.14 %
- ROCE 1.31 %
- ROE 0.96 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.74 times its book value
Cons
- Company has a low return on equity of -1.21% over last 3 years.
- Earnings include an other income of Rs.83.5 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 CPSE BSE Financial Services
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2022 5m | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 0 | 12 | 17 | 18 | 23 | |
| 0 | 45 | 43 | 36 | 65 | |
| Operating Profit | 0 | -32 | -26 | -18 | -42 |
| OPM % | -260% | -151% | -96% | -179% | |
| 0 | 51 | 82 | 85 | 83 | |
| Interest | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 1 | 1 | 2 | 2 |
| Profit before tax | 0 | 18 | 55 | 65 | 39 |
| Tax % | -102% | 14% | 391% | 27% | |
| 0 | 36 | 47 | -189 | 29 | |
| EPS in Rs | 1.02 | -4.07 | 0.62 | ||
| Dividend Payout % | 0% | 65% | -14% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 23% |
| TTM: | 27% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -7% |
| TTM: | 115% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -1% |
| 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 | 501 | 545 | |
| Total Liabilities | 0 | 3,426 | 3,498 | 3,502 | 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 | 1,098 | 1,147 | |
| Total Assets | 0 | 3,426 | 3,498 | 3,502 | 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/OP | 49% | 1,395% | 199% | 116% |
Ratios
Figures in Rs. Crores
| 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 | 16,554 | 13,177 | |
| ROCE % | 1% | 2% | 2% | 1% |
Insights
In beta| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| MTI Total Course Participants Number |
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| MTI Number of Courses Conducted Number |
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| MTI Overall Capacity Utilization % |
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| MTI Powai Land Area sq. mtr. |
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| Shipping House Mumbai Office Area sq. ft. |
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| Solar Power Plant Capacity MW |
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| Total Residential Real Estate Area (Mumbai) sq. ft. |
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Extracted by Screener AI
Documents
Announcements
-
Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Update
6 May - SCI signed an MOU with NBCC on 6 May 2026 to upgrade Maritime Training Institute, Powai.
-
Announcement under Regulation 30 (LODR)-Change in Management
5 May - Board approved FY26 audited results, recommended Rs0.55 dividend, and appointed Amit Ray & Co. for two years.
-
Announcement under Regulation 30 (LODR)-Dividend Updates
5 May - Board approved FY26 audited standalone results, recommended Rs 0.55 dividend, and appointed internal auditor for two years.
- Results-Financial Results For Quarter And Financial Year Ended 31.03.2026. 5 May
-
Board Meeting Outcome for Outcome Of The Board Meeting And Compliance Of Regulation 30 And 33 Of SEBI (LODR) Regulations, 2015
5 May - Board approved FY26 audited standalone results, recommended Rs0.55 dividend, and appointed internal auditor for two years.
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