Shipping Corporation of India Limited

Shipping Corporation of India Limited

252.15
INR
-8.70
(-3.34%)
34.74EPS
8.78P/E
142.07BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
89.21
91.76
86.21
73.16
72.36
82.35
94.04
79.23
105.87
123.88
108.03
119.96
123.39
135.47
Basic EPS, GAAP
-5.9
4.19
16.78
3.92
6.58
-1.35
7.22
14.94
18.47
18.68
14.58
18.11
29.05
34.74
Free Cash Flow per Basic Share
-6.36
30.35
20.68
10.5
-9
9.31
18.04
24.55
20.36
21.25
10.35
11.97
-4.45
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
0.75
0.25
0.33
0.44
0.5
13.07
- -
Book Value per Share
136.11
128.63
143.76
148.01
155.33
154.21
160.66
175.34
128.26
148.18
161.86
178.44
195.28
- -
Tangible Book Value per Share
135.6
128.36
143.75
148
155.32
154.16
160.63
175.33
128.25
148.18
161.85
178.43
195.27
- -
Basic Weighted Avg Shares
466
466
466
466
466
466
466
466
466
466
466
466
466
466
Sales/Revenue/Turnover
41,552
42,739
40,158
34,077
33,707
38,357
43,802
36,907
49,314
57,704
50,320
55,877
57,476
63,103
Operating Margin (%)
-6.95
3.27
20.21
6.37
1.68
3.42
15.86
14.54
17.84
17.38
11.21
15.66
22.49
23.5
Depreciation Expense
8,564
8,015
5,423
5,661
6,103
6,585
6,713
6,279
6,353
7,532
8,894
9,513
10,638
- -
Net Income, GAAP
-2,747
1,950
7,817
1,824
3,065
-627
3,365
6,961
8,605
8,702
6,790
8,436
13,529
16,181
Effective Tax Rate (%)
- -
27.84
4.42
19.25
- -
- -
11.83
2.34
4.85
- -
- -
0.96
4.91
3.96
Profit Margin (%)
-6.61
4.56
19.46
5.35
9.09
-1.63
7.68
18.86
17.45
15.08
13.49
15.1
23.54
25.64
Working Capital
-5,713
-883
-2,863
-13,667
-10,794
-17,984
-21,523
-1,270
-5,096
-1,018
7,045
19,449
26,525
- -
LT Debt
65,707
55,169
45,562
30,776
33,066
25,267
17,013
26,862
21,672
16,788
15,838
16,914
20,020
- -
Total Equity
63,398
59,914
66,962
68,941
72,353
71,832
74,837
81,675
59,742
69,023
75,395
83,117
90,963
- -
Return on Invested Capital (%)
- -
0.67
6.52
1.64
- -
- -
5.65
4.41
8.51
- -
- -
8.69
11.76
- -
Return on Capital (%)
- -
2.5
7.6
2.57
- -
- -
4.14
6.56
8.78
- -
- -
9.37
13.45
- -
Return on Common Equity (%)
-4.24
3.16
12.32
2.68
4.34
-0.87
4.59
8.9
12.17
13.52
9.4
10.64
15.54
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
6,772
- -
LT Borrowings
- -
19,313
- -
LT Finance Leases
- -
707
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
466
466
466
Market Capitalization
107,949
102,383
142,069

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
48,100
- -
Cash, Cash Equivalents & STI
- -
26,592
- -
Accounts Receivable, Net
- -
11,924
- -
Inventories
- -
2,737
- -
Total Current Liabilities
- -
21,576
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
6,772
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.81%
3.52%
9.44%
Free Cash Flow
-49.42%
-37.11%
-137.17%
Net Income, GAAP
-57.18%
17.48%
60.38%
Sales/Revenue/Turnover
4.78%
10.35%
2.86%
Total Cash Common Dividend
- -
507.04%
2,522.96%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
15,143
14,508
13,156
13,252
55,877
2026
13,160
13,389
16,117
15,132
57,476
2027
18,466
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
6.26
6.26
1.62
3.97
18.11
2026
7.6
4.06
8.69
8.69
29.05
2027
13.3
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.5
2026
- -
- -
- -
- -
13.07
2027
- -
- -
- -
- -
- -

Company Description

CEO
Binesh Kumar Tyagi
Full Time Employees
2,962
Sector
Transportation
Industry
Air freight/Couriers
Address
Shipping House Mumbai MA India 400021
IPO Date
Nov 7, 1994
Business
The Shipping Corporation of India Limited (SCI) operates as India's largest shipping company and premier flag carrier, owning and managing a diversified fleet that services national and international trades across bulk carriers, crude oil tankers, product tankers, container vessels, passenger-cum-cargo vessels, LPG carriers, chemical carriers, offshore supply vessels, and break-bulk vessels; it also provides technical management, manning, and consulting services for government departments and organizations including Oil and Natural Gas Corporation, Indian Oil Corporation, and Bharat Petroleum. SCI conducts operations in three primary segments comprising liner and passenger services with international container and break-bulk routes primarily in the Indian sub-continent, bulk and tanker services encompassing dry bulk, crude oil, clean petroleum products, gas, chemicals, and petrochemicals for global energy and commodity trades, and technical and offshore services featuring specialized vessels such as diving support, geotechnical, and multipurpose support vessels. Founded in 1961 through the amalgamation of Eastern Shipping Corporation and Western Shipping Corporation, SCI maintains headquarters in Mumbai, India, and holds Navratna status conferred by the Government of India in 2008, employing a modern fleet exceeding 60 vessels with approximately 3.5 million deadweight tons that supports India's EXIM trade, coastal logistics, and strategic energy security needs. In recent developments, SCI signed a Memorandum of Understanding in September 2025 with Bharat Petroleum Corporation Ltd., Hindustan Petroleum Corporation Ltd., and Indian Oil Corporation Ltd. to jointly acquire, own, operate, and manage a dedicated fleet for transporting petroleum products, petrochemicals, and hydrocarbon cargoes, aligning with the Atmanirbhar Bharat initiative; the company executed agreements in July and August 2025 to acquire two second-hand very large gas carriers (VLGCs) each with 82,000 cubic meter capacity for delivery in fiscal year 2025-26, enhancing its position in global gas transportation; additionally, SCI pursued bids in October 2025 for second-hand container ships and participates in a government-proposed revival plan involving over 200 new vessel acquisitions.