MarketFriction

Shipping Corporation of India Ltd

NSE SCI · BSE 523598 · Shipping
₹267.05 -1.28%
NSE close2026-10-01
52 week range195.55 - 368.75
Market cap₹12,712 Cr.
P/E7.86
Nifty 500Smallcap 250 Price band 20% Delivery 35.6%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,0931,3411,4131,5141,4511,3161,3251,3161,3391,6121,5131,847
Expenses8589241,0051,0059189589618279329349101,009
Operating Profit236417407510533357365489406678603837
OPM %22%31%29%34%37%27%28%37%30%42%40%45%
Other Income94251134943458815711169147110
Interest564040404364393147484737
Depreciation200251241220234255243250256271287282
Profit before tax7415123929829884171366214427416628
Tax %11%11%-29%2%2%10%-8%3%12%5%3%1%
Net Profit6613430729129176185354189405405619
EPS in Rs1.412.886.606.266.261.623.977.604.068.698.6913.30
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales4,0503,4473,4693,8734,4253,7034,9955,7945,0475,6065,7806,310
Expenses2,6882,6672,7933,1603,2832,5443,4654,2373,6243,8413,5933,785
Operating Profit1,3627806777131,1431,1591,5301,5571,4231,7652,1862,525
OPM %34%23%20%18%26%31%31%27%28%31%38%40%
Other Income193185196292277204175184283225474436
Interest19517418036236722161185171187174180
Depreciation5425666106586716286357538899511,0641,096
Profit before tax81822682-163827139098036458521,4231,685
Tax %4%19%-273%304%12%2%5%-8%-5%1%5%
Net Profit782182306-633366968658706798441,3531,618
EPS in Rs16.783.926.58-1.357.2214.9418.5718.6814.5818.1129.0534.74
Dividend Payout %0%0%0%0%10%2%2%2%3%36%26%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth4%9%0%17%
Compounded Profit Growth5%14%15%79%
Stock Price CAGR18%23%23%23%
Return on Equity8%11%12%15%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital466466466466466466466466466466466466
Reserves6,0536,2726,4286,7696,7177,0187,7028,6316,4377,0747,8468,630
Borrowings7,7395,8455,4925,5855,2774,7673,6793,2002,6052,9142,2282,679
Other Liabilities1,5802,1482,1621,6861,8961,6681,5561,9561,9361,6461,1611,543
Total Liabilities15,83914,73114,54914,50614,35713,91913,40314,25311,44312,10011,70113,318
Fixed Assets12,28011,82711,41111,34811,11910,65310,1747,6257,4037,0046,7117,199
CWIP5670278833358344245
Investments7780136269279298354476611657826774
Other Assets2,9152,8242,9752,8822,9512,9642,8416,0943,3954,3974,1595,341
Total Assets15,83914,73114,54914,50614,35713,91913,40314,25311,44312,10011,70113,318
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity2,1971,4906832287129451,3401,6441,4659948501,343
Cash from Investing Activity-308-11-86-4717324-206-1,079-501-573-316-850
Cash from Financing Activity-1,675-1,095-522-87-866-1,120-1,154-653-930103-1,236-518
Net Cash Flow21438474-329-146149-20-8834524-702-25
Free Cash Flow1,538976508-2415949591,1441,151990546558-154
CFO/OP248%116%96%47%109%92%118%111%97%69%48%56%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days6861707056506247641027875
Inventory Days
Days Payable
Cash Conversion Cycle6861707056506247641027875
Working Capital Days-161-143-290-236-264-255-11574-41-4277140
ROCE %7%3%2%2%5%6%9%9%8%10%14%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters63.75%63.75%63.75%63.75%63.75%63.75%63.75%63.75%63.75%63.75%63.75%63.75%
FIIs3.23%3.27%4.66%4.56%5.61%4.79%4.68%6.14%6.49%7.13%8.98%8.98%
DIIs6.97%7.99%7.87%8.69%3.64%3.63%3.16%2.57%2.58%2.41%2.49%2.09%
Public26.05%24.98%23.74%23.01%27.00%27.83%28.41%27.55%27.19%26.72%24.79%25.20%
No. of Shareholders2,09,1992,19,4633,04,5273,24,1564,41,5354,52,4814,60,8084,63,9654,47,5554,19,7053,96,7203,85,658

Fundamentals

Market Cap₹ 12,712 Cr.
Current Price₹ 273
Stock P/E7.86
Book Value₹ 195
ROCE13.9 %
ROE15.0 %
Dividend Yield2.75 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)17%
Compounded Profit Growth (TTM)79%
Consolidated figures.
Valuation
Market capRs 12,439 Cr
Enterprise valueRs 14,769 Cr
P/E (TTM)7.69x
Price to book1.37x
Price to sales1.97x
EV / EBITDA4.99x
EV / EBIT7.92x
EV / sales2.34x
Price to cash flow9.26x
Earnings yield13.01%
Dividend yield2.81%
P/E, 3-year average10.34x
P/B, 3-year average1.11x
P/E, 5-year average8.16x
P/B, 5-year average0.89x
Profitability
Operating margin (excl. other income)37.83%
Operating margin (incl. other income)46.04%
EBITDA margin46.93%
Pre-tax margin26.70%
Net profit margin25.64%
Net margin, latest quarter33.54%
ROE15.54%
ROCE14.31%
ROA10.82%
ROE, 3-year average11.86%
ROCE, 3-year average10.80%
ROA, 3-year average7.89%
ROE, 5-year average11.30%
ROCE, 5-year average10.06%
ROA, 5-year average7.34%
ROIC (approx.)15.52%
Tax rate4.91%
Other income / net worth5.22%
Growth
Sales growth (latest year)3.10%
Profit growth (latest year)60.38%
Sales CAGR, 3 years-0.08%
Sales CAGR, 5 years9.31%
Profit CAGR, 3 years15.85%
Profit CAGR, 5 years14.21%
Sales growth QoQ22.03%
Profit growth QoQ53.07%
Sales growth YoY (latest quarter)40.31%
Profit growth YoY (latest quarter)74.87%
Per share
EPS (TTM)Rs 34.74
EPS (latest year)Rs 29.05
EPS (latest quarter)Rs 13.30
EPS, 3-year averageRs 20.58
EPS, 5-year averageRs 19.80
Book value per shareRs 195.28
Sales per shareRs 135.47
Cash flow per shareRs 28.84
Free cash flow per shareRs -3.31
Dividend per share (latest year)Rs 7.50
Dividend per share, 3-year averageRs 4.86
Dividend per share, 5-year averageRs 3.07
Dividends
Dividend payout25.82%
Dividend payout, 3-year average21.88%
Dividend payout, 5-year average13.95%
Efficiency
Asset turnover0.43x
Fixed asset turnover0.80x
Inventory turnover10.22x
Inventory days36 days
Debtor days75 days
Debtors turnover4.85x
Cash conversion cycle75 days
Working capital days140 days
Leverage
Total debtRs 2,679 Cr
Cash and bankRs 349 Cr
Net debtRs 2,330 Cr
Debt to equity0.29x
Net debt / EBITDA0.79x
Interest coverage10.35x
Current ratio (filing 2026-03-31)2.23x
Quick ratio (filing 2026-03-31)2.10x
Trade payables (filing 2026-03-31)Rs 1,211 Cr
Owners' fund to total sources68.30%
Debt to assets20.12%
Cash flow
Cash from Operating Activity (latest year)Rs 1,343 Cr
Cash from Investing Activity (latest year)Rs -850 Cr
Cash from Financing Activity (latest year)Rs -518 Cr
Net Cash Flow (latest year)Rs -25 Cr
Free cash flow (latest year)Rs -154 Cr
FCFE (approx.: FCF + change in debt)Rs 297 Cr
Cash from ops / profit, 5 years1.37x
Sales to cash flow4.30x
Statement figures
Net sales (TTM)Rs 6,310 Cr
Net sales (latest year)Rs 5,780 Cr
Sales (latest quarter)Rs 1,847 Cr
Operating profit excl. other income (latest year)Rs 2,186 Cr
Operating profit (latest quarter)Rs 837 Cr
Other income (TTM)Rs 436 Cr
EBITDA (TTM)Rs 2,961 Cr
PBDT (TTM)Rs 2,781 Cr
Profit before tax (TTM)Rs 1,685 Cr
Tax (latest year)Rs 70 Cr
Net profit (TTM)Rs 1,618 Cr
Net profit (latest year)Rs 1,353 Cr
Net profit (latest quarter)Rs 619 Cr
Depreciation (TTM)Rs 1,096 Cr
Depreciation (latest quarter)Rs 282 Cr
Interest (TTM)Rs 180 Cr
Cost of goods sold (latest year)Rs 2,796 Cr
Total expenditure (latest year)Rs 3,593 Cr
Total income (latest year)Rs 6,254 Cr
Share capitalRs 466 Cr
ReservesRs 8,630 Cr
Shareholders' fundsRs 9,096 Cr
Total assetsRs 13,318 Cr
Net blockRs 7,199 Cr
Capital work in progressRs 5 Cr
InvestmentsRs 774 Cr
ReceivablesRs 1,192 Cr
InventoryRs 274 Cr
Other liabilitiesRs 1,543 Cr
Shares outstanding (crore)46.58
Ownership
Promoter holding63.75% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 7.7 is at the 33th percentile of its own 8.4-year range (median 8.9, low 4.9, high 25.5).
P/B 1.37 is at the 83th percentile (median 0.65).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodSCINifty 50Difference
1 week-3.5%-2.8% -0.7 pts
1 month-7.1%-6.8% -0.3 pts
3 months-11.5%-7.6% -3.9 pts
6 months+21.6%+0.4% +21.1 pts
1 year+14.7%-9.9% +24.6 pts
2 years-0.1%-13.6% +13.5 pts
3 years+82.9%+14.2% +68.7 pts
5 years+113.5%+27.9% +85.6 pts
40 mutual fund schemes hold about ₹120 Cr. Over three months 8 bought more and 7 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Quant PSU Fund9.77%42 +18%
ITI Small Cap Fund0.84%30 +5%
Bank of India Small Cap Fund0.30%10 -47%
JioBlackRock Flexi Cap Fund0.25%8 +819%
Nippon India Nifty Smallcap 250 Index Fund0.22%8 +3%
JM Small Cap Fund0.47%4 -7%
SBI Nifty Smallcap 250 Index Fund0.22%4 +3%
Motilal Oswal Nifty Smallcap 250 Index Fund0.22%3 +3%
ICICI Pru Nifty Smallcap 250 Index Fund0.22%2 +4%
HDFC NIFTY Smallcap 250 Index Fund0.22%2 +4%
Samco Multi Asset Allocation Fund0.41%2 +2%
Nippon India Nifty 500 Equal Weight Index Fund0.20%1 +20%
JioBlackRock Nifty Smallcap 250 Index Fund0.22%1 +3%
Motilal Oswal Nifty 500 Index Fund0.02%1 +4%
Samco Dynamic Asset Allocation Fund0.39%1 +100%
Edelweiss Nifty Smallcap 250 Index Fund0.22%1 +4%
Groww Nifty Smallcap 250 Index Fund0.22%0 +3%
HDFC Nifty500 Multicap 50:25:25 Index Fund0.06%0 +4%
Bandhan Nifty Smallcap 250 Index Fund0.22%0 +4%
Kotak Nifty Smallcap 250 Index Fund0.22%0 +3%
SBI Nifty 500 Index Fund0.02%0 +4%
Groww Nifty Total Market Index Fund0.02%0 +4%
Axis Nifty 500 Index Fund0.02%0 +4%
UTI Nifty500 Shariah Index Fund0.08%0 -3%
DSP Nifty Smallcap 250 Index Fund0.22%0 +3%

Red flags

F-score 5 of 8
lookAuditor change Auditor change 2026-09-09: Shipping Corporation Of India Limited has informed the Exchange regarding Change in Auditors of the company.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹1,847 Cr +40.3% vs Jun 2025. Net profit ₹619 Cr +74.9%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-04Dividend - Re 1 Per Share
2026-02-17Interim Dividend - Rs 3.50 Per Share
2025-11-19Interim Dividend - Rs 3 Per Share
2025-09-04Dividend - Rs 6.59 Per Share
2024-09-06Dividend - Re 0.50 Per Share
2024-09-06Annual General Meeting
2023-09-01Annual General Meeting/Dividend - Re 0.44 Per Share
2023-03-31Demerger
2022-09-22Annual General Meeting/Dividend - Re 0.33 Per Share
2021-08-17 Annual General Meeting/Dividend - Rs 0.25 Per Share
2020-09-09 Annual General Meeting/Dividend - Rs 0.75 Per Share
2019-09-16 Annual General Meeting
2018-09-18 Annual General Meeting
2017-09-20 Annual General Meeting
2016-09-16 Annual General Meeting
2015-09-14 Annual General Meeting
2014-09-15Annual General Meeting
2013-09-13Annual General Meeting
2012-09-13Annual General Meeting
2011-09-14Annual General Meeting And Dividend Rs.2.50 Per Share
2011-02-11Interim Dividend-Rs.3/- Per Share (Purpose Revised)
2010-09-20Annual General Meeting And Final Dividend Rs.5/- Per Share
2009-09-18Agm/Div-Rs.6.5 Per Share
2008-10-29Bonus 1:20.6667
2008-09-19Agm/Dividend - 40%
2008-02-27Interim Dividend - 45% Purpose Revised
2007-09-19Agm
2007-04-03Int Div-Rs.8.50 Per Sharepurpose Revised
2006-09-20Agm
DateTypeWhat it says
2026-09-29Shareholder meetingWith copy of minutes of 76th Annual General Meeting of the Company held on September 23, 2026.
2026-09-28AppointmentAppointment of Mr. Vipul Singhal as Non- Executive Director of the company w.e.f. September 25, 2026.
2026-09-24General UpdatesIntimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Change in Director
2026-09-24Shareholder meetingVoting results.
2026-09-23Shareholder meetingProceedings of Annual General Meeting held on September 23, 2026
2026-09-09Change in AuditorsChange in Auditors of the company.
2026-09-08Change in AuditorsChange in Auditors of the company.
2026-08-31UpdatesBoard Comments on Fine levied by the Exchange.
2026-08-27General UpdatesLetter sent to shareholders providing the web link including the exact path for the 76th Annual Report for Financial Year 2025-26.
2026-08-26Shareholder meetingNotice of Annual General Meeting to be held on September 23, 2026.
2026-08-26General UpdatesDisclosure under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.
2026-08-20AppointmentAppointment of Mrs Bharati Raman Gotarna as Non- Executive Independent Director of the company w.e.f. August 19, 2026.
2026-08-19Director changeChange in Director(s) of the company.
2026-08-14General UpdatesIntimation under Regulation 30 of SEBI(Listing Obligations and Disclosure Requirements)Regulation ,2015 -Change in Director
2026-08-13Record DateRecord date for the purpose of Dividend is 04-Sep-2026.
2026-08-13UpdatesIntimation with respect to 76th Annual General Meeting to be held on 23.09.2026.
2026-08-08General UpdatesThe Company in direct continuation has extended time charter period of 9034 TEU container ship (m.v. SCI Delhi) for further seven years.
2026-08-06Board meeting outcomeShipping Corporation Of India Limited has submitted to the Exchange, Standalone and Consolidated financial results for the period ended Jun 30, 2026.
2026-07-24Director changeChange in Director(s) of the company.
2026-07-23Change in ManagementChange in Management
2026-07-03General UpdatesDisclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 -Communication made to Physical Shareholder...
2026-06-25General UpdatesCommunication sent to Shareholders as part of Second 100 days - Saksham Niveshak Campaign.
2026-06-02Change in ManagementChange in Management
2026-06-02Change in ManagementChange in Management
2026-06-02UpdatesBoard Comments on fine levied by the Exchange.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2021-08-04NCLTTridibesh Satpathy & Ors. Vs SCI Growth Investments II
2021-01-19NCLTSCI International Securites Ltd. Vs Brio Academic Infrastructure & Resource Mangement Pvt.Ltd.
2020-02-27NCLTTridibesh Satapathy & Ors. Vs SCI Growth Investmets II
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Shipping Corporation of India Ltd?

Shipping Corporation of India Ltd (SCI) has a market capitalisation of Rs 12,712 Cr. at the 2026-10-01 close.

What is the P/E ratio of Shipping Corporation of India Ltd?

Shipping Corporation of India Ltd trades at a P/E of 7.86 on trailing twelve-month profit, at the 2026-10-01 close.

What were Shipping Corporation of India Ltd's latest quarterly results?

In the Jun 2026 quarter, Shipping Corporation of India Ltd sales was Rs 1,847 Cr (+40.3% vs Jun 2025) and net profit was Rs 619 Cr.

What is the 52-week high and low of Shipping Corporation of India Ltd?

The 52-week high is Rs 368.75 and the 52-week low is Rs 195.55.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03