Shipping Corporation Of India Ltd.
•₹ 290.55-0.21%
2026-08-21
ABOUT
KEY POINTS
Revenue Breakup Mar 2025 • Tanker: 63.2% • Liner Segment: 18.2% • Bulk Segment: 12.5% • Technical & Offshore: 4.8% • Unallocated: 1.3%
PROS
- Company has delivered good profit growth of 20.2% CAGR over last 5 years
- Company has consistently been profitable over the last 5 years
- Latest quarter profit grew 74.9% YoY, showing strong momentum
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.38x)
- Company has been maintaining a healthy dividend payout of 36.4%
CONS
- Company has a low return on capital employed of 9.6%
- Working capital days have increased from 53 to 127 days
- Effective tax rate is unusually low at 1.0% - earnings may be flattered
- Company has delivered a poor sales growth of 4.8% over past five years
- Contingent liabilities are large at 51.8% of net worth
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | GESHIP | 1315.85 | 5.01 | 18786.02 | 2.67 | 1308.84 | 159.43 | 2005.36 | 66.91 | 18.37 | 66.71 |
| 2. | SCI | 295.05 | 8.49 | 13743.40 | 2.54 | 619.34 | 74.87 | 1846.56 | 40.31 | 10.05 | 45.35 |
| 3. | SHREEJISPG | 649.00 | 66.18 | 10573.39 | 0.00 | 44.29 | 19.03 | 208.85 | 29.57 | 33.77 | 29.54 |
| 4. | SEAMECLTD | 1635.40 | 16.19 | 4158.00 | 0.12 | 81.34 | 7.32 | 296.92 | 40.77 | 10.08 | 41.74 |
| 5. | DREDGECORP | 1187.80 | 88.58 | 3325.84 | 0.00 | 11.23 | 148.16 | 355.43 | 46.72 | 0.61 | 17.41 |
| 6. | SCILAL | 40.30 | 0.00 | 1877.17 | 1.36 | 14.02 | -2.23 | 7.86 | 37.65 | 1.31 | -13.74 |
| 7. | ESSARSHPNG | 15.84 | 3.60 | 327.85 | 0.00 | 230.41 | 742.14 | 0.04 | -97.63 | 0.00 | -7475.00 |
| 8. | GLOBOFFS | 50.02 | 0.00 | 153.91 | 0.00 | -2.87 | -51.27 | 11.79 | 177.29 | 4.19 | 35.10 |
| 9. | HRYNSHP | 99.55 | 14.88 | 61.39 | 0.00 | 4.42 | 546.41 | 0.00 | — | 3.20 | — |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,200 | 1,093 | 1,341 | 1,413 | 1,514 | 1,451 | 1,316 | 1,325 | 1,316 | 1,339 | 1,612 | 1,513 | 1,847 | |
| 837 | 858 | 924 | 1,005 | 1,005 | 918 | 958 | 961 | 827 | 932 | 934 | 901 | 1,283 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 27 | 69 | 22 | 98 | 44 | 40 | 35 | 75 | 146 | 97 | 57 | 147 | 110 |
| Interest | 35 | 56 | 40 | 40 | 40 | 43 | 64 | 39 | 31 | 47 | 48 | 47 | 37 |
| Depreciation | 197 | 200 | 251 | 241 | 220 | 234 | 255 | 243 | 250 | 256 | 271 | 287 | 282 |
| 157 | 48 | 148 | 224 | 294 | 296 | 73 | 158 | 355 | 201 | 415 | 424 | 628 | |
| Tax % | 6.31% | 16.53% | 11.21% | -30.52% | 2.32% | 2.36% | 11.27% | -8.71% | 3.41% | 12.39% | 5.29% | 2.59% | 1.43% |
| Net Profit | 172 | 657 | 0 | 0 | 291 | 291 | 76 | 185 | 354 | 189 | 405 | 405 | 619 |
| 4 | 1 | 3 | 7 | 6 | 6 | 2 | 4 | 8 | 4 | 9 | 9 | 1 | |
| Equity Capital | 466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 1,200
- 837
- Operating Profit
- —
- OPM %
- —
- Other Income
- 27
- Interest
- 35
- Depreciation
- 197
- 157
- Tax %
- 6.31%
- Net Profit
- 172
- 4
- Equity Capital
- 466
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 466
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 1,093
- 858
- Operating Profit
- —
- OPM %
- —
- Other Income
- 69
- Interest
- 56
- Depreciation
- 200
- 48
- Tax %
- 16.53%
- Net Profit
- 657
- 1
- Equity Capital
- 466
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 466
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 1,341
- 924
- Operating Profit
- —
- OPM %
- —
- Other Income
- 22
- Interest
- 40
- Depreciation
- 251
- 148
- Tax %
- 11.21%
- Net Profit
- 0
- 3
- Equity Capital
- 466
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 466
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 1,413
- 1,005
- Operating Profit
- —
- OPM %
- —
- Other Income
- 98
- Interest
- 40
- Depreciation
- 241
- 224
- Tax %
- -30.52%
- Net Profit
- 0
- 7
- Equity Capital
- 466
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 466
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 1,514
- 1,005
- Operating Profit
- —
- OPM %
- —
- Other Income
- 44
- Interest
- 40
- Depreciation
- 220
- 294
- Tax %
- 2.32%
- Net Profit
- 291
- 6
- Equity Capital
- 466
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 466
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 1,451
- 918
- Operating Profit
- —
- OPM %
- —
- Other Income
- 40
- Interest
- 43
- Depreciation
- 234
- 296
- Tax %
- 2.36%
- Net Profit
- 291
- 6
- Equity Capital
- 466
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 466
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 1,316
- 958
- Operating Profit
- —
- OPM %
- —
- Other Income
- 35
- Interest
- 64
- Depreciation
- 255
- 73
- Tax %
- 11.27%
- Net Profit
- 76
- 2
- Equity Capital
- 466
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 466
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 1,325
- 961
- Operating Profit
- —
- OPM %
- —
- Other Income
- 75
- Interest
- 39
- Depreciation
- 243
- 158
- Tax %
- -8.71%
- Net Profit
- 185
- 4
- Equity Capital
- 466
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 466
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 1,316
- 827
- Operating Profit
- —
- OPM %
- —
- Other Income
- 146
- Interest
- 31
- Depreciation
- 250
- 355
- Tax %
- 3.41%
- Net Profit
- 354
- 8
- Equity Capital
- 466
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 466
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 1,339
- 932
- Operating Profit
- —
- OPM %
- —
- Other Income
- 97
- Interest
- 47
- Depreciation
- 256
- 201
- Tax %
- 12.39%
- Net Profit
- 189
- 4
- Equity Capital
- 466
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 466
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 1,612
- 934
- Operating Profit
- —
- OPM %
- —
- Other Income
- 57
- Interest
- 48
- Depreciation
- 271
- 415
- Tax %
- 5.29%
- Net Profit
- 405
- 9
- Equity Capital
- 466
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 466
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 1,513
- 901
- Operating Profit
- —
- OPM %
- —
- Other Income
- 147
- Interest
- 47
- Depreciation
- 287
- 424
- Tax %
- 2.59%
- Net Profit
- 405
- 9
- Equity Capital
- 466
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 466
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 1,847
- 1,283
- Operating Profit
- —
- OPM %
- —
- Other Income
- 110
- Interest
- 37
- Depreciation
- 282
- 628
- Tax %
- 1.43%
- Net Profit
- 619
- 1
- Equity Capital
- 466
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 466
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 4,050 | 3,447 | 3,469 | 3,873 | 4,425 | 3,703 | 4,988 | 5,794 | 5,047 | 5,606 | 6,310 | |
| 2,706 | 2,678 | 2,798 | 3,160 | 3,283 | 2,545 | 3,457 | 4,237 | 3,624 | 3,842 | 4,051 | |
| Operating Profit | 1,526 | 925 | 820 | 945 | 1,385 | 1,370 | 1,629 | 1,670 | 1,638 | 1,960 | — |
| OPM % | 38 | 27 | 24 | 24 | 31 | 37 | 33 | 29 | 32 | 35 | — |
| Other Income | 183 | 156 | 149 | 232 | 243 | 212 | 99 | 113 | 216 | 196 | 411 |
| Interest | 195 | 174 | 180 | 362 | 367 | 108 | 161 | 185 | 171 | 187 | 180 |
| Depreciation | 542 | 566 | 610 | 658 | 671 | 628 | 635 | 753 | 889 | 951 | 1,096 |
| 818 | 226 | 82 | -16 | 382 | 713 | 904 | 803 | 645 | 852 | 1,668 | |
| Tax % | 4 | 19 | -273 | -304 | 12 | 2 | 5 | -8 | -5 | 1 | 4 |
| Net Profit | 782 | 182 | 306 | -63 | 336 | 696 | 861 | 870 | 679 | 844 | 1,602 |
| EPS | 17 | 4 | 7 | -1 | 7 | 15 | 18 | 19 | 15 | 18 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 10 | 2 | 2 | 2 | 3 | 36 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -29 |
| Adjusted EPS | 17 | 4 | 7 | -1 | 7 | 15 | 18 | 19 | 15 | 18 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -29 |
| Adjusted EPS | 17 | 4 | 7 | -1 | 7 | 15 | 18 | 19 | 15 | 18 | — |
Mar 2016
- 4,050
- 2,706
- Operating Profit
- 1,526
- OPM %
- 38
- Other Income
- 183
- Interest
- 195
- Depreciation
- 542
- 818
- Tax %
- 4
- Net Profit
- 782
- EPS
- 17
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 17
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 17
Mar 2017
- 3,447
- 2,678
- Operating Profit
- 925
- OPM %
- 27
- Other Income
- 156
- Interest
- 174
- Depreciation
- 566
- 226
- Tax %
- 19
- Net Profit
- 182
- EPS
- 4
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2018
- 3,469
- 2,798
- Operating Profit
- 820
- OPM %
- 24
- Other Income
- 149
- Interest
- 180
- Depreciation
- 610
- 82
- Tax %
- -273
- Net Profit
- 306
- EPS
- 7
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
Mar 2019
- 3,873
- 3,160
- Operating Profit
- 945
- OPM %
- 24
- Other Income
- 232
- Interest
- 362
- Depreciation
- 658
- -16
- Tax %
- -304
- Net Profit
- -63
- EPS
- -1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
Mar 2020
- 4,425
- 3,283
- Operating Profit
- 1,385
- OPM %
- 31
- Other Income
- 243
- Interest
- 367
- Depreciation
- 671
- 382
- Tax %
- 12
- Net Profit
- 336
- EPS
- 7
- Dividend Payout %
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
Mar 2021
- 3,703
- 2,545
- Operating Profit
- 1,370
- OPM %
- 37
- Other Income
- 212
- Interest
- 108
- Depreciation
- 628
- 713
- Tax %
- 2
- Net Profit
- 696
- EPS
- 15
- Dividend Payout %
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 15
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 15
Mar 2022
- 4,988
- 3,457
- Operating Profit
- 1,629
- OPM %
- 33
- Other Income
- 99
- Interest
- 161
- Depreciation
- 635
- 904
- Tax %
- 5
- Net Profit
- 861
- EPS
- 18
- Dividend Payout %
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 18
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 18
Mar 2023
- 5,794
- 4,237
- Operating Profit
- 1,670
- OPM %
- 29
- Other Income
- 113
- Interest
- 185
- Depreciation
- 753
- 803
- Tax %
- -8
- Net Profit
- 870
- EPS
- 19
- Dividend Payout %
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 19
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 19
Mar 2024
- 5,047
- 3,624
- Operating Profit
- 1,638
- OPM %
- 32
- Other Income
- 216
- Interest
- 171
- Depreciation
- 889
- 645
- Tax %
- -5
- Net Profit
- 679
- EPS
- 15
- Dividend Payout %
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 15
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 15
Mar 2025
- 5,606
- 3,842
- Operating Profit
- 1,960
- OPM %
- 35
- Other Income
- 196
- Interest
- 187
- Depreciation
- 951
- 852
- Tax %
- 1
- Net Profit
- 844
- EPS
- 18
- Dividend Payout %
- 36
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 18
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 18
TTM
- 6,310
- 4,051
- Operating Profit
- —
- OPM %
- —
- Other Income
- 411
- Interest
- 180
- Depreciation
- 1,096
- 1,668
- Tax %
- 4
- Net Profit
- 1,602
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- -29
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- -29
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 3%
- 5 Years:
- 5%
- 3 Years:
- 4%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 16%
- 5 Years:
- 20%
- 3 Years:
- -1%
STOCK PRICE CAGR
- 10 Years:
- 15%
- 5 Years:
- 25%
- 3 Years:
- 36%
- 1 Year:
- 36%
RETURN ON EQUITY
- 10 Years:
- 8%
- 5 Years:
- 11%
- 3 Years:
- 11%
- Last Year:
- 11%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 | 466 |
| 6,272 | 6,428 | 6,769 | 6,717 | 7,018 | 7,702 | 5,508 | 6,437 | 7,074 | 7,846 | |
| 1,289 | 2,415 | 2,279 | 2,543 | 3,064 | 671 | 701 | 566 | 269 | 0 | |
| Trade Payables | 1,099 | 1,152 | 984 | 1,273 | 956 | 833 | 1,236 | 1,393 | 1,335 | 808 |
| 5,605 | 4,088 | 4,009 | 3,357 | 2,416 | 3,732 | 2,947 | 2,582 | 2,956 | 2,581 | |
| Total Liabilities | 14,731 | 14,549 | 14,506 | 14,357 | 13,919 | 13,403 | 10,859 | 11,443 | 12,100 | 11,701 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 11,827 | 11,411 | 11,348 | 11,119 | 10,653 | 10,174 | 7,624 | 7,403 | 7,004 | 6,711 | |
| Capital Work in Progress | 0 | 27 | 8 | 8 | 3 | 33 | 58 | 34 | 42 | 4 |
| 80 | 136 | 269 | 279 | 298 | 354 | 476 | 611 | 657 | 826 | |
| 86 | 115 | 117 | 160 | 131 | 88 | 175 | 150 | 174 | 193 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,411 | 1,193 | |
| Cash & Bank | 1,285 | 1,376 | 1,111 | 998 | 938 | 1,036 | 386 | 554 | 1,314 | 581 |
| 1,453 | 1,484 | 1,654 | 1,793 | 1,895 | 1,718 | 2,140 | 2,692 | 1,497 | 2,192 | |
| Total Assets | 14,731 | 14,549 | 14,506 | 14,357 | 13,919 | 13,403 | 10,859 | 11,443 | 12,100 | 11,701 |
| Total Debt | 5,845 | 5,492 | 5,585 | 5,277 | 4,741 | 3,654 | 3,177 | 2,583 | 2,893 | 1,934 |
| Net Working Capital | -261 | -1,374 | -887 | -1,798 | -2,152 | -127 | -509 | -102 | 733 | 1,946 |
| Contingent Liabilities | 2,010 | 2,494 | 2,652 | 3,714 | 2,557 | 2,842 | 3,132 | 3,491 | 3,992 | 4,305 |
| Book Value per Share | 144.65 | 148.01 | 155.33 | 154.21 | 160.66 | 175.34 | 128.26 | 148.18 | 161.86 | 178.44 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 5,845 | 5,492 | 5,585 | 5,277 | 4,741 | 3,654 | 3,177 | 2,583 | 2,893 | 1,934 |
| Net Working Capital | -261 | -1,374 | -887 | -1,798 | -2,152 | -127 | -509 | -102 | 733 | 1,946 |
| Contingent Liabilities | 2,010 | 2,494 | 2,652 | 3,714 | 2,557 | 2,842 | 3,132 | 3,491 | 3,992 | 4,305 |
| Book Value per Share | 144.65 | 148.01 | 155.33 | 154.21 | 160.66 | 175.34 | 128.26 | 148.18 | 161.86 | 178.44 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2016
- Equity Capital
- 466
- 6,272
- 1,289
- Trade Payables
- 1,099
- 5,605
- Total Liabilities
- 14,731
- 11,827
- Capital Work in Progress
- 0
- 80
- 86
- 0
- Cash & Bank
- 1,285
- 1,453
- Total Assets
- 14,731
- Total Debt
- 5,845
- Net Working Capital
- -261
- Contingent Liabilities
- 2,010
- Book Value per Share
- 144.65
- Face Value
- 10.00
- Total Debt
- 5,845
- Net Working Capital
- -261
- Contingent Liabilities
- 2,010
- Book Value per Share
- 144.65
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 466
- 6,428
- 2,415
- Trade Payables
- 1,152
- 4,088
- Total Liabilities
- 14,549
- 11,411
- Capital Work in Progress
- 27
- 136
- 115
- 0
- Cash & Bank
- 1,376
- 1,484
- Total Assets
- 14,549
- Total Debt
- 5,492
- Net Working Capital
- -1,374
- Contingent Liabilities
- 2,494
- Book Value per Share
- 148.01
- Face Value
- 10.00
- Total Debt
- 5,492
- Net Working Capital
- -1,374
- Contingent Liabilities
- 2,494
- Book Value per Share
- 148.01
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 466
- 6,769
- 2,279
- Trade Payables
- 984
- 4,009
- Total Liabilities
- 14,506
- 11,348
- Capital Work in Progress
- 8
- 269
- 117
- 0
- Cash & Bank
- 1,111
- 1,654
- Total Assets
- 14,506
- Total Debt
- 5,585
- Net Working Capital
- -887
- Contingent Liabilities
- 2,652
- Book Value per Share
- 155.33
- Face Value
- 10.00
- Total Debt
- 5,585
- Net Working Capital
- -887
- Contingent Liabilities
- 2,652
- Book Value per Share
- 155.33
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 466
- 6,717
- 2,543
- Trade Payables
- 1,273
- 3,357
- Total Liabilities
- 14,357
- 11,119
- Capital Work in Progress
- 8
- 279
- 160
- 0
- Cash & Bank
- 998
- 1,793
- Total Assets
- 14,357
- Total Debt
- 5,277
- Net Working Capital
- -1,798
- Contingent Liabilities
- 3,714
- Book Value per Share
- 154.21
- Face Value
- 10.00
- Total Debt
- 5,277
- Net Working Capital
- -1,798
- Contingent Liabilities
- 3,714
- Book Value per Share
- 154.21
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 466
- 7,018
- 3,064
- Trade Payables
- 956
- 2,416
- Total Liabilities
- 13,919
- 10,653
- Capital Work in Progress
- 3
- 298
- 131
- 0
- Cash & Bank
- 938
- 1,895
- Total Assets
- 13,919
- Total Debt
- 4,741
- Net Working Capital
- -2,152
- Contingent Liabilities
- 2,557
- Book Value per Share
- 160.66
- Face Value
- 10.00
- Total Debt
- 4,741
- Net Working Capital
- -2,152
- Contingent Liabilities
- 2,557
- Book Value per Share
- 160.66
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 466
- 7,702
- 671
- Trade Payables
- 833
- 3,732
- Total Liabilities
- 13,403
- 10,174
- Capital Work in Progress
- 33
- 354
- 88
- 0
- Cash & Bank
- 1,036
- 1,718
- Total Assets
- 13,403
- Total Debt
- 3,654
- Net Working Capital
- -127
- Contingent Liabilities
- 2,842
- Book Value per Share
- 175.34
- Face Value
- 10.00
- Total Debt
- 3,654
- Net Working Capital
- -127
- Contingent Liabilities
- 2,842
- Book Value per Share
- 175.34
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 466
- 5,508
- 701
- Trade Payables
- 1,236
- 2,947
- Total Liabilities
- 10,859
- 7,624
- Capital Work in Progress
- 58
- 476
- 175
- 0
- Cash & Bank
- 386
- 2,140
- Total Assets
- 10,859
- Total Debt
- 3,177
- Net Working Capital
- -509
- Contingent Liabilities
- 3,132
- Book Value per Share
- 128.26
- Face Value
- 10.00
- Total Debt
- 3,177
- Net Working Capital
- -509
- Contingent Liabilities
- 3,132
- Book Value per Share
- 128.26
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 466
- 6,437
- 566
- Trade Payables
- 1,393
- 2,582
- Total Liabilities
- 11,443
- 7,403
- Capital Work in Progress
- 34
- 611
- 150
- 0
- Cash & Bank
- 554
- 2,692
- Total Assets
- 11,443
- Total Debt
- 2,583
- Net Working Capital
- -102
- Contingent Liabilities
- 3,491
- Book Value per Share
- 148.18
- Face Value
- 10.00
- Total Debt
- 2,583
- Net Working Capital
- -102
- Contingent Liabilities
- 3,491
- Book Value per Share
- 148.18
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 466
- 7,074
- 269
- Trade Payables
- 1,335
- 2,956
- Total Liabilities
- 12,100
- 7,004
- Capital Work in Progress
- 42
- 657
- 174
- 1,411
- Cash & Bank
- 1,314
- 1,497
- Total Assets
- 12,100
- Total Debt
- 2,893
- Net Working Capital
- 733
- Contingent Liabilities
- 3,992
- Book Value per Share
- 161.86
- Face Value
- 10.00
- Total Debt
- 2,893
- Net Working Capital
- 733
- Contingent Liabilities
- 3,992
- Book Value per Share
- 161.86
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 466
- 7,846
- 0
- Trade Payables
- 808
- 2,581
- Total Liabilities
- 11,701
- 6,711
- Capital Work in Progress
- 4
- 826
- 193
- 1,193
- Cash & Bank
- 581
- 2,192
- Total Assets
- 11,701
- Total Debt
- 1,934
- Net Working Capital
- 1,946
- Contingent Liabilities
- 4,305
- Book Value per Share
- 178.44
- Face Value
- 10.00
- Total Debt
- 1,934
- Net Working Capital
- 1,946
- Contingent Liabilities
- 4,305
- Book Value per Share
- 178.44
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1,490 | 683 | 228 | 712 | 945 | 1,340 | 1,440 | 1,465 | 994 | 850 | |
| Cash from Investing | -11 | -86 | -471 | 12 | 319 | -206 | -730 | -519 | -559 | -316 |
| Cash from Financing | -1,095 | -522 | -87 | -866 | -1,120 | -1,154 | -653 | -930 | 103 | -1,236 |
| 384 | 74 | -330 | -141 | 144 | -21 | 57 | 16 | 538 | -702 | |
| Free Cash Flow | 1,490 | 561 | 207 | 712 | 945 | 1,164 | 1,440 | 1,317 | 994 | 457 |
| OCF / Net Profit | 1.91 | 3.74 | 0.75 | -11.37 | 2.81 | 1.93 | 1.67 | 1.68 | 1.46 | 1.01 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 3,915 | 3,589 | 4,469 | 5,578 | 5,860 | 5,372 |
| OCF / Net Profit | 1.91 | 3.74 | 0.75 | -11.37 | 2.81 | 1.93 | 1.67 | 1.68 | 1.46 | 1.01 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 3,915 | 3,589 | 4,469 | 5,578 | 5,860 | 5,372 |
Mar 2016
- 1,490
- Cash from Investing
- -11
- Cash from Financing
- -1,095
- 384
- Free Cash Flow
- 1,490
- OCF / Net Profit
- 1.91
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.91
- Cumulative 5-Year FCF
- 0
Mar 2017
- 683
- Cash from Investing
- -86
- Cash from Financing
- -522
- 74
- Free Cash Flow
- 561
- OCF / Net Profit
- 3.74
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 3.74
- Cumulative 5-Year FCF
- 0
Mar 2018
- 228
- Cash from Investing
- -471
- Cash from Financing
- -87
- -330
- Free Cash Flow
- 207
- OCF / Net Profit
- 0.75
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.75
- Cumulative 5-Year FCF
- 0
Mar 2019
- 712
- Cash from Investing
- 12
- Cash from Financing
- -866
- -141
- Free Cash Flow
- 712
- OCF / Net Profit
- -11.37
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -11.37
- Cumulative 5-Year FCF
- 0
Mar 2020
- 945
- Cash from Investing
- 319
- Cash from Financing
- -1,120
- 144
- Free Cash Flow
- 945
- OCF / Net Profit
- 2.81
- Cumulative 5-Year FCF
- 3,915
- OCF / Net Profit
- 2.81
- Cumulative 5-Year FCF
- 3,915
Mar 2021
- 1,340
- Cash from Investing
- -206
- Cash from Financing
- -1,154
- -21
- Free Cash Flow
- 1,164
- OCF / Net Profit
- 1.93
- Cumulative 5-Year FCF
- 3,589
- OCF / Net Profit
- 1.93
- Cumulative 5-Year FCF
- 3,589
Mar 2022
- 1,440
- Cash from Investing
- -730
- Cash from Financing
- -653
- 57
- Free Cash Flow
- 1,440
- OCF / Net Profit
- 1.67
- Cumulative 5-Year FCF
- 4,469
- OCF / Net Profit
- 1.67
- Cumulative 5-Year FCF
- 4,469
Mar 2023
- 1,465
- Cash from Investing
- -519
- Cash from Financing
- -930
- 16
- Free Cash Flow
- 1,317
- OCF / Net Profit
- 1.68
- Cumulative 5-Year FCF
- 5,578
- OCF / Net Profit
- 1.68
- Cumulative 5-Year FCF
- 5,578
Mar 2024
- 994
- Cash from Investing
- -559
- Cash from Financing
- 103
- 538
- Free Cash Flow
- 994
- OCF / Net Profit
- 1.46
- Cumulative 5-Year FCF
- 5,860
- OCF / Net Profit
- 1.46
- Cumulative 5-Year FCF
- 5,860
Mar 2025
- 850
- Cash from Investing
- -316
- Cash from Financing
- -1,236
- -702
- Free Cash Flow
- 457
- OCF / Net Profit
- 1.01
- Cumulative 5-Year FCF
- 5,372
- OCF / Net Profit
- 1.01
- Cumulative 5-Year FCF
- 5,372
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 16.78 | 3.92 | 6.58 | -1.35 | 7.22 | 14.94 | 18.47 | 18.68 | 14.58 | 18.11 |
| Book Value (₹) | 144.65 | 148.01 | 155.33 | 154.21 | 160.66 | 175.34 | 128.26 | 148.18 | 161.86 | 178.44 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.75 | 0.25 | 0.33 | 0.44 | 0.50 | 6.59 |
| Cash EPS (₹) | 28.42 | 16.07 | 19.68 | 12.79 | 21.63 | 28.42 | 32.11 | 34.85 | 33.67 | 38.53 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 37.69% | 26.84% | 23.63% | 24.41% | 31.31% | 37.00% | 32.66% | 28.83% | 28.19% | 31.46% |
| Net Margin % | 19.30% | 5.29% | 8.83% | -1.62% | 7.60% | 18.80% | 17.25% | 15.02% | 13.45% | 15.05% |
| ROE % | 11.79% | 2.68% | 4.34% | -0.87% | 4.59% | 8.90% | 12.17% | 13.52% | 9.40% | 10.64% |
| ROCE % | 7.54% | 3.20% | 2.08% | 2.74% | 6.06% | 6.82% | 10.16% | 10.60% | 8.20% | 10.05% |
| 5.11% | 1.25% | 2.11% | -0.43% | 2.38% | 5.10% | 7.09% | 7.80% | 5.77% | 7.09% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 67 | 71 | 70 | 59 | 50 | 61 | 46 | 52 | 88 | 85 |
| Inventory Days | 8 | 11 | 12 | 13 | 12 | 11 | 10 | 10 | 12 | 12 |
| Payable Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 75 | 82 | 82 | 72 | 62 | 72 | 56 | 62 | 100 | 97 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.87x | 0.80x | 0.77x | 0.73x | 0.63x | 0.45x | 0.53x | 0.37x | 0.38x | 0.23x |
| Interest Coverage (x) | 5.20x | 2.30x | 1.46x | 0.96x | 2.04x | 7.62x | 6.62x | 5.34x | 4.77x | 5.55x |
| 0.91x | 0.67x | 0.75x | 0.60x | 0.53x | 0.95x | 0.81x | 0.96x | 1.25x | 2.19x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -6.06% | -14.88% | 0.64% | 11.63% | 14.27% | -16.32% | 34.69% | 16.16% | -12.90% | 11.08% |
| Operating Profit Growth % | 16.48% | -39.38% | -11.40% | 15.30% | 46.56% | -1.11% | 18.91% | 2.53% | -1.93% | 19.64% |
| Net Profit Growth % | 300.83% | -76.67% | 68.06% | -120.44% | 636.99% | 106.87% | 23.62% | 1.12% | -21.97% | 24.24% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -21.97% | 24.24% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 14.32x | 9.12x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.29x | 0.93x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.24% | 3.99% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 6.90x | 4.62x |
Mar 2016
- EPS (₹)
- 16.78
- Book Value (₹)
- 144.65
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 28.42
- Operating Margin %
- 37.69%
- Net Margin %
- 19.30%
- ROE %
- 11.79%
- ROCE %
- 7.54%
- 5.11%
- Debtor Days
- 67
- Inventory Days
- 8
- Payable Days
- 0
- 75
- Debt to Equity (x)
- 0.87x
- Interest Coverage (x)
- 5.20x
- 0.91x
- Revenue Growth %
- -6.06%
- Operating Profit Growth %
- 16.48%
- Net Profit Growth %
- 300.83%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 3.92
- Book Value (₹)
- 148.01
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 16.07
- Operating Margin %
- 26.84%
- Net Margin %
- 5.29%
- ROE %
- 2.68%
- ROCE %
- 3.20%
- 1.25%
- Debtor Days
- 71
- Inventory Days
- 11
- Payable Days
- 0
- 82
- Debt to Equity (x)
- 0.80x
- Interest Coverage (x)
- 2.30x
- 0.67x
- Revenue Growth %
- -14.88%
- Operating Profit Growth %
- -39.38%
- Net Profit Growth %
- -76.67%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 6.58
- Book Value (₹)
- 155.33
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 19.68
- Operating Margin %
- 23.63%
- Net Margin %
- 8.83%
- ROE %
- 4.34%
- ROCE %
- 2.08%
- 2.11%
- Debtor Days
- 70
- Inventory Days
- 12
- Payable Days
- 0
- 82
- Debt to Equity (x)
- 0.77x
- Interest Coverage (x)
- 1.46x
- 0.75x
- Revenue Growth %
- 0.64%
- Operating Profit Growth %
- -11.40%
- Net Profit Growth %
- 68.06%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- -1.35
- Book Value (₹)
- 154.21
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 12.79
- Operating Margin %
- 24.41%
- Net Margin %
- -1.62%
- ROE %
- -0.87%
- ROCE %
- 2.74%
- -0.43%
- Debtor Days
- 59
- Inventory Days
- 13
- Payable Days
- 0
- 72
- Debt to Equity (x)
- 0.73x
- Interest Coverage (x)
- 0.96x
- 0.60x
- Revenue Growth %
- 11.63%
- Operating Profit Growth %
- 15.30%
- Net Profit Growth %
- -120.44%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 7.22
- Book Value (₹)
- 160.66
- Dividend per Share (₹)
- 0.75
- Cash EPS (₹)
- 21.63
- Operating Margin %
- 31.31%
- Net Margin %
- 7.60%
- ROE %
- 4.59%
- ROCE %
- 6.06%
- 2.38%
- Debtor Days
- 50
- Inventory Days
- 12
- Payable Days
- 0
- 62
- Debt to Equity (x)
- 0.63x
- Interest Coverage (x)
- 2.04x
- 0.53x
- Revenue Growth %
- 14.27%
- Operating Profit Growth %
- 46.56%
- Net Profit Growth %
- 636.99%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 14.94
- Book Value (₹)
- 175.34
- Dividend per Share (₹)
- 0.25
- Cash EPS (₹)
- 28.42
- Operating Margin %
- 37.00%
- Net Margin %
- 18.80%
- ROE %
- 8.90%
- ROCE %
- 6.82%
- 5.10%
- Debtor Days
- 61
- Inventory Days
- 11
- Payable Days
- 0
- 72
- Debt to Equity (x)
- 0.45x
- Interest Coverage (x)
- 7.62x
- 0.95x
- Revenue Growth %
- -16.32%
- Operating Profit Growth %
- -1.11%
- Net Profit Growth %
- 106.87%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 18.47
- Book Value (₹)
- 128.26
- Dividend per Share (₹)
- 0.33
- Cash EPS (₹)
- 32.11
- Operating Margin %
- 32.66%
- Net Margin %
- 17.25%
- ROE %
- 12.17%
- ROCE %
- 10.16%
- 7.09%
- Debtor Days
- 46
- Inventory Days
- 10
- Payable Days
- 0
- 56
- Debt to Equity (x)
- 0.53x
- Interest Coverage (x)
- 6.62x
- 0.81x
- Revenue Growth %
- 34.69%
- Operating Profit Growth %
- 18.91%
- Net Profit Growth %
- 23.62%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 18.68
- Book Value (₹)
- 148.18
- Dividend per Share (₹)
- 0.44
- Cash EPS (₹)
- 34.85
- Operating Margin %
- 28.83%
- Net Margin %
- 15.02%
- ROE %
- 13.52%
- ROCE %
- 10.60%
- 7.80%
- Debtor Days
- 52
- Inventory Days
- 10
- Payable Days
- 0
- 62
- Debt to Equity (x)
- 0.37x
- Interest Coverage (x)
- 5.34x
- 0.96x
- Revenue Growth %
- 16.16%
- Operating Profit Growth %
- 2.53%
- Net Profit Growth %
- 1.12%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 14.58
- Book Value (₹)
- 161.86
- Dividend per Share (₹)
- 0.50
- Cash EPS (₹)
- 33.67
- Operating Margin %
- 28.19%
- Net Margin %
- 13.45%
- ROE %
- 9.40%
- ROCE %
- 8.20%
- 5.77%
- Debtor Days
- 88
- Inventory Days
- 12
- Payable Days
- 0
- 100
- Debt to Equity (x)
- 0.38x
- Interest Coverage (x)
- 4.77x
- 1.25x
- Revenue Growth %
- -12.90%
- Operating Profit Growth %
- -1.93%
- Net Profit Growth %
- -21.97%
- -21.97%
- P/E (x)
- 14.32x
- P/B (x)
- 1.29x
- Dividend Yield %
- 0.24%
- 6.90x
Mar 2025
- EPS (₹)
- 18.11
- Book Value (₹)
- 178.44
- Dividend per Share (₹)
- 6.59
- Cash EPS (₹)
- 38.53
- Operating Margin %
- 31.46%
- Net Margin %
- 15.05%
- ROE %
- 10.64%
- ROCE %
- 10.05%
- 7.09%
- Debtor Days
- 85
- Inventory Days
- 12
- Payable Days
- 0
- 97
- Debt to Equity (x)
- 0.23x
- Interest Coverage (x)
- 5.55x
- 2.19x
- Revenue Growth %
- 11.08%
- Operating Profit Growth %
- 19.64%
- Net Profit Growth %
- 24.24%
- 24.24%
- P/E (x)
- 9.12x
- P/B (x)
- 0.93x
- Dividend Yield %
- 3.99%
- 4.62x
Documents
Announcements
- Appointment
2026-08-20 - Shipping Corporation Of India Limited has informed the Exchange regarding Appointment of Mrs Bharati Raman Gotarna as Non- Executive Independent Director of the company w.e.f. August 19, 2026.
- Change in Director(s)
2026-08-19 - Shipping Corporation Of India Limited has informed the Exchange regarding Change in Director(s) of the company.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
May 2026
Nov 2025