Shipping Corp of India LT
NSE: SCI · Shipping · sector
₹246.90NSE close 2026-10-26
Key numbers
Market cap₹11,501 cr
Price₹246.90
52w high / low₹369 / ₹196
P/E7.1xSector median 9.9x
P/B1.3xSector median 1.5x
Book value₹195.3
Dividend yield5.29%Sector median 1.38%
ROE18.6%Sector median 9.5%
ROCE16.4%Sector median 9.7%
OPM40.9%Sector median 38.7%
Debt / equity0.27xSector median 0.31x
EV/EBITDA5.2xSector median 9.3x
Interest cover10.5x
Current ratio2.23x
Sales growth 3y-0.1%Sector median -0.9%
Profit growth 3y+15.8%Sector median +15.8%
PEG0.45x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 10 companies in Shipping (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹435 cr vs borrowings ₹2,477 cr (FY26): borrowings are higher by ₹2,042 cr.
- Operating profit covered interest 10.5x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 1 of the last 5 years (FY26).
- Revenue was higher than a year earlier in 3 of the last 4 quarters.
- Other income was 25% of net profit in the last 12 months.
- Debtor days went from 102 (FY24) to 75 (FY26).
- Dividend paid in 5 of the last 5 financial years.
- Price ₹246.90 on 2026-10-26: -33.0% from the 52-week high, +26.3% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹344.70 · low ₹143.66
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,451 | 1,316 | 1,325 | 1,316 | 1,339 | 1,612 | 1,513 | 1,847 |
| EBITDA | 533 | 357 | 365 | 489 | 406 | 678 | 612 | 882 |
| OPM % | 36.7% | 27.2% | 27.5% | 37.2% | 30.4% | 42.1% | 40.4% | 47.8% |
| Other income | 40 | 35 | 75 | 146 | 97 | 57 | 147 | 110 |
| Net profit | 291 | 76 | 185 | 354 | 189 | 405 | 405 | 619 |
| EPS (₹) | 6.26 | 1.62 | 3.97 | 7.60 | 4.06 | 8.69 | 8.69 | 13.30 |
| Revenue YoY | -7.7% | +22.5% | +14.2% | +40.3% | ||||
| Profit YoY | -35.1% | +436.2% | +118.5% | +74.9% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 4,995 | 5,794 | 5,047 | 5,606 | 5,780 | 6,310 |
| EBITDA | 1,526 | 1,556 | 1,423 | 1,764 | 2,185 | 2,579 |
| Net profit | 865 | 870 | 679 | 844 | 1,353 | 1,618 |
| EPS (₹) | 18.57 | 18.68 | 14.58 | 18.11 | 29.05 | 34.74 |
| Revenue growth | +16.0% | -12.9% | +11.1% | +3.1% | +16.7% | |
| Profit growth | +0.6% | -22.0% | +24.2% | +60.4% | +78.5% | |
| Dividend / share (₹) | 0.25 | 0.33 | 0.44 | 0.50 | 13.09 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -0.1% | +9.3% | +16.7% |
| Net profit | +15.8% | +14.2% | +78.5% |
| EPS | +15.9% | +14.2% | – |
| Share price | – | +6.1% (2y) | +12.3% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 6,902 | 7,540 | 8,312 | 9,096 |
| Borrowings | – | 2,583 | 2,893 | 1,934 | 2,477 |
| Cash & equivalents | – | 554 | 1,314 | 757 | 435 |
| Total assets | – | 11,443 | 12,100 | 11,701 | 13,318 |
| Fixed assets | – | 7,403 | 7,003 | 6,711 | 7,198 |
| Capital work in progress | – | 34 | 42 | 4 | 5 |
| Investments | – | 4 | 0 | 0 | 0 |
| Receivables | – | 1,018 | 1,411 | 1,193 | 1,192 |
| Inventory | – | 150 | 174 | 193 | 274 |
| Payables | – | 1,395 | 1,335 | 808 | 1,211 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 1,644 | 1,465 | 994 | 850 | 1,343 |
| Cash from investing | -1,080 | -519 | -559 | -316 | -858 |
| Cash from financing | -653 | -930 | 103 | -1,236 | -518 |
| Capex | 492 | 476 | 512 | 292 | 1,550 |
| Free cash flow | 1,151 | 990 | 482 | 558 | -207 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 12.6% | 9.0% | 10.1% | 14.9% |
| ROCE % | – | 9.7% | 7.2% | 9.8% | 13.6% |
| Debtor days | – | 64 | 102 | 78 | 75 |
| Inventory days | – | 9 | 13 | 13 | 17 |
| Payable days | – | 88 | 97 | 53 | 76 |
| Cash conversion cycle (days) | – | -15 | 18 | 38 | 16 |
| Working capital days | – | -6 | 53 | 127 | 168 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 63.75% |
| FIIs | 9.58% |
| DIIs | 1.44% |
| of which Mutual funds | 0.59% |
| of which Insurance | 0.76% |
| Government | 0.00% |
| Public (non-institutions) | 25.23% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 63.75% | 63.75% | 63.75% | 63.75% | 63.75% | 63.75% | 63.75% | 63.75% |
| Promoter group | % |
|---|---|
| President Of India | 63.75% |
3,82,249 shareholders. Pledged: 0.00% of promoter shares.
Peers in Shipping
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| GESHIP | ₹21,878 cr | 5.8x | 1.3x | 24.0% | 22.0% | 61.9% | -1.7% | 1.88% |
| SHREEJISPG | ₹13,221 cr | 81.4x | 17.2x | 20.8% | 21.5% | 28.4% | – | 0.12% |
| SCI | ₹11,501 cr | 7.1x | 1.3x | 18.6% | 16.4% | 40.9% | -0.1% | 5.29% |
| SEAMECLTD | ₹4,006 cr | 15.6x | 3.1x | 22.2% | 18.5% | 41.1% | +29.6% | – |
| TRANSWORLD | ₹373 cr | – | 0.6x | -4.7% | -0.7% | -5.3% | +4.3% | 0.88% |
| ESSARSHPNG | ₹304 cr | 3.6x | – | – | – | 2,40,183.0% | -69.2% | – |
| GARWAOFFS | ₹108 cr | 9.9x | 0.9x | -8.5% | -2.1% | 36.5% | +6.5% | – |
| CHOWGULSTM | ₹76 cr | 39.1x | 1.7x | 0.5% | 3.0% | -34.1% | – | – |
| DATIWARE | ₹18 cr | 58.5x | – | – | – | 43.7% | -24.7% | – |
| SHAHISHIP | ₹15 cr | 6.5x | 31.1x | -162.5% | -20.4% | -23.3% | -16.0% | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Tanker | ₹3,942 cr | 66.7% | ₹1,190 cr | 30.2% |
| Bulk Carrier | ₹789 cr | 13.4% | ₹-19 cr | -2.4% |
| Liner | ₹784 cr | 13.3% | ₹75 cr | 9.5% |
| Technical & Offshore | ₹298 cr | 5.0% | ₹35 cr | 11.8% |
| Unallocated Revenue | ₹95 cr | 1.6% | ₹0 cr | 0.0% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-04 | Dividend | Dividend - Re 1 Per Share |
| 2026-02-17 | Dividend | Interim Dividend - Rs 3.50 Per Share |
| 2025-11-19 | Dividend | Interim Dividend - Rs 3 Per Share |
| 2025-09-04 | Dividend | Dividend - Rs 6.59 Per Share |
| 2024-09-06 | Other | Annual General Meeting |
| 2024-09-06 | Dividend | Dividend - Re 0.50 Per Share |
| 2023-09-01 | Dividend | Annual General Meeting/Dividend - Re 0.44 Per Share |
| 2023-03-31 | Restructuring | Demerger |
| 2022-09-22 | Dividend | Annual General Meeting/Dividend - Re 0.33 Per Share |
| 2021-08-17 | Dividend | Annual General Meeting/Dividend - Rs 0.25 Per Share |
| 2020-09-09 | Dividend | Annual General Meeting/Dividend - Rs 0.75 Per Share |
| 2019-09-16 | Other | Annual General Meeting |
| 2018-09-18 | Other | Annual General Meeting |
| 2017-09-20 | Other | Annual General Meeting |
| 2016-09-16 | Other | Annual General Meeting |
| 2015-09-14 | Other | Annual General Meeting |
| 2014-09-15 | Other | Annual General Meeting |
| 2013-09-13 | Other | Annual General Meeting |
| 2012-09-13 | Other | Annual General Meeting |
| 2011-09-14 | Dividend | Annual General Meeting And Dividend Rs.2.50 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Transport & Storage: Water Transport
| Sector | Services |
| Industry | Shipping |
| Sub-industry | Shipping |
| Symbol | SCI |
| BSE code | 523598 |
| ISIN | INE109A01011 |
| Face value | ₹10.0 |
| Incorporated | 1950-03-24 |
| Website | www.shipindia.com |
| Plants (India / abroad) | 0 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.