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Shipping Corporation of India Ltd Share Price

Shipping - Large

NSE: SCI Small Cap ISIN: INE109A01011
As on 31 January 2025 at 14:19 IST
As on 31 January 2025 at 14:19 IST
193.46
+ 2.65
(1.39%)
About Shipping Corporation of India Ltd

Shipping Corporation of India Ltd. (SCI) stands as a pivotal maritime powerhouse. It has embodied India’s maritime legacy since its inception on October 2, 1961. Born from the strategic merger of Eastern and Western Shipping Corporations, SCI has emerged as a cornerstone of India’s maritime infrastructure. Headquartered in the bustling maritime hub of Mumbai, Maharashtra, the company is a public sector undertaking stock. SCI operates under the administrative umbrella of the Ministry of Ports, Shipping, and Waterways. The company’s extensive maritime portfolio encompasses a diverse range of vessels and shipping services. Read More...

Over 1 Month
-6.81%
Over 6 Months
-33.32%
Over 1 Year
-8.13%
Over 3 Years
100.62%

Shipping Corporation of India Ltd Summary

Close ₹ 193.46
Open ₹ 192.10
High ₹ 200.95
Low ₹ 190.91
Volume 20,25,946
Net Turnover (in ₹ Cr) ₹ 17.36
52Wk High ₹ 384.20
52Wk Low ₹ 177.80
52Wk High / Low
177.80
384.20

Shipping Corporation of India Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 8,887.93
EPS (TTM) 21.49
Book Value (BV) 161.28
Div. Yield 0.26 %
P/E (TTM) 8.89
Price/Book Value 1.18
Delivery % 32.22 %
Face Value 10

Key Ratios

PE Ratio 15.89
PB Ratio 1.40
EV to Sales 2.24
PEG Ratio -0.68
ROA 6.16
ROE 9.18
Debt-Equity 0.41
Net Profit Margin 12.13
Operating Profit Margin 32.48

Shipping Corporation of India Ltd Financials

Profit and Loss

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Total Revenue5,262.065,907.215,086.633,828.854,668.39
Total Expenses4,684.555,174.914,253.503,194.334,320.89
Profit Before Tax645.30803.02904.45712.76381.64
Profit After Tax678.97870.16860.54696.09336.48
Operating Profit after Depreciation748.82916.49990.83655.63711.63

Balance Sheet

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Fixed Assets7,003.797,403.367,624.0610,174.3810,653.13
Total Non Current Assets8,451.048,752.618,721.5511,100.2711,477.55
Total Current Assets3,648.862,690.372,137.162,302.392,441.05
TOTAL ASSETS12,099.9011,442.9810,858.7113,402.6613,918.60
Total Shareholder's Fund7,539.506,902.335,974.188,167.537,483.66

Cash Flow

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Net Cash from Operating Activities994.061,465.431,440.251,340.22944.72
Net Cash used in Investing Activities-573.09-501.10-729.29-205.80324.37
Net Cash used in Financing Activities103.20-929.94-652.67-1,154.43-1,119.69

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Total Revenue5,261.565,906.655,086.253,828.814,668.39
Total Expenses4,683.085,173.674,252.233,194.044,320.88
Profit Before Tax578.48732.98834.02634.77347.51
Profit After Tax612.15800.12790.11618.10302.35
Operating Profit after Depreciation749.79917.17991.72655.88711.64

Balance Sheet

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Fixed Assets7,003.797,403.367,624.0610,174.3810,653.13
Total Non Current Assets7,875.788,222.268,324.6510,835.4611,292.02
Total Current Assets3,647.632,689.472,136.372,301.472,441.10
TOTAL ASSETS11,523.4110,911.7310,461.0213,136.9313,733.12
Total Shareholder's Fund6,963.626,371.445,576.977,902.027,298.18

Cash Flow

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Net Cash from Operating Activities995.181,466.191,441.401,340.52944.72
Net Cash used in Investing Activities-574.16-502-729.79-206.85324.37
Net Cash used in Financing Activities103.19-929.94-652.67-1,154.43-1,119.69

Particulars (in ₹ Cr.) 2024-09 2024-06 2024-03 2023-12 2023-09
Total Revenue1,450.761,514.271,412.541,340.681,093.20
Total Expenses918.131,004.621,005.41923.76857.53
Profit Before Tax298.42298.30239.05150.9973.73
Profit After Tax291.44291.48307.28134.3565.73
Operating Profit after Depreciation575.40558.40520.18441.79329.69

Particulars (in ₹ Cr.) 2024-09 2024-06 2024-03 2023-12 2023-09
Total Revenue1,450.631,514.071,412.341,340.531,093.06
Total Expenses916.551,004.211,004.98923.37857.11
Profit Before Tax297.20293.74223.76148.6948.69
Profit After Tax290.22286.92291.99132.0540.69
Operating Profit after Depreciation574.16553.84504.89439.49304.64

Shipping Corporation of India Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3
S1 188.26
S2 185.71
S3 182.20
Pivot 191.77
R1 194.32
R2 197.83
R3 200.38

Moving Average

20 SMA 198.36
50 SMA 213.90
100 SMA 224.59
200 SMA 240.98

Shipping Corporation of India Ltd Corporate Actions

Shipping Corporation of India Ltd

₹0.5/Share

Announcement Date 06 Sep 2024
Record Date 06 Sep 2024
Div Yield 5%

Shipping Corporation of India Ltd Peer Comparison

Company Price Market Cap (in ₹ Cr)
Shipping Corporation of India Ltd ₹190.95 ₹8,894.45
Great Eastern Shipping Company Ltd ₹947.55 ₹13,527.90
Transworld Shipping Lines Ltd ₹325.50 ₹714.80
Essar Shipping Ltd ₹32.34 ₹669.36
ABS Marine Services Ltd ₹155 ₹380.53
Global Offshore Services Ltd ₹99.80 ₹262.39

Shipping Corporation of India Ltd News

Shipping Corporation of India to hold board meeting

On 7 February 2025

28 Jan 2025, 02:18 pm

Shipping Corp jumps after Q2 PAT soars to Rs 291 cr

Shipping Corporation of India (SCI) rallied 8.15% to Rs 229.70 after the company's consolidated net profit surged 343.39% to Rs 291.44 crore on 32.71% increase in revenue from operations to Rs 1450.76 crore in Q2 FY25 over Q2 FY24.

11 Nov 2024, 09:33 am

Shipping Corporation of India to convene board meeting

On 8 November 2024

24 Oct 2024, 10:49 am

Shipping Corporation of India schedules AGM

On 18 September 2024

20 Aug 2024, 04:28 pm

Shipping Corp spurts as PAT soars 70% YoY to Rs 291 crore in Q1

Shipping Corporation of India soared 8.33% to Rs 278.80 after the company's consolidated net profit grew 69.85% to Rs 291.48 crore in Q1 FY25 as against Rs 171.61 crore posted in Q1 FY24.

12 Aug 2024, 01:17 pm

Shipping Corporation of India Ltd Stock Analysis

  1. Annual revenue for Shipping Corporation of India Ltd decreased by 10.92% to ₹5,261.56 crore in FY 2024 from ₹5,906.65 crore in FY 2023.
  2. Annual Net Profit for Shipping Corporation of India Ltd decreased by 23.49% to ₹612.15 crore in FY 2024 from ₹800.12 crore in FY 2023.
  3. Promoter Shareholding in Shipping Corporation of India Ltd remains unchanged by 0.00% in the most recent quarter, from 63.75% in September 2024 to 63.75% in December 2024.
  4. Shipping Corporation of India Ltd delivered a 1-year return of -8.13% compared to the Nifty 50, which provided a return of 8.03% as of the last trading session.
  5. Shipping Corporation of India Ltd share price moved up by 1.39% from its previous close of INR ₹190.81. The latest Shipping Corporation of India Ltd share price is INR ₹193.46.
  6. Shipping Corporation of India Ltd share price today has been at a low of 190.91 and a high of 200.95. Over the past 52 weeks, the Shipping Corporation of India Ltd share price has seen a low of 177.80 and a high of 384.20.

About Shipping Corporation of India Ltd

Shipping Corporation of India Ltd. (SCI) stands as a pivotal maritime powerhouse. It is the embodiment of India’s maritime legacy since it was founded on October 2, 1961. Born from the strategic merger of Eastern and Western Shipping Corporations, SCI has emerged as a cornerstone of India’s maritime infrastructure.

Headquartered in the bustling maritime hub of Mumbai, Maharashtra, SCI is a public sector undertaking stock. The company operates under the administrative umbrella of the Ministry of Ports, Shipping and Waterways. The Government of India is the primary stakeholder of the Shipping Corporation of India Ltd., holding 63.75% of the total equity.

The company’s extensive maritime portfolio encompasses a diverse range of vessels and shipping services. This positions it as a comprehensive maritime solutions provider. The fleet represents a remarkable spectrum of maritime capabilities, including bulk carriers, product tankers, container vessels, passenger-cum-cargo vessels, LPG carriers, and offshore supply vessels. This versatile approach enables SCI to serve multiple maritime segments, from commercial shipping to specialized transportation needs.

SCI may not claim the largest market share in the global shipping landscape. However, it holds a prominent position as one of India’s largest shipping companies in terms of Indian-flagged tonnage. The substantial government backing ensures financial stability and strategic support, allowing the corporation to navigate complex maritime challenges effectively.

SCI is guided by an experienced management team committed to driving operational excellence and technological innovation. B K Tyagi is the Chairman & Managing Director, while C I Acharya holds the position of Whole Time Director. Apart from them, there are other managerial promoters, they are -
  • Vikram Dingley
  • Atul Ubale
  • M S Saini

 The company’s vision extends beyond traditional shipping. The company focuses on sustainable maritime solutions. It has also adapted to evolving global trade dynamics.

The registered office of the Shipping Corporation of India is located at Madame Cama Road, Mumbai. Meanwhile, the registrars are based near the Jhandewalan Extension, New Delhi. SCI’s journey represents more than a shipping enterprise; it embodies India’s maritime ambitions. The company has also connected domestic and international markets through a robust, technologically advanced fleet. As a result, SCI is playing a key role in the nation’s economic narrative by bridging geographical boundaries and supporting global trade.

The Shipping Corporation of India’s Journey in Global Maritime Trade

The Shipping Corporation of India Ltd. (SCI) has been a cornerstone in the Indian maritime industry ever since it was founded. Established by merging Eastern Shipping Corporation and Western Shipping Corporation, SCI has grown to become one of the largest shipping companies in India. Headquartered in Mumbai, Maharashtra, the company plays a pivotal role in global maritime trade. It offers a diverse range of services, including bulk carrier operations, container vessels, and offshore supply vessels.

SCI started its journey with a modest fleet of ships, focusing primarily on bulk cargo and liner services. Over the years, the company expanded its fleet and diversified its operations to include different types of vessels, such as oil tankers and specialized vessels. This diversification allowed SCI to tap into various segments of the maritime industry. As a result, it ensured steady growth and expansion.

In the 1970s and 1980s, SCI embarked on a series of strategic developments to strengthen its position in the global maritime trade. The company invested in modernizing its fleet and acquiring new vessels equipped with advanced technology. These investments enabled SCI to enhance its operational efficiency. It also allowed the company to meet the growing demands of international trade. Additionally, SCI established strong partnerships with global shipping lines, further expanding its reach and capabilities.

SCI offers a wide range of services to meet the diverse needs of its clients. The fleet includes bulk carriers, container vessels, passenger-cum-cargo vessels, and offshore supply vessels. This diverse fleet allows SCI to cater to various cargo requirements, from transporting bulk commodities to handling specialized cargo.

Apart from its international operations, SCI plays a crucial role in promoting inland and coastal shipping in India. The company operates several coastal vessels that facilitate domestic trade along India’s extensive coastline. This is how SCI helps reduce the burden on road and rail transport. As a result, it has contributed to more efficient and sustainable logistics solutions.

Sustainability is a core focus of SCI’s operations. The company has implemented several initiatives to reduce its environmental impact. These include the adoption of energy-efficient technologies and the implementation of ballast water management systems to prevent marine pollution. SCI’s commitment to sustainability aligns with global efforts to create a greener and more sustainable maritime industry.

Looking ahead, SCI aims to continue its journey of growth and innovation. The company plans to invest in modernising its fleet and exploring new business opportunities. SCI is also committed to aligning with global maritime trends and regulations. As a result, the company is well-positioned to successfully navigate the future of global maritime trade.

FAQ’s

What is the share price of Shipping Corporation of India Ltd today?

Shipping Corporation of India Ltd share price as on 31 Jan 2025 is ₹ 193.46

What is the Market Cap of Shipping Corporation of India Ltd?

The market cap of Shipping Corporation of India Ltd stock is ₹8,887.93 Cr.

What is the PE Ratio of Shipping Corporation of India Ltd?

The Price to Earnings (P/E) Ratio of Shipping Corporation of India Ltd is 15.89

What is the PB Ratio of Shipping Corporation of India Ltd?

The Price to Book (P/B) Ratio of Shipping Corporation of India Ltd is 1.40

What is the 52 week high of Shipping Corporation of India Ltd Share Price?

The 52 week high of Shipping Corporation of India Ltd share price stands at ₹384.20

What is the 52 week low of Shipping Corporation of India Ltd Share Price?

The 52 week low of Shipping Corporation of India Ltd share price stands at ₹177.80

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