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Last Updated on: 13 March, 2025
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 523598 | NSE: SCI

Shipping Corporation of India Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 13, 2025, 12:15 pm

Market Cap 6,971 Cr.
Current Price 150
High / Low 385/138
Stock P/E7.24
Book Value 173
Dividend Yield0.33 %
ROCE7.68 %
ROE8.75 %
Face Value 10.0
PEG Ratio1.07

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Shipping Corporation of India Ltd

Competitors of Shipping Corporation of India Ltd

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Chowgule Steamships Ltd 101 Cr. 27.8 36.5/16.2288 15.70.00 %3.05 %% 10.0
Great Eastern Shipping Company Ltd (GESHIP) 12,850 Cr. 900 1,544/7975.40 9453.16 %18.5 %21.0 % 10.0
Shreyas Shipping & Logistics Ltd 782 Cr. 356440/230 3490.00 %3.91 %11.3 % 10.0
Shipping Corporation of India Ltd 6,971 Cr. 150 385/1387.24 1730.33 %7.68 %8.75 % 10.0
SEAMEC Ltd 2,410 Cr. 948 1,670/78026.4 3790.11 %12.5 %13.8 % 10.0
Industry Average3,404.86 Cr354.7971.53287.230.51%37.03%15.57%10.00

All Competitor Stocks of Shipping Corporation of India Ltd

Quarterly Result

MetricDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Sales 1,4311,3091,4621,4171,4961,4181,2001,0931,3411,4131,5141,4511,316
Expenses 9669821,1631,0941,0279548378589241,0051,005918958
Operating Profit 465327299324469465363236417407510533357
OPM % 32%25%20%23%31%33%30%22%31%29%34%37%27%
Other Income 466844394655519425113494345
Interest 17765047385035564040404364
Depreciation 159160172190195196197200251241220234255
Profit before tax 3361591211262822741827415123929829884
Tax % 7%7%10%9%6%-39%5%11%11%-29%2%2%10%
Net Profit 3121481091142673801726613430729129176
EPS in Rs 6.693.182.342.465.728.163.681.412.886.606.266.261.62

Last Updated: February 28, 2025, 5:13 pm

Below is a detailed analysis of the quarterly data for Shipping Corporation of India Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

  • For Sales, as of Dec 2024, the value is ₹1,316.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,451.00 Cr. (Sep 2024) to ₹1,316.00 Cr., marking a decrease of 135.00 Cr..
  • For Expenses, as of Dec 2024, the value is ₹958.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 918.00 Cr. (Sep 2024) to ₹958.00 Cr., marking an increase of ₹40.00 Cr..
  • For Operating Profit, as of Dec 2024, the value is ₹357.00 Cr.. The value appears to be declining and may need further review. It has decreased from 533.00 Cr. (Sep 2024) to ₹357.00 Cr., marking a decrease of 176.00 Cr..
  • For OPM %, as of Dec 2024, the value is 27.00%. The value appears to be declining and may need further review. It has decreased from 37.00% (Sep 2024) to 27.00%, marking a decrease of 10.00%.
  • For Other Income, as of Dec 2024, the value is ₹45.00 Cr.. The value appears strong and on an upward trend. It has increased from 43.00 Cr. (Sep 2024) to ₹45.00 Cr., marking an increase of ₹2.00 Cr..
  • For Interest, as of Dec 2024, the value is ₹64.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 43.00 Cr. (Sep 2024) to ₹64.00 Cr., marking an increase of ₹21.00 Cr..
  • For Depreciation, as of Dec 2024, the value is ₹255.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 234.00 Cr. (Sep 2024) to ₹255.00 Cr., marking an increase of ₹21.00 Cr..
  • For Profit before tax, as of Dec 2024, the value is ₹84.00 Cr.. The value appears to be declining and may need further review. It has decreased from 298.00 Cr. (Sep 2024) to ₹84.00 Cr., marking a decrease of 214.00 Cr..
  • For Tax %, as of Dec 2024, the value is 10.00%. The value appears to be increasing, which may not be favorable. It has increased from 2.00% (Sep 2024) to 10.00%, marking an increase of 8.00%.
  • For Net Profit, as of Dec 2024, the value is ₹76.00 Cr.. The value appears to be declining and may need further review. It has decreased from 291.00 Cr. (Sep 2024) to ₹76.00 Cr., marking a decrease of 215.00 Cr..
  • For EPS in Rs, as of Dec 2024, the value is 1.62. The value appears to be declining and may need further review. It has decreased from ₹6.26 (Sep 2024) to 1.62, marking a decrease of ₹4.64.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 2:53 pm

MetricMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales 4,3114,0503,4473,4693,8734,4253,7034,9885,7945,0475,693
Expenses 3,3962,6882,6672,7933,1603,2832,5443,4574,2373,6243,886
Operating Profit 9161,3627806777131,1431,1591,5311,5571,4231,807
OPM % 21%34%23%20%18%26%31%31%27%28%32%
Other Income 395193185196292277204170184283250
Interest 23919517418036236722161185171188
Depreciation 801542566610658671628635753889949
Profit before tax 27081822682-16382713904803645920
Tax % 28%4%19%-273%304%12%2%5%-8%-5%
Net Profit 195782182306-63336696861870679966
EPS in Rs 4.1916.783.926.58-1.357.2214.9418.4718.6814.5820.74
Dividend Payout % 0%0%0%0%0%10%2%2%2%3%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)301.03%-76.73%68.13%-120.59%633.33%107.14%23.71%1.05%-21.95%
Change in YoY Net Profit Growth (%)0.00%-377.75%144.86%-188.72%753.92%-526.19%-83.44%-22.66%-23.00%

Shipping Corporation of India Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 9 years from 2015-2016 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:%
5 Years:5%
3 Years:11%
TTM:13%
Compounded Profit Growth
10 Years:%
5 Years:51%
3 Years:-3%
TTM:28%
Stock Price CAGR
10 Years:15%
5 Years:36%
3 Years:20%
1 Year:-25%
Return on Equity
10 Years:%
5 Years:9%
3 Years:11%
Last Year:9%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 7:41 pm

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital 466466466466466466466466466466466
Reserves 6,0536,2726,4286,7696,7177,0187,7025,5086,4377,0747,595
Borrowings 7,7395,8455,4925,5855,2774,7673,6793,2002,6052,9142,368
Other Liabilities 1,5802,1482,1621,6861,8961,6681,5561,6841,9361,6461,267
Total Liabilities 15,83914,73114,54914,50614,35713,91913,40310,85911,44312,10011,695
Fixed Assets 12,28011,82711,41111,34811,11910,65310,1747,6247,4037,0047,097
CWIP 567027883335834429
Investments 7780136269279298354476611657631
Other Assets 2,9152,8242,9752,8822,9512,9642,8412,7013,3954,3973,958
Total Assets 15,83914,73114,54914,50614,35713,91913,40310,85911,44312,10011,695

Below is a detailed analysis of the balance sheet data for Shipping Corporation of India Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

  • For Equity Capital, as of Sep 2024, the value is ₹466.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹466.00 Cr..
  • For Reserves, as of Sep 2024, the value is ₹7,595.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹7,074.00 Cr. (Mar 2024) to ₹7,595.00 Cr., marking an increase of 521.00 Cr..
  • For Borrowings, as of Sep 2024, the value is ₹2,368.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from ₹2,914.00 Cr. (Mar 2024) to ₹2,368.00 Cr., marking a decrease of 546.00 Cr..
  • For Other Liabilities, as of Sep 2024, the value is ₹1,267.00 Cr.. The value appears to be improving (decreasing). It has decreased from ₹1,646.00 Cr. (Mar 2024) to ₹1,267.00 Cr., marking a decrease of 379.00 Cr..
  • For Total Liabilities, as of Sep 2024, the value is ₹11,695.00 Cr.. The value appears to be improving (decreasing). It has decreased from ₹12,100.00 Cr. (Mar 2024) to ₹11,695.00 Cr., marking a decrease of 405.00 Cr..
  • For Fixed Assets, as of Sep 2024, the value is ₹7,097.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹7,004.00 Cr. (Mar 2024) to ₹7,097.00 Cr., marking an increase of 93.00 Cr..
  • For CWIP, as of Sep 2024, the value is ₹9.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹42.00 Cr. (Mar 2024) to ₹9.00 Cr., marking a decrease of 33.00 Cr..
  • For Investments, as of Sep 2024, the value is ₹631.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹657.00 Cr. (Mar 2024) to ₹631.00 Cr., marking a decrease of 26.00 Cr..
  • For Other Assets, as of Sep 2024, the value is ₹3,958.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹4,397.00 Cr. (Mar 2024) to ₹3,958.00 Cr., marking a decrease of 439.00 Cr..
  • For Total Assets, as of Sep 2024, the value is ₹11,695.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹12,100.00 Cr. (Mar 2024) to ₹11,695.00 Cr., marking a decrease of 405.00 Cr..

Notably, the Reserves (₹7,595.00 Cr.) exceed the Borrowings (2,368.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +2,1971,4906832287129451,3401,4401,465994
Cash from Investing Activity +-308-11-86-4717324-206-729-501-573
Cash from Financing Activity +-1,675-1,095-522-87-866-1,120-1,154-653-930103
Net Cash Flow21438474-329-146149-205834524

Free Cash Flow

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow909.00-4.00775.00672.00708.00-3.00-2.00-2.00-1.00-1.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days686170705650624764102
Inventory Days
Days Payable
Cash Conversion Cycle686170705650624764102
Working Capital Days-157-143-187-102-114-91-17101754
ROCE %7%3%2%2%5%6%10%11%8%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters63.75%63.75%63.75%63.75%63.75%63.75%63.75%63.75%63.75%63.75%63.75%63.75%
FIIs2.21%2.35%3.13%3.28%3.30%3.23%2.89%3.23%3.27%4.66%4.56%5.61%
DIIs9.50%8.35%7.87%7.81%7.47%7.01%7.01%6.97%7.99%7.87%8.69%3.64%
Public24.54%25.55%25.25%25.17%25.50%26.01%26.36%26.05%24.98%23.74%23.01%27.00%
No. of Shareholders1,81,9101,90,4401,86,2121,80,9931,76,2491,75,1431,83,3392,09,1992,19,4633,04,5273,24,1564,41,535

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Quant Small Cap Fund14,976,3591.88243.9614,976,3592025-03-110%
Bandhan Transportation and Logistics Fund250,0001.054.0714,976,3592025-03-11-98.33%
Motilal Oswal Nifty Microcap 250 Index Fund188,9470.493.0814,976,3592025-03-11-98.74%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 14.5818.6818.5814.947.22
Diluted EPS (Rs.) 14.5818.6818.5814.947.22
Cash EPS (Rs.) 32.2133.3330.6826.7520.90
Book Value[Excl.RevalReserv]/Share (Rs.) 161.86148.18195.29175.34160.66
Book Value[Incl.RevalReserv]/Share (Rs.) 161.86148.18195.29175.34160.66
Revenue From Operations / Share (Rs.) 108.34124.39107.2379.5095.01
PBDIT / Share (Rs.) 35.1735.8435.0027.5629.69
PBIT / Share (Rs.) 16.0719.6821.3614.0715.28
PBT / Share (Rs.) 12.4015.7217.9813.627.46
Net Profit / Share (Rs.) 13.1217.1617.0413.266.49
NP After MI And SOA / Share (Rs.) 14.5818.6818.5714.947.22
PBDIT Margin (%) 32.4628.8132.6434.6631.24
PBIT Margin (%) 14.8315.8119.9117.7016.08
PBT Margin (%) 11.4412.6316.7617.137.85
Net Profit Margin (%) 12.1113.7915.8916.686.83
NP After MI And SOA Margin (%) 13.4515.0117.3218.797.60
Return on Networth / Equity (%) 9.0012.609.518.524.49
Return on Capital Employeed (%) 8.1510.598.775.977.63
Return On Assets (%) 5.617.606.075.192.41
Long Term Debt / Equity (X) 0.200.240.230.320.22
Total Debt / Equity (X) 0.380.370.340.370.49
Asset Turnover Ratio (%) 0.420.460.360.270.31
Current Ratio (X) 1.250.961.830.940.53
Quick Ratio (X) 1.190.901.770.910.50
Dividend Payout Ratio (NP) (%) 3.011.761.340.000.00
Dividend Payout Ratio (CP) (%) 1.300.940.770.000.00
Earning Retention Ratio (%) 96.9998.2498.660.000.00
Cash Earning Retention Ratio (%) 98.7099.0699.230.000.00
Interest Coverage Ratio (X) 9.569.0610.3460.803.80
Interest Coverage Ratio (Post Tax) (X) 4.575.346.0330.271.83
Enterprise Value (Cr.) 11302.636407.867134.057209.274501.10
EV / Net Operating Revenue (X) 2.241.111.431.951.02
EV / EBITDA (X) 6.903.844.385.623.25
MarketCap / Net Operating Revenue (X) 1.930.751.071.390.39
Retention Ratios (%) 96.9898.2398.650.000.00
Price / BV (X) 1.290.630.580.630.23
Price / Net Operating Revenue (X) 1.930.751.071.390.39
EarningsYield 0.060.190.160.130.19

After reviewing the key financial ratios for Shipping Corporation of India Ltd, here is a detailed analysis based on the latest available data and recent trends:

  • For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
  • For Basic EPS (Rs.), as of Mar 24, the value is 14.58. This value is within the healthy range. It has decreased from 18.68 (Mar 23) to 14.58, marking a decrease of 4.10.
  • For Diluted EPS (Rs.), as of Mar 24, the value is 14.58. This value is within the healthy range. It has decreased from 18.68 (Mar 23) to 14.58, marking a decrease of 4.10.
  • For Cash EPS (Rs.), as of Mar 24, the value is 32.21. This value is within the healthy range. It has decreased from 33.33 (Mar 23) to 32.21, marking a decrease of 1.12.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 161.86. It has increased from 148.18 (Mar 23) to 161.86, marking an increase of 13.68.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 161.86. It has increased from 148.18 (Mar 23) to 161.86, marking an increase of 13.68.
  • For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 108.34. It has decreased from 124.39 (Mar 23) to 108.34, marking a decrease of 16.05.
  • For PBDIT / Share (Rs.), as of Mar 24, the value is 35.17. This value is within the healthy range. It has decreased from 35.84 (Mar 23) to 35.17, marking a decrease of 0.67.
  • For PBIT / Share (Rs.), as of Mar 24, the value is 16.07. This value is within the healthy range. It has decreased from 19.68 (Mar 23) to 16.07, marking a decrease of 3.61.
  • For PBT / Share (Rs.), as of Mar 24, the value is 12.40. This value is within the healthy range. It has decreased from 15.72 (Mar 23) to 12.40, marking a decrease of 3.32.
  • For Net Profit / Share (Rs.), as of Mar 24, the value is 13.12. This value is within the healthy range. It has decreased from 17.16 (Mar 23) to 13.12, marking a decrease of 4.04.
  • For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 14.58. This value is within the healthy range. It has decreased from 18.68 (Mar 23) to 14.58, marking a decrease of 4.10.
  • For PBDIT Margin (%), as of Mar 24, the value is 32.46. This value is within the healthy range. It has increased from 28.81 (Mar 23) to 32.46, marking an increase of 3.65.
  • For PBIT Margin (%), as of Mar 24, the value is 14.83. This value is within the healthy range. It has decreased from 15.81 (Mar 23) to 14.83, marking a decrease of 0.98.
  • For PBT Margin (%), as of Mar 24, the value is 11.44. This value is within the healthy range. It has decreased from 12.63 (Mar 23) to 11.44, marking a decrease of 1.19.
  • For Net Profit Margin (%), as of Mar 24, the value is 12.11. This value exceeds the healthy maximum of 10. It has decreased from 13.79 (Mar 23) to 12.11, marking a decrease of 1.68.
  • For NP After MI And SOA Margin (%), as of Mar 24, the value is 13.45. This value is within the healthy range. It has decreased from 15.01 (Mar 23) to 13.45, marking a decrease of 1.56.
  • For Return on Networth / Equity (%), as of Mar 24, the value is 9.00. This value is below the healthy minimum of 15. It has decreased from 12.60 (Mar 23) to 9.00, marking a decrease of 3.60.
  • For Return on Capital Employeed (%), as of Mar 24, the value is 8.15. This value is below the healthy minimum of 10. It has decreased from 10.59 (Mar 23) to 8.15, marking a decrease of 2.44.
  • For Return On Assets (%), as of Mar 24, the value is 5.61. This value is within the healthy range. It has decreased from 7.60 (Mar 23) to 5.61, marking a decrease of 1.99.
  • For Long Term Debt / Equity (X), as of Mar 24, the value is 0.20. This value is within the healthy range. It has decreased from 0.24 (Mar 23) to 0.20, marking a decrease of 0.04.
  • For Total Debt / Equity (X), as of Mar 24, the value is 0.38. This value is within the healthy range. It has increased from 0.37 (Mar 23) to 0.38, marking an increase of 0.01.
  • For Asset Turnover Ratio (%), as of Mar 24, the value is 0.42. It has decreased from 0.46 (Mar 23) to 0.42, marking a decrease of 0.04.
  • For Current Ratio (X), as of Mar 24, the value is 1.25. This value is below the healthy minimum of 1.5. It has increased from 0.96 (Mar 23) to 1.25, marking an increase of 0.29.
  • For Quick Ratio (X), as of Mar 24, the value is 1.19. This value is within the healthy range. It has increased from 0.90 (Mar 23) to 1.19, marking an increase of 0.29.
  • For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 3.01. This value is below the healthy minimum of 20. It has increased from 1.76 (Mar 23) to 3.01, marking an increase of 1.25.
  • For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 1.30. This value is below the healthy minimum of 20. It has increased from 0.94 (Mar 23) to 1.30, marking an increase of 0.36.
  • For Earning Retention Ratio (%), as of Mar 24, the value is 96.99. This value exceeds the healthy maximum of 70. It has decreased from 98.24 (Mar 23) to 96.99, marking a decrease of 1.25.
  • For Cash Earning Retention Ratio (%), as of Mar 24, the value is 98.70. This value exceeds the healthy maximum of 70. It has decreased from 99.06 (Mar 23) to 98.70, marking a decrease of 0.36.
  • For Interest Coverage Ratio (X), as of Mar 24, the value is 9.56. This value is within the healthy range. It has increased from 9.06 (Mar 23) to 9.56, marking an increase of 0.50.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 4.57. This value is within the healthy range. It has decreased from 5.34 (Mar 23) to 4.57, marking a decrease of 0.77.
  • For Enterprise Value (Cr.), as of Mar 24, the value is 11,302.63. It has increased from 6,407.86 (Mar 23) to 11,302.63, marking an increase of 4,894.77.
  • For EV / Net Operating Revenue (X), as of Mar 24, the value is 2.24. This value is within the healthy range. It has increased from 1.11 (Mar 23) to 2.24, marking an increase of 1.13.
  • For EV / EBITDA (X), as of Mar 24, the value is 6.90. This value is within the healthy range. It has increased from 3.84 (Mar 23) to 6.90, marking an increase of 3.06.
  • For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 1.93. This value is within the healthy range. It has increased from 0.75 (Mar 23) to 1.93, marking an increase of 1.18.
  • For Retention Ratios (%), as of Mar 24, the value is 96.98. This value exceeds the healthy maximum of 70. It has decreased from 98.23 (Mar 23) to 96.98, marking a decrease of 1.25.
  • For Price / BV (X), as of Mar 24, the value is 1.29. This value is within the healthy range. It has increased from 0.63 (Mar 23) to 1.29, marking an increase of 0.66.
  • For Price / Net Operating Revenue (X), as of Mar 24, the value is 1.93. This value is within the healthy range. It has increased from 0.75 (Mar 23) to 1.93, marking an increase of 1.18.
  • For EarningsYield, as of Mar 24, the value is 0.06. This value is below the healthy minimum of 5. It has decreased from 0.19 (Mar 23) to 0.06, marking a decrease of 0.13.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Shipping Corporation of India Ltd as of March 13, 2025 is: ₹87.97

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 13, 2025, Shipping Corporation of India Ltd is Overvalued by 41.35% compared to the current share price 150.00

Intrinsic Value of Shipping Corporation of India Ltd as of March 13, 2025 is: 93.93

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 13, 2025, Shipping Corporation of India Ltd is Overvalued by 37.38% compared to the current share price 150.00

Last 5 Year EPS CAGR: 6.78%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a low average Working Capital Days of -73.00, which is a positive sign.
  2. The company has higher reserves (6,688.45 cr) compared to borrowings (4,497.36 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (3.91 cr) and profit (522.45 cr) over the years.
  1. The stock has a low average ROCE of 5.40%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 65.00, which may not be favorable.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Shipping Corporation of India Ltd:
    1. Net Profit Margin: 12.11%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 8.15% (Industry Average ROCE: 37.03%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 9% (Industry Average ROE: 11.12%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 4.57
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 1.19
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 7.24 (Industry average Stock P/E: 51.09)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.38
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Shipping Corporation of India Ltd. is a Public Limited Listed company incorporated on 24/03/1950 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L63030MH1950GOI008033 and registration number is 008033. Currently Company is involved in the business activities of Sea and coastal freight water transport. Company's Total Operating Revenue is Rs. 5046.04 Cr. and Equity Capital is Rs. 465.80 Cr. for the Year ended 31/03/2024.
INDUSTRYADDRESSCONTACT
ShippingShipping House, Mumbai Maharashtra 400021hr@sci.co.in
http://www.shipindia.com
Management
NamePosition Held
Capt. B K TyagiChairman & Managing Director
Mr. C I AcharyaWhole Time Director
Mr. Vikram DingleyDirector
Mr. Atul UbaleDirector - Finance
Mr. M S SainiDirector
Rear Adm. Jaswinder SinghDirector
Ms. Arunima DwivediIndependent Director
Dr. Anil Kumar MisraIndependent Director
Mr. KNP ChakravarthyIndependent Director
Mr. Shreekant PattarIndependent Director
Mr. Gulabbhai RohitIndependent Director
Mr. Raju LakshmananGovernment Nominee Director
Mr. Rajesh Kumar SinhaGovernment Nominee Director

FAQ

What is the latest intrinsic value of Shipping Corporation of India Ltd?

The latest intrinsic value of Shipping Corporation of India Ltd as on 13 March 2025 is ₹87.97, which is 41.35% lower than the current market price of ₹150.00, indicating the stock is overvalued by 41.35%. The intrinsic value of Shipping Corporation of India Ltd is calculated using PE ratio method. The stock has a market capitalization of ₹6,971 Cr. and recorded a high/low of ₹385/138 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹7,595 Cr and total liabilities of ₹11,695 Cr.

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

The Market Cap of Shipping Corporation of India Ltd is 6,971 Cr..

What is the current Stock Price of Shipping Corporation of India Ltd as on 13 March 2025?

The current stock price of Shipping Corporation of India Ltd as on 13 March 2025 is ₹150.

What is the High / Low of Shipping Corporation of India Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Shipping Corporation of India Ltd stocks is ₹385/138.

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

The Stock P/E of Shipping Corporation of India Ltd is 7.24.

What is the Book Value of Shipping Corporation of India Ltd?

The Book Value of Shipping Corporation of India Ltd is 173.

What is the Dividend Yield of Shipping Corporation of India Ltd?

The Dividend Yield of Shipping Corporation of India Ltd is 0.33 %.

What is the ROCE of Shipping Corporation of India Ltd?

The ROCE of Shipping Corporation of India Ltd is 7.68 %.

What is the ROE of Shipping Corporation of India Ltd?

The ROE of Shipping Corporation of India Ltd is 8.75 %.

What is the Face Value of Shipping Corporation of India Ltd?

The Face Value of Shipping Corporation of India Ltd is 10.0.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Shipping Corporation of India Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE