Shipping Corporation of India Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: June 13, 2025, 5:34 am

Market Cap	9,610 Cr.
Current Price	206
High / Low	385/138
Stock P/E	11.4
Book Value	178
Dividend Yield	0.24 %
ROCE	9.89 %
ROE	10.6 %
Face Value	10.0
PEG Ratio	1.68

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

Stock P/E Current Price Intrinsic Value

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	94.6 Cr.	26.0	34.0/21.6	270	15.7	0.00 %	3.05 %	%	10.0
Great Eastern Shipping Company Ltd (GESHIP)	14,138 Cr.	989	1,544/797	6.03	999	3.00 %	16.9 %	17.6 %	10.0
Shreyas Shipping & Logistics Ltd	782 Cr.	356	440/230		349	0.00 %	3.91 %	11.3 %	10.0
Shipping Corporation of India Ltd	9,610 Cr.	206	385/138	11.4	178	0.24 %	9.89 %	10.6 %	10.0
SEAMEC Ltd	2,192 Cr.	862	1,670/780	27.2	396	0.12 %	9.17 %	8.40 %	10.0
Industry Average	4,604.83 Cr	367.01		64.37	300.53	0.48%	8.02%	11.30%	10.00

All Competitor Stocks of Shipping Corporation of India Ltd

Quarterly Result

Metric	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Sales	1,309	1,462	1,417	1,496	1,418	1,200	1,093	1,341	1,413	1,514	1,451	1,316	1,325
Expenses	982	1,163	1,094	1,027	954	837	858	924	1,005	1,005	918	958	961
Operating Profit	327	299	324	469	465	363	236	417	407	510	533	357	365
OPM %	25%	20%	23%	31%	33%	30%	22%	31%	29%	34%	37%	27%	28%
Other Income	68	44	39	46	55	51	94	25	113	49	43	45	88
Interest	76	50	47	38	50	35	56	40	40	40	43	64	39
Depreciation	160	172	190	195	196	197	200	251	241	220	234	255	243
Profit before tax	159	121	126	282	274	182	74	151	239	298	298	84	171
Tax %	7%	10%	9%	6%	-39%	5%	11%	11%	-29%	2%	2%	10%	-8%
Net Profit	148	109	114	267	380	172	66	134	307	291	291	76	185
EPS in Rs	3.18	2.34	2.46	5.72	8.16	3.68	1.41	2.88	6.60	6.26	6.26	1.62	3.97

Last Updated: May 31, 2025, 7:49 am

Below is a detailed analysis of the quarterly data for Shipping Corporation of India Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Sales, as of Mar 2025, the value is 1,325.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,316.00 Cr. (Dec 2024) to 1,325.00 Cr., marking an increase of 9.00 Cr..
For Expenses, as of Mar 2025, the value is 961.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 958.00 Cr. (Dec 2024) to 961.00 Cr., marking an increase of 3.00 Cr..
For Operating Profit, as of Mar 2025, the value is 365.00 Cr.. The value appears strong and on an upward trend. It has increased from 357.00 Cr. (Dec 2024) to 365.00 Cr., marking an increase of 8.00 Cr..
For OPM %, as of Mar 2025, the value is 28.00%. The value appears strong and on an upward trend. It has increased from 27.00% (Dec 2024) to 28.00%, marking an increase of 1.00%.
For Other Income, as of Mar 2025, the value is 88.00 Cr.. The value appears strong and on an upward trend. It has increased from 45.00 Cr. (Dec 2024) to 88.00 Cr., marking an increase of 43.00 Cr..
For Interest, as of Mar 2025, the value is 39.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 64.00 Cr. (Dec 2024) to 39.00 Cr., marking a decrease of 25.00 Cr..
For Depreciation, as of Mar 2025, the value is 243.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 255.00 Cr. (Dec 2024) to 243.00 Cr., marking a decrease of 12.00 Cr..
For Profit before tax, as of Mar 2025, the value is 171.00 Cr.. The value appears strong and on an upward trend. It has increased from 84.00 Cr. (Dec 2024) to 171.00 Cr., marking an increase of 87.00 Cr..
For Tax %, as of Mar 2025, the value is -8.00%. The value appears to be improving (decreasing) as expected. It has decreased from 10.00% (Dec 2024) to -8.00%, marking a decrease of 18.00%.
For Net Profit, as of Mar 2025, the value is 185.00 Cr.. The value appears strong and on an upward trend. It has increased from 76.00 Cr. (Dec 2024) to 185.00 Cr., marking an increase of 109.00 Cr..
For EPS in Rs, as of Mar 2025, the value is 3.97. The value appears strong and on an upward trend. It has increased from 1.62 (Dec 2024) to 3.97, marking an increase of 2.35.

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

Metric	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	4,311	4,050	3,447	3,469	3,873	4,425	3,703	4,988	5,794	5,047	5,693
Expenses	3,396	2,688	2,667	2,793	3,160	3,283	2,544	3,457	4,237	3,624	3,886
Operating Profit	916	1,362	780	677	713	1,143	1,159	1,531	1,557	1,423	1,807
OPM %	21%	34%	23%	20%	18%	26%	31%	31%	27%	28%	32%
Other Income	395	193	185	196	292	277	204	170	184	283	250
Interest	239	195	174	180	362	367	22	161	185	171	188
Depreciation	801	542	566	610	658	671	628	635	753	889	949
Profit before tax	270	818	226	82	-16	382	713	904	803	645	920
Tax %	28%	4%	19%	-273%	304%	12%	2%	5%	-8%	-5%
Net Profit	195	782	182	306	-63	336	696	861	870	679	966
EPS in Rs	4.19	16.78	3.92	6.58	-1.35	7.22	14.94	18.47	18.68	14.58	20.74
Dividend Payout %	0%	0%	0%	0%	0%	10%	2%	2%	2%	3%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
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:	3%
5 Years:	5%
3 Years:	4%
TTM:	11%

Compounded Profit Growth
10 Years:	23%
5 Years:	27%
3 Years:	0%
TTM:	33%

Stock Price CAGR
10 Years:	20%
5 Years:	45%
3 Years:	42%
1 Year:	-13%

Return on Equity
10 Years:	7%
5 Years:	11%
3 Years:	11%
Last Year:	11%

Last Updated: Unknown

Balance Sheet

Last Updated: June 12, 2025, 2:44 pm

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	466	466	466	466	466	466	466	466	466	466	466
Reserves	6,053	6,272	6,428	6,769	6,717	7,018	7,702	5,508	6,437	7,074	7,846
Borrowings	7,739	5,845	5,492	5,585	5,277	4,767	3,679	3,200	2,605	2,914	2,228
Other Liabilities	1,580	2,148	2,162	1,686	1,896	1,668	1,556	1,684	1,936	1,646	1,161
Total Liabilities	15,839	14,731	14,549	14,506	14,357	13,919	13,403	10,859	11,443	12,100	11,701
Fixed Assets	12,280	11,827	11,411	11,348	11,119	10,653	10,174	7,624	7,403	7,004	6,711
CWIP	567	0	27	8	8	3	33	58	34	42	4
Investments	77	80	136	269	279	298	354	476	611	657	826
Other Assets	2,915	2,824	2,975	2,882	2,951	2,964	2,841	2,701	3,395	4,397	4,159
Total Assets	15,839	14,731	14,549	14,506	14,357	13,919	13,403	10,859	11,443	12,100	11,701

Below is a detailed analysis of the balance sheet data for Shipping Corporation of India Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Equity Capital, as of Mar 2025, 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 Mar 2025, the value is 7,846.00 Cr.. The value appears strong and on an upward trend. It has increased from 7,074.00 Cr. (Mar 2024) to 7,846.00 Cr., marking an increase of 772.00 Cr..
For Borrowings, as of Mar 2025, the value is 2,228.00 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 2,228.00 Cr., marking a decrease of 686.00 Cr..
For Other Liabilities, as of Mar 2025, the value is 1,161.00 Cr.. The value appears to be improving (decreasing). It has decreased from 1,646.00 Cr. (Mar 2024) to 1,161.00 Cr., marking a decrease of 485.00 Cr..
For Total Liabilities, as of Mar 2025, the value is 11,701.00 Cr.. The value appears to be improving (decreasing). It has decreased from 12,100.00 Cr. (Mar 2024) to 11,701.00 Cr., marking a decrease of 399.00 Cr..
For Fixed Assets, as of Mar 2025, the value is 6,711.00 Cr.. The value appears to be declining and may need further review. It has decreased from 7,004.00 Cr. (Mar 2024) to 6,711.00 Cr., marking a decrease of 293.00 Cr..
For CWIP, as of Mar 2025, the value is 4.00 Cr.. The value appears to be declining and may need further review. It has decreased from 42.00 Cr. (Mar 2024) to 4.00 Cr., marking a decrease of 38.00 Cr..
For Investments, as of Mar 2025, the value is 826.00 Cr.. The value appears strong and on an upward trend. It has increased from 657.00 Cr. (Mar 2024) to 826.00 Cr., marking an increase of 169.00 Cr..
For Other Assets, as of Mar 2025, the value is 4,159.00 Cr.. The value appears to be declining and may need further review. It has decreased from 4,397.00 Cr. (Mar 2024) to 4,159.00 Cr., marking a decrease of 238.00 Cr..
For Total Assets, as of Mar 2025, the value is 11,701.00 Cr.. The value appears to be declining and may need further review. It has decreased from 12,100.00 Cr. (Mar 2024) to 11,701.00 Cr., marking a decrease of 399.00 Cr..

Notably, the Reserves (7,846.00 Cr.) exceed the Borrowings (2,228.00 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

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	2,197	1,490	683	228	712	945	1,340	1,440	1,465	994	850
Cash from Investing Activity +	-308	-11	-86	-471	7	324	-206	-729	-501	-573	-316
Cash from Financing Activity +	-1,675	-1,095	-522	-87	-866	-1,120	-1,154	-653	-930	103	-1,236
Net Cash Flow	214	384	74	-329	-146	149	-20	58	34	524	-702

Free Cash Flow

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	909.00	-4.00	775.00	672.00	708.00	-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

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	68	61	70	70	56	50	62	47	64	102
Inventory Days
Days Payable
Cash Conversion Cycle	68	61	70	70	56	50	62	47	64	102
Working Capital Days	-157	-143	-187	-102	-114	-91	-17	10	17	54
ROCE %		7%	3%	2%	2%	5%	6%	10%	11%	8%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	63.75%	63.75%	63.75%	63.75%	63.75%	63.75%	63.75%	63.75%	63.75%	63.75%	63.75%	63.75%
FIIs	2.21%	2.35%	3.13%	3.28%	3.30%	3.23%	2.89%	3.23%	3.27%	4.66%	4.56%	5.61%
DIIs	9.50%	8.35%	7.87%	7.81%	7.47%	7.01%	7.01%	6.97%	7.99%	7.87%	8.69%	3.64%
Public	24.54%	25.55%	25.25%	25.17%	25.50%	26.01%	26.36%	26.05%	24.98%	23.74%	23.01%	27.00%
No. of Shareholders	1,81,910	1,90,440	1,86,212	1,80,993	1,76,249	1,75,143	1,83,339	2,09,199	2,19,463	3,04,527	3,24,156	4,41,535

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Quant Small Cap Fund	14,976,359	1.88	243.96	14,976,359	2025-04-22 17:25:21	0%
Bandhan Transportation and Logistics Fund	250,000	1.05	4.07	250,000	2025-04-22 17:25:21	0%
Motilal Oswal Nifty Microcap 250 Index Fund	188,947	0.49	3.08	188,947	2025-04-22 17:25:21	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	14.58	18.68	18.58	14.94	7.22
Diluted EPS (Rs.)	14.58	18.68	18.58	14.94	7.22
Cash EPS (Rs.)	32.21	33.33	30.68	26.75	20.90
Book Value[Excl.RevalReserv]/Share (Rs.)	161.86	148.18	195.29	175.34	160.66
Book Value[Incl.RevalReserv]/Share (Rs.)	161.86	148.18	195.29	175.34	160.66
Revenue From Operations / Share (Rs.)	108.34	124.39	107.23	79.50	95.01
PBDIT / Share (Rs.)	35.17	35.84	35.00	27.56	29.69
PBIT / Share (Rs.)	16.07	19.68	21.36	14.07	15.28
PBT / Share (Rs.)	12.40	15.72	17.98	13.62	7.46
Net Profit / Share (Rs.)	13.12	17.16	17.04	13.26	6.49
NP After MI And SOA / Share (Rs.)	14.58	18.68	18.57	14.94	7.22
PBDIT Margin (%)	32.46	28.81	32.64	34.66	31.24
PBIT Margin (%)	14.83	15.81	19.91	17.70	16.08
PBT Margin (%)	11.44	12.63	16.76	17.13	7.85
Net Profit Margin (%)	12.11	13.79	15.89	16.68	6.83
NP After MI And SOA Margin (%)	13.45	15.01	17.32	18.79	7.60
Return on Networth / Equity (%)	9.00	12.60	9.51	8.52	4.49
Return on Capital Employeed (%)	8.15	10.59	8.77	5.97	7.63
Return On Assets (%)	5.61	7.60	6.07	5.19	2.41
Long Term Debt / Equity (X)	0.20	0.24	0.23	0.32	0.22
Total Debt / Equity (X)	0.38	0.37	0.34	0.37	0.49
Asset Turnover Ratio (%)	0.42	0.46	0.36	0.27	0.31
Current Ratio (X)	1.25	0.96	1.83	0.94	0.53
Quick Ratio (X)	1.19	0.90	1.77	0.91	0.50
Dividend Payout Ratio (NP) (%)	3.01	1.76	1.34	0.00	0.00
Dividend Payout Ratio (CP) (%)	1.30	0.94	0.77	0.00	0.00
Earning Retention Ratio (%)	96.99	98.24	98.66	0.00	0.00
Cash Earning Retention Ratio (%)	98.70	99.06	99.23	0.00	0.00
Interest Coverage Ratio (X)	9.56	9.06	10.34	60.80	3.80
Interest Coverage Ratio (Post Tax) (X)	4.57	5.34	6.03	30.27	1.83
Enterprise Value (Cr.)	11302.63	6407.86	7134.05	7209.27	4501.10
EV / Net Operating Revenue (X)	2.24	1.11	1.43	1.95	1.02
EV / EBITDA (X)	6.90	3.84	4.38	5.62	3.25
MarketCap / Net Operating Revenue (X)	1.93	0.75	1.07	1.39	0.39
Retention Ratios (%)	96.98	98.23	98.65	0.00	0.00
Price / BV (X)	1.29	0.63	0.58	0.63	0.23
Price / Net Operating Revenue (X)	1.93	0.75	1.07	1.39	0.39
EarningsYield	0.06	0.19	0.16	0.13	0.19

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 June 13, 2025 is: 172.49

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 June 13, 2025, Shipping Corporation of India Ltd is Overvalued by 16.27% compared to the current share price 206.00

Intrinsic Value of Shipping Corporation of India Ltd as of June 13, 2025 is: 184.19

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 June 13, 2025, Shipping Corporation of India Ltd is Overvalued by 10.59% compared to the current share price 206.00

Last 5 Year EPS CAGR: 6.78%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a low average Working Capital Days of -73.00, which is a positive sign. The company has higher reserves (6,711.27 cr) compared to borrowings (4,484.64 cr), indicating strong financial stability. The company has shown consistent growth in sales (3.91 cr) and profit (522.45 cr) over the years.	The stock has a low average ROCE of 5.40%, which may not be favorable. 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: 8.02%)
  - 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: 11.3%)
  - 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: 11.4 (Industry average Stock P/E: 64.37)
  - 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. 5592.33 Cr. and Equity Capital is Rs. 465.80 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Shipping	Shipping House, Mumbai Maharashtra 400021	hr@sci.co.in http://www.shipindia.com

Management
Name	Position Held
Capt. B K Tyagi	Chairman & Managing Director
Mr. C I Acharya	Whole Time Director
Mr. Vikram Dingley	Director
Mr. Atul Ubale	Director - Finance
Mr. M S Saini	Director
Rear Adm. Jaswinder Singh	Director
Ms. Arunima Dwivedi	Independent Director
Dr. Anil Kumar Misra	Independent Director
Mr. KNP Chakravarthy	Independent Director
Mr. Shreekant Pattar	Independent Director
Mr. Gulabbhai Rohit	Independent Director
Mr. Raju Lakshmanan	Government Nominee Director
Mr. Rajesh Kumar Sinha	Government Nominee Director

FAQ

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

Shipping Corporation of India Ltd's intrinsic value (as of 13 June 2025) is ₹172.49 — 16.27% lower the current market price of 206.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 9,610 Cr. market cap, FY2025-2026 high/low of ₹385/138, reserves of 7,846 Cr, and liabilities of 11,701 Cr.

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

The Market Cap of Shipping Corporation of India Ltd is 9,610 Cr..

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

The current stock price of Shipping Corporation of India Ltd as on 13 June 2025 is 206.

What is the High / Low of Shipping Corporation of India Ltd stocks in FY 2025-2026?

In FY 2025-2026, 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 11.4.

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

The Book Value of Shipping Corporation of India Ltd is 178.

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

The Dividend Yield of Shipping Corporation of India Ltd is 0.24 %.

What is the ROCE of Shipping Corporation of India Ltd?

The ROCE of Shipping Corporation of India Ltd is 9.89 %.

What is the ROE of Shipping Corporation of India Ltd?

The ROE of Shipping Corporation of India Ltd is 10.6 %.

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

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