The Shipping Corporation of India Limited Share Price and Company Fundamentals



Price
₹96.65
Change
0.550 (0.572%)
52 week
85.6 - 160.2

Last traded: Yesterday at 10:00 AM

The Shipping Corporation of India Limited provides shipping services in India, Singapore, and internationally. It operates through Liner, Bulk, Tanker, Technical & Offshore, and Others segments. The company's fleet comprises bulk carriers, crude oil tankers, product tankers, container vessels, passenger-cum-cargo vessels, LPG carriers, and offshore supply vessels. Its bulk carriers transport cargos, including iron ore, coal, coke, grain, fertilizer, steel, plywood, bauxite products, etc.; tankers are used for feeding crude oil to various oil refineries; and passenger-cum-cargo vessels offer transportation services between the Mainland, and Andaman and Nicobar group of islands. The company is also involved in chartering various ships, as well as in lighterage operations. In addition, it provides offshore services comprising towing and anchor handling, carriage of men and materials, standby and rescue, routine surveillance, and firefighting services, as well as operations, manning, maintenance, and management services for vessels. Further, the company offers shipbuilding consultancy assistance services for new building vessels, including project viability and feasibility, design consultancy, project management, and site supervision; and for the acquisition of second-hand ships, such as identifying the type and size of vessels, receipt and evaluation of offers, inspection of class records, physical inspection of vessels, processing specific proposals for owners/government approval, taking delivery of the vessels, etc., as well as provides liner break-bulk and container services. It operates a fleet of 59 vessels with deadweight tonnage of 5.311 million. The Shipping Corporation of India Limited was incorporated in 1950 and is based in Mumbai, India.

Key Metrics

PE ratio

5.14

PB ratio

0.49

Dividend yield

0.34%

Beta

0.84

Market cap

-

Enterprise value

-

Company profile

Industry / SectorMarine Shipping / Industrials
Websitehttps://www.shipindia.com
Mailing addressShipping House 245, Madame Cama Road Mumbai 400021 India
Phone / Fax91 22 2202 6666 / 91 22 2202 6905

Dividends

Dividend yield

0.34%

Dividend amount

₹0.33

Payout ratio

1.35%

The Shipping Corporation of India Limited paid ₹0.33 dividend and the ex-dividend date was 17 Aug 2021.The dividend payout ratio is 1.35%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.SCI dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

SCI's forward dividend amount is ₹0.25 and the forward dividend yield is 0.26%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on The Shipping Corporation of India Limited.

NameTitleAgeTotal Pay
Mr. Atul Laxman UbaleChairman, MD and Director of Fin., Personnel & Admin. and B&T564.08M
Captain Binesh Kumar TyagiGM of Bulk Carrier & Tanker and Whole-Time Director511.66M
Mr. C. I AcharyaDirector of Fin.
Mr. Vikram DingleyDirector of Technical & Offshore Services & Director
Mr. Dipankar HaldarExec. Director of Legal Affairs
Ms. Swapnita Vikas YadavCompany Sec. & Compliance Officer
Mr. Naishad R. SaraiyaExec. Director of Personnel & Admin.
Mr. Ashwin V. PatelGen. Mang. of Fin. & Accounts
Ms. Sumathi SunderajanGen. Mang. of Fin. & Accounts

Profitability and management effectiveness

Profit margin

17.32%

Operating margin

17.88%

Return on assets

4.04%

Return on equity

10.02%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of The Shipping Corporation of India Limited is and its enterprise value is .

The SCI's stocks Beta value is 0.84 making it 16% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

The Shipping Corporation of India Limited (NSE:SCI) Frequently Asked Questions

1. What is The Shipping Corporation of India Limited's Stock Symbol?

The Shipping Corporation of India Limited trades on NSE under the ticker symbol "SCI".

2. What is The Shipping Corporation of India Limited's stock price today?

One share of SCI stock can currently be purchased for approximately ₹96.65.

3. How can I contact The Shipping Corporation of India Limited?

The Shipping Corporation of India Limited's mailing address is Shipping House 245, Madame Cama Road Mumbai 400021 India. The company can be reached via phone at 91 22 2202 6666.

4. What is The Shipping Corporation of India Limited's official website?

The official website of The Shipping Corporation of India Limited is https://www.shipindia.com.