Shipping Corporation of India share price
NSE: SCIBSE: 523598Transport ServicesSmall Cap
Share price at the NSE close on 28 Oct 2026. Previous close ₹244.30.
28 Oct: open ₹245.00, high ₹246.50, low ₹241.05
- Next results date: the board meets on 4 Nov 2026 to consider: financial results and dividend. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹11,389 Cr493rd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 7.04
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 1.25
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 3.07%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 18.6%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 12.8%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.27
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 18,04,86427.8% delivered
About Shipping Corporation of India
The Shipping Corporation of India Limited is a Mumbai-based company in the business of transporting goods by sea.1 Its owned fleet includes crude oil tankers, product tankers, liquefied petroleum and natural gas carriers, bulk carriers, container ships and offshore supply vessels, deployed on India's import and export, coastal and international cross-trade routes.23 It also manages vessels on behalf of government departments and other organisations.1
It is the only Indian shipping company running both coastal and international container liner services (container ships sailing fixed routes on a schedule), the company says.3 It has 2 wholly owned subsidiaries, Inland & Coastal Shipping, set up to promote inland waterway transport, and SCI Bharat IFSC, for leasing and financing vessels, and 4 joint ventures that own LNG carriers.456
It was incorporated in 1961.2 Its non-core assets (real estate) were demerged into Shipping Corporation of India Land and Assets Limited under a scheme the Ministry of Corporate Affairs approved in February 2023; that company has been separately listed since March 2024.78 The President of India held 63.75% of its shares at the end of March 2026.9 The Government of India has identified the company for strategic disinvestment (the sale of its controlling stake) and invited expressions of interest in December 2020; as of its latest annual report, interested bidders were carrying out due diligence.78
Shipping Corporation of India key points
Results
- Consolidated profit after tax was ₹1,352.92 crore in the year to Mar 2026, against ₹844 crore a year earlier.10
- Consolidated profit before tax was ₹1,423 crore in the year to Mar 2026, the highest in its history, the company says.11
- On a standalone basis, revenue from operations was ₹5,778.13 crore in the year to Mar 2026, against ₹5,592.33 crore, and profit before depreciation, finance costs and tax was ₹2,632.87 crore, against ₹1,959.94 crore.1213
Business segments
- The tanker segment (crude oil and product tankers and gas carriers) earned revenue of ₹3,942.23 crore in the year to Mar 2026, against ₹3,609.60 crore, and a segment profit of ₹1,189.54 crore, against ₹680.14 crore.1415
- The bulk segment (dry bulk carriers) earned revenue of ₹788.87 crore in the year to Mar 2026, against ₹711.29 crore, and its loss narrowed to ₹19.11 crore from ₹22.24 crore.1615
- The liner segment (container and break-bulk shipping, and vessels managed for others) earned revenue of ₹784.27 crore in the year to Mar 2026, down from ₹1,036.23 crore, and a segment profit of ₹74.84 crore, against ₹166.22 crore.1715
- The technical and offshore services segment (offshore vessels and technical consultancy) earned revenue of ₹297.85 crore in the year to Mar 2026, against ₹276.19 crore, and a segment profit of ₹35.29 crore, against ₹32.48 crore.1819
Where revenue comes from
Fleet
- In the year to Mar 2026, the tanker fleet included 5 VLCCs (very large crude carriers), Suezmax and Aframax tankers, LR2 and LR1 product tankers, and 3 MR product tankers on the Indian coast.2223
- The dry bulk fleet has 8 Supramax vessels of around 57,000 dwt (deadweight tonnes, the weight a ship can carry) each and 7 Panamax or Kamsarmax carriers of around 80-82,000 dwt, averaging about 14 years old.24
- Its liquefied petroleum gas carriers Nanda Devi, Sahyadri and Shivalik are on time charter to Indian energy public sector companies; it jointly owns 3 LNG carriers chartered to Petronet LNG and a 4th chartered to ExxonMobil.2526
- At the end of Mar 2026, the company operated 4 container vessels, 2 of them chartered in, and had loading rights on 17 vessels of partner shipping lines in consortia.27
Customers and partners
- Revenue from each customer above 7% of revenue (₹ lakh)2829
Item year to Mar 2026 year to Mar 2025 Indian Oil Corporation ₹94,370 lakh ₹73,485 lakh Hindustan Petroleum Corporation ₹66,021 lakh ₹44,218 lakh Bharat Petroleum Corporation ₹44,719 lakh ₹53,684 lakh Mangalore Refinery and Petrochemicals ₹36,267 lakh ₹41,447 lakh - Tanker customers include IOC, BPCL, HPCL, MRPL, CPCL and ONGC in the public sector, Reliance, Nayara and Cairn Energy in the private sector and oil majors and traders like Shell, BP, Chevron, Vitol and Trafigura.30
- Dry bulk customers include SAIL, the Department of Fertilizers, KIOCL, RINL and ArcelorMittal Nippon Steel; offshore vessel customers include ONGC, the Indian Navy and DRDO.31
Expansion and capital spending
- On 18 Mar 2026, the company signed a contract with Mazagon Dock Shipbuilders to build a 3000 dwt platform supply vessel, planned as the first ship in its fleet to run on green methanol.32
- On 3 Feb 2026, the company signed a memorandum of understanding with Container Corporation of India, port authorities and Sagarmala Finance Corporation to acquire, own, lease and operate container vessels and containers.33
- On 19 Sep 2025, the company signed a memorandum of understanding with state-owned oil companies to jointly acquire, own and operate vessels carrying petroleum, petroleum products and other hydrocarbons in international and coastal trade.3435
Recent events
- On 16 Jan 2026, Acuite Ratings and Research reaffirmed the company's bank loan ratings at AA+ for the long term and A1+ for the short term, with a stable outlook.36
- In August and September 2025, the company added 2 second-hand VLGCs (very large gas carriers), Sahyadri and Shivalik, of approximately 54,000 tonnes each.2537
Litigation and regulatory matters
- In an order of 11 Mar 2026, the Joint Commissioner of State Tax (Appeals) confirmed a revised tax demand on the company over mismatched input tax credit; on 13 Mar 2026 the company said it was exploring options to contest it, including an appeal.38
- On 3 Feb 2026, the company received an income tax refund, including interest of approximately ₹85.75 crore, after the Income Tax Appellate Tribunal ruled in its favour in May 2024.39
- BSE and NSE levied penalties on the company for not complying with SEBI listing Regulations 17(1), 18, 19, 20 and 21; as of its annual report for the year to Mar 2026, they had waived the fines under Regulations 18 to 21.40
Last updated
All 40 sources, each with its page
- 1. Annual report, 26 Aug 2026, page 312
- 2. Annual report, 26 Aug 2026, page 452
- 3. Annual report, 26 Aug 2026, page 68
- 4. Annual report, 26 Aug 2026, page 60
- 5. Annual report, 26 Aug 2026, page 238
- 6. Annual report, 26 Aug 2026, page 562
- 7. Annual report, 26 Aug 2026, page 13
- 8. Annual report, 26 Aug 2026, page 64
- 9. Annual report, 26 Aug 2026, page 482
- 10. Annual report, 26 Aug 2026, page 12
- 11. Annual report, 26 Aug 2026, page 10
- 12. Annual report, 26 Aug 2026, page 12
- 13. Annual report, 26 Aug 2026, page 57
- 14. Annual report, 26 Aug 2026, page 57
- 15. Annual report, 26 Aug 2026, page 395
- 16. Annual report, 26 Aug 2026, page 57
- 17. Annual report, 26 Aug 2026, page 57
- 18. Annual report, 26 Aug 2026, page 57
- 19. Annual report, 26 Aug 2026, page 537
- 20. Annual report, 26 Aug 2026, page 539
- 21. Annual report, 26 Aug 2026, page 116
- 22. Annual report, 26 Aug 2026, page 74
- 23. Annual report, 26 Aug 2026, page 75
- 24. Annual report, 26 Aug 2026, page 71
- 25. Annual report, 26 Aug 2026, page 74
- 26. Annual report, 26 Aug 2026, page 73
- 27. Annual report, 26 Aug 2026, page 77
- 28. Annual report, 26 Aug 2026, page 539
- 29. Annual report, 26 Aug 2026, page 539
- 30. Annual report, 26 Aug 2026, page 116
- 31. Annual report, 26 Aug 2026, page 116
- 32. Exchange filing, 18 Mar 2026, page 1
- 33. Annual report, 26 Aug 2026, page 13
- 34. Annual report, 26 Aug 2026, page 12
- 35. Annual report, 26 Aug 2026, page 13
- 36. Annual report, 26 Aug 2026, page 12
- 37. Annual report, 26 Aug 2026, page 85
- 38. Exchange filing, 13 Mar 2026, page 2
- 39. Exchange filing, 4 Feb 2026, page 2
- 40. Annual report, 26 Aug 2026, page 256
Results
Consolidated; ₹ crore.Shipping Corporation of India quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +16.7%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +78.5%
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹1,847 Crup 22.03%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹619 Crup 53.07%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 33.5%
Revenue by quarter
Net profit by quarter, a loss in red
| ₹ crore | 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 |
| Net profit | 291 | 76 | 185 | 354 | 189 | 405 | 405 | 619 |
| Net margin | 20.1% | 5.7% | 14.0% | 26.9% | 14.1% | 25.1% | 26.7% | 33.5% |
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹5,780 Crup 3.10%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹1,353 Crup 60.38%
- Net margin
- 23.4%
Revenue by year
Net profit by year, a loss in red
- Net profit
- Loss
The years either side of a change of basis do not compare. From the year to Mar 2020, the company's revenue for that year, ₹4,425 Cr, differs from its quarters added, ₹4,503 Cr. From the year to Mar 2023, part of the business was demerged on 31 Mar 2023, and figures before the change include the part that left.
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,447 | 3,469 | 3,926 | 4,425 | 3,703 | 4,995 | 5,794 | 5,047 | 5,606 | 5,780 |
| Net profit | 176 | 307 | −63 | 336 | 696 | 865 | 870 | 679 | 844 | 1,353 |
| Net margin | 5.1% | 8.8% | −1.6% | 7.6% | 18.8% | 17.3% | 15.0% | 13.5% | 15.0% | 23.4% |
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- TankerTanker, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹3,942 Crup 9.22%67.8%
- Bulk CarrierBulk Carrier, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹789 Crup 10.91%13.6%
- LinerLiner, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹784 Crdown 24.32%13.5%
- Technical & OffshoreTechnical & Offshore, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹298 Crup 7.84%5.1%
Valuation
Today, against the company's own history. Its history crosses a change of basis in the accounts in the years to Mar 2020 and Mar 2023: days before it are of the company before the change.Shipping Corporation of India PE ratio and valuation
At or below today's level on 16% of 2,081 trading days over the last 10 years.
At or below today's level on 77% of 1,953 trading days since Nov 2018.
At or below today's level on 92% of 2,449 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | With the demerger reinvestedReturn with the demerger reinvested. The yearly price growth with the price before the demerger multiplied by the demerger's price factor (its opening price on the ex-date over the close before it), plus the average dividend yield: the return of a holder who put the value of the shares of the company that was split off back into this share on the ex-date. | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|---|
| 1 year | +36.3% | – | +60.4% | −17.1% | 3.4% |
| 3 years | +35.4% | – | +15.9% | +14.7% | 2.5% |
| 5 years | +16.4% | +22.3% | +14.2% | +0.4% | 1.7% |
Mutual fund holdings
45 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 40 of the 41 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 45 funds holding Shipping Corporation of India
- AddedAdded. Funds that held more shares than at the end of the month before.
- 12
- CutCut. Funds that held fewer shares than at the end of the month before.
- 29
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 4
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 2
| Fund | |||
|---|---|---|---|
| 10,39,875 | 0.77% | ₹28.1 Cr | |
| 3,40,000 | 0.25% | ₹9.20 Cr | |
| 2,85,430 | 0.24% | ₹7.72 Cr | |
| 2,61,483 | 0.20% | ₹7.07 Cr | |
| 2,05,188 | 0.20% | ₹5.55 Cr | |
| 1,32,829 | 0.20% | ₹3.59 Cr | |
| 94,221 | 0.21% | ₹2.55 Cr | |
| 59,559 | 0.21% | ₹1.61 Cr | |
| 57,119 | 0.20% | ₹1.55 Cr | |
| 33,593 | 0.20% | ₹0.91 Cr |
Shipping Corporation of India competitors and peers
Shipping, 14 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to Shipping Corporation of India in market cap.Services companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| 22,270 | 5.94 | 1.31 | +23.9% | +84.0% | 24.0% | 16.2% | 2.71% | |
| 13,690 | 85.68 | 17.81 | – | – | 20.8% | 17.9% | 0.12% | |
| 4,032 | 15.70 | 3.10 | +60.3% | +122.3% | 22.2% | 15.5% | 0.13% | |
| 713 | 8.77 | 2.29 | +77.4% | +200.2% | 30.0% | – | 0.00% | |
| 347 | – | 0.52 | −36.5% | – | – | −12.8% | 0.00% | |
| 304 | – | – | – | – | – | – | 0.00% | |
| 178 | 12.09 | – | +0.7% | +25.3% | 14.7% | 9.0% | 0.00% | |
| 106 | – | 0.85 | +51.2% | – | −7.9% | −4.1% | 0.00% |
Dividends
Per share, by the year it was paid for, and the latest payments.Shipping Corporation of India dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossary| Ex-date | Type | Per share |
|---|---|---|
| 4 Sep 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹1.00 |
| 17 Feb 2026 | Interim | ₹3.50 |
| 19 Nov 2025 | Interim | ₹3.00 |
| 4 Sep 2025 | Final | ₹6.59 |
| 6 Sep 2024 | Final | ₹0.50 |
| 1 Sep 2023 | Final | ₹0.44 |
Latest announcements
Routine notices left out.Shipping Corporation of India announcements
Oct 2026
6 Oct · Legal
Sep 2026
Shipping Corporation of India annual report, year to Mar 2026
Shipping Corporation of India share price by year
Each calendar year to 2025.Shipping Corporation of India share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 231.76 | +10.9% | 274.34 | 143.66 |
| 2024 | 208.92 | +28.3% | 345.65 | 163.90 |
| 2023Demerger | 162.90 | +19.8% | 169.05 | 80.95 |
| 2022 | 135.95 | +0.7% | 142.15 | 89.25 |
| 2021 | 134.95 | +52.7% | 157.20 | 83.05 |
| 2020 | 88.35 | +42.5% | 90.80 | 33.70 |
| 2019 | 62.00 | +28.8% | 68.50 | 25.35 |
| 2018 | 48.15 | −49.1% | 97.55 | 40.30 |
| 2017 | 94.60 | +61.7% | 109.15 | 60.30 |
| 2016 | 58.50 | −37.3% | 96.15 | 55.40 |
Recent sessions
The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 27 Oct 2026 | 248.00 | 258.00 | 242.70 | 244.30 | 248.74 | 27,46,153 | 36.6% |
| 26 Oct 2026 | 238.00 | 251.00 | 234.65 | 246.90 | 245.33 | 27,18,334 | 29.9% |
| 23 Oct 2026 | 252.50 | 252.50 | 233.45 | 237.80 | 239.14 | 44,05,453 | 45.4% |
| 22 Oct 2026 | 260.00 | 261.80 | 250.10 | 251.85 | 254.76 | 23,68,361 | 41.0% |
| 21 Oct 2026 | 276.95 | 277.55 | 256.10 | 260.20 | 264.62 | 25,16,632 | 44.4% |
| 19 Oct 2026 | 284.70 | 285.05 | 274.20 | 275.80 | 279.14 | 13,66,053 | 41.0% |
| 16 Oct 2026 | 283.30 | 287.60 | 281.80 | 284.90 | 284.90 | 12,15,758 | 38.0% |
| 15 Oct 2026 | 289.00 | 289.00 | 282.15 | 284.00 | 284.79 | 13,52,931 | 41.0% |
| 14 Oct 2026 | 281.10 | 292.00 | 280.90 | 289.00 | 289.04 | 37,06,684 | 30.2% |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus share history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 31 Mar 2023 | Demerger | 0.7758 | Part of the business became a separate company. The factor is the opening price on the ex-date divided by the previous close. The chart shows earlier prices with the demerger reinvested. |
| 29 Oct 2008 | Bonus | 0.6667 | Holders received 1 bonus share for every 2 held. |
Company details
- NSE symbol
- SCI
- BSE code
- 523598
- ISIN
- INE109A01011
- Industry
- Transport Services
- Website
- www.shipindia.com
- CIN
- L63030MH1950GOI008033
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1950
- Registered office
- 245 Madam Cama Road, Shipping House, Mumbai 400021, Maharashtra
- Share registrar
- Alankit Assignments Ltd
- Keeps the register of shareholders and handles transfers and dividend payments