profit from every ₹100 of sales.

The Shipping Corporation of India
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
You pay ₹9.33 for every ₹1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What The Shipping Corporation of India sold, what it kept, and what it did with the cash.
Sales went from ₹57.7 billion in 2023 to ₹57.8 billion in 2026, with ₹13.5 billion of profit last year.
The Shipping Corporation of India vs. similar companies
The Shipping Corporation of India grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
The Shipping Corporation of India | 9.3× · Cheap | ||
Adani Ports and Special Economic Zone | 34.2× · Expensive | ||
A.P. Møller - Mærsk | 16.0× · Fair price | ||
Cosco Shipping | 7.1× · Cheap | ||
Hapag-Lloyd | 24.8× · Fair price |
AI analysis
An AI analyst reads The Shipping Corporation of India's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 57,704 | 50,320 | 56,058 | 57,798 | |
| 11,125 | 6,914 | 9,806 | 13,620 | |
| 10,031 | 5,640 | 8,130 | 11,216 | |
| 16,756 | 16,883 | 19,894 | 26,601 | |
| 8,702 | 6,790 | 8,436 | 13,529 | |
| 18.68 | 14.58 | 18.11 | – | |
| 19.3% | 13.7% | 17.5% | 23.6% | |
| 17.4% | 11.2% | 14.5% | 19.4% | |
| 15.1% | 13.5% | 15.0% | 23.4% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 114,430 | 120,999 | 117,011 | 133,185 |
| Cash | 3,168 | 8,384 | 1,357 | 1,149 |
| Total debt | 26,046 | 29,142 | 22,285 | 26,793 |
| Total liabilities | 45,407 | 45,604 | 33,893 | 42,222 |
| 69,023 | 75,395 | 83,117 | 90,963 | |
| 466 | 466 | 466 | – | |
| 7.3% | 5.7% | 7.4% | 10.2% | |
| 12.6% | 9.0% | 10.1% | 14.9% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 14,654 | 9,941 | 8,495 | 13,432 | |
| 4,758 | 5,118 | 2,919 | 15,504 | |
| 9,896 | 4,823 | 5,576 | -2,072 | |
| Dividends paid | 153 | 204 | 232 | 6,088 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 9.3×
- –
- –
- 1.5×
- 2.2×
- –
- 5.7×
- -1.6%
- 10.7%
- 4.8%
Profitability
- 23.6%
- 19.4%
- 23.4%
- –
- 10.2%
- 7.6%
- –
- –
- –
- –
Growth
- +0.1%
- –
- –
- –
- +0.0%
Financial health
- 1.0×
- 0.29
- –
- 9.2×
- 2.23
- –
- –
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
How safe it looks
45.0% of its profit
Room to growStretchedMore than it earnsNews
EuroDry swings to profit as shipping rates surge, beating estimatesSeeking Alpha · Nov 11, 2026Genco Shipping raises quarterly dividend by 31.3% to $1.05/shareSeeking Alpha · Nov 5, 2026SCI expects $1.10-$1.20 Q4 2026 EPS as it targets preneed momentum despite weaker funeral volumesSeeking Alpha · Oct 30, 2026COSCO SHIPPING Holdings reports Q3 resultsSeeking Alpha · Oct 29, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about The Shipping Corporation of India
Is The Shipping Corporation of India a good stock to buy?
A strong, very profitable business, and the price looks low. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the The Shipping Corporation of India AI analysis
What does The Shipping Corporation of India do?
The Shipping Corporation of India Limited, a marginal liner shipping company, engages in the business of transporting goods in India. It operates through Liner, Bulk, Tanker, and Technical & Offshore segments. It is in Marine Shipping, based in Mumbai, India.
Does The Shipping Corporation of India pay a dividend?
Yes. At today's price the dividend is 4.8% a year, about 45% of its yearly profit. In 2026 it paid out ₹6.09 billion in dividends.
Is The Shipping Corporation of India stock halal?
Yes. The Shipping Corporation of India passes our halal screen: its business is permitted and its debt is 21% of its market value, under the 30% limit. How we check
How has The Shipping Corporation of India stock done over the past year?
Up 30.5% over the past twelve months, to ₹271.00. It traded between ₹201.74 and ₹344.70 and is 21.4% below its high.
Who are The Shipping Corporation of India's competitors?
The largest listed companies in the same industry are Adani Ports and Special Economic Zone, A.P. Møller - Mærsk, Cosco Shipping and Hapag-Lloyd. The peers table on this page compares their profit, growth and price with The Shipping Corporation of India's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



