Shipping Corporation of India (NSE:SCI) Seems To Use Debt Rather Sparingly
Dec 18
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Indian (NIFTY) Marine Industry Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies11
- 7D-6.0%
- 3M-13.9%
- 1Y14.7%
- YTDn/a
Over the last 7 days, the Marine industry has dropped 5.2%, driven by a pullback from Shipping Corporation of India of 5.6%. Meanwhile, Lancer Container Lines actually outperformed within the industry, gaining 15% in the last week. In the past year, the industry has gained 22%.
Industry Valuation and Performance
Has the Indian Marine Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 21 Dec 2024 | ₹154.0b | ₹77.1b | ₹11.7b | 21.6x | 13.1x | 2x |
| Mon, 18 Nov 2024 | ₹147.5b | ₹77.0b | ₹11.7b | 21.5x | 12.6x | 1.9x |
| Wed, 16 Oct 2024 | ₹159.4b | ₹72.7b | ₹8.9b | 20.5x | 17.9x | 2.2x |
| Fri, 13 Sep 2024 | ₹164.0b | ₹72.7b | ₹8.9b | 20.4x | 18.4x | 2.3x |
| Sun, 11 Aug 2024 | ₹167.4b | ₹72.2b | ₹8.9b | 21.3x | 18.8x | 2.3x |
| Tue, 09 Jul 2024 | ₹174.5b | ₹68.9b | ₹7.7b | 20.1x | 22.7x | 2.5x |
| Thu, 06 Jun 2024 | ₹148.6b | ₹69.5b | ₹7.8b | 19.2x | 19.1x | 2.1x |
| Sat, 04 May 2024 | ₹152.7b | ₹73.0b | ₹8.8b | 27.2x | 17.4x | 2.1x |
| Mon, 01 Apr 2024 | ₹147.0b | ₹73.0b | ₹8.8b | 14.8x | 16.8x | 2x |
| Wed, 28 Feb 2024 | ₹161.8b | ₹73.1b | ₹8.7b | 15.3x | 18.6x | 2.2x |
| Fri, 26 Jan 2024 | ₹153.7b | ₹75.1b | ₹10.5b | 20.6x | 14.6x | 2x |
| Sun, 24 Dec 2023 | ₹127.3b | ₹75.1b | ₹10.5b | 14.3x | 12.1x | 1.7x |
| Tue, 21 Nov 2023 | ₹112.6b | ₹75.1b | ₹10.5b | 19.4x | 10.7x | 1.5x |
| Thu, 19 Oct 2023 | ₹121.5b | ₹80.1b | ₹11.9b | 13.6x | 10.2x | 1.5x |
| Sat, 16 Sep 2023 | ₹115.6b | ₹79.9b | ₹11.9b | 13.2x | 9.7x | 1.4x |
| Mon, 14 Aug 2023 | ₹90.6b | ₹80.3b | ₹11.9b | 16.3x | 7.6x | 1.1x |
| Wed, 12 Jul 2023 | ₹81.5b | ₹84.6b | ₹12.0b | 14.1x | 6.8x | 1x |
| Fri, 09 Jun 2023 | ₹82.9b | ₹84.8b | ₹12.0b | 13.7x | 6.9x | 1x |
| Sun, 07 May 2023 | ₹77.6b | ₹83.7b | ₹10.8b | 14.4x | 7.2x | 0.9x |
| Tue, 04 Apr 2023 | ₹70.0b | ₹79.4b | ₹10.7b | 14.6x | 6.5x | 0.9x |
| Thu, 02 Mar 2023 | ₹87.8b | ₹79.4b | ₹10.7b | 15.8x | 8.2x | 1.1x |
| Sat, 28 Jan 2023 | ₹95.8b | ₹80.3b | ₹11.2b | 14.2x | 8.5x | 1.2x |
| Mon, 26 Dec 2022 | ₹90.9b | ₹80.3b | ₹11.2b | 12.8x | 8.1x | 1.1x |
| Wed, 23 Nov 2022 | ₹96.4b | ₹78.3b | ₹12.4b | 15.2x | 7.8x | 1.2x |
| Fri, 21 Oct 2022 | ₹88.3b | ₹75.8b | ₹12.1b | 12.7x | 7.3x | 1.2x |
| Sun, 18 Sep 2022 | ₹84.6b | ₹74.9b | ₹12.1b | 11.8x | 7x | 1.1x |
| Tue, 16 Aug 2022 | ₹77.6b | ₹68.9b | ₹11.7b | 15.4x | 6.7x | 1.1x |
| Thu, 14 Jul 2022 | ₹69.3b | ₹68.7b | ₹12.9b | 9.2x | 5.4x | 1x |
| Sat, 11 Jun 2022 | ₹74.8b | ₹68.8b | ₹12.9b | 9.2x | 5.8x | 1.1x |
| Mon, 09 May 2022 | ₹81.8b | ₹74.5b | ₹12.2b | 9.4x | 6.7x | 1.1x |
| Wed, 06 Apr 2022 | ₹82.5b | ₹68.8b | ₹11.4b | 14.7x | 7.2x | 1.2x |
| Fri, 04 Mar 2022 | ₹82.2b | ₹68.8b | ₹11.4b | 13.6x | 7.2x | 1.2x |
| Sun, 30 Jan 2022 | ₹83.2b | ₹59.8b | ₹9.0b | 15.1x | 9.2x | 1.4x |
| Tue, 28 Dec 2021 | ₹87.6b | ₹59.8b | ₹9.0b | 13.4x | 9.7x | 1.5x |
Price to Earnings Ratio
9.7x
Current Industry PE
- Investors are optimistic on the Indian Marine industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 13.6x which is higher than its 3-year average PE of 11.2x.
- The 3-year average PS ratio of 1.5x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
- The earnings for companies in the Marine industry have grown 9.0% per year over the last three years.
- Revenues for these companies have grown 8.8% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Indian Marine compare with similar industries?
| IN Market | -4.25% | |
| Industrials | -5.27% | |
| Marine and Shipping | -5.99% | |
| Marine | -5.99% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 539841 Lancer Container Lines | ₹39.16 | 11.1% +₹933.3m | -55.6% | PE16.4x | |
| 526508 Shahi Shipping | ₹22.52 | 5.9% +₹18.1m | 234.1% | PE32.7x | |
| 543618 Cargotrans Maritime | ₹88.75 | 1.4% +₹5.1m | 20.0% | PE16.5x |