523598 Stock Overview
The Shipping Corporation of India Limited provides shipping services in India, Singapore, and internationally.
No risks detected for 523598 from our risk checks.
Shipping Corporation of India Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹121.40|
|52 Week High||₹160.20|
|52 Week Low||₹93.10|
|1 Month Change||-9.00%|
|3 Month Change||3.76%|
|1 Year Change||6.31%|
|3 Year Change||265.66%|
|5 Year Change||67.45%|
|Change since IPO||462.91%|
Recent News & Updates
|523598||IN Shipping||IN Market|
Return vs Industry: 523598 underperformed the Indian Shipping industry which returned 19.4% over the past year.
Return vs Market: 523598 underperformed the Indian Market which returned 9.6% over the past year.
|523598 Average Weekly Movement||7.9%|
|Shipping Industry Average Movement||8.1%|
|Market Average Movement||7.3%|
|10% most volatile stocks in IN Market||10.0%|
|10% least volatile stocks in IN Market||4.8%|
Stable Share Price: 523598 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: 523598's weekly volatility (8%) has been stable over the past year.
About the Company
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.
Shipping Corporation of India Fundamentals Summary
|523598 fundamental statistics|
Is 523598 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|523598 income statement (TTM)|
|Cost of Revenue||₹33.87b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||18.57|
|Net Profit Margin||17.32%|
How did 523598 perform over the long term?See historical performance and comparison
0.3%Current Dividend Yield
Is Shipping Corporation of India undervalued compared to its fair value and its price relative to the market?
Valuation Score 5/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 523598 (₹121.4) is trading below our estimate of fair value (₹529.28)
Significantly Below Fair Value: 523598 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 523598 is good value based on its PE Ratio (6.5x) compared to the Indian Shipping industry average (9.1x).
PE vs Market: 523598 is good value based on its PE Ratio (6.5x) compared to the Indian market (20.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 523598's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 523598 is good value based on its PB Ratio (0.6x) compared to the IN Shipping industry average (2.5x).
How is Shipping Corporation of India forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Transportation industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Shipping Corporation of India has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Shipping Corporation of India performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 523598 has high quality earnings.
Growing Profit Margin: 523598's current net profit margins (17.3%) are lower than last year (18.8%).
Past Earnings Growth Analysis
Earnings Trend: 523598's earnings have grown significantly by 33.9% per year over the past 5 years.
Accelerating Growth: 523598's earnings growth over the past year (24.3%) is below its 5-year average (33.9% per year).
Earnings vs Industry: 523598 earnings growth over the past year (24.3%) underperformed the Shipping industry 154.1%.
Return on Equity
High ROE: 523598's Return on Equity (9.5%) is considered low.
How is Shipping Corporation of India's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 523598's short term assets (₹53.4B) exceed its short term liabilities (₹29.2B).
Long Term Liabilities: 523598's short term assets (₹53.4B) exceed its long term liabilities (₹22.4B).
Debt to Equity History and Analysis
Debt Level: 523598's net debt to equity ratio (19.5%) is considered satisfactory.
Reducing Debt: 523598's debt to equity ratio has reduced from 79.7% to 34.9% over the past 5 years.
Debt Coverage: 523598's debt is well covered by operating cash flow (51.7%).
Interest Coverage: 523598's interest payments on its debt are well covered by EBIT (3.6x coverage).
What is Shipping Corporation of India current dividend yield, its reliability and sustainability?
Dividend Score 1/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 523598's dividend (0.27%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.35%).
High Dividend: 523598's dividend (0.27%) is low compared to the top 25% of dividend payers in the Indian market (1.59%).
Stability and Growth of Payments
Stable Dividend: 523598's dividend payments have been volatile in the past 10 years.
Growing Dividend: 523598's dividend payments have fallen over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (1.8%), 523598's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (1.3%), 523598's dividend payments are thoroughly covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Harjeet Joshi (59 yo)
Mrs. Harjeet Kaur Joshi has been Chairman and Managing Director of The Shipping Corporation of India Limited since September 12, 2019 and its Director of Finance since February 05, 2015. She also served as...
CEO Compensation Analysis
Compensation vs Market: Harjeet's total compensation ($USD67.65K) is below average for companies of similar size in the Indian market ($USD344.63K).
Compensation vs Earnings: Harjeet's compensation has been consistent with company performance over the past year.
Experienced Management: 523598's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Experienced Board: 523598's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
The Shipping Corporation of India Limited's employee growth, exchange listings and data sources
- Name: The Shipping Corporation of India Limited
- Ticker: 523598
- Exchange: BSE
- Founded: 1950
- Industry: Marine
- Sector: Transportation
- Implied Market Cap: ₹56.548b
- Shares outstanding: 465.80m
- Website: https://www.shipindia.com
Number of Employees
- The Shipping Corporation of India Limited
- Shipping House
- 245, Madame Cama Road
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/21 00:00|
|End of Day Share Price||2022/05/20 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.