Shipping Corporation of India Ltd (SCI) is a government-owned company that helps transport goods and people across the sea. It was started in 1961 and is the largest shipping company in India.
Shipping Corporation of India is very important for India’s trade because it carries oil, gas, coal, and other goods between different countries and cities, Shipping Corporation of India owns many big ships, including oil tankers, cargo ships, and passenger vessels. These ships travel across the world, helping India do business with other countries. The company also plays a key role in supporting India’s defense, emergency relief, and maritime training.
The headquarters of SCI is in Mumbai, Maharashtra. Since it is owned by the Government of India, it works under the Ministry of Ports, Shipping & Waterways.
Shipping Corporation of India Share Price Target (2025-2030)
Year | Target Price Range (₹) |
---|---|
2025 | ₹200 – ₹240 |
2026 | ₹250 – ₹280 |
2027 | ₹300 – ₹340 |
2028 | ₹350 – ₹390 |
2029 | ₹400 – ₹450 |
2030 | ₹480 – ₹550 |
Shipping Corporation of India Share Price Target 2025
In 2025, the stock price is expected to be ₹200 to ₹240. As the company grows and makes more profit, the price may increase.
Shipping Corporation of India Share Price Target 2026
By 2026, the price may reach ₹250 to ₹280. This growth depends on how well the company performs and how the shipping industry is doing.
Shipping Corporation of India Share Price Target 2027
In 2027, the stock price could rise to ₹300 to ₹340. If the company expands its business and earns more, investors may buy more shares, increasing the price.
Shipping Corporation of India Share Price Target 2028
By 2028, the stock may reach ₹350 to ₹390. As India’s trade increases, the demand for shipping services may also grow, helping SCI’s stock price.
Shipping Corporation of India Share Price Target 2029
In 2029, the expected stock price is ₹400 to ₹450. If the company keeps making good profits, the share price may continue to rise.
Shipping Corporation of India Share Price Target 2030
By 2030, the stock could be ₹480 to ₹550. This means if someone invests today, they may see good returns in the future.
Shipping Corporation of India Ltd (SCI) Fundamentals
Metric | Value |
---|---|
Market Cap | ₹7,348 Cr |
P/E Ratio (TTM) | 7.61 |
P/B Ratio | 0.91 |
Industry P/E | 6.15 |
Debt to Equity | 0.29 |
ROE (Return on Equity) | 12.71% |
EPS (TTM) | 20.73 |
Dividend Yield | 0.32% |
Book Value | 173.05 |
Face Value | 10 |
Shipping Corporation of India Ltd (SCI) Income Statement (Dec ‘2024)
Particulars | Dec ‘2024 (₹ Cr) |
---|---|
Revenue | 1,337 |
Expenses | 1,264 |
EBITDA | 392.02 |
EBIT | 136.92 |
Profit Before Tax | 73.01 |
Net Profit | 64.80 |
Operating Profit Margin | 30.09% |
Net Profit Margin | 4.97% |
Earnings Per Share (Diluted) | 1.39 |
Dividends Per Share | 0.00 |
Read More: Oil India Share Price Target
Shipping Corporation of India Ltd (SCI) Balance Sheet (2024)
Particulars | 2024 (₹ Cr) |
---|---|
Total Assets | ₹12,100 Cr |
Current Assets | ₹3,649 Cr |
Non-Current Assets | ₹8,451 Cr |
Total Liabilities | ₹4,560 Cr |
Current Liabilities | ₹2,916 Cr |
Non-Current Liabilities | ₹1,644 Cr |
Total Equity | ₹7,540 Cr |
Common Stock | ₹465.80 Cr |
Other Equity Total | ₹7,074 Cr |
Total Common Shares Outstanding | 46.58 |
Debt to Equity Ratio | 0.38 |
Book Value | ₹161.86 |
Shipping Corporation of India Ltd (SCI) Shareholding Pattern (Dec ‘2024)
Category | Holding (%) |
---|---|
Promoters | 63.75% |
Retail and Others | 27.83% |
Foreign Institutions | 4.78% |
Other Domestic Institutions | 3.51% |
Mutual Funds | 0.13% |
Conclusion
The Shipping Corporation of India Ltd (SCI) is a big and important company in India’s shipping industry. Its stock price is expected to grow from ₹200 in 2025 to ₹550 in 2030. If the company keeps performing well, investors may get good returns. However, stock prices can change based on market conditions, so it’s always good to research before investing.
FAQ
Is Shipping Corporation of India a government company?
Yes, Shipping Corporation of India Ltd (SCI) is a government-owned company under the Ministry of Ports, Shipping & Waterways.
Does Shipping Corporation of India pay dividends?
Yes, SCI pays dividends, but the amount depends on the company’s profits and financial performance. In Dec 2024, the dividend per share was ₹0.00, meaning no dividend was paid at that time.
What are the risks of investing in Shipping Corporation of India?
Changes in fuel prices affecting shipping costs.
Global trade slowdown reducing demand for shipping.
Government policies and regulations impacting the business.
What type of ships does Shipping Corporation of India own?
Oil tankers (for transporting oil and gas)
Bulk carriers (for coal, iron ore, and other goods)
Container ships (for cargo and trade)
Passenger ships (for people and travel)