Basic Company Details Parameters Details: Shipping Corporation of India LTD
Basic Company Details Parameters Details: Shipping Corporation of India LTD
Parameters Details
Company SHIPPING CORPORATION OF INDIA LTD
Current Stock Price (Rs) 231
Face Value (Rs) 10.0
No. of Shares (Crore) 46.6
Market Capitalization (Rs Crore) 10,741
Net Block 11,444 11,827 11,411 11,348 11,119 10,653 10,174 7,624 7,403 7,004
Capital Work in Progres 491 - 27 8 8 3 33 58 34 42
Investments 90 66 75 131 77 77 77 78 79 79
Other Assets 2,903 2,824 2,975 2,882 2,951 3,000 2,853 2,700 3,396 4,398
Total 14,929 14,717 14,487 14,369 14,155 13,733 13,137 10,461 10,912 11,523
Working Capital 1,341 675 812 1,196 1,055 1,332 1,297 1,017 1,460 2,752
Debtors 788 682 659 663 599 606 630 637 1,018 1,410
Inventory 92 86 115 117 160 131 88 175 150 174
Cash & Bank** 0 1 2
** Manually enter the Cash & Bank number; Convert to Rs Crore if not already done in the Annual Reports; Use Cash+Bank+Current Investments from Consolidated Balance Sheet in Annual Reports
Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 Mar-27 Mar-28 Mar-29 Mar-30 Terminal Value
EBITDA 4455.8 6607.6 9797.8 14527.3 21538.3 31930.7 47334.1 70163.3 103995.3 154129.4
Capex 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
WC Investment -726.0 -1085.3 -1622.4 -2425.4 -3625.8 -5420.3 -8102.9 -12113.3 -18108.5 -27070.9
FCFF 3729.9 5522.3 8175.4 12101.9 17912.5 26510.4 39231.2 58050.0 85886.8 127058.5 827,742.9
Discount Rate 16.35% 16.35% 16.35% 16.35% 16.35% 16.35% 16.35% 16.35% 16.35% 16.35%
Year 1 2 3 4 5 6 7 8 9 10
PV of CF 3206 4079.3 5190.5 6603.7 8400.9 10686.1 13591.5 17285.1 21980.1 210014.4
Sum of PVFCF 301037
PV of Equity 298125
PV per share 6400
Cash Flow Statement
SHIPPING CORPORATION OF INDIA LTD TREND OVER YEARS
Rs Cr Mar-15 Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Total 9 YEARS 7 YEARS 5 YEARS 3 YEARS
Cash from Operating Activity (CF 2,100 1,490 683 228 668 945 1,341 1,441 1,466 995 11,357 -8.0% 5.5% 8.3% -9.5%
% Growth YoY -29% -54% -67% 193% 41% 42% 8% 2% -32%
Cash from Investing Activity -253 -11 -86 -471 -72 324 -207 -730 -502 -574 -2,581
Cash from Financing Activity -1,609 -1,095 -522 -87 -743 -1,120 -1,154 -653 -930 103 -7,810
Net Cash Flow 237 384 74 -329 -146 149 -21 59 34 524 966
CFO/Sales 50% 37% 20% 7% 17% 21% 36% 29% 25% 20%
CFO/Net Profit 1045% 198% 480% 90% -548% 312% 217% 182% 183% 163%
Capex** 0 0 1 #DIV/0! #DIV/0! #DIV/0! #DIV/0!
FCF 2,100 1,490 683 228 668 945 1,341 1,441 1,466 994 11,355 -8.0% 5.5% 8.3% -9.5%
Average FCF (3 Years) 1,300
FCF Growth YoY -29% -54% -67% 193% 41% 42% 8% 2% -32%
FCF/Sales 50% 37% 20% 7% 17% 21% 36% 29% 25% 20%
FCF/Net Profit 1045% 198% 480% 90% -548% 312% 217% 182% 183% 162%
Key Ratios
SHIPPING CORPORATION OF INDIA LTD
Mar-15 Mar-16 Mar-17 Mar-18 Mar-19 Mar-20
Sales Growth -3.3% -14.9% 0.6% 11.6% 14.3%
Expenses Growth -20.0% -0.8% 4.7% 13.1% 3.9%
Sustainable Growth Rate 3.1% 11.2% 2.1% 3.6% -1.7% 3.7%
Gross Profit Growth -3.3% -14.9% 0.6% 11.6% 14.3%
PBT Growth 185.9% -76.5% -84.1% -353.9% -564.3%
Net Profit Growth 274.9% -81.1% 78.3% -148.1% -347.8%
Dividend Growth #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Dividend Payout 0.0% 0.0% 0.0% 0.0% 0.0% 11.6%
Free Cash Flow (Rs Cr) 2,100 1,490 683 228 668 945
Operating Cash Flow Growth -29.0% -54.2% -66.5% 192.6% 41.4%
Free Cash Flow Growth -29.0% -54.2% -66.5% 192.6% 41.4%
FCF/Sales 50% 37% 20% 7% 17% 21%
CFO/Total Assets 14% 10% 5% 2% 5% 7%
CFO/Total Debt 31% 25% 12% 4% 13% 20%
Cash Interest Coverage 13.0 8.8 5.2 1.0 3.0 3.7
CFO/Capex #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Payable Days
DIA LTD
Mar-21 Mar-22 Mar-23 Mar-24
-16.3% 34.7% 16.2% -12.9%
-22.7% 36.1% 22.6% -14.5%
7.7% 13.9% 12.2% 8.5%
-16.3% 34.7% 16.2% -12.9%
82.7% 31.4% -12.1% -21.1%
104.4% 27.8% 1.3% -23.5%
-66.7% 32.0% 33.4% 13.6%
1.9% 1.9% 2.6% 3.8%
heet
### ### ###
4% 4% 4%
49% 54% 56%
31% 24% 25%
16% 18% 14%
100% 100% 100%
73% 68% 61%
1% 0% 0%
1% 1% 1%
26% 31% 38%
100% 100% 100%
6% 9% 12%
2% 1% 2%
4% 5% 11%
Quarterly Performance
SHIPPING CORPORATION OF INDIA LTD
Narration Jun-22 Sep-22 Dec-22 Mar-23 Jun-23 Sep-23 Dec-23 Mar-24 Jun-24 Sep-24 TTM
Sales 1,462 1,420 1,496 1,418 1,200 1,093 1,341 1,412 1,514 1,451 5,718
% Growth YOY -18% -23% -10% 0% 26% 33%
Expenses 1,163 1,098 1,027 953 837 857 923 1,005 1,004 917 3,849
Operating Profit 299 322 469 465 363 236 417 407 510 534 1,868
Other Income 28 38 25 34 27 69 22 98 44 40 204
Depreciation 172 190 195 196 197 200 251 241 220 234 945
Interest 50 47 38 50 35 56 40 40 40 43 164
Profit before tax 105 123 262 254 157 49 149 224 294 297 963
PBT Margin 7% 9% 17% 18% 13% 4% 11% 16% 19% 20%
% Growth YOY 49% -60% -43% -12% 87% 510%
Tax 12 12 16 -106 10 8 17 -68 7 7 -38
Net profit 94 111 246 360 147 41 132 292 287 290 1,001
% Growth YOY 57% -63% -46% -19% 95% 613%
OPM 20% 23% 31% 33% 30% 22% 31% 29% 34% 37%
EPS 2 2 5 8 3 1 3 6 6 6 21
EPS Growth 18% 122% 46% -59% -72% 225% 121% -2% 1% 245%
Price 231
PE - - - - 0 -0 -0 -0 0 10.7
PEG 0 0 0 0 0 0 0 0 0 24.58
COMPANY NAME SHIPPING CORPORATION OF INDIA
LATEST VERSION 2.10 PLEASE DO NOT MAKE AN
CURRENT VERSION 2.10
META
Number of shares 46.58
Face Value 10
Current Price 230.59
Market Capitalization 10740.88
Quarters
Report Date Jun-22 Sep-22 Dec-22 Mar-23 Jun-23
Sales 1462.14 1420.4 1496.23 1418.14 1200.11
Expenses 1162.94 1098.04 1026.82 953.26 836.92
Other Income 28.15 37.87 24.89 34.07 26.96
Depreciation 172.16 190.47 194.77 195.82 197.35
Interest 49.91 46.81 37.9 49.57 35.46
Profit before tax 105.28 122.95 261.63 253.56 157.34
Tax 11.65 12.11 15.81 -106.27 9.92
Net profit 93.63 110.84 245.82 359.83 147.42
Operating Profit 299.2 322.36 469.41 464.88 363.19
BALANCE SHEET
Report Date Mar-15 Mar-16 Mar-17 Mar-18 Mar-19
Equity Share Capital 465.8 465.8 465.8 465.8 465.8
Reserves 6067.8 6257.68 6366.97 6631.76 6515.41
Borrowings 6833.16 5844.76 5492.29 5585.37 5277.45
Other Liabilities 1561.85 2148.28 2162.15 1685.61 1896.01
Total 14928.61 14716.52 14487.21 14368.54 14154.67
Net Block 11444.46 11827.21 11410.68 11348 11119.09
Capital Work in Progress 490.93 27.33 7.81 7.63
Investments 90.14 65.73 74.63 130.87 77.14
Other Assets 2903.08 2823.58 2974.57 2881.86 2950.81
Total 14928.61 14716.52 14487.21 14368.54 14154.67
Receivables 787.82 681.83 658.7 662.64 598.92
Inventory 91.93 85.58 115.21 116.53 159.79
Cash & Bank 1256.16 1285.46 1375.65 1111.31 998.16
No. of Equity Shares 465799010 4.66E+08 465799010 465799010 465799010
New Bonus Shares
Face value 10 10 10 10 10
CASH FLOW:
Report Date Mar-15 Mar-16 Mar-17 Mar-18 Mar-19
Cash from Operating Activit 2099.65 1490.04 682.51 228.35 668.23
Cash from Investing Activity -253.08 -11.13 -85.68 -470.67 -71.66
Cash from Financing Activit -1609.34 -1094.62 -522.42 -87.13 -742.97
Net Cash Flow 237.23 384.29 74.41 -329.45 -146.4
PRICE: 36 50 59 49 29
DERIVED:
Adjusted Equity Shares in C 46.58 46.58 46.58 46.58 46.58
PLEASE DO NOT MAKE ANY CHANGES TO THIS SHEET
10 10 10 10 10
29 85 89 94 209
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