Shipping Corporation Of India Limited (SCI) - Net Assets
Based on the latest financial reports, Shipping Corporation Of India Limited (SCI) has net assets worth Rs90.96 Billion INR (≈ $983.73 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs133.19 Billion ≈ $1.44 Billion USD) and total liabilities (Rs42.22 Billion ≈ $456.62 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Shipping Corporation Of India Limited PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs90.96 Billion |
| % of Total Assets | 68.3% |
| Annual Growth Rate | 6.25% |
| 5-Year Change | 52.26% |
| 10-Year Change | 31.28% |
| Growth Volatility | 13.45 |
Shipping Corporation Of India Limited - Net Assets Trend (2004–2026)
This chart illustrates how Shipping Corporation Of India Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Shipping Corporation Of India Limited market cap and net worth.
Annual Net Assets for Shipping Corporation Of India Limited (2004–2026)
The table below shows the annual net assets of Shipping Corporation Of India Limited from 2004 to 2026. Also explore Shipping Corporation Of India Limited (SCI) equity growth momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs90.96 Billion ≈ $983.73 Million |
+9.44% |
| 2025-03-31 | Rs83.12 Billion ≈ $898.88 Million |
+10.24% |
| 2024-03-31 | Rs75.39 Billion ≈ $815.37 Million |
+9.23% |
| 2023-03-31 | Rs69.02 Billion ≈ $746.46 Million |
+15.54% |
| 2022-03-31 | Rs59.74 Billion ≈ $646.08 Million |
-26.85% |
| 2021-03-31 | Rs81.68 Billion ≈ $883.29 Million |
+9.14% |
| 2020-03-31 | Rs74.84 Billion ≈ $809.33 Million |
+4.18% |
| 2019-03-31 | Rs71.83 Billion ≈ $776.84 Million |
-0.70% |
| 2018-03-31 | Rs72.34 Billion ≈ $782.35 Million |
+4.41% |
| 2017-03-31 | Rs69.29 Billion ≈ $749.32 Million |
+0.29% |
| 2016-03-31 | Rs69.08 Billion ≈ $747.11 Million |
+5.74% |
| 2015-03-31 | Rs65.34 Billion ≈ $706.58 Million |
+3.06% |
| 2014-03-31 | Rs63.40 Billion ≈ $685.63 Million |
-4.18% |
| 2013-03-31 | Rs66.16 Billion ≈ $715.51 Million |
-1.75% |
| 2012-03-31 | Rs67.34 Billion ≈ $728.29 Million |
-6.05% |
| 2011-03-31 | Rs71.68 Billion ≈ $775.21 Million |
+13.12% |
| 2010-03-31 | Rs63.37 Billion ≈ $685.32 Million |
+2.07% |
| 2009-03-31 | Rs62.08 Billion ≈ $671.42 Million |
+10.23% |
| 2008-03-31 | Rs56.32 Billion ≈ $609.09 Million |
+10.44% |
| 2007-03-31 | Rs51.00 Billion ≈ $551.52 Million |
+16.96% |
| 2006-03-31 | Rs43.60 Billion ≈ $471.53 Million |
+21.38% |
| 2005-03-31 | Rs35.92 Billion ≈ $388.47 Million |
+49.86% |
| 2004-03-31 | Rs23.97 Billion ≈ $259.23 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shipping Corporation Of India Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2181.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs23.19 Billion | 25.49% |
| Common Stock | Rs4.66 Billion | 5.12% |
| Other Comprehensive Income | Rs57.90 Billion | 63.65% |
| Other Components | Rs5.22 Billion | 5.74% |
| Total Equity | Rs90.96 Billion | 100.00% |
Shipping Corporation Of India Limited Competitors by Market Cap
The table below lists competitors of Shipping Corporation Of India Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BigBearai Holdings Inc
NYSE:BBAI
|
$1.36 Billion |
|
Neway CNC Equipment Suzhou Co Ltd
SHG:688697
|
$1.36 Billion |
|
Hangzhou DPtech Technologies Co Ltd
SHE:300768
|
$1.36 Billion |
|
Canfor Corporation
TO:CFP
|
$1.36 Billion |
|
Godrej Agrovet Limited
NSE:GODREJAGRO
|
$1.36 Billion |
|
Bright Dairy & Food Co Ltd
SHG:600597
|
$1.36 Billion |
|
LIBERTY LAT.AMER.C DL-01
F:1LLC
|
$1.36 Billion |
|
Nancal Energy-Saving Tech Co
SHG:603859
|
$1.36 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shipping Corporation Of India Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 83,117,500,000 to 90,962,900,000, a change of 7,845,400,000 (9.4%).
- Net income of 13,529,200,000 contributed positively to equity growth.
- Dividend payments of 6,087,900,000 reduced retained earnings.
- Other comprehensive income increased equity by 2,324,600,000.
- Other factors decreased equity by 1,920,500,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs13.53 Billion | +14.87% |
| Dividends Paid | Rs6.09 Billion | -6.69% |
| Other Comprehensive Income | Rs2.32 Billion | +2.56% |
| Other Changes | Rs-1.92 Billion | -2.11% |
| Total Change | Rs- | 9.44% |
Book Value vs Market Value Analysis
This analysis compares Shipping Corporation Of India Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.38x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.77x to 1.38x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-03-31 | Rs56.61 | Rs270.00 | x |
| 2005-03-31 | Rs84.83 | Rs270.00 | x |
| 2006-03-31 | Rs102.97 | Rs270.00 | x |
| 2007-03-31 | Rs120.43 | Rs270.00 | x |
| 2008-03-31 | Rs133.00 | Rs270.00 | x |
| 2009-03-31 | Rs146.61 | Rs270.00 | x |
| 2010-03-31 | Rs149.65 | Rs270.00 | x |
| 2011-03-31 | Rs164.41 | Rs270.00 | x |
| 2012-03-31 | Rs144.58 | Rs270.00 | x |
| 2013-03-31 | Rs142.04 | Rs270.00 | x |
| 2014-03-31 | Rs136.11 | Rs270.00 | x |
| 2015-03-31 | Rs140.27 | Rs270.00 | x |
| 2016-03-31 | Rs148.31 | Rs270.00 | x |
| 2017-03-31 | Rs148.75 | Rs270.00 | x |
| 2018-03-31 | Rs155.31 | Rs270.00 | x |
| 2019-03-31 | Rs154.21 | Rs270.00 | x |
| 2020-03-31 | Rs160.66 | Rs270.00 | x |
| 2021-03-31 | Rs175.34 | Rs270.00 | x |
| 2022-03-31 | Rs128.26 | Rs270.00 | x |
| 2023-03-31 | Rs148.18 | Rs270.00 | x |
| 2024-03-31 | Rs161.86 | Rs270.00 | x |
| 2025-03-31 | Rs178.44 | Rs270.00 | x |
| 2026-03-31 | Rs195.32 | Rs270.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shipping Corporation Of India Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.87%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.41%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.46x
- Recent ROE (14.87%) is above the historical average (9.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 26.16% | 21.38% | 0.58x | 2.11x | Rs3.87 Billion |
| 2005 | 39.53% | 41.81% | 0.55x | 1.72x | Rs10.61 Billion |
| 2006 | 23.90% | 29.52% | 0.52x | 1.56x | Rs6.06 Billion |
| 2007 | 19.89% | 27.40% | 0.48x | 1.52x | Rs5.05 Billion |
| 2008 | 14.45% | 21.84% | 0.46x | 1.44x | Rs2.51 Billion |
| 2009 | 15.15% | 22.58% | 0.41x | 1.62x | Rs3.20 Billion |
| 2010 | 5.95% | 10.88% | 0.34x | 1.63x | Rs-2.57 Billion |
| 2011 | 7.91% | 16.01% | 0.27x | 1.81x | Rs-1.49 Billion |
| 2012 | -6.36% | -11.21% | 0.27x | 2.08x | Rs-11.02 Billion |
| 2013 | -1.73% | -2.75% | 0.26x | 2.43x | Rs-7.76 Billion |
| 2014 | -4.33% | -6.61% | 0.26x | 2.56x | Rs-9.09 Billion |
| 2015 | 3.08% | 4.84% | 0.27x | 2.33x | Rs-4.52 Billion |
| 2016 | 5.64% | 9.17% | 0.27x | 2.24x | Rs-3.01 Billion |
| 2017 | 2.53% | 5.15% | 0.23x | 2.10x | Rs-5.17 Billion |
| 2018 | 4.24% | 9.09% | 0.23x | 2.01x | Rs-4.17 Billion |
| 2019 | -0.87% | -1.62% | 0.27x | 2.00x | Rs-7.81 Billion |
| 2020 | 4.50% | 7.68% | 0.31x | 1.86x | Rs-4.12 Billion |
| 2021 | 8.52% | 18.86% | 0.28x | 1.64x | Rs-1.21 Billion |
| 2022 | 14.40% | 17.45% | 0.45x | 1.82x | Rs2.63 Billion |
| 2023 | 12.61% | 15.08% | 0.50x | 1.66x | Rs1.80 Billion |
| 2024 | 9.01% | 13.49% | 0.42x | 1.60x | Rs-749.80 Million |
| 2025 | 10.15% | 15.10% | 0.48x | 1.41x | Rs124.05 Million |
| 2026 | 14.87% | 23.41% | 0.43x | 1.46x | Rs4.43 Billion |
Industry Comparison
This section compares Shipping Corporation Of India Limited's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $64,767,700,000
- Average return on equity (ROE) among peers: 8.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shipping Corporation Of India Limited (SCI) | Rs90.96 Billion | 26.16% | 0.46x | $1.36 Billion |
| Adani Ports and Special Economic Zone Limited (ADANIPORTS) | $212.18 Billion | 17.31% | 1.23x | $43.31 Billion |
| Essar Shipping Limited (ESSARSHPNG) | $-16.48 Billion | 0.00% | 0.00x | $36.13 Million |
| The Great Eastern Shipping Company Limited (GESHIP) | $67.73 Billion | 8.47% | 1.12x | $2.20 Billion |
| Gujarat Pipavav Port Limited (GPPL) | $4.02 Billion | 0.00% | 1.06x | $850.06 Million |
| JSW Infrastructure Limited (JSWINFRA) | $116.93 Billion | 13.03% | 0.74x | $7.37 Billion |
| Transworld Shipping Lines Limited (TRANSWORLD) | $4.22 Billion | 10.49% | 0.66x | $38.99 Million |
About Shipping Corporation Of India Limited
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. The company's fleet includes bulk carriers, crude oil tankers, product tankers, container vessels, passenger-cum-Cargo vessels, LPG carriers, and offshore supply vessels. It offers bulk car… Read more