Shipping Corporation of India Ltd dividend

The Dividend per Share of Shipping Corporation of India Ltd is ₹ 0.44 as of 2023 .a1#The Dividend Payout of Shipping Corporation of India Ltd changed from 11.55 % on March 2019 to 2.56 % on March 2023 . This represents a CAGR of -31.39% over 4 years. a1#The Latest Trading Price of Shipping Corporation of India Ltd is ₹ 278 as of 26 Jul 15:36 .a1#The Market Cap of Shipping Corporation of India Ltd changed from ₹ 1767 crore on March 2019 to ₹ 4378 crore on March 2023 . This represents a CAGR of 19.89% over 5 years. a1#The Revenue of Shipping Corporation of India Ltd changed from ₹ 1506 crore to ₹ 1525 crore over 8 quarters. This represents a CAGR of 0.64% a1#The EBITDA of Shipping Corporation of India Ltd changed from ₹ 342.95 crore to ₹ 520.18 crore over 8 quarters. This represents a CAGR of 23.16% a1#The Net Pr of Shipping Corporation of India Ltd changed from ₹ 109.23 crore to ₹ 307.28 crore over 8 quarters. This represents a CAGR of 67.72% a1#

Shipping Corporation of India Ltd (SCI) is one of India's largest shipping in terms of Indian flagged tonnage. In addition, SCI manages a large number of vessels on behalf of various government departments and other organizations. The company operates in three segments: liner and passenger services, bulk carriers and tankers and technical and offshore services. Bulk segment includes tankers (both crude and product), dry bulk carriers, gas carriers and phosphoric acid carriers. In the year 1994, the company made their second disinvestment of 3,864,600 equity shares constituting 1.37% of the paid up capital by the President of India in favour of FIIs, Mutual Funds and banks. In the year 2010, the company entered into joint venture arrangement with SAIL to provide shipping related services to SAIL for importing coking coal. In September 2010, the company signed the shipbuilding contract with Jiangsu Eastern Heavy Industries Co Ltd for acquisition of four Kamsarmax Bulk Carriers of about 80,000 DWT each. They intend to enter into joint ventures with reputable logistics providers for end-to-end logistical operations for projects in the area of power, oil and gas and infrastructure. The company also continues to explore possible areas for diversification into shipping-related activities. Despite this, very little attempt has been made to interlink these natural assets for a seamless, environment friendly transport system. During FY 2019, SCI and GAIL had signed a Memorandum of Understanding for cooperation in transportation of 5.8 MMTPA LNG sourced by GAIL from U.S. terminals. MV Sindhu's, 500 Pax and 150 MT cargo vessels under construction at Cochin Shipyard was delivered to A&N Administration and the vessel was inducted into service during June 2021. Most of SCI's LR-I tankers were employed on Indian Coast on a mix of COAs, Spot voyages and time charters, catering to Indian Coastal Crude Movement of the Indian oil industry.