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Shipping Corporation of India Ltd dividend

Shipping Corporation of India Ltd dividend

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₹ 6.0 Cr

Volume transacted

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259.1 K

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Shipping Corporation of India Ltd

NSE: SCI

DPS

0.44

Last updated : FY 2023

Key Highlights

    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 ₹ 230.9 as of 18 May 15:30 .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 Profit 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#

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Share Price Vs Dividend Yield

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Fundamental Metrics

Market Cap

9,718 Cr

EPS

16.1

P/E Ratio (TTM) *

12.9

P/B Ratio (TTM) *

1.4

DTE *

0.3

ROE *

12.4

ROCE *

10.5

Dividend Yield *

0.47

DPS *

0.44

Dividend Payout *

2.56

Ann.Dividend % *

4.4

* All values are consolidated

* All values are consolidated

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Dividend Payout Over Time

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Dividend Payout Over Time

Period
Mar '190
Mar '2012
Mar '212
Mar '222
Mar '233

* All values are a in %

Dividend per Share (DPS) Over Time

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DIVIDENDYIELD

Dividend Yield is a financial ratio that shows the annual dividend income relative to the market price of a share. It is calculated by dividing the dividend per share by the current market price per share, expressed as a percentage.

Dividend Yield Comparison With Top Peers

1M

1Y

3Y

5Y

* All values are in %

Net Profit Vs Dividend Per Share

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Shipping Corporation of India Ltd

NSE: SCI

PRICE

230.9

-3.85(-1.64%)

stock direction

Last updated : 18 May 15:30

SWOT Analysis Of Shipping Corporation of India Ltd

Strength

2

S

Weakness

2

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Shipping Corporation of India Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Dividend Overview for Shipping Corporation of India Ltd

  • Shipping Corporation of India Ltd, boasts of a market capitalization of Rs 9719 Cr., with a share price of Rs 230.90 as of 18 May 15:30. While all stocks don't consistently pay dividends, Shipping Corporation of India Ltd rewarded its shareholders, distributing 2.6 % for the full year.
  • In the year ending 2022, Shipping Corporation of India Ltd declared a dividend of Rs 0, resulting in a dividend yield of 0.3% Assessing its dividend-paying capacity and valuation is crucial to determine its suitability as a dividend stock.
  • During the year ending 2023, Shipping Corporation of India Ltd recorded revenues of Rs 5052 Cr, with a trailing EBITDA Margin of 33.7% and net-profit of Rs 752 Cr

Overview of Dividend

Types of Dividend


Special Dividend

A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.


Preferred Dividend

A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.


Interim Dividend

Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.


Final Dividend

A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:


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Market Cap Over Time

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Market Cap Over Time

Period
Mar '191768
Mar '201749
Mar '215159
Mar '225364
Mar '234379

* All values are a in crore

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Revenue Over Time

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Revenue Over Time

Period
Jun '221506
Sep '221457
Dec '221542
Mar '221473
Jun '231252
Sep '231187
Dec '231366
Mar '231526

* All values are a in crore

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EBITDA Over Time

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

EBITDA Over Time

Period
Jun '22343
Sep '22363
Dec '22515
Mar '22519
Jun '23414
Sep '23330
Dec '23442
Mar '23520

* All values are a in crore

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Net Profit Over Time

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Net Profit Over Time

Period
Jun '22109
Sep '22114
Dec '22267
Mar '22380
Jun '23172
Sep '2366
Dec '23134
Mar '23307

* All values are a in crore

About Shipping Corporation of India Ltd

About Shipping Corporation of India Ltd

    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.

Shipping Corporation of India Ltd News Hub

News

Board of Shipping Corporation of India recommends final dividend

Shipping Corporation of India announced that the Board of Directors of the Company at its ...

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18 May 2024 09:52

News

Shipping Corporation of India announces board meeting date

Shipping Corporation of India will hold a meeting of the Board of Directors of the Company...

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07 May 2024 12:09

News

Shipping Corporation transfers 16 non-crore assts in Kolkata to SCILAL

Shipping Corporation of India announced the transfer of 16 non-core assets of the company ...

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22 Mar 2024 18:05

News

Shipping Corp slips as PAT drops 49% YoY in Q3

Revenue from operations declined 10.4% year on year (YoY) to Rs 1,340.68 crore in December...

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12 Feb 2024 13:14

News

Shipping Corporation of India to table results

Shipping Corporation of India will hold a meeting of the Board of Directors of the Company...

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24 Jan 2024 16:17

News

Shipping Corp slides as Q2 PAT drops 42% YoY to Rs 66 cr

Profit before tax in Q2 FY24 was at Rs 73.73 crore, down 41.51% from Rs 126.05 crore recor...

Read more

06 Nov 2023 10:13

FAQs for dividends of Shipping Corporation of India Ltd

What is the current market price of Shipping Corporation of India Ltd Ltd as of May 18, 2024?

The current market price of Shipping Corporation of India Ltd Ltd stands at 230.9 per share.

What dividend did Shipping Corporation of India Ltd declare in the last fiscal year?

In the last fiscal year, Shipping Corporation of India Ltd declared a dividend totaling ₹0.5.

What is the most recent dividend declared by Shipping Corporation of India Ltd?

Shipping Corporation of India Ltd recently declared a dividend of 0.0 in the latest quarter

How many times has Shipping Corporation of India Ltd declared dividends in the current fiscal year

Shipping Corporation of India Ltd has declared dividends 4 times totaling ₹0 in the current fiscal year (FY2023-2024).

How many times did Shipping Corporation of India Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2022-2023), Shipping Corporation of India Ltd declared dividends 4 times totaling ₹0.
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