Shipping Corporation Of India Limited

Transporting goods and passengers through owned and managed vessels globally.

1950 | Mumbai, Maharashtra (India) | Active
Last Updated:

Shipping Corporation Of India Profile

Key Indicators

  • Authorised Capital ₹ 1,000.00 Cr
  • Paid Up Capital ₹ 465.80 Cr
  • Company Age 75 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 13,012.12 Cr
  • Satisfied Charges ₹ 46,406.92 Cr
  • Revenue Growth 33.16%
  • Profit Growth 28.59%
  • Ebitda 31.86%
  • Net Worth -19.94%
  • Total Assets 5.47%

About Shipping Corporation Of India

Shipping Corporation Of India Limited (SCOIL) was founded in India on 24 March 1950 and has a glorious history of 75 years and one month. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 523598 and on the National Stock Exchange(NSE) under SCI.

The Corporate was formerly known as The Eastern Shipping Corporation Of India Limited. The Company is engaged in the Transport And Logistics Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1,000.00 Cr and a paid-up capital of Rs 465.80 Cr.

The company currently has active open charges totaling ₹13,012.12 Cr. The company has closed loans amounting to ₹46,406.92 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Shipping Corporation Of India Limited India are Natarajan Subramanya as CFO and Swapnita Yadav as Company Secretary. Rajesh Kumar, Raju Lakshmanan, Atul Ubale, and Five other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L63030MH1950GOI008033

  • Company No.

    008033

  • Stock Symbol

    BSE : 523598 NSE : SCI

  • Company Classification

    Public Limited Union Government Company

  • Incorporation Date

    24 Mar 1950

  • Date of AGM

    18 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics
Company report

Shipping Corporation Of India Limited

Explore comprehensive data for Shipping Corporation Of India Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Shipping Corporation Of India?

Executive Team (2)

NameDesignationAppointment DateStatus
Natarajan Subramanya Country flag representing In CFO05-Aug-2022Current
Swapnita Yadav Company Secretary01-Feb-2022Current

Board Members (8)

NameDesignationAppointment DateStatus
Atul Ubale Country flag representing In Director 05-Dec-2019Current
Rajesh Kumar Country flag representing In Nominee Director 10-Nov-2022Current
Raju Lakshmanan Country flag representing In Nominee Director 13-Jun-2024Current
Binesh Tyagi Country flag representing In Whole-Time Director 07-Jan-2021Current
Vikram Dingley Country flag representing In Whole-Time Director 19-May-2022Current
Chirayu Acharya Country flag representing In Whole-Time Director 13-Jun-2022Current

Financial Performance of Shipping Corporation Of India.

Shipping Corporation Of India Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 33.16% increase. The company also saw a substantial improvement in profitability, with a 28.59% increase in profit. The company's net worth observed a substantial decline by a decrease of 19.94%.

Shipping Corporation Of India revenue growth over time
Shipping Corporation Of India profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
33.16%
Revenue from Operations
34.87%
Total Assets
5.47%
Profit or Loss
28.59%
Net Worth
-19.94%
EBITDA
31.86%

What is the Ownership and Shareholding Structure of Shipping Corporation Of India?

In 2021, Shipping Corporation Of India had a promoter holding of 63.75% and a public holding of 36.24%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹13,012.12 Cr

Satisfied Charges

₹46,406.92 Cr

Charges Breakdown by Lending Institutions

  • Mizuho Corporate Bank Ltd : 4060.84 Cr
  • Others : 2031.40 Cr
  • Sbicap Trustee Company Limited : 1783.44 Cr
  • State Bank Of India : 1388.00 Cr
  • Mizuho Bank (Usa) : 1384.40 Cr
  • Others : 2364.05 Cr

Latest Charge Details

DateLenderAmountStatus
22 Apr 2024Standard Chartered Bank₹361.98 CrOpen
12 Mar 2024State Bank Of India₹1,230.00 CrOpen
16 Sep 2021Others₹756.85 CrOpen
21 Jul 2017Sbicap Trustee Company Limited₹495.00 CrOpen
16 Mar 2017Sbicap Trustee Company Limited₹160.00 CrOpen

How Many Employees Work at Shipping Corporation Of India?

Unlock and access historical data on people associated with Shipping Corporation Of India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Shipping Corporation Of India Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shipping Corporation Of India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Shipping Corporation Of India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Shipping Corporation Of India

Recent activity within the organization

  • Charges

    A charge registered on 09 Dec 2013 via Charge ID 10475399 with State Bank Of India was fully satisfied on 25 Oct 2024.

  • Charges

    A charge registered on 19 Apr 2006 via Charge ID 10002607 with State Bank Of India was fully satisfied on 25 Oct 2024.

  • Annual General Meeting

    Shipping Corporation Of India Limited last Annual general meeting of members was held on 18 Sep 2024 as per latest MCA records.

  • Director Appointment

    Raju Lakshmanan was appointed as a Nominee Director was appointed as a Nominee Director on 13 Jun 2024 & has been associated with this company since 11 months .

  • Charges

    A charge registered on 18 Nov 2020 via Charge ID 100395001 with State Bank Of India was fully satisfied on 21 May 2024.

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 361.98 Cr with Charge ID 100903448 was registered on 22 Apr 2024.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Shipping Corporation Of India Limited?

    Shipping Corporation Of India Limited was incorporated on 24 Mar 1950.

  • What is authorized share capital and paid-up capital of Shipping Corporation Of India Limited?

    The authorized share capital of Shipping Corporation Of India Limited is ₹ 1,000.00 Cr and paid-up capital is ₹ 465.80 Cr.

  • Who are the current board members & directors of Shipping Corporation Of India Limited?

    Currently 10 directors are associated with Shipping Corporation Of India Limited.

    • Rajesh Sinha Kumar
    • Raju Lakshmanan
    • Atul Ubale
    • Binesh Kumar Tyagi
    • Vikram Dingley
    • Chirayu Indradeo Acharya
    • Jaswinder Singh
    • Manjitsingh Darshansingh Saini
    • Natarajan Prakaash Subramanya
    • Swapnita Vikas Yadav

  • What is the registered address of Shipping Corporation Of India Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Shipping Corporation Of India Limited is Shipping House, 245 Madame Cama Road India, Mumbai, Maharashtra, 400021.

  • What is the corporate identification number (CIN) and company number of Shipping Corporation Of India Limited?

    The corporate identification number (CIN) of Shipping Corporation Of India Limited is L63030MH1950GOI008033 and the company number is 008033 as per Ministry of Corporate Affairs (MCA).

  • Is Shipping Corporation Of India Limited registered with any stock exchange in India?

    Yes, Shipping Corporation Of India Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): SCI.

  • What is the official website of Shipping Corporation Of India Limited?

    The Official website of Shipping Corporation Of India Limited is https://www.shipindia.com

  • What has been the recent revenue trend for Shipping Corporation Of India Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Shipping Corporation Of India Limited has risen by 33.16%.

  • What change has been observed in the net worth of Shipping Corporation Of India Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Shipping Corporation Of India Limited has experienced an downturn of -19.94%.

  • What are the total open charges for Shipping Corporation Of India Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Shipping Corporation Of India Limited amount to ₹ 13,012.12 Cr.

  • When was the last Balance Sheet of Shipping Corporation Of India Limited filed with the ROC?

    The most recent Balance Sheet for Shipping Corporation Of India Limited was filed with the ROC on 31 Mar 2024.

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