Shipping Corporation Of India Profile
Key Indicators
- Authorised Capital ₹ 1,000.00 Cr
- Paid Up Capital ₹ 465.80 Cr
- Company Age 74 Year, 10 Months
- 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 74 years and ten months. 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
Industry
Who are the key members and board of directors at Shipping Corporation Of India?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Natarajan Subramanya  | CFO | 05-Aug-2022 | Current |
| Swapnita Yadav | Company Secretary | 01-Feb-2022 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Atul Ubale | Director | 05-Dec-2019 | Current |
| Rajesh Kumar | Nominee Director | 10-Nov-2022 | Current |
| Raju Lakshmanan | Nominee Director | 13-Jun-2024 | Current |
| Binesh Tyagi | Whole-Time Director | 07-Jan-2021 | Current |
| Vikram Dingley | Whole-Time Director | 19-May-2022 | Current |
| Chirayu Acharya | Whole-Time Director | 13-Jun-2022 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Inland & Coastal Shipping LimitedBinesh Tyagi, Vikram Dingley and 1 more are mutual person
Sagarmala Development Company LimitedRaju Lakshmanan is a mutual person
Indian National Shipowners AssociationBinesh Tyagi is a mutual person
Cochin Shipyard LimitedRajesh Kumar is a mutual person
Indian Register Of ShippingBinesh Tyagi is a mutual person
Charges (Loans)
₹13,012.12 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Apr 2024 | Standard Chartered Bank | ₹361.98 Cr | Open |
| 12 Mar 2024 | State Bank Of India | ₹1,230.00 Cr | Open |
| 16 Sep 2021 | Others | ₹756.85 Cr | Open |
| 21 Jul 2017 | Sbicap Trustee Company Limited | ₹495.00 Cr | Open |
| 16 Mar 2017 | Sbicap Trustee Company Limited | ₹160.00 Cr | Open |
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.
Deals i
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
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
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.
