Shipping Land

What does Shipping Land do?

Shipping Corporation of India Land and Assets Ltd is a small-cap NBFC focused on managing and disposing of non-core assets of the Shipping Corporation of India Limited. As of March 2025, it reported net sales of 5 Cr and a net loss of 224 Cr, with a market cap of Rs 2,557 Cr.

Overview:<BR>Shipping Corporation of India Land and Assets Ltd is a small-cap company in the Non-Banking Financial Company (NBFC) sector, focused on holding and disposing of non-core assets of the Shipping Corporation of India Limited.<BR><BR>History:<BR>The company was incorporated on November 10, 2021, as a wholly owned subsidiary of Shipping Corporation of India Limited. The latest quarterly results reported are for March 2025, showing net sales and profit figures.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 5 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: -224 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 2,557 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 8 <BR>Dividend Yield: 1.09% <BR>Debt-Equity: 0.00 <BR>Return on Equity: -6.31% <BR>Price-to-Book: 0.86 <BR><BR>Contact Details:<BR>Details: No Company Details Available <BR>Registrar Address: Not available.

Has Shipping Land declared dividend?

Shipping Corporation of India Land & Assets Ltd has declared a 6% dividend, amounting to 0.6 per share, with an ex-date of September 6, 2024. However, the company has experienced significant declines in total returns over the past six months and year, with total returns of -23.4% and -15.01%, respectively.

Shipping Corporation of India Land & Assets Ltd has declared a 6% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 6%<BR>- Amount per share: 0.6<BR>- Ex-date: 06 Sep 24<BR><BR>Dividend Yield: 1.09%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -23.4%, with a dividend return of 0%, resulting in a total return of -23.4%.<BR><BR>Over the past year, the price return was -15.89%, with a dividend return of 0.88%, leading to a total return of -15.01%.<BR><BR>For the 2-year period, there was no price return or dividend return, resulting in a total return of 0.0%.<BR><BR>In the 3-year period, both the price return and dividend return were 0%, resulting in a total return of 0.0%.<BR><BR>For the 4-year period, there was no price return or dividend return, leading to a total return of 0.0%.<BR><BR>In the 5-year period, both the price return and dividend return were 0%, resulting in a total return of 0.0%.<BR><BR>Overall, while Shipping Corporation of India Land & Assets Ltd has declared a dividend, the total returns over various periods indicate a challenging performance, particularly in the short term, with significant declines in price returns.

Is Shipping Land overvalued or undervalued?

As of March 26, 2024, Shipping Land is considered a risky investment with a valuation grade downgrade, overvalued status, and poor financial metrics, including a PE ratio of -13.52 and a year-to-date return of -10.76%, significantly underperforming compared to its peers and the Sensex.

As of 26 March 2024, the valuation grade for Shipping Land has moved from does not qualify to risky, indicating a significant shift in its perceived financial health. The company is currently assessed as overvalued. Key ratios highlight this concern: the PE ratio stands at -13.52, the EV to EBITDA is an alarming -145.38, and the ROE is at -6.31%. <BR><BR>In comparison to its peers, Shipping Land's valuation metrics are starkly unfavorable. For instance, Great Eastern Shipping Co. Ltd. has a PE ratio of 6.01, while The Shipping Corp. of India Ltd. boasts a PE of 11.79, both categorizing them as fair to very attractive. Additionally, the company’s recent stock performance has been underwhelming, with a year-to-date return of -10.76%, contrasting sharply with the Sensex's gain of 5.57% over the same period, reinforcing the notion that Shipping Land is not a favorable investment at its current valuation.

Who are the peers of the Shipping Land?

Shipping Land's peers include Dhani Services, Paisalo Digital, PTC India Fin, SG Finserve, Shalimar Agencie, Summit Securitie, Kalyani Invest., Ugro Capital, and Algoquant Fin. Shipping Land has below-average management risk, growth, and capital structure compared to its peers, with a 1-year return of -47.39%.

Peers: The peers of Shipping Land are Dhani Services, Paisalo Digital, PTC India Fin, SG Finserve, Shalimar Agencie, Summit Securitie, Kalyani Invest., Ugro Capital, and Algoquant Fin.<BR><BR>Quality Snapshot: Excellent management risk is observed at Dhani Services, Paisalo Digital, SG Finserve, Ugro Capital, and Algoquant Fin, while Average management risk is found at Shipping Land, Summit Securitie, Kalyani Invest., and the rest. Below Average management risk is noted for PTC India Fin, while Shalimar Agencie does not qualify. For growth, Excellent growth is seen at SG Finserve, Ugro Capital, and Algoquant Fin, while Average growth is found at Paisalo Digital, Summit Securitie, Kalyani Invest., and the rest. Below Average growth is noted for Shipping Land and PTC India Fin, while Shalimar Agencie does not qualify. In terms of capital structure, Excellent capital structure is observed at Dhani Services, Paisalo Digital, PTC India Fin, SG Finserve, Summit Securitie, and Kalyani Invest., while Below Average capital structure is noted for Shipping Land, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Shalimar Agencie at 685.75%, while the peer with the lowest is Paisalo Digital at -58.09%. Shipping Land's own 1-year return is -47.39%, which is higher than Paisalo Digital's but lower than all other peers. Additionally, the six-month return is negative for Dhani Services, Paisalo Digital, Shipping Land, Summit Securitie, Kalyani Invest., and Ugro Capital.

Who are the top shareholders of the Shipping Land?

The top shareholders of Shipping Land include the President of India with 63.75%, Life Insurance Corporation of India with 4.98%, and individual investors holding 24.41%. Additionally, 37 foreign institutional investors hold 1.13%, and there are no pledged promoter holdings.

The top shareholders of Shipping Land include the President of India, who holds the largest share with 63.75%. Other significant shareholders are Life Insurance Corporation of India, which has a stake of 4.98%, and individual investors collectively holding 24.41%. Additionally, the company has 37 foreign institutional investors (FIIs) with a combined holding of 1.13%, while mutual funds hold shares through three schemes but do not have a significant presence. There are no pledged promoter holdings reported.

How big is Shipping Land?

As of 24th July, Shipping Corporation of India Land & Assets Ltd has a market capitalization of 2,469.00 Cr and reported net sales of 18.30 Cr with a net loss of 189.39 Cr over the last four quarters. Shareholder's funds are valued at 3,221.63 Cr, with total assets of 3,498.20 Cr as of March 2024.

As of 24th July, <BR><BR>Market Cap: Shipping Corporation of India Land & Assets Ltd has a market capitalization of 2,469.00 Cr, classifying it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 18.30 Cr, while the sum of Net Profit for the same period reflects a loss of 189.39 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2024. Shareholder's Funds are valued at 3,221.63 Cr, and Total Assets amount to 3,498.20 Cr.

How has been the historical performance of Shipping Land?

Shipping Land's historical performance shows mixed results, with net sales and operating profit increasing significantly, but profit after tax declining sharply from 35.55 Cr to -189.38 Cr over two years, raising concerns about its financial health despite growth in total assets.

Answer:<BR>The historical performance of Shipping Land shows a mixed trend over the past three years, with notable fluctuations in key financial metrics.<BR><BR>Breakdown:<BR>Shipping Land's net sales increased from 12.50 Cr in Mar'23 to 18.30 Cr in Mar'25, reflecting a positive growth trajectory. Total operating income followed a similar pattern, rising from 12.50 Cr in Mar'23 to 18.30 Cr in Mar'25. However, the company's total expenditure, excluding depreciation, decreased from 44.95 Cr in Mar'23 to 35.89 Cr in Mar'25. Despite this reduction, the operating profit (PBDIT) showed improvement, moving from -32.45 Cr in Mar'23 to 67.46 Cr in Mar'25, indicating a significant turnaround. Profit before tax also increased from 17.58 Cr in Mar'23 to 65.14 Cr in Mar'25, but profit after tax saw a drastic decline, falling from 35.55 Cr in Mar'23 to -189.38 Cr in Mar'25. The company's total assets grew from 3,426.47 Cr in Mar'23 to 3,502.19 Cr in Mar'25, while total liabilities remained relatively stable, increasing slightly from 3,426.47 Cr to 3,502.19 Cr. Cash flow from operating activities remained negative, worsening from -23.00 Cr in Mar'23 to -49.00 Cr in Mar'25, although cash flow from investing activities improved significantly, rising from 33.00 Cr in Mar'23 to 79.00 Cr in Mar'25. Overall, while Shipping Land has shown growth in sales and operating profit, the substantial loss in profit after tax raises concerns about its financial health.

Are Shipping Land latest results good or bad?

Shipping Land's latest results show a net profit of ₹14.34 crores, a significant improvement from previous losses, but concerns remain due to a negative operating margin of -27.15% and heavy reliance on non-operating income. Overall, while there are positive signs, the company's operational challenges suggest caution for investors.

Shipping Land's latest results present a mixed picture. On one hand, the company reported a net profit of ₹14.34 crores in Q2 FY26, marking a significant turnaround from a loss of ₹224.37 crores in the previous quarter. This improvement is also reflected in a year-on-year increase of 19.60% compared to ₹11.99 crores in Q2 FY25. Additionally, revenue grew impressively by 64.08% year-on-year, reaching ₹5.71 crores.<BR><BR>However, despite these positive indicators, there are serious concerns regarding the company's operational performance. The operating margin, excluding other income, stands at a deeply negative -27.15%, indicating that core operations are still loss-making. This is compounded by the fact that a substantial portion of the net profit is reliant on other income, which accounted for ₹21.10 crores in Q2 FY26—representing 365.08% of profit before tax. This heavy dependence on non-operating income raises questions about the sustainability of the company's profitability.<BR><BR>Furthermore, the company has consistently reported negative operating cash flows, and its share price has declined by 25.02% over the past year, underperforming against broader market indices. The stock currently trades at a price-to-book ratio of 0.77x, suggesting skepticism about the realizable value of its assets.<BR><BR>In summary, while there are some positive developments in terms of net profit and revenue growth, the underlying operational challenges and reliance on non-operating income indicate that the overall results are not strong enough to signal a stable recovery. Investors should approach with caution given the structural weaknesses in the business model.

Is Shipping Land technically bullish or bearish?

As of November 21, 2025, the market trend is bearish with moderate strength, supported by bearish indicators from MACD, Bollinger Bands, and moving averages, despite some mildly bullish signals from KST and OBV.

As of 21 November 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. The weekly MACD is bearish, and both the weekly and monthly Bollinger Bands indicate a bearish trend. Daily moving averages also confirm a bearish outlook. Although the KST shows mildly bullish on a weekly basis and the OBV is mildly bullish, these indicators are outweighed by the overall bearish signals. The Dow Theory reflects no trend on a weekly basis and mildly bearish on a monthly basis, further supporting the bearish stance.

When is the next results date for Shipping Corporation of India Land & Assets Ltd?

The next results date for Shipping Corporation of India Land & Assets Ltd is February 3, 2026.

The next results date for Shipping Corporation of India Land & Assets Ltd is scheduled for February 3, 2026.

Why is Shipping Corporation of India Land & Assets Ltd falling/rising?

As of 02-Feb, the stock price of Shipping Corporation of India Land & Assets Ltd is Rs 43.71, reflecting a significant decline of 25.35% over the past year. The company faces operational challenges and poor financial metrics, leading to a bearish trend in its stock performance.

As of 02-Feb, the stock price of Shipping Corporation of India Land & Assets Ltd is falling, currently at Rs 43.71, down by Rs 0.35 or 0.79%. The stock has been underperforming significantly, with a decline of 1.47% over the past week, 9.09% over the past month, and a substantial 25.35% over the last year, while the benchmark Sensex has shown positive returns in the same periods. <BR><BR>The company is facing operational challenges, as indicated by its operating losses and a weak long-term fundamental strength. The operating profit has only grown at an annual rate of 18.35% over the last five years, and the company's ability to service its debt is concerning, with a poor EBIT to Interest ratio of -25.31. Recent financial results have also been disappointing, with a profit before tax (PBT) showing a drastic fall of 269.8% compared to the previous four-quarter average.<BR><BR>Additionally, the stock is trading below all key moving averages, indicating a bearish trend. It is also close to its 52-week low, just 1.94% away from Rs 42.86. The stock has been losing for two consecutive days, with a total decline of 2.52% in that period. Despite a slight increase in delivery volume, the overall sentiment remains negative, as domestic mutual funds hold no stake in the company, suggesting a lack of confidence in its future prospects. Overall, these factors contribute to the stock's downward movement.

Which are the latest news on Shipping Land?

Should I buy, sell or hold Shipping Corporation of India Land & Assets Ltd?