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Shipping Corporation of India Q1 FY26: Revenue and profit jump

May 8, 2026 3 mins read Firehose Gupta

The Shipping Corporation Of India Limited — Quarter and year ended 31.03.2026 (Standalone audited; Consolidated audited)

Sr No. Particulars QUARTER ENDED YEAR ENDED
31.03.2026 (AUDITED) 31.12.2025 (UNAUDITED) 31.03.2025 (AUDITED) 31.03.2026 (AUDITED)
1 Revenue from operations 1,51,273 1,61,122 1,32,466 5,77,813
2 Other Income 14,457 5,492 7,482 44,023
3 Total Income (1+2) 1,65,730 1,66,614 1,39,948 6,21,836
4 Expenses
Cost of services rendered 66,620 72,729 71,266 2,76,347
Employee benefits expense 17,065 15,405 16,333 58,385
Finance costs 4,711 4,837 3,879 17,335
Depreciation and amortisation expense 28,704 27,131 24,263 1,06,363
Other expenses 6,139 5,015 8,356 23,817
4 Total expenses (4) 1,23,239 1,25,117 1,24,097 4,82,247
5 Profit/(Loss) before exceptional items and tax (3-4) 42,491 41,497 15,851 1,39,589
6 Exceptional items
7 Profit/(Loss) before tax (5-6) 42,491 41,497 15,851 1,39,589
8 Tax expense
Current tax 1,105 2,158 1,113 7,085
Tax pertaining to earlier years 2 2 (2,446) (129)
Deferred tax 8 (33) 8
8 Total tax expense (8) 1,115 2,160 (1,366) 6,964
9 Profit/(Loss) for the period (7-8) 41,376 39,337 17,217 1,32,625
10 Other comprehensive income
Items that will not be reclassified to profit or loss:
Remeasurements gain/(loss) of defined benefit plans 1,674 539 (627) 2,889
10 Other comprehensive income for the period, net of tax (10) 1,674 539 (627) 2,889
11 Total comprehensive income for the period (9+10) 43,050 39,876 16,590 1,35,514
12 Paid Up Equity Share Capital (Face value Rs.10 each) 46,580 46,580 46,580 46,580
13 Other Equity excluding Revaluation Reserves 8,02,348
14 Earnings per equity share (not annualised)
(1) Basic earnings per share (in ₹) 8.88 8.45 3.70 28.47
(2) Diluted earnings per share (in ₹) 8.88 8.45 3.70 28.47
Sr No. PARTICULARS QUARTER ENDED YEAR ENDED
31.03.2026 (AUDITED) 31.12.2025 (UNAUDITED)
1 Segment Revenue
i. Liner 16,467 20,581
ii. Bulk Carrier 21,783 23,751
iii. Tanker 1,07,446 1,09,691
iv. Technical & Offshore 7,237 7,936
Total 1,52,933 1,61,959
Unallocated Revenue 100 931
Total 1,53,033 1,62,890
2 Segment Results
Profit/(Loss) before Tax and Interest
i. Liner 1,133 465
ii. Bulk Carrier 1,925 754
iii. Tanker 36,271 40,203
iv. Technical & Offshore 640 2,858
Total 39,969 44,280
Add: Unallocated income (Net of expenditure) (5,464) (1,670)
Profit before Interest and Tax 34,505 42,610
Less: Interest Expenses
i. Liner 385 362
ii. Bulk Carrier 434 412
iii. Tanker 1,586 1,665
iv. Technical & Offshore 122 117
Total Segment Interest Expense 2,527 2,556
Unallocated Interest expense 2,184 2,281
Total Interest Expense 4,711 4,837
Add: Interest Income 12,697 3,724
Profit/(Loss) before Tax 42,491 41,497
3 Segment Assets
i. Liner 87,720 1,16,047
ii. Bulk Carrier 1,65,368 1,56,069
iii. Tanker 5,73,549 5,77,362
iv. Technical & Offshore 88,945 90,070
Total Segment Assets 9,15,582 9,39,548
Unallocable Assets 3,55,140 2,88,141
Total Assets 12,70,722 12,27,689
4 Segment Liabilities
i. Liner 71,731 71,759
ii. Bulk Carrier 62,340 54,008
iii. Tanker 1,39,064 1,35,929
iv. Technical & Offshore 21,689 20,197
Total Segment Liabilities 2,94,824 2,81,893
Unallocable Liabilities 1,26,970 1,23,615
Total Liabilities 4,21,794 4,05,508
Particulars As at 31 March 2026 As at 31 March 2025
ASSETS
Non-current assets
Property, plant and equipment 7,03,144 6,43,330
Capital work-in-progress 495 435
Right-of-use asset 16,622 27,668
Other intangible assets 43 54
Financial assets
i. Investments 11,054 11,000
ii. Loans 25,324 23,587
iii. Other financial assets 1,533 1,219
Deferred tax assets (net)
Income Tax assets (net) 15,149 33,657
Other non-current assets 19,940 17,858
Total non-current assets 7,93,304 7,58,808
Current assets
Inventories 27,359 19,273
Financial assets
i. Investments 8,596 17,610
ii. Trade receivables 1,19,205 1,19,355
iii. Cash and cash equivalents 11,164 13,817
iv. Bank balances other than (iii) above 20,200 41,200
v. Loans 172 165
vi. Other financial assets 2,71,093 1,24,559
Other current assets 19,629 18,382
Total current assets 4,77,418 3,54,361
Assets classified as held for sale
Total assets 12,70,722 11,13,169
EQUITY AND LIABILITIES
Equity
Equity share capital 46,580 46,580
Other Equity 8,02,348 7,27,807
Total equity 8,48,928 7,74,387
LIABILITIES
Non-current liabilities
Financial liabilities
i. Borrowings 1,93,130 1,50,903
ii. Lease Liabilities 7,026 18,171
iii. Other financial liabilities 55 168
Provisions 6,122 6,626
Deferred tax liabilities (net) 84 76
Other non-current liabilities
Total non-current liabilities 2,06,417 1,75,944
Current liabilities
Financial liabilities
i. Borrowings 54,563 42,534
ii. Lease Liabilities 13,138 11,159
iii. Trade payables
a. total outstanding dues of micro enterprises and small enterprises; and 7,534 4,487
b. total outstanding dues of creditors other than micro enterprises and small enterprises 1,13,248 76,237
iv. Other financial liabilities 18,425 14,839
Other current liabilities 7,414 12,690
Provisions 1,055 892
Total current liabilities 2,15,377 1,62,838
Total liabilities 4,21,794 3,38,782
Total equity and liabilities 12,70,722 11,13,169

| Particulars | Year ended 31 March 2026 | Year ended 31 March 2025 |
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