The Shipping Corporation Of India Limited — Quarter and year ended 31.03.2026 (reporting period approved on 08.05.2026)
Standalone: Statement of audited standalone financial results for the quarter and year ended March 31, 2026 (₹ in lakhs)
| Sr No. | Particulars | QUARTER ENDED | YEAR ENDED |
|---|---|---|---|
| 31.03.2026 (AUDITED) | 31.03.2026 (AUDITED) | ||
| 31.12.2025 (UNAUDITED) | 31.03.2025 (AUDITED) | ||
| 31.03.2025 (AUDITED) | 31.03.2025 (AUDITED) | ||
| 1 | Revenue from operations | 1,51,273 | 5,77,813 |
| 2 | Other Income | 14,457 | 44,023 |
| 3 | Total Income (1+2) | 1,65,730 | 6,21,836 |
| 4 | Expenses | ||
| Cost of services rendered | 66,620 | 2,76,347 | |
| Employee benefits expense | 17,065 | 58,385 | |
| Finance costs | 4,711 | 17,335 | |
| Depreciation and amortisation expense | 28,704 | 1,06,363 | |
| Other expenses | 6,139 | 23,817 | |
| Total expenses (4) | 1,23,239 | 4,82,247 | |
| 5 | Profit/(Loss) before exceptional items and tax (3-4) | 42,491 | 1,39,589 |
| 6 | Exceptional items | – | – |
| 7 | Profit/(Loss) before tax (5-6) | 42,491 | 1,39,589 |
| 8 | Tax expense | ||
| Current tax | 1,105 | 7,085 | |
| Tax pertaining to earlier years | 2 | (129) | |
| Deferred tax | 8 | 8 | |
| Total tax expense (8) | 1,115 | 6,964 | |
| 9 | Profit/(Loss) for the period (7-8) | 41,376 | 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 | 2,889 | |
| Other comprehensive income for the period, net of tax (10) | 1,674 | 2,889 | |
| 11 | Total comprehensive income for the period (9+10) | 43,050 | 1,35,514 |
| 12 | Paid Up Equity Share Capital (Face value Rs.10 each) | 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 | 28.47 | |
| (2) Diluted earnings per share (in ₹) | 8.88 | 28.47 |
Standalone: Segment-wise revenue, results, assets and liabilities (₹ in lakhs)
| Sr No. | PARTICULARS | QUARTER ENDED | YEAR ENDED |
|---|---|---|---|
| 31.03.2026 (AUDITED) | 31.12.2025 (UNAUDITED) | ||
| 31.03.2025 (AUDITED) | 31.03.2025 (AUDITED) | ||
| 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 |
Standalone: Statement of audited standalone assets and liabilities as at March 31, 2026 (₹ in lakhs)
| 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 |
| iii. Trade payables (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 |
Standalone: Audited standalone cash flow statement for the year ended March 31, 2026 (₹ in lakhs)
| Particulars | Year ended 31 March 2026 | Year ended 31 March 2025 |
|---|---|---|
| A Cash Flow from Operating Activities | ||
| Profit/(Loss) before income tax | 1,39,589 | 82,245 |
| Adjustments for | ||
| Add: Depreciation and amortisation expenses | 1,06,363 | 95,120 |
| Finance costs | 17,335 | 18,629 |
| Bad debts and irrecoverable balances written off | 143 | 240 |
| Provision for doubtful debts | (4) | 5,310 |
| Write off of fixed assets | 10 | 64 |
| Foreign Currency fluctuations | 12,380 | 1,333 |
| Less: Dividend received from Joint Ventures | (3,735) | (4,679) |
| Interest received | (31,825) | (9,268) |
| Excess Provisions written back | (280) | (1) |
| Profit on sale of investment (Mutual Fund) | (839) | (853) |
| Surplus on sale of fixed assets | (3,342) | – |
| Gain on fair valuation of Mutual Fund | 12 | (31) |
| Change in non-current investment due to fair valuation | (55) | (54) |
| Change in operating assets and liabilities | ||
| (Increase)/Decrease in Trade Receivables | 6,594 | 13,927 |
| (Increase)/Decrease in Other Current / Non Current Assets | (1,47,344) | (68,148) |
| (Increase)/Decrease in Inventories | (8,086) | (1,869) |
| Increase/(Decrease) in Trade Payables | 34,650 | (54,858) |
| Increase/(Decrease) in Other Current / Non Current Liabilities | 941 | 7,798 |
| Cash generated from operations | 1,22,507 | 84,905 |
| Income taxes paid | 11,552 | 89 |
| Net Cash inflow / (outflow) from Operating Activities (A) | 1,34,059 | 84,994 |
| B Cash flow from Investing Activities: | ||
| Purchase of property, plant and equipment/ intangible assets | (1,55,044) | (29,186) |
| Sale proceeds of property, plant and equipment | 5,368 | – |
| Dividend Received from Joint Ventures | 3,735 | 4,679 |
| Profit on sale of investment (Mutual Fund) | 839 | 853 |
| Investment in Shares of SCI Bharat IFSC Limited | – | (3,000) |
| Purchase/sale of investments Net (Mutual Funds) | 9,001 | (17,578) |
| Loans given to Subsidiary – ICSL | (65) | (92) |
| Loan remitted / Recovery to/from employees and Joint venture | 60 | 48 |
| Other Deposits with banks | 20,894 | 6,164 |
| Advances and other Deposits | 9 | 49 |
| Interest received | 29,513 | 6,284 |
| Net cash inflow / (outflow) from Investing Activities (B) | (85,690) | (31,779) |
| C Cash flow from Financing Activities | ||
| Long term loans taken | 77,600 | – |
| Long term loan repaid | (40,040) | (73,992) |
| Short term loans borrowed/(repaid) | – | (26,885) |
| Interest paid | (14,072) | (12,670) |
| Dividend Paid | (60,879) | (2,321) |
| Payment of Lease liability | (12,527) | (6,140) |
| Other financing costs | (1,852) | (1,537) |
| Net cash inflow / (outflow) from Financing Activities (C) | (51,770) | (1,23,545) |
| Net increase/(decrease) in Cash and Cash Equivalents (A+B+C) | (3,401) (2026), (70,330) (2025) | |
| Cash and Cash Equivalents at the beginning of the financial year | 13,817 (2026), 84,142 (2025) | |
| Exchange difference on translation of foreign currency Cash and Cash Equivalents | 748 (2026), 5 (2025) | |
| Cash and cash Equivalents at the end of the year | 11,164 (2026), 13,817 (2025) |
Standalone: Composition of balances (cash and cash equivalents) (₹ in lakhs)
| Description | 31 March 2026 | 31 March 2025 |
|---|---|---|
| Balances with banks in current accounts | 3,051 | 3,882 |
| Balance in current account with repatriation restrictions | – | – |
| Balances with banks in deposits account with original maturity of less than three months | 8,113 | 9,935 |
| Total | 11,164 | 13,817 |
Standalone: Balances with banks in current accounts unavailable for use (₹ in lakhs)
| Description | 31 March 2026 | 31 March 2025 |
|---|---|---|
| Unspent CSR money | 1 | 363 |
| Unpaid dividend and TDS thereon | 753 | 30 |
| Lien with Banks & others (Refer Note 34 for Current account balances are given as collateral against court cases) | 128 | – |
| Total | 882 | 393 |
Standalone: Balances with banks in deposits account with original maturity of less than three months unavailable for use (₹ in lakhs)
| Description | 31 March 2026 | 31 March 2025 |
|---|---|---|
| Unutilized Govt subsidy fund of Male service | 275 | 1,226 |
| Total | 275 | 1,226 |
Consolidated: Statement of audited consolidated financial results for the quarter and year ended March 31, 2026 (₹ in lakhs