The Shipping Corporation of India (SCI) Q4 25/26 earnings summary

Executive summary

• Achieved record consolidated net profit of INR 1,353 crore (₹1,35,292 lakhs) for FY 2025-26, up from INR 844 crore (₹84,358 lakhs) year-over-year.

• Operating revenue rose to INR 5,778 crore (₹5,77,979 lakhs) from INR 5,592 crore (₹5,60,583 lakhs) last year.

• Board declared a 75% dividend (INR 7.5 per share), with a final dividend of ₹1 per share also proposed.

• Fleet expanded with induction of two VLGCs, enhancing gas transport capacity.

• Audited standalone and consolidated financial results for FY26 were approved with unmodified audit opinions.

Financial highlights

• Standalone net profit: INR 1,326 crore (₹1,32,625 lakhs); consolidated net profit: INR 1,353 crore (₹1,35,292 lakhs), both up significantly year-over-year.

• EBITDA for FY26 reached INR 2,633 crore; consolidated PBT grew 67% to INR 1,423 crore.

• Basic and diluted EPS (consolidated) for FY26 stood at ₹29.05, up from ₹18.11 in FY25.

• Return on equity exceeded 16% for the year.

• Standalone total assets increased to ₹12,70,722 lakhs as of 31.03.2026.

Outlook and guidance

• Plans to add new and secondhand vessels in FY27 as part of long-term expansion.

• Positive outlook for coastal and offshore segments, with ongoing vessel acquisition tenders and fleet renewal.

• Management does not expect material impact from ongoing geopolitical disruptions in the Middle East.

• Strategic disinvestment process by the Government of India is ongoing.

• Strategic focus on reinvestment, financial strength, and stakeholder value.