Alerts will be sent to your verified email
Verify EmailSCI
Balance sheet of Shipping Corpn. is moderately strong.
Yes, The debt of Shipping Corpn. is increasing.
Latest debt of Shipping Corpn. is ₹1,309 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹265 Crs.
The profit is oscillating.
The profit of Shipping Corpn. is ₹932 Crs for TTM, ₹679 Crs for Mar 2024 and ₹870 Crs for Mar 2023.
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Shipping Corpn. latest dividend payout ratio is 3.43% and 3yr average dividend payout ratio is 2.52%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Accounts Receivable