SCI

What S C I promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q4 FY26

what the last two calls moved 13 tracked 0 delivered 5 missed 8 open
  • JV Incorporation missed said Q2 FY26 Promised: December 2025 Q4 FY26: The December 2025 deadline was not met. Management confirmed the delay, citing 'established procedures' that are taking time. The JV is still under Ministry consideration as of May 2026.
  • JV Revenue delayed said Q2 FY26 Promised: 2x to 3x the revenue, what SCI is currently doing Q4 FY26: The JV with OMCs is delayed and still under Ministry consideration. Management was evasive on the financial model, making this revenue target's timeline uncertain.
  • SCI Own Fleet Capacity on track said Q2 FY26 Promised: 10 to 12 vessels in FY26-27 Q4 FY26: Two VLGCs were inducted in FY26. Management states other acquisition tenders are in the market but not yet finalized. With one year left in the target period (FY27), the plan is still active.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 13 tracked commitments for S C I — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens