SCILAL
Shipping Corporation of India Land and Assets share price & financials
- Price
- ₹45.86
- Market cap
- ₹1.8k Cr
- Sector
- Financial Services
What Shipping Corporation of India Land and Assets Limited does
SCILAL was carved out of The Shipping Corporation of India (SCI) in a 2023 demerger and holds the non-core real-estate assets — residential apartments, office space and land — that SCI previously owned. It earns income mainly by leasing these properties back to SCI under a framework agreement, and by leasing surplus space to others at market rates. Its second business is the Maritime Training Institute (MTI) at Powai, Mumbai, which trains seafarers and cadets for the shipping industry. Day-to-day operations of both businesses are currently run by SCI staff under a service-level agreement, as SCILAL itself has only a handful of personnel deputed to it directly.
Segments
- Real Estate Leasing
- Maritime Training
- Business lines
- 2 (real-estate leasing; maritime training)
- Maritime training facility
- Maritime Training Institute (MTI) at Powai, Mumbai
- Real-estate portfolio origin
- Demerged non-core real-estate assets (residential apartments, office space, land) inherited from The Shipping Corporation of India
- Asset transfer status
- Properties transferred de-facto under the 2023 demerger scheme; conveyance deeds to government departments still pending registration
- Operating structure
- Day-to-day operations run by parent SCI under a service-level agreement; only a Company Secretary and a CFO are deputed directly to SCILAL
- International recognition
- MTI Powai hosted a visit by IMO Secretary-General Arsenio Dominguez in February 2025
Quarterly results
Q1 FY27: revenue up 33.3%, net profit up 0.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4 | 6 | 5 | 6 | 6 +50% | 6 +0% | 6 +20% | 8 +33% |
| EBITDA | -3 | -7 | -3 | -2 | -15 −400% | -5 +29% | -20 −567% | -1 +50% |
| Net profit | 13 | 10 | -224 | 14 | 4 −69% | 11 +10% | -1 +100% | 14 +0% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −25.0% 1Y
1Y: ₹50.88 on 10 Sept 2025 → ₹38.14. High ₹52.94 (8 May 2026), low ₹34.92 (30 Mar 2026).
Financials, as filed
Revenue grew 18.8% a year over 2 years, FY24 to FY26. Operating margin narrowed to -175.0%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹17 Cr | ₹18 Cr | ₹24 Cr |
| Operating profit | ₹-27 Cr | ₹-18 Cr | ₹-42 Cr |
| Operating margin | -158.8% | -100.0% | -175.0% |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹0 Cr | ₹3 Cr | ₹3 Cr |
| Net profit | ₹47 Cr | ₹-189 Cr | ₹28 Cr |
| Net margin | 276.5% | -1050.0% | 116.7% |
| Cash from operations | ₹-379 Cr | ₹-49 Cr | ₹-61 Cr |
| Free cash flow | ₹-387 Cr | ₹-56 Cr | ₹-62 Cr |
| ROCE | 2.0% | 2.0% | 1.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Equity capital | ₹0 Cr | ₹466 Cr | ₹466 Cr | ₹466 Cr | ₹466 Cr |
| Reserves | ₹0 Cr | ₹2.7k Cr | ₹2.8k Cr | ₹2.5k Cr | ₹2.5k Cr |
| Borrowings | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other liabilities | ₹0 Cr | ₹252 Cr | ₹276 Cr | ₹552 Cr | ₹545 Cr |
| Total liabilities | ₹0 Cr | ₹3.4k Cr | ₹3.5k Cr | ₹3.5k Cr | ₹3.5k Cr |
| Fixed assets | ₹0 Cr | ₹2.4k Cr | ₹2.4k Cr | ₹2.4k Cr | ₹2.4k Cr |
| Capital work in progress | ₹0 Cr | ₹1 Cr | ₹8 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹0 Cr | ₹1.0k Cr | ₹1.1k Cr | ₹1.1k Cr | ₹1.1k Cr |
| Total assets | ₹0 Cr | ₹3.4k Cr | ₹3.5k Cr | ₹3.5k Cr | ₹3.5k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public added +0.13 pp. The shareholder count shrank 9% to 2,16,289.
- Promoters
- 63.8%
- FIIs
- 1.0%
- DIIs
- 6.2%
- Public
- 29.1%
Since Jun 2025
- Public +0.13 pp
- FIIs −0.07 pp
- DIIs −0.05 pp
How it drifted, 10 quarters
Over this window the public went from 26.8% to 29.1% — +2.3 pp.
Ownership split by quarter, oldest first. Mar '24: Promoters 63.8%, FIIs 2.5%, DIIs 7.0%, Public 26.8%.Jun '24: Promoters 63.8%, FIIs 1.6%, DIIs 6.7%, Public 28.0%.Sep '24: Promoters 63.8%, FIIs 1.5%, DIIs 6.5%, Public 28.2%.Dec '24: Promoters 63.8%, FIIs 1.1%, DIIs 6.5%, Public 28.6%.Mar '25: Promoters 63.8%, FIIs 1.1%, DIIs 6.2%, Public 28.9%.Jun '25: Promoters 63.8%, FIIs 1.1%, DIIs 6.2%, Public 28.9%.Sep '25: Promoters 63.8%, FIIs 1.1%, DIIs 6.2%, Public 28.9%.Dec '25: Promoters 63.8%, FIIs 1.1%, DIIs 6.2%, Public 28.9%.Mar '26: Promoters 63.8%, FIIs 1.0%, DIIs 6.2%, Public 29.0%.Jun '26: Promoters 63.8%, FIIs 1.0%, DIIs 6.2%, Public 29.1%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Vara Future Llp +0.47 pp 2.45% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Shipping Corporation of India Land and Assets Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| President Of India | 63.75% | unchanged |
| Life Insurance Corporation Of India Insurer | 4.98% | unchanged |
| Vara Future Llp | 2.45% | +0.47 pp |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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