X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2018 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
Compare Shipping Corp. with Varun Shipping - Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

SHIPPING CORP. vs VARUN SHIPPING - Comparison Results

SHIPPING CORP.    Change

SCI is the largest shipping company in India with a fleet of 83 vessels with tonnage of 4.9 mdwt (million dead weight tonnes). The company was established in 1961 with the amalgamation of Eastern Shipping Corporation and Western Shipping Corporation,... More

VARUN SHIPPING 
   Change

Varun Shipping Company (VSC) is the largest LPG tanker operator in the country. In addition to LPG, VSC has presence in crude products and offshore segments. The current fleet comprises 10 LPG carriers, 3 crude oil tankers and 7 AHTS (anchor handling... More

DO YOU LIKE THESE REPORTS? TELL US!

Current Valuations

    SHIPPING CORP. VARUN SHIPPING SHIPPING CORP./
VARUN SHIPPING
 
P/E (TTM) x 11.2 -0.3 - View Chart
P/BV x 0.5 0.2 191.2% View Chart
Dividend Yield % 0.0 5.1 -  

Financials

 SHIPPING CORP.   VARUN SHIPPING
EQUITY SHARE DATA
    SHIPPING CORP.
Mar-14
VARUN SHIPPING
Sep-12
SHIPPING CORP./
VARUN SHIPPING
5-Yr Chart
Click to enlarge
High Rs4533 137.0%   
Low Rs2614 187.9%   
Sales per share (Unadj.) Rs90.950.1 181.3%  
Earnings per share (Unadj.) Rs-5.9-10.1 58.1%  
Cash flow per share (Unadj.) Rs12.58.4 148.0%  
Dividends per share (Unadj.) Rs00.50 0.0%  
Dividend yield (eoy) %02.1 0.0%  
Book value per share (Unadj.) Rs136.143.5 312.6%  
Shares outstanding (eoy) m465.80150.01 310.5%   
Bonus/Rights/Conversions ---  
Price / Sales ratio x0.40.5 83.9%   
Avg P/E ratio x-6.1-2.3 261.8%  
P/CF ratio (eoy) x2.92.8 102.8%  
Price / Book Value ratio x0.30.5 48.7%  
Dividend payout %0-4.9 0.0%   
Avg Mkt Cap Rs m16,6523,525 472.4%   
No. of employees `0002.70.5 530.2%   
Total wages/salary Rs m4,1471,506 275.3%   
Avg. sales/employee Rs Th15,963.015,032.0 106.2%   
Avg. wages/employee Rs Th1,564.13,012.0 51.9%   
Avg. net profit/employee Rs Th-1,036.1-3,044.0 34.0%   
INCOME DATA
Net Sales Rs m42,3187,516 563.0%  
Other income Rs m3,0721,149 267.4%   
Total revenues Rs m45,3908,665 523.8%   
Gross profit Rs m5,8852,271 259.1%  
Depreciation Rs m8,5642,788 307.2%   
Interest Rs m2,0774,131 50.3%   
Profit before tax Rs m-1,685-3,499 48.2%   
Minority Interest Rs m00-   
Prior Period Items Rs m-52924 -2,204.6%   
Extraordinary Inc (Exp) Rs m01,971 0.0%   
Tax Rs m53318 2,959.4%   
Profit after tax Rs m-2,747-1,522 180.5%  
Gross profit margin %13.930.2 46.0%  
Effective tax rate %-31.6-0.5 6,146.2%   
Net profit margin %-6.5-20.3 32.1%  
BALANCE SHEET DATA
Current assets Rs m32,51713,381 243.0%   
Current liabilities Rs m32,11717,730 181.1%   
Net working cap to sales %0.9-57.9 -1.6%  
Current ratio x1.00.8 134.2%  
Inventory Days Days164 445.1%  
Debtors Days Days88131 67.3%  
Net fixed assets Rs m119,97629,050 413.0%   
Share capital Rs m4,6581,500 310.5%   
"Free" reserves Rs m43,3313,735 1,160.1%   
Net worth Rs m63,3986,531 970.7%   
Long term debt Rs m65,70719,764 332.5%   
Total assets Rs m162,54844,428 365.9%  
Interest coverage x0.20.2 123.5%   
Debt to equity ratio x1.03.0 34.2%  
Sales to assets ratio x0.30.2 153.9%   
Return on assets %-0.45.9 -7.0%  
Return on equity %-4.3-23.3 18.6%  
Return on capital %-0.110.0 -1.1%  
Exports to sales %00-   
Imports to sales %00-   
Exports (fob) Rs mNANA-   
Imports (cif) Rs mNANA-   
Fx inflow Rs m00-   
Fx outflow Rs m01 0.0%   
Net fx Rs m0-1 0.0%   
CASH FLOW
From Operations Rs m8,399-3,576 -234.9%  
From Investments Rs m-9,65723,939 -40.3%  
From Financial Activity Rs m-1,201-17,178 7.0%  
Net Cashflow Rs m-2,4593,185 -77.2%  

Share Holding

Indian Promoters % 63.8 15.6 409.0%  
Foreign collaborators % 0.0 22.2 -  
Indian inst/Mut Fund % 18.8 7.9 237.3%  
FIIs % 1.6 0.2 800.0%  
ADR/GDR % 0.0 0.0 -  
Free float % 15.9 54.1 29.4%  
Shareholders   185,314 86,049 215.4%  
Pledged promoter(s) holding % 0.0 41.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare SHIPPING CORP. With:   MERCATOR LTD  DREDGING CORP  ESSAR PORTS  ABAN OFFSHORE  ABG SHIPYARD  



Today's Market

Sensex Ends Day up 260 Points; Pharma Stocks Top Gainers(Closing)

After opening the day in red, share markets in India witnessed positive trading activity throughout the day and ended the day on a positive note.

Related Views on News

SHIPPING CORP. Announces Quarterly Results (4QFY18); Net Profit Up 175.5%

May 25, 2018 | Updated on May 25, 2018

For the quarter ended March 2018, SHIPPING CORP. has posted a net profit of Rs 3 bn (up 175.5% YoY). Sales on the other hand came in at Rs 9 bn (up 2.1% YoY). Read on for a complete analysis of SHIPPING CORP.'s quarterly results.

GE Shipping: Disappointing Performance (Quarterly Results Update - Detailed)

Nov 16, 2017

GE Shipping reported a subdued performance on the back of weak tanker and offshore segment.

G E Shipping: Feeling Pressure From the Offshore Segment (Quarterly Results Update - Detailed)

Aug 18, 2017

GE Shipping reported a subdued performance on the back weak offshore segment.

Cochin Shipyard Limited (IPO)

Aug 1, 2017

Should you subscribe to the IPO of Cochin Shipyard Ltd?

GE Shipping: Disappointing Performance (Quarterly Results Update - Detailed)

Nov 16, 2017

GE Shipping reported a subdued performance on the back of weak tanker and offshore segment.

More Views on News

Most Popular

Alert: Pharma Stocks Are About to Shoot Up - And a Superb Stock for Trading(Profit Hunter)

Jun 13, 2018

The ailing pharma stocks are bouncing back to health. Read this to find out the best way to profit from them.

Will You Dump Your Client if You're Busy? Inox Wind's Auditor Just Did...(The 5 Minute Wrapup)

Jun 14, 2018

After Inox Wind, you may see more auditors resigning And the reasons can be as funny as they can get.

GST Will Not Solve Problem of High Prices of Petrol and Diesel(Vivek Kaul's Diary)

Jun 13, 2018

Though it will bring transparency in their pricing and that in itself will be a welcome move.

Should You Invest In Mirae Asset Healthcare Fund?(Outside View)

Jun 15, 2018

Mirae Asset Mutual Fund launches NFO - Mirae Asset Helathcare Fund.

Has the Market Bottomed Out?(Sector Info)

Jun 11, 2018

The yield spread is an effective barometer that can indicate the direction the markets are headed.

More

Small Investments
BIG Returns

Zero To Millions Guide 2018
Get our special report, Zero To Millions
(2018 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

SHIPPING CORP. SHARE PRICE


Jun 22, 2018 (Close)

TRACK SHIPPING CORP.

  • Track your investment in SHIPPING CORP. with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

MORE ON SHIPPING CORP.

SHIPPING CORP. - ABAN OFFSHORE COMPARISON

COMPARE SHIPPING CORP. WITH

MARKET STATS