On 6 Nov 2026, Shipping Corporation of India Land and Assets was priced at ₹36.06, or 46.8× trailing earnings, against an industry P/E of 21.3×, and the shares are 34% below their 52-week high. Its ROCE of 1.2% is the second-lowest among the 7 largest Real Estate Services peers, and sales grew 23% a year over 3 years while net profit fell 6.8%, though net profit is above operating profit, which points to a one-off gain. It has almost no debt, and its dividend yield is 1.5%. It is a small-cap company with a market cap of ₹1,680 Cr, ranked 9th of 64 Real Estate Services companies by market cap; the shares fell 27% over the past year.
- ₹36.25
- ₹37.40
- ₹35.11
- ₹36.37
- 3.5 L
Health check
- ReturnsBehind
−27.2% over a year, better than 2 of 7 peers.
- Price tagDistorted
A one-off gain inflates profit, so P/E isn’t comparable right now.
- GrowthSteady
Sales +23.1%, profit −6.8% a year over 3 years.
- ProfitabilityWeak
ROCE 1.2% vs peer median 7.6%.
- Balance sheetSolid
Practically debt-free, Piotroski 6 of 9.
- Red flags5 to check
Return on equity is low at 1.2%.
Small cap
Moves with the market
Key metrics
- Market cap
- ₹1,680 Cr
- Small cap
- P/E
- 46.8
- Industry 21.3
- Price to book
- 0.56
- Peers 7.92
- Dividend yield
- 1.53%
- ROE
- 1.2%
- Peers 10.5%
- ROCE
- 1.2%
- Peers 7.6%
- Debt to equity
- 0.00
- Debt ₹0.09 Cr
- EPS (TTM)
- ₹0.77
- Face value ₹10
- OPM (TTM)
- −112.7%
- Net margin 133.6%
- Sales growth
- +25.1%
- Latest quarter vs a year ago
- Profit growth
- +180.4%
- Latest quarter vs a year ago
- Price to sales
- 62.23
- EV/EBITDA −151.5
Strengths and risks
Strengths
- Practically debt-free.
- Quarterly profit up 180.4% on a year ago.
- Quarterly sales up 25.1% on a year ago.
Risks to check
- Return on equity is low at 1.2%.
- Net profit is above operating profit, so a one-off gain is likely flattering earnings.
- P/E of 46.8 against an industry P/E of 21.3.
- 34% below its 52-week high.
- Interest coverage of only −1478.3×.
About Shipping Corporation of India Land and Assets
Shipping Corporation of India Land and Assets Limited engages in the real estate activities with own or leased property in India. It also provides higher, technical, and vocational education services. Shipping Corporation of India Land and Assets Limited was incorporated in 2021 and is based in Mumbai, India.
- Headquarters
- Mumbai
- Sector
- Real Estate
- ISIN
- INE0PB301013
- Website
- scilal.com
Price range
- Avg volume (3M)
- 2.2 L
- 1-year return
- minus 27.2%
- From 52-week high
- minus 34.4%
Peers · Real Estate Services
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| ABRELAditya Birla Real Estate | 1,068.40 | minus 1.99% | 11,853 | – | – | −5.2% | −3.6% | 0.79 | −52.6% | minus 41.3% |
| WEWORKWeWork India Management | 681.65 | plus 1.04% | 9,466 | 95.7 | 9.4 | 12.3% | 64.2% | 16.44 | – | plus 6.7% |
| SMARTWORKSSmartworks Coworking Spaces | 515.85 | plus 4.91% | 5,900 | 52.4 | 9.2 | 7.4% | 65.3% | 10.29 | 36.2% | minus 18.9% |
| NIRLONNirlon | 635.00 | minus 0.57% | 5,722 | 20.4 | 12.6 | 23.3% | 77.4% | 2.42 | 5.4% | plus 16.4% |
| INDIQUBEIndiqube Spaces | 184.32 | plus 2.39% | 3,908 | – | 9.9 | 5.5% | 60.8% | 10.12 | 35.8% | minus 15.3% |
| ELPROINTLElpro International | 169.55 | plus 0.26% | 2,874 | 22.3 | 50.5 | 7.6% | 36.2% | 0.60 | 58.2% | plus 60.9% |
| EFCILEFC (I) | 165.12 | plus 0.22% | 2,443 | 8.3 | 8.1 | 16.0% | 44.5% | 1.73 | 115.7% | minus 43.6% |
| SCILALShipping Corporation of India Land and Assets | 36.06 | minus 0.85% | 1,680 | 46.8 | – | 1.2% | −60.2% | 0.00 | 23.1% | minus 27.2% |
| Median of 7 peers | – | 0.26% | 5,722 | 22.3 | 9.6 | 7.6% | 60.8% | 2.42 | 36.0% | −15.3% |
Quarterly results
| ₹ Cr | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 6.1 | 5.7 | 5.8 | 7.9 | 7.7 | |
| 21 | 10.6 | 26.1 | 8.9 | 11.7 | |
| −14.9 | −5 | −20.3 | −1.1 | −4.1 | |
| −242.6% | −88.3% | −349.6% | −13.7% | −52.8% | |
| 21.4 | 20.9 | 20 | 20 | 20.4 | |
| – | 0 | – | – | – | |
| 0.7 | 0.5 | 1 | 0.7 | 0.6 | |
| 5.9 | 15.4 | −1.3 | 18.2 | 15.7 | |
| 28.6% | 27.7% | 34.4% | 23.1% | 25.3% | |
| 4.2 | 11.1 | −0.8 | 14 | 11.8 | |
| 0.09 | 0.24 | -0.02 | 0.30 | 0.25 |
Profit & loss
- Sales CAGR 3Y
- +23.1%
- Profit CAGR 3Y
- −6.8%
- EPS CAGR 3Y
- −6.7%
- ROE
- 1.2%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 12.5 | 17.2 | 18.3 | 23.3 | |
| – | +37.8% | +6.3% | +27.3% | |
| 25.9 | 39.7 | 29.4 | 38.1 | |
| −13.4 | −22.5 | −11.1 | −14.8 | |
| −107.4% | −130.7% | −60.4% | −63.4% | |
| 31.8 | 78.3 | 78.5 | 56.5 | |
| 0 | 0 | 0 | 0 | |
| 0.8 | 0.7 | 2.3 | 2.4 | |
| 17.6 | 55.1 | 65.1 | 39.3 | |
| −102.2% | 13.8% | 390.7% | 26.7% | |
| 35.6 | 47.5 | −189 | 28.8 | |
| – | +33.6% | minus 498.8% | – | |
| 0.76 | 1.02 | -4.07 | 0.62 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| – | 466 | 466 | 466 | |
| – | 2,756 | 2,536 | 2,539 | |
| 0.1 | 0.1 | 0.1 | 0.1 | |
| 252 | 276 | 514 | 545 | |
| 3,426 | 3,498 | 3,516 | 3,550 | |
| 2,390 | 2,398 | 2,390 | 2,389 | |
| 1 | 8 | 0.1 | 0.1 | |
| 0.4 | 0.4 | 0.4 | 0.4 | |
| 1,000 | 1,046 | 1,063 | 1,096 | |
| 34.6 | 46.8 | 63.1 | 64.5 | |
| 3,426 | 3,498 | 3,516 | 3,550 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −23.3 | −379 | −49.4 | −60.8 | |
| 33.3 | 373 | 79.7 | 85.1 | |
| −0 | −0 | −30.7 | −25.6 | |
| 10 | −6.7 | −0.4 | −1.3 | |
| −1.1 | −7.7 | −6.4 | −1.2 | |
| −24.4 | −387 | −55.8 | −62 | |
| – | – | −30.7 | −25.6 |
Shareholding pattern
- Promoters63.75%
- Public36.25%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 63.75% | 36.25% | 0.00 | |
| 30 Jun 2026 | 63.75% | 36.25% | 0.00 | |
| 31 Mar 2026 | 63.75% | 36.25% | 0.00 | |
| 31 Dec 2025 | 63.75% | 36.25% | 0.00 | |
| 30 Sep 2025 | 63.75% | 36.25% | – |
Major shareholders
Filings & events
News
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