Shipping Corporation Share Price Target 2025, 2026, 2028, 2030, 2035

Shipping Corporation Share Price Target

Shipping Corporation Share is in a bullish trend in the share market. During the ups and downs, you should know all about the share details before investing. In this blog, we will discuss the Shipping Corporation Share Price Targets for 2025, 2026, 2028, 2030, and 2035. We will try to analyze the share base in the company’s overall performance.

We also examine the company’s profit growth over the last 5 years, its sales growth over the same period, and its return on equity (ROE) percentage over the same period. Similarly, we also compare the share growth, the share price return, and whether the share has increased or decreased over the last 5 years. We also take advice from experts about when we should invest in the share, which may be helpful for you. Let’s have a look at the Shipping Corporation Share Price Target from 2025 to 2035.

Overview Of Shipping Corporation Of India Limited

The Shipping Corporation of India is a public sector undertaking that operates and manages vessels servicing both national and international lines. It is under the ownership of the Government of India and under the administrative control of the Ministry of Ports, Shipping and Waterways, with its headquarters in Mumbai. The company was established on 2 October 1961 by the amalgamation of Eastern Shipping Corporation and Western Shipping Corporation.

Fundamental Analysis of Shipping Corporation of India Limited

Company NameShipping Corporation Of India Limited
Market Cap₹10,552.39 Crore
P/B1.38
P/E12.98
52 Week High₹385.10
52 Week Low₹138.25
Book Value₹166.25
Face Value₹10
DIV. YIELD2.91%
ROE9.20%
ROA5.48%
Current Ratio1.26

Shipping Corporation Share Price Target 2025

The Shipping Corporation share price target forecast for 2025 may vary from ₹210.39 to ₹247.36.

Influencing key factors of the Shipping Corporation Share Price Target 2025

  • Largest Shipping Company
  • With the headquarters in Mumbai, Shipping Corporation of India is the Indian Government-owned public sector enterprise operating and managing vessels to service both National and International trades. The company, being India’s premier shipping line, operates around one-third of the Indian tonnage. Established on October 2, 1961, the company has evolved into the largest Indian shipping company.
  • Supply Of Crude Oil
  • Starting as a marginal liner company with just 19 vessels, the company changed to be the lifeline of the nation, ensuring a continued and uninterrupted supply of crude oil, driving the economy. The presence of a modern, young, and diversified fleet with trained and experienced manpower has enhanced the company’s growth.
  • Tankers Business
  • The company evolved to be the largest tanker owner in India. The company has a well-diversified fleet of crude oil tankers. The company delivers a wide range of tankers consisting of sizes MR, LR-1, LR-2, Aframax, Suezmax, and VLCC Tankers, serving the enhanced growth of the Indian oil industry. In synergy with refines, the company deploys the tankers for the coastal movement of petroleum products. It ensures a uniform supply of clean petroleum products to the end-user through the public distribution system.
MonthShipping Corporation Share Price Target 2025
(1st Price Target)
Shipping Corporation Share Price Target 2025
(2nd Price Target)
June₹210.39₹220.19
July₹218.44₹226.52
August₹224.61₹233.81
September₹232.72₹241.20
October₹238.81₹247.39
November₹237.09₹245.91
December₹239.61₹247.36

Shipping Corporation Share Price Target 2026

Shipping Corporation Share Price Target forecast for 2026 may vary from ₹245.16 to ₹288.61.

Influencing key factors of the Shipping Corporation Share Price Target 2026

  • Bulk Carriers
  • With an assortment of 15 bulk carriers, the company has turned out to be the major bulk carrier operator in India. Transporting mainly raw materials and semi-finished goods, the vessels are mainly ordered for India-centric trade. Carrying a wide range of cargo like coal, coke, grain, steel products, iron ore, bauxite, fertilizer, the vessels are used for cross-trading across the world.
  • Container Business
  • Forming the largest segment in the L&PS Division, container services deliver worldwide coverage to the containerized cargoes across the Indian Sub-continent. The delivers space charter arrangements based on containerized vessels along with break-bulk vessels of a wide range of Main Line Operators.
  • Offshore Business
  • Delivering vital offshore marine logistics, the company supports the Indian oil industry in its indigenous oil exploration accomplishments. Shipping Corporation of India ensures operations, manning, maintenance, and management (O&M) services of the Well Stimulation Vessel, multi-support vessel, diving support vessel, geotechnical vessel, offshore supply vessels, and mobile offshore drilling units to the oil exploration companies.
MonthShipping Corporation Share Price Target 2026
(1st Price Target)
Shipping Corporation Share Price Target 2026
(2nd Price Target)
January₹245.16₹252.39
February₹250.62₹259.27
March₹249.48₹259.46
April₹257.30₹268.92
May₹265.75₹273.55
June₹271.44₹278.34
July₹275.13₹281.61
August₹279.06₹285.62
September₹267.36₹274.90
October₹259.19₹267.82
November₹265.30₹273.48
December₹279.16₹288.61

Also Read – Cochin Shipyard Share Price Target

Shipping Corporation Share Price Target 2028

Shipping Corporation Share Price Target forecast for 2028 may vary from ₹334.29 to ₹382.94.

Influencing key factors of the Shipping Corporation Share Price Target 2028

  • Break Bulk
  • Shipping Corporation of India is the only Indian shipping company delivering overseas liner-break services to the Indian trade based on space charter from regions across the world. Break bulk shipping involves transporting large cargo in smaller units, like pallets, barrels, drums, boxes, or bags. Currently, break bulk shipping is used frequently to transport heavy goods like oil and gas, energy, marine, and mining.
  • Passenger Services
  • While serving the international trade, the company, on behalf of the Indian government, operates and manages 27 domestic passenger and cargo transportation services amid the Mainland – Andaman & Nicobar group of islands & inter-island vessels. The company also deals with chartering business, which is the most commonly used term in the shipping industry and is corporate in nature. The chartering departments are related to in/out chartering for a variety of ships.
  • Lighterage Operation
  • The company is a pioneer of lighterage operations in India. In 1975, a dedicated lighterage cell acquired the necessary equipment and conducted sea Ship-to-Ship lighterage operations on the Indian coast. Lighterage operations transfer the wet and dry cargoes between ships of varying sizes.
MonthShipping Corporation Share Price Target 2028
(1st Price Target)
Shipping Corporation Share Price Target 2028
(2nd Price Target)
January₹334.29₹343.67
February₹341.82₹350.35
March₹327.61₹336.16
April₹334.70₹342.90
May₹340.57₹349.61
June₹347.01₹355.90
July₹352.95₹359.61
August₹357.47₹366.18
September₹364.77₹372.80
October₹370.49₹378.46
November₹374.29₹381.23
December₹375.18₹382.94

Shipping Corporation Share Price Target 2030

Shipping Corporation Share Price Target forecast for 2030 may vary from ₹425.68 to ₹466.79.

Influencing key factors of the Shipping Corporation Share Price Target 2030

  • Shipping Market
  • Shipping Corporation of India plays a global trade, with about 85% of all trade moved by sea. In addition to this long-term growth trend in volume, there has been a broadening of the cargo base and an increasing complexity. Besides the traditional influence of the global business cycle and commodity prices, other factors are increasingly impacting trade and freight between the US and China trade war, the impact of sanctions, the growth of US energy exports, and fleet supply interruption. In the container industry, growth in fleet capacity continued to exert downward pressure on rates for most major trade routes, including the busy westbound Asia-Europe lane.
  • Design Consultancy
  • The company has a good design consultancy team who mainly involved in the preparation of technical specifications, preliminary machinery layout plan, preliminary accommodation layout plan, and preliminary GA plan is all done by the design consultancy. The company also has a good project managment team that mainly focuses on the preparation of the ship-building contract, monitoring of finance during construction, delivery protocols and related documents, and post-delivery and guarantee matters.
  • Dry Docking Business
  • Dry docking is popularly used when a ship is taken to the service yard for repair. The process comprises cleaning and inspecting the submerged portions of the hull by taking the ship to dry land. Dry docking is usually done every 12 months to 24 months to ensure the repair and replacement of the defective systems.
YearShipping Corporation Share Price Target 2030
1st Price Target₹425.68
2nd Price Target₹466.79

Shipping Corporation Share Price Target 2035

Shipping Corporation Share Price Target forecast for 2035 May vary from ₹678.27 to ₹720.39.

Influencing key factors of the Shipping Corporation Share Price Target 2035

  • Advanced Information Technology
  • The company has implemented a large-scale integrated SAP ERP system using state-of-the-art technology, and all the stakeholders, such as employees, customers, vendors, Agents, and the management, are benefiting. A disaster recovery site is built at the Kolkata office to ensure business continuity during any emergency. The company has successfully implemented GST (Goods and Services Tax) related changes on ERP systems.
  • Crude and Product Oil Tankers Customers
  • The major customers are Indian Public Sector Units like IOCL, BPCL, HPCL, MRPL, CPCL, ONGC, and private companies like Reliance, Cairn Energy. The major international customers are Oil Majors and refiners like Shell, BP, Vitol & Trafigura, etc. The customers for LPG Tankers are also mostly Indian Companies like IOCL, HPCL, BPCL, etc. LNG vessels are chartered to Petronet, and one vessel is also novated to Exxon.
YearShipping Corporation Share Price Target 2035
1st Price Target₹678.27
2nd Price Target₹720.39

Last Few Years’ Performance Of Shipping Corporation Limited

Profit Growth

  • In the last 5 years, 48.69%
  • In the last 3 years, -0.36%
  • In the last 1 year, -24.22%

The company’s Net Profit was ₹800.39 Crore in March 2023, which decreased to ₹615.29 Crore in March 2024. The company’s Operating Profit was ₹1,560.38 Crore in March 2023, which decreased to ₹1,465.38 Crore in March 2024.

Sales Growth

The company’s sales growth percentage over the last 5 years is described below.

  • In the last 5 years, 5.86%
  • In the last 3 years, 11.05%
  • In the last 1 year, -12.68%

The Net Sales amount of the company was ₹1,325.89 Crore in December 2024, which increased to ₹1,389.62 Crore in March 2025.

ROE Percentage

The ROE percentage growth of the company in the last 5 years is described below.

  • In the last 5 years, 9.86%
  • In the last 3 years, 12.01%
  • In the last 1 year, 9.86%

ROCE Percentage

The ROCE percentage growth of the company in the last 5 years is described below.

  • In the last 5 years, 8.26%
  • In the last 3 years, 9.86%
  • In the last 1 year, 8.45%

Total Expenditure Amount

The company’s Total Expenditure was ₹946.38 Crore in December 2024 and increased to ₹960.75 Crore in March 2025.

The Net Cash Flow Amount

The net cash flow of the company was ₹34.96 Crore in March 2023, which increased to ₹525.37 Crore in March 2024.

Peer Company of Shipping Corporation Limited

Peer CompanyMarket Cap (Crore)
Great Easern Shipping Company Limited₹13,910.45
Essar Shipping Limited₹663.59
Transworld Shipping Lines Limited₹636.95
Sadhav Shipping Limited₹151.38

Discussion About Shareholding Pattern Of Shipping Corporation Of India Limited

Shipping Corporation Share Price Target 2025

Shipping Corporation of India Limited mainly has four types of shareholding patterns, such as promoter holding, public holding, DII, and FII. Depending on the shareholding pattern, we can majorly influence the company’s growth.

Investor TypePercentage
Promoter Holding (Owned by the company’s promoter)63.80%
Public Holding (Held by the public)28.40%
FII (Invest by Foreign Institutional Investor)4.70%
DII (Invest money by Domestic Institutional Investor)3.10%

What Is The Expert Advice About The Investment In Shipping Share

Positive Sides

  • The company has a good cash flow managment, PAT stands at 1.99.
  • The company has a good promoter holding capacity, which is 63.80%.
  • The company has been maintaning an effective average operating margin of 28.96% in the last 5 years.

Negative Sides

  • The company has a poor profit growth, which was -0.36% in the last 3 years.
  • The company has a poor revenue growth, which was 10.89% in the last 3 years.
  • The company’s tax rate is low, which is -5.96.
  • The company has contingent liabilities of ₹3,998.62 Crore.

Also Read – GRSE Share Price Target

The Last Few Years’ Share Price Updation Of Shipping Corporation Share

Shipping Corporation Share always gives good returns to investors, which is described in the portion below.

  • The last 1 month’s share growth was +46.23 (24.50%).
  • The last 6 months’ share growth was +1.94 (0.83%).
  • The last 1 year’s share growth was -50.32 (-17.72%).
  • The last 5 years’ share growth was +184.79 (373.29%).
  • The maximum share growth was +173.86 (290.46%).
Shipping Corporation Share Price Target 2026
  • Shipping Corporation share price return percentage was 23.80% in the last 1 month.
  • The last 3 months’ share price return percentage was 57.39%.
  • The last 1 year’s share price return percentage was -13.87%.
  • The last 3 years’ share price return percentage was 137.18%.
  • The last 5 years’ share price return percentage was 375.82%.

FAQ

What is the Shipping Corporation Share Price Target for 2025?

Shipping Corporation Share Price Target for 2025 is ₹210.39 to ₹247.36.

What is the Shipping Corporation Share Price Target for 2026?

Shipping Corporation Share Price Target for 2026 is ₹245.16 to ₹288.61.

What is the Shipping Corporation Share Price Target for 2028?

Shipping Corporation Share Price Target for 2028 is ₹334.29 to ₹382.94.

What is the Shipping Corporation Share Price Target for 2030?

Shipping Corporation Share Price Target for 2030 is ₹425.68 to ₹466.79.

What is the Shipping Corporation Share Price Target for 2035?

Shipping Corporation Share Price Target for 2035 is ₹678.27 to ₹720.39.

Conclusion

This website is written to help the investor gain some basic knowledge about the market strategy of the Shipping Corporation Share. For making this blog, we take consultation from experts and research the company. It is expected that the Shipping Corporation Share Price Target will be a good choice to invest in on a long-term basis. The demand for the vessels servicing the manufacturing sector in India and outside of the country always increases, as a result of which the company and its share may increase rapidly.

We try to give an in-depth idea about the share. If you think it is helpful to you, you can share it. If you have any questions, please let us know through the comment box. We will try to reply to your questions and solve your problem. Thanks for visiting this website and thanks for being with us.

Disclaimer – We are not SEBI-registered advisors. A financial market is always risky to anyone. This website is only for training and educational purposes. So, before investing, we are requested to discuss certified expertise. We will not be responsible for anyone’s profit or loss.

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