Shipping Corporation Declares Interim Dividend of ₹3.50 Per Share; Record Date Set Today

Mumbai, February 17, 2026: Shipping Corporation of India Limited has declared a second interim dividend of ₹3.50 per equity share, representing 35% of the face value of ₹10 per share, for the financial year 2025-26.

The dividend was approved by the Board of Directors at its meeting held on Friday, February 6, 2026, along with the approval of the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025.

Key Dates and Timeline

In accordance with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, the company has fixed Tuesday, February 17, 2026, as the record date for determining the eligibility of shareholders entitled to receive the second interim dividend.

Only those shareholders whose names appear in the Register of Members or in the records of Depositories as beneficial owners of the equity shares as of the record date will be eligible for the payout. The dividend will be paid within 30 days from the date of declaration.

Shipping Corporation Financials

For the quarter ended December 31, 2025, the Shipping Corporation reported a standalone total income of Rs. 1,66,614 lakhs, which was primarily driven by revenue from operations of Rs. 1,61,122 lakhs.

The company’s total expenses for the period amounted to Rs. 1,25,117 lakhs, with the largest costs being the cost of services rendered at Rs. 72,729 lakhs, depreciation and amortisation at Rs. 27,131 lakhs, and employee benefits at Rs. 15,405 lakhs.

The company achieved a profit before tax of Rs. 41,497 lakhs. After accounting for a total tax expense of Rs. 2,160 lakhs, the net profit for the period stood at Rs. 39,337 lakhs. The total comprehensive income was recorded at Rs. 39,876 lakhs, resulting in basic and diluted earnings per share (EPS) of Rs. 8.45.

Impact on Shareholders

The interim dividend of ₹3.50 per equity share will result in a cash payout to eligible shareholders. The total dividend outgo on this account is estimated at ₹163.03 crore.

As this is a cash dividend, it does not alter the company’s equity capital, shareholding structure, or ownership proportions, and there is no dilution impact associated with this corporate action.

Market Snapshot & Share Price Effect

As of 17 February 2026, 10:24 AM IST, on the NSE, Shipping Corporation of India Ltd share price was ₹271.89, up ₹3.03 or 1.13% compared with the previous close of ₹268.86. The stock opened at ₹266.83 and traded within a high of ₹273.79 and a low of ₹266.60 during the session.

The company commands a market capitalization of approximately ₹12.67K crore with a P/E ratio of 11.18. Over the past 52 weeks, the share has recorded a high of ₹280.50 and a low of ₹138.26. The company offers a dividend yield of 3.04%, with a quarterly dividend amount of ₹2.04.

Ref:

• https://nsearchives.nseindia.com/corporate/SCI_06022026203630_Binder1sd.pdf
• https://www.nseindia.com/get-quote/equity/SCI/Shipping-Corporation-Of-India-Limited