Share price
₹36.88 latest close · −16.6% over the last 90 sessions
₹36.88 month-end · −22.5% over 12 months
₹36.88 month-end · −7.6% since Mar '24
52-week range ₹34.16 to ₹55.00 · 1-year volatility 32.0%
How rough has the ride been?
Drawdown from peak
Largest drawdowns
-66.2% (2024-07 peak to 2026-10 low, not yet recovered)
-18.5% (2024-03 peak to 2024-03 low, recovered 2024-04)
-18.1% (2024-04 peak to 2024-05 low, recovered 2024-06)
Most recent volume spikes
2026-09-18: 6.3x the 50-day median, price -3.6% that day
Beta is the slope of daily returns against a market-cap-weighted index of the sector's other listed companies, built from today's constituents (so it excludes companies no longer listed).
Where does it rank among Finance peers?
Each cell is the company's percentile rank among its Finance peers (non-financial companies) that month.
Darker is better-ranked.
Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).
Where it ranks today
- ROCE18thflat vs a year ago
- Op. margin11thflat vs a year ago
- Revenue growth65th▼ 9 pts vs a year ago
- EPS growth1st
- Debt/equity ↓90thflat vs a year ago
- Cash cycle ↓40th▼ 9 pts vs a year ago
- P/E ↓12th
- 12M momentum37th▲ 15 pts vs a year ago
Rank history
Percentiles use today's listed companies in the sector and need at least 5 peers with a value; grey cells have too few.
ROE is computed from net profit and book value where the source does not report it.
The Finance sector page Watch it move against Finance in the Observatory
What is the price implying?
At a P/E of 60.5x, the price would imply about 27.2%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.
Fewer than six years of annual earnings are available, which is too little to measure delivered growth.
“Implied growth” is what the current price would require under our stated assumptions, not what we expect.
What prices imply across Finance The market-wide Expectations lists
Key figures
- Share Priceclose 9 Nov
- ₹36.88
- P/E
- 60.5x
- ROCE
- 1.0%
- Market Cap
- ₹1717 cr
- Revenue (TTM)
- ₹26 cr
- P/S
- 66.0x
- P/B
- 0.6x
- ROE
- 0.9%
- Operating Margin
- -14.0%
- Debt / Equity
- 0.0x
- Promoter Holding
- 63.8%
- 12M Momentum
- -22.5%
52-week range
Price risk
Balance sheet & cash
Are profits backed by cash?
Other income reliance216%Beyond threshold
Other income as a share of pre-tax profit (trailing twelve months): 215.8%. Bands: below 15%, 15% to 35%, above 35%.
Tax rate27%Within range
Median quarterly effective tax rate over about 2.5 years: 27.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.
Cash conversion—Not enough data
Not enough reported data to compute this.
Free cash flow0 of 4 yrsBeyond threshold
Fiscal years with positive free cash flow in the last 4: 0. Bands: at least 80% of years, 40% to 80%, below 40%.
Receivable days vs history-11 daysWithin range
Debtor days are below the median of the previous three fiscal years by 11 days (55 vs 66). Bands: under 15 days, 15 to 45, over 45.
Capital work in progress0% of fixed assetsWithin range
Capital work-in-progress is 0% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.
Payable days—Not enough data
Not enough reported data to compute this.
Tap a check to see how it is measured
How to read this
Each check is a named rule with fixed thresholds, not a score. Annual statements are the latest restated figures, so a past year may differ from what was originally reported.
Who has been buying and selling?
- Over 2 years, FIIs trimmed 1.4 pts; DIIs trimmed 0.9 pts.
- The number of shareholders rose from 1.8 lakh to 2.2 lakh (+21%) between Mar 2024 and Jun 2026.
Holdings, Jun '26
How each group changed
Number of shareholders
Quarterly shareholding as reported, labelled by the quarter it covers (it becomes visible about two months later).
Shareholder counts are only available for recent quarters.
What happened next to similar setups
- We found 50 past situations where a non-financial company looked like SHIPPING CORP OF IND LAND today on valuation, return on capital, margins, debt, growth, price momentum, size and volatility.
- Over the following 12 months the middle half of them returned −27% to +20% vs the market, against −5% for all non-financial companies in the same months.
- The gap against the base rate (−0.9%, 80% range −5.4% to +7.3%) is within what chance and overlapping periods produce.
Where the 50 outcomes landed
Each dot is one past situation (hover or tap for details) · Solid dots are the closest matches, listed below · Shaded is the middle half of all companies in the same months · 1 beyond the range shown, drawn at the edge
50 past situations · 50 companies · 37 months · 2020–2025
The closest matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| JSWHL Finance |
May 2020 | 18x | 1% | −46% | −47% | +73% |
| MAHSCOOTER Finance |
Apr 2020 | 35x | 1% | −39% | −54% | 0% |
| TATAINVEST Finance |
Dec 2021 | 45x | 2% | +36% | −19% | +50% |
| KICL Finance |
Oct 2025 | 37x | 1% | −15% | −24% | −16% |
| RIIL Industrial Services |
Aug 2023 | 87x | 3% | −1% | −16% | −21% |
Show the other 3 matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| GKWLIMITED Transportation |
Jun 2020 | 78x | 5% | −21% | −39% | −28% |
| UNIENTER Producer Manufacturing |
Jul 2021 | 37x | 1% | +113% | −6% | −9% |
| MOTOGENFIN Finance |
Apr 2025 | 49x | 2% | −23% | −40% | −17% |
How reliable is this?
Matched on P/E, P/S, ROCE, operating margin, debt/equity, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: drawdown from 12-month high, 12-month momentum and P/E. Not used (unavailable for this company): interest cover. One match per company and at most 7 from any one month.
Independent periods: the matches fall in 6 distinct 12-month windows. Matches from nearby months share the same market conditions, so fewer windows means less evidence.
What else looks like this?
Companies with the most similar financial profile today, regardless of industry.
Similarity is statistical, based on reported metrics; it does not imply similar business quality or future returns.
What changed?
15 events since Jun '24
- OctPriceFell 66% from the Jul 2024 peak to the Oct 2026 low.
- SepPriceVolume reached 6.3x its 50-day median on 2026-09-18; price -3.6% that day.
- JunResultsEPS (TTM) turned positive.
- JunDividendStarted paying a dividend (payout 89% of profit).
- MayPriceVolume reached 48.2x its 50-day median on 2026-05-07; price +12.7% that day.
- FebPriceVolume reached 11.7x its 50-day median on 2026-02-09; price +7.8% that day.
- OctPriceVolume reached 6.7x its 50-day median on 2025-10-24; price +2.4% that day.
- JulPriceVolume reached 9.0x its 50-day median on 2025-07-17; price -0.7% that day.
Show 7 earlier events
- JunResultsEPS (TTM) turned negative.
- JunDividendDividend payout cut from 65% to -14% of profit.
- JunPriceVolume reached 13.3x its 50-day median on 2025-06-13; price +3.6% that day.
- MarPriceVolume reached 12.3x its 50-day median on 2025-03-20; price +10.0% that day.
- JulPriceVolume reached 12.7x its 50-day median on 2024-07-11; price +14.9% that day.
- JunDividendStarted paying a dividend (payout 65% of profit).
- JunPriceVolume reached 13.5x its 50-day median on 2024-06-18; price +10.9% that day.
Events are generated from the data by fixed rules.
The month shown is when the change became visible in the reported figures, assuming a 60-day lag after each quarter end; it is not an announcement date.
Where price and fundamentals disagree, market-wide Rewind the whole market to any month
Monthly history33 months · 2024-03 to 2026-11
| Month | P/E | Revenue (TTM) | ROE | ROCE | Debt / Equity |
|---|---|---|---|---|---|
| 2026-11 | 60.5x | ₹26 cr | 0.9% | 1.0% | 0.0x |
| 2026-10 | 57.2x | ₹26 cr | 0.9% | 1.0% | 0.0x |
| 2026-09 | 60.4x | ₹26 cr | 0.9% | 1.0% | 0.0x |
| 2026-08 | 64.0x | ₹24 cr | 0.9% | 1.0% | 0.0x |
| 2026-07 | 66.4x | ₹24 cr | 0.9% | 1.0% | 0.0x |
| 2026-06 | 70.8x | ₹24 cr | 0.9% | 1.0% | 0.0x |
| 2026-05 | — | ₹23 cr | -6.5% | 2.0% | 0.0x |
| 2026-04 | — | ₹23 cr | -6.5% | 2.0% | 0.0x |
| 2026-03 | — | ₹23 cr | -6.5% | 2.0% | 0.0x |
| 2026-02 | — | ₹23 cr | -6.5% | 2.0% | 0.0x |
| 2026-01 | — | ₹23 cr | -6.5% | 2.0% | 0.0x |
| 2025-12 | — | ₹23 cr | -6.5% | 2.0% | 0.0x |
| 2025-11 | — | ₹21 cr | -6.2% | 2.0% | 0.0x |
| 2025-10 | — | ₹21 cr | -6.2% | 2.0% | 0.0x |
| 2025-09 | — | ₹21 cr | -6.2% | 2.0% | 0.0x |
| 2025-08 | — | ₹18 cr | -6.3% | 2.0% | 0.0x |
| 2025-07 | — | ₹18 cr | -6.3% | 2.0% | 0.0x |
| 2025-06 | — | ₹18 cr | -6.3% | 2.0% | 0.0x |
| 2025-05 | 56.1x | ₹17 cr | 1.3% | 2.0% | 0.0x |
| 2025-04 | 50.8x | ₹17 cr | 1.3% | 2.0% | 0.0x |
| 2025-03 | 49.2x | ₹17 cr | 1.3% | 2.0% | 0.0x |
| 2025-02 | 43.1x | ₹16 cr | 1.5% | 2.0% | 0.0x |
| 2025-01 | 55.1x | ₹16 cr | 1.5% | 2.0% | 0.0x |
| 2024-12 | 60.0x | ₹16 cr | 1.5% | 2.0% | 0.0x |
| 2024-11 | 71.5x | ₹17 cr | 1.4% | 2.0% | 0.0x |
| 2024-10 | 64.2x | ₹17 cr | 1.4% | 2.0% | 0.0x |
| 2024-09 | 72.0x | ₹17 cr | 1.4% | 2.0% | 0.0x |
| 2024-08 | 84.3x | ₹17 cr | 1.5% | 2.0% | 0.0x |
| 2024-07 | 100.7x | ₹17 cr | 1.5% | 2.0% | 0.0x |
| 2024-06 | 79.6x | ₹17 cr | 1.5% | 2.0% | 0.0x |
| 2024-05 | — | ₹12 cr | 1.1% | 1.0% | 0.0x |
| 2024-04 | — | ₹12 cr | 1.1% | 1.0% | 0.0x |
| 2024-03 | — | ₹12 cr | 1.1% | 1.0% | 0.0x |