SCILAL Reports FY26 Net Profit of Rs. 2,882 Lakhs; Recommends Dividend of Re. 0.55 Per Share

Shipping Corporation of India Land and Assets Limited (SCILAL), a Government of India Enterprise, has announced its audited standalone financial results for the quarter and financial year ended March 31, 2026. The Board of Directors approved the financial results at its meeting held on May 5, 2026. The statutory audit was conducted by M/s A. T. Jain & Co., Chartered Accountants, who issued an unmodified opinion on the financial results, as declared by Chairman & Managing Director Capt. B.K. Tyagi pursuant to Regulation 33(3)(d) of the SEBI (LODR) Regulations, 2015.

Financial Performance

For the full year ended March 31, 2026, SCILAL reported a significant turnaround, posting a net profit of Rs. 2,882 lakhs compared to a net loss of Rs. 18,938 lakhs in the previous year. Total income for the year rose to Rs. 10,677 lakhs from Rs. 10,335 lakhs in the prior year, driven by revenue from operations of Rs. 2,330 lakhs and other income of Rs. 8,347 lakhs. Total expenses for the year stood at Rs. 6,743 lakhs, resulting in a profit before tax of Rs. 3,934 lakhs. The basic and diluted earnings per share (EPS) for the year improved to Rs. 0.62 from a negative Rs. (4.07) in the prior year. For the quarter ended March 31, 2026, the company reported a loss of Rs. 84 lakhs on total income of Rs. 2,584 lakhs.

Metric: Year Ended 31.03.2026 Year Ended 31.03.2025 Quarter Ended 31.03.2026 Quarter Ended 31.03.2025 Revenue from Operations (Rs. in lakhs): 2,330 1,830 581 488 Other Income (Rs. in lakhs): 8,347 8,505 2,003 2,111 Total Income (Rs. in lakhs): 10,677 10,335 2,584 2,599 Total Expenses (Rs. in lakhs): 6,743 3,821 2,712 858 Profit Before Tax (Rs. in lakhs): 3,934 6,514 (128) 1,741 Net Profit/(Loss) (Rs. in lakhs): 2,882 (18,938) (84) (22,437) Basic EPS (Rs.): 0.62 (4.07) (0.02) (4.82)

Segment Results

SCILAL operates through two business segments: MTI and Others. The Others segment, which encompasses investment property, HRA & HRR recovery, rent income, and interest income, remained the primary revenue contributor. For the year ended March 31, 2026, the Others segment reported segment revenue of Rs. 8,732 lakhs and a profit before tax and interest of Rs. 4,815 lakhs. The MTI segment, which covers training institution operations with training fees as operating income, reported segment revenue of Rs. 1,945 lakhs but recorded a loss before tax and interest of Rs. 880 lakhs for the year.

Segment: Year Ended 31.03.2026 Revenue (Rs. in lakhs) Year Ended 31.03.2025 Revenue (Rs. in lakhs) Year Ended 31.03.2026 Profit/(Loss) Before Tax & Interest (Rs. in lakhs) Year Ended 31.03.2025 Profit/(Loss) Before Tax & Interest (Rs. in lakhs) MTI: 1,945 1,520 (880) (690) Others: 8,732 8,815 4,815 7,205 Total: 10,677 10,335 3,935 6,515

Balance Sheet Highlights

As at March 31, 2026, SCILAL's total assets stood at Rs. 3,54,992 lakhs, up from Rs. 3,51,579 lakhs as at March 31, 2025. Total equity increased to Rs. 3,00,471 lakhs from Rs. 3,00,151 lakhs. Non-current assets were Rs. 2,40,310 lakhs, while current assets stood at Rs. 1,14,682 lakhs. Total liabilities were Rs. 54,521 lakhs, comprising non-current liabilities of Rs. 24,116 lakhs and total current liabilities of Rs. 30,405 lakhs. Other equity stood at Rs. 2,53,891 lakhs as at March 31, 2026, compared to Rs. 2,53,571 lakhs in the prior year.

Balance Sheet Item: As at 31.03.2026 (Rs. in lakhs) As at 31.03.2025 (Rs. in lakhs) Total Non-Current Assets: 2,40,310 2,40,428 Total Current Assets: 1,14,682 1,11,151 Total Assets: 3,54,992 3,51,579 Total Equity: 3,00,471 3,00,151 Total Non-Current Liabilities: 24,116 24,058 Total Current Liabilities: 30,405 27,370 Total Liabilities: 54,521 51,428

Cash Flow Summary

For the year ended March 31, 2026, SCILAL reported a net cash outflow from operating activities of Rs. 6,077 lakhs, compared to Rs. 4,942 lakhs in the prior year. Net cash inflow from investing activities was Rs. 8,505 lakhs, primarily driven by interest received of Rs. 8,629 lakhs. Cash outflow from financing activities was Rs. 2,557 lakhs, which included dividend payments of Rs. 2,556 lakhs. Cash and cash equivalents at the end of the period stood at Rs. 161 lakhs, compared to Rs. 290 lakhs at the beginning of the period.

Cash Flow Item: Year Ended 31.03.2026 (Rs. in lakhs) Year Ended 31.03.2025 (Rs. in lakhs) Net Cash from Operating Activities: (6,077) (4,942) Net Cash from Investing Activities: 8,505 7,971 Net Cash from Financing Activities: (2,557) (3,069) Net Increase/(Decrease) in Cash: (129) (40) Closing Cash & Cash Equivalents: 161 290

Dividend Recommendation

The Board of Directors has recommended a dividend of Re. 0.55 per equity share of face value Rs. 10 each, representing 5.50% per share for FY 2025-26. The total outgo on this account is estimated to be approximately Rs. 25.62 crores. This recommendation is subject to the approval of shareholders at the ensuing Annual General Meeting. If declared, the dividend will be paid within 30 days from the date of its declaration at the AGM.

Auditor Appointment

Based on the recommendation of the Audit Committee, the Board approved the appointment of M/s Amit Ray & Co., Chartered Accountants (FRN 000483C), as the Internal (External) Auditor of the company for a period of two years covering FY 2026-27 and FY 2027-28, effective from April 1, 2026, with an extension of one year at the sole discretion of SCILAL, in accordance with Section 138 of the Companies Act, 2013. M/s Amit Ray & Co. is a firm incorporated in 1964 with 10 office locations across India, 14 partners, and is empanelled with CAG and RBI (Category I).

SCI Land & Assets has submitted its mandatory compliance disclosure to stock exchanges, confirming that its promoter has not created any encumbrance on equity shares during the financial year 2025-26. The disclosure, dated 02.04.2026, was filed with both BSE and NSE as part of regulatory compliance requirements.

Regulatory Compliance Details

The company filed the disclosure pursuant to Regulation 31 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation mandates promoters to declare any encumbrance on their shareholding in listed companies on an annual basis.

Parameter Details Filing Date 02.04.2026 Financial Year Covered 2025-26 Regulation SEBI (SAST) Regulation 31 Company Secretary Shri Mohammad Firoz

Promoter Declaration

The Ministry of Ports, Shipping and Waterways, acting on behalf of the Government of India as the company's promoter, provided a formal declaration dated 01.04.2026. The declaration confirms that no encumbrance was created, directly or indirectly, on equity shares held in the company during the financial year 2025-26.

The declaration was signed by Vipul Singhal, Director, Ministry of Ports, Shipping and Waterways, from New Delhi. This confirmation ensures compliance with transparency requirements regarding promoter shareholding patterns.

Stock Exchange Communication

The compliance disclosure was simultaneously submitted to both major Indian stock exchanges where the company's shares are listed. The communication included the promoter's declaration as an annexure to provide complete documentation for regulatory records.

Exchange Trading Details BSE Limited Scrip Code: 544142 National Stock Exchange Trading Symbol: SCILAL

Company Profile

Shipping Corporation of India Land and Assets Limited operates as a Government of India enterprise with its registered office located at Shipping House, Nariman Point, Mumbai. The company maintains its corporate governance standards through regular compliance with SEBI regulations and stock exchange requirements.

This annual disclosure reinforces the company's commitment to maintaining transparent corporate governance practices and ensuring all stakeholders have access to accurate information regarding promoter shareholding patterns.

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