Shipping corp of india vs great eastern shipping , inter firm comparison including major financial ratios by manpreet singh digital

1. Presented By:-

2. Industry Overview
 of Shipyards in India – 30-40 (27 being actively operational)
No

Market size of shipbuilding at present – US$ 5 billion

Market size of shipbuilding expected in 2025 – US$ 25 billion

Number of ships being built at present – 250

Shipbuilding capacity at present (in terms of cargo carrying capacity) – 2.8 mn tn

Shipbuilding capacity till 2013 (in terms of cargo carrying capacity) - 4 million ton

Shipbuilding capacity by 2017 (in terms of cargo carrying capacity) - 19 million ton

Percentage of ships built for exports – 75%

3. Shipping Corporation of India
The Shipping Corporation of India (SCI)
is a Government of India Public Sector
Enterprise with its headquarters in Mumbai
that operates and manages vessels that services
both national and international lines.
SCI was established on 2 October 1961 by the amalgamation of
Eastern Shipping Corporation and Western Shipping Corporation.
B K Mandal is currently the chairman & MD of the company.

4. Great Eastern Shipping
The Great Eastern Shipping Company Ltd
is India's largest private sector shipping company
with its headquarters in Mumbai and which mainly
transports liquid, gas and solid bulk
products.
Great Eastern Shipping was founded in 1948 by the Sheths and
the Bhiwandiwallas, who started their own shipping line to help
expand the reach of their trading businesses.
Currently K M Sheth is the Chairman & Bharat K Sheth is MD
of the company

5. • Founded - 1961
• Revenue – Rs. 4434cr
• Loss – Rs. 114 cr
• Share price- Rs.40
• Share holders- 195,648
• No. of Shares- 46,57,99,010
•Share Cap.- 465.80 cr
•Owns – 14780.6cr
• Owed- 8164.4cr
• Networth- 6616cr
• Founded - 1948
• Revenue – Rs. 2033cr
• Profit – Rs. 146 cr
• Share price- rs.297
• Share holders- 82,338
• No. of shares- 15,08,09,737
• Share cap.-152.32cr
• Owns- 13081cr
•Owed- 6739cr
•Networth-6341.76cr

6. Share price fluctuations for last six months

9. Shipping corporation Of India

10. Great Eastern shipping

11. RATIO ANALYSIS
• A tool used by individuals to conduct a
quantitative analysis of information in a company's
financial statements.
• Ratios are
calculated from
current year numbers

12. • Then are compared to previous years, other
companies, the industry, or even the
economy to judge the performance of the
company.
• Ratio analysis is predominately used by
proponents of fundamental analysis.

13. SHIPPING CORPORATION OF
INDIA
GREAT EASTERN
• YEAR
MARCH 2013
MARCH 2013
 CURRENT RATIO
1.60
0.98
COMMENT: It focus on short
term liquidity, a firms capability
to meet its current debts with
the current assets
 DEBT EQUTIY RATIO
1.10
0.63
COMMENT: A high ratio means a less protection for creditors &
low ratio indicates wide safety cushion

14. RATIO
YEAR
 NET PROFIT RATIO
SHIPPING
CORPORATION OF
INDIA
GREAT EASTERN
MARCH 2013
NET PROFIT / NET SALES
MARCH 2013
-2.57%
7.19%
COMMENT- General rule of thumb is that generally a higher ratio is
expected, but it differs from industries to industries, it may also be
used as a safety cushion.
 RETURN ON
CAPITAL
EMPLOYED
NET PROFIT / CAPITAL
EMPLOYED
-1.93%
COMMENT- It tells as to what returns management has
made on the resources made available to them before
making any distribution of those returns
4.48%

15. RATIO
 OPERATING
PROFIT
Profit / sales
GREAT EASTERN
MARCH 2013
YEAR
SHIPPING
CORPORATION OF
INDIA
MARCH 2013
6.09%
24.84%
Comment: tells us about the companies ability to control its operating
costs and overheads
 INTEREST
COVERAGE RATIO
EBIT / interest
-1.66
1.75
Comment: A high interest coverage ratio means that an organization
can easily meet its interest obligations even if EBIT suffers
considerable decline & lower ratio indicates excessive use of debts or
inefficient operations

16. RATIO
DEBTORS TURNOVER
RATIO
SHIPPING
CORPORATIONS OF
INDIA
GREAT EASTERN
Sales / average
accounts receivable
5.02
17.50
COMMENT-it tells us about the collection and credit policies of the
firm, it tells the efficiency with which management is able to manage
its receivable
 ASSETS TURNOVER SALES / TOTAL ASSETS
RATIO
0.32
0.21
COMMENT: it tells the firms efficiency with which it uses its
Assets.

17. THANK
YOU