Highlights

• SCI shares gained over 2% during Wednesday morning trading on NSE.
• FY26 standalone PAT increased to INR 1,326 crore from INR 814 crore.
• The company expanded fleet plans and announced multiple vessel acquisition initiatives.

Shares of Shipping Corporation Of India Limited (NSE:SCI) advanced during the May 13, 2026 trading session, rising 2.46% to INR 333.35 on the National Stock Exchange. The stock opened at INR 327.00 and touched an intraday high of INR 342.90, while the session low stood at INR 326.60. The previous closing price was INR 325.35.

Source: TradingView

Trading Activity and Market Metrics

SCI recorded traded volume of shares during the active session, while the stock reported a VWAP of INR 335.78.

The company’s market indicators showed impact cost at 0.02 and deliverable quantity at 51.38% of traded quantity, reflecting delivery-based investor participation.

The stock remained within its recent volatility range after recording close-to-close price movement exceeding 25% over the previous one month.

FY26 Financial Performance Improves

According to standalone FY26 financial highlights, operating revenue increased to INR 5,778 crore from INR 5,592 crore in FY25. EBITDA rose to INR 2,633 crore from INR 1,960 crore, while profit before tax increased to INR 1,396 crore compared with INR 822 crore in FY25.

Profit after tax climbed to INR 1,326 crore from INR 814 crore in the previous financial year. On a consolidated basis, FY26 PAT increased to INR 1,353 crore compared with INR 844 crore in FY25. Return on equity improved to 16.34% in FY26 from 11.07% in FY25, while earnings per share rose to INR 28.47 from INR 17.48.

Source: Company Filing

Fleet Expansion and Shipping Operations

SCI stated that it owns 58 vessels with an average fleet age of 15.50 years. The company’s fleet includes crude tankers, product carriers, bulk carriers, gas carriers, liner vessels and offshore supply vessels. During FY26, SCI inducted two Very Large Gas Carriers named Sahyadri and Shivalik for deployment on the Persian Gulf to India route.

The company also executed a shipbuilding contract with Mazagon Dock Shipbuilders Limited for construction of a methanol dual-fuel platform supply vessel.

SCI further disclosed ongoing tenders for acquisition of MR tankers, Aframax tankers and container vessels.

Shipping Market and Operational Outlook

The company stated that tanker markets experienced elevated volatility during FY26 due to Middle East Gulf conflict-related disruptions and Strait of Hormuz transit issues. SCI also highlighted continued momentum in coastal shipping demand, expansion plans for liner operations and positive outlook for offshore shipping supported by oil and gas activity.

The company signed memorandums of understanding with multiple public sector entities including Bharat Petroleum Corporation Limited, Hindustan Petroleum Corporation Limited, Indian Oil Corporation Limited and Container Corporation of India Limited for shipping and logistics collaboration initiatives.

Key Risks

• Geopolitical tensions may disrupt shipping routes and tanker operations.
• Freight rate volatility could affect shipping sector profitability trends.
• Fuel price fluctuations may impact vessel operating costs and margins.
• Global trade slowdown may reduce cargo movement and shipping demand.

Summary

Shipping Corporation of India Limited (NSE:SCI) shares gained over 2% during the May 13, 2026 NSE trading session following FY26 financial and operational disclosures. The company reported higher revenue, EBITDA and profit figures alongside fleet expansion initiatives and vessel acquisition plans. SCI also highlighted shipping market volatility, coastal trade opportunities and collaborations with multiple public sector entities.

FAQs

Q: Why did SCI shares rise on May 13, 2026?
A: The stock gained after the company released FY26 financial updates and fleet expansion developments.

Q: What was SCI’s FY26 standalone PAT?
A: Shipping Corporation of India reported standalone PAT of INR 1,326 crore for FY26.

Q: What fleet additions did SCI announce during FY26?
A: SCI inducted VLGC vessels Sahyadri and Shivalik and announced new tanker and container vessel acquisition plans.