By FMTeam Yes, it is actually a Navratna status company that is actually a government-owned one, and among the biggest players in the primary maritime carrier. There is a lot of stuff that is possible to access because of this company, and that’s why it is about time that we get a good look at it and also talk about things like the Shipping Corporation of India Net Worth, Owner, CEO, Head Office, etc.
| Company name | Shipping Corporation of India Ltd. |
| Establishment year | 1961 |
| Head Office | Mumbai |
| Owner/Founder | Government of India |
| CEO Name | Capt. Binesh Kumar Tyagi, Chairman and Managing Director |
| Industry | Shipping |
| Number of employees | 448 regular shore employees and about 1,781 seafarers as of 31 March 2025 |
| Net worth (Market capitalization) | ₹11,199.82 crore |
| Total revenue in 2022 | ₹5,098.59 crore |
Company Background
If you have done just a little big of digging online, then you may already know that it was on October 2, 1961, that the Shipping Corporation of India was established following the consolidation of the Eastern Shipping Corporation and Western Shipping Corporation. Right? Well, for now, the company itself actually is a part of the Ministry of Ports, Shipping, and Waterways, and its main office has invariably been situated in Mumbai, Maharashtra.
Net Worth
Because it is a publicly listed company, we can tell you the market cap instead of the net worth, and in this case, that is somewhere around ₹11,199.82 crore as of 2nd week of March 2026.
Future Outlook
Diving just a bit into the recent reports or news that have come out, see, in October 2025, there was a news item that company’s executive meeting had approved a long-term business strategy. Showing that the company is willing to expand in a more organized manner in the next years. Shortly after that, in early 2026, there were some news mentioning that SCI might be involved in partnerships in shipping and even a container shipping joint venture. The company, however, said that no final decision was made then.