Samudera Shipping Line Ltd
Samudera Shipping Line Ltd (SES: S56) is trading at S$0.93, about ₹69 at today's SGD/INR rate, as of 30 Sep 2026, 9:44 PM ET, down 1.60% today. Indian residents can buy Samudera Shipping Line from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
S$0.92
Today's high
S$0.93
52 week low
S$0.90
52 week high
S$1.23
S56 opened at S$0.93, closed previously at S$0.94, and has traded between S$0.90 and S$1.23 over the past 52 weeks.
About
Samudera Shipping Line Ltd (SSL), a subsidiary of PT Samudera Indonesia Tbk, is a Singapore-headquartered company founded in 1993. The company specializes in the maritime transportation of both containerized and non-containerized cargo, serving a wide geographical expanse encompassing Southeast Asia, the Indian Subcontinent, the Far East, and the Middle East. Its operations are structured across three key divisions: Container Shipping, Bulk and Tanker, and Agencies & Logistics. Through its Container Shipping segment, SSL provides essential feeder services, linking its Singapore hub to various Asian ports for major shipping lines. It also offers scheduled liner services for traders and freight forwarders, alongside inter-regional container transport solutions for manufacturers, exporters, and importers. The Bulk and Tanker division is responsible for the sea carriage of oil, chemicals, gases, and other liquefied products, as well as dry bulk cargo. Additionally, the Agencies & Logistics segment delivers services including warehousing, freight forwarding, cargo handling, and shipping agency functions. The company maintains a fleet of 32 vessels, which it owns, operates, and charters, consisting of 29 container ships, 2 chemical tankers, and 1 gas tanker.
Key statistics
Avg. volume
376.33K
Market cap
S$497.69M
P/E Ratio
5.71
Price-to-sales ratio
0.61
Enterprise value
$489.08M
Free cash flow yield
17.68%
Debt-to-equity ratio
0.56
Return on equity
12.50%
ROIC
7.79%
Beta
0.90
Dividend yield
8.54%
Last dividend
S$0.08
Financial overview
Revenue
$615.04M
Earnings per share
$0.15
Free cash flow
$88.73M
Net profit margin
10.65%
Gross margin
15.56%
EBITDA
$160.21M
Revenue growth
15.61%
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This is not an investment recommendation
How to buy Samudera Shipping Line from India
Indian residents can buy Samudera Shipping Line shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to SGD.
Search for Samudera Shipping Line and place an order
Find Samudera Shipping Line by name or by its ticker, S56, and choose an order type. Samudera Shipping Line trades 6:30 am – 2:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Samudera Shipping Line position in SGD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Samudera Shipping Line from India
Trading and taxes when buying Samudera Shipping Line from India
Trading and limits
- Trading hours
- 9:00 am – 5:00 pm SGT
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. Singapore levies 0% withholding tax on dividends from resident companies. Samudera Shipping Line’s current yield is 8.54%.Dividend tax explained
- Transaction tax
- Singapore levies no stamp duty or transaction tax on listed equities.
- Estate or inheritance tax
- May applySingapore imposes no estate or inheritance tax on listed securities.Estate tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Samudera Shipping Line stock?
Yes. Samudera Shipping Line (S56) has been listed on the Singapore Exchange since 2000, in the Marine Shipping industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to SGD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Samudera Shipping Line share cost in rupees?
One Samudera Shipping Line share is S$0.93 — about ₹69 at an SGD/INR rate of 75.00 on 30 Sep 2026. Both the Samudera Shipping Line price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Samudera Shipping Line from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
How are gains on Samudera Shipping Line shares taxed in India?
Singapore does not levy capital gains tax on the sale of shares, ETFs or REITs, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the SGD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Samudera Shipping Line price. Paasa issues a capital-gains statement for your return.
Does Samudera Shipping Line pay a dividend, and how is it taxed in India?
Yes. Samudera Shipping Line pays a dividend and the current yield is 8.54%; the last declared dividend was S$0.08 per share, about ₹5.93. Dividends are taxed at your slab rate in India. Singapore levies 0% withholding tax on dividends from resident companies. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Samudera Shipping Line from India?
The Singapore Exchange trades 6:30 am – 2:30 pm IST in Indian time. Orders can only execute during that window.
Is there estate or inheritance tax on Samudera Shipping Line shares held from India?
Singapore imposes no estate or inheritance tax on listed securities.
Are there transaction taxes when buying Samudera Shipping Line?
Singapore levies no stamp duty or transaction tax on listed equities.
Do I have to declare Samudera Shipping Line shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Samudera Shipping Line holding, its cost and its closing value.
How do I sell Samudera Shipping Line and bring the money back to India?
You sell during market hours (6:30 am – 2:30 pm IST) and the proceeds settle in SGD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.