Essex Marine Ltd
Incorporated in 2009, Essex Marine Limited is a seafood processing and exporting company.[1]
- Market Cap ₹ 42.7 Cr.
- Current Price ₹ 28.0
- High / Low ₹ 43.2 / 24.0
- Stock P/E 6.71
- Book Value ₹ 24.8
- Dividend Yield 0.00 %
- ROCE 29.6 %
- ROE 30.8 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.15 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Earnings include an other income of Rs.2.79 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Fast Moving Consumer Goods Fast Moving Consumer Goods Food Products Seafood
Part of BSE SME IPO
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 23.73 | 59.80 | 21.90 | 19.15 | 37.22 | |
| 20.36 | 56.93 | 17.55 | 16.12 | 30.72 | |
| Operating Profit | 3.37 | 2.87 | 4.35 | 3.03 | 6.50 |
| OPM % | 14.20% | 4.80% | 19.86% | 15.82% | 17.46% |
| 2.55 | 3.22 | 1.70 | 1.96 | 2.79 | |
| Interest | 3.01 | 2.79 | 2.60 | 1.79 | 2.44 |
| Depreciation | 2.48 | 0.58 | 0.59 | 0.61 | 0.67 |
| Profit before tax | 0.43 | 2.72 | 2.86 | 2.59 | 6.18 |
| Tax % | 25.58% | 36.40% | 29.02% | 29.73% | 35.28% |
| 0.31 | 1.73 | 2.03 | 1.82 | 4.00 | |
| EPS in Rs | 0.56 | 3.15 | 3.69 | 3.31 | 3.64 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -15% |
| TTM: | 94% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 32% |
| TTM: | 120% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 22% |
| Last Year: | 31% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 5.50 | 5.50 | 5.50 | 5.50 | 15.26 |
| Reserves | 1.94 | 3.66 | 5.69 | 7.51 | 22.66 |
| 28.53 | 26.52 | 19.34 | 16.08 | 15.66 | |
| 7.62 | 8.20 | 10.45 | 5.16 | 3.23 | |
| Total Liabilities | 43.59 | 43.88 | 40.98 | 34.25 | 56.81 |
| 20.71 | 20.42 | 20.12 | 20.17 | 20.22 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.29 |
| Investments | 0.00 | 0.07 | 0.07 | 0.15 | 0.24 |
| 22.88 | 23.39 | 20.79 | 13.93 | 36.06 | |
| Total Assets | 43.59 | 43.88 | 40.98 | 34.25 | 56.81 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 6.39 | 7.78 | 5.11 | |||
| -0.10 | -0.11 | -0.64 | |||
| -4.74 | -9.75 | -5.05 | |||
| Net Cash Flow | 1.55 | -2.07 | -0.58 |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 183.19 | 90.21 | 202.17 | 0.00 | |
| Inventory Days | 0.00 | 25.00 | 222.93 | 394.09 | |
| Days Payable | 50.56 | 229.63 | 27.21 | ||
| Cash Conversion Cycle | 183.19 | 64.65 | 195.47 | 366.88 | |
| Working Capital Days | 117.82 | -11.72 | 16.17 | 14.30 | |
| ROCE % | 15.38% | 16.49% | 14.69% |
Documents
Announcements
-
Unaudited Financial Results For The Half Year Ended September 30, 2025
12 Nov - Unaudited H1 FY2026: Revenue Rs3,508.66L, PAT Rs341.33L; IPO proceeds no deviation. Approved Nov 12, 2025.
-
Board Meeting Outcome for Unaudited Financial Results For The Half Year Ended September 30, 2025
12 Nov - Board approved H1 results (Sept 30, 2025): revenue Rs3,508.66 lakh; PAT Rs341.33 lakh; IPO proceeds fully utilised.
-
Board Meeting Intimation for Unaudited Financial Result For The Half Year Ended September 30, 2025
5 Nov - Board meeting Nov 12, 2025 to approve unaudited Q2/H1 results (Sep 30, 2025); trading window closed until Nov 14, 2025.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 16 Oct
-
Closure of Trading Window
25 Sep - Trading window closed Oct 1, 2025 until 48 hours after unaudited Q2/H1 results for Sept 30, 2025.
Business Profile[1]
Essex Marine Limited is a Kolkata-based seafood exporter and processor. The company has over 16 years of experience in processing and exporting frozen marine fish, marine shrimp, and aquaculture Vannamei shrimp under the “Essex” brand. It operates on a B2B model, serving clients in China, Europe, and Israel, and also undertakes job work for merchant exporters.