Essex Marine Ltd
Incorporated in 2009, Essex Marine Limited is a seafood processing and exporting company.[1]
- Market Cap ₹ 53.0 Cr.
- Current Price ₹ 34.7
- High / Low ₹ 43.2 / 18.2
- Stock P/E 8.32
- Book Value ₹ 24.8
- Dividend Yield 0.00 %
- ROCE 24.5 %
- ROE 29.2 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 137 to 71.2 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Earnings include an other income of Rs.4.92 Cr.
- Working capital days have increased from 47.5 days to 106 days
* 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 | TTM | |
|---|---|---|---|---|---|---|
| 23.73 | 59.80 | 21.90 | 19.15 | 37.22 | 57.29 | |
| 20.36 | 56.93 | 17.55 | 16.11 | 30.69 | 49.47 | |
| Operating Profit | 3.37 | 2.87 | 4.35 | 3.04 | 6.53 | 7.82 |
| OPM % | 14.20% | 4.80% | 19.86% | 15.87% | 17.54% | 13.65% |
| 2.55 | 3.22 | 1.70 | 1.96 | 2.79 | 4.92 | |
| Interest | 3.01 | 2.79 | 2.60 | 1.79 | 2.47 | 2.32 |
| Depreciation | 2.48 | 0.58 | 0.59 | 0.55 | 0.67 | 0.67 |
| Profit before tax | 0.43 | 2.72 | 2.86 | 2.66 | 6.18 | 9.75 |
| Tax % | 25.58% | 36.40% | 29.02% | 13.91% | 35.28% | |
| 0.31 | 1.73 | 2.03 | 2.29 | 4.00 | 6.37 | |
| EPS in Rs | 0.56 | 3.15 | 3.69 | 4.16 | 3.64 | 4.92 |
| 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: | 75% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 20% |
| 3 Years: | 24% |
| Last Year: | 29% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 5.50 | 5.50 | 5.50 | 5.50 | 11.00 | 15.26 |
| Reserves | 1.94 | 3.66 | 5.69 | 6.22 | 4.72 | 22.66 |
| 28.53 | 26.52 | 19.34 | 16.08 | 27.02 | 15.66 | |
| 7.62 | 8.20 | 10.45 | 3.42 | 3.43 | 3.23 | |
| Total Liabilities | 43.59 | 43.88 | 40.98 | 31.22 | 46.17 | 56.81 |
| 20.71 | 20.42 | 20.12 | 17.19 | 20.15 | 20.22 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.29 |
| Investments | 0.00 | 0.07 | 0.07 | 0.07 | 0.33 | 0.24 |
| 22.88 | 23.39 | 20.79 | 13.96 | 25.69 | 36.06 | |
| Total Assets | 43.59 | 43.88 | 40.98 | 31.22 | 46.17 | 56.81 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 6.39 | 7.78 | 5.03 | -4.88 | ||
| -0.10 | -0.11 | -0.56 | -0.59 | ||
| -4.74 | -9.75 | -5.05 | 5.42 | ||
| Net Cash Flow | 1.55 | -2.07 | -0.58 | -0.05 | |
| Free Cash Flow | 6.09 | 7.49 | 4.37 | -5.43 | |
| CFO/OP | 229% | 189% | 174% | -64% |
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 | 71.20 |
| Inventory Days | 0.00 | 25.00 | 222.93 | 394.09 | 190.57 |
| Days Payable | 50.56 | 229.63 | 27.21 | 2.86 | |
| Cash Conversion Cycle | 183.19 | 64.65 | 195.47 | 366.88 | 258.91 |
| Working Capital Days | 117.82 | -11.72 | 16.17 | 20.01 | 106.20 |
| ROCE % | 15.38% | 16.49% | 15.26% | 24.53% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | |
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| Capacity Utilization Rate % |
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| Cold Storage Capacity MT |
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| Revenue Contribution - Export Sales % |
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| Revenue Contribution - Job Work Charges % |
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| Total Headcount Number |
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| Total Installed Processing Capacity (Shrimp and Fish) MT per annum |
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| Utilized Capacity MT |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
18 Apr - Completed peeling capacity expansion and ready-to-cook section at Shankarpur processing unit.
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Clarification In Movement In Price
9 Apr - Essex Marine clarifies share price movement is market-driven and disclaims involvement.
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Clarification sought from Essex Marine Ltd
8 Apr - Exchange has sought clarification from Essex Marine Ltd on April 8, 2026 with reference to significant movement in price, in order to ensure that investors …
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
6 Apr - Essex Marine states it is not a large corporate under SEBI debt fundraising framework.
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Disclosure Under Regulation 31(4) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulation, 2011.
6 Apr - Yearly promoter disclosure filed; no encumbrance created on company shares during FY2026.
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.