Essex Marine Ltd
₹ 39.3
-6.87%
13 Nov
- close price
About
Incorporated in 2009, Essex Marine Limited is a seafood processing and exporting company.[1]
Key Points
- Market Cap ₹ 60.0 Cr.
- Current Price ₹ 39.3
- High / Low ₹ 54.8 / 18.2
- Stock P/E 8.02
- Book Value ₹ 23.3
- Dividend Yield 0.00 %
- ROCE 20.3 %
- ROE 22.9 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 83.1% CAGR over last 5 years
- Debtor days have improved from 53.8 to 36.4 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.4.58 Cr.
- Working capital days have increased from 86.1 days to 132 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
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Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|
| 23.73 | 59.80 | 21.90 | 19.15 | 37.22 | 60.69 | 66.44 | |
| Sales growth | +152.00% | -63.38% | -12.56% | +94.36% | +63.06% | +15.97% | |
| 20.36 | 56.93 | 17.55 | 16.11 | 30.69 | 53.39 | 57.57 | |
| Operating Profit | 3.37 | 2.87 | 4.35 | 3.04 | 6.53 | 7.30 | 8.87 |
| OPM % | 14.20% | 4.80% | 19.86% | 15.87% | 17.54% | 12.03% | 13.35% |
| 2.55 | 3.22 | 1.70 | 1.96 | 2.79 | 4.01 | 4.58 | |
| Interest | 3.01 | 2.79 | 2.60 | 1.79 | 2.47 | 1.95 | 2.52 |
| Depreciation | 2.48 | 0.58 | 0.59 | 0.55 | 0.67 | 0.70 | 0.74 |
| Profit before tax | 0.43 | 2.72 | 2.86 | 2.66 | 6.18 | 8.66 | 10.19 |
| Tax % | 25.58% | 36.40% | 29.02% | 13.91% | 35.28% | 26.33% | |
| 0.31 | 1.73 | 2.03 | 2.29 | 4.00 | 6.37 | 7.48 | |
| EPS in Rs | 0.28 | 1.57 | 1.85 | 2.08 | 3.64 | 4.17 | 4.90 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 21% |
| 3 Years: | 40% |
| TTM: | 16% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 83% |
| 3 Years: | 46% |
| TTM: | 17% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 27% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 23% |
| 3 Years: | 24% |
| Last Year: | 23% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 5.50 | 5.50 | 5.50 | 5.50 | 11.00 | 15.26 | 15.26 |
| Reserves | 1.94 | 3.66 | 5.69 | 6.22 | 4.72 | 24.79 | 20.31 |
| 28.53 | 26.52 | 19.34 | 16.08 | 27.02 | 22.02 | 46.03 | |
| 7.62 | 8.20 | 10.45 | 3.42 | 3.43 | 3.05 | 5.01 | |
| Total Liabilities | 43.59 | 43.88 | 40.98 | 31.22 | 46.17 | 65.12 | 86.61 |
| 20.71 | 20.42 | 20.12 | 17.19 | 20.15 | 19.95 | 21.03 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.54 | 6.11 |
| Investments | 0.00 | 0.07 | 0.07 | 0.07 | 0.33 | 0.24 | 0.34 |
| 22.88 | 23.39 | 20.79 | 13.96 | 25.69 | 40.39 | 59.13 | |
| Total Assets | 43.59 | 43.88 | 40.98 | 31.22 | 46.17 | 65.12 | 86.61 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 6.39 | 7.78 | 5.03 | -4.88 | -2.86 | ||
| -0.10 | -0.11 | -0.56 | -0.59 | -4.84 | ||
| -4.74 | -9.75 | -5.05 | 5.42 | 11.03 | ||
| Net Cash Flow | 1.55 | -2.07 | -0.58 | -0.05 | 3.34 | |
| Free Cash Flow | 6.09 | 7.49 | 4.37 | -5.43 | -7.89 | |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 229% | 189% | 174% | -64% | -5% |
Ratios
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 183.19 | 90.21 | 202.17 | 0.00 | 71.20 | 36.45 |
| Inventory Days | 0.00 | 25.00 | 222.93 | 394.09 | 192.26 | 168.53 |
| Days Payable | 50.56 | 229.63 | 27.21 | 2.88 | 2.45 | |
| Cash Conversion Cycle | 183.19 | 64.65 | 195.47 | 366.88 | 260.57 | 202.52 |
| Working Capital Days | 117.82 | -11.72 | 16.17 | 20.01 | 106.20 | 132.19 |
| ROCE % | 15.38% | 16.49% | 15.26% | 24.24% | 20.27% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Aquaculture Vannamei Shrimp Share of Export Revenue % |
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| Capacity Utilization % |
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| Export Revenue as % of Revenue from Operations % |
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| Installed Processing Capacity MT |
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| Revenue from Repeat Orders as % of Revenue from Operations % |
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| Top 5 Customers as % of Revenue % |
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Documents
Announcements
-
Unaudited Financial Results For The Half Year Ended September 30, 2026.
- Board approved unaudited standalone results for half year ended September 30, 2026.
-
Board Meeting Outcome for Outcome Of The Board Meeting For The Half Year Ended September30, 2026.
- Board approved unaudited standalone results for half year ended September 30, 2026, on November 12, 2026.
-
Board Meeting Intimation for Intimation Of Board Meeting For Unaudited Financial Result For The Half Year Ended.
- Board meeting on November 12, 2026 to approve half-year unaudited financial results; trading window closed until November 14.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
-
Closure of Trading Window
- Trading window closed from October 1, 2026 until 48 hours after Q2 FY2026 results.
Business Overview:[1][2][3]
EML is engaged in the processing and export of marine and aquaculture products across the frozen fish and shrimp supply chain, and commercially operating cold storages. Its activities span procurement, processing, and overseas distribution under the brand name Essex.