Essex Marine Ltd
Incorporated in 2009, Essex Marine Limited is a seafood processing and exporting company.[1]
- Market Cap ₹ 63.6 Cr.
- Current Price ₹ 41.6
- High / Low ₹ 49.3 / 18.2
- Stock P/E 9.96
- Book Value ₹ 26.2
- 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
- Earnings include an other income of Rs.4.01 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
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 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 23.73 | 59.80 | 21.90 | 19.15 | 37.22 | 60.69 | |
| 20.36 | 56.93 | 17.55 | 16.11 | 30.69 | 53.39 | |
| Operating Profit | 3.37 | 2.87 | 4.35 | 3.04 | 6.53 | 7.30 |
| OPM % | 14.20% | 4.80% | 19.86% | 15.87% | 17.54% | 12.03% |
| 2.55 | 3.22 | 1.70 | 1.96 | 2.79 | 4.01 | |
| Interest | 3.01 | 2.79 | 2.60 | 1.79 | 2.47 | 1.95 |
| Depreciation | 2.48 | 0.58 | 0.59 | 0.55 | 0.67 | 0.70 |
| Profit before tax | 0.43 | 2.72 | 2.86 | 2.66 | 6.18 | 8.66 |
| 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 | |
| EPS in Rs | 0.56 | 3.15 | 3.69 | 4.16 | 3.64 | 4.17 |
| 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: | 63% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 83% |
| 3 Years: | 46% |
| TTM: | 64% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 38% |
| 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 | |
|---|---|---|---|---|---|---|
| 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 | 24.79 |
| 28.53 | 26.52 | 19.34 | 16.08 | 27.02 | 22.02 | |
| 7.62 | 8.20 | 10.45 | 3.42 | 3.43 | 3.05 | |
| Total Liabilities | 43.59 | 43.88 | 40.98 | 31.22 | 46.17 | 65.12 |
| 20.71 | 20.42 | 20.12 | 17.19 | 20.15 | 19.95 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.54 |
| Investments | 0.00 | 0.07 | 0.07 | 0.07 | 0.33 | 0.24 |
| 22.88 | 23.39 | 20.79 | 13.96 | 25.69 | 40.39 | |
| Total Assets | 43.59 | 43.88 | 40.98 | 31.22 | 46.17 | 65.12 |
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/OP | 229% | 189% | 174% | -64% | -5% |
Ratios
Figures in Rs. Crores
| 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 | |
|---|---|---|---|
| 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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Extracted by Screener AI
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication
- Reg. 34 (1) Annual Report.
-
Notice Of 17Th Annual General Meeting Of The Company
- Essex Marine’s 17th AGM is on September 2, 2026; shareholders will adopt FY26 accounts and consider MD reappointment.
- Announcement under Regulation 30 (LODR)-Newspaper Publication
- Notice Of Book Closure
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.