Essar Shipping Ltd
Incorporated in 2010, Essar Shipping Ltd is in the business of fleet operating and chartering activities and operates in international and coastal voyages[1]
- Market Cap ₹ 622 Cr.
- Current Price ₹ 30.1
- High / Low ₹ 42.0 / 21.2
- Stock P/E 2.20
- Book Value ₹ -63.0
- Dividend Yield 0.00 %
- ROCE 122 %
- ROE %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 18.3% CAGR over last 5 years
Cons
- The company has delivered a poor sales growth of -48.0% over past five years.
- Contingent liabilities of Rs.740 Cr.
- Earnings include an other income of Rs.326 Cr.
- Company has high debtors of 276 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
874 | 791 | 729 | 658 | 643 | 492 | 538 | 166 | 140 | 3 | 16 | 20 | 20 | |
723 | 647 | 523 | 439 | 488 | 418 | 404 | 149 | 101 | 17 | 22 | 21 | 18 | |
Operating Profit | 150 | 144 | 205 | 219 | 155 | 74 | 135 | 17 | 39 | -13 | -7 | -1 | 2 |
OPM % | 17% | 18% | 28% | 33% | 24% | 15% | 25% | 10% | 28% | -396% | -42% | -3% | 9% |
138 | 208 | 97 | 133 | 284 | -1,357 | -2,767 | 11 | -63 | 1,774 | -17 | 449 | 326 | |
Interest | 323 | 286 | 343 | 353 | 265 | 206 | 210 | 212 | 180 | 95 | 47 | 76 | 59 |
Depreciation | 186 | 144 | 154 | 137 | 125 | 103 | 110 | 113 | 45 | 0 | 1 | 1 | 1 |
Profit before tax | -220 | -78 | -194 | -138 | 49 | -1,592 | -2,952 | -297 | -250 | 1,666 | -71 | 371 | 268 |
Tax % | 4% | 6% | 2% | 2% | 7% | 0% | 0% | 0% | 0% | -2% | -1% | -0% | |
-229 | -83 | -198 | -141 | 46 | -1,593 | -2,953 | -298 | -250 | 1,693 | -70 | 371 | 268 | |
EPS in Rs | -11.17 | -4.04 | -9.55 | -6.79 | 2.23 | -76.99 | -142.69 | -14.39 | -12.08 | 81.78 | -3.40 | 17.93 | 12.96 |
Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | -31% |
5 Years: | -48% |
3 Years: | -47% |
TTM: | 10% |
Compounded Profit Growth | |
---|---|
10 Years: | 10% |
5 Years: | 18% |
3 Years: | 62% |
TTM: | 494% |
Stock Price CAGR | |
---|---|
10 Years: | 5% |
5 Years: | 30% |
3 Years: | 50% |
1 Year: | -25% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 205 | 205 | 207 | 207 | 207 | 207 | 207 | 207 | 207 | 207 | 207 | 207 |
Reserves | 4,684 | 4,600 | 1,659 | 1,515 | 1,584 | -8 | -2,956 | -3,254 | -3,503 | -1,810 | -1,881 | -1,510 |
3,775 | 3,645 | 3,837 | 3,856 | 3,089 | 3,203 | 3,443 | 3,303 | 2,512 | 1,936 | 1,935 | 1,258 | |
384 | 549 | 735 | 718 | 1,088 | 1,094 | 893 | 1,221 | 1,186 | 49 | 66 | 102 | |
Total Liabilities | 9,048 | 8,999 | 6,438 | 6,297 | 5,968 | 4,497 | 1,587 | 1,477 | 401 | 382 | 326 | 58 |
1,606 | 1,500 | 1,295 | 1,176 | 914 | 842 | 742 | 688 | 0 | 4 | 3 | 2 | |
CWIP | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
Investments | 6,363 | 6,361 | 4,454 | 4,371 | 4,417 | 3,017 | 253 | 259 | 37 | 37 | 0 | 0 |
1,078 | 1,137 | 689 | 750 | 636 | 637 | 592 | 531 | 364 | 340 | 323 | 55 | |
Total Assets | 9,048 | 8,999 | 6,438 | 6,297 | 5,968 | 4,497 | 1,587 | 1,477 | 401 | 382 | 326 | 58 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
258 | 204 | 229 | 207 | 111 | 130 | 155 | 104 | -16 | 84 | -70 | -53 | |
155 | 103 | -159 | 391 | 830 | 40 | 19 | -63 | 459 | 13 | 80 | 428 | |
-401 | -321 | -67 | -596 | -936 | -175 | -171 | -35 | -448 | -104 | -6 | -379 | |
Net Cash Flow | 13 | -13 | 3 | 2 | 4 | -5 | 2 | 7 | -6 | -7 | 4 | -4 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 22 | 32 | 64 | 153 | 32 | 30 | 22 | 28 | 14 | 150 | 133 | 276 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 22 | 32 | 64 | 153 | 32 | 30 | 22 | 28 | 14 | 150 | 133 | 276 |
Working Capital Days | -187 | -885 | -787 | -1,645 | -872 | -1,064 | -1,212 | -4,756 | -4,404 | -139,360 | -24,563 | -3,634 |
ROCE % | 1% | 2% | 2% | 4% | 2% | 0% | 2% | -18% | 4% | 122% |
Documents
Announcements
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Essar Shipping Limited Submits Its Response To The Clarification Sought By BSE Limited
8h - Response to BSE/NSE query (Oct 9-10, 2025): no undisclosed price-sensitive information; price movement market-driven.
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Clarification sought from Essar Shipping Ltd
1d - Exchange has sought clarification from Essar Shipping Ltd on October 09, 2025 with reference to significant movement in price, in order to ensure that investors …
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Announcement under Regulation 30 (LODR)-Change in Directorate
29 Sep - AGM approved sale of two overseas subsidiaries to Essar Investment Holdings; appointments; proceeds to redeem NCDs/FCCBs, completion within one year.
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Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
29 Sep - 15th AGM (26 Sep 2025): approve sale of ESDMCC and OGDSHL within one year; proceeds to redeem NCDs/FCCBs; auditor/director appointments.
- Closure of Trading Window 29 Sep
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Business Overview:[1]
Company is an integrated logistics services provider engaged in the businesses of sea transportation, logistics services, and oilfields services. It does fleet operating and chartering activities and operates international and coastal voyages.