Essar Shipping Ltd
₹ 20.7
2.48%
15 Jul
11:32 a.m.
About
Incorporated in 2010, Essar Shipping Ltd is in the business of fleet operating and chartering activities and operates in international and coastal voyages[1]
Key Points
- Market Cap ₹ 428 Cr.
- Current Price ₹ 20.7
- High / Low ₹ 43.3 / 18.6
- Stock P/E 31.8
- Book Value ₹ -36.2
- Dividend Yield 0.00 %
- ROCE %
- ROE %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -51.8% over past five years.
- Contingent liabilities of Rs.740 Cr.
- Earnings include an other income of Rs.605 Cr.
- Company has high debtors of 164 days.
- Working capital days have increased from -9,306 days to 280 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
Loading peers table ...
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 791 | 729 | 658 | 643 | 492 | 538 | 166 | 140 | 3 | 16 | 20 | 4 | |
| 647 | 523 | 439 | 488 | 418 | 404 | 149 | 101 | 17 | 22 | 21 | 7 | |
| Operating Profit | 144 | 205 | 219 | 155 | 74 | 135 | 17 | 39 | -13 | -7 | -1 | -3 |
| OPM % | 18% | 28% | 33% | 24% | 15% | 25% | 10% | 28% | -396% | -42% | -3% | -63% |
| 208 | 97 | 133 | 284 | -1,357 | -2,767 | 11 | -63 | 1,774 | -17 | 449 | 605 | |
| Interest | 286 | 343 | 353 | 265 | 206 | 210 | 212 | 180 | 95 | 47 | 76 | 49 |
| Depreciation | 144 | 154 | 137 | 125 | 103 | 110 | 113 | 45 | 0 | 1 | 1 | 1 |
| Profit before tax | -78 | -194 | -138 | 49 | -1,592 | -2,952 | -297 | -250 | 1,666 | -71 | 371 | 553 |
| Tax % | 6% | 2% | 2% | 7% | 0% | 0% | 0% | 0% | -2% | -1% | 0% | 0% |
| -83 | -198 | -141 | 46 | -1,593 | -2,953 | -298 | -250 | 1,693 | -70 | 371 | 553 | |
| EPS in Rs | -4.04 | -9.55 | -6.79 | 2.23 | -76.99 | -142.69 | -14.39 | -12.08 | 81.78 | -3.40 | 17.93 | 26.71 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -40% |
| 5 Years: | -52% |
| 3 Years: | 9% |
| TTM: | -79% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 15% |
| 3 Years: | 32% |
| TTM: | -76% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -3% |
| 5 Years: | 11% |
| 3 Years: | 21% |
| 1 Year: | -29% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 205 | 207 | 207 | 207 | 207 | 207 | 207 | 207 | 207 | 207 | 207 | 207 |
| Reserves | 4,600 | 1,659 | 1,515 | 1,584 | -8 | -2,956 | -3,254 | -3,503 | -1,810 | -1,881 | -1,510 | -957 |
| 3,645 | 3,837 | 3,856 | 3,089 | 3,203 | 3,443 | 3,303 | 2,512 | 1,936 | 1,935 | 1,258 | 743 | |
| 549 | 735 | 718 | 1,088 | 1,094 | 893 | 1,221 | 1,186 | 49 | 66 | 102 | 26 | |
| Total Liabilities | 8,999 | 6,438 | 6,297 | 5,968 | 4,497 | 1,587 | 1,477 | 401 | 382 | 326 | 58 | 19 |
| 1,500 | 1,295 | 1,176 | 914 | 842 | 742 | 688 | 0 | 4 | 3 | 2 | 2 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 6,361 | 4,454 | 4,371 | 4,417 | 3,017 | 253 | 259 | 37 | 37 | 0 | 0 | 0 |
| 1,137 | 689 | 750 | 636 | 637 | 592 | 531 | 364 | 340 | 323 | 55 | 17 | |
| Total Assets | 8,999 | 6,438 | 6,297 | 5,968 | 4,497 | 1,587 | 1,477 | 401 | 382 | 326 | 58 | 19 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 204 | 229 | 207 | 111 | 130 | 155 | 104 | -16 | 84 | -70 | -53 | 6 | |
| 103 | -159 | 391 | 830 | 40 | 19 | -63 | 459 | 13 | 80 | 428 | 614 | |
| -321 | -67 | -596 | -936 | -175 | -171 | -35 | -448 | -104 | -6 | -379 | -620 | |
| Net Cash Flow | -13 | 3 | 2 | 4 | -5 | 2 | 7 | -6 | -7 | 4 | -4 | 0 |
| Free Cash Flow | 225 | 262 | 632 | 305 | 167 | 150 | 51 | 342 | 81 | -70 | -53 | 6 |
| CFO/OP | 129% | 119% | 99% | 75% | 189% | 123% | 375% | -63% | -290% | 1,094% | 7,598% | -214% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 32 | 64 | 153 | 32 | 30 | 22 | 28 | 14 | 150 | 133 | 276 | 164 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 32 | 64 | 153 | 32 | 30 | 22 | 28 | 14 | 150 | 133 | 276 | 164 |
| Working Capital Days | -885 | -787 | -1,645 | -872 | -1,064 | -1,212 | -4,756 | -4,404 | -139,360 | -24,563 | -3,634 | 280 |
| ROCE % | 2% | 2% | 4% | 2% | 0% | 2% | -18% | 4% | 122% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Number of Employees (Office Staff, excluding offshore) employees |
|
|||||||||
| Customer Concentration - Operating income from single customer (Group/Consolidated) % of operating income |
||||||||||
| Land Rigs (Subsidiary owned, Group/Consolidated) rigs |
||||||||||
| Mobile Rigs (Subsidiary owned, Group/Consolidated) rigs |
||||||||||
Requires Premium
Requires Premium
Extracted by Screener AI
Documents
Announcements
-
Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 (SEBI Listing Regulations) - Inter-Corporate Loan From Abhinand Ventures Private Limited And/Or Niwas Residential & Commercial Properties Private Limited
4 Jul - Essar Shipping approved availing up to Rs. 10 crore loan for working capital and dues.
-
Board Meeting Outcome for Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 (SEBI Listing Regulations).
4 Jul - Board approved up to Rs10 crore inter-corporate loans for working capital and dues repayment.
-
Closure of Trading Window
25 Jun - Trading window closed from July 1, 2026 until 48 hours after Q1 FY27 results.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
1 Jun - Newspaper Advertisement - Audited Financial Results for FY 2025-2026
-
Announcement under Regulation 30 (LODR)-Change in Management
30 May - Board approved audited FY2026 results and appointed Shyam Malpani & Co as internal auditors.
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
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.