Essar Shipping Ltd
₹ 30.5
4.99%
13 May
- close price
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 ₹ 634 Cr.
- Current Price ₹ 30.5
- High / Low ₹ 71.6 / 21.2
- Stock P/E 37.4
- Book Value ₹ -116
- Dividend Yield 0.00 %
- ROCE -208 %
- 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 -56.6% over past five years.
- Contingent liabilities of Rs.349 Cr.
- Earnings include an other income of Rs.770 Cr.
- Company has high debtors of 337 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.
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Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3,209 | 1,859 | 1,911 | 1,720 | 2,194 | 1,208 | 1,309 | 1,344 | 472 | 328 | 61 | 20 | 156 | |
| 2,433 | 1,308 | 1,684 | 1,441 | 1,815 | 962 | 977 | 1,084 | 442 | 265 | 28 | 87 | 207 | |
| Operating Profit | 776 | 550 | 227 | 279 | 379 | 246 | 332 | 261 | 30 | 63 | 32 | -67 | -51 |
| OPM % | 24% | 30% | 12% | 16% | 17% | 20% | 25% | 19% | 6% | 19% | 53% | -331% | -33% |
| 39 | 128 | 243 | 199 | -69 | -1,201 | -3,430 | -1,342 | 13 | 319 | 1,764 | 75 | 770 | |
| Interest | 366 | 399 | 477 | 542 | 467 | 387 | 396 | 433 | 489 | 356 | 132 | 81 | 124 |
| Depreciation | 369 | 478 | 424 | 464 | 390 | 304 | 282 | 172 | 174 | 106 | 41 | 32 | 0 |
| Profit before tax | 80 | -199 | -432 | -528 | -547 | -1,646 | -3,776 | -1,686 | -620 | -81 | 1,624 | -105 | 594 |
| Tax % | 55% | 23% | 6% | 4% | 7% | 0% | 0% | 0% | 0% | 0% | -2% | -1% | |
| 36 | -244 | -459 | -550 | -583 | -1,685 | -3,771 | -1,687 | -621 | -78 | 1,650 | -104 | 594 | |
| EPS in Rs | 1.74 | -11.88 | -22.36 | -26.58 | -28.19 | -80.44 | -182.40 | -81.24 | -29.97 | -3.79 | 79.73 | -5.71 | 28.16 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -36% |
| 5 Years: | -57% |
| 3 Years: | -65% |
| TTM: | 300% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 9% |
| 3 Years: | 21% |
| TTM: | 833% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 33% |
| 3 Years: | 58% |
| 1 Year: | 13% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 205 | 205 | 205 | 207 | 207 | 207 | 207 | 207 | 207 | 207 | 207 | 207 | 207 |
| Reserves | 6,563 | 6,884 | 6,675 | 3,126 | 2,428 | 1,163 | -2,117 | -4,428 | -5,020 | -5,121 | -2,949 | -3,014 | -2,615 |
| 5,296 | 5,625 | 5,142 | 5,324 | 5,613 | 4,628 | 4,771 | 4,641 | 4,599 | 3,912 | 2,704 | 2,642 | 1,746 | |
| 1,360 | 1,329 | 1,430 | 1,506 | 1,248 | 1,647 | 1,701 | 1,925 | 2,298 | 2,171 | 1,085 | 1,076 | 1,005 | |
| Total Liabilities | 13,424 | 14,043 | 13,452 | 10,163 | 9,496 | 7,645 | 4,563 | 2,345 | 2,084 | 1,170 | 1,047 | 911 | 343 |
| 9,380 | 9,817 | 9,814 | 6,449 | 5,835 | 5,253 | 3,149 | 1,003 | 884 | 112 | 58 | 26 | 26 | |
| CWIP | 1,736 | 92 | 78 | 79 | 137 | 78 | 11 | 11 | 16 | -0 | -0 | -0 | -0 |
| Investments | 0 | 63 | 63 | -0 | 37 | -0 | 42 | -0 | 6 | 40 | 38 | 0 | 0 |
| 2,308 | 4,071 | 3,497 | 3,635 | 3,487 | 2,314 | 1,361 | 1,332 | 1,178 | 1,018 | 951 | 885 | 317 | |
| Total Assets | 13,424 | 14,043 | 13,452 | 10,163 | 9,496 | 7,645 | 4,563 | 2,345 | 2,084 | 1,170 | 1,047 | 911 | 343 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,205 | 396 | 559 | 345 | 274 | 487 | 157 | 210 | 97 | 140 | 514 | -46 | |
| -98 | 239 | 379 | 26 | 13 | 719 | 64 | 75 | -22 | 478 | 463 | 111 | |
| -1,075 | -606 | -961 | -374 | -285 | -1,188 | -236 | -263 | -86 | -627 | -969 | -71 | |
| Net Cash Flow | 32 | 29 | -23 | -2 | 2 | 18 | -15 | 22 | -12 | -9 | 7 | -6 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 45 | 67 | 58 | 71 | 20 | 30 | 43 | 20 | 23 | 27 | 79 | 337 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 45 | 67 | 58 | 71 | 20 | 30 | 43 | 20 | 23 | 27 | 79 | 337 |
| Working Capital Days | 23 | 289 | -106 | 57 | -277 | -496 | -835 | -831 | -691 | -1,020 | -275 | -1,476 |
| ROCE % | 4% | 2% | 0% | 0% | 1% | 0% | 2% | 13% | -30% | -208% |
Documents
Announcements
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
30 Apr - Essar Shipping reports Rs 1258.35 Cr borrowing, confirms not a Large Corporate per SEBI.
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Clarification On Price Movement
23 Apr - Essar Shipping clarifies no undisclosed info causing recent price movement, confirms regulatory compliance.
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Clarification Sought From Essar Shipping Ltd
22 Apr - Exchange has sought clarification from Essar Shipping Ltd on April 22, 2025 with reference to significant movement in price, in order to ensure that investors …
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
11 Apr - Certificate Under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations 2018 for the quarter ended March 31, 2025
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Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
31 Mar - Resignation and appointment of Company Secretary and Compliance Officer.
Annual reports
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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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Financial Year 2010
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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.