Essar Shipping Ltd

Essar Shipping Ltd

₹ 44.7 -4.22%
14 Jun 4:01 p.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

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.

  • Market Cap 927 Cr.
  • Current Price 44.7
  • High / Low 48.0 / 10.2
  • Stock P/E
  • Book Value -136
  • Dividend Yield 0.00 %
  • ROCE -151 %
  • ROE %
  • Face Value 10.0

Pros

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.483 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.

Peer comparison

Sector: Shipping Industry: Shipping

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
91 147 145 22 15 16 17 14 14 11 4 3 3
104 126 93 26 20 6 9 8 5 8 25 19 34
Operating Profit -13 20 52 -4 -5 9 7 7 9 3 -21 -17 -32
OPM % -14% 14% 36% -21% -33% 60% 44% 48% 62% 23% -492% -641% -1,248%
17 -174 66 103 323 55 21 1,361 328 46 4 2 23
Interest 136 110 101 74 71 68 75 32 -44 11 10 16 45
Depreciation 44 47 24 19 15 12 13 13 4 11 11 11 -0
Profit before tax -177 -311 -7 6 232 -16 -60 1,323 376 26 -37 -41 -53
Tax % -0% -0% -1% 0% 0% 0% 28% -1% -0% 0% 2% 0% 0%
-177 -311 15 -8 226 -16 -40 1,343 363 26 -36 -41 -53
EPS in Rs -8.65 -15.05 0.74 -0.38 10.89 -0.76 -1.96 64.89 17.56 1.26 -1.74 -2.12 -3.11
Raw PDF

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
3,209 1,859 1,911 1,720 2,194 1,208 1,309 1,344 472 328 61 20
2,433 1,308 1,684 1,441 1,815 962 977 1,084 442 265 28 87
Operating Profit 776 550 227 279 379 246 332 261 30 63 32 -67
OPM % 24% 30% 12% 16% 17% 20% 25% 19% 6% 19% 53% -331%
39 128 243 199 -69 -1,201 -3,430 -1,342 13 319 1,764 75
Interest 366 399 477 542 467 387 396 433 489 356 132 81
Depreciation 369 478 424 464 390 304 282 172 174 106 41 32
Profit before tax 80 -199 -432 -528 -547 -1,646 -3,776 -1,686 -620 -81 1,624 -105
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
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
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: -67%
Compounded Profit Growth
10 Years: 4%
5 Years: 10%
3 Years: 22%
TTM: -1087%
Stock Price CAGR
10 Years: 6%
5 Years: 39%
3 Years: 55%
1 Year: 226%
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
Equity Capital 205 205 205 207 207 207 207 207 207 207 207 207
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
5,296 5,625 5,142 5,324 5,613 4,628 4,771 4,641 4,599 3,912 2,704 2,642
1,360 1,329 1,430 1,506 1,248 1,647 1,701 1,925 2,298 2,171 1,085 1,076
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
9,380 9,817 9,814 6,449 5,835 5,253 3,149 1,003 884 112 58 26
CWIP 1,736 92 78 79 137 78 11 11 16 0 0 0
Investments 0 63 63 0 37 0 42 0 6 40 38 0
2,308 4,071 3,497 3,635 3,487 2,314 1,361 1,332 1,178 1,018 951 885
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

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 57
-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 -60

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 -1,475
ROCE % 4% 2% 0% 0% 1% 0% 2% 13% -30%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.37% 74.37% 74.37% 74.37% 74.37% 74.37% 74.37% 74.37% 74.37% 73.75% 73.75% 73.75%
9.02% 8.89% 6.77% 0.12% 0.12% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.04%
0.05% 0.02% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.02% 0.02% 0.02%
16.56% 16.72% 18.83% 25.48% 25.48% 25.59% 25.61% 25.60% 25.60% 26.22% 26.22% 26.19%
No. of Shareholders 87,98089,09192,1501,04,1371,04,8021,06,4471,05,6891,05,3661,05,3031,02,7081,08,3311,12,595

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents