Great Eastern Shipping Company Ltd
Great Eastern Shipping Company Ltd, along with its subsidiaries is a major player in the Indian shipping and Oil drilling services industry.[1]
- Market Cap ₹ 20,162 Cr.
- Current Price ₹ 1,412
- High / Low ₹ 1,798 / 971
- Stock P/E 6.45
- Book Value ₹ 976
- Dividend Yield 2.49 %
- ROCE 14.2 %
- ROE 14.0 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 22.6%
Cons
- The company has delivered a poor sales growth of 6.47% over past five years.
- Tax rate seems low
* 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
Services Services Transport Services Shipping
Part of BSE 500 Nifty 500 Nifty Smallcap 100 BSE India Infrastructure BSE SmallCap Select Index
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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,734 | 1,972 | 1,704 | 2,061 | 2,651 | 2,871 | 2,674 | 2,832 | 4,835 | 4,165 | 3,830 | 3,659 | 4,410 | |
| 1,170 | 1,002 | 963 | 1,206 | 2,035 | 1,977 | 1,161 | 1,424 | 1,998 | 1,674 | 1,756 | 1,295 | 1,391 | |
| Operating Profit | 564 | 970 | 741 | 855 | 616 | 894 | 1,513 | 1,408 | 2,837 | 2,491 | 2,073 | 2,364 | 3,019 |
| OPM % | 33% | 49% | 44% | 41% | 23% | 31% | 57% | 50% | 59% | 60% | 54% | 65% | 68% |
| 276 | 138 | 521 | 132 | 248 | 220 | 219 | 134 | 261 | 559 | 884 | 761 | 913 | |
| Interest | 189 | 183 | 247 | 328 | 362 | 318 | 227 | 276 | 259 | 198 | 168 | 105 | 93 |
| Depreciation | 319 | 288 | 374 | 491 | 509 | 477 | 439 | 436 | 450 | 455 | 527 | 594 | 635 |
| Profit before tax | 333 | 637 | 641 | 167 | -6 | 320 | 1,066 | 831 | 2,389 | 2,397 | 2,262 | 2,426 | 3,204 |
| Tax % | 5% | 3% | 6% | 4% | 201% | 12% | 3% | 2% | 2% | 3% | 4% | 3% | |
| 317 | 618 | 601 | 160 | -19 | 281 | 1,030 | 812 | 2,352 | 2,316 | 2,166 | 2,356 | 3,125 | |
| EPS in Rs | 21.04 | 41.01 | 39.89 | 10.62 | -1.29 | 19.10 | 70.09 | 56.83 | 164.74 | 162.25 | 151.73 | 165.06 | 218.90 |
| Dividend Payout % | 52% | 33% | 25% | 68% | -418% | 42% | 13% | 17% | 17% | 27% | 20% | 21% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 6% |
| 3 Years: | -9% |
| TTM: | 27% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 14% |
| 3 Years: | -7% |
| TTM: | 111% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 31% |
| 3 Years: | 19% |
| 1 Year: | 42% |
| Return on Equity | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 18% |
| 3 Years: | 16% |
| Last Year: | 14% |
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 | 151 | 151 | 151 | 151 | 151 | 147 | 147 | 143 | 143 | 143 | 143 | 143 |
| Reserves | 4,780 | 4,469 | 5,011 | 5,075 | 4,915 | 4,920 | 5,951 | 6,429 | 8,377 | 10,204 | 11,850 | 13,787 |
| 3,069 | 2,878 | 4,432 | 4,223 | 4,104 | 3,602 | 3,721 | 3,434 | 2,536 | 2,230 | 1,499 | 1,050 | |
| 1,336 | 1,357 | 1,154 | 1,090 | 1,171 | 1,337 | 1,025 | 963 | 970 | 1,036 | 877 | 985 | |
| Total Liabilities | 9,336 | 8,855 | 10,748 | 10,538 | 10,341 | 10,006 | 10,845 | 10,969 | 12,026 | 13,612 | 14,368 | 15,965 |
| 4,258 | 3,666 | 5,594 | 5,542 | 5,536 | 5,196 | 5,369 | 5,427 | 5,149 | 5,211 | 5,263 | 6,486 | |
| CWIP | 226 | 328 | 22 | 8 | 13 | 109 | 24 | 24 | 27 | 38 | 15 | 43 |
| Investments | 2,815 | 2,564 | 2,543 | 2,436 | 2,156 | 2,557 | 2,977 | 2,706 | 2,958 | 3,316 | 3,734 | 3,827 |
| 2,037 | 2,297 | 2,588 | 2,551 | 2,636 | 2,144 | 2,475 | 2,812 | 3,893 | 5,047 | 5,356 | 5,609 | |
| Total Assets | 9,336 | 8,855 | 10,748 | 10,538 | 10,341 | 10,006 | 10,845 | 10,969 | 12,026 | 13,612 | 14,368 | 15,965 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 530 | 1,057 | 719 | 524 | 674 | 1,142 | 1,344 | 1,153 | 2,699 | 2,372 | 2,209 | 2,037 | |
| 498 | -324 | -1,545 | -316 | 504 | 696 | -977 | -521 | 125 | -887 | -70 | -834 | |
| -650 | -804 | 1,284 | -638 | -701 | -1,411 | -102 | -983 | -1,623 | -973 | -1,442 | -1,054 | |
| Net Cash Flow | 378 | -70 | 458 | -429 | 476 | 428 | 265 | -351 | 1,201 | 512 | 696 | 148 |
| Free Cash Flow | 374 | 449 | 802 | 115 | 103 | 1,110 | 882 | 785 | 2,596 | 2,024 | 2,153 | 547 |
| CFO/OP | 99% | 112% | 101% | 65% | 114% | 132% | 88% | 83% | 96% | 98% | 110% | 90% |
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 | 28 | 17 | 10 | 28 | 28 | 32 | 21 | 27 | 34 | 38 | 23 | 31 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 28 | 17 | 10 | 28 | 28 | 32 | 21 | 27 | 34 | 38 | 23 | 31 |
| Working Capital Days | -322 | -247 | -323 | -130 | -142 | -27 | -76 | -56 | -12 | -25 | -33 | 20 |
| ROCE % | 6% | 10% | 9% | 5% | 3% | 6% | 13% | 11% | 24% | 20% | 14% | 14% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fleet Count - Shipping Number of Vessels |
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| Total DWT - Shipping MT |
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| Average TCY - Crude Carriers USD/day |
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| Average TCY - Dry Bulk Carriers USD/day |
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| Average TCY - Product Carriers USD/day |
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| Average TCY - LPG Carriers USD/day |
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Extracted by Screener AI
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Daily Buy Back of equity shares
- Announcement under Regulation 30 (LODR)-Daily Buy Back of equity shares
- Announcement under Regulation 30 (LODR)-Daily Buy Back of equity shares
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Announcement under Regulation 30 (LODR)-Daily Buy Back of equity shares
- On September 08, 2026, company bought back 92,111 shares at average ₹1,379.97; cumulative 4,90,628.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
- GE Shipping contracted to buy two secondhand Kamsarmax dry bulk carriers, with deliveries expected in Q3 FY27.
Annual reports
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Annual Report 2026
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2012
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Concalls
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Business Segments
The company is the Largest Shipping & Oilfield Services Provider in India. [1]