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 ₹ 21,852 Cr.
- Current Price ₹ 1,531
- High / Low ₹ 1,798 / 998
- Stock P/E 5.83
- Book Value ₹ 1,188
- Dividend Yield 2.29 %
- ROCE 15.8 %
- ROE 15.9 %
- 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 18.3%
Cons
- The company has delivered a poor sales growth of 10.2% 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3,438 | 3,808 | 3,117 | 3,038 | 3,547 | 3,687 | 3,337 | 3,509 | 5,690 | 5,255 | 5,323 | 5,409 | 6,213 | |
| 2,005 | 1,823 | 1,686 | 1,838 | 2,480 | 2,470 | 1,683 | 1,969 | 2,563 | 2,234 | 2,646 | 2,261 | 2,370 | |
| Operating Profit | 1,433 | 1,985 | 1,431 | 1,200 | 1,067 | 1,217 | 1,653 | 1,540 | 3,128 | 3,022 | 2,677 | 3,148 | 3,843 |
| OPM % | 42% | 52% | 46% | 40% | 30% | 33% | 50% | 44% | 55% | 58% | 50% | 58% | 62% |
| 276 | 119 | 506 | 102 | 269 | 211 | 232 | 148 | 481 | 664 | 834 | 903 | 1,049 | |
| Interest | 301 | 288 | 378 | 455 | 521 | 450 | 242 | 370 | 343 | 265 | 236 | 136 | 111 |
| Depreciation | 610 | 608 | 678 | 769 | 773 | 743 | 700 | 698 | 712 | 726 | 813 | 889 | 926 |
| Profit before tax | 798 | 1,208 | 882 | 79 | 42 | 235 | 943 | 620 | 2,554 | 2,694 | 2,462 | 3,026 | 3,855 |
| Tax % | 6% | 9% | 14% | 367% | 151% | 12% | 3% | -2% | -1% | 3% | 5% | 3% | |
| 748 | 1,097 | 755 | -210 | -21 | 207 | 919 | 630 | 2,575 | 2,614 | 2,344 | 2,943 | 3,747 | |
| EPS in Rs | 49.63 | 72.76 | 50.07 | -13.96 | -1.42 | 14.09 | 62.50 | 44.09 | 180.36 | 183.11 | 164.20 | 206.11 | 262.44 |
| Dividend Payout % | 22% | 19% | 20% | -52% | -380% | 57% | 14% | 22% | 16% | 20% | 18% | 17% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 10% |
| 3 Years: | -2% |
| TTM: | 24% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 24% |
| 3 Years: | 0% |
| TTM: | 126% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 33% |
| 3 Years: | 21% |
| 1 Year: | 54% |
| Return on Equity | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 17% |
| 3 Years: | 17% |
| Last Year: | 16% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 7,280 | 6,413 | 7,073 | 6,777 | 6,659 | 6,649 | 7,557 | 7,909 | 10,133 | 12,255 | 14,116 | 16,820 |
| 6,540 | 5,759 | 6,816 | 6,213 | 5,999 | 5,295 | 5,047 | 4,655 | 3,649 | 3,048 | 2,163 | 1,087 | |
| 1,565 | 1,610 | 1,363 | 1,523 | 1,562 | 1,742 | 1,394 | 1,262 | 1,284 | 1,362 | 1,233 | 1,411 | |
| Total Liabilities | 15,535 | 13,933 | 15,402 | 14,664 | 14,370 | 13,833 | 14,145 | 13,969 | 15,209 | 16,808 | 17,656 | 19,460 |
| 10,888 | 8,925 | 10,304 | 9,809 | 9,617 | 9,123 | 9,042 | 8,877 | 8,450 | 8,329 | 8,247 | 9,339 | |
| CWIP | 227 | 328 | 22 | 13 | 14 | 123 | 24 | 24 | 35 | 59 | 21 | 46 |
| Investments | 1,250 | 912 | 875 | 856 | 601 | 963 | 1,350 | 1,157 | 1,510 | 1,970 | 2,289 | 2,392 |
| 3,170 | 3,768 | 4,201 | 3,986 | 4,138 | 3,624 | 3,729 | 3,910 | 5,215 | 6,450 | 7,099 | 7,684 | |
| Total Assets | 15,535 | 13,933 | 15,402 | 14,664 | 14,370 | 13,833 | 14,145 | 13,969 | 15,209 | 16,808 | 17,656 | 19,460 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,445 | 2,151 | 1,522 | 969 | 1,096 | 1,481 | 1,534 | 1,323 | 2,975 | 2,808 | 2,647 | 2,854 | |
| -725 | -440 | -1,548 | -412 | 429 | 622 | -882 | -337 | 39 | -868 | -148 | -860 | |
| -228 | -1,677 | 713 | -1,158 | -1,020 | -1,872 | -505 | -1,189 | -1,893 | -1,330 | -1,675 | -1,769 | |
| Net Cash Flow | 491 | 34 | 687 | -602 | 505 | 230 | 147 | -203 | 1,120 | 610 | 824 | 225 |
| Free Cash Flow | 210 | 1,588 | -389 | 498 | 481 | 1,385 | 1,013 | 911 | 2,776 | 2,373 | 2,472 | 1,276 |
| CFO/OP | 105% | 115% | 115% | 90% | 110% | 127% | 93% | 85% | 95% | 94% | 102% | 93% |
Ratios
Consolidated / View Standalone
| 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 | 36 | 30 | 24 | 30 | 31 | 34 | 30 | 33 | 37 | 45 | 33 | 43 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 36 | 30 | 24 | 30 | 31 | 34 | 30 | 33 | 37 | 45 | 33 | 43 |
| Working Capital Days | -211 | -161 | -207 | -163 | -132 | -36 | -67 | -55 | -16 | -16 | -21 | 33 |
| ROCE % | 8% | 11% | 8% | 4% | 4% | 4% | 9% | 7% | 21% | 19% | 14% | 16% |
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
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Closure of Trading Window
- Trading window closed from October 1, 2026 until 48 hours after Q2 FY26 results.
- Announcement under Regulation 30 (LODR)-Daily Buy Back of equity shares
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Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015
- Subsidiary GIL received 8 MVAT review notices for FY2013-14, FY2014-15, FY2016-17 and Apr 2017-June 2017.
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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Aug 2026Transcript PPT
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Jun 2016PPT
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Feb 2016PPT
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Business Segments
The company is the Largest Shipping & Oilfield Services Provider in India. [1]