Essar Shipping
- Market cap
- ₹ 304 Cr.
- P/E
- 10.5x
- 52-week range
- 14.12 – 43.26
- ROCE
- −208%
- Dividend yield
- 0%
- Sector
- Transport Services
- Industry
- Shipping
- Listed on
- NSE, BSE
About
Essar Shipping Limited is an India-based shipping company. The Company is mainly engaged in fleet operating and chartering activities and operates international and coastal voyages. The Company also invested in diverse business verticals, such as fleet operating and chartering (tankers and dry bulkers), oilfields services (land rigs and semi- submersible rig) and logistics services (trucks, trailers and tippers). The Company’s segments include fleet operating and chartering. It has a fleet of 14 vessels that include VLCCs, Capesizes, Mini-capes, Panamax, Supramaxes and Handysize bulk carriers. The oilfields services business provides contract drilling services to oil and gas companies across the globe. This business owns one semi-submersible rig and 15 land rigs. The Company’s subsidiaries include OGD Services Holdings Limited, Energy II Limited, and Essar Shipping DMCC.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Shipping: 14 companies →Essar Shipping against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)10.5 against a typical 10.8: cheaper than most peers (1st = cheapest).6th of 13
- Sales growth−100% against a typical +35.1% from a year earlier.10th of 10
- Profit growth+751.9% against a typical +101.7% from a year earlier.1st of 6
- Share price, 3 months−27.1% against a typical −5.1%.13th of 13
- Size₹ 303.8 Cr. market value against a typical ₹ 303.8 Cr. (1st = largest).7th of 13
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 12 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 30 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 13 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 13 Nov 2025 | Financial Results | To consider and approve the Unaudited financial results for the Quarter and Half-year ended September 30, 2025 |
| 13 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 29 May 2025 | Financial Results | To consider and approve the financial results for the period ended March 31, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 12 | 3 | 3 | 3 | 148 | 3 | −143 | 2 | 0 | 0 | 0 | 0 |
| Expenses | 25 | 19 | 34 | 7 | 154 | 11 | −113 | 6 | 3 | 5 | 4 | 3 |
| Operating Profit | −13 | −17 | −32 | −4 | −6 | −8 | −30 | −5 | −3 | −4 | −4 | −3 |
| OPM % | −113% | −641% | −1,248% | −175% | −4.4% | −267% | — | −279% | −31,800% | −11,175% | −9,050% | −7,475% |
| Other Income | −3 | 2 | 23 | −1 | 677 | 70 | 64 | 48 | 6 | −50 | −4 | 258 |
| Interest | 10 | 16 | 45 | 29 | 28 | 23 | 21 | 16 | 18 | 33 | 28 | 25 |
| Depreciation | 11 | 11 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | −37 | −41 | −53 | −35 | 642 | 39 | 13 | 27 | −16 | −88 | −36 | 230 |
| Tax % | −2% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | −36 | −41 | −53 | −35 | 642 | 40 | 13 | 27 | −16 | −88 | −36 | 230 |
| EPS in Rs | −1.74 | −2.12 | −3.11 | −1.69 | 31.04 | 1.92 | 0.62 | 1.32 | −0.76 | −4.26 | −1.72 | 11.13 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- −50%
- 5 Years
- −67%
- 3 Years
- −69%
- TTM
- −99%
- 10 Years
- 7%
- 5 Years
- 15%
- 3 Years
- −20%
- TTM
- −149%
- 10 Years
- −5%
- 5 Years
- 10%
- 3 Years
- 7%
- TTM
- —
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Essar Shipping | ₹ 14.75 | ₹ 304 Cr. | 10.5x | — | — | — |
| Mazagon Dock Shipbuilders | ₹ 1,862.00 | ₹ 75,109 Cr. | 36.6x | 9.7x | 31.2% | 20% |
| Cochin Shipyard | ₹ 1,143.00 | ₹ 30,070 Cr. | 51.5x | 6.3x | 12.5% | 14.3% |
| Great Eastern Shipping Company | ₹ 1,490.00 | ₹ 21,898 Cr. | 7.7x | 1.1x | 18.9% | 54.4% |
| Shipping Corporation of India | ₹ 237.95 | ₹ 11,084 Cr. | 9.7x | 1.4x | 15.5% | 23.4% |
| Swan Defence and Heavy Industries | ₹ 2,696.90 | ₹ 14,208 Cr. | — | 168.7x | −123.9% | −80.2% |
Management
- Vipin Jain
- Chief Financial Officer
- Habib Jan
- Company Secretary, Compliance Officer
- Rajesh Desai
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.