| Quarterly Financials | Mar 2015 | Jun 2015 | Sept 2015 | Dec 2015 | Mar 2016 | Dec 2016 | Mar 2017 | Jun 2018 | Sept 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sept 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sept 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 |
Revenue  | 460 | 484 | 550 | 488 | 477 | 672 | 466 | 356 | 328 | 373 | 331 | 347 | 434 | 384 | 314 | 146 | 130 | 100 | 119 | 258 | 221 | 127 | 338 | 76 | 49 | 1,382 | 359 | 62 | 14 | 18 | 69 | 57 | 866 | 74 | -79 | 50 | 6 |
| Expenses | 334 | 370 | 386 | 366 | 356 | 580 | 472 | 299 | 253 | 233 | 3,711 | 245 | 315 | 309 | 1,707 | 103 | 113 | 131 | 119 | 420 | 99 | 26 | 20 | 11 | 21 | 14 | 23 | 14 | 31 | 32 | 78 | 62 | 195 | 12 | -113 | 6 | 3 |
| EBITDA | 126 | 115 | 165 | 122 | 121 | 92 | -6 | 57 | 75 | 140 | -3,381 | 103 | 119 | 75 | -1,393 | 43 | 17 | -32 | 0 | -162 | 122 | 101 | 318 | 64 | 28 | 1,368 | 336 | 48 | -16 | -15 | -9 | -5 | 671 | 62 | 34 | 43 | 2 |
| Operating Profit % | 21 % | 13 % | 7 % | 15 % | 20 % | 3 % | 15 % | 13 % | 20 % | 28 % | -1,088 % | 28 % | 18 % | 18 % | -655 % | 29 % | 12 % | -33 % | -36 % | -204 % | 33 % | -11 % | -34 % | 28 % | -26 % | 5 % | -67 % | -26 % | -159 % | -1,157 % | -2,973 % | -2,337 % | -32 % | -298 % | 21 % | -279 % | -31,800 % |
| Depreciation | 91 | 112 | 116 | 115 | 117 | 84 | 56 | 69 | 73 | 68 | 73 | 43 | 43 | 43 | 44 | 44 | 43 | 43 | 45 | 47 | 24 | 19 | 15 | 12 | 13 | 13 | 4 | 11 | 11 | 11 | -0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 193 | 116 | 120 | 112 | 147 | 79 | 117 | 94 | 92 | 72 | 138 | 88 | 106 | 124 | 114 | 106 | 137 | 111 | 136 | 110 | 101 | 74 | 71 | 68 | 76 | 32 | -44 | 12 | 10 | 16 | 45 | 29 | 28 | 23 | 21 | 16 | 18 |
| Profit Before Tax | -157 | -112 | -69 | -104 | -141 | -69 | -176 | -103 | -87 | 2 | -3,588 | -25 | -26 | -89 | -1,545 | -103 | -159 | -182 | -177 | -311 | -7 | 6 | 232 | -16 | -60 | 1,323 | 376 | 26 | -37 | -41 | -53 | -35 | 642 | 39 | 13 | 27 | -16 |
| Tax | 3 | 3 | 7 | 5 | 6 | 19 | 1 | 1 | 0 | 0 | -6 | -5 | 0 | 6 | -6 | 0 | 0 | 0 | 0 | 0 | -23 | 13 | 6 | 0 | -20 | -20 | 13 | 0 | -1 | 0 | 0 | 0 | 0 | -1 | 0 | 0 | 0 |
| Net Profit | -160 | -116 | -76 | -110 | -147 | -88 | -177 | -103 | -88 | 1 | -3,582 | -21 | -26 | -95 | -1,540 | -103 | -159 | -182 | -177 | -311 | 15 | -8 | 226 | -16 | -41 | 1,343 | 363 | 26 | -36 | -41 | -53 | -35 | 642 | 40 | 13 | 27 | -16 |
| EPS in ₹ | -7.78 | -5.64 | -3.71 | -5.34 | -7.20 | -4.23 | -8.60 | -4.91 | -4.23 | 0.06 | -4.59 | -1.01 | -1.27 | -4.25 | -74.38 | -4.99 | -7.67 | -8.79 | -8.54 | -15.05 | 0.74 | -0.38 | 10.91 | -0.76 | -1.96 | 64.89 | 17.62 | 1.26 | -1.73 | -2.00 | -2.57 | -1.67 | 31.02 | 1.92 | 0.62 | 1.32 | -0.76 |
Essar Shipping
Essar Shipping
32.52
-0.06
(-0.18%)
Q1 Quarterly Results are out. Check out the updated financials21 hours ago
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Key Fundamentals
Market Cap
673.10 Cr
EPS
31.89
PE Ratio
0.94
Dividend Yield
0.00 %
Industry
Transport Services 52 Week High
43.26
52 Week Low
21.50
PB Ratio
-0.28
Debt to Equity
0.00
Sector
Shipping Actual
Company News
View All News
Essar Shipping Reports Rs 139 Crore Profit in H1 FY26 Despite Going Concern Issues1 day ago
Essar Shipping Limited posted a profit of Rs 139.21 crore for the half-year ended September 30, 2025, driven primarily by exceptional gains of Rs 107.93 crore including recovery from subsidiary and security deposit receipts. The company faces significant financial distress with current liabilities exceeding assets, eroded net worth, continuous operational losses, and material uncertainty about its ability to continue as a going concern.
Essar Shipping Approves Divestment of Two Overseas Subsidiaries and Key Appointments at 15th AGMSep 28, 2025
Essar Shipping Limited held its 15th Annual General Meeting on September 26, 2025, where shareholders approved several key resolutions. The company approved divestment of two overseas wholly owned subsidiaries - Essar Shipping DMCC in UAE and OGD Services Holdings Limited in Mauritius. Both subsidiaries had negative net worth of Rs. 465.16 crore and Rs. 419.94 crore respectively, contributing 19.55% and 17.65% to the company's net worth. The divestments are expected to be completed within one year, with sale proceeds to be used for redemption of NCDs and ICDs. The buyers will be Essar Investment Holdings Mauritius Limited or other Essar Group entities. Additionally, shareholders approved the appointment of Ketan Kantibhai Shah as Non-Executive, Non-Independent Director, M/s. Manohar Chowdhry & Associates as Statutory Auditors for FY 2025-26 to FY 2029-30, and M/s. Mayank Arora & Co. as Secretarial Auditor for five years from FY 2025-26 to FY 2029-2030.
Essar Shipping Mauritius Holdings Limited plans to acquire 10.34% equity shares (2.14 crore shares) of Essar Shipping Limited from IDH International Drilling Holdco Limited at Rs. 25.91 per share. This represents an inter-se transfer among promoter group entities. The acquisition can proceed anytime after 4 working days from the intimation date. Post-transaction, Essar Shipping Mauritius Holdings' stake in the target company will increase from 60.09% to 70.43%, while IDH International Drilling Holdco's holding will reduce from 10.34% to zero. The transaction is exempt from making an open offer under takeover regulations as it involves transfer between promoter group entities.
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Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
1,133.20 | #1 16,178.40 | 7.92 | #1 6,156.90 | 4.02 | #1 2,344 | 1.01 | 64.59 | |
265.30 | 12,357.60 | 15.37 | 5,800.40 | 10.23 | 844 | -35.07 | 59.03 | |
867.50 | 2,940.80 | 25.17 | 682.20 | -10.01 | 88 | -12,950.00 | 50.86 | |
32.52 | #4 673.10 | #2 0.94 | #5 247.30 | #1 199.39 | #3 657 | #8 -102.43 | 48.41 | |
234.40 | 575.50 | 21.12 | 184.30 | 33.55 | 27 | -21.15 | 64.03 | |
236.77 | 519.90 | #1 -81.52 | 454.00 | 38.33 | 34 | -143.19 | 35.69 | |
69.63 | 214.10 | 35.53 | 33.30 | -29.00 | 4 | 109.52 | 39.48 | |
100.40 | 144.10 | 12.26 | 97.40 | 14.99 | 12 | 235.71 | 38.94 | |
53.80 | 95.80 | 9.04 | 24.10 | - | 10 | #1 357.14 | 46.12 | |
22.80 | 90.80 | 250.00 | 3.00 | -95.70 | -1 | -10.00 | 46.76 |
Automatic Screeners on ScanX
Growth Rate
Revenue Growth
199.39 %
Net Income Growth
-729.53 %
Cash Flow Change
1,241.14 %
ROE
-807.44 %
ROCE
-6,802.59 %
EBITDA Margin (Avg.)
-1,458.96 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 13,452 | 10,163 | 9,496 | 7,645 | 4,563 | 2,345 | 2,084 | 1,170 | 1,047 | 911 | 300 |
| Fixed Assets | 9,814 | 6,449 | 5,835 | 5,253 | 3,149 | 1,003 | 884 | 112 | 58 | 26 | 28 |
| Current Assets | 3,261 | 3,471 | 3,353 | 2,297 | 1,334 | 1,316 | 1,174 | 1,017 | 948 | 885 | 87 |
| Capital Work in Progress | 78 | 79 | 137 | 78 | 11 | 11 | 16 | 0 | 0 | 0 | 180 |
| Investments | 0 | 0 | 37 | 0 | 42 | 0 | 6 | 40 | 38 | 0 | 0 |
| Other Assets | 3,560 | 3,635 | 3,487 | 2,314 | 1,361 | 1,332 | 1,178 | 1,018 | 951 | 885 | 92 |
| Total Liabilities | 13,452 | 10,163 | 9,496 | 7,645 | 4,563 | 2,345 | 2,084 | 1,170 | 1,047 | 911 | 300 |
| Current Liabilities | 4,013 | 3,681 | 6,066 | 4,328 | 4,306 | 4,331 | 4,890 | 4,138 | 3,272 | 2,962 | 1,273 |
| Non Current Liabilities | 2,559 | 3,150 | 796 | 1,755 | 1,904 | 1,975 | 1,743 | 1,678 | 398 | 623 | 1,406 |
| Total Equity | 6,880 | 3,333 | 2,635 | 1,562 | -1,648 | -3,960 | -4,549 | -4,646 | -2,624 | -2,674 | -2,380 |
| Reserve & Surplus | 6,675 | 3,029 | 2,400 | 1,163 | -2,117 | -4,428 | -5,020 | -5,121 | -2,949 | -3,014 | -2,587 |
| Share Capital | 205 | 207 | 207 | 207 | 207 | 207 | 207 | 207 | 207 | 207 | 207 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | -23 | -2 | 2 | 18 | -16 | 22 | -12 | -9 | 7 | -6 | -15 |
| Investing Activities | 380 | 26 | 13 | 719 | 64 | 75 | -22 | 478 | 463 | 111 | -335 |
| Operating Activities | 559 | 346 | 274 | 487 | 157 | 210 | 97 | 140 | 514 | -47 | 531 |
| Financing Activities | -961 | -374 | -285 | -1,188 | -236 | -263 | -86 | -627 | -969 | -71 | -211 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 |
| Promoter | 74.37 % | 74.37 % | 74.37 % | 74.37 % | 74.37 % | 74.37 % | 74.37 % | 74.37 % | 74.37 % | 74.37 % | 73.75 % | 73.75 % | 73.75 % | 73.75 % | 73.75 % | 73.75 % | 73.75 % | 73.75 % | 73.75 % |
| FIIs | 9.02 % | 9.02 % | 8.89 % | 6.77 % | 0.12 % | 0.12 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.01 % | 0.04 % | 0.01 % | 0.00 % | 0.00 % | 0.01 % | 0.00 % | 0.00 % |
| DIIs | 0.05 % | 0.05 % | 0.02 % | 0.03 % | 0.03 % | 0.03 % | 0.03 % | 0.03 % | 0.03 % | 0.03 % | 0.02 % | 0.02 % | 0.02 % | 0.02 % | 0.02 % | 0.03 % | 0.03 % | 0.02 % | 0.02 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 8.27 % | 8.62 % | 9.06 % | 10.76 % | 17.67 % | 18.07 % | 18.55 % | 18.93 % | 18.84 % | 18.57 % | 18.62 % | 19.23 % | 20.12 % | 20.35 % | 21.33 % | 21.30 % | 21.31 % | 21.26 % | 21.19 % |
| Others | 8.29 % | 7.94 % | 7.66 % | 8.07 % | 7.81 % | 7.42 % | 7.05 % | 6.68 % | 6.76 % | 7.03 % | 7.61 % | 6.99 % | 6.06 % | 5.87 % | 4.90 % | 4.92 % | 4.91 % | 4.96 % | 5.03 % |
| No of Share Holders | 85,802 | 87,980 | 89,091 | 92,150 | 1,04,137 | 1,04,802 | 1,06,447 | 1,05,689 | 1,05,366 | 1,05,303 | 1,02,708 | 1,08,331 | 1,12,595 | 1,23,972 | 1,35,076 | 1,33,207 | 1,32,524 | 1,31,305 | 1,30,956 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 30 Sept 2024 |  Annual General Meeting | NA | 30 Sept 2024 | 40.63 | 44.25 |
| 13 Nov 2024 |  Quarterly Result Announcement | NA | 13 Nov 2024 | 38.80 | 34.63 |
| 04 Feb 2025 | Quarterly Result Announcement | NA | 04 Feb 2025 | 31.98 | 32.65 |
| 29 May 2025 | Quarterly Result Announcement | NA | 29 May 2025 | 33.17 | 33.04 |
| 13 Aug 2025 | Quarterly Result Announcement | NA | 13 Aug 2025 | 24.91 | 26.47 |
| 26 Sept 2025 | Annual General Meeting | NA | 26 Sept 2025 | 25.26 | 29.61 |
| 13 Nov 2025 | Quarterly Result Announcement | NA | 13 Nov 2025 | 35.74 | 33.36 |
Announcements
Revised Un-Audited Financial Results For Quarter And Half Year Ended 30.09.2025
1 day ago
1 day agoAnnouncement under Regulation 30 (LODR)-Newspaper Publication1 day ago
1 day agoIntimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.2 days ago
2 days agoOutcome Of Board Meeting Of Essar Shipping Limited (The Company) And Intimation Under Regulation 30 And 33 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 20152 days ago
2 days agoBoard Meeting Outcome for Outcome Of Board Meeting Of Essar Shipping Limited (The Company) And Intimation Under Regulation 30 And 33 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 20152 days ago
2 days agoBoard Meeting Intimation for Board Meeting Intimation For Quarter And Half Year Ended On September 30 2025 Scheduled To Be Held On November 13 2025.7 days ago
7 days agoRumour verification - Regulation 30(11)Oct 28, 2025
Oct 28, 2025Clarification sought from Essar Shipping LtdOct 28, 2025
Oct 28, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 16, 2025
Oct 16, 2025Essar Shipping Limited Submits Its Response To The Clarification Sought By BSE LimitedOct 10, 2025
Oct 10, 2025Clarification sought from Essar Shipping LtdOct 09, 2025
Oct 09, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateSep 29, 2025
Sep 29, 2025Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/sSep 29, 2025
Sep 29, 2025Closure of Trading WindowSep 29, 2025
Sep 29, 2025Shareholder Meeting / Postal Ballot-Scrutinizers ReportSep 28, 2025
Sep 28, 2025Announcement under Regulation 30 (LODR)-Meeting UpdatesSep 27, 2025
Sep 27, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMSep 26, 2025
Sep 26, 2025Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Regulations 2011Sep 22, 2025
Sep 22, 2025Intimation Under Regulation 10(5) Of Securities And Exchange Board Of India (Substantial Acquisition Of Shares And Takeovers) Regulations 2011Sep 19, 2025
Sep 19, 2025Essar Shipping Limited - Copy Of Newspaper Publication Made With The Notice For The Forthcoming Annual General Meeting Dated September 26 2025Sep 05, 2025
Sep 05, 2025Intimation Of Record Date And Book ClosureSep 03, 2025
Sep 03, 2025Reg. 34 (1) Annual Report.Sep 03, 2025
Sep 03, 2025Notice Of 15Th Annual General Meeting Through Audio Visual Means Scheduled To Be Held On Friday September 26 2025 At 3:00 P.M. (IST) And Annual Report For The Financial Year 2024-25Sep 03, 2025
Sep 03, 2025Announcement under Regulation 30 (LODR)-Change in ManagementAug 28, 2025
Aug 28, 2025Announcement under Regulation 30 (LODR)-Change in ManagementAug 28, 2025
Aug 28, 2025Appointment of Company Secretary and Compliance OfficerAug 28, 2025
Aug 28, 2025Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance OfficerAug 28, 2025
Aug 28, 2025Announcement under Regulation 30 (LODR)-CessationAug 28, 2025
Aug 28, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 14, 2025
Aug 14, 2025Essar Shipping Limited Has Informed The Exchange Regarding The Notice Received From Serious Fraud Investigation Office ("SFIO") For Investigation Into The Affairs Of The Company Under Section 212 Of The Companies Act 2013Aug 14, 2025
Aug 14, 2025Un-Audited Consolidated And Standalone Financial Results Of The Company For The Quarter Ended June 30 2025 Alongwith The Limited Review Report (Results)
Aug 13, 2025
Aug 13, 2025Board Meeting Outcome for Outcome Of Board Meeting Held On Wednesday Auqust 13 2025
Aug 13, 2025
Aug 13, 2025Board Meeting Intimation for Intimation Of Board Meeting To Consider The Un-Audited Standalone & Consolidated Financial Results For The Quarter Ended June 30 2025Aug 08, 2025
Aug 08, 2025Announcement under Regulation 30 (LODR)-Resignation of DirectorJul 21, 2025
Jul 21, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 11, 2025
Jul 11, 2025Closure of Trading WindowJun 27, 2025
Jun 27, 2025Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 30, 2025
May 30, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 30, 2025
May 30, 2025Financial Results For Quarter And The Year Ended On March 31 2025May 29, 2025
May 29, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateMay 29, 2025
May 29, 2025Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/sMay 29, 2025
May 29, 2025Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/sMay 29, 2025
May 29, 2025Board Meeting Outcome for Outcome Of Board Meeting Held On Thursday May 29 2025May 29, 2025
May 29, 2025Board Meeting Intimation for Audited Financial Results For The Quarter And Financial Year Ending On March 31 2025May 26, 2025
May 26, 2025Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure AApr 30, 2025
Apr 30, 2025Clarification On Price MovementApr 23, 2025
Apr 23, 2025Clarification Sought From Essar Shipping LtdApr 22, 2025
Apr 22, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 11, 2025
Apr 11, 2025Appointment of Company Secretary and Compliance OfficerMar 31, 2025
Mar 31, 2025Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance OfficerMar 31, 2025
Mar 31, 2025Technical Indicators
RSI(14)
Neutral 48.41
ATR(14)
Less Volatile 2.35
STOCH(9,6)
Oversold 15.95
STOCH RSI(14)
Oversold 2.05
MACD(12,26)
Bearish -0.76
ADX(14)
Strong Trend 32.75
UO(9)
Bearish 52.57
ROC(12)
Downtrend And Accelerating -10.78
WillR(14)
Oversold -87.25
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