Great Eastern Shipping Company

Market Cap (₹ Cr.)

₹17,914

52 Week High

1,543.70

Book Value

₹868

52 Week Low

727.50

PE Ratio

6.29

PB Ratio

1.45

PE for Sector

31.85

PB for Sector

1.70

ROE

21.09 %

ROCE

34.12 %

Dividend Yield

3.49 %

EPS

₹199.62

Industry

Shipping

Sector

Shipping

Investment Returns

In Long Term

In Short Term

1 Year

0.00%

2 Years

0.00%

3 Years

0.00%

4 Years

0.00%

5 Years

0.00%

Growth Rate

Revenue Growth

-4.09 %

Net Income Growth

1.52 %

Cash Flow Change

-5.60 %

ROE

-15.86 %

ROCE

2.63 %

EBITDA Margin (Avg.)

6.48 %

Financial Results

Quarterly Financials	Mar 2015	Jun 2015	Sept 2015	Dec 2015	Mar 2016	Jun 2016	Sept 2016	Dec 2016	Mar 2017	Jun 2017	Sept 2017	Dec 2017	Mar 2018	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
Revenue	455	492	596	580	462	478	579	512	618	507	558	674	638	604	702	749	789	631	682	935	874	957	622	691	627	679	788	774	740	1,165	1,402	1,261	1,268	1,109	1,182	1,110	1,323	1,310
Expenses	283	253	263	263	242	228	252	174	270	233	310	403	445	618	667	253	442	466	462	399	681	301	244	305	313	387	327	343	382	549	524	465	460	363	459	424	428	448
EBITDA	172	238	333	317	220	250	327	338	347	274	248	271	193	-14	35	497	347	165	220	536	193	656	377	386	313	292	461	431	358	616	878	796	808	746	723	686	895	862
Operating Profit %	38 %	46 %	51 %	48 %	44 %	43 %	39 %	55 %	41 %	49 %	30 %	30 %	19 %	-6 %	-17 %	66 %	42 %	21 %	24 %	54 %	16 %	67 %	59 %	48 %	46 %	38 %	55 %	55 %	47 %	53 %	58 %	62 %	62 %	65 %	53 %	57 %	63 %	61 %
Depreciation	79	66	70	69	83	82	93	95	104	116	121	135	120	127	128	131	123	124	127	121	105	116	109	111	103	115	118	117	86	114	115	117	104	113	119	125	98	127
Interest	45	44	48	46	45	52	58	66	71	79	87	80	83	92	93	92	84	80	86	73	79	61	44	59	63	74	62	60	81	71	67	64	57	49	53	50	45	44
Profit Before Tax	48	128	215	202	92	115	176	177	173	79	41	56	-9	-233	-186	273	140	-39	8	342	9	479	224	215	148	103	282	254	192	430	697	615	646	583	551	511	752	691
Tax	-4	5	-5	1	18	12	6	5	18	7	-5	1	4	0	0	9	4	11	3	3	9	5	9	7	4	9	6	6	5	4	6	8	11	20	12	15	15	16
Net Profit	52	123	220	201	74	104	171	172	155	72	46	55	-13	-233	-186	264	136	-50	5	339	-13	465	216	204	144	99	273	253	186	428	688	604	632	566	536	488	727	668
EPS in ₹	3.48	8.14	14.62	13.34	4.90	6.87	11.31	11.40	10.30	4.80	3.07	3.65	-0.89	-15.44	-12.35	17.51	8.99	-3.33	0.32	22.98	-0.85	31.66	14.69	13.91	9.83	6.75	18.59	17.20	12.86	30.00	48.16	42.28	44.29	39.67	37.51	34.17	50.90	46.81

Show % Change

Above figures are in Rs. Crores

Balance Sheet

Balance Sheet	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	9,336	8,855	10,748	10,538	10,341	10,006	10,845	10,969	12,026	13,612
Fixed Assets	4,258	3,666	5,594	5,542	5,536	5,196	5,369	5,427	5,149	5,211
Current Assets	3,148	3,179	3,365	3,131	2,848	2,912	3,639	3,738	5,009	6,390
Capital Work in Progress	226	328	22	8	13	109	24	24	27	38
Investments	1,150	2,564	2,543	2,436	2,156	2,557	2,977	2,706	2,958	3,316
Other Assets	3,702	2,297	2,588	2,551	2,636	2,144	2,475	2,812	3,893	5,047
Total Liabilities	4,405	4,235	5,586	5,312	5,275	4,939	4,747	4,397	3,506	3,265
Current Liabilities	1,812	1,604	1,810	1,197	1,580	850	1,056	1,119	983	1,161
Non Current Liabilities	2,593	2,631	3,776	4,116	3,695	4,089	3,690	3,278	2,523	2,105
Total Equity	4,931	4,620	5,162	5,225	5,066	5,067	6,098	6,571	8,520	10,346
Reserve & Surplus	4,780	4,469	5,011	5,075	4,915	4,920	5,951	6,429	8,377	10,204
Share Capital	151	151	151	151	151	147	147	143	143	143

Show % Change

Above figures are in Rs. Crores

Cash Flow

Cash Flow	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Cash Flow	378	-70	458	-429	476	428	265	-351	1,201	512
Investing Activities	498	-324	-1,545	-316	504	696	-977	-521	125	-887
Operating Activities	530	1,057	719	524	674	1,142	1,344	1,153	2,699	2,372
Financing Activities	-650	-804	1,284	-638	-701	-1,411	-102	-983	-1,623	-973

Show % Change

Above figures are in Rs. Crores

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
Promoter	29.22 %	29.22 %	29.22 %	29.22 %	30.06 %	30.07 %	30.07 %	30.07 %	30.07 %	30.07 %	30.07 %	30.07 %	30.07 %	30.07 %
FIIs	18.66 %	21.56 %	19.58 %	20.64 %	21.94 %	22.06 %	23.90 %	25.06 %	25.92 %	26.17 %	27.28 %	26.74 %	27.39 %	24.48 %
DIIs	25.13 %	21.76 %	23.95 %	21.82 %	20.36 %	20.65 %	18.61 %	17.15 %	17.06 %	16.68 %	15.92 %	16.42 %	16.63 %	17.40 %
Government	0.01 %	0.01 %	0.01 %	0.01 %	0.01 %	0.01 %	0.01 %	0.01 %	0.01 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %
Public / Retail	26.98 %	27.46 %	27.25 %	28.31 %	27.63 %	27.22 %	27.41 %	27.71 %	26.94 %	27.08 %	26.72 %	26.77 %	25.90 %	28.05 %

Show % Change

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
Great Eastern Shipping Company	1,206.85	17,914.42	6.29	5,918.70	-4.09	2,614	40.90	31.77
Shipping Corporation of India	239.95	11,416.76	14.29	5,262.06	-10.92	679	-19.12	33.64
Essar Shipping	39.01	840.94	-	82.61	-49.81	-104	-232.15	29.72
Shreyas Shipping & Logistics	311.40	658.58	-	328.21	-34.75	-51	50.38	42.59
ABS Marine Services	255.50	643.09	26.46	138.02	21.27	25	-	33.65
Sadhav Shipping	174.65	252.39	27.18	84.70	7.35	9	-57.83	29.62
Arvind & Company Shipping Agencies	119.85	132.00	25.06	8.41	153.77	3	-	91.23