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Essar Shipping Ltd share price logo

Essar Shipping Ltd

(ESSARSHPNG)

₹37.822.53%

as on 04:01PM, 05 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Essar Shipping Ltd Performance

  • Day's Low

    Day's High

    ₹36.86
    ₹38.3
  • 52 Week's Low

    52 Week's High

    ₹14.25
    ₹71.54
1 Month Return-3.27 %
3 Month Return-19.67 %
1 Year Return+ 157.81 %
Previous Close₹38.80
Open₹38.29
Volume1.32L
Upper Circuit-
Lower Circuit-
Market Cap₹803.07Cr

Essar Shipping Ltd Key Statistics

P/E Ratio-4.87
PEG Ratio0.05
Market Cap₹803.07 Cr
P/B Ratio-0.26
EPS-5.04
Dividend Yield0
SectorShipping
ROE0

Essar Shipping Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹803.07 Cr83.47%4.21-₹105 Cr₹20 Cr
BUY₹18,466.22 Cr68.34%0.60₹2,614 Cr₹5,255 Cr
NA₹227.32 Cr44.43%0.66NANA
NA₹576.07 Cr-3.2%0.56₹25 Cr₹135 Cr
NA₹103.27 Cr108.98%0.55-₹2 Cr₹35 Cr

About Essar Shipping Ltd

Essar Shipping Ltd is a leading global shipping and logistics company incorporated in the year 1998. It has its headquarter in Mumbai, India and operates in four major lines of business, namely Shipping, Logistics, Offshore, and Oil and Gas.

Essar Shipping Ltd is involved in the transportation of crude oil, petroleum products, dry bulk, and container cargo. It has a fleet of over 40 vessels, including product tankers, bulk carriers, and container vessels. The company also offers a range of logistics services, including port and terminal management, ship management, freight forwarding, and supply chain solutions.

The company's top products include crude oil, petroleum products, dry bulk cargo, and containers. Its popular brands include Essar Bulk, Essar Tankers, and Essar Logistics. Essar Shipping Ltd also owns and operates oil and gas production assets, including oil and gas fields, and a gas-fired power plant. It has operations in India, the Middle East, Africa, Europe, and the Americas.

Share Price: ₹37.82 per share as on 05 Nov, 2024 04:01 PM
Market Capitalisation: ₹803.07Cr as of today
Revenue: ₹2.54Cr as on June 2024 (Q2 24)
Net Profit: ₹-34.53Cr as on June 2024 (Q2 24)
Listing date: 15 Nov, 2011
Chairperson Name: N Srinivasan
OrganisationEssar Shipping Ltd
HeadquartersMumbai
IndustryShipping
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Key events for Essar Shipping Ltd

  • Essar Shipping Reports Q1 Loss Amid Declining Income - 08 Aug, 2024

    Essar Shipping reported a consolidated net loss of Rs 34.53 crore for Q1 June 2024, down from a profit of Rs 26.13 crore a year ago. Total income fell to Rs 11.57 crore from Rs 48.48 crore, while expenses rose to Rs 40.56 crore. Current liabilities exceed current assets, raising concerns about financial stability.

  • Shipping Industry Boost Expected in Union Budget 2024-25 - 11 Jul, 2024

    Sources suggest that the shipping industry is likely to receive a boost in the upcoming Union Budget, which could benefit shipbuilding companies like Essar Shipping. Over the past year, Essar Shipping has generated multibagger returns of 349%.

Insights on Essar Shipping Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, ESSARSHPNG has outperformed top 5 stocks with highest market-cap in Marine Freight & Logistics

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, ESSARSHPNG has outperformed top 5 stocks with highest market-cap in Marine Freight & Logistics

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, ESSARSHPNG stock has moved up by 14.6%

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, -64.4 Cr → -34.94 Cr (in ₹), with an average increase of 84.3% per quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 73.75% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Retail Holding Unchanged

    img

    Retail Investor holdings remained unchanged at 26.22% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 69.37 Cr → 56.54 Cr (in ₹), with an average decrease of 18.5% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 0.01% to 0.00% in Sep 2024 quarter

Essar Shipping Ltd Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹10.89Cr (-)₹4.23Cr (↓61.16%)₹2.58Cr (↓39.01%)₹2.54Cr (↓1.55%)₹2.54Cr (-)
Net Income₹26.13Cr (-)-₹35.91Cr (↓237.43%)-₹41.35Cr (↑15.15%)-₹53.19Cr (↑28.63%)-₹34.53Cr (↓35.08%)
Net Profit Margin239.94% (-)-848.94% (↓453.81%)-1,602.71% (↑88.79%)-2,094.09% (↑30.66%)-1,359.45% (↓35.08%)
Value in ₹ crore
Details2021202220232024
Total Assets₹1,477.16Cr (-)₹401.29Cr (↓72.83%)₹381.53Cr (↓4.92%)₹326.38Cr (↓14.45%)
Total Liabilities₹4,523.76Cr (-)₹3,697.63Cr (↓18.26%)₹1,985.00Cr (↓46.32%)₹2,000.62Cr (↑0.79%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹154.70Cr (-)₹104.23Cr (↓32.62%)-₹16.38Cr (↓115.72%)₹84.33Cr (↓614.84%)-₹70.02Cr (↓183.03%)
0

Essar Shipping Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
73.75%
0.00
Foreign Institutions
0%
-65.52
Mutual Funds
0.01%
0.00
Retail Investors
26.22%
0.02
Others
0.01%
4.07

Essar Shipping Ltd Key Indicators

Details20202021202220232024
Return On Assets %-105.93-42-19.56432.52-36.18
Details20202021202220232024
Book Value Per Share (₹)-203.95-232.54-237.4-132.48-135.63
Details20202021202220232024
Earning Per Share (₹)-81.5-29.98-3.9179.73-5.04
Details2023
Return On Equity %-4.79

Essar Shipping Ltd Valuation

Essar Shipping Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-11.52x)

June 20, 2024

Today (-4.87x)

November 4, 2024

Industry (13.76x)

November 4, 2024

Highest (2.33x)

January 2, 2024

LowHigh

Essar Shipping Ltd Earnings and Dividends

  • Essar Shipping Ltd Earnings Results

    Essar Shipping Ltd’s net profit fell -234.08% since last year same period to ₹-34.94Cr in the Q1 2024-2025. On a quarterly growth basis, Essar Shipping Ltd has generated 45.75% jump in its net profits since last 3-months.

    Read More about Earnings Results

Essar Shipping Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Essar Shipping Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Essar Shipping Ltd (ESSARSHPNG) share price today is ₹37.82

Essar Shipping Ltd is listed on NSE

Essar Shipping Ltd is listed on BSE

  • Today’s highest price of Essar Shipping Ltd is ₹38.3.
  • Today’s lowest price of Essar Shipping Ltd is ₹36.86.

PE Ratio of Essar Shipping Ltd is -4.87

PE ratio = Essar Shipping Ltd Market price per share / Essar Shipping Ltd Earnings per share

Today’s traded volume of Essar Shipping Ltd(ESSARSHPNG) is 1.32L.

Today’s market capitalisation of Essar Shipping Ltd(ESSARSHPNG) is ₹803.07Cr.

Essar Shipping Ltd(ESSARSHPNGPrice
52 Week High
₹71.54
52 Week Low
₹14.25

Essar Shipping Ltd(ESSARSHPNG) share price is ₹37.82. It is down -47.13% from its 52 Week High price of ₹71.54

Essar Shipping Ltd(ESSARSHPNG) share price is ₹37.82. It is up 165.40% from its 52 Week Low price of ₹14.25

Essar Shipping Ltd(ESSARSHPNGReturns
1 Day Returns
-0.98%
1 Month Returns
-3.27%
3 Month Returns
-19.67%
1 Year Returns
157.81%