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Great Eastern Shipping Company Ltd share price logo

Great Eastern Shipping Company Ltd

(GESHIP)

₹993.33.06%

as on 04:01PM, 20 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Great Eastern Shipping Company Ltd Analyst Rating

based on 2 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 2 analysts offering long term price targets for Great Eastern Shipping Company Ltd. An average target of ₹1549.5

Source: S&P Global Market Intelligence

Great Eastern Shipping Company Ltd Share analysis

Great Eastern Shipping Company Ltd price forecast by 2 analysts

Upside of51.22%

High

₹1558

Target

₹1549.50

Low

₹1541

Great Eastern Shipping Company Ltd target price ₹1549.5, a slight upside of 51.22% compared to current price of ₹993.3. According to 2 analysts rating.

Source: S&P Global Market Intelligence

Great Eastern Shipping Company Ltd Performance

  • Day's Low

    Day's High

    ₹972
    Day's Price Range
    ₹1,030
  • 52 Week's Low

    52 Week's High

    ₹890
    52-Week Price Range
    ₹1,543.7
1 Month Return-4.67 %
3 Month Return-17.31 %
1 Year Return+ 2.7 %
Previous Close₹1,024.65
Open₹1,030.00
Volume3.36L
Upper Circuit-
Lower Circuit-
Market Cap₹14,699.31Cr

Great Eastern Shipping Company Ltd Key Statistics

P/E Ratio5.17
PEG Ratio0.24
Market Cap₹14,699.31 Cr
P/B Ratio1.38
EPS183.1
Dividend Yield3.63
SectorShipping
ROE22.1

Great Eastern Shipping Company Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹14,699.31 Cr49.24%0.60₹2,614 Cr₹5,255 Cr
HOLD₹9,277.70 Cr24.8%0.53₹342 Cr₹988 Cr
BUY₹2,61,387.61 Cr45.69%0.81₹8,103 Cr₹26,710 Cr

About Great Eastern Shipping Company Ltd

Great Eastern Shipping Company Ltd was incorporated in June 1919 and is India's largest private sector shipping company. Great Eastern Shipping Company Ltd operates in various lines of business including crude oil and product tankers, offshore, dry bulk carriers, and container vessels. The company also offers vessel management services and other related services.

Great Eastern Shipping Company Ltd's top products include crude oil and product tankers, offshore vessels, dry bulk carriers, and container vessels. The company's popular brands are GE Shipping, Greatship, and Great Offshore. The company's vessels are also equipped with modern technology and safety features to ensure safe and efficient operations. The company has a fleet of over 80 vessels and is one of the leading players in the global shipping industry.

Share Price: ₹993.30 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹14,699.31Cr as of today
Revenue: ₹1,354.40Cr as on September 2024 (Q3 24)
Net Profit: ₹575.57Cr as on September 2024 (Q3 24)
Listing date: 03 Nov, 1994
Chairperson Name: K M Sheth
OrganisationGreat Eastern Shipping Company Ltd
Headquarters
IndustryShipping
E-voting on sharesClick here to vote

Key events for Great Eastern Shipping Company Ltd

  • Great Eastern Shipping Faces Weaker Tanker Freight Rates - 18 Dec, 2024

    Great Eastern Shipping reports weaker-than-expected tanker freight rates due to poor refining margins and low oil demand. Rates for product tankers have dropped significantly, with a year-on-year decline of about $10,000 per day. Despite challenges, the company has seen a 12% rise in shares over the past year.
  • Great Eastern Shipping Delivers Product Tanker Jag Padma - 13 Dec, 2024

    Great Eastern Shipping Company has successfully delivered its 2005-built Medium Range product tanker, Jag Padma, as part of its fleet optimization strategy. The fleet now consists of 39 vessels.
  • GE Shipping Faces Near-Term Challenges Amid Sluggish Market - 21 Nov, 2024

    Great Eastern Shipping's near-term performance may be impacted by sluggish market conditions, despite a 10.2% revenue increase and a 29% rise in net profit for Q2 FY2024. CFO G Shivakumar noted that weak freight markets could affect financials, although winter season prospects remain hopeful.

Insights on Great Eastern Shipping Company 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, GESHIP has outperformed top 5 stocks with highest market-cap in Oil & Gas Transportation Services

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 28.05% to 29.59% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 24.48% to 24.61% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Aegis Logistics Ltd has given 107.5% return, outperforming this stock by 102.7%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 30.07% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, GESHIP stock has moved down by -5.1%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 905.08 Cr → 575.57 Cr (in ₹), with an average decrease of 19.7% per quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 3 quarters, 1.72K Cr → 1.57K Cr (in ₹), with an average decrease of 4.3% per quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 16.16% to 15.08% in Sep 2024 quarter

Great Eastern Shipping Company Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹1,229.02Cr (-)₹1,245.13Cr (↑1.31%)₹1,497.33Cr (↑20.25%)₹1,508.23Cr (↑0.73%)₹1,354.40Cr (↓10.20%)
Net Income₹594.66Cr (-)₹538.17Cr (↓9.50%)₹905.08Cr (↑68.18%)₹811.94Cr (↓10.29%)₹575.57Cr (↓29.11%)
Net Profit Margin48.38% (-)43.22% (↓10.67%)60.45% (↑39.87%)53.83% (↓10.95%)42.50% (↓21.05%)
Value in ₹ crore
Details2021202220232024
Total Assets₹10,844.52Cr (-)₹10,968.51Cr (↑1.14%)₹12,026.31Cr (↑9.64%)₹13,611.70Cr (↑13.18%)
Total Liabilities₹4,746.53Cr (-)₹4,397.08Cr (↓7.36%)₹3,506.06Cr (↓20.26%)₹3,265.29Cr (↓6.87%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹1,142.16Cr (-)₹1,344.49Cr (↑17.71%)₹1,153.10Cr (↓14.24%)₹2,699.04Cr (↑134.07%)₹2,371.68Cr (↓12.13%)

Index Inclusions

Nifty Small 100

₹18,714.30

-2.19 (-418.8%)

S&P BSE SmallCap Select

₹8,057.22

-2.18 (-179.75%)

Nifty Smallcap 50

₹8,925.85

-2.75 (-252.6%)

S&P BSE Infra.

₹606.32

-2.35 (-14.57%)

BSE 500

₹35,082.25

-1.9 (-680.42%)

Nifty 500

₹22,319.40

-1.9 (-432.75%)

Nifty Smallcap 250

₹17,693.65

-2.01 (-363.55%)

S&P BSE 400 MidSmallCap

₹12,101.72

-2.24 (-276.79%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

S&P BSE 250 SmallCap

₹7,054.81

-2.03 (-146.24%)

BSE Small-Cap

₹55,149.22

-2.11 (-1188.47%)

Nifty MidSmallcap 400

₹19,899.40

-2.27 (-461.95%)

Great Eastern Shipping Company Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
30.07%
0.00
Foreign Institutions
24.61%
0.52
Mutual Funds
15.08%
-6.68
Retail Investors
29.59%
5.51
Others
0.65%
-47.77

Great Eastern Shipping Company Ltd Key Indicators

Details20202021202220232024
Book Value Per Share (₹)462.38524.21563.94719.71868.35
Details20202021202220232024
Earning Per Share (₹)14.0962.544.1180.36183.1
Details20202021202220232024
Return On Equity %3.4618.4512.8131.1722.1
Details20202021202220232024
Return On Assets %2.078.475.7421.4119.21

Great Eastern Shipping Company Ltd Valuation

Great Eastern Shipping Company Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-214.75x)

April 10, 2019

Today (5.17x)

December 19, 2024

Industry (12.30x)

December 19, 2024

Highest (39.56x)

January 22, 2018

LowHigh

Great Eastern Shipping Company Ltd Earnings and Dividends

  • Great Eastern Shipping Company Ltd Earnings Results

    Great Eastern Shipping Company Ltd’s net profit fell -3.21% since last year same period to ₹575.57Cr in the Q2 2024-2025. On a quarterly growth basis, Great Eastern Shipping Company Ltd has generated -29.11% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Great Eastern Shipping Company Ltd Dividends November,2024

    In the quarter ending September 2024, Great Eastern Shipping Company Ltd has declared dividend of ₹7.20 - translating a dividend yield of 3.35%.

    Read More about Dividends

Great Eastern Shipping Company Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Great Eastern Shipping Company Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Great Eastern Shipping Company Ltd (GESHIP) share price today is ₹993.3

Great Eastern Shipping Company Ltd is listed on NSE

Great Eastern Shipping Company Ltd is listed on BSE

  • Today’s highest price of Great Eastern Shipping Company Ltd is ₹1030.
  • Today’s lowest price of Great Eastern Shipping Company Ltd is ₹972.

PE Ratio of Great Eastern Shipping Company Ltd is 5.17

PE ratio = Great Eastern Shipping Company Ltd Market price per share / Great Eastern Shipping Company Ltd Earnings per share

Today’s traded volume of Great Eastern Shipping Company Ltd(GESHIP) is 3.36L.

Today’s market capitalisation of Great Eastern Shipping Company Ltd(GESHIP) is ₹14699.31Cr.

Great Eastern Shipping Company Ltd(GESHIPPrice
52 Week High
₹1543.7
52 Week Low
₹890

Great Eastern Shipping Company Ltd(GESHIP) share price is ₹993.3. It is down -35.65% from its 52 Week High price of ₹1543.7

Great Eastern Shipping Company Ltd(GESHIP) share price is ₹993.3. It is up 11.61% from its 52 Week Low price of ₹890

Great Eastern Shipping Company Ltd(GESHIPReturns
1 Day Returns
-31.35%
1 Month Returns
-4.67%
3 Month Returns
-17.31%
1 Year Returns
2.7%