The Great Eastern Shipping Company Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Strong return on equity (ROE 15.9%)
- Efficient capital deployment (ROCE 15.8%)
- Attractively valued vs sector (P/E 5.2x vs industry 42.9x)
- Virtually debt-free
- Regular dividends — yield 2.6%
Concerns
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| ADANIPORTS Adani Ports and Special Economic Zone Limited | ₹1,707 | ₹3.9L Cr | 29.6 | 4.1 | 16.4 | 14.1 | 0.85 |
| INDIGO InterGlobe Aviation Limited | ₹4,977 | ₹1.9L Cr | 37.4 | 27.65 | -27.1 | 5.24 | 8.67 |
| GMRAIRPORT GMR AIRPORTS LIMITED | ₹97 | ₹1.0L Cr | 183 | -37.48 | — | 11.6 | -15.17 |
| JSWINFRA JSW Infrastructure Limited | ₹344 +1.10% | ₹78K Cr | 50 | 6.64 | 15.3 | 13.6 | 0.52 |
| CONCOR Container Corporation of India Limited | ₹508 | ₹39K Cr | 31.2 | 2.99 | 9.81 | 12.4 | 0.07 |
| DELHIVERY Delhivery Limited | ₹458 | ₹34K Cr | 288 | 3.55 | -0.21 | 1.01 | 0.17 |
| REDINGTON Redington Limited | ₹353 −3.41% | ₹29K Cr | 16.1 | 1.84 | 16.9 | 18.4 | 0.27 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
GESHIP · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 30.08% | 30.08% | 30.08% | 30.08% | 30.08% | 30.08% |
| FII | 26.75% | 27.41% | 24.51% | 24.64% | 25.04% | 25.44% |
| DII | 16.39% | 16.60% | 17.36% | 15.68% | 15.21% | 14.90% |
| Public | 26.76% | 25.91% | 28.05% | 29.59% | 29.65% | 29.57% |
Corporate Events
To consider a proposal for buyback for equity shares
Interim Dividend - Rs 14.40 Per Share
To consider and approve the Unaudited financial results (Provisional) for the quarter ended June 30, 2026 and declaration of interim dividend for FY 2026-27, if any.
Interim Dividend - Rs 11.70 Per Share
Interim Dividend - Rs 9 Per Share
Interim Dividend - Rs 7.20 Per Share
Interim Dividend - Rs 7.20 Per Share
Interim Dividend - Rs 5.40 Per Share
Interim Dividend - Rs 8.10 Per Share
Interim Dividend - Rs 7.20 Per Share
Record: 19 Nov 2024
Latest News
All newsGreat Eastern Shipping reports **$140M** profit, declares **₹15/share** dividend
*Great Eastern Shipping reports **$140M** profit, declares **₹15/share** dividend.* Chairman’s speech at 78th AGM highlights strong performance in maritime and offshore sectors. Company proposes final dividend of **₹15 per share**. Operational updates suggest stable outlook despite global headwinds. 📊 *STOCKS:* $GESHIP | 🏢 *SECTOR:* Shipping | #MEDIUMIMPACT #Dividend
GE Shipping to sell 2009-built tanker Jag Lokesh
*GE Shipping to sell 2009-built tanker Jag Lokesh* — The company announced a contract to sell its Long Range 2 tanker, Jag Lokesh, built in 2009. The vessel sale is part of its fleet optimization strategy. Financial terms were not disclosed. 📊 *STOCKS:* GESHIP | 🏢 *SECTOR:* Shipping | #MEDIUMIMPACT #Shipping
GE Shipping to buy secondhand LR2 tanker
*GE Shipping to buy secondhand LR2 tanker* — The company announced it has contracted to purchase a secondhand Long Range 2 tanker. This acquisition aims to expand its tanker fleet amid rising global shipping demand. The vessel is expected to contribute to revenue from current market rates. 📊 *STOCKS:* GESHIP | 🏢 *SECTOR:* Shipping | #MEDIUMIMPACT #Shipping
Great Eastern Shipping announces public filing update
*Great Eastern Shipping announces public filing update.* The company has informed about the date for making a public announcement as part of regulatory requirements. Details of the announcement are awaited, but no financial or operational impact is indicated yet. Investors await further clarity from the official disclosure. 📊 *STOCKS:* $GESHIP | 🏢 *SECTOR:* Shipping | #LOWIMPACT #CorporateUpdate
Great Eastern Shipping to host investor meet
*The Great Eastern Shipping Company Limited to host an analyst and institutional investor meet.* The event is scheduled as per a recent NSE corporate filing. Details on business outlook and operational updates may be shared. **No financial figures or major announcements** were disclosed in the notice. 📊 *STOCKS:* $GESHIP | 🏢 *SECTOR:* Shipping | #LOWIMPACT #InvestorMeet
Great Eastern Shipping announces general updates via NSE filing
*Great Eastern Shipping announces general updates via NSE filing.* No specific financial or operational details disclosed. Event categorized as routine corporate communication. Impact likely minimal on near-term price action. 📊 *STOCKS:* GESHIP | 🏢 *SECTOR:* Shipping | #LOWIMPACT #CorporateUpdate
Great Eastern Shipping hosts analyst and investor meet.
*Great Eastern Shipping hosts analyst and investor meet.* The company provided updates during its recent investor interaction, discussing operational performance and market outlook. No major financial announcements or guidance changes were disclosed. The session aimed to enhance investor engagement and transparency. 📊 *STOCKS:* GESHIP | 🏢 *SECTOR:* Shipping | #LOWIMPACT #AnalystMeet
Great Eastern Shipping releases investor presentation
*The Great Eastern Shipping Company Limited has released an investor presentation.* This document provides an overview of the company’s operations and strategic direction. No financial figures or major announcements were highlighted. It appears to be a routine update for stakeholders. 📊 *STOCKS:* $GESHIP | 🏢 *SECTOR:* Shipping | #LOWIMPACT #InvestorPresentation
Great Eastern Shipping to host analyst meet
*Great Eastern Shipping to host analyst meet.* The company has announced an upcoming analyst and institutional investor call. Details on agenda or financial updates were not disclosed. Event scheduled per NSE corporate filing. 📊 *STOCKS:* $GESHIP | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #AnalystMeet
Great Eastern Shipping to send AGM and annual report link
*The Great Eastern Shipping Company to send a letter to members with a weblink for accessing the annual report and AGM notice.* This is a routine corporate communication ahead of the annual general meeting. No financial or operational updates were provided. Shareholders will receive digital access to key documents. 📊 *STOCKS:* GESHIP | 🏢 *SECTOR:* Shipping | #LOWIMPACT #AGM
Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.5K Cr 3.9% | ₹1.5K Cr 17.1% | ₹1.2K Cr 3.4% | ₹1.2K Cr 1.8% | ₹1.2K Cr 1.1% | ₹1.2K Cr 8.6% | ₹1.4K Cr 10.2% | ₹1.5K Cr |
| Op. Profit | ₹941 Cr 12.6% | ₹836 Cr 14.8% | ₹728 Cr 13.2% | ₹643 Cr 28.1% | ₹502 Cr 17.8% | ₹611 Cr 6.6% | ₹654 Cr 28.2% | ₹911 Cr |
| OPM | 62.0% 8.8% | 57.0% 3.4% | 59.0% 9.3% | 54.0% 31.7% | 41.0% 16.3% | 49.0% 2.1% | 48.0% 20.0% | 60.0% |
| Net Profit | ₹1.0K Cr 28.4% | ₹813 Cr 39.9% | ₹581 Cr 15.3% | ₹504 Cr 38.8% | ₹363 Cr 38.9% | ₹594 Cr 3.1% | ₹576 Cr 29.1% | ₹812 Cr |
| EPS (₹) | 73.13 28.5% | 56.91 39.8% | 40.72 15.2% | 35.34 39.0% | 25.43 38.8% | 41.58 3.1% | 40.32 29.1% | 56.87 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹5.4K Cr 1.6% | ₹5.3K Cr 1.3% | ₹5.3K Cr 7.6% | ₹5.7K Cr 62.2% | ₹3.5K Cr 5.2% | ₹3.3K Cr 9.5% | ₹3.7K Cr 3.9% | ₹3.5K Cr 16.8% | ₹3.0K Cr 2.5% | ₹3.1K Cr |
| Expenses | ₹2.3K Cr 14.6% | ₹2.6K Cr 18.4% | ₹2.2K Cr 12.8% | ₹2.6K Cr 30.2% | ₹2.0K Cr 17.0% | ₹1.7K Cr 31.9% | ₹2.5K Cr 0.4% | ₹2.5K Cr 34.9% | ₹1.8K Cr 9.0% | ₹1.7K Cr |
| Op. Profit | ₹3.1K Cr 17.6% | ₹2.7K Cr 11.4% | ₹3.0K Cr 3.4% | ₹3.1K Cr 103.1% | ₹1.5K Cr 6.8% | ₹1.7K Cr 35.8% | ₹1.2K Cr 14.1% | ₹1.1K Cr 11.1% | ₹1.2K Cr 16.1% | ₹1.4K Cr |
| OPM | 58.0% 16.0% | 50.0% 13.8% | 58.0% 5.5% | 55.0% 25.0% | 44.0% 12.0% | 50.0% 51.5% | 33.0% 10.0% | 30.0% 25.0% | 40.0% 13.0% | 46.0% |
| Other Income | ₹903 Cr 8.3% | ₹834 Cr 25.6% | ₹664 Cr 38.0% | ₹481 Cr 225.0% | ₹148 Cr 36.2% | ₹232 Cr 10.0% | ₹211 Cr 21.6% | ₹269 Cr 163.7% | ₹102 Cr 79.8% | ₹506 Cr |
| Interest | ₹136 Cr 42.4% | ₹236 Cr 10.9% | ₹265 Cr 22.7% | ₹343 Cr 7.3% | ₹370 Cr 52.9% | ₹242 Cr 46.2% | ₹450 Cr 13.6% | ₹521 Cr 14.5% | ₹455 Cr 20.4% | ₹378 Cr |
| Depreciation | ₹889 Cr 9.3% | ₹813 Cr 12.0% | ₹726 Cr 2.0% | ₹712 Cr 2.0% | ₹698 Cr 0.3% | ₹700 Cr 5.8% | ₹743 Cr 3.9% | ₹773 Cr 0.5% | ₹769 Cr 13.4% | ₹678 Cr |
| PBT | ₹3.0K Cr 22.9% | ₹2.5K Cr 8.6% | ₹2.7K Cr 5.5% | ₹2.6K Cr 311.9% | ₹620 Cr 34.3% | ₹943 Cr 301.3% | ₹235 Cr 459.5% | ₹42 Cr 46.8% | ₹79 Cr 91.0% | ₹882 Cr |
| Tax % | 3.0% 40.0% | 5.0% 66.7% | 3.0% 400.0% | -1.0% 50.0% | -2.0% 166.7% | 3.0% 75.0% | 12.0% 92.1% | 151.0% 58.9% | 367.0% 2521.4% | 14.0% |
| Net Profit | ₹2.9K Cr 25.6% | ₹2.3K Cr 10.3% | ₹2.6K Cr 1.5% | ₹2.6K Cr 308.7% | ₹630 Cr 31.4% | ₹919 Cr 344.0% | ₹207 Cr 1085.7% | ₹-21 Cr 90.0% | ₹-210 Cr 127.8% | ₹755 Cr |
| EPS (₹) | 206.11 25.5% | 164.2 10.3% | 183.11 1.5% | 180.36 309.1% | 44.09 29.5% | 62.5 343.6% | 14.09 1092.3% | -1.42 89.8% | -13.96 127.9% | 50.07 |
| Div Payout | 17.0% 5.6% | 18.0% 10.0% | 20.0% 25.0% | 16.0% 27.3% | 22.0% 57.1% | 14.0% 75.4% | 57.0% 115.0% | -380.0% 630.8% | -52.0% 360.0% | 20.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹143 Cr 0.0% | ₹143 Cr 0.0% | ₹143 Cr 0.0% | ₹143 Cr 0.0% | ₹143 Cr 2.7% | ₹147 Cr 0.0% | ₹147 Cr 2.6% | ₹151 Cr 0.0% | ₹151 Cr 0.0% | ₹151 Cr |
| Reserves | ₹16.8K Cr 19.2% | ₹14.1K Cr 15.2% | ₹12.3K Cr 20.9% | ₹10.1K Cr 28.1% | ₹7.9K Cr 4.7% | ₹7.6K Cr 13.7% | ₹6.6K Cr 0.2% | ₹6.7K Cr 1.7% | ₹6.8K Cr 4.2% | ₹7.1K Cr |
| Borrowings | ₹1.1K Cr 49.7% | ₹2.2K Cr 29.0% | ₹3.0K Cr 16.5% | ₹3.6K Cr 21.6% | ₹4.7K Cr 7.8% | ₹5.0K Cr 4.7% | ₹5.3K Cr 11.7% | ₹6.0K Cr 3.4% | ₹6.2K Cr 8.8% | ₹6.8K Cr |
| Other Liabilities | ₹1.4K Cr 14.4% | ₹1.2K Cr 9.5% | ₹1.4K Cr 6.1% | ₹1.3K Cr 1.7% | ₹1.3K Cr 9.5% | ₹1.4K Cr 20.0% | ₹1.7K Cr 11.5% | ₹1.6K Cr 2.6% | ₹1.5K Cr 11.7% | ₹1.4K Cr |
| Total Liabilities | ₹19.5K Cr 10.2% | ₹17.7K Cr 5.0% | ₹16.8K Cr 10.5% | ₹15.2K Cr 8.9% | ₹14.0K Cr 1.2% | ₹14.1K Cr 2.3% | ₹13.8K Cr 3.7% | ₹14.4K Cr 2.0% | ₹14.7K Cr 4.8% | ₹15.4K Cr |
Assets | ||||||||||
| Fixed Assets | ₹9.3K Cr 13.2% | ₹8.2K Cr 1.0% | ₹8.3K Cr 1.4% | ₹8.4K Cr 4.8% | ₹8.9K Cr 1.8% | ₹9.0K Cr 0.9% | ₹9.1K Cr 5.1% | ₹9.6K Cr 2.0% | ₹9.8K Cr 4.8% | ₹10.3K Cr |
| CWIP | ₹46 Cr 119.0% | ₹21 Cr 64.4% | ₹59 Cr 68.6% | ₹35 Cr 45.8% | ₹24 Cr 0.0% | ₹24 Cr 80.5% | ₹123 Cr 778.6% | ₹14 Cr 7.7% | ₹13 Cr 40.9% | ₹22 Cr |
| Investments | ₹2.4K Cr 4.5% | ₹2.3K Cr 16.2% | ₹2.0K Cr 30.5% | ₹1.5K Cr 30.5% | ₹1.2K Cr 14.3% | ₹1.4K Cr 40.2% | ₹963 Cr 60.2% | ₹601 Cr 29.8% | ₹856 Cr 2.2% | ₹875 Cr |
| Other Assets | ₹7.7K Cr 8.2% | ₹7.1K Cr 10.1% | ₹6.5K Cr 23.7% | ₹5.2K Cr 33.4% | ₹3.9K Cr 4.9% | ₹3.7K Cr 2.9% | ₹3.6K Cr 12.4% | ₹4.1K Cr 3.8% | ₹4.0K Cr 5.1% | ₹4.2K Cr |
| Total Assets | ₹19.5K Cr 10.2% | ₹17.7K Cr 5.0% | ₹16.8K Cr 10.5% | ₹15.2K Cr 8.9% | ₹14.0K Cr 1.2% | ₹14.1K Cr 2.3% | ₹13.8K Cr 3.7% | ₹14.4K Cr 2.0% | ₹14.7K Cr 4.8% | ₹15.4K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹2.9K Cr 7.8% | ₹2.6K Cr 5.7% | ₹2.8K Cr 5.6% | ₹3.0K Cr 124.9% | ₹1.3K Cr 13.8% | ₹1.5K Cr 3.6% | ₹1.5K Cr 35.1% | ₹1.1K Cr 13.1% | ₹969 Cr 36.3% | ₹1.5K Cr |
| Investing CF | ₹-860 Cr 481.1% | ₹-148 Cr 82.9% | ₹-868 Cr 2325.6% | ₹39 Cr 111.6% | ₹-337 Cr 61.8% | ₹-882 Cr 241.8% | ₹622 Cr 45.0% | ₹429 Cr 204.1% | ₹-412 Cr 73.4% | ₹-1.5K Cr |
| Financing CF | ₹-1.8K Cr 5.6% | ₹-1.7K Cr 25.9% | ₹-1.3K Cr 29.7% | ₹-1.9K Cr 59.2% | ₹-1.2K Cr 135.4% | ₹-505 Cr 73.0% | ₹-1.9K Cr 83.5% | ₹-1.0K Cr 11.9% | ₹-1.2K Cr 262.4% | ₹713 Cr |
| Net Cash Flow | ₹225 Cr 72.7% | ₹824 Cr 35.1% | ₹610 Cr 45.5% | ₹1.1K Cr 651.7% | ₹-203 Cr 238.1% | ₹147 Cr 36.1% | ₹230 Cr 54.5% | ₹505 Cr 183.9% | ₹-602 Cr 187.6% | ₹687 Cr |
| Free Cash Flow | ₹1.3K Cr 48.4% | ₹2.5K Cr 4.2% | ₹2.4K Cr 14.5% | ₹2.8K Cr 204.7% | ₹911 Cr 10.1% | ₹1.0K Cr 26.9% | ₹1.4K Cr 187.9% | ₹481 Cr 3.4% | ₹498 Cr 228.0% | ₹-389 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 43d 30.3% | 33d 26.7% | 45d 21.6% | 37d 12.1% | 33d 10.0% | 30d 11.8% | 34d 9.7% | 31d 3.3% | 30d 25.0% | 24d |
| Inventory Days | — | — | — | — | — | — | — | — | — | — |
| Days Payable | — | — | — | — | — | — | — | — | — | — |
| Cash Conv. Cycle | 43d 30.3% | 33d 26.7% | 45d 21.6% | 37d 12.1% | 33d 10.0% | 30d 11.8% | 34d 9.7% | 31d 3.3% | 30d 25.0% | 24d |
| Working Capital Days | 33d 257.1% | -21d 31.3% | -16d 0.0% | -16d 70.9% | -55d 17.9% | -67d 86.1% | -36d 72.7% | -132d 19.0% | -163d 21.3% | -207d |
| ROCE | 16.0% 14.3% | 14.0% 26.3% | 19.0% 9.5% | 21.0% 200.0% | 7.0% 22.2% | 9.0% 125.0% | 4.0% 0.0% | 4.0% 0.0% | 4.0% 50.0% | 8.0% |
Source: Screener.in · Lower days = better efficiency
About The Great Eastern Shipping Company Limited
Great Eastern Shipping Company Ltd, along with its subsidiaries is a major player in the Indian shipping and Oil drilling services industry.[1]
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