MarketFriction

Great Eastern Shipping Company Ltd

NSE GESHIP · BSE 500620 · Shipping
₹1,530.60 -1.88%
NSE close2026-10-01
52 week range979.70 - 1,798.00
Market cap₹21,955 Cr.
P/E5.86
Nifty 500Nifty Smallcap 50Nifty Smallcap 100Smallcap 250 Price band 20% Delivery 48.0%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,2291,2451,4971,5081,3541,2371,2231,2011,2421,4541,5112,005
Expenses586595561597701626721559514619570668
Operating Profit6436509379116546115026437288369411,338
OPM %52%52%63%60%48%49%41%54%59%57%62%67%
Other Income232151229195225264150135140282346281
Interest776759616461514544252320
Depreciation187194166197206205205197224246222234
Profit before tax6125409428486106083965366018471,0431,365
Tax %3%0%4%4%6%2%8%6%3%4%-0%4%
Net Profit5955389058125765943635045818131,0441,309
EPS in Rs41.6537.7063.4056.8740.3241.5825.4335.3440.7256.9173.1391.68
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales3,8083,1173,0383,5473,6873,3373,5095,6905,2555,3235,4096,213
Expenses1,8231,6861,8382,4802,4701,6831,9692,5632,2342,6462,2612,370
Operating Profit1,9851,4311,2001,0671,2171,6531,5403,1283,0222,6773,1483,843
OPM %52%46%40%30%33%50%44%55%58%50%58%62%
Other Income1195061022692112321484816648349031,049
Interest288378455521450242370343265236136111
Depreciation608678769773743700698712726813889926
Profit before tax1,20888279422359436202,5542,6942,4623,0263,855
Tax %9%14%367%151%12%3%-2%-1%3%5%3%
Net Profit1,097755-210-212079196302,5752,6142,3442,9433,747
EPS in Rs72.7650.07-13.96-1.4214.0962.5044.09180.36183.11164.20206.11262.44
Dividend Payout %19%20%-52%-380%57%14%22%16%20%18%17%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth4%10%-2%24%
Compounded Profit Growth10%24%0%126%
Stock Price CAGR16%33%22%55%
Return on Equity12%17%17%16%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital151151151151151147147143143143143143
Reserves7,2806,4137,0736,7776,6596,6497,5577,90910,13312,25514,11616,820
Borrowings6,5405,7596,8166,2135,9995,2955,0474,6553,6493,0482,1631,087
Other Liabilities1,5651,6101,3631,5231,5621,7421,3941,2621,2841,3621,2331,411
Total Liabilities15,53513,93315,40214,66414,37013,83314,14513,96915,20916,80817,65619,460
Fixed Assets10,8888,92510,3049,8099,6179,1239,0428,8778,4508,3298,2479,339
CWIP227328221314123242435592146
Investments1,2509128758566019631,3501,1571,5101,9702,2892,392
Other Assets3,1703,7684,2013,9864,1383,6243,7293,9105,2156,4507,0997,684
Total Assets15,53513,93315,40214,66414,37013,83314,14513,96915,20916,80817,65619,460
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity1,4452,1511,5229691,0961,4811,5341,3232,9752,8082,6472,854
Cash from Investing Activity-725-440-1,548-412429622-882-33739-868-148-860
Cash from Financing Activity-228-1,677713-1,158-1,020-1,872-505-1,189-1,893-1,330-1,675-1,769
Net Cash Flow49134687-602505230147-2031,120610824225
Free Cash Flow2101,588-3894984811,3851,0139112,7762,3732,4721,276
CFO/OP105%115%115%90%110%127%93%85%95%94%102%93%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days363024303134303337453343
Inventory Days
Days Payable
Cash Conversion Cycle363024303134303337453343
Working Capital Days-211-161-207-163-132-36-67-55-16-16-2133
ROCE %8%11%8%4%4%4%9%7%21%19%14%16%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters30.08%30.08%30.08%30.08%30.08%30.08%30.08%30.08%30.08%30.08%30.08%30.08%
FIIs27.30%26.75%27.41%24.51%24.64%25.04%25.44%24.64%24.88%25.70%28.44%31.03%
DIIs15.91%16.39%16.60%17.36%15.68%15.21%14.90%15.11%15.84%16.20%15.25%12.81%
Public26.72%26.76%25.91%28.05%29.59%29.65%29.57%30.16%29.20%28.01%26.25%26.08%
No. of Shareholders95,75798,0471,00,2511,24,0751,93,9191,96,1561,99,9512,09,3591,96,1261,79,9081,56,7181,68,304

Fundamentals

Market Cap₹ 21,955 Cr.
Current Price₹ 1,538
Stock P/E5.86
Book Value₹ 1,188
ROCE15.8 %
ROE15.9 %
Dividend Yield2.28 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)24%
Compounded Profit Growth (TTM)126%
Consolidated figures.
Valuation
Market capRs 21,852 Cr
Enterprise valueRs 17,428 Cr
P/E (TTM)5.83x
Price to book1.29x
Price to sales3.52x
EV / EBITDA3.56x
EV / EBIT4.39x
EV / sales2.81x
Price to cash flow7.66x
Earnings yield17.15%
Dividend yield2.29%
P/E, 3-year average6.00x
P/B, 3-year average1.09x
P/E, 5-year average5.88x
P/B, 5-year average0.96x
Profitability
Operating margin (excl. other income)58.20%
Operating margin (incl. other income)74.90%
EBITDA margin78.73%
Pre-tax margin62.04%
Net profit margin60.31%
Net margin, latest quarter65.27%
ROE18.85%
ROCE18.35%
ROA15.86%
ROE, 3-year average19.83%
ROCE, 3-year average18.48%
ROA, 3-year average15.26%
ROE, 5-year average19.12%
ROCE, 5-year average16.99%
ROA, 5-year average13.58%
ROIC (approx.)30.76%
Tax rate2.75%
Other income / net worth5.33%
Growth
Sales growth (latest year)1.63%
Profit growth (latest year)25.52%
Sales CAGR, 3 years-1.68%
Sales CAGR, 5 years10.15%
Profit CAGR, 3 years4.55%
Profit CAGR, 5 years26.22%
Sales growth QoQ32.68%
Profit growth QoQ25.36%
Sales growth YoY (latest quarter)66.91%
Profit growth YoY (latest quarter)159.43%
Per share
EPS (TTM)Rs 262.44
EPS (latest year)Rs 206.10
EPS (latest quarter)Rs 91.67
EPS, 3-year averageRs 184.47
EPS, 5-year averageRs 155.57
Book value per shareRs 1,188.10
Sales per shareRs 435.18
Cash flow per shareRs 199.89
Free cash flow per shareRs 89.37
Dividend per share (latest year)Rs 35.10
Dividend per share, 3-year averageRs 33.70
Dividend per share, 5-year averageRs 27.96
Dividends
Dividend payout17.03%
Dividend payout, 3-year average18.31%
Dividend payout, 5-year average18.67%
Efficiency
Asset turnover0.28x
Fixed asset turnover0.58x
Inventory turnover4.57x
Inventory days80 days
Debtor days43 days
Debtors turnover8.46x
Cash conversion cycle43 days
Working capital days33 days
Leverage
Total debtRs 1,087 Cr
Cash and bankRs 5,511 Cr
Net debtRs -4,424 Cr
Debt to equity0.06x
Net debt / EBITDA-0.90x
Interest coverage35.59x
Current ratio (filing 2026-03-31)7.08x
Quick ratio (filing 2026-03-31)6.88x
Trade payables (filing 2026-03-31)Rs 360 Cr
Owners' fund to total sources87.17%
Debt to assets5.59%
Cash flow
Cash from Operating Activity (latest year)Rs 2,854 Cr
Cash from Investing Activity (latest year)Rs -860 Cr
Cash from Financing Activity (latest year)Rs -1,769 Cr
Net Cash Flow (latest year)Rs 225 Cr
Free cash flow (latest year)Rs 1,276 Cr
FCFE (approx.: FCF + change in debt)Rs 200 Cr
Cash from ops / profit, 5 years1.14x
Sales to cash flow1.90x
Statement figures
Net sales (TTM)Rs 6,213 Cr
Net sales (latest year)Rs 5,409 Cr
Sales (latest quarter)Rs 2,005 Cr
Operating profit excl. other income (latest year)Rs 3,148 Cr
Operating profit (latest quarter)Rs 1,338 Cr
Other income (TTM)Rs 1,049 Cr
EBITDA (TTM)Rs 4,892 Cr
PBDT (TTM)Rs 4,780 Cr
Profit before tax (TTM)Rs 3,855 Cr
Tax (latest year)Rs 83 Cr
Net profit (TTM)Rs 3,747 Cr
Net profit (latest year)Rs 2,943 Cr
Net profit (latest quarter)Rs 1,309 Cr
Depreciation (TTM)Rs 926 Cr
Depreciation (latest quarter)Rs 234 Cr
Interest (TTM)Rs 111 Cr
Cost of goods sold (latest year)Rs 1,308 Cr
Total expenditure (latest year)Rs 2,261 Cr
Total income (latest year)Rs 6,312 Cr
Share capitalRs 143 Cr
ReservesRs 16,820 Cr
Shareholders' fundsRs 16,962 Cr
Total assetsRs 19,460 Cr
Net blockRs 9,339 Cr
Capital work in progressRs 46 Cr
InvestmentsRs 2,392 Cr
ReceivablesRs 639 Cr
InventoryRs 286 Cr
Other liabilitiesRs 1,411 Cr
Shares outstanding (crore)14.28
Ownership
Promoter holding30.08% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 5.8 is at the 30th percentile of its own 7.4-year range (median 7.0, low 4.0, high 28.3).
P/B 1.29 is at the 85th percentile (median 0.79).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodGESHIPNifty 50Difference
1 week+3.2%-2.8% +6.0 pts
1 month+15.5%-6.8% +22.3 pts
3 months+6.3%-7.6% +13.9 pts
6 months+8.2%+0.4% +7.8 pts
1 year+50.4%-9.9% +60.3 pts
2 years+23.5%-13.6% +37.1 pts
3 years+80.7%+14.2% +66.5 pts
5 years+316.8%+27.9% +288.9 pts
91 mutual fund schemes hold about ₹2,062 Cr. Over three months 9 bought more and 78 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
HDFC Small Cap Fund1.41%590 -20%
Bandhan Small Cap Fund0.77%265 -29%
Parag Parikh Flexi Cap Fund0.11%166 -54%
SBI Dividend Yield Fund1.42%121 -18%
UTI Value Fund0.99%94 -20%
UTI Small Cap Fund1.45%76 +10%
Old Bridge Focused Fund1.72%69 -30%
UTI Large & Mid Cap Fund0.82%53 -9%
UTI Dividend Yield Fund1.34%51 -18%
UTI Aggressive Hybrid Fund0.65%44 -11%
Tata ELSS-Tax Saver Fund0.92%43 +2%
ICICI Pru Energy Opportunities Fund0.47%39 +199%
Bandhan Large & Mid Cap Fund0.18%38 -58%
Bandhan Flexi Cap Fund0.45%34 -18%
NJ Flexi Cap Fund1.11%30 -20%
NJ Balanced Advantage Fund0.74%25 -22%
Nippon India Nifty Smallcap 250 Index Fund0.58%21 -20%
Kotak Transportation & Logistics Fund3.69%20 -22%
UTI Multi Cap Fund0.90%20 +22%
HDFC Retirement Fund-Equity Plan0.26%18 -44%
Baroda BNP Paribas Small Cap Fund1.39%18 -21%
Bandhan Contra Fund0.80%14 +100%
NJ ELSS Tax Saver Fund3.91%14 -20%
Bandhan Transportation and Logistics Fund1.69%13 -1%
Bajaj Finserv Small Cap Fund0.49%13 +54%

Red flags

F-score 6 of 8
explainReceivables outrunning sales Receivables grew 33% vs sales +2% in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Insider trades

NSE insider and takeover-code disclosures
DateWhoRoleSideSharesValueHow
2020-12-23GOPALI MULJIPromoterssell10,000Rs 0.26 CrMarket Sale
2020-12-22GOPALI MULJIPromoterssell15,000Rs 0.38 CrMarket Sale
2020-12-18GOPALI MULJIPromoterssell10,000Rs 0.27 CrMarket Sale
2020-12-17GOPALI MULJIPromoterssell15,000Rs 0.42 CrMarket Sale
2020-12-15GOPALI MULJIPromoterssell18,000Rs 0.51 CrMarket Sale
2020-12-11GOPALI MULJIPromoterssell56,000Rs 1.62 CrMarket Sale
2020-12-09GOPALI MULJIPromoterssell90,000Rs 2.55 CrMarket Sale
2020-11-26A H BHIWANDIWALA CONSULTANCY PVT LPromotersother3,600Rs 0.09 CrInter-se-Transfer
2020-11-26RAVI K. SHETHPromotersother3,600Rs 0.09 CrInter-se-Transfer
2020-11-18GOPALI MULJIPromoterssell186,000Rs 4.57 CrMarket Sale
2020-11-09RAVI K. SHETHPromotersother51,265Inter-se-Transfer
2020-11-09RAVI K SHETHPromotersother51,265Inter-se-Transfer
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.

Latest quarter

Jun 2026
Sales ₹2,005 Cr +66.9% vs Jun 2025. Net profit ₹1,309 Cr +159.7%.

Activity

Compare
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Essar Shipping Ltd347%
Sadhav Shipping Ltd17712.18.89 %
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Shahi Shipping Ltd16-14.6 %
No bulk or block deals on record.
Ex-dateActionFactor
2026-08-07Interim Dividend - Rs 14.40 Per Share
2026-05-20Interim Dividend - Rs 11.70 Per Share
2026-02-04Interim Dividend - Rs 9 Per Share
2025-11-13Interim Dividend - Rs 7.20 Per Share
2025-08-06Interim Dividend - Rs 7.20 Per Share
2025-05-15Interim Dividend - Rs 5.40 Per Share
2025-02-03Interim Dividend - Rs 8.10 Per Share
2024-11-19Interim Dividend - Rs 7.20 Per Share
2024-08-13Interim Dividend - Rs 9 Per Share
2024-07-25Annual General Meeting
2024-05-22Interim Dividend - Rs 10.80 Per Share
2024-02-12Interim Dividend - Rs 6.30 Per Share
2023-11-08Interim Dividend - Rs 6.30 Per Share
2023-08-14Interim Dividend - Rs 5.40 Per Share/ Special Dividend - Rs 7.50 Per Share
2023-07-27Annual General Meeting
2023-05-24Interim Dividend - Rs 9 Per Share
2023-02-10Interim Dividend - Rs 7.20 Per Share
2022-11-22Interim Dividend - Rs 7.20 Per Share
2022-08-10Interim Dividend - Rs 5.40 Per Share
2022-07-21Annual General Meeting
2022-05-17Interim Dividend - Rs 5.40 Per Share
2021-11-11 Interim Dividend - Rs 4.50 Per Share
2021-07-20 Annual General Meeting/Dividend - Rs 9 Per Share
2020-07-22 Annual General Meeting
2020-06-09 Interim Dividend - Rs 2.70 Per Sh
2020-03-18 Interim Dividend - Rs 5.4 Per Share
2019-07-31 Annual General Meeting/Dividend - Rs 5.40 Per Share
2018-08-02 Annual General Meeting/Dividend- Rs 7.20 Per Share
2017-08-02 Annual General Meeting/Dividend - Rs 6.50 Per Share
2017-02-14 Interim Dividend Rs 3.60 Per Share
2016-08-03 Annual General Meeting
2016-03-17 Interim Dividend - Rs 7.50/- Per Share (Purpose Revised)
2016-02-15 Interim Dividend - Rs 6/- Per Share
2015-08-04Annual General Meeting/Dividend - Rs 7/- Per Share
2014-09-17Annual General Meeting / Final Dividend - Rs 5/- Per Share
2014-08-13Interim Dividend - Rs 4/- Per Share (Purpose Revised)
2014-02-17Interim Dividend - Rs 4/- Per Share
2013-07-26Annual General Meeting And Dividend Rs.4.50 Per Share
2013-02-18Interim Dividend Rs 3 Per Share
2012-07-30Annual General Meeting And Dividend Rs.3.50 Per Share
2012-02-22Interim Dividend Rs.3/- Per Share
2011-07-27Dividend-Rs.4.50 Per Share
2010-11-02Interim Dividend-Rs.3.50 Per Share (Purpose Revised)
2010-07-20Final Dividend Rs 8 Per Share
2009-06-16Annual Book Closure
2009-05-133rd Int Div-Rs.3/- Per Shpurpose Revised
2009-02-10Int Div-Rs.2.50 Per Sharepurpose Revised
2008-10-31Int Div-Rs.2.50 Per Sharepurpose Revised
2008-07-09Annual Book Closure
2008-05-08Div-Int.Rs.5+Spl Rs2.50shpurpose Revised
2008-02-05Interim Div-Rs.3.50 Pr Shpurpose Revised
2007-10-25Int Div-Rs.4.00 Per Sh Purpose Revised
2007-07-10Final Dividend - 45%
2007-02-01Int Div-Rs.3/- Per Share Purpose Revised
DateTypeWhat it says
2026-09-29LitigationDisclosure of events / information under Regulations 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Re...
2026-09-28Press ReleaseA press release dated September 28, 2026, titled "GE Shipping contracts to buy a new-building Suezmax Tanker".
2026-09-18General UpdatesESG Ratings of the Company.
2026-09-08Press ReleaseA press release dated September 08, 2026, titled "We wish to inform you that the Company has contracted to buy a secondhand Kamsarmax Dry Bulk carrier...
2026-09-03BuybackCommencement of Buyback on September 04, 2026
2026-09-02UpdatesThe Company has, on September 01, 2026, sent an intimation through electronic mode regarding the open market buyback offer to all its shareholders as ...
2026-08-31BuybackBoard Resolution pertaining to Buyback
2026-08-31Public Announcement - BuybacPublic Announcement - Buyback of Shares
2026-08-27Board meeting outcomeOutcome of Board Meeting held on August 27, 2026.
2026-08-20Concall / analyst meetSchedule of meet
2026-08-13General UpdatesGeneral Updates
2026-08-11Concall / analyst meetTranscript
2026-08-07Press ReleaseA press release dated August 07, 2026, titled "GE Shipping contracts to buy a Kamsarmax Dry Bulk Carrier".
2026-08-05UpdatesChairman s Speech at the 78th Annual General Meeting of the Company
2026-08-04Concall / analyst meetLink of Recording
2026-08-04Shareholder meetingProceedings of Annual General Meeting held on August 04, 2026. Further, the company has submitted the Exchange a copy of Srutinizers report along with...
2026-08-04Investor PresentationInvestor Presentation
2026-08-04Investor PresentationInvestor Presentation
2026-08-03General UpdatesGeneral Updates
2026-08-03Concall / analyst meetSchedule of meet
2026-08-03Record DateRecord date for the purpose of Dividend is 07-Aug-2026.
2026-08-03DividendBoard of Directors at its meeting held on August 03, 2026, declared Interim Dividend of Rs. 14.40 per equity share.
2026-08-03Board meeting outcomeThe Great Eastern Shipping Company Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-08-01UpdatesLetter sent to the shareholders holding shares in physical form for furnishing the KYC details to the Registrar and Transfer Agent of the Company (RTA...
2026-07-29Concall / analyst meetSchedule of meet
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Great Eastern Shipping Company Ltd?

Great Eastern Shipping Company Ltd (GESHIP) has a market capitalisation of Rs 21,955 Cr. at the 2026-10-01 close.

What is the P/E ratio of Great Eastern Shipping Company Ltd?

Great Eastern Shipping Company Ltd trades at a P/E of 5.86 on trailing twelve-month profit, at the 2026-10-01 close.

What were Great Eastern Shipping Company Ltd's latest quarterly results?

In the Jun 2026 quarter, Great Eastern Shipping Company Ltd sales was Rs 2,005 Cr (+66.9% vs Jun 2025) and net profit was Rs 1,309 Cr.

What is the 52-week high and low of Great Eastern Shipping Company Ltd?

The 52-week high is Rs 1,798.00 and the 52-week low is Rs 979.70.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03