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Essar Shipping share price

Essar Shipping Ltd.

NSE: ESSARSHPNG BSE: 533704 SECTOR: Shipping  54k   76   8

38.61
+0.75 (1.98%)
NSE: 24 Dec 4:00 PM

Price Summary

Today's High

₹ 38.61

Today's Low

₹ 37.1

52 Week High

₹ 71.54

52 Week Low

₹ 19.75

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationAttractive
The stock is considerably attractive based on intrinsic value.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

799.13 Cr.

Enterprise Value

2727.87 Cr.

No. of Shares

20.7 Cr.

P/E

4.78

P/B

0

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  -67.35

CASH

5.89 Cr.

DEBT

1934.63 Cr.

Promoter Holding

73.75 %

EPS (TTM)

₹  8.08

Sales Growth

373.27%

ROE

0 %

ROCE

-8.17%

Profit Growth

-104.16 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year373.27%
3 Year-54.37%
5 Year-49.75%

Profit Growth

1 Year-104.16%
3 Year20.82%
5 Year14.36%

ROE%

1 Year0%
3 Year0%
5 Year0%

ROCE %

1 Year-8.17%
3 Year-2.72%
5 Year-31.99%

Debt/Equity

-1.1551

Price to Cash Flow

-11.41

Interest Cover Ratio

-0.5161

CFO/PAT (5 Yr. Avg.)

0

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 73.75 0.00
Jun 2024 73.75 0.00
Mar 2024 73.75 0.00
Dec 2023 73.75 0.00
Sep 2023 73.75 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 20.8239362976597% for the Past 3 years.
  • The company has an efficient Cash Conversion Cycle of 82.2176 days.
  • The company has a high promoter holding of 73.75%.

 Limitations

  • The company has shown a poor revenue growth of -54.3729315815874% for the Past 3 years.
  • Company has a poor ROE of 0% over the past 3 years.
  • Company has a poor ROCE of -2.72496666666667% over the past 3 years
  • Company has contingent liabilities of 1254.55 Cr.
  • Company has negative cash flow from operations of -70.02.
  • Tax rate is low at 1.1661.
  • The company has a low EBITDA margin of -74.9322484247985% over the past 5 years.
  • The company has negative book value.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Net Sales 4.55 4.58 4.57 4.59 5.6
Total Expenditure 4.48 6.84 7 9.88 4.03
Operating Profit 0.07 -2.26 -2.43 -5.29 1.57
Other Income 0.36 0.11 2.69 0.03 173.27
Interest 0.45 6.26 37.67 25.3 23.3
Depreciation 0.18 0.19 0.19 0.19 0.19
Exceptional Items 2.27 -0.46 -66.99 175.33 -15.14
Profit Before Tax 2.07 -9.06 -104.59 144.58 136.21
Tax -0.83 0 0 0 0
Profit After Tax 2.9 -9.06 -104.59 144.58 136.21
Adjusted EPS (Rs) 0.14 -0.44 -5.05 6.99 6.58

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 538.47 165.92 140.03 3.33 15.76
Total Expenditure 403.69 149.26 101.17 16.51 22.33
Operating Profit 134.78 16.66 38.86 -13.18 -6.57
Other Income 12.53 9.97 162.06 35.53 34.36
Interest 209.87 212.16 180.22 94.65 46.95
Depreciation 110.35 112.53 45.26 0.22 0.74
Exceptional Items -2779.42 0.79 -225.15 1738.77 -51.28
Profit Before Tax -2952.33 -297.27 -249.71 1666.25 -71.18
Provision for Tax 1.11 0.62 0.26 -26.46 -0.83
Net Profit -2950.53 -297.89 -249.97 1692.71 -70.35
Adjusted EPS (Rs.) -142.69 -14.39 -12.08 81.78 -3.4

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 206.98 206.98 206.98 206.98 206.98
Total Reserves -2955.9 -3253.58 -3503.32 -1810.45 -1881.22
Borrowings 1978.35 1853.58 1664.98 398.18 622.74
Other N/C liabilities 0 0 0 0 0
Current liabilities 2357.98 2670.18 2032.65 1586.82 1377.88
Total Liabilities 1587.41 1477.16 401.29 381.53 326.38
Assets
Net Block 742.27 687.58 0.14 3.69 3.07
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 252.66 252.66 35.77 35.77 0
Loans & Advances 15.78 9.07 1.84 1.04 0.1
Other N/C Assets 0 0 4 4.16 0
Current Assets 576.7 527.85 359.54 336.87 323.21
Total Assets 1587.41 1477.16 401.29 381.53 326.38
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations -2952.33 -297.27 -249.71 1666.25 -71.18
Adjustment 3109.8 326.82 288.47 -1676.63 66.72
Changes in Assets & Liabilities 7.65 32.9 -63.19 48.56 -67.41
Tax Paid -10.43 41.78 8.05 46.15 1.85
Operating Cash Flow 154.69 104.23 -16.38 84.33 -70.02
Investing Cash Flow 18.6 -62.76 458.83 12.52 79.76
Financing Cash Flow -171.09 -34.64 -448.13 -103.64 -5.66
Net Cash Flow 2.2 6.83 -5.68 -6.79 4.08

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 73.75 73.75 73.75 73.75 73.75
essar africa steel holdin... 60.09 60.09 60.09 60.09 60.09
idh international drillin... 10.34 10.34 10.34 10.34 10.34
imperial consultants and ... - - - 3.32 3.32
imperial consultants and ... 3.32 3.32 3.32 - -
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 26.25 26.25 26.25 26.25 26.25
m.b.finmart private limit... - - - - 1.39
puran associates private ... 1.36 1.36 1.36 1.36 1.36
m.b. finmart private limi... 1.41 1.41 1.41 1.41 -
vic enterprises private l... 1.29 1.29 1.29 1.29 -

Ratings & Research Reports

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Company Presentations

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Company News

Essar Shipping - Quaterly Results 8 Aug, 7:24 PM Essar Shipping - Quaterly Results 8 Aug, 7:24 PM Essar Shipping informs about updates 24 Jul, 4:57 PM Essar Shipping - Quaterly Results 28 May, 9:50 PM Essar Shipping - Quaterly Results 28 May, 9:50 PM Essar Shipping informs about outcome of board meeting 28 Mar, 5:11 PM Essar Shipping - Quaterly Results 8 Feb, 6:54 PM Essar Shipping - Quaterly Results 8 Feb, 6:54 PM Essar Shipping gets nod to raise Rs 400 crore through NCDs 28 Aug, 11:44 AM Essar Shipping planning to raise funds 22 Aug, 5:35 PM Essar Shipping gets nod to divest in ODI, sell stakes in wholly owned subsidiaries 17 Aug, 9:48 AM Essar Shipping - Quaterly Results 8 Aug, 6:20 PM Essar Shipping - Quaterly Results 8 Aug, 6:20 PM Essar Shipping informs about compliances-certificate 18 Jul, 1:11 PM Essar Shipping submits board meeting intimation 19 May, 5:19 PM Essar Shipping informs about compliance certificate 26 Apr, 4:49 PM Essar Shipping informs about compliance certificate 25 Apr, 12:23 PM Essar Shipping informs about closure of trading window 28 Mar, 4:05 PM Essar Shipping - Quaterly Results 7 Feb, 7:30 PM Essar Shipping - Quaterly Results 7 Feb, 7:30 PM Essar Shipping informs about trading window closure 27 Dec, 5:10 PM Essar Shipping informs about updates 21 Dec, 4:22 PM Essar Shipping informs about disclosure of related party transaction 26 Nov, 3:18 PM Essar Shipping informs about closure of trading window 29 Sep, 12:14 PM Essar Shipping’s parent organizations to invest $4 billion in setting up steelworks plant in Saudi Arabia 21 Sep, 2:23 PM ESSAR Shipping informs about newspaper publication 11 Aug, 2:28 PM Essar Shipping - Quaterly Results 10 Aug, 6:52 PM Essar Shipping informs about receipt of request for reclassification from 27 May, 2:35 PM Essar Shipping informs about compliance certificate 20 Apr, 4:15 PM Essar Shipping monetizes its fleet of vessels 10 Feb, 10:30 AM Essar Shipping - Quaterly Results 9 Feb, 7:03 PM Essar Shipping - Quaterly Results 9 Feb, 7:03 PM Essar Shipping informs appointment of CS cum CO 24 Sep, 3:50 PM Essar Shipping informs about press release 14 Sep, 2:30 PM Essar Shipping informs about resignation of non-executive additional director 7 Aug, 4:51 PM Essar Shipping’s handysize vessels engage in export of rice from India to Bangladesh 21 Jul, 9:34 AM Essar Shipping informs about disclosure 7 Jul, 12:39 PM Essar Shipping informs about annual secretarial compliance report 25 Jun, 4:23 PM Essar Shipping informs about board meeting 5 Nov, 10:39 AM

Essar Shipping Stock Price Analysis and Quick Research Report. Is Essar Shipping an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Essar Shipping stock price today is Rs 38.61. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Essar Shipping . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Essar Shipping has a PE ratio of 4.78124651715726 which is low and comparatively undervalued .

  • Share Price: - The current share price of Essar Shipping is Rs 38.61. One can use valuation calculators of ticker to know if Essar Shipping share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Essar Shipping has ROA of -19.8754 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Essar Shipping has a Current ratio of 0.2346 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Essar Shipping has a ROE of 0 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Essar Shipping has a Debt to Equity ratio of -1.1551 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Essar Shipping has reported revenue growth of 373.2733 % which is fair in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Essar Shipping for the current financial year is -41.6878172588832 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Essar Shipping is Rs 0 and the yield is 0 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Essar Shipping is Rs 8.0753 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Essar Shipping in Ticker for free. Also, one can get the intrinsic value of Essar Shipping by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about Essar Shipping
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