Ticker >

Essar Shipping share price

Essar Shipping Ltd.

NSE: ESSARSHPNG BSE: 533704 SECTOR: Shipping  51k   75   8

36.78
0 0
BSE: 01 Nov 07:03 PM

Price Summary

Today's High

₹ 36.78

Today's Low

₹ 36.78

52 Week High

₹ 71.57

52 Week Low

₹ 15.1

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

761.26 Cr.

Enterprise Value

2677.36 Cr.

No. of Shares

20.7 Cr.

P/E

22.5

P/B

0

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  -73.91

CASH

19.77 Cr.

DEBT

1935.87 Cr.

Promoter Holding

73.75 %

EPS (TTM)

₹  1.63

Sales Growth

-97.62%

ROE

0 %

ROCE

0%

Profit Growth

777.17 %

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

Your Added Ratios

Please login to Add & View your own added ratios.

Login

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

View Full Peer Comparison
* 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 Year-97.62%
3 Year-81.64%
5 Year-65.1%

Profit Growth

1 Year777.17%
3 Year37.04%
5 Year105.52%

ROE%

1 Year0%
3 Year0%
5 Year-32.06%

ROCE %

1 Year0%
3 Year-5.97%
5 Year-37.05%

Debt/Equity

-1.2068

Price to Cash Flow

9.03

Interest Cover Ratio

18.6043317485473

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 37.0315815125721% for the Past 3 years.
  • Company’s PEG ratio is 0.0289543075055358.
  • The company has a high promoter holding of 73.75%.

 Limitations

  • The company has shown a poor revenue growth of -81.6444133405541% for the Past 3 years.
  • Company has a poor ROE of 0% over the past 3 years.
  • Company has a poor ROCE of -5.96572389864367% over the past 3 years
  • Company has high debtor days of 376.509009009009.
  • Company has contingent liabilities of 1323.1 Cr.
  • Tax rate is low at -1.58799699924981.
  • The company has a low EBITDA margin of -63.6323049704122% over the past 5 years.
  • The company has negative book value.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
Net Sales 2.06 4.55 4.58 4.57 4.59
Total Expenditure 3.55 4.48 6.84 7 9.88
Operating Profit -1.49 0.07 -2.26 -2.43 -5.29
Other Income 31.2 0.36 0.11 2.69 0.03
Interest 2.57 0.45 6.26 37.67 25.3
Depreciation 0.18 0.18 0.19 0.19 0.19
Exceptional Items 13.44 2.27 -0.46 -66.99 175.33
Profit Before Tax 40.4 2.07 -9.06 -104.59 144.58
Tax 0 -0.83 0 0 0
Profit After Tax 40.4 2.9 -9.06 -104.59 144.58
Adjusted EPS (Rs) 1.95 0.14 -0.44 -5.05 6.99

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

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 491.92 538.47 165.92 140.03 3.33
Total Expenditure 417.58 403.69 149.26 101.17 16.52
Operating Profit 74.34 134.78 16.66 38.86 -13.19
Other Income 43.12 12.53 9.97 162.06 35.53
Interest 206.17 209.87 212.16 180.22 94.65
Depreciation 103.33 110.35 112.53 45.26 0.22
Exceptional Items -1400 -2779.42 0.79 -225.15 1738.78
Profit Before Tax -1592.04 -2952.33 -297.27 -249.71 1666.25
Provision for Tax 1.45 1.11 0.62 0.26 -26.46
Net Profit -1593.49 -2950.53 -297.89 -249.97 1692.71
Adjusted EPS (Rs.) -76.99 -142.69 -14.39 -12.08 81.78

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 206.98 206.98 206.98 206.98 206.98
Total Reserves -8.26 -2955.9 -3253.58 -3503.32 -1810.45
Borrowings 2261.63 1978.35 1853.58 1664.98 398.18
Other N/C liabilities 0 0 0 0 0
Current liabilities 2036.25 2357.98 2670.18 2032.65 1586.82
Total Liabilities 4496.6 1587.41 1477.16 401.29 381.53
Assets
Net Block 842.38 742.27 687.58 0.14 3.69
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 3017.37 252.66 252.66 35.77 35.77
Loans & Advances 7.45 15.78 9.07 1.84 1.04
Other N/C Assets 19.5 0 0 4 4.16
Current Assets 609.9 576.7 527.85 359.54 336.87
Total Assets 4496.6 1587.41 1477.16 401.29 381.53
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations -1592.04 -2952.33 -297.27 -249.71 1666.25
Adjustment 1735.75 3109.8 326.82 288.47 -1676.63
Changes in Assets & Liabilities -3.38 7.65 32.9 -63.19 48.56
Tax Paid -10.29 -10.43 41.78 8.05 46.15
Operating Cash Flow 130.04 154.69 104.23 -16.38 84.33
Investing Cash Flow 39.86 18.6 -62.76 458.83 12.52
Financing Cash Flow -175.14 -171.09 -34.64 -448.13 -103.64
Net Cash Flow -5.24 2.2 6.83 -5.68 -6.79

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 -

Annual Reports

Ratings & Research Reports

No Credit and Research reports exist for this company.Report us

Company Presentations

Currently we do not have any Presentation and Concall related to this company.Report us

Company News

Essar Shipping - Quaterly Results8 Aug 2024, 7:24PM Essar Shipping - Quaterly Results8 Aug 2024, 7:24PM Essar Shipping informs about updates24 Jul 2024, 4:57PM Essar Shipping - Quaterly Results28 May 2024, 9:50PM Essar Shipping - Quaterly Results28 May 2024, 9:50PM Essar Shipping informs about outcome of board meeting 28 Mar 2024, 5:11PM Essar Shipping - Quaterly Results8 Feb 2024, 6:54PM Essar Shipping - Quaterly Results8 Feb 2024, 6:54PM Essar Shipping gets nod to raise Rs 400 crore through NCDs 28 Aug 2023, 11:44AM Essar Shipping planning to raise funds22 Aug 2023, 5:35PM Essar Shipping gets nod to divest in ODI, sell stakes in wholly owned subsidiaries17 Aug 2023, 9:48AM Essar Shipping - Quaterly Results8 Aug 2023, 6:20PM Essar Shipping - Quaterly Results8 Aug 2023, 6:20PM Essar Shipping informs about compliances-certificate 18 Jul 2023, 1:11PM Essar Shipping submits board meeting intimation19 May 2023, 5:19PM Essar Shipping informs about compliance certificate26 Apr 2023, 4:49PM Essar Shipping informs about compliance certificate25 Apr 2023, 12:23PM Essar Shipping informs about closure of trading window 28 Mar 2023, 4:05PM Essar Shipping - Quaterly Results7 Feb 2023, 7:30PM Essar Shipping - Quaterly Results7 Feb 2023, 7:30PM Essar Shipping informs about trading window closure27 Dec 2022, 5:10PM Essar Shipping informs about updates21 Dec 2022, 4:22PM Essar Shipping informs about disclosure of related party transaction26 Nov 2022, 3:18PM Essar Shipping informs about closure of trading window 29 Sep 2022, 12:14PM Essar Shipping’s parent organizations to invest $4 billion in setting up steelworks plant in Saudi Arabia 21 Sep 2022, 2:23PM ESSAR Shipping informs about newspaper publication11 Aug 2022, 2:28PM Essar Shipping - Quaterly Results10 Aug 2022, 6:52PM Essar Shipping informs about receipt of request for reclassification from 27 May 2022, 2:35PM Essar Shipping informs about compliance certificate 20 Apr 2022, 4:15PM Essar Shipping monetizes its fleet of vessels10 Feb 2022, 10:30AM Essar Shipping - Quaterly Results9 Feb 2022, 7:03PM Essar Shipping - Quaterly Results9 Feb 2022, 7:03PM Essar Shipping informs appointment of CS cum CO24 Sep 2021, 3:50PM Essar Shipping informs about press release14 Sep 2021, 2:30PM Essar Shipping informs about resignation of non-executive additional director7 Aug 2021, 4:51PM Essar Shipping’s handysize vessels engage in export of rice from India to Bangladesh21 Jul 2021, 9:34AM Essar Shipping informs about disclosure7 Jul 2021, 12:39PM Essar Shipping informs about annual secretarial compliance report 25 Jun 2021, 4:23PM Essar Shipping informs about board meeting5 Nov 2020, 10:39AM

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 36.97. 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 22.6185377791373 which is high and comparatively overvalued .

  • Share Price: - The current share price of Essar Shipping is Rs 36.97. 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 432.46467898112 % which is a good 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 0.212292509547397 .

  • 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 -1.2068 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Essar Shipping has reported revenue growth of -97.6219381561094 % which is poor 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 -396.096096096096 %.

  • 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 1.6345 . 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
X