Ticker > Company >

GE Shipping share price

The Great Eastern Shipping Company Ltd.

NSE: GESHIP BSE: 500620 SECTOR: Shipping  114k   384   58

1109.90
+33.10 (3.07%)
BSE: Today, 04:00 PM

Price Summary

Today's High

₹ 1124.8

Today's Low

₹ 1077.25

52 Week High

₹ 1542.8

52 Week Low

₹ 852

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

15845.73 Cr.

Enterprise Value

14188.21 Cr.

No. of Shares

14.28 Cr.

P/E

6.47

P/B

1.4

Face Value

₹ 10

Div. Yield

3.27 %

Book Value (TTM)

₹  790.61

CASH

3884.74 Cr.

DEBT

2227.22 Cr.

Promoter Holding

30.07 %

EPS (TTM)

₹  171.45

Sales Growth

-13.86%

ROE

24.55 %

ROCE

21.96%

Profit Growth

-1.52 %

* 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

Index Presence

The company is present in 22 Indices.

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-13.86%
3 Year15.91%
5 Year9.45%

Profit Growth

1 Year-1.52%
3 Year31.01%
5 Year160.94%

ROE%

1 Year24.55%
3 Year22.85%
5 Year18.51%

ROCE %

1 Year21.96%
3 Year19.29%
5 Year15.86%

Debt/Equity

0.2153

Price to Cash Flow

6.68

Interest Cover Ratio

13.1285

CFO/PAT (5 Yr. Avg.)

1.28267931507737

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 30.07 0.00
Jun 2024 30.07 0.00
Mar 2024 30.07 0.00
Dec 2023 30.07 0.00
Sep 2023 30.07 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 31.0096914879677% for the Past 3 years.
  • The company has shown a good revenue growth of 15.9142324816501% for the Past 3 years.
  • Company has been maintaining healthy ROE of 22.8458189837683% over the past 3 years.
  • Company has a healthy Interest coverage ratio of 13.1285.
  • The Company has been maintaining an effective average operating margins of 45.7711141982202% in the last 5 years.
  • The company has an efficient Cash Conversion Cycle of 49.9431 days.
  • Company has a healthy liquidity position with current ratio of 5.5058.
  • The company has a good cash flow management; CFO/PAT stands at 1.28267931507737.

 Limitations

  • Tax rate is low at 3.3485.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Net Sales 972.45 996.18 1154.86 1153.27 1011
Total Expenditure 458.65 430.45 435.56 450 483.06
Operating Profit 513.8 565.73 719.3 703.27 527.94
Other Income 209.07 120.35 175.36 158.86 241.87
Interest 53.17 50.3 44.79 44.29 44.22
Depreciation 118.64 125.19 98.2 127.17 133.24
Exceptional Items 0 0 0 0 0
Profit Before Tax 551.06 510.59 751.67 690.67 592.35
Tax 15.51 22.82 24.94 22.41 27.38
Profit After Tax 535.55 487.77 726.73 668.26 564.97
Adjusted EPS (Rs) 37.51 34.16 50.9 46.81 39.57

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

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 2870.76 2674.12 2832.03 4834.82 4164.79
Total Expenditure 2055.11 1477.22 1606.73 2154.17 1791.94
Operating Profit 815.65 1196.9 1225.3 2680.65 2372.85
Other Income 298.14 559.92 275.23 417.23 676.64
Interest 317.52 252.3 234.04 259.2 197.6
Depreciation 476.74 438.65 435.94 450.09 455.3
Exceptional Items 0 0 0 0 0
Profit Before Tax 319.53 1065.87 830.55 2388.59 2396.59
Provision for Tax 38.84 35.74 18.88 36.58 80.25
Net Profit 280.69 1030.13 811.67 2352.01 2316.34
Adjusted EPS (Rs.) 19.1 70.09 56.85 164.74 162.24

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 146.97 146.97 142.77 142.77 142.77
Total Reserves 4920.08 5951.02 6428.66 8377.48 10203.64
Borrowings 3319.11 3241.03 2970.52 2222.29 1767.37
Other N/C liabilities 769.44 449.11 307.24 300.97 337.39
Current liabilities 850.19 1056.39 1119.32 982.8 1160.53
Total Liabilities 10005.79 10844.52 10968.51 12026.31 13611.7
Assets
Net Block 5195.84 5369.13 5427.23 5148.75 5210.93
Capital WIP 108.84 24.01 22.71 27.03 29.86
Intangible WIP 0.12 0.12 0.96 0 8.48
Investments 1685.82 1687.08 1688.32 1689.64 1691.13
Loans & Advances 103.32 115.71 74.59 103.13 186.97
Other N/C Assets 0 9.74 16.61 48.98 94.7
Current Assets 2911.85 3638.73 3738.09 5008.78 6389.63
Total Assets 10005.79 10844.52 10968.51 12026.31 13611.7
* 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 319.53 1065.87 830.55 2388.59 2396.59
Adjustment 885.74 168.3 441.97 531.32 10.56
Changes in Assets & Liabilities -21.53 102.12 -98.56 -184.25 23.36
Tax Paid -41.58 8.2 -20.86 -36.62 -58.83
Operating Cash Flow 1142.16 1344.49 1153.1 2699.04 2371.68
Investing Cash Flow 696.22 -977.19 -520.55 125.06 -886.93
Financing Cash Flow -1410.64 -101.83 -983.12 -1622.79 -972.52
Net Cash Flow 427.74 265.47 -350.57 1201.31 512.23

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 30.07 30.07 30.07 30.07 30.07
amita ravi sheth 0.13 0.13 0.13 0.13 0.13
arjun ravi sheth 0.04 0.04 0.04 0.04 0.04
bharat k sheth (trustee o... 10.93 10.93 10.93 10.93 10.93
bharat kanaiyalal sheth - 0.36 0.36 0.36 0.36
gopa investments co pvt l... 0.30 0.30 0.30 0.30 0.30
jyoti bharat sheth 0.10 0.10 0.10 0.10 0.10
kabir mulji 0.37 0.37 0.37 0.37 0.37
kanaiyalal maneklal sheth... 0.19 0.19 0.19 0.19 0.19
laadki trading and invest... 4.31 4.31 4.31 4.31 4.31
nirja bharat sheth 0.07 0.07 0.07 0.07 0.07
nisha viraj mehta . 0.08 0.08 0.08 0.08 0.08
rahul ravi sheth 0.08 0.08 0.08 0.08 0.08
ravi k sheth (trustee of ... 11.14 11.14 11.14 11.14 11.14
ravi kanaiyalal sheth . - 0.54 - 0.54 0.54
rosaleen mulji 0.30 0.30 0.30 0.30 0.30
sachin mulji 0.74 0.74 0.74 0.74 0.74
sangita mulji 0.41 0.41 0.41 0.41 0.41
ravi kanaiyalal sheth 0.54 - 0.54 - -
bharat kanaiyalal sheth .... 0.36 - - - -
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 69.93 69.93 69.93 69.93 69.93
canara robeco mutual fund... - - - 1.23 5.08
city of new york group tr... 1.60 1.51 1.51 1.39 1.26
hdfc trustee company ltd.... - - - 5.64 2.01
icici prudential mnc fund... - 3.27 - 2.51 2.10
investor education and pr... 0.61 0.61 0.61 - 0.65
kotak mahindra trustee co... - - - 2.01 2.59
fidelity funds - india fo... 1.11 1.11 1.03 1.27 -
investor education and pr... - - - 0.65 -
uti large & mid cap fund - - 2.06 2.67 -
abu dhabi investment auth... 1.70 - 1.27 - -
canara robeco mutual fund... - - 1.14 - -
hdfc mutual fund - hdfc s... - - 6.39 - -
icici prudential value di... - - 2.85 - -
kotak small cap fund 1.88 2.00 2.00 - -
nalanda india equity fund... 7.37 7.37 7.37 - -
abu dhabi investment auth... - 1.70 - - -
government pension fund g... 1.01 1.01 - - -
hdfc trustee company ltd.... 7.08 6.77 - - -
uti transportation and lo... - 1.43 - - -
icici prudential india op... 3.74 - - - -

Ratings & Research Reports

Company Presentations

Company News

The Great Eastern Shipping Company informs about issuance of duplicate share certificate 19 Nov, 5:29 PM Great Eastern Shipping Co informs about details of loss of certificate 14 Nov, 5:16 PM GE Shipping delivers 2005 built Suezmax Crude Tanker ‘Jag Lalit’ 14 Nov, 3:40 PM GE Shipping - Quaterly Results 7 Nov, 9:44 PM GE Shipping - Quaterly Results 7 Nov, 9:44 PM Great Eastern Shipping Co informs about press release 31 Oct, 2:58 PM GE Shipping contracts to sell 2005 built medium range product Tanker ‘Jag Padma’ 31 Oct, 2:40 PM Great Eastern Shipping Co submits board meeting intimation 24 Oct, 4:42 PM The Great Eastern Shipping Company informs about press release 21 Oct, 12:44 PM G E Shipping delivers Supramax Dry Bulk Carrier ‘Jag Rani’ 21 Oct, 12:27 PM G E Shipping delivers 2005 built Medium Range Product Tanker ‘Jag Pranav’ 30 Sep, 4:42 PM The Great Eastern Shipping Company informs about issuance of letter of confirmation 27 Sep, 2:48 PM The Great Eastern Shipping Company informs about issuance of duplicate share certificate 24 Sep, 11:19 AM G E Shipping contracts to sell 2005 built Suezmax Crude Tanker ‘Jag Lalit’ 13 Sep, 2:57 PM The Great Eastern Shipping Company informs about press release 13 Sep, 12:34 PM Great Eastern Shipping Co informs about loss of share certificate 12 Sep, 4:36 PM GE Shipping contracts to sell 2011 built Supramax Dry Bulk Carrier ‘Jag Rani’ 29 Aug, 5:45 PM G E Shipping takes delivery of medium range product tanker ‘Jag Priyanka’ 16 Aug, 5:12 PM G E Shipping delivers 2004 built medium range product tanker ‘Jag Pranam’ to buyers 12 Aug, 3:45 PM GE Shipping - Quaterly Results 1 Aug, 12:58 PM GE Shipping - Quaterly Results 1 Aug, 12:58 PM GE Shipping - Quaterly Results 1 Aug, 12:58 PM The Great Eastern Shipping Company informs about issuance of letter of confirmation 1 Aug, 11:07 AM The Great Eastern Shipping Company informs about press release 23 Jul, 12:30 PM G E Shipping to sell 2005 built Medium Range Product Tanker ‘Jag Pranav’ 23 Jul, 11:53 AM Great Eastern Shipping Co informs about board meeting 18 Jul, 4:42 PM The Great Eastern Shipping Company informs about issuance of duplicate share certificate 12 Jul, 12:19 PM Great Eastern Shipping Co informs about AGM 8 Jul, 5:24 PM The Great Eastern Shipping Company informs about issuance of duplicate share certificate 5 Jul, 2:39 PM The Great Eastern Shipping Company informs about issuance of duplicate share certificate 13 Jun, 2:27 PM The Great Eastern Shipping Company informs about press release 7 Jun, 10:39 AM G E Shipping contracts to buy Medium Range Product Tanker 7 Jun, 10:30 AM The Great Eastern Shipping Co informs about newspaper publication 31 May, 4:30 PM The Great Eastern Shipping Company informs about issuance of letter of confirmation 31 May, 4:26 PM The Great Eastern Shipping Company informs about analyst meet 23 May, 2:09 PM G E Shipping delivers 2004 built Medium Range Product Tanker ‘Jag Pahel’ to buyers 21 May, 3:51 PM The Great Eastern Shipping Company informs about issuance of letter of confirmation 16 May, 4:56 PM The Great Eastern Shipping Company informs about annual secretarial compliance report 15 May, 12:59 PM G E Shipping contracts to sell 2004 built Medium Range Product Tanker ‘Jag Pranam’ 15 May, 12:49 PM GE Shipping - Quaterly Results 10 May, 2:16 PM GE Shipping - Quaterly Results 10 May, 2:16 PM GE Shipping - Quaterly Results 10 May, 2:16 PM G E Shipping takes delivery of medium range product tanker ‘Jag Prachi’ 8 May, 5:20 PM The Great Eastern Shipping Company informs about board meeting 26 Apr, 4:42 PM The Great Eastern Shipping Company informs about issuance of duplicate share certificate 23 Apr, 3:11 PM G E Shipping takes delivery of 2010 built medium range product tanker ‘Jag Priya’ 12 Apr, 12:14 PM The Great Eastern Shipping Company informs about notice of postal ballot 3 Apr, 2:28 PM The Great Eastern Shipping Company informs about issuance of duplicate share certificate 2 Apr, 11:40 AM G E Shipping contracts to sell 2004 built medium range product tanker ‘Jag Pahel’ 1 Apr, 2:50 PM G E Shipping contracts to buy medium range product tanker 1 Apr, 11:09 AM

GE Shipping Stock Price Analysis and Quick Research Report. Is GE 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. 

GE Shipping stock price today is Rs 1109.85. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse GE 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). GE Shipping has a PE ratio of 6.47334981635949 which is low and comparatively undervalued .

  • Share Price: - The current share price of GE Shipping is Rs 1109.85. One can use valuation calculators of ticker to know if GE 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. GE Shipping has ROA of 18.0696 % 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. GE Shipping has a Current ratio of 5.5058 .

  • 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. GE Shipping has a ROE of 24.5548 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. GE Shipping has a Debt to Equity ratio of 0.2153 which means that the company has low proportion of debt in its capital.

  • Sales growth: - GE Shipping has reported revenue growth of -13.8584 % 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 GE Shipping for the current financial year is 56.9740611171272 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for GE Shipping is Rs 36.3 and the yield is 3.2825 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of GE Shipping is Rs 171.4491 . The higher the EPS, the better it is for investors. 

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

Last Updated on:
Brief about GE Shipping

The Great Eastern Shipping Company Ltd. Financials: Check Share price, Balance Sheet, Annual report and Quarterly Results for company analysis

The Great Eastern Shipping Company Ltd. is a leading shipping company in India. In this article, we will discuss various aspects of the company's stock analysis, including its share price, balance sheet, annual report, dividend, quarterly result, stock price, price chart, news, concall transcripts, investor presentations, promoters, and shareholders. Our website provides pre-built screening tools and premium features such as DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis. Additionally, we provide downloadable annual reports and quarterly results for investors to analyze.

The Great Eastern Shipping Company Ltd. Share Price

The share price of The Great Eastern Shipping Company Ltd. is an important factor to consider before investing. It reflects the market's perception of the company's performance. A stock's share price is determined by a range of factors, such as market sentiment, financial performance, and general economic conditions. Our pre-built screening tools can help investors analyze the stock price and its trend. Investors should analyze the trend of the share price over a period of time to make informed decisions.

The Great Eastern Shipping Company Ltd. Balance Sheet

The balance sheet of The Great Eastern Shipping Company Ltd. is a crucial document that provides information on the company's assets, liabilities, and equity. It is important to analyze the balance sheet to understand the financial position of the company. Our premium features, such as DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis, can help investors calculate the fair value of the company.

The Great Eastern Shipping Company Ltd. Annual Report

The annual report of The Great Eastern Shipping Company Ltd. provides a comprehensive overview of the company's performance over the year. It includes information on the company's financial statements, management discussion and analysis, and corporate governance. Investors can download the annual report from our website and analyze it to understand the company's performance.

The Great Eastern Shipping Company Ltd. Dividend

The Great Eastern Shipping Company Ltd. has a history of consistently paying dividends to its shareholders. Investors can analyze the company's dividend history to understand its dividend policy. It is important to analyze the dividend payout ratio to understand how much of the company's earnings are being distributed as dividends.

The Great Eastern Shipping Company Ltd. Quarterly Result

The quarterly result of The Great Eastern Shipping Company Ltd. provides information on the company's performance over a quarter. It includes information on the company's revenue, net profit, and earnings per share. Investors can download the quarterly results from our website and analyze it to understand the company's performance.

The Great Eastern Shipping Company Ltd. Stock Price

The stock price of The Great Eastern Shipping Company Ltd. is influenced by various factors such as market conditions, company performance, and news. Investors can analyze the stock price to understand the market's perception of the company's performance. Our pre-built screening tools can help investors analyze the stock price and its trend.

The Great Eastern Shipping Company Ltd. Price Chart

The price chart of The Great Eastern Shipping Company Ltd. provides a visual representation of the stock price trend over a period of time. Investors can analyze the price chart to understand the trend of the stock price. Our pre-built screening tools can help investors analyze the price chart and its trend.

The Great Eastern Shipping Company Ltd. News

News plays an important role in influencing the stock price of The Great Eastern Shipping Company Ltd. Investors can analyze the news related to the company to understand its impact on the stock price. Our pre-built screening tools can help investors analyze the news related to the company.

The Great Eastern Shipping Company Ltd. Concall Transcripts

The concall transcripts of The Great Eastern Shipping Company Ltd. provide information on the company's performance and management's outlook for the future. Investors can download the concall transcripts from our website and analyze it to understand the company's performance.

The Great Eastern Shipping Company Ltd. Investor Presentations

The investor presentations of The Great Eastern Shipping Company Ltd. provide information on the company's strategy, performance, and outlook for the future. Investors can download the investor presentations from our website and analyze them to understand the company's performance.

The Great Eastern Shipping Company Ltd. Promoters

The promoters of The Great Eastern Shipping Company Ltd. are the individuals or entities that hold a significant stake in the company. It is important to analyze the promoters to understand their track record and their influence on the company's performance.

The Great Eastern Shipping Company Ltd. Shareholders

The shareholders of The Great Eastern Shipping Company Ltd. are the individuals or entities that own a stake in the company. It is important to analyze the shareholders to understand their influence on the company's performance.

The Great Eastern Shipping Company Ltd. ROCE

Return on Capital Employed (ROCE) is a critical metric for analyzing The Great Eastern Shipping Company Ltd.'s profitability and capital utilization. By examining the ROCE data in the financials table or ratio section above, investors can gain insights into the company's ability to generate returns from capital investments and its overall operational efficiency.

The Great Eastern Shipping Company Ltd. EBITDA

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is an essential indicator of The Great Eastern Shipping Company Ltd.'s operational performance and cash flow generation. By excluding interest, taxes, and non-cash expenses such as depreciation and amortization, EBITDA provides insights into the company's core profitability. Investors can refer to the EBITDA data for The Great Eastern Shipping Company Ltd. in the financials table or ratio section above.

The Great Eastern Shipping Company Ltd. DPS

Dividends Per Share (DPS) is a crucial metric for income-seeking investors, indicating The Great Eastern Shipping Company Ltd.'s dividend distribution relative to its share count. Evaluate the DPS data for The Great Eastern Shipping Company Ltd. in the financials table or ratio section above to gain insights into the company's dividend payment history and dividend yield.

The Great Eastern Shipping Company Ltd. EPS

Earnings Per Share (EPS) offers valuable insights into The Great Eastern Shipping Company Ltd.'s profitability on a per-share basis. By dividing the net income by the number of outstanding shares, EPS helps investors assess the company's earnings potential and growth prospects. Find the EPS data for The Great Eastern Shipping Company Ltd. in the financials table or ratio section above to evaluate the company's financial performance in terms of earnings generated for shareholders per share.

Read More
X