GE Shipping
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GE Shipping share price

The Great Eastern Shipping Company Ltd.

NSE: GESHIP BSE: 500620 SECTOR: Shipping  68k   267   38

1023.00
-8.05 (-0.78%)
NSE: Today, 02:34 PM

Price Summary

Today's High

₹ 1035.8

Today's Low

₹ 1017.55

52 Week High

₹ 1071.95

52 Week Low

₹ 630

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

₹ 14605.08 Cr.

Enterprise Value

₹ 14221.52 Cr.

No. of Shares

14.28 Cr.

P/E

6.57

P/B

1.49

Face Value

₹ 10

Div. Yield

2.81 %

Book Value (TTM)

₹  686.79

CASH

₹ 2914.51 Cr.

DEBT

₹ 2530.95 Cr.

Promoter Holding

30.07 %

EPS (TTM)

₹  155.63

Sales Growth

70.72%

ROE

31.17 %

ROCE

25.15%

Profit Growth

189.77 %

Add Your Ratio

* 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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Index Presence

The company is present in 18 Indices.

NIFTY500

Nifty 500
20684.80078125
  109.950781250001 (0.534394084282508%)

NIFTYMIDSMALL400

Nifty MidSmallcap 400
17426.75
  185.849999999999 (1.07795996728708%)

NIFTYSMALL

NIFTY Smallcap 100
16687.650390625
  203.450390624999 (1.23421452436272%)

NIFTYSMALLCAP250

Nifty Smallcap 250
15489.0498046875
  151.0498046875 (0.984807697793055%)

NY500MUL50:25:25

Nifty500 Multicap 50:25:25
14332.849609375
  100.549609375001 (0.706488827350471%)

NIFTYTOTALMCAP

Nifty Total Market index
11629.650390625
  63.5503906249996 (0.549453926777388%)

NIFTYSMALLCAP50

Nifty Smallcap 50
7759.7001953125
  83.9501953125 (1.09370674282643%)

NIFTY500VAL50

NIFTY500 Value 50
13438.66
  115.91 (0.870015574862548%)

NIFTYTRANSLOG

Nifty Transportation & Logistics index
20954.19
  214.669999999998 (1.03507699310301%)

SMLCAP

S&P Bse Small Cap
46515.26
  507.060000000005 (1.10210788511613%)

BSE500

S&P Bse 500
32644.78
  154.899999999998 (0.476763841540806%)

MSL400

S&P Bse 400 MidSmallCap
10583.19
  92.1900000000005 (0.878753217043182%)

ALLCAP

S&P Bse Allcap
9529.03
  49.5500000000011 (0.522707996641181%)

SMLSEL

S&P Bse SmallCap Select Index
6836.56
  74.3900000000003 (1.10009065137375%)

SML250

S&P Bse 250 SmallCap
6230.57
  60.8199999999997 (0.985777381579478%)

SERVICES

S&P BSE Services
1416.09
  7.55999999999995 (0.536729782113254%)

BSEINFRA

S&P Bse Infrastructure
586.74
  7.02999999999997 (1.21267530316882%)

S&P MIDSMLCAP

S&P Bse MidSmallCap
11534.18
  125.800000000001 (1.10269819203077%)

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.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* 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 Year70.72%
3 Year18.98%
5 Year18.59%

Profit Growth

1 Year189.77%
3 Year103.11%
5 Year71.14%

ROE%

1 Year31.17%
3 Year20.81%
5 Year13.52%

ROCE %

1 Year25.15%
3 Year16.72%
5 Year12.23%

Debt/Equity

0.2971

Price to Cash Flow

5.41

Interest Cover Ratio

10.2152391975309

CFO/PAT (5 Yr. Avg.)

1.57409041016559

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 30.07 0
Dec 2023 30.07 0
Sep 2023 30.07 0
Jun 2023 30.07 0
Mar 2023 30.07 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 103.112853617624% for the Past 3 years.
  • The company has shown a good revenue growth of 18.9762802121449% for the Past 3 years.
  • Company has been maintaining healthy ROE of 20.8118197126015% over the past 3 years.
  • Company has a healthy Interest coverage ratio of 10.2152391975309.
  • The Company has been maintaining an effective average operating margins of 38.9211289970726% in the last 5 years.
  • Company’s PEG ratio is 0.0346367212421515.
  • The company has an efficient Cash Conversion Cycle of 34.0632795016153 days.
  • Company has a healthy liquidity position with current ratio of 5.09643874643875.
  • The company has a good cash flow management; CFO/PAT stands at 1.57409041016559.

 Limitations

  • Tax rate is low at 1.53144742295664.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 1212.78 1213.41 1041.3 972.45 996.18
Total Expenditure 507.76 460.37 367.07 495.91 430.45
Operating Profit 705.02 753.04 674.23 476.54 565.73
Other Income 91.31 54.55 71.65 246.33 120.35
Interest 63.83 57.33 49.34 53.17 50.3
Depreciation 117.46 103.78 113.27 118.64 125.19
Exceptional Items 0 0 0 0 0
Profit Before Tax 615.04 646.48 583.27 551.06 510.59
Tax 11.36 14.16 16.98 15.51 22.82
Profit After Tax 603.68 632.32 566.29 535.55 487.77
Adjusted EPS (Rs) 42.28 44.29 39.66 37.51 34.16

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

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 2651.27 2870.76 2674.12 2832.03 4834.82
Total Expenditure 2048.79 2055.11 1477.22 1606.73 2154.17
Operating Profit 602.48 815.65 1196.9 1225.3 2680.65
Other Income 262.14 298.14 559.92 275.23 417.23
Interest 361.64 317.52 252.3 234.04 259.2
Depreciation 509.45 476.74 438.65 435.94 450.09
Exceptional Items 0 0 0 0 0
Profit Before Tax -6.47 319.53 1065.87 830.55 2388.59
Provision for Tax 13 38.84 35.74 18.88 36.58
Net Profit -19.47 280.69 1030.13 811.67 2352.01
Adjusted EPS (Rs.) -1.29 19.1 70.09 56.85 164.74

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 150.78 146.97 146.97 142.77 142.77
Total Reserves 4914.94 4920.08 5951.02 6428.66 8377.48
Borrowings 3307.69 3319.11 3241.03 2970.52 2222.29
Other N/C liabilities 387.77 769.44 449.11 307.24 300.97
Current liabilities 1579.55 850.19 1056.39 1119.32 982.8
Total Liabilities 10340.73 10005.79 10844.52 10968.51 12026.31
Assets
Net Block 5535.71 5195.84 5369.13 5427.23 5148.75
Capital WIP 13.36 108.84 24.01 22.71 27.03
Intangible WIP 0.12 0.12 0.12 0.96 0
Investments 1684.74 1685.82 1687.08 1688.32 1689.64
Loans & Advances 187.82 103.32 115.71 74.59 103.13
Other N/C Assets 71.17 0 9.74 16.61 48.98
Current Assets 2847.81 2911.85 3638.73 3738.09 5008.78
Total Assets 10340.73 10005.79 10844.52 10968.51 12026.31
* 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 -6.47 319.53 1065.87 830.55 2388.59
Adjustment 799.12 885.74 168.3 441.97 531.32
Changes in Assets & Liabilities -92.33 -21.53 102.12 -98.56 -184.25
Tax Paid -26.49 -41.58 8.2 -20.86 -36.62
Operating Cash Flow 673.83 1142.16 1344.49 1153.1 2699.04
Investing Cash Flow 503.85 696.22 -977.19 -520.55 125.06
Financing Cash Flow -701.31 -1410.64 -101.83 -983.12 -1622.79
Net Cash Flow 476.37 427.74 265.47 -350.57 1201.31

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 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
bharat kanaiyalal sheth - - - 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
ravi kanaiyalal sheth 0.54 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 -
bharat kanaiyalal sheth .... 0.36 0.36 0.36 - -
bharat k. sheth (trustee ... 10.93 10.93 - - -
ravi k. sheth (trustee of... 11.14 11.14 - - -
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 69.93 69.93 69.93 69.93 69.93
abu dhabi investment auth... 2.15 - 1.70 - 1.27
canara robeco mutual fund... - - - - 1.14
city of new york group tr... 1.54 1.59 1.60 1.51 1.51
fidelity funds - india fo... - - 1.11 1.11 1.03
hdfc mutual fund - hdfc s... - - - - 6.39
icici prudential value di... - - - - 2.85
investor education and pr... - - 0.61 0.61 0.61
kotak small cap fund 1.47 1.70 1.88 2.00 2.00
nalanda india equity fund... 7.37 7.37 7.37 7.37 7.37
uti large & mid cap fund - - - - 2.06
abu dhabi investment auth... - 1.70 - 1.70 -
government pension fund g... 1.01 1.01 1.01 1.01 -
hdfc trustee company ltd.... 7.21 7.11 7.08 6.77 -
icici prudential mnc fund... 5.26 - - 3.27 -
uti transportation and lo... - - - 1.43 -
icici prudential india op... - 4.45 3.74 - -
investor education and pr... 0.55 0.61 - - -
fidelity funds - asian sm... 1.21 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

G E Shipping takes delivery of 2010 built medium range product tanker ‘Jag Priya’12 Apr 2024, 12:14PM The Great Eastern Shipping Company informs about notice of postal ballot3 Apr 2024, 2:28PM The Great Eastern Shipping Company informs about issuance of duplicate share certificate 2 Apr 2024, 11:40AM G E Shipping contracts to sell 2004 built medium range product tanker ‘Jag Pahel’1 Apr 2024, 2:50PM G E Shipping contracts to buy medium range product tanker1 Apr 2024, 11:09AM Great Eastern Shipping Co informs about closure of trading window 28 Mar 2024, 12:43PM The Great Eastern Shipping Company informs about issuance of duplicate share certificate19 Mar 2024, 2:09PM The Great Eastern Shipping Company informs about proposal to incorporate of WOS15 Mar 2024, 1:09PM G E Shipping gets nod to incorporate wholly owned subsidiary15 Mar 2024, 12:06PM Great Eastern Shipping Co informs about details of loss of certificate27 Feb 2024, 4:53PM The Great Eastern Shipping Company informs about issuance of duplicate share certificate21 Feb 2024, 12:24PM G E Shipping contracts to buy medium range product tanker14 Feb 2024, 4:14PM The Great Eastern Shipping Company informs about issuance of duplicate share certificate13 Feb 2024, 2:20PM GE Shipping - Quaterly Results31 Jan 2024, 4:22PM GE Shipping - Quaterly Results31 Jan 2024, 4:22PM GE Shipping - Quaterly Results31 Jan 2024, 4:22PM G E Shipping delivers 2004 built medium range product tanker ‘Jag Prabha’25 Jan 2024, 3:45PM The Great Eastern Shipping Company informs about board meeting 24 Jan 2024, 4:59PM Great Eastern Shipping Co. informs about disclosure28 Dec 2023, 10:24AM The Great Eastern Shipping Company informs about issuance of duplicate share certificate19 Dec 2023, 5:33PM Great Eastern Shipping Co informs about press release 15 Dec 2023, 4:29PM G E Shipping contracts to sell medium range product tanker ‘Jag Prabha’15 Dec 2023, 11:59AM The Great Eastern Shipping Company informs about press release11 Dec 2023, 12:41PM G E Shipping takes delivery of dry bulk carrier ‘Jag Amaira’11 Dec 2023, 11:55AM The Great Eastern Shipping Company informs about issuance of duplicate share certificate8 Dec 2023, 3:33PM The Great Eastern Shipping Company informs about issuance of duplicate share certificate5 Dec 2023, 5:28PM Great Eastern Shipping Co informs about details of loss of certificate22 Nov 2023, 4:43PM Great Eastern Shipping Co informs about details of loss of certificate 10 Nov 2023, 4:09PM The Great Eastern Shipping Company informs about transcripts of earnings call3 Nov 2023, 11:04AM Great Eastern Shipping Company informs about details of loss of certificate1 Nov 2023, 5:00PM GE Shipping - Quaterly Results27 Oct 2023, 7:35PM GE Shipping - Quaterly Results27 Oct 2023, 7:35PM G E Shipping contracts to buy Kamsarmax dry bulk carrier27 Oct 2023, 4:44PM G E Shipping takes delivery of 2008 built Medium Range Product Tanker ‘Jag Parth’27 Oct 2023, 12:59PM The Great Eastern Shipping Company informs about press release27 Oct 2023, 12:44PM G E Shipping delivers supramax dry bulk carrier ‘Jag Rohan’12 Oct 2023, 4:00PM G E Shipping contracts to sell supramax dry bulk carrier ‘Jag Rohan’27 Sep 2023, 4:21PM Great Eastern Shipping Co informs about details of loss of certificate 22 Sep 2023, 12:57PM G E Shipping contracts to buy Medium Range product tanker16 Sep 2023, 12:33PM The Great Eastern Shipping Co informs about investor meet 28 Aug 2023, 12:25PM Great Eastern Shipping Co informs about postal ballot notice21 Aug 2023, 5:06PM GE Shipping - Quaterly Results3 Aug 2023, 2:12PM GE Shipping - Quaterly Results3 Aug 2023, 2:12PM GE Shipping - Quaterly Results3 Aug 2023, 2:12PM The Great Eastern Shipping Company informs about issuance of duplicate share certificate26 Jul 2023, 5:15PM The Great Eastern Shipping Company informs about issuance of duplicate share certificate13 Jul 2023, 2:19PM The Great Eastern Shipping Company submits certificate 11 Jul 2023, 3:33PM Great Eastern Shipping Co informs about issue of duplicate share certificate6 Jul 2023, 4:38PM The Great Eastern Shipping Co informs about press release6 Jul 2023, 4:23PM G E Shipping delivers 2004 built Aframax Crude Carrier 'Jag Lavanya'6 Jul 2023, 4:00PM

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 find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. 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 6.59017908144219 which is low and comparatively undervalued .

  • Share Price: - The current share price of GE Shipping is Rs 1025.65. 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 20.4568681120357 % 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 5.09643874643875 .

  • 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 31.1696245878524 % .(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 D/E ratio of 0.2971 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. GE Shipping has an Inventory turnover ratio of 38.7762762160645 which shows that the management is efficient in relation to its Inventory and working capital management.

  • Sales growth: - GE Shipping has reported revenue growth of 70.7192367312493 % 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 GE Shipping for the current financial year is 55.4446701221555 %.

  • 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 28.8 and the yield is 2.8009 %.

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.

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