Essar Shipping Ltd share price logo

Essar Shipping Ltd (ESSARSHPNG)

₹56.544.32%

Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹56.13
    ₹59.7
  • 52 Week's Low

    52 Week's High

    ₹10.25
    ₹71.54
1 Month Return+ 10.55 %
3 Month Return+ 101.67 %
1 Year Return+ 457.45 %
Previous Close₹59.09
Open₹56.75
Volume7.58L
Upper Circuit-
Lower Circuit-
Market Cap₹1,223.02Cr

Key Statistics

P/E Ratio-11.72
PEG Ratio0.14
Market Cap₹1,223.02 Cr
P/B Ratio-0.1
EPS0

Company Information

Essar Shipping Ltd is a leading global shipping and logistics company incorporated in the year 1998. It has its headquarter in Mumbai, India and operates in four major lines of business, namely Shipping, Logistics, Offshore, and Oil and Gas.

Essar Shipping Ltd is involved in the transportation of crude oil, petroleum products, dry bulk, and container cargo. It has a fleet of over 40 vessels, including product tankers, bulk carriers, and container vessels. The company also offers a range of logistics services, including port and terminal management, ship management, freight forwarding, and supply chain solutions.

The company's top products include crude oil, petroleum products, dry bulk cargo, and containers. Its popular brands include Essar Bulk, Essar Tankers, and Essar Logistics. Essar Shipping Ltd also owns and operates oil and gas production assets, including oil and gas fields, and a gas-fired power plant. It has operations in India, the Middle East, Africa, Europe, and the Americas.

Share Price: ₹56.54 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹1,223.02Cr as of today
Revenue: ₹2.54Cr as on March 2024 (Q1 24)
Net Profit: ₹-53.19Cr as on March 2024 (Q1 24)
Listing date: 15 Nov, 2011
Chairperson Name: N Srinivasan
OrganisationEssar Shipping Ltd
HeadquartersMumbai
IndustryShipping
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Key events for Essar Shipping Ltd

  • Shipping Industry Boost Expected in Union Budget 2024-25 - 11 Jul, 2024

    Sources suggest that the shipping industry is likely to receive a boost in the upcoming Union Budget, which could benefit shipbuilding companies like Essar Shipping. Over the past year, Essar Shipping has generated multibagger returns of 349%.

Insights on Essar Shipping Ltd

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 26.19% to 26.22% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 14.03 Cr → 69.37 Cr (in ₹), with an average increase of 47.5% per quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, ESSARSHPNG has outperformed top 5 stocks with highest market-cap in Marine Freight & Logistics

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 73.75% of holdings in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Lancer Containers Lines Ltd has given 477.6% return, outperforming this stock by 30.5%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 0.04% to 0.01% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, ESSARSHPNG stock has moved down by -13.1%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 6 quarters, 1.34K Cr → -64.4 Cr (in ₹), with an average decrease of 94.5% per quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹2.54Cr
↓1.55%
Net Income
-₹53.19Cr
↑28.63%
Net Profit Margin
-2,094.09%
↑30.66%
2023Y/Y Change
Revenue
₹60.67Cr
↓81.52%
Net Income
₹1,650.21Cr
↓2,136.54%
Net Profit Margin
2,719.98%
↓11,120.99%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹381.53Cr
↓4.92%
Total Liabilities
₹1,985.00Cr
↓46.32%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹84.33Cr
↓614.84%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
73.75%
0.00
Foreign Institutions
0.01%
-78.47
Mutual Funds
0.01%
0.00
Retail Investors
26.22%
0.12
Others
0.01%
0.00

Key Indicators

Essar Shipping Ltd Valuation

Essar Shipping Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-14.19x)

July 16, 2024

Today (-11.72x)

July 23, 2024

Industry (13.91x)

July 23, 2024

Highest (2.33x)

January 2, 2024

LowHigh

Earnings and Dividends

  • Essar Shipping Ltd Earnings Results

    Essar Shipping Ltd’s net profit fell -117.72% since last year same period to ₹-64.40Cr in the Q4 2023-2024. On a quarterly growth basis, Essar Shipping Ltd has generated -47.1% fall in its net profits since last 3-months.

    Read More about Earnings Results

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Essar Shipping Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Essar Shipping Ltd (ESSARSHPNG) share price today is ₹56.54

Essar Shipping Ltd is listed on NSE

Essar Shipping Ltd is listed on BSE

  • Today’s highest price of Essar Shipping Ltd is ₹59.7.
  • Today’s lowest price of Essar Shipping Ltd is ₹56.13.

PE Ratio of Essar Shipping Ltd is -11.72

PE ratio = Essar Shipping Ltd Market price per share / Essar Shipping Ltd Earnings per share

Today’s traded volume of Essar Shipping Ltd(ESSARSHPNG) is 7.58L.

Today’s market capitalisation of Essar Shipping Ltd(ESSARSHPNG) is ₹1223.02Cr.

Essar Shipping Ltd(ESSARSHPNGPrice
52 Week High
₹71.54
52 Week Low
₹10.25

Essar Shipping Ltd(ESSARSHPNG) share price is ₹56.54. It is down -20.97% from its 52 Week High price of ₹71.54

Essar Shipping Ltd(ESSARSHPNG) share price is ₹56.54. It is up 451.61% from its 52 Week Low price of ₹10.25

Essar Shipping Ltd(ESSARSHPNGReturns
1 Day Returns
-2.55%
1 Month Returns
10.55%
3 Month Returns
101.67%
1 Year Returns
457.45%