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Essar Shipping

ESSARSHPNG NSE
₹17.34 +0.29 (+1.70%)
P/E
Not meaningful: last twelve months’ earnings are mostly a one-off item
View as Markdown
MCP
Close 4 Nov 2026 ₹17.34 −17.00 −49.5% 1Y
Start ₹34.34

Key Fundamentals

MicrocapTransport ServicesServices

Price-based figures as of · EPS basis: Consolidated · TTM

ROCE
—
Debt to Equity
Not meaningful: shareholders’ equity is negative
EPS (TTM)
₹4.39
Book Value
−₹100.16
Market Cap
—
P/E (TTM)
Not meaningful: last twelve months’ earnings are mostly a one-off item
P/B
Not meaningful: book value is negative
ROE
Not meaningful: shareholders’ equity is negative
Dividend Yield
0.00%
EBITDA
₹80.20 Cr
52W High
₹36.05
52W Low
₹14.12
Day Range
₹16.70 – ₹17.50
Volume
1,08,873

Peer Comparison

Services › Transport Services › Shipping

Essar Shipping peer comparison
₹1,571.805.99₹21,976 Cr1.320.94%15.90%15.80%₹6,213 Cr₹3,747 Cr
₹871.1588.89₹13,897 Cr18.460.12%29.90%27.90%₹757 Cr₹159 Cr
₹268.077.72₹12,216 Cr1.372.90%15.00%13.90%₹6,310 Cr₹1,618 Cr
₹1,547.4015.32₹3,998 Cr3.020.13%21.20%19.70%₹1,038 Cr₹259 Cr
₹285.70—₹700 Cr2.250.00%29.00%20.70%——
Essar Shipping (this company)
₹17.34—₹357 Cr—0.00%——₹0 Cr₹90 Cr
₹160.32—₹346 Cr0.520.96%−10.80%−4.53%₹510 Cr−₹36 Cr
Median 7 companies₹285.7011.52₹3,998 Cr1.810.13%18.55%17.75%₹898 Cr₹209 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

32 Poor

Data confidence 93/100

Category scores

Quality
8
Poor
Returns, margins, earnings quality 22% weight
Valuation
56
Good
Cheap vs sector & own history 24% weight
Growth
3
Poor
Sales & profit trajectory 9% weight
Financial Health
22
Poor
Solvency, leverage, coverage 9% weight
Momentum
20
Poor
Trend strength, vol-adjusted 12% weight
Ownership
52
Average
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

No strengths listed

Weaknesses

5
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -67.2% over past five years.
  • Contingent liabilities of Rs.363 Cr.
  • Earnings include an other income of Rs.209 Cr.
  • Company has high debtors of 262 days.

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallBullish568
OscillatorsBullish162
Moving AveragesStrong Bullish406

Key readings

RSI (14)
58.64
Neutral
MACD (12,26,9)
0.05
Bullish
SMA (50)
16.32
Bullish
SMA (200)
21.99
Bearish

As of

Growth Rate

From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
10Y−49.12%
5Y−66.47%
3Y−67.99%
1Y−80.00%
TTM−100.00%

Net profit

Net profit growth by window
10YLoss narrowed by ₹438 Cr
5YLoss narrowed by ₹509 Cr
3YTurned to loss
1YTurned to loss
TTM−87.53%

Operating cash flow

Operating cash flow growth by window
10YTurned negative
5YTurned negative
3YTurned negative
1YTurned negative
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
10Y−816.22 pp
5Y−806.36 pp
3Y−852.46 pp
1Y−300.00 pp
TTMNo sales

Revenue by year

Revenue by year, ₹ crore
Mar 2017₹2,194 Cr
Mar 2018₹1,208 Cr
Mar 2019₹1,309 Cr
Mar 2020₹1,344 Cr
Mar 2021₹472 Cr
Mar 2022₹328 Cr
Mar 2023₹61.00 Cr
Mar 2024₹20.00 Cr
Mar 2025₹10.00 Cr
Mar 2026₹2.00 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2017−₹583 Cr
Mar 2018−₹1,685 Cr
Mar 2019−₹3,771 Cr
Mar 2020−₹1,687 Cr
Mar 2021−₹621 Cr
Mar 2022−₹78.00 Cr
Mar 2023₹1,650 Cr
Mar 2024−₹104 Cr
Mar 2025₹660 Cr
Mar 2026−₹112 Cr

Quarterly Results

₹ Cr
ESSARSHPNG quarterly results, ₹ crore
Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
11
12
3
3
3
148
3
−143
2
0
0
0
0
Expenses
8
25
19
34
7
154
11
−113
6
3
5
4
3
Operating Profit
3
−13
−17
−32
−4
−6
−8
−30
−5
−3
−4
−4
−3
OPM %
23%
−113%
−641%
Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.
−175%
−4.4%
−267%
—
−279%
Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.
Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.
Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.
Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.
Other Income
46
−3
2
23
−1
677
68.94
64
48
6
−50
−4
258
Interest
11
10
16
45
29
28
23
21
16
18
33
28
25
Depreciation
11
11
11
0
0
0
0
0
0
0
0
0
0
PBT
26
−37
−41
−53
−35
642
39
13
27
−16
−88
−36
230
Tax %
0%
−2%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
Net Profit
26
−36
−41
−53
−35
642
40
13
27
−16
−88
−36
230
EPS (₹)
1.26
−1.74
−2.12
−3.11
−1.69
31.04
1.92
0.62
1.32
−0.76
−4.26
−1.72
11.13

Profit & Loss

₹ Cr
ESSARSHPNG profit and loss, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
1,911
1,720
2,194
1,208
1,309
1,344
472
328
61
20
10
2
0
Expenses
1,684
1,441
1,815
962
977
1,084
442
265
28
87
60
18
14
Operating Profit
227
279
379
246
332
261
30
63
32
−67
−50
−16
−14
OPM %
12%
16%
17%
20%
25%
19%
6%
19%
53%
−331%
−483%
−898%
Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.
Other Income
243
199
−69
−1,201
−3,430
−1,342
13
319
1,764
75
807
−1
209
Interest
477
542
467
387
396
433
489
356
132
81
101
94
103
Depreciation
424
464
390
304
282
172
174
106
41
32
1
1
1
PBT
−432
−528
−547
−1,646
−3,776
−1,686
−620
−81
1,624
−105
657
−112
91
Tax %
6%
4%
7%
0%
0%
0%
0%
0%
−2%
−1%
0%
0%
—
Net Profit
−459
−550
−583
−1,685
−3,771
−1,687
−621
−78
1,650
−104
660
−112
91
EPS (₹)
−22.36
−26.58
−28.19
−80.44
−182
−81.24
−29.97
−3.79
79.73
−5.71
31.89
−5.41
4.39
Div. Payout %
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
—

Balance Sheet

₹ Cr
ESSARSHPNG balance sheet, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
205
207
207
207
207
207
207
207
207
207
207
207
Reserves
6,675
3,126
2,428
1,163
−2,117
−4,428
−5,020
−5,121
−2,949
−3,014
−2,587
−2,280
Borrowings
5,142
5,324
5,613
4,628
4,771
4,641
4,599
3,912
2,704
2,642
1,631
1,615
Other Liabilities
1,430
1,506
1,248
1,647
1,701
1,925
2,298
2,171
1,085
1,076
1,048
775
Total Liabilities
13,452
10,163
9,496
7,645
4,563
2,345
2,084
1,170
1,047
911
300
317
Fixed Assets
9,814
6,449
5,835
5,253
3,149
1,003
884
112
58
26
27
44
CWIP
78
79
137
78
11
11
16
0
0
0
180
228
Investments
63
0
37
0
42
0
6
40
38
0
0
0
Other Assets
3,497
3,635
3,487
2,314
1,361
1,332
1,178
1,018
951
885
92
45
Total Assets
13,452
10,163
9,496
7,645
4,563
2,345
2,084
1,170
1,047
911
300
317

Cash Flow

₹ Cr
ESSARSHPNG cash flow, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
559
345
274
487
157
210
97
140
514
−46
531
−130
Investing
379
26
13
719
64
75
−22
478
463
111
−335
340
Financing
−961
−374
−285
−1,188
−236
−263
−86
−627
−969
−71
−211
−212
Net Cash Flow
−23
−2
2
18
−15
22
−12
−9
7
−6
−15
−2
Free Cash Flow
721
371
306
677
196
177
41
551
560
−47
351
−177
CFO/OP
248
140
75
201
53
88
129
200
1,465
71
−1,081
820

Ratios

ESSARSHPNG financial ratios, annual
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
58
71
20
30
43
20
23
27
79
337
538
262
Cash Conversion Cycle
58
71
20
30
43
20
23
27
79
337
538
262
Working Capital Days
−152
−52
−458
−631
−835
−831
−2,899
−3,503
Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.
Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.
Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.
Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.
ROCE %
0%
0%
1%
0%
2%
13%
−30%
—
—
−208%
—
—

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Essar Shipping insights

58 extracted metrics across FY10–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 73.75%
  • Public 24.16%
  • Others 1.94%
  • FIIs 0.13%
  • DIIs 0.02%

No promoter shares pledged as of Sep 2026

Change since Jun 2026

Documents

Frequently Asked Questions about Essar Shipping

What does Essar Shipping Ltd do?
Incorporated in 2010, Essar Shipping Ltd is in the business of fleet operating and chartering activities and operates in international and coastal voyages
Where is Essar Shipping Ltd (ESSARSHPNG) listed?
Essar Shipping Ltd trades as ESSARSHPNG on the NSE and under code 533704 on the BSE.
Which sector does Essar Shipping Ltd belong to?
Essar Shipping Ltd is classified under the Transport Services sector, in the Shipping industry.
What is the 52-week high and low of Essar Shipping Ltd?
Over the last 52 weeks Essar Shipping Ltd has traded between ₹14.12 and ₹36.05 as of 4 Nov 2026.

Company Information

Incorporated in 2010, Essar Shipping Ltd is in the business of fleet operating and chartering activities and operates in international and coastal voyages

Website essar.com
CEO Mr. Vipin Jain
Listed 15 Nov 2011
Face Value ₹10

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