₹20.61
▲ +0.35 +1.73%
17 Jul 2026
NSE Listed
Essar Shipping Ltd. (ESSARSHPNG)
Volume: 3,29,563Avg Vol 1W: 7,04,346.8Avg Vol 1M: 2,65,061.452W Range:₹18.61₹43.26
Key Ratios
Checked 23h agoMarket Cap₹419 Cr
Current Price₹20.61
Previous Close₹20.26
High / Low (52w)₹43.26 / ₹18.61
Volume3,29,563
Avg Vol (1W)7,04,346.8
Avg Vol (1M)2,65,061.4
Stock P/E-4.34
Book Value₹-100.16
Dividend Yield0%
ROE70.8%
ROA-35.35%
Revenue (TTM)₹247 Cr
Revenue Growth—
Profit Margin-6,295.51%
Total Debt—
Shares Outstanding21 Cr
Face Value₹10
EPS (TTM)₹-1.72
P/B0
Debt / Equity0
50 DMA₹23.29
200 DMA₹26.68
Day change+1.73%
Price Chart
₹20.61▼ 27.89% · 1Y
2025-07-172026-07-15
20-day avg volume: 2.7L shares
Pros
- Healthy return on equity of 70.8%.
- Company is almost debt-free.
Cons
- Company is loss-making at the latest annual result.
- Negative book value per share.
Quarterly Results
| Metric | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹3 Cr | ₹148 Cr | ₹3 Cr | ₹-143 Cr | ₹2 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| EBITDA | ₹4 Cr | ₹93 Cr | ₹61 Cr | ₹28 Cr | ₹43 Cr | ₹-3 Cr | ₹12 Cr | ₹28 Cr |
| Net Profit | ₹-35 Cr | ₹643 Cr | ₹40 Cr | ₹13 Cr | ₹27 Cr | ₹-16 Cr | ₹-88 Cr | ₹-36 Cr |
| EPS | — | — | — | — | — | — | — | — |
Profit & Loss (Annual)
| Metric | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1,287 Cr | ₹1,366 Cr | ₹1,494 Cr | ₹508 Cr | ₹553 Cr | ₹165 Cr | ₹83 Cr | ₹247 Cr |
| EBITDA | ₹21 Cr | ₹107 Cr | ₹239 Cr | ₹-108 Cr | ₹182 Cr | ₹95 Cr | ₹-37 Cr | ₹187 Cr |
| Net Profit | ₹-1,665 Cr | ₹-3,775 Cr | ₹-1,681 Cr | ₹-620 Cr | ₹-78 Cr | ₹1,650 Cr | ₹-118 Cr | ₹660 Cr |
| EPS | -80.44 | -182.4 | -81.24 | -29.98 | -3.77 | 79.74 | -5.04 | 31.89 |
Balance Sheet
| Metric | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹7,645 Cr | ₹4,563 Cr | ₹2,345 Cr | ₹2,084 Cr | ₹1,170 Cr | ₹1,047 Cr | ₹911 Cr | ₹300 Cr |
| Total Liabilities | ₹6,083 Cr | ₹6,210 Cr | ₹6,305 Cr | ₹6,633 Cr | ₹5,816 Cr | ₹3,670 Cr | ₹3,585 Cr | ₹2,679 Cr |
| Equity | ₹1,562 Cr | ₹-1,648 Cr | ₹-3,960 Cr | ₹-4,549 Cr | ₹-4,646 Cr | ₹-2,624 Cr | ₹-2,674 Cr | ₹-2,380 Cr |
| Total Debt | — | — | — | — | — | — | — | — |
Cash Flow
| Metric | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating | ₹496 Cr | ₹175 Cr | ₹229 Cr | ₹38 Cr | ₹126 Cr | ₹472 Cr | ₹-48 Cr | ₹535 Cr |
| Investing | ₹719 Cr | ₹-6 Cr | ₹178 Cr | ₹-54 Cr | ₹493 Cr | ₹90 Cr | ₹57 Cr | ₹268 Cr |
| Financing | ₹-1,188 Cr | ₹-236 Cr | ₹-263 Cr | ₹-86 Cr | ₹-627 Cr | ₹-969 Cr | ₹-71 Cr | ₹-211 Cr |
| Free Cash Flow | ₹496 Cr | ₹175 Cr | ₹229 Cr | ₹38 Cr | ₹126 Cr | ₹472 Cr | ₹-48 Cr | ₹355 Cr |
Shareholding
Promoter 73.75% Institutions 0.03% Public 26.22%
Efficiency & Working Capital
ROCE-17.3%
Interest Coverage0.9
Dividend Payout—
Debtor Days538 d
Inventory Days35 d
Payable Days1072 d
Cash Conversion Cycle-498 d
Working Capital Days573 d
Shareholding Details
As of 2026-03-31
Promoter73.8%
FII0%
DII0%
Institutions0%
Public26.2%
Promoter Pledge0%
No. of Shareholders1,28,307
Shareholding Pattern
Quarterly — figures in %. Latest 12 quarters.
| Period | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 74.4% | 73.8% | 73.8% | 73.8% | 73.8% | 73.8% | 73.8% | 73.8% | 73.8% | 73.8% | 73.8% | 73.8% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 25.6% | 26.2% | 26.2% | 26.2% | 26.2% | 26.2% | 26.2% | 26.2% | 26.2% | 26.2% | 26.2% | 26.2% |
| Promoter Pledge | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 14% | 14% | 14% | 0% | 0% |
| No. of Shareholders | 1,05,303 | 1,02,708 | 1,08,331 | 1,12,595 | 1,23,972 | 1,35,076 | 1,33,207 | 1,32,524 | 1,31,305 | 1,30,956 | 1,29,753 | 1,28,307 |
Returns History (ROE / ROCE / ROA)
| Period | ROE | ROCE | ROA | P/E |
|---|---|---|---|---|
| 202503 | — | — | — | — |
Major Shareholders (>1%)
| Name | Category | Stake | Shares |
|---|---|---|---|
| Essar Shipping Mauritius Holdings Limited | Shareholding of Promoter and Promoter Group | 70.4% | 14.58 Cr |
| Imperial Consultants And Securities Private Limited | Shareholding of Promoter and Promoter Group | 3.3% | 68,78,409 |
| Essar Investment Holdings Mauritius Limited | Shareholding of Promoter and Promoter Group | 0% | 33 |
Promoter Pledges
| Holder | Pledged Shares | % of Holding | As of |
|---|---|---|---|
| Imperial Consultants And Securities Private Limited | 0 | 0% | 2026-03-31 |
| Essar Shipping Mauritius Holdings Limited | 0 | 0% | 2026-03-31 |
| Essar Investment Holdings Mauritius Limited | 0 | 0% | 2026-03-31 |
| Imperial Consultants And Securities Private Limited | 0 | 0% | 2025-12-31 |
| Essar Shipping Mauritius Holdings Limited | 0 | 0% | 2025-12-31 |
| Essar Investment Holdings Mauritius Limited | 0 | 0% | 2025-12-31 |
| Imperial Consultants And Securities Private Limited | 0 | 0% | 2025-09-30 |
| Essar Africa Steel Holdings Limited | 0 | 0% | 2025-09-30 |
| Idh International Drilling Holdco Limited | 2.14 Cr | 100% | 2025-09-30 |
| Essar Investment Holdings Mauritius Limited | 0 | 0% | 2025-09-30 |
| Imperial Consultants And Securities Private Limited | 0 | 0% | 2025-06-30 |
| Essar Africa Steel Holdings Limited | 0 | 0% | 2025-06-30 |
Board of Directors
| Name | Designation | Year |
|---|---|---|
| Suresh Ramamirtham | Chairman & Independent Directo | 2025 |
| Rajesh Desai | Executive Director | 2025 |
| Jayakumar Rajaram | Independent Non Exe. Director | 2025 |
| Sunil Modak | Independent Non Exe. Director | 2025 |
| Raichel Mathew | Non Executive Director | 2025 |
| Vipin Jain | Executive Director / Whole Time Director / CFO | 2025 |
| HABIB JAN | Company Sec. & Compli. Officer | 2025 |
Segments — Product
| Segment | Revenue | Share |
|---|---|---|
| Fleet operating and chartering | ₹0 Cr | — |
Segments — Geography
| Region | Revenue | Share |
|---|---|---|
| India | ₹0 Cr | 0.7% |
| United Arab Emirates | ₹7 Cr | 33.2% |
| Mauritius | ₹14 Cr | 66% |
Capital Structure (₹ Cr)
| Year | Face Value | Authorised | Issued | Paid-up |
|---|---|---|---|---|
| 2025 | ₹10 | 500 | 207 | 207 |
Related-Party Transactions (₹ Cr)
| Year | Subsidiaries | Associates | JV | KMP | Others | Total |
|---|---|---|---|---|---|---|
| 2025 | 854 | 6 | 0 | 1 | 1 | 1,396 |
| 2025 | 727 | 6 | 0 | 0 | 0 | 1,267 |
| 2025 | 95 | 0 | 0 | 1 | 1 | 96 |
Insider / Designated-Person Trades
3 recent disclosure(s)
Essar Shipping Mauritius Holdings Limited Mauritius f.k.a. Essar Africa Steel Holdings LimitedAcquisition · 2,14,06,365
IDH International Drilling Holdco Limited Cyprus f.k.a. Essar Shipping & Logistics LimitedDisposal · 2,14,06,365
IDH Internattional Drilling Holdco Limited CyprusRevoke · 2,14,06,365
Substantial Acquisitions (SAST)
3 disclosure(s)
Inter-se Transfer24/12/2025 · 2,14,06,365
Inter-se Transfer24/12/2025 · 2,14,06,365
Market04/01/2022 · 45,00,000
Company Information
Incorporated2010
ChairmanSuresh Ramamirtham
AuditorC N K & Associates LLP
Investor Email[email protected]
📍 EBTSL PremisesER-2 Bldg Salaya, 44KM 7 Tal Khambhalia Devbhumi, Jamnagar, Gujarat, 361305
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