Essex Marine Ltd.

Essex Marine Ltd.

BBSE:ESSEX
41.89
INR
+3.49
(+9.09%)
310.89MMarket Cap
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
39.18
14.35
12.55
24.39
44.09
- -
Basic EPS, GAAP
1.13
1.33
1.19
2.62
4.63
- -
Free Cash Flow per Basic Share
3.99
4.91
2.91
-3.56
-5.73
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
Book Value per Share
6
7.33
8.53
10.3
26.25
26.25
Tangible Book Value per Share
6
7.33
8.53
10.3
26.25
26.25
Basic Weighted Avg Shares
15
15
15
15
14
15
Sales/Revenue/Turnover
598
219
192
372
607
- -
Operating Margin (%)
8.22
24.19
16.87
20.26
15.22
- -
Depreciation Expense
6
6
6
7
7
- -
Net Income, GAAP
17
20
18
40
64
- -
Effective Tax Rate (%)
36.34
29.02
29.56
35.25
26.39
- -
Profit Margin (%)
2.89
9.25
9.52
10.75
10.5
- -
Working Capital
20
28
20
120
265
265
LT Debt
133
116
88
193
139
139
Total Equity
92
112
130
157
401
401
Return on Invested Capital (%)
- -
11.29
7.59
13.43
12.88
- -
Return on Capital (%)
- -
10.72
10.09
15.5
14.85
- -
Return on Common Equity (%)
- -
19.91
15.06
27.86
22.85
- -

Capital Structure

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
78
32
81
LT Borrowings
164
95
110
LT Finance Leases
29
30
29
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
15
15
15
Market Capitalization
- -
413
311

Working Capital

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
222
325
366
Cash, Cash Equivalents & STI
5
19
38
Accounts Receivable, Net
73
26
61
Inventories
113
196
199
Total Current Liabilities
101
52
101
Payables & Accruals
- -
- -
- -
ST Debt
78
32
81
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
154.83%
Free Cash Flow
- -
- -
45.22%
Net Income, GAAP
- -
- -
59.23%
Sales/Revenue/Turnover
- -
- -
63.04%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
192
2025
- -
- -
372
2026
- -
280
607

Semi-annual Earnings Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1.19
2025
- -
- -
2.62
2026
- -
2.15
4.63

Semi-annual Dividends Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Debashish Sen
Sector
Consumer non-durables
Industry
Food: meat/fish/dairy
Address
Kolkata India
IPO Date
Aug 11, 2025
Business
Essex Marine Ltd. is an India-based seafood processing and export enterprise engaged in the procurement, processing, freezing, cold chain warehousing, and international distribution of marine and aquaculture seafood products. Founded in 2009 and headquartered in Kolkata, West Bengal, India, the company supplies commercial seafood importers, wholesalers, and institutional food service providers across global markets under its proprietary Essex brand. The company operates across distinct product and service categories, comprising frozen marine finfish, including silver pomfret, black pomfret, ribbon fish, croaker, Indian mackerel, sole fish, eel, and reef cod; aquaculture and wild-caught crustaceans, specializing in value-added, raw, and frozen Litopenaeus vannamei (whiteleg shrimp) and black tiger shrimp; cephalopod products, including whole, cleaned, tube, and ring-cut squid, cuttlefish, and octopus; and temperature-controlled preservation and commercial cold storage services operated through its De Sens Cold Storage facility in Kolkata and its integrated seafood processing complex in Shankarpur, Purba Medinipur, West Bengal, equipped with plate freezers, blast freezers, and cold storage chambers. Geographically, Essex Marine Ltd. exports its products across Asia, Europe, North America, and the Middle East, serving major export destinations including China, Japan, Thailand, Vietnam, Belgium, the United States, and Israel. In recent major corporate and operational developments, the company completed a structural reorganization in February 2025, transitioning from a private entity, Essex Marine Private Limited (originally incorporated as Rajsen Impex Private Limited), to a public limited company. In August 2025, Essex Marine Ltd. completed its Initial Public Offering on the BSE SME platform (BSE: ESSEX / 544475), raising approximately INR 23.01 crore via a fresh issue of 4.262 million equity shares to finance working capital needs, enhance cold chain logistics infrastructure, and support the expansion of its seafood processing capacity.