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The Great Eastern Shipping Company Limited

The Great Eastern Shipping Company Limited

GESHIP.BO
The Great Eastern Shipping Company LimitedIN flagBombay Stock Exchange
1,410.55
INR
-29.85
- -
201.38BMarket Cap
The Great Eastern Shipping Company Limited
GESHIP.BO
(Bombay Stock Exchange)

Recent

price

1,410.55

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
161
194.07
197.42
203.99
228.02
252.54
206.72
201.51
235.26
248.07
224.68
237.06
396.47
362.52
372.81
378.88
378.87
Revenue per Share
30.78
20.79
35.31
37.87
49.63
72.76
50.07
-13.96
-1.42
13.94
62.5
42.99
180.36
183.11
164.2
206.11
206.1
Basic EPS, GAAP
-101.04
-49.4
-11.88
48.48
-7.02
87.61
-39.04
29.22
19.61
80.52
45.46
51.1
175.76
137.49
103.1
33.72
- -
Free Cash Flow per Basic Share
12.14
7.76
6.93
8.48
8.98
20.73
3.6
6.5
7.2
11.13
2.7
13.55
25.2
34.5
35.1
28.8
- -
Dividend per Share
233.53
241.64
10
9.95
133.16
169.07
168.6
147.06
136.12
140.27
188.59
205.31
331.16
450.95
557.3
10
10
Book Value per Share
398.26
396.36
416.21
446.74
378.9
435.26
479
459.38
451.56
457.21
524.19
549.64
719.32
867.3
997.41
1,186.84
1,186.79
Tangible Book Value per Share
152
152
152
152
151
151
151
151
151
149
147
146
143
143
143
143
143
Basic Weighted Avg Shares
24,518
29,555
30,067
30,919
34,380
38,078
31,169
30,384
35,471
36,867
33,021
34,720
56,603
51,756
53,225
54,091
54,091
Sales/Revenue/Turnover
27.57
18.48
19.24
25.16
25.12
40.48
30.08
13.23
13.57
21.73
24.08
20.88
42.13
40.71
34.81
36.57
36.57
Operating Margin (%)
4,204
5,483
5,924
6,580
6,100
6,079
6,779
7,687
7,726
7,428
7,004
6,979
7,120
7,261
8,132
8,891
- -
Depreciation Expense
4,687
3,166
5,378
5,740
7,482
10,970
7,550
-2,105
-214
2,071
9,185
6,297
25,750
26,142
23,443
29,425
29,425
Net Income, GAAP
10.58
15.37
7.98
9.35
6.25
9.17
14.36
366.78
150.91
11.87
2.56
- -
- -
2.98
4.77
2.75
2.75
Effective Tax Rate (%)
19.12
10.71
17.89
18.56
21.76
28.81
24.22
-6.93
-0.6
5.62
27.82
18.14
45.49
50.51
44.04
54.4
54.4
Profit Margin (%)
22,979
22,037
22,354
14,102
18,941
21,576
25,698
28,774
22,557
30,923
34,843
34,614
50,595
66,828
77,043
84,541
84,541
Working Capital
51,663
56,725
56,894
49,760
54,197
49,077
57,704
53,614
48,430
47,974
44,240
40,005
30,383
24,148
14,894
6,285
6,285
LT Debt
60,683
60,397
63,418
67,728
57,141
65,635
72,233
69,277
68,097
67,956
77,043
80,513
102,754
123,974
142,592
169,625
169,625
Total Equity
5.42
3.91
4.18
5.44
6.46
11.41
6.08
-7.88
-1.89
5.66
6.22
- -
- -
13.88
11.02
11.13
11.13
Return on Invested Capital (%)
9.63
5.98
9.87
13.45
13.71
15.99
11.72
-14.69
-2.92
6.78
16.09
- -
- -
31.94
26.21
54.19
54.19
Return on Capital (%)
25.28
8.75
28.06
378.72
69.33
48.15
29.66
-8.85
-1
10.01
37.83
21.79
66.58
46.82
32.57
72.66
72.66
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
4,529
- -
4,587
LT Borrowings
7,994
- -
5,997
LT Finance Leases
15
- -
288
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
143
- -
143
Market Capitalization
141,845
161,690
201,821

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
93,406
- -
98,326
Cash, Cash Equivalents & STI
84,084
- -
86,512
Accounts Receivable, Net
4,292
- -
6,392
Inventories
2,677
- -
2,859
Total Current Liabilities
12,294
- -
13,785
Payables & Accruals
- -
- -
- -
ST Debt
4,529
- -
4,587
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.42%
17.35%
18.96%
Free Cash Flow
4.15%
26.64%
-67.3%
Net Income, GAAP
-67.69%
58.84%
25.52%
Sales/Revenue/Turnover
5.37%
12.82%
1.63%
Total Cash Common Dividend
48.71%
100.41%
-17.95%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
12,837
12,290
12,451
14,178
51,756
2025
15,082
13,544
12,369
12,230
53,225
2026
12,015
12,418
14,544
15,114
54,091

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
40.36
41.65
37.7
- -
183.11
2025
56.87
40.32
41.58
25.43
164.2
2026
35.34
40.72
56.91
73.13
206.11

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
34.5
2025
- -
- -
- -
- -
35.1
2026
- -
- -
- -
- -
28.8
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Business
The Great Eastern Shipping Company Limited (GE Shipping) is India's largest private sector shipping company, founded in 1948 and headquartered in Mumbai, India. The company operates a diversified fleet serving global markets, primarily transporting crude oil, petroleum products, liquefied gas, and dry bulk commodities through its shipping segment; it also provides offshore exploration and production services, including exploratory drilling rigs, anchor handling tug supply vessels, platform supply vessels, and multi-purpose support vessels, via its wholly owned subsidiary Greatship (India) Limited. As of late 2025, GE Shipping's fleet comprises approximately 41 vessels aggregating around 3.37 million deadweight tons, including crude tankers, product tankers, gas carriers, and dry bulk carriers such as Kamsarmax and Capesize vessels, with operations spanning international routes and certifications under ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 standards. In recent developments, the company contracted in September 2025 to acquire a 2016-built Kamsarmax dry bulk carrier of about 81,922 dwt, alongside additional secondhand Kamsarmax bulk carriers and a Suezmax crude tanker in July and August 2025, all expected to join the fleet by Q3 FY26 to enhance capacity and diversification; it also sold its 2005-built Suezmax crude tanker Jag Lok in September 2025 and entered a Rs 425 crore term loan agreement with Greatship (India) Limited in 2025 to support subsidiary operations. Further, GE Shipping acquired a medium-range product tanker in June 2024 and reported stable Q2 FY26 earnings with near-100% fleet utilization, reflecting ongoing modernization and strategic expansion amid global maritime demands.