Great Eastern Shipping Company Ltd (GESHIP): Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 8, 2025, 10:12 am

Market Cap	12,942 Cr.
Current Price	906
High / Low	1,544/797
Stock P/E	5.44
Book Value	945
Dividend Yield	3.18 %
ROCE	18.5 %
ROE	21.0 %
Face Value	10.0
PEG Ratio	0.21

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Great Eastern Shipping Company Ltd (GESHIP)

Competitors of Great Eastern Shipping Company Ltd (GESHIP)

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Chowgule Steamships Ltd	103 Cr.	28.3	36.5/16.2	293	15.7	0.00 %	3.05 %	%	10.0
Great Eastern Shipping Company Ltd (GESHIP)	12,942 Cr.	906	1,544/797	5.44	945	3.18 %	18.5 %	21.0 %	10.0
Shreyas Shipping & Logistics Ltd	782 Cr.	356	440/230		349	0.00 %	3.91 %	11.3 %	10.0
Shipping Corporation of India Ltd	7,345 Cr.	158	385/138	7.61	173	0.32 %	7.68 %	8.75 %	10.0
SEAMEC Ltd	2,474 Cr.	973	1,670/780	27.1	379	0.10 %	12.5 %	13.8 %	10.0
Industry Average	3,482.71 Cr	360.96		72.79	287.23	0.51%	37.03%	15.57%	10.00

All Competitor Stocks of Great Eastern Shipping Company Ltd (GESHIP)

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	939	916	1,366	1,447	1,421	1,456	1,284	1,229	1,245	1,497	1,508	1,354	1,237
Expenses	527	530	628	654	625	609	492	586	595	561	597	701	626
Operating Profit	412	386	738	793	796	847	792	643	650	937	911	654	611
OPM %	44%	42%	54%	55%	56%	58%	62%	52%	52%	63%	60%	48%	49%
Other Income	47	67	-15	253	101	95	51	232	151	229	195	225	264
Interest	76	111	93	88	85	77	62	77	67	59	61	64	61
Depreciation	184	151	179	181	184	167	180	187	194	166	197	206	205
Profit before tax	200	191	450	777	629	698	601	612	540	942	848	610	608
Tax %	-3%	1%	-1%	1%	0%	-4%	4%	3%	0%	4%	4%	6%	2%
Net Profit	205	189	457	769	627	722	576	595	538	905	812	576	594
EPS in Rs	13.97	13.23	32.01	53.85	43.93	50.57	40.36	41.65	37.70	63.40	56.87	40.32	41.58

Last Updated: February 28, 2025, 4:41 pm

Below is a detailed analysis of the quarterly data for Great Eastern Shipping Company Ltd (GESHIP) based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is ₹1,237.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,354.00 Cr. (Sep 2024) to ₹1,237.00 Cr., marking a decrease of 117.00 Cr..
For Expenses, as of Dec 2024, the value is ₹626.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 701.00 Cr. (Sep 2024) to ₹626.00 Cr., marking a decrease of 75.00 Cr..
For Operating Profit, as of Dec 2024, the value is ₹611.00 Cr.. The value appears to be declining and may need further review. It has decreased from 654.00 Cr. (Sep 2024) to ₹611.00 Cr., marking a decrease of 43.00 Cr..
For OPM %, as of Dec 2024, the value is 49.00%. The value appears strong and on an upward trend. It has increased from 48.00% (Sep 2024) to 49.00%, marking an increase of 1.00%.
For Other Income, as of Dec 2024, the value is ₹264.00 Cr.. The value appears strong and on an upward trend. It has increased from 225.00 Cr. (Sep 2024) to ₹264.00 Cr., marking an increase of ₹39.00 Cr..
For Interest, as of Dec 2024, the value is ₹61.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 64.00 Cr. (Sep 2024) to ₹61.00 Cr., marking a decrease of 3.00 Cr..
For Depreciation, as of Dec 2024, the value is ₹205.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 206.00 Cr. (Sep 2024) to ₹205.00 Cr., marking a decrease of 1.00 Cr..
For Profit before tax, as of Dec 2024, the value is ₹608.00 Cr.. The value appears to be declining and may need further review. It has decreased from 610.00 Cr. (Sep 2024) to ₹608.00 Cr., marking a decrease of 2.00 Cr..
For Tax %, as of Dec 2024, the value is 2.00%. The value appears to be improving (decreasing) as expected. It has decreased from 6.00% (Sep 2024) to 2.00%, marking a decrease of 4.00%.
For Net Profit, as of Dec 2024, the value is ₹594.00 Cr.. The value appears strong and on an upward trend. It has increased from 576.00 Cr. (Sep 2024) to ₹594.00 Cr., marking an increase of ₹18.00 Cr..
For EPS in Rs, as of Dec 2024, the value is 41.58. The value appears strong and on an upward trend. It has increased from ₹40.32 (Sep 2024) to 41.58, marking an increase of ₹1.26.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 2:38 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	3,007	3,092	3,438	3,808	3,117	3,038	3,547	3,687	3,337	3,509	5,690	5,255	5,597
Expenses	2,042	1,660	2,005	1,823	1,686	1,838	2,480	2,470	1,683	1,969	2,563	2,234	2,485
Operating Profit	965	1,432	1,433	1,985	1,431	1,200	1,067	1,217	1,653	1,540	3,128	3,022	3,112
OPM %	32%	46%	42%	52%	46%	40%	30%	33%	50%	44%	55%	58%	56%
Other Income	556	242	276	119	506	102	269	211	232	148	481	664	913
Interest	345	375	301	288	378	455	521	450	242	370	343	265	244
Depreciation	592	665	610	608	678	769	773	743	700	698	712	726	774
Profit before tax	584	633	798	1,208	882	79	42	235	943	620	2,554	2,694	3,008
Tax %	8%	9%	6%	9%	14%	367%	151%	12%	3%	-2%	-1%	3%
Net Profit	538	574	748	1,097	755	-210	-21	207	919	630	2,575	2,614	2,886
EPS in Rs	35.30	38.07	49.63	72.76	50.07	-13.96	-1.42	14.09	62.50	44.09	180.36	183.11	202.17
Dividend Payout %	21%	24%	22%	19%	20%	-52%	-380%	57%	14%	22%	16%	24%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	6.69%	30.31%	46.66%	-31.18%	-127.81%	90.00%	1085.71%	343.96%	-31.45%	308.73%	1.51%
Change in YoY Net Profit Growth (%)	0.00%	23.62%	16.34%	-77.83%	-96.64%	217.81%	995.71%	-741.75%	-375.41%	340.18%	-307.22%

Great Eastern Shipping Company Ltd (GESHIP) has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	5%
5 Years:	8%
3 Years:	16%
TTM:	7%

Compounded Profit Growth
10 Years:	16%
5 Years:	194%
3 Years:	42%
TTM:	5%

Stock Price CAGR
10 Years:	10%
5 Years:	31%
3 Years:	38%
1 Year:	-4%

Return on Equity
10 Years:	11%
5 Years:	15%
3 Years:	19%
Last Year:	21%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 7:30 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	152	151	151	151	151	151	151	147	147	143	143	143	143
Reserves	6,189	6,622	7,280	6,413	7,073	6,777	6,659	6,649	7,557	7,909	10,133	12,255	13,356
Borrowings	6,739	6,119	6,540	5,759	6,816	6,213	5,999	5,295	5,047	4,655	3,649	3,048	2,788
Other Liabilities	1,368	1,484	1,565	1,610	1,363	1,523	1,562	1,742	1,394	1,262	1,284	1,362	1,379
Total Liabilities	14,449	14,377	15,535	13,933	15,402	14,664	14,370	13,833	14,145	13,969	15,209	16,808	17,666
Fixed Assets	9,684	9,842	10,888	8,925	10,304	9,809	9,617	9,123	9,042	8,877	8,450	8,329	8,710
CWIP	20	358	227	328	22	13	14	123	24	24	35	59	17
Investments	2,026	1,142	1,250	912	875	856	601	963	1,350	1,157	1,510	1,970	2,145
Other Assets	2,719	3,035	3,170	3,768	4,201	3,986	4,138	3,624	3,729	3,910	5,215	6,450	6,793
Total Assets	14,449	14,377	15,535	13,933	15,402	14,664	14,370	13,833	14,145	13,969	15,209	16,808	17,666

Below is a detailed analysis of the balance sheet data for Great Eastern Shipping Company Ltd (GESHIP) based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹143.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹143.00 Cr..
For Reserves, as of Sep 2024, the value is ₹13,356.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹12,255.00 Cr. (Mar 2024) to ₹13,356.00 Cr., marking an increase of 1,101.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹2,788.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from ₹3,048.00 Cr. (Mar 2024) to ₹2,788.00 Cr., marking a decrease of 260.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹1,379.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹1,362.00 Cr. (Mar 2024) to ₹1,379.00 Cr., marking an increase of 17.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹17,666.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹16,808.00 Cr. (Mar 2024) to ₹17,666.00 Cr., marking an increase of 858.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹8,710.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹8,329.00 Cr. (Mar 2024) to ₹8,710.00 Cr., marking an increase of 381.00 Cr..
For CWIP, as of Sep 2024, the value is ₹17.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹59.00 Cr. (Mar 2024) to ₹17.00 Cr., marking a decrease of 42.00 Cr..
For Investments, as of Sep 2024, the value is ₹2,145.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹1,970.00 Cr. (Mar 2024) to ₹2,145.00 Cr., marking an increase of 175.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹6,793.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹6,450.00 Cr. (Mar 2024) to ₹6,793.00 Cr., marking an increase of 343.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹17,666.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹16,808.00 Cr. (Mar 2024) to ₹17,666.00 Cr., marking an increase of 858.00 Cr..

Notably, the Reserves (₹13,356.00 Cr.) exceed the Borrowings (2,788.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	1,256	1,358	1,445	2,151	1,522	969	1,096	1,481	1,534	1,323	2,975	2,808
Cash from Investing Activity +	-409	-348	-725	-440	-1,548	-412	429	622	-882	-337	39	-868
Cash from Financing Activity +	-442	-1,697	-228	-1,677	713	-1,158	-1,020	-1,872	-505	-1,189	-1,893	-1,330
Net Cash Flow	405	-688	491	34	687	-602	505	230	147	-203	1,120	610

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	959.00	-5.00	-5.00	-4.00	-5.00	-5.00	-4.00	-4.00	-4.00	-3.00	0.00	0.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	45	32	36	30	24	30	31	34	30	33	37	45
Inventory Days
Days Payable
Cash Conversion Cycle	45	32	36	30	24	30	31	34	30	33	37	45
Working Capital Days	-216	-239	-211	-161	-187	-143	-132	-35	1	13	23	28
ROCE %	6%	7%	8%	11%	8%	4%	4%	4%	9%	7%	21%	19%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	30.06%	30.07%	30.08%	30.08%	30.08%	30.08%	30.08%	30.08%	30.08%	30.08%	30.08%	30.08%
FIIs	21.94%	22.06%	23.92%	25.07%	25.94%	26.18%	27.30%	26.75%	27.41%	24.51%	24.64%	25.04%
DIIs	20.36%	20.64%	18.58%	17.13%	17.04%	16.66%	15.91%	16.39%	16.60%	17.36%	15.68%	15.21%
Government	0.01%	0.01%	0.01%	0.01%	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Public	27.63%	27.21%	27.41%	27.71%	26.93%	27.08%	26.72%	26.76%	25.91%	28.05%	29.59%	29.65%
No. of Shareholders	75,428	71,251	73,126	79,342	79,041	85,121	95,757	98,047	1,00,251	1,24,075	1,93,919	1,96,156

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Kotak Small Cap Fund - Regular Plan	2,851,787	2.26	395.73	1,484,419	2025-03-10	92.11%
ICICI Prudential Value Discovery Fund	1,484,419	0.42	205.99	1,484,419	2025-03-10	0%
UTI Value Fund	1,200,000	1.61	166.52	1,484,419	2025-03-10	-19.16%
Canara Robeco Small Cap Fund	1,172,501	1.35	162.7	1,484,419	2025-03-10	-21.01%
UTI Dividend Yield Fund	740,000	2.35	102.69	1,484,419	2025-03-10	-50.15%
Bandhan Small Cap Fund	493,285	1.03	68.45	1,484,419	2025-03-10	-66.77%
UTI Aggressive Hybrid Fund	491,160	1.12	68.16	1,484,419	2025-03-10	-66.91%
Mahindra Manulife Multi Cap Fund	396,000	1.24	54.95	1,484,419	2025-03-10	-73.32%
Mahindra Manulife Small Cap Fund	387,149	1.07	53.72	1,484,419	2025-03-10	-73.92%
HDFC Balanced Advantage Fund - Regular Plan	350,000	0.05	48.57	1,484,419	2025-03-10	-76.42%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	183.11	180.36	42.99	62.50	13.94
Diluted EPS (Rs.)	182.74	180.00	42.99	62.38	13.91
Cash EPS (Rs.)	233.96	230.23	92.99	110.16	64.64
Book Value[Excl.RevalReserv]/Share (Rs.)	868.35	719.71	563.93	524.21	462.38
Book Value[Incl.RevalReserv]/Share (Rs.)	868.35	719.71	563.93	524.21	462.38
Revenue From Operations / Share (Rs.)	368.09	398.57	257.00	227.02	250.85
PBDIT / Share (Rs.)	258.12	252.74	118.21	128.27	97.17
PBIT / Share (Rs.)	207.26	202.86	69.33	80.62	46.63
PBT / Share (Rs.)	188.72	178.86	43.40	64.14	15.99
Net Profit / Share (Rs.)	183.10	180.36	44.10	62.50	14.09
NP After MI And SOA / Share (Rs.)	183.10	180.36	44.10	62.50	14.09
PBDIT Margin (%)	70.12	63.41	45.99	56.50	38.73
PBIT Margin (%)	56.30	50.89	26.97	35.51	18.58
PBT Margin (%)	51.27	44.87	16.88	28.25	6.37
Net Profit Margin (%)	49.74	45.25	17.16	27.52	5.61
NP After MI And SOA Margin (%)	49.74	45.25	17.16	27.52	5.61
Return on Networth / Equity (%)	21.08	25.06	7.82	11.92	3.04
Return on Capital Employeed (%)	19.33	21.02	7.90	9.27	5.44
Return On Assets (%)	15.55	16.93	4.50	6.49	1.49
Long Term Debt / Equity (X)	0.19	0.29	0.49	0.57	0.70
Total Debt / Equity (X)	0.24	0.35	0.57	0.57	0.70
Asset Turnover Ratio (%)	0.32	0.37	0.22	0.21	0.23
Current Ratio (X)	5.44	4.52	3.40	3.55	3.49
Quick Ratio (X)	5.27	4.38	3.24	3.39	3.31
Dividend Payout Ratio (NP) (%)	18.84	13.97	31.50	4.31	77.43
Dividend Payout Ratio (CP) (%)	14.74	10.94	14.94	2.45	16.88
Earning Retention Ratio (%)	81.16	86.03	68.50	95.69	22.57
Cash Earning Retention Ratio (%)	85.26	89.06	85.06	97.55	83.12
Interest Coverage Ratio (X)	13.92	10.53	4.56	7.79	3.17
Interest Coverage Ratio (Post Tax) (X)	10.88	8.51	2.70	4.79	1.46
Enterprise Value (Cr.)	12419.38	9010.94	6713.37	6235.85	5338.43
EV / Net Operating Revenue (X)	2.36	1.58	1.83	1.87	1.45
EV / EBITDA (X)	3.37	2.50	3.98	3.31	3.74
MarketCap / Net Operating Revenue (X)	2.72	1.61	1.34	1.38	0.82
Retention Ratios (%)	81.15	86.02	68.49	95.68	22.56
Price / BV (X)	1.15	0.89	0.61	0.59	0.44
Price / Net Operating Revenue (X)	2.72	1.61	1.34	1.38	0.82
EarningsYield	0.18	0.28	0.12	0.20	0.06

After reviewing the key financial ratios for Great Eastern Shipping Company Ltd (GESHIP), here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 183.11. This value is within the healthy range. It has increased from 180.36 (Mar 23) to 183.11, marking an increase of 2.75.
For Diluted EPS (Rs.), as of Mar 24, the value is 182.74. This value is within the healthy range. It has increased from 180.00 (Mar 23) to 182.74, marking an increase of 2.74.
For Cash EPS (Rs.), as of Mar 24, the value is 233.96. This value is within the healthy range. It has increased from 230.23 (Mar 23) to 233.96, marking an increase of 3.73.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 868.35. It has increased from 719.71 (Mar 23) to 868.35, marking an increase of 148.64.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 868.35. It has increased from 719.71 (Mar 23) to 868.35, marking an increase of 148.64.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 368.09. It has decreased from 398.57 (Mar 23) to 368.09, marking a decrease of 30.48.
For PBDIT / Share (Rs.), as of Mar 24, the value is 258.12. This value is within the healthy range. It has increased from 252.74 (Mar 23) to 258.12, marking an increase of 5.38.
For PBIT / Share (Rs.), as of Mar 24, the value is 207.26. This value is within the healthy range. It has increased from 202.86 (Mar 23) to 207.26, marking an increase of 4.40.
For PBT / Share (Rs.), as of Mar 24, the value is 188.72. This value is within the healthy range. It has increased from 178.86 (Mar 23) to 188.72, marking an increase of 9.86.
For Net Profit / Share (Rs.), as of Mar 24, the value is 183.10. This value is within the healthy range. It has increased from 180.36 (Mar 23) to 183.10, marking an increase of 2.74.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 183.10. This value is within the healthy range. It has increased from 180.36 (Mar 23) to 183.10, marking an increase of 2.74.
For PBDIT Margin (%), as of Mar 24, the value is 70.12. This value is within the healthy range. It has increased from 63.41 (Mar 23) to 70.12, marking an increase of 6.71.
For PBIT Margin (%), as of Mar 24, the value is 56.30. This value exceeds the healthy maximum of 20. It has increased from 50.89 (Mar 23) to 56.30, marking an increase of 5.41.
For PBT Margin (%), as of Mar 24, the value is 51.27. This value is within the healthy range. It has increased from 44.87 (Mar 23) to 51.27, marking an increase of 6.40.
For Net Profit Margin (%), as of Mar 24, the value is 49.74. This value exceeds the healthy maximum of 10. It has increased from 45.25 (Mar 23) to 49.74, marking an increase of 4.49.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 49.74. This value exceeds the healthy maximum of 20. It has increased from 45.25 (Mar 23) to 49.74, marking an increase of 4.49.
For Return on Networth / Equity (%), as of Mar 24, the value is 21.08. This value is within the healthy range. It has decreased from 25.06 (Mar 23) to 21.08, marking a decrease of 3.98.
For Return on Capital Employeed (%), as of Mar 24, the value is 19.33. This value is within the healthy range. It has decreased from 21.02 (Mar 23) to 19.33, marking a decrease of 1.69.
For Return On Assets (%), as of Mar 24, the value is 15.55. This value is within the healthy range. It has decreased from 16.93 (Mar 23) to 15.55, marking a decrease of 1.38.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.19. This value is below the healthy minimum of 0.2. It has decreased from 0.29 (Mar 23) to 0.19, marking a decrease of 0.10.
For Total Debt / Equity (X), as of Mar 24, the value is 0.24. This value is within the healthy range. It has decreased from 0.35 (Mar 23) to 0.24, marking a decrease of 0.11.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.32. It has decreased from 0.37 (Mar 23) to 0.32, marking a decrease of 0.05.
For Current Ratio (X), as of Mar 24, the value is 5.44. This value exceeds the healthy maximum of 3. It has increased from 4.52 (Mar 23) to 5.44, marking an increase of 0.92.
For Quick Ratio (X), as of Mar 24, the value is 5.27. This value exceeds the healthy maximum of 2. It has increased from 4.38 (Mar 23) to 5.27, marking an increase of 0.89.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 18.84. This value is below the healthy minimum of 20. It has increased from 13.97 (Mar 23) to 18.84, marking an increase of 4.87.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 14.74. This value is below the healthy minimum of 20. It has increased from 10.94 (Mar 23) to 14.74, marking an increase of 3.80.
For Earning Retention Ratio (%), as of Mar 24, the value is 81.16. This value exceeds the healthy maximum of 70. It has decreased from 86.03 (Mar 23) to 81.16, marking a decrease of 4.87.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 85.26. This value exceeds the healthy maximum of 70. It has decreased from 89.06 (Mar 23) to 85.26, marking a decrease of 3.80.
For Interest Coverage Ratio (X), as of Mar 24, the value is 13.92. This value is within the healthy range. It has increased from 10.53 (Mar 23) to 13.92, marking an increase of 3.39.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 10.88. This value is within the healthy range. It has increased from 8.51 (Mar 23) to 10.88, marking an increase of 2.37.
For Enterprise Value (Cr.), as of Mar 24, the value is 12,419.38. It has increased from 9,010.94 (Mar 23) to 12,419.38, marking an increase of 3,408.44.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 2.36. This value is within the healthy range. It has increased from 1.58 (Mar 23) to 2.36, marking an increase of 0.78.
For EV / EBITDA (X), as of Mar 24, the value is 3.37. This value is below the healthy minimum of 5. It has increased from 2.50 (Mar 23) to 3.37, marking an increase of 0.87.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 2.72. This value is within the healthy range. It has increased from 1.61 (Mar 23) to 2.72, marking an increase of 1.11.
For Retention Ratios (%), as of Mar 24, the value is 81.15. This value exceeds the healthy maximum of 70. It has decreased from 86.02 (Mar 23) to 81.15, marking a decrease of 4.87.
For Price / BV (X), as of Mar 24, the value is 1.15. This value is within the healthy range. It has increased from 0.89 (Mar 23) to 1.15, marking an increase of 0.26.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 2.72. This value is within the healthy range. It has increased from 1.61 (Mar 23) to 2.72, marking an increase of 1.11.
For EarningsYield, as of Mar 24, the value is 0.18. This value is below the healthy minimum of 5. It has decreased from 0.28 (Mar 23) to 0.18, marking a decrease of 0.10.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Great Eastern Shipping Company Ltd (GESHIP) as of March 12, 2025 is: ₹891.12

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 12, 2025, Great Eastern Shipping Company Ltd (GESHIP) is Overvalued by 1.64% compared to the current share price 906.00

Intrinsic Value of Great Eastern Shipping Company Ltd (GESHIP) as of March 12, 2025 is: 1,126.95

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 12, 2025, Great Eastern Shipping Company Ltd (GESHIP) is Undervalued by 24.39% compared to the current share price 906.00

Last 5 Year EPS CAGR: 26.46%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a low average Working Capital Days of -104.92, which is a positive sign. The company has higher reserves (8,067.08 cr) compared to borrowings (5,282.08 cr), indicating strong financial stability. The company has shown consistent growth in sales (3.46 cr) and profit (371.08 cr) over the years.	The stock has a low average ROCE of 9.00%, which may not be favorable. The stock has a high average Cash Conversion Cycle of 33.92, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Great Eastern Shipping Company Ltd (GESHIP):
1. Net Profit Margin: 49.74%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 19.33% (Industry Average ROCE: 37.03%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 21.08% (Industry Average ROE: 15.57%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 10.88
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 5.27
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 5.44 (Industry average Stock P/E: 72.79)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.24
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Great Eastern Shipping Company Ltd. is a Public Limited Listed company incorporated on 03/08/1948 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L35110MH1948PLC006472 and registration number is 006472. Currently Company is involved in the business activities of Sea and coastal freight water transport. Company's Total Operating Revenue is Rs. 4164.79 Cr. and Equity Capital is Rs. 142.77 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Shipping	Ocean House, Mumbai Maharashtra 400018	shares@greatship.com http://www.greatship.com

Management
Name	Position Held
Mr. K M Sheth	Chairman
Mr. Bharat K Sheth	Dy. Chairman & Manag. Director
Mr. G Shivakumar	Executive Director & CFO
Mr. Tapas Icot	Executive Director
Mr. Ravi K Sheth	Director
Mrs. Bhavna Doshi	Director
Mrs. Rita Bhagwati	Director
Mr. Raju Shukla	Director
Mr. Berjis Desai	Director
Mr. Uday Shankar	Director
Dr. Shankar N Acharya	Director
Mr. Ranjit Vasant Pandit	Director
Mr. Shivshankar Menon	Director
Mr. T N Ninan	Director
Mr. Keki Mistry	Director

FAQ

What is the latest intrinsic value of Great Eastern Shipping Company Ltd (GESHIP)?

The latest intrinsic value of Great Eastern Shipping Company Ltd (GESHIP) as on 08 March 2025 is ₹891.12, which is 1.64% lower than the current market price of 906.00, indicating the stock is overvalued by 1.64%. The intrinsic value of Great Eastern Shipping Company Ltd (GESHIP) is calculated using PE ratio method. The stock has a market capitalization of ₹12,942 Cr. and recorded a high/low of ₹1,544/797 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹13,356 Cr and total liabilities of ₹17,666 Cr.

What is the Market Cap of Great Eastern Shipping Company Ltd (GESHIP)?

The Market Cap of Great Eastern Shipping Company Ltd (GESHIP) is 12,942 Cr..

What is the current Stock Price of Great Eastern Shipping Company Ltd (GESHIP) as on 08 March 2025?

The current stock price of Great Eastern Shipping Company Ltd (GESHIP) as on 08 March 2025 is ₹906.

What is the High / Low of Great Eastern Shipping Company Ltd (GESHIP) stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Great Eastern Shipping Company Ltd (GESHIP) stocks is ₹1,544/797.

What is the Stock P/E of Great Eastern Shipping Company Ltd (GESHIP)?

The Stock P/E of Great Eastern Shipping Company Ltd (GESHIP) is 5.44.

What is the Book Value of Great Eastern Shipping Company Ltd (GESHIP)?

The Book Value of Great Eastern Shipping Company Ltd (GESHIP) is 945.

What is the Dividend Yield of Great Eastern Shipping Company Ltd (GESHIP)?

The Dividend Yield of Great Eastern Shipping Company Ltd (GESHIP) is 3.18 %.

What is the ROCE of Great Eastern Shipping Company Ltd (GESHIP)?

The ROCE of Great Eastern Shipping Company Ltd (GESHIP) is 18.5 %.

What is the ROE of Great Eastern Shipping Company Ltd (GESHIP)?

The ROE of Great Eastern Shipping Company Ltd (GESHIP) is 21.0 %.

What is the Face Value of Great Eastern Shipping Company Ltd (GESHIP)?

The Face Value of Great Eastern Shipping Company Ltd (GESHIP) is 10.0.