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

Share Price and Basic Stock Data

Last Updated: June 13, 2025, 8:22 pm

Market Cap	14,138 Cr.
Current Price	989
High / Low	1,544/797
Stock P/E	6.03
Book Value	999
Dividend Yield	3.00 %
ROCE	16.9 %
ROE	17.6 %
Face Value	10.0
PEG Ratio	0.28

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	94.6 Cr.	26.0	34.0/21.6	270	15.7	0.00 %	3.05 %	%	10.0
Great Eastern Shipping Company Ltd (GESHIP)	14,138 Cr.	989	1,544/797	6.03	999	3.00 %	16.9 %	17.6 %	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	10,572 Cr.	227	385/138	12.5	178	0.22 %	9.89 %	10.6 %	10.0
SEAMEC Ltd	2,182 Cr.	860	1,670/780	27.1	396	0.12 %	9.17 %	8.40 %	10.0
Industry Average	4,763.50 Cr	369.73		64.57	300.53	0.48%	8.02%	11.30%	10.00

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

Quarterly Result

Metric	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Sales	916	1,366	1,447	1,421	1,456	1,284	1,229	1,245	1,497	1,508	1,354	1,237	1,223
Expenses	530	628	654	625	609	492	586	595	561	597	701	626	721
Operating Profit	386	738	793	796	847	792	643	650	937	911	654	611	502
OPM %	42%	54%	55%	56%	58%	62%	52%	52%	63%	60%	48%	49%	41%
Other Income	67	-15	253	101	95	51	232	151	229	195	225	264	150
Interest	111	93	88	85	77	62	77	67	59	61	64	61	51
Depreciation	151	179	181	184	167	180	187	194	166	197	206	205	205
Profit before tax	191	450	777	629	698	601	612	540	942	848	610	608	396
Tax %	1%	-1%	1%	0%	-4%	4%	3%	0%	4%	4%	6%	2%	8%
Net Profit	189	457	769	627	722	576	595	538	905	812	576	594	363
EPS in Rs	13.23	32.01	53.85	43.93	50.57	40.36	41.65	37.70	63.40	56.87	40.32	41.58	25.43

Last Updated: May 31, 2025, 7:33 am

Below is a detailed analysis of the quarterly data for Great Eastern Shipping Company Ltd (GESHIP) based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Sales, as of Mar 2025, the value is 1,223.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,237.00 Cr. (Dec 2024) to 1,223.00 Cr., marking a decrease of 14.00 Cr..
For Expenses, as of Mar 2025, the value is 721.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 626.00 Cr. (Dec 2024) to 721.00 Cr., marking an increase of 95.00 Cr..
For Operating Profit, as of Mar 2025, the value is 502.00 Cr.. The value appears to be declining and may need further review. It has decreased from 611.00 Cr. (Dec 2024) to 502.00 Cr., marking a decrease of 109.00 Cr..
For OPM %, as of Mar 2025, the value is 41.00%. The value appears to be declining and may need further review. It has decreased from 49.00% (Dec 2024) to 41.00%, marking a decrease of 8.00%.
For Other Income, as of Mar 2025, the value is 150.00 Cr.. The value appears to be declining and may need further review. It has decreased from 264.00 Cr. (Dec 2024) to 150.00 Cr., marking a decrease of 114.00 Cr..
For Interest, as of Mar 2025, the value is 51.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 61.00 Cr. (Dec 2024) to 51.00 Cr., marking a decrease of 10.00 Cr..
For Depreciation, as of Mar 2025, the value is 205.00 Cr.. The value remains steady. There is no change compared to the previous period (Dec 2024) which recorded 205.00 Cr..
For Profit before tax, as of Mar 2025, the value is 396.00 Cr.. The value appears to be declining and may need further review. It has decreased from 608.00 Cr. (Dec 2024) to 396.00 Cr., marking a decrease of 212.00 Cr..
For Tax %, as of Mar 2025, the value is 8.00%. The value appears to be increasing, which may not be favorable. It has increased from 2.00% (Dec 2024) to 8.00%, marking an increase of 6.00%.
For Net Profit, as of Mar 2025, the value is 363.00 Cr.. The value appears to be declining and may need further review. It has decreased from 594.00 Cr. (Dec 2024) to 363.00 Cr., marking a decrease of 231.00 Cr..
For EPS in Rs, as of Mar 2025, the value is 25.43. The value appears to be declining and may need further review. It has decreased from 41.58 (Dec 2024) to 25.43, marking a decrease of 16.15.

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: May 15, 2025, 5:02 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales	3,092	3,438	3,808	3,117	3,038	3,547	3,687	3,337	3,509	5,690	5,255	5,323
Expenses	1,660	2,005	1,823	1,686	1,838	2,480	2,470	1,683	1,969	2,563	2,234	2,646
Operating Profit	1,432	1,433	1,985	1,431	1,200	1,067	1,217	1,653	1,540	3,128	3,022	2,677
OPM %	46%	42%	52%	46%	40%	30%	33%	50%	44%	55%	58%	50%
Other Income	242	276	119	506	102	269	211	232	148	481	664	834
Interest	375	301	288	378	455	521	450	242	370	343	265	236
Depreciation	665	610	608	678	769	773	743	700	698	712	726	813
Profit before tax	633	798	1,208	882	79	42	235	943	620	2,554	2,694	2,462
Tax %	9%	6%	9%	14%	367%	151%	12%	3%	-2%	-1%	3%	5%
Net Profit	574	748	1,097	755	-210	-21	207	919	630	2,575	2,614	2,344
EPS in Rs	38.07	49.63	72.76	50.07	-13.96	-1.42	14.09	62.50	44.09	180.36	183.11	164.20
Dividend Payout %	24%	22%	19%	20%	-52%	-380%	57%	14%	22%	16%	24%	18%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	30.31%	46.66%	-31.18%	-127.81%	90.00%	1085.71%	343.96%	-31.45%	308.73%	1.51%	-10.33%
Change in YoY Net Profit Growth (%)	0.00%	16.34%	-77.83%	-96.64%	217.81%	995.71%	-741.75%	-375.41%	340.18%	-307.22%	-11.84%

Great Eastern Shipping Company Ltd (GESHIP) has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	4%
5 Years:	8%
3 Years:	15%
TTM:	1%

Compounded Profit Growth
10 Years:	13%
5 Years:	94%
3 Years:	58%
TTM:	-2%

Stock Price CAGR
10 Years:	11%
5 Years:	35%
3 Years:	38%
1 Year:	-17%

Return on Equity
10 Years:	12%
5 Years:	18%
3 Years:	21%
Last Year:	18%

Last Updated: Unknown

Balance Sheet

Last Updated: May 13, 2025, 2:35 pm

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	151	151	151	151	151	151	147	147	143	143	143	143
Reserves	6,622	7,280	6,413	7,073	6,777	6,659	6,649	7,557	7,909	10,133	12,255	14,116
Borrowings	6,119	6,540	5,759	6,816	6,213	5,999	5,295	5,047	4,655	3,649	3,048	2,163
Other Liabilities	1,484	1,565	1,610	1,363	1,523	1,562	1,742	1,394	1,262	1,284	1,362	1,233
Total Liabilities	14,377	15,535	13,933	15,402	14,664	14,370	13,833	14,145	13,969	15,209	16,808	17,656
Fixed Assets	9,842	10,888	8,925	10,304	9,809	9,617	9,123	9,042	8,877	8,450	8,329	8,251
CWIP	358	227	328	22	13	14	123	24	24	35	59	17
Investments	1,142	1,250	912	875	856	601	963	1,350	1,157	1,510	1,970	2,289
Other Assets	3,035	3,170	3,768	4,201	3,986	4,138	3,624	3,729	3,910	5,215	6,450	7,099
Total Assets	14,377	15,535	13,933	15,402	14,664	14,370	13,833	14,145	13,969	15,209	16,808	17,656

Below is a detailed analysis of the balance sheet data for Great Eastern Shipping Company Ltd (GESHIP) based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Equity Capital, as of Mar 2025, 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 Mar 2025, the value is 14,116.00 Cr.. The value appears strong and on an upward trend. It has increased from 12,255.00 Cr. (Mar 2024) to 14,116.00 Cr., marking an increase of 1,861.00 Cr..
For Borrowings, as of Mar 2025, the value is 2,163.00 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 2,163.00 Cr., marking a decrease of 885.00 Cr..
For Other Liabilities, as of Mar 2025, the value is 1,233.00 Cr.. The value appears to be improving (decreasing). It has decreased from 1,362.00 Cr. (Mar 2024) to 1,233.00 Cr., marking a decrease of 129.00 Cr..
For Total Liabilities, as of Mar 2025, the value is 17,656.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 16,808.00 Cr. (Mar 2024) to 17,656.00 Cr., marking an increase of 848.00 Cr..
For Fixed Assets, as of Mar 2025, the value is 8,251.00 Cr.. The value appears to be declining and may need further review. It has decreased from 8,329.00 Cr. (Mar 2024) to 8,251.00 Cr., marking a decrease of 78.00 Cr..
For CWIP, as of Mar 2025, 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 Mar 2025, the value is 2,289.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,970.00 Cr. (Mar 2024) to 2,289.00 Cr., marking an increase of 319.00 Cr..
For Other Assets, as of Mar 2025, the value is 7,099.00 Cr.. The value appears strong and on an upward trend. It has increased from 6,450.00 Cr. (Mar 2024) to 7,099.00 Cr., marking an increase of 649.00 Cr..
For Total Assets, as of Mar 2025, the value is 17,656.00 Cr.. The value appears strong and on an upward trend. It has increased from 16,808.00 Cr. (Mar 2024) to 17,656.00 Cr., marking an increase of 848.00 Cr..

Notably, the Reserves (14,116.00 Cr.) exceed the Borrowings (2,163.00 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 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	1,358	1,445	2,151	1,522	969	1,096	1,481	1,534	1,323	2,975	2,808	2,647
Cash from Investing Activity +	-348	-725	-440	-1,548	-412	429	622	-882	-337	39	-868	-191
Cash from Financing Activity +	-1,697	-228	-1,677	713	-1,158	-1,020	-1,872	-505	-1,189	-1,893	-1,330	-1,675
Net Cash Flow	-688	491	34	687	-602	505	230	147	-203	1,120	610	781

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-5.00	-5.00	-4.00	-5.00	-5.00	-4.00	-4.00	-4.00	-3.00	0.00	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	2,851,787	2025-04-22 17:25:18	0%
ICICI Prudential Value Discovery Fund	1,484,419	0.42	205.99	1,484,419	2025-04-22 17:25:18	0%
UTI Value Fund	1,200,000	1.61	166.52	1,200,000	2025-04-22 15:56:52	0%
Canara Robeco Small Cap Fund	1,172,501	1.35	162.7	1,172,501	2025-04-22 15:56:52	0%
UTI Dividend Yield Fund	740,000	2.35	102.69	740,000	2025-04-22 17:25:18	0%
Bandhan Small Cap Fund	493,285	1.03	68.45	493,285	2025-04-22 17:25:18	0%
UTI Aggressive Hybrid Fund	491,160	1.12	68.16	491,160	2025-04-22 17:25:18	0%
Mahindra Manulife Multi Cap Fund	396,000	1.24	54.95	396,000	2025-04-22 17:25:18	0%
Mahindra Manulife Small Cap Fund	387,149	1.07	53.72	387,149	2025-04-22 17:25:18	0%
HDFC Balanced Advantage Fund - Regular Plan	350,000	0.05	48.57	350,000	2025-04-22 17:25:18	0%

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 June 13, 2025 is: 873.62

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 June 13, 2025, Great Eastern Shipping Company Ltd (GESHIP) is Overvalued by 11.67% compared to the current share price 989.00

Intrinsic Value of Great Eastern Shipping Company Ltd (GESHIP) as of June 13, 2025 is: 1,059.79

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 June 13, 2025, Great Eastern Shipping Company Ltd (GESHIP) is Undervalued by 7.16% compared to the current share price 989.00

Last 5 Year EPS CAGR: 21.31%

*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 (8,286.92 cr) compared to borrowings (5,108.58 cr), indicating strong financial stability. The company has shown consistent growth in sales (3.50 cr) and profit (353.25 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: 8.02%)
  - 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: 11.3%)
  - 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: 6.03 (Industry average Stock P/E: 64.57)
  - 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. 3829.60 Cr. and Equity Capital is Rs. 142.77 Cr. for the Year ended 31/03/2025.

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 intrinsic value of Great Eastern Shipping Company Ltd (GESHIP)?

Great Eastern Shipping Company Ltd (GESHIP)'s intrinsic value (as of 13 June 2025) is ₹873.62 — 11.67% lower the current market price of 989.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 14,138 Cr. market cap, FY2025-2026 high/low of ₹1,544/797, reserves of 14,116 Cr, and liabilities of 17,656 Cr.

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

The Market Cap of Great Eastern Shipping Company Ltd (GESHIP) is 14,138 Cr..

What is the current Stock Price of Great Eastern Shipping Company Ltd (GESHIP) as on 13 June 2025?

The current stock price of Great Eastern Shipping Company Ltd (GESHIP) as on 13 June 2025 is 989.

What is the High / Low of Great Eastern Shipping Company Ltd (GESHIP) stocks in FY 2025-2026?

In FY 2025-2026, 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 6.03.

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

The Book Value of Great Eastern Shipping Company Ltd (GESHIP) is 999.

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

The Dividend Yield of Great Eastern Shipping Company Ltd (GESHIP) is 3.00 %.

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

The ROCE of Great Eastern Shipping Company Ltd (GESHIP) is 16.9 %.

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

The ROE of Great Eastern Shipping Company Ltd (GESHIP) is 17.6 %.

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.