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Essar Shipping

  • Market Cap: Micro Cap
  • Industry: Shipping
  • ISIN: INE122M01019
  • NSEID: ESSARSHPNG
  • BSEID: 533704
INR
24.59
0.52 (2.16%)
BSENSE

Apr 11, 12:52 PM

BSE+NSE Vol: 69.19 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

69.19 k (-60.70%) Volume

Shareholding (Dec 2024)

FII

0.00%

Held by 36 FIIs

DII

0.03%

Held by 1 DIIs

Promoter

73.75%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

With a Negative Book Value, the company has a Weak Long Term Fundamental Strength

  • Low ability to service debt as the company has a high Debt to EBITDA ratio of 9.32 times
  • The company has reported losses and also has negative networth. This is not a good sign for the investors. Either company will have to raise fresh capital or report profits to sustain going forward
2

Stock is technically in a Bearish range

3

Risky - Negative EBITDA

4

Despite the size of the company, domestic mutual funds hold only 0.03% of the company

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Shipping

stock-summary
Market cap

INR 511 Cr (Micro Cap)

stock-summary
P/E

375.00

stock-summary
Industry P/E

7

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

-0.72

stock-summary
Return on Equity

3.17%

stock-summary
Price to Book

-0.21

Revenue and Profits (1 Year):
Net Sales:
3 Cr
(Quarterly Results - Dec 2024)
Net Profit:
40 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-39.28%
0%
-39.28%
1 Year
-10.78%
0%
-10.78%
2 Years
181.35%
0%
181.35%
3 Years
169.92%
0%
169.92%
4 Years
208.92%
0%
208.92%
5 Years
313.28%
0%
313.28%

Essar Shipping for the last several years.

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
-35.73%
EBIT Growth (5y)
-182.97%
EBIT to Interest (avg)
-0.16
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
-0.68
Tax Ratio
0.89%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.03%
ROCE (avg)
21.15%
ROE (avg)
0
Valuation key factors
Factor
Value
P/E Ratio
375
Industry P/E
7
Price to Book Value
-0.21
EV to EBIT
-40.17
EV to EBITDA
-40.52
EV to Capital Employed
-3.35
EV to Sales
14.35
PEG Ratio
2.94
Dividend Yield
NA
ROCE (Latest)
Negative Capital Employed
ROE (Latest)
Negative BV
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
No Trend
No Trend
OBV
Mildly Bearish
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 31 Schemes (0.01%)

FIIs

Held by 36 FIIs (0.0%)

Promoter with highest holding

Essar Africa Steel Holdings Limited (60.09%)

Highest Public shareholder

M.b. Finmart Private Limited (1.39%)

Individual Investors Holdings

21.3%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -97.92% vs 5,719.29% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -93.82% vs 1,938.98% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "3.07",
          "val2": "147.81",
          "chgp": "-97.92%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-8.21",
          "val2": "-6.48",
          "chgp": "-26.70%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "22.53",
          "val2": "28.15",
          "chgp": "-19.96%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "1.20",
          "val2": "573.77",
          "chgp": "-99.79%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "39.70",
          "val2": "642.54",
          "chgp": "-93.82%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-267.43%",
          "val2": "-4.38%",
          "chgp": "-263.05%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 894.38% vs -53.49% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 6,225.00% vs 82.37% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "150.35",
          "val2": "15.12",
          "chgp": "894.38%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-10.92",
          "val2": "-18.27",
          "chgp": "40.23%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "57.14",
          "val2": "21.02",
          "chgp": "171.84%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "563.83",
          "val2": "4.96",
          "chgp": "11,267.54%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "607.60",
          "val2": "-9.92",
          "chgp": "6,225.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-7.26%",
          "val2": "-120.83%",
          "chgp": "113.57%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 766.78% vs -62.29% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 1,305.40% vs -104.17% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "153.42",
          "val2": "17.70",
          "chgp": "766.78%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-19.13",
          "val2": "-34.80",
          "chgp": "45.03%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "79.67",
          "val2": "36.79",
          "chgp": "116.55%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "565.03",
          "val2": "0.32",
          "chgp": "1,76,471.87%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "647.30",
          "val2": "-53.70",
          "chgp": "1,305.40%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-12.47%",
          "val2": "-196.61%",
          "chgp": "184.14%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -66.64% vs -81.52% in Mar 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -107.16% vs 2,202.45% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "20.24",
          "val2": "60.67",
          "chgp": "-66.64%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-66.99",
          "val2": "32.22",
          "chgp": "-307.91%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "81.39",
          "val2": "131.57",
          "chgp": "-38.14%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "12.94",
          "val2": "1,660.33",
          "chgp": "-99.22%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-118.10",
          "val2": "1,650.21",
          "chgp": "-107.16%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-330.98%",
          "val2": "53.11%",
          "chgp": "-384.09%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
3.07
147.81
-97.92%
Operating Profit (PBDIT) excl Other Income
-8.21
-6.48
-26.70%
Interest
22.53
28.15
-19.96%
Exceptional Items
1.20
573.77
-99.79%
Consolidate Net Profit
39.70
642.54
-93.82%
Operating Profit Margin (Excl OI)
-267.43%
-4.38%
-263.05%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is -97.92% vs 5,719.29% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is -93.82% vs 1,938.98% in Sep 2024

Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
150.35
15.12
894.38%
Operating Profit (PBDIT) excl Other Income
-10.92
-18.27
40.23%
Interest
57.14
21.02
171.84%
Exceptional Items
563.83
4.96
11,267.54%
Consolidate Net Profit
607.60
-9.92
6,225.00%
Operating Profit Margin (Excl OI)
-7.26%
-120.83%
113.57%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 894.38% vs -53.49% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 6,225.00% vs 82.37% in Sep 2023

Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
153.42
17.70
766.78%
Operating Profit (PBDIT) excl Other Income
-19.13
-34.80
45.03%
Interest
79.67
36.79
116.55%
Exceptional Items
565.03
0.32
1,76,471.87%
Consolidate Net Profit
647.30
-53.70
1,305.40%
Operating Profit Margin (Excl OI)
-12.47%
-196.61%
184.14%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 766.78% vs -62.29% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 1,305.40% vs -104.17% in Dec 2023

Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
20.24
60.67
-66.64%
Operating Profit (PBDIT) excl Other Income
-66.99
32.22
-307.91%
Interest
81.39
131.57
-38.14%
Exceptional Items
12.94
1,660.33
-99.22%
Consolidate Net Profit
-118.10
1,650.21
-107.16%
Operating Profit Margin (Excl OI)
-330.98%
53.11%
-384.09%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -66.64% vs -81.52% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is -107.16% vs 2,202.45% in Mar 2023

stock-summaryCompany CV
About Essar Shipping Ltd stock-summary
stock-summary
Essar Shipping Ltd
Micro Cap
Shipping
Essar Shipping Ltd was incorporated on April 16, 2010 with the name of Essar Ports & Terminals Ltd in the State of Gujarat. The company received the certificate of commencement of business on June 1, 2010. Later, the name of the Company was changed from Essar Ports & Terminals Ltd to Essar Shipping Ltd with effect from September 7, 2010. The Company is a part of the multinational conglomerate Essar Group.
Company Coordinates stock-summary
Company Details
EBTSL PremisesER-2 Bldg Salaya, 44KM 7 Tal Khambhalia Devbhumi Jamnagar Gujarat : 361305
stock-summary
Tel:
stock-summary
esl.secretarial@essar.com
Registrar Details
Data Software Research Co Pvt Ltd , 9 Pycroft Garden Road, Off Haddows Road, Nungambakkam, Chennai