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GE Shipping Co

  • Market Cap: Mid Cap
  • Industry: Shipping
  • ISIN: INE017A01032
  • NSEID: GESHIP
  • BSEID: 500620
INR
867.70
-0.9 (-0.1%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 1.8 lacs

  • 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

1.8 lacs (14.36%) Volume

Shareholding (Mar 2025)

FII

25.45%

Held by 312 FIIs

DII

14.90%

Held by 26 DIIs

Promoter

30.07%

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

Negative results in Dec 24

  • NET SALES(Q) At Rs 1,236.87 cr has Fallen at -11.7 %
  • PAT(Q) At Rs 593.66 cr has Fallen at -16.1 %
  • PBDIT(Q) Lowest at Rs 611.03 cr.
2

Stock is technically in a Mildly Bearish range

3

Underperformed the market in the last 1 year

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

Shipping

stock-summary
Market cap

INR 12,388 Cr (Mid Cap)

stock-summary
P/E

4.00

stock-summary
Industry P/E

7

stock-summary
Dividend Yield

4.04%

stock-summary
Debt Equity

-0.34

stock-summary
Return on Equity

20.97%

stock-summary
Price to Book

0.92

Revenue and Profits (1 Year):
Net Sales:
1,237 Cr
(Quarterly Results - Dec 2024)
Net Profit:
594 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (4.04%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-31.83%
1.23%
-30.6%
1 Year
-11.78%
3.31%
-8.47%
2 Years
33.56%
9.60%
43.16%
3 Years
134.04%
24.37%
158.41%
4 Years
183.24%
25.13%
208.37%
5 Years
336.47%
52.60%
389.07%

Latest dividend: 8.1 per share ex-dividend date: Feb-03-2025

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)
8.91%
EBIT Growth (5y)
29.08%
EBIT to Interest (avg)
5.43
Debt to EBITDA (avg)
2.27
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.32
Tax Ratio
4.04%
Dividend Payout Ratio
23.92%
Pledged Shares
0
Institutional Holding
40.26%
ROCE (avg)
17.45%
ROE (avg)
16.06%
Valuation key factors
Factor
Value
P/E Ratio
4
Industry P/E
7
Price to Book Value
0.92
EV to EBIT
3.32
EV to EBITDA
2.50
EV to Capital Employed
0.88
EV to Sales
1.39
PEG Ratio
0.23
Dividend Yield
4.04%
ROCE (Latest)
26.95%
ROE (Latest)
20.97%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bullish
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 21 Schemes (14.19%)

FIIs

Held by 312 FIIs (25.45%)

Promoter with highest holding

Ravi K Sheth (trustee Of Ge Bks Trust) (11.14%)

Highest Public shareholder

Hdfc Mutual Fund Hdfc S&p Bse 500 Etf (4.49%)

Individual Investors Holdings

24.9%

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 -8.68% vs -10.20% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 3.14% vs -29.11% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,236.87",
          "val2": "1,354.40",
          "chgp": "-8.68%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "611.03",
          "val2": "653.61",
          "chgp": "-6.51%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "61.46",
          "val2": "63.71",
          "chgp": "-3.53%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "593.66",
          "val2": "575.57",
          "chgp": "3.14%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "49.40%",
          "val2": "48.26%",
          "chgp": "1.14%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "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 13.93% vs -10.69% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 18.50% vs -4.48% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,862.63",
          "val2": "2,512.71",
          "chgp": "13.93%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1,564.36",
          "val2": "1,435.11",
          "chgp": "9.01%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "124.32",
          "val2": "139.32",
          "chgp": "-10.77%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "1,387.51",
          "val2": "1,170.93",
          "chgp": "18.50%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "54.65%",
          "val2": "57.11%",
          "chgp": "-2.46%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "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 9.09% vs -11.26% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 15.92% vs -7.77% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "4,099.50",
          "val2": "3,757.84",
          "chgp": "9.09%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "2,175.39",
          "val2": "2,084.85",
          "chgp": "4.34%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "185.78",
          "val2": "206.19",
          "chgp": "-9.90%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "1,981.17",
          "val2": "1,709.10",
          "chgp": "15.92%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "53.06%",
          "val2": "55.48%",
          "chgp": "-2.42%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "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 -7.65% vs 62.17% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 1.52% vs 308.94% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "5,255.17",
          "val2": "5,690.46",
          "chgp": "-7.65%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "3,021.62",
          "val2": "3,127.65",
          "chgp": "-3.39%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "264.70",
          "val2": "342.74",
          "chgp": "-22.77%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "2,614.18",
          "val2": "2,575.01",
          "chgp": "1.52%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "57.50%",
          "val2": "54.96%",
          "chgp": "2.54%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
1,236.87
1,354.40
-8.68%
Operating Profit (PBDIT) excl Other Income
611.03
653.61
-6.51%
Interest
61.46
63.71
-3.53%
Exceptional Items
0.00
0.00
Consolidate Net Profit
593.66
575.57
3.14%
Operating Profit Margin (Excl OI)
49.40%
48.26%
1.14%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is -8.68% vs -10.20% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is 3.14% vs -29.11% in Sep 2024

Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
2,862.63
2,512.71
13.93%
Operating Profit (PBDIT) excl Other Income
1,564.36
1,435.11
9.01%
Interest
124.32
139.32
-10.77%
Exceptional Items
0.00
0.00
Consolidate Net Profit
1,387.51
1,170.93
18.50%
Operating Profit Margin (Excl OI)
54.65%
57.11%
-2.46%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 13.93% vs -10.69% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 18.50% vs -4.48% in Sep 2023

Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
4,099.50
3,757.84
9.09%
Operating Profit (PBDIT) excl Other Income
2,175.39
2,084.85
4.34%
Interest
185.78
206.19
-9.90%
Exceptional Items
0.00
0.00
Consolidate Net Profit
1,981.17
1,709.10
15.92%
Operating Profit Margin (Excl OI)
53.06%
55.48%
-2.42%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 9.09% vs -11.26% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 15.92% vs -7.77% in Dec 2023

Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
5,255.17
5,690.46
-7.65%
Operating Profit (PBDIT) excl Other Income
3,021.62
3,127.65
-3.39%
Interest
264.70
342.74
-22.77%
Exceptional Items
0.00
0.00
Consolidate Net Profit
2,614.18
2,575.01
1.52%
Operating Profit Margin (Excl OI)
57.50%
54.96%
2.54%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -7.65% vs 62.17% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 1.52% vs 308.94% in Mar 2023

stock-summaryCompany CV
About Great Eastern Shipping Company Ltd stock-summary
stock-summary
Great Eastern Shipping Company Ltd
Mid Cap
Shipping
Promoted by Mulji (Sheth) brothers and Bhiwandiwalla family; Great Eastern Shipping Company Limited (GE Shipping) is a major player in the Indian Shipping industry. The Company is India's largest private sector shipping service provider enjoying a formidable presence in the international maritime industry. The shipping business operates under two main businesses: Dry Bulk Carriers and Tankers. Great Eastern Shipping Company Limited was incorporated in 3rd August of the year 1948.
Company Coordinates stock-summary
Company Details
Ocean House 134/A, Dr Annie Besant Road Worli Mumbai Maharashtra : 400018
stock-summary
Tel: 91-22-66613000/24922100
stock-summary
shares@greatship.com
Registrar Details
Karvy Computershare Pvt Ltd., Karvy Selenium, Tower-B Plot No 31 & 32, Survey No 116/22, 115/24, 115/25, Financial District, Nanakramguda, Serilingampally, Mandal Ranga Reddy Dist, Hyderabad