Essar Shipping Ltd

BSE: ESSARSHPNG533704ISIN INE122M01019

Services
Shipping
BSE Services

Share price

₹17.01+0.02 (+0.12%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹37.00
52W low: ₹14.35
Off 52W high: -54.03%
1M return: -0.23%
3M return: -15.42%
6M return: -34.60%
1Y return: -52.92%
20D avg volume: 24,747
50 DMA: ₹16.32
200 DMA: ₹21.98

Key ratios Consolidated

Market cap: ₹352.07 Cr
Current price: ₹17.01
52W high / low: ₹37.00 / ₹14.35
Face value: ₹10.00
P/E: 1.97
P/B: —
EPS (TTM): ₹8.61
Book value / share: —
ROE: —
ROCE: 3.30%
Operating margin: —
Net margin: —
Debt / equity: -0.78
Net debt: ₹1,613 Cr
Interest cover: -0.19
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: -4,451.7 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	0.04	0.04	0.04	0.00	0.01	1.69	-143.16	3.07	147.81	2.54	2.54	2.58
	0.08	0.27	31.75	0.17	0.03	47.82	58.95	68.94	100.16	9.03	10.89	6.36
	0.12	0.31	31.79	0.17	0.04	49.51	-84.21	72.01	247.97	11.57	13.43	8.94
	31.17	27.92	31.46	0.38	21.19	22.15	91.70	34.00	182.63	40.56	78.75	45.65
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	1.24	1.72	1.32	0.01	1.50	1.54	-1.06	7.13	1.99	2.40	8.58	5.77
	25.37	24.69	27.62	0.33	17.80	15.54	20.88	22.53	28.15	28.99	44.60	15.77
	0.18	0.20	0.19	0.00	0.20	0.19	0.19	0.19	0.19	0.19	0.09	10.77
	4.38	1.31	2.33	0.03	1.69	4.88	-111.71	0.30	5.45	8.32	9.68	1.74
	-31.05	-27.61	0.33	-0.21	-21.15	27.36	7.49	38.01	65.34	-28.99	-65.32	-36.71
	1.50	258.02	-35.90	-0.67	5.50	0.00	5.27	1.20	573.78	-5.54	12.13	-4.64
	-29.55	230.41	-35.57	-0.88	-15.65	27.36	12.76	39.21	639.12	-34.53	-53.19	-41.35
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	-29.55	230.41	-35.57	-0.88	-15.65	27.36	12.76	39.70	642.14	-34.53	-53.19	-41.35
	-1.43	-11.13	-1.74	-4.26	-1.02	1.32	0.98	1.92	31.02	-1.40	-3.16	-1.77
Key metrics
	-4.00	255.30	-7.76	-0.55	2.35	43.09	33.83	61.93	667.46	-5.35	-8.50	-14.81
	-10,000.00%	6,38,250.00%	-19,400.00%	—	23,500.00%	2,549.70%	-23.60%	2,017.30%	451.60%	-210.60%	-334.60%	-574.00%
	-73,875.00%	5,76,025.00%	-88,925.00%	—	-1,56,500.00%	1,618.90%	-8.90%	1,293.20%	434.40%	-1,359.40%	-2,094.10%	-1,602.70%
	0.60%	—	1.50%	—	-0.30%	—	-3.50%	—	—	—	—	—
	300.00%	-97.60%	100.00%	-100.00%	-100.00%	-33.50%	-5,736.20%	19.00%	—	—	—	—
	-88.80%	742.10%	-378.80%	-102.20%	-102.40%	179.20%	124.00%	196.00%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	0.12	1.78	10.26	20.24	60.67	328.34
	32.27	96.15	237.08	62.38	103.92	224.84
	32.39	97.93	247.34	82.62	164.59	553.18
	90.93	112.60	161.09	200.70	201.16	727.76
	0.00	0.00	0.00	—	—	—
	0.00	0.00	0.00	—	—	—
	4.29	5.54	10.46	24.15	4.03	39.97
	78.01	94.06	100.55	81.39	131.57	356.47
	0.57	0.78	0.76	32.08	41.14	105.92
	8.05	12.22	49.32	19.67	20.49	20.93
	-58.54	-14.67	86.25	-118.08	-36.57	-174.58
	222.95	-97.40	570.32	12.94	1,660	93.81
	164.41	-112.07	656.57	-105.14	1,624	-80.77
	0.00	0.00	0.00	0.83	26.46	0.26
	164.41	-112.07	660.08	-104.31	1,650	-78.03
	-18.56	-6.12	36.26	-5.67	-0.41	-8.30
Key metrics
	242.99	-17.23	757.88	8.33	1,796	381.62
	2,02,491.67%	-968.00%	7,386.70%	41.20%	2,961.10%	116.20%
	1,37,008.33%	-6,296.10%	6,433.50%	-515.40%	2,720.40%	-23.80%
	—	3.30%	-77.70%	—	—	—
	—	-82.70%	-49.30%	-66.60%	-81.50%	—
	156.21%	-117.00%	732.80%	-106.30%	2,215.20%	—
	—	-129.46	530.63	—	—	—
	—	1.16	0.80	—	—	—
	—	-0.78	-0.69	—	—	—
	—	1,613	1,625	—	—	—
	—	-4,451.7	-498.7	—	—	—
Balance sheet
	—	317.02	299.57	—	—	—
	—	39.51	62.96	—	—	—
	—	2.96	6.31	—	—	—
	—	1.28	15.13	—	—	—
	—	1.10	0.99	—	—	—
	—	14.77	15.10	—	—	—
	—	44.31	27.45	—	—	—
	—	24.09	30.14	—	—	—
	—	858.33	1,273	—	—	—
	—	1,615	1,631	—	—	—
	—	83.65	225.58	—	—	—
	—	1,532	1,406	—	—	—
	—	-2,073	-2,380	—	—	—
Cash flow
	—	-129.46	530.63	—	—	—
	—	26.64	267.55	—	—	—
	—	-212.12	-210.73	—	—	—
	—	0.00	0.00	—	—	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	0.04	0.04	0.04	0.00	0.01	4.25	5.19	5.11	5.60	4.59	4.57	4.58
	0.09	0.27	1.39	0.17	0.01	47.78	46.20	73.29	173.27	0.03	2.69	0.11
	0.13	0.31	1.43	0.17	0.02	52.03	51.39	78.40	178.87	4.62	7.26	4.69
	7.36	5.76	12.21	0.24	10.42	10.36	19.40	20.34	27.52	35.37	44.86	13.29
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	0.82	1.02	0.37	0.01	0.46	1.13	2.67	2.24	1.70	2.11	2.53	1.71
	3.85	3.78	10.88	0.21	9.05	7.57	12.79	14.93	23.30	25.30	37.67	6.26
	0.19	0.19	0.19	0.00	0.19	0.19	0.19	0.19	0.19	0.19	0.19	0.19
	2.50	0.77	0.77	0.02	0.72	1.47	3.75	2.98	2.33	7.77	4.32	5.07
	-7.23	-5.45	-10.78	-0.07	-10.40	41.67	31.99	58.06	151.35	-30.75	-37.60	-8.60
	0.00	0.93	206.92	2.24	107.93	0.00	0.00	0.26	-15.14	175.33	-66.99	-0.46
	-7.23	-4.52	196.14	2.17	97.53	41.67	31.99	58.32	136.21	144.58	-104.59	-9.06
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	-7.23	-4.52	196.14	2.17	97.53	41.67	31.99	58.32	136.21	144.58	-104.59	-9.06
	-0.35	-0.22	8.96	10.50	-0.50	2.01	3.10	2.82	7.31	-1.49	-1.82	-0.42
Key metrics
	-3.19	-0.55	207.21	2.38	106.77	49.43	44.97	73.44	159.70	170.07	-66.73	-2.61
	-7,975.00%	-1,375.00%	5,18,025.00%	—	10,67,700.00%	1,163.10%	866.50%	1,437.20%	2,851.80%	3,705.20%	-1,460.20%	-57.00%
	-18,075.00%	-11,300.00%	4,90,350.00%	—	9,75,300.00%	980.50%	616.40%	1,141.30%	2,432.30%	3,149.90%	-2,288.60%	-197.80%
	-49.80%	—	1,909.80%	—	-177.10%	—	-23.00%	—	—	—	—	—
	300.00%	-99.10%	-99.20%	-100.00%	-99.80%	-7.40%	13.60%	11.60%	—	—	—	—
	-107.40%	-110.80%	513.10%	-96.30%	-28.40%	-71.20%	130.60%	743.70%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	0.12	4.33	20.50	15.76	3.33	140.03
	1.92	65.67	292.79	34.36	35.53	162.06
	2.04	70.00	313.29	50.12	38.86	302.09
	25.57	56.56	98.22	70.02	111.39	326.65
	0.00	0.00	0.00	—	—	—
	0.00	0.00	0.00	—	—	—
	2.22	2.46	8.72	7.61	3.65	33.39
	18.72	48.73	76.32	46.95	94.65	180.22
	0.57	0.76	0.76	0.74	0.22	45.26
	4.06	4.61	12.42	14.45	12.36	6.56
	-23.53	13.44	215.07	-19.90	-72.53	-24.56
	210.09	539.28	156.05	-51.27	1,739	-225.15
	186.56	552.72	371.12	-71.17	1,666	-249.71
	0.00	0.00	0.00	0.83	26.46	0.26
	186.56	552.72	371.12	-70.34	1,693	-249.97
	18.89	27.36	28.32	-0.92	-2.23	-12.08
Key metrics
	205.85	602.21	448.20	-23.48	1,761	-24.23
	1,71,541.67%	13,907.90%	2,186.30%	-149.00%	52,886.50%	-17.30%
	1,55,466.67%	12,764.90%	1,810.30%	-446.30%	50,832.10%	-178.50%
	—	5,548.40%	-229.90%	—	—	—
	-99.18%	-78.90%	30.10%	373.30%	-97.60%	—
	-18.71%	48.90%	627.60%	-104.20%	777.20%	—
	—	5.85	-53.13	—	—	—
	—	0.01	-0.14	—	—	—
	—	-0.99	-0.97	—	—	—
	—	741.62	1,258	—	—	—
	—	13.5	-122.0	—	—	—
Balance sheet
	—	18.74	57.78	—	—	—
	—	12.59	26.69	—	—	—
	—	1.37	0.43	—	—	—
	—	1.96	15.52	—	—	—
	—	0.00	0.00	—	—	—
	—	9.22	8.48	—	—	—
	—	1.54	2.30	—	—	—
	—	1.80	22.37	—	—	—
	—	7.90	252.37	—	—	—
	—	742.99	1,258	—	—	—
	—	0.16	150.10	—	—	—
	—	742.83	1,108	—	—	—
	—	-749.89	-1,303	—	—	—
Cash flow
	—	5.85	-53.13	—	—	—
	—	614.21	428.05	—	—	—
	—	-619.97	-379.29	—	—	—
	—	0.00	0.00	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +9.15%
Sales CAGR 5Y: —
Profit CAGR 3Y: -31.14%
Profit CAGR 5Y: —
Sales YoY (TTM): -99.18%
Profit YoY (TTM): -18.71%

Consolidated

Sales CAGR 3Y: -69.16%
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +100.09%
Profit YoY (TTM): +156.21%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 73.75%

Quarter	September 2026	June 2026
Promoter %	73.75%	73.75%

Holder	Type	Holding	Previous	Change
ESSAR SHIPPING MAURITIUS HOLDINGS LIMITED	Promoter	70.43%	70.43%	0.00%
Imperial Consultants and Securities Private Limited	Promoter	3.32%	3.32%	0.00%
ESSAR INVESTMENT HOLDINGS MAURITIUS LIMITED	Promoter	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Great Eastern Shipping Co. Ltd.	23,128	1,573.70	6.00	17.50%	+23.87% TTM	+83.96% TTM	+49.19%
Shreeji Shipping Global Limited	14,209	872.15	88.93	24.60%	—	—	+223.02%
Shipping Corporation Of India Ltd	12,488	268.10	7.72	14.10%	+16.69% TTM	+78.54% TTM	+7.18%
Seamec Ltd	3,935	1,547.65	11.74	18.70%	+73.31% TTM	+281.65% TTM	+78.93%
TRANSWORLD SHIPPING LINES LIMITED	355	161.75	-10.29	-4.90%	+4.06% TTM	-243.33% TTM	-34.26%
Essar Shipping Ltd	352	17.01	1.97	3.30%	+100.09% TTM	+156.21% TTM	-52.92%
GARWARE OFFSHORE SERVICES LIMITED	125	40.73	-12.28	-2.30%	+32.18% TTM	-5.44% TTM	-42.26%
Chowgule Steamships Ltd. S	73	20.10	314.83	2.40%	-13.85% TTM	-116.85% TTM	-14.65%
FLY-HI MARITIME TRAVELS LIMITED	51	35.90	—	—	—	—	—
DATIWARE MARITIME INFRA LIMITED S	17	34.47	-54.71	0.80%	+42.42% TTM	+37.25% TTM	+67.66%
Shahi Shipping Limited S	15	10.50	-7.34	-19.30%	-41.37% TTM	+31.58% TTM	-29.29%

Filings & corporate actions

Recent announcements

Essar Shipping Limited has informed the Exchange about the Sale of Asset: Essar Tug III, owned by Essar Shipping Limited to M/s. Antellia Seamarg Transports Private Limited.4 Nov 2026 · Company Update / General
Unaudited Financial Results (Standalone and Consolidated) for the Quarter and Half-year ended on 30th September, 2026.4 Nov 2026 · Result / Financial Results
Board Meeting Outcome for Outcome Of Board Meeting Of Essar Shipping Limited (The Company) And Disclosure Under Regulation 30 And 33 Of The SEBI (Listing Obligations And Disclosure Requirements) ....4 Nov 2026 · Board Meeting / Outcome of Board Meeting
Essar Shipping Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/11/2026 ,inter alia, to consider and approve Pursuant to Regulation 29 read ....30 Oct 2026 · Board Meeting / Board Meeting
Please find attached herewith Certificate required under Regulation 74 of SEBI (Depositories and Participants) Regulations, 2018, for the quarter and half-year ended on 30th September, 2026.9 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Essar Shipping Limited has informed the exchange about, Disinvestment in Essar Shipping DMCC, U.A.E. and OGD Services Holdings Limited, Mauritius, overseas Whollyowned Subsidiary, Under ....3 Oct 2026 · Company Update / General
Essar Shipping Limited has informed the exchange about, Appointment of a Director in place of Mr. Rajesh Desai (DIN:- 08848625), who retires by rotation in terms of Section 152 of the Companies ....3 Oct 2026 · Company Update / Change in Directorate
Essar Shipping Limited has informed the exchange about, appointment of a Director in place of Mr. Rajesh Desai (DIN:- 08848625), who retire by rotation in term of Section 152 of the Companies ....3 Oct 2026 · Company Update / Change in Management
Voting Results of the 16th Annual General Meeting of Essar Shipping Limited held on Wednesday, 30th September, 2026, at 04.00 pm, through Video-Conference (VC)/ Other Audio-Visual Means (OAVM).3 Oct 2026 · AGM/EGM / AGM
Pursuant to Regulations 30 (6) read with Part A of Schedule III of SEBI (LODR) Regulations, 2015, proceedings of 16th Annual General Meeting is attached herewith.30 Sep 2026 · AGM/EGM / AGM
Intimation of Trading Window Closure for the quarter and half year ended September 2026.25 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Newspaper advertisement for notice of 16th AGM and remote e-voting information.9 Sep 2026 · Company Update / Newspaper Publication
Annual Report of the company for the FY 2025-268 Sep 2026 · Others / Reg. 34 (1) Annual Report
Notice for the 16th Annual Genreal Meeting of the company to be held on Wednesday, 30th September 2026 at 4:00 P.M.8 Sep 2026 · AGM/EGM / AGM
With reference to your communication regarding the discrepancy observed in the Corporate Announcement pertaining to the Outcome of the Board Meeting held on Monday, August 31, 2026, we ....2 Sep 2026 · Company Update / Meeting Updates
Intimation regarding Book Closure for Annual General Meeting for FY 2025-26.1 Sep 2026 · Corp. Action / Book Closure
Pursuant to Regulation 30, 33 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the Listing ....31 Aug 2026 · Others / Outcome without intimation
Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, enclosed herewith details of change in directorate.31 Aug 2026 · Company Update / Change in Directorate
Pursuant to Regulation 30 of SEBI(LODR) Regulation, enclosed herewith disclosure of retirement of Mr. Jayakumar.31 Aug 2026 · Company Update / Change in Management
Pursuant to Regulation 30 of SEBI(LODR) Regulations, 2015, Board has approved the re-appointment of Mr. Suresh, as a Non-Executive Independent Director.31 Aug 2026 · Company Update / Change in Management
Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, the Board has approved the appointment of Mr. Subramanian as an Additional Non-Executive Independent Director of the Company ....31 Aug 2026 · Company Update / Change in Management
Pursuant to regulation 30 and 33of SEBI (LODR)Regulations, 2016 we are hereby submitting the Revised Financial Results for the Quarter ended 30th June, 2026.22 Aug 2026 · Company Update / General
Pursuant to Regulation 33 of the SEBI (LODR) Regulations, 2015, attached herewith Financial Results (Standalone & Consolidated) for the Quarter ended 30th June, 2026.22 Aug 2026 · Result / Financial Results
Please find attached Newspaper Publication dated 13th August, 2026 wherein Unaudited Financial Results of the Company for the quarter ended 30th June, 2026 hab been published in compliance ....13 Aug 2026 · Company Update / Newspaper Publication
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015, Board of Directors of the Company on the recommendation ....12 Aug 2026 · Company Update / General
Pursuant to Regulation 30, 33 and other applicable provisions of the Securities and Exchange Board of<BR> India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the ....12 Aug 2026 · Result / Financial Results
Essar Shipping Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2026 ,inter alia, to consider and approve Pursuant to Regulation 29 read ....7 Aug 2026 · Board Meeting / Board Meeting
Please find attached herewith certificate required under Regulation 74 (5) of SEBI (Depositories and Participants) Regulations, 2015, for quarter ended 30th June, 2026.17 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Pursuant to Regulation 30 read with schedule III of SEBI (LODR) Regulations, 2015, the Board of Directors of the Company at its meeting Held on today i.e. July 04, 2026, has approved availing ....4 Jul 2026 · Company Update / General
Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, we inform you that the Board of Directors of ....4 Jul 2026 · Others / Outcome without intimation
Intimation of Trading Window Closure for quarter ended June 202625 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Newspaper Advertisement - Audited Financial Results for FY 2025-20261 Jun 2026 · Company Update / Newspaper Publication
Appointment of Internal Auditors for FY 2026-202730 May 2026 · Company Update / Change in Management
Audited Financial Results (Standalone & Consolidated) for the quarter and year ended March 31, 2026.30 May 2026 · Result / Financial Results
Outcome of Board Meeting held on Saturday, May 30, 202630 May 2026 · Board Meeting / Outcome of Board Meeting
Essar Shipping Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/05/2026 ,inter alia, to consider and approve Meeting of the Board of Directors ....28 May 2026 · Board Meeting / Board Meeting
Annual Secretarial Compliance Report for the year ended March 31, 2026.27 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Certificate under Regulation 74 (5) of SEBI (Depository Participants) Regulations, 2018, for the Quarter and Year ended 31st March, 2026.9 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation of Closure of Trading Window under SEBI (Prohibition of Insider Trading) Regulations, 2015.26 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, we wish to inform you that Company partially redeemed 1% secured, Redeemable, Unlisted, ....27 Feb 2026 · Company Update / General

Board meetings

4 Nov 2026 Board Meeting - Financial Results
12 Aug 2026 Board Meeting - Financial Results