On 4 Nov 2026, Essex Marine was priced at ₹41.00, or 8.9× trailing earnings, against an industry P/E of 19.5×, and the shares are 25% below their 52-week high. It earns ROCE of 19% and ROE of 23%, and sales and net profit grew 40% and 46% a year over 3 years. Debt is 0.55× equity. It is listed on an SME platform with a market cap of ₹63 Cr, ranked 93rd of 127 Packaged Foods companies by market cap; the shares rose 59% over the past year.
- ₹39.87
- ₹43.50
- ₹39.87
- ₹41.00
- 28K
Health check
- ReturnsAhead
+58.7% over a year, better than 6 of 7 peers.
- Price tagCheaper
P/E 8.9 vs industry 19.5.
- GrowthStrong
Sales +40.5%, profit +46.5% a year over 3 years.
- ProfitabilityAverage
ROCE 19.2% vs peer median 15.3%.
- Balance sheetFair
Debt 0.55× equity, interest covered 5.5×, Piotroski 6 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹63 Cr
- Small cap
- P/E
- 8.9
- Industry 19.5
- Price to book
- 1.56
- Peers 8.88
- Dividend yield
- 0.00%
- ROE
- 22.9%
- Peers 14.8%
- ROCE
- 19.2%
- Peers 15.3%
- Debt to equity
- 0.55
- Debt ₹22 Cr
- EPS (TTM)
- ₹4.63
- OPM (TTM)
- 12.9%
- Net margin 10.0%
- Sales growth
- +13.9%
- Latest quarter vs a year ago
- Profit growth
- +0.1%
- Latest quarter vs a year ago
- Price to sales
- 0.99
- EV/EBITDA 8.0
Strengths and risks
Strengths
- Return on equity of 22.9%.
- P/E of 8.9 against an industry P/E of 19.5.
About Essex Marine
Essex Marine Limited engages in the processing and exporting marine and aquaculture products and commercially operating cold storages. The company's products include marine fish and shrimp, aquaculture vannamei shrimp, sole fish, frozen eel, squid, and pomfret. The company exports fish and shrimps under the brand name Essex. Its customers include food service distributors and warehouse chains in China, Europe, and Israel. In addition, the company…
- Headquarters
- Kolkata
- Employees
- 38
- Sector
- Consumer Defensive
- ISIN
- INE1IBY01019
- Website
- essexmpl.com
Price range
- Avg volume (3M)
- 47.3K
- 1-year return
- plus 58.7%
- From 52-week high
- minus 25.1%
Peers · Packaged Foods
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NESTLEINDNestle India | 1,282.10 | plus 1.89% | 2,47,229 | 60.6 | 42.76 | – | 79.9% | 21.0% | – | – | 0.94% | minus 0.5% |
| BRITANNIABritannia Industries | 4,785.00 | minus 3.92% | 1,15,255 | 43.2 | 27.13 | 61.2% | 66.7% | 18.4% | 5.7% | 3.0% | 1.89% | minus 15.5% |
| TATACONSUMTata Consumer Products | 1,086.30 | plus 0.80% | 1,07,511 | 63.3 | 4.86 | 8.3% | 7.6% | 14.0% | 13.9% | 8.6% | 0.92% | minus 8.6% |
| PATANJALIPatanjali Foods | 411.50 | plus 0.19% | 44,776 | 22.7 | 3.42 | 11.2% | 14.8% | 4.2% | 8.7% | 27.0% | 0.98% | minus 28.6% |
| HATSUNHatsun Agro Product | 1,068.10 | plus 0.33% | 23,792 | 66.0 | 12.07 | 20.2% | 19.0% | 10.7% | 11.2% | 29.0% | 1.87% | plus 2.4% |
| MILKYMISTMilky Mist Dairy Food | 297.20 | plus 0.93% | 22,880 | 91.2 | 8.88 | – | 9.7% | 10.1% | – | – | 0.00% | plus 63.7% |
| AWLAWL Agri Business | 167.00 | minus 0.48% | 21,573 | 18.7 | 1.98 | 15.3% | 11.1% | 2.9% | 8.7% | 21.4% | 0.60% | minus 39.5% |
| ESSEXEssex Marine | 41.00 | 0.00% | 63 | 8.9 | 1.56 | 19.2% | 22.9% | 12.9% | 40.5% | 46.5% | 0.00% | plus 58.7% |
| Median of 7 peers | – | 0.33% | 44,776 | 60.6 | 8.88 | 15.3% | 14.8% | 10.7% | 8.7% | 21.4% | 0.94% | −8.6% |
Quarterly results
| ₹ Cr | Mar 25 | Mar 26 |
|---|---|---|
| 24.6 | 28 | |
| 20.6 | 24.3 | |
| 4 | 3.6 | |
| 16.3% | 13.0% | |
| 2.5 | 1.6 | |
| 1.3 | 0.9 | |
| 0.1 | 0.4 | |
| 5.1 | 4.1 | |
| 42.4% | 27.0% | |
| 3 | 3 | |
| 1.94 | 2.15 |
Profit & loss
- Sales CAGR 3Y
- +40.5%
- Profit CAGR 3Y
- +46.5%
- EPS CAGR 3Y
- +51.6%
- ROE
- 22.9%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 21.9 | 19.2 | 37.2 | 60.7 | |
| – | minus 12.5% | +94.4% | +63.0% | |
| 16 | 15.3 | 29 | 50.8 | |
| 5.9 | 3.8 | 8.2 | 9.9 | |
| 26.9% | 20.1% | 22.1% | 16.4% | |
| −0.3 | 1 | 1 | 1.3 | |
| 2.1 | 1.7 | 2.4 | 1.9 | |
| 0.6 | 0.6 | 0.7 | 0.7 | |
| 0 | 0 | 0.1 | −0 | |
| 2.9 | 2.6 | 6.2 | 8.7 | |
| 29.0% | 29.6% | 35.3% | 26.4% | |
| 2 | 1.8 | 4 | 6.4 | |
| – | minus 10.0% | +119.6% | +59.2% | |
| 1.33 | 1.19 | 2.62 | 4.63 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 5.5 | 5.5 | 11 | 15.3 | |
| 5.7 | 7.5 | 4.7 | 24.8 | |
| 19.3 | 16.1 | 27 | 22 | |
| 10.5 | 5.2 | 3.4 | 3.1 | |
| 41 | 34.3 | 46.2 | 65.1 | |
| 20.1 | 20.2 | 20.2 | 25 | |
| – | – | – | 5 | |
| 0.1 | 0.1 | 0.2 | 0 | |
| 1.2 | 0.6 | 0.5 | 3.8 | |
| 19.6 | 13.4 | 25.4 | 31.3 | |
| 41 | 34.3 | 46.2 | 65.1 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 7.8 | 5.1 | −4.9 | −2.9 | |
| −0.1 | −0.6 | −0.6 | −4.8 | |
| −9.7 | −5 | 5.4 | 11 | |
| −2.1 | −0.6 | −0.1 | 3.3 | |
| −0.3 | −0.7 | −0.6 | −5 | |
| 7.5 | 4.4 | −5.4 | −7.9 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.