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On 6 Nov 2026, Great Eastern Shipping Co. was priced at ₹1,428.70, or 4.6× trailing earnings, against an industry P/E of 23.5×, and the shares are 21% below their 52-week high. It earns ROCE of 17% and ROE of 19%, and sales fell 1.6% a year over 3 years while net profit grew 4.5%, though net profit is above operating profit, which points to a one-off gain. It has almost no debt, and its dividend yield is 4.0%. It is a small-cap company with a market cap of ₹19,236 Cr, ranked 3rd of 15 Marine Shipping companies by market cap; the shares rose 39% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year
Open
₹1,459.00
Day high
₹1,459.00
Day low
₹1,408.90
Prev. close
₹1,460.00
Volume
14.1 L

Health check

2 good · 1 fair · 2 to check
  • ReturnsAhead

    +38.6% over a year, better than 5 of 7 peers.

  • Price tagDistorted

    A one-off gain inflates profit, so P/E isn’t comparable right now.

  • GrowthSlow

    Sales −1.6%, profit +4.5% a year over 3 years.

  • ProfitabilityAverage

    ROCE 17.4% vs peer median 13.8%.

  • Balance sheetSolid

    Debt 0.06× equity, interest covered 25.1×, Piotroski 7 of 9.

  • Red flags1 to check

    Net profit is above operating profit, so a one-off gain is likely flattering earnings.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Marine Shipping

14 listed peers. Screen the industry

Small cap

₹19,236 Cr, #3 of 15 in its industry by size.

Defensive

Beta 0.37 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹6,213 Cr · profit ₹3,747 Cr
Market cap
₹19,236 Cr
Small cap
P/E
4.6
Industry 23.5
Price to book
1.20
Peers 4.42
Dividend yield
4.03%
ROE
18.8%
Peers 20.0%
ROCE
17.4%
Peers 13.8%
Debt to equity
0.06
Debt ₹1,087 Cr
EPS (TTM)
₹310.20
Face value ₹10
OPM (TTM)
42.5%
Net margin 60.3%
Sales growth
+66.9%
Latest quarter vs a year ago
Profit growth
+159.4%
Latest quarter vs a year ago
Price to sales
3.10
EV/EBITDA 3.7

Strengths and risks

Strengths

  • Return on equity of 18.8%.
  • Practically debt-free.
  • Dividend yield of 4.03%.
  • Quarterly profit up 159.4% on a year ago.
  • Quarterly sales up 66.9% on a year ago.

Risks to check

  • Net profit is above operating profit, so a one-off gain is likely flattering earnings.

Derived automatically from reported figures. Not a recommendation.

About Great Eastern Shipping Co.

The Great Eastern Shipping Company Limited, through its subsidiaries, engages in the shipping and offshore businesses in India and internationally. The company is involved in the transportation of crude oil, petroleum products, gas, and dry bulk commodities. It also operates a fleet of 40 vessels comprising 26 tankers, including 5 crude carriers, 17 product carriers, and 4 LPG carriers; and 14 dry bulk carriers comprising 2 capesize, 9 kamsarmax, 2…

Headquarters
Mumbai
Employees
232
Sector
Industrials
ISIN
INE017A01032
Website
greatship.com

Price range

52 weeks

₹1,056.90₹1,798.00

Today

₹1,408.90₹1,459.00
Avg volume (3M)
8.9 L
1-year return
plus 38.6%
From 52-week high
minus 20.5%

Peers · Marine Shipping

Compare with peersScreen the whole industry
Company
ADANIPORTSAdani Ports and Special Economic Zone1,936.60plus 2.76%4,46,18532.34.3611.0%15.6%44.0%22.9%34.1%0.39%plus 30.5%
JSWINFRAJSW Infrastructure338.30minus 2.31%78,69250.34.4212.0%9.9%36.2%19.0%27.2%0.27%plus 19.5%
GESHIPGreat Eastern Shipping Co.1,428.70minus 2.14%19,2364.61.2017.4%18.8%42.5%−1.6%4.5%4.03%plus 38.6%
SHREEJISPGShreeji Shipping Global884.55plus 2.40%14,41188.718.71–21.1%24.4%−5.4%8.7%0.23%plus 219.9%
SCIShipping Corporation of India261.07minus 0.90%12,1616.11.3414.1%15.5%23.5%−0.1%15.8%2.80%plus 5.3%
KMEWKnowledge Marine & Engineering Works652.80minus 79.23%8,27960.714.0013.4%20.0%39.9%7.6%18.8%0.00%plus 125.5%
GPPLGujarat Pipavav Port166.49plus 3.23%8,05214.63.3726.7%21.8%52.0%6.6%18.0%6.06%minus 0.9%
CORDELIAWaterways Leisure Tourism88.29minus 2.03%6,39256.68.3559.8%92.1%21.1%6.3%−1.9%0.00%plus 32.2%
Median of 7 peers–−0.90%12,16150.34.4213.8%20.0%36.2%6.6%18.0%0.27%30.5%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26
1,2011,2421,4541,5112,005
771810899950914
4314315555611,092
35.8%34.7%38.2%37.1%54.4%
150272172301163
44.943.62522.919.9
0−58.9144203131
5366018471,0431,365
5.9%3.2%4.0%−0.1%4.1%
5055818131,0441,309
35.2740.6456.8072.9891.49

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
−1.6%
Profit CAGR 3Y
+4.5%
EPS CAGR 3Y
+4.5%
ROE
18.8%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
5,6605,1765,2865,385
–minus 8.6%+2.1%+1.9%
2,5632,3432,6312,519
3,0972,8332,6552,866
54.7%54.7%50.2%53.2%
139267362703
278246218126
712726813889
308566476471
2,5542,6942,4623,026
−0.8%3.0%4.8%2.8%
2,5752,6142,3442,943
–+1.5%minus 10.3%+25.5%
180.00182.74163.87205.69

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
143143143143
10,13312,25514,11616,820
3,6493,0482,1631,087
1,2841,3621,2331,411
15,20916,80817,65619,460
8,5058,4258,2519,426
61.310219.8103
39.92714071.8
5,3266,7367,9407,939
1,2771,5191,3051,920
15,20916,80817,65619,460

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
2,9752,8082,6472,854
−38.3−915−191−1,187
−1,893−1,330−1,675−1,769
1,043563781−102
−465−845−1,175−2,372
2,5091,9631,472481
−360−493−501−411

Shareholding pattern

Source: NSE filings

NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 26.0% (Yahoo estimate).

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you