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Essar Shipping Limited.
(ESSARSHPNG)
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Rating:50Neutral
Price Target:
₹19.00
▼(-25.67% Downside)
Action:Reiterated
Date:10/01/26
The score is held down primarily by very weak and volatile financial performance, including negative equity, heavy debt, and a sharp FY2026 deterioration in earnings and cash flow. Technicals offer only moderate support (short-term strength but longer-term downtrend and negative MACD). Valuation is relatively attractive on P/E, but does not offset the elevated balance-sheet and earnings-quality risks.
Positive Factors
Diversified charter model
Using time-charter, spot voyage, and longer-term transportation contracts gives the company several ways to monetize its vessels. This mix can provide flexibility across shipping cycles while contractual arrangements may support utilization and cash-flow visibility over the next several months.
Negative Factors
Highly stressed balance sheet
Persistent negative equity indicates accumulated losses and a heavily burdened capital structure, while substantial debt reduces financial flexibility. This combination elevates refinancing and solvency risk and can constrain investment or fleet renewal during the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified charter model
Using time-charter, spot voyage, and longer-term transportation contracts gives the company several ways to monetize its vessels. This mix can provide flexibility across shipping cycles while contractual arrangements may support utilization and cash-flow visibility over the next several months.
Read all positive factors
Essar Shipping Limited. (ESSARSHPNG) vs. iShares MSCI India ETF (INDA)
Market Cap
₹3.55B
Dividend YieldN/A
Average Volume (3M)74.15K
Price to Earnings (P/E)4.0
Beta (1Y)1.80
Revenue Growth-98.62%
EPS Growth-87.40%
CountryIN
Employees21
SectorGeneral
Sector StrengthN/A
IndustryMarine Shipping
Share Statistics
EPS (TTM)4.39
Shares Outstanding206,976,060
10 Day Avg. Volume156,532
30 Day Avg. Volume74,149
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)-0.22
Price to Sales (P/S)252.40
P/FCF Ratio-1.51
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Essar Shipping Limited. Business Overview & Revenue Model
Company Description
Essar Shipping Limited, a shipping company, provides sea transportation, logistics, and oilfields services in India, Mauritius, and Indonesia. It operates through Fleet operating and chartering and Oilfields services segments. The company engages ...
How the Company Makes Money
Essar Shipping Limited makes money primarily by earning freight and chartering income from providing marine transportation services. Key revenue streams typically include: (1) Time-charter revenue, where a customer hires a vessel for a fixed perio...
Essar Shipping Limited. Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
8
Very Negative
Cash Flow
18
Very Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.30M | 17.80M | 102.60M | 127.70M | 606.70M | 3.28B |
| Gross Profit | -95.90M | -93.50M | -88.60M | -697.50M | 152.00M | -98.00M |
| EBITDA | 1.00B | -2.32B | 7.58B | 83.30M | 17.96B | 3.82B |
| Net Income | 909.90M | -1.12B | 6.60B | -1.18B | 16.50B | -784.90M |
Balance Sheet | ||||||
| Total Assets | 0.00 | 3.17B | 3.00B | 9.11B | 10.47B | 11.70B |
| Cash, Cash Equivalents and Short-Term Investments | 29.60M | 29.60M | 63.50M | 239.50M | 270.90M | 311.70M |
| Total Debt | 0.00 | 16.15B | 16.31B | 26.42B | 27.04B | 39.12B |
| Total Liabilities | 20.73B | 23.90B | 26.79B | 35.85B | 36.70B | 58.16B |
| Stockholders Equity | -20.73B | -20.73B | -23.80B | -28.07B | -27.42B | -49.14B |
Cash Flow | ||||||
| Free Cash Flow | -216.70M | -2.97B | 3.48B | -469.60M | 5.14B | 1.40B |
| Operating Cash Flow | 61.00M | -2.49B | 5.28B | -465.00M | 5.14B | 1.40B |
| Investing Cash Flow | 518.90M | 265.60M | 2.67B | 567.20M | 903.10M | 4.93B |
| Financing Cash Flow | -572.20M | -925.10M | -2.08B | -705.20M | -9.69B | -6.27B |
Essar Shipping Limited. Technical Analysis
Neutral
25.56
Price Trends
17.61
Negative
20.32
Negative
23.22
Negative
Market Momentum
-0.10
Negative
52.14
Neutral
67.12
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ESSARSHPNG, the sentiment is Neutral. The current price of 25.56 is above the 20-day moving average (MA) of 16.41, above the 50-day MA of 17.61, and above the 200-day MA of 23.22, indicating a neutral trend. The MACD of -0.10 indicates Negative momentum. The RSI at 52.14 is Neutral, neither overbought nor oversold. The STOCH value of 67.12 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:ESSARSHPNG.
Essar Shipping Limited. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
83 Outperform | ₹124.44B | 7.73 | ― | 2.81% | 16.69% | 78.54% | |
75 Outperform | ₹218.47B | 5.83 | ― | 2.76% | 23.87% | 83.96% | |
57 Neutral | ₹126.32B | 77.79 | ― | 0.13% | ― | ― | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
51 Neutral | ₹3.51B | -10.13 | ― | 0.94% | 4.06% | -243.21% | |
50 Neutral | ₹3.55B | 3.99 | ― | ― | -98.62% | -87.40% | |
47 Neutral | ₹4.12B | 20.13 | ― | 0.01% | -33.61% | ― |
* General Sector Average
IN:ESSARSHPNG
Essar Shipping Limited.
17.15
-11.15
-39.40%
IN:GESHIP
Great Eastern Shipping Co. Ltd.
1,530.25
507.79
49.66%
IN:LANCER
Lancer Container Lines Ltd
11.07
-0.71
-6.03%
IN:SCI
Shipping Corporation of India Limited
267.15
44.88
20.19%
IN:TRANSWORLD
Transworld Shipping Lines Ltd
160.00
-92.05
-36.52%
IN:SHREEJISPG
Shreeji Shipping Global Limited
775.35
534.06
221.33%
Essar Shipping Limited. Corporate Events
Essar Shipping Revises June-Quarter Results After EPS Disclosure Error
Aug 22, 2026
Essar Shipping Limited has corrected inadvertent clerical errors in its previously submitted unaudited consolidated financial results for the quarter ended June 30, 2026, specifically in the presentation of earnings per share after exceptional ite...
Essar Shipping Board Clears Q1 Results, Approves Sale of Essar Tug III
Aug 12, 2026
Essar Shipping Limited has announced that its Board of Directors, following the recommendation of the Audit Committee, has approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, along with the lim...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.