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Great Eastern Shipping Co. Ltd.
(GESHIP)
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Rating:75Outperform
Price Target:
₹1,743.00
▲(21.26% Upside)
Action:Reiterated
Date:08/19/26
The score is driven primarily by strong financial performance (high profitability and significantly reduced leverage) and very compelling valuation (low P/E with a solid dividend yield). These positives are tempered by weak technicals, with price trading below key moving averages and negative MACD indicating poor near-term momentum.
Positive Factors
High Profitability
Exceptionally high net margins indicate strong earnings power and effective operating economics. If profitability remains supported by the company’s tanker, dry bulk, and offshore activities, it can provide substantial internal funding for fleet investment, dividends, and resilience across the shipping cycle.
Negative Factors
Shipping Cyclicality
Dependence on the shipping cycle makes revenue and profitability vulnerable to changing freight conditions and commodity transportation demand. This can create meaningful swings in earnings over a two-to-six-month horizon and limits how confidently current margins can be treated as a permanent baseline.
Read all positive and negative factors
Positive Factors
Negative Factors
High Profitability
Exceptionally high net margins indicate strong earnings power and effective operating economics. If profitability remains supported by the company’s tanker, dry bulk, and offshore activities, it can provide substantial internal funding for fleet investment, dividends, and resilience across the shipping cycle.
Read all positive factors
Great Eastern Shipping Co. Ltd. (GESHIP) vs. iShares MSCI India ETF (INDA)
Market Cap
₹222.90B
Dividend Yield2.71%
Average Volume (3M)64.19K
Price to Earnings (P/E)5.9
Beta (1Y)0.53
Revenue Growth23.87%
EPS Growth83.96%
CountryIN
Employees242
SectorGeneral
Sector StrengthN/A
IndustryMarine Shipping
Share Statistics
EPS (TTM)262.44
Shares Outstanding142,767,170
10 Day Avg. Volume62,629
30 Day Avg. Volume64,191
Financial Highlights & Ratios
PEG Ratio0.27
Price to Book (P/B)1.19
Price to Sales (P/S)3.73
P/FCF Ratio34.37
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)278.68
Revenue Forecast (FY)₹73.09B
Great Eastern Shipping Co. Ltd. Business Overview & Revenue Model
Company Description
The Great Eastern Shipping Company Limited is involved in two primary areas: maritime transportation and offshore oilfield services, catering to clients both within India and globally. Its shipping operations focus on transporting crude oil, refin...
Great Eastern Shipping Co. Ltd. Financial Statement Overview
Summary
Income Statement
86
Very Positive
Balance Sheet
88
Very Positive
Cash Flow
74
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 62.13B | 54.09B | 52.86B | 51.76B | 56.60B | 34.72B |
| Gross Profit | 34.52B | 27.75B | 22.31B | 24.03B | 26.81B | 9.67B |
| EBITDA | 45.98B | 40.51B | 34.93B | 36.66B | 35.43B | 15.99B |
| Net Income | 37.47B | 29.43B | 23.44B | 26.14B | 25.75B | 6.30B |
Balance Sheet | ||||||
| Total Assets | 0.00 | 194.60B | 176.56B | 168.08B | 152.09B | 139.69B |
| Cash, Cash Equivalents and Short-Term Investments | 83.05B | 79.03B | 79.40B | 67.90B | 52.94B | 39.60B |
| Total Debt | 0.00 | 10.87B | 21.63B | 30.48B | 36.49B | 46.55B |
| Total Liabilities | -169.62B | 24.98B | 33.97B | 44.10B | 49.34B | 59.17B |
| Stockholders Equity | 169.62B | 169.62B | 142.59B | 123.97B | 102.75B | 80.51B |
Cash Flow | ||||||
| Free Cash Flow | 8.63B | 5.88B | 14.72B | 18.77B | 25.09B | 7.48B |
| Operating Cash Flow | 12.43B | 29.60B | 26.47B | 27.22B | 29.75B | 13.23B |
| Investing Cash Flow | -4.02B | -14.43B | -1.91B | -10.86B | -382.90M | -3.75B |
| Financing Cash Flow | -12.41B | -16.19B | -16.75B | -10.73B | -18.93B | -11.89B |
Great Eastern Shipping Co. Ltd. Technical Analysis
Positive
1437.40
Price Trends
1435.20
Positive
1413.90
Positive
1380.49
Positive
Market Momentum
20.80
Positive
59.15
Neutral
60.42
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:GESHIP, the sentiment is Positive. The current price of 1437.4 is below the 20-day moving average (MA) of 1531.63, above the 50-day MA of 1435.20, and above the 200-day MA of 1380.49, indicating a bullish trend. The MACD of 20.80 indicates Positive momentum. The RSI at 59.15 is Neutral, neither overbought nor oversold. The STOCH value of 60.42 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:GESHIP.
Great Eastern Shipping Co. Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | ₹222.90B | 5.94 | ― | 2.71% | 23.87% | 83.96% | |
70 Outperform | ₹114.07B | 7.04 | ― | 3.06% | 16.69% | 78.54% | |
61 Neutral | ₹136.96B | 84.28 | ― | 0.12% | ― | ― | |
57 Neutral | ₹3.54B | -10.08 | ― | 0.97% | 4.06% | -243.21% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
50 Neutral | ₹3.07B | 3.36 | ― | ― | -98.62% | -87.40% | |
50 Neutral | ₹3.72B | 18.15 | ― | 0.01% | -33.61% | ― |
* General Sector Average
IN:GESHIP
Great Eastern Shipping Co. Ltd.
1,561.30
518.96
49.79%
IN:ESSARSHPNG
Essar Shipping Limited.
14.81
-25.27
-63.05%
IN:LANCER
Lancer Container Lines Ltd
10.00
-6.95
-41.00%
IN:SCI
Shipping Corporation of India Limited
244.90
-14.30
-5.52%
IN:TRANSWORLD
Transworld Shipping Lines Ltd
161.25
-87.30
-35.12%
IN:SHREEJISPG
Shreeji Shipping Global Limited
840.65
591.68
237.64%
Great Eastern Shipping Co. Ltd. Corporate Events
Great Eastern Shipping launches multi-year fleet expansion with gas carrier and tankers
Oct 23, 2026
Great Eastern Shipping has moved to expand its fleet by contracting to buy a secondhand Very Large Gas Carrier of about 82,000 cbm, built in 2015, with delivery expected in the third quarter of FY27. The vessel, to be financed entirely from intern...
Great Eastern Shipping Names New Head of HR & Admin After Leadership Transition
Oct 4, 2026
The Great Eastern Shipping Company Limited has announced a leadership transition in its human resources function, with long-serving Head (HR Admin) Salil Raghavan retiring from his executive role on 4 October 2026 and continuing as an advisor. Ef...
Great Eastern Shipping Launches ₹900-Crore Open Market Share Buyback
Sep 2, 2026
Great Eastern Shipping Company Limited has approved a capital return initiative via an open market share buyback, targeting fully paid-up equity shares with a face value of ₹10 each. The programme excludes promoter and promoter-group shareho...
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.