Great Eastern Shipping Co. Ltd. (GESHIP) AI Stock Analysis

Great Eastern Shipping Co. Ltd.

(NSE:GESHIP)

Select Model

Rating:81Outperform

Price Target:INR 1,840.00▲(14.97% Upside)

Action:reiterated

Date:08/19/26

The overall score is driven primarily by very strong financial performance, combining solid revenue growth, exceptional margins, and a conservatively financed balance sheet with robust returns on equity. Attractive valuation, reflected in a low P/E and reasonable dividend yield, further supports the score but is tempered by the cyclical nature of shipping earnings and the likelihood that current profitability is above mid-cycle. Technical indicators currently point to a weak trend and negative momentum, yet the low beta and oversold readings suggest limited volatility and potential for stabilization rather than pronounced downside, modestly restraining but not undermining the fundamentally strong profile.

Positive Factors

High ProfitabilityExceptionally high net margins indicate strong earnings power across the company’s shipping and offshore activities. If maintained through normal market conditions, this profitability can support fleet investment, dividends, and resilience when freight or commodity markets become less favorable.

Negative Factors

Free Cash Flow VolatilityThe recent deterioration in free cash flow shows that strong reported profitability has not translated consistently into surplus cash. Higher capital spending or working-capital requirements could constrain distributions, reduce reinvestment flexibility, and make cash outcomes less predictable over the next several quarters.

Great Eastern Shipping Co. Ltd. (GESHIP) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 227.51B
Dividend Yield: 2.65%
Average Volume (3M): 80.31K
Price to Earnings (P/E): 6.1
Beta (1Y): 0.56
Revenue Growth: 23.87%
EPS Growth: 83.96%
Country: India
Employees: 242
Sector: General
Sector Strength: 55
Industry: Marine Shipping

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, refined...

Great Eastern Shipping Co. Ltd. Financial Statement Overview

Summary

Revenue growth is solid with an 11% increase in the latest year, profitability is exceptionally strong with net margin above 54%, and leverage has fallen to very low levels, although margins and returns are likely above mid-cycle and could normalize if shipping markets soften.

Income Statement

88Very Positive

Balance Sheet

92Very Positive

Cash Flow

74Positive

Financial statement breakdown
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	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	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

Technical Analysis SentimentPositive

Last Price1600.40

Price Trends

50DMA1453.34Positive

100DMA1418.19Positive

200DMA1388.07Positive

Market Momentum

MACD29.67Negative

RSI62.73Neutral

STOCH79.52Neutral

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 1600.40 is above the 20-day moving average (MA) of 1538.65, above the 50-day MA of 1453.34, and above the 200-day MA of 1388.07, indicating a bullish trend. The MACD of 29.67 indicates Negative momentum. The RSI at 62.73 is Neutral, neither overbought nor oversold. The STOCH value of 79.52 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

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:GESHIP against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:GESHIP	81Outperform	INR 227.38B	6.07	―	2.65%	23.87%	83.96%
IN:SHREEJISPG	71Outperform	INR 137.53B	84.58	―	0.12%	―	―
IN:SCI	64Neutral	INR 114.07B	7.04	―	3.06%	16.69%	78.54%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:TRANSWORLD	55Neutral	INR 3.38B	-10.05	―	0.97%	4.06%	-243.21%
IN:LANCER	50Neutral	INR 3.72B	18.22	―	―	-33.61%	―
IN:ESSARSHPNG	44Neutral	INR 3.61B	4.00	―	―	-98.62%	-87.40%

* General Sector Average

Performance Comparison

IN:GESHIP and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:GESHIP	Great Eastern Shipping Co. Ltd.	1599.10	576.64	56.40%
IN:ESSARSHPNG	Essar Shipping Limited.	16.72	-19.41	-53.72%
IN:LANCER	Lancer Container Lines Ltd	10.06	-8.06	-44.48%
IN:SCI	Shipping Corporation of India Limited	259.05	15.88	6.53%
IN:TRANSWORLD	Transworld Shipping Lines Ltd	158.10	-87.95	-35.74%
IN:SHREEJISPG	Shreeji Shipping Global Limited	877.15	607.83	225.69%

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 internal...

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....

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 shareholde...

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.

Date of analysis: Aug 19, 2026

Great Eastern Shipping Co. Ltd. AI Stock Analysis