Essar Shipping

Why is Essar Shipping Ltd falling/rising?

As of 04-Aug, Essar Shipping Ltd's stock price is at 20.14, reflecting a significant decline of 2.04% and a year-over-year return of -22.69%. The company's weak financial health, indicated by negative EBITDA and a high Debt to EBITDA ratio, along with declining investor interest, contributes to its ongoing stock price decline.

As of 04-Aug, Essar Shipping Ltd's stock price is falling, currently at 20.14, which reflects a decrease of 0.42 or 2.04%. The stock has underperformed significantly in the last year, with a return of -22.69%, while the broader market (BSE500) has generated positive returns of 2.91% during the same period. This underperformance is indicative of the company's weak financial health, highlighted by a negative EBITDA of Rs. -15.99 crore and a high Debt to EBITDA ratio of -101.03 times, suggesting a low ability to service debt.<BR><BR>Additionally, the stock has shown a notable decline over the past month, with a drop of 14.19%, contrasting sharply with the Sensex's modest gain of 0.86%. The company's financial results have been concerning, with reported losses and a negative net worth, which raises red flags for investors. The recent performance today also indicates that the stock has underperformed its sector by 3.83%, despite the shipping sector gaining by 2.39%. Furthermore, there has been a decrease in investor participation, with delivery volume falling by 8.13% against the 5-day average, reflecting waning interest in the stock.<BR><BR>Overall, the combination of poor financial metrics, significant underperformance relative to the market and sector, and declining investor participation contributes to the ongoing decline in Essar Shipping Ltd's stock price.

Which are the latest news on Essar Shipping?

How big is Essar Shipping?

As of 10th June, Essar Shipping Ltd has a market capitalization of 475.00 Cr and reported Net Sales of 1.78 Cr, with a Net Profit loss of 112.06 Cr over the latest four quarters.

As of 10th June, Essar Shipping Ltd has a market capitalization of 475.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Essar Shipping reported Net Sales of 1.78 Cr. However, the company experienced a loss of 112.06 Cr in Net Profit during the same period.<BR><BR>The latest annual period for the balance sheet is March 2025. Shareholder's Funds were reported at a loss of 2,379.63 Cr, while Total Assets amounted to 299.57 Cr.

Who are in the management team of Essar Shipping?

The management team of Essar Shipping includes N Srinivasan (Chairman), Bhupinder Singh Kumar, Jayakumar Rajaram, Suresh Ramamirtham, Sunil Modak, and Raji Chandrasekhar (all Independent Directors), along with Nisha Barnwal (Company Secretary), Saraswathy Subramanian (Director), and Rajesh Desai (Executive Director).

The management team of Essar Shipping includes the following members:<BR><BR>1. N Srinivasan - Chairman & Independent Director<BR>2. Bhupinder Singh Kumar - Independent Director<BR>3. Jayakumar Rajaram - Independent Director<BR>4. Suresh Ramamirtham - Independent Director<BR>5. Nisha Barnwal - Company Secretary & Compliance Officer<BR>6. Saraswathy Subramanian - Director<BR>7. Rajesh Desai - Executive Director<BR>8. Sunil Modak - Independent Director<BR>9. Raji Chandrasekhar - Independent Director<BR><BR>If you need more information about any specific member or their roles, feel free to ask!

Who are the peers of the Essar Shipping?

Essar Shipping's peers include TransIndia Real, Snowman Logistic, DJ Mediaprint, and others. Management risk varies from excellent to below average, with Essar Shipping showing below average growth and a 1-year return of -30.22%.

Peers: The peers of Essar Shipping are TransIndia Real, Snowman Logistic, DJ Mediaprint, Transworld Shipp, Tiger Logistics, Lancer Containe., S J Logistics (I), Tara Chand Infra, and ABS Marine.<BR><BR>Quality Snapshot: Excellent management risk is observed at DJ Mediaprint, Tiger Logistics, and Lancer Containe., while Average management risk is found at Snowman Logistic, S J Logistics (I), and Tara Chand Infra. Below Average management risk is present at TransIndia Real, Essar Shipping, Transworld Shipp, and the rest. Growth is Excellent at S J Logistics (I) and Average at Tara Chand Infra, while Below Average growth is noted at TransIndia Real, Snowman Logistic, Essar Shipping, Transworld Shipp, and the rest. Capital Structure is Excellent at TransIndia Real and Tiger Logistics, Good at DJ Mediaprint and ABS Marine, Average at Transworld Shipp and Lancer Containe., and Below Average at Snowman Logistic, Essar Shipping, and the rest.<BR><BR>Return Snapshot: DJ Mediaprint has the highest 1-year return at -0.72%, while Snowman Logistic has the lowest at -41.52%. Essar Shipping's 1-year return of -30.22% is better than Snowman Logistic's but worse than DJ Mediaprint's. Additionally, peers with negative six-month returns include TransIndia Real, Snowman Logistic, Essar Shipping, Lancer Containe., and Tiger Logistics.

What does Essar Shipping do?

Essar Shipping Ltd, a micro-cap company established in 2010, operates in the transport services industry. As of March 2026, it reported net sales of 0 Cr and a net loss of 36 Cr, with a market cap of INR 475 Cr.

Overview:<BR>Essar Shipping Ltd operates in the transport services industry and is categorized as a micro-cap company.<BR><BR>History:<BR>Essar Shipping Limited was incorporated on April 16, 2010, initially as 'Essar Ports & Terminals Limited'. The company changed its name to Essar Shipping Limited on September 7, 2010. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 0 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: -36 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 475 Cr (Micro Cap) <BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 10 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.78 <BR>Return on Equity: 0.71% <BR>Price to Book: -0.23 <BR><BR>Contact Details:<BR>Address: EBTSL PremisesER-2 Bldg Salaya, 44KM 7 Tal Khambhalia Devbhumi Jamnagar Gujarat : 361305 <BR>Email: esl.secretarial@essar.com <BR>Website: http://www.essar.com

Should I buy, sell or hold Essar Shipping Ltd?

Are Essar Shipping Ltd latest results good or bad?

Essar Shipping Ltd's latest results are concerning, showing a net loss of ₹35.57 crores in Q4 FY26, a 59.67% increase from the previous quarter, and a staggering 100.03% decline in net sales year-on-year. The company is in severe financial distress, with a negative book value per share and heavy reliance on non-operating income, indicating a bleak outlook for investors.

Essar Shipping Ltd's latest results are quite concerning and can be classified as bad. In the fourth quarter of FY26, the company reported a net loss of ₹35.57 crores, which is a significant increase of 59.67% compared to the previous quarter. Moreover, net sales were alarmingly low at just ₹0.04 crores, reflecting a staggering 100.03% decline year-on-year.<BR><BR>The company's financial situation is dire, with a negative book value per share of ₹-114.97 and total shareholder funds at ₹-2,379.63 crores, indicating a complete erosion of equity. The operational performance is also troubling, as the company's ability to generate revenue has virtually ceased, leading to an operating profit margin of -9,050% when excluding other income.<BR><BR>Additionally, the company is heavily reliant on non-operating income for survival, which is not sustainable in the long term. The rising interest burden, which increased by 32.28% year-on-year to ₹27.62 crores, further complicates the situation.<BR><BR>Overall, the results highlight a company in severe financial distress, with no clear path to recovery in sight. Investors should approach this situation with caution, as the outlook remains bleak.

When is the next results date for Essar Shipping Ltd?

The next results date for Essar Shipping Ltd is 13 February 2026.

The next results date for Essar Shipping Ltd is scheduled for 13 February 2026.

How has been the historical performance of Essar Shipping?

Essar Shipping has experienced significant fluctuations in financial performance, with net sales dropping from 1,344.16 crore in March 2020 to 10.26 crore in March 2025, while showing signs of recovery in profitability with a profit after tax of 660.08 crore in March 2025. Despite ongoing declines in sales, the company has reduced its total liabilities and improved cash flow from operating activities.

Answer:<BR>The historical performance of Essar Shipping shows significant fluctuations in its financial metrics over the years, with a notable decline in net sales and profitability.<BR><BR>Breakdown:<BR>Essar Shipping's net sales have dramatically decreased from 1,344.16 crore in March 2020 to just 10.26 crore in March 2025. This decline is mirrored in total operating income, which fell from 1,344.16 crore in March 2020 to 10.26 crore in March 2025. The company has faced substantial operating losses, with an operating profit (PBDIT) of -49.52 crore in March 2025, down from a profit of 410.75 crore in March 2020. Despite these losses, the company reported a profit before tax of 656.57 crore in March 2025, a significant recovery from the previous year's loss of -105.14 crore. The profit after tax also turned positive at 660.08 crore in March 2025, compared to a loss of -118.10 crore in March 2024. However, the company's total liabilities have decreased from 2,345.44 crore in March 2020 to 299.57 crore in March 2025, indicating a reduction in debt levels. The cash flow from operating activities showed a positive trend, reaching 530 crore in March 2025, while the closing cash and cash equivalents dropped to 4 crore from 18 crore in March 2024. Overall, Essar Shipping's financial performance reflects a challenging environment with significant recovery signs in profitability despite the ongoing decline in sales and operating income.

Is Essar Shipping technically bullish or bearish?

As of November 6, 2025, Essar Shipping's trend has shifted to mildly bullish, supported by positive daily moving averages and a bullish MACD on the weekly timeframe, though caution is advised due to mixed monthly indicators.

As of 6 November 2025, the technical trend for Essar Shipping has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, supported by a bullish MACD on the weekly timeframe and bullish moving averages on the daily timeframe. The Bollinger Bands indicate a mildly bullish sentiment on the weekly chart, while the monthly indicators show a mixed picture with the MACD and KST both mildly bearish. Overall, the lack of strong signals from the RSI and Dow Theory suggests a cautious approach, but the recent trend change and positive daily moving averages indicate potential for upward movement in the near term.

Who are the top shareholders of the Essar Shipping?

The top shareholders of Essar Shipping include Essar Africa Steel Holdings Limited with 60.09%, individual investors with 21.31%, and M.b. Finmart Private Limited as the highest public shareholder at 1.39%. Promoters also have a pledged holding of 14.02%, while mutual funds and foreign institutional investors each hold only 0.01%.

The top shareholders of Essar Shipping are primarily the promoters, with Essar Africa Steel Holdings Limited holding the largest share at 60.09%. Additionally, individual investors collectively own 21.31% of the company. Other notable shareholders include M.b. Finmart Private Limited, which is the highest public shareholder at 1.39%. Mutual funds and foreign institutional investors (FIIs) hold a very small percentage, with both groups accounting for 0.01% each. There is also a pledged promoter holding of 14.0234%.

Has Essar Shipping declared dividend?

No Dividend History Available