Essar Shipping

Which are the latest news on Essar Shipping?

Why is Essar Shipping Ltd falling/rising?

As of 05-Sep, Essar Shipping Ltd's stock price is rising to 16.99, with a recent increase of 0.59%. However, this short-term gain contrasts with significant long-term declines, including a year-to-date drop of 38.13%, and reduced investor participation may affect future performance.

As of 05-Sep, Essar Shipping Ltd's stock price is rising, currently at 16.99, with a change of 0.1 (0.59%) increase. The stock has been gaining for the last two days, showing a return of 1.8% during this period. This upward movement is notable as it contrasts with the broader market, where the Sensex has declined by 0.97% over the past week. <BR><BR>Despite the recent gains, it is important to note that the stock has experienced significant declines over longer periods, with a year-to-date drop of 38.13% and a one-year decline of 31.79%. Additionally, the stock's performance over the past month shows a decrease of 15.64%, indicating a challenging environment overall.<BR><BR>The stock's current price is higher than its 5-day moving averages but remains lower than its 20-day, 50-day, 100-day, and 200-day moving averages, suggesting that while there is a short-term upward trend, it may not be strong enough to indicate a sustained recovery. Furthermore, there has been a decrease in investor participation, with delivery volume falling by 8.73% compared to the 5-day average, which could impact future price movements. <BR><BR>In summary, while Essar Shipping Ltd is currently experiencing a rise in stock price, this is set against a backdrop of significant longer-term declines and reduced investor engagement.

Who are in the management team of Essar Shipping?

The management team of Essar Shipping includes Chairman N Srinivasan, along with independent directors Bhupinder Singh Kumar, Jayakumar Rajaram, Suresh Ramamirtham, Sunil Modak, and Raji Chandrasekhar, as well as Company Secretary Nisha Barnwal, Director Saraswathy Subramanian, and Executive Director Rajesh Desai. This diverse team provides strong governance and expertise to the company.

The management team of Essar Shipping includes the following individuals:<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>This team brings a diverse range of expertise and governance to the company.

What does Essar Shipping do?

Essar Shipping Limited, a micro-cap company established in 2010, operates in the transport services industry, reporting net sales of 0 Cr and a net profit of 230 Cr for June 2026. The company has a market cap of INR 338 Cr and key financial metrics include a debt equity ratio of -0.78 and a return on equity of 0.71%.

Overview:<BR>Essar Shipping Limited operates in the transport services industry and is classified 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 most recent quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 0 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 230 Cr (Quarterly Results - Jun 2026)<BR>- Market Cap: INR 338 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A<BR>- Industry P/E: 8<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: -0.78<BR>- Return on Equity: 0.71%<BR>- Price to Book: -0.17<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

Who are the peers of the Essar Shipping?

Essar Shipping's peers include Lancer Container, Paradeep Parakh, Transworld Shipping, AVG Logistics, Tiger Logistics, Tara Chand Infrastructure, Committed Cargo, and OneClick Logistics. In terms of management risk, growth, and capital structure, Essar Shipping ranks below average compared to its peers, with a 1-year return of -29.08%.

Peers: The peers of Essar Shipping are Lancer Containe., Paradeep Pari., Transworld Shipp, AVG Logistics, Tiger Logistics, Tara Chand Infra, Committed Cargo, and OneClick Logisti.<BR><BR>Quality Snapshot: Excellent management risk is observed at Lancer Containe., Paradeep Pari., and Tiger Logistics, while Average management risk is found at AVG Logistics, Tara Chand Infra, and Committed Cargo, and the rest. Below Average management risk is noted at Transworld Shipp, Essar Shipping, and OneClick Logisti. Growth is Good at Paradeep Pari. and Tiger Logistics, while Below Average growth is seen at Lancer Containe., Transworld Shipp, Essar Shipping, AVG Logistics, Tara Chand Infra, and the rest. Average growth is noted at Committed Cargo, while Excellent growth is observed at OneClick Logisti. Capital Structure is Excellent at Tiger Logistics and Committed Cargo, Average at Lancer Containe., Tara Chand Infra, and AVG Logistics, and Below Average at Transworld Shipp, Essar Shipping, and OneClick Logisti.<BR><BR>Return Snapshot: Paradeep Pari. has the highest 1-year return at 109.07%, while Transworld Shipp has the lowest at -29.92%, with Essar Shipping's own 1-year return at -29.08%, indicating a slightly better performance than Transworld Shipp. Additionally, peers with negative six-month returns include Transworld Shipp, Essar Shipping, Tiger Logistics, and AVG Logistics.

How big is Essar Shipping?

As of 31st August, Essar Shipping Ltd has a market capitalization of 338.00 Cr, with recent net sales of 0.13 Cr and a net profit of 90.99 Cr. Shareholder's funds show a loss of 2,379.63 Cr against total assets of 299.57 Cr as of March 2025.

As of 31st August, Essar Shipping Ltd has a market capitalization of 338.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Essar Shipping reported Net Sales of 0.13 Cr and a Net Profit of 90.99 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, where Shareholder's Funds stand at a loss of 2,379.63 Cr and Total Assets are valued at 299.57 Cr.

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