Essar Shipping

Who are in the management team of Essar Shipping?

As of March 2022, the management team of Essar Shipping includes Chairman N Srinivasan, along with several independent directors and executive members, such as Rajesh Desai as Executive Director and Nisha Barnwal as Company Secretary. The team combines independent oversight with executive leadership.

As of March 2022, 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>This team comprises a mix of independent directors, executive leadership, and compliance oversight.

Has Essar Shipping declared dividend?

No Dividend History Available

Who are the peers of the Essar Shipping?

Essar Shipping's peers include Container Corporation, Delhivery, Blue Dart Express, GE Shipping, SCI, Transworld Shipping, Sical Logistics, Tiger Logistics, DJ Mediaprint, and Tara Chand Infra. Key insights show varying management risks and growth rates, with Tiger Logistics leading in 1-year returns at 39.53%, while Essar Shipping has a return of 8.88%.

Peers: The peers of Essar Shipping are Container Corpn., Delhivery, Blue Dart Expres, GE Shipping Co, S C I, Transworld Shipp, Sical Logistics, Tiger Logistics, DJ Mediaprint, and Tara Chand Infra.<BR><BR>Quality Snapshot: Excellent management risk is observed at GE Shipping Co and Blue Dart Expres, while Average management risk is found at Container Corpn. and S C I, and the rest have Below Average management risk. Growth is Good at Delhivery, Blue Dart Expres, and GE Shipping Co, while Below Average growth is seen at Container Corpn., S C I, Essar Shipping, Transworld Shipp, Sical Logistics, and the rest. Capital Structure is Excellent at Container Corpn. and GE Shipping Co, Good at Blue Dart Expres and S C I, Average at Tiger Logistics, and Below Average at Essar Shipping, Transworld Shipp, Sical Logistics, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Tiger Logistics at 39.53%, while the lowest is Container Corpn. at -32.86%. Essar Shipping's own 1-year return is 8.88%, which is higher than Container Corpn. but lower than Tiger Logistics. Additionally, several peers, including Transworld Shipp, Sical Logistics, and DJ Mediaprint, have negative six-month returns.

What does Essar Shipping do?

Essar Shipping Ltd, a micro-cap company established in 2010, operates in the transport services industry, reporting net sales of -1,432 Cr and a net profit of 128 Cr for March 2025. Key metrics include a P/E ratio of 7.00 and a market cap of INR 588 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 Ltd was incorporated on April 16, 2010, originally under the name Essar Ports & Terminals Ltd. The company changed its name to Essar Shipping Ltd on September 7, 2010. The latest quarterly results reported net sales and net profit for March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: -1,432 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 128 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 588 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 7.00 <BR>Industry P/E: 8 <BR>Dividend Yield: 0.00% <BR>Debt Equity: -0.72 <BR>Return on Equity: 3.17% <BR>Price to Book: -0.25 <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 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%.

How big is Essar Shipping?

As of 24th July, Essar Shipping Ltd has a market capitalization of 604.00 Cr, with recent net sales of 10.26 Cr and a net profit of 660.08 Cr over the last four quarters. The company reports shareholder's funds at a loss of 2,807.31 Cr and total assets valued at 911.02 Cr.

As of 24th July, <BR><BR>Market Cap: Essar Shipping Ltd has a market capitalization of 604.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 10.26 Cr, while the sum of Net Profit for the same period is 660.08 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2024. Shareholder's Funds stand at a loss of 2,807.31 Cr, and Total Assets are valued at 911.02 Cr.

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.

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.

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.

Are Essar Shipping Ltd latest results good or bad?

Essar Shipping Ltd's latest Q2 FY26 results are poor, showing a net loss of ₹15.65 crores and a 99.41% drop in net sales to ₹0.01 crores, indicating severe operational challenges and financial distress. Analysts recommend a strong sell for existing shareholders.

Essar Shipping Ltd's latest results for Q2 FY26 are decidedly bad. The company reported a net loss of ₹15.65 crores, which represents a staggering decline of 157.20% compared to the previous quarter and a 102.44% drop year-on-year. Net sales plummeted to just ₹0.01 crores, marking a 99.41% decrease from the previous quarter and a nearly complete collapse of revenue compared to ₹147.81 crores in the same quarter last year.<BR><BR>The operating margin, excluding other income, is alarmingly negative at -31,800%, indicating severe operational challenges. Additionally, the company's book value per share is negative at ₹-114.97, reflecting significant financial distress and negative shareholder funds amounting to ₹-2,379.63 crores.<BR><BR>Overall, these results highlight a critical operational breakdown, with the company facing existential risks due to its inability to generate revenue and manage its debt obligations effectively. The situation is dire, and analysts are recommending a strong sell for existing holders.

Should I buy, sell or hold Essar Shipping Ltd?

Why is Essar Shipping Ltd falling/rising?

As of 17-Mar, Essar Shipping Ltd's stock price is rising to 24.00 after a trend reversal, but it faces significant financial challenges, including a high debt-to-EBITDA ratio and negative net worth, which may deter long-term investors. Despite recent gains, the company's overall outlook remains precarious due to volatility and poor financial performance.

As of 17-Mar, Essar Shipping Ltd's stock price is rising, currently at 24.00, reflecting an increase of 0.67 (2.87%). This upward movement comes after a trend reversal, as the stock has gained after four consecutive days of decline. Additionally, it has outperformed its sector by 0.66%. <BR><BR>Despite this recent rise, the stock has shown significant volatility over the past week and month, with declines of 6.21% and 16.52%, respectively. The company is currently trading below its moving averages across various time frames, indicating a generally bearish trend. However, there has been a notable increase in investor participation, with delivery volume rising by 22.7% compared to the five-day average, suggesting a potential shift in market sentiment.<BR><BR>On the downside, the company faces serious financial challenges, including a negative book value and a high debt-to-EBITDA ratio of 9.32 times, which raises concerns about its ability to service debt. Furthermore, the company has reported losses and has a negative net worth, which could deter long-term investors. The recent negative financial results, including a significant drop in profit before tax, further complicate its outlook.<BR><BR>In summary, while Essar Shipping Ltd is experiencing a short-term rise in stock price, the underlying financial weaknesses and recent performance trends indicate a precarious position for the company moving forward.

Why is Essar Shipping Ltd falling/rising?

As of 18-Mar, Essar Shipping Ltd's stock price is currently at 24.35, showing a short-term increase of 1.63% due to recent gains and higher investor participation. However, it remains below key moving averages, indicating longer-term underperformance despite the potential for a short-term rebound.

As of 18-Mar, Essar Shipping Ltd's stock price is rising, currently at 24.35, reflecting a change of 0.39 or 1.63% increase. This upward movement can be attributed to a consecutive gain over the last two days, during which the stock has risen by 4.37%. Additionally, there has been a notable increase in investor participation, with delivery volume on 17 March rising by 18.15% compared to the 5-day average. <BR><BR>Despite this positive short-term performance, it is important to note that the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a longer-term trend of underperformance. Furthermore, over the past week, the stock has declined by 3.33%, and over the past month, it has fallen by 13.62%. However, the current rise in price suggests a potential rebound, at least in the short term, amidst increasing trading activity.

Why is Essar Shipping Ltd falling/rising?

As of 19-Mar, Essar Shipping Ltd's stock price is at 23.91, reflecting a decline of 1.08%. The stock has underperformed against the Sensex, with significant drops over the past week and month, indicating a bearish trend and decreased investor confidence.

As of 19-Mar, Essar Shipping Ltd's stock price is falling, currently at 23.91, which reflects a decrease of 0.26 or 1.08%. This decline follows a trend where the stock has underperformed against the benchmark Sensex, with a 1-week performance of -4.09% compared to -2.40% for the Sensex. Over the past month, the stock has dropped by 12.83%, while the Sensex fell by 10.05%. <BR><BR>Additionally, the stock has shown a trend reversal, having fallen after two consecutive days of gains. It is also trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Investor participation has decreased, with a delivery volume of 1.36 lacs on 18 March, which is down by 20.34% compared to the 5-day average. This reduction in trading activity suggests a lack of confidence among investors, contributing to the stock's decline. Overall, these factors indicate that Essar Shipping Ltd is experiencing a downward movement in its stock price.

Why is Essar Shipping Ltd falling/rising?

As of 20-Mar, Essar Shipping Ltd's stock price is declining, currently at 23.65, with a year-to-date drop of -13.87% and significant financial instability indicated by a high debt-to-EBITDA ratio and reported losses. The stock is underperforming against benchmarks and experiencing reduced investor interest.

As of 20-Mar, Essar Shipping Ltd's stock price is falling, currently at 23.65, reflecting a change of -0.1 (-0.42%). The stock has been underperforming significantly, with a consecutive decline over the last two days, resulting in a total drop of -2.15% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.<BR><BR>The company's performance over various time frames shows a concerning picture, with a year-to-date decline of -13.87% and a one-month drop of -11.98%, which is worse than the benchmark Sensex's performance. Furthermore, the stock has a negative book value and a high debt-to-EBITDA ratio of 9.32 times, suggesting weak long-term fundamental strength and low ability to service debt. This financial instability is compounded by reported losses and a negative net worth, which are significant red flags for investors.<BR><BR>Investor participation has also decreased, with delivery volume falling by -32.2% compared to the 5-day average, indicating reduced interest in trading the stock. The negative results reported for the company, including a loss of Rs -37.77 crore in profit before tax and the lowest cash and cash equivalents at Rs 5.26 crore, further contribute to the stock's decline. Overall, these factors collectively explain why Essar Shipping Ltd's stock price is falling.

Which are the latest news on Essar Shipping?