Valuation: Essar Shipping Limited

Market Cap 4.49B 46.99M 40.59M 38.14M 34.69M 65.21M 66.29M 447M 175M 2.25B 176M 173M 7.48B P/E 2024
-3.66x
P/E 2025 0.68x
Enterprise Value 20.74B 217M 187M 176M 160M 301M 306M 2.06B 807M 10.39B 814M 797M 34.52B EV / Sales 2024
151x
EV / Sales 2025 202x
Free-Float
26.25%
Yield 2024 *
-
Yield 2025 -
08-12 Essar Shipping Limited Reports Earnings Results for the First Quarter Ended June 30, 2026 CI
05-30 Essar Shipping Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2026 CI
02-27 Essar Shipping Partly Redeems Non-Convertible Debentures for INR1.6 Billion MT
02-25 An undisclosed buyer completed the acquisition of an unknown stake in DrillXplore Services Private Limited from Essar Shipping Limited for INR 0.05 million. CI
02-13 An undisclosed buyer agreed to acquire an unknown stake in DrillXplore Services Private Limited from Essar Shipping Limited. CI
02-13 Essar Shipping Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2025 CI
11-14 Essar Shipping Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2025 CI
27/09/25 Essar Shipping Limited Appoints Ketan Kantibhai Shah as Non - Executive, Non- Independent Director, Effective September 26, 2025 CI
03/09/25 Essar Shipping Limited Auditor Raises 'Going Concern' Doubt CI
28/08/25 Essar Shipping Limited Announces Cessation of Mr. Ketan Shah as Non-Executive Additional Director, Effective August 29, 2025 CI
28/08/25 Essar Shipping Limited Announces Executive Changes CI
13/08/25 Essar Shipping Limited Reports Earnings Results for the First Quarter Ended June 30, 2025 CI
21/07/25 Essar Shipping Limited Announces Resignation of Srinivasan Vaidyanathan as Non-Executive Director (Additional Director), Effective July 21, 2025 CI
1 day-10.58%
1 week-11.93%
Current month-12.24%
1 month-13.67%
3 months-26.48%
6 months-42.33%
Current year-36.03%
1 week 17.24
Extreme 17.24
20.3
1 month 17.24
Extreme 17.24
21.34
Current year 17.24
Extreme 17.24
32.29
1 year 17.24
Extreme 17.24
43.26
3 years 11.9
Extreme 11.9
71.54
5 years 6.65
Extreme 6.65
71.54
10 years 4.55
Extreme 4.55
71.54
Manager TitleAgeSince
Director of Finance/CFO - 01/10/2022
Compliance Officer - 29/08/2025
Chief Operating Officer 78 01/07/2023
Director TitleAgeSince
Director/Board Member 68 30/09/2020
Director/Board Member 65 31/08/2021
Chairman 66 29/09/2021
Change 5-day change 1-year change 3-year change Capi.($)
-10.58%-11.93% - - 37.92M
+8.75%+20.98%+46.86%+54.88% 45.02B
+1.71%+0.45%+7.12%+101.17% 33.58B
+3.44%+5.84%+10.70%-30.28% 26.94B
-0.47%-5.17%+179.51%+174.56% 20.41B
+3.04%+4.66%+21.26%+66.71% 16.23B
+0.95%-2.52%-3.85%+24.27% 14.18B
+0.44%+3.35%+51.94%+143.03% 14.09B
+3.06%+4.61%+31.12%+59.46% 13.97B
+0.78%+5.03%+22.08%+70.26% 13.03B
Average +1.11%+3.33%+40.75%+73.78% 21.94B
Weighted average by Cap. +3.32%+4.30%+40.75%+69.91%

Financials

2024 2025
Net sales 202M 2.12M 1.83M 1.72M 1.56M 2.94M 2.99M 20.13M 7.87M 101M 7.95M 7.77M 337M 103M 1.07M 927K 871K 792K 1.49M 1.51M 10.2M 3.99M 51.38M 4.03M 3.94M 171M
Net income -1.18B -12.35M -10.67M -10.02M -9.12M -17.14M -17.42M -117M -45.92M -591M -46.37M -45.36M -1.97B 6.6B 69.03M 59.62M 56.03M 50.95M 95.79M 97.37M 656M 257M 3.31B 259M 254M 10.98B
Net Debt 26.18B 274M 236M 222M 202M 380M 386M 2.6B 1.02B 13.11B 1.03B 1.01B 43.57B 16.25B 170M 147M 138M 125M 236M 240M 1.62B 632M 8.14B 638M 624M 27.04B
Logo Essar Shipping Limited
Essar Shipping Limited is an India-based shipping company. The Company is mainly engaged in fleet operating and chartering activities and operates international and coastal voyages. The Company also invested in diverse business verticals, such as fleet operating and chartering (tankers and dry bulkers), oilfields services (land rigs and semi- submersible rig) and logistics services (trucks, trailers and tippers). The Company’s segments include fleet operating and chartering. It has a fleet of 14 vessels that include VLCCs, Capesizes, Mini-capes, Panamax, Supramaxes and Handysize bulk carriers. The oilfields services business provides contract drilling services to oil and gas companies across the globe. This business owns one semi-submersible rig and 15 land rigs. The Company’s subsidiaries include OGD Services Holdings Limited, Energy II Limited, and Essar Shipping DMCC.
Employees
46
Date Price Change Volume
14/08/26 ₹17.49 -10.58% 1,168,596
13/08/26 ₹19.56 -0.05% 83,732
12/08/26 ₹19.57 -0.71% 117,294
11/08/26 ₹19.71 -1.55% 120,944
10/08/26 ₹20.02 +0.81% 156,833