Essar Shipping LTD

Essar Shipping Ltd (ESSARSHPNG) is a micro-cap Services company valued at ₹335 crore operating in Shipping on the NSE and BSE.

Recent price move

Essar Shipping Ltd last traded at ₹16.12, modestly up 0.62% on the day.

Recent developments

On 2026-06-30, the company reported a net loss of ₹112 crore for the fiscal year ending March 2026, marking a significant swing from the prior year's profit. The latest quarter ended June 2026 showed a net profit of ₹230 crore, up from ₹27 crore in the same quarter a year earlier.

Financial performance

The company's business is deteriorating, with annual revenue falling 82.2% and annual net profit swinging from a profit of ₹660 crore to a loss of ₹112 crore. The latest quarter shows a sharp drop in revenue to ₹0 crore, but net profit surged 753.4% to ₹230 crore compared to the same quarter a year earlier.

Valuation multiples

The stock trades at 3.7 times earnings, a discount to the Services median of 16.3, -0.16 times book value.

Things to watch

The company's net profit margin has plunged to -5,600.0%, down 12,200.0 percentage points from the prior year. Return on equity and return on capital employed are both negative, at -27.6% and -77.8% respectively. The stock is 60.3% below its 52-week high.

Where it stands

Essar Shipping Ltd's financials show a sharp decline in annual revenue and a swing to a net loss, though the latest quarter saw a significant rise in net profit. The stock is 60.3% below its 52-week high, and the company's return on equity and return on capital employed are negative.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.