The Great Eastern Shipping Company Limited

The Great Eastern Shipping Company Limited (GESHIP) is a mid-cap Services company valued at ₹22,169 crore operating in Shipping on the NSE and BSE.

Recent price move

The Great Eastern Shipping Company Limited last traded at ₹1,473.5, down 4.51% on the day.

Recent developments

On 2026-08-31, the company announced a buyback of shares, which is a positive development for the business as it signals confidence in the company's future prospects.

Financial performance

The company's annual revenue rose 1.6% year-over-year, while net profit surged 25.5% due to improved margins. The latest quarter saw revenue jump 67.0% compared to the same quarter a year earlier, and net profit soared 159.7%, driven by strong performance in the shipping and oil drilling services sectors.

Valuation multiples

The stock trades at 7.2 times earnings, a discount to the Services median of 16.3, 1.18 times book value. It yields 1.0%.

Things to watch

The stock is 16.2% below its 52-week high, and the company's revenue growth has slowed in recent years, with a 3-year CAGR of -1.7%.

Where it stands

The company has delivered strong net profit growth, with a 25.5% annual increase and a 159.7% jump in the latest quarter. The stock is currently 16.2% below its 52-week high, but the recent buyback announcement suggests management remains optimistic about the business.

Summarised by DocStoX's model on 2026-10-17 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.