Great Eastern Shipping Co. Ltd. (GESHIP) AI Stock Analysis

• Market Cap: ₹147.61B
• Dividend Yield: 2.74%
• Average Volume (3M): 30.40K
• Price to Earnings (P/E): 7.2
• Beta (1Y): 0.96
• Revenue Growth: -8.47%
• EPS Growth: -28.53%
• Country: IN
• Employees: 242
• Sector: Energy
• Sector Strength: 52
• Industry: Marine Shipping
• EPS (TTM): N/A
• Shares Outstanding: 142,767,170
• 10 Day Avg. Volume: 10,499
• 30 Day Avg. Volume: 30,404
• PEG Ratio: -0.54
• Price to Book (P/B): 0.92
• Price to Sales (P/S): 2.48
• P/FCF Ratio: 8.95
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 79 Outperform
• Price Target: ₹1,118.00 ▲(9.51% Upside)

Great Eastern Shipping Co. Ltd. is in a strong financial position with effective profitability and a well-managed balance sheet. The stock's valuation is attractive, supported by a low P/E ratio and a solid dividend yield. Technical indicators suggest a stable upward trend, although revenue growth inconsistencies could pose future challenges.

Great Eastern Shipping Co. Ltd. Business Overview & Revenue Model

Company Description

The Great Eastern Shipping Company Limited, through its subsidiaries, engages in the shipping and offshore oilfield businesses in India and internationally. The company is involved in the transportation of crude oil, petroleum products, and gas and dry bulk commodities through dry bulk carriers and tankers. As of March 31, 2022, it operated a fleet of 45 vessels comprising 31 tankers, including 8 crude carriers, 18 product tankers, and 5 LPG carriers; and 14 dry bulk carriers with an aggregating 3.57 million dwt. The company also offers offshore oilfield services, which include the ownership and/or operation of offshore supply vessels and mobile offshore drilling rigs. It serves various industries, oil companies, and governments. The company was incorporated in 1948 and is headquartered in Mumbai, India.

How the Company Makes Money

Great Eastern Shipping Co. Ltd. generates revenue through its two primary business segments: shipping and offshore services. In the shipping segment, the company earns income by leasing out its fleet of tankers and bulk carriers on both time charter and voyage charter contracts. These contracts involve transporting crude oil, petroleum products, liquefied gas, and dry bulk commodities for various clients across the globe. The offshore services segment contributes to revenue by providing support services to the oil and gas industry, including platform supply vessels, anchor handling tug supply vessels, and other specialized vessels for offshore exploration and production activities. Key revenue streams include charter hire fees, freight income, and offshore service charges. The company's earnings are significantly influenced by factors such as global trade demand, oil prices, and shipping rates, as well as long-term contracts and strategic partnerships with major oil companies and international traders.

Great Eastern Shipping Co. Ltd. Financial Statement Overview

Summary

Great Eastern Shipping Co. Ltd. demonstrates strong financial health with high profitability margins and a solid balance sheet. Despite some revenue growth inconsistencies, the company maintains a strong equity base and positive cash flow generation.

Income Statement

Great Eastern Shipping Co. Ltd. displays robust financial health with an impressive net profit margin and strong EBITDA margin, indicating efficient cost management and strong earnings before interest, taxes, depreciation, and amortization. Despite a slight decline in total revenue in recent periods, the company has consistently maintained healthy profitability metrics.

Balance Sheet

The company's balance sheet is strong, characterized by a low debt-to-equity ratio and a high equity ratio, reflecting a solid capital structure with significant equity backing. The increase in stockholders' equity over time suggests consistent reinvestment and growth, although total liabilities have shown fluctuations.

Cash Flow

Cash flow analysis reveals a consistent ability to generate positive free cash flow, with a solid operating cash flow to net income ratio. However, there is a noticeable decline in free cash flow growth rate, which could indicate future challenges in maintaining cash flow levels if revenue growth doesn't pick up.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	50.16B	53.23B	52.55B	56.90B	34.72B	33.37B
Gross Profit	24.11B	26.59B	24.49B	26.81B	9.54B	10.08B
EBITDA	29.87B	35.11B	36.72B	35.51B	16.06B	19.63B
Net Income	20.37B	23.44B	26.14B	25.75B	6.30B	9.19B
Balance Sheet
Total Assets	0.00	176.56B	168.08B	152.09B	139.69B	141.46B
Cash, Cash Equivalents and Short-Term Investments	79.05B	79.40B	67.90B	52.94B	39.60B	40.67B
Total Debt	0.00	21.63B	30.48B	36.49B	46.55B	50.47B
Total Liabilities	-142.59B	33.97B	44.10B	49.34B	59.17B	64.41B
Stockholders Equity	142.59B	142.59B	123.97B	102.75B	80.51B	77.04B
Cash Flow
Free Cash Flow	0.00	14.72B	18.77B	25.09B	7.48B	6.68B
Operating Cash Flow	0.00	26.47B	27.22B	29.75B	13.23B	15.34B
Investing Cash Flow	0.00	-1.91B	-10.86B	-382.90M	-3.75B	-8.73B
Financing Cash Flow	0.00	-16.75B	-10.73B	-18.93B	-11.89B	-5.05B

Great Eastern Shipping Co. Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1020.90
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:GESHIP, the sentiment is Neutral. The current price of 1020.9 is below the 20-day moving average (MA) of 1028.59, above the 50-day MA of 1003.32, and above the 200-day MA of 943.20, indicating a neutral trend. The MACD of 6.27 indicates Positive momentum. The RSI at 48.89 is Neutral, neither overbought nor oversold. The STOCH value of 18.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:GESHIP.

Great Eastern Shipping Co. Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GESHIP	79 Outperform	₹147.61B	7.24	―	2.74%	-8.47%	-28.53%
OIL	70 Outperform	₹678.62B	10.34	―	2.74%	-5.98%	-3.42%
MRPL	69 Neutral	₹246.85B	23.81	―	2.06%	-11.96%	14.31%
PANAMAPET	66 Neutral	₹16.98B	9.46	―	1.78%	12.70%	-10.00%
HINDPETRO	66 Neutral	₹954.54B	9.35	―	2.39%	-1.06%	3.34%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
INDOSOLAR	60 Neutral	₹28.13B	13.18	―	―	2412.32%	―

Great Eastern Shipping Co. Ltd. Corporate Events

Great Eastern Shipping Expands Fleet with Suezmax Acquisition

The Great Eastern Shipping Company Limited has announced the acquisition of a Suezmax Crude Carrier, built in 2010, which will join their fleet by the third quarter of fiscal year 2026. This acquisition, financed through internal accruals, is part of the company’s strategy to expand its fleet, increasing its total to 40 vessels with a combined capacity of 3.29 million deadweight tons, thereby enhancing its operational capacity and market positioning.