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

• Market Cap: ₹150.59B
• Dividend Yield: 2.57%
• Average Volume (3M): 30.40K
• Price to Earnings (P/E): 7.4
• Beta (1Y): 0.93
• Revenue Growth: -12.52%
• EPS Growth: -27.84%
• Country: IN
• Employees: 242
• Sector: Energy
• Sector Strength: 52
• Industry: Marine Shipping
• EPS (TTM): 38.30
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 79 Outperform
• Price Target: ₹1,261.00 ▲(16.19% Upside)

Great Eastern Shipping Co. Ltd. is in a strong financial position with effective profitability and a well-managed balance sheet. The stock's technical indicators show a positive trend, although caution is advised due to potential overbought conditions. The valuation is attractive, with a low P/E ratio and a reasonable dividend yield, making it a compelling investment in the marine shipping industry.

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

Company Description

Great Eastern Shipping Co. Ltd. (GESHIP) is a prominent Indian shipping company that operates in the maritime industry, primarily engaged in the transportation of crude oil, petroleum products, and dry bulk cargo. Established in 1948, GESHIP has expanded its fleet to include a diverse range of vessels such as tankers and bulk carriers, catering to both national and international shipping needs. The company also operates in the offshore segment, providing support services for exploration and production activities in the oil and gas sector.

How the Company Makes Money

Great Eastern Shipping Co. Ltd. generates revenue primarily through the operation of its fleet, which includes both crude carriers and dry bulkers. The company earns money by charging shipping fees to clients for transporting goods across various routes, with contracts typically structured on a time-charter or voyage-charter basis. In addition to shipping, GESHIP also benefits from its offshore services, which provide support for oil and gas exploration and production, contributing a significant portion of its revenue. The company maintains strategic partnerships with major oil corporations and other maritime entities, enhancing its market presence and securing long-term contracts that stabilize cash flow. Additionally, fluctuations in global oil prices and demand for shipping services can impact revenue, making the company sensitive to changes in the global economy and maritime trade dynamics.

Great Eastern Shipping Co. Ltd. Financial Statement Overview

Summary

Great Eastern Shipping Co. Ltd. demonstrates strong financial health with robust profitability metrics and a solid balance sheet. The company maintains a strong equity base and positive cash flow generation, although there is a need to address inconsistent revenue growth and declining free cash flow growth rate.

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	31.84B	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: Positive
• Last Price: 1085.25
• 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 Positive. The current price of 1085.25 is below the 20-day moving average (MA) of 1092.32, above the 50-day MA of 1050.79, and above the 200-day MA of 954.67, indicating a neutral trend. The MACD of 19.19 indicates Positive momentum. The RSI at 51.18 is Neutral, neither overbought nor oversold. The STOCH value of 19.02 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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	₹150.59B	7.39	―	2.57%	-12.52%	-27.84%
OIL	76 Outperform	₹684.07B	11.45	―	2.82%	-1.94%	-28.79%
MRPL	68 Neutral	₹308.28B	29.74	―	1.80%	-11.96%	14.31%
HINDPETRO	67 Neutral	₹1.03T	7.41	―	3.35%	-1.81%	231.75%
PANAMAPET	66 Neutral	₹17.91B	9.51	―	1.66%	10.19%	-4.18%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
INDOSOLAR	50 Neutral	₹24.12B	11.30	―	―	2412.32%	―

Great Eastern Shipping Co. Ltd. Corporate Events

Great Eastern Shipping Expands Fleet with New Ultramax Carrier

The Great Eastern Shipping Company Limited has announced its acquisition of a 2019 Japanese-built Ultramax dry bulk carrier, expected to join its fleet by Q4 FY26. This strategic expansion, financed through internal accruals, aims to bolster the company’s fleet capacity. The company is also planning to sell a Suezmax crude tanker and a Medium Range product tanker by Q3 FY26, reflecting its active fleet management strategy.

Great Eastern Shipping to Review Financial Results and Host Earnings Call

Great Eastern Shipping Co. Ltd. has announced that its Board of Directors will meet on November 7-8, 2025, to review the financial results for the quarter and half-year ending September 30, 2025. An earnings call is scheduled for November 10, 2025, where the company’s financial performance will be discussed, followed by a Q&A session with senior management. This meeting and subsequent call are crucial for stakeholders as they provide insights into the company’s financial health and future outlook.

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.