Great Eastern Shipping Co. Ltd. (IN:GESHIP)
:GESHIP
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Great Eastern Shipping Co. Ltd.
(GESHIP)
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Rating:81Outperform
Price Target:
₹1,633.00
▲(46.42% Upside)
Action:ReiteratedDate:03/07/26
The score is driven primarily by strong financial performance (profitability, low leverage, and positive cash generation) and attractive valuation (very low P/E with a dividend). Technicals are supportive due to a clear uptrend, but overbought indicators reduce the overall score due to near-term pullback risk.
Positive Factors
Strong Profitability
High net profit and EBITDA margins indicate efficient operations and pricing power. Margin resilience supports durable cash generation, cushions earnings through shipping-rate cycles, and enables sustained spending on maintenance, dividends and selective fleet investment over the medium term.
Negative Factors
Revenue Decline
An approximately 8.5% decline in revenue highlights exposure to weaker freight markets or utilization shortfalls. Prolonged top-line contraction pressures operating leverage, reduces funds for fleet renewal and can erode margins and cash generation if not reversed within several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Profitability
High net profit and EBITDA margins indicate efficient operations and pricing power. Margin resilience supports durable cash generation, cushions earnings through shipping-rate cycles, and enables sustained spending on maintenance, dividends and selective fleet investment over the medium term.
Read all positive factors
Great Eastern Shipping Co. Ltd. (GESHIP) vs. iShares MSCI India ETF (INDA)
Market Cap
₹198.40B
Dividend Yield2.51%
Average Volume (3M)30.40K
Price to Earnings (P/E)5.0
Beta (1Y)0.84
Revenue Growth-12.52%
EPS Growth-27.84%
CountryIN
Employees242
SectorEnergy
Sector Strength52
IndustryMarine Shipping
Share Statistics
EPS (TTM)50.20
Shares Outstanding142,767,170
10 Day Avg. Volume10,499
30 Day Avg. Volume30,404
Financial Highlights & Ratios
PEG Ratio-0.54
Price to Book (P/B)0.92
Price to Sales (P/S)2.49
P/FCF Ratio8.95
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)161.4
Revenue Forecast (FY)₹55.61B
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 an...
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 ...
Great Eastern Shipping Co. Ltd. Financial Statement Overview
Summary
Income Statement
85
Very Positive
Balance Sheet
80
Positive
Cash Flow
78
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 48.67B | 52.86B | 51.76B | 56.60B | 34.72B | 33.02B |
| Gross Profit | 19.39B | 22.31B | 24.03B | 26.81B | 9.67B | 9.90B |
| EBITDA | 31.55B | 34.93B | 36.66B | 35.43B | 15.99B | 19.55B |
| Net Income | 20.43B | 23.44B | 26.14B | 25.75B | 6.30B | 9.19B |
Balance Sheet | ||||||
| Total Assets | 177.43B | 176.56B | 168.08B | 152.09B | 139.69B | 141.46B |
| Cash, Cash Equivalents and Short-Term Investments | 84.08B | 79.40B | 67.90B | 52.94B | 39.60B | 40.67B |
| Total Debt | 12.54B | 21.63B | 30.48B | 36.49B | 46.55B | 50.47B |
| Total Liabilities | 25.18B | 33.97B | 44.10B | 49.34B | 59.17B | 64.41B |
| Stockholders Equity | 152.25B | 142.59B | 123.97B | 102.75B | 80.51B | 77.04B |
Cash Flow | ||||||
| Free Cash Flow | 8.63B | 14.72B | 18.77B | 25.09B | 7.48B | 6.68B |
| Operating Cash Flow | 12.43B | 26.47B | 27.22B | 29.75B | 13.23B | 15.34B |
| Investing Cash Flow | -4.02B | -1.91B | -10.86B | -382.90M | -3.75B | -8.73B |
| Financing Cash Flow | -12.41B | -16.75B | -10.73B | -18.93B | -11.89B | -5.05B |
Great Eastern Shipping Co. Ltd. Technical Analysis
Positive
1115.25
Price Trends
1328.54
Positive
1212.94
Positive
1097.45
Positive
Market Momentum
30.37
Positive
54.33
Neutral
62.96
Neutral
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 1115.25 is below the 20-day moving average (MA) of 1420.92, below the 50-day MA of 1328.54, and above the 200-day MA of 1097.45, indicating a bullish trend. The MACD of 30.37 indicates Positive momentum. The RSI at 54.33 is Neutral, neither overbought nor oversold. The STOCH value of 62.96 is Neutral, 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
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | ₹198.40B | 4.96 | ― | 2.51% | -12.52% | -27.84% | |
74 Outperform | ₹746.45B | 14.43 | ― | 2.94% | -1.94% | -28.79% | |
71 Outperform | ₹314.59B | 4.59 | ― | 2.04% | -11.96% | 14.31% | |
66 Neutral | ₹16.71B | 9.40 | ― | 1.71% | 10.19% | -4.18% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
58 Neutral | ₹775.17B | 6.62 | ― | 3.26% | -1.81% | 231.75% |
* Energy Sector Average
IN:GESHIP
Great Eastern Shipping Co. Ltd.
1,389.70
552.36
65.97%
IN:HINDPETRO
Hindustan Petroleum Corporation Limited
364.30
-1.60
-0.44%
IN:MRPL
Mangalore Refinery & Petrochemicals Ltd.
179.50
49.88
38.49%
IN:OIL
Oil India Limited
458.90
118.41
34.78%
IN:PANAMAPET
Panama Petrochem Limited
276.30
-70.55
-20.34%
Great Eastern Shipping Co. Ltd. Corporate Events
Great Eastern Shipping’s AAA Rating Reaffirmed on Rs 1,050 Crore NCDs as Older Issue Redeemed
Jan 5, 2026
The Great Eastern Shipping Company Limited announced that Brickwork Ratings India Pvt. Ltd. has reaffirmed its highest long-term credit rating of BWR AAA with a Stable outlook for the company’s outstanding non-convertible debentures (NCDs) t...
Great Eastern Shipping Closes Trading Window Ahead of Quarterly Results
Dec 31, 2025
The Great Eastern Shipping Company Limited has announced that, under its internal Code for Prevention of Insider Trading and in line with SEBI’s Prohibition of Insider Trading Regulations, the trading window for its securities will be closed...
Great Eastern Shipping Issues Revised Investor Presentation
Dec 11, 2025
Great Eastern Shipping Company Limited has issued a revised investor presentation for its unaudited financial results for the quarter and half-year ending September 30, 2025, correcting an inadvertent error in the previous version. This update is ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.