Valuation: Essar Shipping Limited

Market Cap 4.49B 46.4M 40.81M 37.91M 34.87M 65.39M 66.56M 453M 177M 2.19B 174M 170M 7.6B P/E 2024
-3.66x
P/E 2025 0.68x
Enterprise Value 20.74B 214M 188M 175M 161M 302M 307M 2.09B 816M 10.12B 804M 787M 35.1B EV / Sales 2024
151x
EV / Sales 2025 202x
Free-Float
26.25%
Yield 2024 *
-
Yield 2025 -
05-30 Essar Shipping Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2026 CI
02-27 Essar Shipping Partly Redeems Non-Convertible Debentures for INR1.6 Billion MT
02-25 An undisclosed buyer completed the acquisition of an unknown stake in DrillXplore Services Private Limited from Essar Shipping Limited for INR 0.05 million. CI
02-13 An undisclosed buyer agreed to acquire an unknown stake in DrillXplore Services Private Limited from Essar Shipping Limited. CI
02-13 Essar Shipping Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2025 CI
11-14 Essar Shipping Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2025 CI
27/09/25 Essar Shipping Limited Appoints Ketan Kantibhai Shah as Non - Executive, Non- Independent Director, Effective September 26, 2025 CI
03/09/25 Essar Shipping Limited Auditor Raises 'Going Concern' Doubt CI
28/08/25 Essar Shipping Limited Announces Cessation of Mr. Ketan Shah as Non-Executive Additional Director, Effective August 29, 2025 CI
28/08/25 Essar Shipping Limited Announces Executive Changes CI
13/08/25 Essar Shipping Limited Reports Earnings Results for the First Quarter Ended June 30, 2025 CI
21/07/25 Essar Shipping Limited Announces Resignation of Srinivasan Vaidyanathan as Non-Executive Director (Additional Director), Effective July 21, 2025 CI
30/05/25 Essar Shipping Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2025 CI
1 day+0.70%
1 week-1.66%
Current month-12.72%
1 month-13.40%
3 months-24.00%
6 months-13.84%
Current year-26.23%
1 week 19.61
Extreme 19.61
20.98
1 month 18.61
Extreme 18.61
24.15
Current year 18.61
Extreme 18.61
32.29
1 year 18.61
Extreme 18.61
43.26
3 years 10.25
Extreme 10.25
71.54
5 years 6.65
Extreme 6.65
71.54
10 years 4.55
Extreme 4.55
71.54
Manager TitleAgeSince
Director of Finance/CFO - 01/10/2022
Compliance Officer - 29/08/2025
Chief Operating Officer 78 01/07/2023
Director TitleAgeSince
Director/Board Member 68 30/09/2020
Director/Board Member 65 31/08/2021
Chairman 66 29/09/2021
Change 5-day change 1-year change 3-year change Capi.($)
+0.70%-1.66% - - 42.87M
-1.45%-0.88%+23.75%+23.66% 36.85B
-0.64%+3.74%+2.98%+94.13% 33.31B
+0.59%+1.34%-2.87%-37.51% 25.52B
+0.70%+12.08%+155.14%+149.92% 18.92B
+2.22%+4.21%+11.16%+74.06% 14.33B
-1.53%+7.64%+51.75%+146.62% 13.56B
+3.45%+4.74%-14.98%+9.95% 13.43B
+0.32%+3.15%+35.51%+71.35% 12.46B
+0.48%+2.00%+2.14%+23.77% 12.4B
Average +0.50%+5.20%+29.40%+61.77% 20.08B
Weighted average by Cap. +0.13%+4.56%+27.47%+56.72%

Financials

2024 2025
Net sales 202M 2.09M 1.84M 1.71M 1.57M 2.95M 3M 20.42M 7.96M 98.72M 7.85M 7.68M 342M 103M 1.06M 932K 866K 796K 1.49M 1.52M 10.35M 4.04M 50.04M 3.98M 3.89M 174M
Net income -1.18B -12.2M -10.73M -9.96M -9.16M -17.19M -17.49M -119M -46.47M -576M -45.78M -44.79M -2B 6.6B 68.16M 59.95M 55.69M 51.22M 96.05M 97.78M 666M 260M 3.22B 256M 250M 11.17B
Net Debt 26.18B 270M 238M 221M 203M 381M 388M 2.64B 1.03B 12.77B 1.01B 993M 44.3B 16.25B 168M 148M 137M 126M 236M 241M 1.64B 639M 7.93B 630M 616M 27.5B
Logo Essar Shipping Limited
Essar Shipping Limited is an India-based shipping company. The Company is mainly engaged in fleet operating and chartering activities and operates international and coastal voyages. The Company also invested in diverse business verticals, such as fleet operating and chartering (tankers and dry bulkers), oilfields services (land rigs and semi- submersible rig) and logistics services (trucks, trailers and tippers). The Company’s segments include fleet operating and chartering. It has a fleet of 14 vessels that include VLCCs, Capesizes, Mini-capes, Panamax, Supramaxes and Handysize bulk carriers. The oilfields services business provides contract drilling services to oil and gas companies across the globe. This business owns one semi-submersible rig and 15 land rigs. The Company’s subsidiaries include OGD Services Holdings Limited, Energy II Limited, and Essar Shipping DMCC.
Employees
46
Date Price Change Volume
24/07/26 20.17 +0.70% 100,904
23/07/26 ₹20.03 -1.04% 138,414
22/07/26 ₹20.24 -2.41% 227,832
21/07/26 ₹20.74 +1.92% 152,462
20/07/26 ₹20.35 -0.78% 97,657