ESSARSHPNG

Essar Shipping Share PriceEssar Shipping

₹17.35
0.4 (2.36%)
As on 04 December, 2023 | 02:02 BSE: 533704 NSE: ESSARSHPNGISIN: INE122M01019

Essar Shipping Performance

Day Range

  • Low 16.85
  • High 17.50
₹ 17.35

52 Week Range

  • Low 7.60
  • High 19.40
₹ 17.35
  • Open Price17.00
  • Previous Close16.95
  • Volume190511

Start SIP in Essar Shipping

Start SIP

Essar Shipping Share Price

  • Over 1 Month 16.84%
  • Over 3 Month 23.93%
  • Over 6 Month 84.57%
  • Over 1 Year 87.57%

Essar Shipping Key Statistics

P/E Ratio 0.2
PEG Ratio 0
Market Cap Cr 359
Price to Book Ratio -0.1
EPS -2.2
Dividend 0
Relative Strength Index 57.51
Money Flow Index 40.57
MACD Signal 0.24
Average True Range 0.73

Essar Shipping Investment Rating

  • Master Rating:
  • Essar Shipping has an operating revenue of Rs. 44.63 Cr. on a trailing 12-month basis. An annual revenue de-growth of -70% needs improvement, Pre-tax margin of 2676% is great, ROE of -60% is poor and needs improvement. NULL The stock from a technical standpoint is comfortably placed above its key moving averages, around 6% and 45% from 50DMA and 200DMA. It is currently FORMING a base in its weekly chart and is trading around 6% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 48 which is a POOR score indicating inconsistency in earnings, a RS Rating of 83 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 44 indicates it belongs to a fair industry group of Transportation-Ship and a Master Score of C is fair but needs to improve. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock is lagging behind in earnings parameter, but excellent technical strength makes it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Essar Shipping Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 52101117
Operating Expenses Qtr Cr 4452646
Operating Profit Qtr Cr 0-1-4-2-4-311
Depreciation Qtr Cr 0000000
Interest Qtr Cr 0316434542
Tax Qtr Cr -10-1-9-1700
Net Profit Qtr Cr 3404171,335-12-47236
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 39302
Operating Expenses Annual Cr 17101
Operating Profit Annual in Cr -1339
Depreciation Cr 045
Interest Annual Cr 95180
Tax Annual Cr -260
Net Profit Annual Cr 1,693-250
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 84-16
Cash from Investing Activity Annual Cr 13459
Cash from Financing Annual Activity Cr -104-448
Net Cash Flow Annual Cr -7-6
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr -1,603-3,296
Fixed Assets Annual Cr 40
Total Non Current Assets Annual Cr 4538
Total Current Assets Annual Cr 337364
Total Assets Annual Cr 382401
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs -77-159
ROE Annual % -1060
ROCE Annual % -2-10
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 671143
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 4111514171615
Operating Expenses Qtr Cr 258589620
Operating Profit Qtr Cr -213107710-5
Depreciation Qtr Cr 1111413131215
Interest Qtr Cr 1011-4432756871
Tax Qtr Cr -10-1-9-1700
Net Profit Qtr Cr -36263651,346-41-16226
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 165553
Operating Expenses Annual Cr 28265
Operating Profit Annual in Cr 3263
Depreciation Cr 41106
Interest Annual Cr 132356
Tax Annual Cr -260
Net Profit Annual Cr 1,650-78
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 514140
Cash from Investing Activity Annual Cr 90493
Cash from Financing Annual Activity Cr -969-627
Net Cash Flow Annual Cr -3657
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr -2,742-4,914
Fixed Assets Annual Cr 58112
Total Non Current Assets Annual Cr 99153
Total Current Assets Annual Cr 9481,017
Total Assets Annual Cr 1,0471,170
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs -127-224
ROE Annual % -600
ROCE Annual % -4-6
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 22488

Essar Shipping Technicals

EMA & SMA

Current Price
₹17.35
0.4 (2.36%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹16.64
  • 50 Day
  • ₹15.96
  • 100 Day
  • ₹14.67
  • 200 Day
  • ₹12.92
  • 20 Day
  • ₹16.48
  • 50 Day
  • ₹16.28
  • 100 Day
  • ₹14.33
  • 200 Day
  • ₹11.95

Essar Shipping Resistance and Support

PIVOT
₹17.24
Resistance
First Resistance 17.62
Second Resistance 17.88
Third Resistance 18.27
RSI 57.51
MFI 40.57
MACD Single Line 0.24
MACD 0.27
Support
First Resistance 16.97
Second Resistance 16.58
Third Resistance 16.32

Essar Shipping Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 228,197 22,819,700 100
Week 296,868 29,686,825 100
1 Month 322,050 32,205,038 100
6 Month 549,730 38,816,442 70.61

Essar Shipping Result Highlights

Essar Shipping Synopsis

NSE-Transportation-Ship

Essar Shipping belongs to the Industry of Shipping. Company’s Total Operating Revenue is Rs. 3.33 Cr. and Equity Capital is Rs. 206.98 Cr. for the Year ended 31/03/2023. Essar Shipping Ltd. is a Public Limited Listed company incorporated on 16/04/2010 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L61200GJ2010PLC060285 and registration number is 060285.
Market Cap 359
Sales 8
Shares in Float 5.38
No of funds 174
Yield
Book Value 0.85
U/D Vol ratio 1.3
LTDebt / Equity
Alpha 0.24
Beta 0.77

Essar Shipping

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 73.75%74.37%74.37%74.37%
Mutual Funds 0.01%0.01%0.01%0.01%
Insurance Companies 0.01%0.01%0.01%
Foreign Portfolio Investors
Financial Institutions/ Banks 0.01%0.01%0.01%0.01%
Individual Investors 18.62%18.57%18.85%18.93%
Others 7.61%7.03%6.75%6.67%

Essar Shipping Management

Name Designation
Mr. R Suresh Chairman & Ind.Dire (Non-Exe)
Mr. Rajesh Desai Executive Director
Ms. Raichel Mathew Non Executive Director
Ms. Raji Chandrashekar Ind. Non-Executive Director
Mr. Sunil Modak Ind. Non-Executive Director
Mr. R Jayakumar Ind. Non-Executive Director

Essar Shipping Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Essar Shipping Corporate Action

Date Purpose Remarks
2023-11-08 Quarterly Results
2023-08-08 Quarterly Results
2023-05-29 Audited Results
2023-02-07 Quarterly Results
2022-11-12 Quarterly Results

Essar Shipping FAQs

What is Share Price of Essar Shipping ?

Essar Shipping share price is ₹17 As on 04 December, 2023 | 01:48

What is the Market Cap of Essar Shipping ?

The Market Cap of Essar Shipping is ₹359.1 Cr As on 04 December, 2023 | 01:48

What is the P/E ratio of Essar Shipping ?

The P/E ratio of Essar Shipping is 0.2 As on 04 December, 2023 | 01:48

What is the PB ratio of Essar Shipping ?

The PB ratio of Essar Shipping is -0.1 As on 04 December, 2023 | 01:48

Q2FY23