The Great Eastern Shipping Company Ltd.
Snapshot View

370.05 +7.65 ▲2.1%

26 July 2021, 04:00:00 P.M.
Volume: 49,124

Overview View Details

Sector Logistics Compare with Sector peers
Industry Shipping Compare with Industry peers
Website http://www.greatship.com
Financial Indicators
Market Cap 5,438.49 Cr.
Earnings per share (EPS) 62.50 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 5.92 Trailing Twelve Months Ending 2021-03
Industry PE - Trailing Twelve Months Ending 2021-03
Book Value / Share 524.22 Trailing Twelve Months Ending 2021-03
Price to Book Value 0.71 Calculated using Price: 370.05
Dividend Yield 2.43 Period Ending 2021-03
No. of Shares Subscribed 14.70 Cr. 146,966,484 Shares
FaceValue 10
Company Profile

The Great Eastern Shipping Company Ltd. is India's largest private sector shipping service provider enjoying a formidable presence in the international maritime industry. The shipping business operates under two main businesses: dry bulk carriers and tankers. Backed by an enviable clientele comprising industry leaders, international oil companies and governments who vouch for its services, the division has earned the status of being the most preferred shipping service provider. With a pulse on the global market and a thorough understanding of the ever-evolving market needs, the division is well-equipped to anticipate the demands of its clients and to deliver on its commitments, successfully and satisfactorily. The company has been certified to ISO 9001: 2015, ISO 14001: 2015 and ISO 45001: 2018 standards by DNV.GL.

Business area of the company

The Great Eastern Shipping Company Ltd. is involved in the bulk shipping business i.e. transportation of crude oil, petroleum products, gas and dry bulk commodities. 

Milestones

  • 1992 - Received Government of India approval
  • 1993 - Obtained the licence from Coal India Limited (CIL)
  • 1994 to 1997 - Paid signature bonus of over $ 300,000 to CIL
  • 1994 to 1997 - Core-hole exploration, and tested commercial viability
  • 1998 - CBM administration shifted from ministry of coal to ministry of petroleum
  • 1998 - Submitted application for petroleum exploration licence
  • 2001 - Production sharing contract signed with the ministry of petroleum and natural gas
  • 2001 - Petroleum exploration licence was granted
  • 2002 - Started 3-pilot production well program
  • 2004 - Struck gas in the first well
  • 2004 - Gas observed in all the wells
  • 2005 - First Indian company to float on London AIM stock market
  • 2006 - Commenced commercial drilling program for 20 production wells.
  • 2006 - All 20 wells drilled and completed
  • 2007 - Finished installing pumps (PCP) in 20 wells
  • 2008 - Commissioned brand new rig (Atlas Copco RD 20 III) and commenced further development program.
  • 2010 - G E Shipping Modifies Hyundai Heavy Orders; To Build 3 VLCCs Instead Of 2 Suezmaxes.
  • 2011 - Greatship's Subsidiary Orders One Construction Support Vessel (Platform/Rov Support Vessel).
  • 2013 - G E Shipping Contracts To Build 3 New Building Kamsarmax Dry Bulk Carriers.
  • 2013 - Greatship Global Energy Services Pte. Ltd. (GGES), a Singapore incorporated step down subsidiary of the Great Eastern Shipping Company Limited, has informed the Company about being advised of the “Striking of Steel” of its Mobile Offshore Self Elevating Drilling Rig, at a globally reputed yard.
  • 2015 - Incorporation of A New Subsidiary By Greatship (India) Limited (GIL) namely Greatship Oilfield Services Limited.
  • 2015 - Incorporation Of A Wholly Owned Subsidiary namely Great Eastern CSR Foundation.
  • 2017 - Greatship Has Acquired Full Ownership Of Jack-Up Rigs Of Its Subsidiary, Greatship Global Energy Services Pte. Ltd (GGES).
  • 2019 - Great Eastern Shipping Company (G E Shipping) has delivered its 2000 built Suezmax Crude Carrier ‘Jag Lakshita’ to the buyers. The vessel was contracted for sale in November 2019.
  • 2020 - Great Eastern Shipping Company (GE Shipping) has signed a contract to buy a second hand Capesize Bulk Carrier. The 2014 Philippines built vessel is expected to join the company's fleet in H2 FY21.
  • 2020 - Great Eastern Shipping Company (GE Shipping) has signed a contract to buy a secondhand very large gas carrier of about 77,922 cbm. The 2002 Japanese built vessel is expected to join the company's fleet in Q3 FY21.
  • 2020 - Great Eastern Shipping Company (G E Shipping) has incorporated Wholly owned Subsidiary (WoS) company namely ‘Great Eastern Services in Mumbai on June 23, 2020.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+2.11%
1 Week
-3.22%
1 Month
-3.34%
3 Month
+20.28%
6 Month
+43.65%
1 Year
+72.16%
2 Year
+52.91%
5 Year
+10.53%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 8.72 8.75 10.54 15.68 10.95 -2.97 -0.31 3.04 12.67
Return on Capital Employed (%) 7.29 7.76 8.18 11.38 9.55 3.93 4.34 5.51 9.56
Return on Assets (%) 3.82 3.98 4.96 7.38 5.15 -1.40 -0.15 1.47 6.57

Balance Sheet View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 6,342 6,773 7,431 6,563 7,223 6,928 6,810 6,796 7,704
Non Curr. Liab. 5,711 5,003 5,786 4,960 5,826 6,143 5,448 5,794 5,073
Curr. Liab. 2,395 2,599 2,609 2,397 2,342 1,593 2,112 1,243 1,369
Minority Int.
Equity & Liab. 14,448 14,375 15,826 13,921 15,391 14,664 14,370 13,833 14,146
Non Curr. Assets 9,818 10,366 11,571 9,366 10,479 10,193 10,002 9,497 9,293
Curr. Assets 4,630 4,009 4,255 4,554 4,912 4,470 4,368 4,335 4,853
Misc. Exp. not W/O
Total Assets 14,448 14,375 15,826 13,921 15,391 14,664 14,370 13,833 14,146

Profit Loss View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 3,007 3,092 3,438 3,808 3,117 3,038 3,547 3,687 3,337
Other Income 394 253 276 159 557 339 283 211 232
Total Income 3,400 3,344 3,714 3,966 3,674 3,377 3,830 3,898 3,568
Total Expenditure -1,879 -1,678 -2,005 -1,863 -1,737 -2,074 -2,494 -2,470 -1,683
PBIDT 1,521 1,666 1,709 2,103 1,937 1,303 1,336 1,428 1,885
Interest -345 -375 -301 -288 -378 -455 -521 -450 -242
Depreciation -592 -658 -610 -608 -678 -769 -773 -743 -700
Taxation -47 -59 -50 -111 -127 -289 -64 -28 -24
Exceptional Items
PAT 538 574 748 1,097 755 -210 -21 207 919

Cash Flow View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 1,256 1,358 1,445 2,151 1,522 969 1,096 1,481 1,534
Cash Fr. Inv. -409 -348 -725 -468 -1,526 -449 430 484 -873
Cash Fr. Finan. -442 -1,697 -228 -1,677 713 -1,158 -1,020 -1,872 -505
Net Change 405 -688 491 6 709 -639 506 93 156
Cash & Cash Eqvt 1,340 652 1,143 793 1,480 879 1,384 1,614 1,761

Shareholding Pattern View Details

9 Qtrs 2019-03 (%) 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%)
Promoter 29.66 29.66 30.07 28.43 28.83 29.13 29.49 29.21 29.21
Public 70.34 70.34 69.93 71.57 71.17 70.87 70.51 70.79 70.79
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Fri, 16 Jul 2021
Board Meeting Intimation for To Consider Inter-Alia The Unaudited Financial Results (Provisional) For The Quarter Ended June 30 2021.
GREAT EASTERN SHIPPING CO.LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/07/2021 inter alia to consider and approve the Unaudited Financial Results (Provisional) For The Quarter Ended June 30 2021.
Fri, 16 Jul 2021
Shareholding for the Period Ended June 30 2021
Great Eastern Shipping Company Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Tue, 13 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0550
Name of the Signatory :- Jayesh Trivedi
Designation :- Company Secretary and Compliance Officer

Technical Scans View Details

Mon, 26 Jul 2021
Strongly Underperforming Benchmark index Strongly Underperforming Benchmark index
Strongly Underperforming Sectoral index Strongly Underperforming Sectoral index
Both SRS And ARS Above Zero Both SRS And ARS Above Zero
-DI crossing 25 from below -DI crossing 25 from below
Stochastic Reversing from Oversold Zone from Below Stochastic Reversing from Oversold Zone from Below

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