Essar Shipping Ltd
Essar Shipping Ltd (ESSARSHPNG) last reported results for the quarter ended Jun 2026, with sales of ₹0 crore and net profit of ₹230 crore. The stock last traded at ₹17.3, a market capitalisation of ₹359 crore. Over the past 52 weeks the stock has ranged between ₹15.4 and ₹43.3. Figures are as of 6 Oct 2026 and are not real time.
Essar Shipping Ltd share price and key metrics
- Current price
- ₹17.3
- Market cap
- ₹359 cr
- Book value
- ₹-100
- ROE
- %
- ROCE
- %
- Dividend yield
- 0.00%
- 52w high / low
- 43.3/15.4
Metrics as of 6 Oct 2026. Not real time.
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Essar Shipping Ltd growth and returns
- 10 Years
- -50%
- 5 Years
- -67%
- 3 Years
- -69%
- TTM
- -99%
- 10 Years
- 7%
- 5 Years
- 14%
- 3 Years
- %
- TTM
- -149%
- 10 Years
- -5%
- 5 Years
- 9%
- 3 Years
- 0%
- 1 Year
- -39%
- 10 Years
- %
- 5 Years
- %
- 3 Years
- %
- Last Year
- %
Essar Shipping Ltd quarterly results
In the quarter ended Jun 2026, sales were ₹0 cr, down 100.0% from ₹2 cr a year earlier. Net profit was ₹230 cr, up 751.9% year on year.
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 148 | 3 | -143 | 2 | 0 | 0 | 0 | 0 |
| Expenses | 154 | 11 | -113 | 6 | 3 | 5 | 4 | 3 |
| Operating profit | -6 | -8 | -30 | -5 | -3 | -4 | -4 | -3 |
| OPM % | -4.4% | -267% | — | -279% | -31,800% | -11,175% | -9,050% | -7,475% |
| Other income | 677 | 70 | 64 | 48 | 6 | -50 | -4 | 258 |
| Interest | 28 | 23 | 21 | 16 | 18 | 33 | 28 | 25 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 642 | 39 | 13 | 27 | -16 | -88 | -36 | 230 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net profit | 642 | 40 | 13 | 27 | -16 | -88 | -36 | 230 |
| EPS (₹) | 31.04 | 1.92 | 0.62 | 1.32 | -0.76 | -4.26 | -1.72 | 11.13 |
Consolidated figures as reported by the company. Percentages are as published; totals may not sum exactly.
Essar Shipping Ltd annual results
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,194 | 1,208 | 1,309 | 1,344 | 472 | 328 | 61 | 20 | 10 | 2 | 0 |
| Operating profit | 379 | 246 | 332 | 261 | 30 | 63 | 32 | -67 | -50 | -16 | -14 |
| OPM % | 17% | 20% | 25% | 19% | 6% | 19% | 53% | -331% | -483% | -898% | -10,969% |
| Net profit | -583 | -1,685 | -3,771 | -1,687 | -621 | -78 | 1,650 | -104 | 660 | -112 | 91 |
| EPS (₹) | -28.19 | -80.44 | -182.40 | -81.24 | -29.97 | -3.79 | 79.73 | -5.71 | 31.89 | -5.41 | 4.39 |
TTM is the trailing twelve months to the most recent quarter.
Essar Shipping Ltd balance sheet
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 207 | 207 | 207 | 207 | 207 | 207 | 207 | 207 | 207 | 207 |
| Reserves | 2,428 | 1,163 | -2,117 | -4,428 | -5,020 | -5,121 | -2,949 | -3,014 | -2,587 | -2,280 |
| Borrowings | 5,613 | 4,628 | 4,771 | 4,641 | 4,599 | 3,912 | 2,704 | 2,642 | 1,631 | 1,615 |
| Other liabilities | 1,248 | 1,647 | 1,701 | 1,925 | 2,298 | 2,171 | 1,085 | 1,076 | 1,048 | 775 |
| Total liabilities | 9,496 | 7,645 | 4,563 | 2,345 | 2,084 | 1,170 | 1,047 | 911 | 300 | 317 |
| Fixed assets | 5,835 | 5,253 | 3,149 | 1,003 | 884 | 112 | 58 | 26 | 27 | 44 |
| CWIP | 137 | 78 | 11 | 11 | 16 | 0 | 0 | 0 | 180 | 228 |
| Investments | 37 | 0 | 42 | 0 | 6 | 40 | 38 | 0 | 0 | 0 |
| Other assets | 3,487 | 2,314 | 1,361 | 1,332 | 1,178 | 1,018 | 951 | 885 | 92 | 45 |
| Total assets | 9,496 | 7,645 | 4,563 | 2,345 | 2,084 | 1,170 | 1,047 | 911 | 300 | 317 |
As reported by the company. Total assets equal total liabilities by construction.
Essar Shipping Ltd cash flow
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | 274 | 487 | 157 | 210 | 97 | 140 | 514 | -46 | 531 | -130 |
| Cash from investing | 13 | 719 | 64 | 75 | -22 | 478 | 463 | 111 | -335 | 340 |
| Cash from financing | -285 | -1,188 | -236 | -263 | -86 | -627 | -969 | -71 | -211 | -212 |
| Net cash flow | 2 | 18 | -15 | 22 | -12 | -9 | 7 | -6 | -15 | -2 |
| Free cash flow | 306 | 677 | 196 | 177 | 41 | 551 | 560 | -47 | 351 | -177 |
| CFO / operating profit | 75% | 201% | 53% | 88% | 129% | 200% | 1,465% | 71% | -1,081% | 820% |
Negative figures are outflows. CFO / operating profit is a ratio, not an amount.
Essar Shipping Ltd operating ratios
| Per year | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 1% | 0% | 2% | 13% | -30% | — | — | -208% | — | — |
| Debtor days | 20 | 30 | 43 | 20 | 23 | 27 | 79 | 337 | 538 | 262 |
| Cash conversion cycle | 20 | 30 | 43 | 20 | 23 | 27 | 79 | 337 | 538 | 262 |
| Working capital days | -458 | -631 | -835 | -831 | -2,899 | -3,503 | -14,147 | -37,890 | -42,427 | -168,511 |
Ratios as computed by the source from the reported statements. Rows a company does not report are omitted.
Essar Shipping Ltd shareholding pattern
Promoters held 73.75% at Jun 2026, broadly unchanged since Jun 2025. FIIs 0.05% and DIIs 0.02%.
| % held | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 73.75% | 73.75% | 73.75% | 73.75% | 73.75% | 73.75% | 73.75% | 73.75% |
| FIIs | 0.00% | 0.00% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.05% |
| DIIs | 0.02% | 0.03% | 0.03% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% |
| Public | 26.22% | 26.21% | 26.21% | 26.22% | 26.22% | 26.22% | 26.22% | 26.17% |
| No. of shareholders | 1,35,076 | 1,33,207 | 1,32,524 | 1,31,305 | 1,30,956 | 1,29,753 | 1,28,307 | 1,28,023 |
As disclosed by the company to the exchanges. The last row is a count of shareholders, not a percentage.
Essar Shipping Ltd corporate filings
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Company Updatelow impact
Cruxal's analysis: Please find attached herewith Certificate required under Regulation 74 of SEBI…
Read the full analysis - Disinvestment in Essar Shipping DMCC, U.A.E. and OGD Services Holdings Limited, Mauritius, as per SEBI Regulation 30Company Updatelow impact
Cruxal's analysis: Essar Shipping Limited announced the disinvestment of its overseas wholly-owned…
Read the full analysis - Essar Shipping Approves Disinvestment of Overseas Subsidiaries and Asset Sales in AGMCompany Updatehigh impact
Cruxal's analysis: Essar Shipping Limited reported significant corporate actions during its 16th AGM held on…
Read the full analysis - Essar Shipping Limited's Voting Results Confirm Board Appointment and Approvals at AGMAGM/EGMlow impact
Cruxal's analysis: Essar Shipping Limited held its 16th AGM on 30.09.2026 with all resolutions passed by…
Read the full analysis - Essar Shipping Limited holds 16th AGM amid strategic asset sale discussions and disinvestment plansAGM/EGMmedium impact
Cruxal's analysis: Essar Shipping Limited conducted its 16th Annual General Meeting on 30.09.2026 via…
Read the full analysis - Intimation of Trading Window Closure for the quarter and half year ended September 2026.Insider Trading / SASTlow impact
- Essar Shipping Limited schedules 16th Annual General Meeting for September 30, 2026Company Updatelow impact
Cruxal's analysis: Essar Shipping Limited has issued a formal notice regarding its 16th Annual General…
Read the full analysis - Essar Shipping Ltd releases Annual Report for FY 2025-26Otherslow impact
Cruxal's analysis: Essar Shipping Ltd has filed its Annual Report for the financial year 2025-26 as per…
Read the full analysis - Essar Shipping Limited Announces 16th Annual General Meeting and Asset Divestment PlanAGM/EGMhigh impact
Cruxal's analysis: Essar Shipping Limited has scheduled its 16th Annual General Meeting for September 30…
Read the full analysis - Essar Shipping Limited Announces Asset Divestment of Mobile Offshore Drilling Rig and Board ReconstitutionCompany Updatemedium impact
Cruxal's analysis: Essar Shipping Limited has received board approval to sell its Mobile Offshore…
Read the full analysis - Essar Shipping Ltd announces book closure for Annual General Meeting for FY 2025-26Corp. Actionlow impact
Cruxal's analysis: Essar Shipping Ltd has issued an intimation regarding the book closure for its upcoming…
Read the full analysis - Essar Shipping Limited Announces Board Changes and Divestment of Mobile Offshore Drilling RigCompany Updatemedium impact
Cruxal's analysis: Essar Shipping Limited has announced the board-approved sale of its 'Mobile Offshore…
Read the full analysis - Essar Shipping Limited issues corrigendum to Q1 FY27 financial results, correcting EPS to INR 11.13Resultlow impact
Cruxal's analysis: Essar Shipping Limited has issued a corrigendum to its previously submitted Unaudited…
Read the full analysis - Essar Shipping Limited reports Q1 FY2027 unaudited financial resultsCompany Updatemedium impact
Cruxal's analysis: Essar Shipping Limited has released its unaudited standalone and consolidated financial…
Read the full analysis - Essar Shipping Ltd announces board-approved sale of asset 'Essar Tug III'Company Updatelow impact
Cruxal's analysis: The Board of Directors of Essar Shipping Ltd has approved the sale of the asset 'Essar…
Read the full analysis - Essar Shipping Limited reports Q1 FY2027 financial results and announces proposed sale of Essar Tug IIIBoard Meetingmedium impact
Cruxal's analysis: Essar Shipping Limited reported Q1 FY2027 standalone revenue of 4 lakh INR and a net loss…
Read the full analysis - Essar Shipping Limited schedules Board Meeting for August 12, 2026, to approve Q1 FY27 financial resultsBoard Meetinglow impact
Cruxal's analysis: Essar Shipping Limited has issued a formal intimation regarding a Board of Directors…
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