Financials The Great Eastern Shipping Company Limited

Equities

GESHIP

INE017A01032

Oil & Gas Transportation Services

Market Closed - Bombay S.E. 06:20:15 2024-04-26 am EDT 5-day change 1st Jan Change
1,092 INR +0.58% Intraday chart for The Great Eastern Shipping Company Limited +8.18% +11.70%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 42,662 30,444 45,905 49,066 91,871 155,923 - -
Enterprise Value (EV) 1 42,662 30,444 45,905 49,066 91,871 155,923 155,923 155,923
P/E ratio - - - - - 7.14 x 8.81 x 8.23 x
Yield - - 2.88% - 4.48% - - -
Capitalization / Revenue 1.59 x - 1.59 x 1.65 x 1.8 x 3.5 x 3.54 x 3.47 x
EV / Revenue 1.59 x - 1.59 x 1.65 x 1.8 x 3.5 x 3.54 x 3.47 x
EV / EBITDA 4.93 x - 2.65 x 3.18 x 2.97 x 6.42 x 7.43 x 7.35 x
EV / FCF -52.4 x 3.3 x 8.55 x 7.72 x 3.94 x 6.92 x 8.78 x 8.85 x
FCF Yield -1.91% 30.3% 11.7% 13% 25.4% 14.4% 11.4% 11.3%
Price to Book 0.84 x - 0.75 x 0.75 x 1.08 x 1.52 x - -
Nbr of stocks (in thousands) 150,777 146,966 146,966 142,240 142,767 142,767 - -
Reference price 2 283.0 207.2 312.4 345.0 643.5 1,092 1,092 1,092
Announcement Date 5/6/19 5/30/20 5/7/21 5/6/22 5/12/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 26,784 - 28,928 29,664 50,962 44,598 44,107 44,876
EBITDA 1 8,646 - 17,318 15,428 30,979 24,292 20,984 21,213
EBIT 1 3,552 - 12,932 11,068 26,478 24,521 - -
Operating Margin 13.26% - 44.7% 37.31% 51.96% 54.98% - -
Earnings before Tax (EBT) 1 - - 10,659 - 23,886 22,412 18,332 19,576
Net income 1 - - 10,301 - 23,520 21,787 17,707 18,951
Net margin - - 35.61% - 46.15% 48.85% 40.15% 42.23%
EPS 2 - - - - - 153.0 124.0 132.7
Free Cash Flow 1 -814.8 9,224 5,366 6,357 23,301 22,530 17,749 17,624
FCF margin -3.04% - 18.55% 21.43% 45.72% 50.52% 40.24% 39.27%
FCF Conversion (EBITDA) - - 30.99% 41.2% 75.21% 92.75% 84.58% 83.08%
FCF Conversion (Net income) - - 52.09% - 99.07% 103.41% 100.24% 93%
Dividend per Share - - 9.000 - 28.80 - - -
Announcement Date 5/6/19 5/30/20 5/7/21 5/6/22 5/12/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2024 Q1 2024 Q3 2024 Q4
Net sales 1 - 7,230 7,163 7,404 11,633 12,454 12,128 10,413 - 9,879
EBITDA 1 - 3,474 4,161 3,584 6,140 - - 6,782 - 5,576
EBIT - - - - - - - - - -
Operating Margin - - - - - - - - - -
Earnings before Tax (EBT) 1 - - - - - - - 5,833 - 4,722
Net income 1 992.6 - - - - - - 5,663 4,878 4,494
Net margin - - - - - - - 54.38% - 45.49%
EPS 2 - - - - - - - 39.59 34.10 31.00
Dividend per Share - - - - - - - - - -
Announcement Date 7/29/21 10/29/21 1/28/22 5/6/22 7/29/22 11/11/22 1/31/23 8/3/23 1/31/24 -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 -815 9,224 5,366 6,357 23,301 22,530 17,749 17,624
ROE (net income / shareholders' equity) -0.38% - 18.5% 7.8% 31.2% 22% 16% 15%
ROA (Net income/ Total Assets) -0.19% - 9.88% 7.44% 20.5% - - -
Assets 1 - - 104,255 - 114,974 - - -
Book Value Per Share 2 336.0 - 415.0 460.0 597.0 719.0 - -
Cash Flow per Share - - - - - - - -
Capex 1 - - 8,079 5,174 3,690 2,570 3,000 3,000
Capex / Sales - - 27.93% 17.44% 7.24% 5.76% 6.8% 6.69%
Announcement Date 5/6/19 5/30/20 5/7/21 5/6/22 5/12/23 - - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

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Investor Rating
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B-
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