In the last 19 years, only 2.41 % trading sessions saw intraday declines higher than 5 % .
GE Shipping - Great Eastern Shipping Company Share Price
GE Shipping - Great Eas...
GE Shipping share price insights
Company delivered ROE of 21.08% in year ending 31 Mar, 2024 outperforming its 5 year avg. of 15.36%. (Source: Consolidated Financials)
Sales de-grew by 4.09%. Company witnessed revenue contraction for the first time in last 3 years. (Source: Consolidated Financials)
Black Spinning Top was formed for GE Shipping
Great Eastern Shipping Company Ltd. share price moved down by -0.96% from its previous close of Rs 1,454.05. Great Eastern Shipping Company Ltd. stock last traded price is 1,440.20
Share Price Value Today/Current/Last 1,440.20 Previous Day 1,454.05
Key Metrics
PE Ratio (x) | 7.87 | ||||||||||
EPS - TTM (₹) | 183.11 | ||||||||||
MCap (₹ Cr.) | 20,561.33 | ||||||||||
Sectoral MCap Rank | 4 | ||||||||||
PB Ratio (x) | 1.67 | ||||||||||
Div Yield (%) | 2.52 | ||||||||||
Face Value (₹) | 10.00 | ||||||||||
Beta Beta
| 0.37 | ||||||||||
VWAP (₹) | 1,479.83 | ||||||||||
52W H/L (₹) |
GE Shipping Share Price Returns
1 Day | -0.96% |
1 Week | 13.6% |
1 Month | 24.22% |
3 Months | 50.47% |
1 Year | 91.02% |
3 Years | 287.46% |
5 Years | 464.45% |
GE Shipping News & Analysis
Share market update: Most active stocks of the day in terms of traded value
NewsShipping stocks skyrocket 20%, Shipping Corporation, Eastern Shipping lead
NewsShare market update: Most active stocks of the day in terms of total traded value
NewsCompliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Announcements
GE Shipping Share Recommendations
Recent Recos
Current
Mean Recos by 2 Analysts
SellSellHoldBuyStrong
Buy
That's all for GE Shipping recommendations. Check out other stock recos.
Analyst Trends
Ratings | Current | 1 Week Ago | 1 Month Ago | 3 Months Ago |
---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 1 |
Buy | 1 | 1 | 1 | 1 |
Hold | - | - | - | - |
Sell | - | - | - | - |
Strong Sell | - | - | - | - |
# Analysts | 2 | 2 | 2 | 2 |
GE Shipping Financials
Income (P&L)
Balance Sheet
Cash Flow
Ratios
Insights
Topline Contraction
Sales de-grew by 4.09%. Company witnessed revenue contraction for the first time in last 3 years. (Source: Consolidated Financials)Employee & Interest Expense
Company has spent 5.04% of its operating revenues towards interest expenses and 16.86% towards employee cost in the year ending 31 Mar, 2024. (Source: Consolidated Financials)
Quarterly | Annual Mar 2024 Dec 2023 Sep 2023 Jun 2023 Mar 2023 Total Income 1,726.58 1,395.95 1,461.45 1,334.72 1,550.72 Total Income Growth (%) 23.68 -4.48 9.49 -13.93 1.86 Total Expenses 726.15 789.41 772.39 671.67 776.42 Total Expenses Growth (%) -8.01 2.20 15.00 -13.49 -4.02 EBIT 1,000.43 606.54 689.06 663.05 774.30 EBIT Growth (%) 64.94 -11.98 3.92 -14.37 8.53 Profit after Tax (PAT) 905.08 538.17 594.66 576.27 721.94 PAT Growth (%) 68.18 -9.50 3.19 -20.18 15.11 EBIT Margin (%) 57.94 43.45 47.15 49.68 49.93 Net Profit Margin (%) 52.42 38.55 40.69 43.18 46.56 Basic EPS (₹) 63.40 37.70 41.65 40.36 50.57 All figures in Rs Cr, unless mentioned otherwise
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Total Assets 16,807.86 15,209.12 13,968.60 14,145.61 13,832.82 Total Assets Growth (%) 10.51 8.88 -1.25 2.26 -3.74 Total Liabilities 4,410.41 4,933.76 5,917.30 6,441.34 7,037.18 Total Liabilities Growth (%) -10.61 -16.62 -8.14 -8.47 -6.92 Total Equity 12,397.45 10,275.36 8,051.30 7,704.27 6,795.64 Total Equity Growth (%) 20.65 27.62 4.50 13.37 -0.21 Current Ratio (x) 5.44 4.52 3.40 3.55 3.49 Total Debt to Equity (x) 0.24 0.35 0.57 0.57 0.70 Contingent Liabilities 1,130.29 628.75 520.38 1,089.73 695.90 All figures in Rs Cr, unless mentioned otherwise
Insights
Increase in Cash from Investing
Company has used Rs 914.63 cr for investing activities which is an YoY increase of 2288.69%. (Source: Consolidated Financials)
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Net Cash flow from Operating Activities 2,808.05 2,974.58 1,322.56 1,534.17 1,481.03 Net Cash used in Investing Activities -914.63 -38.29 -374.81 -873.17 484.48 Net Cash flow from Financing Activities -1,330.15 -1,893.30 -1,188.61 -505.29 -1,872.29 Net Cash Flow 609.52 1,120.04 -203.15 147.25 230.39 Closing Cash & Cash Equivalent 3,287.88 2,678.36 1,558.32 1,761.47 1,614.22 Closing Cash & Cash Equivalent Growth (%) 22.76 71.87 -11.53 9.12 16.65 Total Debt/ CFO (x) 1.08 1.22 3.50 2.86 3.23 All figures in Rs Cr, unless mentioned otherwise
Insights
ROE Outperforming 5 Year Average
Company delivered ROE of 21.08% in year ending 31 Mar, 2024 outperforming its 5 year avg. of 15.36%. (Source: Consolidated Financials)
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Return on Equity (%) 21.08 25.06 7.82 11.92 3.04 Return on Capital Employed (%) 19.33 21.02 7.90 9.27 5.44 Return on Assets (%) 15.55 16.93 4.50 6.49 1.49 Interest Coverage Ratio (x) 13.92 10.53 4.56 4.89 1.52 Asset Turnover Ratio (x) 0.33 0.37 0.23 23.58 26.65 Price to Earnings (x) 5.46 3.57 7.82 5.00 14.71 Price to Book (x) 1.15 0.89 0.61 0.60 0.45 EV/EBITDA (x) 3.37 2.50 3.98 3.31 3.74 EBITDA Margin (%) 70.12 63.41 45.99 56.50 38.73
GE Shipping Peer Comparison
GE Shipping Stock Performance
Ratio Performance
Insights
Stock Returns vs Nifty Midcap 100
Stock gave a 3 year return of 248.04% as compared to Nifty Midcap 100 which gave a return of 98.13%. (as of last trading session)
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Stock Returns vs Nifty Midcap 100
Stock gave a 3 year return of 248.04% as compared to Nifty Midcap 100 which gave a return of 98.13%. (as of last trading session)
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MF Ownership
MF Ownership details are not available.
Corporate Actions
GE Shipping Board Meeting/AGM
GE Shipping Dividends
- Others
Meeting Date Announced on Purpose Details May 10, 2024 Apr 26, 2024 Board Meeting Audited Results & Interim Dividend Jan 31, 2024 Jan 18, 2024 Board Meeting Quarterly Results & Interim Dividend Oct 27, 2023 Oct 19, 2023 Board Meeting Quarterly Results & Interim Dividend Sep 22, 2023 Aug 21, 2023 POM - Aug 03, 2023 Jul 21, 2023 Board Meeting Quarterly Results & Interim Dividend Type Dividend Dividend per Share Ex-Dividend Date Announced on Interim 108% 10.8 May 22, 2024 May 10, 2024 Interim 63% 6.3 Feb 12, 2024 Jan 31, 2024 Interim 63% 6.3 Nov 08, 2023 Oct 27, 2023 Special 75% 7.5 Aug 14, 2023 Aug 04, 2023 Interim 54% 5.4 Aug 14, 2023 Aug 03, 2023 All Types Ex-Date Record Date Announced on Details Rights Jan 21, 1994 Feb 18, 1994 Jan 19, 1994 Rights ratio: 2 share for every 5 held at a price of Rs 10.0 Rights Aug 14, 1992 Sep 17, 1992 Sep 30, 1992 Rights ratio: 1 share for every 1 held at a price of Rs 10.0 Bonus May 10, 1991 - Sep 29, 1992 Bonus Ratio: 1 share(s) for every 5 shares held Bonus - - Sep 29, 1982 Bonus Ratio: 2 share(s) for every 3 shares held
About GE Shipping
Great Eastern Shipping Company Ltd., incorporated in the year 1948, is a Mid Cap company (having a market cap of Rs 20,561.33 Crore) operating in Shipping sector. Great Eastern Shipping Company Ltd. key Products/Revenue Segments include Charter Hire, Freight & Demurrage and Other Operating Revenue for the year ending 31-Mar-2024. Show More
Executives
Auditors
- BK
Bharat K Sheth
Dy. Chairman & Manag. DirectorKMK M Sheth
ChairmanGSG Shivakumar
Executive Director & CFOTITapas Icot
Executive DirectorShow More - Deloitte Haskins & Sells LLP
Industry
Key Indices Listed on
Nifty Smallcap 100, Nifty 500, BSE 500, + 15 more
Address
Ocean House,134/A, Dr. Annie Besant Road,Mumbai, Maharashtra - 400018
More Details
FAQs about GE Shipping share
- 1. What's GE Shipping share price today and what are GE Shipping share returns ?GE Shipping share price was Rs 1,440.20 as on 12 Jul, 2024, 04:04 PM IST. GE Shipping share price was down by 0.96% based on previous share price of Rs. 1362.55. In last 1 Month, GE Shipping share price moved up by 24.22%.
- 2. What is the CAGR of GE Shipping?The CAGR of GE Shipping is 12.03.
- 3. Who owns GE Shipping?
- Promoter holding has not changed in last 9 months and holds 30.07 stake as on 31 Mar 2024
- Domestic Institutional Investors holding have gone down from 16.63 (30 Jun 2023) to 16.57 (31 Mar 2024)
- Foreign Institutional Investors holding has gone up from 26.18 (30 Jun 2023) to 27.41 (31 Mar 2024)
- Other investor holding have gone down from 27.12 (30 Jun 2023) to 25.94 (31 Mar 2024)
- 4. How can I quickly analyze GE Shipping stock?GE Shipping share can be quickly analyzed on following metrics:
- Stock's PE is 7.87
- Price to Book Ratio of 1.67
- 5. What are the returns for GE Shipping share?Return Performance of GE Shipping Shares:
- 1 Week: GE Shipping share price moved up by 13.60%
- 1 Month: GE Shipping share price moved up by 24.22%
- 3 Month: GE Shipping share price moved up by 50.47%
- 6 Month: GE Shipping share price moved up by 49.93%
- 6. Who is the chairman of GE Shipping?Bharat K Sheth is the Dy. Chairman & Manag. Director of GE Shipping
- 7. What is the PE & PB ratio of GE Shipping?The PE ratio of GE Shipping stands at 7.94, while the PB ratio is 1.67.
- 8. What are the GE Shipping quarterly results?On Consoldiated basis, GE Shipping reported a total income and profit of Rs 1726.58 Cr and Rs 905.08 respectively for quarter ending 2024-03-31. Total Income and profit for the year ending 2024-03-31 was Rs 5918.70 Cr and Rs 2614.18 Cr.
- 9. What's the market capitalization of GE Shipping?GE Shipping share has a market capitalization of Rs 20,561.33 Cr. Within Shipping sector, it's market cap rank is 4.
- 10. Who are the peers for GE Shipping in Shipping sector?Top 3 Peers for GE Shipping are Shipping Corporation of India Ltd., Essar Shipping Ltd. and Shreyas Shipping & Logistics Ltd.
- 11. What is 52 week high/low of GE Shipping share price?In last 52 weeks GE Shipping share had a high price of Rs 1,543.70 and low price of Rs 725.00
- 12. Is GE Shipping giving dividend?Great Eastern Shipping Company Ltd. announced an equity dividend of 108% on a face value of 10.0 amounting to Rs 10.8 per share on 10 May 2024. The ex dividend date was 22 May 2024.
- 13. Is GE Shipping a good buy?As per Refinitiv (erstwhile Thomson Reuters), overall mean recommendation by 2 analysts for GE Shipping stock is to Strong Buy. Recommendation breakup is as follows
- 1 analyst is recommending Strong Buy
- 1 analyst is recommending to Buy
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