Essar Shipping Ltd - Stock Valuation and Financial Performance

BSE: 533704 | NSE: ESSARSHPNG | Shipping | Small Cap

Essar Shipping Share Price

39.88 1.89 4.97%
as on 21-Nov'24 16:59

DeciZen - make an informed investing decision on Essar Shipping

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Semi Strong

Essar Shipping stock performance -

mw4me loader
P/E Ratio (SA):
4.94
Market Cap:
825.4 Cr.
52-wk low:
15.6
52-wk high:
71.6

Is Essar Shipping Ltd an attractive stock to invest in?

1. Is Essar Shipping Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Essar Shipping Ltd is a average quality company.

2. Is Essar Shipping Ltd undervalued or overvalued?

The key valuation ratios of Essar Shipping Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Essar Shipping Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Essar Shipping Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Essar Shipping:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Essar Shipping Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 2.4%2.1%3.8%6%-33.5%-133.9%-17.9%0%0%-8.2%-
Value Creation
Index
-0.8-0.9-0.7-0.6-3.4NANANANANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 7917296586434925381661403.315.819
Sales YoY Gr.--7.9%-9.7%-2.2%-23.5%9.5%-69.2%-15.6%-97.6%373.3%-
Adj EPS -2.9-8.2-7.1-5.4-28.4-48.1-14.3-6.625-1.88.1
YoY Gr.-NANANANANANANANA-107.3%-
BVPS (₹) 234.185.581.886.59.6-132.8-147.2-159.3-77.5-80.9-67.4
Adj Net
Profit
-60.4-170-147-112-588-996-295-137517-37.6167
Cash Flow from Ops. 204229207111130155104-16.484.3-70-
Debt/CF from Ops. 17.916.818.727.824.622.331.7-153.323-27.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -35.3%-49.8%-54.4%373.3%
Adj EPS NANANA-107.3%
BVPS-188.9%-253.3%NANA
Share Price 6.6% 40.3% 62.9% 149.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
-1.3-5.1-8.2-6.4-59.178.110.24.3-21.12.3-10.9
Op. Profit
Mgn %
22.328.233.32522.628.212.927.8-364.3-40.3-43.5
Net Profit
Mgn %
-7.6-23.4-22.3-17.4-119.5-185-178-97.815513.2-238.7864.7
Debt to
Equity
0.82.12.21.716.2-1.3-1.1-0.8-1.2-1.2-
Working Cap
Days
5084503853764584121,2141,12936,6887,3882,033
Cash Conv.
Cycle
-73-84-314-55-66-121-196-2,298-923-6,366

Recent Performance Summary

Sales growth is good in last 4 quarters at 93.67%

Return on Equity is Poor

Sales growth has been subdued in last 3 years -54.37%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - Essar Shipping Ltd.

Standalone Consolidated
TTM EPS (₹) 8.1 24.1
TTM Sales (₹ Cr.) 19.3 155
BVPS (₹.) -67.4 -108.3
Reserves (₹ Cr.) -1,601 -2,449
P/BV -0.59 -0.37
PE 4.94 1.65
From the Market
52 Week Low / High (₹) 15.60 / 71.57
All Time Low / High (₹) 4.60 / 95.00
Market Cap (₹ Cr.) 825
Equity (₹ Cr.) 207
Face Value (₹) 10
Industry PE 8.6

Management X-Ray of Essar Shipping:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Essar Shipping

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales791729658643492538166140316
Operating Expenses 6475634414884184041491011722
Manufacturing Costs451370291349281289755601
Material Costs0000000000
Employee Cost 108106103946555533348
Other Costs 88874745716021111214
Operating Profit 144166217155741351739-13-7
Operating Profit Margin (%) 18.2%22.8%32.9%24.1%15.1%25.0%10.0%27.8%-395.0%-41.7%
Other Income 208136135604313101623634
Interest 2863433532652062102121809547
Depreciation 1441541371251031101134501
Exceptional Items 000224-1,400-2,7791-2251,739-51
Profit Before Tax -79-194-13849-1,592-2,952-297-2501,666-71
Tax 53331110-26-1
Profit After Tax -83-198-14146-1,593-2,953-298-2501,693-70
PAT Margin (%) -10.5%-27.1%-21.4%7.2%-323.0%-548.0%-179.0%-178.0%50,832.1%-446.0%
Adjusted EPS (₹)-4.0-9.6-6.82.2-77.0-142.0-14.4-12.181.8-3.4
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 4,8041,8661,7211,790198-2,750-3,047-3,297-1,604-1,675
Share Capital 205303235207207207207207207207
Reserves 4,5991,5621,4871,583-9-2,957-3,254-3,504-1,811-1,882
Minority Interest0000000000
Debt1,7542,8151,2312,0512,2621,9781,8541,665398623
Long Term Debt1,5782,3519072,0512,2621,9781,8541,665398623
Short Term Debt1764653250000000
Trade Payables242272197121133117146333318
Others Liabilities 2,2161,4853,1472,0061,9032,2422,5242,0011,5541,360
Total Liabilities 9,0156,4386,2975,9684,4971,5871,477401382326

Fixed Assets

Gross Block2,3681,4351,4341,2001,2311,2421,299849052
Accumulated Depreciation868140258286389499612848749
Net Fixed Assets1,5001,2951,176914842742688043
CWIP 0000000000
Investments 6,3614,4544,3714,4173,01725325937370
Inventories1417121412109000
Trade Receivables6912827656403213616
Cash Equivalents 24232930761315206
Others Assets1,047521433536578544495343319312
Total Assets 9,0156,4386,2975,9684,4971,5871,477401382326

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 204229207111130155104-1684-70
PBT -79-194-13849-1,592-2,952-297-2501,666-71
Adjustment 2823773621091,7363,110327288-1,67767
Changes in Working Capital -1862-7-42-3833-6349-67
Tax Paid 18-15-10-5-10-10428462
Cash Flow From Investing Activity 103-1593908304019-634591380
Capex 21042619437-5-53358-40
Net Investments -5-7-541-223-6-6051
Others 87-152-3159551-41071629
Cash Flow From Financing Activity -321-67-596-936-175-171-35-448-104-6
Net Proceeds from Shares 0500000000
Net Proceeds from Borrowing 49-59-380-396-61-94-18-508-384284
Interest Paid -156-235-191-204-96-54-1500-2
Dividend Paid 0000000000
Others -214223-25-336-18-24-159280-288
Net Cash Flow -13314-527-6-74
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)-1.71-6.02-8.122.65-160.29N/AN/AN/AN/AN/A
ROCE (%)2.432.13.816.02-33.47N/AN/AN/AN/AN/A
Asset Turnover Ratio0.090.090.10.10.090.180.110.150.010.04
PAT to CFO Conversion(x)N/AN/AN/A2.41N/AN/AN/AN/A0.05N/A
Working Capital Days
Receivable Days2849112943624492437782
Inventory Days98879721000
Payable Days0000000000

Essar Shipping Ltd Stock News

Essar Shipping Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Essar Shipping on 21-Nov-2024 16:59 is ₹39.88.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 16:59 the market cap of Essar Shipping stood at ₹825.4.
The latest P/E ratio of Essar Shipping as of 21-Nov-2024 16:59 is 4.94.
The latest P/B ratio of Essar Shipping as of 21-Nov-2024 16:59 is -0.59.
The 52-week high of Essar Shipping is ₹71.57 and the 52-week low is ₹15.60.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Essar Shipping is ₹19.34 ( Cr.) .

About Essar Shipping Ltd

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