Essar Shipping Limited Share Price and Company Fundamentals



Price
₹6.8
Change
-0.100 (-1.449%)
52 week
6.75 - 16.15

Last traded: Today at 4:26 AM

Essar Shipping Limited, a shipping company, provides sea transportation, logistics, and oilfields services. The company is involved in the fleet operating and chartering activities consisting of tankers and dry bulkers; and oilfields services, such as land and semi- submersible rigs; and logistics services, including trucks, trailers, and tippers. It also offers contract drilling services to oil and gas companies. The company operates a fleet of 12 vessels, including a double hull very large crude oil carrier, 6 mini-capesize vessels, a panamax bulk carrier, 2 supramax bulk carriers, and 2 general cargo ships. It operates in India, Singapore, Cyprus, the United Arab Emirates, Taiwan, Kuwait, Demark, and Bangladesh. The company was incorporated in 2010 and is based in Mumbai, India. Essar Shipping Limited is a subsidiary of Essar Shipping Mauritius Holdings Limited.

Key Metrics

PE ratio

-

PB ratio

-

Dividend yield

0.00%

Beta

0.93

Market cap

-

Enterprise value

-

Company profile

Industry / SectorMarine Shipping / Industrials
Websitehttps://www.essar.com/portfolio/services
Mailing addressEssar House 11 Keshavrao Khadye Marg Mahalaxmi Mumbai 400034 India
Phone / Fax91 22 6660 1100 / 91 22 2354 4312

Dividends

Dividend yield

0.00%

Dividend amount

₹0.00

Payout ratio

0.00%

Essar Shipping Limited paid ₹0.00 dividend and the ex-dividend date was .The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.ESSARSHPNG dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

ESSARSHPNG's forward dividend amount is ₹ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Essar Shipping Limited.

NameTitleAgeTotal Pay
Mr. Ranjit SinghPres & CEO60
Mr. Ketan ShahChief Financial OPfficer51
Mr. Rajesh Dhirubhai DesaiExec. Director63180k
Mr. Raghavan JagannathanHead of Accounts67
Akshay Kumar SrivastavaGen. Mang. of Technical61
Ms. Nisha Manoj BarnwalCompany Sec. & Compliance Officer
Mr. P. RameshHead of Commercial & Procur48
Mr. Arun Kumar BhardwajHead of Q&S and DPA60
Mr. Rajesh KasaragodHead of Technical & QHSE53
Mr. Rahul TipnisChief Engineer45

Profitability and management effectiveness

Profit margin

-23.91%

Operating margin

-13.08%

Return on assets

-1.65%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Essar Shipping Limited is and its enterprise value is .

The ESSARSHPNG's stocks Beta value is 0.93 making it 7% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Essar Shipping Limited (NSE:ESSARSHPNG) Frequently Asked Questions

1. What is Essar Shipping Limited's Stock Symbol?

Essar Shipping Limited trades on NSE under the ticker symbol "ESSARSHPNG".

2. What is Essar Shipping Limited's stock price today?

One share of ESSARSHPNG stock can currently be purchased for approximately ₹6.8.

3. How can I contact Essar Shipping Limited?

Essar Shipping Limited's mailing address is Essar House 11 Keshavrao Khadye Marg Mahalaxmi Mumbai 400034 India. The company can be reached via phone at 91 22 6660 1100.

4. What is Essar Shipping Limited's official website?

The official website of Essar Shipping Limited is https://www.essar.com/portfolio/services.