Overall Fundamental outlook

Business Operations:

Sector: Industrials
Industry: Marine Shipping

The Great Eastern Shipping Company Limited, through its subsidiaries, engages in the shipping and offshore businesses in India and internationally. The company is involved in the transportation of crude oil, petroleum products, and gas and dry bulk commodities. As of March 31, 2024, it operates a fleet of 42 vessels comprising 28 tankers, including 6 crude carriers, 18 product carriers, and 4 LPG carriers; and 14 dry bulk carriers with an aggregating 3.36 million dwt. The company also offers offshore oilfield services, which include the ownership and/or operation of offshore supply vessels and mobile offshore drilling rigs. The company was incorporated in 1948 and is based in Mumbai, India.

Revenue projections:

Revenue projections for GESHIP
Revenue projections for GESHIP

Revenues for GESHIP are forecasted to decline from last year's levels, prompting caution among investors. When revenues fall, it can have a significant negative impact on the company's bottom line, reducing profitability and making the stock less attractive to risk-averse investors.

Financial Ratios:

currentRatio 6.459000
forwardPE 6.993684
debtToEquity 15.169000
earningsGrowth -0.599000
revenueGrowth -0.183000
grossMargins 0.652350
operatingMargins 0.277550
trailingEps 163.880000
forwardEps 11.600000

GESHIP's current ratio of 6.459, indicating that the company can meet its short-term debt obligations with ease. This high liquidity level is a positive sign, as GESHIP has enough cash and current assets to handle its immediate liabilities comfortably.
GESHIP's low Debt-to-Equity ratio demonstrates that the company maintains a healthy balance between equity and debt, avoiding over-leverage. This suggests a low-risk financial profile, giving investors confidence in the company's stability and ability to manage its financial commitments.
The Great Eastern Shipping Company Limited's low earnings and revenue growth point to a likely decrease in profits. This suggests that the company is facing financial difficulties and may struggle to maintain its current level of profitability.
GESHIP's positive gross and operating margins indicate the company's ability to operate profitably. These margins reflect strong financial management, with efficient cost control contributing to sustained profitability and a solid financial outlook.
GESHIP's forward EPS is less than its trailing EPS, signaling that the company's profitability is expected to shrink. This points to a potential downturn in earnings compared to last year.

Price projections:

Price projections for GESHIP
Price projections for GESHIP

GESHIP's price projections have gradually decreased, indicating a more conservative outlook from analysts. The repeated downward revisions suggest waning confidence in the company's ability to achieve its previous targets.

Recommendation changes over time:

Recommendations trend for GESHIP
Recommendations trend for GESHIP


GESHIP has been receiving a buy bias from analysts, signaling strong confidence in the stock's future performance. This positive outlook might drive investors to view GESHIP as an attractive option for their portfolios, positioning the company as a stable and profitable investment choice.