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

GESHIP is projected to see lower revenues than in the previous year, a trend that usually concerns investors. Declining revenues often harm a company's profitability, leading investors to exercise caution as they weigh the potential risks of continued financial downturns.

Financial Ratios:

currentRatio 6.45900
forwardPE 7.42942
debtToEquity 15.16900
earningsGrowth -0.59900
revenueGrowth -0.18300
grossMargins 0.65235
operatingMargins 0.27755
trailingEps 163.82000
forwardEps 11.60000

GESHIP's current ratio 6.459, suggesting the company has sufficient liquidity to service its short-term debt. With its cash reserves and current assets in good shape, GESHIP can comfortably meet its immediate liabilities, reflecting a healthy financial standing.
GESHIP's low Debt-to-Equity ratio demonstrates that the company is not over-leveraged. This means it maintains a healthy balance between debt and equity, lowering financial risk and contributing to overall financial stability, which could attract risk-averse investors.
The Great Eastern Shipping Company Limited's low earnings and revenue growth suggest shrinking profits are likely. This could reflect broader financial struggles, signaling that the company might face difficulties in sustaining its profitability.
GESHIP's positive gross and operating margins suggest strong profitability. These margins reflect effective cost management and revenue generation, indicating that the company is efficiently managing its operations and maintaining financial health.
GESHIP's lower forward EPS compared to its trailing EPS indicates that the company may be less profitable in the upcoming year. This suggests a potential slowdown in earnings, which could be a sign of weaker financial performance ahead.

Price projections:

Price projections for GESHIP
Price projections for GESHIP

Over time, GESHIP's price projections have been consistently revised lower. This suggests analysts are becoming less optimistic about the company's future prospects and are adjusting their forecasts accordingly.

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.