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

The Great Eastern Shipping Company Limited's revenue is forecasted to dip below last year's figures, raising concerns for investors who are typically wary of declining financial performance. Such drops can directly affect the company's bottom line, potentially leading to a decrease in overall profitability, making investors more cautious in their decisions.

Financial Ratios:

currentRatio 7.598000
forwardPE 7.466216
debtToEquity 8.236000
earningsGrowth 0.010000
revenueGrowth -0.083000
grossMargins 0.597690
operatingMargins 0.347340
trailingEps 142.840000
forwardEps 11.600000

With a current ratio of 7.598, GESHIP has the liquidity needed to easily service its short-term debt. The company's cash reserves and current assets are sufficient, indicating that GESHIP is in a strong position to meet its immediate financial obligations without difficulty.
The Great Eastern Shipping Company Limited's low earnings and revenue growth suggest that the company's profits may shrink. This trend could indicate underlying financial struggles and pose challenges for The Great Eastern Shipping Company Limited's future profitability.
The Great Eastern Shipping Company Limited's positive gross and operating margins indicate strong financial performance. These margins show that the company is profitable and efficient in its operations, with effective cost control contributing to its overall financial success.
GESHIP's forward EPS, being lower than its trailing EPS, points to an expected decline in profitability. This suggests that the company's financial performance may weaken in the upcoming year.

Price projections:

Price projections for GESHIP
Price projections for GESHIP

GESHIP's current valuation aligns with projections, revealing no significant risks or opportunities. This stable environment may lead investors to adopt a wait-and-see strategy, monitoring future developments closely.

Recommendation changes over time:

Recommendations trend for GESHIP
Recommendations trend for GESHIP


Analysts have maintained a buy bias for The Great Eastern Shipping Company Limited, which could prompt investors to consider the stock as a viable investment. With this positive outlook, The Great Eastern Shipping Company Limited is positioned as an attractive option for those looking to park their money in a stable and potentially lucrative company.