Essar Shipping financials

Latest results Q1 FY27 · Apr–Jun 2026
Revenue
₹0.0cr−97.6% on Q1 FY26
Net profit
₹230cr+742.1% on Q1 FY26
EBITDA margin
−7,475.0%−7195.1 pts on Q1 FY26
EPS
₹11.13+743.2% on Q1 FY26

Quarterly results

Every quarter ›
₹ croreQ1 FY27Q1 FY26Change
Revenue0.01.7−97.6%
EBITDA−3.0−4.7—
EBITDA margin−7,475.0%−279.9%−7195.1 pts
Profit before tax23027.4+742.1%
Net profit23027.4+742.1%
EPS₹11.13₹1.32+743.2%

Over time

Q1 FY27 · Apr–Jun 2026latest
Revenue₹0.0 crNet profit₹230 crNet margin5,76,025.0%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
332————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
3.03.06.424.027.1
0.00.00.0134118
1,6151,6151,6312,6422,704
1,945————
—1.810.320.260.7
—−82.7%−49.3%−66.6%—
−16.0−16.0−49.5−67.032.2
−897.8%−897.8%−482.7%−331.0%53.1%
−16.8−16.8−50.3−99.1−8.9
—−112660−1041,650
−6,296.1%−6,296.1%6,433.5%−515.4%2,720.4%
—−₹5.41₹31.89−₹5.73₹79.74
—−117.0%+657.0%−107.2%—
—−129531−46.5514
−129−129531−46.5514
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

ESSARSHPNG₹16.06

Essar Shipping Limited

· Aviation & Logistics
₹ CrorePeersSEAMECLTDSHREEJISPGMcap ₹332 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————332.4
- Cash, Equiv & ST Investments27.124.06.43.03.0
+ Minority Interest118.5133.70.00.00.0
+ Total Debt2,703.92,642.01,631.21,615.51,615.5
Enterprise Value————1,944.9
Revenue60.720.210.31.8—
Growth %, YoY—-66.6-49.3-82.7—
EBITDA32.2-67.0-49.5-16.0-16.0
Margin %53.11-330.98-482.65-897.75-897.75
EBIT-8.9-99.1-50.3-16.8-16.8
Net Income1,650.5-104.3660.1-112.1—
Margin %2,720.39-515.376,433.53-6,296.07-6,296.07
EPS, Adj (current shares)79.74-5.7331.89-5.41—
Growth %, YoY—-107.2+657.0-117.0—
Cash from Operations513.6-46.5530.6-129.5—
Free Cash Flow513.6-46.5530.6-129.5-129.5
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Essar Shipping financials and key ratios

Prices at the previous close · figures from the company's filings with NSE

Essar Shipping (NSE: ESSARSHPNG) had a market capitalisation of ₹332 crore at the previous close (₹16.06 a share). In FY26 its consolidated net loss was ₹112 crore on revenue of ₹1.8 crore; in Q1 FY27 (April–June 2026) it was ₹231 crore, up 742.5% year on year. Its net worth was negative (−₹2,073 crore) on 31 March 2026, with borrowings of ₹1,615 crore. Promoters held 73.75% of the shares on 30 September 2026.

Essar Shipping Q1 FY27 results
filed 12 August 2026
Share price used
₹16.06 · previous close
Latest balance sheet
31 March 2026
Shareholding pattern
30 September 2026

Essar Shipping at a glance · consolidated

Market cap
₹332 Crat ₹16.06 · previous close
PE ratio
n/a
Net worth
−₹2,073 Crnegative equity · 31 March 2026
Promoter holding
73.75%unchanged vs 30 Jun 202630 September 2026
Free cash flow (FY26)
−₹129 Cr
EPS (FY26)
−₹6.12

Questions

What is the Essar Shipping market cap?

Essar Shipping's market capitalisation was ₹332 crore at the previous close: 20.7 crore shares at ₹16.06 each.

Is Essar Shipping debt free?

No. Essar Shipping had borrowings of ₹1,615 crore on 31 March 2026 (consolidated balance sheet). Its cash and current investments were ₹3 crore, so its net debt was ₹1,613 crore.

What is the Essar Shipping EPS?

Essar Shipping's basic earnings per share (EPS) were −₹6.12 in FY26.

What is the Essar Shipping debt to equity ratio?

Essar Shipping's debt-to-equity ratio is not meaningful: its total equity was negative (−₹2,073 crore) on 31 March 2026, against borrowings of ₹1,615 crore. A negative equity means accumulated losses exceed the capital shareholders put in.

What is the Essar Shipping net worth?

Essar Shipping's net worth was negative on 31 March 2026: shareholders' equity of −₹2,073 crore in its consolidated balance sheet, meaning accumulated losses exceed the capital put in. The market still values the company at ₹332 crore (market capitalisation at the previous close).

What are the Essar Shipping latest quarterly results?

Essar Shipping's latest results are for Q1 FY27 (April–June 2026), filed on 12 August 2026: consolidated net profit ₹231 crore, up 742.5% from ₹27.4 crore in Q1 FY26; revenue from operations ₹4 lakh, down 97.6% year on year.

What is the Essar Shipping ROE and ROCE?

Essar Shipping's return on equity is not meaningful for FY26: shareholders' equity was negative (−₹2,073 crore on 31 March 2026), and a return on a negative base has no sign that can be read. Its return on capital employed (ROCE) was 2.2% — operating profit (EBIT) divided by average capital employed (total assets less current liabilities).

What is the Essar Shipping shareholding pattern?

On 30 September 2026, Essar Shipping's shares were held by promoters 73.75%, foreign portfolio investors (FII/FPI) 0.13%, domestic institutions (DII) 0.02% (including mutual funds at 0.01%) and retail and other non-institutional investors 26.10%. Over the year, FII holding was up 0.13 percentage points from 0.00% and DII holding was unchanged.

What is the Essar Shipping free cash flow?

In FY26, Essar Shipping generated ₹129 crore of cash from operations and spent ₹0 lakh on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹129 crore. In FY25 it was ₹531 crore.

What is the Essar Shipping promoter holding?

Promoters held 73.75% of Essar Shipping on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.

When are the Essar Shipping next results?

Essar Shipping has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.

Essar Shipping vs Seamec: how do they compare?

In FY26, Essar Shipping earned net profit of ₹112 crore on revenue of ₹1.8 crore, against ₹251 crore on ₹952 crore for Seamec. Essar Shipping's operating margin was −941.6% (Seamec 25.5%).

What is the Essar Shipping revenue and profit in FY26?

In FY26 (April 2025–March 2026), Essar Shipping's consolidated net loss was ₹112 crore, against a profit of ₹660 crore in FY25, on revenue from operations of ₹1.8 crore (down 82.7%).

How does Essar Shipping compare with its peers?

On FY26 consolidated figures, against Seamec and Shreeji Shipping Global: Essar Shipping's operating margin of −941.6% is the lowest of the three (Seamec 25.5%, Shreeji Shipping Global 26.4%; peer average 25.9%).

Where do these Essar Shipping figures come from?

From Essar Shipping's own consolidated results, balance sheets and shareholding patterns filed with NSE. Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.