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

Investors may react cautiously to news that The Great Eastern Shipping Company Limited's revenues are forecasted to be lower than last year's. Such declines are likely to have a negative effect on the company's bottom line, which can lead to concerns about profitability and hinder investor confidence in the company's future performance.

Financial Ratios:

currentRatio 6.459000
forwardPE 6.915304
debtToEquity 15.169000
earningsGrowth -0.599000
revenueGrowth -0.183000
grossMargins 0.652350
operatingMargins 0.277550
trailingEps 163.910000
forwardEps 11.600000

GESHIP's current ratio of 6.459 highlights the company's solid liquidity, indicating that it can easily service its short-term debt. GESHIP's ample cash reserves and current assets ensure that the company is well-positioned to meet its immediate financial liabilities.
GESHIP's low Debt-to-Equity ratio reflects that the company isn't heavily reliant on debt, reducing financial risk. This conservative approach suggests GESHIP maintains a stable financial foundation, with greater flexibility to manage future growth or challenges without over-leverage concerns.
GESHIP's low earnings and revenue growth suggest that the company may see declining profits. This indicates potential financial challenges ahead, and could lead to a more cautious outlook from investors.
With positive gross and operating margins, GESHIP's profitability is evident. These metrics suggest the company is efficiently managing its expenses while maintaining strong revenue, highlighting a solid financial foundation.
The Great Eastern Shipping Company Limited's lower forward EPS compared to trailing EPS suggests the company's earnings are expected to decline. This indicates that The Great Eastern Shipping Company Limited may be less profitable in the upcoming year, raising questions about its financial trajectory.

Price projections:

Price projections for GESHIP
Price projections for GESHIP

GESHIP's price projections have gradually decreased, reflecting a less optimistic view of the company's future performance. Analysts are adjusting their expectations, suggesting potential concerns about GESHIP's ability to meet previous growth targets.

Recommendation changes over time:

Recommendations trend for GESHIP
Recommendations trend for GESHIP


The recent buy bias for GESHIP from analysts signals strong confidence in the stock's potential. This positive sentiment could encourage investors to see GESHIP as a smart place to invest their money, especially those looking for stable, long-term returns in a well-established company.