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 GESHIP'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 0.000000
forwardPE 6.287415
debtToEquity 20.654000
earningsGrowth 0.103000
revenueGrowth -0.007000
grossMargins 0.621280
operatingMargins 0.290770
trailingEps 201.770000
forwardEps 11.600000

GESHIP's low Debt-to-Equity ratio means the company is not over-leveraged, highlighting its conservative use of debt. This suggests reduced financial risk and a stable balance sheet, making GESHIP a financially resilient company with lower exposure to debt-related pressures.
GESHIP'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 indicate a profitable and efficient business model. These metrics highlight the company's ability to generate income while controlling operational costs, reflecting strong financial performance.
GESHIP's forward EPS being lower than its trailing EPS suggests the company is expected to see reduced profitability in the current financial year compared to the previous one. This signals a potential decline in earnings, raising concerns about future financial performance.

Price projections:

Price projections for GESHIP
Price projections for GESHIP

The current price of The Great Eastern Shipping Company Limited, when assessed against projections, reveals no significant risks or opportunities. This situation indicates a steady market environment, prompting investors to remain patient until more clarity emerges regarding the stock's potential.

Recommendation changes over time:

Recommendations trend for GESHIP
Recommendations trend for GESHIP


Analysts are favoring GESHIP with a buy bias, highlighting the stock's potential as a solid investment. This recommendation might drive more investors to consider GESHIP as a secure and profitable option for their money, contributing to a broader positive sentiment in the market.