Home

Insights

Great Eastern Shipping Company Ltd dividend

Great Eastern Shipping Company Ltd dividend

download
stocks purchased

₹ 2.2 Cr

Volume transacted

stocks purchased

21.7 K

stocks traded

Image

Great Eastern Shipping Company Ltd

NSE: GESHIP

DPS

28.8

Last updated : FY 2023

Key Highlights

    The Dividend per Share of Great Eastern Shipping Company Ltd is ₹ 28.8 as of 2023 .a1#The Dividend Payout of Great Eastern Shipping Company Ltd changed from -418 % on March 2019 to 17.48 % on March 2023 . This represents a CAGR of NaN% over 5 years. a1#The Latest Trading Price of Great Eastern Shipping Company Ltd is ₹ 1024 as of 22 May 14:27 .a1#The Market Cap of Great Eastern Shipping Company Ltd changed from ₹ 4266 crore on March 2019 to ₹ 9187 crore on March 2023 . This represents a CAGR of 16.58% over 5 years. a1#The Revenue of Great Eastern Shipping Company Ltd changed from ₹ 1397 crore to ₹ 1726 crore over 8 quarters. This represents a CAGR of 11.15% a1#The EBITDA of Great Eastern Shipping Company Ltd changed from ₹ 722.84 crore to ₹ 1166 crore over 8 quarters. This represents a CAGR of 27.01% a1#The Net Profit of Great Eastern Shipping Company Ltd changed from ₹ 457.04 crore to ₹ 905.08 crore over 8 quarters. This represents a CAGR of 40.72% a1#

Open Demat Account

Lead form image

+91

50 Years

of Trust & Legacy

₹0 AMC

for First Year

₹0 Brokerage

on Delivery, Intraday, Currency and NSE F&O

*By signing up you agree to our terms & conditions

Share Price Vs Dividend Yield

swot
swot

Fundamental Metrics

Market Cap

14,967 Cr

EPS

183.1

P/E Ratio (TTM) *

5.7

P/B Ratio (TTM) *

1.2

DTE *

0.2

ROE *

21.1

ROCE *

18.8

Dividend Yield *

4.48

DPS *

28.8

Dividend Payout *

17.48

Ann.Dividend % *

288

* All values are consolidated

* All values are consolidated

×

Dividend Payout Over Time

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Dividend Payout Over Time

Period
Mar '19-418
Mar '2042
Mar '2113
Mar '2217
Mar '2317

* All values are a in %

Dividend per Share (DPS) Over Time

×

DIVIDENDYIELD

Dividend Yield is a financial ratio that shows the annual dividend income relative to the market price of a share. It is calculated by dividing the dividend per share by the current market price per share, expressed as a percentage.

Dividend Yield Comparison With Top Peers

1M

1Y

3Y

5Y

* All values are in %

Net Profit Vs Dividend Per Share

Image

Great Eastern Shipping Company Ltd

NSE: GESHIP

PRICE

1024.5

-22.35(-2.13%)

stock direction

Last updated : 22 May 14:27

SWOT Analysis Of Great Eastern Shipping Company Ltd

Strength

3

S

Weakness

1

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Great Eastern Shipping Company Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Dividend Overview for Great Eastern Shipping Company Ltd

  • Great Eastern Shipping Company Ltd, boasts of a market capitalization of Rs 14967 Cr., with a share price of Rs 1024.50 as of 22 May 14:27. While all stocks don't consistently pay dividends, Great Eastern Shipping Company Ltd rewarded its shareholders, distributing 17.5 % for the full year.
  • In the year ending 2022, Great Eastern Shipping Company Ltd declared a dividend of Rs 10, resulting in a dividend yield of 2.9% Assessing its dividend-paying capacity and valuation is crucial to determine its suitability as a dividend stock.
  • During the year ending 2023, Great Eastern Shipping Company Ltd recorded revenues of Rs 5255 Cr, with a trailing EBITDA Margin of 70.1% and net-profit of Rs 2614 Cr

Overview of Dividend

Types of Dividend


Special Dividend

A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.


Preferred Dividend

A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.


Interim Dividend

Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.


Final Dividend

A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:


×

Market Cap Over Time

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Market Cap Over Time

Period
Mar '194266
Mar '203044
Mar '214591
Mar '224927
Mar '239187

* All values are a in crore

×

Revenue Over Time

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Revenue Over Time

Period
Jun '221398
Sep '221700
Dec '221522
Mar '221551
Jun '231335
Sep '231461
Dec '231396
Mar '231727

* All values are a in crore

×

EBITDA Over Time

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

EBITDA Over Time

Period
Jun '22723
Sep '221046
Dec '22898
Mar '22942
Jun '23843
Sep '23876
Dec '23801
Mar '231166

* All values are a in crore

×

Net Profit Over Time

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Net Profit Over Time

Period
Jun '22457
Sep '22769
Dec '22627
Mar '22722
Jun '23576
Sep '23595
Dec '23538
Mar '23905

* All values are a in crore

About Great Eastern Shipping Company Ltd

About Great Eastern Shipping Company Ltd

    Promoted by Mulji (Sheth) brothers and Bhiwandiwalla family; Great Eastern Shipping Company Limited (GE Shipping) is a major player in the Indian Shipping industry. In the year 1987, GE Shipping made a joint venture company for owning oil drilling rig and an oil-drilling barge. GE Shipping entered into a joint venture agreement amongst Quatar General Petroleum Corporation (QGPC) and U B Air Pvt Ltd and united Helicharters Pvt Ltd in the year 2002. GE Shipping took delivery of MR Tanker Jag Prabha' in August 2013 and MR Tanker Jag Pranav' in September 2013. During the year under review, GIL redeemed 1.45 crore Preference Shares with the dividend rate of 7.5% p.a. GIL incorporated Greatship Oilfield Services Ltd. (GOSL), India as a wholly owned subsidiary in Mumbai on July 9, 2015. Subsequent to acquisition of all shares of GGES from Greatship Global Holdings Ltd., Mauritius (GGHL) by GIL, GGES has become the direct 100% wholly owned subsidiary of GIL w.e.f March 28, 2017. During the year, GGHL sold all the shares held by it in GGES, representing 89.3% of share capital of GGES, to GIL and recognized a gain on disposal of its holding in GGES. During the financial year ended 31 March 2018, GE Shipping took delivery of 2 product tankers, 1 medium gas carrier and 1 dry bulk carrier aggregating 0.24 Mn dwt. GIL and GGHL have commenced the process for the merger and made the necessary applications to the relevant authorities for their approval. As on March 31, 2021, Company's fleet stood at 45 vessels, comprising 32 tankers and 13 dry bulk carriers with an average age of 11.86 years aggregating 3.64 mn dwt. As of 31 March 2022, the company's fleet stood at 45 vessels, comprising 31 tankers and 14 dry bulk carriers with an average age of 12.55 years aggregating 3.57 mn dwt. During FY 2022, Company took delivery of a Midsize Gas Carrier Jag Vikram' and a Supramax Bulk Carrier Jag Rajiv'.

Great Eastern Shipping Company Ltd News Hub

News

Great Eastern Shipping Company delivers 2004 built MR product tanker “Jag Pahel”

Great Eastern Shipping Company has delivered its 2004 built Medium Range Product Tanker “J...

Read more

21 May 2024 14:45

News

Great Eastern Shipping Company contracts to sell MR product tanker 'Jag Pranam'

Great Eastern Shipping Company has contracted to sell its 2004 built Medium Range Product ...

Read more

15 May 2024 13:16

News

Volumes spurt at Great Eastern Shipping Company Ltd counter

Devyani International Ltd, Finolex Industries Ltd, Syrma SGS Technology Ltd, C.E. Info Sys...

Read more

14 May 2024 14:30

News

Volumes jump at Great Eastern Shipping Company Ltd counter

Dr Lal Pathlabs Ltd, Esab India Ltd, Tata Motors-DVR, ABB India Ltd are among the other st...

Read more

13 May 2024 11:00

News

Great Eastern Shipping Company appoints director

Great Eastern Shipping Company has appointed Kalpana Morparia as an Independent Director o...

Read more

10 May 2024 15:12

News

Board of Great Eastern Shipping Company recommends interim dividend

Great Eastern Shipping Company announced that the Board of Directors of the Company at its...

Read more

10 May 2024 16:16

FAQs for dividends of Great Eastern Shipping Company Ltd

What is the current market price of Great Eastern Shipping Company Ltd Ltd as of May 22, 2024?

The current market price of Great Eastern Shipping Company Ltd Ltd stands at 1024.5 per share.

What dividend did Great Eastern Shipping Company Ltd declare in the last fiscal year?

In the last fiscal year, Great Eastern Shipping Company Ltd declared a dividend totaling ₹36.3.

What is the most recent dividend declared by Great Eastern Shipping Company Ltd?

Great Eastern Shipping Company Ltd recently declared a dividend of 0.0 in the latest quarter

How many times has Great Eastern Shipping Company Ltd declared dividends in the current fiscal year

Great Eastern Shipping Company Ltd has declared dividends 4 times totaling ₹26 in the current fiscal year (FY2023-2024).

How many times did Great Eastern Shipping Company Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2022-2023), Great Eastern Shipping Company Ltd declared dividends 4 times totaling ₹20.
up arrow
50yearstrust

Unlimited trading at just

Rs. 399

Rs. 199