Great Eastern Shipping Company Ltd P/E Ratio

The P/E Ratio of Great Eastern Shipping Company Ltd is 8.1 as of 26 Jul 9.00 AM .a1#The P/E Ratio of Great Eastern Shipping Company Ltd changed from 14.7 on March 2019 to 5.5 on March 2024 . This represents a CAGR of -17.85% over 5 years. a1#The Latest Trading Price of Great Eastern Shipping Company Ltd is ₹ 1342 as of 25 Jul 15:30 .a1#The PE Ratio of Shipping Industry has changed from -6.3 to 4.3 in 5 years. This represents a CAGR of NaN%a1# The PE Ratio of Automobile industry is 18.9. The PE Ratio of Finance industry is 23.0. The PE Ratio of IT - Software industry is 29.1. The PE Ratio of Retail industry is 143.1. The PE Ratio of Shipping industry is 5.9. The PE Ratio of Textiles industry is 24.3. In 2024a1#The Market Cap of Great Eastern Shipping Company Ltd changed from ₹ 4266 crore on March 2019 to ₹ 14278 crore on March 2024 . This represents a CAGR of 22.30% over 6 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 Pr 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#The Dividend Payout of Great Eastern Shipping Company Ltd changed from -418 % on March 2019 to 27 % on March 2024 . This represents a CAGR of NaN% over 6 years. a1#

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'.