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The Great Eastern Shipping Company share price & results

The Great Eastern Shipping Company Limited· Services

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

India's largest shipping & oilfield-services group, running tankers, bulkers, rigs and support vessels.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue1,554 ₹ crore+93.5% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin72.0 %+15.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit1,157 ₹ crore+198.2% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity24.00 %+2.2 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin23.59 %−22.8 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)23.87 %+0.3 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

9 of 13 judged targets kept · 3 open · verdicts reflect calls analysed to Q1 FY27.

The Great Eastern Shipping Company Limited management guidance track record on Inve: 16 targets tracked across analysed earnings calls (9 achieved, 4 missed, 3 open).

TargetOriginal wordingSaidLatest callVerdict
Project IRR Hurdle RateWe would like to make at least a 10% IRR on the ships that we buy in U.S dollar terms.
Call transcript, Q4 FY25 · 12 May 2025
Q4 FY25Q1 FY27:Management reiterated caution on deploying capital for fleet expansion at high asset prices, which is consistent with maintaining IRR discipline.
Call transcript, Q1 FY27 · 4 Aug 2026
Achieved
Vessel Capacity Lock-in for FY2680% of our vessel capacity for FY ‘26 has already been locked in at profitable rates.
Call transcript, Q4 FY25 · 12 May 2025
Q4 FY25Q1 FY27:Promise concluded in prior quarters. Target was for FY26 and was not met.
Call transcript, Q1 FY27 · 4 Aug 2026
Missed
Group Debt EliminationEliminate the $157 million group debt within the next 2 years.
Call transcript, Q4 FY26 · 15 May 2026
Q4 FY26Q1 FY27:Management updated the timeline, stating 'Our last debt comes off in Nov’28,' which is beyond the original 'next 2 years' timeframe from Q4 FY26.
Call transcript, Q1 FY27 · 4 Aug 2026
Delayed

Source: Inve Guidance Tracker for The Great Eastern Shipping Company Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

4 of The Great Eastern Shipping Company Limited's 16 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 13 more targets are in the full ledger.

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Price

₹1,550.9 +1.21% · +₹18.5

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance +51.6% 1Y

₹1.0k₹1.2k₹1.4k₹1.6kOct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 10 Nov 2025Q3 FY26 — 30 Jan 2026Q4 FY26 — 15 May 2026Q1 FY27 — 4 Aug 2026

1Y: ₹1,022.8 on 24 Oct 2025 → ₹1,550.9. High ₹1,719.6 (21 May 2026), low ₹1,022.8 (24 Oct 2025).

Previous close
₹1,532.4
Market cap
₹21.9k Cr
52-week range
₹1,049.5 – ₹1,719.6
One year
+47.35%
Price to earnings (TTM to Jun 2026)
5.84×
Return on equity (TTM to Jun 2026)
24.00%

Overview

Symbol
NSE:GESHIP
Sector
Services
Exchange
NSE
Currency
INR

What The Great Eastern Shipping Company Limited does

Based on the company's own presentations, annual report and earnings calls.

The Great Eastern Shipping Company owns and operates a diversified fleet of crude tankers, product tankers, gas (LPG) carriers and dry bulk carriers, chartering vessels predominantly in the spot market to move crude oil, petroleum products, LPG and dry-bulk cargo internationally. Through its wholly-owned subsidiary Greatship (India) Ltd (GIL), it also provides offshore oilfield logistics and drilling services, deploying jack-up rigs and support vessels (platform supply, anchor-handling-cum-supply, multipurpose and ROV support vessels) to oil & gas exploration and production companies such as ONGC. The company actively trades its fleet, buying and selling vessels ('switch transactions') to manage age and composition rather than pursuing net fleet expansion.

Segments

  • Shipping
  • Offshore
Market position
India's largest shipping & oilfield services provider
Total shipping fleet size
39 vessels
Total fleet deadweight tonnage
31,91,378 DWT (~3.19 million DWT)
Dry bulk carriers
15 vessels (13,53,750 DWT)
Product tankers
15 vessels (9,56,648 DWT)
Crude tankers
5 vessels (6,91,049 DWT)
Founded 1948Headquarters Ocean House, 134/A, Dr. Annie Besant Road, Worli, Mumbai 400018, India Company website

How the price took the results

close before → close after

Q1 FY27
+2.6%
4 Aug
Q4 FY26
+3.3%
15 May
Q3 FY26
+1.3%
30 Jan
Q2 FY26
+0.4%
10 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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