The GE SHPG.LTD

NSE: GESHIP · Shipping · sector

₹1,532.40NSE close 2026-10-26

Key numbers

Market cap₹21,878 cr

Price₹1,532.40

52w high / low₹1,798 / ₹1,003

P/E5.8xSector median 9.9x

P/B1.3xSector median 1.5x

Book value₹1,188.1

Dividend yield1.88%Sector median 1.38%

ROE24.0%Sector median 9.5%

ROCE22.0%Sector median 9.7%

OPM61.9%Sector median 38.7%

Debt / equity0.06xSector median 0.31x

EV/EBITDA3.9xSector median 9.3x

Interest cover35.6x

Current ratio7.08x

Sales growth 3y-1.7%Sector median -0.9%

Profit growth 3y+4.5%Sector median +15.8%

PEG1.28x

Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 10 companies in Shipping (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹7,903 cr vs borrowings ₹1,049 cr (FY26): cash is higher (net cash).
Borrowings fell in each of the last 3 years (₹3,623 cr → ₹1,049 cr).
Operating profit covered interest 35.6x in the last 12 months.
No promoter shares are pledged.
Operating cash flow was below net profit in 1 of the last 5 years (FY26).
Revenue was higher than a year earlier in 3 of the last 4 quarters.
Other income was 28% of net profit in the last 12 months.
Dividend paid in 4 of the last 5 financial years.
Price ₹1,532.40 on 2026-10-26: -14.8% from the 52-week high, +52.9% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹1,696.50 · low ₹821.90

Quarterly results

₹ cr	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	1,354	1,237	1,223	1,201	1,242	1,454	1,511	2,005
EBITDA	654	611	502	643	728	836	941	1,338
OPM %	48.3%	49.4%	41.0%	53.5%	58.6%	57.5%	62.3%	66.7%
Other income	225	264	150	135	140	282	346	281
Net profit	576	594	363	504	581	813	1,044	1,309
EPS (₹)	40.32	41.58	25.43	35.34	40.72	56.91	73.13	91.68
Revenue YoY					-8.3%	+17.6%	+23.6%	+66.9%
Profit YoY					+1.0%	+36.9%	+187.6%	+159.4%

Consolidated figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	3,509	5,690	5,255	5,323	5,409	6,213
EBITDA	1,528	3,128	3,022	2,677	3,148	3,843
Net profit	630	2,575	2,614	2,344	2,943	3,747
EPS (₹)	42.99	180.36	183.11	164.20	206.11	262.44
Revenue growth		+62.2%	-7.6%	+1.3%	+1.6%	+23.9%
Profit growth		+308.9%	+1.5%	-10.3%	+25.5%	+84.0%
Dividend / share (₹)	–	19.80	27.00	35.10	28.80

Compounded growth	3 years	5 years	Last 12 months
Sales	-1.7%	+10.1%	+23.9%
Net profit	+4.5%	+26.2%	+84.0%
EPS	+4.5%	+27.0%	–
Share price	–	+9.7% (2y)	+45.4%

Balance sheet

₹ cr	FY22	FY23	FY24	FY25	FY26
Shareholders' equity	–	10,275	12,397	14,259	16,962
Borrowings	–	3,623	3,031	2,155	1,049
Cash & equivalents	–	5,309	6,860	8,015	7,903
Total assets	–	15,209	16,808	17,656	19,460
Fixed assets	–	8,422	8,308	8,225	9,287
Capital work in progress	–	35	51	17	43
Investments	–	0	0	0	0
Receivables	–	577	647	481	639
Inventory	–	204	247	253	286
Payables	–	344	456	290	360

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY22	FY23	FY24	FY25	FY26
Cash from operations	1,323	2,975	2,808	2,647	2,854
Cash from investing	-375	-38	-915	-191	-1,187
Cash from financing	-1,189	-1,893	-1,330	-1,675	-1,769
Capex	574	465	845	1,175	2,372
Free cash flow	748	2,509	1,963	1,472	481

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY22	FY23	FY24	FY25	FY26
ROE %	–	25.1%	21.1%	16.4%	17.3%
ROCE %	–	20.8%	19.2%	16.4%	17.6%
Debtor days	–	37	45	33	43
Inventory days	–	13	17	17	19
Payable days	–	22	32	20	24
Cash conversion cycle (days)	–	28	30	30	38
Working capital days	–	325	460	528	566

Shareholding

Holder	% (2026-09-30)
Promoters	30.07%
FIIs	29.52%
DIIs	11.62%
of which Mutual funds	10.85%
of which Insurance	0.62%
Government	0.00%
Public (non-institutions)	28.79%

Quarter	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters %	30.07%	30.07%	30.07%	30.07%	30.07%	30.07%	30.07%	30.07%

Promoter group	%
Ravi K Sheth (Trustee GE BKS Trust)	11.14%
Bharat K Sheth (Trustee GE RKS Trust)	10.93%
Laadki Trading and Investments Limited	4.31%
Sachin Mulji	0.74%
Ravi K Sheth	0.54%
Sangita Mulji	0.41%
Kabir Mulji	0.37%
Bharat K Sheth	0.36%
Rosaleen Mulji	0.30%
Gopa Investments Co (PVT) Ltd	0.30%
Kanaiyalal Maneklal Sheth	0.19%
Amita Ravi Sheth	0.13%
Jyoti Bharat Sheth	0.10%
Nisha Viraj Mehta	0.08%
Rahul Ravi Sheth	0.08%

Public holders above 1%	%
HDFC Mutual Fund - HDFC Nifty500 Multicap 50:25:25	3.47%
Bandhan Small CAP Fund	2.39%
UTI Conservative Hybrid Fund	1.80%
Societe Generale - ODI	1.64%
City of NEW York Group Trust	1.54%
The Great Eastern Shipping Company Limited - Suspense Escrow Demat Account	1.33%
Government Pension Fund Global	1.10%
Vanguard Total International Stock Index Fund	1.03%

1,78,121 shareholders. Pledged: 0.00% of promoter shares.

Peers in Shipping

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
GESHIP	₹21,878 cr	5.8x	1.3x	24.0%	22.0%	61.9%	-1.7%	1.88%
SHREEJISPG	₹13,221 cr	81.4x	17.2x	20.8%	21.5%	28.4%	–	0.12%
SCI	₹11,501 cr	7.1x	1.3x	18.6%	16.4%	40.9%	-0.1%	5.29%
SEAMECLTD	₹4,006 cr	15.6x	3.1x	22.2%	18.5%	41.1%	+29.6%	–
TRANSWORLD	₹373 cr	–	0.6x	-4.7%	-0.7%	-5.3%	+4.3%	0.88%
ESSARSHPNG	₹304 cr	3.6x	–	–	–	2,40,183.0%	-69.2%	–
GARWAOFFS	₹108 cr	9.9x	0.9x	-8.5%	-2.1%	36.5%	+6.5%	–
CHOWGULSTM	₹76 cr	39.1x	1.7x	0.5%	3.0%	-34.1%	–	–
DATIWARE	₹18 cr	58.5x	–	–	–	43.7%	-24.7%	–
SHAHISHIP	₹15 cr	6.5x	31.1x	-162.5%	-20.4%	-23.3%	-16.0%	–

All 10 companies in Shipping →

Business segments (FY26)

Segment	Revenue	Share	EBIT	Margin
Shipping	₹4,832 cr	76.0%	₹2,463 cr	51.0%
Offshore	₹1,522 cr	24.0%	₹480 cr	31.5%

Dividends & corporate actions

Ex-date	Action	Detail
2026-08-07	Dividend	Interim Dividend - Rs 14.40 Per Share
2026-05-20	Dividend	Interim Dividend - Rs 11.70 Per Share
2026-02-04	Dividend	Interim Dividend - Rs 9 Per Share
2025-11-13	Dividend	Interim Dividend - Rs 7.20 Per Share
2025-08-06	Dividend	Interim Dividend - Rs 7.20 Per Share
2025-05-15	Dividend	Interim Dividend - Rs 5.40 Per Share
2025-02-03	Dividend	Interim Dividend - Rs 8.10 Per Share
2024-11-19	Dividend	Interim Dividend - Rs 7.20 Per Share
2024-08-13	Dividend	Interim Dividend - Rs 9 Per Share
2024-07-25	Other	Annual General Meeting
2024-05-22	Dividend	Interim Dividend - Rs 10.80 Per Share
2024-02-12	Dividend	Interim Dividend - Rs 6.30 Per Share
2023-11-08	Dividend	Interim Dividend - Rs 6.30 Per Share
2023-08-14	Dividend	Interim Dividend - Rs 5.40 Per Share/ Special Dividend - Rs 7.50 Per Share
2023-07-27	Other	Annual General Meeting
2023-05-24	Dividend	Interim Dividend - Rs 9 Per Share
2023-02-10	Dividend	Interim Dividend - Rs 7.20 Per Share
2022-11-22	Dividend	Interim Dividend - Rs 7.20 Per Share
2022-08-10	Dividend	Interim Dividend - Rs 5.40 Per Share
2022-07-21	Other	Annual General Meeting

Documents

Links go to the original files on the exchange website.

About the company

Transport and storage: Water transport


Sector	Services
Industry	Shipping
Sub-industry	Shipping
Symbol	GESHIP
BSE code	500620
ISIN	INE017A01032
Face value	₹10.0
Incorporated	1948-08-03
Website	www.greatship.com
Plants (India / abroad)	0 / 0

From the company's filings (BRSR FY26).

Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.