Announcement
Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015. 3 Oct - 16th AGM approved subsidiary disinvestment, asset sales, and director appointments on 30.09.2026.
Source: Bse
Essar Shipping Limited (ESSARSHPNG)
Small CapServices stocks · Small cap · NSE
Essar Shipping Limited operates in Shipping, within the Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 21 Oct, 10:31 am ISTDetails
Quote21 Oct, 10:31 am IST
Base fundamentals06 Oct 2026 · screener
Latest result22 Aug, 03:05 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage10/14 · 71%
Valuation2026-07-20 · Rf 6.8% · Services P/E 17.7 (n=143)
Technical timing lens
Trend score and candlestick chart
25Bearishfull bear SMA stack · MACD − · near 52W low
Stock trend: 25
Sector RS: —
Services FPI tailwindFlow only
FPI equity flow was positive in both fortnights, but exact sector-index confirmation is unavailable. View sector evidence
Technical chart
ESSARSHPNGD candles · FIT view-41.0%TODAY · PROVISIONALLatest price ₹15.82 on 2026-10-21
Today's candle is provisional from the latest intraday quote; completed-candle scans remain unchanged.
Bar
-1.2%
RSI
43
MACD hist
-0.03
52W pos
2%
2026-10-21O ₹16.02H ₹16.16L ₹15.73C ₹15.82Vol 31,725 shIntraday candle
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
ESSARSHPNGNifty 500
- ESSARSHPNG
- -21.7%
- Nifty 500
- -5.6%
- Vs Nifty 500
- -16.1 pp
Chart stats
19 Oct 2026- From 52W high
- -63.2%
- 52W range position
- 2%
- ATR (14)
- 6.1%
- Volume vs 20D
- 0.20x
- Avg traded value
- ₹1.1 Cr
- 20D price channel
- ₹15.4 - ₹20.3
₹43.3
₹15.4 - ₹43.3
₹1
Latest completed session
20-session average
67.6% annualized volatility
No exact NSE sector index is mapped for this company. Nifty 500 remains the broad-market comparison.
Research snapshot
What the evidence says now
Mixed fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · FAIR VALUE47
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad17
Revenue -100.0% · PAT +751.9% YoY
Technical
Bearish25
Price trend and sector-relative-strength timing.
Valuation
Legacy model+86.4%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence57
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 17/100Rev -100% YoY · margin compression · PAT +752% YoY · operating leverage
Filed 22 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹0 Cr | -100.0% | NDF |
| EBITDA | ₹-3 Cr | +40.0% | +25.0% |
| Operating margin | -7475.0% | -719600 bps | +157500 bps |
| PAT | ₹230 Cr | +751.9% | NDF |
| PAT margin | NDF | NDF | NDF |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- —
- P/B
- —
- EV/EBITDA
- —
- Market Cap
- 353.00Cr
Profitability
- ROE
- —
- ROCE
- —
- ROA
- 28.71%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- -67.00%
- EPS 5Y
- 14.00%
- Revenue 3Y
- -69.00%
- EPS 3Y
- 14.00%
Balance Sheet
- Debt/Equity
- 0.00
- Interest Coverage
- -0.14×
- Altman Z
- -1.46
- Book Value
- -100.00
Cash Flow
- FCF Yield
- 59.49%
- FCF Positive Y
- 12/5
- OCF
- -130.00 Cr
- EPS TTM
- 4.39
Shareholding
- Promoter Hold
- 73.75%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 6%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 0.0-100.0% vs prev
Net Profit
₹ CrLatest: -112-117.0% vs prev
Return on Equity
%Latest: -123-455.8% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 43.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- SMA20 roughly flat — short-term momentum stalled.
- RSI(14) at 43 — sideways, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- Within 5% of 52-week low — testing support.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
4
RS percentile
Stage 4 Downtrend
1M return
-1.6%
3M return
-21.7%
6M return
-41.7%
1Y return
-56.3%
RS 1D
0
RS 20D
-1
Sector rank
#12
Industry rank
#40
Stage evidence
- Price is 25.3% below the 30-week proxy.
- The 50-DMA is below the 30-week proxy and its slope is falling -5.1%.
- Both 3-month and 6-month returns are negative.
50-DMA
price below
200-DMA
price below
Sector
neutral
Industry
improving
Relative-strength line vs Nifty 500 (base 100)
261 observations
19 Oct 2026Value 61.41-0.47%
RS vs Nifty 50061
Valuation & peers
U-Score 47 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Valuation & peers
U-Score 47 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Deep Value
Fundamental score breakdown
U band · FAIR VALUEValuation22/30
Growth11/25
Quality0/20
Balance Sheet7/15
Cash Flow8/10
Piotroski
4/9 (+1)
Penalties
-2
Raw sum
47
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
47/100 · legacy band FAIR VALUE
Positive drivers
- FCF yield is supportive at 59.5%.
- Fair-value margin of safety is positive at 86.4%.
- Cash flow contributes 8/10 to the score.
Main drags
- Altman Z is -1.5, in distress territory.
- Penalty bucket subtracts 2 points.
- Quality is weaker at 0/20; verify the latest quarterly trend.
Sector valuation model
Cyclical valuation: normalized earnings, not just trailing PE
Cyclical companies can look cheapest near peak profits, so IndiaPulse flags value-trap risk separately.
Primary lens
Mid-cycle PE/EV/EBITDA using multi-year average margins or earnings.
Secondary checks
Current margin versus 5-year average, balance sheet strength, commodity cycle.
Main risk check
A low trailing PE may mean peak-cycle earnings, not true cheapness.
PE
—
PB
—
EV/EBITDA
—
ROE
—
ROCE
—
FCF Yield
59.5%
Debt/Equity
0.0
MoS
+86.4%
Cyclical/value-trap warning
This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE.
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
47
Previous: 47
Legacy U-Score band
FAIR VALUE
Previous: FAIR VALUE
Margin of safety
+86.4%
Previous: +86.3%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
47
47
47
47
47
47
47
47
47
47
47
47
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
—
Growth-justified P/E
26.6
Growth-justified Value
₹116.55
+86.4% MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in Services — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
TRANSWORLD
Small
TRANSWORLD SHIPPING LINES LIMITED
Logistics
match 100
22
—
-10.8%
—
OVERVALUED
SAKUMA
Small
Sakuma Exports Limited
Logistics
match 97
29
22.6
0.6%
-716%
OVERVALUED
LEMERITE
Small
Le Merite Exports Limited
Logistics
match 97
24
89.9
9.3%
-159%
OVERVALUED
TIGERLOGS
Small
Tiger Logistics (India) Limited
Logistics
match 95
50
16.6
14.4%
+39%
FAIR VALUE
OMFREIGHT
Small
Om Freight Forwarders Limited
Logistics
match 95
17
16.9
8.6%
-313%
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Essar Shipping Limited operates in Shipping, within the Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
57Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 20th percentile of the scored universe and 20th percentile within Services. Main check: results consistency is weak at 5/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
3 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
20th percentile
overall median 67 · Services: 20th pctile, median 66 · Small: 23rd pctile, median 66
Evidence depth
Financial-only
3 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Needs extra due diligence; demand valuation comfort and recent improvement.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
52
watch · profit to cash conversion
Balance sheet
80
strong · leverage and solvency
Discipline
50
watch · capital discipline
Results
5
weak · quarterly consistency
Trust positives
- ▸Promoter holding is 73.8%.
- ▸Promoter pledge is zero.
- ▸11 years of positive FCF.
- ▸Debt/equity is 0.00.
Trust risks
- ▸Operating cash flow is negative at ₹-130 Cr.
- ▸3 latest quarters had PAT decline worse than 25% YoY.
- ▸ROCE trend is -5.3%.
- ▸0/4 latest quarters had positive YoY revenue growth.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Essar Shipping Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Change in Directorate 3 Oct - AGM on 30.09.2026 approved subsidiary disinvestment, Essar Wildcat and Tug III sales, and director appointments.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Change in Management 3 Oct - AGM approved disinvestment of two overseas subsidiaries and sale of Essar Wildcat rig and Tug III within one year.
Source: Bse
Annual reportSep 2026
Sep 2026 · Notice For The 16Th Annual Genreal Meeting Of The Company To Be Held On Wednesday, 30Th September 2026 At 4:00 P.M. 8 Sep - 16th AGM on 30 Sep 2026; annual report filed, with proposals to sell assets and subsidiaries.
Source: Bse
AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Meeting Updates 2 Sep - Board approved sale of Essar WildCat rig, director appointments, and AGM on September 30, 2026.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 9 Sep - Newspaper advertisement for notice of 16th AGM and remote e-voting information.
Source: Bse
AnnouncementAug 2026
Aug 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 13 Aug - Please find attached Newspaper Publication dated 13th August, 2026 wherein Unaudited Financial Results of the Company for the quarter ended 30th June, 2026 hab been …
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 1 Jun - Newspaper Advertisement - Audited Financial Results for FY 2025-2026
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Change in Management 30 May - Board approved audited FY2026 results and appointed Shyam Malpani & Co as internal auditors.
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual reportMar 2026
Mar 2026 · Annual Report 2026
Source: Bse
Annual reportMar 2025
Mar 2025 · Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.