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GESHIP - Fundamental Analysis: Financial Health & Valuation

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Rating: 4.4

Last Updated Time : 02 Feb 26, 01:08 pm

Fundamental Rating: 4.4

Stock Code GESHIP Market Cap 17,031 Cr. Current Price 1,193 ₹ High / Low 1,266 ₹
Stock P/E 9.84 Book Value 887 ₹ Dividend Yield 2.49 % ROCE 14.9 %
ROE 15.2 % Face Value 10.0 ₹ DMA 50 1,111 ₹ DMA 200 1,050 ₹
Chg in FII Hold 0.82 % Chg in DII Hold 0.36 % PAT Qtr 654 Cr. PAT Prev Qtr 460 Cr.
RSI 66.8 MACD 20.1 Volume 3,58,288 Avg Vol 1Wk 9,84,839
Low price 797 ₹ High price 1,266 ₹ PEG Ratio 0.32 Debt to equity 0.10
52w Index 84.3 % Qtr Profit Var 55.6 % EPS 123 ₹ Industry PE 12.6

📊 Core Financials

  • Revenue & Profit Growth: Quarterly PAT rose from 460 Cr. to 654 Cr., showing strong sequential growth with 55.6% YoY variation.
  • Margins: ROE at 15.2% and ROCE at 14.9% reflect healthy profitability and efficient capital utilization.
  • Debt Ratios: Debt-to-equity at 0.10 indicates a very low-leverage balance sheet.
  • Cash Flows: Strong operating cash flows supported by shipping and logistics operations.
  • Return Metrics: EPS at 123 ₹ highlights robust earnings power.

💹 Valuation Indicators

  • P/E Ratio: 9.84, below industry PE of 12.6, suggesting undervaluation.
  • P/B Ratio: ~1.35 (Current Price / Book Value), attractive relative to assets.
  • PEG Ratio: 0.32, very favorable, showing strong growth-adjusted valuation.
  • Intrinsic Value: Current price (1,193 ₹) appears undervalued, offering upside potential.

🏢 Business Model & Competitive Advantage

  • Operates in shipping and logistics with diversified fleet and global presence.
  • Competitive advantage lies in scale, efficiency, and strong brand reputation in maritime services.
  • Resilient business model with exposure to global trade cycles and commodity shipping demand.

📈 Entry Zone & Long-Term Guidance

  • Entry Zone: Attractive accumulation range between 1,100 ₹ – 1,150 ₹ (near DMA 200).
  • Long-Term Holding: Suitable for long-term investors seeking exposure to global shipping growth, with strong fundamentals and undervaluation supporting potential upside.

Positive

  • Debt-light balance sheet.
  • Strong quarterly PAT growth of 55.6%.
  • Healthy ROE and ROCE.
  • Dividend yield of 2.49% provides income support.
  • FII (+0.82%) and DII (+0.36%) inflows show institutional confidence.

Limitation

  • Business is cyclical, dependent on global trade and commodity demand.
  • RSI at 66.8 indicates overbought conditions, suggesting near-term caution.
  • Volume trends show reduced liquidity compared to average weekly levels.

Company Negative News

  • Short-term technical indicators (RSI and MACD) suggest overbought momentum.

Company Positive News

  • Strong quarterly PAT growth and rising institutional inflows.
  • Undervalued compared to industry PE, offering upside potential.

Industry

  • Shipping and logistics sector benefits from global trade recovery and rising commodity demand.
  • Industry PE at 12.6 reflects fair valuations and moderate optimism.

Conclusion

  • Great Eastern Shipping (GESHIP) is a fundamentally strong company with robust earnings, low debt, and attractive valuations.
  • Dividend yield and institutional inflows add to investor confidence.
  • Best suited for long-term investors seeking exposure to global shipping, with entry near support levels for optimal risk-reward.

Would you like me to also prepare a comparison with peers like Shipping Corporation of India or Essar Shipping to highlight GESHIP’s relative positioning in the maritime sector?

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