Reported Earnings • 7h
First quarter 2027 earnings released: EPS: ₹91.68 (vs ₹35.34 in 1Q 2026) First quarter 2027 results: EPS: ₹91.68 (up from ₹35.34 in 1Q 2026). Revenue: ₹22.9b (up 90% from 1Q 2026). Net income: ₹13.1b (up 159% from 1Q 2026). Profit margin: 57% (up from 42% in 1Q 2026). The increase in margin was driven by higher revenue. Revenue is expected to decline by 4.7% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in India are expected to grow by 5.5%. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Jul 23
The Great Eastern Shipping Company Limited to Report Q1, 2027 Results on Aug 03, 2026 The Great Eastern Shipping Company Limited announced that they will report Q1, 2027 results on Aug 03, 2026 Annonce • Jul 07
The Great Eastern Shipping Company Limited, Annual General Meeting, Aug 04, 2026 The Great Eastern Shipping Company Limited, Annual General Meeting, Aug 04, 2026, at 15:00 Indian Standard Time. Valuation Update With 7 Day Price Move • May 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹1,720, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 11x in the Oil and Gas industry in India. Total returns to shareholders of 178% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹2,942 per share. Reported Earnings • May 16
Full year 2026 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2026 results: EPS: ₹206 (up from ₹164 in FY 2025). Revenue: ₹63.1b (up 19% from FY 2025). Net income: ₹29.4b (up 26% from FY 2025). Profit margin: 47% (up from 44% in FY 2025). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.8%. Earnings per share (EPS) exceeded analyst estimates by 36%. Revenue is expected to decline by 3.6% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in India are expected to grow by 6.3%. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings. Declared Dividend • May 16
Fourth quarter dividend of ₹11.70 announced Shareholders will receive a dividend of ₹11.70. Ex-date: 20th May 2026 Payment date: 13th June 2026 Dividend yield will be 2.3%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (18% earnings payout ratio) and cash flows (88% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 22% over the next 3 years. However, it would need to fall by 80% to increase the payout ratio to a potentially unsustainable range. Annonce • May 01
The Great Eastern Shipping Company Limited to Report Fiscal Year 2026 Results on May 14, 2026 The Great Eastern Shipping Company Limited announced that they will report fiscal year 2026 results at 12:15 PM, Indian Standard Time on May 14, 2026 Annonce • Mar 18
the Great Eastern Shipping Company Limited Announces Resignation of Ankit Dahanukar as Head (Internal Audit) The Great Eastern Shipping Company Limited announced that Mr. Ankit Dahanukar, Head (Internal Audit) of the Company, vide his email dated March 17, 2026, has tendered his resignation to pursue his career goals. He will be relieved from the services of the Company in due course. Declared Dividend • Jan 31
Third quarter dividend of ₹9.00 announced Shareholders will receive a dividend of ₹9.00. Ex-date: 4th February 2026 Payment date: 28th February 2026 Dividend yield will be 2.4%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 4.0% over the next 2 years. However, it would need to fall by 80% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Jan 30
Third quarter 2026 earnings: EPS exceeds analyst expectations Third quarter 2026 results: EPS: ₹56.91 (up from ₹41.58 in 3Q 2025). Revenue: ₹14.5b (up 18% from 3Q 2025). Net income: ₹8.13b (up 37% from 3Q 2025). Profit margin: 56% (up from 48% in 3Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.7%. Revenue is forecast to grow 3.6% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Oil and Gas industry in India. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Annonce • Jan 16
The Great Eastern Shipping Company Limited to Report Q3, 2026 Results on Jan 29, 2026 The Great Eastern Shipping Company Limited announced that they will report Q3, 2026 results on Jan 29, 2026 Declared Dividend • Nov 10
Second quarter dividend of ₹7.20 announced Shareholders will receive a dividend of ₹7.20. Ex-date: 13th November 2025 Payment date: 7th December 2025 Dividend yield will be 2.6%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (9% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 9.0% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 08
Second quarter 2026 earnings: EPS exceeds analyst expectations Second quarter 2026 results: EPS: ₹40.72 (up from ₹40.32 in 2Q 2025). Revenue: ₹13.8b (up 2.0% from 2Q 2025). Net income: ₹5.81b (up 1.0% from 2Q 2025). Profit margin: 42% (in line with 2Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.1%. Revenue is forecast to grow 5.9% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Oil and Gas industry in India. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Oct 28
The Great Eastern Shipping Company Limited to Report Q2, 2026 Results between Nov 07, 2025 and Nov 08, 2025 The Great Eastern Shipping Company Limited announced that they will report Q2, 2026 results between Nov 07, 2025 and Nov 08, 2025 New Risk • Oct 07
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Declared Dividend • Aug 02
First quarter dividend of ₹7.20 announced Shareholders will receive a dividend of ₹7.20. Ex-date: 6th August 2025 Payment date: 30th August 2025 Dividend yield will be 3.0%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (15% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 7.2% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annonce • Jul 21
The Great Eastern Shipping Company Limited to Report Q1, 2026 Results on Jul 31, 2025 The Great Eastern Shipping Company Limited announced that they will report Q1, 2026 results on Jul 31, 2025 Reported Earnings • Jul 10
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: ₹164 (down from ₹183 in FY 2024). Revenue: ₹53.2b (up 1.3% from FY 2024). Net income: ₹23.4b (down 10% from FY 2024). Profit margin: 44% (down from 50% in FY 2024). Revenue missed analyst estimates by 7.8%. Earnings per share (EPS) also missed analyst estimates by 1.0%. Revenue is forecast to grow 2.3% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Oil and Gas industry in India. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Jul 06
The Great Eastern Shipping Company Limited, Annual General Meeting, Aug 01, 2025 The Great Eastern Shipping Company Limited, Annual General Meeting, Aug 01, 2025, at 15:00 Indian Standard Time. New Risk • May 17
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 7.1% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. New Risk • May 13
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 4.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 4.5% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Declared Dividend • May 12
Fourth quarter dividend of ₹5.40 announced Shareholders will receive a dividend of ₹5.40. Ex-date: 15th May 2025 Payment date: 8th June 2025 Dividend yield will be 3.3%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (17% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 3.3% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 11
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: ₹164 (down from ₹183 in FY 2024). Revenue: ₹61.6b (up 17% from FY 2024). Net income: ₹23.4b (down 10% from FY 2024). Profit margin: 38% (down from 50% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.8%. Earnings per share (EPS) also missed analyst estimates by 1.0%. Revenue is forecast to stay flat during the next 2 years compared to a 5.2% growth forecast for the Oil and Gas industry in India. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Annonce • May 07
The Great Eastern Shipping Company Limited to Report Q4, 2025 Results on May 09, 2025 The Great Eastern Shipping Company Limited announced that they will report Q4, 2025 results on May 09, 2025 Reported Earnings • Jan 29
Third quarter 2025 earnings: EPS exceeds analyst expectations Third quarter 2025 results: EPS: ₹41.58 (up from ₹37.70 in 3Q 2024). Revenue: ₹15.0b (up 21% from 3Q 2024). Net income: ₹5.94b (up 10% from 3Q 2024). Profit margin: 40% (down from 43% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 25%. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Oil and Gas industry in India. Over the last 3 years on average, earnings per share has increased by 38% per year whereas the company’s share price has increased by 43% per year. Annonce • Jan 15
The Great Eastern Shipping Company Limited to Report Nine Months, 2025 Results on Jan 28, 2025 The Great Eastern Shipping Company Limited announced that they will report nine months, 2025 results on Jan 28, 2025 New Risk • Jan 10
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 16% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 16% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Annonce • Nov 15
The Great Eastern Shipping Company Limited Appoints Kalpana Jaisingh Morparia as an Independent Non-Executive Director HSBC Holdings plc confirmed that Kalpana Jaisingh Morparia, a non-executive Director of HSBC, has been appointed as an independent non-executive Director of The Great Eastern Shipping Company Limited with effect from 14 November 2024. New Risk • Nov 12
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 7.4% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Declared Dividend • Nov 09
Second quarter dividend of ₹7.20 announced Shareholders will receive a dividend of ₹7.20. Ex-date: 20th November 2024 Payment date: 4th December 2024 Dividend yield will be 2.8%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (9% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 21% over the next 3 years. However, it would need to fall by 90% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Nov 08
Second quarter 2025 earnings released: EPS: ₹40.32 (vs ₹41.65 in 2Q 2024) Second quarter 2025 results: EPS: ₹40.32 (down from ₹41.65 in 2Q 2024). Revenue: ₹15.8b (up 28% from 2Q 2024). Net income: ₹5.76b (down 3.2% from 2Q 2024). Profit margin: 36% (down from 48% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Oil and Gas industry in India. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Oct 24
The Great Eastern Shipping Company Limited to Report Q2, 2025 Results on Nov 08, 2024 The Great Eastern Shipping Company Limited announced that they will report Q2, 2025 results on Nov 08, 2024 Price Target Changed • Aug 05
Price target increased by 12% to ₹1,601 Up from ₹1,425, the current price target is an average from 2 analysts. New target price is 27% above last closing price of ₹1,261. Stock is up 63% over the past year. The company is forecast to post earnings per share of ₹230 for next year compared to ₹183 last year. Declared Dividend • Aug 03
First quarter dividend of ₹9.00 announced Shareholders will receive a dividend of ₹9.00. Ex-date: 13th August 2024 Payment date: 31st August 2024 Dividend yield will be 2.4%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (16% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 18% over the next 3 years. However, it would need to fall by 82% to increase the payout ratio to a potentially unsustainable range. Annonce • Aug 01
The Great Eastern Shipping Company Limited Declares Interim Dividend, Payable on or After August 27, 2024 The Great Eastern Shipping Company Limited at its Board meeting held on August 1, 2024, declared an interim dividend of INR 9 per share to the equity shareholders of the Company. The `Record Date' fixed for the purpose of ascertaining the shareholders eligible for receiving interim dividend is August 13, 2024. The interim dividend will be paid to the shareholders on or after August 27, 2024. Annonce • Jul 18
The Great Eastern Shipping Company Limited to Report Q1, 2025 Results on Aug 01, 2024 The Great Eastern Shipping Company Limited announced that they will report Q1, 2025 results on Aug 01, 2024 New Risk • Jul 16
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 15% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 15% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Buy Or Sell Opportunity • Jul 15
Now 21% undervalued Over the last 90 days, the stock has risen 40% to ₹1,396. The fair value is estimated to be ₹1,765, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 56%. Reported Earnings • Jul 10
Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2024 results: EPS: ₹183 (up from ₹180 in FY 2023). Revenue: ₹52.6b (down 7.6% from FY 2023). Net income: ₹26.1b (up 1.5% from FY 2023). Profit margin: 50% (up from 45% in FY 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 11%. Earnings per share (EPS) exceeded analyst estimates by 16%. Over the last 3 years on average, earnings per share has increased by 56% per year whereas the company’s share price has increased by 53% per year. Annonce • Jul 06
The Great Eastern Shipping Company Limited, Annual General Meeting, Aug 01, 2024 The Great Eastern Shipping Company Limited, Annual General Meeting, Aug 01, 2024, at 15:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹1,174, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 9x in the Oil and Gas industry in India. Total returns to shareholders of 234% over the past three years. Declared Dividend • May 12
Fourth quarter dividend of ₹10.80 announced Shareholders will receive a dividend of ₹10.80. Ex-date: 23rd May 2024 Payment date: 5th June 2024 Dividend yield will be 3.7%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 29% over the next 3 years. However, it would need to fall by 74% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • May 11
Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2024 results: EPS: ₹183 (up from ₹180 in FY 2023). Revenue: ₹59.2b (up 4.0% from FY 2023). Net income: ₹26.1b (up 1.5% from FY 2023). Profit margin: 44% (down from 45% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 11%. Earnings per share (EPS) exceeded analyst estimates by 16%. Revenue is expected to decline by 8.6% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in India are expected to grow by 5.7%. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth. Annonce • Apr 28
The Great Eastern Shipping Company Limited to Report Fiscal Year 2024 Results on May 10, 2024 The Great Eastern Shipping Company Limited announced that they will report fiscal year 2024 results on May 10, 2024 Upcoming Dividend • Feb 05
Upcoming dividend of ₹6.30 per share at 3.7% yield Eligible shareholders must have bought the stock before 12 February 2024. Payment date: 01 March 2024. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 3.7%. Within top quartile of Indian dividend payers (1.1%). Higher than average of industry peers (1.8%). Price Target Changed • Feb 01
Price target increased by 31% to ₹1,230 Up from ₹941, the current price target is an average from 2 analysts. New target price is 25% above last closing price of ₹988. Stock is up 55% over the past year. The company is forecast to post earnings per share of ₹153 for next year compared to ₹180 last year. Reported Earnings • Feb 01
Third quarter 2024 earnings released: EPS: ₹37.70 (vs ₹43.93 in 3Q 2023) Third quarter 2024 results: EPS: ₹37.70 (down from ₹43.93 in 3Q 2023). Revenue: ₹14.0b (down 1.8% from 3Q 2023). Net income: ₹5.38b (down 14% from 3Q 2023). Profit margin: 39% (down from 44% in 3Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is expected to decline by 5.2% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in India are expected to grow by 6.0%. Over the last 3 years on average, earnings per share has increased by 58% per year whereas the company’s share price has increased by 56% per year. Annonce • Jan 31
The Great Eastern Shipping Company Limited Declares Interim Dividend, Payable on or After February 27, 2024 The Great Eastern Shipping Company Limited announced that the Board of Directors at their meeting held on January 31, 2024, declared an interim dividend of INR 6.30 per share to the equity shareholders of the Company. The Record Date fixed for the purpose of ascertaining the shareholders eligible for receiving interim dividend is February 12, 2024. The interim dividend will be paid to the shareholders on or after February 27, 2024. Annonce • Jan 19
The Great Eastern Shipping Company Limited to Report Q3, 2024 Results on Jan 31, 2024 The Great Eastern Shipping Company Limited announced that they will report Q3, 2024 results on Jan 31, 2024 Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹998, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Oil and Gas industry in India. Total returns to shareholders of 339% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹715 per share. Upcoming Dividend • Nov 01
Upcoming dividend of ₹6.30 per share at 4.5% yield Eligible shareholders must have bought the stock before 08 November 2023. Payment date: 26 November 2023. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 4.5%. Within top quartile of Indian dividend payers (1.4%). Higher than average of industry peers (2.1%). Reported Earnings • Oct 29
Second quarter 2024 earnings released: EPS: ₹41.65 (vs ₹53.85 in 2Q 2023) Second quarter 2024 results: EPS: ₹41.65 (down from ₹53.85 in 2Q 2023). Revenue: ₹14.6b (down 14% from 2Q 2023). Net income: ₹5.95b (down 23% from 2Q 2023). Profit margin: 41% (down from 45% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 19% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in India are expected to grow by 5.7%. Over the last 3 years on average, earnings per share has increased by 56% per year whereas the company’s share price has increased by 54% per year. Annonce • Oct 28
The Great Eastern Shipping Company Limited Declares an Interim Dividend to the Equity Shareholders, Payable on or After November 22, 2023 The Great Eastern Shipping Company Limited declared an interim dividend of INR 6.30 per share to the equity shareholders of the Company. The `Record Date' fixed for the purpose of ascertaining the shareholders eligible for receiving interim dividend is November 08, 2023. The interim dividend will be paid to the shareholders on or after November 22, 2023. Annonce • Oct 20
The Great Eastern Shipping Company Limited to Report Q2, 2024 Results on Oct 27, 2023 The Great Eastern Shipping Company Limited announced that they will report Q2, 2024 results on Oct 27, 2023 Annonce • Oct 06
The Great Eastern Shipping Company Limited Announces Resignation of Anuj Garg, Joint Head Research Effective October 06, 2023 The Great Eastern Shipping Company Limited announced the change in senior management personnel of the Company on account of resignation of Mr. Anuj Garg, Joint Head Research effective October 06, 2023. Annonce • Sep 08
The Great Eastern Shipping Company Limited Announces Re-Designation of Ankush Gupta as Chief Operating Officer The Great Eastern Shipping Company Limited announced that as a part of change in organization structure, Capt. Ankush Gupta, currently Head of Operations (Tankers), has been redesignated as `Chief OperatingOfficer' of the Company with effect from September 09, 2023. In this new role, he will bring together the operating functions to work with cohesion and synergy. Consequent to this change, Health, Safety, Environment and Quality (HSEQ), Tanker Operations, Technical, Fleet Personnel and Material Procurement Departments will report /continue to report to Capt. Ankush Gupta. Upcoming Dividend • Aug 09
Upcoming dividend of ₹12.90 per share at 4.8% yield Eligible shareholders must have bought the stock before 16 August 2023. Payment date: 02 September 2023. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 4.8%. Within top quartile of Indian dividend payers (1.4%). Higher than average of industry peers (2.0%). Annonce • Aug 04
The Great Eastern Shipping Company Limited Declares Special Dividend, Payable on or After August 29, 2023 The board of directors of The Great Eastern Shipping Company Limited meeting held on August 3, 2023, declared an interim dividend of INR 12.90 per share to the equity shareholders of the Company. This includes special dividend of INR 7.50 per share to commemorate 75th anniversary of the Company. The `Record Date' fixed for the purpose of ascertaining the shareholders eligible for receiving interim dividend is August 16, 2023. The interim dividend will be paid to the shareholders on or after August 29, 2023.