Great Eastern Shipping (500620) Stock Overview
Through its subsidiaries, engages in the shipping and offshore businesses in India and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
500620 Community Fair Values
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Analyst Price Targets
The Great Eastern Shipping Company Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹1,578.30 |
| 52 Week High | ₹1,590.00 |
| 52 Week Low | ₹842.35 |
| Beta | 0.58 |
| 1 Month Change | 8.08% |
| 3 Month Change | 31.27% |
| 1 Year Change | 80.05% |
| 3 Year Change | 140.63% |
| 5 Year Change | 313.76% |
| Change since IPO | 4,409.43% |
Recent News & Updates
500620: High Utilisation And Fleet Renewal Will Support Stronger Future Returns
Analysts have kept the price target for Great Eastern Shipping steady at ₹1,667.50, citing updated assumptions that reflect marginally higher revenue growth at 8.65%, a slightly stronger profit margin at 49.52%, and a modestly lower future P/E of 10.36x. What's in the News GE Shipping contracted to buy one secondhand Kamsarmax dry bulk carrier and one secondhand Medium Range tanker, with both transactions expected to complete in the first quarter of fiscal year 2027 (Key Developments).500620: High Utilisation And Fleet Renewal Will Support Stronger Long Term Outlook
Analysts have raised their price target on Great Eastern Shipping from ₹1,552 to ₹1,667.50, citing updated assumptions that include revenue growth of 6.67%, a profit margin of 49.17% and a lower future P/E estimate of 11.03x. What's in the News Board meeting on January 29, 2026 to consider unaudited financial results for the quarter ended December 31, 2025 and an interim dividend for FY 2025-26, if any (company filing).500620: Steady Fleet Expansion And Near Full Utilisation Will Support Balanced Outlook
Analysts have kept their price target for Great Eastern Shipping steady at ₹1,552, reflecting unchanged assumptions on discount rate, revenue growth, profit margin and future P/E, and indicating that the recent review has not altered their assessment of fair value. What's in the News Board meeting on March 16, 2026 to consider recommending the reappointment of Independent Director Mrs.500620: Near Full Fleet Utilisation And New Vessels Will Support Stronger Returns
Analysts have kept their price target for Great Eastern Shipping steady at ₹1,552, reflecting unchanged views on the discount rate, revenue growth, profit margin and forward P/E assumptions. What's in the News GE Shipping took delivery of Medium Range Tanker "Jag Pranesh" of about 51,565 dwt on February 24, 2026, financed entirely from internal accruals.Recent updates
500620: High Utilisation And Fleet Renewal Will Support Stronger Future Returns
Analysts have kept the price target for Great Eastern Shipping steady at ₹1,667.50, citing updated assumptions that reflect marginally higher revenue growth at 8.65%, a slightly stronger profit margin at 49.52%, and a modestly lower future P/E of 10.36x. What's in the News GE Shipping contracted to buy one secondhand Kamsarmax dry bulk carrier and one secondhand Medium Range tanker, with both transactions expected to complete in the first quarter of fiscal year 2027 (Key Developments).500620: High Utilisation And Fleet Renewal Will Support Stronger Long Term Outlook
Analysts have raised their price target on Great Eastern Shipping from ₹1,552 to ₹1,667.50, citing updated assumptions that include revenue growth of 6.67%, a profit margin of 49.17% and a lower future P/E estimate of 11.03x. What's in the News Board meeting on January 29, 2026 to consider unaudited financial results for the quarter ended December 31, 2025 and an interim dividend for FY 2025-26, if any (company filing).500620: Steady Fleet Expansion And Near Full Utilisation Will Support Balanced Outlook
Analysts have kept their price target for Great Eastern Shipping steady at ₹1,552, reflecting unchanged assumptions on discount rate, revenue growth, profit margin and future P/E, and indicating that the recent review has not altered their assessment of fair value. What's in the News Board meeting on March 16, 2026 to consider recommending the reappointment of Independent Director Mrs.500620: Near Full Fleet Utilisation And New Vessels Will Support Stronger Returns
Analysts have kept their price target for Great Eastern Shipping steady at ₹1,552, reflecting unchanged views on the discount rate, revenue growth, profit margin and forward P/E assumptions. What's in the News GE Shipping took delivery of Medium Range Tanker "Jag Pranesh" of about 51,565 dwt on February 24, 2026, financed entirely from internal accruals.500620: Fleet Expansion And Near Full Utilisation Will Drive Stronger Future Returns
Analysts have kept their price target for Great Eastern Shipping unchanged at ₹1,552. This reflects stable views on the discount rate, revenue growth, profit margin and future P/E assumptions.500620: Fleet Expansion And High Utilisation Will Support Stronger Future Returns
Narrative Update on Great Eastern Shipping Analysts have lifted their price target on Great Eastern Shipping from ₹1,456 to ₹1,552, citing updated assumptions that combine a slightly lower discount rate and reduced revenue growth expectations with higher projected profit margins and a modest uptick in future P/E multiples. What's in the News The board approved a third interim dividend of ₹9 per share for FY 2025 to 2026, with the record date on February 4, 2026 and payment scheduled on or after February 24, 2026 (Dividend Increases).500620: Fleet Expansion And Vessel Renewals Will Drive Stronger Future Returns
Analysts have maintained their price target for Great Eastern Shipping at ₹1,456, citing unchanged assumptions on discount rate, revenue growth, profit margin, and future P/E as the basis for keeping their valuation steady. What's in the News Board meeting scheduled on January 29, 2026 to review unaudited financial results for the quarter ended December 31, 2025 and to consider an interim dividend for FY 2025-26, if any (company filing).500620: Fleet Renewal And Vessel Mix Shift Will Support Stronger Future Returns
Analysts have raised their price target on Great Eastern Shipping from ₹1,448.50 to ₹1,456.00, citing updated assumptions around higher revenue growth, a slightly lower profit margin, and a reduced future P/E multiple in their models. What's in the News G E Shipping has contracted to buy a secondhand Medium Range tanker of about 51,565 dwt, a 2013 South Korean built vessel expected to join the fleet in the fourth quarter of fiscal 2026.500620: Fleet Renewal And New Gas Carrier Purchases Will Drive Returns Higher
Analysts have modestly adjusted their price target for Great Eastern Shipping to ₹1,448.50, reflecting largely unchanged assumptions on discount rate, revenue growth, profit margins, and future valuation multiples, and signaling continued confidence in the company’s earnings resilience. What's in the News Contracted purchase of a secondhand Very Large Gas Carrier of about 84,048 cbm, with delivery expected in the fourth quarter of fiscal 2026.500620: Fleet Expansion And Leadership Transition Will Drive Future Returns Higher
Analysts have modestly reaffirmed their view on Great Eastern Shipping with an unchanged price target of ₹1,448.50, citing stable assumptions around the discount rate, revenue growth, profit margins, and future valuation multiples. What's in the News Contracted purchase of a 2019 built Ultramax dry bulk carrier of about 63,500 dwt, to be financed from internal accruals and added to the fleet by the fourth quarter of fiscal 2026, supporting capacity expansion amid near full utilization (company announcement).500620: Fleet Expansion And High Utilization Will Drive Profit Margins Higher
Analysts have maintained their price target for Great Eastern Shipping at ₹1,448.50. This reflects their view that a lower projected revenue growth is balanced by slightly improved profit margins.500620: Future Profit Margins Will Improve With Fleet Expansion
Narrative Update on Great Eastern Shipping: Analyst Price Target Revision Analysts have raised their fair value estimate for Great Eastern Shipping from ₹1,376.50 to ₹1,448.50. They cite improved profit margin expectations and a modestly lower discount rate as key factors in the upward adjustment.Fleet Modernization And Asian Demand Will Create Long-Term Value
With no material changes in valuation metrics—Consensus Analyst Price Target, Discount Rate, and Future P/E all remained virtually unchanged—analysts have left Great Eastern Shipping’s fair value estimate stable at ₹1376. What's in the News Contracted to acquire a 2010-built Suezmax Crude Carrier (164,715 dwt), expected to join the fleet by Q3 FY26; one Kamsarmax Dry Bulk Carrier also set to be added, bringing the total to 40 vessels (3.29 mn dwt) post-delivery.
Fleet Expansion Will Tighten 2025 Markets, But Aging Fleets And Low Demand Could Challenge Future Freight Rates
Strategic fleet management and potential in-chartering could enhance margins without significant capital expenditures amidst tight market conditions.Shareholder Returns
| 500620 | IN Oil and Gas | IN Market | |
|---|---|---|---|
| 7D | 12.4% | 5.6% | 0.4% |
| 1Y | 80.0% | 5.8% | 4.0% |
Return vs Industry: 500620 exceeded the Indian Oil and Gas industry which returned 6.8% over the past year.
Return vs Market: 500620 exceeded the Indian Market which returned 3.9% over the past year.
Price Volatility
| 500620 volatility | |
|---|---|
| 500620 Average Weekly Movement | 5.4% |
| Oil and Gas Industry Average Movement | 7.0% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in IN Market | 10.2% |
| 10% least volatile stocks in IN Market | 4.7% |
Stable Share Price: 500620 has not had significant price volatility in the past 3 months compared to the Indian market.
Volatility Over Time: 500620's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1948 | 240 | Bharat Sheth | greatship.com |
The Great Eastern Shipping Company Limited, through its subsidiaries, engages in the shipping and offshore businesses in India and internationally. The company is involved in the transportation of crude oil, petroleum products, and gas and dry bulk commodities. It operates a fleet of 41 vessels comprising 27 tankers, including 5 crude carriers, 17 product carriers, and 5 LPG carriers; and 14 dry bulk carriers comprising 2 capesize, 9 kamsarmax, 2 supramax, and an ultramax with an aggregating 3.25 million dwt.
The Great Eastern Shipping Company Limited Fundamentals Summary
| 500620 fundamental statistics | |
|---|---|
| Market cap | ₹225.33b |
| Earnings (TTM) | ₹22.62b |
| Revenue (TTM) | ₹51.21b |
10.0x
P/E Ratio4.4x
P/S RatioIs 500620 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 500620 income statement (TTM) | |
|---|---|
| Revenue | ₹51.21b |
| Cost of Revenue | ₹19.61b |
| Gross Profit | ₹31.60b |
| Other Expenses | ₹8.98b |
| Earnings | ₹22.62b |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
May 14, 2026
| Earnings per share (EPS) | 158.41 |
| Gross Margin | 61.71% |
| Net Profit Margin | 44.16% |
| Debt/Equity Ratio | 8.2% |
How did 500620 perform over the long term?
See historical performance and comparisonDividends
1.9%
Current Dividend Yield18%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/01 10:38 |
| End of Day Share Price | 2026/04/30 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
The Great Eastern Shipping Company Limited is covered by 17 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | 360 ONE Capital Market Private Limited |
| Siddharth Chauhan | 360 ONE Capital Market Private Limited |
| Roshan Nair | 360 ONE Capital Market Private Limited |