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Sector: Transportation

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Small Cap

Essar Shipping Share Price

Essar Shipping Ltd.

23.94

0.21(0.88%)
25th May 2026 | 3:28 PM
NSE : ESSARSHPNG
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Essar Shipping Performance

Price Movement

₹23.94

₹23.00

₹24.48

Today's LowToday's High

1 Year Performance

₹23.94

₹21.60

₹43.26

52 Week Low52 Week High

Markets Today

High₹24.48
Low₹23.00
Open at₹24.02
Prev Close₹23.73
Volumes3.15 L
Avg Price₹23.71
Lower Circuit₹18.99
Upper Circuit₹28.47

Historical Performance

3M High₹31.06
3M Low₹21.60
1 Yr High₹43.26
1 Yr Low₹21.60
3 Yr High₹71.54
3 Yr Low₹8.60
5 Yr High₹71.54
5 Yr Low₹6.65

Essar Shipping Fundamentals

Market Cap
Below industry Median
486.20 Cr.
PE Ratio (TTM)
Negative PE TTM
-7.60
Dividend Yield
0
Net Profit TTM
111% decr over last year
-63.71
Net Profit Growth
111% decr over last year
-63.71
PEG Ratio
Below industry Median
0.10
ROE
-27.73
Operating Revenue TTM
-141.42
Operating Revenue Growth
191% decr over last year
Book Value
Negative Price to Book
-0.20
MFI
MFI strongly Oversold
8.69
RSI
RSI is mid-range
37.91
EPS (TTM)
31.89
Debt to Equity
-0.69
Face Value
10
Operating Profit Margin Qtr.
-20.02
Operating Profit Qtr.
-4.46
Net Profit Qtr.
-88.20
Operating Revenue Qtr.
0.04
PB Ratio
-0.20

Essar Shipping Financials

*All values are in Rs. Cr
Loading chart...
Indicator
Dec 2025
Sep 2025
Jun 2025
Mar 2025
Dec 2024
Total Revenue0.040.014.255.195.11
Operating Expense2.161.182.606.415.22
Operating Profit-2.12-1.171.65-1.22-0.11
Depreciation0.190.190.190.190.19
Interest21.239.057.5712.7914.93
Tax00000
Net Profit217.3797.5341.673258.32

Essar Shipping Technicals

Essar Shipping Ltd. EMA & SMA

23.94

0.11 (0.46%)

Bullish Moving Average

0

Bearish Moving Average

16

Day EMA5 ₹23.9
Day EMA10 ₹24.4
Day EMA12 ₹24.6
Day EMA20 ₹25
Day EMA26 ₹25.2
Day EMA50 ₹25.5
Day EMA100 ₹26.1
Day EMA200 ₹27.2

Essar Shipping Support and Resistance

Resistance

First Resistance₹24.13
Second Resistance₹24.77
Third Resistance₹25.30

Support

First Support₹22.96
Second Support₹22.43
Third Support₹21.79

Technical Indicators

Day RSI37.91
Day MFI8.69
Day ADX18.86
Day Commodity Channel Index-116.10
William-93.20
Day MACD-0.58
Day MACD Signal Line-0.25
Day ATR1.41
Day ROC125-27.77
Day ROC21-13.51

About Essar Shipping Limited Share Price

Essar Shipping Limited, with its corporate operations in Mumbai, functions as a shipping and logistics services provider in India . The company provides sea transportation through its fleet of tankers and dry bulk carriers, oilfields services including land and semi-submersible drilling rigs, and logistics services comprising trucks, trailers, and tippers . Essar Shipping has a presence in international markets including Mauritius and Indonesia .

Essar Shipping share price on NSE and BSE signifies how market participants react to the company’s operational performance and the overall developments in the shipping sector. The company’s financial health depends on factors like charter rates for its vessels, fleet utilization levels, demand from oil and gas exploration companies, and the company’s ability to manage operational costs. Essar Shipping stock price gets influenced by various factors such as earnings reports, changes in global crude oil prices affecting drilling activity, and trends in international trade and freight rates. In the longer run, strategies such as fleet modernization, debt reduction, and operational efficiency improvements affect the stock market sentiments. All these factors need monitoring to have an idea about the company’s stock price movements.

Essar Shipping live share price provides real-time information about the last price traded, bid and ask prices, and volume traded. These indicators represent market activity and liquidity, reflecting investor response to corporate announcements, economic conditions, and sector news. Constant monitoring of the Essar Shipping stock price movements helps in observing short term price volatility and shows how a stock moves relative to the broader shipping index. Furthermore, monitoring Essar Shipping live price helps investors understand real-time market sentiment, price fluctuations, and trading behaviour. It allows them to evaluate short-term performance and respond to news, quarterly results, or sector trends that may influence the company’s valuation.

Essar Shipping Limited Company Fundamentals

 (A) Company Background

Essar Shipping Limited was incorporated on 16 April 2010 in India as part of the Essar Group. The company was formed through the restructuring of the group’s shipping and oilfield services businesses. It is engaged in sea transportation and oilfield services, including contract drilling. The company operates a fleet comprising tankers and dry bulk carriers, serving domestic and international markets. Its registered office is located in Salaya, Devbhumi Dwarka, Gujarat, and it operates from corporate offices in Mumbai, Maharashtra. Over time, the company has developed capabilities in marine transportation and drilling services, supporting sectors such as oil and gas, energy, and bulk commodities.

(B) Company Product Lines

  • Sea Transportation
    • Operation of tanker and dry bulk vessel fleet for transportation of crude oil, petroleum products, and bulk commodities
  • Oilfield Services (Contract Drilling)
    • Ownership and operation of onshore and offshore drilling rigs for oil and gas exploration activities
  • Logistics and Marine Services
    • Support services related to cargo movement and coordination for maritime operations

(C) Company Revenue Model

  • Freight Earnings:
    • Revenue from voyage charters and time charters of vessels
  • Contract Drilling Income:
    • Earnings from deployment of drilling rigs under long-term and project-based contracts
  • Fleet Utilisation:
    • Revenue dependent on vessel deployment, charter rates, and utilisation levels
  • Oilfield Services Contracts:
    • Income linked to drilling operations and service agreements

(D) Geographic Presence

  • Registered Office:
    • Salaya, Devbhumi Dwarka, Gujarat, India
  • Corporate Presence:
    • Mumbai, Maharashtra, India
  • Domestic Operations:
    • Coastal shipping routes across Indian ports
  • International Operations:
    • Vessel deployment in international waters serving global trade routes
  • Global Linkages:
    • Operations supported through the broader network of the Essar Group

(E) Company Key Milestones

  • 2010: Incorporation of Essar Shipping Limited
  • 2010s: Integration of shipping and oilfield services businesses within the company structure
  • 2010s–2020s: Expansion and management of tanker and dry bulk fleet operations
  • Recent Years: Continued focus on fleet utilisation and contract drilling operations

(F) Company Industry Perspective

The shipping industry is influenced by global trade volumes, freight rates, and demand for transportation of crude oil, petroleum products, and bulk commodities. Market conditions are cyclical and depend on factors such as supply of vessels, fuel costs, and geopolitical developments affecting trade routes.

The oilfield services segment is linked to exploration and production activity in the oil and gas sector, with demand driven by energy requirements and capital expenditure by oil companies.

Within this environment, Essar Shipping Limited operates in sea transportation and contract drilling, with performance linked to freight market conditions and oilfield activity levels.

Essar Shipping Stock Market Presence: Listings & Index Representation

Essar Shipping Limited is listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). Essar Shipping share price is available for trading on the NSE under the symbol ESSARSHPNG and on the BSE with the scrip code 533704 . The company’s market presence is primarily within the small-cap segment of the market . Due to its size and sector focus, Essar Shipping stock price is generally tracked by investors interested in the shipping and logistics industry.

Essar Shipping is part of several broad-based and sector-specific stock market indices, reflecting its position as a small-cap shipping company in India. Essar Shipping share price is a constituent of wider market indices such as the BSE SmallCap and BSE Industrials indices. In addition, the company is included in multiple BSE indices which capture companies across small and mid-cap segments.

Essar Shipping Stock Performance and Share Price History

Essar Shipping share price on NSE reflects its status as a shipping and offshore drilling services provider with a diversified fleet of vessels and rigs in India. Performance gets driven by factors like charter rates for tankers and bulkers, fleet utilization rates, demand from oil and gas exploration customers, and the company’s ability to manage operational costs effectively . Investors compare Essar Shipping share price today with other shipping companies to gauge relative performance within the sector.

These underlying factors often appear through real market movements across different periods. Broader sector strength has played a role in supporting Essar Shipping share price. In addition to operational and sector-led factors, corporate actions such as one-time gains from asset sales can also have a significant impact on Essar Shipping share price movements in the short term. The company reported a substantial net profit in the financial year 2025, driven by a one-time gain from the sale of assets and a reduction in liabilities . This shows how corporate actions can trigger short-term swings, even within a competitive shipping framework influenced by global trade cycles and fuel price fluctuations.

While short-term movements reflect events and announcements, longer-term valuation trends become visible through Essar Shipping share price 52-week high and low, providing context beyond daily or weekly changes . Highs indicate strong charter rates and stable operations, while lows align with market corrections or sector volatility . These levels capture the impacts of global trade policies, commodity demand, and earnings visibility, providing context for the stock’s historical performance.

Essar Shipping stock performance reflects the trading behaviour of a small-cap shipping company operating within India’s competitive maritime industry. The company’s diversified operations across fleet chartering and oilfield services have shaped its Essar Shipping share price history. Over time, the stock has shown significant volatility, marked by periods of sharp gains and phases of consolidation. The company was incorporated in 2010 and has undergone restructuring efforts to reduce debt and optimize its fleet .

Essar Shipping stock performance over time has closely followed global shipping rate cycles and crude oil price movements. The company provides contract drilling services to oil and gas companies and operates international and coastal voyages . Over longer investment horizons, the stock has delivered mixed returns, with a five-year return showing positive growth but a one-year return showing a decline . The stock reached a 52-week high at a certain level and a 52-week low at a different level, reflecting the volatility inherent in the shipping business .

Despite the disruptions caused by the COVID-19 pandemic, Essar Shipping shares faced challenges during that period as global trade volumes declined and charter rates softened. The company’s operations were impacted by supply chain disruptions and reduced demand for shipping services. The company has been working on debt reduction and operational restructuring to improve its financial position.

Essar Shipping share price has seen decreases due to several recurring reasons. A decline in global charter rates or a slowdown in oil and gas exploration activity directly impacts revenue and leads to selling pressure. Changes in government policy, such as alterations in maritime regulations or changes in fuel emission norms, can also cause the stock to fall. Furthermore, any increase in operational costs like fuel expenses or crewing costs without a matching rise in charter rates squeezes the company’s margins, making the stock less attractive. Periods of economic slowdown that reduce global trade volumes raise concerns about vessel utilization, leading to a drop in Essar Shipping share price. The stock is also sensitive to competitive intensity in the shipping sector; if larger players add significant capacity, it can lead to a decrease in Essar Shipping stock price as investors adjust expectations for future charter rates. Broader market sell-offs in small-cap shipping stocks also pull the price down, regardless of the company’s individual performance. The company has reported negative operating income and EBITDA in recent periods, reflecting ongoing operational challenges . A decrease in oilfield services revenue or lower demand from drilling customers directly hurts the company’s revenue, resulting in a lower valuation for Essar Shipping share price.

Essar Shipping Investor Relevance and Role in Portfolio

Essar Shipping is a holding in shipping and small-cap portfolios, offering exposure to sea transportation, offshore drilling services, and logistics operations. Inclusion in small-cap indices underscores its importance in India’s maritime services space. The company’s diversified operations across fleet chartering and oilfield services, along with its ongoing restructuring efforts, make it a consideration for certain allocations.

Essar Shipping equity is held by a broad mix of promoters and public shareholders, reflecting its standing in India’s shipping sector. Promoter holding is held through Essar Shipping Mauritius Holdings Limited, which is the subsidiary of the company . Other institutional investors hold nominal percentages of the company’s shares, while public investors hold the remaining portion of the company’s shares. The company has reported negative net worth in recent periods, reflecting accumulated losses and debt levels .

Beyond fundamentals and ownership, Essar Shipping share price is actively monitored by market participants. The stock is available for trading in the futures and options segment on the NSE, allowing investors to take positions based on their outlook for the shipping sector. Market participants watch derivative indicators such as open interest and rollover patterns to gauge sentiment around quarterly results and policy announcements.

Technical indicators such as RSI, MACD, and MFI provide additional insight into short-term momentum shifts in the company’s stock price. While these indicators are primarily used for near-term trading decisions, they also help investors and portfolio managers understand broader market sentiment and anticipate potential volatility, especially around key events or announcements.

Essar Shipping stock price has exhibited certain volatility patterns. Essar Shipping beta has been observed around zero point nine eight, indicating sensitivity close to broader market movements . Over shorter timeframes, the stock has shown relatively higher sensitivity to market movements, indicating short-term volatility. During the three-month period, this sensitivity appears more balanced, suggesting a stable trading pattern. Across longer durations, the beta trends in a manner indicating continued correlation with overall market fluctuations. This behaviour is typical for companies in the shipping sector with exposure to global trade cycles. Overall, these variations across different timeframes highlight that while Essar Shipping may experience short-term fluctuations, its longer-term volatility remains characteristic of a small-cap shipping stock.

Essar Shipping Sectoral Relevance and Peer Positioning

Essar Shipping sector relevance stems from its scale in fleet operations and its presence across tanker, bulker, and offshore drilling services segments . Peer comparisons with companies like Great Eastern Shipping Company, Shipping Corporation of India, Seamec, and Shreeji Shipping Global focus on fleet size, vessel types, charter rates, and geographical presence rather than short-term stock moves . These benchmarks help investors assess operational scale, efficiency, and regulatory adherence. Institutional tracking of global trade volumes, crude oil prices, and charter rate cycles further highlights Essar Shipping positioning within India’s broader shipping market.

Essar Shipping market cap history shows the company’s position within the shipping sector. Since its incorporation in 2010, the market capitalization has fluctuated based on the company’s financial performance and debt levels . The company’s focus on restructuring its debt and optimizing its fleet has influenced market perception. This transition from a highly leveraged shipping company to an entity focused on operational turnaround has been a key factor in how the company’s overall valuation has evolved over time. The company currently maintains a market capitalization in the small-cap range .

Essar Shipping earnings history demonstrates the impact of its strategic business decisions and external market conditions. The company reported total operating revenue of over one hundred two crore rupees for the financial year 2025, with net profit of over six thousand six hundred crore rupees driven by a one-time gain from the sale of assets . For the trailing twelve months ending December 2025, the company reported a net loss of over six hundred thirty seven crore rupees . The company’s operating income has been negative in recent periods, reflecting ongoing operational challenges . The company’s debt levels remain significant, with total outside liabilities exceeding total assets .

Essar Shipping EPS provides insight into its operational performance and income generation from shipping and oilfield services. Over the years, earnings per share have shown variation in line with the company’s business cycle and industry conditions. The company’s basic earnings per share for the financial year 2025 was reported at over thirty one rupees, driven by one-time gains, while the trailing twelve-month EPS was negative . Quarterly performance reflects the ongoing earnings from vessel operations and drilling services, with the fleet operating segment contributing to the overall per-share earnings picture.

Essar Shipping P/E ratio reflects how investors perceive the company’s earnings relative to its business model. The company’s price-to-earnings ratio has been observed around zero point eight to one point two times based on one-time gain-inflated earnings, which does not accurately reflect ongoing operational performance . The ratio has moved in response to one-time events rather than sustainable operational improvements. The company’s negative equity position has resulted in a negative price-to-book ratio . These metrics highlight the challenges the company faces in achieving sustainable profitability from its core operations.

Summary

Essar Shipping Limited provides sea transportation through its fleet of tankers and bulk carriers, along with offshore drilling and logistics services. Essar Shipping share price on the NSE and BSE reflects trading activity within the shipping and logistics industry. The company has a notable presence in domestic and select international markets. Essar Shipping stock price is influenced by charter rates, oil prices, global trade volumes, and broader economic factors. The company’s focus on debt reduction and operational restructuring remains a key aspect of its business profile

Essar Shipping Shareholding Pattern

Held ByDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoter73.873.873.873.873.873.8
FII000000
DII000000
Public26.226.226.226.226.226.2

Essar Shipping Delivery And Volume

PeriodCombined Delivery VolumeNSE+BSE Traded Volume AvgDaily Avg Delivery Volume %
Day2.12 L4.78 L44.26%
Week1.59 L3.11 L51.14%
1 Month2.74 L5.02 L54.69%
6 Month1.69 L2.77 L60.81%

Essar Shipping SWOT Analysis

Strengths6
Weakness12
Opportunity0
Threats0

Rising Net Cash Flow and Cash from Operating activity

Annual Profit Growth higher than Sector Profit Growth

PEG lower than Industry PEG

Company able to generate Net Cash - Improving Net Cash Flow for last 2 years

Companies with Zero Promoter Pledge

Stock with Low PE (PE < = 10)

Essar Shipping Corporate Action

Ex-Date
Dividend Amount
Dividend Type
Record Date
Instrument Type
No Record Found

Essar Shipping Stock Comparison

Financials
Price (₹)₹168₹86.81₹69.97₹420₹21.80₹111
% Change0.00%-2.53%1.13%-0.91%0.00%2.07%
Revenue TTM (₹ Cr)-₹450.75₹833.86---
Net Profit TTM (₹ Cr)-₹19.09₹38.36---
PE TTM14.5015.9016.9024.50-12.10
1 Year Return38.11-33.44-45.578.42-85.5720.42
ROCE-16.35---9.50

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