About Essar Shipping Limited.
Data last updated: 14 July 2026
Essar Shipping Limited. is a public limited company based in Khambhalia, Gujarat, India, a subsidiary of Essar Shipping Mauritius Holdings Limited. It specialises in shipping and maritime services, a part of the broader transport and logistics sector. Incorporated on 16 April 2010, the company has been in operation for over 16 years.
Registered with ROC Ahmedabad under CIN L61200GJ2010PLC060285. Listed on BSE: 533704 and NSE: ESSARSHPNG.
Capital: an authorised share capital of ₹650 Cr and a paid-up capital of ₹206.98 Cr. Formerly known as Essar Ports & Terminals Limited. It is led by directors including Rajesh Dhirubhai Desai and Suresh Ramamirtham.
Last AGM: 26 September 2025. Financial statements filed for year ended 31 March 2025. Office: Ebtsl Premises Er – 2 Building(Admn. Building)Salaya 44 Km P.B. No 7Taluka Khambhalia Devbhu, Mi Dwarka, Gujarat, India – 361305.
As per NSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹1.78 Cr, a decline of 82.65% compared to the previous year. Total assets are valued at ₹317.02 Cr (up 5.83% YoY).
It operates as a subsidiary of Essar Shipping Mauritius Holdings Limited. Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹1,855.2 Cr and satisfied charges of ₹2,279.26 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website essar.com.
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EmailLocked
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TelephoneLocked
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Website
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Social Media
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Registered AddressEbtsl Premises Er – 2 Building(Admn. Building)Salaya 44 Km P.B. No 7Taluka Khambhalia Devbhu, Mi Dwarka, Gujarat, India – 361305
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IndustryTransport and Logistics, Shipping & Maritime Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Essar Shipping Limited.
Essar Shipping Limited. has one previous CIN (Corporate Identification Number): U61200GJ2010PLC060285. The current CIN is L61200GJ2010PLC060285, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L61200GJ2010PLC060285 | Current |
| U61200GJ2010PLC060285 | Previous |
Business Activity of Essar Shipping Limited.
Essar Shipping Limited. is engaged in the principal business activity of transport and storage, with detailed activities including water transport.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H3 | Water transport | Locked |
Business activity turnover details for Essar Shipping Limited.
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Essar Shipping Limited.
Essar Shipping Limited. is audited by Manohar Chowdhry & Associates (ICAI peer reviewed, certificate valid till 2027-09-30) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| Manohar Chowdhry & Associates (ICAI peer reviewed, certificate valid till 2027-09-30) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Essar Shipping Limited.
Essar Shipping Limited. is currently managed by 7 directors, with 38 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Rajesh Dhirubhai Desai
Also directs:
Essar Shipping Limited.
|
Director | 30 Sep 2020 | 5 Years 10 Months | Current |
|
Suresh Ramamirtham
Also directs:
Essar Shipping Limited.
|
Director | 31 Aug 2021 | 4 Years 11 Months | Current |
|
Jayakumar
Also directs:
Essar Shipping Limited.
|
Director | 31 Aug 2021 | 4 Years 11 Months | Current |
| Ketan Kantibhai Shah | Director | 26 Sep 2025 | 0 Years 10 Months | Current |
|
Sunil Bhargav Modak
Also directs:
Essar Shipping Limited.
|
Director | 08 Sep 2022 | 3 Years 11 Months | Current |
|
Raichel Mathew
Also directs:
Essar Shipping Limited.
|
Director | 08 Sep 2022 | 3 Years 11 Months | Current |
Financials of Essar Shipping Limited. FY 2026 filings available
Essar Shipping Limited. reported revenue of ₹1.78 Cr (down 82.65% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹1.78 Cr | ₹10.26 Cr | ₹20.24 Cr | ₹60.67 Cr | ₹328.34 Cr | ₹473.03 Cr | ₹1,344.16 Cr |
| Other Income | ₹96.15 Cr | ₹237.08 Cr | ₹62.38 Cr | ₹103.92 Cr | ₹224.84 Cr | ₹35.13 Cr | ₹150.14 Cr |
| Total Income | ₹97.93 Cr | ₹247.34 Cr | ₹82.62 Cr | ₹164.59 Cr | ₹553.18 Cr | ₹508.16 Cr | ₹1,494.3 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹898.9 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹5.54 Cr | ₹10.46 Cr | ₹24.15 Cr | ₹4.03 Cr | ₹39.97 Cr | ₹72.86 Cr | ₹111.56 Cr |
| Finance Costs | ₹94.06 Cr | ₹100.55 Cr | ₹81.39 Cr | ₹131.57 Cr | ₹356.47 Cr | ₹488.69 Cr | ₹432.58 Cr |
| Depreciation & Amortisation | ₹78 Lakh | ₹76 Lakh | ₹32.08 Cr | ₹41.14 Cr | ₹105.92 Cr | ₹173.76 Cr | ₹172.25 Cr |
| Other Expenses | ₹12.22 Cr | ₹49.32 Cr | ₹63.08 Cr | ₹24.42 Cr | ₹225.4 Cr | ₹369.38 Cr | ₹73.09 Cr |
| Total Expenses | ₹112.6 Cr | ₹161.09 Cr | ₹200.7 Cr | ₹201.16 Cr | ₹727.76 Cr | ₹1,104.69 Cr | ₹1,688.38 Cr |
| Profit Before Exceptional Items & Tax | -₹14.67 Cr | ₹86.25 Cr | -₹118.08 Cr | -₹36.57 Cr | -₹174.58 Cr | -₹596.53 Cr | -₹194.08 Cr |
| Exceptional Items | -₹97.4 Cr | ₹570.32 Cr | ₹12.94 Cr | ₹1,660.33 Cr | ₹93.81 Cr | -₹23.41 Cr | -₹1,491.66 Cr |
| Profit Before Tax | -₹112.07 Cr | ₹656.57 Cr | -₹105.14 Cr | ₹1,623.76 Cr | -₹80.77 Cr | -₹619.94 Cr | -₹1,685.74 Cr |
| Total Tax Expense | ₹0 | ₹0 | -₹83 Lakh | -₹26.46 Cr | ₹26 Lakh | ₹62 Lakh | ₹1.11 Cr |
| Net Profit | -₹112.07 Cr | ₹660.08 Cr | -₹104.31 Cr | ₹1,650.46 Cr | -₹78.03 Cr | -₹620.56 Cr | -₹1,686.85 Cr |
| attributable to Owners | -₹112.07 Cr | ₹660.08 Cr | -₹118.51 Cr | ₹1,650.38 Cr | -₹78.49 Cr | -₹620.41 Cr | -₹1,681.5 Cr |
| attributable to NCI | ₹0 | ₹0 | ₹13.78 Cr | ₹24 Lakh | ₹46 Lakh | -₹15 Lakh | -₹5.35 Cr |
| Other Comprehensive Income | ₹0 | -₹17 Lakh | -₹41 Lakh | ₹17 Lakh | ₹23 Lakh | -₹10 Lakh | ₹2.91 Cr |
| Total Comprehensive Income | -₹112.07 Cr | ₹659.91 Cr | -₹104.72 Cr | ₹1,650.63 Cr | -₹77.8 Cr | -₹620.66 Cr | -₹1,683.94 Cr |
| EBITDA (computed) | ₹80.17 Cr | ₹187.56 Cr | -₹4.61 Cr | ₹136.14 Cr | ₹287.81 Cr | ₹65.92 Cr | ₹410.75 Cr |
| Basic EPS | ₹-0.71 | ₹4.35 | ₹-5.67 | ₹-0.41 | ₹-8.30 | ₹-29.98 | ₹-81.50 |
| Diluted EPS | ₹-0.71 | ₹4.35 | ₹-5.67 | ₹-0.41 | ₹-8.30 | ₹-29.98 | ₹-81.50 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹317.02 Cr | ₹299.57 Cr | ₹911.02 Cr | ₹1,046.52 Cr |
| Non-current Assets | ₹277.51 Cr | ₹212.43 Cr | ₹26.22 Cr | ₹98.96 Cr |
| Current Assets | ₹39.51 Cr | ₹62.96 Cr | ₹884.8 Cr | ₹947.56 Cr |
| Property, Plant & Equipment | ₹44.31 Cr | ₹27.45 Cr | ₹26.12 Cr | ₹57.75 Cr |
| Inventories | ₹1.1 Cr | ₹99 Lakh | ₹0 | ₹2.68 Cr |
| Trade Receivables | ₹1.28 Cr | ₹15.13 Cr | ₹18.66 Cr | ₹13.14 Cr |
| Cash & Equivalents | ₹2.96 Cr | ₹6.31 Cr | ₹23.91 Cr | ₹25.38 Cr |
| Equity (Net Worth) | -₹2,073.15 Cr | -₹2,379.63 Cr | -₹2,673.65 Cr | -₹2,623.62 Cr |
| Equity Share Capital | ₹206.98 Cr | ₹206.98 Cr | ₹206.98 Cr | ₹206.98 Cr |
| Borrowings (Non-current) | ₹1,531.84 Cr | ₹1,405.64 Cr | ₹622.74 Cr | ₹398.19 Cr |
| Borrowings (Current) | ₹83.65 Cr | ₹225.58 Cr | ₹2,019.24 Cr | ₹2,305.74 Cr |
| Total Debt (computed) | ₹1,615.49 Cr | ₹1,631.22 Cr | ₹2,641.98 Cr | ₹2,703.93 Cr |
| Current Liabilities | ₹858.33 Cr | ₹1,273.4 Cr | ₹2,961.93 Cr | ₹3,271.95 Cr |
| Total Liabilities | ₹2,390.17 Cr | ₹2,679.2 Cr | ₹3,584.67 Cr | ₹3,670.14 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹129.46 Cr | ₹530.63 Cr | -₹46.5 Cr | ₹513.62 Cr | ₹140.29 Cr |
| Investing Cash Flow | ₹26.64 Cr | ₹267.55 Cr | ₹56.72 Cr | ₹90.3 Cr | ₹492.95 Cr |
| Financing Cash Flow | -₹212.12 Cr | -₹210.73 Cr | -₹70.52 Cr | -₹968.92 Cr | -₹626.74 Cr |
| Capital Expenditure | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Free Cash Flow (computed) | -₹129.46 Cr | ₹530.63 Cr | -₹46.5 Cr | ₹513.62 Cr | ₹140.29 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹2.05 Cr | -₹14.78 Cr | -₹6.43 Cr | -₹365 Cr | -₹8.96 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹4 Lakh | ₹4,000 | ₹1 Lakh | ₹1.69 Cr | -₹143.16 Cr | ₹3.07 Cr | ₹147.81 Cr | ₹2.54 Cr | ₹2.54 Cr | ₹2.58 Cr | ₹4.23 Cr | ₹10.89 Cr |
| Other Income | ₹31.75 Cr | ₹16.56 Lakh | ₹3 Lakh | ₹47.82 Cr | ₹58.95 Cr | ₹68.94 Cr | ₹100.16 Cr | ₹9.03 Cr | ₹10.89 Cr | ₹6.36 Cr | ₹7.53 Cr | ₹37.59 Cr |
| Total Income | ₹31.79 Cr | ₹16.6 Lakh | ₹4 Lakh | ₹49.51 Cr | -₹84.21 Cr | ₹72.01 Cr | ₹247.97 Cr | ₹11.57 Cr | ₹13.43 Cr | ₹8.94 Cr | ₹11.76 Cr | ₹48.48 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹1.32 Cr | ₹1.18 Lakh | ₹1.5 Cr | ₹1.54 Cr | -₹1.06 Cr | ₹7.13 Cr | ₹1.99 Cr | ₹2.4 Cr | ₹8.58 Cr | ₹5.77 Cr | ₹7.24 Cr | ₹2.57 Cr |
| Finance Costs | ₹27.62 Cr | ₹33.1 Lakh | ₹17.8 Cr | ₹15.54 Cr | ₹20.88 Cr | ₹22.53 Cr | ₹28.15 Cr | ₹28.99 Cr | ₹44.6 Cr | ₹15.77 Cr | ₹9.53 Cr | ₹11.49 Cr |
| Depreciation & Amortisation | ₹19 Lakh | ₹20,000 | ₹20 Lakh | ₹19 Lakh | ₹19 Lakh | ₹19 Lakh | ₹19 Lakh | ₹19 Lakh | -₹9 Lakh | ₹10.77 Cr | ₹10.79 Cr | ₹10.61 Cr |
| Other Expenses | ₹2.33 Cr | ₹3.32 Lakh | ₹1.69 Cr | ₹4.88 Cr | -₹111.71 Cr | ₹4.15 Cr | ₹152.3 Cr | ₹8.98 Cr | ₹25.66 Cr | ₹13.34 Cr | ₹17.8 Cr | ₹5.79 Cr |
| Total Expenses | ₹31.46 Cr | ₹37.8 Lakh | ₹21.19 Cr | ₹22.15 Cr | -₹91.7 Cr | ₹34 Cr | ₹182.63 Cr | ₹40.56 Cr | ₹78.75 Cr | ₹45.65 Cr | ₹45.36 Cr | ₹30.46 Cr |
| Profit Before Exceptional Items & Tax | ₹33 Lakh | -₹21.2 Lakh | -₹21.15 Cr | ₹27.36 Cr | ₹7.49 Cr | ₹38.01 Cr | ₹65.34 Cr | -₹28.99 Cr | -₹65.32 Cr | -₹36.71 Cr | -₹33.6 Cr | ₹18.02 Cr |
| Exceptional Items | -₹35.9 Cr | -₹67 Lakh | ₹5.5 Cr | ₹0 | ₹5.27 Cr | ₹1.2 Cr | ₹573.78 Cr | -₹5.54 Cr | ₹12.13 Cr | -₹4.64 Cr | -₹3.15 Cr | ₹8.11 Cr |
| Profit Before Tax | -₹35.57 Cr | -₹88.2 Lakh | -₹15.65 Cr | ₹27.36 Cr | ₹12.76 Cr | ₹39.21 Cr | ₹639.12 Cr | -₹34.53 Cr | -₹53.19 Cr | -₹41.35 Cr | -₹36.75 Cr | ₹26.13 Cr |
| Total Tax Expense | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | -₹83 Lakh | ₹0 |
| Net Profit | -₹35.57 Cr | -₹88.2 Lakh | -₹15.65 Cr | ₹27.36 Cr | ₹12.76 Cr | ₹39.7 Cr | ₹642.14 Cr | -₹34.53 Cr | -₹53.19 Cr | -₹41.35 Cr | -₹35.92 Cr | ₹26.13 Cr |
| attributable to Owners | -₹35.57 Cr | -₹82.39 Lakh | -₹15.65 Cr | ₹0 | ₹12.77 Cr | ₹39.7 Cr | ₹642.54 Cr | -₹34.94 Cr | -₹64.35 Cr | -₹43.78 Cr | -₹35.98 Cr | ₹26.06 Cr |
| attributable to NCI | ₹0 | ₹0 | - | ₹0 | ₹0 | ₹0 | -₹40 Lakh | ₹40 Lakh | ₹11.21 Cr | ₹2.43 Cr | ₹7 Lakh | ₹7 Lakh |
| Other Comprehensive Income | -₹39 Lakh | ₹0 | ₹39 Lakh | ₹0 | -₹3 Lakh | -₹7 Lakh | ₹3 Lakh | -₹10 Lakh | ₹5 Lakh | -₹15 Lakh | ₹39 Lakh | ₹8 Lakh |
| Total Comprehensive Income | -₹35.96 Cr | -₹88.2 Lakh | -₹15.26 Cr | ₹27.36 Cr | ₹12.73 Cr | ₹39.63 Cr | ₹642.17 Cr | -₹34.63 Cr | -₹53.14 Cr | -₹41.5 Cr | -₹35.53 Cr | ₹26.21 Cr |
| EBITDA (computed) | ₹28.14 Cr | ₹12.1 Lakh | -₹3.15 Cr | ₹43.09 Cr | ₹28.56 Cr | ₹60.73 Cr | ₹93.68 Cr | ₹19 Lakh | -₹20.81 Cr | -₹10.17 Cr | -₹13.28 Cr | ₹40.12 Cr |
| Basic EPS | ₹-0.02 | ₹-4.26 | ₹-1.02 | ₹1.32 | ₹0.36 | ₹1.92 | ₹3.30 | ₹-1.40 | ₹-3.16 | ₹-1.77 | ₹-1.58 | ₹0.87 |
| Diluted EPS | ₹-0.02 | ₹-4.26 | ₹-1.02 | ₹1.32 | ₹0.36 | ₹1.92 | ₹3.30 | ₹-1.40 | ₹-3.16 | ₹-1.77 | ₹-1.58 | ₹0.87 |
| Segment · Q3 FY25 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Fleet Operating and Chartering | ₹5.11 Cr | ₹62.22 Cr | ₹79.45 Cr | ₹242.47 Cr |
| Other Income Unallocted | ₹68.94 Cr | ₹1.2 Cr | ₹0 | ₹0 |
| Rig Operating and Chartering | ₹50 Lakh | -₹1.67 Cr | ₹207.31 Cr | ₹991.64 Cr |
| Segment · FY 2023 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Fleet operating and chartering | ₹3.33 Cr | ₹78.78 Cr | - | - |
| Other income unallocated | ₹103.93 Cr | ₹0 | - | - |
| Rig operating and chartering | ₹58.69 Cr | ₹16.22 Cr | - | - |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹4.33 Cr | ₹20.5 Cr | ₹15.76 Cr | ₹3.33 Cr | ₹140.03 Cr | ₹166.94 Cr | ₹538.47 Cr |
| Other Income | ₹65.67 Cr | ₹292.79 Cr | ₹34.36 Cr | ₹35.53 Cr | ₹162.06 Cr | ₹8.96 Cr | ₹12.53 Cr |
| Total Income | ₹70 Cr | ₹313.29 Cr | ₹50.12 Cr | ₹38.86 Cr | ₹302.09 Cr | ₹175.9 Cr | ₹551 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹300.23 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹2.46 Cr | ₹8.72 Cr | ₹7.61 Cr | ₹3.65 Cr | ₹33.39 Cr | ₹52.62 Cr | ₹55.4 Cr |
| Finance Costs | ₹48.73 Cr | ₹76.32 Cr | ₹46.95 Cr | ₹94.65 Cr | ₹180.22 Cr | ₹212.16 Cr | ₹209.87 Cr |
| Depreciation & Amortisation | ₹76 Lakh | ₹76 Lakh | ₹74 Lakh | ₹22 Lakh | ₹45.26 Cr | ₹112.53 Cr | ₹110.35 Cr |
| Other Expenses | ₹4.61 Cr | ₹12.42 Cr | ₹14.72 Cr | ₹12.87 Cr | ₹67.78 Cr | ₹96.64 Cr | ₹48.06 Cr |
| Total Expenses | ₹56.56 Cr | ₹98.22 Cr | ₹70.02 Cr | ₹111.39 Cr | ₹326.65 Cr | ₹473.95 Cr | ₹723.91 Cr |
| Profit Before Exceptional Items & Tax | ₹13.44 Cr | ₹215.07 Cr | -₹19.9 Cr | -₹72.53 Cr | -₹24.56 Cr | -₹298.06 Cr | -₹172.91 Cr |
| Exceptional Items | ₹539.28 Cr | ₹156.05 Cr | -₹51.27 Cr | ₹1,738.78 Cr | -₹225.15 Cr | ₹79 Lakh | -₹2,779.42 Cr |
| Profit Before Tax | ₹552.72 Cr | ₹371.12 Cr | -₹71.17 Cr | ₹1,666.25 Cr | -₹249.71 Cr | -₹297.27 Cr | -₹2,952.33 Cr |
| Total Tax Expense | ₹0 | ₹0 | -₹83 Lakh | -₹26.46 Cr | ₹26 Lakh | ₹62 Lakh | ₹1.11 Cr |
| Net Profit | ₹552.72 Cr | ₹371.12 Cr | -₹70.34 Cr | ₹1,692.71 Cr | -₹249.97 Cr | -₹297.89 Cr | -₹2,953.44 Cr |
| Other Comprehensive Income | ₹39 Lakh | -₹17 Lakh | -₹41 Lakh | ₹17 Lakh | ₹23 Lakh | ₹20 Lakh | ₹2.91 Cr |
| Total Comprehensive Income | ₹553.11 Cr | ₹370.95 Cr | -₹70.75 Cr | ₹1,692.88 Cr | -₹249.74 Cr | -₹297.69 Cr | -₹2,950.53 Cr |
| EBITDA (computed) | ₹62.93 Cr | ₹292.15 Cr | ₹27.79 Cr | ₹22.34 Cr | ₹200.92 Cr | ₹26.64 Cr | ₹147.31 Cr |
| Basic EPS | ₹0.65 | ₹10.39 | ₹-0.92 | ₹-2.23 | ₹-1.20 | ₹-14.43 | ₹-142.69 |
| Diluted EPS | ₹0.65 | ₹10.39 | ₹-0.92 | ₹-2.25 | ₹-1.20 | ₹-14.43 | ₹-142.69 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹18.74 Cr | ₹57.78 Cr | ₹326.38 Cr | ₹381.53 Cr |
| Non-current Assets | ₹6.15 Cr | ₹6.91 Cr | ₹3.17 Cr | ₹44.66 Cr |
| Current Assets | ₹12.59 Cr | ₹26.69 Cr | ₹323.21 Cr | ₹336.87 Cr |
| Property, Plant & Equipment | ₹1.54 Cr | ₹2.3 Cr | ₹3.07 Cr | ₹3.69 Cr |
| Inventories | ₹0 | ₹0 | ₹0 | ₹0 |
| Trade Receivables | ₹1.96 Cr | ₹15.52 Cr | ₹5.73 Cr | ₹1.37 Cr |
| Cash & Equivalents | ₹1.37 Cr | ₹43 Lakh | ₹5.89 Cr | ₹19.77 Cr |
| Equity (Net Worth) | -₹749.89 Cr | -₹1,303 Cr | -₹1,674.24 Cr | -₹1,603.47 Cr |
| Equity Share Capital | ₹206.98 Cr | ₹206.98 Cr | ₹206.98 Cr | ₹206.98 Cr |
| Borrowings (Non-current) | ₹742.83 Cr | ₹1,108.25 Cr | ₹622.74 Cr | ₹398.19 Cr |
| Borrowings (Current) | ₹16 Lakh | ₹150.1 Cr | ₹1,311.89 Cr | ₹0 |
| Total Debt (computed) | ₹742.99 Cr | ₹1,258.35 Cr | ₹1,934.63 Cr | ₹398.19 Cr |
| Current Liabilities | ₹7.9 Cr | ₹252.37 Cr | ₹1,377.88 Cr | ₹35.95 Cr |
| Total Liabilities | ₹768.63 Cr | ₹1,360.78 Cr | ₹2,000.62 Cr | ₹1,985 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹5.85 Cr | -₹53.13 Cr | -₹70.02 Cr | ₹84.32 Cr | -₹16.38 Cr |
| Investing Cash Flow | ₹614.21 Cr | ₹428.05 Cr | ₹79.77 Cr | ₹12.52 Cr | ₹458.83 Cr |
| Financing Cash Flow | -₹619.97 Cr | -₹379.29 Cr | -₹5.66 Cr | -₹103.64 Cr | -₹448.13 Cr |
| Capital Expenditure | ₹0 | ₹0 | ₹0 | ₹3.86 Cr | ₹0 |
| Free Cash Flow (computed) | ₹5.85 Cr | -₹53.13 Cr | -₹70.02 Cr | ₹80.46 Cr | -₹16.38 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹9 Lakh | -₹4.37 Cr | ₹4.09 Cr | -₹6.8 Cr | -₹5.68 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹4 Lakh | ₹4,000 | ₹1 Lakh | ₹4.25 Cr | ₹5.19 Cr | ₹5.11 Cr | ₹5.6 Cr | ₹4.59 Cr | ₹4.57 Cr | ₹4.58 Cr | ₹4.55 Cr | ₹2.06 Cr |
| Other Income | ₹1.39 Cr | ₹16.48 Lakh | ₹1 Lakh | ₹47.78 Cr | ₹46.2 Cr | ₹73.29 Cr | ₹173.27 Cr | ₹3 Lakh | ₹2.69 Cr | ₹11 Lakh | ₹36 Lakh | ₹31.2 Cr |
| Total Income | ₹1.43 Cr | ₹16.52 Lakh | ₹2 Lakh | ₹52.03 Cr | ₹51.39 Cr | ₹78.4 Cr | ₹178.87 Cr | ₹4.62 Cr | ₹7.26 Cr | ₹4.69 Cr | ₹4.91 Cr | ₹33.26 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹37 Lakh | ₹50,000 | ₹46 Lakh | ₹1.13 Cr | ₹2.67 Cr | ₹2.24 Cr | ₹1.7 Cr | ₹2.11 Cr | ₹2.53 Cr | ₹1.71 Cr | ₹1.98 Cr | ₹1.39 Cr |
| Finance Costs | ₹10.88 Cr | ₹21.23 Lakh | ₹9.05 Cr | ₹7.57 Cr | ₹12.79 Cr | ₹14.93 Cr | ₹23.3 Cr | ₹25.3 Cr | ₹37.67 Cr | ₹6.26 Cr | ₹45 Lakh | ₹2.57 Cr |
| Depreciation & Amortisation | ₹19 Lakh | ₹19,000 | ₹19 Lakh | ₹19 Lakh | ₹19 Lakh | ₹19 Lakh | ₹19 Lakh | ₹19 Lakh | ₹19 Lakh | ₹19 Lakh | ₹18 Lakh | ₹18 Lakh |
| Other Expenses | ₹77 Lakh | ₹1.66 Lakh | ₹72 Lakh | ₹1.47 Cr | ₹3.75 Cr | ₹2.98 Cr | ₹2.33 Cr | ₹7.77 Cr | ₹4.47 Cr | ₹5.13 Cr | ₹2.5 Cr | ₹2.15 Cr |
| Total Expenses | ₹12.21 Cr | ₹23.58 Lakh | ₹10.42 Cr | ₹10.36 Cr | ₹19.4 Cr | ₹20.34 Cr | ₹27.52 Cr | ₹35.37 Cr | ₹44.86 Cr | ₹13.29 Cr | ₹5.11 Cr | ₹6.29 Cr |
| Profit Before Exceptional Items & Tax | -₹10.78 Cr | -₹7.06 Lakh | -₹10.4 Cr | ₹41.67 Cr | ₹31.99 Cr | ₹58.06 Cr | ₹151.35 Cr | -₹30.75 Cr | -₹37.6 Cr | -₹8.6 Cr | -₹20 Lakh | ₹26.97 Cr |
| Exceptional Items | ₹206.92 Cr | ₹2.24 Cr | ₹107.93 Cr | ₹0 | ₹0 | ₹26 Lakh | -₹15.14 Cr | ₹175.33 Cr | -₹66.99 Cr | -₹46 Lakh | ₹2.27 Cr | ₹13.44 Cr |
| Profit Before Tax | ₹196.14 Cr | ₹2.17 Cr | ₹97.53 Cr | ₹41.67 Cr | ₹31.99 Cr | ₹58.32 Cr | ₹136.21 Cr | ₹144.58 Cr | -₹104.59 Cr | -₹9.06 Cr | ₹2.07 Cr | ₹40.41 Cr |
| Total Tax Expense | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | -₹83 Lakh | ₹0 |
| Net Profit | ₹196.14 Cr | ₹2.17 Cr | ₹97.53 Cr | ₹41.67 Cr | ₹31.99 Cr | ₹58.32 Cr | ₹136.21 Cr | ₹144.58 Cr | -₹104.59 Cr | -₹9.06 Cr | ₹2.9 Cr | ₹40.41 Cr |
| Other Comprehensive Income | ₹0 | ₹0 | ₹39 Lakh | ₹0 | -₹3 Lakh | ₹7 Lakh | ₹3 Lakh | -₹10 Lakh | ₹6 Lakh | -₹15 Lakh | -₹39 Lakh | ₹8 Lakh |
| Total Comprehensive Income | ₹196.14 Cr | ₹2.17 Cr | ₹97.92 Cr | ₹41.67 Cr | ₹31.96 Cr | ₹58.39 Cr | ₹136.24 Cr | ₹144.48 Cr | -₹104.53 Cr | -₹9.21 Cr | ₹2.51 Cr | ₹40.49 Cr |
| EBITDA (computed) | ₹29 Lakh | ₹14.36 Lakh | -₹1.16 Cr | ₹49.43 Cr | ₹44.97 Cr | ₹73.18 Cr | ₹174.84 Cr | -₹5.26 Cr | ₹26 Lakh | -₹2.15 Cr | ₹43 Lakh | ₹29.72 Cr |
| Basic EPS | ₹-0.52 | ₹10.50 | ₹-0.50 | ₹2.01 | ₹1.55 | ₹2.82 | ₹7.31 | ₹-1.49 | ₹-1.82 | ₹-0.42 | ₹0.03 | ₹1.30 |
| Diluted EPS | ₹-0.52 | ₹10.50 | ₹-0.50 | ₹2.01 | ₹1.55 | ₹2.82 | ₹7.31 | ₹-1.49 | ₹-1.82 | ₹-0.42 | ₹0.03 | ₹1.30 |
Shareholding Pattern of Essar Shipping Limited.
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 73.75%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.02%, retail and other public shareholders hold 26.22% of Essar Shipping Limited.. The company had 128,307 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 73.75% | 73.75% | 73.75% | 73.75% | 73.75% | 73.75% |
| Public | 26.25% | 26.25% | 26.25% | 26.25% | 26.25% | 26.25% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 73.75% | 73.75% | 73.75% | 74.37% | 74.37% | 74.37% | 74.37% | 74.37% | 74.37% | 74.37% | 74.37% |
| Public | 26.25% | 26.25% | 26.25% | 25.63% | 25.63% | 25.63% | 25.63% | 25.63% | 25.63% | 24.86% | 24.79% |
| Employee Trusts | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.78% | 0.84% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | -0.62 | +0.00 | +0.00 | +0.00 | +0.00 | +0.00 | +0.00 | +0.00 | - |
Board & Governance of Essar Shipping Limited.
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Essar Shipping Limited. has 7 directors - 3 independent and 2 executive. The board is chaired by Suresh Ramamirtham.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Rajesh Desai | Executive Director | 2020-09-30 | 1 |
| Jayakumar | Non-Executive - Independent Director | 2021-08-31 | 1 |
| Suresh Ramamirtham | Non-Executive - Independent Director · Chairperson | 2021-08-31 | 1 |
| Sunil Modak | Non-Executive - Independent Director | 2022-09-08 | 1 |
| Vipin Jain | Executive Director | 2024-05-28 | 1 |
| Ketan Kantibhai Shah | Non-Executive - Non Independent Director | 2025-09-26 | 1 |
| Raichael Mathew | Non-Executive - Non Independent Director | 2022-09-08 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Suresh Ramamirtham (Chairperson), Sunil Modak, Rajesh Desai |
| Nomination and remuneration committee | Sunil Modak (Chairperson), Suresh Ramamirtham, Raichael Mathew |
| Stakeholders Relationship Committee | Sunil Modak (Chairperson), Raichael Mathew, Rajesh Desai |
| Corporate Social Responsibility Committee | Sunil Modak (Chairperson), Raichael Mathew, Rajesh Desai |
| Share Transfer Committee | Sunil Modak (Chairperson), Rajesh Desai, Raichael Mathew |
Group Structure of Essar Shipping Limited.
Essar Shipping Limited. has 2 subsidiary companies and 1 associated company. This group structure data is as of FY 2020. The corporate group structure reflects Essar Shipping Limited.'s business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Starbit Oilfields Services India Limited | U11200MH2016PLC280188 | - |
| Ogd Services Limited | U93090MH2006PLC163779 | - |
Showing major subsidiaries. Total: 2.
Charges & Borrowings of Essar Shipping Limited.
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Dec 2023 | Others | ₹320 Cr | Open |
| 31 May 2023 | Others | ₹306 Cr | Open |
| 04 Dec 2013 | Yes Bank Limited | ₹70 Cr | Open |
| 03 Sep 2011 | Loans and Agency Uk and Europe | ₹1,159.2 Cr | Open |
| 08 Dec 2020 | Others | ₹90 Cr | Satisfied |
Total charge records: 23 View all charges
Employees and EPFO Compliance at Essar Shipping Limited.
View historical data on people associated with Essar Shipping Limited., including employment history and EPFO contributions.
Employee and EPFO history for Essar Shipping Limited.
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Essar Shipping Limited.
GST registrations and filing compliance for Essar Shipping Limited.
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Credit Ratings, Litigation & Regulatory Alerts for Essar Shipping Limited.
Credit ratings, litigation, and regulatory alerts for Essar Shipping Limited.
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MSME Payment Delays by Essar Shipping Limited.
MSME payment history for Essar Shipping Limited.
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Subsidiaries & Group Companies of Essar Shipping Limited.
Corporate group structure for Essar Shipping Limited.
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MCA Filings & Documents of Essar Shipping Limited.
MCA filings and documents for Essar Shipping Limited.
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Recent Activity on Essar Shipping Limited.
Recent News on Essar Shipping Limited.
Frequently Asked Questions about Essar Shipping Limited.
Essar Shipping Limited. is an active public limited company in the transport and logistics sector based in Khambhalia, Gujarat, India. It was incorporated on 16 April 2010 (16+ years old) and is registered under CIN L61200GJ2010PLC060285. Listed on BSE: 533704 and NSE: ESSARSHPNG.
Essar Shipping Limited. reported revenue of ₹1.78 Cr for FY 2026 (down 82.65% YoY) based on consolidated NSE filings.
The current directors of Essar Shipping Limited. are:
- Rajesh Dhirubhai Desai - Director
- Suresh Ramamirtham - Director
- Jayakumar - Director
- Ketan Kantibhai Shah - Director
- Sunil Bhargav Modak - Director
- Raichel Mathew - Director
- Vipin Jain - Whole-Time Director
The primary industry of Essar Shipping Limited. is transport and logistics. The company specifically operates in shipping and maritime services. The company is currently active in this sector.
Yes. Essar Shipping Limited. is listed on both BSE (code: 533704) and NSE (symbol: ESSARSHPNG).
Essar Shipping Limited. can be reached at the registered office: Ebtsl Premises Er – 2 BuildingAdmn. BuildingSalaya 44 Km P.B. No 7Taluka Khambhalia Devbhu, Mi Dwarka, Gujarat, India – 361305, or through the website essar.com.