- Total income
- ₹6,157 Cr
- Profit
- ₹2,344 Cr

About The Great Eastern Shipping Company Limited
Data last updated:
The Great Eastern Shipping Company Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 03 August 1948 and has been in existence for over 78 years.
The Great Eastern Shipping Company is ranked #384 on the Fortune India 500 (2025). It is part of the Nifty 500 and BSE 500 indices.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L35110MH1948PLC006472. Its GSTIN is 27AAACT1565C1ZN (Maharashtra). The company holds 2 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on BSE: 500620 and NSE: GESHIP.
The company has an authorised share capital of ₹500 Cr and a paid-up capital of ₹142.77 Cr. It is led by directors including Bharat Kanaiyalal Sheth (Managing Director) and Shivakumar Gomathinayagam (Whole-Time Director).
Its last annual general meeting (AGM) was held on 01 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Ocean House134/A Dr Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹5,409.09 Cr, a growth of 1.6% compared to the previous year. For the same year it recorded a net profit of ₹2,486.18 Cr (net margin 46%) and EBITDA of ₹3,147.88 Cr (EBITDA margin 58.2%). The net worth stands at ₹16,962 Cr (up 19% YoY). Total assets are valued at ₹18,326 Cr (up 9.7% YoY).
The company has about 846 employees on its provident fund (EPFO) records. Its group structure includes 5 subsidiaries.
The company is associated with 1 brand: Great Eastern Ship. As per MCA filings, the company has open charges of ₹2,688.48 Cr and satisfied charges of ₹8,956.05 Cr on record. Court records list 200 cases involving the company, including 74 filed by the company and 126 filed against it; 18 cases are pending. The company has 20 deals on record (18 market trades, 1 secondary share transfer, 1 funding round), with disclosed funding of ₹173.22 Cr; the latest was in May 2026. The company has 83 MSME Form 1 returns on record between 2014 and 2024, listing 24,431 overdue payments to 172 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website greatship.com.
Company details
CIN history
The Great Eastern Shipping Company has one previous CIN (Corporate Identification Number): U35110MH1948PTC006472. The current CIN is L35110MH1948PLC006472, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L35110MH1948PLC006472 | Current |
| U35110MH1948PTC006472 | Previous |
Recognitions & Rankings of The Great Eastern Shipping Company
- Valuation
- ₹15,810 Cr
Contact details
The Great Eastern Shipping Company Limited's registered office is in Mumbai, Maharashtra. Its website is greatship.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOcean House134/A Dr Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018
- IndustryTransport and Logistics, Shipping & Maritime Services
To see the full contact details of The Great Eastern Shipping Company Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
The Great Eastern Shipping Company operates one associated brand: Great Eastern Ship. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Marine transportation and freight forwarding services are provided globally. | greatship.com |
Business activity
The main business activity of The Great Eastern Shipping Company is transport and storage. In detail, this covers water transport.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H3 | Water transport |
To see the full business activity and turnover split of The Great Eastern Shipping Company Limited, buy the company report.
Financials of The Great Eastern Shipping Company Limited
FY 2025-26 filings availableThe Great Eastern Shipping Company Limited reported revenue of ₹5,409.09 Cr (up 1.6% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 5,409 | 5,323 | 5,255 | 5,690 | 3,509 | 3,337 | 3,687 |
| Revenue growth | +1.6% | +1.3% | -7.7% | +62.2% | +5.2% | -9.5% | - |
| EBITDA | 3,148 | 2,677 | 3,022 | 3,128 | 1,528 | 1,653 | 1,217 |
| EBITDA margin | +58.2% | +50.3% | +57.5% | +55.0% | +43.5% | +49.6% | +33.0% |
| Profit before tax | 3,026 | 2,462 | 2,694 | 2,554 | 620 | 943 | 235 |
| Net profit | 2,486 | 1,830 | 2,382 | 2,459 | 591 | 835 | 86.36 |
| Net profit margin | +46.0% | +34.4% | +45.3% | +43.2% | +16.8% | +25.0% | +2.3% |
| EPS (₹) | 206.10 | 164.20 | 183.10 | 180.36 | 44.10 | 62.50 | 14.09 |
| Balance sheet | |||||||
| Total assets | 18,326 | 16,710 | 15,766 | 14,230 | 13,022 | 13,217 | 12,911 |
| Net worth | 16,962 | 14,259 | 12,397 | 10,275 | 8,051 | 7,704 | 6,796 |
| Total debt | 1,087 | 2,163 | 3,048 | 3,649 | 4,655 | 5,047 | 5,295 |
| Cash & bank | 5,511 | 5,726 | 4,891 | 3,799 | 2,837 | 2,749 | 2,492 |
| Net working capital | 6,453 | 6,089 | 5,292 | 4,161 | 2,960 | 2,758 | 2,628 |
| Cash flow | |||||||
| Cash from operations | 2,854 | 2,647 | 2,808 | 2,975 | 1,323 | 1,534 | 1,481 |
| Cash from investing | (860) | (148) | (868) | 38.76 | (337) | (882) | 622 |
| Cash from financing | (1,769) | (1,675) | (1,330) | (1,893) | (1,189) | (505) | (1,872) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,005 | 1,511 | 1,454 | 1,242 | 1,201 | 1,223 | 1,237 | 1,354 |
| Revenue growth (YoY) | +66.9% | +23.6% | +17.6% | -8.3% | -20.3% | - | - | - |
| Other income | 281 | 346 | 282 | 140 | 135 | 150 | 264 | 225 |
| EBITDA | 1,338 | 941 | 836 | 728 | 643 | 502 | 611 | 654 |
| EBITDA margin | +66.7% | +62.3% | +57.5% | +58.6% | +53.5% | +41.0% | +49.4% | +48.3% |
| Depreciation | 234 | 222 | 246 | 224 | 197 | 205 | 205 | 206 |
| Interest | 19.94 | 22.90 | 24.95 | 43.64 | 44.87 | 50.65 | 61.46 | 63.71 |
| Profit before tax | 1,365 | 1,043 | 847 | 601 | 536 | 396 | 608 | 610 |
| Tax | 55.94 | (1.48) | 34.02 | 19.27 | 31.46 | 32.78 | 14.44 | 34.18 |
| Net profit | 1,309 | 1,044 | 813 | 581 | 504 | 363 | 594 | 576 |
| EPS (₹) | 91.49 | 72.98 | 56.80 | 40.64 | 35.27 | 25.38 | 41.50 | 40.23 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 3,659 | 3,830 | 4,165 | 4,835 | 2,832 | 2,674 | 2,871 |
| Revenue growth | -4.5% | -8.1% | -13.9% | +70.7% | +5.9% | -6.9% | - |
| EBITDA | 2,364 | 2,073 | 2,491 | 2,837 | 1,408 | 1,513 | 894 |
| EBITDA margin | +64.6% | +54.1% | +59.8% | +58.7% | +49.7% | +56.6% | +31.1% |
| Profit before tax | 2,426 | 2,262 | 2,397 | 2,389 | 831 | 1,066 | 320 |
| Net profit | 1,819 | 1,494 | 2,085 | 2,237 | 765 | 947 | 175 |
| Net profit margin | +49.7% | +39.0% | +50.1% | +46.3% | +27.0% | +35.4% | +6.1% |
| EPS (₹) | 165.05 | 151.73 | 162.24 | 164.74 | 56.85 | 70.09 | 19.10 |
| Balance sheet | |||||||
| Total assets | 15,233 | 13,758 | 12,869 | 11,328 | 10,292 | 10,240 | 9,420 |
| Net worth | 13,930 | 11,993 | 10,346 | 8,520 | 6,571 | 6,098 | 5,067 |
| Total debt | 1,050 | 1,499 | 2,230 | 2,536 | 3,434 | 3,721 | 3,602 |
| Cash & bank | 3,744 | 4,419 | 3,885 | 2,915 | 2,036 | 1,849 | 1,403 |
| Net working capital | 4,399 | 4,521 | 4,067 | 3,069 | 2,062 | 1,768 | 1,468 |
| Cash flow | |||||||
| Cash from operations | 2,037 | 2,209 | 2,372 | 2,699 | 1,153 | 1,344 | 1,142 |
| Cash from investing | (834) | (70.46) | (887) | 125 | (521) | (977) | 696 |
| Cash from financing | (1,054) | (1,442) | (973) | (1,623) | (983) | (102) | (1,411) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,554 | 1,041 | 963 | 853 | 803 | 787 | 878 | 1,011 |
| Revenue growth (YoY) | +93.6% | +32.3% | +9.6% | -15.6% | -30.4% | - | - | - |
| Other income | 265 | 291 | 259 | 96.79 | 114 | 136 | 348 | 242 |
| Total expenses | 439 | 314 | 348 | 289 | 344 | 473 | 352 | 483 |
| EBITDA | 1,114 | 727 | 615 | 564 | 459 | 314 | 527 | 528 |
| EBITDA margin | +71.7% | +69.8% | +63.8% | +66.1% | +57.2% | +39.8% | +60.0% | +52.2% |
| Depreciation | 166 | 149 | 171 | 149 | 125 | 134 | 133 | 133 |
| Interest | 19.28 | 22.23 | 24.56 | 27.13 | 30.82 | 35.10 | 44.39 | 44.22 |
| Profit before tax | 1,195 | 846 | 678 | 484 | 417 | 281 | 698 | 592 |
| Tax | 37.55 | (8.63) | 24.84 | 24.61 | 28.84 | 26.77 | 19.60 | 27.38 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,005 | 1,511 | 1,454 | 1,242 | 1,201 | 1,223 | 1,237 | 1,354 |
| Revenue growth (YoY) | +66.9% | +23.6% | +17.6% | -8.3% | -20.3% | - | - | - |
| Other income | 281 | 346 | 282 | 140 | 135 | 150 | 264 | 225 |
| EBITDA | 1,338 | 941 | 836 | 728 | 643 | 502 | 611 | 654 |
| EBITDA margin | +66.7% | +62.3% | +57.5% | +58.6% | +53.5% | +41.0% | +49.4% | +48.3% |
| Depreciation | 234 | 222 | 246 | 224 | 197 | 205 | 205 | 206 |
| Interest | 19.94 | 22.90 | 24.95 | 43.64 | 44.87 | 50.65 | 61.46 | 63.71 |
| Profit before tax | 1,365 | 1,043 | 847 | 601 | 536 | 396 | 608 | 610 |
| Tax | 55.94 | (1.48) | 34.02 | 19.27 | 31.46 | 32.78 | 14.44 | 34.18 |
| Net profit | 1,309 | 1,044 | 813 | 581 | 504 | 363 | 594 | 576 |
| EPS (₹) | 91.49 | 72.98 | 56.80 | 40.64 | 35.27 | 25.38 | 41.50 | 40.23 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 5,409 | 5,323 | 5,255 | 5,690 | 3,509 | 3,337 | 3,687 |
| Revenue growth | +1.6% | +1.3% | -7.7% | +62.2% | +5.2% | -9.5% | - |
| Other income | 903 | 834 | 664 | 481 | 160 | 232 | 211 |
| Total expenses | 2,261 | 2,646 | 2,234 | 2,563 | 1,981 | 1,683 | 2,470 |
| Employee cost | 932 | 944 | 886 | 765 | 708 | 699 | 693 |
| EBITDA | 3,148 | 2,677 | 3,022 | 3,128 | 1,528 | 1,653 | 1,217 |
| EBITDA margin | +58.2% | +50.3% | +57.5% | +55.0% | +43.5% | +49.6% | +33.0% |
| Depreciation | 889 | 813 | 726 | 712 | 698 | 700 | 743 |
| Interest | 136 | 236 | 265 | 343 | 370 | 242 | 450 |
| Profit before tax | 3,026 | 2,462 | 2,694 | 2,554 | 620 | 943 | 235 |
| Tax | 83.27 | 117 | 80.20 | (21.47) | (10.00) | 24.16 | 27.89 |
| Net profit | 2,486 | 1,830 | 2,382 | 2,459 | 591 | 835 | 86.36 |
| Net profit margin | +46.0% | +34.4% | +45.3% | +43.2% | +16.8% | +25.0% | +2.3% |
| EPS (₹) | 206.10 | 164.20 | 183.10 | 180.36 | 44.10 | 62.50 | 14.09 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 143 | 143 | 143 | 143 | 143 | 147 | 147 |
| Reserves & surplus | 16,820 | 14,116 | 12,255 | 10,133 | 7,909 | 7,557 | 6,649 |
| Shareholders' funds (net worth) | 16,962 | 14,259 | 12,397 | 10,275 | 8,051 | 7,704 | 6,796 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 450 | 1,111 | 1,738 | 2,078 | 3,036 | 3,076 | 3,245 |
| Unsecured loans | 637 | 1,052 | 1,310 | 1,572 | 1,620 | 1,971 | 2,050 |
| Total debt | 1,087 | 2,163 | 3,048 | 3,649 | 4,655 | 5,047 | 5,295 |
| Total liabilities | 18,326 | 16,710 | 15,766 | 14,230 | 13,022 | 13,217 | 12,911 |
| Assets | |||||||
| Gross block | 16,221 | 14,894 | 14,803 | 14,607 | 14,606 | 14,377 | 14,086 |
| Net block | 9,339 | 8,247 | 8,329 | 8,450 | 8,877 | 9,042 | 9,123 |
| Capital work in progress | 45.70 | 20.58 | 59.21 | 34.75 | 24.28 | 24.46 | 123 |
| Investments | 2,392 | 2,289 | 1,970 | 1,510 | 1,157 | 1,350 | 963 |
| Inventories | 286 | 253 | 247 | 204 | 224 | 209 | 215 |
| Sundry debtors | 639 | 481 | 647 | 577 | 315 | 271 | 346 |
| Cash & bank balances | 5,511 | 5,726 | 4,891 | 3,799 | 2,837 | 2,749 | 2,492 |
| Loans & advances | 936 | 367 | 380 | 406 | 372 | 275 | 321 |
| Total current assets | 7,373 | 6,827 | 6,165 | 4,987 | 3,748 | 3,503 | 3,373 |
| Total current liabilities | 920 | 738 | 873 | 826 | 788 | 745 | 745 |
| Net working capital | 6,453 | 6,089 | 5,292 | 4,161 | 2,960 | 2,758 | 2,628 |
| Total assets | 18,326 | 16,710 | 15,766 | 14,230 | 13,022 | 13,217 | 12,911 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 4,112 | 3,288 | 2,678 | 1,558 | 1,761 | 1,614 | 1,384 |
| Net cash from operating activities | 2,854 | 2,647 | 2,808 | 2,975 | 1,323 | 1,534 | 1,481 |
| Net cash from investing activities | (860) | (148) | (868) | 38.76 | (337) | (882) | 622 |
| Net cash from financing activities | (1,769) | (1,675) | (1,330) | (1,893) | (1,189) | (505) | (1,872) |
| Net change in cash | 225 | 824 | 610 | 1,120 | (203) | 147 | 230 |
| Closing cash | 5,511 | 5,726 | 4,891 | 3,799 | 2,837 | 2,749 | 2,492 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +1.6% | +1.3% | -7.7% | +62.2% | +5.2% | -9.5% | - |
| EBITDA growth | +17.6% | -11.4% | -3.4% | +104.8% | -7.6% | +35.9% | - |
| PBT growth | +22.9% | -8.6% | +5.5% | +312.1% | -34.3% | +301.1% | +457.9% |
| Net income growth | +35.8% | -23.2% | -3.2% | +316.3% | -29.2% | +866.8% | - |
| Revenue CAGR (3Y) | -1.7% | +14.9% | +16.4% | +15.6% | -0.4% | +3.2% | +5.8% |
| EBITDA CAGR (3Y) | +0.2% | +20.6% | +22.3% | +37.0% | +13.2% | +11.3% | -5.3% |
| Profitability & leverage | |||||||
| Net income margin | +54.4% | +44.0% | +49.7% | +45.3% | +18.0% | +27.5% | +5.6% |
| Return on capital employed | +15.5% | +13.6% | +19.7% | +21.3% | +7.5% | +9.1% | +4.2% |
| Return on net worth | +15.9% | +13.7% | +23.1% | +28.1% | +8.0% | +12.7% | +1.3% |
| Debt / equity | 0.10 | 0.20 | 0.30 | 0.45 | 0.62 | 0.71 | 0.83 |
| Long-term debt / equity | 0.07 | 0.15 | 0.24 | 0.38 | 0.53 | 0.64 | 0.71 |
| Interest cover | 6.04 | 12.69 | 11.53 | 14.19 | 44.61 | 25.41 | 94.96 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.35 | 0.36 | 0.36 | 0.39 | 0.24 | 0.23 | 0.26 |
| Inventory turnover | 20.09 | 21.29 | 23.26 | 26.55 | 16.21 | 15.76 | 17.04 |
| Debtors turnover | 9.66 | 9.44 | 8.59 | 12.76 | 11.98 | 10.82 | 11.36 |
| EPS (₹) | 206.10 | 164.20 | 183.10 | 180.36 | 44.10 | 62.50 | 14.09 |
| Dividend per share (₹) | 35.10 | 29.70 | 36.30 | 28.80 | 9.90 | 9.00 | 8.10 |
| Book value per share (₹) | 1,188.10 | 998.75 | 868.35 | 719.71 | 563.94 | 524.21 | 462.38 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,554 | 1,041 | 963 | 853 | 803 | 787 | 878 | 1,011 |
| Revenue growth (YoY) | +93.6% | +32.3% | +9.6% | -15.6% | -30.4% | - | - | - |
| Other income | 265 | 291 | 259 | 96.79 | 114 | 136 | 348 | 242 |
| Total expenses | 439 | 314 | 348 | 289 | 344 | 473 | 352 | 483 |
| EBITDA | 1,114 | 727 | 615 | 564 | 459 | 314 | 527 | 528 |
| EBITDA margin | +71.7% | +69.8% | +63.8% | +66.1% | +57.2% | +39.8% | +60.0% | +52.2% |
| Depreciation | 166 | 149 | 171 | 149 | 125 | 134 | 133 | 133 |
| Interest | 19.28 | 22.23 | 24.56 | 27.13 | 30.82 | 35.10 | 44.39 | 44.22 |
| Profit before tax | 1,195 | 846 | 678 | 484 | 417 | 281 | 698 | 592 |
| Tax | 37.55 | (8.63) | 24.84 | 24.61 | 28.84 | 26.77 | 19.60 | 27.38 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 3,659 | 3,830 | 4,165 | 4,835 | 2,832 | 2,674 | 2,871 |
| Revenue growth | -4.5% | -8.1% | -13.9% | +70.7% | +5.9% | -6.9% | - |
| Other income | 761 | 884 | 559 | 261 | 134 | 219 | 220 |
| Total expenses | 1,295 | 1,756 | 1,674 | 1,998 | 1,424 | 1,161 | 1,977 |
| Employee cost | 0.00 | 0.00 | 585 | 505 | 478 | 458 | 443 |
| EBITDA | 2,364 | 2,073 | 2,491 | 2,837 | 1,408 | 1,513 | 894 |
| EBITDA margin | +64.6% | +54.1% | +59.8% | +58.7% | +49.7% | +56.6% | +31.1% |
| Depreciation | 594 | 527 | 455 | 450 | 436 | 439 | 477 |
| Interest | 105 | 168 | 198 | 259 | 276 | 227 | 318 |
| Profit before tax | 2,426 | 2,262 | 2,397 | 2,389 | 831 | 1,066 | 320 |
| Tax | 69.66 | 96.16 | 80.25 | 36.58 | 18.88 | 35.74 | 38.84 |
| Net profit | 1,819 | 1,494 | 2,085 | 2,237 | 765 | 947 | 175 |
| Net profit margin | +49.7% | +39.0% | +50.1% | +46.3% | +27.0% | +35.4% | +6.1% |
| EPS (₹) | 165.05 | 151.73 | 162.24 | 164.74 | 56.85 | 70.09 | 19.10 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 143 | 143 | 143 | 143 | 143 | 147 | 147 |
| Reserves & surplus | 13,787 | 11,850 | 10,204 | 8,377 | 6,429 | 5,951 | 4,920 |
| Shareholders' funds (net worth) | 13,930 | 11,993 | 10,346 | 8,520 | 6,571 | 6,098 | 5,067 |
| Secured loans | 600 | 600 | 1,079 | 985 | 1,686 | 1,773 | 1,551 |
| Unsecured loans | 450 | 899 | 1,150 | 1,551 | 1,748 | 1,949 | 2,051 |
| Total debt | 1,050 | 1,499 | 2,230 | 2,536 | 3,434 | 3,721 | 3,602 |
| Total liabilities | 15,233 | 13,758 | 12,869 | 11,328 | 10,292 | 10,240 | 9,420 |
| Assets | |||||||
| Gross block | 9,821 | 8,657 | 8,625 | 8,467 | 8,573 | 8,263 | 7,934 |
| Net block | 6,486 | 5,263 | 5,211 | 5,149 | 5,427 | 5,369 | 5,196 |
| Capital work in progress | 42.74 | 15.00 | 38.34 | 27.03 | 23.67 | 24.13 | 109 |
| Investments | 3,827 | 3,734 | 3,316 | 2,958 | 2,706 | 2,977 | 2,557 |
| Inventories | 151 | 129 | 148 | 110 | 139 | 122 | 132 |
| Sundry debtors | 314 | 239 | 438 | 444 | 209 | 152 | 254 |
| Cash & bank balances | 3,744 | 4,419 | 3,885 | 2,915 | 2,036 | 1,849 | 1,403 |
| Loans & advances | 876 | 283 | 294 | 273 | 336 | 227 | 252 |
| Total current assets | 5,086 | 5,070 | 4,765 | 3,741 | 2,721 | 2,349 | 2,041 |
| Total current liabilities | 687 | 549 | 698 | 672 | 659 | 581 | 573 |
| Net working capital | 4,399 | 4,521 | 4,067 | 3,069 | 2,062 | 1,768 | 1,468 |
| Total assets | 15,233 | 13,758 | 12,869 | 11,328 | 10,292 | 10,240 | 9,420 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 3,526 | 2,829 | 2,317 | 1,116 | 1,466 | 1,201 | 773 |
| Net cash from operating activities | 2,037 | 2,209 | 2,372 | 2,699 | 1,153 | 1,344 | 1,142 |
| Net cash from investing activities | (834) | (70.46) | (887) | 125 | (521) | (977) | 696 |
| Net cash from financing activities | (1,054) | (1,442) | (973) | (1,623) | (983) | (102) | (1,411) |
| Net change in cash | 148 | 696 | 512 | 1,201 | (351) | 265 | 428 |
| Closing cash | 3,744 | 4,419 | 3,885 | 2,915 | 2,036 | 1,849 | 1,403 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -4.5% | -8.1% | -13.9% | +70.7% | +5.9% | -6.9% | - |
| EBITDA growth | +14.0% | -16.8% | -12.2% | +101.4% | -6.9% | +69.3% | - |
| PBT growth | +7.2% | -5.6% | +0.3% | +187.6% | -22.1% | +233.6% | +9998.0% |
| Net income growth | +21.8% | -28.4% | -6.8% | +192.5% | -19.3% | +440.6% | - |
| Revenue CAGR (3Y) | -8.9% | +10.6% | +15.9% | +19.0% | +2.2% | +9.1% | +19.0% |
| EBITDA CAGR (3Y) | -5.9% | +13.8% | +18.1% | +47.0% | +32.7% | +21.0% | +6.4% |
| Profitability & leverage | |||||||
| Net income margin | +64.4% | +56.6% | +55.6% | +48.7% | +28.7% | +38.5% | +9.8% |
| Return on capital employed | +13.9% | +13.4% | +19.5% | +24.5% | +10.8% | +13.2% | +5.5% |
| Return on net worth | +14.0% | +13.4% | +22.1% | +31.2% | +12.8% | +18.5% | +3.5% |
| Debt / equity | 0.10 | 0.17 | 0.25 | 0.40 | 0.56 | 0.66 | 0.76 |
| Long-term debt / equity | 0.06 | 0.13 | 0.21 | 0.34 | 0.49 | 0.59 | 0.66 |
| Interest cover | 5.92 | 10.86 | 9.71 | 10.86 | 28.41 | 21.16 | 76.11 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.40 | 0.44 | 0.49 | 0.57 | 0.34 | 0.33 | 0.36 |
| Inventory turnover | 26.13 | 27.67 | 32.26 | 38.78 | 21.71 | 21.08 | 21.46 |
| Debtors turnover | 13.22 | 11.31 | 9.45 | 14.81 | 15.69 | 13.19 | 12.60 |
| EPS (₹) | 165.05 | 151.73 | 162.24 | 164.74 | 56.85 | 70.09 | 19.10 |
| Dividend per share (₹) | 35.10 | 29.70 | 36.30 | 28.80 | 9.90 | 9.00 | 8.10 |
| Book value per share (₹) | 975.67 | 840.01 | 724.69 | 596.78 | 460.28 | 414.91 | 344.77 |
To see the full year-wise statements and ratios of The Great Eastern Shipping Company Limited, buy the company report.
Board of directors of The Great Eastern Shipping Company Limited
The Great Eastern Shipping Company has 12 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ranjit Vasant Pandit Also directs: Just Dial Limited, Reliance Retail Limited, Bombay Footwear Private Limited and 3 more | Director | 01 Jun 2019 | 7 Years 4 Months | Current |
| Thoppil Ninan Ninan | Director | 06 May 2022 | 4 Years 5 Months | Current |
| Uday Shankar | Director | 06 May 2022 | 4 Years 5 Months | Current |
| Shiv Shankar Menon Also directs: The Press Trust of India Limited | Director | 02 Aug 2025 | 1 Years 2 Months | Current |
| Bharat Kanaiyalal Sheth | Managing Director | 01 Apr 2010 | 16 Years 6 Months | Current |
| Shivakumar Gomathinayagam | Whole-Time Director | 12 Aug 2015 | 11 Years 2 Months | Current |
Auditor
The Great Eastern Shipping Company Limited is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS LLP | FY 2023 | 117366W/W-100018 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 30.10%, foreign institutional investors hold 31.00%, domestic institutional investors hold 12.80% and retail and other public shareholders hold 26.10%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 30.10% | 30.10% | 30.10% | 30.10% |
| Public | 69.90% | 69.90% | 69.90% | 69.90% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jan 2021 | 100427266 | Others | ₹150 Cr | Open | |
| 19 Jun 2018 | 100189971 | Others | ₹300 Cr | Open | |
| 14 Oct 2015 | 10604919 | Others | ₹100 Cr | Open | |
| 30 Sep 2009 | 10182105 | Others | ₹250 Cr | Open | |
| 08 Dec 2003 | 90238045 | Il & Fs Trust Company Ltd | ₹95 Cr | Open |
To see the full charge records of The Great Eastern Shipping Company Limited, buy the company report.
Total charge records: 141 View all charges
Deals & funding
The Great Eastern Shipping Company Limited has 20 deals on record (18 market trades, 1 secondary share transfer, 1 funding round), with disclosed funding of ₹173.22 Cr; the latest was in May 2026.
Deals on record (5 of 20)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2026 | Market trade | ₹153.77 Cr | Buyer: NK Securities Research Private Limited Seller: NK Securities Research Private Limited |
| Jul 2024 | Market trade | ₹420.77 Cr | Buyer: Graviton Research Capital LLP , Aakraya Research LLP , Hrti Private Limited Seller: Graviton Research Capital LLP , Aakraya Research LLP , Hrti Private Limited |
| May 2024 | Market trade | ₹209.03 Cr | Buyer: Ghisallo Master Fund Lp Seller: Nalanda India Equity |
| Mar 2017 | Market trade | ₹105.3 Cr | Buyer: Laadki Trading and Investments Limited Seller: an individual |
| May 2015 | Market trade | ₹155.52 Cr | Buyer: Laadki Trading and Investments Limited Seller: an individual |
To see the full deal history of The Great Eastern Shipping Company Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
The Great Eastern Shipping Company Limited has 200 court cases on record: 74 filed by The Great Eastern Shipping Company, 126 filed against it. 18 cases are pending and 182 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 132 | 74 | 14 |
| District courts | 47 | 36 | 3 |
| Supreme Court | 20 | 16 | 0 |
| NCLT | 1 | 0 | 1 |
Cases on record (5 of 200)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1601-Direct Taxation : Income Tax Act, 1961, Wealth Tax Act, 1957, Gift Tax Act, 1958, Excess Profits Tax Act, 1940, Business Profit Tax Act, 1947 [other than matters covered by categories 1602-1605]) | Filed against the company by The Assistant Commissioner of Income Tax Central Circle and 3 others | Disposed |
| NCLT, NCLT Mumbai | Court case (TP (IBC)) | Filed by the company against Patheja Forgings and Auto Parts MFRS Pvt Ltd | Pending |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by Mangalore Refinery and Petrochemicals Ltd. | Pending |
| District court, South East, Delhi | Court case (OMP (COMM.)) | Filed by the company against Indian Oil Corporation Ltd | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Mahindra Lifespace Developers Ltd. and Anr | Pending |
To see the full case history of The Great Eastern Shipping Company Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
The Great Eastern Shipping Company Limited was last rated by Care on 04 Jul 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 04 Jul 2022 |
To see the full credit ratings and regulatory alerts of The Great Eastern Shipping Company Limited, buy the company report.
MSME payment delays
The Great Eastern Shipping Company Limited has 83 MSME Form 1 returns on record between 2014 and 2024, listing 24,431 overdue payments to 172 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 172)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Marks Marine Radio Private Limited | |||
| Ugteck Marine Private Limited | |||
| Meeres Master Systems Private Limited | |||
| an individual supplier | |||
| Amar Marine Enterprises |
To see the full MSME payment records of The Great Eastern Shipping Company Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
The Great Eastern Shipping Company has 5 subsidiary companies. This group structure data is as of FY 2025. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Great Eastern Services Limited | U61100MH2020PLC340929 | |
| Greatship (India ) Limited | U63090MH2002PLC136326 | |
| Geshipping (Ifsc) Limited | U64990GJ2024PLC151177 | |
| Greatship Oilfield Services Limited | U74900MH2015PLC266483 | |
| Great Eastern Foundation | U85300MH2015NPL262266 |
To see the full group structure of The Great Eastern Shipping Company Limited, buy the company report.
Employees & EPFO
The Great Eastern Shipping Company Limited has a workforce of 846 employees on its EPFO records as of Oct 10, 2025, across 1 active EPFO establishment.
GST
The Great Eastern Shipping Company has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACT1565C1ZN | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of The Great Eastern Shipping Company Limited, buy the company report.
Recent activity
The Great Eastern Shipping Company Limited has 41 board changes on record since 1970: 27 appointments and 14 cessations. The latest: Kanaiyalal Maneklal Sheth ceased to be Director on 09 Nov 2025.
310 earlier events are in the company report.
News
Frequently asked questions
The Great Eastern Shipping Company is an active public limited company based in Mumbai, Maharashtra, India. The company works in shipping and maritime services, within the transport and logistics industry. It was incorporated on 03 August 1948 (78+ years old) and is registered under CIN L35110MH1948PLC006472. Listed on BSE: 500620 and NSE: GESHIP.
The Great Eastern Shipping Company reported revenue of ₹5,409.09 Cr for FY 2025-26 (up 1.6% YoY) based on consolidated financials.
The Great Eastern Shipping Company has 12 current directors:
- Bharat Kanaiyalal Sheth - Managing Director
- Shivakumar Gomathinayagam - Whole-Time Director
- Ranjit Vasant Pandit - Director
- Thoppil Ninan Ninan - Director
- Uday Shankar - Director
- Shiv Shankar Menon - Director
- Ravi Kanaiyalal Sheth - Director
- Raju Shukla - Director
- Amitabh Kumar - Director
- Kalpana Jaisingh Morparia - Director
- Bhavna Gautam Doshi - Director
- Keki Minoo Mistry - Director
The latest financial statements of The Great Eastern Shipping Company on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 01 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of The Great Eastern Shipping Company is 27AAACT1565C1ZN, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of The Great Eastern Shipping Company is L35110MH1948PLC006472. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. The Great Eastern Shipping Company is a listed company as per MCA records. Its shares are listed on both BSE (code: 500620) and NSE (symbol: GESHIP).
The Great Eastern Shipping Company has 200 court cases on record: 74 filed by the company and 126 filed against it. 18 are pending. Most are in the high courts.
The Great Eastern Shipping Company was incorporated on 03 August 1948, making it 78+ years old. It is registered with the Registrar of Companies, Mumbai.
The Great Eastern Shipping Company has 20 deals on record (18 market trades, 1 secondary share transfer, 1 funding round), with disclosed funding of ₹173.22 Cr; the latest was in May 2026.
Kanaiyalal Maneklal Sheth ceased to be Director on 09 Nov 2025. Shiv Shankar Menon was appointed as Director on 02 Aug 2025. Shankar Nath Acharya ceased to be Director on 05 Feb 2025. The Great Eastern Shipping Company has 41 board changes on record in total.