We enclose herewith Investor Presentation pertaining to the Financial Results for the quarter and year ended March 31, 2026.
GESHIP · price
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Great Eastern Shipping reported record-breaking Q4 FY26 and full year FY26 results with consolidated net profit of INR 1,044 crore (Q4) and INR 2,943 crore (FY26), both highest ever. Standalone net profit also hit record INR 855 crore (Q4) and INR 2,356 crore (FY26). Revenue grew to INR 6,312 crore (consolidated) for FY26. The company operates 39 vessels (24 tankers, 15 dry bulk carriers) plus 23 offshore assets through subsidiary GIL. Strong freight rates drove outperformance across segments - Suezmax earnings rose 92% YoY, Capesize up 22% YoY, and VLGC up 61% YoY. The company declared INR 11.70/share dividend (17th consecutive quarterly dividend). Gross Debt/Equity is healthy at 0.11x with net cash position of USD 516 million.
Strong financial performance with record profits, improving freight rates across all segments, and a healthy balance sheet with net cash position. The stock is trading at INR 1,485/share with ROE of 21% (Q4 FY26). Consistent dividend payouts and low leverage make this an attractive shipping sector holding.