The Great Eastern Shipping Company Limited
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 … Read more
The Great Eastern Shipping Company Limited (GESHIP) - Net Assets
Latest net assets as of September 2025: ₹152.25 Billion INR
Based on the latest financial reports, The Great Eastern Shipping Company Limited (GESHIP) has net assets worth ₹152.25 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹177.43 Billion) and total liabilities (₹25.18 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹152.25 Billion |
| % of Total Assets | 85.81% |
| Annual Growth Rate | 9.82% |
| 5-Year Change | 85.07% |
| 10-Year Change | 117.25% |
| Growth Volatility | 11.94 |
The Great Eastern Shipping Company Limited - Net Assets Trend (2005–2025)
This chart illustrates how The Great Eastern Shipping Company Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for The Great Eastern Shipping Company Limited (2005–2025)
The table below shows the annual net assets of The Great Eastern Shipping Company Limited from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹142.59 Billion | +15.02% |
| 2024-03-31 | ₹123.97 Billion | +20.65% |
| 2023-03-31 | ₹102.75 Billion | +27.62% |
| 2022-03-31 | ₹80.51 Billion | +4.50% |
| 2021-03-31 | ₹77.05 Billion | +13.38% |
| 2020-03-31 | ₹67.96 Billion | -0.21% |
| 2019-03-31 | ₹68.10 Billion | -1.70% |
| 2018-03-31 | ₹69.28 Billion | -4.09% |
| 2017-03-31 | ₹72.23 Billion | +10.05% |
| 2016-03-31 | ₹65.63 Billion | -11.67% |
| 2015-03-31 | ₹74.31 Billion | +9.71% |
| 2014-03-31 | ₹67.73 Billion | +6.80% |
| 2013-03-31 | ₹63.42 Billion | +5.04% |
| 2012-03-31 | ₹60.37 Billion | -0.51% |
| 2011-03-31 | ₹60.68 Billion | +6.28% |
| 2010-03-31 | ₹57.10 Billion | +9.13% |
| 2009-03-31 | ₹52.32 Billion | +20.79% |
| 2008-03-31 | ₹43.32 Billion | +38.57% |
| 2007-03-31 | ₹31.26 Billion | +29.08% |
| 2006-03-31 | ₹24.22 Billion | +10.66% |
| 2005-03-31 | ₹21.88 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to The Great Eastern Shipping Company Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 7813730000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹78.14 Billion | 54.80% |
| Common Stock | ₹1.43 Billion | 1.00% |
| Other Comprehensive Income | ₹62.28 Billion | 43.68% |
| Other Components | ₹747.60 Million | 0.52% |
| Total Equity | ₹142.59 Billion | 100.00% |
The Great Eastern Shipping Company Limited Competitors by Market Cap
The table below lists competitors of The Great Eastern Shipping Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mycronic AB
LSE:0MQG
|
$1.63 Billion |
|
Energean plc
PINK:EERGF
|
$1.63 Billion |
|
Vericel Corp Ord
NASDAQ:VCEL
|
$1.63 Billion |
|
Viet Nam International Commercial Joint Stock Bank
VN:VIB
|
$1.63 Billion |
|
Zhewen Interactive Group Co Ltd
SHG:600986
|
$1.63 Billion |
|
Schneider National Inc
NYSE:SNDR
|
$1.63 Billion |
|
Bestway Marine & Energy Technology Co Ltd
SHE:300008
|
$1.63 Billion |
|
Tata Elxsi Limited
NSE:TATAELXSI
|
$1.63 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in The Great Eastern Shipping Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 123,974,500,000 to 142,591,600,000, a change of 18,617,100,000 (15.0%).
- Net income of 23,442,600,000 contributed positively to equity growth.
- Dividend payments of 5,011,100,000 reduced retained earnings.
- Other comprehensive income increased equity by 3,432,900,000.
- Other factors decreased equity by 3,247,300,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹23.44 Billion | +16.44% |
| Dividends Paid | ₹5.01 Billion | -3.51% |
| Other Comprehensive Income | ₹3.43 Billion | +2.41% |
| Other Changes | ₹-3.25 Billion | -2.28% |
| Total Change | ₹- | 15.02% |
Book Value vs Market Value Analysis
This analysis compares The Great Eastern Shipping Company Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.43x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 9.93x to 1.43x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | ₹143.62 | ₹1426.40 | x |
| 2006-03-31 | ₹158.95 | ₹1426.40 | x |
| 2007-03-31 | ₹205.29 | ₹1426.40 | x |
| 2008-03-31 | ₹282.13 | ₹1426.40 | x |
| 2009-03-31 | ₹342.88 | ₹1426.40 | x |
| 2010-03-31 | ₹374.13 | ₹1426.40 | x |
| 2011-03-31 | ₹395.15 | ₹1426.40 | x |
| 2012-03-31 | ₹392.96 | ₹1426.40 | x |
| 2013-03-31 | ₹415.54 | ₹1426.40 | x |
| 2014-03-31 | ₹445.98 | ₹1426.40 | x |
| 2015-03-31 | ₹491.86 | ₹1426.40 | x |
| 2016-03-31 | ₹434.46 | ₹1426.40 | x |
| 2017-03-31 | ₹478.16 | ₹1426.40 | x |
| 2018-03-31 | ₹459.47 | ₹1426.40 | x |
| 2019-03-31 | ₹450.78 | ₹1426.40 | x |
| 2020-03-31 | ₹456.39 | ₹1426.40 | x |
| 2021-03-31 | ₹523.21 | ₹1426.40 | x |
| 2022-03-31 | ₹548.66 | ₹1426.40 | x |
| 2023-03-31 | ₹718.28 | ₹1426.40 | x |
| 2024-03-31 | ₹866.60 | ₹1426.40 | x |
| 2025-03-31 | ₹996.75 | ₹1426.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently The Great Eastern Shipping Company Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 16.44%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 44.04%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.24x
- Recent ROE (16.44%) is above the historical average (15.30%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 38.32% | 38.85% | 0.46x | 2.14x | ₹6.19 Billion |
| 2006 | 35.17% | 35.73% | 0.51x | 1.92x | ₹6.09 Billion |
| 2007 | 29.20% | 39.65% | 0.40x | 1.83x | ₹6.00 Billion |
| 2008 | 33.55% | 40.20% | 0.48x | 1.75x | ₹10.20 Billion |
| 2009 | 26.91% | 34.13% | 0.39x | 2.03x | ₹8.84 Billion |
| 2010 | 8.98% | 16.67% | 0.26x | 2.08x | ₹-582.17 Million |
| 2011 | 7.77% | 18.13% | 0.20x | 2.10x | ₹-1.34 Billion |
| 2012 | 5.28% | 10.71% | 0.22x | 2.28x | ₹-2.83 Billion |
| 2013 | 8.48% | 17.89% | 0.21x | 2.28x | ₹-964.16 Million |
| 2014 | 8.47% | 18.56% | 0.22x | 2.12x | ₹-1.03 Billion |
| 2015 | 10.07% | 21.76% | 0.22x | 2.09x | ₹51.78 Million |
| 2016 | 16.71% | 28.81% | 0.27x | 2.12x | ₹4.41 Billion |
| 2017 | 10.45% | 24.22% | 0.20x | 2.13x | ₹326.27 Million |
| 2018 | -3.04% | -6.93% | 0.21x | 2.12x | ₹-9.03 Billion |
| 2019 | -0.31% | -0.60% | 0.25x | 2.11x | ₹-7.02 Billion |
| 2020 | 3.05% | 5.62% | 0.27x | 2.04x | ₹-4.72 Billion |
| 2021 | 11.92% | 27.53% | 0.24x | 1.84x | ₹1.48 Billion |
| 2022 | 7.82% | 18.14% | 0.25x | 1.73x | ₹-1.75 Billion |
| 2023 | 25.06% | 45.25% | 0.37x | 1.48x | ₹15.47 Billion |
| 2024 | 21.09% | 49.74% | 0.31x | 1.36x | ₹13.74 Billion |
| 2025 | 16.44% | 44.04% | 0.30x | 1.24x | ₹9.18 Billion |
Industry Comparison
This section compares The Great Eastern Shipping Company Limited's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $32,844,882,250
- Average return on equity (ROE) among peers: 13.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| The Great Eastern Shipping Company Limited (GESHIP) | ₹152.25 Billion | 38.32% | 0.17x | $1.63 Billion |
| Adani Ports and Special Economic Zone Limited (ADANIPORTS) | $65.39 Billion | 23.52% | 2.22x | $12.97 Billion |
| Essar Shipping Limited (ESSARSHPNG) | $33.33 Billion | -16.51% | 2.05x | $15.09 Million |
| Gujarat Pipavav Port Limited (GPPL) | $23.11 Billion | 13.55% | 0.24x | $475.75 Million |
| JSW Infrastructure Limited (JSWINFRA) | $104.89 Billion | 14.33% | 0.61x | $798.47 Million |
| Knowledge Marine & Engineering Works Limited (KMEW) | $1.70 Billion | 18.01% | 0.52x | $154.38 Million |
| Shipping Corporation Of India Limited (SCI) | $23.97 Billion | 26.16% | 1.11x | $488.30 Million |
| Seamec Limited (SEAMECLTD) | $2.38 Billion | 24.65% | 0.16x | $86.84 Million |
| Transworld Shipping Lines Limited (TRANSWORLD) | $8.00 Billion | 4.24% | 0.50x | $9.41 Million |