Essar Shipping quarterly results and financials

Essar Shipping (ESSARSHPNG)₹16.61+0.91%(9 Nov 2026 close)Shipping

Key facts

In the Jun 2026 quarter (consolidated), Essar Shipping reported sales of ₹0 Cr, down 100.0% from Jun 2025, and net profit of ₹230 Cr, up 752.3% year on year. For the year to Mar 2026, sales were ₹1.99 Cr and net profit −₹112 Cr.

Sales (Jun 2026): ₹0 Cr
Net profit (Jun 2026): ₹230 Cr
Sales (FY Mar 2026): ₹1.99 Cr
Net profit (FY Mar 2026): −₹112 Cr
EPS (Jun 2026): ₹11.14
Borrowings (Mar 2026): ₹1,614 Cr

Company filings, consolidated accounts; latest reported quarter Jun 2026

Essar Shipping quarterly results

₹ crore unless stated; each column is a quarter.

Essar Shipping Quarterly results
	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	11.96	2.99	2.99	2.99	148	2.99	−142	1.99	0.00	0.00	0.00	0.00
Expenses	24.97	18.98	33.96	6.99	154	10.99	−113	5.99	2.99	4.99	3.99	2.99
Operating Profit	−13.05	−17.06	−32.12	−4.02	−6.02	−8.04	−30.10	−5.02	−3.01	−4.02	−4.01	−3.01
OPM %	−113.1%	−641.0%	−1,248.0%	−175.0%	−4.4%	−267.1%	—	−279.1%	−31,800.1%	−11,175.0%	−9,050.1%	−7,475.0%
Other Income	−3.01	2.01	23.02	−1.01	677	69.97	63.99	47.98	5.99	−49.98	−3.99	258
Interest	10.02	16.04	45.17	29.09	28.11	23.07	21.06	16.06	18.05	33.09	28.07	25.08
Depreciation	11.02	11.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	−37.13	−41.09	−53.14	−35.08	644	39.10	13.05	27.06	−16.06	−88.21	−36.11	231
Tax %	−2.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Exceptional items	−3.01	−5.01	12.04	−10.03	576	1.01	5.02	0.00	6.02	−67.25	−36.12	259
Net Profit	−35.95	−40.97	−52.98	−34.95	641	39.97	12.99	26.98	−15.97	−87.90	−35.95	230
EPS (Rs)	−1.73	−2.13	−3.10	−1.70	31.05	1.91	0.61	1.31	−0.75	−4.27	−1.73	11.14

Essar Shipping profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Essar Shipping Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	1,715	2,185	1,203	1,304	1,338	470	327	60.72	19.92	9.96	1.99	0.00
Expenses	1,439	1,814	961	976	1,083	442	265	27.96	86.89	59.97	17.97	14.96
Operating Profit	280	381	247	333	262	30.11	63.24	32.15	−67.26	−50.16	−16.06	−14.05
OPM %	16.0%	17.0%	19.9%	24.9%	18.9%	6.0%	19.0%	52.9%	−331.0%	−483.1%	−898.1%	—
Other Income	199	−69.01	−1,202	−3,432	−1,342	13.01	319	1,765	75.06	807	−0.99	210
Interest	544	469	388	397	434	491	357	132	81.31	101	94.24	104
Depreciation	465	390	304	282	172	174	106	41.06	32.06	1.01	1.01	0.00
Profit before tax	−529	−549	−1,651	−3,787	−1,690	−622	−81.21	1,629	−105	659	−112	90.23
Tax %	4.0%	7.0%	0.0%	0.0%	0.0%	0.0%	0.0%	−2.0%	−1.0%	0.0%	0.0%	—
Exceptional items	−27.10	−135	−1,283	−3,497	−1,496	−23.10	94.39	1,665	27.08	668	−97.33	162
Net Profit	−550	−583	−1,684	−3,769	−1,687	−620	−77.98	1,648	−104	660	−112	90.14
EPS (Rs)	−26.59	−28.17	−80.49	−182.39	−81.19	−29.96	−3.78	79.74	−5.70	31.88	−5.42	4.39
Dividend payout %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	—

Essar Shipping balance sheet

₹ crore, at each year end.

Essar Shipping Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	206	208	208	208	208	208	208	208	208	208	208	208
Reserves	6,695	3,135	2,438	1,167	−2,120	−4,431	−5,024	−5,126	−2,952	−3,017	−2,592	−2,284
Borrowings	5,135	5,319	5,616	4,623	4,770	4,639	4,595	3,910	2,703	2,641	1,630	1,614
Other Liabilities	1,437	1,513	1,254	1,655	1,709	1,934	2,309	2,181	1,090	1,081	1,053	779
Total Liabilities	13,472	10,175	9,516	7,653	4,568	2,349	2,088	1,173	1,049	913	300	316
Fixed Assets	9,825	6,454	5,846	5,257	3,151	1,004	885	112	58.04	26.01	27.03	44.06
CWIP	77.81	78.73	137	77.71	10.96	10.96	15.95	0.00	0.00	0.00	180	227
Investments	63.09	0.00	37.08	0.00	42.10	0.00	6.01	40.11	38.10	0.00	0.00	0.00
Other Assets	3,506	3,642	3,496	2,318	1,364	1,335	1,181	1,021	953	887	92.22	45.13
Inventories	78.14	87.46	75.09	72.11	30.07	21.69	20.43	9.04	2.69	0.00	1.00	1.11
Trade receivables	301	335	120	98.98	155	71.88	30.27	24.53	13.12	18.62	15.12	1.27
Cash & equivalents	43.74	35.08	39.98	55.54	24.71	44.39	27.66	29.63	25.44	23.96	6.33	2.97
Total Assets	13,472	10,175	9,516	7,653	4,568	2,349	2,088	1,173	1,049	913	300	316

Essar Shipping cash flow

₹ crore, for each year.

Essar Shipping Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	558	344	274	486	157	209	96.83	140	513	−45.88	530	−130
Cash from investing activity	380	26.06	13.04	721	64.20	75.14	−22.05	479	465	111	−336	27.07
Cash from financing activity	−962	−375	−285	−1,190	−236	−263	−86.06	−628	−971	−71.10	−211	−212
Net cash flow	−22.99	−1.99	2.01	18.01	−14.99	21.98	−11.99	−8.99	7.01	−5.99	−14.99	−315
Capex	93.05	8.01	39.03	37.01	26.03	34.01	55.05	0.00	0.00	0.00	180	48.05
Free cash flow	721	371	306	677	196	177	41.02	551	560	−47.01	351	−177
CFO / OP %	247.9%	139.9%	74.9%	200.9%	52.9%	88.0%	129.0%	199.9%	1,464.9%	71.0%	−1,081.1%	820.0%

Essar Shipping ratios

Working-capital days and returns, by year.

Essar Shipping Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	58	71	20	30	43	20	23	27	79	337	538	262
Cash conversion cycle	59	72	21	31	44	21	24	28	80	338	539	263
Working capital days	−151	−51	−457	−630	−834	−830	−2,898	−3,502	−14,146	−37,889	−42,426	−1,68,510
ROCE %	0.0%	0.0%	1.0%	0.0%	2.0%	13.0%	−30.0%	—	—	−208.0%	—	—

Essar Shipping: frequently asked questions

What are the latest quarterly results of Essar Shipping?

For the Jun 2026 quarter, Essar Shipping reported sales of ₹0 Cr, down 100.0% year on year and net profit of ₹230 Cr, up 752.3% year on year. The operating margin was −7,475.0%.

What is the annual revenue of Essar Shipping?

Essar Shipping's sales for the year to Mar 2026 were ₹1.99 Cr; over the last twelve months they were ₹0 Cr.

What is the net profit of Essar Shipping?

Net profit for the year to Mar 2026 was −₹112 Cr, and ₹90.14 Cr over the last twelve months. Earnings per share over the same trailing period were ₹4.39.

How much debt does Essar Shipping have?

Essar Shipping reported borrowings of ₹1,614 Cr at Mar 2026, against cash and equivalents of ₹2.97 Cr.

What is the free cash flow of Essar Shipping?

Cash from operations was −₹130 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹177 Cr.

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