ESSAR SHIPPING POR chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 19.50
Dividend & YieldN/A₹ (N/A)
Beta 0.93
Market capitalization 1.56B
Operating cash flow N/A
ESG Scores unknown

Company description

Essar Shipping Limited, a shipping company, provides sea transportation, logistics, and oilfields services. The company is involved in the fleet operating and chartering activities consisting of tankers and dry bulkers; and oilfields services, such as land and semi- submersible rigs; and logistics services, including trucks, trailers, and tippers. It also offers contract drilling services to oil and gas companies. The company operates a fleet of 12 vessels, including a double hull very large crude oil carrier, 6 mini-capesize vessels, a panamax bulk carrier, 2 supramax bulk carriers, and 2 general cargo ships. It operates in India, Singapore, Cyprus, the United Arab Emirates, Taiwan, Kuwait, Demark, and Bangladesh. The company was incorporated in 2010 and is based in Mumbai, India. Essar Shipping Limited is a subsidiary of Essar Shipping Mauritius Holdings Limited.

Sector: Industrials - Industry: Marine Shipping

Financial Ratios
Quick Ratio0.24
Working Capital0.17
Return On Equity0.13
Debt To Equity-0.36
Fixed Asset Ratio-1.68
Fixed Interest Cover-0.27

Financial data

Financial Statements

Cashflow Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Change To Liabilities -14.08B -275.3M -843.3M -751.8M
Total Cashflows From Investing Activities 7.19B -55.9M 1.78B -536.6M
Net Borrowings -9.32B 1.51B -1.3B -565.9M
Total Cash From Financing Activities -11.88B -2.36B -2.63B -862.2M
Change To Operating Activities
Issuance Of Stock
Net Income -16.65B -37.75B -16.82B -6.2B
Change In Cash 177.1M -154.7M 223.8M -120.4M
Effect Of Exchange Rate 692.8M 692.8M -1.03B 312.8M
Total Cash From Operating Activities 4.87B 1.57B 2.1B 965.6M
Depreciation 3.04B 2.82B 1.72B 1.74B
Change To Account Receivables 16.52B -2.01B 428.2M 736.9M
Other Cashflows From Financing Activities -563.5M -3.87B -1.33B -296.3M
Change To Netincome 16B 38.36B 17.53B 5.43B
Capital Expenditures -369.9M -263.1M -336.5M -552.7M

Income Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Research Development
Income Before Tax -16.82B -37.7B -16.86B -6.2B
Net Income -16.65B -37.75B -16.82B -6.2B
Selling General Administrative 22.6M 23.5M 24.3M 6.9M
Gross Profit 2.83B 3.99B 3.32B 523.1M
Ebit -522.5M 873.5M 1.05B -1.32B
Operating Income -522.5M 873.5M 1.05B -1.32B
Interest Expense -3.66B -3.72B -3.71B -4.86B
Income Tax Expense 32.4M 14.5M 11.1M 6.2M
Total Revenue 12.08B 13.09B 13.44B 4.73B
Cost Of Revenue 9.25B 9.11B 10.12B 4.21B
Total Other Income ExpenseNet -16.29B -38.57B -17.91B -4.88B
Net Income From Continuing Ops -16.85B -37.71B -16.87B -6.21B
Net Income Applicable To Common Shares -16.65B -37.75B -16.82B -6.2B

Balance Sheet Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Total Liabilities 60.83B 62.1B 63.05B 66.33B
Total Stockholder Equity 13.7B -19.1B -42.21B -48.13B
Other Current Liabilities 3.83B 3.49B 4.01B 3.9B
Total Assets 76.45B 45.63B 23.45B 20.84B
Common Stock 2.07B 2.07B 2.07B 2.07B
Other Current Assets 1.06B 1.54B 1.8B 1.45B
Retained Earnings 7.51B -30.24B -47.01B -53.22B
Treasury Stock 4.08B 8.51B 2.12B 2.41B
Cash 554.1M 246.4M 443M 275.8M
Total Current Liabilities 43.28B 43.06B 43.3B 48.9B
Other Stockholder Equity 4.08B 8.51B 2.12B 2.41B
Property, Plant, and Equipment 27.03B 18.23B 10.14B 9B
Total Current Assets 22.97B 13.34B 13.16B 11.74B
Net Tangible Assets -12.58B -32.46B -42.21B -48.13B
Net Receivables 20.6B 11.21B 10.68B 9.75B
Accounts Payable 2.95B 2.85B 2.61B 2.62B


Insider Transactions

Here are the insider transactions of stock shares related to ESSAR SHIPPING POR:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Essar Shipping & Logistics LtdD2013-05-30Promoter17.87M

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to ESSAR SHIPPING POR. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on ESSAR SHIPPING POR

Here is the result of two systematic investment strategies applied to ESSAR SHIPPING POR. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on ESSAR SHIPPING POR

The following chart shows the equity curve of the two systematic investment strategies applied to ESSAR SHIPPING POR:

ESSAR SHIPPING POR automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -12.36% on the backtest period.

Performance at glance

Performance

-12.36 %

Latent gain

-308.85 ₹

Invested capital

2499.0 ₹

Annualized return

-2.93 %
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Momentum strategy results on ESSAR SHIPPING POR

This is the result of two momentum investment strategies applied to ESSAR SHIPPING POR. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on ESSAR SHIPPING POR

The following chart shows all the entries opened by the momentum investment system on ESSAR SHIPPING POR:

ESSAR SHIPPING POR momentum entries
  • The first momentum investment strategy would give -10.7% of return on ESSAR SHIPPING POR. That represents -643.05₹ of latent gain with 6012.45₹ of employed capital.
  • The second momentum investment strategy would give -6.9% of return on ESSAR SHIPPING POR. That represents -379.7₹ of latent gain with 5505.75₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

-10.7 %

Latent gain

-643.05 ₹

Invested capital

6012.45 ₹

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

-6.9 %

Latent gain

-379.7 ₹

Invested capital

5505.75 ₹

Annualized return

-1.84 %

Momentum equity curve on ESSAR SHIPPING POR

The following chart shows the equity curve of the two momentum strategies applied to ESSAR SHIPPING POR:

ESSAR SHIPPING POR momentum equity

Note: the dividends potentially given by ESSAR SHIPPING POR are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on ESSAR SHIPPING POR

The following chart shows the employed capital evolution of the two momentum strategies on ESSAR SHIPPING POR since the beginning:

ESSAR SHIPPING POR

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on ESSAR SHIPPING POR

Buy the dip entry openings on ESSAR SHIPPING POR

ESSAR SHIPPING POR

The performance achieved by the robo-advisor on ESSAR SHIPPING POR is 0%. That represents 0.0$ of latent gain with 0.0₹ of employed capital. The following chart shows ESSAR SHIPPING POR stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of ESSAR SHIPPING POR, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 ₹

Invested capital

0.0 ₹

Annualized return

0.0 %

Equity curve of the strategy applied to ESSAR SHIPPING POR

The following chart shows the result of the investment strategy applied to ESSAR SHIPPING POR:

ESSAR SHIPPING POR

Note: the dividends potentially given by ESSAR SHIPPING POR are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on ESSAR SHIPPING POR

The following chart shows the employed capital evolution since the beginning of the investment strategy on ESSAR SHIPPING POR:

ESSAR SHIPPING POR

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on ESSAR SHIPPING POR

In this section, I will compare the three previous investment strategies applied to ESSAR SHIPPING POR.

Equity curve comparison on ESSAR SHIPPING POR

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

ESSAR SHIPPING POR investment strategy comparison

Employed capital comparison on ESSAR SHIPPING POR

ESSAR SHIPPING POR investment comparison

Performance comparison on ESSAR SHIPPING POR

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -12.36% -308.85₹ 2499.0₹ -2.93%
Momentum 1 quarter -10.7% -643.05₹ 6012.45₹ -2.69%
Momentum 2 quarters -6.9% -379.7₹ 5505.75₹ -1.84%
Non-directional 0% 0.0₹ 0.0₹ 0.0%
Annualized return comparison

Automatic investment

-2.93 %

Momentum 1Q

-1.84 %

Momentum 2Q

-1.84 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with ESSAR SHIPPING POR:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between ESSAR SHIPPING POR and the other stocks. There may be false positives or some missing correlated stocks. If the price of ESSAR SHIPPING POR does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name ESSAR SHIPPING POR
Country India
City Mumbai
Address Essar House
Phone 91 22 6660 1100
Website www.essar.com/portfolio/services
FullTime employees
Industry Marine Shipping
Sector Industrials
Exchange XNSE
Ticker ESSARSHPNG.XNSE
Market

ESSAR SHIPPING POR ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown