Essar Shipping Limited

Key Metrics of Essar Shipping Limited

Revenue₹4.33 Cr▼ 78.9% YoYFY 2025-26

EBITDA₹602 Cr▲ 34.4% YoY

Net profit₹553 Cr▲ 48.9% YoY

Net worth−₹750 Cr▲ 42.4% YoY

Competitors10identified

About Essar Shipping Limited

Sectors

Logistics & Supply ChainCourier, Express & Freight

Company details

Registered office: Ebtsl Premises, Er-2 Building (admn. Building), Salaya 44 Km, P. B. No. 7, Taluka Khambhalia, Devbhumi Dwarka,, Jamnagar, In-gj, 361305
Listed: NSE: ESSARSHPNG · ₹16.68

Operational Areas of Essar Shipping Limited

Logistics & Supply Chain›Courier, Express & Freight

Company summary

Entity details

CINL61200GJ2010PLC060285

LEI code335800ZQCCH8FTF9YU74

State codeGJ

PIN code361305

Current legal nameESSAR SHIPPING LIMITED

Classification—

Listing statusListed (NSE: ESSARSHPNG)

Registration no.060285

Company age—

PAN—

CountryIndia

CityJamnagar

StateMaharashtra

Current statusActive

Date of incorporation—

Registrar of companies—

Authorised capital—

Paid-up capital—

Employee count—

Compliance

Last AGM date—

Last balance sheet—

Next filing dueMGT-7 for FY 2025-26 · 29 Nov 2026

Industry classification

NIC code61200

Description of main activityWater transport

Description of business activityWater transport

SectorLogistics & Supply Chain · Courier, Express & Freight

Share price · NSE: ESSARSHPNG

ESSARSHPNG on NSE

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Financials, ratios and risk analysis

Revenue, EBITDA, net profit, net worth, debt and assets for every filing year, 15+ ratios, the financial health score, shareholding, charges and peer comparison are part of the premium plan.

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Filing compliance

AGM for FY 2025-2630 Sep 2026 Statutory due date passed

AOC-4 for FY 2025-2630 Oct 2026 Statutory due date passed

MGT-7 for FY 2025-2629 Nov 2026 Statutory due date · 27 days left

Due dates follow the Companies Act: AGM within six months of the year end, AOC-4 within 30 days and MGT-7 within 60 days of the AGM. A filing made but not yet uploaded here shows as pending.

Vendor checks & payment capacity

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Credit ratings

CARE · 03 Apr 2015 — Other

Change in last 12 monthsNo change

Change since first rating on recordNo changesince May 2011

Rating actions60 up · 0 down

Rating history

Rating actions

Date	Agency	Action	Long term	Short term	Outlook	Rated amount	Rationale
03 Apr 2015	CARE	Other	—	—	—	₹2,949 Cr	View
13 Mar 2014	CARE	Reaffirmed	BB	—	—	₹669 Cr	View
15 Jan 2014	CARE	Assigned (from A)	BB	—	—	₹1,357 Cr	View
27 Dec 2012	CARE	Other	—	—	—	—	View
11 Jul 2011	CARE	Other	—	—	—	—	View
31 May 2011	CARE	Other	—	—	—	—	View

Borrowings & rated debt

Rated borrowing limits (latest)₹2,949 Cr

Peak rated limits₹2,949 CrApr 2015 · CARE

Limits raised0 times1 new facility rated

Rated limits over time

Facility mix

Rated facilities

Facility	Type	Previous	Current	Change	Rating	Action	Agency
Mobile: +91-9819009839 Mobile: +91-9819698985 E-mail: meenal.sikchi careratings.com E-mail: ankur.sachdeva careratings.com CREDIT ANALYSIS & RESEARCH LIMITED Co	Other	₹400 Cr	₹22.0 Cr	−94.5%	—	Other	CARE
Tel: +91-22-6754 \| Fax: +91-22-6754 \| E-mail: care careratings.com Other Office: Kaledonia, Sahar Road, Near Andheri Railway Station, Andheri (E), Mumbai Tel: +	Other	₹400 Cr	₹69.0 Cr	−82.8%	—	Other	CARE
Satellite, Ahmedabad Madho Singh Road, Near Collectorate Circle	Other	₹380 Cr	₹15.0 Cr	−96.1%	—	Other	CARE
Cell: +91-98242 Bani Park, Jaipur 016.	Other	—	₹302 Cr	—	—	Other	CARE
Tel: +91-79-4026 Cell: +91 – E-mail: mehul.pandya careratings.com Tel: +91-141-402 E-mail: harshraj.sankhla careratings.com BENGALURU Mr. Dinesh Sharma KOLKATA	Other	—	₹560 Cr	—	—	Other	CARE
Cell: +91-99000 10A, Shakespeare Sarani, Kolkata 071.	Other	—	₹700 Cr	—	—	Other	CARE
Tel: +91-80-4115 Cell: +91-98319 E-mail: dinesh.sharma careratings.com Tel: +91-33-E-mail: priti.agarwal careratings.com CHANDIGARH Mr. Sajan Goyal NEW DELHI 2n	Other	—	₹160 Cr	—	—	Other	CARE
Cell: +91 Jhandewalan Extension, New Delhi 055.	Other	—	₹110 Cr	—	—	Other	CARE
Tel: +91-172-5171 Cell: +91-98117 Email: sajan.goyal careratings.com Tel: +91-11-4533 E-mail: swati.agrawal careratings.com CHENNAI Mr. V Pradeep Kumar PUNE Uni	Other	—	₹600 Cr	—	—	Other	CARE
Cell: +91 Plot No. Bhamburda, Senapati Bapat Road, Tel: +91-44-2849 Shivaji Nagar, Pune 015.	Other	—	₹411 Cr	—	—	Other	CARE

Credit assessment · Services

Rating Methodology – Service Sector Companies · Standalone accounts · FY 2025-26

Indicative long-term—

Indicative short-term—

Score—

LiquidityStrong

DirectionStable

CARE rating · Apr 2015—

Ratios, pillar scores and the indicative rating are part of Premium.

Rating status

Default	No default on record
Issuer cooperation	Cooperating
Credit enhancement	None – standalone rating
Next action stable or better (model)	52%
Information on file	67% · missing: Capex / investment plans, Auditor details, Recent rating review (last 15 months)

Indicative assessment from public data using the published methodology factors; not a credit rating.

Borrowing & funding lifecycle

⬇ PDF report ⬇ Excel

Can it borrow more?Further bank funding difficult Next rating action stable or better: 44% (At risk of downgrade) · ML model on 6893 rating histories, AUC 0.653

Rated limits₹2,949 Cr

Not yet allocated—

Extra debt within 2.5× EBITDA—

Interest coverage—

Limit utilisation—

Open bank charges0 · —

Credit outlook model: 44% chance the next rating action is stable or better

Rated limits by facility

Timeline

03 Apr 2015 CARE other: —Rated limits ₹2,949 cr CARE rationale

13 Mar 2014 CARE reaffirmed: BBRated limits ₹668.96 cr CARE rationale

15 Jan 2014 CARE assigned: BBRated limits ₹1,357.46 cr CARE rationale

27 Dec 2012 CARE other: — CARE rationale

11 Jul 2011 CARE other: — CARE rationale

31 May 2011 CARE other: — CARE rationale

Lender names, bank charges and audited borrowings are part of Premium.

Built from MCA charges, ICRA/CARE rating reports and audited accounts. The borrowing view is an estimate, not a lender's credit decision.

Competitors of Essar Shipping Limited