The Great Eastern Shipping Company Limited — PPTs, 29-01-2026: Investor Presentation

Great Eastern Shipping delivered solid Q3FY26 results. Consolidated net profit reached INR 813 Cr, with revenue at INR 1,737 Cr and EBITDA at INR 1,118 Cr. Key shipping segments saw strong performance: Crude Carriers' average daily earnings surged 18% YoY, LPG Carriers 6%, and Dry Bulk 12%. Global crude and iron ore trade witnessed robust growth. Offshore jackup utilization stood at 72%.

The company is modernizing its fleet, acquiring four new vessels, including a VLGC and dry bulk carriers, and divesting three older ships. A favorable supply-demand outlook is anticipated, driven by low order books and an aging global fleet across shipping and offshore sectors.

GESHIP declared an interim dividend of INR 9.00/share, continuing its 16-quarter streak. Consolidated NAV is strong at INR 1,566/share. Financially, the company has transitioned from a peak net debt of USD 361 million to a healthy net cash position of USD 574 million, underscoring robust cash generation. The outlook remains positive, supported by strong demand and limited new supply.