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Compare Varun Shipping with G.E.Shipping - Equitymaster

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VARUN SHIPPING vs G.E.SHIPPING - Comparison Results

VARUN SHIPPING    Change

Varun Shipping Company (VSC) is the largest LPG tanker operator in the country. In addition to LPG, VSC has presence in crude products and offshore segments. The current fleet comprises 10 LPG carriers, 3 crude oil tankers and 7 AHTS (anchor handling... More

G.E.SHIPPING 
   Change

Great Eastern Shipping (GES) is the largest private sector shipping company in India. As on March 2012, the company has a fleet of 34 vessels, including 24 tankers (9 crude carriers, 14 product carriers and 1 gas carrier) and 10 dry bulk carriers, wi... More

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Current Valuations

    VARUN SHIPPING G.E.SHIPPING VARUN SHIPPING/
G.E.SHIPPING
 
P/E (TTM) x -0.3 -8.3 - View Chart
P/BV x 0.2 0.7 35.3% View Chart
Dividend Yield % 5.1 2.3 218.2%  

Financials

 VARUN SHIPPING   G.E.SHIPPING
EQUITY SHARE DATA
    VARUN SHIPPING
Sep-12
G.E.SHIPPING
Mar-18
VARUN SHIPPING/
G.E.SHIPPING
5-Yr Chart
Click to enlarge
High Rs33482 6.8%   
Low Rs14327 4.3%   
Sales per share (Unadj.) Rs50.1201.5 24.9%  
Earnings per share (Unadj.) Rs-10.1-13.9 73.0%  
Cash flow per share (Unadj.) Rs8.437.1 22.8%  
Dividends per share (Unadj.) Rs0.507.20 6.9%  
Dividend yield (eoy) %2.11.8 119.6%  
Book value per share (Unadj.) Rs43.5459.6 9.5%  
Shares outstanding (eoy) m150.01150.78 99.5%   
Bonus/Rights/Conversions ---  
Price / Sales ratio x0.52.0 23.3%   
Avg P/E ratio x-2.3-29.1 8.0%  
P/CF ratio (eoy) x2.810.9 25.5%  
Price / Book Value ratio x0.50.9 61.3%  
Dividend payout %-4.9-51.8 9.5%   
Avg Mkt Cap Rs m3,52561,043 5.8%   
No. of employees `0000.51.0 49.2%   
Total wages/salary Rs m1,5066,744 22.3%   
Avg. sales/employee Rs Th15,032.029,905.3 50.3%   
Avg. wages/employee Rs Th3,012.06,638.2 45.4%   
Avg. net profit/employee Rs Th-3,044.0-2,062.7 147.6%   
INCOME DATA
Net Sales Rs m7,51630,384 24.7%  
Other income Rs m1,1493,381 34.0%   
Total revenues Rs m8,66533,765 25.7%   
Gross profit Rs m2,2719,640 23.6%  
Depreciation Rs m2,7887,687 36.3%   
Interest Rs m4,1314,551 90.8%   
Profit before tax Rs m-3,499783 -446.8%   
Minority Interest Rs m00-   
Prior Period Items Rs m240-   
Extraordinary Inc (Exp) Rs m1,9710-   
Tax Rs m182,879 0.6%   
Profit after tax Rs m-1,522-2,096 72.6%  
Gross profit margin %30.231.7 95.2%  
Effective tax rate %-0.5367.6 -0.1%   
Net profit margin %-20.3-6.9 293.6%  
BALANCE SHEET DATA
Current assets Rs m13,38145,671 29.3%   
Current liabilities Rs m17,73020,888 84.9%   
Net working cap to sales %-57.981.6 -70.9%  
Current ratio x0.82.2 34.5%  
Inventory Days Days421 17.5%  
Debtors Days Days13129 447.3%  
Net fixed assets Rs m29,05098,220 29.6%   
Share capital Rs m1,5001,508 99.5%   
"Free" reserves Rs m3,73567,784 5.5%   
Net worth Rs m6,53169,292 9.4%   
Long term debt Rs m19,76453,614 36.9%   
Total assets Rs m44,428146,495 30.3%  
Interest coverage x0.21.2 13.1%   
Debt to equity ratio x3.00.8 391.1%  
Sales to assets ratio x0.20.2 81.6%   
Return on assets %5.91.7 350.4%  
Return on equity %-23.3-3.0 770.5%  
Return on capital %10.04.3 230.2%  
Exports to sales %00-   
Imports to sales %00-   
Exports (fob) Rs mNANA-   
Imports (cif) Rs mNANA-   
Fx inflow Rs m011,320 0.0%   
Fx outflow Rs m121,833 0.0%   
Net fx Rs m-1-10,512 0.0%   
CASH FLOW
From Operations Rs m-3,5769,689 -36.9%  
From Investments Rs m23,939-4,495 -532.6%  
From Financial Activity Rs m-17,178-11,579 148.4%  
Net Cashflow Rs m3,185-6,017 -52.9%  

Share Holding

Indian Promoters % 15.6 30.5 51.1%  
Foreign collaborators % 22.2 0.0 -  
Indian inst/Mut Fund % 7.9 15.4 51.3%  
FIIs % 0.2 25.5 0.8%  
ADR/GDR % 0.0 0.2 -  
Free float % 54.1 28.4 190.5%  
Shareholders   86,049 73,557 117.0%  
Pledged promoter(s) holding % 41.0 0.0 205,100.0%  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare VARUN SHIPPING With:   ABAN OFFSHORE  ABG SHIPYARD  DREDGING CORP  GOL OFFSHORE  MERCATOR LTD  



Today's Market

Sensex Ends 170 Points Lower, Realty and FMCG Stocks Witness Selling(Closing)

After opening the day on a positive note, share markets in India witnessed volatile trading activity and ended in red.

Related Views on News

G.E.SHIPPING Announces Quarterly Results (1QFY19); Net Profit Down 336.7% (Quarterly Result Update)

Aug 13, 2018 | Updated on Aug 13, 2018

For the quarter ended June 2018, G.E.SHIPPING has posted a net profit of Rs 2 bn (down 336.7% YoY). Sales on the other hand came in at Rs 8 bn (up 11.4% YoY). Read on for a complete analysis of G.E.SHIPPING's quarterly results.

G.E.SHIPPING Announces Quarterly Results (4QFY18); Net Profit Up 1124.2% (Quarterly Result Update)

Jul 20, 2018 | Updated on Jul 20, 2018

For the quarter ended March 2018, G.E.SHIPPING has posted a net profit of Rs 4 bn (up 1124.2% YoY). Sales on the other hand came in at Rs 8 bn (up 3.0% YoY). Read on for a complete analysis of G.E.SHIPPING's quarterly results.

GE Shipping: Disappointing Performance (Quarterly Results Update - Detailed)

Nov 16, 2017

GE Shipping reported a subdued performance on the back of weak tanker and offshore segment.

G E Shipping: Feeling Pressure From the Offshore Segment (Quarterly Results Update - Detailed)

Aug 18, 2017

GE Shipping reported a subdued performance on the back weak offshore segment.

G E Shipping: A Bad Quarter (Quarterly Results Update - Detailed)

May 9, 2017

GE shipping registered a loss in 4QFY17 due to weak global shipping market and lower crude prices which negatively impacted the offshore segment.

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Jul 29, 2015 (Close)

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