What we do Essar Shipping Limited operates as an integrated logistics and shipping company offering sea transportation, fleet management, and oilfield drilling services globally. |
Founded in 2,010 |
Market share Major player in integrated shipping and logistics with a diversified fleet of 26 vessels. |
Problem solved Provides end-to-end shipping logistics and drilling solutions addressing global maritime transport and offshore oilfield service needs. |
Top clients or who we serve Serves oil & gas companies, industrial logistics industries; operates B2B and international chartering services. |
Key management - |
Our journey and innovations Established in 2010, expanded fleet and integrated oilfield services; introduced SAP and automation for operational efficiency. |
Where we operate Operates internationally including India and Mauritius with coastal and global shipping routes. |
Top products or what we offer Fleet operating and chartering of VLCCs, Capesizes, bulk carriers; offshore rig services; logistics solutions. |
Top brands Diverse vessel fleet including VLCCs, Capesizes, Supramaxes, plus oilfield rig services. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenues largely from chartering and logistics services; semi-recurring with cyclical rig business exposure. |
Our industry position Strong presence in mid-sized shipping and offshore drilling with steady chartering income and asset management. |
Financial highlights FY 2025 consolidated revenue Rs. 247.34 Cr, net profit Rs. 659.91 Cr; turnaround from prior year loss. |
Geographical revenue split Revenue primarily from Mauritius (Rs.10.11 Cr) and India (minimal contribution). |
Order book - |
Whats driving growth Fleet optimization, rising oilfield activities, and enhanced logistics services drive growth. |
Our future plans Focus on asset acquisition opportunities and operational efficiencies to improve profitability. |
Our green promise Implemented energy-efficient systems and document management to reduce environmental impact. |
Our people and values Committed to employee training, well-being, and inclusive workplace culture. |
Key challenges ahead Legal disputes and asset liquidation risks amid global market and operational challenges. |
Interesting facts Owned a 152,065 DWT Cape See Dry Bulk Carrier since 2011; SAP implemented in financials. |
Risks and strategy Managing financial liabilities through asset sales and long-term contracts; optimizing operational costs. |
