---
title: "Essar Ports Ltd (ESSARPORTS) — Share Price, Financials & Analysis"
symbol: "ESSARPORTS"
company: "Essar Ports Ltd"
canonical: "https://tapetide.com/stocks/ESSARPORTS"
generated_at: "2026-10-13T10:57:54.307Z"
---

# Essar Ports Ltd (ESSARPORTS)

Canonical page: https://tapetide.com/stocks/ESSARPORTS

## Company

- **Stock Type:** EQUITY
- **Listed Since:** 2011-05-31
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** essar.com

## About

Essar Ports Limited is an India-based port company. The Company develops and operates ports and terminals. The Company's business segments include Fleet operating and chartering, Port and terminal services, and Trading in goods.

## Latest Price

## Key Insights

### Strengths

- Stock is trading at 0.75 times its book value

### Weaknesses

- The company has delivered a poor sales growth of -16.9% over past five years.
- Company has a low return on equity of -0.06% over last 3 years.
- Earnings include an other income of Rs.12.3 Cr.
- Working capital days have increased from 930 days to 2,434 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 223% | 28% | 49% |
| revenue growth | -45% | -7% | -17% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Mar 2022 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 8 | 11 | 15 | 7 | 8 | 9 | 11 | 8 | 8 | 8 | 8 | 1 |
| Expenses | 8 | 8 | 9 | 18 | 14 | 12 | 13 | 12 | 15 | 13 | 10 | 5 |
| Operating Profit | 0 | 3 | 6 | -11 | -6 | -3 | -2 | -4 | -8 | -5 | -2 | -4 |
| OPM % | -4.7 | 26 | 43 | -166 | -79 | -39 | -23 | -52 | -100 | -68 | -30 | -777 |
| Other Income | 5 | 7 | 28 | 7 | 6 | 7 | 33 | 7 | 7 | 8 | 6 | 1841 |
| Interest | 17 | 17 | 17 | 11 | 7 | 5 | 7 | 6 | 5 | 7 | 8 | 176 |
| Depreciation | 2 | 3 | 6 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | -14 | -11 | 11 | -17 | -9 | -3 | 21 | -4 | -8 | -7 | -6 | 1658 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 4 | 12 | 36 | 5 | 10 | 2 | 0 |
| Net Profit | -14 | -11 | 11 | -17 | -9 | -4 | 19 | -6 | -9 | -7 | -6 | 1658 |
| EPS in Rs | -0.33 | -0.26 | 0.25 | -0.39 | -0.21 | -0.08 | 0.43 | -0.14 | -0.2 | -0.17 | -0.14 | 774.37 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 486.87 | 36.22 | 35.4 | 40.13 | 34.63 | 30.75 | 17.26 | 17.53 | 24.7 | 13.7 |
| Expenses | 462.1 | 23.55 | 32.42 | 53.7 | 52.14 | 44.21 | 49.33 | 21.18 | 30.81 | 12.16 |
| Operating Profit | 24.77 | 12.67 | 2.98 | -13.57 | -17.51 | -13.46 | -32.07 | -3.65 | -6.11 | 1.54 |
| OPM % | 5.09 | 34.98 | 8.42 | -33.82 | -50.56 | -43.77 | -185.81 | -20.82 | -24.74 | 11.24 |
| Other Income | 256.05 | 16.36 | 38.79 | 47.11 | 53.77 | 50.29 | 17.98 | 5.9 | 23.42 | 12.26 |
| Interest | 184.08 | 92.4 | 72.47 | 51.7 | 23.38 | 183.79 | 28.66 | 2.49 | 14.73 | 5.07 |
| Depreciation | 59.87 | 7.4 | 7.62 | 7.59 | 7.53 | 7.53 | 3.7 | 3.76 | 5.17 | 2.43 |
| Profit before tax | 36.87 | -70.77 | -38.32 | -25.75 | 5.35 | -154.49 | -46.45 | -4 | -2.59 | 6.3 |
| Tax % | 43.4 | 0.32 | 0.13 | 0.04 | 88.79 | -2.27 | -11.5 | -64.25 | 39.77 | 30.79 |
| Net Profit | 20.87 | -71 | -38.37 | -25.75 | 0.6 | -150.97 | -41.11 | -1.43 | -3.61 | 4.35 |
| EPS in Rs | 0.34 | -1.73 | -0.9 | -0.6 | 0.01 | -3.53 | -19.2 | -0.67 | -1.69 | 2.03 |
| Dividend Payout % | 0 | -28.91 | -55.78 | -83.11 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 410.59 | 410.59 | 428.02 | 428.02 | 428.02 | 428.39 | 21.41 | 21.41 | 21.41 | 21.41 |
| Reserves | 2325.16 | 2211.61 | 2300.33 | 2246.12 | 2256.94 | 2094.89 | 237.15 | 352.93 | 349.28 | 353.65 |
| Borrowings | 738.68 | 739.63 | 627.56 | 245.4 | 300.83 | 698.97 | 66.48 | 63.77 | 95.55 | 103.42 |
| Other Liabilities | 55 | 439.54 | 468.04 | 395.02 | 448.33 | 217.13 | 26.4 | 25.25 | 50.63 | 76.19 |
| Total Liabilities | 3529.43 | 3801.37 | 3823.95 | 3314.56 | 3434.12 | 3439.38 | 351.44 | 463.36 | 516.87 | 554.67 |
| Fixed Assets | 46.4 | 88.91 | 81.18 | 73.48 | 65.99 | 58.46 | 13.34 | 47.87 | 42.72 | 6.08 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 3312.97 | 3659.42 | 3543.92 | 3144.07 | 3265.11 | 3269.57 | 175.01 | 334.41 | 317.9 | 317.9 |
| Other Assets | 170.06 | 53.04 | 198.85 | 97.01 | 103.02 | 111.35 | 163.09 | 81.08 | 156.25 | 230.69 |
| Total Assets | 3529.43 | 3801.37 | 3823.95 | 3314.56 | 3434.12 | 3439.38 | 351.44 | 463.36 | 516.87 | 554.67 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 124.18 | 129.35 | 193.32 | 12.96 | -224.7 | -2.8 | 278.8 | 71.75 | 33.36 | -5.66 |
| Cash from Investing Activity | -1016.25 | -47.28 | -149.16 | 471.19 | 242.92 | -75.21 | -30.24 | -130.32 | -84.42 | 15.03 |
| Cash from Financing Activity | 883.87 | -105.21 | -42.91 | -484.75 | -18.28 | 79.3 | -249.29 | 58.08 | 50.47 | -9.21 |
| Net Cash Flow | -8.2 | -23.14 | 1.25 | -0.6 | -0.07 | 1.29 | -0.74 | -0.48 | -0.59 | 0.15 |
| Free Cash Flow | 38.87 | 125.01 | 178.25 | -17.63 | -224.74 | -2.8 | 278.8 | 33.46 | 33.35 | -5.68 |
| CFO/OP | 566 | 1042 | 6353 | -115 | 1276 | -72 | -893 | -1987 | -572 | -303 |

### Ratios

| Item | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 0 | 73.67 | 102.49 | 53.57 | 64.61 | 141.25 | 251.44 | 165.11 | 22.46 | 0 |
| Cash Conversion Cycle | 0 | 73.67 | 102.49 | 53.57 | 64.61 | 141.25 | 251.44 | 165.11 | 22.46 | 0 |
| Working Capital Days | 69.57 | -2743.55 | -1254.92 | -449.31 | -3766.78 | -1496.68 | 1991.85 | 467.44 | -109.5 | 2433.51 |
| ROCE % | 1.99 | 0.63 | 1.02 | 0.78 | 0.97 | 1.27 | -1 | -0.4 | 2.71 | 2.41 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 1 / 6 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 23.55 | Sell |
| EMA (10) | 23.42 | Sell |
| SMA (20) | 23.59 | Sell |
| EMA (20) | 23.53 | Sell |
| SMA (50) | 23.99 | Sell |
| EMA (50) | 23.88 | Sell |
| SMA (100) | 24.04 | Sell |
| EMA (100) | 25.79 | Sell |
| SMA (200) | 33.08 | Sell |
| EMA (200) | 30.53 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 47.66 | Neutral |
| MACD (12,26,9) | -0.13 | Sell |
| Stochastic (14,3,3) | 16.59 | Buy |
| ADX (14) | 21.43 | Neutral |
| Williams %R (14) | -78.23 | Neutral |
| ATR (14) | 0.94 | High Volatility |
| ROC (12) | -1.89 | Sell |
| Stoch RSI (14) | 40.7 | Neutral |
| UO (7,14,28) | 47.96 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2015-12-04 | [Essar Ports Ltd reply to clarification sought by the exchange](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=CF8FCBA6_7BEB_4F40_B2A9_3DFB2EBCE057_143037.pdf) |
| 2015-12-04 | [Essar Ports Ltd reply to clarification sought by the exchange](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2015/12/CF8FCBA6_7BEB_4F40_B2A9_3DFB2EBCE057_143037.pdf) |
| 2015-11-17 | [Post Delisting Offer](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=C6FEAAF0_BF53_46FD_8D19_B110CF351F3E_161942.pdf) |
| 2015-11-17 | [Post Delisting Offer](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2015/11/C6FEAAF0_BF53_46FD_8D19_B110CF351F3E_161942.pdf) |
| 2015-11-13 | [Updates on Voluntary Delisting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=FF54839B_F21A_4951_867B_1454C38EEAFB_090607.pdf) |
| 2015-11-13 | [Updates on Voluntary Delisting](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2015/11/FF54839B_F21A_4951_867B_1454C38EEAFB_090607.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| Mar 2015 | [Annual Report 2015](https://www.bseindia.com/bseplus/AnnualReport/500630/5006300315.pdf) |
| Mar 2014 | [Annual Report 2014](https://www.bseindia.com/bseplus/AnnualReport/500630/5006300314.pdf) |
| Mar 2013 | [Annual Report 2013](https://www.bseindia.com/bseplus/AnnualReport/500630/5006300313.pdf) |
| 2013 | [Annual Report 2013](https://archives.nseindia.com/annual_reports/AR_1606_ESSARPORTS_2012_2013_12092013084736.zip) |
| Mar 2012 | [Annual Report 2012](https://www.bseindia.com/bseplus/AnnualReport/500630/5006300312.pdf) |
| Mar 2011 | [Annual Report 2011](https://www.bseindia.com/bseplus/AnnualReport/500630/5006300311.pdf) |
| Mar 2010 | [Annual Report 2010](https://www.bseindia.com/bseplus/AnnualReport/500630/5006300310.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2021-03-19 | Credit rating update — ICRA |
| 2020-08-05 | Credit rating update — ICRA |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T10:57:54.307Z.