Essar Shipping (NSE:ESSARSHPNG) Gross Margin %: -3,675.00% (As of Mar. 2026)


NSE:ESSARSHPNG Essar Shipping Ltd NSE:ESSARSHPNG
34 GF Score
Price ₹23.11
GF Value ₹1.07
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Essar Shipping Gross Margin %?

Essar Shipping NSE:ESSARSHPNG -0.22% 34 Gross Margin % is -3,675.00% as of Mar. 2026. GuruFocus rates NSE:ESSARSHPNG with a GF Score™ of 34/100 and a GF Value™ of ₹1.07 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 977 Transportation companies, Essar Shipping ranks worse than 99.8% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Essar Shipping's Gross Profit for the three months ended in Mar. 2026 was ₹-14.70 Mil. Essar Shipping's Revenue for the three months ended in Mar. 2026 was ₹0.40 Mil. Therefore, Essar Shipping's Gross Margin % for the quarter that ended in Mar. 2026 was -3,675.00%.


The historical rank and industry rank for Essar Shipping's Gross Margin % or its related term are showing as below:

NSE:ESSARSHPNG' s Gross Margin % Range Over the Past 10 Years
Min: -546.2   Med: 0.25   Max: 25.05
Current: -255.06


During the past 13 years, the highest Gross Margin % of Essar Shipping was 25.05%. The lowest was -546.20%. And the median was 0.25%.

NSE:ESSARSHPNG's Gross Margin % is ranked worse than
99.8% of 977 companies
in the Transportation industry
Industry Median: 20.42 vs NSE:ESSARSHPNG: -255.06

Essar Shipping had a gross margin of -3,675.00% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Essar Shipping was 0.00% per year.


Essar Shipping  (NSE:ESSARSHPNG) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Essar Shipping had a gross margin of -3,675.00% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Essar Shipping Gross Margin % Related Terms


Essar Shipping Gross Margin % Historical Data

* Premium members only.

The historical data trend for Essar Shipping's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Essar Shipping Gross Margin % Chart

Essar Shipping Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.01 25.05 -546.20 -9.36 -255.06

Essar Shipping Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 99.39 -2.37 -16,900.00 -3,350.00 -3,675.00

Essar Shipping Gross Margin % Competitor Comparison

For the Marine Shipping subindustry, Essar Shipping's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Essar Shipping Gross Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Essar Shipping's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Essar Shipping's Gross Margin % falls into.


NSE:ESSARSHPNG
34GF Score
Essar Shipping Ltd NSE:ESSARSHPNG
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Essar Shipping Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Essar Shipping's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=-45.4 / 17.8
=(Revenue - Cost of Goods Sold) / Revenue
=(17.8 - 63.2) / 17.8
=-255.06 %

Essar Shipping's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=-14.7 / 0.4
=(Revenue - Cost of Goods Sold) / Revenue
=(0.4 - 15.1) / 0.4
=-3,675.00 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of -3,675.00% mean?
Essar Shipping (NSE:ESSARSHPNG) has a Gross Margin % of -3,675.00% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Essar Shipping and its competitors. According to the industry distribution chart, Essar Shipping ranks #975 out of 977 companies in the Transportation industry, placing it in the top 99.8%.
Is Essar Shipping's Gross Margin % too high?
Essar Shipping's current Gross Margin % is -3,675.00%. Based on the distribution chart, Essar Shipping ranks #975 out of 977 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Essar Shipping has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Essar Shipping's Gross Margin % compare to competitors?
According to the Transportation industry distribution chart, Essar Shipping ranks #975 out of 977 companies for Gross Margin %. This places Essar Shipping in the lower half of its industry. The industry median Gross Margin % is 20.42. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Transportation company?
The median Gross Margin % among Transportation companies is 20.42, based on 977 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Essar Shipping and its competitors. For the Transportation industry, the median Gross Margin % is 20.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Essar Shipping's current Gross Margin % is -3,675.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Essar Shipping stock overvalued right now?
Based on GuruFocus' analysis, Essar Shipping (NSE:ESSARSHPNG) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1.07, compared to a current price of ₹23.11 — trading 2059.8% above its estimated fair value. The current Gross Margin % is -3,675.00%. Essar Shipping's overall GF Score™ is 34/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Essar Shipping (NSE:ESSARSHPNG), the current Gross Margin % is -3,675.00% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Essar Shipping (NSE:ESSARSHPNG) Overvalued in 2026?

Based on GuruFocus' analysis, Essar Shipping stock appears to be overvalued. The current stock price of ₹23.11 is trading 2059.8% above its estimated GF Value™ of ₹1.07. GuruFocus considers Essar Shipping to be Significantly Overvalued.

Key valuation signals for NSE:ESSARSHPNG:

  • Gross Margin %: -3,675.00%
  • GF Value™: ₹1.07 vs. price of ₹23.11 (2059.8% above fair value)
  • GF Score™: 34/100 with 7 warning signs

No single metric tells the full story. See the NSE:ESSARSHPNG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Essar Shipping Business Description

Other Exchanges 533704:India
Address 11, K.K. Marg, Essar House, Mahalaxmi, Mumbai, MH, IND, 400 034
Essar Shipping Ltd is engaged in fleet operating and chartering and operates in international and coastal voyages. The company is diversified across various sectors of Energy, Infrastructure, steel, and Services. The company operates in Fleet operations and chartering, oilfield services, and logistics services. The company generates maximum revenue from a single operating segment, namely the Shipping segment.
34GF Score

Get the complete analysis for NSE:ESSARSHPNG

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹23.11
Price
₹1.07
GF Value