5

Garware Offshore Services Ltd

GLOBALOFFSHORESERVICESLTD NSE

Key Fundamentals

MicrocapShippingTransport Services
Market Cap
₹138 Cr
Volatility
Moderate
P/E Ratio
-15.4
EBITDA
₹6.54 Cr
Return on Equity
2.72%
Debt to Equity
0.48
Book Value
₹40.61
EPS
₹0
52W High
₹90.01
52W Low
₹31.36

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

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Tapetide Score

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Technical Indicators

Key Insights

Strengths

2
  • Stock is trading at 1.08 times its book value
  • Company is expected to give good quarter

Weaknesses

6
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -10.2% over past five years.
  • Promoter holding is low: 30.3%
  • Company has a low return on equity of -6.53% over last 3 years.
  • Earnings include an other income of Rs.4.41 Cr.
  • Debtor days have increased from 66.8 to 85.5 days.

Growth Rate

Revenue Growth
7.27%
Net Income Growth
-358.06%
Cash Flow Change
-20.12%
ROE
-94.05%
ROCE
-92.45%
EBITDA Margin (Avg.)
-18.24%

Quarterly Results

  Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales
4.09
6.61
7.8
7.86
7.69
8.39
7.26
8.13
8.97
4.25
6.74
12.24
12.48
Expenses
9.5
7.15
5.74
6.87
7.99
6.71
5.68
7.14
6.48
6.27
4.83
7.82
9.53
Operating Profit
-5.41
-0.54
2.06
0.99
-0.3
1.68
1.58
0.99
2.49
-2.02
1.91
4.42
2.95
OPM %
-132.27%
-8.17%
26.41%
12.6%
-3.9%
20.02%
21.76%
12.18%
27.76%
-47.53%
28.34%
36.11%
23.64%
Other Income
397
-2.77
-0.21
0.04
-104
0.04
0.05
0.05
0.6
0.79
2.71
0.61
0.31
Interest
-5.54
0.75
0.11
0.49
0.68
0.47
0.37
0.37
0.63
0.48
0.61
1.73
1.61
Depreciation
3.48
2.89
3.12
3.14
3.12
3.17
3.41
3.49
3.44
2.95
3.55
5.08
6.51
PBT
394
-6.95
-1.38
-2.6
-108
-1.92
-2.15
-2.82
-0.98
-4.66
0.46
-1.78
-4.86
Tax %
0.33%
0.29%
1.45%
0.38%
1.78%
1.04%
0.93%
1.06%
2.04%
2.15%
19.57%
6.18%
11.52%
Net Profit
393
-6.97
-1.4
-2.61
-110
-1.94
-2.17
-2.85
-1
-4.76
0.37
-1.89
-5.42
EPS in Rs
159
-2.82
-0.57
-1.06
-44.47
-0.76
-0.83
-1.08
-0.33
-1.55
0.12
-0.61
-1.76
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales
90
160
98
76
65
71
61
47
30
30
33
36
Expenses
46
89
66
64
50
48
46
46
46
28
26
28
Operating Profit
44
71
33
12
15
23
16
1
-17
2
7
7
OPM %
49%
44%
33%
16%
23%
32%
25%
2%
-56%
8%
21%
20%
Other Income
2
0
15
-119
-36
-40
12
-16
217
-107
1
4
Interest
9
19
20
21
27
25
18
19
3
2
2
4
Depreciation
13
22
23
24
23
24
26
28
24
12
14
18
PBT
23
30
5
-152
-72
-67
-17
-62
173
-119
-8
-11
Tax %
8%
1%
5%
0%
0%
-3%
3%
0%
1%
2%
1%
8%
Net Profit
21
30
4
-152
-72
-65
-17
-62
172
-121
-8
-12
EPS in Rs
8.36
12.14
1.74
-61.31
-29.02
-26.22
-6.96
-25.09
69.55
-48.91
-2.6
-3.81
Div. Payout %
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
25
25
25
25
25
25
25
25
25
25
31
31
Reserves
354
386
390
238
167
102
85
23
195
74
108
97
Borrowings
298
401
376
370
389
417
397
408
39
24
17
61
Other Liabilities
31
20
25
46
62
94
106
128
26
19
12
16
Total Liabilities
708
832
816
679
642
638
612
584
285
141
169
205
Fixed Assets
403
545
519
492
463
451
453
429
129
120
116
173
CWIP
5
0
0
0
0
0
0
0
0
0
0
0
Investments
205
205
205
113
113
113
113
113
113
0
0
0
Other Assets
95
82
93
73
66
73
46
41
43
21
53
31
Total Assets
708
832
816
679
642
638
612
584
285
141
169
205
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
45
66
48
7
12
25
11
11
-1
13
0
9
Investing
-9
-159
-13
-1
-8
-12
-4
-5
66
12
-10
-69
Financing
-23
87
-40
-4
-4
-7
-12
-2
-69
-25
40
38
Net Cash Flow
13
-6
-5
2
-1
5
-4
4
-4
-1
30
-23
Free Cash Flow
67
-93
47
6
3
12
7
6
65
24
-11
-66
CFO/OP
102
93
152
73
79
105
58
1,244
1
364
3
118
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
104
64
81
64
60
70
92
65
44
56
59
86
Cash Conversion Cycle
104
64
81
64
60
70
92
65
44
56
59
86
Working Capital Days
-127
-76
-207
-675
-1,239
-1,652
-2,365
-3,721
-310
-304
-135
-76
ROCE %
5%
7%
1%
-1%
-1%
0%
-2%
-6%
-11%
-1%
-4%
-4%

Shareholding Pattern

As of Jun 2026
Public 45.95%
Promoters 30.33%
Others 22.90%
DIIs 0.78%
FIIs 0.03%
Total 99.99%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters
33.29%
33.29%
33.29%
33.29%
33.29%
33.10%
33.28%
33.28%
33.28%
33.28%
33.28%
33.28%
33.29%
32.47%
33.98%
33.86%
30.46%
30.39%
30.35%
30.35%
30.36%
30.33%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
1.50%
0.62%
0.41%
0.28%
0.27%
0.27%
0.23%
0.14%
0.16%
0.16%
0.03%
0.03%
DIIs
5.25%
5.25%
5.25%
5.25%
5.25%
5.25%
5.25%
5.25%
4.00%
3.22%
1.95%
0.16%
0.16%
0.16%
0.16%
0.15%
0.13%
0.13%
0.78%
0.78%
0.78%
0.78%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
1.26%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
45.25%
45.66%
44.50%
42.07%
41.65%
41.02%
40.57%
40.18%
40.57%
41.39%
43.42%
44.68%
44.66%
44.55%
43.19%
42.33%
45.66%
45.94%
46.56%
46.68%
45.90%
45.95%
Others
16.21%
15.80%
16.96%
19.39%
19.82%
20.63%
20.90%
20.03%
22.15%
22.10%
19.84%
21.25%
21.47%
22.54%
22.40%
23.38%
23.52%
23.40%
22.14%
22.02%
22.92%
22.90%
No. of Shareholders
19,866
19,658
19,450
19,081
19,160
18,931
18,419
18,121
17,959
17,813
17,805
17,858
17,782
17,996
18,002
17,894
17,956
17,990
17,886
17,777
17,588
17,582

Documents

Frequently Asked Questions about Garware Offshore Services Ltd

What does Garware Offshore Services Ltd do?
Incorporated in 1976, Global Offshore Services Ltd is engaged in owning, operating, and chartering of offshore support vessels.[1]
Where is Garware Offshore Services Ltd (501848) listed?
Garware Offshore Services Ltd is listed on the Indian stock exchanges. It is listed on NSE: GLOBALOFFSHORESERVICESLTD and BSE: GARWAOFFS. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Garware Offshore Services Ltd belong to?
Garware Offshore Services Ltd operates in the Services sector within the Transport Services industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Garware Offshore Services Ltd?
Garware Offshore Services Ltd has a market capitalisation of approximately ₹138.30 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Garware Offshore Services Ltd?
The Price-to-Earnings (PE) ratio of Garware Offshore Services Ltd is -15.40. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Garware Offshore Services Ltd?
Over the past 52 weeks, Garware Offshore Services Ltd has traded between a low of ₹31.36 and a high of ₹90.01. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of Garware Offshore Services Ltd?
Garware Offshore Services Ltd has a Return on Equity (ROE) of 2.72%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Garware Offshore Services Ltd on Tapetide?
On Tapetide, you can view Garware Offshore Services Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

Incorporated in 1976, Global Offshore Services Ltd is engaged in owning, operating, and chartering of offshore support vessels.[1]

CEO Mr. Mukund Madhav Honkan
Employees 16
Face Value ₹ 10

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