GO
Garware Offshore Services
Services
501848 BSE
Price unavailable
Tapetide Score
Data-driven rating, 0–100. How it works →
No Tapetide Score has been computed for this stock yet.
Key Insights
Strengths
2- Stock is trading at 0.98 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 -14.4% over past five years.
- Promoter holding is low: 30.3%
- Company has a low return on equity of -13.4% over last 3 years.
- Earnings include an other income of Rs.3.61 Cr.
- Debtor days have increased from 62.4 to 85.5 days.
Technical Indicators
Oscillators
Neutral
Bearish
2
Neutral
5
Bullish
2
Overall
Bearish
Bearish
12
Neutral
5
Bullish
2
Moving Averages
Bearish
Bearish
10
Neutral
0
Bullish
0
Growth Rate
Revenue Growth
51% higher than
3Y
change over 1 year
Net Income Growth
-72% lower than
3Y
change over 1 year
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 12.83 | 10.75 | 7.89 | 7.73 | 8.39 | 7.26 | 8.13 | 8.97 | 4.25 | 6.74 | 12.24 | 12.48 | 11.79 |
| Expenses | 17.69 | 6.1 | 7.62 | 9.1 | 6.85 | 5.69 | 7.05 | 7.54 | 6.72 | 4.85 | 7.84 | 9.75 | 7.66 |
| Operating Profit | -4.86 | 4.65 | 0.27 | -1.37 | 1.54 | 1.57 | 1.08 | 1.43 | -2.47 | 1.89 | 4.4 | 2.73 | 4.13 |
| OPM % | -37.88% | 43.26% | 3.42% | -17.72% | 18.36% | 21.63% | 13.28% | 15.94% | -58.12% | 28.04% | 35.95% | 21.88% | 35.03% |
| Other Income | -2.45 | 7.6 | 0.28 | 56.2 | 0.13 | 0.16 | 12.42 | 0.83 | 4.11 | 2.54 | 0.52 | 0.38 | 0.17 |
| Interest | 2.9 | 1.26 | 0.84 | 1 | 0.49 | 0.39 | 0.4 | 0.65 | 0.48 | 0.61 | 1.73 | 1.62 | 1.51 |
| Depreciation | 4.42 | 3.98 | 3.15 | 3.12 | 3.17 | 3.41 | 3.49 | 3.44 | 2.95 | 3.55 | 5.08 | 6.51 | 5.61 |
| PBT | -14.63 | 7.01 | -3.44 | 50.71 | -1.99 | -2.07 | 9.61 | -1.83 | -1.79 | 0.27 | -1.89 | -5.02 | -2.82 |
| Tax % | 0.14% | 0.29% | 0.29% | 3.79% | 1.01% | 0.97% | 0.31% | 1.09% | 5.59% | 33.33% | 5.82% | 11.16% | 1.77% |
| Net Profit | -14.65 | 6.98 | -3.45 | 48.79 | -2 | -2.08 | 9.58 | -1.85 | -1.9 | 0.18 | -2 | -5.58 | -2.87 |
| EPS (₹) | -4.89 | 1.73 | -1.29 | 18.94 | -0.78 | -0.8 | 3.64 | -0.6 | -0.62 | 0.06 | -0.65 | -1.82 | -0.93 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 407 | 391 | 162 | 136 | 128 | 122 | 78 | 65 | 51 | 39 | 33 | 36 | 43 |
| Expenses | 238 | 284 | 206 | 195 | 196 | 97 | 86 | 62 | 64 | 40 | 27 | 29 | 30 |
| Operating Profit | 168 | 107 | -44 | -59 | -69 | 25 | -8 | 3 | -13 | -1 | 6 | 7 | 13 |
| OPM % | 41% | 27% | -27% | -43% | -54% | 20% | -10% | 4.9% | -26% | -3% | 18% | 18% | 30% |
| Other Income | 9 | 1 | 16 | -78 | -487 | 71 | 391 | -15 | 437 | 62 | 14 | 8 | 4 |
| Interest | 54 | 62 | 69 | 65 | 81 | 74 | 23 | 24 | 9 | 6 | 2 | 4 | 5 |
| Depreciation | 66 | 71 | 68 | 61 | 59 | 31 | 30 | 35 | 31 | 15 | 14 | 18 | 21 |
| PBT | 57 | -25 | -165 | -263 | -696 | -9 | 330 | -71 | 384 | 40 | 4 | -8 | -9 |
| Tax % | 3% | 1% | 0% | 0% | 0% | -21% | 0% | 0% | 0% | 5% | 2% | 10% | — |
| Net Profit | 55 | -25 | -165 | -262 | -696 | -7 | 329 | -71 | 383 | 38 | 4 | -9 | -10 |
| EPS (₹) | 17.95 | -4.55 | -46.17 | -77.89 | -200 | -14.08 | 88.2 | -25.16 | 128 | 14.49 | 1.19 | -3.02 | -3.34 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 31 | 31 |
| Reserves | 435 | 442 | 314 | 121 | -369 | -438 | -212 | -280 | 23 | 58 | 103 | 94 |
| Borrowings | 1,017 | 1,133 | 1,123 | 1,086 | 1,155 | 1,043 | 678 | 699 | 157 | 37 | 30 | 64 |
| Other Liabilities | 192 | 195 | 228 | 247 | 174 | -1 | 89 | 103 | 46 | 23 | 15 | 17 |
| Total Liabilities | 1,669 | 1,795 | 1,689 | 1,478 | 986 | 629 | 580 | 546 | 250 | 143 | 179 | 206 |
| Fixed Assets | 1,427 | 1,584 | 1,395 | 1,305 | 839 | 514 | 522 | 495 | 194 | 120 | 116 | 173 |
| CWIP | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 237 | 211 | 295 | 173 | 146 | 116 | 58 | 51 | 56 | 22 | 63 | 32 |
| Total Assets | 1,669 | 1,795 | 1,689 | 1,478 | 986 | 629 | 580 | 546 | 250 | 143 | 179 | 206 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 110 | 105 | 35 | 0 | 20 | 16 | 23 | 18 | 8 | 12 | 9 | 8 |
| Investing | 19 | -199 | 0 | 34 | -1 | 47 | -10 | -6 | 65 | 81 | -11 | -72 |
| Financing | -110 | 70 | -35 | -44 | -19 | -73 | -18 | -9 | -77 | -94 | 39 | 33 |
| Net Cash Flow | 19 | -24 | 0 | -9 | 0 | -9 | -5 | 3 | -4 | -1 | 37 | -31 |
| Free Cash Flow | 148 | -59 | 34 | 33 | 12 | 61 | 13 | 12 | 73 | 93 | -1 | -67 |
| CFO/OP | 66 | 98 | -84 | -4 | -28 | 62 | -262 | 598 | -64 | -642 | 172 | 126 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 39 | 68 | 81 | 82 | 53 | 82 | 102 | 73 | 77 | 43 | 59 | 86 |
| Cash Conversion Cycle | 39 | 68 | 81 | 82 | 53 | 82 | 102 | 73 | 77 | 43 | 59 | 86 |
| Working Capital Days | -48 | -104 | -155 | -738 | -1,806 | -2,237 | -3,125 | -4,653 | -1,240 | -332 | -148 | -111 |
| ROCE % | 7% | 2% | -7% | -9% | -13% | -1% | -9% | -8% | -17% | -6% | -5% | -6% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Garware Offshore Services insights
57 extracted metrics + investor summaries across FY11–FY27.
Documents
Frequently Asked Questions about Garware Offshore Services
What does Garware Offshore Services Ltd do?
Incorporated in 1976, Garware Offshore Services
Ltd is in the business of charter of offshore support vessels.[1]
Where is Garware Offshore Services Ltd (GLOBOFFS) listed?
Garware Offshore Services Ltd trades under code 501848 on the BSE.
Which sector does Garware Offshore Services Ltd belong to?
Garware Offshore Services Ltd is classified under the Services sector, in the Transport Services industry.
Company Information
Incorporated in 1976, Garware Offshore Services Ltd is in the business of charter of offshore support vessels.[1]
Website globaloffshore.in
Face Value ₹ 10
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