G

Garware Offshore Services Ltd

501848 BSE

Tapetide Score

Data-driven rating, 0–100. How it works →

Technical Indicators

Key Insights

Strengths

2
  • Stock is trading at 1.19 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 -13.0% 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.

Growth Rate

Revenue Growth
51.00% →
Net Income Growth
-62.00% →
Cash Flow Change
-
ROE
-12.00% ↘
ROCE
-
EBITDA Margin (Avg.)
-

Quarterly Results

  Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 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 in Rs
-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
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
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 in Rs
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%
—
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
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
65
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
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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
-10
-73
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
38
-32
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
127
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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
-147
-111
ROCE %
7%
2%
-7%
-9%
-13%
-1%
-9%
-8%
-17%
-6%
-5%
-6%

Shareholding Pattern

As of Jun 2026
Public 68.85%
Promoters 30.34%
DIIs 0.78%
FIIs 0.03%
Total 100.00%
  Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters
33.29%
33.29%
33.29%
32.47%
33.98%
33.86%
30.46%
30.40%
30.35%
30.35%
30.35%
30.34%
FIIs
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
1.95%
0.16%
0.16%
0.16%
0.16%
0.15%
0.13%
0.13%
0.78%
0.78%
0.78%
0.78%
Public
63.27%
65.94%
66.14%
67.07%
65.59%
65.71%
69.18%
69.34%
68.70%
68.70%
68.82%
68.85%
No. of Shareholders
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 (GLOBOFFS) listed?
Garware Offshore Services Ltd is listed on the Indian stock exchanges. It is listed on BSE: 501848. 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.
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]

Website globaloffshore.in
Face Value ₹ 10

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