Duke Offshore

What does Duke Offshore do?

Duke Offshore Ltd is a micro-cap company in the oil industry that provides crew transfer and marine survey services. As of December 2024, it reported a net profit of -1 Cr and has a market cap of Rs 16 Cr.

Overview:<BR>Duke Offshore Ltd is a micro-cap company in the oil industry that provides vessels for crew transfer and marine survey services.<BR><BR>History:<BR>Duke Offshore was incorporated as a private limited company in December 1985 and converted into a public limited company in September 1994. The latest quarterly results reported are for December 2024, showing a net profit.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: -1 Cr (Quarterly Results - Dec 2024)<BR>Market-cap value: Rs 16 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A<BR>Industry P/E: 19<BR>Dividend Yield: 0.00%<BR>Debt-Equity: -0.08<BR>Return on Equity: -18.06%<BR>Price-to-Book: 2.52<BR><BR>Contact Details:<BR>Address: 403 Urvashi Hsg Society Ltd, Prabhadevi Opp Sayani Road Mumbai Maharashtra : 400025<BR>Phone: 91-22-24221225 / 24365789<BR>Email: info@dukeoffshore.com<BR>Website: http://www.dukeoffshore.com

Who are in the management team of Duke Offshore?

As of March 2022, the management team of Duke Offshore includes Avik Duke (Chairman & Managing Director), Sujay Nitin Kantawala, Pranay Mehta (both Non-Executive & Independent Directors), Vipul Patel (Executive Director), Revati Ganesh Pambala (Independent Director), and Priyanka (Company Secretary & Compliance Officer). Avik Duke is the key figure in the leadership.

As of March 2022, the management team of Duke Offshore includes:<BR><BR>1. Avik Duke - Chairman & Managing Director<BR>2. Sujay Nitin Kantawala - Non-Executive & Independent Director<BR>3. Pranay Mehta - Non-Executive & Independent Director<BR>4. Vipul Patel - Executive Director<BR>5. Revati Ganesh Pambala - Independent Director<BR>6. Priyanka - Company Secretary & Compliance Officer<BR><BR>Avik Duke is the key figure as the Chairman and Managing Director, while the other members serve in various independent and executive roles.

What is the bonus history of the Duke Offshore?

Duke Offshore announced a 1:1 bonus issue on October 26, 2018, with a record date of October 29, 2018, effectively doubling shareholders' holdings.

Duke Offshore has a bonus history that includes a 1:1 bonus issue announced on October 26, 2018. The record date for this bonus was October 29, 2018. This means that for every share held, shareholders received an additional share, effectively doubling their holdings at that time. If you have any more questions about Duke Offshore or need further details, feel free to ask!

Has Duke Offshore declared dividend?

Duke Offshore Ltd has declared a 10% dividend, amounting to 1 per share, but the dividend yield is 0%. Despite no dividend income, the company has shown significant price appreciation over various periods, particularly in the long term.

Duke Offshore Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1 per share<BR>- Ex-date: Sep-19-2017<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -16.45%, the dividend return was 0%, resulting in a total return of -16.45%.<BR><BR>For the 1-year period, the price return was 0.86%, the dividend return was 0%, leading to a total return of 0.86%.<BR><BR>Over the 2-year period, the price return was 153.87%, with a dividend return of 0%, resulting in a total return of 153.87%.<BR><BR>In the 3-year period, the price return was 76.34%, the dividend return was 0%, culminating in a total return of 76.34%.<BR><BR>For the 4-year period, the price return was 40.17%, with a dividend return of 0%, resulting in a total return of 40.17%.<BR><BR>In the 5-year period, the price return was 238.14%, the dividend return was 0%, leading to a total return of 238.14%.<BR><BR>Overall, while Duke Offshore Ltd has declared a dividend, the dividend yield is 0%, indicating no additional income from dividends in recent periods. The total returns over various periods show significant price appreciation, particularly over the longer term, despite the absence of dividends in those periods.

Who are the peers of the Duke Offshore?

Duke Offshore's peers include Reliance Industries, ONGC, IOC, BPCL, HPCL, Oil India, MRPL, Castrol India, and CPCL. In terms of management risk, growth, and capital structure, ONGC and Castrol India show excellent performance, while Duke Offshore has below-average growth and capital structure.

Peers: The peers of Duke Offshore are Reliance Industr, ONGC, I O C L, B P C L, HPCL, Oil India, MRPL, Castrol India, C P C L.<BR><BR>Quality Snapshot: Excellent management risk is observed at ONGC and Castrol India, while Good management risk is found at I O C L, B P C L, HPCL, Oil India, and C P C L, and Average management risk is noted at Reliance Industr and MRPL. Growth is Excellent for ONGC, I O C L, B P C L, HPCL, Oil India, MRPL, and C P C L, while Good growth is seen at Reliance Industr, and Below Average growth is present at Duke Offshore and Castrol India. For Capital Structure, Excellent is noted at Castrol India, Good at ONGC and Oil India, Average at I O C L, B P C L, C P C L, and Reliance Industr, and Below Average at HPCL, MRPL, and Duke Offshore.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Castrol India at 14.83%, while MRPL has the lowest at -33.56%. Duke Offshore's 1-year return of 8.49% is higher than that of MRPL but lower than Castrol India. Additionally, the six-month returns are negative for ONGC, Oil India, MRPL, and Duke Offshore.

Is Duke Offshore overvalued or undervalued?

As of August 16, 2024, Duke Offshore is considered overvalued with a risky valuation grade, reflected by a negative PE ratio of -14.37, an EV to EBITDA of -15.59, and a YTD decline of 6.12%, contrasting sharply with peers like Reliance Industries and ONGC.

As of 16 August 2024, Duke Offshore's valuation grade has moved from very expensive to risky, indicating a significant shift in its perceived value. The company is currently considered overvalued. Key ratios include a PE ratio of -14.37, an EV to EBITDA of -15.59, and a ROE of -18.06%. <BR><BR>In comparison to its peers, Reliance Industries has a fair PE ratio of 28.05, while ONGC stands out with a very attractive PE of 8.31. Duke Offshore's negative ratios and poor returns, particularly a YTD decline of 6.12% compared to the Sensex's gain of 5.65%, reinforce the notion that it is overvalued in the current market environment.

What is the technical trend for Duke Offshore?

As of May 29, 2025, Duke Offshore's technical trend is mildly bearish, influenced by bearish moving averages and Bollinger Bands, despite mixed signals from the MACD and KST indicators.

As of 29 May 2025, the technical trend for Duke Offshore has changed from sideways to mildly bearish. The weekly MACD indicates a mildly bullish stance, but the monthly MACD is mildly bearish, suggesting mixed signals across time frames. The Bollinger Bands are bearish on both weekly and monthly charts, reinforcing the bearish outlook. Daily moving averages are also bearish, contributing to the overall negative sentiment. The KST shows a mildly bullish trend on the weekly but is mildly bearish monthly, while Dow Theory indicates a mildly bullish trend weekly with no trend monthly. Overall, the current technical stance is mildly bearish, driven primarily by the bearish moving averages and Bollinger Bands.

Who are the top shareholders of the Duke Offshore?

The top shareholder of Duke Offshore is George Albert Duke, who owns 51.25% of the company. The highest public shareholder is Mahendra Girdharilal Wadhwani at 1.68%, while individual investors hold a combined 26.41%.

The top shareholders of Duke Offshore are primarily the promoters, with George Albert Duke holding the largest stake at 51.25%. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares. The highest public shareholder is Mahendra Girdharilal Wadhwani, who owns 1.68%. Additionally, individual investors collectively hold 26.41% of the shares.

How big is Duke Offshore?

As of 24th July, Duke Offshore Ltd has a market capitalization of 17.00 Cr, with Net Sales of 1.38 Cr and a Net Profit loss of 1.12 Cr over the last four quarters. The company reported Shareholder's Funds of 7.08 Cr and Total Assets of 5.82 Cr as of March 2024.

As of 24th July, Duke Offshore Ltd has a market capitalization of 17.00 Cr, classifying it as a Micro Cap company.<BR><BR>For the latest four quarters, Duke Offshore reported Net Sales of 1.38 Cr. However, the company experienced a loss of 1.12 Cr in Net Profit during the same period.<BR><BR>As of March 2024, the company reported Shareholder's Funds of 7.08 Cr and Total Assets amounting to 5.82 Cr.

When is the next results date for Duke Offshore?

The next results date for Duke Offshore is 14 August 2025.

The next results date for Duke Offshore is scheduled for 14 August 2025.

Are Duke Offshore latest results good or bad?

Duke Offshore's latest results are mixed; while operating profit and profit before tax showed slight improvements, the company reported a 100% decline in net sales and a significant drop in operating cash flow, leading analysts to rate its stock as a 'Strong Sell'. Overall, the financial health remains concerning, indicating ongoing struggles.

Duke Offshore's latest results can be characterized as mixed, with some signs of improvement but significant challenges remaining. The company reported flat financial performance, with its operating profit (PBDIT) reaching Rs -0.36 crore, which is the highest it has been in the last five quarters. Similarly, the profit before tax (PBT) improved to Rs -0.47 crore, also the best figure in that timeframe.<BR><BR>However, the overall picture is concerning. The net sales saw a drastic decline of 100% year-over-year, indicating that the company did not generate any revenue in the latest quarter. While the standalone net profit showed a relative improvement with a decrease of 66.67% compared to a much larger decline in the previous year, it still reflects ongoing financial difficulties.<BR><BR>Additionally, the annual operating cash flow has fallen to Rs -0.34 crore, marking the lowest level in the past three years, which suggests that cash revenues from business operations are declining. The company’s stock is rated as a 'Strong Sell', indicating a lack of confidence among analysts regarding its future performance.<BR><BR>In summary, while there are some positive indicators, the overall financial health of Duke Offshore remains precarious, and the results are more indicative of ongoing struggles rather than a turnaround.

Should I buy, sell or hold Duke Offshore?

How has been the historical performance of Duke Offshore?

Duke Offshore has experienced a significant decline in financial performance, with net sales dropping from 9.25 Cr in March 2019 to 0.07 Cr in March 2025, and operating profit shifting from a profit of 3.82 Cr to a loss of 1.72 Cr during the same period. Total assets and cash flow have also decreased markedly, indicating a downturn in the company's overall financial health.

Answer:<BR>The historical performance of Duke Offshore shows significant fluctuations in its financial metrics over the years.<BR><BR>Breakdown:<BR>Duke Offshore's net sales have seen a dramatic decline from 9.25 Cr in March 2019 to just 0.07 Cr in March 2025. Total operating income followed a similar trend, decreasing from 9.25 Cr in March 2019 to 0.07 Cr in March 2025. The company has consistently reported zero other operating income throughout these years. Total expenditure, excluding depreciation, has also decreased from 5.50 Cr in March 2019 to 2.46 Cr in March 2025. Operating profit (PBDIT) has shifted from a profit of 3.82 Cr in March 2019 to a loss of 1.72 Cr in March 2025. Profit before tax has followed suit, moving from a profit of 0.70 Cr in March 2019 to a loss of 2.20 Cr in March 2025. Profit after tax has similarly declined from a profit of 0.57 Cr in March 2019 to a loss of 2.20 Cr in March 2025. The company's total assets have decreased from 14.22 Cr in March 2020 to 3.60 Cr in March 2025, while total liabilities have also reduced from 11.69 Cr in March 2021 to 3.60 Cr in March 2025. Cash flow from operating activities has been non-existent in recent years, with the last recorded cash flow from operating activities being a negative 2.00 Cr in March 2022. Overall, Duke Offshore has experienced a significant downturn in its financial performance over the years.

Why is Duke Offshore Ltd falling/rising?

As of 02-Feb, Duke Offshore Ltd's stock price is rising to 16.18, reflecting a 0.31% increase. This upward trend is supported by a total return of 4.66% over the last three days and increased investor interest, as evidenced by a significant rise in delivery volume.

As of 02-Feb, Duke Offshore Ltd's stock price is rising, currently at 16.18, with a change of 0.05 (0.31%) upward. This increase can be attributed to several factors. The stock has been on a positive trend, gaining for the last three days and achieving a total return of 4.66% during this period. Additionally, the stock has outperformed the benchmark Sensex over the past week, with a significant increase of 15.00% compared to the Sensex's modest gain of 0.16%.<BR><BR>Investor participation has also increased, as indicated by a rise in delivery volume of 6.39k on February 1, which is up by 29.57% against the five-day average. This suggests growing interest and confidence among investors in Duke Offshore Ltd. Furthermore, the performance of the Oil Exploration/Refineries sector, which has gained by 2.64%, may also be positively influencing the stock's price movement.<BR><BR>While the stock is currently underperforming its sector by 2.35% and has mixed performance over longer periods, the recent gains and increased trading activity indicate a positive sentiment surrounding Duke Offshore Ltd at this time.

Which are the latest news on Duke Offshore?