Global Offshore

how big is Global Offshore?

As of October 2023, Global Offshore Services Ltd has a market capitalization of 256.00 Cr and reported net sales of 32.75 Cr and net profit of 3.65 Cr over the latest four quarters. The company's shareholder's funds are 82.39 Cr, with total assets of 142.76 Cr as of March 2024.

Market Cap: Global Offshore Services Ltd has a market capitalization of 256.00 Cr, classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters, which includes data from Mar'25, Dec'24, Sep'24, and Jun'24, is 32.75 Cr. The sum of Net Profit for the same quarters is 3.65 Cr. This data is Consolidated.<BR><BR>Balance Sheet Snapshot: This is Consolidated data for the latest annual period ending in Mar'24. The Shareholder's Funds are reported at 82.39 Cr, and the Total Assets amount to 142.76 Cr.

Who are in the management team of Global Offshore?

As of March 2022, the management team of Global Offshore includes Maneesha Shah (Director), A C Chandarana (Company Secretary), A K Thanavala, S Y Mulani, and Faisy Viju (Independent Directors), Aditya Garware (Chairman), and Mukund Madhav Honkan (Whole-time Director). These individuals oversee the company's governance and operations.

As of March 2022, the management team of Global Offshore includes the following individuals:<BR><BR>1. Maneesha Shah - Director<BR>2. A C Chandarana - Company Secretary & Compliance Officer<BR>3. A K Thanavala - Independent Director<BR>4. S Y Mulani - Independent Director<BR>5. Aditya Garware - Chairman (Non-Executive)<BR>6. Mukund Madhav Honkan - Whole-time Director<BR>7. Faisy Viju - Independent Director<BR><BR>These members play various roles within the company, contributing to its governance and operational management.

What does Global Offshore do?

Global Offshore Services Ltd owns, operates, and charters offshore support vessels, categorized as a micro-cap company. As of March 2025, it reported net sales of 9 Cr and a net loss of 2 Cr, with a market cap of Rs 258 Cr.

Overview:<BR>Global Offshore Services Ltd is involved in owning, operating, and chartering offshore support vessels within the transport services industry, categorized as a micro-cap company.<BR><BR>History:<BR>Incorporated in September 1976, Global Offshore Services Limited was formerly known as Garware Shipping Corporation Limited. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 9 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: -2 Cr (Quarterly Results - Mar 2025)<BR>- Market-cap: Rs 258 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A (Loss Making)<BR>- Industry P/E: 8<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: -0.10<BR>- Return on Equity: -6.96%<BR>- Price to Book: 1.92<BR><BR>Contact Details:<BR>Address: 101 Swapnabhoomi A Wing, S K Bole Road Dadar (W) Mumbai Maharashtra : 400028<BR>Tel: 91-22-24234000<BR>Email: info@globaloffshore.in<BR>Website: http://www.globaloffshore.in

Has Global Offshore declared dividend?

Global Offshore Services Ltd has declared a 12% dividend, amounting to 1.2 per share, with an ex-date of September 16, 2014. However, the current dividend yield is 0%, and while there has been significant price appreciation over various periods, no recent dividends have been issued.

Global Offshore Services Ltd has declared a 12% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 12%<BR>- Amount per share: 1.2<BR>- Ex-date: 16 Sep 14<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -24.25%, with a dividend return of 0%, resulting in a total return of -24.25%.<BR><BR>For the 1-year period, the price return was 112.93%, with a dividend return of 0%, leading to a total return of 112.93%.<BR><BR>In the 2-year period, the price return was 133.67%, with a dividend return of 0%, yielding a total return of 133.67%.<BR><BR>During the 3-year period, the price return was 140.73%, with a dividend return of 0%, resulting in a total return of 140.73%.<BR><BR>In the 4-year period, the price return was 1185.05%, with a dividend return of 0%, leading to a total return of 1185.05%.<BR><BR>For the 5-year period, the price return was 2723.43%, with a dividend return of 0%, resulting in a total return of 2723.43%.<BR><BR>Overall, Global Offshore Services Ltd declared a dividend in the past, but the current dividend yield is 0%. The total returns over various periods indicate significant price appreciation, particularly over longer durations, despite the absence of recent dividends.

Who are the peers of the Global Offshore?

Global Offshore's peers include Container Corpn., Delhivery, Blue Dart Express, GE Shipping Co., S C I, Paradeep Pari., Zeal Global Serv, Maheshwari Logistics, and Kaushalya. Global Offshore has the highest 1-year return at 102.77%, while Container Corpn. has the lowest at -32.86%.

Peers: The peers of Global Offshore are Container Corpn., Delhivery, Blue Dart Expres, GE Shipping Co, S C I, Paradeep Pari., Zeal Global Serv, Maheshwari Logi., and Kaushalya.<BR><BR>Quality Snapshot: Excellent management risk is observed at Paradeep Pari. and Zeal Global Serv, while Good management risk is found at Blue Dart Expres and GE Shipping Co. Average management risk is seen at Container Corpn., S C I, and Maheshwari Logi., and the rest have Below Average management risk, including Delhivery, Global Offshore, Kaushalya, and Sadhav. Growth is Excellent at Paradeep Pari., Good at Delhivery, Blue Dart Expres, and GE Shipping Co., while Average growth is noted at S C I, and the rest, including Global Offshore, Container Corpn., Maheshwari Logi., Kaushalya, and Sadhav, have Below Average growth. Capital Structure is Excellent at Container Corpn. and GE Shipping Co., Good at Blue Dart Expres and S C I, Average at Paradeep Pari., and the rest, including Global Offshore, Delhivery, Maheshwari Logi., Kaushalya, and Sadhav, have Below Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Global Offshore at 102.77%, while the peer with the lowest is Container Corpn. at -32.86%. Global Offshore's return is significantly higher than all its peers. Additionally, peers with negative six-month returns include Container Corpn., Blue Dart Expres, GE Shipping Co, S C I, and Maheshwari Logi.

Is Global Offshore overvalued or undervalued?

As of April 25, 2023, Global Offshore is considered risky and overvalued with a PE ratio of -28.15 and an EV to EBITDA of 44.29, significantly lagging behind peers like GE Shipping Co and S C I, despite a strong 1-year stock return of 102.07%.

As of 25 April 2023, the valuation grade for Global Offshore has moved from does not qualify to risky, indicating a significant shift in the company's perceived financial health. The company is currently overvalued based on its financial metrics. Key ratios include a PE ratio of -28.15, an EV to EBITDA of 44.29, and a ROE of -6.96%. <BR><BR>In comparison to its peers, Global Offshore's metrics are concerning; for instance, GE Shipping Co has a PE ratio of 6.01 and an EV to EBITDA of 3.08, while S C I boasts a PE of 11.79 and an EV to EBITDA of 6.47. These comparisons highlight that Global Offshore is significantly lagging behind its competitors in terms of valuation. Additionally, despite a strong 1-year stock return of 102.07%, the overall financial indicators suggest that the stock is not justified at its current price of 99.70.

What is the technical trend for Global Offshore?

As of June 2, 2025, Global Offshore's technical trend is mildly bullish, supported by weekly MACD and Bollinger Bands, despite mixed signals from monthly indicators and daily moving averages.

As of 2 June 2025, the technical trend for Global Offshore has changed from mildly bearish to mildly bullish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains mildly bearish, suggesting mixed signals across time frames. The Bollinger Bands are bullish on both weekly and monthly charts, supporting the bullish outlook. However, daily moving averages are mildly bearish, which could temper the bullish sentiment. The KST is mildly bullish weekly and bullish monthly, reinforcing the positive trend. Dow Theory shows a mildly bullish stance weekly but is mildly bearish monthly, indicating a divergence in longer-term trends. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands.

Who are the top shareholders of the Global Offshore?

The top shareholders of Global Offshore include Sushma Ashok Garware with 7.93%, Shri Krishna Welfare Trust at 2.55%, and individual investors holding 45.66%. Additionally, mutual funds hold 0.1%, and foreign institutional investors have 0.23%, with no pledged promoter holdings reported.

The top shareholders of Global Offshore include Sushma Ashok Garware, who holds the highest promoter stake at 7.93%. The highest public shareholder is Shri Krishna Welfare Trust, with a holding of 2.55%. Additionally, individual investors collectively hold a significant portion of 45.66%. The company also has some mutual fund representation, with four schemes holding a total of 0.1%, and two foreign institutional investors (FIIs) holding 0.23%. There are no pledged promoter holdings reported.

How has been the historical performance of Global Offshore?

Global Offshore has experienced a significant decline in net sales and profitability from Mar'19 to Mar'25, with a recent recovery in operating profit and improved liquidity, despite fluctuating profit before and after tax. Total liabilities have decreased, indicating reduced debt levels.

Answer:<BR>The historical performance of Global Offshore shows a significant decline in net sales and profitability over the years, with a notable recovery in recent periods.<BR><BR>Breakdown:<BR>Global Offshore's net sales have decreased from 127.79 Cr in Mar'19 to 32.75 Cr in Mar'25, reflecting a downward trend in revenue generation. The total operating income followed a similar pattern, dropping from 127.79 Cr in Mar'19 to 32.75 Cr in Mar'25. Operating profit (PBDIT) exhibited volatility, with a peak of 26.54 Cr in Mar'20, followed by a significant downturn to -13.35 Cr in Mar'23, before recovering to 6.43 Cr in Mar'25. Profit before tax also fluctuated, reaching a high of 383.93 Cr in Mar'23, but falling to 3.73 Cr in Mar'25. The profit after tax mirrored this trend, decreasing from 315.67 Cr in Mar'23 to 3.65 Cr in Mar'25. The company's total liabilities decreased from 627.27 Cr in Mar'20 to 179.13 Cr in Mar'25, indicating a reduction in debt levels. Cash flow from operating activities showed a slight increase to 9.00 Cr in Mar'25, while cash and cash equivalents rose significantly to 43.34 Cr in the same period, suggesting improved liquidity. Overall, Global Offshore's financial performance reflects a challenging environment with recent signs of recovery.

When is the next results date for Global Offshore Services Ltd?

The next results date for Global Offshore Services Ltd is 12 February 2026.

The next results date for Global Offshore Services Ltd is scheduled for 12 February 2026.

Are Global Offshore Services Ltd latest results good or bad?

Global Offshore Services Ltd's latest results show strong revenue growth with net sales reaching ₹12.24 crores, but the company reported a net loss of ₹2.00 crores, indicating significant challenges due to rising costs and an inability to achieve profitability. Investors should be cautious given the mixed performance.

Global Offshore Services Ltd's latest results present a mixed picture. On one hand, the company achieved its highest quarterly net sales of ₹12.24 crores in Q3 FY26, reflecting a remarkable 81.60% increase quarter-on-quarter and a 50.55% increase year-on-year. This indicates strong revenue momentum and suggests some operational improvements.<BR><BR>However, the bottom line tells a different story. The company reported a net loss of ₹2.00 crores, a significant decline compared to a profit of ₹0.18 crores in the previous quarter. This represents a staggering drop of 1211.11% quarter-on-quarter and 120.88% year-on-year. The operating margin did improve to 35.87%, but this was overshadowed by a dramatic increase in interest costs, which surged 183.61% to ₹1.73 crores, consuming a substantial portion of the revenue.<BR><BR>Overall, while the revenue growth is a positive sign, the inability to translate this into profitability, combined with escalating costs and a deteriorating financial position, raises concerns about the sustainability of the company's business model. Investors should be cautious, as the results indicate significant challenges ahead.

Should I buy, sell or hold Global Offshore Services Ltd?

Why is Global Offshore Services Ltd falling/rising?

As of 30-Mar, the stock price of Global Offshore Services Ltd is at Rs 33.68, reflecting a significant decline of -11.88%. The company has reported negative results for three consecutive quarters, leading to weak fundamentals and a -65.10% return over the past year, contributing to the stock's downward trend.

As of 30-Mar, the stock price of Global Offshore Services Ltd is falling, currently at Rs 33.68, which reflects a change of -4.54 (-11.88%). The stock has been on a downward trend, having lost -22.96% over the past week and -30.91% over the past month. This decline is further exacerbated by the stock hitting a new 52-week low of Rs 31.36 today.<BR><BR>The company has reported negative results for the last three consecutive quarters, contributing to a weak long-term fundamental strength, evidenced by an average Return on Capital Employed (ROCE) of 0%. Additionally, the company's net sales have decreased at an annual rate of -17.80%, and its operating profit has fallen by -9.36% over the last five years. The high Debt to EBITDA ratio of -1.00 times indicates a low ability to service debt, further straining investor confidence.<BR><BR>Moreover, the stock has underperformed significantly compared to the broader market, with a staggering -65.10% return over the past year, while the market (BSE500) only saw a decline of -4.16%. The stock's performance today has also been characterized by high volatility, with an intraday volatility of 11.91%, and it has consistently traded below its moving averages across various time frames.<BR><BR>Overall, the combination of poor financial performance, high debt levels, and significant underperformance relative to the market are key factors driving the stock's decline.

Which are the latest news on Global Offshore?