Duke Offshore Ltd
Incorporated in 1985, Duke Offshore Ltd provides vessels for crew transfer and marine survey[1]
- Market Cap ₹ 15.3 Cr.
- Current Price ₹ 15.5
- High / Low ₹ 20.1 / 5.97
- Stock P/E
- Book Value ₹ 5.75
- Dividend Yield 0.00 %
- ROCE -19.3 %
- ROE -7.42 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company's working capital requirements have reduced from 148 days to 104 days
Cons
- Stock is trading at 2.70 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -21.1% over past five years.
- Company has a low return on equity of -25.3% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Oil Drill/Allied Industry: Oil Drilling / Allied Services
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
8.48 | 5.66 | 6.50 | 9.28 | 9.79 | 6.77 | 9.11 | 9.25 | 4.26 | 1.67 | 1.46 | 2.78 | 3.50 | |
2.74 | 2.54 | 2.89 | 4.96 | 5.49 | 3.79 | 5.66 | 5.51 | 3.74 | 2.75 | 3.55 | 3.21 | 3.60 | |
Operating Profit | 5.74 | 3.12 | 3.61 | 4.32 | 4.30 | 2.98 | 3.45 | 3.74 | 0.52 | -1.08 | -2.09 | -0.43 | -0.10 |
OPM % | 67.69% | 55.12% | 55.54% | 46.55% | 43.92% | 44.02% | 37.87% | 40.43% | 12.21% | -64.67% | -143.15% | -15.47% | -2.86% |
0.16 | 0.12 | 0.38 | 0.54 | 0.16 | 0.13 | 0.05 | 0.07 | -1.81 | 0.24 | 0.05 | 0.07 | 0.07 | |
Interest | 0.24 | 0.09 | 0.03 | 0.15 | -0.00 | 0.33 | 0.98 | 1.10 | 0.93 | 0.06 | 0.05 | 0.03 | 0.03 |
Depreciation | 1.05 | 1.20 | 1.08 | 0.74 | 0.77 | 1.15 | 1.81 | 2.01 | 1.76 | 1.37 | 1.82 | 0.89 | 0.95 |
Profit before tax | 4.61 | 1.95 | 2.88 | 3.97 | 3.69 | 1.63 | 0.71 | 0.70 | -3.98 | -2.27 | -3.91 | -1.28 | -1.01 |
Tax % | 30.59% | 32.31% | 33.68% | 36.78% | 33.88% | 30.67% | 129.58% | 20.00% | 32.41% | 13.22% | -5.12% | 64.84% | |
3.19 | 1.31 | 1.90 | 2.51 | 2.44 | 1.13 | -0.21 | 0.57 | -2.69 | -1.97 | -4.11 | -0.45 | -1.00 | |
EPS in Rs | 3.22 | 1.32 | 1.92 | 2.54 | 2.46 | 1.14 | -0.21 | 0.58 | -2.73 | -2.00 | -4.17 | -0.46 | -1.02 |
Dividend Payout % | 7.81% | 9.50% | -0.00% | 9.92% | 6.12% | 44.07% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -7% |
5 Years: | -21% |
3 Years: | -13% |
TTM: | 25% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 12% |
TTM: | 11% |
Stock Price CAGR | |
---|---|
10 Years: | 7% |
5 Years: | -6% |
3 Years: | 20% |
1 Year: | 146% |
Return on Equity | |
---|---|
10 Years: | 1% |
5 Years: | -12% |
3 Years: | -25% |
Last Year: | -7% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 4.98 | 4.98 | 4.98 | 4.98 | 4.98 | 4.98 | 4.98 | 9.91 | 9.91 | 9.91 | 9.91 | 9.91 | 9.91 |
Reserves | 0.99 | 2.16 | 4.06 | 6.31 | 8.60 | 10.31 | 9.50 | 5.14 | 2.45 | 0.48 | -3.62 | -4.07 | -4.36 |
2.26 | 0.36 | 0.83 | -0.00 | -0.00 | 9.55 | 10.18 | 8.34 | 0.73 | 0.60 | 0.47 | 0.33 | 0.26 | |
1.27 | 0.83 | 0.80 | 2.06 | 3.42 | 2.76 | 3.96 | 2.69 | 1.14 | 0.70 | 0.39 | 1.13 | 0.56 | |
Total Liabilities | 9.50 | 8.33 | 10.67 | 13.35 | 17.00 | 27.60 | 28.62 | 26.08 | 14.23 | 11.69 | 7.15 | 7.30 | 6.37 |
5.94 | 5.22 | 4.55 | 8.14 | 7.52 | 21.38 | 23.69 | 21.59 | 7.63 | 6.43 | 5.10 | 4.45 | 4.31 | |
CWIP | -0.00 | -0.00 | 4.58 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.89 | 0.86 | -0.00 | -0.00 | -0.00 |
Investments | 0.05 | 0.05 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
3.51 | 3.06 | 1.54 | 5.21 | 9.48 | 6.22 | 4.93 | 4.49 | 5.71 | 4.40 | 2.05 | 2.85 | 2.06 | |
Total Assets | 9.50 | 8.33 | 10.67 | 13.35 | 17.00 | 27.60 | 28.62 | 26.08 | 14.23 | 11.69 | 7.15 | 7.30 | 6.37 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
3.27 | 2.24 | 3.00 | 5.23 | 4.66 | 2.33 | 3.60 | 3.42 | 0.94 | -0.39 | -2.32 | 0.12 | |
-2.29 | -0.90 | -4.52 | -4.33 | -0.11 | -14.21 | -4.08 | 1.33 | 9.41 | 0.05 | -0.45 | -0.24 | |
-0.03 | -1.98 | 0.49 | -0.98 | -0.26 | 9.19 | -0.94 | -2.95 | -8.53 | -0.18 | -0.19 | -0.18 | |
Net Cash Flow | 0.95 | -0.64 | -1.03 | -0.08 | 4.29 | -2.68 | -1.42 | 1.80 | 1.82 | -0.52 | -2.96 | -0.30 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 56.82 | 36.76 | 30.32 | 85.35 | 123.78 | 141.26 | 94.15 | 43.80 | 43.70 | 69.94 | 200.00 | 129.98 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 56.82 | 36.76 | 30.32 | 85.35 | 123.78 | 141.26 | 94.15 | 43.80 | 43.70 | 69.94 | 200.00 | 129.98 |
Working Capital Days | 14.20 | 36.76 | 30.32 | 134.91 | 82.40 | 86.26 | 43.67 | 43.80 | 62.55 | 30.60 | 310.00 | 103.72 |
ROCE % | 71.59% | 25.56% | 33.97% | 33.84% | 29.67% | 10.20% | 6.83% | 7.28% | -5.87% | -18.36% | -43.49% | -19.33% |
Documents
Announcements
- Certificate Under Regulation 40 (9) Of The SEBI (LODR) Regulations For The Year And Quarter Ended 31St March, 2024 17 Apr
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Compliance Certificate For The Year Ended 31St March, 2024
17 Apr - Compliance Certificate under Regulation 7(3) of SEBI (LODR) Regulation, 2015 for the Year ended 31st March, 2024
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Compliances-Reg.24(A)-Annual Secretarial Compliance
17 Apr - Non applicability of annual secretarial compliance report for the year Ended 31st March, 2024
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
17 Apr - Submission of Confirmation Certificate in the matter of regulation 74 (5) of SEBI (Depositories and participants) Regulation, 2018 for the quarter and year ended 31st …
- Closure of Trading Window 1 Apr
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Business Overview:[1]
Company specializes in marine security business and plans to expand its fleet with addition of new clients. Company also provides vessels for crew transfer and marine survey and plans to diversify into shore-based infrastructure projects not limited to oil, gas and water