Global Offshore Services Ltd

Global Offshore Services Ltd

₹ 99.0 0.28%
12 Jun 4:01 p.m.
About

Incorporated in 1976, Global Offshore Services Ltd is in the business of chartering offshore support vessels[1]

Key Points

Business Operations:[1][2]
Company's vessels support Oil and Gas Exploration efforts involving:
a) Transport of personnel to rigs /
platforms from onshore bases and
vice-versa.
b) Delivery of cargo/material to rigs/
platforms
c) Anchor handling operations
d) Towing of rigs from one location
to another.
e) Support to offshore / underwater
construction projects
f) Company’s vessels support oil and gas exploration activities and offshore projects
g) Platform Supply Vessels owned and operated by the company and its subsidiaries are deployed in India and West Africa
h) Company’s anchor handling tug cum supply vessels (AHTSV) are deployed in India and Brazil

  • Market Cap 260 Cr.
  • Current Price 99.0
  • High / Low 139 / 48.6
  • Stock P/E
  • Book Value 52.9
  • Dividend Yield 0.00 %
  • ROCE -4.53 %
  • ROE -6.93 %
  • Face Value 10.0

Pros

  • Company has reduced debt.

Cons

  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -3.40%
  • The company has delivered a poor sales growth of -14.3% over past five years.
  • Promoter holding is low: 30.5%
  • Company has a low return on equity of -14.6% 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
13.69 12.97 9.22 3.33 4.09 6.61 7.80 7.86 7.69 8.39 7.26 8.13 8.97
11.95 12.37 12.69 11.76 9.50 7.15 5.74 6.87 7.99 6.71 5.68 7.14 6.48
Operating Profit 1.74 0.60 -3.47 -8.43 -5.41 -0.54 2.06 0.99 -0.30 1.68 1.58 0.99 2.49
OPM % 12.71% 4.63% -37.64% -253.15% -132.27% -8.17% 26.41% 12.60% -3.90% 20.02% 21.76% 12.18% 27.76%
-8.98 -20.81 -0.53 -158.47 397.17 -2.77 -0.21 0.04 -103.96 0.04 0.05 0.05 0.60
Interest 5.16 6.96 0.84 0.90 -5.54 0.75 0.11 0.49 0.68 0.47 0.37 0.37 0.63
Depreciation 5.23 7.08 7.24 6.34 3.48 2.89 3.12 3.14 3.12 3.17 3.41 3.49 3.44
Profit before tax -17.63 -34.25 -12.08 -174.14 393.82 -6.95 -1.38 -2.60 -108.06 -1.92 -2.15 -2.82 -0.98
Tax % 1.19% 0.06% 0.17% 0.01% 0.33% 0.29% 1.45% 0.38% 1.78% 1.04% 0.93% 1.06% 2.04%
-17.84 -34.27 -12.10 -174.16 392.53 -6.97 -1.40 -2.61 -109.98 -1.94 -2.17 -2.85 -1.00
EPS in Rs -7.21 -13.86 -4.89 -70.43 158.73 -2.82 -0.57 -1.06 -44.47 -0.76 -0.83 -1.08 -0.38
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
131.23 89.92 159.79 98.49 76.26 64.82 70.80 61.20 47.35 29.61 29.96 32.75
72.65 46.06 88.81 65.86 63.95 50.14 48.28 45.69 46.41 46.27 27.71 26.02
Operating Profit 58.58 43.86 70.98 32.63 12.31 14.68 22.52 15.51 0.94 -16.66 2.25 6.73
OPM % 44.64% 48.78% 44.42% 33.13% 16.14% 22.65% 31.81% 25.34% 1.99% -56.26% 7.51% 20.55%
3.65 1.50 0.42 14.55 -118.82 -35.92 -40.31 12.30 -15.75 217.37 -106.90 0.74
Interest 15.83 9.46 18.79 20.04 21.41 27.07 24.60 18.07 18.72 3.23 2.07 1.84
Depreciation 22.74 13.36 22.39 22.59 23.69 23.42 24.32 26.41 28.24 24.14 12.27 13.51
Profit before tax 23.66 22.54 30.22 4.55 -151.61 -71.73 -66.71 -16.67 -61.77 173.34 -118.99 -7.88
Tax % 2.96% 8.21% 0.69% 5.05% 0.00% 0.06% -2.83% 3.30% 0.45% 0.78% 1.66% 1.02%
22.97 20.68 30.01 4.31 -151.62 -71.76 -64.83 -17.22 -62.05 172.00 -120.95 -7.96
EPS in Rs 9.29 8.36 12.14 1.74 -61.31 -29.02 -26.22 -6.96 -25.09 69.55 -48.91 -3.03
Dividend Payout % 12.92% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -10%
5 Years: -14%
3 Years: -12%
TTM: 9%
Compounded Profit Growth
10 Years: %
5 Years: 11%
3 Years: 22%
TTM: -19%
Stock Price CAGR
10 Years: -17%
5 Years: 90%
3 Years: 36%
1 Year: 100%
Return on Equity
10 Years: -10%
5 Years: -22%
3 Years: -15%
Last Year: -7%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 24.73 24.73 24.73 24.73 24.73 24.73 24.73 24.73 24.73 24.73 24.73 30.64
Reserves 318.51 354.47 386.10 390.08 238.46 166.73 102.04 84.82 22.88 194.85 73.90 108.37
334.37 298.18 401.03 375.96 369.86 388.52 417.31 396.91 408.39 39.14 23.99 17.26
31.40 30.97 19.96 25.45 45.64 62.05 93.76 105.97 128.25 26.04 18.80 12.45
Total Liabilities 709.01 708.35 831.82 816.22 678.69 642.03 637.84 612.43 584.25 284.76 141.42 168.72
435.87 403.44 544.80 518.86 492.27 462.77 451.33 452.79 429.49 128.79 120.12 115.62
CWIP 0.00 4.66 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 155.88 204.95 204.95 204.69 113.38 113.36 113.35 113.38 113.47 113.40 0.14 0.36
117.26 95.30 82.07 92.67 73.04 65.90 73.16 46.26 41.29 42.57 21.16 52.74
Total Assets 709.01 708.35 831.82 816.22 678.69 642.03 637.84 612.43 584.25 284.76 141.42 168.72

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
52.02 44.64 65.84 47.71 7.08 12.05 24.57 11.04 10.74 -1.01 12.53 -0.40
-4.69 -8.57 -158.90 -12.73 -0.89 -8.31 -12.25 -3.58 -4.73 66.02 11.97 -10.31
-54.49 -23.39 86.60 -39.79 -4.17 -4.33 -6.97 -11.96 -2.40 -69.29 -25.44 40.27
Net Cash Flow -7.16 12.68 -6.46 -4.82 2.02 -0.58 5.35 -4.50 3.61 -4.28 -0.94 29.56

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 137.18 104.20 64.00 81.09 64.28 59.86 69.60 92.20 65.45 44.50 55.92 58.96
Inventory Days
Days Payable
Cash Conversion Cycle 137.18 104.20 64.00 81.09 64.28 59.86 69.60 92.20 65.45 44.50 55.92 58.96
Working Capital Days 76.35 12.18 8.82 -33.21 -450.63 -984.35 -1,426.44 -405.32 -763.07 125.12 -40.08 39.12
ROCE % 5.76% 4.72% 6.58% 1.36% -1.38% -1.35% -0.16% -1.98% -5.62% -11.39% -1.22% -4.53%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
33.10% 33.29% 33.29% 33.29% 33.29% 33.29% 33.29% 33.29% 32.47% 33.98% 33.86% 30.46%
1.28% 1.58% 1.58% 1.58% 1.97% 1.50% 0.62% 0.41% 0.28% 0.27% 0.27% 0.23%
5.24% 5.24% 5.24% 4.00% 3.21% 1.95% 0.16% 0.16% 0.16% 0.16% 0.15% 0.13%
0.00% 0.00% 1.26% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
60.37% 59.89% 58.62% 61.13% 61.52% 63.27% 65.94% 66.14% 67.07% 65.59% 65.71% 69.18%
No. of Shareholders 18,93118,41918,12117,95917,81317,80517,85817,78217,99618,00217,89417,956

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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