Duke Offshore Ltd
Incorporated in 1985, Duke Offshore Ltd is in the marine offshore business and related activities.[1]
- Market Cap ₹ 19.2 Cr.
- Current Price ₹ 19.5
- High / Low ₹ 32.9 / 13.1
- Stock P/E
- Book Value ₹ 4.26
- Dividend Yield 0.00 %
- ROCE -13.1 %
- ROE -14.4 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Stock is trading at 4.57 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of -7.44% 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
Energy Oil, Gas & Consumable Fuels Oil Oil Equipment & Services
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 9.28 | 9.79 | 6.77 | 9.11 | 9.25 | 4.26 | 1.67 | 1.46 | 2.78 | 4.14 | 0.07 | 0.00 | |
| 4.96 | 5.49 | 3.79 | 5.66 | 5.51 | 3.74 | 2.75 | 3.55 | 3.21 | 2.94 | 2.11 | 1.66 | |
| Operating Profit | 4.32 | 4.30 | 2.98 | 3.45 | 3.74 | 0.52 | -1.08 | -2.09 | -0.43 | 1.20 | -2.04 | -1.66 |
| OPM % | 46.55% | 43.92% | 44.02% | 37.87% | 40.43% | 12.21% | -64.67% | -143.15% | -15.47% | 28.99% | -2,914.29% | |
| 0.54 | 0.16 | 0.13 | 0.05 | 0.07 | -1.81 | 0.24 | 0.05 | 0.07 | 0.01 | 0.32 | 1.55 | |
| Interest | 0.15 | 0.00 | 0.33 | 0.98 | 1.10 | 0.93 | 0.06 | 0.05 | 0.03 | 0.02 | 0.01 | 0.02 |
| Depreciation | 0.74 | 0.77 | 1.15 | 1.81 | 2.01 | 1.76 | 1.37 | 1.82 | 0.89 | 0.82 | 0.47 | 0.51 |
| Profit before tax | 3.97 | 3.69 | 1.63 | 0.71 | 0.70 | -3.98 | -2.27 | -3.91 | -1.28 | 0.37 | -2.20 | -0.64 |
| Tax % | 36.78% | 33.88% | 30.67% | 129.58% | 20.00% | -32.41% | -13.22% | 5.12% | -64.84% | -235.14% | 0.00% | 0.00% |
| 2.51 | 2.44 | 1.13 | -0.21 | 0.57 | -2.69 | -1.97 | -4.11 | -0.45 | 1.24 | -2.20 | -0.65 | |
| EPS in Rs | 2.54 | 2.46 | 1.14 | -0.21 | 0.58 | -2.73 | -2.00 | -4.17 | -0.46 | 1.26 | -2.23 | -0.66 |
| Dividend Payout % | 9.92% | 6.12% | 44.07% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -100% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 11% |
| 3 Years: | -18% |
| TTM: | 65% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -4% |
| 5 Years: | 7% |
| 3 Years: | 44% |
| 1 Year: | 13% |
| Return on Equity | |
|---|---|
| 10 Years: | -7% |
| 5 Years: | -19% |
| 3 Years: | -7% |
| Last Year: | -14% |
Balance Sheet
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.98 | 4.98 | 4.98 | 4.98 | 9.91 | 9.91 | 9.91 | 9.91 | 9.91 | 9.91 | 9.91 | 9.91 |
| Reserves | 6.31 | 8.60 | 10.31 | 9.50 | 5.14 | 2.45 | 0.48 | -3.62 | -4.07 | -2.83 | -5.07 | -5.71 |
| 0.00 | 0.00 | 9.55 | 10.18 | 8.34 | 0.73 | 0.60 | 0.47 | 0.33 | 0.17 | 0.16 | 0.25 | |
| 2.06 | 3.42 | 2.76 | 3.96 | 2.69 | 1.14 | 0.70 | 0.39 | 1.13 | 0.31 | 0.35 | 0.28 | |
| Total Liabilities | 13.35 | 17.00 | 27.60 | 28.62 | 26.08 | 14.23 | 11.69 | 7.15 | 7.30 | 7.56 | 5.35 | 4.73 |
| 8.14 | 7.52 | 21.38 | 23.69 | 21.59 | 7.63 | 6.43 | 5.10 | 4.45 | 3.96 | 3.13 | 2.66 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.89 | 0.86 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.15 | 0.00 |
| 5.21 | 9.48 | 6.22 | 4.93 | 4.49 | 5.71 | 4.40 | 2.05 | 2.85 | 3.60 | 2.07 | 2.07 | |
| Total Assets | 13.35 | 17.00 | 27.60 | 28.62 | 26.08 | 14.23 | 11.69 | 7.15 | 7.30 | 7.56 | 5.35 | 4.73 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5.23 | 4.66 | 2.33 | 3.60 | 3.42 | 0.94 | -0.39 | -2.32 | 0.12 | 0.12 | -0.34 | -0.16 | |
| -4.33 | -0.11 | -14.21 | -4.08 | 1.33 | 9.41 | 0.05 | -0.45 | -0.24 | -0.24 | -0.10 | 0.50 | |
| -0.98 | -0.26 | 9.19 | -0.94 | -2.95 | -8.53 | -0.18 | -0.19 | -0.18 | -0.18 | -0.01 | -0.23 | |
| Net Cash Flow | -0.08 | 4.29 | -2.68 | -1.42 | 1.80 | 1.82 | -0.52 | -2.96 | -0.30 | -0.30 | -0.46 | 0.12 |
| Free Cash Flow | 0.90 | 4.51 | -11.97 | -0.53 | 3.09 | -0.49 | -0.53 | -2.80 | -0.12 | -0.12 | -0.29 | 0.18 |
| CFO/OP | 135% | 140% | 94% | 118% | 104% | 144% | 79% | 110% | -33% | 12% | 20% | 10% |
Ratios
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 85.35 | 123.78 | 141.26 | 94.15 | 43.80 | 43.70 | 69.94 | 200.00 | 129.98 | 95.22 | 0.00 | |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 85.35 | 123.78 | 141.26 | 94.15 | 43.80 | 43.70 | 69.94 | 200.00 | 129.98 | 95.22 | 0.00 | |
| Working Capital Days | 134.91 | 82.40 | 34.51 | -35.66 | -37.88 | 52.27 | 2.19 | 270.00 | 82.72 | 81.99 | 208.57 | |
| ROCE % | 33.84% | 29.67% | 10.20% | 6.83% | 7.28% | -5.87% | -18.36% | -43.49% | -19.33% | 5.81% | -30.04% | -13.14% |
Insights
In beta| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Gross Block of Marine Assets (Ships, Vessels, and Speed Boats) INR Lakhs |
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| Net Capital Turnover Ratio Ratio |
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| Number of Permanent Employees Number |
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Extracted by Screener AI
Documents
Announcements
-
Disclosure under Regulation 30A of LODR
11 Jun - Promoters signed SPA on June 11, 2026 to sell 70.61% stake at Rs 30 per share; open offer follows.
-
Announcement under Regulation 30 (LODR)-Open Offer - Updates
11 Jun - Promoters signed 11 June 2026 SPA to sell 70.61% stake at Rs 30/share; open offer to follow.
-
Open Offer - Public Announcement
11 Jun - Aspect Global Ventures launches ₹30/share open offer for 26% of Duke Offshore; SPA for 70.61% signed June 11, 2026.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 1 Jun
-
Result Financial Result For 31, March 2026
30 May - Board approved audited FY2026 standalone results on 30 May 2026; auditors issued unmodified opinion.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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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
from bse
Business Overview:[1]
DOL is an Indian marine multinational company.
It operates in the near-shore marine services
segment in India, and has broadened its
service offerings to include vessel deployment for crew transfers and marine survey ops.