Global Offshore Services Ltd

₹ 44.9 -4.57%
05 Aug - close price
About

Global Offshore Services is engaged in the business of chartering out offshore support vessels. (Source : 201903 Annual Report Page No:42)

  • Market Cap 111 Cr.
  • Current Price 44.9
  • High / Low 66.0 / 24.3
  • Stock P/E
  • Book Value 19.2
  • Dividend Yield 0.00 %
  • ROCE -5.56 %
  • ROE -58.5 %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -13.6% over past five years.
  • Promoter holding is low: 33.1%
  • Company has a low return on equity of -27.7% for last 3 years.
  • Company might be capitalizing the interest cost

* 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: Shipping Industry: Shipping

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022
17 15 18 19 19 16 13 15 17 13 10 11 14
14 12 15 12 10 10 13 12 12 11 12 11 12
Operating Profit 3 3 3 7 9 7 0 3 5 2 -3 -0 2
OPM % 16% 21% 18% 36% 48% 42% 3% 22% 29% 14% -26% -1% 13%
-11 -0 -10 -3 -27 -1 13 4 -3 -6 1 -2 -9
Interest 7 6 6 6 6 5 5 4 4 4 5 5 5
Depreciation 6 6 6 6 6 6 6 7 7 6 11 6 5
Profit before tax -20 -10 -19 -9 -30 -5 2 -4 -9 -14 -17 -13 -18
Tax % 0% -0% -0% -1% 7% -1% 2% -1% -5% -0% -0% -0% -1%
Net Profit -20 -10 -19 -9 -28 -5 2 -4 -9 -15 -17 -13 -18
EPS in Rs -8.23 -3.94 -7.51 -3.54 -11.22 -2.18 0.77 -1.74 -3.81 -5.87 -6.85 -5.16 -7.21

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
170 153 177 131 90 160 98 76 65 71 61 47
73 68 75 73 46 89 66 64 50 48 46 46
Operating Profit 97 85 102 59 44 71 33 12 15 23 16 1
OPM % 57% 56% 58% 45% 49% 44% 33% 16% 23% 32% 25% 2%
2 2 3 4 2 0 15 -119 -36 -40 12 -16
Interest 26 24 23 16 9 19 20 21 27 25 18 19
Depreciation 34 30 23 23 13 22 23 24 23 24 26 28
Profit before tax 39 33 59 24 23 30 5 -152 -72 -67 -17 -62
Tax % -2% 1% 14% 3% 8% 1% 5% 0% -0% 3% -3% -0%
Net Profit 40 33 50 23 21 30 4 -152 -72 -65 -17 -62
EPS in Rs 16.82 13.43 20.28 9.29 8.36 12.14 1.74 -61.31 -29.02 -26.22 -6.96 -25.09
Dividend Payout % 14% 18% 12% 13% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -11%
5 Years: -14%
3 Years: -10%
TTM: -23%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: -11%
TTM: -60%
Stock Price CAGR
10 Years: -4%
5 Years: 6%
3 Years: 93%
1 Year: 34%
Return on Equity
10 Years: -2%
5 Years: -18%
3 Years: -28%
Last Year: -58%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
24 24 25 25 25 25 25 25 25 25 25 25
Reserves 270 254 322 319 354 386 390 238 167 102 85 23
400 427 343 334 298 401 376 370 389 417 403 408
21 24 31 31 31 20 25 46 62 94 106 128
Total Liabilities 715 730 721 709 708 832 816 679 642 638 618 584
548 539 502 436 403 545 519 492 463 451 453 429
CWIP 0 0 2 0 5 0 0 0 0 0 0 0
Investments 16 93 112 156 205 205 205 113 113 113 113 113
151 98 105 117 95 82 93 73 66 73 52 41
Total Assets 715 730 721 709 708 832 816 679 642 638 618 584

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
42 136 44 52 45 66 48 7 12 25 11 11
107 -107 36 -5 -9 -159 -13 -1 -8 -12 -4 -5
-132 -47 -76 -54 -23 87 -40 -4 -4 -7 -6 -2
Net Cash Flow 17 -19 4 -7 13 -6 -5 2 -1 5 1 4

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 51 81 75 137 104 64 81 64 60 70 92 65
Inventory Days
Days Payable
Cash Conversion Cycle 51 81 75 137 104 64 81 64 60 70 92 65
Working Capital Days 100 10 6 76 12 9 -33 -451 -984 -1,426 -2,172 -763
ROCE % 9% 8% 12% 6% 5% 7% 1% -1% -1% -0% -2% -6%

Shareholding Pattern

Numbers in percentages

12 recently
Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
33.06 33.06 33.10 33.10 33.10 33.12 33.29 33.29 33.29 33.29 33.29 33.10
0.57 0.57 0.57 0.57 0.57 0.57 0.57 0.57 0.57 0.93 1.06 1.28
5.25 5.26 5.25 5.25 5.25 5.25 5.25 5.25 5.25 5.25 5.25 5.24
61.11 61.10 61.08 61.08 61.08 61.06 60.89 60.89 60.89 60.53 60.41 60.37

Documents