GLOBOFFS

Garware Offshore Services Ltd.

BSE: 501848

Sector: Services

Industry Group: Transport Services

Industry: Shipping

50.34+0.3 (+0.68%)

26 Aug, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

9.7 / 100

Value Score

42.7 / 100

Price Momentum Score

11.4 / 100

QVM Score

6.5 / 100

Key Metrics

Market Cap

132.35

P/E (TTM)

P/B

1.06

P/S (TTM)

3.06

EV/EBITDA

14.21

CAPE (5Y)

2.08

ROE (TTM)

-7.17

ROCE (TTM)

-6.54

ROA (TTM)

-4.82

Avg 3Y ROE

17.13

Earnings 3Y CAGR

-26.52

Sales 3Y CAGR

-0.41

Sales 5Y CAGR

-11.06

Debt/Equity

0.52

Consensus TP

Strong Buy %

Promoter Holding

30.33

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Garware Offshore Services Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Strong revenue growth and above median growth of industry

The company delivered strong revenue growth of 51.13% for 12-month ended 30 Jun 2026 and the growth was 36.83 percentage points higher than median growth of industry

What is Sales growth (1Y)?

Median: 14.3

Value 51.13

-98.8360.32

Negative

Stock is fairly expensive with negative EPS on a trailing 12-month basis

Earnings yield of -7.75% indicates that the stock is very expensive and has a negative EPS on a trailing 12-month basis

What is Earnings yield (E/P)?

Weak price momentum

Price Momentum score of 11.4 indicates that the stock has weak price momentum. Research has shown that stocks with lower momentum continue to underperform in the near term

What is Price Momentum score?

11.4 / 100

Low and declining ROE

The company reported low ROE of -7.17% for 12-month ended 30 Jun 2026 and ROE declined by -1053 bps from 1 year ago

What is ROE (FY)?

Low EPS growth and lower than median growth of industry

The company delivered moderate EPS growth of -315.31% for 12-month ended 30 Jun 2026 and the growth was 322.47 percentage points lower than median growth of industry

What is EPS growth (1Y)?

Company's earnings are of low quality

Earnings quality score of 26.8 indicates that the company's earnings are of low quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

26.8 / 100

Low dividend yield

The company has a low dividend yield of 0.0%

What is Dividend yield?

Neutral

Low operating margin but improving trend

The company reported low operating margin of -17.57% for 12-month ended 30 Jun 2026 but operating margin improved by 2325 bps from 1 year ago

What is Operating profit margin?

Low Debt to Equity but increasing

The company has low Debt to Equity of 0.52 as on 30 Jun 2026 but Debt to Equity increased by 0.3 in the last 1 year

What is Debt to Equity?

Financial Snapshot

See detailed analysis

Multi-year trends for Garware Offshore Services Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Garware Offshore Services Ltd. Shareholding Pattern

Quarterly breakdown of Garware Offshore Services Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	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	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Total Promoter	33.10	33.10	33.10	33.12	33.29	33.29	33.29	33.29	33.29	33.10	33.28	33.28	33.28	33.28	33.28	33.28	33.29	32.47	33.98	33.86	30.46	30.39	30.35	30.35	30.36	30.33
Indian Promoter	25.17	25.17	25.17	25.17	25.30	25.30	25.30	25.30	25.30	25.12	25.30	25.30	25.30	25.30	25.30	25.30	25.30	24.55	26.23	26.18	22.81	22.76	22.73	22.73	22.74	22.72
Foreign Promoter	7.93	7.93	7.93	7.94	7.98	7.98	7.98	7.98	7.98	7.98	7.98	7.98	7.98	7.98	7.98	7.98	7.98	7.92	7.75	7.68	7.65	7.63	7.62	7.62	7.62	7.62
Institutions	5.82	5.82	5.82	5.82	5.82	5.82	5.82	6.18	6.31	6.52	6.82	8.09	5.58	5.19	3.45	0.78	0.57	0.44	0.43	0.42	0.36	0.27	0.94	0.94	0.81	0.81
Mutual Funds / UTI	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.11	0.10	0.10	0.10	0.10	0.10	0.10
FI/Bank/Insurance	5.13	5.13	5.13	5.13	5.13	5.13	5.13	5.13	5.13	5.13	5.12	5.12	3.88	3.09	1.83	0.04	0.04	0.04	0.04	0.04	0.03	0.03	0.03	0.03	0.03	0.03
Govt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.26	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	0.57	0.57	0.57	0.57	0.57	0.57	0.57	0.93	1.06	1.28	1.58	1.58	1.58	1.97	1.50	0.62	0.41	0.28	0.27	0.27	0.23	0.14	0.16	0.16	0.03	0.03
Other Institutions	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.65	0.65	0.65	0.65
Non-Institution	61.08	61.08	61.08	61.06	60.89	60.89	60.89	60.53	60.41	60.37	59.88	58.62	61.13	61.52	63.26	65.93	66.14	67.09	65.59	65.71	69.18	69.34	68.70	68.70	68.83	68.85
Bodies Corporate	7.40	7.37	7.45	7.43	7.08	7.12	7.84	7.76	8.46	8.34	8.48	8.66	9.21	9.23	9.43	10.23	10.14	12.31	11.95	13.34	14.24	14.03	11.88	11.62	12.60	12.25
Others (incl. Retail) No. of shareholders	53.68 20,636	53.71 20,602	53.63 20,401	53.63 20,225	53.81 19,689	53.77 19,480	53.05 19,268	52.77 18,901	51.95 18,973	52.03 18,743	51.40 18,236	49.96 17,937	51.92 17,787	52.29 17,639	53.83 17,629	55.70 17,682	56.00 17,605	54.78 17,806	53.64 17,818	52.37 17,702	54.94 17,758	55.31 17,791	56.82 17,693	57.08 17,585	56.23 17,403	56.60 17,397

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Garware Offshore Services Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
UNIVERSAL INVESTMENT SERVICES PVT. LTD. Promoter Group	January-2023	Market Sale (Disposal) 2nd Jan 2023	5.90 %	₹ 49.48	20.00 k	₹ 9.89 lac
SUSHMA ASHOK GARWARE Promoter Group	January-2023	Market Purchase (Acquisition) 2nd Jan 2023	7.15 %	₹ 49.48	20.00 k	₹ 9.89 lac
UNIVERSAL INVESTMENT SERVICES PVT. LTD. Promoter Group	December-2022	Market Sale (Disposal) 28th Dec 2022	5.99 %	₹ 51.86	21.00 k	₹ 10.89 lac
SUSHMA ASHOK GARWARE Promoter Group	December-2022	Market Purchase (Acquisition) 28th Dec 2022	7.07 %	₹ 51.86	21.00 k	₹ 10.89 lac
SUSHMA ASHOK GARWARE Promoter Group	December-2022	Market Purchase (Acquisition) 14th Dec 2022	6.99 %	₹ 52.71	19.00 k	₹ 10.01 lac
UNIVERSAL INVESTMENT SERVICES PVT. LTD. Promoter Group	December-2022	Market Sale (Disposal) 14th Dec 2022	6.07 %	₹ 52.71	19.00 k	₹ 10.01 lac
SUSHMA ASHOK GARWARE Promoter Group	September-2022	Market Purchase (Acquisition) 29th Sep 2022	6.89 %	₹ 56.45	25.00 k	₹ 14.11 lac
UNIVERSAL INVESTMENT SERVICES PVT. LTD. Promoter Group	September-2022	Market Sale (Disposal) 29th Sep 2022	6.18 %	₹ 56.45	25.00 k	₹ 14.11 lac
SUSHMA ASHOK GARWARE Promoter Group	July-2022	Market Purchase (Acquisition) 1st Jul 2022	6.71 %	₹ 34.84	45.00 k	₹ 15.68 lac
UNIVERSAL INVESTMENT SERVICES PVT. LTD. Promoter Group	July-2022	Market Sale (Disposal) 1st Jul 2022	6.35 %	₹ 34.84	45.00 k	₹ 15.68 lac

Corporate Actions

History of Garware Offshore Services Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 1.20/share
Record date: 17th Sep 2014Ex-date: 16th Sep 2014
Announced on: 29th May 2014
Dividend₹ 0.80/share
Record date: 27th Aug 2013Ex-date: 26th Aug 2013
Announced on: 30th May 2013
Dividend₹ 0.80/share
Record date: 11th Jun 2013Ex-date: 10th Jun 2013
Announced on: 3rd Jun 2013
Dividend₹ 0.80/share
Record date: 23rd Apr 2013Ex-date: 22nd Apr 2013
Announced on: 8th Apr 2013
Dividend₹ 0.70/share
Record date: 24th Sep 2012Ex-date: 21st Sep 2012
Announced on: 31st Jul 2012

Company Profile

Overview of Garware Offshore Services Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Garware Offshore Services Limited, formerly Global Offshore Services Limited, is engaged in the business of owning, operating and chartering offshore support vessels. The Company is engaged in providing offshore support services to exploration and production companies. Its vessels support oil and ga...

Key personnel

K. S. Dave

President - Commercial

A. C. Chandarana

Compliance Officer, Company Secretary

Z. R. Mehta

General Manager - Technical

Paras S. Shah

General Manager - Finance & Accounts

CAPT. K. P. KEKRE

HEAD - HSSE & TRAINING

N. S. Surve

Secretarial Officer

Shri. Aditya Ashok GarwareD

Executive Vice Chairman of the Board

Mr. Mukund Madhav HonkanD

Additional Whole Time-Director

View all

Incorporated on

20 Sep 1976

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

IPO date

03 May 2007

Free Float

1,74,94,911

Website

https://www.globaloffshore.in

Phone no.

+910225481800

Address

3rd Floor, Prospect Chambers, D. N. Road, Fort, MUMBAI, 400001, India

Frequently Asked Questions

What is the current share price of Garware Offshore Services Ltd.?

The current share price of Garware Offshore Services Ltd. is ₹ 50.34 as of 26 Aug 2026.

What is the market capitalisation of Garware Offshore Services Ltd.?

The market capitalisation of Garware Offshore Services Ltd. stands at ₹ 132.35 Cr.

What is the PE ratio of Garware Offshore Services Ltd.?

The Price-to-Earnings (PE) ratio of Garware Offshore Services Ltd. is - as of the latest trailing twelve months data.

What is the ROE and ROCE of Garware Offshore Services Ltd.?

Garware Offshore Services Ltd. has a Return on Equity (ROE) of -7.17% and a Return on Capital Employed (ROCE) of -6.54% as per the latest financial reports.

What is the 52-week high and low of Garware Offshore Services Ltd.?

The 52-week high of Garware Offshore Services Ltd. is - and the 52-week low is -.

What is the dividend yield of Garware Offshore Services Ltd.?

The dividend yield of Garware Offshore Services Ltd. is 0.00% based on the current market price.

What is the FII and DII holding in Garware Offshore Services Ltd.?

Foreign Institutional Investors (FII) hold 0.03%, Domestic Institutional Investors (DII) hold 0.13% and retail/public investors hold 56.60% of Garware Offshore Services Ltd. shares.

What sector does Garware Offshore Services Ltd. belong to?

Garware Offshore Services Ltd. operates in the Services sector.

What is the beta of Garware Offshore Services Ltd.?

The beta of Garware Offshore Services Ltd. is 1.12, indicating its price volatility relative to the broader market. Over the past 1 year, Garware Offshore Services Ltd. has delivered an absolute return of -30.14%.

What is the RSI of Garware Offshore Services Ltd.?

The 14-day Relative Strength Index (RSI) of Garware Offshore Services Ltd. is 57.54, placing it in the neutral zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

Garware Offshore Services Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Garware Offshore Services Ltd. Shareholding Pattern

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Stock Analysis

Company Profile

Corporate Actions