GLOBOFFS
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Forensics
Recent events
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Global Offshore Services Gets Contract For Vessel M. V. Mahanadi
Sept 22 (Reuters) - Global Offshore Services Ltd GLSH.BO:
CONTRACT FOR VESSEL M. V. MAHANADI
Source text: ID:nBSE4hcVBH
Further company coverage: GLSH.BO
Sept 22 (Reuters) - Global Offshore Services Ltd GLSH.BO:
CONTRACT FOR VESSEL M. V. MAHANADI
Source text: ID:nBSE4hcVBH
Further company coverage: GLSH.BO
India's Global Offshore Services hits near 8-yr high on fundraise plan
** Shares of Global Offshore Services GLSH.BO jump an exchange-allowed maximum of 5% to hit a near eight-year high of 104.49 rupees
** Co, which provides support services to oil exploration and production firms, says it will consider raising funds on Oct. 16
** GLSH set to rise for a fifth straight session, gaining 23% over the period
** Stock up ~78% YTD
(Reporting by Nishit Navin in Bengaluru)
** Shares of Global Offshore Services GLSH.BO jump an exchange-allowed maximum of 5% to hit a near eight-year high of 104.49 rupees
** Co, which provides support services to oil exploration and production firms, says it will consider raising funds on Oct. 16
** GLSH set to rise for a fifth straight session, gaining 23% over the period
** Stock up ~78% YTD
(Reporting by Nishit Navin in Bengaluru)
Global Offshore Services To Consider Raising Funds
Oct 11 (Reuters) - Global Offshore Services Ltd GLSH.BO:
GLOBAL OFFSHORE SERVICES - TO CONSIDER RAISING FUNDS
Source text for Eikon: ID:nBSE21WM08
Further company coverage: GLSH.BO
Oct 11 (Reuters) - Global Offshore Services Ltd GLSH.BO:
GLOBAL OFFSHORE SERVICES - TO CONSIDER RAISING FUNDS
Source text for Eikon: ID:nBSE21WM08
Further company coverage: GLSH.BO
Global Offshore Services Says Co's Step Down Subsidiary Sold Its Vessel
Sept 12 (Reuters) - Global Offshore Services Ltd GLSH.BO:
CO'S STEP DOWN SUBSIDIARY MAKALU SHIPPING B.V. SOLD ITS VESSEL M.V. MAKALU FOR $9.30 MILLION
Source text for Eikon: ID:nBSE4KRPwT
Further company coverage: GLSH.BO
Sept 12 (Reuters) - Global Offshore Services Ltd GLSH.BO:
CO'S STEP DOWN SUBSIDIARY MAKALU SHIPPING B.V. SOLD ITS VESSEL M.V. MAKALU FOR $9.30 MILLION
Source text for Eikon: ID:nBSE4KRPwT
Further company coverage: GLSH.BO
Global Offshore Services Approves Sanction Letter From Axis Bank To Settle Unsecured Loan
Sept 7 (Reuters) - Global Offshore Services Ltd GLSH.BO:
APPROVED SANCTION LETTER FROM AXIS BANK FOR SETTLEMENT OF UNSECURED LOAN AMOUNTING 48.5 MILLION RUPEES
Source text for Eikon: ID:nBSE9X8v9c
Further company coverage: GLSH.BO
Sept 7 (Reuters) - Global Offshore Services Ltd GLSH.BO:
APPROVED SANCTION LETTER FROM AXIS BANK FOR SETTLEMENT OF UNSECURED LOAN AMOUNTING 48.5 MILLION RUPEES
Source text for Eikon: ID:nBSE9X8v9c
Further company coverage: GLSH.BO
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What does Garware Offshore Ser do?
Garware Offshore Services Ltd provides offshore support vessel services to oil & gas E&P companies, including chartering, logistics, and marine operations. It operates a fleet supporting exploration, production, and offshore infrastructure projects.
Who are the competitors of Garware Offshore Ser?
Garware Offshore Ser major competitors are Chowgule Steamship, Sadhav Shipping, Hariyana Ship Break, Arvind Port & Infra, Deccan Transcon Leas, Shahi Shipping, Transworld Shipping. Market Cap of Garware Offshore Ser is ₹132 Crs. While the median market cap of its peers are ₹62 Crs.
Is Garware Offshore Ser financially stable compared to its competitors?
Garware Offshore Ser seems to be less financially stable compared to its competitors. Altman Z score of Garware Offshore Ser is 2.8 and is ranked 4 out of its 8 competitors.
Does Garware Offshore Ser pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Garware Offshore Ser latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Garware Offshore Ser allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments
How strong is Garware Offshore Ser balance sheet?
Balance sheet of Garware Offshore Ser is moderately strong.
Is the profitablity of Garware Offshore Ser improving?
No, profit is decreasing. The profit of Garware Offshore Ser is -₹5.56 Crs for TTM, ₹3.65 Crs for Mar 2025 and ₹35.83 Crs for Mar 2024.
Is the debt of Garware Offshore Ser increasing or decreasing?
Yes, The net debt of Garware Offshore Ser is increasing. Latest net debt of Garware Offshore Ser is ₹50.16 Crs as of Sep-25. This is greater than Mar-25 when it was -₹59.25 Crs.
Is Garware Offshore Ser stock expensive?
Garware Offshore Ser is not expensive. Latest PE of Garware Offshore Ser is 0, while 3 year average PE is 9.6. Also latest EV/EBITDA of Garware Offshore Ser is 34.76 while 3yr average is 133.
Has the share price of Garware Offshore Ser grown faster than its competition?
Garware Offshore Ser has given lower returns compared to its competitors. Garware Offshore Ser has grown at ~-43.86% over the last 1yrs while peers have grown at a median rate of -20.73%
Is the promoter bullish about Garware Offshore Ser?
Promoters seem to be bullish about the company. Latest quarter promoter holding is 30.36% and last quarter promoter holding is 30.35%.
Are mutual funds buying/selling Garware Offshore Ser?
The mutual fund holding of Garware Offshore Ser is stable. The current mutual fund holding in Garware Offshore Ser is 0.1% while previous quarter holding is 0.1%.