Duke Offshore Ltd: Intrinsic Value & Share Price Analysis

Q: What is the current share price and 52-week range of Duke Offshore Ltd?

Duke Offshore Ltd is trading at 19.00 as of 25 April 2026, with a FY2026-2027 high of 32.9 and low of 13.1. The stock is currently in the middle of its 52-week range. Market cap stands at 18.7 Cr..

Q: Is Duke Offshore Ltd financially healthy?

Key indicators: ROCE of 30.0 % indicates efficient capital utilization. Dividend yield is 0.00 %.

Q: Is Duke Offshore Ltd profitable and how is the profit trend?

Duke Offshore Ltd reported a net profit of -2 Cr in Mar 2025 on revenue of 0 Cr. Compared to -4 Cr in Mar 2022, the net profit shows a mixed trend.

Fair Value

₹15.06Overvalued by 20.74%vs CMP ₹19.00

P/E (15.0) × ROE (31.0%) × BV (₹3.97) × DY (2.00%)

Defaults: P/E=15

₹11.14Overvalued by 41.37%vs CMP ₹19.00

MoS: -70.6% (Negative)Confidence: 38/100 (Low)Models: 1 Fair, 2 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹20.41	49%	Fair (+7.4%)
Net Asset Value	Assets	₹3.97	29%	Over (-79.1%)
Revenue Multiple	Revenue	₹0.11	22%	Over (-99.4%)
Consensus (3 models)		₹11.14	100%	Overvalued

Key Drivers: EPS CAGR 35.5% lifts DCF — verify sustainability. | Wide model spread (₹0–₹20) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 35.5% · Defaults: P/E=15

*Investments are subject to market risks

Analyst Summary

Duke Offshore Ltd operates in the Oil Equipment & Services segment, NSE: DUKEOFS | BSE: 531471, current market price is ₹19.00, market cap is 18.7 Cr.. At a glance, ROE is 31.0 %, ROCE is 30.0 %, book value is 3.97, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹11.14, around 41.4% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹0 Cr versus the prior period change of -98.3%, while latest net profit is about ₹-2 Cr with a prior-period change of -277.4%. The 52-week range shown on this page is 32.9/13.1, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisDuke Offshore Ltd. is a Public Limited Listed company incorporated on 12/12/1985 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L45…

This summary is generated from the stock page data available for Duke Offshore Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

Duke Offshore Ltd scores 48/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health64/100 · Moderate

ROCE 30.0% ExcellentROE 31.0% ExcellentD/E 0.05 Low debtInterest Coverage 0.0x RiskyProfitable 1/5 years Inconsistent

Smart Money50/100 · Moderate

Promoter holding at 70.6% Stable

Earnings Quality30/100 · Weak

OPM contracting (-79% → -1,443%) DecliningWorking capital: 209 days Capital intensive

Quarterly Momentum35/100 · Weak

Revenue (4Q): -100% YoY Declining

Industry Rank65/100 · Strong

ROCE 30.0% vs industry 14.6% Above peersROE 31.0% vs industry 15.3% Above peers3Y sales CAGR: -64% Shrinking

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 26, 2026, 1:24 am

Market Cap	18.7 Cr.
Current Price	19.0
Intrinsic Value	₹11.15
High / Low	32.9/13.1
Stock P/E
Book Value	3.97
Dividend Yield	0.00 %
ROCE	30.0 %
ROE	31.0 %
Face Value	10.0
PEG Ratio	0.00

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Duke Offshore Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Duke Offshore Ltd	18.7 Cr.	19.0	32.9/13.1		3.97	0.00 %	30.0 %	31.0 %	10.0
DHP India Ltd	168 Cr.	561	735/430	2.35	810	0.71 %	3.43 %	2.84 %	10.0
Asian Energy Services Ltd	1,385 Cr.	308	392/230	29.6	98.8	0.32 %	16.6 %	12.4 %	10.0
Oil Country Tubular Ltd	323 Cr.	62.2	101/35.6		42.1	0.00 %	8.41 %	15.0 %	10.0
Industry Average	625.33 Cr	237.55		15.98	238.72	0.26%	14.61%	15.31%	10.00

All Competitor Stocks of Duke Offshore Ltd

Quarterly Result

Metric	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
Sales	0.82	0.68	1.37	0.47	0.98	1.31	0.07	0.00	0.00	0.00	0.00	0.00	0.00
Expenses	0.60	1.32	0.84	0.81	0.63	0.64	0.73	0.51	0.44	0.78	0.37	0.31	0.50
Operating Profit	0.22	-0.64	0.53	-0.34	0.35	0.67	-0.66	-0.51	-0.44	-0.78	-0.37	-0.31	-0.50
OPM %	26.83%	-94.12%	38.69%	-72.34%	35.71%	51.15%	-942.86%
Other Income	0.00	0.06	0.00	0.00	0.01	0.00	0.68	0.01	-0.02	-0.01	0.07	0.03	1.45
Interest	0.01	0.01	0.01	0.01	0.00	0.01	0.00	0.01	0.00	0.00	0.00	0.00	0.00
Depreciation	0.20	0.25	0.19	0.27	0.24	0.12	0.26	0.13	0.32	-0.25	0.10	0.25	0.06
Profit before tax	0.01	-0.84	0.33	-0.62	0.12	0.54	-0.24	-0.64	-0.78	-0.54	-0.40	-0.53	0.89
Tax %	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%
Net Profit	0.01	-0.83	0.33	-0.62	0.12	0.54	-0.24	-0.64	-0.78	-0.54	-0.40	-0.53	0.89
EPS in Rs	0.01	-0.84	0.33	-0.63	0.12	0.55	-0.24	-0.65	-0.79	-0.55	-0.41	-0.54	0.90

Last Updated: March 3, 2026, 10:14 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 27, 2026, 4:25 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	6.50	9.28	9.79	6.77	9.11	9.25	4.26	1.67	1.46	2.78	4.14	0.07	0.00
Expenses	2.89	4.96	5.49	3.79	5.66	5.51	3.74	2.75	3.55	3.21	2.94	2.11	1.96
Operating Profit	3.61	4.32	4.30	2.98	3.45	3.74	0.52	-1.08	-2.09	-0.43	1.20	-2.04	-1.96
OPM %	55.54%	46.55%	43.92%	44.02%	37.87%	40.43%	12.21%	-64.67%	-143.15%	-15.47%	28.99%	-2,914.29%
Other Income	0.38	0.54	0.16	0.13	0.05	0.07	-1.81	0.24	0.05	0.07	0.01	0.32	1.54
Interest	0.03	0.15	0.00	0.33	0.98	1.10	0.93	0.06	0.05	0.03	0.02	0.01	0.00
Depreciation	1.08	0.74	0.77	1.15	1.81	2.01	1.76	1.37	1.82	0.89	0.82	0.47	0.16
Profit before tax	2.88	3.97	3.69	1.63	0.71	0.70	-3.98	-2.27	-3.91	-1.28	0.37	-2.20	-0.58
Tax %	33.68%	36.78%	33.88%	30.67%	129.58%	20.00%	-32.41%	-13.22%	5.12%	-64.84%	-235.14%	0.00%
Net Profit	1.90	2.51	2.44	1.13	-0.21	0.57	-2.69	-1.97	-4.11	-0.45	1.24	-2.20	-0.58
EPS in Rs	1.92	2.54	2.46	1.14	-0.21	0.58	-2.73	-2.00	-4.17	-0.46	1.26	-2.23	-0.60
Dividend Payout %	0.00%	9.92%	6.12%	44.07%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	32.11%	-2.79%	-53.69%	-118.58%	371.43%	-571.93%	26.77%	-108.63%	89.05%	375.56%	-277.42%
Change in YoY Net Profit Growth (%)	0.00%	-34.89%	-50.90%	-64.90%	490.01%	-943.36%	598.70%	-135.40%	197.68%	286.50%	-652.97%

Duke Offshore Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	-39%
5 Years:	-56%
3 Years:	-64%
TTM:	-100%

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	16%
TTM:	-1080%

Stock Price CAGR
10 Years:	-3%
5 Years:	10%
3 Years:	5%
1 Year:	-35%

Return on Equity
10 Years:	-4%
5 Years:	-19%
3 Years:	-6%
Last Year:	-31%

Last Updated: September 5, 2025, 3:16 pm

Balance Sheet

Last Updated: December 10, 2025, 4:12 am

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	4.98	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	4.06	6.31	8.60	10.31	9.50	5.14	2.45	0.48	-3.62	-4.07	-2.83	-5.07	-6.00
Borrowings	0.83	0.00	0.00	9.55	10.18	8.34	0.73	0.60	0.47	0.33	0.17	0.16	0.40
Other Liabilities	0.80	2.06	3.42	2.76	3.96	2.69	1.14	0.70	0.39	1.13	0.31	0.35	0.30
Total Liabilities	10.67	13.35	17.00	27.60	28.62	26.08	14.23	11.69	7.15	7.30	7.56	5.35	4.61
Fixed Assets	4.55	8.14	7.52	21.38	23.69	21.59	7.63	6.43	5.10	4.45	3.96	3.13	2.51
CWIP	4.58	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	0.00	0.15	0.00
Other Assets	1.54	5.21	9.48	6.22	4.93	4.49	5.71	4.40	2.05	2.85	3.60	2.07	2.10
Total Assets	10.67	13.35	17.00	27.60	28.62	26.08	14.23	11.69	7.15	7.30	7.56	5.35	4.61

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	3.00	5.23	4.66	2.33	3.60	3.42	0.94	-0.39	-2.32	0.12	0.12	-0.34
Cash from Investing Activity +	-4.52	-4.33	-0.11	-14.21	-4.08	1.33	9.41	0.05	-0.45	-0.24	-0.24	-0.10
Cash from Financing Activity +	0.49	-0.98	-0.26	9.19	-0.94	-2.95	-8.53	-0.18	-0.19	-0.18	-0.18	-0.01
Net Cash Flow	-1.03	-0.08	4.29	-2.68	-1.42	1.80	1.82	-0.52	-2.96	-0.30	-0.30	-0.46
Free Cash Flow	-1.99	0.90	4.51	-11.97	-0.53	3.09	-0.49	-0.53	-2.80	-0.12	-0.12	-0.29
CFO/OP	100%	135%	140%	94%	118%	104%	144%	79%	110%	-33%	12%	20%

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	2.78	4.32	4.30	-6.57	-6.73	-4.60	-0.21	-1.68	-2.56	-0.76	1.03	-2.20

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	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	30.32	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	30.32	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	-16.28	134.91	82.40	34.51	-35.66	-37.88	52.27	2.19	270.00	82.72	81.99	208.57
ROCE %	33.97%	33.84%	29.67%	10.20%	6.83%	7.28%	-5.87%	-18.36%	-43.49%	-19.33%	5.81%	-30.04%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	70.61%	70.61%	70.61%	70.61%	70.61%	70.61%	70.61%	70.61%	70.61%	70.61%	70.61%	70.61%
Public	29.39%	29.40%	29.40%	29.39%	29.39%	29.39%	29.39%	29.40%	29.39%	29.40%	29.40%	29.41%
No. of Shareholders	3,625	3,613	3,646	3,748	4,313	4,180	4,625	4,771	4,943	5,140	5,438	5,885

Shareholding Pattern Chart

No. of Shareholders

Duke Offshore Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	-2.28	1.26	-0.46	-4.17	-2.00
Diluted EPS (Rs.)	-2.28	1.26	-0.46	-4.17	-2.00
Cash EPS (Rs.)	-1.75	2.08	0.44	-2.31	-0.60
Book Value[Excl.RevalReserv]/Share (Rs.)	4.88	7.14	5.89	6.34	10.49
Book Value[Incl.RevalReserv]/Share (Rs.)	4.88	7.14	5.89	6.34	10.49
Revenue From Operations / Share (Rs.)	0.06	4.17	2.81	1.47	1.68
PBDIT / Share (Rs.)	-1.74	1.22	-0.35	-2.05	-0.84
PBIT / Share (Rs.)	-2.21	0.39	-1.26	-3.89	-2.23
PBT / Share (Rs.)	-2.22	0.36	-1.29	-3.94	-2.29
Net Profit / Share (Rs.)	-2.22	1.25	-0.45	-4.14	-1.99
PBDIT Margin (%)	-2487.59	29.26	-12.66	-139.51	-50.36
PBIT Margin (%)	-3158.73	9.45	-44.82	-264.27	-132.51
PBT Margin (%)	-3171.28	8.86	-46.06	-267.99	-136.13
Net Profit Margin (%)	-3171.28	29.96	-16.13	-281.67	-118.13
Return on Networth / Equity (%)	-45.48	17.51	-7.69	-65.37	-18.93
Return on Capital Employeed (%)	-42.65	5.33	-20.45	-54.61	-19.81
Return On Assets (%)	-41.04	16.37	-6.14	-54.52	-16.83
Long Term Debt / Equity (X)	0.03	0.02	0.02	0.04	0.04
Total Debt / Equity (X)	0.03	0.02	0.05	0.07	0.05
Asset Turnover Ratio (%)	0.01	0.55	0.37	0.15	0.12
Current Ratio (X)	2.14	7.68	1.64	2.53	7.12
Quick Ratio (X)	2.14	7.68	1.64	2.53	7.12
Interest Coverage Ratio (X)	-198.15	49.20	-10.18	-37.53	-13.89
Interest Coverage Ratio (Post Tax) (X)	-251.61	51.37	-11.97	-74.78	-31.58
Enterprise Value (Cr.)	13.78	10.82	6.83	8.31	6.17
EV / Net Operating Revenue (X)	198.78	2.62	2.46	5.70	3.71
EV / EBITDA (X)	-7.99	8.94	-19.39	-4.08	-7.36
MarketCap / Net Operating Revenue (X)	197.42	2.70	2.39	5.67	5.38
Price / BV (X)	2.83	1.58	1.14	1.32	0.86
Price / Net Operating Revenue (X)	200.14	2.70	2.39	5.68	5.38
EarningsYield	-0.16	0.11	-0.06	-0.49	-0.21

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Duke Offshore Ltd. is a Public Limited Listed company incorporated on 12/12/1985 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L45209MH1985PLC038300 and registration number is 038300. Currently company belongs to the Industry of Oil Equipment & Services. Company's Total Operating Revenue is Rs. 0.07 Cr. and Equity Capital is Rs. 9.91 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Oil Equipment & Services	403, Urvashi, Off. Sayani Road, Mumbai Maharashtra 400025	Contact not found

Management
Name	Position Held
Mr. Avik George Duke	Managing Director
Mr. Vipul Patel	Executive Director
Mr. Pranay Mehta	Ind. Non-Executive Director
Ms. Revati Ganesh Pambala	Ind. Non-Executive Woman Director
Mr. Ameet Avinash Kimbahune	Ind. Non-Executive Director

FAQ

What is the intrinsic value of Duke Offshore Ltd and is it undervalued?

As of 25 April 2026, Duke Offshore Ltd's intrinsic value is ₹11.14, which is 41.37% lower than the current market price of ₹19.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (31.0 %), book value (₹3.97), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Duke Offshore Ltd?

Duke Offshore Ltd is trading at ₹19.00 as of 25 April 2026, with a FY2026-2027 high of ₹32.9 and low of ₹13.1. The stock is currently in the middle of its 52-week range. Market cap stands at ₹18.7 Cr..

How does Duke Offshore Ltd's P/E ratio compare to its industry?

Duke Offshore Ltd has a P/E ratio of , which is below the industry average of 15.98. This is broadly in line with or below the industry average.

Is Duke Offshore Ltd financially healthy?

Key indicators for Duke Offshore Ltd: ROCE of 30.0 % indicates efficient capital utilization; ROE of 31.0 % shows strong shareholder returns. Dividend yield is 0.00 %.

Is Duke Offshore Ltd profitable and how is the profit trend?

Duke Offshore Ltd reported a net profit of ₹-2 Cr in Mar 2025 on revenue of ₹0 Cr. Compared to ₹-4 Cr in Mar 2022, the net profit shows a mixed trend.

Does Duke Offshore Ltd pay dividends?

Duke Offshore Ltd has a dividend yield of 0.00 % at the current price of ₹19.00. The company is currently not paying meaningful dividends.