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Last Updated on: 30 May, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Global Offshore Services Ltd

About the Company - Global Offshore Services Ltd

Global Offshore Services Ltd. is a Public Limited Listed company incorporated on 20/09/1976 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L61100MH1976PLC019229 and registration number is 019229. Currently company belongs to the Industry of Shipping. Company’s Total Operating Revenue is Rs. 47.35 Cr. and Equity Capital is Rs. 24.73 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
ShippingProspect Chambers,3rd Floor, D N Road,Fort, Mumbai Maharashtra 400001investorredressal@globaloffshore.in
http://www.globaloffshore.in
Management
NamePosition Held
Mr. Aditya GarwareChairman
Mr. Mukund Madhav HonkanWhole Time Director
Mrs. Faisy VijuDirector
Mr. Sayeed Y MulaniDirector
Mrs. Maneesha ShahDirector
Mr. Anil K ThanavalaDirector

Basic Stock Data of Global Offshore Services Ltd

Last Updated: May 30, 2024, 6:22 am

Market Cap 118 Cr.
Current Price 47.7
High / Low70.4/33.0
Stock P/E
Book Value 15.8
Dividend Yield0.00 %
ROCE16.8 %
ROE%
Face Value 10.0
PEG Ratio0.00

Global Offshore Services Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales17.7020.0921.5318.3814.6714.6118.5120.0512.666.4011.9112.8310.75
Expenses21.5521.6023.7115.9615.3414.6817.1216.4416.9416.1415.0217.696.10
Operating Profit-3.85-1.51-2.182.42-0.67-0.071.393.61-4.28-9.74-3.11-4.864.65
OPM %-21.75%-7.52%-10.13%13.17%-4.57%-0.48%7.51%18.00%-33.81%-152.19%-26.11%-37.88%43.26%
Other Income12.92131.18248.04-5.540.91-1.88-8.26-20.51-0.22-158.25616.30-2.457.60
Interest9.219.11-7.355.765.785.956.468.332.272.37-4.262.901.26
Depreciation7.468.067.877.9412.497.756.918.899.118.055.104.423.98
Profit before tax-7.60112.50245.34-16.82-18.03-15.65-20.24-34.12-15.88-178.41612.35-14.637.01
Tax %-0.66%0.04%0.19%-0.12%-0.11%-0.19%-1.04%-0.06%-0.13%-0.01%0.21%-0.14%0.29%
Net Profit-7.66112.46244.87-16.84-18.06-15.68-20.45-34.15-15.91-178.44611.06-14.656.98
EPS in Rs-1.8830.3566.16-6.50-7.17-5.98-5.50-13.81-5.92-71.59218.98-4.891.73

Global Offshore Services Ltd Quarterly Chart

Global Offshore Services Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales22428137040739116213612812278655142
Expenses1301432052382842061951969786626455
Operating Profit94138164168107-44-59-6925-83-13-13
OPM %42%49%44%41%27%-27%-43%-54%20%-10%5%-26%-31%
Other Income7549116-78-48771391-15437463
Interest333754546269658174232492
Depreciation44456766716861593130353122
Profit before tax24614757-25-165-263-696-9330-71384426
Tax %2%14%2%3%-1%-0%0%-0%21%0%-0%0%
Net Profit24534655-25-165-262-696-7329-71383425
EPS in Rs9.8121.0415.4417.95-4.55-46.17-77.89-199.69-14.0888.20-25.16127.65144.23
Dividend Payout %24%11%8%0%0%0%0%0%0%0%0%0%

Global Offshore Services Ltd Profit & Loss Yearly Chart

Global Offshore Services Ltd Growth

Compounded Sales Growth
10 Years:-16%
5 Years:-18%
3 Years:-25%
TTM:-25%
Compounded Profit Growth
10 Years:%
5 Years:11%
3 Years:12%
TTM:69%
Stock Price CAGR
10 Years:-18%
5 Years:35%
3 Years:79%
1 Year:11%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:%

Last Updated: May 23, 2024, 1:25 pm

Global Offshore Services Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital24252525252525252525252525
Reserves241342362435442314121-369-438-212-2802314
Borrowings6748461,0991,0171,1331,1231,0861,1551,04367869915788
Other Liabilities62127198192195228247174-1891034634
Total Liabilities1,0021,3401,6841,6691,7951,6891,478986629580546250161
Fixed Assets8721,1811,4901,4271,5841,3951,305839514522495194130
CWIP0205000000000
Investments0000000000000
Other Assets13015619423721129517314611658515631
Total Assets1,0021,3401,6841,6691,7951,6891,478986629580546250161

Global Offshore Services Ltd Reserves and Borrowings Chart

Global Offshore Services Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 12684176110105350201623188
Cash from Investing Activity -88-318-36819-199034-147-10-665
Cash from Financing Activity -31239208-11070-35-44-19-73-18-9-77
Net Cash Flow751719-24-0-90-9-53-4

Global Offshore Services Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days6663553968818253821027377
Inventory Days
Days Payable
Cash Conversion Cycle6663553968818253821027377
Working Capital Days-87-73-81-8-515-548-1,581-1,994-556-865-186
ROCE %6%9%7%7%2%-7%-9%-13%-1%-9%-8%-17%

Global Offshore Services Ltd Financial Efficiency Indicators Chart

Global Offshore Services Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters33.29%33.29%33.29%33.29%33.10%33.29%33.29%33.29%33.29%33.29%33.29%33.29%
FIIs0.57%0.57%0.93%1.06%1.28%1.58%1.58%1.58%1.97%1.50%0.62%0.41%
DIIs5.25%5.25%5.25%5.25%5.24%5.24%5.24%4.00%3.21%1.95%0.16%0.16%
Government0.00%0.00%0.00%0.00%0.00%0.00%1.26%0.00%0.00%0.00%0.00%0.00%
Public60.89%60.89%60.53%60.41%60.37%59.89%58.62%61.13%61.52%63.27%65.94%66.14%
No. of Shareholders19,65819,45019,08119,16018,93118,41918,12117,95917,81317,80517,85817,782

Global Offshore Services Ltd Shareholding Pattern Chart

No. of Global Offshore Services Ltd Shareholders

This stock is not held by any mutual fund

Global Offshore Services Ltd ROCE Trend

Global Offshore Services Ltd EPS Trend

Global Offshore Services Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)127.65-25.1688.20-14.09-199.69
Diluted EPS (Rs.)127.65-25.1688.20-14.09-199.69
Cash EPS (Rs.)167.30-14.53145.379.56-257.27
Book Value[Excl.RevalReserv]/Share (Rs.)7.29-139.78-107.45-245.27-221.79
Book Value[Incl.RevalReserv]/Share (Rs.)7.29-139.78-107.45-245.27-221.79
Revenue From Operations / Share (Rs.)20.6326.2731.4149.3151.67
PBDIT / Share (Rs.)-5.401.71-2.9310.74-26.32
PBIT / Share (Rs.)-18.00-12.48-15.26-1.71-50.36
PBT / Share (Rs.)155.26-28.61133.27-3.63-281.28
Net Profit / Share (Rs.)154.71-28.73133.04-2.88-281.31
NP After MI And SOA / Share (Rs.)127.65-25.1688.20-14.09-199.69
PBDIT Margin (%)-26.176.50-9.3321.77-50.94
PBIT Margin (%)-87.23-47.50-48.59-3.46-97.45
PBT Margin (%)752.58-108.89424.32-7.36-544.31
Net Profit Margin (%)749.92-109.33423.56-5.84-544.36
NP After MI And SOA Margin (%)618.78-95.76280.81-28.56-386.42
Return on Networth / Equity (%)664.850.00-116.570.000.00
Return on Capital Employeed (%)-71.939.6128.061.95-47.03
Return On Assets (%)126.41-11.3837.25-5.53-50.10
Long Term Debt / Equity (X)0.19-0.09-0.70-0.94-1.82
Total Debt / Equity (X)3.30-2.74-1.08-1.14-2.05
Asset Turnover Ratio (%)0.120.080.090.080.06
Current Ratio (X)0.290.050.080.130.15
Quick Ratio (X)0.210.030.050.070.08
Interest Coverage Ratio (X)-1.530.17-0.310.36-0.81
Interest Coverage Ratio (Post Tax) (X)-5.27-1.30-1.69-0.03-1.56
Enterprise Value (Cr.)170.91709.40125.77272.42507.93
EV / Net Operating Revenue (X)3.3510.921.622.233.97
EV / EBITDA (X)-12.80167.71-17.3510.26-7.80
MarketCap / Net Operating Revenue (X)0.981.710.200.050.21
Price / BV (X)1.06-0.43-0.08-0.01-0.08
Price / Net Operating Revenue (X)0.981.710.200.050.21
EarningsYield6.28-0.5513.80-5.42-17.70

Global Offshore Services Ltd Profitability Ratios (%)

Global Offshore Services Ltd Liquidity Ratios

Global Offshore Services Ltd Liquidity Ratios (%)

Global Offshore Services Ltd Interest Coverage Ratios (%)

Global Offshore Services Ltd Valuation Ratios

Fair Value

Fair Value: ₹36.26

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Overvalued: 23.98% compared to the current price ₹47.7

Default values used*: Deafault value of 15 for Stock P/E is used, Deafault value of 15% for ROE is used

Intrinsic Value: ₹99.97

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 109.59% compared to the current price ₹47.7

Default values used*: Deafault value of 15 for Stock P/E is used, Deafault value of 15% for ROE is used

Last 5 Year EPS CAGR: 175.71%

*Investments are subject to market risks

Strength and Weakness of Global Offshore Services Ltd Stock

StrengthWeakness
  1. The stock has a low average Working Capital Days of -204.33, which is a positive sign.
  2. The company has shown consistent growth in sales (189.00 cr) and profit (7.69 cr) over the years.
  1. The stock has a low average ROCE of -2.75%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 70.08, which may not be favorable.
  3. The company has higher borrowings (830.62) compared to reserves (76.54), which may suggest financial risk.

FAQ

What is the latest fair value of Global Offshore Services Ltd?

The latest fair value of Global Offshore Services Ltd is ₹36.26.

What is the Market Cap of Global Offshore Services Ltd?

The Market Cap of Global Offshore Services Ltd is 118 Cr..

What is the current Stock Price of Global Offshore Services Ltd as on 30 May 2024?

The current stock price of Global Offshore Services Ltd as on 30 May 2024 is ₹47.7.

What is the High / Low of Global Offshore Services Ltd stocks in FY 2024?

In FY 2024, the High / Low of Global Offshore Services Ltd stocks is 70.4/33.0.

What is the Stock P/E of Global Offshore Services Ltd?

The Stock P/E of Global Offshore Services Ltd is .

What is the Book Value of Global Offshore Services Ltd?

The Book Value of Global Offshore Services Ltd is 15.8.

What is the Dividend Yield of Global Offshore Services Ltd?

The Dividend Yield of Global Offshore Services Ltd is 0.00 %.

What is the ROCE of Global Offshore Services Ltd?

The ROCE of Global Offshore Services Ltd is 16.8 %.

What is the ROE of Global Offshore Services Ltd?

The ROE of Global Offshore Services Ltd is %.

What is the Face Value of Global Offshore Services Ltd?

The Face Value of Global Offshore Services Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Global Offshore Services Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE