ALFA Finder| Revenue growth | 21% YoY growth in Gross Income for FY26. |
|---|---|
| Margins | EBIDTA margin improved significantly despite net losses. |
| Order book | Term contracts secured for 2 out of 3 vessels. |
| Demand visibility | Strong; OSV market expected to reach USD 29 billion by 2032. |
| Management confidence | High; aiming to resurrect status as a leading OSV player. |
Growth
FY26 Gross Income rose 21% to ₹4,013.59 Lakhs from ₹3,321.29 Lakhs. EBIDTA grew 62% to ₹1,167.92 Lakhs.
Outlook
Plans to acquire 2-3 mid-size vessels (AHTSV/PSV) between 2026-2028. Target to reach 150-vessel year experience with ONGC.
Risks
Net loss widened to ₹1,170.20 Lakhs due to higher finance costs, depreciation, and forex losses on debt.
Earnings Call filed with BSE, BSE: 501848. Summary written with AI assistance from the document.
Garware Offshore Services Ltd: key numbers
- Share price
- ₹38.39
- Market cap
- ₹117.6 Cr
- Revenue (annual)
- ₹35.72 Cr
- Net profit (annual)
- ₹-9.29 Cr
- P/E (TTM)
- -8.3×Sector 32.3×
- Promoter holding
- 30.33%+0.00% QoQ
- FII holding
- 0.03%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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