Aankondiging • May 20
Garware Offshore Services Limited to Report Q4, 2026 Results on May 28, 2026 Garware Offshore Services Limited announced that they will report Q4, 2026 results on May 28, 2026 New Risk • Mar 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 13% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Revenue is less than US$5m (₹324m revenue, or US$3.4m). Market cap is less than US$100m (₹1.18b market cap, or US$12.4m). Reported Earnings • Feb 14
Third quarter 2026 earnings released: ₹0.65 loss per share (vs ₹3.66 profit in 3Q 2025) Third quarter 2026 results: ₹0.65 loss per share (down from ₹3.66 profit in 3Q 2025). Revenue: ₹125.4m (up 54% from 3Q 2025). Net loss: ₹20.0m (down 121% from profit in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹54.82, the stock trades at a trailing P/E ratio of 28x. Average trailing P/E is 23x in the Energy Services industry in India. Total returns to shareholders of 44% over the past three years. Aankondiging • Feb 04
Global Offshore Services Limited to Report Q3, 2026 Results on Feb 12, 2026 Global Offshore Services Limited announced that they will report Q3, 2026 results on Feb 12, 2026 New Risk • Oct 29
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 50% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (50% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Profit margins are more than 30% lower than last year (21% net profit margin). Shareholders have been diluted in the past year (17% increase in shares outstanding). Revenue is less than US$5m (₹286m revenue, or US$3.2m). Market cap is less than US$100m (₹2.32b market cap, or US$26.3m). Reported Earnings • Oct 29
Second quarter 2026 earnings released: EPS: ₹0.06 (vs ₹0.82 loss in 2Q 2025) Second quarter 2026 results: EPS: ₹0.06 (up from ₹0.82 loss in 2Q 2025). Revenue: ₹69.6m (down 4.1% from 2Q 2025). Net income: ₹1.83m (up ₹22.7m from 2Q 2025). Profit margin: 2.6% (up from net loss in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Aankondiging • Oct 21
Global Offshore Services Limited to Report Q2, 2026 Results on Oct 28, 2025 Global Offshore Services Limited announced that they will report Q2, 2026 results on Oct 28, 2025 New Risk • Oct 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (13% net profit margin). Shareholders have been diluted in the past year (18% increase in shares outstanding). Revenue is less than US$5m (₹286m revenue, or US$3.2m). Market cap is less than US$100m (₹2.24b market cap, or US$25.2m). Valuation Update With 7 Day Price Move • Sep 11
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹80.80, the stock trades at a trailing P/E ratio of 66.2x. Average trailing P/E is 20x in the Energy Services industry in India. Total returns to shareholders of 39% over the past three years. New Risk • Sep 09
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 18% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (13% net profit margin). Shareholders have been diluted in the past year (18% increase in shares outstanding). Revenue is less than US$5m (₹286m revenue, or US$3.2m). Market cap is less than US$100m (₹2.17b market cap, or US$24.7m). Reported Earnings • Aug 13
First quarter 2026 earnings released: ₹0.62 loss per share (vs ₹0.81 loss in 1Q 2025) First quarter 2026 results: ₹0.62 loss per share (improved from ₹0.81 loss in 1Q 2025). Revenue: ₹46.2m (down 45% from 1Q 2025). Net loss: ₹19.0m (loss narrowed 5.3% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Aug 12
Global Offshore Services Limited, Annual General Meeting, Sep 30, 2025 Global Offshore Services Limited, Annual General Meeting, Sep 30, 2025, at 11:30 Indian Standard Time. Aankondiging • Aug 05
Global Offshore Services Limited to Report Q1, 2026 Results on Aug 12, 2025 Global Offshore Services Limited announced that they will report Q1, 2026 results on Aug 12, 2025 Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹94.94, the stock trades at a trailing P/E ratio of 70.5x. Average trailing P/E is 23x in the Energy Services industry in India. Total returns to shareholders of 126% over the past three years. Reported Earnings • May 25
Full year 2025 earnings released: EPS: ₹1.37 (vs ₹14.49 in FY 2024) Full year 2025 results: EPS: ₹1.37 (down from ₹14.49 in FY 2024). Revenue: ₹332.8m (down 15% from FY 2024). Net income: ₹36.5m (down 90% from FY 2024). Profit margin: 11% (down from 91% in FY 2024). Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 28% per year. New Risk • May 20
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.8% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (166% net profit margin). Revenue is less than US$5m (₹315m revenue, or US$3.7m). Market cap is less than US$100m (₹2.24b market cap, or US$26.3m). Aankondiging • May 16
Global Offshore Services Limited to Report Q4, 2025 Results on May 23, 2025 Global Offshore Services Limited announced that they will report Q4, 2025 results on May 23, 2025 Valuation Update With 7 Day Price Move • Apr 22
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹96.72, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 23x in the Energy Services industry in India. Total returns to shareholders of 94% over the past three years. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹79.58, the stock trades at a trailing P/E ratio of 4.1x. Average trailing P/E is 20x in the Energy Services industry in India. Total returns to shareholders of 95% over the past three years. New Risk • Apr 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 9.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (166% net profit margin). Revenue is less than US$5m (₹315m revenue, or US$3.7m). Market cap is less than US$100m (₹2.03b market cap, or US$23.7m). Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹90.87, the stock trades at a trailing P/E ratio of 4.7x. Average trailing P/E is 22x in the Energy Services industry in India. Total returns to shareholders of 133% over the past three years. Reported Earnings • Feb 07
Third quarter 2025 earnings released: EPS: ₹3.66 (vs ₹1.29 loss in 3Q 2024) Third quarter 2025 results: EPS: ₹3.66 (up from ₹1.29 loss in 3Q 2024). Net income: ₹95.8m (up ₹127.6m from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Aankondiging • Jan 29
Global Offshore Services Limited to Report Q3, 2025 Results on Feb 05, 2025 Global Offshore Services Limited announced that they will report Q3, 2025 results on Feb 05, 2025 Valuation Update With 7 Day Price Move • Nov 29
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹131, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 25x in the Energy Services industry in India. Total returns to shareholders of 200% over the past three years. Reported Earnings • Nov 01
Second quarter 2025 earnings released: ₹0.82 loss per share (vs ₹1.74 profit in 2Q 2024) Second quarter 2025 results: ₹0.82 loss per share (down from ₹1.74 profit in 2Q 2024). Net loss: ₹20.8m (down 149% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Oct 22
Global Offshore Services Limited to Report Q2, 2025 Results on Oct 30, 2024 Global Offshore Services Limited announced that they will report Q2, 2025 results on Oct 30, 2024 Aankondiging • Oct 18
Global Offshore Services Limited announced that it expects to receive INR 655.2355 million in funding GLOBAL OFFSHORE SERVICES LTD. announced a private placement to issue 6,929,750 shares at an issue price of INR 92 per share for the gross proceeds of INR 637,537,000 and 7,69,500 warrants at an issue price of INR 23 per warrant for the gross proceeds of INR 17,698,500; aggregate gross proceeds of INR 655,235,500 on October 16, 2024. The transaction will include participation from non promoters for shares and 430,000 Warrants to be allotted to Promoters, and 339,500 Warrants to be allotted to Non- Promoters. The transaction has been approved by shareholders and is subject to general shareholders to be held on November 11, 2024. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹104, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 31x in the Energy Services industry in India. Total returns to shareholders of 134% over the past three years. Reported Earnings • Aug 31
First quarter 2025 earnings released: ₹0.81 loss per share (vs ₹4.89 loss in 1Q 2024) First quarter 2025 results: ₹0.81 loss per share (improved from ₹4.89 loss in 1Q 2024). Net loss: ₹20.0m (loss narrowed 84% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Aug 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (20% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Profit margins are more than 30% lower than last year (76% net profit margin). Shareholders have been diluted in the past year (4.7% increase in shares outstanding). Market cap is less than US$100m (₹2.36b market cap, or US$28.1m). Aankondiging • Aug 09
Global Offshore Services Limited, Annual General Meeting, Sep 27, 2024 Global Offshore Services Limited, Annual General Meeting, Sep 27, 2024, at 11:30 Indian Standard Time. Aankondiging • Aug 02
Global Offshore Services Limited to Report Q1, 2025 Results on Aug 09, 2024 Global Offshore Services Limited announced that they will report Q1, 2025 results on Aug 09, 2024 Valuation Update With 7 Day Price Move • Aug 01
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹88.98, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 42x in the Energy Services industry in India. Total returns to shareholders of 179% over the past three years. New Risk • Jun 30
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (20% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (76% net profit margin). Shareholders have been diluted in the past year (3.1% increase in shares outstanding). Market cap is less than US$100m (₹1.63b market cap, or US$19.5m). Aankondiging • Jun 14
Global Offshore Services Limited announced that it has received INR 21.875 million in funding On June 13, 2024, Global Offshore Services Limited closed the transaction. The 669,660 warrants issued to Promoters and their relatives and 8,92,840 warrants issued to Non-Promoters. Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹54.56, the stock trades at a trailing P/E ratio of 3.8x. Average trailing P/E is 40x in the Energy Services industry in India. Total returns to shareholders of 477% over the past three years. Reported Earnings • Jun 02
Full year 2024 earnings released: EPS: ₹15.23 (vs ₹128 in FY 2023) Full year 2024 results: EPS: ₹15.23 (down from ₹128 in FY 2023). Revenue: ₹468.9m (down 8.3% from FY 2023). Net income: ₹358.3m (down 89% from FY 2023). Profit margin: 76% (down from 618% in FY 2023). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 82% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • May 30
Global Offshore Services Limited Announces Board Changes Global Offshore Services Limited at the Extra-Ordinary General Meeting (EGM) of the Company held on May 30, 2024 announced appointment of Mr. Jisupriya Guhathakurta and Ms. Smita D. Gaur as Independent Directors. Aankondiging • May 23
Global Offshore Services Limited to Report Q4, 2024 Results on May 29, 2024 Global Offshore Services Limited announced that they will report Q4, 2024 results on May 29, 2024 Aankondiging • May 02
Global Offshore Services Limited announced that it expects to receive INR 21.875 million in funding Global Offshore Services Limited announced a private placement of 1,562,500 convertible share warrants at a price of INR 14 per warrant for gross proceeds of INR 21,875,000 on April 30, 2024. The warrants will be convertible into one common share of the company at INR 42 per share and will mature in 18 months from the date of the allotment. The securities will be issued on preferential basis. The transaction has been approved by the board of directors of the company. The transaction still needs to be approved at the extra-ordinary general meeting of members of the company to be held on May 30, 2024. Aankondiging • Mar 30
Global Offshore Services Limited Appoints Jisupriya Guhathakurta as Member of Stakeholder Relationship Committee Global Offshore Services Limited at its board meeting held on March 29, 2024, announced Mr. Jisupriya Guhathakurta was appointed as member of Stakeholder Relationship Committee with immediate effect. Reported Earnings • Feb 07
Third quarter 2024 earnings released: ₹1.29 loss per share (vs ₹71.59 loss in 3Q 2023) Third quarter 2024 results: ₹1.29 loss per share (improved from ₹71.59 loss in 3Q 2023). Net loss: ₹31.8m (loss narrowed 98% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 95% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Jan 26
Global Offshore Services Limited to Report Q3, 2024 Results on Feb 05, 2024 Global Offshore Services Limited announced that they will report Q3, 2024 results on Feb 05, 2024 Reported Earnings • Nov 15
Second quarter 2024 earnings released: EPS: ₹1.74 (vs ₹5.92 loss in 2Q 2023) Second quarter 2024 results: EPS: ₹1.74 (up from ₹5.92 loss in 2Q 2023). Net income: ₹42.9m (up ₹189.4m from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 84% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Nov 01
Global Offshore Services Limited to Report Q2, 2024 Results on Nov 10, 2023 Global Offshore Services Limited announced that they will report Q2, 2024 results on Nov 10, 2023 Aankondiging • Sep 08
Global Offshore Services Limited, Annual General Meeting, Sep 29, 2023 Global Offshore Services Limited, Annual General Meeting, Sep 29, 2023, at 11:30 Indian Standard Time. Agenda: To consider the Audited Standalone Financial Statement of the Company for the financial year ended March 31, 2023 and the reports of the Directors and Auditors thereon; to consider the Audited Consolidated Financial Statement of the Company for the financial year ended March 31, 2023 and the report of Auditors thereon; and to appoint a Director in place of Mrs. Maneesha S. Shah, who retires by rotation and being eligible, offers herself for re-appointment. Reported Earnings • Aug 11
First quarter 2024 earnings released: ₹4.89 loss per share (vs ₹13.81 loss in 1Q 2023) First quarter 2024 results: ₹4.89 loss per share (improved from ₹13.81 loss in 1Q 2023). Net loss: ₹121.0m (loss narrowed 65% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 96% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Aug 03
Global Offshore Services Limited to Report Q1, 2024 Results on Aug 10, 2023 Global Offshore Services Limited announced that they will report Q1, 2024 results on Aug 10, 2023 Reported Earnings • Jun 05
Full year 2023 earnings released: EPS: ₹128 (vs ₹25.16 loss in FY 2022) Full year 2023 results: EPS: ₹128 (up from ₹25.16 loss in FY 2022). Net income: ₹3.16b (up ₹3.78b from FY 2022). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 126% per year, which means it is well ahead of earnings. Reported Earnings • Feb 15
Third quarter 2023 earnings released: ₹71.59 loss per share (vs ₹5.98 loss in 3Q 2022) Third quarter 2023 results: ₹71.59 loss per share (further deteriorated from ₹5.98 loss in 3Q 2022). Revenue: ₹64.0m (down 56% from 3Q 2022). Net loss: ₹1.77b (loss widened ₹1.62b from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 106% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Feb 07
Global Offshore Services Limited to Report Q3, 2023 Results on Feb 13, 2023 Global Offshore Services Limited announced that they will report Q3, 2023 results at 3:30 PM, Indian Standard Time on Feb 13, 2023 Board Change • Feb 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Additional Independent Director Faisy Viju was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 16
Second quarter 2023 earnings released: ₹5.92 loss per share (vs ₹7.17 loss in 2Q 2022) Second quarter 2023 results: ₹5.92 loss per share (improved from ₹7.17 loss in 2Q 2022). Revenue: ₹126.7m (down 14% from 2Q 2022). Net loss: ₹146.5m (loss narrowed 17% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has increased by 111% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Nov 13
Second quarter 2023 earnings released: ₹5.92 loss per share (vs ₹7.17 loss in 2Q 2022) Second quarter 2023 results: ₹5.92 loss per share (improved from ₹7.17 loss in 2Q 2022). Revenue: ₹126.7m (down 14% from 2Q 2022). Net loss: ₹146.5m (loss narrowed 17% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has increased by 110% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Nov 05
Global Offshore Services Limited to Report Q2, 2023 Results on Nov 11, 2022 Global Offshore Services Limited announced that they will report Q2, 2023 results on Nov 11, 2022 Aankondiging • Sep 07
Global Offshore Services Limited, Annual General Meeting, Sep 29, 2022 Global Offshore Services Limited, Annual General Meeting, Sep 29, 2022, at 11:30 Indian Standard Time. Agenda: To consider and adopt the audited standalone financial statement of the company for the financial year ended March 31 2022 and the reports of the directors and auditors thereon and the audited consolidated financial statement of the company for the financial year ended March 31, 2022 and the report of auditors thereon; to appoint a director in place of Mr. Aditya A. Garware who retires by rotation and being eligible, offers himself for re-appointment. Reported Earnings • Aug 10
First quarter 2023 earnings released: ₹13.81 loss per share (vs ₹6.50 loss in 1Q 2022) First quarter 2023 results: ₹13.81 loss per share (down from ₹6.50 loss in 1Q 2022). Revenue: ₹200.8m (up 9.3% from 1Q 2022). Net loss: ₹341.6m (loss widened 112% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 94% per year whereas the company’s share price has increased by 97% per year. Aankondiging • Aug 03
Global Offshore Services Limited to Report Q2, 2022 Results on Aug 09, 2022 Global Offshore Services Limited announced that they will report Q2, 2022 results on Aug 09, 2022 Reported Earnings • Jun 05
Full year 2022 earnings released: ₹25.16 loss per share (vs ₹88.20 profit in FY 2021) Full year 2022 results: ₹25.16 loss per share (down from ₹88.20 profit in FY 2021). Revenue: ₹649.7m (down 16% from FY 2021). Net loss: ₹622.2m (down 129% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 59% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 16
Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint Third quarter 2022 results: ₹5.98 loss per share (down from ₹30.35 profit in 3Q 2021). Net loss: ₹147.9m (down 120% from profit in 3Q 2021). Revenue missed analyst estimates by 17%. Over the last 3 years on average, earnings per share has increased by 128% per year but the company’s share price has only increased by 64% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 12
Second quarter 2022 earnings released: ₹7.17 loss per share (vs ₹1.88 loss in 2Q 2021) Second quarter 2022 results: Net loss: ₹177.3m (loss widened 281% from 2Q 2021). Reported Earnings • Jul 06
Full year 2021 earnings released: EPS ₹88.20 (vs ₹14.09 loss in FY 2020) Full year 2021 results: Revenue: ₹776.7m (down 36% from FY 2020). Net income: ₹2.18b (up ₹2.53b from FY 2020). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 11
Third quarter 2021 earnings released: EPS ₹30.35 (vs ₹5.41 loss in 3Q 2020) Third quarter 2021 results: Revenue: ₹200.9m (down 33% from 3Q 2020). Net income: ₹750.6m (up ₹884.3m from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings. Aankondiging • Feb 02
Global Offshore Services Limited to Report Q3, 2021 Results on Feb 09, 2021 Global Offshore Services Limited announced that they will report Q3, 2021 results on Feb 09, 2021 Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improved over the past week After last week's 23% share price gain to ₹9.50, the stock is trading at a trailing P/E ratio of 2.2x, up from the previous P/E ratio of 1.8x. This compares to an average P/E of 14x in the Energy Services industry in India. Total return to shareholders over the past three years is a loss of 72%. Is New 90 Day High Low • Dec 03
New 90-day high: ₹8.49 The company is up 5.0% from its price of ₹8.11 on 04 September 2020. The Indian market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Energy Services industry, which is up 10.0% over the same period. Aankondiging • Sep 06
Global Offshore Services Limited to Report Q1, 2021 Results on Sep 14, 2020 Global Offshore Services Limited announced that they will report Q1, 2021 results on Sep 14, 2020 
