Global Offshore Services Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Mukund Honkan

Chief executive officer

₹5.3m

Total compensation

CEO salary percentage	96.3%
CEO tenure	5.5yrs
CEO ownership	0.004%
Management average tenure	no data
Board average tenure	5.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mukund Honkan's remuneration changed compared to Global Offshore Services's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	₹459m
Mar 31 2024	₹5m	₹5m	₹358m
Dec 31 2023	n/a	n/a	₹5b
Sep 30 2023	n/a	n/a	₹4b
Jun 30 2023	n/a	n/a	₹3b
Mar 31 2023	₹5m	₹5m	₹3b
Dec 31 2022	n/a	n/a	-₹2b
Sep 30 2022	n/a	n/a	-₹772m
Jun 30 2022	n/a	n/a	-₹803m
Mar 31 2022	₹5m	₹5m	-₹622m
Dec 31 2021	n/a	n/a	₹1b
Sep 30 2021	n/a	n/a	₹2b
Jun 30 2021	n/a	n/a	₹2b
Mar 31 2021	₹5m	₹5m	₹2b
Dec 31 2020	n/a	n/a	₹989m
Sep 30 2020	n/a	n/a	₹105m
Jun 30 2020	n/a	n/a	-₹134m
Mar 31 2020	₹5m	₹4m	-₹348m

Compensation vs Market: Mukund's total compensation ($USD62.79K) is above average for companies of similar size in the Indian market ($USD42.04K).

Compensation vs Earnings: Mukund's compensation has been consistent with company performance over the past year.

CEO

Mukund Honkan (59 yo)

5.5yrs

Tenure

₹5,262,000

Compensation

Mr. Mukund Madhav Honkan serves as Whole Time Director at Global Offshore Services Limited since April 01, 2019. He is B,Com. He is Chartered Accountant.

Board Members

Name	Position	Tenure	Compensation	Ownership
Mukund Honkan	Whole Time Director	5.5yrs	₹5.26m	0.0038% ₹ 85.7k
Aditya Garware	Founder & Non-Executive Chairman	31.4yrs	₹175.00k	3.18% ₹ 71.0m
Maneesha Shah	Non-Independent & Non Executive Director	31.9yrs	₹199.00k	0.46% ₹ 10.4m
Faisy Viju	Additional Independent Director	4.8yrs	₹180.00k	no data
Jisupriya Guhathakurta	Independent Director	less than a year	₹106.00k	no data
Smita Gaur	Independent Director	less than a year	₹25.00k	no data

5.1yrs

Average Tenure

55yo

Average Age

Experienced Board: 501848's board of directors are considered experienced (5.1 years average tenure).

Global Offshore Services Management

Management criteria checks 2/4

Key information

Recent management updates

Global Offshore Services Limited, Annual General Meeting, Sep 27, 2024

Global Offshore Services Limited Announces Board Changes

Global Offshore Services Limited Appoints Jisupriya Guhathakurta as Member of Stakeholder Relationship Committee

Global Offshore Services Limited, Annual General Meeting, Sep 29, 2023

Insufficient new directors

Global Offshore Services Limited, Annual General Meeting, Sep 29, 2022

Recent updates

First quarter 2025 earnings released: ₹0.81 loss per share (vs ₹4.89 loss in 1Q 2024)

New minor risk - Share price stability

Global Offshore Services Limited, Annual General Meeting, Sep 27, 2024

Global Offshore Services Limited to Report Q1, 2025 Results on Aug 09, 2024

Investor sentiment improves as stock rises 22%

New minor risk - Shareholder dilution

Global Offshore Services Limited announced that it has received INR 21.875 million in funding

Investor sentiment improves as stock rises 18%

Full year 2024 earnings released: EPS: ₹15.23 (vs ₹128 in FY 2023)

Global Offshore Services Limited Announces Board Changes

Global Offshore Services Limited to Report Q4, 2024 Results on May 29, 2024

Global Offshore Services Limited announced that it expects to receive INR 21.875 million in funding

Global Offshore Services Limited announced that it expects to receive INR 21.875 million in funding

Global Offshore Services Limited Appoints Jisupriya Guhathakurta as Member of Stakeholder Relationship Committee

Third quarter 2024 earnings released: ₹1.29 loss per share (vs ₹71.59 loss in 3Q 2023)

Global Offshore Services Limited to Report Q3, 2024 Results on Feb 05, 2024

Second quarter 2024 earnings released: EPS: ₹1.74 (vs ₹5.92 loss in 2Q 2023)

Global Offshore Services Limited to Report Q2, 2024 Results on Nov 10, 2023

Global Offshore Services Limited, Annual General Meeting, Sep 29, 2023

First quarter 2024 earnings released: ₹4.89 loss per share (vs ₹13.81 loss in 1Q 2023)

Global Offshore Services Limited to Report Q1, 2024 Results on Aug 10, 2023

Full year 2023 earnings released: EPS: ₹128 (vs ₹25.16 loss in FY 2022)

Third quarter 2023 earnings released: ₹71.59 loss per share (vs ₹5.98 loss in 3Q 2022)

Global Offshore Services Limited to Report Q3, 2023 Results on Feb 13, 2023

Insufficient new directors

Second quarter 2023 earnings released: ₹5.92 loss per share (vs ₹7.17 loss in 2Q 2022)

Second quarter 2023 earnings released: ₹5.92 loss per share (vs ₹7.17 loss in 2Q 2022)

Global Offshore Services Limited to Report Q2, 2023 Results on Nov 11, 2022

Global Offshore Services Limited, Annual General Meeting, Sep 29, 2022

First quarter 2023 earnings released: ₹13.81 loss per share (vs ₹6.50 loss in 1Q 2022)

Global Offshore Services Limited to Report Q2, 2022 Results on Aug 09, 2022

Full year 2022 earnings released: ₹25.16 loss per share (vs ₹88.20 profit in FY 2021)

Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint

Second quarter 2022 earnings released: ₹7.17 loss per share (vs ₹1.88 loss in 2Q 2021)

Full year 2021 earnings released: EPS ₹88.20 (vs ₹14.09 loss in FY 2020)

Third quarter 2021 earnings released: EPS ₹30.35 (vs ₹5.41 loss in 3Q 2020)

Global Offshore Services Limited to Report Q3, 2021 Results on Feb 09, 2021

Investor sentiment improved over the past week

New 90-day high: ₹8.49

First quarter earnings released

Full year earnings released - ₹14.09 loss per share

Global Offshore Services Limited to Report Q1, 2021 Results on Sep 14, 2020

New 90-day high - ₹5.62