Announcement • Jun 12
Aspect Global Ventures Private Limited agreed to acquire 70.94% stake in Duke Offshore Limited (BSE:531471) from Albert Donald Duke, Avik George Duke and Komal Duke for INR 208.79 million. Aspect Global Ventures Private Limited agreed to acquire 70.94% stake in Duke Offshore Limited (BSE:531471) from Albert Donald Duke, Avik George Duke and Komal Duke for INR 208.79 million on June 11, 2026. A cash consideration valued at INR 30 per share will be paid by Aspect Global Ventures Private Limited. As part of consideration, an undisclosed value is paid towards common equity of Duke Offshore Limited. Announcement • May 23
Duke Offshore Limited to Report Q4, 2026 Results on May 30, 2026 Duke Offshore Limited announced that they will report Q4, 2026 results at 12:15 PM, Indian Standard Time on May 30, 2026 Announcement • Feb 05
Duke Offshore Limited to Report Q3, 2026 Results on Feb 14, 2026 Duke Offshore Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 14, 2026 Announcement • Nov 08
Duke Offshore Limited to Report Q2, 2026 Results on Nov 14, 2025 Duke Offshore Limited announced that they will report Q2, 2026 results on Nov 14, 2025 New Risk • Nov 03
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 Risks Less than 1 year of cash runway based on free cash flow trend (-₹3.4m free cash flow). Revenue is less than US$1m. Market cap is less than US$10m (₹177.1m market cap, or US$2.00m). Minor Risk Share price has been volatile over the past 3 months (8.3% average weekly change). Announcement • Aug 09
Duke Offshore Limited to Report Q1, 2026 Results on Aug 14, 2025 Duke Offshore Limited announced that they will report Q1, 2026 results on Aug 14, 2025 Reported Earnings • Jul 23
Full year 2025 earnings released: ₹2.23 loss per share (vs ₹1.26 profit in FY 2024) Full year 2025 results: ₹2.23 loss per share (down from ₹1.26 profit in FY 2024). Net loss: ₹22.0m (down 277% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Announcement • Jul 21
Duke Offshore Limited, Annual General Meeting, Aug 13, 2025 Duke Offshore Limited, Annual General Meeting, Aug 13, 2025, at 12:15 Indian Standard Time. Location: 403, urvashi, off sayani road, prabhadevi, mumbai-400025., mumbai India New Risk • Jun 23
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 7.8% 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: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹3.4m free cash flow). Revenue is less than US$1m (₹693k revenue, or US$8.0k). Market cap is less than US$10m (₹184.2m market cap, or US$2.12m). Minor Risk Share price has been volatile over the past 3 months (7.8% average weekly change). Reported Earnings • Jun 02
Full year 2025 earnings released: ₹2.28 loss per share (vs ₹1.26 profit in FY 2024) Full year 2025 results: ₹2.28 loss per share (down from ₹1.26 profit in FY 2024). Net loss: ₹22.0m (down 277% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Announcement • May 22
Duke Offshore Limited to Report Q4, 2025 Results on May 30, 2025 Duke Offshore Limited announced that they will report Q4, 2025 results on May 30, 2025 Reported Earnings • Feb 16
Third quarter 2025 earnings released: ₹0.79 loss per share (vs ₹0.12 profit in 3Q 2024) Third quarter 2025 results: ₹0.79 loss per share (down from ₹0.12 profit in 3Q 2024). Net loss: ₹7.79m (down ₹8.98m from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Announcement • Feb 05
Duke Offshore Limited to Report Q3, 2025 Results on Feb 14, 2025 Duke Offshore Limited announced that they will report Q3, 2025 results on Feb 14, 2025 Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹20.24, the stock trades at a trailing P/E ratio of 30.9x. Average trailing P/E is 22x in the Energy Services industry in India. Total returns to shareholders of 101% over the past three years. Reported Earnings • Nov 16
Second quarter 2025 earnings released: ₹0.65 loss per share (vs ₹0.63 loss in 2Q 2024) Second quarter 2025 results: ₹0.65 loss per share (further deteriorated from ₹0.63 loss in 2Q 2024). Revenue: ₹137.0k (down 97% from 2Q 2024). Net loss: ₹6.43m (loss widened 3.7% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Announcement • Nov 09
Duke Offshore Limited to Report First Half, 2025 Results on Nov 14, 2024 Duke Offshore Limited announced that they will report first half, 2025 results on Nov 14, 2024 Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹18.94, the stock trades at a trailing P/E ratio of 28x. Average trailing P/E is 26x in the Energy Services industry in India. Total returns to shareholders of 58% over the past three years. New Risk • Oct 01
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 7.7% 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 Risks Revenue is less than US$1m (₹28m revenue, or US$339k). Market cap is less than US$10m (₹238.6m market cap, or US$2.85m). Minor Risk Share price has been volatile over the past 3 months (7.7% average weekly change). Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹25.48, the stock trades at a trailing P/E ratio of 37.6x. Average trailing P/E is 35x in the Energy Services industry in India. Total returns to shareholders of 113% over the past three years. Announcement • Sep 06
Duke Offshore Limited, Annual General Meeting, Sep 30, 2024 Duke Offshore Limited, Annual General Meeting, Sep 30, 2024, at 12:00 Indian Standard Time. Location: 403, urvashi, off sayani road, prabhadevi, mumbai-400025., mumbai India Board Change • Sep 06
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Non-Executive Independent Women Director Revati Pambala was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Sep 05
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹24.83, the stock trades at a trailing P/E ratio of 36.7x. Average trailing P/E is 35x in the Energy Services industry in India. Total returns to shareholders of 120% over the past three years. Announcement • Aug 29
Duke Offshore Limited Proposes the Resignation of Sujay Nitin Kantawala as Non-Executive Independent Director Duke Offshore Limited proposed the resignation of Mr. Sujay Nitin Kantawala (DIN: 00271102) as a Non-Executive Independent Director of the Company, to its AGM to be held on September 4, 2024. Reported Earnings • Aug 16
First quarter 2025 earnings released: ₹0.24 loss per share (vs ₹0.34 profit in 1Q 2024) First quarter 2025 results: ₹0.24 loss per share (down from ₹0.34 profit in 1Q 2024). Revenue: ₹7.49m (down 45% from 1Q 2024). Net loss: ₹2.40m (down 172% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹25.07, the stock trades at a trailing P/E ratio of 19.9x. Average trailing P/E is 36x in the Energy Services industry in India. Total returns to shareholders of 110% over the past three years. Announcement • Aug 07
Duke Offshore Limited to Report Q1, 2025 Results on Aug 14, 2024 Duke Offshore Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹16.26, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 37x in the Energy Services industry in India. Total returns to shareholders of 28% over the past three years. Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹1.26 (vs ₹0.46 loss in FY 2023) Full year 2024 results: EPS: ₹1.26 (up from ₹0.46 loss in FY 2023). Revenue: ₹41.4m (up 49% from FY 2023). Net income: ₹12.4m (up ₹16.9m from FY 2023). Profit margin: 30% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Announcement • May 24
Duke Offshore Limited to Report Q4, 2024 Results on May 30, 2024 Duke Offshore Limited announced that they will report Q4, 2024 results on May 30, 2024 New Risk • Mar 31
New minor risk - Financial position The company has less than a year of cash runway based on its current free cash flow. Free cash flow: -₹851k This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 3.4% per year over the past 5 years. Revenue is less than US$1m (₹35m revenue, or US$420k). Market cap is less than US$10m (₹111.2m market cap, or US$1.33m). Minor Risks Less than 1 year of cash runway based on current free cash flow (-₹851k). Share price has been volatile over the past 3 months (8.8% average weekly change). Reported Earnings • Feb 15
Third quarter 2024 earnings released: EPS: ₹0.12 (vs ₹0.012 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.12 (up from ₹0.012 in 3Q 2023). Revenue: ₹9.89m (up 20% from 3Q 2023). Net income: ₹1.18m (up ₹1.06m from 3Q 2023). Profit margin: 12% (up from 1.5% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Announcement • Feb 07
Duke Offshore Limited to Report Q3, 2024 Results on Feb 14, 2024 Duke Offshore Limited announced that they will report Q3, 2024 results on Feb 14, 2024 Valuation Update With 7 Day Price Move • Oct 20
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to ₹13.63, the stock trades at a trailing P/E ratio of 24.5x. Average trailing P/E is 22x in the Energy Services industry in India. Total returns to shareholders of 91% over the past three years. New Risk • Oct 14
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 8.9% 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 Risks Share price has been highly volatile over the past 3 months (8.9% average weekly change). Revenue is less than US$1m (₹35m revenue, or US$415k). Market cap is less than US$10m (₹106.6m market cap, or US$1.28m). Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹10.41, the stock trades at a trailing P/E ratio of 18.7x. Average trailing P/E is 19x in the Energy Services industry in India. Total returns to shareholders of 27% over the past three years. Announcement • Sep 08
Duke Offshore Limited, Annual General Meeting, Sep 29, 2023 Duke Offshore Limited, Annual General Meeting, Sep 29, 2023, at 12:00 Indian Standard Time. Location: Registered Office of the company at 403, Urvashi, Off Sayani Road Prabhadevi, Mumbai 400025 Mumbai, Maharashtra India Agenda: To receive, consider and adopt the audited Financial Statements of the Company, for the financial year ended on March 31st, 2023 including the Balance Sheet as at March 31st, 2023, the Statement of Profit & Loss for the financial year ended on that date and the Reports of the Auditors and Directors thereon; to consider Ratification of Appointment of Statutory Auditors; and to consider other business matters. Reported Earnings • Aug 18
First quarter 2024 earnings released: EPS: ₹0.34 (vs ₹0.42 loss in 1Q 2023) First quarter 2024 results: EPS: ₹0.34 (up from ₹0.42 loss in 1Q 2023). Revenue: ₹13.7m (up 160% from 1Q 2023). Net income: ₹3.32m (up ₹7.44m from 1Q 2023). Profit margin: 24% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Aug 08
Duke Offshore Limited to Report Q1, 2024 Results on Aug 14, 2023 Duke Offshore Limited announced that they will report Q1, 2024 results at 12:15 PM, Indian Standard Time on Aug 14, 2023 New Risk • Jul 22
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 8.7% 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 Risks Share price has been highly volatile over the past 3 months (8.7% average weekly change). Earnings have declined by 31% per year over the past 5 years. Revenue is less than US$1m (₹28m revenue, or US$339k). Market cap is less than US$10m (₹76.1m market cap, or US$928.6k). Reported Earnings • May 31
Full year 2023 earnings released: ₹0.46 loss per share (vs ₹4.17 loss in FY 2022) Full year 2023 results: ₹0.46 loss per share (improved from ₹4.17 loss in FY 2022). Revenue: ₹28.5m (up 95% from FY 2022). Net loss: ₹4.49m (loss narrowed 89% from FY 2022). Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 11% per year. Reported Earnings • Feb 14
Third quarter 2023 earnings released: EPS: ₹0.01 (vs ₹1.23 loss in 3Q 2022) Third quarter 2023 results: EPS: ₹0.01 (up from ₹1.23 loss in 3Q 2022). Revenue: ₹8.23m (up 272% from 3Q 2022). Net income: ₹120.0k (up ₹12.3m from 3Q 2022). Profit margin: 1.5% (up from net loss in 3Q 2022). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • Jan 31
Duke Offshore Limited to Report Q3, 2023 Results on Feb 13, 2023 Duke Offshore Limited announced that they will report Q3, 2023 results on Feb 13, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: ₹0.05 loss per share (vs ₹1.15 loss in 2Q 2022) Second quarter 2023 results: ₹0.05 loss per share (improved from ₹1.15 loss in 2Q 2022). Revenue: ₹7.50m (up 167% from 2Q 2022). Net loss: ₹480.0k (loss narrowed 96% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Announcement • Nov 06
Duke Offshore Limited to Report First Half, 2023 Results on Nov 12, 2022 Duke Offshore Limited announced that they will report first half, 2023 results on Nov 12, 2022 Announcement • Sep 09
Duke Offshore Limited, Annual General Meeting, Sep 30, 2022 Duke Offshore Limited, Annual General Meeting, Sep 30, 2022, at 12:00 Indian Standard Time. Location: 403, Urvashi, Off Sayani Road, Prabhadevi Mumbai Maharashtra India Agenda: To receive, consider and adopt the audited Financial Statements of the Company, for the financial year ended March 31, 2022 including the Balance Sheet as at March 31, 2022, the Statement of Profit & Loss for the financial year ended on that date and the Reports of the Auditors and Directors thereon; to consider Ratification of Appointment of Statutory Auditors; and to consider other matters. Reported Earnings • Aug 18
First quarter 2023 earnings released: ₹0.42 loss per share (vs ₹0.91 loss in 1Q 2022) First quarter 2023 results: ₹0.42 loss per share (up from ₹0.91 loss in 1Q 2022). Revenue: ₹5.31m (up 104% from 1Q 2022). Net loss: ₹4.13m (loss narrowed 54% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • May 24
Duke Offshore Limited to Report Q4, 2022 Results on May 30, 2022 Duke Offshore Limited announced that they will report Q4, 2022 results on May 30, 2022 Reported Earnings • Feb 17
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: ₹1.23 loss per share (down from ₹0.42 loss in 3Q 2021). Revenue: ₹2.24m (down 48% from 3Q 2021). Net loss: ₹12.1m (loss widened 196% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 43 percentage points per year, which is a significant difference in performance. Announcement • Feb 16
Duke Offshore Limited Announces Resignation of Prafulla Devaliya as Company Secretary Duke Offshore Limited at its board meeting held on February 14, 2022 considered the resignation of Ms. Prafulla Devaliya as Company Secretary. Announcement • Feb 08
Duke Offshore Limited to Report Q3, 2022 Results on Feb 14, 2022 Duke Offshore Limited announced that they will report Q3, 2022 results on Feb 14, 2022 Reported Earnings • Jul 01
Full year 2021 earnings released: ₹0.20 loss per share (vs ₹2.73 loss in FY 2020) The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2021 results: Revenue: ₹19.1m (down 55% from FY 2020). Net loss: ₹19.7m (loss narrowed 27% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Executive Departure • Apr 10
CFO & Executive Director has left the company On the 30th of March, Shaival Trivedi's tenure in the role of CFO & Executive Director ended. We don't have any record of a personal shareholding under Shaival's name. Shaival is the only executive to leave the company over the last 12 months. Announcement • Feb 05
Duke Offshore Limited to Report Q3, 2021 Results on Feb 11, 2021 Duke Offshore Limited announced that they will report Q3, 2021 results on Feb 11, 2021 Announcement • Dec 10
Duke Offshore Limited, Annual General Meeting, Dec 30, 2020 Duke Offshore Limited, Annual General Meeting, Dec 30, 2020, at 12:00 Indian Standard Time. Location: 403-Urvashi, Off Sayani Road, Prabhadevi Mumbai Maharashtra India Agenda: To consider and adopt the Audited Financial Statement of the Company for the financial year ended March 31, 2020, the reports of the Board of Directors and Auditors thereon, and; To appoint M/s. S C M K & CO LLP, Chartered Accountants, Mumbai as Statutory Auditor of the Company; and to consider other matters. Is New 90 Day High Low • Dec 07
New 90-day high: ₹11.27 The company is up 4.0% from its price of ₹10.81 on 08 September 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Energy Services industry, which is up 2.0% over the same period. Announcement • Sep 08
Duke Offshore Limited to Report Q1, 2021 Results on Sep 15, 2020 Duke Offshore Limited announced that they will report Q1, 2021 results on Sep 15, 2020 Announcement • Jul 24
Duke Offshore Limited to Report Q4, 2020 Results on Jul 31, 2020 Duke Offshore Limited announced that they will report Q4, 2020 results on Jul 31, 2020 