Garware Offshore Services Ltd-$ logo

Garware Offshore Services Ltd-$ share price

BSE: 501848Transport ServicesSmall Cap

Formerly Garware Offshore Services
Last close ₹36.15down ₹0.68 (1.85%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹36.83.

52-week range of traded prices to 23 Oct 2026
₹31.36Low, 30 Mar 2026₹82.05High, 24 Oct 2025
Market cap
₹111 Cr2,620th largest listed
P/E
Lossover the last 12 months
P/B
0.9
Dividend yield
Nonein the last 12 months
ROE
−7.9%
ROE without one-offs
−9.9%
ROCE
−4.1%
Debt to equity
0.50
Volume, BSE
5,029

Share price

Daily closes since Jan 2007, BSE closes Jan 2007 to Jul 2010, in Jul 2020, in Oct 2020 and Mar 2021 to Oct 2026, adjusted for splits and bonuses

−48.3%over a year

20-session average 16,534 shares a day

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 10 Aug

Revenue
₹12 Crdown 5.59%
Net profit
−₹2.87 CrQuarter to Mar 2026: −₹5.58 Cr
Net margin
−24.3%

Revenue by year

Net profit by year, a loss in red

  • Net profit
  • Loss
A loss in the year to Mar 2026, −₹9.29 CrA loss in 6 of the 10 years shown

The years either side of a change of basis do not compare. From the year to Mar 2020, the company's revenue for that year, ₹122 Cr, differs from its quarters added, ₹119 Cr. From the year to Mar 2022, the company's revenue for that year, ₹65 Cr, differs from its quarters added, ₹66 Cr. From the year to Mar 2025, the company reports a discontinued business.

₹ croreSep 2024Filed 30 OctDec 2024Filed 5 FebMar 2025Filed 29 JulJun 2025Filed 12 AugSep 2025Filed 17 DecDec 2025Filed 23 FebMar 2026Filed 1 JulJun 2026Filed 10 Aug
Revenue7.38.19.04.36.712.212.511.8
Net profit−2.19.6−3.8−1.90.2−2.0−5.6−2.9
Net margin−28.7%117.8%–−44.6%2.7%−16.3%−44.7%−24.3%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share. Net margin is left blank for Mar 2025: the profit includes the result of a business the company has discontinued, which the revenue does not, so the two make no margin.

The quarters either side of a change of basis do not compare. From the quarter to Mar 2025, the company reports a discontinued business.

Business segments

In the year to Mar 2026 the company reports one business segment, CHARTER OF OFFSHORE SUPPORT VESSEL, which carries all its revenue.

Valuation

Today, against the company's own history. Not shown, P/E: loss, last twelve months. Dividend yield is not shown: no dividend in the years on record. Its history crosses a change of basis in the accounts in the year to Mar 2025: days before it are of the company before the change.PE ratio and valuation history

Price to book

At or below today's level on 0.5% of 669 trading days over the last 3 years.

LowestHighest
Its median2.0Industry median1.7
EV to EBITDA12.5

At or below today's level on 0.4% of 247 trading days over the last year.

LowestHighest
Its median36.6Industry median9.5

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−64.2%––0.0%
3 years+18.3%––0.0%
5 years+39.4%––0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters30.33%
  • Foreign institutions0.03%
  • Indian institutions0.78%
  • Individuals and others68.85%
Holder
SUSHMA ASHOK GARWAREPromoter7.89%
GARWARE MARINE INDUSTRIES LTD.Promoter4.72%
UNIVERSAL INVESTMENT SERVICES PVT. LTD.Promoter4.68%
RONDOR OVERSEAS LTDPromoter3.87%
ADITYA ASHOK GARWAREPromoter3.75%
SHRI KRISHNA WELFARE TRUSTOther non-institutions2.48%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

The filing reports 5,21,900 of its 3,07,70,443 shares locked in.

Peers and competitors

Shipping, 14 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Garware Offshore Services Ltd-$ in market cap. 1 company in the table last traded before then: its row is priced on its last trade.

Garware Offshore Services Ltd-$ is not on the chart: it has no P/E today

Return on equity across, P/E up, size is market cap
Company
ABS Marine Services logoABS Marine ServicesABSMARINE6978.62.2–+77.4%+200.2%30.0%–0.00%
Transworld Shipping Lines logoTransworld Shipping LinesTRANSWORLD361–0.5–−36.5%––−12.8%0.00%
Essar Shipping logoEssar ShippingESSARSHPNG303–––––––0.00%
Sadhav Shipping logoSadhav ShippingSADHAV17712.0––+0.7%+25.3%14.7%9.0%0.00%
Chowgule Steamships logoChowgule SteamshipsCHOWGULSTM75341.61.7–−14.0%−79.3%0.5%−3.4%0.00%
Fly-Hi Maritime TravelsFLYHI60–––––––0.00%
ARVIND PORT AND INFRA logoARVIND PORT AND INFRAARVINDPORT5244.30.6–−46.7%−88.3%1.5%–0.00%
Datiware Maritime Infra logoDatiware Maritime InfraDATIWARE18––132.3+43.4%––1.1%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Ex-dateTypePer share
16 Sep 2014Final₹1.20
26 Aug 2013Final₹0.80
10 Jun 2013Interim₹0.80
22 Apr 2013Interim₹0.80
21 Sep 2012Final₹0.70
9 Aug 2012Interim₹0.60
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Garware Offshore Services Ltd-$ share price by year

Each calendar year to 2025.Garware Offshore Services Ltd-$ share price history

YearClose at year endChangeHighest closeLowest close
2025BSE close56.62−50.0%123.7556.38
2024BSE close113.15+92.3%135.4042.34
2023BSE close58.83+19.7%65.1720.00
2022BSE close49.15−21.1%63.9533.25
2021BSE close62.30+577.2%62.305.56
2020BSE close9.20+75.2%10.852.75
20195.25−63.3%14.405.05
201814.30−62.5%43.9010.60
201738.10−33.1%71.9532.55
201656.95−82.9%348.1052.75
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
23 Oct 202639.0039.0034.6136.1536.725,029
22 Oct 202638.1038.1036.8036.8337.526,597
21 Oct 202638.1339.9938.0038.1738.575,825
19 Oct 202639.5039.6038.5138.9138.982,331
16 Oct 202642.9942.9939.5140.0040.3213,068
15 Oct 202642.0044.5041.5242.7742.735,009
14 Oct 202640.9944.7938.5041.8940.8921,665
13 Oct 202639.0041.5038.2540.7340.172,745
12 Oct 202640.5040.8038.2539.1239.0012,043
9 Oct 202641.6741.6739.5039.9940.0920,846
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.

Ex-dateEventPrice factorWhat happened
12 Oct 2015Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
Each event is noted and not adjusted for.

Company details

Legal name
GARWARE OFFSHORE SERVICES LIMITED
BSE code
501848
ISIN
INE446C01013
Industry
Transport Services
Listed
Aug 1981
Face value
₹10
Former symbols
GLOBOFFS, GARWOFFS
CIN
L61100MH1976PLC019229
Corporate identity number, the registrar of companies' code for it