Global Offshore Services

Mumbai, India Founded: 1976 • Age: 50 yrs Listed
Interior, HVAC, electrical, and fire system contracting services are provided.

About Global Offshore Services

Global Offshore Services is a publicly listed company based in Mumbai (India) founded in 1976. Interior, HVAC, electrical, and fire system contracting services are provided. The company has 16 employees. Its chief executive, as recorded, is Niladri Sengupta. Its Indian entity Garware Offshore Services Limited reported revenue of β‚Ή43.27 Cr. Global Offshore Services offers products and services including Offshore Logistics Services and Incident-Free Support Services. Its focus areas include Energy and Oil & Gas Equipment.

Company details

Global Offshore Services was established in 1976 in Mumbai, India. Contracting services in interiors, HVAC, electrical, and fire systems are delivered across sectors including retail, hospitality, and healthcare. Project management is handled, with civil and interior works executed. Electrical, HVAC, and fire system installations are managed to meet industry standards. Operations focus on functional and compliant spaces for diverse clients.

  • Headquarters Mumbai, India
  • Employees 16
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website globaloffshore.in
  • Legal Name Global Offshore Services Limited
Key Metrics
  • Market Cap
    ₹118 Cr

    GARWAOFFS · BSE

  • Share Price
    ₹37.50

    -2.32% today

  • Revenue
    ₹35.72 Cr

    FY 2025-26 · +9.1% YoY

  • EBITDA
    ₹6.54 Cr

    Margin 18.3%

  • Net Profit
    −₹15.02 Cr

    FY 2025-26 · -61.7% YoY

  • Debt / Equity
    0.36

    Interest cover -38.8x

  • Employee Count
    16

Products & Services of Global Offshore Services

Global Offshore Services offers a comprehensive portfolio of products and services, including Offshore Logistics Services and Incident-Free Support Services.

Offshore Logistics Services
Logistics

Logistic services are offered for offshore exploration and production, with a focus on safety and quality standards.

Incident-Free Support Services
Support

Support services are provided for the construction industry, emphasizing incident-free operations and environmental compliance.

Board of directors of Garware Offshore Services Limited (Global Offshore Services)

Garware Offshore Services Limited is the primary company behind Global Offshore Services. The board of Garware Offshore Services Limited currently have 6 directors; the longest-serving is Maneesha Shatul Shah, appointed in 1992. 18 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Maneesha Shatul Shah
DIN 00019794
Director30 Nov 199233 yrs 11 moGarware Offshore Services Limited
Aditya Ashok Garware
DIN 00019816
Director31 May 199333 yrs 5 moGarware Offshore Services Limited
Mukund Madhav Honkan
DIN 08392886
Whole-time director01 Apr 20197 yrs 7 moGarware Offshore Services Limited
Faisy Viju
DIN 06904661
Director10 Jan 20206 yrs 10 moGarware Offshore Services Limited
Jisupriya Madhablal Guhathakurta
DIN 10306595
Director05 Feb 20242 yrs 9 moGarware Offshore Services Limited
Smita Durgadatt Gaur
DIN 10564597
Director29 Mar 20242 yrs 7 moGarware Offshore Services Limited

People of Global Offshore Services

1 people are tracked at Global Offshore Services (1 in leadership); the tracked headcount is 16.

NameRoleGroup
CEO & DirectorLeadership
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IPO & Listings of Global Offshore Services

Global Offshore Services is a publicly listed company on the BSE with ticker symbol GLOBOFFS in India, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date03 May 2007
  • Listed onNSE: GLOBOFFS
  • Listed entityGlobal Offshore Services Limited
  • Exchange sectorIndustrial services
  • ISININE446C01013
  • Share price₹48.80 (-1.97% on the day) · 2026-04-15
  • Market capitalisation₹153 Cr
  • Price to earnings25.9
  • EPS (diluted, trailing year)₹-1.81
  • Volume (last session)25,806
  • Analyst consensusNo rating

Financials of Global Offshore Services

Exchange-reported figures of Garware Offshore Services Limited, the listed company behind Global Offshore Services (BSE: GARWAOFFS).

Financial Highlights

FY 2025-26 Β· Consolidated
Revenue
₹35.72 Cr
+9.1% YoY
EBITDA
₹6.54 Cr
+38.9% YoY
Profit After Tax
−₹15.02 Cr
-61.7% YoY
Net Worth
₹125 Cr
-6.8% YoY
Total Assets
₹189 Cr
+15.8% YoY
Total Debt
₹64.50 Cr
+118.3% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue35.7232.7539.2151.0164.9777.67122
Revenue growth+9.1%-16.5%-23.1%-21.5%-16.4%-36.3%-
EBITDA6.544.71(4.22)(215)(12.96)(7.83)(308)
EBITDA margin+18.3%+14.4%-10.8%-422.0%-20.0%-10.1%-252.6%
Profit before tax(8.45)3.7339.65384(70.75)330(8.98)
Net profit(15.02)(9.29)(17.51)(121)(46.53)(171)(102)
Net profit margin-42.1%-28.4%-44.7%-237.6%-71.6%-220.6%-83.8%
EPS (β‚Ή)(3.02)1.1914.49127.65(25.16)88.20(14.09)
Balance sheet
Total assets189164120175353412437
Net worth12513482.3947.48(255)(187)(413)
Total debt64.5029.5537.371576996781,043
Cash & bank9.3240.565.326.5110.627.1812.26
Net working capital13.3042.86(0.84)(19.45)(143)(111)(81.93)
Cash flow
Cash from operations7.629.4111.788.1218.2522.6016.19
Cash from investing(72.32)(10.93)81.4264.61(5.79)(9.54)47.26
Cash from financing33.4638.85(94.39)(76.84)(9.02)(18.15)(72.68)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue10.7911.7912.4812.246.744.258.978.13
Revenue growth (YoY)+60.1%+177.4%+39.1%+50.6%-7.2%-49.3%--
Other income0.460.170.380.522.544.110.8312.42
EBITDA3.414.142.734.391.89(2.48)1.431.07
EBITDA margin+31.6%+35.1%+21.9%+35.9%+28.0%-58.4%+15.9%+13.2%
Depreciation5.915.616.515.083.552.953.443.49
Interest1.621.511.621.730.610.480.650.40
Profit before tax(3.66)(2.81)(5.02)(1.90)0.27(1.80)(1.83)9.60
Tax0.050.050.560.110.090.100.020.03
Net profit(3.71)(2.86)(5.58)(2.01)0.18(1.90)(1.85)9.57
EPS (β‚Ή)(1.21)(0.93)(1.90)(0.65)0.06(0.62)(0.63)3.66
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue35.7232.7529.9629.6147.3561.2070.80
Revenue growth+9.1%+9.3%+1.2%-37.5%-22.6%-13.6%-
EBITDA7.266.89(112)(214)(15.22)15.51(18.70)
EBITDA margin+20.3%+21.0%-374.9%-723.8%-32.1%+25.3%-26.4%
Profit before tax(10.86)(7.89)(119)173(61.76)(16.67)(66.70)
Net profit(11.71)(8.25)(6.94)(45.00)(46.13)(29.04)(24.09)
Net profit margin-32.8%-25.2%-23.2%-152.0%-97.4%-47.5%-34.0%
EPS (β‚Ή)(3.81)(2.60)(48.91)69.55(25.09)(6.96)(26.22)
Balance sheet
Total assets189156123259456507544
Net worth12813998.6322047.61110127
Total debt60.8817.2623.9839.14408397417
Cash & bank9.0532.085.316.2510.546.9311.43
Net working capital12.7535.502.0216.40(88.45)(61.03)(22.48)
Cash flow
Cash from operations8.55(0.40)12.53(1.01)10.7411.0424.57
Cash from investing(69.42)(11.01)11.9766.02(4.73)(3.58)(12.25)
Cash from financing37.8340.27(25.44)(69.29)(2.40)(11.96)(6.97)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue10.7911.7912.4812.246.744.258.978.13
Revenue growth (YoY)+60.1%+177.4%+39.1%+50.6%-7.2%-49.3%--
Other income0.430.170.310.612.710.790.600.05
Total expenses7.347.649.537.834.826.276.497.14
EBITDA3.454.152.954.411.92(2.02)2.480.99
EBITDA margin+32.0%+35.2%+23.6%+36.0%+28.5%-47.5%+27.6%+12.2%
Depreciation5.915.616.515.083.552.953.443.49
Interest1.621.511.611.730.610.480.630.37
Profit before tax(3.65)(2.80)(4.86)(1.79)0.47(4.66)(0.99)(2.82)
Tax0.050.050.560.110.090.100.020.03

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 12 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue10.7911.7912.4812.246.744.258.978.13
Revenue growth (YoY)+60.1%+177.4%+39.1%+50.6%-7.2%-49.3%--
Other income0.460.170.380.522.544.110.8312.42
EBITDA3.414.142.734.391.89(2.48)1.431.07
EBITDA margin+31.6%+35.1%+21.9%+35.9%+28.0%-58.4%+15.9%+13.2%
Depreciation5.915.616.515.083.552.953.443.49
Interest1.621.511.621.730.610.480.650.40
Profit before tax(3.66)(2.81)(5.02)(1.90)0.27(1.80)(1.83)9.60
Tax0.050.050.560.110.090.100.020.03
Net profit(3.71)(2.86)(5.58)(2.01)0.18(1.90)(1.85)9.57
EPS (β‚Ή)(1.21)(0.93)(1.90)(0.65)0.06(0.62)(0.63)3.66
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue35.7232.7539.2151.0164.9777.67122
Revenue growth+9.1%-16.5%-23.1%-21.5%-16.4%-36.3%-
Other income7.5514.6364.686391.40391403
Total expenses29.1828.0443.4326677.9385.50430
Employee cost0.003.815.124.9526.1131.3837.77
EBITDA6.544.71(4.22)(215)(12.96)(7.83)(308)
EBITDA margin+18.3%+14.4%-10.8%-422.0%-20.0%-10.1%-252.6%
Depreciation18.1013.5114.6731.1535.1030.4930.77
Interest4.442.106.148.8924.0922.9473.65
Profit before tax(8.45)3.7339.65384(70.75)330(8.98)
Tax0.850.081.981.360.290.59(1.85)
Net profit(15.02)(9.29)(17.51)(121)(46.53)(171)(102)
Net profit margin-42.1%-28.4%-44.7%-237.6%-71.6%-220.6%-83.8%
EPS (β‚Ή)(3.02)1.1914.49127.65(25.16)88.20(14.09)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital30.7430.6424.7324.7324.7324.7324.73
Reserves & surplus94.1210357.6622.75(280)(212)(438)
Shareholders' funds (net worth)12513482.3947.48(255)(187)(413)
Minority interest0.000.000.00(29.45)(90.25)(78.61)(193)
Secured loans57.960.000.9773.00541536985
Unsecured loans6.5429.5536.4083.6015814157.92
Total debt64.5029.5537.371576996781,043
Total liabilities189164120175353412437
Assets
Gross block281212203606977959934
Net block173116120194495522514
Capital work in progress0.000.000.000.000.000.000.00
Investments0.300.360.140.080.150.060.03
Inventories9.228.619.5715.2918.6920.0345.03
Sundry debtors8.375.294.5910.7712.9321.8027.47
Cash & bank balances9.3240.565.326.5110.627.1812.26
Loans & advances3.123.882.6623.057.607.2925.48
Total current assets30.0358.3422.1455.6249.8456.30110
Total current liabilities16.7315.4822.9875.07193167192
Net working capital13.3042.86(0.84)(19.45)(143)(111)(81.93)
Total assets189164120175353412437
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash40.563.236.5110.627.1812.2621.49
Net cash from operating activities7.629.4111.788.1218.2522.6016.19
Net cash from investing activities(72.32)(10.93)81.4264.61(5.79)(9.54)47.26
Net cash from financing activities33.4638.85(94.39)(76.84)(9.02)(18.15)(72.68)
Net change in cash(31.24)37.33(1.19)(4.11)3.44(5.08)(9.23)
Closing cash9.3240.565.326.5110.627.1812.26
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+9.1%-16.5%-23.1%-21.5%-16.4%-36.3%-
EBITDA growth+38.9%+211.6%+98.0%-1560.8%-65.5%+97.5%-
PBT growth--90.6%-89.7%+9998.0%-+9998.0%+98.7%
Net income growth-61.7%+46.9%+85.6%-160.5%+72.8%-67.6%-
Revenue CAGR (3Y)-11.2%-20.4%-20.4%-25.2%-20.2%-17.0%-9.0%
EBITDA CAGR (3Y)---18.6%-11.3%-71.8%-63.7%+90.7%
Profitability & leverage
Net income margin-26.0%+11.1%+96.1%+750.0%-109.3%+423.6%-5.9%
Return on capital employed0.0%-2.1%-2.2%-10.3%0.0%-4.7%0.0%
Return on net worth0.0%-3.1%-5.8%-3308.7%0.0%+89.0%0.0%
Debt / equity0.360.311.490.000.000.000.00
Long-term debt / equity0.250.100.620.000.000.000.00
Interest cover-38.77-27.20-32.50-3.61-50.12-59.86-21.74
Efficiency & per share
Fixed asset turnover0.140.160.100.060.070.080.10
Inventory turnover4.013.603.153.003.362.392.66
Debtors turnover5.236.635.114.303.743.155.29
EPS (β‚Ή)(3.02)1.1914.49127.65(25.16)88.20(14.09)
Dividend per share (β‚Ή)0.000.000.000.000.000.000.00
Book value per share (β‚Ή)40.6143.6633.3219.20(103.28)(75.66)(167.17)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue10.7911.7912.4812.246.744.258.978.13
Revenue growth (YoY)+60.1%+177.4%+39.1%+50.6%-7.2%-49.3%--
Other income0.430.170.310.612.710.790.600.05
Total expenses7.347.649.537.834.826.276.497.14
EBITDA3.454.152.954.411.92(2.02)2.480.99
EBITDA margin+32.0%+35.2%+23.6%+36.0%+28.5%-47.5%+27.6%+12.2%
Depreciation5.915.616.515.083.552.953.443.49
Interest1.621.511.611.730.610.480.630.37
Profit before tax(3.65)(2.80)(4.86)(1.79)0.47(4.66)(0.99)(2.82)
Tax0.050.050.560.110.090.100.020.03
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue35.7232.7529.9629.6147.3561.2070.80
Revenue growth+9.1%+9.3%+1.2%-37.5%-22.6%-13.6%-
Other income4.410.747.694150.4212.300.92
Total expenses28.4625.8614224462.5745.6989.50
Employee cost0.003.814.294.5120.2720.1620.61
EBITDA7.266.89(112)(214)(15.22)15.51(18.70)
EBITDA margin+20.3%+21.0%-374.9%-723.8%-32.1%+25.3%-26.4%
Depreciation18.1013.5112.2724.1428.2426.4124.32
Interest4.432.012.073.2318.7218.0724.60
Profit before tax(10.86)(7.89)(119)173(61.76)(16.67)(66.70)
Tax0.850.081.971.350.280.55(1.89)
Net profit(11.71)(8.25)(6.94)(45.00)(46.13)(29.04)(24.09)
Net profit margin-32.8%-25.2%-23.2%-152.0%-97.4%-47.5%-34.0%
EPS (β‚Ή)(3.81)(2.60)(48.91)69.55(25.09)(6.96)(26.22)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital30.7430.6424.7324.7324.7324.7324.73
Reserves & surplus97.2010873.9019522.8884.82102
Shareholders' funds (net worth)12813998.6322047.61110127
Secured loans57.960.000.0013.20395384404
Unsecured loans2.9217.2623.9825.9413.1612.7313.05
Total debt60.8817.2623.9839.14408397417
Total liabilities189156123259456507544
Assets
Gross block282206197194597592564
Net block173116120129429453451
Capital work in progress0.000.000.000.000.000.000.00
Investments0.300.360.14113113113113
Inventories9.228.619.5711.1014.4516.5938.42
Sundry debtors8.375.294.593.618.4915.4613.50
Cash & bank balances9.0532.085.316.2510.546.9311.43
Loans & advances2.251.951.3421.476.325.837.84
Total current assets28.8947.9320.8142.4339.8044.8171.19
Total current liabilities16.1412.4318.7926.0312810693.67
Net working capital12.7535.502.0216.40(88.45)(61.03)(22.48)
Total assets189156123259456507544
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash32.083.236.2510.546.9311.436.08
Net cash from operating activities8.55(0.40)12.53(1.01)10.7411.0424.57
Net cash from investing activities(69.42)(11.01)11.9766.02(4.73)(3.58)(12.25)
Net cash from financing activities37.8340.27(25.44)(69.29)(2.40)(11.96)(6.97)
Net change in cash(23.03)28.86(0.94)(4.28)3.61(4.50)5.35
Closing cash9.0532.085.316.2510.546.9311.43
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+9.1%+9.3%+1.2%-37.5%-22.6%-13.6%-
EBITDA growth+5.4%+106.1%+47.6%-1308.2%-198.1%+182.9%-
PBT growth-37.6%+93.4%-+9998.0%-270.5%+75.0%+7.0%
Net income growth-41.9%-18.9%+84.6%+2.5%-58.9%-20.6%-
Revenue CAGR (3Y)+6.5%-11.6%-21.2%-25.2%-9.9%-7.1%-10.4%
EBITDA CAGR (3Y)---+125.5%-11.3%--
Profitability & leverage
Net income margin-32.8%-24.3%-403.7%+580.9%-131.0%-28.1%-91.5%
Return on capital employed0.0%0.0%0.0%-10.6%0.0%0.0%0.0%
Return on net worth0.0%0.0%0.0%-28.2%0.0%0.0%0.0%
Debt / equity0.290.170.201.675.123.452.53
Long-term debt / equity0.190.020.020.110.590.840.95
Interest cover-41.13-30.36-1.66-1.35-43.07-165.78-57.18
Efficiency & per share
Fixed asset turnover0.150.160.150.070.080.110.13
Inventory turnover4.013.602.902.323.052.231.80
Debtors turnover5.236.637.314.893.954.235.87
EPS (β‚Ή)(3.81)(2.60)(48.91)69.55(25.09)(6.96)(26.22)
Dividend per share (β‚Ή)0.000.000.000.000.000.000.00
Book value per share (β‚Ή)41.6245.2739.8888.7919.2544.3051.26

Web traffic of Global Offshore Services

The website of Global Offshore Services (globaloffshore.in) receives about 2K visits a month.

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    ▲ 3.9% vs previous month

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Frequently Asked Questions about Global Offshore Services

Global Offshore Services was founded in 1976.

Global Offshore Services is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Niladri Sengupta is the CEO of Global Offshore Services, as recorded in our data.

Global Offshore Services has 16 employees.

The primary company behind Global Offshore Services, Garware Offshore Services Limited, reported revenue of β‚Ή43.27 Cr for FY 2026, up 9% year on year.

Global Offshore Services was established in 1976 in Mumbai, India. Contracting services in interiors, HVAC, electrical, and fire systems are delivered across sectors including retail, hospitality, and healthcare. Project management is handled, with civil and interior works executed. Electrical, HVAC, and fire system installations are managed to meet industry standards. Operations focus on functional and compliant spaces for diverse clients.

Global Offshore Services offers Offshore Logistics Services and Incident-Free Support Services.

Yes, Global Offshore Services is publicly traded on BSE under the ticker symbol GLOBOFFS.

Global Offshore Services operates through Garware Offshore Services Limited.

The legal entities of Global Offshore Services currently have 8 directors, including Maneesha Shatul Shah, Aditya Ashok Garware, Ashesh Chandrakant Chandarana and others.

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