About HAL Offshore
HAL Offshore is an Energy & Utilities company based in Mumbai (India) founded in 1995. It operates as an offshore engineering, marine services, and project execution in the energy sector. The company has 349 employees. HAL Offshore has completed 1 acquisition, including Seamec. Its Indian entity Hal Offshore Limited reported revenue of ₹2,257 Cr. HAL Offshore offers products and services including Marine Services and Engineering Services. Its focus areas include Energy, Engineering, Procurement and Installation and Subsea Projects.
Company details
Haloffshore is noted for delivering engineering, procurement, construction, and installation services within the oil and gas industry, with projects such as gas dehydration unit revamps and marine vessel charters having been executed for clients like ONGC and Oil India. Operations are managed from Mumbai, India, where quality, health, safety, and environmental policies are emphasized. Various contracts have been awarded on an LSTK basis, reflecting involvement in subsea interventions and energy infrastructure developments. The companys milestones include successful completions in Assam and other assets, ensuring reliable service delivery in specialized marine and engineering domains.
- Headquarters Mumbai, India
- Employees 349
- SectorsEnergy & Utilities
- Phone•••• ••••
- Legal Name Hal Offshore Limited
- Date of Incorporation 17 Dec, 1996
- Jurisdiction Ghaziabad, Uttar Pradesh, India
- Annual Revenue₹2,257 Cr
FY 2024 · +51% YoY
- Net Profit₹446 Cr
FY 2024 · 20% margin
- EBITDA₹691 Cr
FY 2024 · 31% margin
- Employee Count349
- Investments & Acquisitions
Associated legal entities of HAL Offshore
HAL Offshore operates through Hal Offshore Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Hal Offshore Limited CIN U24298UP1996PLC222222 | Active | 17 Dec 1996 | Ghaziabad, Uttar Pradesh | ₹2,257 Cr | 349 | 6 | View details |
Products & Services of HAL Offshore
HAL Offshore offers a comprehensive portfolio of products and services, including Marine Services and Engineering Services.
Specialized marine services are provided, including construction and EPCI for oil and gas projects
Pre-engineering, detailed engineering, procurement, and commissioning services are delivered for various energy initiatives
Board of directors of Hal Offshore Limited (HAL Offshore)
Hal Offshore Limited is the primary company behind HAL Offshore. The board of Hal Offshore Limited currently have 5 directors; the longest-serving is Subrat Das, appointed in 2016. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Subrat Das DIN 07105815 | CFO | 22 Feb 2016 | 10 yrs 7 mo | Hal Offshore Limited |
| Krishan Kumar DIN 01351403 | Director | 30 Sep 2019 | 7 yrs | Hal Offshore Limited |
| Neha Jain DIN 07286659 | Director | 30 Sep 2019 | 7 yrs | Hal Offshore Limited |
| Vineet Saran Agrawal DIN 06993827 | Whole-time director | 13 Jan 2020 | 6 yrs 9 mo | Hal Offshore Limited |
| Naveen Mohta DIN 07027180 | Director | 31 Aug 2021 | 5 yrs 1 mo | Hal Offshore Limited |
People of HAL Offshore
30 people are tracked at HAL Offshore (6 in leadership, 5 in board & advisors, 19 in team); the tracked headcount is 349.
| Name | Role | Group |
|---|---|---|
K N Rathi | President | Leadership |
Bipin Parab | VP, Subsea Operations | Leadership |
| VP, EPIC Projects | Leadership | |
| VP, Commercial | Leadership | |
Ranjit Mulay | Chief Engineer | Leadership |
Murali Saravanan | Chief Officer SDPO | Leadership |
| Board Director | Board & advisors | |
Vijay Kumar Gupta | Board Director | Board & advisors |
| Board Director | Board & advisors | |
| Board Director | Board & advisors | |
Kamal Narayan Rathi | Board Director | Board & advisors |
Jaga Sailor | Fourth Engineer | Team |
Shailendra Singh | Project Engineer | Team |
Imran Hussain | Electrical Engineer | Team |
Roop Keshor | Mechanical Engineer | Team |
Ashwin Dingankar | Engineer | Team |
Dhanaji Yamade | Mechanical Engineer | Team |
Sudhir Kumar | Senior Engineer Qa/qc | Team |
Mohamed Fazil | Health Safety Environment Engineer | Team |
Debashish Nandan Nath | Mechanical Maintenance Engineer | Team |
10 more people are available in the full profile.
Complete people profiles for HAL Offshore
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Financials of HAL Offshore
Figures of Hal Offshore Limited, the primary company behind HAL Offshore, for FY 2024. Revenue was ₹2,257 Cr (+51% year on year). Net profit was ₹446 Cr (20% margin). EBITDA was ₹691 Cr (31% margin). Revenue has grown at a compounded annual rate of +28% over three years and +18% over five years.
- ₹2,257 CrRevenue · FY 2024 · +51% YoY
- ₹446 CrNet profit · 20% margin
- ₹691 CrEBITDA · 31% margin
- ₹14.87 CrPaid-up capital
- 349Employees (provident fund records)
- +28%Revenue CAGR, 3 years
- +18%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Hal Offshore Limited are on its company page.
Detailed financial statements for HAL Offshore
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by HAL Offshore
HAL Offshore has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Seamec.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Support, repair, and maintenance services are provided offshore. | seamec.in | Mumbai, India | 1986 | Apr 2014 | $40M |
Complete acquisition details for HAL Offshore
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Timeline of HAL Offshore
2 dated milestones of HAL Offshore across 19 years, from founding to its latest funding, stage changes and deals.
- Founded HAL Offshore is founded.
- Acquisition Acquires Seamec.
Web traffic of HAL Offshore
The website of HAL Offshore (haloffshore.in) receives about 5.3K visits a month.
- Monthly visits5.3K
▼ 57.1% vs previous month
Top companies in Oil & Gas Operations
10 companies that operate in the same segment as HAL Offshore (Oil & Gas Operations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Oilfield services and products are supplied worldwide by Schlumberger. | 1926 | United States | – | USD 35.69 B | 110,000 | |
MET Group is engaged in energy trading and renewable production. | 2012 | Zug, Zug, Switzerland | USD 58.74 M | USD 33.52 M | – | |
bp is recognized as a global energy company. | 1909 | United States | – | USD 185.5 B | 100,500 | |
Energy production and transportation are conducted by Dominion Energy. | 1983 | United States | – | USD 16.73 B | 14,700 | |
Provider of oil & gas downstream services | 1997 | United States | – | USD 13.55 B | 10,680 | |
Energy infrastructure services are provided by Kinder Morgan. | 1997 | United States | – | USD 16.81 B | 10,930 | |
Shell is recognized as a global energy and petrochemical company. | 1907 | London, England, United Kingdom | – | USD 262.93 B | 104,000 | |
Provider of natural gas & oil exploration and transportation services | 1922 | Buenos Aires, Argentina | – | – | – | |
Midstream services for oil and gas are provided. | 1996 | Dallas, Texas, United States | – | USD 85.54 B | 16,250 | |
Integrated petroleum services are provided worldwide by Oxy. | 1920 | Houston, Texas, United States | – | USD 21.56 B | 13,320 |
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Related news about Hal Offshore
Complete news archive for HAL Offshore
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Frequently Asked Questions about HAL Offshore
HAL Offshore was founded in 1995.
HAL Offshore is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
HAL Offshore has 349 employees.
The primary company behind HAL Offshore, Hal Offshore Limited, reported revenue of ₹2,257 Cr for FY 2024, up 51% year on year.
Haloffshore is noted for delivering engineering, procurement, construction, and installation services within the oil and gas industry, with projects such as gas dehydration unit revamps and marine vessel charters having been executed for clients like ONGC and Oil India. Operations are managed from Mumbai, India, where quality, health, safety, and environmental policies are emphasized. Various contracts have been awarded on an LSTK basis, reflecting involvement in subsea interventions and energy infrastructure developments. The companys milestones include successful completions in Assam and other assets, ensuring reliable service delivery in specialized marine and engineering domains.
HAL Offshore offers Marine Services and Engineering Services.
HAL Offshore has made 1 acquisition, including Seamec.
HAL Offshore operates through Hal Offshore Limited.
The legal entities of HAL Offshore currently have 6 directors, including Naveen Mohta, Vineet Saran Agrawal, Subrat Das and others.