Duke Offshore Ltd - engineering in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L45209MH1985PLC038300 Incorporated 12 December 1985 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - BSE: 531471 Public Limited Company engineering
Data last updated
Market Cap
₹95.18 Cr
DUKEOFS · BSE
Share Price
₹98.49
+2.00% today
EBITDA
−₹1.67 Cr
FY 2025-26
Net Profit
−₹0.65 Cr
FY 2025-26 · +65.1% YoY
Authorised capital
₹30 Cr
Registered with MCA
Paid-up capital
₹9.86 Cr
Issued & subscribed
Satisfied charges
₹26.16 Cr
No open charges
Company age
41 yrs
Est. 1985

About Duke Offshore Ltd

Data last updated:

Duke Offshore Ltd is a public limited company based in Mumbai, Maharashtra, India. It operates in the marine and naval engineering segment of the engineering sector. It was incorporated on 12 December 1985 and has been in existence for over 41 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L45209MH1985PLC038300. Its GSTIN is 27AABCD3165B1Z4 (Maharashtra). Its shares are listed on BSE: 531471.

The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹9.86 Cr. It is led by directors including Avik George Duke (Managing Director) and Pranay Mehta.

Its last annual general meeting (AGM) was held on 13 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 403 – Urvashi Hsg Socety Ltd Off Sayani Road Prabhadevi, Mumbai, Maharashtra, India – 400025.

The net worth stands at ₹4.2 Cr (down 13.2% YoY). Total assets are valued at ₹4.44 Cr (down 13.5% YoY).

The company has about 14 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Duke Offshore. As per MCA filings, the company has satisfied charges of ₹26.16 Cr on record. Court records list 36 cases involving the company, including 7 filed by the company and 29 filed against it; 1 case is pending. The company has 8 deals on record (8 market trades); the latest was in September 2026. Its 10 peer companies in the Engineering industry (Marine Engineering, Shipping Services) are compared by revenue, 5 larger and 5 smaller; the largest is Pan India Shipping Private Limited with revenue of ₹74.45 Lakh.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dukeoffshore.com.

Company Details of Duke Offshore Ltd
CIN L45209MH1985PLC038300
Registration Number 038300
Incorporation Date 12 December 1985
ROC Mumbai
Listing Status Listed (BSE: 531471)
Company Status Active
Date of Last AGM 13 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    403 – Urvashi Hsg Socety Ltd Off Sayani Road Prabhadevi, Mumbai, Maharashtra, India – 400025
  • Industry
    Engineering, Marine & Naval Engineering
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Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Duke Offshore Ltd

The main business activity of Duke Offshore is transport and storage. In detail, this covers water transport.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
HTransport and storageH3Water transportLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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  • Historical classifications
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Financials of Duke Offshore Ltd FY 2025-26 filings available

Duke Offshore Ltd reported revenue of ₹- (down 100% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹0.00 Cr
-100.0% YoY
EBITDA
−₹1.67 Cr
+30.4% YoY
Profit After Tax
−₹0.65 Cr
+65.1% YoY
Net Worth
₹4.20 Cr
-13.2% YoY
Total Assets
₹4.44 Cr
-13.5% YoY
Total Debt
₹0.25 Cr
+56.3% 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
Revenue0.000.074.142.781.461.674.26
Revenue growth-100.0%-98.3%+48.9%+90.4%-12.6%-60.8%-
EBITDA(1.67)(2.40)1.20(0.41)(2.08)(1.08)(1.46)
EBITDA margin--3428.6%+29.0%-14.8%-142.5%-64.7%-34.3%
Profit before tax(0.65)(2.21)0.37(1.26)(3.90)(2.27)(3.98)
Net profit(0.65)(1.86)1.24(0.43)(4.10)(1.97)(0.74)
Net profit margin--2657.1%+30.0%-15.5%-280.8%-118.0%-17.4%
EPS (₹)(0.66)(2.22)1.25(0.45)(4.15)(1.99)(2.71)
Balance sheet
Total assets4.445.137.326.256.8311.0913.19
Net worth4.204.847.085.846.2910.3912.36
Total debt0.250.160.170.330.470.600.73
Cash & bank0.180.070.520.140.443.403.92
Net working capital(0.04)0.011.620.941.693.564.65
Cash flow
Cash from operations(0.16)(0.34)0.120.12(2.32)(0.39)0.94
Cash from investing0.50(0.10)(0.24)(0.24)(0.45)0.059.41
Cash from financing(0.23)(0.01)(0.18)(0.18)(0.19)(0.18)(8.53)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.000.000.000.000.000.000.000.00
Revenue growth (YoY)-----100.0%---
Other income0.060.011.450.030.07(0.01)(0.02)0.01
Total expenses0.290.560.500.310.360.780.440.52
EBITDA(0.29)(0.56)(0.50)(0.31)(0.36)(0.78)(0.44)(0.52)
Depreciation0.040.100.060.250.10(0.25)0.320.13
Interest0.000.020.000.000.000.000.000.01
Profit before tax(0.27)(0.67)0.89(0.53)(0.39)(0.54)(0.78)(0.65)
Tax0.000.000.000.000.000.000.000.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 09 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.000.000.000.000.000.000.000.00
Revenue growth (YoY)-----100.0%---
Other income0.060.011.450.030.07(0.01)(0.02)0.01
Total expenses0.290.560.500.310.360.780.440.52
EBITDA(0.29)(0.56)(0.50)(0.31)(0.36)(0.78)(0.44)(0.52)
Depreciation0.040.100.060.250.10(0.25)0.320.13
Interest0.000.020.000.000.000.000.000.01
Profit before tax(0.27)(0.67)0.89(0.53)(0.39)(0.54)(0.78)(0.65)
Tax0.000.000.000.000.000.000.000.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue0.000.074.142.781.461.674.26
Revenue growth-100.0%-98.3%+48.9%+90.4%-12.6%-60.8%-
Other income1.550.670.010.070.050.240.17
Total expenses1.672.472.943.193.542.755.72
Employee cost0.000.961.391.290.861.131.36
EBITDA(1.67)(2.40)1.20(0.41)(2.08)(1.08)(1.46)
EBITDA margin--3428.6%+29.0%-14.8%-142.5%-64.7%-34.3%
Depreciation0.510.470.820.891.821.371.76
Interest0.020.010.020.030.050.060.93
Profit before tax(0.65)(2.21)0.37(1.26)(3.90)(2.27)(3.98)
Tax0.000.00(0.87)(0.83)0.20(0.30)(1.29)
Net profit(0.65)(1.86)1.24(0.43)(4.10)(1.97)(0.74)
Net profit margin--2657.1%+30.0%-15.5%-280.8%-118.0%-17.4%
EPS (₹)(0.66)(2.22)1.25(0.45)(4.15)(1.99)(2.71)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital9.919.919.919.919.919.919.91
Reserves & surplus(5.71)(5.07)(2.83)(4.07)(3.62)0.482.45
Shareholders' funds (net worth)4.204.847.085.846.2910.3912.36
Secured loans0.000.000.000.170.310.470.73
Unsecured loans0.250.160.170.160.160.130.00
Total debt0.250.160.170.330.470.600.73
Total liabilities4.445.137.326.256.8311.0913.19
Assets
Gross block8.5413.5116.9816.6516.4115.9315.76
Net block2.663.133.954.445.096.437.63
Capital work in progress0.000.000.000.000.000.860.89
Investments0.000.150.000.000.000.000.00
Inventories0.000.000.000.000.000.000.00
Sundry debtors0.000.001.080.990.800.320.51
Cash & bank balances0.180.070.520.140.443.403.92
Loans & advances0.060.170.260.860.770.250.78
Total current assets0.240.241.861.992.013.975.21
Total current liabilities0.280.230.241.050.320.410.56
Net working capital(0.04)0.011.620.941.693.564.65
Total assets4.445.137.326.256.8311.0913.19
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.070.520.440.443.403.922.10
Net cash from operating activities(0.16)(0.34)0.120.12(2.32)(0.39)0.94
Net cash from investing activities0.50(0.10)(0.24)(0.24)(0.45)0.059.41
Net cash from financing activities(0.23)(0.01)(0.18)(0.18)(0.19)(0.18)(8.53)
Net change in cash0.12(0.46)(0.30)(0.30)(2.96)(0.52)1.82
Closing cash0.180.070.520.140.443.403.92
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-100.0%-98.3%+48.9%+90.4%-12.6%-60.8%-
EBITDA growth+30.4%-300.0%+392.7%+80.3%-92.6%+26.0%-
PBT growth+70.6%-+9998.0%+67.7%-71.8%+43.0%-
Net income growth+65.1%-250.0%+388.4%+89.5%-108.1%-166.2%-
Revenue CAGR (3Y)-100.0%-63.7%+35.3%-13.3%-46.0%-43.2%-14.3%
EBITDA CAGR (3Y)+59.7%+4.9%--34.5%---
Profitability & leverage
Net income margin--3157.1%+30.0%-15.5%-280.8%-118.0%-63.2%
Return on capital employed-0.0%+4.8%0.0%0.0%-18.2%-5.9%
Return on net worth-0.0%+15.8%0.0%0.0%-17.3%-5.4%
Debt / equity-0.030.040.070.060.060.33
Long-term debt / equity-0.010.010.040.050.050.25
Interest cover-0.92-0.355.26-2.31-1.28-2.45-28.88
Efficiency & per share
Fixed asset turnover-0.000.250.170.090.110.19
Inventory turnover-0.000.000.000.000.000.00
Debtors turnover-0.134.003.112.614.025.26
EPS (₹)(0.66)(2.22)1.25(0.45)(4.15)(1.99)(2.71)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.004.887.145.896.3410.4912.47
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Peer Comparison of Duke Offshore Ltd

Duke Offshore Ltd is compared with the companies closest to it by revenue in the Engineering industry (Marine Engineering, Shipping Services). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Pan India Shipping Private Limited₹74.45 Lakh (FY 2024)••••••••-19.0%••••Mumbai, Maharashtra, India
Shan Ship Management Private Limited₹74.25 Lakh (FY 2025)••••••••95.0%••••Thane, Maharashtra, India
Adi Shakti Marine Engineering Private Limited₹74.23 Lakh (FY 2025)••••••••-9.0%••••Kolkata, West Bengal, India
Asms Alamgir Ship Management & Engineering Services Private Limited₹74.18 Lakh (FY 2025)••••••••-85.0%••••Mumbai, Maharashtra, India
Bridgeview Ships and Ports Private Limited₹74.11 Lakh (FY 2025)••••••••28.0%••••Thane, Maharashtra, India
Sea Point Ship Management Private Limited₹73.42 Lakh (FY 2025)••••••••65.0%••••Thane, Maharashtra, India
Rahi Shipping (India) Private Limited₹73.07 Lakh (FY 2022)••••••••-56.0%••••Vasco Da Gama, Goa, India
Disha Shipping Agency Private Limited₹72.91 Lakh (FY 2025)••••••••139.0%••••Kalyan, Maharashtra, India
Bayhaar Shipping Private Limited₹72.61 Lakh (FY 2024)••••••••-64.0%••••Lucknow, Uttar Pradesh, India
H&R Offshore Private Limited₹72.51 Lakh (FY 2024)••••••••-77.0%••••Panvel, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Duke Offshore by revenue in the Engineering industry (Marine Engineering, Shipping Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Duke Offshore Ltd

Duke Offshore Ltd is audited by S C M K & Co LLP for the financial year 2023.

NameStatusAppointment DateCessation Date
S C M K & Co LLPLockedLockedLocked
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Board of Directors of Duke Offshore Ltd

Duke Offshore has 5 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Avik George DukeManaging Director27 Jul 200917 Years 2 MonthsCurrent
Pranay MehtaDirector18 Jan 20197 Years 8 MonthsCurrent
Vipul PatelDirector30 Mar 20215 Years 6 MonthsCurrent
Revati Ganesh PambalaDirector17 Dec 20214 Years 9 MonthsCurrent
Ameet Avinash KimbahuneDirector04 Sep 20242 Years 1 MonthsCurrent

Shareholding Pattern of Duke Offshore Ltd

Shareholding for the quarter ended Mar 2026: promoters hold 70.60%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 29.40%.

Promoters: 70.60%Retail & Others: 29.40%
Mar 2026
QUARTER
70.60% Promoters
29.40% Retail & Others
Promoter holding - history
Now 70.60% · Mar 2026High 70.60% · Jun 2025Low 70.60% · Jun 2025
69%69.8%70.5%71.3%72%Jun 2025Sep 2025Dec 2025Mar 2026Jun 2025: 70.60%Sep 2025: 70.60%Dec 2025: 70.60%Mar 2026: 70.60%70.60%70.60%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025
Promoters70.60%70.60%70.60%70.60%
Public29.40%29.40%29.40%29.40%

Charges & Borrowings of Duke Offshore Ltd

Open charges
None
Satisfied charges
₹26.16 Cr
Breakdown by lending institutions
Others₹9.77 Cr
Idbi Bank Limited₹9.55 Cr
Global Trust Bank Ltd₹5.25 Cr
The Industrial Credit and Investment Corproation of India₹0.50 Cr
The Maharashtra State Finacial Corporation Ltd₹0.50 Cr
Others₹0.59 Cr
Latest charge details
DateLenderAmountStatus
22 Sep 2017Others₹9.77 CrSatisfied
11 Nov 2016Idbi Bank Limited₹9.55 CrSatisfied
27 May 1997Global Trust Bank Ltd₹75 LakhSatisfied
27 Oct 1995Global Trust Bank Ltd₹3 CrSatisfied
17 Oct 1995Global Trust Bank Ltd₹1 CrSatisfied

Total charge records: 11 View all charges

Deals & Funding of Duke Offshore Ltd

Duke Offshore Ltd has 8 deals on record (8 market trades); the latest was in September 2026.

Total deals
8
Market trades
8

Deals on record (5 of 8)

WhenDealAmountParties
Sep 2026Market trade₹48.4 LakhBuyer: Neo Apex Share Broking Services LLP
Aug 2026Market trade₹27.2 LakhBuyer: an individual
Jul 2024Market trade₹14 LakhSeller: Multiplier Share and Stock Advisors Private Limited
Dec 2020Market trade₹10.6 LakhBuyer: an individual
Seller: an individual
Aug 2015Market trade₹26.7 LakhBuyer: an individual
Seller: Tradelink Exim (India) Private Limited
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Full deal history

All 8 deals with amounts, valuations, instruments and every party are in the company report.

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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Associated Brands with Duke Offshore Ltd

Duke Offshore operates one associated brand: DUKE OFFSHORE. Each brand links to its own profile.

BrandDescriptionWebsite
Provider of offshore marine services and engineering solutionsdukeoffshore.com

Employees and EPFO Compliance at Duke Offshore Ltd

Duke Offshore Ltd has a workforce of 14 employees as of Mar 31, 2024.

Employee count
14
Active EPFO establishments
1
Employee growth
-50%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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News related to Duke Offshore Ltd

Recent Activity on Duke Offshore Ltd

Duke Offshore Ltd has 21 board changes on record since 1985: 13 appointments and 8 cessations. The latest: Ameet Avinash Kimbahune was appointed as Director on 04 Sep 2024.

AGM
Duke Offshore Ltd last Annual general meeting of members was held on 13 Aug 2025 as per latest MCA records.
Filing
Duke Offshore Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Ameet Avinash Kimbahune was appointed as Director.
Ceased
Sujay Nitin Kantawala ceased to be Director.
Ceased
Harshika ceased to be Director.
Appointed
Revati Ganesh Pambala was appointed as Director.
Ceased
Shaival Suresh Trivedi ceased to be Director.
Appointed
Vipul Patel was appointed as Director.
Charges
A charge registered on 22 Sep 2017 via Charge ID 100141693 with Others was fully satisfied on 26 Nov 2019.
Ceased
Pramod Dhoduram Patekar ceased to be Director.
Appointed
Pranay Mehta was appointed as Director.
Charges
A charge with Others of Rs. 9.77 Cr registered on 22 Sep 2017 with Charge ID 100141693 was modified on 14 Aug 2018.

38 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Duke Offshore Ltd

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Credit ratings, litigation, and regulatory alerts

Credit ratings, court records and regulatory alerts are in the company report.

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MSME Payment Delays by Duke Offshore Ltd

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MSME payment history

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Duke Offshore Ltd

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Corporate group structure

Parent, subsidiary, associate and joint venture records with holdings are in the company report.

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GST Compliance of Duke Offshore Ltd

Duke Offshore has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AABCD3165B1Z4MaharashtraActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Duke Offshore Ltd

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

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Frequently Asked Questions about Duke Offshore Ltd

Duke Offshore is an active public limited company based in Mumbai, Maharashtra, India. The company works in marine and naval engineering, within the engineering industry. It was incorporated on 12 December 1985 (41+ years old) and is registered under CIN L45209MH1985PLC038300. Listed on BSE: 531471.

Duke Offshore has 5 current directors:

The GSTIN of Duke Offshore is 27AABCD3165B1Z4, registered in Maharashtra.

The CIN (Corporate Identification Number) of Duke Offshore is L45209MH1985PLC038300. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Duke Offshore is listed on BSE with code 531471.

Duke Offshore has 36 court cases on record: 7 filed by the company and 29 filed against it. 1 is pending. Most are in the high courts.

Duke Offshore was incorporated on 12 December 1985, making it 41+ years old. It is registered with the Registrar of Companies, Mumbai.

Duke Offshore has 8 deals on record (8 market trades); the latest was in September 2026.

The peers of Duke Offshore by revenue are Pan India Shipping Private Limited, Shan Ship Management Private Limited, Adi Shakti Marine Engineering Private Limited, Asms Alamgir Ship Management & Engineering Services Private Limited, Bridgeview Ships and Ports Private Limited and 5 more, all in the Engineering industry (Marine Engineering, Shipping Services).

Ameet Avinash Kimbahune was appointed as Director on 04 Sep 2024. Sujay Nitin Kantawala ceased to be Director on 04 Sep 2024. Harshika ceased to be Director on 17 Dec 2021. Duke Offshore has 21 board changes on record in total.

Duke Offshore can be reached through the website dukeoffshore.com. Its registered office is in Mumbai, Maharashtra, India.

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