Garware Offshore Services Ltd.
•₹ 8-3.09%
2021-03-12
PROS
- Operating margins have improved to 21.0% from 2.9%
- Company generates healthy free cash flow
- Company maintains a comfortable, low leverage position
CONS
- Company is loss-making at the operating / net level
- Operating cash flow has been negative in recent years
- Company has a low return on capital employed of -5.6%
- Interest coverage is weak at -2.9x - earnings barely cover interest
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.26x)
- Company's sales have been declining over the last five years
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | GESHIP | 1298.80 | 4.95 | 18542.60 | 2.70 | 1308.84 | 159.43 | 2005.36 | 66.91 | 18.37 | 66.71 |
| 2. | SCI | 291.10 | 8.38 | 13559.41 | 2.58 | 619.34 | 74.87 | 1846.56 | 40.31 | 10.05 | 45.35 |
| 3. | SHREEJISPG | 613.10 | 62.52 | 9988.52 | 0.00 | 44.29 | 19.03 | 208.85 | 29.57 | 33.77 | 29.54 |
| 4. | SEAMECLTD | 1699.45 | 16.82 | 4320.85 | 0.12 | 81.34 | 7.32 | 296.92 | 40.77 | 10.08 | 41.74 |
| 5. | DREDGECORP | 1120.90 | 83.59 | 3138.52 | 0.00 | 11.23 | 148.16 | 355.43 | 46.72 | 0.61 | 17.41 |
| 6. | SCILAL | 40.08 | 0.00 | 1866.92 | 1.37 | 14.02 | -2.23 | 7.86 | 37.65 | 1.31 | -13.74 |
| 7. | ESSARSHPNG | 15.82 | 3.60 | 327.44 | 0.00 | 230.41 | 742.14 | 0.04 | -97.63 | 0.00 | -7475.00 |
| 8. | GLOBOFFS | 50.25 | 0.00 | 154.62 | 0.00 | -2.87 | -51.27 | 11.79 | 177.29 | 4.19 | 35.10 |
| 9. | HRYNSHP | 100.10 | 14.96 | 61.73 | 0.00 | 4.42 | 546.41 | 0.00 | — | 3.20 | — |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7 | 8 | 8 | 8 | 8 | 7 | 8 | 9 | 4 | 7 | 12 | 12 | 12 | |
| 7 | 6 | 7 | 8 | 7 | 6 | 7 | 6 | 6 | 5 | 8 | 10 | 15 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0 | 0 | 0 | 8 | 0 | 0 | 0 | 0 | 1 | 3 | 1 | 0 | 0 |
| Interest | 1 | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 0 | 1 | 2 | 2 | 2 |
| Depreciation | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 7 | 6 |
| -7 | -1 | -3 | -108 | -2 | -2 | -3 | -1 | -5 | 0 | -2 | -5 | -3 | |
| Tax % | -0.29% | -1.45% | -0.38% | -1.78% | -1.04% | -0.93% | -1.06% | -2.04% | -2.15% | 19.57% | -6.18% | -11.50% | -1.78% |
| Net Profit | -7 | -1 | -3 | -110 | -2 | -2 | -3 | -1 | -5 | 0 | -2 | -5 | -3 |
| -3 | -1 | -1 | -44 | -1 | -1 | -1 | -0 | -2 | 0 | -1 | -2 | -0 | |
| Equity Capital | 25 | 25 | 25 | 25 | 25 | 26 | 26 | 31 | 31 | 31 | 31 | 31 | 31 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 25 | 25 | 25 | 25 | 25 | 26 | 26 | 31 | 31 | 31 | 31 | 31 | 31 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 7
- 7
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 1
- Depreciation
- 3
- -7
- Tax %
- -0.29%
- Net Profit
- -7
- -3
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 8
- 6
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 3
- -1
- Tax %
- -1.45%
- Net Profit
- -1
- -1
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 8
- 7
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 3
- -3
- Tax %
- -0.38%
- Net Profit
- -3
- -1
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 8
- 8
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 1
- Depreciation
- 3
- -108
- Tax %
- -1.78%
- Net Profit
- -110
- -44
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 8
- 7
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 3
- -2
- Tax %
- -1.04%
- Net Profit
- -2
- -1
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 7
- 6
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 3
- -2
- Tax %
- -0.93%
- Net Profit
- -2
- -1
- Equity Capital
- 26
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 26
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 8
- 7
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 3
- -3
- Tax %
- -1.06%
- Net Profit
- -3
- -1
- Equity Capital
- 26
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 26
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 9
- 6
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 1
- Depreciation
- 3
- -1
- Tax %
- -2.04%
- Net Profit
- -1
- -0
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 4
- 6
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 3
- -5
- Tax %
- -2.15%
- Net Profit
- -5
- -2
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 7
- 5
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 1
- Depreciation
- 4
- 0
- Tax %
- 19.57%
- Net Profit
- 0
- 0
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 12
- 8
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 2
- Depreciation
- 5
- -2
- Tax %
- -6.18%
- Net Profit
- -2
- -1
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 12
- 10
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 7
- -5
- Tax %
- -11.50%
- Net Profit
- -5
- -2
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 12
- 15
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 6
- -3
- Tax %
- -1.78%
- Net Profit
- -3
- -0
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 160 | 98 | 76 | 65 | 71 | 61 | 47 | 30 | 30 | 33 | 43 | |
| 89 | 66 | 64 | 50 | 48 | 46 | 46 | 46 | 28 | 26 | 37 | |
| Operating Profit | 71 | 33 | 14 | 15 | 23 | 16 | 1 | -17 | 10 | 7 | — |
| OPM % | 45 | 34 | 18 | 24 | 33 | 26 | 3 | -56 | 33 | 22 | — |
| Other Income | 0 | 1 | 2 | 1 | 1 | 0 | 0 | 0 | 8 | 0 | 4 |
| Interest | 19 | 20 | 21 | 27 | 25 | 18 | 19 | 3 | 2 | 2 | 5 |
| Depreciation | 22 | 23 | 24 | 23 | 24 | 26 | 28 | 24 | 12 | 14 | 21 |
| 30 | 5 | -152 | -72 | -67 | -17 | -62 | 173 | -119 | -8 | -9 | |
| Tax % | 1 | 5 | -0 | -0 | 3 | -3 | -0 | 1 | -2 | -1 | -9 |
| Net Profit | 30 | 4 | -152 | -72 | -65 | -17 | -62 | 172 | -121 | -8 | -10 |
| EPS | 0 | 0 | 0 | 0 | -26 | -7 | -25 | 70 | -49 | -3 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 12 | 2 | -61 | -29 | -26 | -7 | -25 | 70 | -49 | -3 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 12 | 2 | -61 | -29 | -26 | -7 | -25 | 70 | -49 | -3 | — |
Mar 2016
- 160
- 89
- Operating Profit
- 71
- OPM %
- 45
- Other Income
- 0
- Interest
- 19
- Depreciation
- 22
- 30
- Tax %
- 1
- Net Profit
- 30
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
Mar 2017
- 98
- 66
- Operating Profit
- 33
- OPM %
- 34
- Other Income
- 1
- Interest
- 20
- Depreciation
- 23
- 5
- Tax %
- 5
- Net Profit
- 4
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2018
- 76
- 64
- Operating Profit
- 14
- OPM %
- 18
- Other Income
- 2
- Interest
- 21
- Depreciation
- 24
- -152
- Tax %
- -0
- Net Profit
- -152
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -61
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -61
Mar 2019
- 65
- 50
- Operating Profit
- 15
- OPM %
- 24
- Other Income
- 1
- Interest
- 27
- Depreciation
- 23
- -72
- Tax %
- -0
- Net Profit
- -72
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -29
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -29
Mar 2020
- 71
- 48
- Operating Profit
- 23
- OPM %
- 33
- Other Income
- 1
- Interest
- 25
- Depreciation
- 24
- -67
- Tax %
- 3
- Net Profit
- -65
- EPS
- -26
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -26
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -26
Mar 2021
- 61
- 46
- Operating Profit
- 16
- OPM %
- 26
- Other Income
- 0
- Interest
- 18
- Depreciation
- 26
- -17
- Tax %
- -3
- Net Profit
- -17
- EPS
- -7
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -7
Mar 2022
- 47
- 46
- Operating Profit
- 1
- OPM %
- 3
- Other Income
- 0
- Interest
- 19
- Depreciation
- 28
- -62
- Tax %
- -0
- Net Profit
- -62
- EPS
- -25
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -25
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -25
Mar 2023
- 30
- 46
- Operating Profit
- -17
- OPM %
- -56
- Other Income
- 0
- Interest
- 3
- Depreciation
- 24
- 173
- Tax %
- 1
- Net Profit
- 172
- EPS
- 70
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 70
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 70
Mar 2024
- 30
- 28
- Operating Profit
- 10
- OPM %
- 33
- Other Income
- 8
- Interest
- 2
- Depreciation
- 12
- -119
- Tax %
- -2
- Net Profit
- -121
- EPS
- -49
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -49
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -49
Mar 2025
- 33
- 26
- Operating Profit
- 7
- OPM %
- 22
- Other Income
- 0
- Interest
- 2
- Depreciation
- 14
- -8
- Tax %
- -1
- Net Profit
- -8
- EPS
- -3
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -3
TTM
- 43
- 37
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 5
- Depreciation
- 21
- -9
- Tax %
- -9
- Net Profit
- -10
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- -10%
- 5 Years:
- -14%
- 3 Years:
- -12%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- -51%
- 3 Years:
- -34%
- 1 Year:
- 131%
RETURN ON EQUITY
- 10 Years:
- -16%
- 5 Years:
- -10%
- 3 Years:
- 15%
- Last Year:
- -7%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 31 |
| 386 | 390 | 238 | 167 | 102 | 85 | 23 | 195 | 74 | 108 | |
| 37 | 119 | 162 | 218 | 286 | 329 | 384 | 35 | 20 | 15 | |
| Trade Payables | 6 | 7 | 8 | 8 | 9 | 7 | 7 | 12 | 8 | 6 |
| 378 | 275 | 245 | 225 | 213 | 166 | 144 | 18 | 15 | 9 | |
| Total Liabilities | 832 | 816 | 679 | 642 | 636 | 611 | 583 | 285 | 141 | 169 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 545 | 519 | 492 | 463 | 451 | 453 | 429 | 129 | 120 | 116 | |
| 205 | 205 | 113 | 113 | 113 | 113 | 113 | 113 | 0 | 0 | |
| 32 | 42 | 42 | 40 | 38 | 17 | 14 | 11 | 10 | 9 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 5 | |
| Cash & Bank | 9 | 5 | 7 | 6 | 11 | 7 | 11 | 6 | 5 | 35 |
| 41 | 46 | 24 | 20 | 21 | 21 | 15 | 25 | 2 | 4 | |
| Total Assets | 832 | 816 | 679 | 642 | 636 | 611 | 583 | 285 | 141 | 169 |
| Total Debt | 401 | 376 | 370 | 389 | 417 | 397 | 408 | 39 | 21 | 15 |
| Net Working Capital | -24 | -51 | -134 | -214 | -309 | -390 | -472 | -32 | -20 | 23 |
| Contingent Liabilities | 18 | 14 | 20 | 13 | 11 | 416 | 2 | 2 | 2 | 3 |
| Book Value per Share | 166.13 | 167.75 | 106.43 | 77.42 | 51.26 | 44.30 | 19.25 | 88.79 | 39.88 | 45.27 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 401 | 376 | 370 | 389 | 417 | 397 | 408 | 39 | 21 | 15 |
| Net Working Capital | -24 | -51 | -134 | -214 | -309 | -390 | -472 | -32 | -20 | 23 |
| Contingent Liabilities | 18 | 14 | 20 | 13 | 11 | 416 | 2 | 2 | 2 | 3 |
| Book Value per Share | 166.13 | 167.75 | 106.43 | 77.42 | 51.26 | 44.30 | 19.25 | 88.79 | 39.88 | 45.27 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2016
- Equity Capital
- 25
- 386
- 37
- Trade Payables
- 6
- 378
- Total Liabilities
- 832
- 545
- 205
- 32
- 0
- Cash & Bank
- 9
- 41
- Total Assets
- 832
- Total Debt
- 401
- Net Working Capital
- -24
- Contingent Liabilities
- 18
- Book Value per Share
- 166.13
- Face Value
- 10.00
- Total Debt
- 401
- Net Working Capital
- -24
- Contingent Liabilities
- 18
- Book Value per Share
- 166.13
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 25
- 390
- 119
- Trade Payables
- 7
- 275
- Total Liabilities
- 816
- 519
- 205
- 42
- 0
- Cash & Bank
- 5
- 46
- Total Assets
- 816
- Total Debt
- 376
- Net Working Capital
- -51
- Contingent Liabilities
- 14
- Book Value per Share
- 167.75
- Face Value
- 10.00
- Total Debt
- 376
- Net Working Capital
- -51
- Contingent Liabilities
- 14
- Book Value per Share
- 167.75
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 25
- 238
- 162
- Trade Payables
- 8
- 245
- Total Liabilities
- 679
- 492
- 113
- 42
- 0
- Cash & Bank
- 7
- 24
- Total Assets
- 679
- Total Debt
- 370
- Net Working Capital
- -134
- Contingent Liabilities
- 20
- Book Value per Share
- 106.43
- Face Value
- 10.00
- Total Debt
- 370
- Net Working Capital
- -134
- Contingent Liabilities
- 20
- Book Value per Share
- 106.43
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 25
- 167
- 218
- Trade Payables
- 8
- 225
- Total Liabilities
- 642
- 463
- 113
- 40
- 0
- Cash & Bank
- 6
- 20
- Total Assets
- 642
- Total Debt
- 389
- Net Working Capital
- -214
- Contingent Liabilities
- 13
- Book Value per Share
- 77.42
- Face Value
- 10.00
- Total Debt
- 389
- Net Working Capital
- -214
- Contingent Liabilities
- 13
- Book Value per Share
- 77.42
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 25
- 102
- 286
- Trade Payables
- 9
- 213
- Total Liabilities
- 636
- 451
- 113
- 38
- 0
- Cash & Bank
- 11
- 21
- Total Assets
- 636
- Total Debt
- 417
- Net Working Capital
- -309
- Contingent Liabilities
- 11
- Book Value per Share
- 51.26
- Face Value
- 10.00
- Total Debt
- 417
- Net Working Capital
- -309
- Contingent Liabilities
- 11
- Book Value per Share
- 51.26
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 25
- 85
- 329
- Trade Payables
- 7
- 166
- Total Liabilities
- 611
- 453
- 113
- 17
- 0
- Cash & Bank
- 7
- 21
- Total Assets
- 611
- Total Debt
- 397
- Net Working Capital
- -390
- Contingent Liabilities
- 416
- Book Value per Share
- 44.30
- Face Value
- 10.00
- Total Debt
- 397
- Net Working Capital
- -390
- Contingent Liabilities
- 416
- Book Value per Share
- 44.30
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 25
- 23
- 384
- Trade Payables
- 7
- 144
- Total Liabilities
- 583
- 429
- 113
- 14
- 0
- Cash & Bank
- 11
- 15
- Total Assets
- 583
- Total Debt
- 408
- Net Working Capital
- -472
- Contingent Liabilities
- 2
- Book Value per Share
- 19.25
- Face Value
- 10.00
- Total Debt
- 408
- Net Working Capital
- -472
- Contingent Liabilities
- 2
- Book Value per Share
- 19.25
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 25
- 195
- 35
- Trade Payables
- 12
- 18
- Total Liabilities
- 285
- 129
- 113
- 11
- 0
- Cash & Bank
- 6
- 25
- Total Assets
- 285
- Total Debt
- 39
- Net Working Capital
- -32
- Contingent Liabilities
- 2
- Book Value per Share
- 88.79
- Face Value
- 10.00
- Total Debt
- 39
- Net Working Capital
- -32
- Contingent Liabilities
- 2
- Book Value per Share
- 88.79
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 25
- 74
- 20
- Trade Payables
- 8
- 15
- Total Liabilities
- 141
- 120
- 0
- 10
- 5
- Cash & Bank
- 5
- 2
- Total Assets
- 141
- Total Debt
- 21
- Net Working Capital
- -20
- Contingent Liabilities
- 2
- Book Value per Share
- 39.88
- Face Value
- 10.00
- Total Debt
- 21
- Net Working Capital
- -20
- Contingent Liabilities
- 2
- Book Value per Share
- 39.88
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 31
- 108
- 15
- Trade Payables
- 6
- 9
- Total Liabilities
- 169
- 116
- 0
- 9
- 5
- Cash & Bank
- 35
- 4
- Total Assets
- 169
- Total Debt
- 15
- Net Working Capital
- 23
- Contingent Liabilities
- 3
- Book Value per Share
- 45.27
- Face Value
- 10.00
- Total Debt
- 15
- Net Working Capital
- 23
- Contingent Liabilities
- 3
- Book Value per Share
- 45.27
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 66 | 48 | 7 | 12 | 25 | 11 | 11 | -1 | 13 | -0 | |
| Cash from Investing | -159 | -13 | -1 | -8 | -12 | -4 | -5 | 66 | 12 | -10 |
| Cash from Financing | 87 | -40 | -4 | -4 | -7 | -12 | -2 | -69 | -25 | 40 |
| -6 | -5 | 2 | -1 | 5 | -4 | 4 | -4 | -1 | 30 | |
| Free Cash Flow | -57 | 48 | 6 | 3 | 12 | -17 | 6 | -1 | 10 | -9 |
| OCF / Net Profit | 2.19 | 11.06 | -0.05 | -0.17 | -0.38 | -0.64 | -0.17 | -0.01 | -0.10 | 0.05 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 11 | 52 | 10 | 3 | 10 | -11 |
| OCF / Net Profit | 2.19 | 11.06 | -0.05 | -0.17 | -0.38 | -0.64 | -0.17 | -0.01 | -0.10 | 0.05 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 11 | 52 | 10 | 3 | 10 | -11 |
Mar 2016
- 66
- Cash from Investing
- -159
- Cash from Financing
- 87
- -6
- Free Cash Flow
- -57
- OCF / Net Profit
- 2.19
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.19
- Cumulative 5-Year FCF
- 0
Mar 2017
- 48
- Cash from Investing
- -13
- Cash from Financing
- -40
- -5
- Free Cash Flow
- 48
- OCF / Net Profit
- 11.06
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 11.06
- Cumulative 5-Year FCF
- 0
Mar 2018
- 7
- Cash from Investing
- -1
- Cash from Financing
- -4
- 2
- Free Cash Flow
- 6
- OCF / Net Profit
- -0.05
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.05
- Cumulative 5-Year FCF
- 0
Mar 2019
- 12
- Cash from Investing
- -8
- Cash from Financing
- -4
- -1
- Free Cash Flow
- 3
- OCF / Net Profit
- -0.17
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.17
- Cumulative 5-Year FCF
- 0
Mar 2020
- 25
- Cash from Investing
- -12
- Cash from Financing
- -7
- 5
- Free Cash Flow
- 12
- OCF / Net Profit
- -0.38
- Cumulative 5-Year FCF
- 11
- OCF / Net Profit
- -0.38
- Cumulative 5-Year FCF
- 11
Mar 2021
- 11
- Cash from Investing
- -4
- Cash from Financing
- -12
- -4
- Free Cash Flow
- -17
- OCF / Net Profit
- -0.64
- Cumulative 5-Year FCF
- 52
- OCF / Net Profit
- -0.64
- Cumulative 5-Year FCF
- 52
Mar 2022
- 11
- Cash from Investing
- -5
- Cash from Financing
- -2
- 4
- Free Cash Flow
- 6
- OCF / Net Profit
- -0.17
- Cumulative 5-Year FCF
- 10
- OCF / Net Profit
- -0.17
- Cumulative 5-Year FCF
- 10
Mar 2023
- -1
- Cash from Investing
- 66
- Cash from Financing
- -69
- -4
- Free Cash Flow
- -1
- OCF / Net Profit
- -0.01
- Cumulative 5-Year FCF
- 3
- OCF / Net Profit
- -0.01
- Cumulative 5-Year FCF
- 3
Mar 2024
- 13
- Cash from Investing
- 12
- Cash from Financing
- -25
- -1
- Free Cash Flow
- 10
- OCF / Net Profit
- -0.10
- Cumulative 5-Year FCF
- 10
- OCF / Net Profit
- -0.10
- Cumulative 5-Year FCF
- 10
Mar 2025
- -0
- Cash from Investing
- -10
- Cash from Financing
- 40
- 30
- Free Cash Flow
- -9
- OCF / Net Profit
- 0.05
- Cumulative 5-Year FCF
- -11
- OCF / Net Profit
- 0.05
- Cumulative 5-Year FCF
- -11
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 12.14 | 1.74 | -61.31 | -29.02 | -26.22 | -6.96 | -25.09 | 69.55 | -48.91 | -2.60 |
| Book Value (₹) | 166.13 | 167.75 | 106.43 | 77.42 | 51.26 | 44.30 | 19.25 | 88.79 | 39.88 | 45.27 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 21.19 | 10.88 | -51.73 | -19.55 | -16.38 | 3.72 | -13.67 | 79.31 | -43.95 | 1.81 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 44.69% | 34.01% | 18.34% | 23.51% | 33.11% | 26.13% | 2.87% | -55.96% | 7.55% | 21.04% |
| Net Margin % | 18.78% | 4.38% | -198.80% | -110.71% | -91.57% | -28.14% | -131.04% | 580.88% | -403.73% | -24.31% |
| ROE % | 7.60% | 1.04% | -44.72% | -31.57% | -40.74% | -14.58% | -78.96% | 128.75% | -76.02% | -6.71% |
| ROCE % | 6.58% | 3.07% | -18.29% | -7.36% | -7.49% | 0.27% | -8.95% | 49.41% | -61.77% | -4.29% |
| 3.90% | 0.52% | -20.28% | -10.87% | -10.15% | -2.76% | -10.39% | 39.65% | -56.76% | -5.13% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 61 | 92 | 85 | 68 | 62 | 86 | 92 | 75 | 50 | 55 |
| Inventory Days | 72 | 136 | 201 | 231 | 202 | 164 | 120 | 157 | 126 | 101 |
| Payable Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 133 | 229 | 286 | 299 | 264 | 250 | 212 | 232 | 176 | 156 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.98x | 0.91x | 1.41x | 2.03x | 3.29x | 3.62x | 8.58x | 0.18x | 0.21x | 0.11x |
| Interest Coverage (x) | 2.61x | 1.23x | -6.08x | -1.65x | -1.71x | 0.08x | -2.30x | 54.60x | -56.40x | -2.93x |
| 0.77x | 0.64x | 0.35x | 0.24x | 0.19x | 0.10x | 0.08x | 0.47x | 0.51x | 1.81x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 77.71% | -38.36% | -22.57% | -15.01% | 9.23% | -13.55% | -22.64% | -37.47% | 1.18% | 9.32% |
| Operating Profit Growth % | 57.44% | -53.10% | -58.24% | 8.94% | 53.81% | -31.76% | -91.51% | -1320.61% | 160.04% | -26.09% |
| Net Profit Growth % | 45.13% | -85.63% | -3615.64% | 52.67% | 9.66% | 73.43% | -260.24% | 377.21% | -170.32% | 93.42% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -170.32% | 94.69% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.09x | 2.08x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 12.41x | 36.54x |
Mar 2016
- EPS (₹)
- 12.14
- Book Value (₹)
- 166.13
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 21.19
- Operating Margin %
- 44.69%
- Net Margin %
- 18.78%
- ROE %
- 7.60%
- ROCE %
- 6.58%
- 3.90%
- Debtor Days
- 61
- Inventory Days
- 72
- Payable Days
- 0
- 133
- Debt to Equity (x)
- 0.98x
- Interest Coverage (x)
- 2.61x
- 0.77x
- Revenue Growth %
- 77.71%
- Operating Profit Growth %
- 57.44%
- Net Profit Growth %
- 45.13%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 1.74
- Book Value (₹)
- 167.75
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 10.88
- Operating Margin %
- 34.01%
- Net Margin %
- 4.38%
- ROE %
- 1.04%
- ROCE %
- 3.07%
- 0.52%
- Debtor Days
- 92
- Inventory Days
- 136
- Payable Days
- 0
- 229
- Debt to Equity (x)
- 0.91x
- Interest Coverage (x)
- 1.23x
- 0.64x
- Revenue Growth %
- -38.36%
- Operating Profit Growth %
- -53.10%
- Net Profit Growth %
- -85.63%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- -61.31
- Book Value (₹)
- 106.43
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -51.73
- Operating Margin %
- 18.34%
- Net Margin %
- -198.80%
- ROE %
- -44.72%
- ROCE %
- -18.29%
- -20.28%
- Debtor Days
- 85
- Inventory Days
- 201
- Payable Days
- 0
- 286
- Debt to Equity (x)
- 1.41x
- Interest Coverage (x)
- -6.08x
- 0.35x
- Revenue Growth %
- -22.57%
- Operating Profit Growth %
- -58.24%
- Net Profit Growth %
- -3615.64%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- -29.02
- Book Value (₹)
- 77.42
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -19.55
- Operating Margin %
- 23.51%
- Net Margin %
- -110.71%
- ROE %
- -31.57%
- ROCE %
- -7.36%
- -10.87%
- Debtor Days
- 68
- Inventory Days
- 231
- Payable Days
- 0
- 299
- Debt to Equity (x)
- 2.03x
- Interest Coverage (x)
- -1.65x
- 0.24x
- Revenue Growth %
- -15.01%
- Operating Profit Growth %
- 8.94%
- Net Profit Growth %
- 52.67%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- -26.22
- Book Value (₹)
- 51.26
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -16.38
- Operating Margin %
- 33.11%
- Net Margin %
- -91.57%
- ROE %
- -40.74%
- ROCE %
- -7.49%
- -10.15%
- Debtor Days
- 62
- Inventory Days
- 202
- Payable Days
- 0
- 264
- Debt to Equity (x)
- 3.29x
- Interest Coverage (x)
- -1.71x
- 0.19x
- Revenue Growth %
- 9.23%
- Operating Profit Growth %
- 53.81%
- Net Profit Growth %
- 9.66%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- -6.96
- Book Value (₹)
- 44.30
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.72
- Operating Margin %
- 26.13%
- Net Margin %
- -28.14%
- ROE %
- -14.58%
- ROCE %
- 0.27%
- -2.76%
- Debtor Days
- 86
- Inventory Days
- 164
- Payable Days
- 0
- 250
- Debt to Equity (x)
- 3.62x
- Interest Coverage (x)
- 0.08x
- 0.10x
- Revenue Growth %
- -13.55%
- Operating Profit Growth %
- -31.76%
- Net Profit Growth %
- 73.43%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- -25.09
- Book Value (₹)
- 19.25
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -13.67
- Operating Margin %
- 2.87%
- Net Margin %
- -131.04%
- ROE %
- -78.96%
- ROCE %
- -8.95%
- -10.39%
- Debtor Days
- 92
- Inventory Days
- 120
- Payable Days
- 0
- 212
- Debt to Equity (x)
- 8.58x
- Interest Coverage (x)
- -2.30x
- 0.08x
- Revenue Growth %
- -22.64%
- Operating Profit Growth %
- -91.51%
- Net Profit Growth %
- -260.24%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 69.55
- Book Value (₹)
- 88.79
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 79.31
- Operating Margin %
- -55.96%
- Net Margin %
- 580.88%
- ROE %
- 128.75%
- ROCE %
- 49.41%
- 39.65%
- Debtor Days
- 75
- Inventory Days
- 157
- Payable Days
- 0
- 232
- Debt to Equity (x)
- 0.18x
- Interest Coverage (x)
- 54.60x
- 0.47x
- Revenue Growth %
- -37.47%
- Operating Profit Growth %
- -1320.61%
- Net Profit Growth %
- 377.21%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- -48.91
- Book Value (₹)
- 39.88
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -43.95
- Operating Margin %
- 7.55%
- Net Margin %
- -403.73%
- ROE %
- -76.02%
- ROCE %
- -61.77%
- -56.76%
- Debtor Days
- 50
- Inventory Days
- 126
- Payable Days
- 0
- 176
- Debt to Equity (x)
- 0.21x
- Interest Coverage (x)
- -56.40x
- 0.51x
- Revenue Growth %
- 1.18%
- Operating Profit Growth %
- 160.04%
- Net Profit Growth %
- -170.32%
- -170.32%
- P/E (x)
- 0.00x
- P/B (x)
- 1.09x
- Dividend Yield %
- 0.00%
- 12.41x
Mar 2025
- EPS (₹)
- -2.60
- Book Value (₹)
- 45.27
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.81
- Operating Margin %
- 21.04%
- Net Margin %
- -24.31%
- ROE %
- -6.71%
- ROCE %
- -4.29%
- -5.13%
- Debtor Days
- 55
- Inventory Days
- 101
- Payable Days
- 0
- 156
- Debt to Equity (x)
- 0.11x
- Interest Coverage (x)
- -2.93x
- 1.81x
- Revenue Growth %
- 9.32%
- Operating Profit Growth %
- -26.09%
- Net Profit Growth %
- 93.42%
- 94.69%
- P/E (x)
- 0.00x
- P/B (x)
- 2.08x
- Dividend Yield %
- 0.00%
- 36.54x
Documents
Announcements
Nothing filed yet.
Annual Reports
Nothing filed yet.
Credit Ratings
Nothing filed yet.
Concalls
Nothing filed yet.