Notes / Company

Garware Offshore Services Ltd.

GLOBOFFS BSE 501848 ISIN INE446C01013 Shipping

Fundamentals

Market cap: ₹172 cr
ROE: 2.72%
Debt / equity: 0.20
52-week range: 31.36 — 91.79

Research on Tijori Finance

Company snapshot

Garware Offshore Services Ltd.

Logistics

₹172 cr

Latest quarter · Mar 2026

Sales₹12 cr

Net profit−₹6 cr

Op. margin+21.9%

EPS−₹1.81

Strength & growth

Debt / equity0.20×

Current ratio1.97×

Sales CAGR−20.9%

EPS CAGR+19.4%

The timeline — 1 note on Garware Offshore Services Ltd.

June 2026

17 Jun 26 · 12:56 PM IST Lead

Lead · Micro cap

Garware Offshore lands ₹31 cr/yr charter for four years

The letter of award covers a vessel for four years plus a one-year extension, providing multi-year revenue visibility for the nano-cap company. Annual value is about 20% of market cap.

Verify on exchange BSE filings for GLOBOFFS NSE filings for GLOBOFFS Tijori Finance company page