Announced Tue, 1 Sept, 2026 · 14:33 IST
Annual Report FY26: Revenue up 9 percent, Net Loss widens to Rs 11.7 Cr
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-7.2%1-day move
₹49.00
prior close
₹46.22
base price
In-mkt
timing
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AI summary
Garware Offshore Services filed FY26 Annual Report. Revenue rose 9 percent to Rs 35.72 Cr from Rs 32.75 Cr. EBITDA grew 62 percent to Rs 11.67 Cr. However, net loss widened to Rs 11.70 Cr versus Rs 7.97 Cr loss previously, due to higher depreciation and finance costs from new vessel M.V. Mahanadi. Debt-equity ratio jumped 318 percent to 0.39. No dividend declared. Company renamed from Global Offshore Services Limited effective Feb 2026.
Likely market impact
EBITDA improvement is positive but widening losses, higher debt from new vessel, and accumulated deficit of Rs 192.95 Cr remain key concerns for shareholders.