GOL Offshore (Delisted) share price

BSE: 532786

GREAT OFFSHORE LIMITED · Formerly Great Offshore · Face value ₹10 · Listed Dec 2006

Last traded ₹10.05 on 18 Jul 2017

Delisted on 14 Feb 2020.

Last announcements

The company's own last announcements before its shares stopped trading, routine notices left out.

  1. Jun 2018

  2. Apr 2018

  3. Feb 2018

  4. Jul 2017

    • 21 Jul · Shareholding for the Period Ended June 30, 2017

      Shareholding Pattern for the Period Ended June 30, 2017. For more details, kindly Click ....
    • 21 Jul · Revised Statement Of Investor Complaints For The Quarter Ended June 30, 2017

Share price history

Daily closes since Jan 2007, BSE closes Jan 2007 to Jul 2007, Jul 2007 to Feb 2008, Feb 2008 to May 2008 and May 2008 to Jul 2010, adjusted for splits and bonuses

Daily close, ₹ per share

Results for the quarter to Dec 2016

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

Revenue
₹73 Cr−60.4% on a year ago · +20.1% on the quarter before
Operating profit
−₹60 Cr
Net profit
−₹90 Cr
Operating margin
−83.1%
Net margin
−123.7%

From revenue to net profit, ₹ crore

  1. Revenue73
  2. Operating expenses−133
  3. Operating profit−60
  4. Depreciation−28
  5. Other income+35
  6. Finance costs−38
  7. Profit before tax−92
  8. Tax+2.2
  9. Net profit−90

GOL Offshore results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Dec 2016. Results for the quarter to Mar 2017 were due by 30 May 2017, 60 days after it ends. Every company's dates are on the results calendar.

Revenue and net profit by quarter, ₹ crore

  • Revenue
  • Net profit
  • Loss
25813Mar 142293.5Jun 14250−2.7Sep 14278−17Dec 143013.0Mar 15Jun 15232−21Sep 15184−20Dec 15151−790Mar 16130−83Jun 1661−239Sep 1673−90Dec 16
Peak revenue ₹301 Cr, quarter to Mar 2015; lowest ₹61 Cr, quarter to Sep 2016A loss in 8 of the 11 quarters with results on record

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
46.5%−521.6%46.5%37.7%26.2%25.2%6.1%−23.7%−61.4%−83.1%5.0%1.5%−1.1%−6.0%1.0%−8.9%−10.7%−521.6%−63.7%−395.8%−123.7%Mar 14Sep 14Mar 15Sep 15Mar 16Sep 16Dec 16
₹ croreMar 2012Jun 2012Sep 2012Dec 2012Mar 2013Jun 2013Sep 2013Dec 2013Mar 2014Jun 2014Sep 2014Dec 2014Mar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016
Revenue from operations171270191220227235306227258229250278301–2321841511306173
Operating expenses82121107109172––116–122156205226–––14216198133
Operating profit before depreciation891488411154––111–106947376–––9−31−37−60
Operating margin52.0%55.0%43.9%50.5%24.0%––48.9%–46.5%37.7%26.2%25.2%–––6.1%−23.7%−61.4%−83.1%
Depreciation and amortisation4344454645––46–45443936–––30303028
Other income10122659242015131110911–1999264335
Finance costs50504549655060555065575960–576052503138
Profit before one-off items and tax−4556433488026382−17−10–−22−30−64−84−54−92
One-off items–––––––––––––––8−731–−186–
Profit before tax−4556433488026382−17−10–−22−22−794−84−240−92
−872241315301−10450−13–−1−2−4−2−1−2
Current tax––2111817284−4771−10–10−6000
Deferred tax––113−4−21−2−6−2−2−1−2–−2−22−1−1−2
Tax rate–13.2%39.6%55.2%406.3%30.5%36.8%4.9%−315.4%54.4%230.4%–––––––––
Net profit448419−10335124134−3−173–−21−20−790−83−239−90
Net margin2.1%17.8%2.0%8.7%−4.5%14.2%16.6%10.8%5.0%1.5%−1.1%−6.0%1.0%–−8.9%−10.7%−521.6%−63.7%−395.8%−123.7%
Earnings per share₹0.98₹12.89₹1.02₹5.12−₹2.73–₹13.63₹6.57₹3.48₹0.95––––––––––
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarter to Jun 2015.

The quarters either side of a change of basis do not compare. From the quarter to Mar 2013, the company's revenue for the year to Mar 2013, ₹929 Cr, differs from its quarters added, ₹907 Cr.

9 years at a glance

Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.

Revenue, net profit and borrowings, ₹ crore

  • Revenue
  • Net profit
  • Borrowings
  • Loss
694203Mar 08951211Mar 091,012175Mar 10851102Mar 1188474Mar 1292961Mar 131,027122Mar 141,058−13Mar 15926−836Mar 16
A loss in 2 of the 9 years shown

Operating and net margin, per cent

  • Operating margin
  • Net margin
51.2%−90.2%47.3%44.4%42.6%41.9%51.2%42.6%33.0%21.4%29.3%22.2%17.2%11.9%8.4%6.5%11.8%−1.2%−90.2%Mar 08Mar 10Mar 12Mar 14Mar 16

The years either side of a change of basis do not compare. From the year to Mar 2009, the company's revenue for that year, ₹951 Cr, differs from its quarters added, ₹908 Cr. From the year to Mar 2010, the company's revenue for that year, ₹1,012 Cr, differs from its quarters added, ₹978 Cr. From the year to Mar 2013, the company's revenue for that year, ₹929 Cr, differs from its quarters added, ₹907 Cr.

Results for the year to Mar 2016

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

From revenue to net profit

  1. Revenue926
  2. Operating expenses−727
  3. Operating profit199
  4. Depreciation−137
  5. Other income+47
  6. One-off items−723
  7. Finance costs−230
  8. Profit before tax−844
  9. Tax+8.5
  10. Net profit−836

Profit and loss

Standalone, ₹ crore, years to March. The last column is the twelve months to Dec 2016, the latest four quarters added.

₹ croreMar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Dec 2016Twelve months
Revenue from operations6949511,0128518849291,0271,058926415
Operating expenses366528581495431533–709727534
Operating profit before depreciation328423432356452396–349199−119
Operating margin47.3%44.4%42.6%41.9%51.2%42.6%–33.0%21.4%−28.7%
Depreciation and amortisation99100132183172179–165137119
Operating profit after depreciation230322299173280216–18462−238
Other income56211111100724147114
Finance costs6689108131177209217241230171
Profit before one-off items and tax–23619253114107157−16−121−295
One-off items–––56––––−723–
Profit before tax220236192109114107157−16−844−1,211
1725188404736−4−8−9
Current tax––––––454−4−6
Deferred tax––––––−9−8−5−3
Net profit2032111751027461122−13−836−1,202
Net margin29.3%22.2%17.2%11.9%8.4%6.5%11.8%−1.2%−90.2%−289.9%
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2014: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016
Earnings per share₹53.31₹52.20₹46.97₹27.32₹19.97₹16.30₹32.68––
Diluted earnings per share₹52.17––––––––
Market cap at the year end (₹ crore)2,4319311,523959359240266––

Ratios

Standalone, years to March.

RatioMar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016
Revenue growth–––−15.9%3.8%–10.6%3.0%−12.5%
Operating profit growth–––−17.4%26.9%–––−43.1%
Net profit growth––−17.3%−41.8%−26.9%−18.4%100.6%––
Earnings per share growth––−10.0%−41.8%−26.9%−18.4%100.5%––
Interest cover3.53.62.81.31.61.0–0.80.3
Revenue growth, operating profit growth, net profit growth and earnings per share growth are left blank for the year to Mar 2009: between the two periods the company restated its earlier figures, so the two are on different bases and the change is not worked out. Revenue growth and operating profit growth are left blank for the years to Mar 2010 and Mar 2013: between the two periods the company restated its earlier figures, so the two are on different bases and the change is not worked out.

Growth and returns over 3, 5 and 10 years

Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Mar 2016.

Measure10 years5 years3 years
Revenue growth, yearly rate––−0.1%
Operating margin, average–37.1%27.2%
Net margin, average1.8%−12.9%−26.5%
Interest cover, average–0.90.5

Accounting checks

Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.

CheckMar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016
Effective tax ratePublished threshold 17.16 per cent10.519.166.8834.9443.5422.69––
A threshold marked as ours has no published figure; it is the line we read the check against.

Where the return came from

Yearly rates to Mar 2016, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−27.0%––0.0%
3 years−13.4%––0.0%
5 years−30.5%––0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record.

GOL Offshore share price by year

Each calendar year to 2017.

YearClose at year endChangeHighest closeLowest close
201710.05−56.8%25.5510.05
201623.25−53.9%53.2518.65
201550.40−32.2%75.8044.80
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. The 2017 close is its last trade, on 18 Jul 2017.

Recent sessions

The 10 trading days to 18 Jul 2017, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
18 Jul 201710.0510.0510.0510.0510.051,53,960
17 Jul 201710.5510.5510.5510.5510.551,72,111
14 Jul 201711.1011.1011.1011.1011.1062,286
13 Jul 201711.6511.6511.6511.6511.6556,133
12 Jul 201712.5012.5012.2512.2512.2547,863
11 Jul 201712.6513.4512.6512.8513.0434,503
10 Jul 201713.1013.7512.8512.9513.0214,885
7 Jul 201713.2013.6012.9513.4513.3425,189
6 Jul 201713.0013.5012.8013.0513.1233,610
5 Jul 201713.2513.8013.0513.2013.3725,272
Prices in ₹ per share as traded, not adjusted.

Company details

BSE code
532786
ISIN
INE892H01017
Former symbols
GTOFFSHORE
CIN
L11200MH2005PLC154793
Corporate identity number, the registrar of companies' code for it
Incorporated
2005
Registered office
Energy House, 81, Dr. D.N. Road, Mumbai 400001, Maharashtra
Share registrar
TSR Consultants Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments