GOL Offshore
GOL Offshore
EnergyTapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
1- Company has reduced debt.
Weaknesses
6- Stock is trading at 3.53 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 1.80% over past five years.
- Company has a low return on equity of -2.82% over last 3 years.
- Contingent liabilities of Rs.878 Cr.
- Company's cost of borrowing seems high
Growth Rate
Quarterly Results
| Particulars | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 227 | 258 | 229 | 250 | 278 | 301 | 357 | 232 | 184 | 151 | 130 | 61 | 73 |
| Expenses | 116 | 174 | 122 | 156 | 205 | 226 | 298 | 208 | 137 | 142 | 161 | 98 | 133 |
| Operating Profit | 111 | 84 | 106 | 94 | 73 | 75 | 59 | 24 | 46 | 9 | -31 | -37 | -60 |
| OPM % | 49% | 33% | 47% | 38% | 26% | 25% | 17% | 10% | 25% | 6% | -24% | -61% | -83% |
| Other Income | 15 | 13 | 11 | 10 | 9 | 11 | 26 | 35 | 49 | -721 | 26 | -143 | 35 |
| Interest | 55 | 50 | 65 | 57 | 59 | 60 | 53 | 52 | 60 | 52 | 50 | 31 | 38 |
| Depreciation | 46 | 44 | 45 | 44 | 39 | 36 | 36 | 37 | 34 | 30 | 30 | 30 | 28 |
| PBT | 26 | 3 | 8 | 2 | -17 | -10 | -4 | -30 | 2 | -794 | -84 | -240 | -92 |
| Tax % | 5% | -315% | 54% | 230% | -1% | -131% | -22% | -5% | -103% | -1% | -2% | 0% | -2% |
| Net Profit | 24 | 13 | 4 | -3 | -17 | 3 | -3 | -29 | 4 | -790 | -83 | -239 | -90 |
| EPS in Rs | 6.57 | 3.48 | 0.95 | -0.73 | -4.45 | 0.8 | -0.78 | -7.67 | 1.06 | -212 | -22.26 | -30.36 | -11.39 |
Profit & Loss
| Particulars | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 347 | 537 | 676 | 895 | 1,007 | 846 | 800 | 843 | 951 | 1,048 | 924 | 415 |
| Expenses | 194 | 276 | 384 | 528 | 580 | 551 | 497 | 653 | 634 | 718 | 737 | 534 |
| Operating Profit | 153 | 261 | 292 | 367 | 427 | 295 | 304 | 191 | 316 | 330 | 188 | -119 |
| OPM % | 44% | 49% | 43% | 41% | 42% | 35% | 38% | 23% | 33% | 32% | 20% | -29% |
| Other Income | 3 | 7 | 92 | 58 | 6 | 129 | 161 | 311 | 240 | 60 | -665 | -803 |
| Interest | 16 | 36 | 66 | 89 | 109 | 131 | 177 | 215 | 217 | 241 | 230 | 171 |
| Depreciation | 42 | 70 | 99 | 100 | 132 | 183 | 172 | 179 | 182 | 165 | 137 | 119 |
| PBT | 97 | 163 | 220 | 236 | 192 | 109 | 116 | 107 | 157 | -16 | -844 | -1,211 |
| Tax % | 6% | 13% | 8% | 11% | 9% | 7% | 36% | 44% | 23% | -22% | -1% | — |
| Net Profit | 92 | 141 | 203 | 211 | 175 | 102 | 74 | 61 | 122 | -13 | -836 | -1,202 |
| EPS in Rs | — | 37.1 | 53.31 | 56.84 | 46.9 | 27.32 | 19.97 | 16.29 | 32.68 | -3.43 | -224 | -276 |
| Div. Payout % | 0% | 22% | 30% | 4% | 5% | 9% | 13% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Particulars | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.05 | 38 | 38 | 37 | 37 | 37 | 37 | 37 | 37 | 37 | 37 |
| Reserves | 478 | 585 | 700 | 655 | 992 | 1,100 | 906 | 947 | 978 | 1,100 | 346 |
| Borrowings | 373 | 747 | 1,080 | 1,943 | 2,315 | 2,902 | 2,867 | 2,402 | 2,311 | 2,008 | 1,897 |
| Other Liabilities | 143 | 146 | 235 | 258 | 216 | 437 | 473 | 1,295 | 1,438 | 909 | 841 |
| Total Liabilities | 994 | 1,515 | 2,053 | 2,894 | 3,561 | 4,476 | 4,283 | 4,681 | 4,764 | 4,054 | 3,122 |
| Fixed Assets | 597 | 967 | 999 | 1,376 | 1,783 | 1,764 | 1,392 | 1,247 | 1,053 | 938 | 804 |
| CWIP | 183 | 322 | 391 | 818 | 1,163 | 1,219 | 1,474 | 1,103 | 1,170 | 942 | 893 |
| Investments | 1 | 1 | 13 | 146 | 146 | 147 | 197 | 197 | 197 | 262 | 259 |
| Other Assets | 212 | 225 | 650 | 554 | 468 | 1,347 | 1,220 | 2,135 | 2,345 | 1,912 | 1,165 |
| Total Assets | 994 | 1,515 | 2,053 | 2,894 | 3,561 | 4,476 | 4,283 | 4,681 | 4,764 | 4,054 | 3,122 |
Cash Flow
| Particulars | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 160 | 226 | 285 | 332 | 409 | 299 | 438 | 351 | 609 | 209 | 310 |
| Investing | -217 | -594 | -276 | -942 | -884 | 83 | -179 | 1,007 | -33 | 451 | 8 |
| Financing | 103 | 315 | 263 | 480 | 343 | -286 | -401 | -1,362 | -465 | -675 | -331 |
| Net Cash Flow | 46 | -52 | 272 | -130 | -132 | 97 | -142 | -4 | 111 | -15 | -12 |
| Free Cash Flow | -59 | -370 | 13 | -482 | -476 | 79 | 189 | 1,321 | 578 | 169 | 300 |
| CFO/OP | 106 | 97 | 106 | 98 | 102 | 105 | 153 | 191 | 197 | 70 | 174 |
Ratios
| Particulars | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 88 | 93 | 96 | 101 | 91 | 92 | 64 | 71 | 71 | 74 | 58 |
| Cash Conversion Cycle | 88 | 93 | 96 | 101 | 91 | 92 | 64 | 71 | 71 | 74 | 58 |
| Working Capital Days | 11 | 21 | 51 | 28 | 75 | -29 | -65 | -201 | 32 | -12 | -82 |
| ROCE % | — | 18% | 17% | 15% | 10% | 5% | 6% | 5% | 8% | 7% | 4% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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58 extracted metrics + investor summaries across FY06–FY16.
Documents
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Company Information
GOL Offshore Ltd is an integrated offshore oilfield services provider offering services to upstream oil and gas producers to carry out offshore exploration and production activities.
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