Duke Offshore Ltd
Incorporated in 1985, Duke Offshore Ltd provides vessels for crew transfer and marine survey[1]
- Market Cap ₹ 20.2 Cr.
- Current Price ₹ 20.5
- High / Low ₹ 20.5 / 6.11
- Stock P/E 16.3
- Book Value ₹ 7.18
- Dividend Yield 0.00 %
- ROCE 5.81 %
- ROE 19.2 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Debtor days have improved from 142 to 95.2 days.
- Company's working capital requirements have reduced from 170 days to 97.0 days
Cons
- Stock is trading at 2.85 times its book value
- Company has a low return on equity of -15.9% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Oil Drill/Allied Industry: Oil Drilling / Allied Services
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
5.66 | 6.50 | 9.28 | 9.79 | 6.77 | 9.11 | 9.25 | 4.26 | 1.67 | 1.46 | 2.78 | 4.14 | |
2.54 | 2.89 | 4.96 | 5.49 | 3.79 | 5.66 | 5.51 | 3.74 | 2.75 | 3.55 | 3.21 | 2.94 | |
Operating Profit | 3.12 | 3.61 | 4.32 | 4.30 | 2.98 | 3.45 | 3.74 | 0.52 | -1.08 | -2.09 | -0.43 | 1.20 |
OPM % | 55.12% | 55.54% | 46.55% | 43.92% | 44.02% | 37.87% | 40.43% | 12.21% | -64.67% | -143.15% | -15.47% | 28.99% |
0.12 | 0.38 | 0.54 | 0.16 | 0.13 | 0.05 | 0.07 | -1.81 | 0.24 | 0.05 | 0.07 | 0.01 | |
Interest | 0.09 | 0.03 | 0.15 | 0.00 | 0.33 | 0.98 | 1.10 | 0.93 | 0.06 | 0.05 | 0.03 | 0.02 |
Depreciation | 1.20 | 1.08 | 0.74 | 0.77 | 1.15 | 1.81 | 2.01 | 1.76 | 1.37 | 1.82 | 0.89 | 0.82 |
Profit before tax | 1.95 | 2.88 | 3.97 | 3.69 | 1.63 | 0.71 | 0.70 | -3.98 | -2.27 | -3.91 | -1.28 | 0.37 |
Tax % | 32.31% | 33.68% | 36.78% | 33.88% | 30.67% | 129.58% | 20.00% | 32.41% | 13.22% | -5.12% | 64.84% | -235.14% |
1.31 | 1.90 | 2.51 | 2.44 | 1.13 | -0.21 | 0.57 | -2.69 | -1.97 | -4.11 | -0.45 | 1.24 | |
EPS in Rs | 1.32 | 1.92 | 2.54 | 2.46 | 1.14 | -0.21 | 0.58 | -2.73 | -2.00 | -4.17 | -0.46 | 1.26 |
Dividend Payout % | 9.50% | 0.00% | 9.92% | 6.12% | 44.07% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -4% |
5 Years: | -15% |
3 Years: | 35% |
TTM: | 49% |
Compounded Profit Growth | |
---|---|
10 Years: | -4% |
5 Years: | 18% |
3 Years: | 38% |
TTM: | 376% |
Stock Price CAGR | |
---|---|
10 Years: | 6% |
5 Years: | 2% |
3 Years: | 14% |
1 Year: | 200% |
Return on Equity | |
---|---|
10 Years: | 0% |
5 Years: | -13% |
3 Years: | -16% |
Last Year: | 19% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 4.98 | 4.98 | 4.98 | 4.98 | 4.98 | 4.98 | 9.91 | 9.91 | 9.91 | 9.91 | 9.91 | 9.91 |
Reserves | 2.16 | 4.06 | 6.31 | 8.60 | 10.31 | 9.50 | 5.14 | 2.45 | 0.48 | -3.62 | -4.07 | -2.83 |
0.36 | 0.83 | 0.00 | 0.00 | 9.55 | 10.18 | 8.34 | 0.73 | 0.60 | 0.47 | 0.33 | 0.17 | |
0.83 | 0.80 | 2.06 | 3.42 | 2.76 | 3.96 | 2.69 | 1.14 | 0.70 | 0.39 | 1.13 | 0.32 | |
Total Liabilities | 8.33 | 10.67 | 13.35 | 17.00 | 27.60 | 28.62 | 26.08 | 14.23 | 11.69 | 7.15 | 7.30 | 7.57 |
5.22 | 4.55 | 8.14 | 7.52 | 21.38 | 23.69 | 21.59 | 7.63 | 6.43 | 5.10 | 4.45 | 3.96 | |
CWIP | 0.00 | 4.58 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.89 | 0.86 | 0.00 | 0.00 | 0.00 |
Investments | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
3.06 | 1.54 | 5.21 | 9.48 | 6.22 | 4.93 | 4.49 | 5.71 | 4.40 | 2.05 | 2.85 | 3.61 | |
Total Assets | 8.33 | 10.67 | 13.35 | 17.00 | 27.60 | 28.62 | 26.08 | 14.23 | 11.69 | 7.15 | 7.30 | 7.57 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2.24 | 3.00 | 5.23 | 4.66 | 2.33 | 3.60 | 3.42 | 0.94 | -0.39 | -2.32 | 0.12 | 0.90 | |
-0.90 | -4.52 | -4.33 | -0.11 | -14.21 | -4.08 | 1.33 | 9.41 | 0.05 | -0.45 | -0.24 | -0.33 | |
-1.98 | 0.49 | -0.98 | -0.26 | 9.19 | -0.94 | -2.95 | -8.53 | -0.18 | -0.19 | -0.18 | -0.18 | |
Net Cash Flow | -0.64 | -1.03 | -0.08 | 4.29 | -2.68 | -1.42 | 1.80 | 1.82 | -0.52 | -2.96 | -0.30 | 0.39 |
Ratios
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 36.76 | 30.32 | 85.35 | 123.78 | 141.26 | 94.15 | 43.80 | 43.70 | 69.94 | 200.00 | 129.98 | 95.22 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 36.76 | 30.32 | 85.35 | 123.78 | 141.26 | 94.15 | 43.80 | 43.70 | 69.94 | 200.00 | 129.98 | 95.22 |
Working Capital Days | 36.76 | 30.32 | 134.91 | 82.40 | 86.26 | 43.67 | 43.80 | 62.55 | 30.60 | 310.00 | 103.72 | 96.98 |
ROCE % | 25.56% | 33.97% | 33.84% | 29.67% | 10.20% | 6.83% | 7.28% | -5.87% | -18.36% | -43.49% | -19.33% |
Documents
Announcements
- Closure of Trading Window 29 Jun
-
Board Meeting Outcome for Revised Outcome
30 May - Revised outcome due to related party docs was not attached to the file
- RESULT FOR THE QUARTER AND YEAR ENDED ON 31/03/2024 30 May
- Board Meeting Outcome for Outcome Of The Board Meeting Held On 30.05.2024 30 May
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
24 May - News Paper advertisement for the upcoming board meeting held on 30/05/2024
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Business Overview:[1]
Company specializes in marine security business and plans to expand its fleet with addition of new clients. Company also provides vessels for crew transfer and marine survey and plans to diversify into shore-based infrastructure projects not limited to oil, gas and water