Garware Offshore Services Ltd
GLOBOFFS
Rank in Stocks
#27961
Garware Offshore Services Limited engages in the owning, operation, and charter... Garware Offshore Services Limited engages in the owning, operation, and charter of offshore support vessels in India. Its vessels provide support services for oil and gas exploration activities, including transporting personnel to rigs and platforms from onshore bases; delivering cargo, material to rigs, and platforms; anchor handling; and towing of rigs, as well as provides support services for offshore and underwater construction projects. The company was formerly known as Global Offshore Services Limited and changed its name to Garware Offshore Services Limited in February 2026. Garware Offshore Services Limited was incorporated in 1976 and is based in Mumbai, India.
Share Price
$0.41512745
Last synced: 2026-11-09
Market Cap
$12.77M
Change (1 day)
-1.85%
Change (1 year)
-48.05%
Country
Stock data: Financial Modeling PrepΒ·Updated Β·Not investment adviceΒ·How we calculate this
Trade Garware Offshore Services Ltd (GLOBOFFS)
Category
Energy
Operating Margin for Garware Offshore Services Ltd (GLOBOFFS)
Operating Margin as of November 2026 TTM: -11.66%
According to Garware Offshore Services Ltd's latest financial reports, its current operating margin (TTM) is -11.66%. At the end of 2025 the company had an operating margin of -24.08%.
Operating Margin history for Garware Offshore Services Ltd from 2007 to 2026
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2026 (TTM) | -11.66% | -51.58% |
| 2025 | -24.08% | -51.07% |
| 2024 | -49.21% | -42.33% |
| 2023 | -85.33% | 73.86% |
| 2022 | -49.08% | -0.51% |
| 2021 | -49.33% | 81.03% |
| 2020 | -27.25% | -75.01% |
| 2019 | -109.06% | 8.82% |
| 2018 | -100.22% | 53.71% |
| 2017 | -65.20% | -684.23% |
| 2016 | 11.16% | -57.34% |
| 2015 | 26.16% | -5.53% |
| 2014 | 27.69% | -19.32% |
| 2013 | 34.32% | 39.57% |
| 2012 | 24.59% | 123.95% |
| 2011 | 10.98% | -75.84% |
| 2010 | 45.45% | -19.69% |
| 2009 | 56.59% | 0.00% |
| 2008 | 0.00% | -100.00% |
| 2007 | 41.88% | 0.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin Difference | Country |
|---|---|---|---|
| 12.58% | -101.08% |
US
|
|
| 12.13% | -101.04% |
US
|
|
| 18.71% | -101.60% |
LU
|
|
| 12.58% | -101.08% |
US
|
|
| 15.69% | -101.35% |
GB
|
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.
Questions about Garware Offshore Services Ltd's operating margin
What is Garware Offshore Services Ltd's operating margin?
Garware Offshore Services Ltd's operating margin is -11.66%, as of Nov 2026.
What was Garware Offshore Services Ltd's operating margin in 2025?
In 2025, Garware Offshore Services Ltd's operating margin was -24.08%, compared with -49.21% in 2024.
How has Garware Offshore Services Ltd's operating margin changed since 2020?
From 2020 to 2025, Garware Offshore Services Ltd's operating margin was highest in 2025 (-24.08%) and lowest in 2023 (-85.33%).
How does Garware Offshore Services Ltd's operating margin compare with similar companies?
Garware Offshore Services Ltd's operating margin (-11.66%) is lower than that of all 5 similar companies listed above. The highest among them is Tenaris S.A., with 18.71%.