Duke Offshore Ltd
BBSE:DUKEOFS109.78
INR
+1.08
(+0.99%)
ISIN
INE397G01019
Return %
Stock
S&P 500
1Y
649.86
14.20
3Y
739.94
81.12
5Y
827.98
68.34
Capital Structure
INR
•
in mil. unless spec.Working Capital
INR
•
in mil. unless spec.Growth Rates
INR
•
in mil. unless spec.Quarterly Revenue
INR
•
in mil. unless spec.Quarterly Earnings Per Share
INR
•
in mil. unless spec.Quarterly Dividends Per Share
INR
•
in mil. unless spec.Company Description
- CEO
- Avik George Duke
- Full Time Employees
- 3
- Sector
- Retail trade
- Industry
- Specialty stores
- Address
- 403, Urvashi Housing Society Ltd. Mumbai MH India 400025
- IPO Date
- Dec 7, 1995
- Website
- dukeoffshore.com
- Similar Companies
- Business
- Duke Offshore Limited is a professional marine services company specializing in engineering, procurement, and construction/commissioning (EPC) services primarily for the offshore oil and gas industry. Its core offerings include underwater platform inspection, maintenance, and repair (IMR) services delivered by air and saturation divers; hook-up and commissioning of offshore oilfield platforms involving process systems interconnections, electrical and instrumentation system setup, structural modifications, piping including special alloys, and hydro testing. The company also owns and operates a specialized fleet of vessels for offshore crew transport, dredging support, force protection of marine assets, and harbor channel surveys. Additional services include marine management and dynamic positioning (DP) vessel operations along with force protection services for offshore structures and coastal installations. Duke Offshore serves major clients in India and globally, including British Gas, Shell, Boskalis, NMDC, and the Indian Navy. Founded and headquartered in Mumbai, India, the company has developed from a diving specialist into a comprehensive offshore services provider. Recent major developments include continued expansion and modernization of its vessel fleet aimed at niche marine industry segments and strategic moves to broaden its presence in the oil and gas market with new offerings such as anchor handling tugs and platform supply vessels. Over the past 1-2 years, Duke Offshore has focused on maintaining a young efficient fleet and has given attention to buoying its marine security division while advancing engineering projects with successful on-schedule completions ahead of set timelines. The company has also undertaken organizational measures, including Board meetings addressing financial and operational results as per regulatory requirements, indicating active governance and potential strategic decisions. While specific acquisitions or major funding rounds have not been explicitly noted recently, the company’s operational focus remains on broadening its service portfolio and geographic outreach within offshore and marine sectors. Duke Offshore operates predominantly in the offshore oilfield services industry, focusing on engineering, underwater inspection and maintenance, marine logistics, and vessel management within India and international waters. Its target market includes oil and gas companies requiring complex offshore platform services, marine asset protection, and logistics support. The company continues to leverage its specialized diving capabilities and technical engineering teams to sustain a competitive position in a high-technology environment. The company was established in Mumbai and leverages its strategic location for commercial operations and service delivery. Duke Offshore maintains a multi-service business model supporting upstream oil industry players and related maritime sectors. Its fleet and engineering services distinguish it as a versatile provider in offshore platform lifecycle services and marine security, reflecting a blend of traditional diving expertise with modern EPC capabilities. Overall, Duke Offshore Limited is positioned as an integrated offshore services company, delivering a broad spectrum of engineering, diving, vessel charter, and marine security solutions, with ongoing strategic efforts to enhance fleet capabilities and expand market footprint in India and internationally. The company's adherence to safety and quality standards supports its longstanding industry presence and operational effectiveness.