Duke Offshore – Multibagger Analysis

DUKE OFFSHORE LIMITED is headquartered in Mumbai, India and is managed by a dynamic group of oil field and marine professionals. Our Engineering Division has dedicated teams of engineers and support staff who are specialized in hook up and commissioning of offshore oil field platforms, their maintenance, modification and inspection services.

The Diving Division provides a dedicated underwater platform inspection, maintenance and repair (IMR) program for oil companies. In addition diving services are provided for drill rig support, SBM and SPM installation, operations and maintenance.

The Offshore vessel and Marine Management Division provides offshore support vessels like supply vessels, crew boats and hook up/ accommodation barges globally.

The Special Force Protection Division has been created to provide offshore patrol vessels to the oil fields and other offshore installations for security and protection.

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Company URL: http://www.dukeoffshore.com/

Screener URL: http://www.screener.in/company/531471

CMP: 31.00

Warren Buffett Checklist

History of Consistently Increasing Sales, Earnings & Cash Flow Yes. image
Durable Competitive Advantage Moderate. image
Future Growth Drivers Good for next 2 years. image
Conservative Debt (long term debt < 3 Net Profit) Yes. image
Debt Equity Ratio, Current Ratio 0.09 image
Return on Equity must be Above Average 23 (Good) image
Low CAPEX required to maintain current operations Not. image
Management is holding / buying the stock Slightly decreasing in past 3 years. image
Price is Under Valued (< intrinsic value) Yes. image
Stock Price is consolidating (now) Yes. image
Stock Price is growing in past years along with EPS growth Yes. image

Additional Futurecaps Checklist

Consolidated PE, PB Ratio PE 9, PB 1.5 image
Cash Flow Positive, Net Profit % greater than 8% Not.  Yes. image
Paying Dividends, Tax No. Yes. image
EPS Growth Rate 50% to 100% image
Jump in Trailing Result EPS Yes. 100%. image
Jump in Quarterly Result EPS Yes. 15%. image
Expected Gain in 5 Years 10 to 15 times. image
Price Movement Graph, 52 Week High & Low 62.00/11.00 image
Volume Analysis 6800 (Good) image
Power of Brand Moderate. image
Corporate Governance, Reputation of Leaders Yes. image
Fraud reported Not in current search. image
Annual Report Expansion plan on card. LINK image

Declaration

Based on the value & growth parameters we declare the company as a multibagger.

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Allocation

1-23% of portfolio.

Note

Capitalization is very low – 15 crores.

Disclaimer

Futurecaps recommends 100 to 150 multibaggers per year, we recommend a 25% to 50% allocation of your savings in equity.  The stocks recommended here are gone through Analysts of several years experience in stock market.  Although they were successful in predicting future multibaggers, the overall stock market is a risky game.  So we recommend the reader to put his/her own thoughts & invest wisely.

3 thoughts on “Duke Offshore – Multibagger Analysis

Add yours

  1. Sir, Your view on Super Tannery please.
    the peers like liberty, relaxo, bata, super house are trading at extra ordinary valuations . Do you think this one also deserve atleast half of what others are claiming??

  2. Coral Labs was posted on 29th Nov as a Multibagger now on Dec 6th it has been removed from your site. I purchased based on your recommendation now I am confused if reliable.

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