Garware Offshore Services Ltd · BSE:GARWAOFFS
Garware Offshore Services — Exclusive Conference hosted by Ashika Group and CNI Infoxchange, 6 June 2026
23 slides from Garware Offshore Services's conference presentation, Jun 2, 2026
Slide 1: Garware Offshore Services Limited - Company presentation cover letter
GARWARE OFFSHORE SERVICES LIMITED (Formerly known as Global Offshore Services Limiled) Regd. Office : 3rd Floor, Prospect Chambers, D. N. Road, Fort, Mumbai - 400001 Tel. +91 22 35481800 CIN No.: L61100MH1976PLC019229 Ref.: GOSL/2026/025 June 02, 2026 BSE Limited Scrip Code : 501848 Phiroze Jeejeebh
Slide 2: Corporate Presentation May 2026
Corporate Presentation May 2026 garwareoffshore.in
Slide 3: Disclaimer
’iSclaimer This presentation has been prepared by Garware Offshore Services Ltd. (the “Company”), for information purposes only. By accessing this presentation, you are agreeing to be bound by the restrictions and disclaimers as set forth herein This document does not constitute or form part of any
Slide 4: Offshore Sector For Over 40 Years Globally
E @ Offshore Sector Globally And 1 Additional For Over 40 Years Vessel Acquired garwareoffshore.in
Slide 5: Corporate Structure and Shareholding
CORPORATE STRUCTURE 30.4% Promoters — - Garware Offshore Services Limited, India Public Shareholding Y Garware Offshore International Services Pte Ltd, Singapore Technical & Commercial Management garwareoffshore.in
Slide 6: Planned Future Corporate Structure
@ PLANNED FUTURE CORPORATE STRUCTURE 30.4% Promoters | Garware Offshore Services Ltd. Technical & Commercial Management 2 Mahanadi Mahananda GOISPL o= garwareoffshore.in
Slide 7: Company Background
W= COMPANY BACKGROUND m \& 2024 »» o 2000 - 2015 20]5-»2023 » In 201, when oil prices Over 2005 to 2014, the Company ucquiréd / TElEEISET et Vs Contracts were terminated operated over 15 vessels. or alternatively repriced 1986 - 2000 8 Platform Supply Vessels This adversely impacted » and 7 Anchor H
Slide 8: Our Strengths: Deep & Diversified Experience in Offshore Businesses
OUR STRENGTHS: DEEP & DIVERSIFIED EXPERIENCEIN OFFSHORE BUSINESSES Rig Positioning Tanker Support Operations Handling AHTSV's of up to 80-ton Bollard pull and PSV’s of up to 4200 DWT BuoyMaintenance Construction Support Activities AnchorHandiling / Supply garwareoffshore.in
Slide 9: Our Strengths: Global Deployment
A Greenland o OUR North STRENGTHS: Atlantic Ocean Globhadl DEPLOYMENT Indian Ocean Atlantic Ocean Southern garwareoffshore.in
Slide 10: Our Strengths: Global Clients Past and Present
OUR STRENGTHS GLOBAL CLIENTS — PAST AND PRESENT bp pr e o ONGC British GasIRTransocean %vedamq" . | i PETROBRAS e @ Ourclients include some of the best E & P operators around the world garwareoffshore.in
Slide 11: Contract Coverage
Contract Coverage M.V. Kamet August 2026 —» 5yr contract w.e.f August 2026 under negotiation. M.V. Mahanadi 3/5 year contract w.e.f August/Sept under negotiation. M.V. Mahananda December 2027 + 1 year extension (Charterer's option). garwareoffshore.in
Slide 12: Crewing / Managing OSVs
One of the oldest and most experienced OSV companies in India with over 40 years of experience in Owning / Operating / Crewing / Managing OSVs. Worked with almost all major E&P Companies globally.. Well accepted operatorin the North Sea — one of the most stringent/ regulated Offshore Markets in the
Slide 13: Present Fleet
Present Fleet Name: M.V.Kamet Name: M.V. Mahananda Name: M.V. Mahanadi Type: DP2 PSV Type: 60 Ton AHTSV Type: 80 Ton AHTSV Build: June 2007 Build: March 2009 Build: November 2006 Country of Origin: Norway Country of Origin: China Country of Origin: Indonesia garwareoffshore.in
Slide 14: Charterers
Charterers M.V. Kamet ONGC, Afcons M.V. Mahanadi Sri Lanka Shipping, Vedanta garwareoffshore.in
Slide 15: Our Strength: Experienced Core Leadership Team
OUR STRENGTH- Pepe| EXPERIENCED CORE LEADERSHIP TEAM over 30 years in Offshore Shipping Industry inthe field of Finance. Marketing, Operations, and now Restructuring. P.S.Shah ChiefFinancial Officer Working with Global Offshore and its concerns for over 30 years, and is a specialist in Taxation matt
Slide 16: Revenue and EBITDA - Restructuring Complete
Revenue and EBITDA GAaRWARE S E Giobal Offshre 1 B & FINANCIAL I = | | I NER Warch 20 YE March21 YE March 22 YE Mall 23 YE March 24 NS | = RESTRUCTURING COMPLETE GOSL has completed an extensive restructuring exercise post the oil price “crash” of 2015. Peak Consolidated Revenues of INR 407 crores, E
Slide 17: Market Outlook
" MARKET | i OUTLOOK | % =z~ /1A 7 WV, 7 7 ;\,\ L Resistance from Owners = 7N |- to embark on a new 7 — Building Spree v Global OSV market | %@ expected to reach USD 29 billion by 2032 offshore.in
Slide 18: Growth Plan
._ GROWTH - 7 ‘ PLAN A
Slide 19: Growth Drivers
GROWTH DRIVERS With The Growing Interest In GOSsL's Management Has Renewable ;Energy, OSVs N Are Been In The Offshore Logistics Also Increasingly Being Used Preference To Place Vessels Industry For 40 Years Giving To Support Offshore Wind On Term Contract Which Them Thorough Experience Farms, Which
Slide 20: Company Expansion Plan
co M I AN I » Company is looking to expand it's fleet by leveraging it's deep expertise as one of the leading OSV companies in India » Oil and Gas industry has significantly improved creating AN D EX PANS Io N PI.AN opportunities for companies with expertise in this sector » Due to lack of construct
Slide 21: Focused Expansion Plan Guided by a Prudent Financial Approach
ES FOCUSED EXPANSION PLAN GUIDED BY A PRUDENT FINANCIAL > Acquisition of 2-3 mid size vessels — 80 Ton AHTSV / 3000 DWT PSV between 2026 - 2028. > One 80 Ton AHTSV already acquired. > Developing Asset base amongst other “Verticals” in the Industry, including EPC Support. > Expansion through Joint Ve
Slide 22: Financial Particulars
\&&/\: gTSNS R Rs. In Lakhs T poricutars | rvameas | evamsa | Gross Income 3321.29 4013.59 Operating Expenses 1519.57 1612.74 Other Expenses 1082.63 1232.93 EBIDTA 719.09 1167.92 Interest 184.22 44329 Depreciation 1351.08 1809.83 Taxes & Exceptional items (20.12) 85.00 Net Profit / (Loss) (796.09) (
Slide 23: Thank You
Thank You Contact Us @91 2235481800 @info@qorwareoffshore.in @ Garware Offshore Services Ltd. 3rd Floor, Prospect Chambers, D. N. Road, Fort, Mumbai 400001 garwareoffshore.in