As of 6 Nov 2026, Global Vectra Helicorp is loss-making on a trailing 12-month basis, with a net loss of ₹35 Cr, so it has no P/E ratio. The share price is ₹126.17, 45% below its 52-week high. Sales grew 8.2% a year over 3 years. Its net worth is negative, as liabilities exceed assets, and borrowings are ₹601 Cr. It is a small-cap company with a market cap of ₹177 Cr, ranked 4th of 4 Airports & Air Services companies by market cap; the shares fell 43% over the past year.
- ₹133.82
- ₹134.00
- ₹125.00
- ₹129.82
- 6.9K
Health check
- ReturnsWeak
−42.7% over the past year.
- Price tagNegative equity
Book value is below zero, so P/E and P/B mislead here.
- GrowthUnder pressure
Sales +8.2% a year over 3 years, but loss-making now.
- ProfitabilityDistorted
With negative net worth, return ratios are meaningless.
- Balance sheetStretched
Negative net worth: liabilities exceed assets.
- Red flags5 to check
Loss-making over the last twelve months.
Small cap
Defensive
Key metrics
- Market cap
- ₹177 Cr
- Small cap
- P/E
- n/a
- Industry 18.8
- Price to book
- −21.81
- Peers 1.00
- Dividend yield
- 0.00%
- ROE
- −490.7%
- Return on equity
- ROCE
- −4.3%
- Peers 10.4%
- Debt to equity
- n/a
- Debt ₹601 Cr
- EPS (TTM)
- −₹24.79
- Face value ₹10
- OPM (TTM)
- −13.8%
- Net margin −6.6%
- Sales growth
- +1.1%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 0.34
- EV/EBITDA 23.7
Strengths and risks
Strengths
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Loss-making over the last twelve months.
- Negative net worth: liabilities exceed assets.
- Return on equity is low at −490.7%.
- 45% below its 52-week high.
- Interest coverage of only 2.4×.
About Global Vectra Helicorp
Global Vectra Helicorp Limited provides helicopter services for the oil and gas sector in India. The company engages in maintenance, repair and overhaul services. It also offers heli-pilgrimage, airborne geophysical surveys, LIDAR mapping, offshore crew change, oil and gas logistics support, geophysical missions, VIP/VVIP transportation, election flying, corporate travel, defence support, RBI operations, anti-Naxal operations, utility and infrastructure…
- Headquarters
- Mumbai
- Employees
- 428
- Sector
- Industrials
- ISIN
- INE792H01019
- Website
- globalhelicorp.com
Price range
- Avg volume (3M)
- 6.9K
- 1-year return
- minus 42.7%
- From 52-week high
- minus 44.7%
Peers · Airports & Air Services
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GMRAIRPORTGMR Airports | 98.75 | minus 0.55% | 1,05,277 | 240.9 | −43.25 | 10.4% | – | 26.6% | 31.8% | – | 0.00% | plus 4.4% |
| TAALTECHTaal Tech | 912.60 | minus 1.44% | 1,422 | 22.8 | 5.80 | 30.5% | 25.3% | 28.7% | 7.4% | 22.0% | 0.00% | plus 8.7% |
| DREAMFOLKSDreamfolks Services | 58.67 | minus 0.91% | 313 | – | 1.00 | 5.5% | 3.8% | −13.9% | −5.1% | −45.8% | 0.00% | minus 53.5% |
| GLOBALVECTGlobal Vectra Helicorp | 126.17 | minus 2.81% | 177 | – | −21.81 | −4.3% | −490.7% | −13.8% | 8.2% | – | 0.00% | minus 42.7% |
| Median of 3 peers | – | −0.91% | 1,422 | 131.8 | 1.00 | 10.4% | 14.5% | 26.6% | 7.4% | −11.9% | 0.00% | 4.4% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 129 | 118 | 147 | 128 | 131 | |
| 137 | 131 | 154 | 166 | 144 | |
| −7.7 | −13.4 | −6.9 | −38.7 | −13.2 | |
| −5.9% | −11.4% | −4.7% | −30.4% | −10.1% | |
| 1.9 | 14.3 | 1.5 | 37.8 | 6.1 | |
| 7.2 | 8.9 | 10.8 | 9.8 | 10.3 | |
| – | – | – | 1.6 | – | |
| −12.9 | −8 | −16.2 | −9.1 | −17.4 | |
| 27.2% | 23.4% | 31.4% | 38.9% | 31.8% | |
| −9.4 | −6.2 | −11.1 | −5.6 | −11.8 | |
| -6.73 | -4.40 | -7.94 | -3.99 | -8.46 |
Profit & loss
- Sales CAGR 3Y
- +8.2%
- ROE
- −490.7%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 411 | 502 | 539 | 521 | |
| – | +22.2% | +7.3% | minus 3.3% | |
| 328 | 402 | 449 | 450 | |
| 82.9 | 100 | 89.9 | 70.7 | |
| 20.2% | 20.0% | 16.7% | 13.6% | |
| −9.7 | 0.9 | 0.6 | −7.4 | |
| 19.3 | 31.7 | 28.9 | 29.8 | |
| 75.4 | 71.7 | 69.8 | 87.2 | |
| 3.1 | 4.7 | 11.5 | 7.4 | |
| −18.4 | 2.3 | 3.2 | −46.3 | |
| 9.7% | 48.4% | 120.1% | 30.3% | |
| −16.6 | 1.2 | −0.7 | −32.3 | |
| -11.88 | 0.86 | -0.46 | -23.06 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 14 | 14 | 14 | 14 | |
| 14.1 | 7.8 | 7.3 | −22.1 | |
| 414 | 583 | 461 | 601 | |
| 326 | 323 | 309 | 295 | |
| 768 | 928 | 791 | 888 | |
| 423 | 483 | 442 | 569 | |
| – | 0.3 | 1.4 | 1.6 | |
| 29.4 | 2.2 | 4.9 | 1.5 | |
| 316 | 442 | 342 | 316 | |
| 768 | 928 | 791 | 888 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 28.6 | 111 | 97.8 | 62.9 | |
| 95 | 30.8 | 58.7 | 62.7 | |
| −142 | −142 | −154 | −129 | |
| −18.5 | 0.7 | 2.4 | −3.5 | |
| −7.3 | −27.5 | −29 | −41.9 | |
| 21.3 | 83.9 | 68.8 | 21 |
Shareholding pattern
- Promoters75.00%
- Public25.00%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 75.00% | 25.00% | 0.00 | |
| 30 Jun 2026 | 75.00% | 25.00% | 0.00 | |
| 31 Mar 2026 | 75.00% | 25.00% | 0.00 | |
| 31 Dec 2025 | 75.00% | 25.00% | 0.00 | |
| 30 Sep 2025 | 75.00% | 25.00% | – |
Major shareholders
Filings & events
News
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