Global Vectra Helicorp Limited (GLOBALVECT)

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Global Vectra Helicorp Limited (GLOBALVECT) · mywealthgrid

About

Global Vectra Helicorp operates airline services within the Transport Services industry. At ₹208.6 Cr market cap, it generates quarterly standalone revenue of ₹120–147 Cr but has been persistently unprofitable, with net losses in five of the last eight quarters.

Face value: ₹10

Market cap

₹183 Cr

P/E

—

P/B

—

Dividend yield

ROE

-490.7%

ROCE

-3.1%

Debt / equity

—

OPM

3.9%

EPS (TTM)

₹-24.8

Book value

₹-5.8

52-week high

—

52-week low

—

Key insights

Company research notes and source-linked reviews

Key risks

Persistent losses: net profit negative in 5 of 8 recent quarters, most recent -₹11.85 Cr (Jun 2026); verify cost structure and whether losses are temporary or structural
Shareholder value destruction: ROE of -490.73% indicates losses exceeding equity base; understand debt maturity and whether equity restructuring is imminent
Operating margin instability: ranged from -6.48% (Mar 2026) to 13.35% (Dec 2024) on similar revenue (₹127–147 Cr); verify what drives such volatility and whether cost control is sustainable
No institutional support: FII 0.08% and DII 0% signal limited analyst or institutional confidence; verify reasons and whether turnaround is credible

Generated analysis · source review pending

Growth drivers

Return to profitability: Mar 2025 delivered ₹12.63 Cr net profit on ₹134.94 Cr revenue (5.85% OPM); verify which operational factors (fleet utilization, cost discipline, pricing) enabled that quarter and whether they are recoverable
Revenue base stabilized at ₹120–147 Cr per quarter; if cost discipline returns to Dec 2024 levels (13.35% OPM) or Mar 2025 levels (5.85% OPM), earnings would recover substantially from current losses
Airline operations depend on fleet utilization and fuel costs; verify current load factors, average per-passenger revenue, fuel costs as % of revenue, and hedging strategy

Generated analysis · source review pending

2,528 historical price candles were omitted because the exchange source has not been verified.

₹131.0-0.7%1Y

Quick read

rule-based

Pros

+High promoter holding of 75% with no pledge

Cons

−Low return on equity of -163% (3-yr avg)
−Thin operating margin of 3.9%
−Weak interest coverage of -0.3×

Research score

Structured signal from quality, growth, valuation and momentum.

34/100

Business quality: 0
Growth: 27
Valuation: 75

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

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Container Corporation Of India LimitedCONCORCONCOR	₹33,663 Cr	₹33,687 Cr	₹9,085 Cr	₹1,962 Cr	21.5%	₹1,242 Cr	13.7%	12.5%	9.8%	10
Delhivery LimitedDELHIVERYDELHIVERY	₹29,952 Cr	₹29,955 Cr	₹11,145 Cr	₹633 Cr	6.1%	₹94 Cr	1.5%	2.8%	1.6%	7
The Great Eastern Shipping Company LimitedGESHIPGESHIP	₹21,857 Cr	₹22,906 Cr	₹6,213 Cr	₹3,843 Cr	58.2%	₹3,747 Cr	54.4%	18.4%	18.8%	31
Shadowfax Technologies LimitedSHADOWFAXSHADOWFAX	₹15,982 Cr	₹15,982 Cr	₹4,202 Cr	₹212 Cr	5%	₹112 Cr	2.7%	9.6%	10.4%	10
Shreeji Shipping Global LimitedSHREEJISPGSHREEJISPG	₹12,630 Cr	₹12,894 Cr	₹757 Cr	₹215 Cr	30.1%	₹160 Cr	21.5%	24.6%	19.9%	43
Shipping Corporation Of India LimitedSCISCI	₹12,439 Cr	₹14,916 Cr	₹6,310 Cr	₹2,579 Cr	37.8%	₹1,618 Cr	23.4%	14.8%	15.5%	-20
Blackbuck LimitedBLACKBUCKBLACKBUCK	₹11,038 Cr	₹11,064 Cr	₹713 Cr	₹176 Cr	25.6%	₹169 Cr	24.6%	12.9%	12.1%	-13
Blue Dart Express LimitedBLUEDARTBLUEDART	₹10,657 Cr	₹10,857 Cr	₹6,357 Cr	₹1,016 Cr	15.5%	₹287 Cr	4%	19.1%	14.8%	-17
Shiprocket LimitedSHIPROCKETSHIPROCKET	₹8,730 Cr	₹8,972 Cr	₹2,024 Cr	₹-67 Cr	-3.3%	₹-79 Cr	-3.9%	-3.1%	-5.4%	—
Transport Corporation Of India LimitedTCITCI	₹6,727 Cr	₹6,946 Cr	₹5,026 Cr	₹531 Cr	10.5%	₹460 Cr	9.4%	16.5%	19.5%	40
Tvs Supply Chain Solutions LimitedTVSSCSTVSSCS	₹5,666 Cr	₹6,776 Cr	₹11,746 Cr	₹830 Cr	7.1%	₹65 Cr	1.1%	7.9%	6%	-169
Vrl Logistics LimitedVRLLOGVRLLOG	₹4,986 Cr	₹5,441 Cr	₹3,356 Cr	₹685 Cr	20.2%	₹267 Cr	7.4%	18.8%	21.3%	12

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore · years without a filed annual are summed from quarters

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	357	98	98	105	457	295	332	411	503	542	521
	338	73	73	101	363	271	286	370	417	488	501
	20	26	26	4	93	25	46	41	86	55	21
OPM %	5.5%	26%	26%	3.6%	20.5%	8.4%	13.7%	10.1%	17.1%	10.1%	3.9%
Depreciation	—	10	10	10	94	83	78	75	72	70	87
Interest	15	6	6	4	24	18	16	21	34	33	37
	34	5	5	0	27	31	41	36	22	51	57
Profit before tax	26	15	15	-10	3	-45	-8	-18	2	3	-46
Tax	13	4	4	-4	0	-16	-2	-2	1	4	-14
Tax %	49.7%	27.8%	27.8%	-41.9%	18.1%	-35.6%	-29.1%	-9.7%	48.3%	120.1%	-30.3%
	13	11	11	-6	2	-29	-5	-17	1	-1	-32
PAT margin %	3.6%	11.4%	11.4%	-5.3%	0.5%	-9.9%	-1.6%	-4.1%	0.2%	-0.1%	-6.2%
EPS (₹)	8	15.9	15.9	-2	3	-20.9	-3.9	-11.9	0.9	-0.5	23.1
EPS adjusted (₹)	—	8	8	-4	1.5	-20.9	-3.9	-11.9	0.9	-0.5	-23.1
Annual report	Annual report for Mar 2016	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	14	14	14	14	14	14	14	14	14	14
Reserves	33	37	52	65	34	27	14	8	7	-22
Minority interest	—	66	—	—	—	—	—	—	—	—
	239	143	120	61	52	55	44	42	102	100
	384	368	452	667	604	620	697	864	668	797
Total equity & liabilities	669	628	638	807	705	717	768	928	791	888
	496	421	403	552	440	406	121	120	529	100
CWIP	0	0	0	—	—	—	0	0	0	—
Investments	—	—	—	0	0	0	0	0	0	0
	173	207	235	255	265	311	648	808	262	788
Total assets	669	628	638	807	705	717	768	928	791	888

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Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	—	—	—	—	—	—
EBITDA margin %	3.6%	20.5%	8.4%	13.7%	10.1%	17.1%	10.1%	3.9%
EBIT margin %	-5.4%	-0.1%	-19.7%	-9.9%	-8.3%	2.8%	-2.8%	-12.8%
PAT margin %	-5.3%	0.5%	-9.9%	-1.6%	-4.1%	0.2%	-0.1%	-6.2%
Working capital
Receivable days	221	47	64	37	20	27	25	27
Inventory days	92	25	32	31	25	25	25	29
Payable days	612	145	189	171	0	155	135	129
NWC days	-299	-72	-94	-103	45	-103	-84	-74
Leverage
Current ratio	0.41	0.44	0.44	0.46	0.5	0.52	0.51	0.45
Debt to EBITDA	31.4	0.65	2.11	1.22	1.05	0.48	1.87	4.84
Debt to equity	1.8	0.76	1.09	1.35	1.55	1.9	4.79	-12.29
Interest coverage	-1.2	1.1	-1.6	0.5	0.1	1.1	1.1	-0.3
Asset turnover	0.16	0.57	0.42	0.46	0.53	0.54	0.69	0.59
Return ratios
Return on assets %	-0.9%	0.3%	-4.2%	-0.8%	-2.2%	0.1%	-0.1%	-3.6%
Return on capital employed %	-1.9%	8.5%	-7.9%	2.6%	0.8%	9.4%	9.5%	-3.1%
Return on equity %	-8.4%	2.6%	-61.1%	-13.3%	-59.2%	5.5%	-3.1%	398.6%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%
	0.21%	0%	0%	0%	0%	0%	0%	0.08%	0.08%	0.08%	0.08%	0.08%
DII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	24.79%	25%	25%	25%	25%	25%	25%	24.92%	24.92%	24.92%	24.92%	24.92%
No. of shareholders	—	—	—	—	—	—	—	—	16,855	17,168	16,764	16,736

Promoter holding up 0 percentage points since Sep 2023.

8 deals · 23 Dec 2021 – 23 Apr 2024

Date	Client	Type	Venue	Side	Quantity	Price	Value
23 Apr 2024	MULTIPLIER SHARE & STOCK ADVISORS PRIVATE LIMITED	Bulk	NSE	Sell	70,500	₹212.50	₹1.50 Cr
23 Apr 2024	MULTIPLIER SHARE & STOCK ADVISORS PRIVATE LIMITED	Bulk	NSE	Buy	45,000	₹212.50	₹0.96 Cr
13 Jul 2023	JATESH JAIN	Bulk	NSE	Buy	78,200	₹78.19	₹0.61 Cr
13 Jul 2023	JATESH JAIN	Bulk	NSE	Sell	77,200	₹78.28	₹0.60 Cr
22 Aug 2022	MUKUL MAHESHWARI (HUF)	Bulk	NSE	Buy	1,03,622	₹57.81	₹0.60 Cr
22 Aug 2022	MUKUL MAHESHWARI (HUF)	Bulk	NSE	Sell	87,699	₹58.32	₹0.51 Cr
23 Dec 2021	JATESH JAIN	Bulk	NSE	Buy	1,02,560	₹72.54	₹0.74 Cr
23 Dec 2021	JATESH JAIN	Bulk	NSE	Sell	97,560	₹73.65	₹0.72 Cr

1–8 of 8

1 / 1

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mr. Sarabjot Singh SaighalExecutive Director-Chairperson-MD
Anthony James BakerChief Executive Officer
Ms. Rati RishNon-Executive - Non Independent Director
Mr. Baldev Singh PawarNon-Executive - Independent Director
Mr. Manjinder Singh ButtarNon-Executive - Independent Director
Mr. Mr. Vinay GoyalNon-Executive - Independent Director
Raakesh SoniCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Global Vectra Helicorp Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

1

Board meeting to consider results11 Aug 2026

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

39 announcementsExport CSV

30 Sept 2026, 6:23 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	—	—	—	—	—	—
EBITDA margin %	3.6%	20.5%	8.4%	13.7%	10.1%	17.1%	10.1%	3.9%
EBIT margin %	-5.4%	-0.1%	-19.7%	-9.9%	-8.3%	2.8%	-2.8%	-12.8%
PAT margin %	-5.3%	0.5%	-9.9%	-1.6%	-4.1%	0.2%	-0.1%	-6.2%
Working capital
Receivable days	221	47	64	37	20	27	25	27
Inventory days	92	25	32	31	25	25	25	29
Payable days	612	145	189	171	0	155	135	129
NWC days	-299	-72	-94	-103	45	-103	-84	-74
Leverage
Current ratio	0.41	0.44	0.44	0.46	0.5	0.52	0.51	0.45
Debt to EBITDA	31.4	0.65	2.11	1.22	1.05	0.48	1.87	4.84
Debt to equity	1.8	0.76	1.09	1.35	1.55	1.9	4.79	-12.29
Interest coverage	-1.2	1.1	-1.6	0.5	0.1	1.1	1.1	-0.3
Asset turnover	0.16	0.57	0.42	0.46	0.53	0.54	0.69	0.59
Return ratios
Return on assets %	-0.9%	0.3%	-4.2%	-0.8%	-2.2%	0.1%	-0.1%	-3.6%
Return on capital employed %	-1.9%	8.5%	-7.9%	2.6%	0.8%	9.4%	9.5%	-3.1%
Return on equity %	-8.4%	2.6%	-61.1%	-13.3%	-59.2%	5.5%	-3.1%	398.6%

Date	Category	Subject	Filing
30 Sept 2026, 6:23 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
29 Sept 2026, 3:21 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
7 Sept 2026, 1:20 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
5 Sept 2026, 1:59 pm	Others Reg. 34 (1) Annual Report	Reg. 34 (1) Annual Report.	PDF
4 Sept 2026, 6:39 pm	AGM/EGM AGM	Notice Of 28Th Annual General Meeting To Be Held On 29 September, 2026 And Book Closure.	PDF
1 Sept 2026, 7:17 pm	Company Update General	Clarification	PDF
11 Aug 2026, 6:08 pm	Board Meeting Outcome of Board Meeting	Board Meeting Outcome for Ubmission Of Unaudited Financial Results Along With Limited Review Report For The Quarter Ended 30 June, 2026	PDF
31 Jul 2026, 5:35 pm	Board Meeting	Board Meeting Intimation for Consideration And Approval Of Unaudited Financial Results For The Quarter Ended 30 June, 2026.	PDF

₹ Cr	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	71	57	34	76	10	60	29	111	98	63
	-0	-5	-8	7	59	55	95	31	59	63
	-70	-48	-31	-82	-72	-95	-142	-142	-154	-129
Net cash flow	1	4	-5	2	-3	19	-19	1	2	-3
Free cash flow	62	52	19	49	4	37	21	96	82	30
CFO / Operating profit %	279.9%	224.8%	881.9%	81.8%	41.9%	130.7%	69%	129.8%	179.2%	306.1%

Global Vectra Helicorp Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Events

Board meetings1

Announcements

Ratio timeline

Not in the F&O segment

No fund holdings on record

Board meetings1

Quarterly record

Bulk & block deals

Board and management

Announcements

Annual reports

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Return on equity

1

1