London Stock Exchange · Energy
Invest in Gulf Marine Services stock from India
Indian and foreign residents can buy Gulf Marine Services (GMS) shares directly through Paasa.
By Paasa · Updated
Gulf Marine Services at a glance
- Price
- £0.18-£0.00 (0.42%)
- Market cap
- £208.58M
- Day range
- £0.18 – £0.18
- P/E
- 480.48
- Dividend yield
- None
- Volume
- 373.56K
- 1 month
- -0.53%
- 6 months
- +1.14%
- YTD
- -7.16%
- 1 year
- +15.31%
- 5 years
- +390.61%
Gulf Marine Services statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | $192.1M | $167.5M | $151.6M | $133.2M | $115.1M |
| Gross profit | $80.0M | $89.6M | $69.6M | $60.5M | $60.6M |
| Operating income | $66.1M | $72.6M | $88.2M | $47.3M | $48.4M |
| Net income | $19.3M | $38.0M | $41.3M | $25.3M | $31.0M |
| Earnings per share | $0.02 | $0.04 | $0.04 | $0.02 | $0.04 |
| EBITDA | $115.2M | $101.4M | $106.8M | $76.5M | $81.3M |
| Total assets | $700.2M | $683.1M | $668.3M | $658.8M | $674.4M |
| Total debt | $214.6M | $240.4M | $279.3M | $331.6M | $382.4M |
| Cash and short-term investments | $27.8M | $40.0M | $8.7M | $12.7M | $8.6M |
| Shareholders' equity | $418.9M | $379.7M | $327.6M | $285.6M | $260.8M |
| Operating cash flow | $76.7M | $103.6M | $94.4M | $82.6M | $40.5M |
| Free cash flow | $50.9M | $94.7M | $81.4M | $76.3M | $29.0M |
| Capital expenditure | −$25.8M | −$8.9M | −$13.0M | −$6.3M | −$11.5M |
Fiscal years as reported, the latest ending 31 Dec 2025. Figures in USD; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| EnQuest | ENQ.L | £0.26 | £48.20B |
| VAALCO Energy | EGY.L | £4.50 | £46.92B |
| Ashtead Technology | AT.L | £5.32 | £42.77B |
| Capricorn Energy | CNE.L | £4.28 | £29.35B |
| Kistos | KIST.L | £3.14 | £26.08B |
| Jadestone Energy | JSE.L | £0.38 | £20.74B |
| Afentra | AET.L | £0.70 | £18.85B |
| Genel Energy | GENL.L | £0.58 | £15.98B |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Gulf Marine Services from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to GBP when you buy.
Step 3
Search GMS and buy
Find Gulf Marine Services by name or by its ticker, GMS, and place your order.
Why invest in Gulf Marine Services from India
What Gulf Marine Services does
Gulf Marine Services PLC, together with its subsidiaries, operates self-propelled self-elevating support vessels (SESVs) in the United Arab Emirates, the Kingdom of Saudi Arabia, Qatar, and Europe. It operates through K-Class Vessels, S-Class Vessels, and E-Class Vessels segments. Gulf Marine Services operates in the Oil & Gas Equipment & Services industry within the Energy sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy Gulf Marine Services stock from India?
Yes. Indian residents and NRIs can buy Gulf Marine Services (GMS) shares directly through Paasa. Gulf Marine Services is listed on the London Stock Exchange, in the Oil & Gas Equipment & Services industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
How are Gulf Marine Services dividends taxed for Indian investors?
Gulf Marine Services trades on the London Stock Exchange but is domiciled in United Arab Emirates, so any withholding on its dividends follows that country's rules rather than those of the UK. Dividends are taxed at your slab rate in India. Paasa's dividend report shows the gross amount and any tax withheld for each payment.
What tax do I pay in India when I sell Gulf Marine Services shares?
Non-residents are exempt from UK capital gains tax on the disposal of listed shares. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the GBP/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.
Is there stamp duty when I buy Gulf Marine Services shares?
The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it.