GLOBALVECT
Global Vectra Helicorp financials
- Market cap
- ₹185 Cr
- Sector
- Services
What Global Vectra Helicorp Limited does
Global Vectra Helicorp operates a fleet of helicopters (Bell 412, AW139, AW169) under long-term contracts of one to seven years, mainly supporting India's oil & gas industry alongside VIP/corporate flying, election flying, heli-pilgrimage (religious tourism), aerial geophysical survey, power-line inspection, emergency services and state-government support work such as RBI currency transport and anti-Naxal operations support. Maintenance, repair and overhaul (MRO) for its own fleet is carried out in-house at its Mumbai facility, which is also offered as a service line. The company runs its main operations and maintenance base at Juhu Airport, Mumbai, plus several forward/pan-India bases mobilized with support from state governments.
Segments
- Oil & Gas support services
- Corporate & VVIP charter flying
- Religious tourism (heli-pilgrimage)
- Aerial geophysical survey & power industry support
- Government/defence support services
- Emergency & underslung operations
- Maintenance, Repair and Overhaul (MRO) services
- Total staff
- 439 (pilots, engineers and support staff)
- Helicopter fleet types
- Bell 412, AW139, AW169
- Main maintenance/operations base
- Juhu Airport, Mumbai, plus several bases pan-India
- Hangar facility size
- 6,600 sqm (AW169 fleet hangar, Mumbai)
- Accident-free flying hours
- over 3,58,000 hours
- Forward bases mobilized across states
- Andhra Pradesh, Arunachal Pradesh, Delhi, Gujarat, Maharashtra, Nagaland, Orissa, Pondicherry
Quarterly results
Q1 FY27: revenue up 1.6%, net profit down 33.3% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 124 | 143 | 135 | 129 | 118 −5% | 147 +3% | 128 −5% | 131 +2% |
| EBITDA | 13 | 19 | 8 | 9 | 6 −54% | 14 −26% | -8 −200% | 12 +33% |
| Net profit | -4 | -3 | 13 | -9 | -6 −50% | -11 −267% | -6 −146% | -12 −33% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −37.0% 1Y
1Y: ₹209.84 on 10 Sept 2025 → ₹132.17. High ₹243.14 (16 Oct 2025), low ₹132.17 (11 Sept 2026).
Financials, as filed
Revenue grew 8.5% a year over 3 years, FY23 to FY26. Operating margin narrowed to 4.0%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹409 Cr | ₹503 Cr | ₹542 Cr | ₹522 Cr |
| Operating profit | ₹36 Cr | ₹86 Cr | ₹55 Cr | ₹21 Cr |
| Operating margin | 8.9% | 17.1% | 10.1% | 4.0% |
| Interest | ₹20 Cr | ₹33 Cr | ₹33 Cr | ₹37 Cr |
| Depreciation | ₹74 Cr | ₹73 Cr | ₹70 Cr | ₹86 Cr |
| Net profit | ₹-18 Cr | ₹1 Cr | ₹0 Cr | ₹-32 Cr |
| Net margin | -4.4% | 0.2% | 0.0% | -6.1% |
| Cash from operations | ₹29 Cr | ₹111 Cr | ₹98 Cr | ₹63 Cr |
| Free cash flow | ₹73 Cr | ₹84 Cr | ₹69 Cr | ₹72 Cr |
| ROCE | -1.0% | 7.0% | 7.0% | -2.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹14 Cr | ₹14 Cr | ₹14 Cr | ₹14 Cr | ₹14 Cr | ₹14 Cr |
| Reserves | ₹34 Cr | ₹27 Cr | ₹14 Cr | ₹8 Cr | ₹-9 Cr | ₹-22 Cr |
| Borrowings | ₹342 Cr | ₹366 Cr | ₹414 Cr | ₹583 Cr | ₹635 Cr | ₹601 Cr |
| Other liabilities | ₹315 Cr | ₹310 Cr | ₹326 Cr | ₹323 Cr | ₹309 Cr | ₹295 Cr |
| Total liabilities | ₹705 Cr | ₹717 Cr | ₹768 Cr | ₹928 Cr | ₹949 Cr | ₹888 Cr |
| Fixed assets | ₹440 Cr | ₹406 Cr | ₹423 Cr | ₹483 Cr | ₹609 Cr | ₹569 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹265 Cr | ₹311 Cr | ₹346 Cr | ₹445 Cr | ₹340 Cr | ₹319 Cr |
| Total assets | ₹705 Cr | ₹717 Cr | ₹768 Cr | ₹928 Cr | ₹949 Cr | ₹888 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count shrank 3% to 16,736.
- Promoters
- 75.0%
- FIIs
- 0.1%
- Public
- 24.9%
Since Jun 2025
- Public +0.01 pp
- Promoters 0.00 pp
- FIIs 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 75.0%, FIIs 0.2%, Public 24.8%.Dec '23: Promoters 75.0%, Public 25.0%.Mar '24: Promoters 75.0%, Public 25.0%.Jun '24: Promoters 75.0%, Public 25.0%.Sep '24: Promoters 75.0%, Public 25.0%.Dec '24: Promoters 75.0%, Public 25.0%.Mar '25: Promoters 75.0%, Public 25.0%.Jun '25: Promoters 75.0%, FIIs 0.1%, Public 24.9%.Sep '25: Promoters 75.0%, FIIs 0.1%, Public 24.9%.Dec '25: Promoters 75.0%, FIIs 0.1%, Public 24.9%.Mar '26: Promoters 75.0%, FIIs 0.1%, Public 24.9%.Jun '26: Promoters 75.0%, FIIs 0.1%, Public 24.9%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Global Vectra Helicorp Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Vecttra Investments Pvt. Ltd. | 48.00% | unchanged |
| AAA Rotor Limited | 27.00% | unchanged |
| Vijay Kishanlal Kedia | 3.00% | unchanged |
| Kedia Securities Private Limited | 1.86% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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