About Anchor Offshore Services Ltd.
Incorporated in January 1994, Anchor Offshore Services Limited is an integrated engineering projects and services company providing turnkey engineering projects, critical equipment and spare parts, installation and overhauling support services, and specialised manpower services. The Company primarily caters to customers operating in the offshore and onshore oil & gas, defence and power sectors in India and international markets. Its operations are carried out across offshore platforms, offshore drilling rigs, refinery sites, piped natural gas assets, shipyards, marine vessels, warships and nuclear power stations. The Company’s revenue is primarily derived from turnkey engineering projects, which accounted for 59.67% of revenue from operations in Fiscal 2026.
In addition to turnkey engineering projects, the Company supplies critical equipment and spare parts, provides installation, operation and maintenance, repair, refurbishment and overhauling services, and offers specialised manpower services. It has distribution and master service arrangements with various Original Equipment Manufacturers (OEMs), including Orga B.V., Q-Aviation, ISS Machinery Services Limited, DMW Corporation India Private Limited, Pristine Water and Kilburn Engineering Limited, among others. These arrangements enable the Company to supply OEM products and provide related technical and service support.
The Company operates through both offshore and onshore business operations, with offshore operations contributing 70.81% of revenue from operations in Fiscal 2026. Its other business verticals contributed 38.21% of revenue from operations during the same period. The Company also operates an in-house workshop that supports light fabrication activities and maintains inventory of spare parts for its service offerings.
As of June 30, 2026, the Company had 378 employees, comprising 120 permanent employees and 258 contractual personnel. Its permanent workforce includes personnel across projects and execution, workshop and fabrication, sales and marketing, HR and administration, accounts and finance, purchase, logistics and management.
Competitive Strengths
- Long-standing relationships with OEMs.
- In-house workshop and spare parts inventory.
- Experienced promoters and senior management team.
- Diversified and strong order book across business verticals.
- Technical, quality and safety credentials supporting project execution.
- Over three decades of experience in engineering projects and technical services.
- Ability to execute multidisciplinary turnkey projects under single-point responsibility.
