Dredging Corporation of India Share Price & Earnings Call Analysis

₹841.40+2.96% today
Market cap
₹2,356 Cr
P/E
59.89
ROE
0.39%
PEG
2.27
Price to sales
1.78
Debt to equity
0.89
52W high / low
₹1,232 / ₹769
Sales growth (5Y)
9.61%
EBITDA margin
19.88%
Net profit margin
0.39%
Promoter holding
73.47%
Sales (last year)
₹1,322 Cr

Dredging Corporation of India Limited (DCI) is engaged in providing integrated dredging services to ports, Indian Navy and other maritime organizations in India.[1]

Potential multibaggers · Q2 FY27

This quarter's potential multibaggers
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Dredging Corpn. announcements

All announcements →

Financials of Dredging Corpn.

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Dredging Corpn.

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +337204198265278151204324462242212276478
Expenses +505148141197259139206272386195187243335
Operating Profit-1675657691912-25277472533143
OPM %-50%28%29%26%7%8%-1%16%17%19%12%12%30%
Other Income +1101112316-11112
Interest77787717121731231124
Depreciation49353334393738393840374833
Profit before tax-223161728-26-31-331721-23-33-2587
Tax %0%3%4%2%1%1%2%4%-1%1%3%0%1%
Net Profit +-223151727-26-31-341621-23-34-2587
EPS in Rs-79.625.415.999.72-9.28-11.21-11.975.747.64-8.33-12.21-8.8031.04

Financials of Dredging Corpn.

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +7356665855926927507648011,1659461,1421,208
Expenses +5615364694575256117986831,1847441,002961
Operating Profit174130116135167139-34118-19202140248
OPM %24%19%20%23%24%19%-4%15%-2%21%12%20%
Other Income +102614207631933246
Interest261818201814201229283889
Depreciation9293100113113117119120150141152158
Profit before tax654512224313-1705-19535-267
Tax %4%7%40%21%12%59%1%25%1%5%5%28%
Net Profit +6242717386-1724-19633-275
EPS in Rs22.2914.972.656.1213.581.97-61.521.28-70.0711.85-9.811.70
Dividend Payout %13%20%0%33%22%0%0%0%0%0%0%0%

Financials of Dredging Corpn.

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital282828282828282828282828
Reserves1,4461,4741,4931,5161,5471,5421,3671,3791,2011,2271,1931,202
Borrowings +1,0401,0138188096525524272732815589231,087
Other Liabilities +270319333296236349444627817581503748
Total Liabilities2,7842,8342,6722,6492,4632,4712,2662,3072,3262,3952,6473,066
Fixed Assets +1,8711,9281,8081,8171,7191,6541,6091,5801,5311,4301,3431,207
CWIP13826438812295344584894
Investments3044440000000
Other Assets +882864834786733809645698791620721964
Total Assets2,7842,8342,6722,6492,4632,4712,2662,3072,3262,3952,6473,066

Financials of Dredging Corpn.

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +21215887138148117176205148191112142
Cash from Investing Activity +-9-17-8136-1-89-173-290-477-368
Cash from Financing Activity +-142-127-141-127-145-142-166-159-38118363321
Net Cash Flow6114-62127-1910-43-6319-295
Free Cash Flow19813174130148117173114-27-100-367-228
CFO/OP133%134%84%69%95%82%-534%181%-858%98%68%58%

Financials of Dredging Corpn.

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days185188177147135122969684688171
Inventory Days
Days Payable
Cash Conversion Cycle185188177147135122969684688171
Working Capital Days17816120117815513122-90-98-88-19-56
ROCE %3%2%1%1%3%1%-8%0%-10%4%-0%4%
23out of 100

Momentum score · price trend

23 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months+13.5%70%
Last 6 months−11.0%37%
Last 3 months−23.3%13%

The price is 40.2% below its all-time high of ₹1,406.3 (5 Jul 2024). Stocks more than 20% below their peak have their score halved, so 45 became 23.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Dredging Corpn.: 0.4 × 70 + 0.4 × 37 + 0.2 × 13 = 45, halved to 23 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 2 Nov 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

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