Dredging Corpn. Share Price & Earnings Call Analysis

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%