Dredging Corporation of India Limited DREDGECORP NSEINFRA
Dredging Corporation of India Limited provides dredging services to various ports, the Indian navy, fishing harbors, and other maritime organizations in India. The company offers capital dredging, maintenance dredging, beach nourishment, land reclamation, inland/shallow water dredging, project management consultancy, and marine construction services. It operates through a fleet of 10 trailer suction hopper dredgers, two cutter suction dredger, one backhoe dredger, and one inland cutter suction dredger, as well as other ancillary crafts. The company has a strategic alliance with Colombo Dockyard PLC for offering ship repair and shipbuilding services. Dredging Corporation of India Limited was incorporated in 1976 and is headquartered in Visakhapatnam, India.
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Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Profit CAGR of 34.1% over 5 years.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Trading at a high P/E of 222.4.
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | DREDGECORP Dredging Corporation of India Limited NSEINFRA | 1,161.05 | 222.42 | ₹3,250.94 Cr | - | 4.64% | 0.39% | 1.42% | 34.14% |
| 2 | LT Larsen & Toubro Limited NIFTY50NSEAIINFRA | 4,076.50 | 34.84 | ₹5.61 L Cr | 0.93% | 14.55% | 16.95% | 16.09% | 15.38% |
| 3 | ADANIPORTS Adani Ports and Special Economic Zone Limited NIFTY50NSEINFRA | 1,804.60 | 30.96 | ₹4.16 L Cr | 0.42% | 11.02% | 15.59% | 22.93% | 34.11% |
| 4 | HAL Hindustan Aeronautics Limited NSEAIDEFENCEINFRAPSU | 4,303.80 | 31.55 | ₹2.88 L Cr | 1.16% | 13.80% | 23.98% | 7.87% | 16.08% |
| 5 | POWERINDIA Hitachi Energy India Limited NIFTY_MIDNSEINFRA | 38,445.00 | 172.41 | ₹1.71 L Cr | 0.02% | 24.92% | 21.04% | 22.24% | 119.12% |
| 6 | INDIGO InterGlobe Aviation Limited NSEINFRA | 4,405.00 | - | ₹1.70 L Cr | 0.24% | 15.53% | - | 44.12% | 72.60% |
| 7 | CUMMINSIND Cummins India Limited NSEINFRA | 5,881.00 | 68.97 | ₹1.63 L Cr | 1.12% | 34.95% | 29.45% | 16.07% | 24.35% |
| 8 | CGPOWER CG Power and Industrial Solutions Limited NSEINFRA | 917.45 | 118.99 | ₹1.44 L Cr | 0.14% | 19.35% | 19.56% | 21.67% | 7.81% |
| 9 | POLYCAB Polycab India Limited NIFTY_MIDNSEAIINFRA | 9,477.50 | 53.48 | ₹1.43 L Cr | 0.37% | 30.44% | 24.58% | 26.57% | 28.11% |
Quarterly Results
Figures in INR.
| Metric | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | - | 324.44 Cr | 276.08 Cr | 242.24 Cr | 211.79 Cr | 276.08 Cr | 478.23 Cr |
| Cost of Revenue | - | 89.00 Cr | 76.29 Cr | 40.84 Cr | 43.11 Cr | 76.29 Cr | 222.09 Cr |
| Gross Profit | - | 235.44 Cr | 199.79 Cr | 201.41 Cr | 168.68 Cr | 199.79 Cr | 256.14 Cr |
| Operating Expenses | - | 222.14 Cr | 215.05 Cr | 194.27 Cr | 180.27 Cr | 215.05 Cr | 146.65 Cr |
| Operating Income | - | 13.30 Cr | -15.26 Cr | 7.13 Cr | -11.59 Cr | -15.26 Cr | 109.49 Cr |
| EBITDA | - | 68.01 Cr | 34.37 Cr | 47.97 Cr | 26.29 Cr | 34.37 Cr | 144.84 Cr |
| Interest Expense | - | 12.24 Cr | 10.81 Cr | 31.39 Cr | 22.82 Cr | 10.81 Cr | 23.94 Cr |
| Pretax Income | - | 16.77 Cr | -24.59 Cr | -23.19 Cr | -33.07 Cr | -24.59 Cr | 87.44 Cr |
| Tax Provision | - | 70.96 L | 4.22 L | 13.82 L | 1.11 Cr | 4.22 L | 53.54 L |
| Net Income | - | 16.06 Cr | -24.63 Cr | -23.33 Cr | -34.18 Cr | -24.63 Cr | 86.91 Cr |
| Diluted EPS | - | 5.73 | -8.80 | -8.33 | -12.21 | -8.80 | 34.62 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | - | 1,158.30 Cr | 943.15 Cr | 1,127.32 Cr | 1,208.33 Cr |
| Cost of Revenue | - | 331.33 Cr | 216.63 Cr | 333.35 Cr | 382.32 Cr |
| Gross Profit | - | 826.97 Cr | 726.51 Cr | 793.97 Cr | 826.00 Cr |
| Operating Expenses | - | 990.05 Cr | 665.53 Cr | 805.86 Cr | 736.23 Cr |
| Operating Income | - | -163.08 Cr | 60.98 Cr | -11.88 Cr | 89.77 Cr |
| EBITDA | - | -25.22 Cr | 199.70 Cr | 163.60 Cr | 253.46 Cr |
| Interest Expense | - | 20.03 Cr | 23.86 Cr | 38.09 Cr | 88.96 Cr |
| Pretax Income | - | -194.92 Cr | 35.02 Cr | -26.09 Cr | 6.58 Cr |
| Tax Provision | - | 1.28 Cr | 1.84 Cr | 1.37 Cr | 1.82 Cr |
| Net Income | - | -196.20 Cr | 33.18 Cr | -27.46 Cr | 4.75 Cr |
| Diluted EPS | 1.90 | -70.07 | 11.38 | -12.07 | - |
Compounded Sales Growth
| 5 Years: | 1.42% |
| 1 Year: | 3.40% |
Compounded Profit Growth
| 5 Years: | 34.14% |
| 1 Year: | 543.80% |
Stock Price Performance
| 1 Year: | +46.81% |
| 6 Months: | +39.82% |
| 3 Months: | +24.42% |
| 1 Month: | +21.41% |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Total Assets | - | 2,326.39 Cr | 2,394.65 Cr | 2,647.24 Cr | 3,065.71 Cr |
| Current Assets | - | 674.87 Cr | 619.70 Cr | 720.49 Cr | 963.85 Cr |
| Cash & Equivalents | - | 30.97 Cr | 49.80 Cr | 47.66 Cr | 142.88 Cr |
| Inventory | - | 135.63 Cr | 116.68 Cr | 134.09 Cr | 176.27 Cr |
| Receivables | - | 266.92 Cr | 175.11 Cr | 252.30 Cr | 235.86 Cr |
| Total Liabilities | - | 1,097.15 Cr | 1,139.37 Cr | 1,425.75 Cr | 1,835.36 Cr |
| Current Liabilities | - | 957.16 Cr | 798.28 Cr | 733.10 Cr | 1,005.65 Cr |
| Long Term Debt | - | 112.73 Cr | 311.62 Cr | 669.40 Cr | 815.15 Cr |
| Total Debt | - | 381.01 Cr | 558.03 Cr | 922.93 Cr | 1,087.49 Cr |
| Total Equity | - | 1,229.24 Cr | 1,255.29 Cr | 1,221.49 Cr | 1,230.35 Cr |
| Shares Outstanding | - | 2.80 Cr | 2.80 Cr | 2.80 Cr | 2.80 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | 148.04 Cr | 190.70 Cr | 111.95 Cr | 142.40 Cr |
| Investing Cash Flow | - | -173.16 Cr | -290.05 Cr | -477.03 Cr | -368.12 Cr |
| Financing Cash Flow | - | -37.55 Cr | 118.16 Cr | 362.94 Cr | 320.92 Cr |
| Capital Expenditure | - | -175.41 Cr | -291.00 Cr | -479.13 Cr | -370.50 Cr |
| Free Cash Flow | - | -27.37 Cr | -100.30 Cr | -367.18 Cr | -228.10 Cr |
| Net Change in Cash | - | -62.68 Cr | 18.81 Cr | -2.14 Cr | 95.20 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Gross Margin % | - | 71.4% | 77.0% | 70.4% | 68.4% |
| Operating Margin % | - | -14.1% | 6.5% | -1.1% | 7.4% |
| Net Margin % | - | -16.9% | 3.5% | -2.4% | 0.4% |
| ROE % | - | -16.0% | 2.6% | -2.2% | 0.4% |
| ROCE % | - | -11.9% | 3.8% | -0.6% | 4.4% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
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