Dredging Corporation of India Limited

NSE: DREDGECORP · Unclassified

₹858.95-1.76%06 Nov 2026

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Instant answers about Dredging Corporation of India Limited — computed from its filings, no language model

Market cap₹2,405 cr

Current price₹858.95

High / Low₹1,232 / ₹733

P/E61.1

P/B1.95

Book value₹439.4

ROE3.2%

ROCE4.7%

Debt / equity0.88

Dividend yield—

EPS (TTM)₹14.05

Face value₹10

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 9 periods

	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	592	692	750	764	799	1,165	946	1,142	1,208
EBITDA	135	171	139	-34	118	175	204	140	248
Operating margin	22.8%	24.7%	18.5%	-4.5%	14.7%	15.0%	21.6%	12.2%	20.5%
Interest	20	18	14	20	12	29	28	38	89
Depreciation	113	113	117	119	120	136	141	152	158
Profit before tax	22	48	13	-171	5	14	38	-26	7
Tax	5	3	8	2	1	1	2	1	2
Net profit	0	45	6	-172	3	13	36	-27	5
EPS ₹	5.94	15.92	1.97	-60.05	1.84	5.42	12.27	-12.07	5.28
Operating cash flow	—	—	—	—	294	140	191	112	142
Capex	—	—	—	—	111	0	0	0	0
Dividend paid	—	—	—	—	0	0	0	0	0
Total assets	—	—	—	—	—	2,408	2,403	2,647	3,066
Equity	—	—	—	—	—	1,423	1,264	1,221	1,230

Quarterly performance

last 34 quarters · ₹ crore

showing latest 8 of 34 periods

	MAR '18	JUN '18	SEP '18	DEC '18	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26
Revenue	153	140	148	165	238	196	123	203	228	167	125	259	212	119	151	240	289	218	239	371	337	204	198	265	278	151	204	324	462	242	212	276	478	355
Operating profit	39	33	-46	39	146	31	10	64	34	45	-12	9	-76	8	28	44	37	25	62	61	27	56	57	69	22	12	-2	52	77	47	25	33	143	62
Operating margin	25.5%	23.3%	-31.0%	23.4%	61.2%	15.8%	7.8%	31.6%	15.0%	26.6%	-9.8%	3.5%	-35.7%	7.1%	18.2%	18.5%	12.9%	11.6%	25.9%	16.5%	8.0%	27.4%	28.9%	25.9%	7.8%	8.1%	-0.7%	16.1%	16.6%	19.4%	11.8%	11.9%	29.9%	17.4%
Other income	15	1	1	4	-0	3	1	1	1	1	1	1	1	1	0	1	0	1	1	1	1	1	1	1	1	1	1	17	2	1	1	1	2	1
Interest	5	4	4	4	6	4	4	4	2	4	5	5	7	3	3	3	3	4	6	13	6	7	7	8	7	7	17	12	17	31	23	11	24	10
Depreciation	29	26	30	28	29	29	29	29	30	30	31	30	29	29	29	29	33	38	28	35	35	35	33	34	39	37	38	39	38	40	37	48	33	42
Profit before tax	20	3	-79	11	112	1	-22	32	3	12	-47	-25	-110	-22	-4	30	1	-15	29	14	-14	16	17	28	-23	-31	-33	17	21	-23	-33	-25	87	12
Tax	3	1	0	2	0	1	-0	0	7	0	1	0	1	0	0	1	0	0	0	0	0	1	1	0	0	0	1	1	-0	0	1	0	1	0
Net profit	0	0	0	0	111	0	-22	31	-4	11	-47	-26	-111	-23	-4	29	1	-16	29	14	-14	15	17	27	-23	-31	-34	16	21	-23	-34	-25	87	11
EPS ₹	5.93	1.02	-28.27	3.50	39.68	0.29	-7.96	11.20	-1.56	4.09	-16.95	-9.15	-38.04	-8.11	-1.42	10.38	1.00	-5.61	10.22	4.94	4.13	5.41	5.99	9.72	-8.85	-11.22	-11.97	5.73	5.38	-8.33	-12.21	-8.80	34.62	4.01
Revenue YoY	—	—	—	—	56.1%	40.5%	-17.1%	22.7%	-4.5%	-14.8%	1.9%	27.9%	-6.9%	-28.9%	20.4%	-7.3%	36.4%	82.8%	58.1%	54.7%	16.6%	-6.0%	-17.2%	-28.5%	-17.6%	-26.2%	3.4%	22.2%	66.4%	60.6%	3.6%	-14.9%	3.4%	46.7%
Profit YoY	—	—	—	—	—	—	—	—	-103.9%	—	—	-181.7%	—	-298.3%	—	—	—	—	—	-52.4%	-1437.7%	—	-41.4%	96.7%	—	-307.3%	-299.8%	-41.0%	—	—	—	-253.4%	306.1%	—

Earlier results (standalone, Sep '07 – Dec '17)

₹ crore · from BSE, before the NSE XBRL filings begin

Dredging Corporation of India Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

	FY12†	FY13†	FY14†	FY15†	FY17†
Revenue	476	635	770	735	586
Operating profit	77	110	186	173	117
Operating margin	16.1%	17.3%	24.1%	23.6%	20.0%
Other income	29	3	2	9	14
Interest	—	—	11	26	19
Depreciation	88	90	138	92	100
Profit before tax	18	22	39	65	12
Tax	4	1	1	3	5
Net profit	13	21	38	62	7

Quarters

showing latest 8 of 38 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	JUN '09†	SEP '09†	DEC '09†	JUN '10†	SEP '10†	DEC '10†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†
Revenue	172	148	191	196	230	224	161	162	181	111	129	126	108	119	78	171	129	146	173	188	177	183	209	202	189	169	185	191	160	161	177	143	161	152	130	158	161	120
Operating profit	38	19	14	25	16	33	7	16	43	21	16	22	13	27	-16	52	15	34	22	39	38	51	54	43	42	30	35	67	45	35	54	29	11	40	36	37	51	7
Operating margin	22.1%	12.7%	7.4%	12.6%	6.8%	14.7%	4.5%	10.0%	23.8%	18.6%	12.8%	17.1%	11.8%	23.0%	-20.0%	30.6%	11.6%	23.2%	13.0%	20.7%	21.2%	27.9%	25.8%	21.5%	22.0%	17.8%	18.8%	34.8%	28.1%	21.6%	30.4%	20.5%	6.9%	26.5%	28.0%	23.6%	31.9%	6.0%
Other income	11	9	35	20	8	8	13	3	8	13	4	6	13	6	9	1	1	1	1	0	0	0	1	0	1	1	2	4	3	3	2	3	2	2	6	0	2	3
Interest	0	0	0	0	0	0	0	0	—	—	—	—	—	—	—	—	—	—	0	1	1	2	3	4	7	7	7	5	5	5	5	5	4	5	5	5	5	5
Depreciation	9	9	14	13	13	13	14	14	14	17	17	17	21	22	22	23	22	22	19	27	26	39	37	36	24	22	23	24	25	24	24	22	23	22	32	28	29	27
Profit before tax	40	18	35	32	11	27	6	5	37	17	4	11	5	12	-28	29	-6	13	4	11	10	10	15	3	12	4	8	43	18	9	39	5	-14	15	6	4	19	-22
Tax	4	3	-15	7	3	3	3	1	1	1	1	1	2	2	0	0	0	0	1	-0	0	0	0	1	0	0	0	2	1	1	1	1	1	1	2	0	0	1
Net profit	36	15	50	24	8	25	3	4	36	16	3	10	3	10	-29	29	-7	13	4	11	10	10	15	3	11	3	7	41	17	8	38	4	-14	14	4	4	19	-23
EPS ₹	12.81	5.32	17.91	8.73	2.91	8.86	1.13	1.36	12.89	5.63	1.03	3.44	1.08	3.50	—	10.34	-2.39	4.51	1.28	3.92	3.59	3.53	5.36	0.92	3.98	1.16	2.60	14.56	6.18	2.85	13.46	1.43	-5.13	5.01	1.24	1.43	6.64	-8.04
Revenue YoY	—	—	—	—	33.5%	50.9%	-18.0%	-29.3%	-19.0%	-31.2%	-20.7%	-30.3%	-2.2%	-7.2%	-38.5%	—	19.5%	21.9%	122.1%	9.9%	36.7%	25.8%	21.0%	7.6%	7.1%	-7.7%	-11.3%	-5.1%	-5.4%	-12.9%	-7.7%	—	0.9%	-5.9%	-26.4%	10.8%	-0.0%	-21.0%
Profit YoY	—	—	—	—	-77.3%	66.6%	-87.1%	-53.4%	45.6%	398.7%	-23.9%	-73.3%	-80.8%	239.1%	-397.0%	—	-321.2%	28.8%	—	-62.1%	—	-21.6%	318.4%	-76.6%	10.7%	-67.3%	-51.7%	1485.6%	435.9%	9.8%	-7.5%	—	-183.0%	76.2%	-90.1%	-0.7%	—	-260.4%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 31 periods

	DEC '18	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26
ROE	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	3.0%	2.0%	0.9%	3.1%	2.2%	3.1%	2.8%	-0.9%	-5.1%	-6.1%	-2.2%	-1.6%	-1.7%	-5.2%	0.4%	3.2%
ROCE	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	4.2%	3.8%	2.5%	4.5%	3.6%	4.0%	3.9%	1.1%	-1.1%	-1.5%	1.3%	2.8%	2.9%	1.0%	4.1%	4.7%
Net margin	0.0%	16.1%	14.8%	12.3%	15.8%	0.6%	2.2%	-1.2%	-8.5%	-22.6%	-28.9%	-22.0%	-15.0%	0.4%	1.2%	4.4%	2.5%	1.1%	3.8%	2.8%	4.5%	3.8%	-1.2%	-6.8%	-7.6%	-2.4%	-1.6%	-1.6%	-5.1%	0.4%	3.0%
EBITDA margin	10.6%	24.7%	22.7%	31.2%	33.0%	18.5%	21.1%	18.0%	9.7%	-4.5%	-9.8%	-4.1%	0.7%	14.7%	15.0%	17.1%	16.6%	15.0%	17.9%	18.1%	20.8%	21.6%	17.9%	11.3%	8.9%	12.2%	14.1%	16.2%	15.2%	20.5%	19.9%
Debt / equity	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0.01	0.01	0.18	0.18	0.27	0.27	0.34	0.34	0.52	0.52	0.76	0.76	0.91	0.91	0.88	0.88
Interest coverage	-1.58	3.71	3.68	6.97	7.89	1.96	2.70	0.94	-2.89	-7.57	-9.97	-8.49	-5.96	1.39	1.90	3.78	2.12	1.48	2.43	2.04	2.71	2.34	0.68	-0.52	-0.64	0.51	0.77	0.78	0.27	1.07	1.61
Asset turnover	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0.45	0.51	0.48	0.48	0.47	0.42	0.39	0.37	0.35	0.38	0.43	0.47	0.46	0.44	0.39	0.43

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 8 periods

	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26
Share capital	28	28	28	28	28	28	28	28
Other equity / reserves	1,385	1,395	1,424	1,236	1,162	1,193	1,130	1,202
Total equity	1,413	1,423	1,452	1,264	1,190	1,221	1,158	1,230
Borrowings	14	262	397	426	618	923	1,059	1,087
Current liabilities	747	769	672	798	368	710	730	1,006
Non-current liabilities	42	217	258	341	988	716	794	830
Total assets	2,202	2,408	2,381	2,403	2,547	2,647	2,682	3,066
Property, plant & equipment	1,553	1,526	1,431	1,438	1,419	1,343	1,267	1,207
Capital work-in-progress	0	5	55	31	34	584	728	894
Investments	0	0	0	0	0	0	0	0
Inventories	169	136	129	117	110	134	160	176
Receivables	199	340	244	175	159	252	147	236
Cash & equivalents	42	31	41	50	43	48	124	143

Cash flow

annual · ₹ crore · line = free cash flow

	FY22	FY23	FY24	FY25	FY26
Cash from operations	294	140	191	112	142
Cash from investing	-89	-336	-290	-477	-368
Cash from financing	-159	-38	118	363	321
Capex	111	0	0	0	0
Free cash flow	182	140	191	112	142
Dividends paid	0	0	0	0	0

Where the assets sit

Mar '26 · ₹ crore

Fixed assets (PPE)

₹1,207 cr39%

CWIP

₹894 cr29%

Inventories

₹176 cr6%

Receivables

₹236 cr8%

Cash & equivalents

₹143 cr5%

Other assets

₹409 cr13%

Peer comparison

largest in Unclassified · this company in bold

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Avantel Limited	36,86,04,549	138.69	—	1059360.68	0.0%
Ducol Organics And Colours Limited	19,55,275	120.00	—	20089.13	0.0%
Jio Platforms Limited	12,57,181	1,406.40	—	3.57	—
SBI Funds Management Limited	1,01,750	499.55	—	—	—
Tamilnadu Telecommunication Limited	91,314	9.93	—	—	—
Manipal Health Enterprises Limited	76,294	646.70	—	—	—
INDO-MIM Limited	59,042	1,219.50	—	—	—
AvenuesAI Limited	45,138	129.25	153.6	9.51	6.2%
Dhoot Transmission Limited	32,761	1,601.60	—	8.11	—
3M India Limited	31,071	27,570.00	53.8	17.57	32.7%
Dredging Corporation of India Limited	2,405	858.95	61.1	1.95	3.2%

StoxGud checklist: Neutral setup · 4/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-7.7%

6 months-10.9%

1 year+13.1%

3Y CAGR+19.6%

5Y CAGR+19.7%

10Y CAGR+8.0%

50-day avg₹949.27

200-day avg₹1,001.32

RSI (14)43

FAQs

What is the share price of Dredging Corporation of India Limited?

Dredging Corporation of India Limited (DREDGECORP) closed at ₹858.95 on NSE on 06 Nov 2026.

What is the market cap of Dredging Corporation of India Limited?

₹2,405 crore at the latest close.

What is the P/E ratio of Dredging Corporation of India Limited?

61.1, on trailing-twelve-month earnings from its filings.

How fast is Dredging Corporation of India Limited growing?

Dredging Corporation of India Limited: revenue has compounded at 1.2% a year over three years; net profit at -27.7% a year. Latest-quarter revenue is up 46.7% year on year.

How profitable is Dredging Corporation of India Limited?

On a trailing-twelve-month basis return on equity is 3.2%, return on capital employed 4.7%, operating margin 19.9%, net margin 3.0%.

How much debt does Dredging Corporation of India Limited have?

Dredging Corporation of India Limited is moderately geared: debt to equity is 0.88 with borrowings of ₹1,087 cr against cash of ₹143 cr (balance sheet of 2026-03-31). Operating profit covers interest 1.6 times.

Financials parsed from Dredging Corporation of India Limited's own XBRL filings to NSE (standalone), ₹ crore unless marked. Quarterly from MAR '18, annual from FY18, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.