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Dredging Corpn.

  • Market Cap: Small Cap
  • Industry: Shipping
  • ISIN: INE506A01018
  • NSEID: DREDGECORP
  • BSEID: 523618
INR
576.85
59 (11.39%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 76.91 k

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

529.65586.85

52 Week

494.751,455.00
Valuation
Technical
Day's Volume

CASH

76.91 k (94.19%) Volume

Shareholding (Mar 2025)

FII

0.45%

Held by 23 FIIs

DII

6.68%

Held by 5 DIIs

Promoter

73.47%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Weak Long Term Fundamental Strength with a -187.28% CAGR growth in Operating Profits over the last 5 years

  • Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of -1.46
  • The company has been able to generate a Return on Equity (avg) of 0.91% signifying low profitability per unit of shareholders funds
2

Flat results in Dec 24

3

Stock is technically in a Bearish range

4

Risky - Negative Operating Profits

5

Underperformed the market in the last 1 year

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Shipping

stock-summary
Market cap

INR 1,615 Cr (Small Cap)

stock-summary
P/E

NA (Loss Making)

stock-summary
Industry P/E

7

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.48

stock-summary
Return on Equity

-7.82%

stock-summary
Price to Book

1.22

Revenue and Profits (1 Year):
Net Sales:
324 Cr
(Quarterly Results - Dec 2024)
Net Profit:
16 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-50.55%
0%
-50.55%
1 Year
-22.05%
0%
-22.05%
2 Years
90.63%
0%
90.63%
3 Years
59.99%
0%
59.99%
4 Years
52.55%
0%
52.55%
5 Years
247.92%
0%
247.92%

Latest dividend: 3 per share ex-dividend date: Jul-31-2019

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
4.72%
EBIT Growth (5y)
-187.28%
EBIT to Interest (avg)
-1.46
Debt to EBITDA (avg)
0.58
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.50
Tax Ratio
2.58%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
7.13%
ROCE (avg)
-0.70%
ROE (avg)
0.91%
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
7
Price to Book Value
1.22
EV to EBIT
-29.58
EV to EBITDA
23.87
EV to Capital Employed
1.15
EV to Sales
2.11
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-2.63%
ROE (Latest)
-7.82%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bearish
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 2 Schemes (1.62%)

FIIs

Held by 23 FIIs (0.45%)

Promoter with highest holding

Visakhapatnam Port Trust (19.47%)

Highest Public shareholder

Life Insurance Corporation Of India (4.38%)

Individual Investors Holdings

17.12%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 58.65% vs 35.61% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 147.93% vs -6.72% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "324.44",
          "val2": "204.50",
          "chgp": "58.65%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "52.30",
          "val2": "-1.51",
          "chgp": "3,563.58%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "12.24",
          "val2": "17.14",
          "chgp": "-28.59%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "-1.60",
          "val2": "22.31",
          "chgp": "-107.17%",
          "chgp_class": "negative"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "16.06",
          "val2": "-33.51",
          "chgp": "147.93%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "16.12%",
          "val2": "-0.74%",
          "chgp": "16.86%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -11.66% vs -11.85% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -303.29% vs 147.52% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "355.29",
          "val2": "402.19",
          "chgp": "-11.66%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "10.73",
          "val2": "113.25",
          "chgp": "-90.53%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "24.18",
          "val2": "13.05",
          "chgp": "85.29%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "22.31",
          "val2": "-0.79",
          "chgp": "2,924.05%",
          "chgp_class": "positive"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-64.91",
          "val2": "31.93",
          "chgp": "-303.29%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "3.02%",
          "val2": "28.16%",
          "chgp": "-25.14%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 1.82% vs -19.33% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -182.57% vs 121.24% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "679.73",
          "val2": "667.61",
          "chgp": "1.82%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "63.03",
          "val2": "182.04",
          "chgp": "-65.38%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "36.42",
          "val2": "21.41",
          "chgp": "70.11%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "20.71",
          "val2": "-0.79",
          "chgp": "2,721.52%",
          "chgp_class": "positive"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-48.85",
          "val2": "59.16",
          "chgp": "-182.57%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "9.27%",
          "val2": "27.27%",
          "chgp": "-18.00%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -18.83% vs 45.77% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 184.08% vs 267.25% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "945.50",
          "val2": "1,164.80",
          "chgp": "-18.83%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "204.30",
          "val2": "175.02",
          "chgp": "16.73%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "28.48",
          "val2": "28.56",
          "chgp": "-0.28%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "-0.79",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "35.68",
          "val2": "12.56",
          "chgp": "184.08%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "21.61%",
          "val2": "15.03%",
          "chgp": "6.58%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
324.44
204.50
58.65%
Operating Profit (PBDIT) excl Other Income
52.30
-1.51
3,563.58%
Interest
12.24
17.14
-28.59%
Exceptional Items
-1.60
22.31
-107.17%
Standalone Net Profit
16.06
-33.51
147.93%
Operating Profit Margin (Excl OI)
16.12%
-0.74%
16.86%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 58.65% vs 35.61% in Sep 2024

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is 147.93% vs -6.72% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
355.29
402.19
-11.66%
Operating Profit (PBDIT) excl Other Income
10.73
113.25
-90.53%
Interest
24.18
13.05
85.29%
Exceptional Items
22.31
-0.79
2,924.05%
Standalone Net Profit
-64.91
31.93
-303.29%
Operating Profit Margin (Excl OI)
3.02%
28.16%
-25.14%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -11.66% vs -11.85% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is -303.29% vs 147.52% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
679.73
667.61
1.82%
Operating Profit (PBDIT) excl Other Income
63.03
182.04
-65.38%
Interest
36.42
21.41
70.11%
Exceptional Items
20.71
-0.79
2,721.52%
Standalone Net Profit
-48.85
59.16
-182.57%
Operating Profit Margin (Excl OI)
9.27%
27.27%
-18.00%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 1.82% vs -19.33% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is -182.57% vs 121.24% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
945.50
1,164.80
-18.83%
Operating Profit (PBDIT) excl Other Income
204.30
175.02
16.73%
Interest
28.48
28.56
-0.28%
Exceptional Items
-0.79
0.00
Standalone Net Profit
35.68
12.56
184.08%
Operating Profit Margin (Excl OI)
21.61%
15.03%
6.58%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -18.83% vs 45.77% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is 184.08% vs 267.25% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Dredging Corporation of India Ltd stock-summary
stock-summary
Dredging Corporation of India Ltd
Small Cap
Shipping
Dredging Corporation of India Limited, was established on March 29, 1976 with the primary objective of catering to the dredging requirements of Indian ports. The company is a pioneer organization in the field of dredging and maritime development. The Company is a Mini-Ratna Public Sector Enterprise, which offers four types of dredging services, namely maintenance dredging, capital dredging, beach nourishment and land reclamation.
Company Coordinates stock-summary
Company Details
Core 2 1 Fl Scope Minar 2A&2B, LaxmiNagar District Centre Delhi Delhi : 110092
stock-summary
Tel: 91-11-22448528
stock-summary
http://www.dredge-india.com
stock-summary
sreekanth@dci.co.in
Registrar Details
Karvy Computershare Pvt Ltd, Plot No 17-24 , Near Image Hospital,, Reliance Cybervilae,Vithalrao Nagar,, Madhapur, Hyderabad
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