Dredging Corporation of India Limited

Web: dredge-india.com NSE: DREDGECORP BSE: 523618 SECTOR: Services - Engineering Services | Add Note | View Notes

826 35(-4%)

Volume

37k as on 18, Sep

Open

964

High

1,009

Low

958

861

VWAP

994

52 Week High

1,286

52 Week Low

599

Viand Research Rating

Quality Score

38/100

Growth Score

57/100

Valuation Score

50/100

Momentum Score

25/100

Analyst Recommendations

BUY/SELL

Hold | Buy | Strong Buy

Analyst Price Target

Market Cap (cr)

2,313

No. of Shares

2.8

P/E

-42.62

P/B

2.06

Face Value

Div. Yield

Book Value (TTM)

CASH

DEBT

EPS (TTM)

ROE

-4.84

ROCE

Profit Growth

Listing Date

15-Jan-04

Rank/Sector Rank

#1137/#42

Promoter Holding

73.47%

FII Holding

1.03%

DII Holding

6.68%

Price Chart

Price Performance

1 Week5%

1 Month15%

3 Months13%

6 Months5%

1 Year43%

YTD1%

Moving Average

5 Day SMA1,000

10 Day SMA1,026

20 Day SMA1,063

30 Day SMA1,078

50 Day SMA1,070

61 Day SMA1,071

80 Day SMA1,073

200 Day SMA745

PIVOT LEVEL

	Standard	Camarilla	Fibonacci	Woodie's
Resistance 3	1,033	996	1,021	1,027
Resistance 2	1,021	993	1,011	1,019
Resistance 1	1,005	991	1,004	1,000
Pivot Point	993	988	993	991
Support 1	977	985	983	972
Support 2	965	983	976	963
Support 3	949	980	965	944

Competitors/Peers

#	Symbol	MCAP	LTP	1W	1M	6M	1Y	P/E	Ind PE	Debt/Eq	NP Qtr Rs.Cr.
1	ADANIPORTS	4,02,916	1749	1%	2%	13%	19%	33	34.9	0.66	12782
2	INDIGO	1,79,471	4642	3%	1%	2%	21%	50	34.9	11.15	-2394
3	GMRAIRPORT	93,326	88	3%	3%	7%	3%	0	34.9	-15.85	472
4	GMRINFRA	87,133	95	1%	2%	1%	1%	0	34.9	-17.45	472
5	JSWINFRA	75,026	322	0%	4%	25%	16%	0	34.9	0.63	1547
6	CONCOR	32,533	427	1%	8%	11%	16%	0	34.9	0.07	1246
7	DELHIVERY	29,164	389	2%	3%	11%	14%	0	34.9	0.14	325
8	REDINGTON	28,292	362	1%	1%	68%	44%	0	34.9	0.28	1284
9	GESHIP	21,444	1502	2%	8%	9%	46%	0	34.9	0.06	2943
10	FSL	19,795	284	5%	1%	15%	12%	0	34.9	0.42	432
Load More

Shareholding Pattern (%)

	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022	Dec 2021	Sep 2021
Promoters	(0.01) 73.47%	(0.01) 73.47%	(0.01) 73.47%	(0.01) 73.47%	(0.01) 73.47%	(0.01) 73.47%	(0.01) 73.47%	(0.01) 73.47%	(0.01) 73.47%	(0.01) 73.47%	(0.01) 73.47%	(0.01) 73.47%	(0.01) 73.47%	(0.01) 73.47%	(0.01) 73.47%	(0.01) 73.47%	(0.01) 73.47%	(0.01) 73.47%	(0.01) 73.47%	(0.01) 73.47%
FIIs	(0.71) 1.03%	(-0.11) 0.37%	(0.41) 0.51%	(-0.11) 0.14%	(-0.21) 0.21%	(0.31) 0.45%	(0.01) 0.18%	(-0.21) 0.18%	(0.01) 0.34%	(0.21) 0.30%	(-0.11) 0.11%	(0.11) 0.25%	(-0.21) 0.15%	(0.01) 0.36%	(0.11) 0.36%	(-0.21) 0.23%	(0.21) 0.39%	(0.21) 0.22%	(0.01) 0.05%	(0.01) 0.05%
DIIs	(-1.61) 6.68%	(0.21) 8.31%	(1.51) 8.15%	(0.41) 6.63%	(-0.41) 6.25%	(0.01) 6.60%	(1.01) 6.60%	(0.51) 5.63%	(0.01) 5.09%	(-0.21) 5.14%	(-1.11) 5.30%	(-0.81) 6.36%	(0.01) 7.12%	(4.81) 7.12%	(0.01) 2.31%	(0.01) 2.31%	(0.01) 2.32%	(0.01) 2.31%	(0.01) 2.31%	(0.01) 2.32%
Government	0.04%	0.04%	0.08%	0.08%	0.08%	0.08%	0.08%	0.08%	0.08%	0.08%	0.07%	0.07%	0.07%	0.07%	0.04%	0.00%	0.00%	0.00%	0.00%	0.00%
Public	18.79%	17.81%	17.78%	19.69%	19.99%	19.40%	19.67%	20.65%	21.02%	21.01%	21.06%	19.86%	19.19%	18.98%	23.83%	24.00%	23.82%	24.00%	24.17%	24.16%
No. of Shareholders	49,078	48,530	47,651	47,603	48,128	46,265	46,379	48,625	45,346	45,571	49,264	50,174	47,469	47,832	51,267	54,699	55,757	56,661	51,364	52,498

Quarterly Results

	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022	Dec 2021	Sep 2021
Sales	355	478	276	212	242	462	324	204	151	278	265	198	204	337	371	239	218	289	240	151
Sales Growth % (YoY)	46.7%	3.4%	-14.9%	3.6%	60.6%	66.4%	22.2%	3.4%	-26.2%	-17.6%	-28.5%	-17.2%	-6%	16.7%	54.7%	58.1%	-	36%	-7.3%	20.4%
Sales Growth % (QoQ)	-25.7%	73.2%	30.2%	-12.4%	-47.6%	42.6%	58.8%	35.1%	-45.7%	4.9%	33.8%	-2.9%	-39.5%	-9.2%	55.2%	9.6%	-24.6%	20.4%	58.9%	-
Expenses	294	335	243	187	195	386	272	206	139	259	197	141	148	505	310	177	192	252	196	123
Operating Profit	62	143	33	25	47	77	52	-2	12	19	69	57	56	-167	61	62	25	37	44	28
OPM %	17	30	12	12	19	17	16	-0.7	8	7	26	29	28	-50	16	26	12	13	18	18
Other Income	1	2	1	1	1	-1	16	23	1	1	1	0	1	1	1	1	1	0	18	0
Interest	10	24	11	23	31	17	12	17	7	7	8	7	7	7	13	6	4	3	3	3
Depreciation	42	33	48	37	40	38	39	38	37	39	34	33	35	49	35	28	38	33	29	29
Profit before tax	12	87	-25	-33	-23	21	17	-33	-31	-26	28	17	16	-223	14	29	-15	1	30	-4
Tax %	2	1	0	3	1	-1	4	2	1	1	2	4	3	0	3	1	2	17	2	5
Net Profit	11	87	-25	-34	-23	21	16	-34	-31	-26	27	17	15	-223	14	29	-16	1	29	-4
Net Profit Growth % (QoQ)	-87.4%	448%	26.5%	-47.8%	-209.5%	31.2%	147.1%	-9.7%	-19.2%	-196.3%	58.8%	13.3%	106.7%	-1692.9%	-51.7%	281.2%	-1700%	-96.6%	825%	-
Net Profit Growth % (YoY)	147.8%	314.3%	-256.2%	-	25.8%	180.8%	-40.7%	-300%	-306.7%	88.3%	92.9%	-41.4%	193.8%	-22400%	-51.7%	825%	-	-	-	-
TTM Net Profit	39	5	-61	-20	-20	-28	-75	-64	-13	33	-164	-177	-165	-196	28	43	10	26	25	0
EPS in Rs	4.01	31.04	-8.8	-12.21	-8.33	7.64	5.74	-11.97	-11.21	-9.28	9.72	5.99	5.41	-79.62	4.94	10.22	-5.61	0.38	10.38	-1.42

Profit and Loss

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013
Sales	1208	1142	946	1165	801	764	750	692	592	585	666	735	770	635
Sales Growth %	5.8%	20.8%	-18.8%	45.4%	4.9%	1.9%	8.4%	16.9%	1.2%	-12.1%	-9.4%	-4.6%	21.3%	31%
Expenses	961	1002	744	1184	683	798	611	525	457	469	536	561	584	524
Operating Profit	248	140	202	-19	118	-34	139	167	135	116	130	174	186	111
OPM %	20	12	21	-1.6	15	-4.5	19	24	23	20	19	24	24	18
Other Income	6	24	3	3	19	3	6	7	20	14	26	10	2	3
Interest	89	38	28	29	12	20	14	18	20	18	18	26	12	3
Depreciation	158	152	141	150	120	119	117	113	113	100	93	92	138	90
Profit before tax	7	-26	35	-195	5	-170	13	43	22	12	45	65	39	22
Tax %	28	5	5	1	25	1	59	12	21	40	7	4	3	5
Net Profit	5	-27	33	-196	4	-172	6	38	17	7	42	62	38	21
Net Profit Growth %	118.5%	-181.8%	116.8%	-5000%	102.3%	-2966.7%	-84.2%	123.5%	142.9%	-83.3%	-32.3%	63.2%	81%	-
EPS in Rs	1.7	-9.81	11.85	-70.07	1.28	-61.52	1.97	13.58	6.12	2.65	14.97	22.29	13.41	7.32
Dividend Payout %	0	0	0	0	0	0	0	22	33	0	20	13	22	27

Cash Flows

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013
Cash from Operating Activity	142	112	191	148	205	176	117	148	138	87	158	212	268	-37
Cash from Investing Activity	-368	-477	-290	-173	-89	-1	6	3	1	-8	-17	-9	-733	-530
Cash from Financing Activity	321	363	118	-38	-159	-166	-142	-145	-127	-141	-127	-142	493	517
Net Cash Flow	95	-2	19	-63	-43	10	-19	7	12	-62	14	61	28	-50

Balance Sheet

	Mar 2026	Sep 2025	Mar 2025	Sep 2024	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013
Equity Capital	28	28	28	28	28	28	28	28	28	28	28	28	28	28	28	28
Reserves	1202	1130	1193	1162	1227	1201	1379	1367	1542	1547	1516	1493	1474	1446	1395	1368
Borrowings	1087	1059	923	618	558	281	273	427	552	652	809	818	1013	1040	1257	721
Other Liabilities	748	465	503	739	581	817	627	444	349	236	296	333	319	270	427	356
Total Liabilities	3066	2682	2647	2547	2395	2326	2307	2266	2471	2463	2649	2672	2834	2784	3108	2472
Fixed Assets	1207	1267	1343	1419	1430	1531	1580	1609	1654	1719	1817	1808	1928	1871	2188	1008
CWIP	894	728	584	34	344	5	29	12	8	8	43	26	38	1	0	23
Investments	0	0	0	0	0	0	0	0	0	4	4	4	4	30	30	30
Other Assets	964	687	721	1093	620	791	698	645	809	733	786	834	864	882	890	1412
Total Assets	3066	2682	2647	2547	2395	2326	2307	2266	2471	2463	2649	2672	2834	2784	3108	2472

Delivery

Delivery Data: DREDGECORP

#	Date	820 47% 1204	Value (Cr)	Q/T 15	Del 36	Del 20
1	21-Oct	828	6	14	50	3
2	19-Oct	861	5	15	54	3
3	16-Oct	896	3	8	43	1
4	15-Oct	901	5	16	37	2
5	14-Oct	916	5	13	34	2
6	13-Oct	908	3	10	36	1
7	12-Oct	900	4	12	37	1
8	9-Oct	885	5	13	42	2
9	8-Oct	905	16	14	34	5
10	7-Oct	931	32	23	15	5
11	6-Oct	909	6	12	50	3
12	5-Oct	904	10	19	44	4
13	1-Oct	895	8	15	47	4
14	30-Sep	920	6	17	37	2
15	29-Sep	933	8	16	38	3
16	28-Sep	941	11	14	46	5
17	25-Sep	985	9	22	43	4
18	24-Sep	996	4	13	56	3
19	23-Sep	1018	5	13	49	3
20	22-Sep	994	16	20	54	9
21	21-Sep	995	4	13	41	2
22	18-Sep	992	4	11	45	2
23	17-Sep	988	4	11	44	2
24	16-Sep	988	4	9	41	2
25	15-Sep	994	8	12	49	4
26	11-Sep	1040	6	10	45	3
27	10-Sep	1031	6	12	51	3
28	9-Sep	1040	8	13	44	3
29	8-Sep	1049	9	14	48	5
30	7-Sep	1054	16	20	43	7
31	4-Sep	1088	14	16	28	4
32	3-Sep	1075	7	15	44	3
33	2-Sep	1061	5	12	40	2
34	1-Sep	1077	9	13	36	3
35	31-Aug	1102	19	15	29	6
36	28-Aug	1120	15	21	45	7
37	27-Aug	1116	8	16	44	4
38	26-Aug	1131	24	17	33	8
39	25-Aug	1100	7	13	41	3
40	24-Aug	1102	7	16	49	4
41	21-Aug	1116	10	15	39	4
42	20-Aug	1118	29	16	48	14
43	19-Aug	1189	31	20	42	13
44	18-Aug	1161	11	15	36	4
45	17-Aug	1160	15	14	42	6
46	14-Aug	1166	166	22	23	38
47	13-Aug	1064	49	20	24	11

Daily Market Cap

Date	Total Market Cap	Change	Chg %
21-Oct	2,313c	84c	3.50
19-Oct	2,397c	98c	3.93
17-Oct	2,495c	0	0
16-Oct	2,495c	12c	0.47
15-Oct	2,507c	62c	2.40
14-Oct	2,568c	26c	1.02
13-Oct	2,542c	36c	1.43
12-Oct	2,507c	8c	0.32
09-Oct	2,499c	21c	0.85
08-Oct	2,520c	17c	0.67
05-Oct	2,537c	56c	2.15
01-Oct	2,593c	28c	1.06
29-Sep	2,621c	14c	0.52
28-Sep	2,634c	94c	3.46
25-Sep	2,729c	71c	2.52
24-Sep	2,799c	24c	0.87
22-Sep	2,775c	2c	0.06
17-Sep	2,777c	121c	4.18
10-Sep	2,898c	126c	4.18
07-Sep	3,024c	0	0

Stock Checklist

Price is above from 52 week high low average: 33%

Stock is trading above all short term SMAs: NO

Stock is trading above all long term SMAs: YES

Stock is Consistently Improving Long Term: NO

FII purchased in last quarter: YES

Promoters are buying the stock: NO

Mutual Fund Holdings

Held by 10 fund scheme(s) across 2 fund house(s) as of Oct26 · Total value ₹304 Cr · 2 increasing / 8 decreasing · View in MF Pro →

Fund House	Schemes	Weight %	Change	Value (Cr)
Invesco Mutual Fund	8	1.17%	-0.52%	294.9
WhiteOak Capital Mutual Fund	2	0.25%	-0.08%	9.3

Dredging Corporation of India Limited

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