Dredging Corporation of India Limited

Web: dredge-india.com NSE: DREDGECORP BSE: 523618 SECTOR: Services - Engineering Services

984 13(-1%)

Volume

3L as on 28, Jan

Open

964

High

1,009

Low

958

997

VWAP

991

52 Week High

1,286

52 Week Low

538

Viand Research Rating

Quality Score

51/100

Growth Score

25/100

Valuation Score

50/100

Momentum Score

70/100

Analyst Recommendations

BUY/SELL

Hold | Buy | Strong Buy

Analyst Price Target

Market Cap (cr)

2,754

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

Promoter Holding

73.47%

FII Holding

0.37%

DII Holding

8.31%

Price Chart

Price Performance

1 Week3%

1 Month0%

3 Months55%

6 Months48%

1 Year36%

YTD1%

Moving Average

5 Day SMA979

10 Day SMA1,034

20 Day SMA1,006

30 Day SMA998

50 Day SMA954

61 Day SMA931

80 Day SMA859

200 Day SMA745

PIVOT LEVEL

	Standard	Camarilla	Fibonacci	Woodie's
Resistance 3	1,050	969	1,019	1,061
Resistance 2	1,019	964	994	1,024
Resistance 1	985	958	979	996
Pivot Point	954	952	954	960
Support 1	921	946	930	932
Support 2	890	940	915	896
Support 3	857	934	890	868

Competitors/Peers

#	Symbol	MCAP	LTP	1W	1M	6M	1Y	P/E	Ind PE	Debt/Eq	NP Qtr Rs.Cr.
1	ADANIPORTS	4,08,031	1771	1%	0%	29%	28%	33	41.4	0.66	12782
2	INDIGO	1,92,425	4976	1%	2%	4%	13%	50	41.4	11.15	-2394
3	GMRAIRPORT	1,13,118	107	2%	2%	15%	20%	0	41.4	-17.45	472
4	GMRINFRA	87,133	95	2%	9%	22%	9%	0	41.4	-17.45	472
5	JSWINFRA	75,760	325	2%	7%	24%	3%	0	41.4	0.63	1547
6	CONCOR	36,421	478	2%	2%	3%	21%	0	41.4	0.07	1246
7	DELHIVERY	34,835	465	6%	3%	20%	5%	0	41.4	0.15	153
8	GESHIP	20,530	1438	3%	3%	29%	45%	0	41.4	0.06	2943
9	REDINGTON	20,479	262	6%	5%	2%	15%	0	41.4	0.28	1284
10	CMPDI	18,193	255	2%	8%	64%	64%	0	41.4	0	613
Load More

Shareholding Pattern (%)

	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%
FIIs	(-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	(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%	0.08%	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	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	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

	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	478	276	212	242	462	324	204	151	278	265	198	204	337	371	239	218	289	240	151
Sales Growth % (YoY)	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)	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	335	243	187	195	386	272	206	139	259	197	141	148	505	310	177	192	252	196	123
Operating Profit	143	33	25	47	77	52	-2	12	19	69	57	56	-167	61	62	25	37	44	28
OPM %	30	12	12	19	17	16	-1	8	7	26	29	28	-50	16	26	12	13	18	18
Other Income	2	1	1	1	-1	16	23	1	1	1	0	1	1	1	1	1	0	18	0
Interest	24	11	23	31	17	12	17	7	7	8	7	7	7	13	6	4	3	3	3
Depreciation	33	48	37	40	38	39	38	37	39	34	33	35	49	35	28	38	33	29	29
Profit before tax	87	-25	-33	-23	21	17	-33	-31	-26	28	17	16	-223	14	29	-15	1	30	-4
Tax %	1	0	3	1	-1	4	2	1	1	2	4	3	0	3	1	2	17	2	5
Net Profit	87	-25	-34	-23	21	16	-34	-31	-26	27	17	15	-223	14	29	-16	1	29	-4
Net Profit Growth % (QoQ)	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)	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	5	-61	-20	-20	-28	-75	-64	-13	33	-164	-177	-165	-196	28	43	10	26	25	0
EPS in Rs	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	-2	15	-4	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

#	Date	834 54% 1286	Value (Cr)	Q/T 20	Del 28	Del 28
1	22-Jul	997	5	13	47	2
2	21-Jul	1018	6	17	34	2
3	20-Jul	1020	7	13	29	2
4	17-Jul	1003	7	13	46	3
5	16-Jul	1026	6	16	37	2
6	15-Jul	1031	12	16	32	4
7	14-Jul	1025	7	18	51	4
8	13-Jul	1043	10	16	41	4
9	10-Jul	1049	10	17	45	5
10	9-Jul	1056	9	17	41	4
11	8-Jul	1027	11	15	32	4
12	7-Jul	1051	10	19	38	4
13	6-Jul	1075	8	16	42	3
14	3-Jul	1078	12	17	45	6
15	2-Jul	1105	17	19	33	6
16	1-Jul	1089	31	19	34	11
17	30-Jun	1097	32	22	30	10
18	29-Jun	1067	27	17	35	10
19	25-Jun	1067	69	23	41	28
20	24-Jun	1158	26	18	44	11
21	23-Jun	1219	56	24	36	20
22	22-Jun	1210	85	24	36	31
23	19-Jun	1136	19	16	28	5
24	18-Jun	1137	25	18	28	7
25	17-Jun	1121	75	21	26	20
26	16-Jun	1088	11	17	26	3
27	15-Jun	1100	24	21	26	6
28	12-Jun	1084	64	28	37	24
29	11-Jun	1040	28	22	29	8
30	10-Jun	1083	33	20	36	12
31	9-Jun	1140	42	25	32	14
32	8-Jun	1111	32	21	40	13
33	5-Jun	1178	31	19	32	10
34	4-Jun	1204	104	23	27	28
35	3-Jun	1232	81	22	25	20
36	2-Jun	1223	128	23	22	28
37	1-Jun	1132	28	18	28	8
38	29-May	1161	59	22	29	17
39	27-May	1192	144	25	24	34
40	26-May	1115	106	23	24	25
41	25-May	1073	63	19	22	14
42	22-May	1065	49	27	29	14
43	21-May	1105	175	25	16	29
44	20-May	1088	992	28	5	54
45	19-May	1005	217	25	15	32
46	18-May	866	7	12	33	2
47	15-May	869	5	15	46	2
48	14-May	888	8	15	27	2

Daily Market Cap

Date	Total Market Cap	Change	Chg %
23-Jul	2,754c	19c	0.69
22-Jul	2,773c	56c	1.98
21-Jul	2,829c	27c	0.95
17-Jul	2,803c	63c	2.21
16-Jul	2,866c	17c	0.60
15-Jul	2,883c	9c	0.31
14-Jul	2,875c	55c	1.87
13-Jul	2,929c	24c	0.81
10-Jul	2,953c	84L	0.03
09-Jul	2,952c	74c	2.57
08-Jul	2,878c	64c	2.18
07-Jul	2,943c	64c	2.11
06-Jul	3,006c	40c	1.32
02-Jul	3,046c	34c	1.09
30-Jun	3,080c	55c	1.81
29-Jun	3,025c	57c	1.93
26-Jun	2,968c	31c	1.03
25-Jun	2,999c	248c	7.63
24-Jun	3,246c	178c	5.20
23-Jun	3,424c	22c	0.66
22-Jun	3,402c	224c	7.05
19-Jun	3,178c	39c	1.25
17-Jun	3,139c	95c	3.13
16-Jun	3,044c	36c	1.18
15-Jun	3,080c	6c	0.18
12-Jun	3,074c	22c	0.73
11-Jun	3,052c	12c	0.39
10-Jun	3,064c	0	0

Stock Checklist

Price is above from 52 week high low average: 19%

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: NO

Promoters are buying the stock: NO

Mutual Fund Holdings

Held by 8 fund scheme(s) across 2 fund house(s) as of Jul26 · Total value ₹243 Cr · 2 increasing / 0 decreasing · View in MF Pro →

Fund House	Schemes	Weight %	Change	Value (Cr)
Invesco Mutual Fund	6	1.48%	-	231.1
WhiteOak Capital Mutual Fund	2	0.37%	+0.06%	11.7

Dredging Corporation of India Limited

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