Market Cap ₹1708 Cr.
Stock P/E 47.9
P/B 1.4
Current Price ₹610
Book Value ₹ 430.9
Face Value 10
52W High ₹1455
Dividend Yield 0%
52W Low ₹ 494.8
Dredging Corporation of India Ltd (DCI) is engaged in providing dredging offerings to the major ports in India. The Company is engaged in imparting the offerings of capital dredging, protection dredging, beach nourishment, land reclamation, shallow water dredging, project control consultancy, marine construction. The Company has approximately has two Cutter Suction Dredgers (CSDs), one Backhoe Dredger, one Inland Cutter Suction Dredger and 10 Trailer Suction Hopper Dredgers (TSHDs), apart from other ancillary crafts. DCI owns a contemporary and sophisticated fleet consisting of two cutter suction dredgers, ten trailer suction dredgers, one backhoe dredger one inland and different ancillary crafts. DCI also offers various dredging and allied services to the users in India and Abroad and gives inputs for countrywide improvement.
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Price falls below X
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PE falls below X
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#(Fig in Cr.) | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 |
---|---|---|---|---|---|---|---|---|---|---|
Net Sales | 239 | 371 | 337 | 204 | 198 | 265 | 278 | 151 | 204 | 324 |
Other Income | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 17 |
Total Income | 240 | 372 | 338 | 205 | 199 | 266 | 279 | 152 | 206 | 342 |
Total Expenditure | 177 | 310 | 505 | 148 | 140 | 197 | 256 | 139 | 206 | 272 |
Operating Profit | 63 | 62 | -167 | 57 | 58 | 70 | 23 | 13 | -0 | 70 |
Interest | 6 | 13 | 7 | 7 | 7 | 8 | 7 | 7 | 17 | 12 |
Depreciation | 28 | 35 | 49 | 35 | 33 | 34 | 39 | 37 | 38 | 39 |
Exceptional Income / Expenses | 0 | 0 | 0 | 0 | -1 | 0 | 0 | 0 | 22 | -2 |
Profit Before Tax | 29 | 14 | -223 | 16 | 17 | 28 | -23 | -31 | -33 | 17 |
Provision for Tax | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 1 | 1 |
Profit After Tax | 29 | 14 | -223 | 15 | 17 | 27 | -23 | -31 | -34 | 16 |
Adjustments | 0 | 0 | -0 | -0 | 0 | 0 | 0 | -0 | 0 | 0 |
Profit After Adjustments | 29 | 14 | -223 | 15 | 17 | 27 | -23 | -31 | -34 | 16 |
Adjusted Earnings Per Share | 10.2 | 4.9 | -79.6 | 5.4 | 6 | 9.7 | -8.4 | -11.2 | -12 | 5.7 |
#(Fig in Cr.) | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Sales | 770 | 735 | 666 | 585 | 592 | 692 | 750 | 764 | 801 | 1165 | 946 | 957 |
Other Income | 2 | 9 | 15 | 14 | 20 | 8 | 9 | 3 | 2 | 3 | 3 | 20 |
Total Income | 773 | 744 | 681 | 599 | 612 | 699 | 759 | 767 | 803 | 1168 | 949 | 979 |
Total Expenditure | 584 | 561 | 536 | 469 | 457 | 525 | 611 | 798 | 683 | 1184 | 741 | 873 |
Operating Profit | 189 | 183 | 145 | 130 | 155 | 175 | 148 | -31 | 120 | -16 | 208 | 106 |
Interest | 12 | 26 | 18 | 18 | 20 | 18 | 17 | 20 | 12 | 29 | 28 | 43 |
Depreciation | 138 | 92 | 93 | 100 | 113 | 113 | 117 | 119 | 120 | 150 | 141 | 153 |
Exceptional Income / Expenses | 0 | 1 | 11 | 0 | 0 | 0 | 0 | 0 | 17 | 0 | -1 | 20 |
Profit Before Tax | 39 | 65 | 45 | 12 | 22 | 43 | 13 | -170 | 5 | -195 | 38 | -70 |
Provision for Tax | 1 | 3 | 3 | 5 | 5 | 5 | 8 | 2 | 1 | 1 | 2 | 2 |
Profit After Tax | 38 | 62 | 42 | 7 | 17 | 38 | 6 | -172 | 4 | -196 | 36 | -72 |
Adjustments | 0 | 0 | 0 | -0 | -1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit After Adjustments | 38 | 62 | 42 | 7 | 17 | 38 | 6 | -172 | 4 | -196 | 36 | -72 |
Adjusted Earnings Per Share | 13.4 | 22.3 | 15 | 2.6 | 6.1 | 13.6 | 2 | -61.5 | 1.3 | -70.1 | 12.7 | -25.9 |
# | 1 Year | 3 Year | 5 Year | 10 Year |
---|---|---|---|---|
Sales CAGR | -19% | 7% | 6% | 2% |
Operating Profit CAGR | 0% | 0% | 4% | 1% |
PAT CAGR | 0% | 0% | -1% | -1% |
# | 1 Year | 3 Year | 5 Year | 10 Year |
---|---|---|---|---|
Share Price CAGR | -25% | 20% | 26% | 5% |
ROE Average | 3% | -4% | -5% | -1% |
ROCE Average | 4% | -2% | -2% | 0% |
#(Fig in Cr.) | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
---|---|---|---|---|---|---|---|---|---|---|---|
Shareholder's Funds | 1423 | 1474 | 1502 | 1521 | 1544 | 1575 | 1570 | 1395 | 1407 | 1229 | 1264 |
Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Borrowings | 1256 | 923 | 885 | 700 | 672 | 520 | 412 | 294 | 69 | 113 | 312 |
Other Non-Current Liabilities | 6 | 7 | 10 | 8 | 14 | 15 | 18 | 26 | 29 | 27 | 29 |
Total Current Liabilities | 451 | 409 | 431 | 481 | 415 | 350 | 469 | 549 | 803 | 958 | 800 |
Total Liabilities | 3136 | 2813 | 2829 | 2710 | 2646 | 2460 | 2468 | 2264 | 2309 | 2328 | 2405 |
Fixed Assets | 2188 | 1871 | 1928 | 1808 | 1817 | 1719 | 1654 | 1609 | 1580 | 1531 | 1438 |
Other Non-Current Assets | 65 | 67 | 49 | 35 | 47 | 12 | 9 | 13 | 30 | 121 | 345 |
Total Current Assets | 883 | 875 | 852 | 868 | 782 | 729 | 805 | 640 | 698 | 676 | 621 |
Total Assets | 3136 | 2813 | 2829 | 2710 | 2646 | 2460 | 2468 | 2264 | 2309 | 2328 | 2405 |
#(Fig in Cr.) | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
---|---|---|---|---|---|---|---|---|---|---|---|
Opening Cash & Cash Equivalents | 28 | 57 | 118 | 132 | 70 | 82 | 89 | 70 | 39 | -3 | -69 |
Cash Flow from Operating Activities | 268 | 212 | 158 | 87 | 138 | 148 | 117 | 176 | 205 | 148 | 191 |
Cash Flow from Investing Activities | -733 | -9 | -17 | -8 | 1 | 3 | 6 | -1 | -89 | -173 | -290 |
Cash Flow from Financing Activities | 493 | -142 | -127 | -141 | -127 | -145 | -142 | -166 | -159 | -41 | 87 |
Net Cash Inflow / Outflow | 28 | 61 | 14 | -62 | 12 | 7 | -19 | 10 | -43 | -66 | -12 |
Closing Cash & Cash Equivalent | 57 | 118 | 132 | 70 | 82 | 89 | 70 | 39 | -3 | -69 | -81 |
# | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
---|---|---|---|---|---|---|---|---|---|---|---|
Earnings Per Share (Rs) | 13.41 | 22.29 | 14.97 | 2.65 | 6.12 | 13.58 | 1.97 | -61.52 | 1.27 | -70.07 | 12.74 |
CEPS(Rs) | 62.81 | 55.19 | 48.3 | 38.22 | 46.54 | 53.91 | 43.8 | -18.91 | 44.2 | -16.62 | 63.04 |
DPS(Rs) | 3 | 3 | 3 | 0 | 2 | 3 | 0 | 0 | 0 | 0 | 0 |
Book NAV/Share(Rs) | 508.36 | 526.54 | 536.37 | 543.08 | 551.47 | 562.45 | 560.8 | 498.28 | 502.63 | 439.01 | 451.29 |
Core EBITDA Margin(%) | 24.17 | 23.66 | 19.47 | 19.87 | 22.8 | 24.15 | 18.52 | -4.5 | 14.72 | -1.64 | 21.61 |
EBIT Margin(%) | 6.54 | 12.48 | 9.43 | 5.21 | 7.1 | 8.94 | 4.08 | -19.71 | 2.11 | -14.21 | 6.98 |
Pre Tax Margin(%) | 5.04 | 8.89 | 6.78 | 2.1 | 3.68 | 6.27 | 1.79 | -22.31 | 0.6 | -16.73 | 3.97 |
PAT Margin (%) | 4.87 | 8.49 | 6.29 | 1.27 | 2.9 | 5.5 | 0.74 | -22.55 | 0.45 | -16.84 | 3.77 |
Cash Profit Margin (%) | 22.83 | 21.03 | 20.31 | 18.29 | 22.02 | 21.82 | 16.36 | -6.93 | 15.45 | -3.99 | 18.67 |
ROA(%) | 1.33 | 2.1 | 1.49 | 0.27 | 0.64 | 1.49 | 0.22 | -7.28 | 0.16 | -8.46 | 1.51 |
ROE(%) | 2.66 | 4.31 | 2.82 | 0.49 | 1.12 | 2.44 | 0.35 | -11.62 | 0.25 | -14.88 | 2.86 |
ROCE(%) | 2.04 | 3.44 | 2.5 | 1.26 | 1.79 | 2.7 | 1.41 | -7.63 | 0.96 | -10.38 | 4.13 |
Receivable days | 198.45 | 183.39 | 196.03 | 195.36 | 161.05 | 130.1 | 123.29 | 108.28 | 93.74 | 74.67 | 85.32 |
Inventory Days | 54.44 | 55.12 | 66.09 | 102.14 | 119.3 | 100.16 | 96.19 | 90.44 | 75.21 | 46.27 | 48.7 |
Payable days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
PER(x) | 17.79 | 16.76 | 25.36 | 259.93 | 95 | 31.44 | 74.1 | 0 | 247.51 | 0 | 52.81 |
Price/Book(x) | 0.47 | 0.71 | 0.71 | 1.27 | 1.05 | 0.76 | 0.26 | 0.74 | 0.63 | 0.64 | 1.49 |
Dividend Yield(%) | 1.26 | 0.8 | 0.79 | 0 | 0.34 | 0.7 | 0 | 0 | 0 | 0 | 0 |
EV/Net Sales(x) | 2.61 | 2.68 | 2.92 | 4.57 | 3.98 | 2.54 | 1.19 | 1.85 | 1.33 | 0.89 | 2.39 |
EV/Core EBITDA(x) | 10.65 | 10.77 | 13.41 | 20.54 | 15.18 | 10.07 | 6.03 | -45.33 | 8.82 | -65.34 | 10.89 |
Net Sales Growth(%) | 21.34 | -4.6 | -9.4 | -12.12 | 1.15 | 16.87 | 8.38 | 1.88 | 4.88 | 45.44 | -18.84 |
EBIT Growth(%) | 106.95 | 81.98 | -31.59 | -51.41 | 37.72 | 47.21 | -50.52 | -591.96 | 111.21 | -1081.54 | 139.86 |
PAT Growth(%) | 83.07 | 66.22 | -32.84 | -82.33 | 131.46 | 121.83 | -85.5 | -3224.42 | 102.07 | -5596.39 | 118.19 |
EPS Growth(%) | 83.07 | 66.22 | -32.84 | -82.33 | 131.46 | 121.83 | -85.5 | -3224.42 | 102.07 | -5596.21 | 118.19 |
Debt/Equity(x) | 0.98 | 0.71 | 0.67 | 0.54 | 0.52 | 0.41 | 0.35 | 0.31 | 0.19 | 0.23 | 0.34 |
Current Ratio(x) | 1.96 | 2.14 | 1.97 | 1.8 | 1.88 | 2.08 | 1.72 | 1.17 | 0.87 | 0.71 | 0.78 |
Quick Ratio(x) | 1.71 | 1.88 | 1.67 | 1.4 | 1.42 | 1.55 | 1.39 | 0.87 | 0.76 | 0.63 | 0.75 |
Interest Cover(x) | 4.35 | 3.48 | 3.56 | 1.67 | 2.08 | 3.35 | 1.78 | -7.56 | 1.39 | -5.64 | 2.32 |
Total Debt/Mcap(x) | 2.09 | 0.99 | 0.95 | 0.42 | 0.5 | 0.55 | 1.35 | 0.41 | 0.31 | 0.36 | 0.23 |
# | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 |
---|---|---|---|---|---|---|---|---|---|---|
Promoter | 73.47 | 73.47 | 73.47 | 73.47 | 73.47 | 73.47 | 73.47 | 73.47 | 73.47 | 73.47 |
FII | 0.36 | 0.36 | 0.15 | 0.25 | 0.11 | 0.3 | 0.34 | 0.18 | 0.18 | 0.45 |
DII | 2.35 | 7.18 | 7.18 | 6.43 | 5.36 | 5.22 | 5.17 | 5.71 | 6.68 | 6.68 |
Public | 23.82 | 18.98 | 19.2 | 19.86 | 21.05 | 21.01 | 21.02 | 20.64 | 19.67 | 19.4 |
Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
# | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 |
---|---|---|---|---|---|---|---|---|---|---|
Promoter | 2.06 | 2.06 | 2.06 | 2.06 | 2.06 | 2.06 | 2.06 | 2.06 | 2.06 | 2.06 |
FII | 0.01 | 0.01 | 0 | 0.01 | 0 | 0.01 | 0.01 | 0 | 0 | 0.01 |
DII | 0.07 | 0.2 | 0.2 | 0.18 | 0.15 | 0.15 | 0.14 | 0.16 | 0.19 | 0.19 |
Public | 0.67 | 0.53 | 0.54 | 0.56 | 0.59 | 0.59 | 0.59 | 0.58 | 0.55 | 0.54 |
Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 2.8 | 2.8 | 2.8 | 2.8 | 2.8 | 2.8 | 2.8 | 2.8 | 2.8 | 2.8 |
Pros
Cons
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