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NIFTY 5024,980.40+0.35%
SENSEX81,720.10+0.28%
NIFTY SHARIAH 254,850.15+0.42%
GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
ACTIVE IPOS8 Open+38% GMP
TCS₹4,124.50+1.18%
INFY₹1,892.40+1.22%
USD/INR₹83.92-0.04%
Dredging Corporation of India Limited

Dredging Corporation of India Limited

NSE: DREDGECORP
Engineering & ConstructionIndustrialsSMALL CAPMCap ₹2.51k Cr
₹896.45₹-4.45 (-0.49%)

Market Closed • NSE

Market cap₹2.51k Cr
Enterprise value₹3.55k Cr
P/E TTM50.88
P/B2.02
EPS TTM₹17.62
ROE0.03%
D/E0.89
Dividend yield0.00%
52W high₹1,286.00
52W low₹597.05
Price chart(1Y)
1Y Return:-17.30% (₹187.55)
H: ₹1,238.9L: ₹875
1W-0.35%
1M-9.27%
3M-11.98%
6M-6.16%
1Y+49.31%
Today at a glance

Day range

₹891.00₹906.90

52 week range

₹597.05₹1,286.00
Volume36.4K0.41x 20D avg
Free float50.00%-58.90% volume

Dredging Corporation of India Limited closed at INR896.45 (-0.49%) on volume 0.41x its 20-day average, trading 30.29% below its 52-week high.

Technical analysis
RSI (14)35.0Neutral (30–70)
MACDBULLISHBullish (Above signal)
ATR (14)₹34.45High
SMA 20₹936.24BEARISH
SMA 50₹1,022.50BEARISH
SMA 100₹1,057.88BEARISH
SMA 200₹1,013.63BEARISH
CPR bottom₹908.55
Pivot₹906.00
CPR top₹903.45
What changed recently?

2026-Q1

Q1 FY2026 Financial Results

PAT moved +452.9% QoQ

2024-09-19

AGM Announced

Annual General Meeting

2023-09-18

AGM Announced

Annual General Meeting

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
FAIL3/4 criteria
Non-Compliant (Financial Ratios)
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹1.09k Cr₹2.51k Cr43.33%≤ 33%FAIL
Non-halal income ratio–₹1.21k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹2.92k Cr₹3.07k Cr95.34%≥ 20%PASS
Receivables ratio–₹3.07k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E50.8828.10
Forward P/E——
P/B2.023.00
EV/EBITDA—18.00
PEG—1.10
Earnings yield2.003.60
Growth & profitability
RevenuePAT
FY18PAT margin 2.90%
FY19PAT margin 6.40%
FY23PAT margin -16.90%
FY24PAT margin 3.50%
FY25PAT margin -2.40%
FY26PAT margin 0.40%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+1.40%
Revenue CAGR 5Y+15.30%
PAT CAGR 3Y—
PAT CAGR 5Y-22.60%
Operating margin5.72%
Net margin2.97%
Financial health & cash flow
Net debt₹944.6 CrModerate
Interest coverage1.00xEBIT / interest
CFO / PAT8.78x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹142.4 Cr
Capital expenditure–
Free cash flow₹-22810.2 Lakh
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall50/100
Valuation35/100
Profitability50/100
Financial health65/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

High Cash Flow Conversion: CFO/PAT averaged 8.78x over last 3 years

Risks

Tight Debt Servicing: Interest coverage ratio is under 2.0x

Stretched Valuation: Trading at a high P/E multiple of 50.9x

Bull case

Market Leadership: Established operational scale in Engineering & Construction.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

80%53%27%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
8.68%Institutional holding
17.81%Public holding
5Periods available
0.00%Promoter pledged
48.53KShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
—Annual General MeetingAnnual General Meeting—19 Sept 2024
—Annual General MeetingAnnual General Meeting—18 Sept 2023
—Extra Ordinary General MeetingExtra Ordinary General Meeting—20 Jun 2023
—Extra Ordinary General MeetingExtra Ordinary General Meeting—20 Apr 2023
—Annual General MeetingAnnual General Meeting—14 Dec 2022
—Annual General MeetingAnnual General Meeting—09 Dec 2021
—Annual General MeetingAnnual General Meeting—14 Dec 2020
—Dividend₹3.00 / share—31 Jul 2019
—Dividend₹2.00 / share—03 Aug 2018
—Annual General MeetingAnnual General Meeting—23 Aug 2017
—Dividend₹3.00 / share—22 Sept 2016
—Dividend₹3.00 / share—22 Sept 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)41.40%+1.75% latest vs average
Highest delivery56.27%on 24 Sept
Average volume (20D)88.7KTrading-session average
Conviction trendStrengthening+1.75% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Larsen & Toubro Limited
Larsen & Toubro LimitedLT
Open analysis
₹4.99L30.091.05%₹67,942.00₹4,988.00+6.69%+15.52%
Adani Ports and Special Economic Zone Limited
Adani Ports and Special Economic Zone LimitedADANIPORTS
Open analysis
₹4.03L29.880.43%₹10,821.00₹3,650.00+18.57%+10.24%
Hindustan Aeronautics Limited
Hindustan Aeronautics LimitedHAL
Open analysis
₹3.34L35.790.92%₹5,515.00₹1,590.00+14.44%+14.88%
Bharat Electronics Limited
Bharat Electronics LimitedBEL
Open analysis
₹2.75L44.860.66%₹5,547.00₹1,055.00+24.93%+8.88%
InterGlobe Aviation Limited
InterGlobe Aviation LimitedINDIGO
Open analysis
₹1.81L—0.00%₹24,584.10-₹237.60+19.95%-110.92%
Bharat Heavy Electricals Limited
Bharat Heavy Electricals LimitedBHEL
Open analysis
₹1.51L52.550.32%₹7,697.72₹381.91+40.29%+183.84%
ABB India Limited
ABB India LimitedABB
Open analysis
₹1.44L92.640.43%₹3,559.00₹362.00+21.05%+2.84%
CG Power and Industrial Solutions Limited
CG Power and Industrial Solutions LimitedCGPOWER
Open analysis
₹1.33L106.680.16%₹3,281.00₹308.00+14.00%+15.36%
About Dredging Corporation of India Limited
Dredging Corporation of India Limited

Dredging Corporation of India Limited (DCI) is engaged in providing integrated dredging services to ports, Indian Navy and other maritime organizations in India.[1]

IndiaIndustrials

Questions investors ask
Is Dredging Corporation of India Limited Shariah compliant?

Dredging Corporation of India Limited is currently screened as Non-Compliant (Financial Ratios) under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (43.33%) exceeds AAOIFI threshold (≤ 33%).

What is Dredging Corporation of India Limited's current valuation relative to peers?

Dredging Corporation of India Limited trades at a P/E of 50.9x compared to the sector median of 28.1x, and a Price-to-Book of 2.0x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.89x. Interest coverage is 1x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 15.3% while net profit growth averaged -22.6%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.