📝 Dredging Corporation of India Limited — results explained
Quarter ended June 2026 (Q1 FY27)
Dredging Corporation of India Limited reported revenue of ₹355 crore for the quarter ended June 2026 (Q1 FY27), up 46.7% from ₹242 crore in the same quarter last year, and down 25.6% sequentially over the March 2026 quarter.
The company swung to a net profit of ₹11 crore from a net loss of ₹23 crore a year earlier. Earnings per share (EPS) came in at ₹4.01.
Operating profit stood at ₹62 crore — an operating margin (OPM) of 17.4%, compared with 19.4% in the year-ago quarter.
Full year and trailing twelve months
For the full year FY26, Dredging Corporation of India Limited posted revenue of ₹1,208 crore, a growth of 5.8% over FY25, with a net profit of ₹4 crore.
On a trailing-twelve-month (TTM) basis, revenue stands at ₹1,321 crore with a net profit of ₹39 crore.
Valuation snapshot
At the current price of ₹896.45, DREDGECORP has a market capitalisation of ₹2,510 crore and a trailing P/E of about 64.3.
Within the Dredging industry, it is the 2nd-largest of the 2 companies we track by market value.
Shareholding pattern
As of Sep 2026, promoters held 73.47%, foreign institutional investors (FIIs) 0.75%, domestic institutional investors (DIIs) 7.46%, the government 0.04%, public shareholders 18.28% of Dredging Corporation of India Limited.