Dredging Corporation of India LimitedDREDGECORPCorporate

Dredging Latest results: Jun 2026 15 quarters of data
₹896.45
MCap ₹2,510 Cr · P/E 64.3
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹355 Cr
Sales · Jun 2026
+46.7% YoY
₹62 Cr
Operating Profit · Jun 2026
+31.9% YoY
17.4%
OPM % · Jun 2026
-10.3% YoY
₹11 Cr
Net Profit · Jun 2026
+148.2% YoY
₹4.01
EPS · Jun 2026
+148.1% YoY

📝 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.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹2,510 Cr
Current Price ?
₹896.5
P/E ?
64.26above ind
Industry P/E ?
62.40
P/B ?
2.04
P/S ?
1.90
P/FCF ?
-11.01
Enterprise Value ?
₹3,597 Cr
EV/EBITDA ?
13.69
PEG ?
2.38
Earnings Yield ?
2.9%
Dividend Yield ?
0.00%
Profitability & Returns
Sales (TTM) ?
₹1,321 Cr
OPM ?
19.9%
Profit after tax (TTM) ?
₹39 Cr
EPS (TTM) ?
₹13.95
ROCE ?
4.0%
ROE ?
3.2%
ROA ?
1.3%
Growth
Sales — latest qtr ?
₹355 Cr
PAT — latest qtr ?
₹11 Cr
YoY qtr sales growth ?
46.7%
YoY qtr profit growth ?
148.2%
Sales growth (3y) ?
1%
Sales growth (5y) ?
10%
Profit growth (3y) ?
27%
Profit growth (5y) ?
15%
Financial Health
Debt ?
₹1,087 Cr
Debt to Equity ?
0.88
Interest Coverage ?
1.0
Current Ratio ?
N/A
Ownership
Promoter holding ?
73.47%
Change in promoter holding ?
0.00%
Pledged percentage ?
N/A
Market
Return 3 months ?
-10.6%
Return 6 months ?
-8.1%

🗓️ Quarterly results (15 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best
Metric Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 YoY % QoQ %
Sales 371337204198265278151204324462242212276478355 +46.7% -25.6%
Operating Profit 61275657692212-2527747253314362 +31.9% -56.7%
Other Income 11111112317211121 -3.0% -48.4%
Interest 136778771712173123112410 -68.5% -58.8%
Depreciation 353535333439373839384037483342 +4.4% +25.9%
Profit Before Tax 14-14161728-23-31-331721-23-33-258711 +149.6% -86.8%
Net Profit 14-14151727-23-31-341621-23-34-258711 +148.2% -87.1%
EPS 4.94-4.135.415.999.72-8.85-11.22-11.975.735.38-8.33-12.21-8.8031.044.01 +148.1% -87.1%
OPM % 16.5% 8.0% 27.4% 28.9% 25.9% 7.8% 8.1% -1.0% 16.1% 16.6% 19.4% 11.8% 12.0% 29.9% 17.4% -10.3% -41.8%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹1,142 Cr ₹1,208 Cr ₹1,321 Cr +5.8%
Operating Profit ₹139 Cr ₹248 Cr ₹263 Cr +78.0%
OPM % 12.20% 20.52% 19.89% +68.2%
NPM % -2.45% 0.37% 2.96% +115.1%
Other Income ₹43 Cr ₹5 Cr ₹5 Cr -87.5%
Depreciation ₹152 Cr ₹157 Cr ₹159 Cr +3.6%
Interest ₹53 Cr ₹89 Cr ₹68 Cr +67.2%
EBIT ₹-13 Cr ₹91 Cr ₹104 Cr +816.5%
PBT ₹-26 Cr ₹6 Cr ₹40 Cr +122.0%
Tax ₹1 Cr ₹1 Cr ₹1 Cr +49.0%
Net Profit ₹-28 Cr ₹4 Cr ₹39 Cr +116.1%
EPS ₹-12.08 ₹1.70 ₹14.04 +114.1%
Material Cost — — — —
Employee Cost ₹75 Cr ₹54 Cr ₹58 Cr -28.2%
Extraordinary Items ₹-4 Cr ₹0 Cr ₹0 Cr +100.0%

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 28282828 +0.0%
Reserves 1,2011,2271,1931,202 +0.8%
Borrowings 2815589231,087 +17.8%
Other Liabilities 817581503748 +48.7%
Total Liabilities 2,3262,3952,6473,066 +15.8%
Fixed Assets 1,5311,4301,3431,207 -10.1%
CWIP 5344584894 +53.1%
Investments 0000 —
Other Assets 791620721964 +33.7%
Total Assets 2,3262,3952,6473,066 +15.8%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 148191112142 +26.8%
Cash from Investing Activity -173-290-477-368 +22.9%
Cash from Financing Activity -38118363321 -11.6%
Net Cash Flow -6319-295 +4850.0%
Free Cash Flow -27-100-367-228 +37.9%
CFO/OP -858%98%68%58% -14.7%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 84688171 -12.3%
Cash Conversion Cycle 84688171 -12.3%
Working Capital Days -98-88-19-56 -194.7%
ROCE % -10%4%-0%4% —

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026 % Chg
Promoters 73.47%73.47%73.47%73.47%73.47% +0.0%
FIIs 0.21%0.14%0.51%0.37%0.75% +102.7%
DIIs 6.25%6.63%8.15%8.31%7.46% -10.2%
Government 0.08%0.08%0.08%0.04%0.04% +0.0%
Public 19.99%19.69%17.78%17.81%18.28% +2.6%
No. of Shareholders 48,12847,60347,65148,53048,011 -1.1%

⚖️ Peer comparison

Industry: Dredging · 2 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 KMEW Knowledge Marine ₹2,884.80 7,317 52.5 323 132 46.7% 40.7% 5.1% 33.2% 140.4% 470.4%
2 DREDGECORP Dredging ₹987.80 2,766 70.4 1,321 39 19.9% 3.0% 5.8% 116.1% 46.7% 148.2%
❓ Frequently asked questions
What was Dredging Corporation of India Limited's revenue in 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.
What was Dredging Corporation of India Limited's net profit in Q1 FY27?
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.
What is DREDGECORP's market capitalisation and P/E ratio?
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.
Who owns Dredging Corporation of India Limited? (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.
TTM ends 2026-06-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI