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Dredging Corporation of India LimitedDREDGECORPCorporate

Dredging Latest results: Mar 2023 2 quarters of data
Consolidated Standalone
₹896.45
MCap ₹2,510 Cr
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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.
₹337 Cr
Sales · Mar 2023
₹27 Cr
Operating Profit · Mar 2023
8.0%
OPM % · Mar 2023
₹-14 Cr
Net Profit · Mar 2023
₹-4.13
EPS · Mar 2023

📝 Dredging Corporation of India Limited — results explained

Quarter ended March 2023 (Q4 FY23)

Dredging Corporation of India Limited reported revenue of ₹337 crore for the quarter ended March 2023 (Q4 FY23), and down 9.2% sequentially over the December 2022 quarter.

The company reported a net loss of ₹14 crore. Earnings per share (EPS) came in at ₹-4.13.

Operating profit stood at ₹27 crore — an operating margin (OPM) of 8.0%.

Valuation snapshot

At the current price of ₹896.45, DREDGECORP has a market capitalisation of ₹2,510 crore.

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 ?
N/A
Industry P/E ?
62.40
P/B ?
2.04
P/S ?
N/A
P/FCF ?
-11.01
Enterprise Value ?
₹3,597 Cr
EV/EBITDA ?
N/A
PEG ?
N/A
Earnings Yield ?
N/A
Dividend Yield ?
N/A
Profitability & Returns
Sales (TTM) ?
N/A
OPM ?
N/A
Profit after tax (TTM) ?
N/A
EPS (TTM) ?
N/A
ROCE ?
4.0%
ROE ?
N/A
ROA ?
N/A
Growth
Sales — latest qtr ?
₹337 Cr
PAT — latest qtr ?
₹-14 Cr
YoY qtr sales growth ?
N/A
YoY qtr profit growth ?
N/A
Sales growth (3y) ?
N/A
Sales growth (5y) ?
N/A
Profit growth (3y) ?
N/A
Profit growth (5y) ?
N/A
Financial Health
Debt ?
₹1,087 Cr
Debt to Equity ?
0.88
Interest Coverage ?
N/A
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 (2 quarters · ₹ Cr)

same fiscal quarter as Mar bestweakest per row · for costs (interest, NPAs) low is best
Metric Dec 2022Mar 2023 YoY % QoQ %
Sales 371337 — -9.2%
Operating Profit 6127 — -56.0%
Other Income 11 — -45.7%
Interest 136 — -52.3%
Depreciation 3535 — +0.3%
Profit Before Tax 14-14 — -197.3%
Net Profit 14-14 — -202.5%
EPS 4.94-4.13 — -183.6%
OPM % 16.5% 8.0% — -51.5%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Annual rollup not yet available We need at least 3 quarters of a fiscal year to compute annual figures. This symbol does not yet have a complete fiscal year in our database.

🏛️ 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 Q4 FY23?
Dredging Corporation of India Limited reported revenue of ₹337 crore for the quarter ended March 2023 (Q4 FY23), and down 9.2% sequentially over the December 2022 quarter.
What was Dredging Corporation of India Limited's net profit in Q4 FY23?
The company reported a net loss of ₹14 crore. Earnings per share (EPS) came in at ₹-4.13.
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.
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 N/A. 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