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Dolphin Offshore Enterprises (India) ltd.

DOLPHIN BSE Oil & Gas Equipment & Services Energy

Dolphin Offshore Enterprises (India) Limited provides offshore and marine services to the oil and gas industry in India. The company offers diving and underwater services, including underwater construction services enta…

ISIN INE920A01037
Listed β€”
Quarters tracked 13
Filings 20 docs

About

Dolphin Offshore Enterprises (India) Limited provides offshore and marine services to the oil and gas industry in India. The company offers diving and underwater services, including underwater construction services entailing modification and redevelopment of existing offshore facilities; pre-engineering surveys; diving support for pipe laying and pipeline stabilization; inspection, maintenance, and repair of platforms; installation and replacement of tie-ins, risers, and conductors; underwater ship repair and maintenance; rig support diving services, including UWILD surveys; and inspection required for various certifying bodies. It also provides pre-engineering surveys, preparation of ISO's and bill of materials, transportation, and prefabrication of spools; onshore fabrication services; modifications on unmanned and process platform, installation of riser clamps and protectors, deck extension, boat landing, clamp-on structure, and running conductors; painting; hook-up and commissioning work; installation of walk-way bridges; replacement of cranes, FG skids, chlorinators, and deluge systems; piping works; structural works; and repairs to spud-can, mud-mats, and shock-pad foundation on jack-up rigs. In addition, the company offers pre-engineering, pre-construction, and post installation surveys of offshore structures/ pipelines; procurement of material and onshore fabrication; marine load outs, sea fastening, and transportation; installation of riser, conductor, i-tube, anodes and relocation of subsea clamps; diving and topside support; free span corrections; and design engineering services. Further, it provides floating/dry dock and in-situ emergency repairs; underwater repairs and maintenance; hull painting, plating, and piping and structural repairs and replacement; and engine repairs services. The company was incorporated in 1979 and is based in Mumbai, India. Dolphin Offshore Enterprises (India) Limited is a subsidiary of Deep Onshore Services Private Limited.

Key Metrics

as of Sep 2026
Market Cap2,696 Cr
P/E37.40
Div Yield0.00 %
Book Valueβ‚Ή88.40
52w Highβ‚Ή683.00
52w Lowβ‚Ή322.00
Face Valueβ‚Ή1.00

Quarterly Results

Rs. Crores Β· hover row for definition
Metric Jun 2026 Mar 2026 Dec 2025 Sep 2025 Jun 2025 Mar 2025 Dec 2024 Sep 2024 Jun 2024 Mar 2024 Dec 2023 Sep 2023 Jun 2023
Sales 43.00 45.00 30.00 25.00 16.00 20.00 28.00 17.00 8.00 2.00 2.00 2.00 1.00
Expenses 18.00 33.00 8.00 3.00 1.00 9.00 13.00 4.00 2.00 7.00 1.00 1.00 1.00
Operating Profit 25.00 12.00 22.00 22.00 16.00 11.00 16.00 13.00 6.00 -5.00 1.00 1.00 0.00
OPM % 59.00 27.00 75.00 89.00 95.00 55.00 55.00 76.00 74.00 -253.00 40.00 42.00 -23.00
Other Income 0.00 12.00 2.00 4.00 0.00 0.00 1.00 0.00 2.00 2.00 0.00 3.00 1.00
Depreciation 5.00 5.00 5.00 4.00 2.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest 4.00 5.00 4.00 3.00 2.00 1.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 16.00 14.00 16.00 19.00 11.00 10.00 16.00 13.00 8.00 -4.00 0.00 4.00 0.00
Tax % 10.00 -100.00 17.00 18.00 -5.00 -2.00 6.00 -1.00 5.00 -138.00 0.00 0.00 0.00
Net Profit 15.00 28.00 13.00 16.00 11.00 10.00 16.00 13.00 8.00 1.00 0.00 4.00 0.00
EPS in Rs 3.70 7.08 3.32 3.90 2.83 2.61 3.89 3.23 1.89 0.36 0.11 1.12 0.04

Profit & Loss

Annual Β· Rs. Crores
Metric Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Sales 116.0074.006.000.000.00168.00208.00158.00196.00358.00416.00200.00
Expenses 44.0028.004.001.001.00128.00163.0091.00104.00230.00334.00201.00
Operating Profit 72.0046.002.00-1.00-1.0040.0044.0067.0093.00128.0082.00-1.00
OPM % 62.0062.0035.00β€”β€”24.0021.0042.0047.0036.0020.00-0.30
Other Income 17.003.000.0045.000.001.00-3.0010.00-18.00-24.0015.0047.00
Interest 14.001.001.000.000.0013.0010.0012.0015.0021.0023.0021.00
Depreciation 16.000.001.008.0014.0036.0042.0021.0022.0021.0019.0013.00
Profit before tax 60.0048.000.0036.00-14.00-8.00-12.0044.0038.0062.0055.0012.00
Tax % -14.002.00-2,042.000.000.0012.00-5.008.006.002.0014.0063.00
Net Profit 69.0046.006.0036.00-14.00-9.00-11.0041.0036.0061.0047.004.00
EPS in Rs 17.1311.621.3911.43-0.85-0.51-0.662.452.133.632.810.26
Dividend Payout % 0.000.000.000.000.000.000.000.000.000.005.0059.00

Balance Sheet

Annual Β· Rs. Crores β€” latest first
Metric Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Equity Capital 4.004.004.003.0017.0017.0017.0017.0017.0017.0017.0017.00
Reserves 349.00268.00217.00174.0025.00566.00573.00428.00374.00333.00259.00224.00
Borrowings 203.00165.001.0018.00131.0064.0058.0061.0066.00139.00166.00183.00
Other Liabilities 51.0024.005.006.00165.00146.00105.0098.0097.00121.00180.0067.00
Total Liabilities 608.00461.00227.00201.00338.00793.00753.00603.00554.00609.00621.00492.00
Fixed Assets 309.001.003.0058.0066.00289.00324.00189.00201.00216.00207.00218.00
CWIP 0.00222.0047.000.000.000.000.0019.0013.001.001.002.00
Investments 34.0027.0015.000.0020.000.000.000.000.000.000.000.00
Other Assets 265.00211.00164.00143.00253.00503.00429.00395.00340.00392.00412.00272.00
Total Assets 608.00461.00227.00201.00338.00793.00753.00603.00554.00609.00621.00492.00

Cash Flows

Annual Β· Rs. Crores β€” latest first
Metric Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Cash from Operating Activity 45.0010.004.00-4.00-1.0022.00-8.0020.0089.0062.0058.0038.00
Cash from Investing Activity -75.00-167.00-24.000.000.00-6.0022.00-5.00-2.00-10.00-12.00-15.00
Cash from Financing Activity 31.00164.0020.005.001.00-18.00-13.00-17.00-88.00-51.00-43.00-28.00
Net Cash Flow 2.008.000.000.000.00-2.001.00-2.00-1.002.002.00-4.00
Free Cash Flow -28.00-160.009.00-4.00-1.0022.00-8.0014.0076.0062.0051.0020.00
CFO/OP % 62.0023.00142.00680.00113.0057.00-16.0033.00100.0054.0085.00-6,742.00

Ratios

Annual Β· Days / % β€” latest first
Metric Mar 2026Mar 2025Mar 2024Mar 2023Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Debtor Days 729.00974.007,972.00β€”636.00407.00553.00326.00195.00191.00334.00
Cash Conversion Cycle 729.00974.007,972.00β€”636.00407.00553.00326.00195.00191.00334.00
Working Capital Days 589.00857.008,618.00β€”520.00379.00439.00262.00113.0057.00122.00
ROCE % 15.0015.001.00-4.001.004.0012.0017.0026.0018.005.00

Shareholding Pattern

% holding β€” latest first
Holder Jun 2026 Mar 2026 Dec 2025 Sep 2025 Jun 2025 Mar 2025 Dec 2024 Sep 2024 Jun 2024 Mar 2024 Dec 2023 Sep 2023
Promoters 74.99 74.99 74.99 74.99 74.99 74.99 74.99 74.99 74.99 74.99 74.99 94.98
FIIs 4.57 4.58 4.57 4.57 4.57 4.57 12.82 12.82 12.82 12.82 12.82 0.00
DIIs 0.31 0.31 0.31 0.31 0.31 1.47 1.60 1.60 1.58 1.58 1.58 2.00
Public 20.13 20.13 20.13 20.12 20.13 18.96 10.59 10.60 10.62 10.62 10.60 3.02
No. of Shareholders 13,344 13,892 12,989 13,075 13,526 13,604 13,283 13,016 13,613 11,254 10,972 11,440

Corporate Actions

13 records
ActionEx DateRecord DateRatioAmount (β‚Ή)Notes
Other 06 Sep 2024 β€” β€” β€” Annual General Meeting
Split 25 Jan 2024 25 Jan 2024 10:1 β€”
Other 22 Sep 2023 β€” β€” β€” Annual General Meeting
Other 24 Feb 2023 24 Feb 2023 β€” β€” Resolution Plan -Suspension
Dividend 18 Jul 2013 β€” β€” 1.50
Dividend 06 Sep 2012 β€” β€” 1.50
Dividend 21 Jul 2011 β€” β€” 1.50
Dividend 15 Jul 2010 β€” β€” 1.50
Dividend 06 Nov 2009 09 Nov 2009 β€” 1.50
Dividend 29 Jun 2009 β€” β€” 3.00
Bonus 29 Jun 2009 β€” 2:5 β€”
Dividend 18 Sep 2008 β€” β€” 2.50
Dividend 29 Aug 2007 β€” β€” 2.50

Announcements

5 filings