About
Dredging Corporation of India Limited provides dredging services to various ports, the Indian navy, fishing harbors, and other maritime organizations in India. The company offers capital dredging, maintenance dredging, beach nourishment, land reclamation, inland/shallow water dredging, project management consultancy, and marine construction services. It operates through a fleet of 10 trailer suction hopper dredgers, two cutter suction dredger, one backhoe dredger, and one inland cutter suction dredger, as well as other ancillary crafts. The company has a strategic alliance with Colombo Dockyard PLC for offering ship repair and shipbuilding services. Dredging Corporation of India Limited was incorporated in 1976 and is headquartered in Visakhapatnam, India.
Key Metrics
as of Sep 2026Market Cap3,046 Cr
P/E77.40
Div Yield0.00 %
Book Value₹444.00
52w High₹1,286.00
52w Low₹538.00
Face Value₹10.00
Quarterly Results
Rs. Crores · 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 | 355.00 | 478.00 | 276.00 | 212.00 | 242.00 | 462.00 | 324.00 | 204.00 | 151.00 | 278.00 | 265.00 | 198.00 | 204.00 |
| Expenses | 294.00 | 335.00 | 243.00 | 187.00 | 195.00 | 386.00 | 272.00 | 206.00 | 139.00 | 259.00 | 197.00 | 141.00 | 148.00 |
| Operating Profit | 62.00 | 143.00 | 33.00 | 25.00 | 47.00 | 77.00 | 52.00 | -2.00 | 12.00 | 19.00 | 69.00 | 57.00 | 56.00 |
| OPM % | 17.00 | 30.00 | 12.00 | 12.00 | 19.00 | 17.00 | 16.00 | -0.70 | 8.00 | 7.00 | 26.00 | 29.00 | 28.00 |
| Other Income | 1.00 | 2.00 | 1.00 | 1.00 | 1.00 | -1.00 | 16.00 | 23.00 | 1.00 | 1.00 | 1.00 | 0.00 | 1.00 |
| Depreciation | 42.00 | 33.00 | 48.00 | 37.00 | 40.00 | 38.00 | 39.00 | 38.00 | 37.00 | 39.00 | 34.00 | 33.00 | 35.00 |
| Interest | 10.00 | 24.00 | 11.00 | 23.00 | 31.00 | 17.00 | 12.00 | 17.00 | 7.00 | 7.00 | 8.00 | 7.00 | 7.00 |
| Profit before tax | 12.00 | 87.00 | -25.00 | -33.00 | -23.00 | 21.00 | 17.00 | -33.00 | -31.00 | -26.00 | 28.00 | 17.00 | 16.00 |
| Tax % | 2.00 | 1.00 | 0.00 | 3.00 | 1.00 | -1.00 | 4.00 | 2.00 | 1.00 | 1.00 | 2.00 | 4.00 | 3.00 |
| Net Profit | 11.00 | 87.00 | -25.00 | -34.00 | -23.00 | 21.00 | 16.00 | -34.00 | -31.00 | -26.00 | 27.00 | 17.00 | 15.00 |
| EPS in Rs | 4.01 | 31.04 | -8.80 | -12.21 | -8.33 | 7.64 | 5.74 | -11.97 | -11.21 | -9.28 | 9.72 | 5.99 | 5.41 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,208.00 | 1,142.00 | 946.00 | 1,165.00 | 801.00 | 764.00 | 750.00 | 692.00 | 592.00 | 585.00 | 666.00 | 735.00 |
| Expenses | 961.00 | 1,002.00 | 744.00 | 1,184.00 | 683.00 | 798.00 | 611.00 | 525.00 | 457.00 | 469.00 | 536.00 | 561.00 |
| Operating Profit | 248.00 | 140.00 | 202.00 | -19.00 | 118.00 | -34.00 | 139.00 | 167.00 | 135.00 | 116.00 | 130.00 | 174.00 |
| OPM % | 20.00 | 12.00 | 21.00 | -1.60 | 15.00 | -4.50 | 19.00 | 24.00 | 23.00 | 20.00 | 19.00 | 24.00 |
| Other Income | 6.00 | 24.00 | 3.00 | 3.00 | 19.00 | 3.00 | 6.00 | 7.00 | 20.00 | 14.00 | 26.00 | 10.00 |
| Interest | 89.00 | 38.00 | 28.00 | 29.00 | 12.00 | 20.00 | 14.00 | 18.00 | 20.00 | 18.00 | 18.00 | 26.00 |
| Depreciation | 158.00 | 152.00 | 141.00 | 150.00 | 120.00 | 119.00 | 117.00 | 113.00 | 113.00 | 100.00 | 93.00 | 92.00 |
| Profit before tax | 7.00 | -26.00 | 35.00 | -195.00 | 5.00 | -170.00 | 13.00 | 43.00 | 22.00 | 12.00 | 45.00 | 65.00 |
| Tax % | 28.00 | 5.00 | 5.00 | 1.00 | 25.00 | 1.00 | 59.00 | 12.00 | 21.00 | 40.00 | 7.00 | 4.00 |
| Net Profit | 5.00 | -27.00 | 33.00 | -196.00 | 4.00 | -172.00 | 6.00 | 38.00 | 17.00 | 7.00 | 42.00 | 62.00 |
| EPS in Rs | 1.70 | -9.81 | 11.85 | -70.07 | 1.28 | -61.52 | 1.97 | 13.58 | 6.12 | 2.65 | 14.97 | 22.29 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 22.00 | 33.00 | 0.00 | 20.00 | 13.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 28.00 | 28.00 | 28.00 | 28.00 | 28.00 | 28.00 | 28.00 | 28.00 | 28.00 | 28.00 | 28.00 | 28.00 |
| Reserves | 1,202.00 | 1,193.00 | 1,227.00 | 1,201.00 | 1,379.00 | 1,367.00 | 1,542.00 | 1,547.00 | 1,516.00 | 1,493.00 | 1,474.00 | 1,446.00 |
| Borrowings | 1,087.00 | 923.00 | 558.00 | 281.00 | 273.00 | 427.00 | 552.00 | 652.00 | 809.00 | 818.00 | 1,013.00 | 1,040.00 |
| Other Liabilities | 748.00 | 503.00 | 581.00 | 817.00 | 627.00 | 444.00 | 349.00 | 236.00 | 296.00 | 333.00 | 319.00 | 270.00 |
| Total Liabilities | 3,066.00 | 2,647.00 | 2,395.00 | 2,326.00 | 2,307.00 | 2,266.00 | 2,471.00 | 2,463.00 | 2,649.00 | 2,672.00 | 2,834.00 | 2,784.00 |
| Fixed Assets | 1,207.00 | 1,343.00 | 1,430.00 | 1,531.00 | 1,580.00 | 1,609.00 | 1,654.00 | 1,719.00 | 1,817.00 | 1,808.00 | 1,928.00 | 1,871.00 |
| CWIP | 894.00 | 584.00 | 344.00 | 5.00 | 29.00 | 12.00 | 8.00 | 8.00 | 43.00 | 26.00 | 38.00 | 1.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.00 | 4.00 | 4.00 | 4.00 | 30.00 |
| Other Assets | 964.00 | 721.00 | 620.00 | 791.00 | 698.00 | 645.00 | 809.00 | 733.00 | 786.00 | 834.00 | 864.00 | 882.00 |
| Total Assets | 3,066.00 | 2,647.00 | 2,395.00 | 2,326.00 | 2,307.00 | 2,266.00 | 2,471.00 | 2,463.00 | 2,649.00 | 2,672.00 | 2,834.00 | 2,784.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 142.00 | 112.00 | 191.00 | 148.00 | 205.00 | 176.00 | 117.00 | 148.00 | 138.00 | 87.00 | 158.00 | 212.00 |
| Cash from Investing Activity | -368.00 | -477.00 | -290.00 | -173.00 | -89.00 | -1.00 | 6.00 | 3.00 | 1.00 | -8.00 | -17.00 | -9.00 |
| Cash from Financing Activity | 321.00 | 363.00 | 118.00 | -38.00 | -159.00 | -166.00 | -142.00 | -145.00 | -127.00 | -141.00 | -127.00 | -142.00 |
| Net Cash Flow | 95.00 | -2.00 | 19.00 | -63.00 | -43.00 | 10.00 | -19.00 | 7.00 | 12.00 | -62.00 | 14.00 | 61.00 |
| Free Cash Flow | -228.00 | -367.00 | -100.00 | -27.00 | 114.00 | 173.00 | 117.00 | 148.00 | 130.00 | 74.00 | 131.00 | 198.00 |
| CFO/OP % | 58.00 | 68.00 | 98.00 | -858.00 | 181.00 | -534.00 | 82.00 | 95.00 | 69.00 | 84.00 | 134.00 | 133.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 71.00 | 81.00 | 68.00 | 84.00 | 96.00 | 96.00 | 122.00 | 135.00 | 147.00 | 177.00 | 188.00 | 185.00 |
| Cash Conversion Cycle | 71.00 | 81.00 | 68.00 | 84.00 | 96.00 | 96.00 | 122.00 | 135.00 | 147.00 | 177.00 | 188.00 | 185.00 |
| Working Capital Days | -56.00 | -19.00 | -88.00 | -98.00 | -90.00 | 22.00 | 131.00 | 155.00 | 178.00 | 201.00 | 161.00 | 178.00 |
| ROCE % | 4.00 | 0.00 | 4.00 | -10.00 | 0.00 | -8.00 | 1.00 | 3.00 | 1.00 | 1.00 | 2.00 | 3.00 |
Corporate Actions
29 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Other | 19 Sep 2024 | — | — | — | Annual General Meeting |
| Other | 18 Sep 2023 | — | — | — | Annual General Meeting |
| Other | 20 Jun 2023 | — | — | — | E.G.M. |
| Other | 20 Jun 2023 | — | — | — | Extra Ordinary General Meeting |
| Other | 20 Apr 2023 | — | — | — | E.G.M. |
| Other | 20 Apr 2023 | — | — | — | Extra Ordinary General Meeting |
| Other | 14 Dec 2022 | — | — | — | Annual General Meeting |
| Other | 09 Dec 2021 | — | — | — | Annual General Meeting |
| Other | 14 Dec 2020 | — | — | — | Annual General Meeting |
| Dividend | 31 Jul 2019 | — | — | 3.00 | |
| Dividend | 03 Aug 2018 | — | — | 2.00 | |
| Other | 23 Aug 2017 | — | — | — | Annual Book Closure |
| Other | 23 Aug 2017 | — | — | — | Annual General Meeting |
| Dividend | 22 Sep 2016 | — | — | 3.00 | |
| Dividend | 22 Sep 2015 | — | — | 3.00 | |
| Dividend | 11 Sep 2014 | — | — | 3.00 | |
| Dividend | 12 Sep 2013 | — | — | 2.00 | |
| Other | 18 Sep 2012 | — | — | — | Annual General Meeting |
| Other | 30 Aug 2011 | — | — | — | Annual General Meeting |
| Dividend | 17 Aug 2010 | — | — | 3.00 | |
| Dividend | 02 Sep 2009 | — | — | 5.00 | |
| Dividend | 05 Sep 2008 | — | — | 7.50 | |
| Dividend | 07 Mar 2008 | 10 Mar 2008 | — | 7.50 | |
| Dividend | 06 Sep 2007 | — | — | 9.00 | |
| Dividend | 28 Feb 2007 | 01 Mar 2007 | — | 6.00 | |
| Dividend | 06 Sep 2006 | — | — | 9.00 | |
| Dividend | 06 Sep 2005 | — | — | 8.00 | |
| Dividend | 05 Sep 2001 | — | — | 2.50 | |
| Dividend | 14 Jun 2001 | 29 Jun 2001 | — | 2.50 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update22 Apr from fitch
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Rating update8 Apr from care
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Rating update12 Jan from care
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Rating update5 Dec 2025 from care
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Rating update20 Oct 2025 from fitch
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Rating update8 Nov 2024 from care