Dredging Corporation of India Limited (IN:DREDGECORP)
:DREDGECORP
DREDGECORP Stock Chart & Stats
₹963.85
-₹31.35(-3.71%)
At close: 4:00 PM EST
₹963.85
-₹31.35(-3.71%)
Day’s Range― - ―
52-Week Range₹496.30 - ₹1,245.90
Previous CloseN/A
Volume13.91K
Average Volume (3M)5.32K
Market Cap
₹23.67B
Enterprise Value₹33.87B
Total Cash (Recent Filing)₹2.80B
Total Debt (Recent Filing)₹10.59B
Price to Earnings (P/E)―
Beta1.51
Next Earnings
Jun 02, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-8.80
Shares Outstanding28,000,000
10 Day Avg. Volume3,372
30 Day Avg. Volume5,322
Financial Highlights & Ratios
PEG Ratio0.32
Price to Book (P/B)1.33
Price to Sales (P/S)1.42
P/FCF Ratio-4.42
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Specialized Business ModelThe company operates in a specialized, capital-intensive niche—maintenance and capital dredging for ports and waterways. That business model produces recurring maintenance work from port authorities and government bodies and supports durable revenue streams tied to trade and port activity rather than fleeting consumer trends.
Recent Revenue Growth TrendReported multi-period revenue growth (approx. 24.5%) indicates the company has been expanding top-line activity, likely via new contracts or higher utilization. If sustained by infrastructure spending and recurring maintenance tenders, this trend supports predictable medium-term cash generation and contract pipeline strength.
Manageable LeverageA moderate debt profile gives the company financial flexibility to bid for multi-year dredging contracts and invest in fleet upkeep without excessive interest burden. Manageable leverage supports resilience across project cycles and reduces the near-term risk of distress from temporary revenue volatility.
Bears Say
Negative ProfitabilitySustained negative EBIT and net margins weaken the firm's ability to internally fund growth and absorb project margin shocks. Persistent unprofitability undermines retained earnings, erodes competitive reinvestment capacity, and increases dependence on external financing for strategic fleet or capability investments.
Negative Free Cash FlowRecurring negative free cash flow from high capex suggests the business needs external funding to sustain fleet investment and maintenance. Over time this increases refinancing needs, raises liquidity risk in downturns, and can constrain the company’s ability to bid competitively on large or back-to-back contracts.
Declining Equity / Negative ROEDeclining equity and negative ROE indicate cumulative losses that reduce balance sheet cushion. This structural weakening limits capacity to absorb project overruns, elevates counterparty and bond performance risk on tenders, and can restrict access to low-cost capital needed for long-term fleet renewal.
Dredging Corporation of India Limited News
DREDGECORP FAQ
What was Dredging Corporation of India Limited’s price range in the past 12 months?
Dredging Corporation of India Limited lowest stock price was ₹496.30 and its highest was ₹1245.90 in the past 12 months.
What is Dredging Corporation of India Limited’s market cap?
Dredging Corporation of India Limited’s market cap is ₹23.67B.
When is Dredging Corporation of India Limited’s upcoming earnings report date?
Dredging Corporation of India Limited’s upcoming earnings report date is Jun 02, 2026 which is in 56 days.
How were Dredging Corporation of India Limited’s earnings last quarter?
Dredging Corporation of India Limited released its earnings results on Feb 05, 2026. The company reported -₹8.796 earnings per share for the quarter, missing the consensus estimate of N/A by -₹8.796.
Is Dredging Corporation of India Limited overvalued?
According to Wall Street analysts Dredging Corporation of India Limited’s price is currently Overvalued.
Does Dredging Corporation of India Limited pay dividends?
Dredging Corporation of India Limited pays a Annually dividend of ₹3 which represents an annual dividend yield of N/A. See more information on Dredging Corporation of India Limited dividends here
What is Dredging Corporation of India Limited’s EPS estimate?
Dredging Corporation of India Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Dredging Corporation of India Limited have?
Dredging Corporation of India Limited has 28,000,000 shares outstanding.
What happened to Dredging Corporation of India Limited’s price movement after its last earnings report?
Dredging Corporation of India Limited reported an EPS of -₹8.796 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -9.91%.
Which hedge fund is a major shareholder of Dredging Corporation of India Limited?
Currently, no hedge funds are holding shares in IN:DREDGECORP
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Dredging Corporation of India Limited
Dredging Corporation of India Limited provides dredging services to various ports, Indian navy, fishing harbors, and other maritime organizations in India. The company offers capital dredging, maintenance dredging, beach nourishment, land reclamation, shallow water dredging, project management consultancy, and marine construction services. It operates through a fleet of 10 trailer suction hopper dredgers, 2 cutter suction dredgers, one backhoe dredger, and one inland cutter suction dredger, as well as other ancillary crafts. Dredging Corporation of India Limited was incorporated in 1976 and is headquartered in Visakhapatnam, India.
Technical Analysis
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