Dredging Corporation of India Limited (DREDGECORP) Price & Analysis

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DREDGECORP Stock Chart & Stats

₹963.85

-₹31.35(-3.71%)

At close: Jan 09 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

₹24.90B

Enterprise Value₹34.96B

Total Cash (Recent Filing)₹2.80B

Total Debt (Recent Filing)₹10.59B

Price to Earnings (P/E)―

Beta1.51

Next Earnings

Jun 02, 2026

EPS 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

Essential Dredging ServicesCore contract-based services to ports and governments create durable, recurring demand. Maintenance dredging is ongoing for navigability while capital dredging tied to port expansion creates multi-season projects, providing steady revenue visibility and high switching costs versus ad-hoc competitors.

Revenue Growth TrendA recent ~24.5% revenue growth rate indicates the firm can win and execute larger or more frequent contracts, improving scale and utilization. Over 2-6 months this trend supports stronger bidding credibility and potential margin recovery if operational efficiencies persist.

Manageable LeverageModerate debt levels provide financial flexibility to invest in fleet maintenance and capex without excessive interest burden. Manageable leverage reduces refinancing risk and supports the ability to bid on large public projects that require performance bonds and stable balance sheet credentials.

Bears Say

Negative ProfitabilityPersistent negative EBIT and net margins erode retained earnings and inhibit reinvestment capacity. Over months this reduces cushion for cost overruns on fixed-price contracts, pressures pricing competitiveness, and undermines ability to convert revenue growth into sustainable earnings.

Negative Free Cash FlowOngoing negative free cash flow means operating cash doesn't cover capex, forcing reliance on external financing or reserves. This constrains fleet upgrades and maintenance, raises liquidity risk in lumpy tender cycles, and can limit the company’s ability to fund growth without raising costlier capital.

Declining Equity / ROE PressureFalling equity and negative ROE reduce solvency buffers and make leverage metrics more sensitive to shocks. Over time this can raise borrowing costs, limit access to large public tenders requiring strong financials, and constrain strategic investments or partnerships.

Dredging Corporation of India Limited News

Dredging Corporation of India Names Krishna Das as Independent Director

Dredging Corporation of India Limited ( ($IN:DREDGECORP) ) has shared an announcement. Dredging Corporation of India Limited has...

8d ago

Dredging Corporation of India Announces Completion of Tenure of Independent Director Lav Verma

Dredging Corporation of India Limited ( ($IN:DREDGECORP) ) has issued an update. Dredging Corporation of India Limited has...

18d ago

Dredging Corporation of India Seeks Shareholder Nod for Appointment of Promoter Director via Postal Ballot

Dredging Corporation of India Limited ( ($IN:DREDGECORP) ) has provided an announcement. Dredging Corporation of India Limited has...

3M ago

Dredging Corporation of India Announces Trading Window Closure

An update from Dredging Corporation of India Limited ( ($IN:DREDGECORP) ) is now available. Dredging Corporation of India...

5M ago

Dredging Corporation of India Limited Holds 49th AGM, Highlights Strategic Initiatives

An announcement from Dredging Corporation of India Limited ( ($IN:DREDGECORP) ) is now available. Dredging Corporation of India...

6M ago

Dredging Corporation of India Clarifies Trading Volume Surge

Dredging Corporation of India Limited ( ($IN:DREDGECORP) ) has issued an update. Dredging Corporation of India Limited has...

6M ago

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 ₹24.90B.

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 77 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. Get more investment ideas with TipRanks Premium

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.