Dredging Corporation of India Limited (IN:DREDGECORP)
:DREDGECORP
Want to see IN:DREDGECORP full AI Analyst Report?
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₹545.35 - ₹1,245.90
Previous CloseN/A
Volume13.91K
Average Volume (3M)5.32K
Market Cap
₹26.32B
Enterprise Value₹36.73B
Total Cash (Recent Filing)₹2.80B
Total Debt (Recent Filing)₹10.59B
Price to Earnings (P/E)―
Beta1.50
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
Recurring Maintenance Dredging ContractsThe company’s core business derives recurring revenue from maintenance dredging contracts with port authorities and government bodies. This creates durable, repeatable demand tied to essential port operations, supporting medium-term utilization, contract visibility and predictable service revenue.
Recent Strong Revenue GrowthReported revenue growth of ~24.5% signals stronger tender wins and higher activity relative to prior periods. Sustained top-line expansion across projects indicates robust underlying demand for dredging services, improving utilization potential and providing a foundation for medium-term operational scaling.
Manageable Leverage And Positive Operating Cash FlowBalance sheet shows moderate debt-to-equity while operating cash flow remains positive, giving the firm flexibility to fund working capital and bid for tenders. Manageable leverage plus positive OCF supports operational continuity and reduces immediate refinancing pressure despite capital needs.
Bears Say
Recent Net Losses And Negative EBITPersistent net losses and negative EBIT indicate operational cost pressures that compress profitability despite solid gross margins. Continued operating losses erode reserves, limit reinvestment capacity, and make it harder to restore shareholder returns without structural cost, pricing or efficiency improvements.
Negative Free Cash Flow From High CapexFree cash flow has been negative because capital expenditures outpace operating cash generation. Ongoing capex-driven FCF deficits can necessitate external financing for fleet upkeep or expansion, raise liquidity and interest risks, and constrain the company’s ability to self-fund strategic investments.
Declining Equity And Negative Return On EquityDeclining equity and negative ROE weaken financial resilience and borrowing capacity, making it costlier to raise capital. This deterioration heightens vulnerability to shocks, may limit competitiveness for large capital-intensive tenders, and can strain relationships with counterparties and lenders.
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 ₹545.35 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 ₹26.32B.
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 32 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
Cochin Shipyard Limited
―
Garden Reach Shipbuilders & Engineers Ltd.
―
IRCON International Ltd.
―
Mazagon Dock Shipbuilders Ltd.
―
Schneider Electric Infrastructure Limited
―