Dredging Corporation of India Limited (DREDGECORP) AI Stock Analysis

• Market Cap: ₹29.89B
• Dividend Yield: N/A
• Average Volume (3M): 5.32K
• Price to Earnings (P/E): 202.1
• Beta (1Y): 1.28
• Revenue Growth: 5.80%
• EPS Growth: N/A
• Country: IN
• Employees: 248
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): -7.17
• Shares Outstanding: 28,000,000
• 10 Day Avg. Volume: 3,372
• 30 Day Avg. Volume: 5,322
• PEG Ratio: -0.95
• Price to Book (P/B): 0.56
• Price to Sales (P/S): 0.57
• P/FCF Ratio: -3.20
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 52 Neutral
• Price Target: ₹1,078.00 ▲(11.84% Upside)
• Action: Reiterated
• Date: 06/03/26

Positive Factors

Recurring maintenance revenue

Maintenance dredging is described as recurring work for ports and waterways, providing a predictable revenue base and repeat tender flow. This recurring component supports fleet utilization and steadier cash generation versus purely one‑off capital projects over the coming months.

Negative Factors

Rising financial leverage

Debt‑to‑equity increasing to roughly 0.88 materially raises leverage and reduces balance‑sheet flexibility. Elevated leverage amplifies interest burden and limits capacity to fund new tenders or absorb project delays, increasing refinancing and covenant risk if profitability does not strengthen.

Dredging Corporation of India Limited Business Overview & Revenue Model

Company Description

Dredging Corporation of India Limited (DCI) is a prominent Indian company that delivers specialized dredging solutions to a wide array of clients. Its services are sought by numerous ports, the Indian Navy, fishing harbors, and various other marit...

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Dredging Corporation of India Limited (DCI) is a prominent Indian company that delivers specialized dredging solutions to a wide array of clients. Its services are sought by numerous ports, the Indian Navy, fishing harbors, and various other marit...

How the Company Makes Money

DREDGECORP primarily makes money by executing dredging and marine works contracts for customers such as port authorities, government/PSU entities, and other marine infrastructure project owners. Revenue is typically earned on a per-project or per-...

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DREDGECORP primarily makes money by executing dredging and marine works contracts for customers such as port authorities, government/PSU entities, and other marine infrastructure project owners. Revenue is typically earned on a per-project or per-...

Dredging Corporation of India Limited Financial Statement Overview

Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	12.41B	12.08B	11.42B	9.43B	11.58B	8.01B
Gross Profit	7.94B	5.61B	7.94B	7.27B	480.57M	5.97B
EBITDA	2.03B	2.48B	1.64B	2.04B	-252.22M	1.17B
Net Income	-200.55M	47.53M	-274.57M	356.84M	-1.96B	35.70M
Balance Sheet
Total Assets	26.82B	30.66B	26.47B	24.03B	23.26B	23.07B
Cash, Cash Equivalents and Short-Term Investments	2.80B	4.57B	2.36B	835.79M	1.76B	1.26B
Total Debt	10.59B	10.87B	9.23B	5.58B	3.81B	3.70B
Total Liabilities	15.24B	18.35B	14.26B	11.39B	10.97B	9.03B
Stockholders Equity	11.58B	12.30B	12.21B	12.64B	12.29B	14.23B
Cash Flow
Free Cash Flow	395.97M	-2.17B	-3.67B	-1.00B	-304.84M	940.40M
Operating Cash Flow	1.71B	1.54B	1.12B	1.91B	1.48B	2.05B
Investing Cash Flow	-1.30B	-3.71B	-4.77B	-2.90B	-1.73B	-886.10M
Financing Cash Flow	352.19M	3.62B	3.63B	1.18B	-375.52M	-1.59B

Dredging Corporation of India Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 963.85
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:DREDGECORP, the sentiment is Neutral. The current price of 963.85 is below the 20-day moving average (MA) of 1141.54, below the 50-day MA of 1042.44, and above the 200-day MA of 903.69, indicating a neutral trend. The MACD of 26.87 indicates Positive momentum. The RSI at 46.26 is Neutral, neither overbought nor oversold. The STOCH value of 52.07 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:DREDGECORP.

Dredging Corporation of India Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MAZDOCK	71 Outperform	₹997.58B	35.75	―	0.47%	13.77%	14.39%
GRSE	67 Neutral	₹312.18B	41.01	―	0.80%	37.95%	41.82%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
SCHNEIDER	62 Neutral	₹319.18B	163.51	―	―	9.63%	-20.64%
COCHINSHIP	55 Neutral	₹383.62B	52.41	―	0.59%	4.19%	-13.39%
DREDGECORP	52 Neutral	₹29.89B	202.10	―	―	5.80%	―
IRCON	51 Neutral	₹125.70B	20.73	―	1.56%	-15.69%	-18.10%

Dredging Corporation of India Limited Corporate Events