NSE
DREDGECORP

Dredging Corporation of India Limited

Engineering & Construction
Industrials

Prices are adjusted according to historical splits.

Dredging Corporation of India Limited Stock Price

Vitals

Today's Low:
₹481.3
Today's High:
₹549.9
Open Price:
₹539.6
52W Low:
₹275.45
52W High:
₹562.05
Prev. Close:
₹535.4
Volume:
319703

Company Statistics

Market Cap.:
₹15.40 billion
Book Value:
414.316
Revenue TTM:
₹11.52 billion
Operating Margin TTM:
6.37%
Gross Profit TTM:
₹10.72 billion
Profit Margin:
3.77%
Return on Assets TTM:
1.04%
Return on Equity TTM:
0.89%

Company Profile

Dredging Corporation of India Limited had its IPO on under the ticker symbol DREDGECORP.

The company operates in the Industrials sector and Engineering & Construction industry. Dredging Corporation of India Limited has a staff strength of 272 employees.

Stock update

Shares of Dredging Corporation of India Limited opened at ₹539.6 at the start of the last trading session i.e. 2023-09-13.

The stocks traded within a range of ₹481.3 - ₹549.9, and closed at ₹486.5.

This is a -9.13% slip from the previous day's closing price.

A total volume of 319,703 shares were traded at the close of the day’s session.

In the last one week, shares of Dredging Corporation of India Limited have slipped by -8.74%.

Dredging Corporation of India Limited's Key Ratios

Dredging Corporation of India Limited has a market cap of ₹15.40 billion, indicating a price to book ratio of 0.8154 and a price to sales ratio of 1.1632.

In the last 12-months Dredging Corporation of India Limited’s revenue was ₹11.52 billion with a gross profit of ₹10.72 billion and an EBITDA of ₹2.13 billion. The EBITDA ratio measures Dredging Corporation of India Limited's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Dredging Corporation of India Limited’s operating margin was 6.37% while its return on assets stood at 1.04% with a return of equity of 0.89%.

In Q2, Dredging Corporation of India Limited’s quarterly earnings growth was a negative -52.4% while revenue growth was a negative 6%.

Dredging Corporation of India Limited’s PE and PEG Ratio

Forward PE
0
Trailing PE
33.3971
PEG

Its diluted EPS in the last 12-months stands at ₹16.47 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Dredging Corporation of India Limited’s profitability.

Dredging Corporation of India Limited stock is trading at a EV to sales ratio of 1.4552 and a EV to EBITDA ratio of 7.5488. Its price to sales ratio in the trailing 12-months stood at 1.1632.

Dredging Corporation of India Limited stock pays annual dividends of ₹0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
₹24.08 billion
Total Liabilities
₹7.69 billion
Operating Cash Flow
₹0
Capital Expenditure
₹0
Dividend Payout Ratio
0%

Dredging Corporation of India Limited ended 2024 with ₹24.08 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹24.08 billion while shareholder equity stood at ₹14.23 billion.

Dredging Corporation of India Limited ended 2024 with ₹0 in deferred long-term liabilities, ₹7.69 billion in other current liabilities, in common stock, ₹0 in retained earnings and ₹0 in goodwill. Its cash balance stood at ₹309.71 million and cash and short-term investments were ₹0. The company’s total short-term debt was ₹0 while long-term debt stood at ₹1.89 billion.

Dredging Corporation of India Limited’s total current assets stands at ₹7.61 billion while long-term investments were ₹0 and short-term investments were ₹1.45 billion. Its net receivables were ₹3.40 billion compared to accounts payable of ₹4.13 billion and inventory worth ₹1.36 billion.

In 2024, Dredging Corporation of India Limited's operating cash flow was ₹0 while its capital expenditure stood at ₹0.

Comparatively, Dredging Corporation of India Limited paid ₹0 in dividends in 2024.

Other key metrics

Current Trading Price
₹486.5
52-Week High
₹562.05
52-Week Low
₹275.45
Analyst Target Price

Dredging Corporation of India Limited stock is currently trading at ₹486.5 per share. It touched a 52-week high of ₹562.05 and a 52-week low of ₹562.05. Analysts tracking the stock have a 12-month average target price of .

Its 50-day moving average was ₹418.04 and 200-day moving average was ₹363.07 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 7347.1% of the company’s stock are held by insiders while 621.9% are held by institutions.

Frequently Asked Questions About Dredging Corporation of India Limited

The stock symbol (also called stock or share ticker) of Dredging Corporation of India Limited is DREDGECORP

The IPO of Dredging Corporation of India Limited took place on

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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, shallow water dredging, project management consultancy, and marine construction services. It operates through a fleet of 10 trailer suction hopper dredgers, 1 cutter suction dredger, 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.

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