Dredging Corporation of India Limited
DREDGECORP · 523618 · Services · Dredging
- Market cap
- Rs 2,354 Cr
- P/E
- 47.71x
- P/B
- 1.91x
- 52W high / low
- Rs 1,286 / Rs 655
Our computed operating_margin (8.23%) diverges from BSE's own published figure (17.70%) by more than 100%. BSE's figure is a different, BSE-computed number (not necessarily TTM, standalone-only) — treat as a cross-check/fallback signal, not proof either figure is wrong.
About Dredging Corporation of India
Dredging Corporation of India Limited is listed on the NSE under the symbol DREDGECORP and on the BSE under scrip code 523618. It is classified in the Services sector, industry: Dredging. It is a constituent of BSE Services. The company listed on 15 Jan 2004 and has a face value of Rs 10.
The latest available end-of-day price is Rs 840.7 (+0.83% on the day), for a market capitalisation of Rs 2,354 Cr. Trailing P/E is 47.71x and price-to-book is 1.91x. The 52-week range is Rs 655 to Rs 1,286. The latest price is 29% of the way from the 52-week low to the 52-week high.
Against the 2-company comparison set from the official BSE industry Engineering Services, its market capitalisation is 0.5 times the peer median of Rs 4,977 Cr, and its P/E of 47.71x compares with a peer median of 68.54x. The comparison set is chosen mechanically from the exchange classification; it is not a ranking.
Latest annual results
For FY26 (year ended 31 Mar 2026), Dredging Corporation of India Limited reported revenue of Rs 1,208 Cr and net profit of Rs 4.8 Cr, with a net margin of 0.39% and earnings per share of Rs 5.28 (standalone statements).
Year-on-year change: revenue +5.76%; net profit not meaningful (a loss in one of the periods); EPS not meaningful (a loss in one of the periods). Three-year compound annual growth rate: revenue +1.30%; net profit −27.66%.
At the same date the balance sheet shows total assets of Rs 3,066 Cr, shareholders' equity of Rs 1,230 Cr, total debt of Rs 1,087 Cr, cash of Rs 143 Cr, a debt-to-equity ratio of 0.88 and operating cash flow of Rs 142 Cr.
On a trailing-twelve-month basis the filings add up to revenue of Rs 1,322 Cr, net income of Rs 39.3 Cr and a net margin of 2.98%.
Shareholding pattern
In the shareholding pattern for 30 Sept 2026, Dredging Corporation of India Limited's ownership is split: promoters 73.47%; foreign institutional investors (FIIs) 0.75%; domestic institutional investors (DIIs) 7.46%; retail and other shareholders 18.32%.
Compared with the filing for 30 Jun 2026: promoter holding 0.00 percentage points; FII holding −0.28 percentage points; DII holding +0.79 percentage points.
The same filing lists reported promoter pledge of 0.00% and 48,011 shareholders on record.
Recent filings and corporate actions
82 BSE corporate announcements were filed by Dredging Corporation of India Limited in the past twelve months; the most frequent category is "Company Update" (48). The most recent is "Dredging Corporation Of India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/11/2026 ,int…" (Board Meeting), filed on 26 Oct 2026.
The disclosed corporate-action timeline lists 2 entries: other (2). The latest is a other (E.G.M.) with ex-date 20 Jun 2023.
Figures are raw disclosures from official NSE/BSE and SEBI filings plus mechanically computed ratios, restated in words. This is research data, not investment advice, a rating or a recommendation; DalalOS is not a SEBI-registered investment advisor.
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Peer comparison
Official BSE industry: Engineering Services. Limited to companies within a 0.1x–10x market-cap band.
Edit columns
The basic-industry group was too small, so this table uses the broader official industry.
| Knowledge Marine & Engineering Works Limited | Rs 3,089.2 | Rs 7,599 Cr | Rs 341 Cr | Rs 130 Cr | 89.36x | 33.11% |
| Dredging Corporation of India LimitedThis company | Rs 840.7 | Rs 2,354 Cr | Rs 1,327 Cr | Rs 39.3 Cr | 47.71x | 3.21% |
| Median | Rs 1,964.95 | Rs 4,977 Cr | Rs 834 Cr | Rs 84.9 Cr | 68.54x | 18.16% |
Peers are selected mechanically from the official BSE industry hierarchy and current market-cap band. This is a comparison set, not a ranking or recommendation.
Companies related to Dredging Corporation of India
Same official industry (Dredging)
Other Services companies of a similar market capitalisation
- Redington LimitedREDINGTON · Market cap Rs 27,920 Cr
- The Great Eastern Shipping Company LimitedGESHIP · Market cap Rs 23,112 Cr
- Firstsource Solutions LimitedFSL · Market cap Rs 21,359 Cr
- International Gemological Institute LimitedIGIL · Market cap Rs 17,558 Cr
- eClerx Services LimitedECLERX · Market cap Rs 15,237 Cr
- Shipping Corporation Of India LimitedSCI · Market cap Rs 11,827 Cr
- Blue Dart Express LimitedBLUEDART · Market cap Rs 10,064 Cr
- MMTC LimitedMMTC · Market cap Rs 7,814 Cr
Companies are grouped mechanically from the exchange classification and listed by market capitalisation. This is a comparison set, not a ranking or recommendation.