Dredging Corporation of India Ltd Stock Price Today (NSE: DREDGECORP)

Dredging Corporation of India Ltd

DREDGECORPDredging
1223.30+90.90 (+8.03%)
Market Closed

Fundamental Score

...

Dredging Corporation of India Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Dredging Corporation of India Ltd share price today is 1223.30, up +8.03% on NSE/BSE as of 23 June 2026. Dredging Corporation of India Ltd (DREDGECORP) is a Small-cap company in the Dredging sector with a market capitalisation of 2.50K (Cr). The 52-week high for DREDGECORP share price is 1245.00 and the 52-week low is 538.00. The company has a Return on Equity (ROE) of -3.67% and a debt-to-equity ratio of 0.91.

Dredging Corporation of India Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
1223.30
Low
834.20
Volume
8.0L
Change
+22.93%

Dredging Corporation of India Ltd share price chart: 22.93% return over the past month. 52-week high ₹1245.00, 52-week low ₹538.00.

Dredging Corporation of India Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
1112.301230.001112.301223.3010.64L (Cr)
1164.001192.001125.101132.402.46L (Cr)
1200.001225.001140.001161.054.92L (Cr)
1125.001220.001108.801191.5012.27L (Cr)
1085.001159.851065.001115.359.40L (Cr)
1066.901102.451019.001072.955.90L (Cr)
1105.451113.951055.201064.754.49L (Cr)
1092.901172.001092.901105.2515.43L (Cr)
1040.001155.001035.201088.0089.54L (Cr)
877.801015.00860.001004.7022.12L (Cr)

Dredging Corporation of India Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
1164.001230.001112.301223.30+5.09%
940.001225.00834.201161.05+23.52%
816.551078.50794.00938.45+14.93%
939.301050.00758.60768.55-18.18%
1069.501146.90906.10951.20-11.06%
1014.901245.00892.501125.75+10.92%
856.951070.50847.10997.55+16.41%
780.00954.40770.30857.65+9.96%
619.90774.55538.00741.15+19.56%
589.05723.00588.15619.50+5.17%
668.10675.00585.55588.60-11.90%
714.00729.50663.10668.00-6.44%

AI Research Briefing

Powered by Gemini · 2026-04-10

DCIL is a leveraged play on Indian port capex, but balance sheet risk tempers enthusiasm.

Research Confidence
6.0/10Moderate
GOVT CAPEX DARK HORSE1M: 20.29%, 3M: 45.66%, 6M: 13.03% [cite:]P/E is non-existent due to losses; Industry P/E is 73.87x [cite:]

WHAT'S HAPPENING NOW (last 2-4 weeks)

Dredging Corporation of India (DCIL) has seen several developments recently:

* Secured a contract.

* Shareholders approved all five resolutions in a postal ballot with a 99.99% majority, including material related party transactions with port authorities.

* Finalized a strategic partnership with Colombo Dockyard PLC for ship repair, dry-docking, and joint shipbuilding.

CORE STORY (THE REAL GAME)

DCIL is an Atmanirbhar Bharat play on India's port infrastructure and inland waterways boom, fueled by government capex and a push for self-reliance in dredging. The market is betting on DCIL's ability to capitalize on these tailwinds and significantly expand its topline.

Why Now
  • ₹770 crore contract win
  • ₹4,000 crore government modernization plan
  • Strategic partnership with Colombo Dockyard
Potential Catalysts
  • Faster-than-expected execution of fleet modernization
  • Significant new order wins in the next 2-3 quarters
  • Improvement in ROE/ROCE
Key Risks
  • Micro-cap liquidity risk
  • Negative ROE and ROCE
  • High debt-to-equity ratio of 0.91
Institutional Activity

DII increased holdings by 0.38%, while FII decreased holdings by 0.07% [cite:]

Macro Context

Government focus on maritime infrastructure is a strong tailwind.

Order Book / Expansion

Secured a ₹770 crore contract.

Cash Flow Quality

Negative free cash flow of ₹-207.28 Cr over the last 5 years [cite:]

3–6 Month Outlook

DCIL aims to double its topline in the next 5-6 years, driven by fleet modernization and expansion into new markets. Execution is key.

Primary Thesis Risk

Inability to convert government capex into profitable revenue growth.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

-3.67%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

-0.31%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

8.43%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Dredging Corporation of India Ltd Valuation Check

Price to Earnings (P/E)

N/A

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

73.87x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

73.47%

% shares held by company founders/management

Poor

FII Holding

0.14%

% shares held by foreign institutional investors

Average

DII Holding

6.63%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

38.37%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

3.56%

Revenue growth vs same quarter last year

Poor

Revenue Growth (5-Year CAGR)

8.78%

Compounded annual revenue growth over 5 years

EPS Growth (5-Year CAGR)

N/A

Earnings per share growth over 5 years

Net Profit Growth (5-Year CAGR)

N/A

Compounded annual net profit growth over 5 years

Balance Sheet Health

Poor

Debt to Equity Ratio

0.91x

Total debt ÷ equity. Below 0.5 = financially healthy

Poor

Interest Coverage Ratio

0.83x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-207.28 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Dredging Corporation of India Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of DREDGECORP across key market metrics for learning purposes.

Positive Indicators

3 factors identified

Robust Profit Growth (38.37%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Balanced Promoter Holding (73.47%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

6 factors identified

Below-Average Return on Equity (-3.67%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (-0.31%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Weak Interest Coverage (0.83x)

Observation: Limited ability to service debt obligations from earnings.

Analysis: Low interest coverage raises concerns about financial stability.

Negative Free Cash Flow (₹-207.28 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Limited Institutional Interest (FII+DII: 6.77%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Dredging Corporation of India Ltd vs Dredging Peers

Peer Comparison - Dredging

Compare Dredging Corporation of India Ltd with 1 other companies in the same sector

2 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
21.7/100
1223
₹2495.91
-3.67%
Poor
-0.31%
Poor
0.9
Good
8.78%
Good
0.00%
48.1/100
2050
₹3642.31
73.9
Average
25.77%
Excellent
24.67%
Excellent
0.6
Good
61.33%
Excellent
53.04%
Excellent
0.00%

Dredging Corporation of India Ltd PE Ratio History

Historical price-to-earnings ratio for DREDGECORP — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 202411.85₹834.2570.4x
FY 20221.90₹388.10204.3x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Dredging Corporation of India Ltd Quarterly Performance

Latest quarterly metrics for DREDGECORP — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

3.56%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

38.37%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

8.78%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

N/A

Compounded annual net profit growth over 5 years

Dredging Corporation of India Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for DREDGECORP — calculated from daily price history

72RSI 14
Overbought — RSI 72

Momentum is strong — price may be stretched. Watch for pullbacks.

SMA 50
932
▲ Price above SMA 50 — Short-term bullish
SMA 200
852
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
714K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Dredging Corporation of India Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Dredging Corporation of India Ltd (DREDGECORP) — sourced from NSE/BSE filings.

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Fetching financial data for Dredging Corporation of India Ltd

About DREDGECORP (Dredging Corporation of India Ltd)

Dredging Corporation of India Ltd is the vanguard of maritime infrastructure development in India, a cornerstone of the nation's economic growth intricately linked to the health an...d accessibility of its waterways. We are the premier dredging organization in the country, tasked with ensuring the navigability and operational efficiency of India's major ports, harbors, and coastal regions. Our specialized expertise spans a wide spectrum of dredging activities, from deepening port channels to creating new land for industrial expansion. DREDGECORP is committed to contributing to the maritime landscape of India with an unwavering dedication to quality, safety, and environmental responsibility, we strive to facilitate seamless trade, protect vital coastal ecosystems, and drive sustainable progress for generations to come. Our core competencies lie in delivering comprehensive dredging solutions tailored to the unique needs of each project. We undertake capital dredging projects to establish new harbors and deepen existing channels, enabling larger vessels to access ports and boosting trade capacity. Maintenance dredging ensures the removal of accumulated sediment, preserving navigable depths and preventing costly disruptions to maritime operations. Furthermore, we specialize in beach nourishment to combat coastal erosion, land reclamation to create valuable waterfront property, and inland water dredging to maintain the navigability of rivers and canals. Dredgecorp also possesses the knowledge and experience to offer project management consultancy to our clients. The strength of DREDGECORP resides in its advanced and versatile fleet of dredging vessels. Comprising ten trailer suction hopper dredgers, we possess the capacity to handle large-scale dredging projects with efficiency and precision. In addition to this, we operate two cutter suction dredgers that excel in excavating hard materials and creating deep channels. Our capabilities are further enhanced by a backhoe dredger for precise excavation in confined areas and an inland cutter suction dredger for operations in shallow waterways. This comprehensive fleet, coupled with a highly skilled and experienced workforce, allows DREDGECORP to tackle any dredging challenge, ensuring the sustainable development of India's maritime infrastructure.

Company Details

Symbol:DREDGECORP
Industry:Dredging
Sector:Dredging

Key Leadership

Ms. P. Uma Gandhi
Chief Financial Officer
Captain Sanamandra Divakar
MD, CEO & Additional Director
Mr. V. Narasimha Rao
Deputy General Manager of Legal & Purchase Process Department

DREDGECORP Share Price: Frequently Asked Questions

What is the current share price of Dredging Corporation of India Ltd?

Dredging Corporation of India Ltd (DREDGECORP) trades at ₹1223.30 on NSE and BSE. Market cap ₹2.50K (Cr). Educational data only.

What is the P/E ratio of Dredging Corporation of India Ltd?

Dredging Corporation of India Ltd has a P/E of N/Ax vs industry average 73.87x.

What is the Bull Run score for Dredging Corporation of India Ltd?

Dredging Corporation of India Ltd has a Bull Run score of 21.7/100 based on 25+ financial parameters.

Does Dredging Corporation of India Ltd pay dividends?

Dredging Corporation of India Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Dredging Corporation of India Ltd?

Dredging Corporation of India Ltd has ROE of -3.67%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Dredging Corporation of India Ltd?

Dredging Corporation of India Ltd has debt-to-equity of 0.91.

Is Dredging Corporation of India Ltd a good investment?

Bull Run gives Dredging Corporation of India Ltd a score of 21.7/100. This is not investment advice — consult a SEBI-registered advisor.