Dredging Corporation of India Ltd Stock Price Today (NSE: DREDGECORP)
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 22 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
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
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹1112.30 | ₹1230.00 | ₹1112.30 | ₹1223.30 | 10.64L (Cr) | |
| ₹1164.00 | ₹1192.00 | ₹1125.10 | ₹1132.40 | 2.46L (Cr) | |
| ₹1200.00 | ₹1225.00 | ₹1140.00 | ₹1161.05 | 4.92L (Cr) | |
| ₹1125.00 | ₹1220.00 | ₹1108.80 | ₹1191.50 | 12.27L (Cr) | |
| ₹1085.00 | ₹1159.85 | ₹1065.00 | ₹1115.35 | 9.40L (Cr) | |
| ₹1066.90 | ₹1102.45 | ₹1019.00 | ₹1072.95 | 5.90L (Cr) | |
| ₹1105.45 | ₹1113.95 | ₹1055.20 | ₹1064.75 | 4.49L (Cr) | |
| ₹1092.90 | ₹1172.00 | ₹1092.90 | ₹1105.25 | 15.43L (Cr) | |
| ₹1040.00 | ₹1155.00 | ₹1035.20 | ₹1088.00 | 89.54L (Cr) | |
| ₹877.80 | ₹1015.00 | ₹860.00 | ₹1004.70 | 22.12L (Cr) |
Dredging Corporation of India Ltd — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹1164.00 | ₹1230.00 | ₹1112.30 | ₹1223.30 | +5.09% | |
| ₹940.00 | ₹1225.00 | ₹834.20 | ₹1161.05 | +23.52% | |
| ₹816.55 | ₹1078.50 | ₹794.00 | ₹938.45 | +14.93% | |
| ₹939.30 | ₹1050.00 | ₹758.60 | ₹768.55 | -18.18% | |
| ₹1069.50 | ₹1146.90 | ₹906.10 | ₹951.20 | -11.06% | |
| ₹1014.90 | ₹1245.00 | ₹892.50 | ₹1125.75 | +10.92% | |
| ₹856.95 | ₹1070.50 | ₹847.10 | ₹997.55 | +16.41% | |
| ₹780.00 | ₹954.40 | ₹770.30 | ₹857.65 | +9.96% | |
| ₹619.90 | ₹774.55 | ₹538.00 | ₹741.15 | +19.56% | |
| ₹589.05 | ₹723.00 | ₹588.15 | ₹619.50 | +5.17% | |
| ₹668.10 | ₹675.00 | ₹585.55 | ₹588.60 | -11.90% | |
| ₹714.00 | ₹729.50 | ₹663.10 | ₹668.00 | -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.
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.
- ₹770 crore contract win
- ₹4,000 crore government modernization plan
- Strategic partnership with Colombo Dockyard
- Faster-than-expected execution of fleet modernization
- Significant new order wins in the next 2-3 quarters
- Improvement in ROE/ROCE
- Micro-cap liquidity risk
- Negative ROE and ROCE
- High debt-to-equity ratio of 0.91
DII increased holdings by 0.38%, while FII decreased holdings by 0.07% [cite:]
Government focus on maritime infrastructure is a strong tailwind.
Secured a ₹770 crore contract.
Negative free cash flow of ₹-207.28 Cr over the last 5 years [cite:]
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
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Dredging Corporation of India Ltd Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
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
| 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 |
Dredging Corporation of India LtdDredging Corpor...Selected✓ DREDGECORP • 523618 | 21.7/100 | ₹1223.30₹1223 | ₹2495.91₹2495.91 | — — | -3.67%Poor -3.67% Poor | -0.31%Poor -0.31% Poor | 0.91Good 0.9 Good | — — | 8.78%Good 8.78% Good | 0.00% |
48.1/100 | ₹2050.20₹2050 | ₹3642.31₹3642.31 | 73.87Average 73.9 Average | 25.77%Excellent 25.77% Excellent | 24.67%Excellent 24.67% Excellent | 0.61Good 0.6 Good | 61.33%Excellent 61.33% Excellent | 53.04%Excellent 53.04% Excellent | 0.00% | |
Dredging Corporation of India Ltd PE Ratio History
Historical price-to-earnings ratio for DREDGECORP — last 5 years
| Year | EPS (₹) | Price (₹) | P/E Ratio |
|---|---|---|---|
| FY 2024 | ₹11.85 | ₹834.25 | 70.4x |
| FY 2022 | ₹1.90 | ₹388.10 | 204.3x |
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
Momentum is strong — price may be stretched. Watch for pullbacks.
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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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
Key Leadership
Corporate Events
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.