Dredging Corporation of India Limited

NSEI:DREDGECORP Stock Report

Market Cap: ₹21.9b

Dredging Corporation of India Past Earnings Performance

Past criteria checks 5/6

Dredging of India's earnings have been declining at an average annual rate of -1.2%, while the Infrastructure industry saw earnings growing at 23.4% annually. Revenues have been growing at an average rate of 11.2% per year. Dredging of India's return on equity is 3.1%, and it has net margins of 4.5%.

Key information

-1.2%

Earnings growth rate

-0.1%

EPS growth rate

Infrastructure Industry Growth22.1%
Revenue growth rate11.2%
Return on equity3.1%
Net Margin4.5%
Last Earnings Update31 Dec 2023

Recent past performance updates

Recent updates

There's Reason For Concern Over Dredging Corporation of India Limited's (NSE:DREDGECORP) Massive 26% Price Jump

Apr 19
There's Reason For Concern Over Dredging Corporation of India Limited's (NSE:DREDGECORP) Massive 26% Price Jump

Dredging Corporation of India Limited's (NSE:DREDGECORP) 26% Price Boost Is Out Of Tune With Earnings

Jan 16
Dredging Corporation of India Limited's (NSE:DREDGECORP) 26% Price Boost Is Out Of Tune With Earnings

Returns On Capital Are Showing Encouraging Signs At Dredging Corporation of India (NSE:DREDGECORP)

Dec 12
Returns On Capital Are Showing Encouraging Signs At Dredging Corporation of India (NSE:DREDGECORP)

Is Now The Time To Put Dredging Corporation of India (NSE:DREDGECORP) On Your Watchlist?

Sep 19
Is Now The Time To Put Dredging Corporation of India (NSE:DREDGECORP) On Your Watchlist?

Investors Appear Satisfied With Dredging Corporation of India Limited's (NSE:DREDGECORP) Prospects As Shares Rocket 40%

Aug 23
Investors Appear Satisfied With Dredging Corporation of India Limited's (NSE:DREDGECORP) Prospects As Shares Rocket 40%

Returns At Dredging Corporation of India (NSE:DREDGECORP) Are On The Way Up

Aug 17
Returns At Dredging Corporation of India (NSE:DREDGECORP) Are On The Way Up

We Think That There Are Issues Underlying Dredging Corporation of India's (NSE:DREDGECORP) Earnings

Nov 20
We Think That There Are Issues Underlying Dredging Corporation of India's (NSE:DREDGECORP) Earnings

Returns On Capital Signal Difficult Times Ahead For Dredging Corporation of India (NSE:DREDGECORP)

Oct 08
Returns On Capital Signal Difficult Times Ahead For Dredging Corporation of India (NSE:DREDGECORP)

Is Dredging Corporation of India (NSE:DREDGECORP) Using Too Much Debt?

Feb 02
Is Dredging Corporation of India (NSE:DREDGECORP) Using Too Much Debt?

A Look At The Intrinsic Value Of Dredging Corporation of India Limited (NSE:DREDGECORP)

Mar 08
A Look At The Intrinsic Value Of Dredging Corporation of India Limited (NSE:DREDGECORP)

Revenue & Expenses Breakdown
Beta

How Dredging Corporation of India makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:DREDGECORP Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2310,048450660
30 Sep 2311,107316660
30 Jun 2311,51743400
31 Mar 2311,648126660
31 Dec 2211,167278510
30 Sep 229,85443000
30 Jun 228,97610400
31 Mar 228,01036510
31 Dec 217,219-1,085460
30 Sep 217,409-1,63100
30 Jun 217,153-2,06600
31 Mar 217,638-1,723460
31 Dec 207,795-66000
30 Sep 207,230-9000
30 Jun 207,20716100
31 Mar 207,49755250
31 Dec 197,6051,210590
30 Sep 197,230994590
30 Jun 197,484426590
31 Mar 196,917380590
31 Dec 186,060-494680
30 Sep 185,609-817680
30 Jun 185,738160680
31 Mar 185,919171680
31 Dec 175,69238760
30 Sep 176,012403760
30 Jun 176,0137400
31 Mar 175,85174760
31 Dec 166,0495852650
30 Sep 166,2702502650
30 Jun 166,3056022650
31 Mar 166,6594191090
31 Dec 156,9216552010
30 Sep 157,1248204700
30 Jun 157,18068000
31 Mar 157,3506242010
31 Dec 147,3532425720
30 Sep 147,6043205720
30 Jun 147,78438600
31 Mar 147,7043755650
31 Dec 137,6024592700
30 Sep 137,2113452700
30 Jun 136,81437700

Quality Earnings: DREDGECORP has high quality earnings.

Growing Profit Margin: DREDGECORP's current net profit margins (4.5%) are higher than last year (2.5%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: DREDGECORP has become profitable over the past 5 years, growing earnings by -1.2% per year.

Accelerating Growth: DREDGECORP's earnings growth over the past year (61.8%) exceeds its 5-year average (-1.2% per year).

Earnings vs Industry: DREDGECORP earnings growth over the past year (61.8%) exceeded the Infrastructure industry 32.2%.


Return on Equity

High ROE: DREDGECORP's Return on Equity (3.1%) is considered low.


Return on Assets


Return on Capital Employed


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