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Dredging Corporation of India NSEI:DREDGECORP Stock Report

Last Price

₹843.00

Market Cap

₹23.6b

7D

-10.2%

1Y

70.7%

Updated

12 Sep, 2024

Data

Company Financials

Dredging Corporation of India Limited

NSEI:DREDGECORP Stock Report

Market Cap: ₹23.6b

DREDGECORP Stock Overview

Provides dredging services to various ports, the Indian navy, fishing harbors, and other maritime organizations primarily in India.

DREDGECORP fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

Dredging Corporation of India Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Dredging Corporation of India
Historical stock prices
Current Share Price₹843.00
52 Week High₹1,457.95
52 Week Low₹426.10
Beta1.19
11 Month Change-9.22%
3 Month Change-21.17%
1 Year Change70.70%
33 Year Change125.22%
5 Year Change158.03%
Change since IPO53.27%

Recent News & Updates

These Return Metrics Don't Make Dredging Corporation of India (NSE:DREDGECORP) Look Too Strong

Sep 13
These Return Metrics Don't Make Dredging Corporation of India (NSE:DREDGECORP) Look Too Strong

Benign Growth For Dredging Corporation of India Limited (NSE:DREDGECORP) Underpins Stock's 28% Plummet

Aug 07
Benign Growth For Dredging Corporation of India Limited (NSE:DREDGECORP) Underpins Stock's 28% Plummet

Recent updates

These Return Metrics Don't Make Dredging Corporation of India (NSE:DREDGECORP) Look Too Strong

Sep 13
These Return Metrics Don't Make Dredging Corporation of India (NSE:DREDGECORP) Look Too Strong

Benign Growth For Dredging Corporation of India Limited (NSE:DREDGECORP) Underpins Stock's 28% Plummet

Aug 07
Benign Growth For Dredging Corporation of India Limited (NSE:DREDGECORP) Underpins Stock's 28% Plummet

Dredging Corporation of India Limited's (NSE:DREDGECORP) 29% Price Boost Is Out Of Tune With Earnings

Jun 11
Dredging Corporation of India Limited's (NSE:DREDGECORP) 29% Price Boost Is Out Of Tune With Earnings

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

May 21
Returns At Dredging Corporation of India (NSE:DREDGECORP) Are On The Way Up

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)

Shareholder Returns

DREDGECORPIN InfrastructureIN Market
7D-10.2%1.1%0.3%
1Y70.7%72.6%40.9%

Return vs Industry: DREDGECORP exceeded the Indian Infrastructure industry which returned 68.2% over the past year.

Return vs Market: DREDGECORP exceeded the Indian Market which returned 39.7% over the past year.

Price Volatility

Is DREDGECORP's price volatile compared to industry and market?
DREDGECORP volatility
DREDGECORP Average Weekly Movement7.5%
Infrastructure Industry Average Movement6.8%
Market Average Movement6.3%
10% most volatile stocks in IN Market9.5%
10% least volatile stocks in IN Market3.8%

Stable Share Price: DREDGECORP's share price has been volatile over the past 3 months.

Volatility Over Time: DREDGECORP's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1976248Durgesh Dubeywww.dredge-india.com

Dredging Corporation of India Limited provides dredging services to various ports, the Indian navy, fishing harbors, and other maritime organizations primarily 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, 2 cutter suction dredger, one backhoe dredger, and one inland cutter suction dredger, as well as other ancillary crafts.

Dredging Corporation of India Limited Fundamentals Summary

How do Dredging Corporation of India's earnings and revenue compare to its market cap?
DREDGECORP fundamental statistics
Market cap₹23.61b
Earnings (TTM)-₹108.72m
Revenue (TTM)₹8.92b

2.6x

P/S Ratio

-217.2x

P/E Ratio

Is DREDGECORP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DREDGECORP income statement (TTM)
Revenue₹8.92b
Cost of Revenue₹3.09b
Gross Profit₹5.83b
Other Expenses₹5.94b
Earnings-₹108.72m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-3.88
Gross Margin65.40%
Net Profit Margin-1.22%
Debt/Equity Ratio44.2%

How did DREDGECORP perform over the long term?

See historical performance and comparison