What the business is, and whether it's a good one at a fair price.
Dredges and maintains shipping channels and harbours for India's Major Port Authorities, with four government-owned ports — Visakhapatnam, Paradeep, Jawaharlal Nehru and Deendayal — as its principal customers. All four are classified as promoter entities. FY26 revenue stood at Rs 1,208.33 crore, the highest turnover in the company's five-decade history. During H2 FY26, related-party transactions with these ports totalled Rs 9,466.42 lakhs, with Paradeep Port Authority accounting for Rs 4,763.12 lakhs and the largest closing receivable balance of Rs 6,147.31 lakhs. The cost structure is dominated by other operating expenses (fuel, vessel charter, project execution) at 70.6% of revenue, with depreciation at 13.1% and employee costs at 8.9%. Net profit in FY26 was Rs 4.75 crore, recovering from a restated loss of Rs 12.07 crore in FY25. A 150 kW solar rooftop plant was commissioned at the Visakhapatnam headquarters in May 2026. Management has set a target of Rs 1,500 crore turnover for FY27.
Measured from the filed financials, judged against its Services peers · as of FY26 — not investment advice
How has the market priced it — with filings on the timeline?
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
How does it stack up on valuation, returns and growth?
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Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.
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Who owns it — and is the promoter stake clean?
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Answered from DREDGING CORP OF INDIA's filed financials and exchange disclosures
DREDGING CORP OF INDIA is a Engineering Services company listed on NSE and BSE, trading under the symbol DREDGECORP.
Yes. Over the trailing twelve months DREDGING CORP OF INDIA reported a net profit of ₹39 Cr on revenue of ₹1,322 Cr.
Not in the latest reported year — DREDGING CORP OF INDIA's dividend payout for FY26 was nil.
No. Debt stands at 0.88× equity, and it carries net debt of ₹945 Cr. That is lower than 13% of its 405 Services peers.
On trailing P/E, DREDGING CORP OF INDIA ranks 329 of 373 in Services — cheaper than 12% of them, against an industry median of 14.6×. This is a position, not a valuation judgement.
On a typical session DREDGING CORP OF INDIA moves 1.72% — that is the median absolute close-to-close move across its last 269 trading days. Announcement days are routinely larger.
Every NSE and BSE filing by DREDGING CORP OF INDIA appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.
Figures are as last reported and may lag the latest filing. Not investment advice.
