Dredging Corporation of India Ltd

About Dredging Corporation of India Ltd

Dredging Corporation of India Ltd (DCIL) is India's premier dredging company, primarily engaged in capital and maintenance dredging for Indian ports, navies, and other maritime organizations. It plays a crucial role in maintaining navigable depths, developing new port infrastructure, and supporting maritime trade efficiency across the country.

Key Financial Ratios of Dredging Corporation of India Ltd

• P/E Ratio (TTM): Price to Earnings ratio shows how much an investor pays for every rupee of the company's earnings. Dredging Corporation of India Ltd's P/E ratio (TTM) is 633.35, compared to the industry median of 16.98 and large cap median of 16.98.

• P/B Ratio: Price to Book ratio compares a company's market price to its book value per share. Dredging Corporation of India Ltd's P/B ratio is 2.45, compared to the industry median of 2.45 and large cap median of 2.45.

• P/S Ratio: Price to Sales ratio compares a company's market value to its total revenue. Dredging Corporation of India Ltd's P/S ratio is 2.56, compared to the industry median of 2.56 and large cap median of 2.56.

• PEG Ratio: PEG ratio adjusts the P/E ratio for expected earnings growth. Dredging Corporation of India Ltd's PEG ratio is 0.75.

• EV/EBITDA Ratio: This ratio compares a company's enterprise value to its earnings before interest, tax, depreciation, and amortization. Dredging Corporation of India Ltd's EV/EBITDA ratio is 14.81.

• Return on Equity (ROE): ROE measures how much profit a company generates from shareholders' invested capital. Dredging Corporation of India Ltd's ROE is 0.41%.

• Return on Assets (ROA): ROA measures how efficiently a company converts its assets into net profit. Dredging Corporation of India Ltd's ROA is 8.09%.

• Return on Capital Employed (ROCE): ROCE measures how efficiently a company generates profit from all the capital it employs. Dredging Corporation of India Ltd's ROCE is 4%.

• Operating Margin: Operating margin shows what percentage of revenue remains after covering operating expenses. Dredging Corporation of India Ltd's operating margin is 20.53%.

• Net Margin: Net margin shows what percentage of revenue converts into final net profit. Dredging Corporation of India Ltd's net margin is 0.41%.

• Current Ratio: The current ratio measures a company's ability to pay short-term liabilities using short-term assets. Dredging Corporation of India Ltd's current ratio is 0.95.

• Debt to Equity Ratio: This ratio shows the proportion of debt a company uses relative to shareholders' equity. Dredging Corporation of India Ltd's debt-to-equity ratio is 0.67.

• Interest Coverage Ratio: This ratio shows how easily a company can pay interest on its outstanding debt from its operating earnings. Dredging Corporation of India Ltd's interest coverage ratio is 1.08.

• Dividend Per Share (DPS): DPS shows the total dividend paid per share in the latest financial year. Dredging Corporation of India Ltd's DPS is ₹0.

• Earnings Per Share (EPS): EPS shows how much profit is allocated to each outstanding share. Dredging Corporation of India Ltd's EPS is 117.33.

(Source line: "Ratios as of 01 Sept 2026, based on last traded price of ₹1076.70. Data sourced from BSE/NSE Exchange Filings & Public Terminal Data.")

Key Facts

• Founded: 1976

• Headquarters: Visakhapatnam, Andhra Pradesh

• Core Offerings: Capital Dredging, Maintenance Dredging, Beach Nourishment, Land Reclamation

• Stock Listing: NSE (DREDGECORP), BSE (523618)

• Promoter: Consortium of Four Major Ports

History of Dredging Corporation of India Ltd

Dredging Corporation of India Ltd was incorporated in 1976 as a public sector undertaking under the Ministry of Shipping, Government of India. Its primary mandate was to provide dredging services to major and minor ports, and other maritime entities across India. In 2019, the company underwent strategic disinvestment, with a majority stake acquired by a consortium of four major public sector ports: Visakhapatnam Port Authority, Paradip Port Authority, Deendayal Port Authority, and Jawaharlal Nehru Port Authority. Today, DCIL remains the leading dredging company in India, continually modernizing its fleet and expanding its operational capabilities.

Business Segments and Revenue Mix

• Capital Dredging: Deepening and widening of channels and berths to accommodate larger vessels, crucial for new port development and expansion projects.

• Maintenance Dredging: Regular removal of silt and sand from existing navigational channels, berths, and turning basins to maintain required depths for safe and efficient shipping operations.

• Beach Nourishment & Land Reclamation: Undertaking projects to protect coastlines from erosion through sand replenishment and creating new land for port and industrial infrastructure development.

• Fleet & Operations: Operates a diverse fleet of modern Trailer Suction Hopper Dredgers (TSHDs) and Cutter Suction Dredgers (CSDs), deployed across major and minor ports and waterways in India.

Key Personnel

Mr. Madhaiyaan C. - Managing Director & CEO (Additional Charge) & Director (Finance). He is a seasoned finance professional with extensive experience in the public sector.

Subsidiaries and Associate Companies

No major subsidiaries reported.

Corporate Actions

No major recent corporate actions on record.

References

1. Annual Report FY23-24 2. Exchange Filings (NSE/BSE) 3. Company Website