Dolphin Offshore

Which are the latest news on Dolphin Offshore?

Why is Dolphin Offshore Enterprises (India) Ltd falling/rising?

As of 08-Aug, Dolphin Offshore Enterprises (India) Ltd's stock price has risen to Rs 410.50, up 0.98%, driven by strong financial performance and outpacing the Sensex. Despite a decline in investor participation, positive indicators such as a low Debt to EBITDA ratio and significant profit growth support the stock's upward trend.

As of 08-Aug, Dolphin Offshore Enterprises (India) Ltd is experiencing a rise in its stock price, currently at Rs 410.50, reflecting an increase of 4.0 points or 0.98%. This upward movement can be attributed to several factors. Over the past week, the stock has outperformed the benchmark Sensex, gaining 4.19% compared to the Sensex's 0.52%. Additionally, in the last month, the stock has risen by 13.71%, while the Sensex has only increased by 0.41%.<BR><BR>Today's performance indicates that the stock has been gaining for three consecutive days, with a total return of 1.52% during this period. The stock also reached an intraday high of Rs 415.2, marking a 2.14% increase. Furthermore, Dolphin Offshore is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is typically a bullish signal.<BR><BR>Positive financial indicators bolster this rise, including a strong ability to service debt, evidenced by a low Debt to EBITDA ratio of 2.81 times. The company has demonstrated impressive long-term growth, with net sales increasing at an annual rate of 218.05% and operating profit soaring by 511.15%. Recent results show a significant increase in profit after tax (PAT) of 98.07% over the last six months, alongside a high return on capital employed (ROCE) of 13.32%.<BR><BR>However, it is important to note that there has been a decline in investor participation, with delivery volume dropping by 78.31% against the 5-day average. Despite this, the overall positive financial performance and recent stock gains contribute to the current rise in Dolphin Offshore's stock price.

Are Dolphin Offshore Enterprises (India) Ltd latest results good or bad?

Dolphin Offshore Enterprises (India) Ltd's latest results show strong year-on-year growth with a 30.71% increase in net profit and a 160.64% rise in revenue. However, there are concerns due to a significant sequential decline in both profit and revenue, along with reduced operating margins, indicating potential challenges ahead.

Dolphin Offshore Enterprises (India) Ltd's latest results present a mixed picture. On one hand, the company reported a net profit of ₹14.81 crores for Q1 FY27, which is a significant increase of 30.71% year-on-year. Additionally, revenue surged to ₹42.85 crores, reflecting a remarkable year-on-year growth of 160.64%. However, these positive year-on-year figures are somewhat overshadowed by a concerning sequential decline. Compared to the previous quarter (Q4 FY26), net profit dropped by 47.72%, and revenue decreased by 5.53%. <BR><BR>Moreover, the operating margin fell to 59.07%, down 15.88 percentage points from the previous quarter, indicating margin compression. The PAT margin also contracted significantly, raising questions about the sustainability of the company's recent operational improvements.<BR><BR>In summary, while the year-on-year growth figures are impressive, the sequential declines in both profit and revenue, coupled with margin pressures, suggest that the company's latest results are not entirely positive and warrant caution regarding future performance.

Should I buy, sell or hold Dolphin Offshore Enterprises (India) Ltd?

When is the next results date for Dolphin Offshore Enterprises (India) Ltd?

The next results date for Dolphin Offshore Enterprises (India) Ltd is July 24, 2026.

The next results date for Dolphin Offshore Enterprises (India) Ltd is scheduled for July 24, 2026.

How big is Dolphin Offshore?

As of 10th June, Dolphin Offshore Enterprises (India) Ltd has a market capitalization of 1,573.00 Cr, with recent net sales of 116.42 Cr and net profit of 68.54 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: Dolphin Offshore Enterprises (India) Ltd has a market capitalization of 1,573.00 Cr, classifying it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 116.42 Cr, while the sum of Net Profit for the same period is 68.54 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2025. Shareholder's Funds amount to 272.40 Cr, and Total Assets are valued at 456.97 Cr.

Who are in the management team of Dolphin Offshore?

The management team of Dolphin Offshore includes Chairman Sabyasachi Hajara, Managing Director & CEO Satpal Singh, Joint Managing Director & CFO Navpreet Singh, and several other directors and executives overseeing the company's strategic direction and operations.

The management team of Dolphin Offshore includes the following key members:<BR><BR>1. **Sabyasachi Hajara** - Chairman<BR>2. **Satpal Singh** - Managing Director & CEO<BR>3. **Navpreet Singh** - Joint Managing Director & CFO<BR>4. **Kirpal Singh** - Promoter & Non-Executive Director<BR>5. **Faqir Chand Kohli** - Non-Executive Independent Director<BR>6. **Kiran Vaidya** - Non-Executive Independent Director<BR>7. **Manjit Kirpal Singh** - Promoter & Non-Executive Director<BR>8. **V Surendran** - Vice President (Corp & Legal) & Company Secretary<BR>9. **Dharen S Savla** - Chairman & Non-Executive Director<BR>10. **Shaily Dedhia** - Non-Executive Director<BR>11. **Rohan Ketanbhai Sanghvi** - Non-Executive Director<BR>12. **Krena Khamar** - Company Secretary & Compliance Officer<BR>13. **Ashokkumar Ratilal Patel** - Additional Director<BR>14. **Rupesh KantilaI Savlaas** - Managing Director<BR>15. **Rohan Vasantkumar Shah** - Additional Executive Director<BR>16. **Christopher Joseph Rodricks** - Additional Director<BR><BR>This team oversees the strategic direction and operations of the company.

Who are the peers of the Dolphin Offshore?

Dolphin Offshore's peers include Hind.Oil Explor., Panama Petrochem, Prabha Energy, Asian Energy, Jindal Drilling, Gandhar Oil Ref., Guj.Nat.Resour., Ganesh Benzopl., Rajasthan Securi, and Oil Country. In terms of performance, Dolphin Offshore shows below-average management risk and growth, with a 1-year return of 3.88%, compared to Guj.Nat.Resour.'s highest return of 59.55% and Prabha Energy's lowest at -36.00%.

Peers: Dolphin Offshore's peers include Hind.Oil Explor., Panama Petrochem, Prabha Energy, Asian Energy, Jindal Drilling, Gandhar Oil Ref., Guj.Nat.Resour., Ganesh Benzopl., Rajasthan Securi, and Oil Country.<BR><BR>Quality Snapshot: Excellent management risk is observed at Jindal Drilling, Asian Energy, and Ganesh Benzopl., while Average management risk is found at Hind.Oil Explor., Panama Petrochem, Gandhar Oil Ref., and Rajasthan Securi. Below Average management risk is noted for Prabha Energy, Guj.Nat.Resour., and Dolphin Offshore. In terms of Growth, Excellent growth is seen at Dolphin Offshore and Rajasthan Securi, while Good growth is noted at Jindal Drilling and Guj.Nat.Resour. Below Average growth is present at Hind.Oil Explor., Panama Petrochem, Prabha Energy, Asian Energy, and Ganesh Benzopl. The rest have Average growth. For Capital Structure, Excellent capital structure is found at Panama Petrochem, Asian Energy, and Jindal Drilling, while Good capital structure is noted for Dolphin Offshore, Hind.Oil Explor., and Gandhar Oil Ref. The rest have Below Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Guj.Nat.Resour. at 59.55%, while Prabha Energy has the lowest at -36.00%. Dolphin Offshore's 1-year return is 3.88%, which is higher than Prabha Energy's but significantly lower than Guj.Nat.Resour.'s. Additionally, the peers with negative six-month returns include Prabha Energy and Oil Country.

What does Dolphin Offshore do?

Dolphin Offshore Enterprises (India) Ltd provides underwater services to the Indian oil and gas industry and is listed on the Bombay and National Stock Exchanges. As of March 2026, it reported net sales of 45 Cr and a net profit of 28 Cr, with a market cap of INR 1,573 Cr.

Overview:<BR>Dolphin Offshore Enterprises (India) Ltd is a leading provider of underwater services to the Indian oil and gas industry, operating within the micro-cap market segment.<BR><BR>History:<BR>Incorporated in May 1979 as a private limited company, Dolphin Offshore was converted into a public limited company in May 1994. The company went public with an Initial Public Offer in 1994 and is listed on the Bombay and National Stock Exchanges. The latest quarterly results reported net sales and profit for March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 45 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 28 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 1,573 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 23.00<BR>- Industry P/E: 12<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: 0.45<BR>- Return on Equity: 19.39%<BR>- Price to Book: 4.42<BR><BR>Contact Details:<BR>Address: 1001 Raheja Centre, 214 Nariman Point Mumbai Maharashtra : 400021<BR>Tel: 91-22-22832226/34/42<BR>Email: customers@dolphinoffshore.com<BR>Website: http://www.dolphinoffshore.com

Is Dolphin Offshore technically bullish or bearish?

As of November 18, 2025, Dolphin Offshore's technical trend is mildly bearish, supported by bearish signals from the weekly MACD and KST, while daily moving averages show mild bullishness that isn't strong enough to counter the overall bearish sentiment.

As of 18 November 2025, the technical trend for Dolphin Offshore has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD and KST both indicating bearish signals, while the monthly indicators show a mildly bearish trend. The Bollinger Bands also confirm a bearish outlook on the weekly timeframe. Although the daily moving averages are mildly bullish, they are not strong enough to offset the bearish signals from the weekly and monthly indicators. The Dow Theory indicates a mildly bullish trend on the monthly, but the lack of a clear trend on the weekly adds to the overall bearish sentiment.

How has been the historical performance of Dolphin Offshore?

Dolphin Offshore's historical performance shows a strong recovery, with net sales rising from 6.47 Cr in March 2024 to 74.02 Cr in March 2025, resulting in a profit after tax of 46.48 Cr, up from 5.57 Cr the previous year. Total assets and liabilities also increased significantly, reflecting overall growth and improved cash flow.

Answer:<BR>The historical performance of Dolphin Offshore shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Dolphin Offshore's net sales have seen a notable increase from 6.47 Cr in March 2024 to 74.02 Cr in March 2025, recovering from a period of no sales in the previous years. The total operating income followed a similar trend, rising to 74.02 Cr in March 2025 from 6.47 Cr in March 2024. The company's total expenditure, excluding depreciation, also increased to 28.14 Cr in March 2025, up from 9.97 Cr in March 2024. This resulted in an operating profit of 48.98 Cr in March 2025, a significant recovery from a loss of 3.50 Cr in March 2024. The profit before tax surged to 47.57 Cr in March 2025, compared to just 0.26 Cr in March 2024. Consequently, the profit after tax reached 46.48 Cr in March 2025, up from 5.57 Cr in March 2024. The company's total assets increased to 456.97 Cr in March 2025 from 222.15 Cr in March 2024, while total liabilities also rose to 456.97 Cr from 222.15 Cr in the same period. Cash flow from operating activities improved to 10.00 Cr in March 2025, compared to 3.00 Cr in March 2024, indicating a positive cash flow trend. Overall, Dolphin Offshore's financial performance in March 2025 reflects a strong recovery and growth trajectory compared to the previous year.

Who are the top shareholders of the Dolphin Offshore?

The top shareholder of Dolphin Offshore is Deep Onshore Services Private Limited, owning 74.99% of the shares. Other notable shareholders include Krishang Vaibhav Shah with 4%, individual investors with 14.78%, and foreign institutional investors holding 4.57%.

The top shareholders of Dolphin Offshore include Deep Onshore Services Private Limited, which holds a significant 74.99% of the shares, making it the largest promoter. Additionally, Krishang Vaibhav Shah is the highest public shareholder with a 4% stake. The company also has 14.78% of its shares held by individual investors. There are two foreign institutional investors (FIIs) that collectively hold 4.57% of the shares, while no mutual funds currently hold any shares in the company.

Is Dolphin Offshore overvalued or undervalued?

As of April 29, 2025, Dolphin Offshore is considered very expensive and overvalued with a PE ratio of 35.97 and an EV to EBITDA of 39.25, significantly higher than its peers like Reliance Industries and ONGC, and has underperformed the Sensex with a year-to-date return of -30.67%.

As of 29 April 2025, Dolphin Offshore's valuation grade has moved from risky to very expensive, indicating a significant shift in its perceived value. The company is currently overvalued, with a PE ratio of 35.97, an EV to EBITDA ratio of 39.25, and a Price to Book Value of 6.14. These ratios suggest that Dolphin Offshore is trading at a premium compared to its peers in the oil industry.<BR><BR>In comparison, Reliance Industries, which is considered fairly valued, has a PE ratio of 28.05 and an EV to EBITDA of 12.68, while ONGC, rated very attractive, boasts a PE ratio of just 8.31 and an EV to EBITDA of 4.65. The stark contrast in these ratios highlights Dolphin Offshore's overvaluation. Additionally, the company's stock has underperformed significantly against the Sensex, with a year-to-date return of -30.67% compared to the Sensex's 5.59%, further reinforcing the notion that it is currently overvalued.

What is the bonus history of the Dolphin Offshore?

Dolphin Offshore Enterprises (India) Ltd has issued bonuses twice: a 2:5 bonus on June 29, 2009, and a 3:5 bonus on January 11, 2007.

Dolphin Offshore Enterprises (India) Ltd has a history of bonus issues that includes two notable instances. <BR><BR>The most recent bonus was a 2:5 bonus issue, which was announced with an ex-date of June 29, 2009, and a record date of July 2, 2009. Prior to that, the company issued a 3:5 bonus on January 11, 2007, with a record date of January 12, 2007. <BR><BR>If you need more details or have further questions about Dolphin Offshore, feel free to ask!

Has Dolphin Offshore declared dividend?

Dolphin Offshore Enterprises (India) Ltd has declared a 15% dividend, amounting to ₹1.5 per share, with an ex-date of July 18, 2013. However, the current dividend yield is 0%, and total returns have varied significantly, showing negative returns in the short term but substantial gains over the longer term.

Dolphin Offshore Enterprises (India) Ltd has declared a 15% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 15%<BR>- Amount per share: 1.5<BR>- Ex-date: Jul-18-2013<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6 months period, the price return was -22.24%, the dividend return was 0%, resulting in a total return of -22.24%.<BR><BR>In the 1 year period, the price return was -39.3%, the dividend return was 0%, leading to a total return of -39.3%.<BR><BR>In the 2 years period, the price return was 0%, the dividend return was 0%, resulting in a total return of 0.0%.<BR><BR>In the 3 years period, the price return was 0%, the dividend return was 0%, leading to a total return of 0.0%.<BR><BR>In the 4 years period, the price return was 99421.53%, the dividend return was 0%, resulting in a total return of 99421.53%.<BR><BR>In the 5 years period, the price return was 99421.53%, the dividend return was 0%, leading to a total return of 99421.53%.<BR><BR>Overall, Dolphin Offshore has declared a dividend, but the dividend yield is currently 0%. The total returns over various periods show significant fluctuations, particularly a remarkable increase over the 4 and 5-year periods, despite negative returns in the shorter terms.