Dolphin Offshore

Which are the latest news on Dolphin Offshore?

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

As of 24-Jun, Dolphin Offshore Enterprises (India) Ltd's stock price is declining, currently at Rs 377.85, reflecting a 1.47% decrease. The stock has underperformed the sector and is trading below key moving averages, indicating a bearish trend and reduced investor participation.

As of 24-Jun, Dolphin Offshore Enterprises (India) Ltd is experiencing a decline in its stock price, currently at Rs 377.85, which reflects a decrease of Rs 5.65 or 1.47%. This downward trend is evidenced by several factors. The stock has underperformed relative to the sector by 1.93% today and has been on a consecutive fall for the last three days, accumulating a total decline of 2.62% during this period. Additionally, the stock has touched an intraday low of Rs 375.55, indicating significant selling pressure.<BR><BR>The stock's performance over various time frames also highlights its struggles; it has fallen 3.13% over the past week, 7.39% over the past month, and a substantial 20.96% year-to-date. In contrast, the benchmark Sensex has shown a slight increase of 2.09% over the past month and a decline of only 9.66% year-to-date, suggesting that the stock is lagging behind the broader market.<BR><BR>Moreover, Dolphin Offshore is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which typically indicates a bearish trend. Investor participation appears to be decreasing as well, with a delivery volume of 3.34k on June 23, down by 10.85% compared to the 5-day average. This decline in trading activity further contributes to the stock's falling price. Overall, these factors collectively explain the current downward movement in Dolphin Offshore Enterprises (India) Ltd's stock price.

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

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

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

Dolphin Offshore Enterprises (India) Ltd's latest results show strong revenue and net profit growth, but declining operating margins and reliance on extraordinary income raise sustainability concerns. While the stock reacted positively, investors should be cautious about underlying operational challenges.

Dolphin Offshore Enterprises (India) Ltd's latest results present a mixed picture. On one hand, the company reported significant growth in both revenue and net profit for Q4 FY26, with revenue reaching ₹45.36 crores, reflecting a remarkable 121.92% year-on-year increase, and net profit soaring to ₹28.33 crores, up 171.10% year-on-year. This performance indicates strong top-line momentum and effective profit expansion.<BR><BR>However, beneath these impressive figures lies a concerning trend regarding operating margins. The operating margin, excluding other income, fell sharply to 27.09% from 55.43% a year earlier, marking the lowest level in seven quarters. This decline raises questions about the company's ability to manage costs effectively and maintain pricing power in a competitive environment.<BR><BR>Additionally, the company's profitability was heavily influenced by extraordinary other income, which accounted for a significant portion of profit before tax. This reliance on non-operating income introduces sustainability concerns regarding the reported profitability.<BR><BR>The stock reacted positively to these results, showing a 5.96% increase on the day of the announcement, but it remains important to consider the underlying operational challenges, including rising interest expenses and a deteriorating interest coverage ratio.<BR><BR>In summary, while the headline figures are strong, the operational weaknesses and dependency on non-recurring income suggest caution. Investors should closely monitor future performance to determine whether this growth is sustainable or merely a temporary spike.

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

The next results date for Dolphin Offshore Enterprises (India) Ltd is 05 May 2026.

The next results date for Dolphin Offshore Enterprises (India) Ltd is scheduled for 05 May 2026.

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.