Dolphin Offshore

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

As of 19-Aug, Dolphin Offshore Enterprises (India) Ltd's stock price is declining at 607.30, down 1.88%, following a trend reversal after three days of gains. Despite strong fundamentals and significant growth over the past month, recent volatility and decreased investor participation suggest a temporary setback.

As of 19-Aug, Dolphin Offshore Enterprises (India) Ltd is experiencing a decline in its stock price, currently at 607.30, which reflects a change of -11.65 or -1.88%. This drop follows a trend reversal after three consecutive days of gains. Although the stock reached a new 52-week high of Rs 644 earlier in the day, it faced a significant intraday low of Rs 606.5, indicating volatility within the trading session.<BR><BR>Despite a strong performance over the past week and month, where the stock has risen by 22.19% and 60.98% respectively, it underperformed its sector by -1.09% today. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 50.62% compared to the five-day average, suggesting reduced interest from investors at this time.<BR><BR>While the company shows strong fundamentals, such as a low Debt to EBITDA ratio and impressive growth in net sales and operating profit, the current market conditions and the recent price movements indicate a temporary setback in the stock's performance.

Which are the latest news on Dolphin Offshore?

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

Who are in the management team of Dolphin Offshore?

The management team of Dolphin Offshore includes key members such as Sabyasachi Hajara (Chairman), Satpal Singh (Managing Director & CEO), and Navpreet Singh (Joint Managing Director & CFO), along with several non-executive directors and additional executives, bringing diverse expertise to the company.

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 (Corporate & 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 brings a diverse range of experience and expertise to Dolphin Offshore.

What does Dolphin Offshore do?

Dolphin Offshore Enterprises (India) Ltd provides underwater services to the Indian oil and gas industry and is a small-cap company with a market cap of INR 2,032 Cr. As of June 2026, it reported net sales of 43 Cr and a net profit of 15 Cr.

Overview:<BR>Dolphin Offshore Enterprises (India) Ltd is a leading provider of underwater services to the Indian oil and gas industry, categorized as a small-cap company.<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 for an Initial Public Offer in 1994 and got its shares listed on the Bombay and National Stock Exchanges. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 43 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 15 Cr (Quarterly Results - Jun 2026)<BR>- Market Cap: INR 2,032 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 28.00<BR>- Industry P/E: 14<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: 0.45<BR>- Return on Equity: 19.39%<BR>- Price to Book: 5.63<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

Who are the peers of the Dolphin Offshore?

Dolphin Offshore's peers include Antelopus Selan, Veedol Corporat, Gandhar Oil Ref., and others, with varying management risks and growth rates. Antelopus Selan leads in 1-year returns at 43.58%, while Dolphin Offshore has a return of 11.25%.

Peers: The peers of Dolphin Offshore are Antelopus Selan, Veedol Corporat, Gandhar Oil Ref., Prabha Energy, Hind.Oil Explor., Asian Energy, Guj.Nat.Resour., Jindal Drilling, and Ganesh Benzopl.<BR><BR>Quality Snapshot: Excellent management risk is observed at Antelopus Selan, Gandhar Oil Ref., Jindal Drilling, and the rest have Average management risk. Growth is Excellent for Dolphin Offshore and Antelopus Selan, while Average growth is found at Gandhar Oil Ref. and the rest. Below Average growth is noted for Prabha Energy, Hind.Oil Explor., Asian Energy, Guj.Nat.Resour., and Ganesh Benzopl. Excellent capital structure is seen at Antelopus Selan, Veedol Corporat, Gandhar Oil Ref., Asian Energy, Jindal Drilling, and Ganesh Benzopl., while Good capital structure is noted for Dolphin Offshore and Hind.Oil Explor., and Below Average capital structure is present at Prabha Energy and Guj.Nat.Resour.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Antelopus Selan at 43.58%, while Prabha Energy has the lowest at -39.34%. Dolphin Offshore's 1-year return is 11.25%, which is significantly higher than Prabha Energy's but lower than Antelopus Selan's. Additionally, Prabha Energy and Jindal Drilling have negative six-month returns.

How big is Dolphin Offshore?

As of 14th August, Dolphin Offshore Enterprises (India) Ltd has a market capitalization of 2,022.63 Cr, with recent net sales of 142.83 Cr and net profit of 72.02 Cr over the last four quarters.

As of 14th August, <BR><BR>Market Cap: Dolphin Offshore Enterprises (India) Ltd has a market capitalization of 2,022.63 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 142.83 Cr, while the sum of Net Profit for the same period is 72.02 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2026, with Shareholder's Funds amounting to 353.43 Cr and Total Assets valued at 592.01 Cr.

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.

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.

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.