Dolphin Offshore

Who are in the management team of Dolphin Offshore?

As of March 2018, the management team of Dolphin Offshore includes Chairman Sabyasachi Hajara, Managing Director & CEO Satpal Singh, and several other directors in various roles, totaling 16 members. The team features a mix of executive, non-executive, and independent directors.

As of March 2018, the management team of Dolphin Offshore includes the following individuals:<BR><BR>1. Sabyasachi Hajara - Chairman<BR>2. Satpal Singh - Managing Director & CEO<BR>3. Kirpal Singh - Promoter & Non-Executive Director<BR>4. Navpreet Singh - Joint Managing Director & CFO<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 encompasses a range of roles, including executive, non-executive, and independent directors.

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 Rs 1,670 Cr. As of March 2025, it reported net sales of 20 Cr and a net profit of 10 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 public with its Initial Public Offer in 1994 and is listed on the Bombay and National Stock Exchanges. The latest quarterly results reported net sales and net profit for March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 20 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 10 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 1,670 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 35.00 <BR>Industry P/E: 19 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.47 <BR>Return on Equity: 17.06% <BR>Price to Book: 5.90 <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

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.

Who are the peers of the Dolphin Offshore?

Dolphin Offshore's peers include Reliance Industries, ONGC, IOC, BPCL, HPCL, Asian Energy, Selan Exploration, Ganesh Benzoplast, Gujarat Natural Resources, and Oil Country. Dolphin Offshore has below-average management risk and a 1-year return of -46.01%, significantly lower than Gujarat Natural Resources' 298.48% return.

Peers: The peers of Dolphin Offshore are Reliance Industr, ONGC, I O C L, B P C L, HPCL, Asian Energy, Selan Expl. Tech, Ganesh Benzopl., Guj.Nat.Resour., and Oil Country.<BR><BR>Quality Snapshot: Excellent management risk is observed at ONGC, I O C L, and B P C L, while Average management risk is found at Reliance Industr, Asian Energy, Selan Expl. Tech, and Ganesh Benzopl., and the rest. Below Average management risk is noted for Dolphin Offshore and Guj.Nat.Resour. In terms of growth, Excellent growth is seen at ONGC, I O C L, B P C L, and Dolphin Offshore, while Good growth is noted for Reliance Industr, and Below Average growth is found at Asian Energy, Ganesh Benzopl., and Guj.Nat.Resour. The Capital Structure is rated as Good for Dolphin Offshore and Reliance Industr, Excellent for Asian Energy, Selan Expl. Tech, and Ganesh Benzopl., while Average is noted for I O C L and B P C L, and Below Average for HPCL and Guj.Nat.Resour.<BR><BR>Return Snapshot: Guj.Nat.Resour. has the highest 1-year return at 298.48%, while Dolphin Offshore has the lowest at -46.01%. This indicates that Dolphin Offshore's 1-year return is significantly lower than that of Guj.Nat.Resour. Additionally, the six-month return is negative for Dolphin Offshore, ONGC, and HPCL.

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.

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.

How big is Dolphin Offshore?

As of 24th July, Dolphin Offshore Enterprises (India) Ltd has a market capitalization of 1,799.00 Cr, with recent net sales of 82.11 Cr and a net profit of 50.26 Cr. The latest balance sheet shows shareholder's funds of 221.33 Cr and total assets of 222.15 Cr.

As of 24th July, Dolphin Offshore Enterprises (India) Ltd has a market capitalization of 1,799.00 Cr, classifying it as a Small Cap company.<BR><BR>In the latest four quarters, Dolphin Offshore reported Net Sales of 82.11 Cr and a Net Profit of 50.26 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, showing Shareholder's Funds of 221.33 Cr and Total Assets of 222.15 Cr.

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.

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.

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

The next results date for Dolphin Offshore Enterprises (India) Ltd is January 29, 2026.

The next results date for Dolphin Offshore Enterprises (India) Ltd is scheduled for January 29, 2026.

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

Dolphin Offshore Enterprises (India) Ltd's Q2 FY26 results show strong revenue growth and a significant increase in net profit, but declining operating and profit margins raise concerns about future profitability. Overall, the performance is mixed, indicating positive trends alongside potential cost pressures.

Dolphin Offshore Enterprises (India) Ltd's latest results for Q2 FY26 show a mixed performance. On the positive side, the company reported a net profit of ₹15.61 crores, which is a significant increase of 37.78% quarter-on-quarter (QoQ) and 20.82% year-on-year (YoY). Revenue also saw impressive growth, reaching ₹24.62 crores, reflecting a 49.76% QoQ increase and a 47.16% YoY rise. This strong revenue growth indicates sustained demand for the company’s underwater engineering services.<BR><BR>However, there are some concerns regarding profitability metrics. The operating margin decreased to 89.36%, down from 94.95% in the previous quarter, and the profit after tax (PAT) margin also declined to 63.40% from 68.92%. These declines suggest that while the company is growing its top line, it is facing some cost pressures that could impact future profitability.<BR><BR>Overall, while the revenue and net profit figures are strong and indicate positive growth trends, the margin compression raises questions about sustainability. Investors should weigh these factors carefully when assessing the company's performance.

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

Which are the latest news on Dolphin Offshore?

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

As of 23-Mar, Dolphin Offshore Enterprises (India) Ltd's stock price has declined to Rs 366.80, reflecting a drop of -4.58%. This decline is driven by weak performance relative to peers, decreased investor participation, and concerns over management efficiency and high valuation metrics.

As of 23-Mar, Dolphin Offshore Enterprises (India) Ltd is experiencing a decline in its stock price, currently at Rs 366.80, reflecting a change of -17.6 (-4.58%). This drop can be attributed to several factors highlighted in the provided data. <BR><BR>Firstly, the stock has underperformed against the sector by -3.38% today, indicating a weaker performance relative to its peers. The stock reached an intraday low of Rs 366.80, which aligns with the overall trend of trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish sentiment among investors.<BR><BR>Moreover, there has been a significant decrease in investor participation, with delivery volume dropping by -47.56% compared to the 5-day average. This decline in trading activity may reflect a lack of confidence among investors, contributing to the downward pressure on the stock price.<BR><BR>While the company has shown strong long-term growth in net sales and operating profit, its management efficiency is concerning, as indicated by a low Return on Capital Employed (ROCE) of 8.87%. This low profitability per unit of total capital may deter potential investors. Additionally, the company's high debt-equity ratio of 0.64 times and flat results in recent financial periods further exacerbate concerns about its financial health.<BR><BR>Despite a notable annual return of 37.40% over the past year, the stock's current valuation appears expensive, with a PEG ratio of 0, which may lead investors to reassess their positions. The lack of investment from domestic mutual funds, holding only 0% of the company, suggests that institutional investors may also be wary of the stock's current price levels.<BR><BR>In summary, the combination of poor management efficiency, declining investor participation, and high valuation metrics are contributing to the falling stock price of Dolphin Offshore Enterprises (India) Ltd.

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

As of 24-Mar, Dolphin Offshore Enterprises (India) Ltd's stock price is slightly up at 376.00, but it shows a bearish trend with significant declines over the past week, month, and year. Despite past strong performance, current indicators reflect deteriorating investor sentiment and management efficiency issues.

As of 24-Mar, Dolphin Offshore Enterprises (India) Ltd is experiencing a slight rise in its stock price, currently at 376.00, with a change of 0.5 (0.13%) upward. However, the overall performance indicators suggest a concerning trend. The stock has underperformed its sector by -0.63% today and is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.<BR><BR>In the past week, the stock has declined by -3.63%, and over the past month, it has fallen by -14.64%. Year-to-date, the stock is down -21.35%, which is significantly worse than the Sensex's decline of -13.09%. Despite a strong performance over the past year, where it generated a return of +38.11% compared to the Sensex's -5.02%, the recent trends reflect a deterioration in investor sentiment.<BR><BR>Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by -43.17% against the 5-day average. This decline in trading activity may signal a lack of confidence among investors. Furthermore, while the company has a strong ability to service debt and impressive long-term growth metrics, it suffers from poor management efficiency, as indicated by a low Return on Capital Employed (ROCE) of 8.87%. <BR><BR>The combination of these factors, including declining performance metrics and reduced investor interest, suggests that while there may be a slight uptick in price currently, the overall outlook for Dolphin Offshore Enterprises (India) Ltd remains precarious.

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

As of 25-Mar, Dolphin Offshore Enterprises (India) Ltd's stock price has risen to 402.00, reflecting a 5.0% increase, driven by strong investor interest and consecutive gains. Despite broader market challenges, the company has achieved a 44.79% return over the past year, supported by solid financial indicators, although concerns about management efficiency remain.

As of 25-Mar, Dolphin Offshore Enterprises (India) Ltd is experiencing a rise in its stock price, currently at 402.00, reflecting a change of 19.15 (5.0%) upwards. This increase can be attributed to several factors. Firstly, the stock has outperformed its sector by 4.66% today and has shown consecutive gains over the last two days, accumulating a total return of 7.06% during this period. Additionally, the stock reached an intraday high of Rs 430.9, indicating strong investor interest.<BR><BR>In the context of broader market performance, while the BSE500 index has generated negative returns of -0.34% over the past year, Dolphin Offshore has managed to achieve a remarkable return of 44.79% in the same timeframe. This performance highlights the stock's resilience and ability to attract investors despite overall market challenges.<BR><BR>Moreover, the company demonstrates a strong ability to service its debt, evidenced by a low Debt to EBITDA ratio of 0.89 times, and has shown impressive long-term growth with net sales increasing at an annual rate of 1,044.00% and operating profit at 1,035.86%. These positive financial indicators contribute to investor confidence and support the stock's upward movement.<BR><BR>However, it is important to note that there are concerns regarding management efficiency, as indicated by a low Return on Capital Employed (ROCE) of 8.87%, which suggests lower profitability per unit of capital. Despite this, the current positive performance metrics and the stock's ability to outperform the market are driving its rise.