ScoreWhy is Dredging Corporation of India Ltd ?
1
Weak Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 1.70%
- Poor long term growth as Net Sales has grown by an annual rate of 8.88% and Operating profit at 19.32% over the last 5 years
- Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of -0.81
2
With a growth in Operating Profit of 321.29%, the company declared Very Positive results in Mar 26
- OPERATING PROFIT TO INTEREST(Q) Highest at 5.97 times
- NET SALES(Q) Highest at Rs 478.23 cr
- PBDIT(Q) Highest at Rs 142.95 cr.
3
With ROCE of 0.9, it has a Fair valuation with a 1.8 Enterprise value to Capital Employed
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 63.89%, its profits have risen by 39.3%
4
Majority shareholders : Promoters
5
Market Beating performance in long term as well as near term
- Along with generating 63.89% returns in the last 1 year, the stock has outperformed BSE500 in the last 3 years, 1 year and 3 months
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Dredging Corpn. should be less than 10%
- Overall Portfolio exposure to Miscellaneous should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Miscellaneous)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Dredging Corpn. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Dredging Corpn.
61.77%
1.07
59.52%
Sensex
-7.4%
-0.59
13.01%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
8.88%
EBIT Growth (5y)
19.32%
EBIT to Interest (avg)
-0.81
Debt to EBITDA (avg)
3.16
Net Debt to Equity (avg)
0.88
Sales to Capital Employed (avg)
0.55
Tax Ratio
1.67%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
8.73%
ROCE (avg)
-0.42%
ROE (avg)
1.03%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
10
Price to Book Value
2.45
EV to EBIT
196.76
EV to EBITDA
20.78
EV to Capital Employed
1.77
EV to Sales
3.16
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
0.90%
ROE (Latest)
-5.12%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bullish
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend26What is working for the Company
OPERATING PROFIT TO INTEREST(Q)
Highest at 5.97 times
NET SALES(Q)
Highest at Rs 478.23 cr
PBDIT(Q)
Highest at Rs 142.95 cr.
OPERATING PROFIT TO NET SALES(Q)
Highest at 29.89%
PBT LESS OI(Q)
Highest at Rs 85.55 cr.
PAT(Q)
Highest at Rs 86.91 cr.
EPS(Q)
Highest at Rs 31.04
-4What is not working for the Company
INTEREST(Q)
At Rs 23.94 cr has Grown at 121.46%
DEBT-EQUITY RATIO(HY)
Highest at 0.95 times
Loading Valuation Snapshot...
Here's what is working for Dredging Corpn.
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 85.55 cr has Grown at 643.5% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs -15.74 CrMOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 86.91 cr has Grown at 698.6% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs -14.52 CrMOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Net Sales - Quarterly
At Rs 478.23 cr has Grown at 60.4% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 298.13 CrMOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Operating Profit to Interest - Quarterly
Highest at 5.97 times
in the last five quartersMOJO Watch
The company's ability to manage interest payments is improving
Operating Profit to Interest
Net Sales - Quarterly
Highest at Rs 478.23 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 142.95 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Operating Profit Margin - Quarterly
Highest at 29.89%
in the last five quartersMOJO Watch
Company's efficiency has improved
Operating Profit to Sales
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 85.55 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
Highest at Rs 86.91 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 31.04
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)
Here's what is not working for Dredging Corpn.
Interest - Quarterly
At Rs 23.94 cr has Grown at 121.46%
Quarter on Quarter (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
Debt-Equity Ratio - Half Yearly
Highest at 0.95 times
in the last five half yearly periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
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