ScoreWhy is Dredging Corporation of India Ltd ?
1
Poor Management Efficiency with a low ROCE of 1.72%
- The company has been able to generate a Return on Capital Employed (avg) of 1.72% signifying low profitability per unit of total capital (equity and debt)
2
Low ability to service debt as the company has a high Debt to EBITDA ratio of 3.12 times
- Poor long term growth as Net Sales has grown by an annual rate of 11.41% over the last 5 years
- Low ability to service debt as the company has a high Debt to EBITDA ratio of 3.12 times
- The company has been able to generate a Return on Equity (avg) of 0.83% signifying low profitability per unit of shareholders funds
3
Healthy long term growth as Operating profit has grown by an annual rate 35.26%
4
Negative results in Sep 25
- INTEREST(9M) At Rs 71.29 cr has Grown at 95.74%
- NET SALES(Q) At Rs 211.79 cr has Fallen at -31.3% (vs previous 4Q average)
- PBT LESS OI(Q) At Rs -34.41 cr has Fallen at -138.1% (vs previous 4Q average)
5
With ROCE of 2.3, it has a Attractive valuation with a 1.6 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 -7.68%, its profits have risen by 81.6%
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, Low Return
Absolute
Risk Adjusted
Volatility
Dredging Corpn.
-8.43%
-0.14
54.59%
Sensex
4.81%
0.41
11.83%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
11.41%
EBIT Growth (5y)
35.26%
EBIT to Interest (avg)
-0.96
Debt to EBITDA (avg)
1.71
Net Debt to Equity (avg)
0.81
Sales to Capital Employed (avg)
0.54
Tax Ratio
9.08%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
6.85%
ROCE (avg)
-1.45%
ROE (avg)
0.83%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
10
Price to Book Value
2.07
EV to EBIT
69.89
EV to EBITDA
16.61
EV to Capital Employed
1.59
EV to Sales
2.69
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
2.28%
ROE (Latest)
-1.37%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Mildly Bearish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bullish
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend7What is working for the Company
NET SALES(9M)
At Rs 916.44 cr has Grown at 44.73%
CASH AND CASH EQUIVALENTS(HY)
Highest at Rs 124.75 cr
DEBTORS TURNOVER RATIO(HY)
Highest at 8.43 times
-21What is not working for the Company
INTEREST(9M)
At Rs 71.29 cr has Grown at 95.74%
NET SALES(Q)
At Rs 211.79 cr has Fallen at -31.3% (vs previous 4Q average
PBT LESS OI(Q)
At Rs -34.41 cr has Fallen at -138.1% (vs previous 4Q average
PAT(Q)
At Rs -34.18 cr has Fallen at -264.6% (vs previous 4Q average
OPERATING CF(Y)
Lowest at Rs 111.95 Cr
DEBT-EQUITY RATIO(HY)
Highest at 0.92 times
EPS(Q)
Lowest at Rs -12.21
Loading Valuation Snapshot...
Here's what is working for Dredging Corpn.
Cash and Cash Equivalents - Half Yearly
Highest at Rs 124.75 cr
in the last six half yearly periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Debtors Turnover Ratio- Half Yearly
Highest at 8.43 times
in the last five half yearly periodsMOJO Watch
Company has been able to settle its Debtors faster
Debtors Turnover Ratio
Here's what is not working for Dredging Corpn.
Interest - Latest six months
At Rs 54.21 cr has Grown at 84.89%
over previous Half yearly periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
Net Sales - Quarterly
At Rs 211.79 cr has Fallen at -31.3% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 308.40 CrMOJO Watch
Near term sales trend is very negative
Net Sales (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs -34.41 cr has Fallen at -138.1% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs -14.45 CrMOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs -34.18 cr has Fallen at -264.6% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs -9.37 CrMOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Operating Cash Flow - Annually
Lowest at Rs 111.95 Cr
in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (Rs Cr)
Earnings per Share (EPS) - Quarterly
Lowest at Rs -12.21
in the last five quartersMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (Rs)
Debt-Equity Ratio - Half Yearly
Highest at 0.92 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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