Dolphin Offshore Enterprises (India) logo

Dolphin Offshore Enterprises (India) share price

NSE: DOLPHINBSE: 522261OilSmall Cap

Last close ₹554.05down ₹34.15 (5.81%)BSE ₹552.80

Share price at the NSE close on 23 Oct 2026. Previous close ₹588.20.

52-week range of traded prices to 23 Oct 2026
₹322.00Low, 10 Dec 2025₹749.50High, 23 Sep 2026
Market cap
₹2,216 Cr1,247th largest listed
P/E
30.8
P/B
6.3
Dividend yield
Nonein the last 12 months
ROE
23.0%
ROCE
11.5%
Debt to equity
0.58
Volume, NSE
31,78245.5% delivered

Share price

Daily closes since Aug 2023, BSE closes Jan 2007 to Jul 2010 and Nov 2012 to Apr 2018, adjusted for splits and bonuses. Earlier closes are left out: on 21 Aug 2023 the price changed in a way no corporate action on record explains.

+46.9%over a year

Results20-session average 40,844 shares a day, 51.1% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter. No consolidated results on record for the years to Mar 2019, Mar 2020, Mar 2021 and Mar 2022.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 24 Jul

Revenue
₹43 Crdown 5.53%
Net profit
₹15 Crdown 47.70%
Net margin
34.6%

Revenue by year

Peak revenue ₹208 Cr, year to Mar 2017

Net profit by year, a loss in red

  • Net profit
  • Loss
A loss in 1 of the 6 years with results on record
₹ croreSep 2024Filed 28 NovDec 2024Filed 28 JanMar 2025Filed 10 JunJun 2025Filed 22 JulSep 2025Filed 1 NovDec 2025Filed 29 JanMar 2026Filed 5 MayJun 2026Filed 24 Jul
Revenue16.728.520.416.424.630.045.442.8
Net profit12.915.610.411.315.613.328.314.8
Net margin77.2%54.6%51.1%68.9%63.4%44.2%62.5%34.6%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, Oil and Gas Offshore Support Services, which carries all its revenue.

Valuation

Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record.PE ratio and valuation history

Price to earnings

At or below today's level on 24% of 664 trading days over the last 3 years.

LowestHighest
Its median34.9Industry median12.5
Price to book

At or below today's level on 55% of 617 trading days over the last 3 years.

LowestHighest
Its median6.0Industry median1.3
EV to EBITDA29.4

At or below today's level on 33% of 532 trading days over the last 3 years.

LowestHighest
Its median33.0Industry median7.8

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+36.9%+47.4%−7.1%0.0%
Longer windows are left empty: a corporate action or price step on 2023-08-21 that cannot be sized sits inside this window.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters74.99%
  • Foreign institutions4.63%
  • Indian institutions0.31%
  • Individuals and others20.07%
Holder
Deep Onshore Services Private LimitedPromoter74.99%
Krishang Vaibhav ShahResident individuals, over ₹2 lakh at face value4.00%
Unico Global Opportunities Fund LimitedForeign portfolio investors, category I2.83%
Pushpaben GadhechaResident individuals, over ₹2 lakh at face value2.35%
Ebisu Global Opportunities Fund LimitedForeign portfolio investors, category I1.74%
Bela Himanshu ShahResident individuals, over ₹2 lakh at face value1.50%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Peers and competitors

Oil, 22 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Dolphin Offshore Enterprises (India) in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Vedanta Oil and Gas logoVedanta Oil and GasVOGL10,625–––––––0.00%
Deep Industries logoDeep IndustriesDEEPINDS4,31420.92.211.7+48.8%–10.8%13.8%0.37%
Antelopus Selan Energy logoAntelopus Selan EnergyANTELOPUS4,01030.26.117.7+46.5%+98.0%23.6%27.6%0.00%
Prabha Energy logoPrabha EnergyPRABHA2,5572,329.6––––0.3%−0.1%0.00%
Hindustan Oil Exploration Company logoHindustan Oil Exploration CompanyHINDOILEXP2,11884.41.529.7−17.8%−83.2%1.9%−0.1%0.00%
Asian Energy Services logoAsian Energy ServicesASIANENE1,940–––+82.0%––13.2%0.31%
Jindal Drilling and Industries logoJindal Drilling and IndustriesJINDRILL1,4967.80.84.3+11.7%−19.5%11.2%10.1%0.19%
Gujarat Natural Resources logoGujarat Natural ResourcesGNRL1,34969.8––+93.6%–––0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Latest announcements

Routine notices left out.Share news and announcements

Dolphin Offshore Enterprises (India) share price by year

Each calendar year to 2025.Dolphin Offshore Enterprises (India) share price history

YearClose at year endChangeHighest closeLowest close
2025479.20−16.6%569.40205.40
2024574.35+348.0%903.55130.76
2023128.20–128.2011.45
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2023 is from its first session, 21 Aug 2023.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026602.00602.00547.95554.05558.9031,78245.5%
22 Oct 2026576.25611.00567.05588.20583.1853,43446.7%
21 Oct 2026621.00633.70585.55595.80605.7052,94965.5%
19 Oct 2026665.35665.35622.50630.55640.5217,01649.5%
16 Oct 2026633.50658.95633.50652.40649.3231,47252.5%
15 Oct 2026621.00643.20621.00634.15630.8930,15456.4%
14 Oct 2026634.40649.40630.00632.15636.2916,39252.1%
13 Oct 2026638.90643.30632.05637.65637.8811,37359.6%
12 Oct 2026640.05655.20640.00644.95643.7740,50984.5%
9 Oct 2026647.60651.45614.00640.05639.4162,92155.8%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Stock split history

Ex-dateEventPrice factorWhat happened
25 Jan 2024Split0.1000Each share became 10.
21 Aug 2023Price move–Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown.
29 Jun 2009Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
11 Jan 2007Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Where an event has no factor that can be worked out, the chart leaves out the closes before it. Any other event is noted and not adjusted for.

Company details

Legal name
Dolphin Offshore Enterprises (India) Limited
NSE symbol
DOLPHIN
BSE code
522261
ISIN
INE920A01037
Industry
Oil
Listed
Dec 1994 on BSE, Jul 2010 on NSE
Face value
₹1
Former symbols
DOLPHINOFF
CIN
L11101MH1979PLC021302
Corporate identity number, the registrar of companies' code for it