Dredging Corporation of India logo

Dredging Corporation of India share price

NSE: DREDGECORPBSE: 523618Engineering ServicesSmall Cap

Last close ₹802.20down ₹16.05 (1.96%)BSE ₹803.10

Share price at the NSE close on 23 Oct 2026. Previous close ₹818.25.

52-week range of traded prices to 23 Oct 2026
₹617.85Low, 27 Oct 2025₹1,286.00High, 4 Jun 2026
Market cap
₹2,246 Cr1,006th largest listed
P/E
57.1
P/B
1.8
Dividend yield
Nonein the last 12 months
ROE
3.2%
ROCE
4.4%
Debt to equity
0.88
Volume, NSE
1,68,56839.3% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

+27.6%over a year

Results20-session average 94,572 shares a day, 41.6% delivered

Results

Standalone; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 4 Aug

Revenue
₹355 Crdown 25.68%
Net profit
₹11 Crdown 87.07%
Net margin
3.2%

Revenue by year

Peak revenue ₹1,208 Cr, year to Mar 2026

Net profit by year, a loss in red

  • Net profit
  • Loss
Back to profit in the year to Mar 2026, ₹4.75 CrA loss in 2 of the 10 years shown
₹ croreSep 2024Filed 13 NovDec 2024Filed 3 FebMar 2025Filed 12 JunJun 2025Filed 13 AugSep 2025Filed 18 NovDec 2025Filed 5 FebMar 2026Filed 19 MayJun 2026Filed 4 Aug
Revenue204324462242212276478355
Net profit−341621−23−34−258711
Net margin−16.4%4.9%4.6%−9.6%−16.1%−8.9%18.2%3.2%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, DREDGING, which carries all its revenue.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to book

At or below today's level on 80% of 1,971 trading days since Nov 2018.

LowestHighest
Its median0.7Industry median1.3
EV to EBITDA12.1

At or below today's level on 47% of 1,813 trading days since Nov 2018.

LowestHighest
Its median13.3Industry median13.6
Dividend yield

At or below today's level on 71% of 2,480 trading days over the last 10 years.

LowestHighest
Its median0.00%Industry median0.87%

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+40.7%––0.0%
3 years+39.5%−27.7%+92.9%0.0%
5 years+15.7%––0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 1, 3 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Who owns it

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

Shareholding by group

  • Promoters73.47%
  • Foreign institutions0.75%
  • Indian institutions7.46%
  • Governments0.04%
  • Individuals and others18.28%
Holder
VISAKHAPATNAM PORT AUTHORITYPromoter19.47%
DEENDAYAL PORT AUTHORITYPromoter18.00%
JAWAHARLAL NEHRU PORT AUTHORITYPromoter18.00%
PARADIP PORT AUTHORITYPromoter18.00%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

5 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before.

Added
1
Cut
1
Held unchanged
3
Fund
Invesco Mutual Fund logoInvesco India PSU Equity FundInvesco Mutual Fund8,61,2515.82%₹79.3 Cr
Invesco Mutual Fund logoInvesco India Infrastructure FundInvesco Mutual Fund4,63,8272.87%₹42.7 Cr
Invesco Mutual Fund logoInvesco India Flexi Cap FundInvesco Mutual Fund1,68,4080.29%₹15.5 Cr
Invesco Mutual Fund logoInvesco India Multi Cap FundInvesco Mutual Fund1,08,8540.23%₹10.0 Cr
WhiteOak Capital Mutual Fund logoWhiteOak Capital Special Opportunities FundWhiteOak Capital Mutual Fund50,4320.24%₹4.64 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Services, 522 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Dredging Corporation of 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
RPSG Ventures logoRPSG VenturesRPSGVENT2,651–1.15.0+18.5%–−5.0%10.8%0.00%
Shankara Buildpro logoShankara BuildproBUILDPRO2,62720.04.811.1––24.1%37.0%0.46%
EFC (I) logoEFC (I)EFCIL2,451–––+42.1%––33.4%0.00%
Gateway Distriparks logoGateway DistriparksGATEWAY2,3499.61.05.5+17.7%−36.1%10.9%11.4%6.91%
Bluspring Enterprises logoBluspring EnterprisesBLUSPRING2,191–3.325.5–––4.7%0.00%
One Point One Solutions logoOne Point One SolutionsONEPOINT1,81940.34.120.5+52.4%+28.9%10.6%9.8%0.00%
TCI Express logoTCI ExpressTCIEXP1,76321.42.213.8+5.2%−0.6%10.4%11.9%1.53%
Teamlease Services logoTeamlease ServicesTEAMLEASE1,61410.9––+4.7%+29.3%15.2%9.3%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.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹3.00 a share, year to Mar 2019.
Ex-dateTypePer share
31 Jul 2019Final₹3.00
3 Aug 2018Final₹2.00
22 Sep 2016Final₹3.00
22 Sep 2015Final₹3.00
11 Sep 2014Final₹3.00
12 Sep 2013Final₹2.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Dredging Corporation of India share price by year

Each calendar year to 2025.Dredging Corporation of India share price history

YearClose at year endChangeHighest closeLowest close
2025997.55+19.6%1,057.00509.80
2024834.25+39.2%1,438.40589.70
2023599.25+54.4%607.80277.40
2022388.10+22.9%444.15250.85
2021315.90−4.7%434.00281.10
2020331.40−0.5%353.80125.80
2019333.05−24.4%469.75301.90
2018440.80−48.4%888.50288.40
2017853.70+123.1%853.70431.00
2016382.65+0.4%452.35293.40
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

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

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026818.25818.25740.00802.20785.311,68,56839.3%
22 Oct 2026825.50837.40812.10818.25822.921,07,61847.7%
21 Oct 2026860.70861.60819.80827.75835.0871,65749.5%
19 Oct 2026898.00898.00849.65861.05872.4456,31354.4%
16 Oct 2026905.00906.90891.00896.45900.2136,44443.2%
15 Oct 2026922.00922.00895.10900.90906.2155,91537.4%
14 Oct 2026908.20928.90905.00916.35915.8952,84534.4%
13 Oct 2026906.00913.00890.70908.20900.8138,77635.8%
12 Oct 2026897.00909.55875.00899.60896.8744,74537.0%
9 Oct 2026907.30913.90881.05884.95894.2359,48141.7%
Prices in ₹ per share as traded, not adjusted.

Company details

Legal name
Dredging Corporation of India Limited
NSE symbol
DREDGECORP
BSE code
523618
ISIN
INE506A01018
Industry
Engineering Services
Listed
Dec 1992 on BSE, Jan 2004 on NSE
Face value
₹10
CIN
L29222DL1976PLC008129
Corporate identity number, the registrar of companies' code for it