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DREDGECORP - Dredging Of India Share Price

₹259.4 4.6  1.8%

Last Trade - 25/09/20

Sector
Industrials
Size
Small Cap
Market Cap £77.1m
Enterprise Value £114.8m
Revenue £76.5m
Position in Universe 784th / 3012
Bullish
Bearish
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Momentum
Relative Strength (%)
1m -12.8%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -37.3%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Mar 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
7,350 6,659 5,851 5,919 6,917 7,497 8,732 +0.4%
+63.3 -46.5 -77.4 +37.6 +337.6 -87.6 +1,103
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the three months ended 30 June 2020, Dredging Corporation of India Ltd. revenues decreased 15% to RS1.67B. Net income applicable to common stockholders increased from RS8.2M to RS114.5M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income reflects Other Expenses decrease of 30% to RS996.7M (expense).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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EPS
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DPS
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Net Profit
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EPS
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Consensus Estimate
1m Change
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Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
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Profile Summary

Dredging Corporation of India Limited is engaged in dredging. The Company is engaged in maintenance dredging, capital dredging, beach nourishment, land reclamation, shallow water dredging, project management consultancy and marine construction. It owns a fleet consisting of approximately three Cutter Suction Dredgers and over 10 Trailer Suction Dredgers. Its Cutter suction Dredgers and Trailer Suction Hopper Dredgers, such as Dredge-XII, Dredge-XIV, Dredge-XVI, Dredge-XVII, Dredge-XIX, Dredge-XX and Dredge-XXI, are capable of reclamation purposes. Its Dredge-XII and Dredge-XIV are capable of shore pumping up to 2,400 meters (m), and Dredge-XVI, Dredge-XVII, Dredge-XIX, Dredge-XX and Dredge-XXI are capable of shore pumping up to 2,500 m and rain bowing facility. Its projects include maintenance dredging of Naval Channel at Ernakulam; capital dredging to deepen the CICTPS, CB 1 and 2 berths and its approaches at Kamarar Port, and dredging in the Vanakbara Creek - Daman Diu.

Directors
Last Annual March 31st, 2020
Last Interim June 30th, 2020
Incorporated March 29, 1976
Public Since August 6, 2001
No. of Shareholders: n/a
No. of Employees: 798
Sector Industrials
Industry Transport Infrastructure
Index
Exchange National Stock Exchange of India
Shares in Issue 27,998,600
Free Float (0.0%)
Eligible for
ISAs
SIPPs
DREDGECORP Share Price Performance
Share Price
Bid - Ask
Low - High
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Day's Change
Avg Volume
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Frequently Asked Questions for Dredging of India
What is the Dredging of India share price?

As of 25/09/20, shares in Dredging of India are trading at ₹259.4, giving the company a market capitalisation of £77.1m. This share price information is delayed by 15 minutes.

How has the Dredging of India share price performed this year?

Shares in Dredging of India are currently trading at ₹259.4 and the price has moved by -25.59% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Dredging of India price has moved by -20.23% over the past year.

What are the analyst and broker recommendations for Dredging of India?

Of the analysts with advisory recommendations for Dredging of India, there are there are currently 0 "buy" , 1 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Dredging of India is Hold. You can view the full broker recommendation list by unlocking its StockReport.

When will Dredging of India next release its financial results?

Dredging of India is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-06-30
What is the Dredging of India dividend yield?

Dredging of India does not currently pay a dividend.

Does Dredging of India pay a dividend?

Dredging of India does not currently pay a dividend.

When does Dredging of India next pay dividends?

Dredging of India does not currently pay a dividend.

How do I buy Dredging of India shares?

To buy shares in Dredging of India you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Dredging of India?

Shares in Dredging of India are currently trading at ₹259.4, giving the company a market capitalisation of £77.1m.

Where are Dredging of India shares listed? Where are Dredging of India shares listed?

Here are the trading details for Dredging of India:

Country of listing: India
Exchange: NSI
Ticker Symbol: DREDGECORP
What kind of share is Dredging of India?

Based on an overall assessment of its quality, value and momentum, Dredging of India is currently classified as a Style Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Dredging of India share price forecast 2020?

Shares in Dredging of India are currently priced at ₹259.4. At that level they are trading at 38.78% discount to the analyst consensus target price of 0.00.

Analysts covering Dredging of India currently have a consensus Earnings Per Share (EPS) forecast of 23.7 for the next financial year.

How can I tell whether the Dredging of India share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Dredging of India. Over the past six months, the relative strength of its shares against the market has been 39.16%. At the current price of ₹259.4, shares in Dredging of India are trading at -2.51% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Dredging of India PE Ratio?

The Dredging of India PE ratio based on its reported earnings over the past 12 months is 44.96. The shares are currently trading at ₹259.4.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Dredging of India?

Dredging of India's management team is headed by:

K. Aswini Sreekanth - CCO
S. Charles - FID
Rajesh Tripathi - CHM
M. Rao - OTH
Shobha Waghmare - NID
Sheila Sangwan - NID
Pradeep Kumar - NED
Leena Nandan - NED
M. Beena - NED
Sumiran Bansal - CFO
Who are the major shareholders of Dredging of India?

Here are the top five shareholders of Dredging of India based on the size of their shareholding:

Vishakapatnam Port Trust Corporation
Percentage owned: 19.47% (5.45m shares)
Paradip Port Trust Corporation
Percentage owned: 18% (5.04m shares)
Jawaharlal Nehru Port trust Corporation
Percentage owned: 18% (5.04m shares)
Deendayal Port Trust Corporation
Percentage owned: 18% (5.04m shares)
Life Insurance Corporation of India Insurance Company
Percentage owned: 4.39% (1.23m shares)
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