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(Latest six months) At Rs 54.21 cr has Grown at 84.89%
- 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 -8.19%, its profits have risen by 81.6%
Real-Time Research ReportHow much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Miscellaneous)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Dredging Corpn. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Dredging Corpn.
47.83%
-0.15
54.57%
Sensex
-4.3%
0.44
11.83%
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
8.75%
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
2.11
EV to EBIT
176.89
EV to EBITDA
18.68
EV to Capital Employed
1.59
EV to Sales
2.84
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
Mildly Bearish
Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly 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 Trend0What is working for the Company
NO KEY POSITIVE TRIGGERS
-12What is not working for the Company
PBT LESS OI(Q)
At Rs -26.08 cr has Fallen at -191.2% (vs previous 4Q average
PAT(Q)
At Rs -24.63 cr has Fallen at -521.3% (vs previous 4Q average
INTEREST(9M)
At Rs 65.02 cr has Grown at 39.95%
NET SALES(Q)
At Rs 276.08 cr has Fallen at -11.0% (vs previous 4Q average
DEBT-EQUITY RATIO(HY)
Highest at 0.95 times
Loading Valuation Snapshot...
Here's what is not working for Dredging Corpn.
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs -26.08 cr has Fallen at -191.2% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs -8.96 CrMOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs -24.63 cr has Fallen at -521.3% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs -3.96 CrMOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Net Sales - Quarterly
At Rs 276.08 cr has Fallen at -11.0% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 310.22 CrMOJO Watch
Near term sales trend is very negative
Net Sales (Rs Cr)
Interest - Nine Monthly
At Rs 65.02 cr has Grown at 39.95%
over preceding nine months periodMOJO 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
