ScoreWhy is Dolphin Offshore Enterprises (India) Ltd ?
1
Poor Management Efficiency with a low ROCE of 7.50%
- The company has been able to generate a Return on Capital Employed (avg) of 7.50% signifying low profitability per unit of total capital (equity and debt)
2
Strong ability to service debt as the company has a low Debt to EBITDA ratio of 1.32 times
3
Healthy long term growth as Net Sales has grown by an annual rate of 324.20% and Operating profit at 269.12%
4
Positive results in Mar 26
- ROCE(HY) Highest at 13.32%
- DEBTORS TURNOVER RATIO(HY) Highest at 0.50 times
- NET SALES(Q) Highest at Rs 45.36 cr
5
Stock is technically in a Mildly Bearish range
- The technical trend has deteriorated from Mildly Bullish on 20-May-26
- Multiple factors for the stock are Bearish like RSI, Bollinger Band and KST
6
With ROCE of 11.1, it has a Very Expensive valuation with a 3.5 Enterprise value to Capital Employed
- Over the past year, while the stock has generated a return of 12.07%, its profits have risen by 47% ; the PEG ratio of the company is 0.5
7
Despite the size of the company, domestic mutual funds hold only 0% of the company
- Domestic mutual funds have capability to do in-depth on-the-ground research on companies- their small stake may signify either they are not comfortable at the price or the business
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Dolphin Offshore should be less than 10%
- Overall Portfolio exposure to Oil should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Oil)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Dolphin Offshore for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Dolphin Offshore
69.35%
0.20
61.07%
Sensex
-11.8%
-0.49
12.94%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
218.05%
EBIT Growth (5y)
511.15%
EBIT to Interest (avg)
5.17
Debt to EBITDA (avg)
0.93
Net Debt to Equity (avg)
0.45
Sales to Capital Employed (avg)
0.12
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
4.89%
ROCE (avg)
4.84%
ROE (avg)
10.78%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
36
Industry P/E
13
Price to Book Value
7.29
EV to EBIT
42.81
EV to EBITDA
33.32
EV to Capital Employed
5.33
EV to Sales
19.15
PEG Ratio
0.83
Dividend Yield
NA
ROCE (Latest)
11.06%
ROE (Latest)
19.39%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
Bearish
Bollinger Bands
Mildly Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Mildly Bearish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
No Trend
Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend28What is working for the Company
PAT(Latest six months)
At Rs 43.14 cr has Grown at 98.07%
ROCE(HY)
Highest at 13.32%
DEBTORS TURNOVER RATIO(HY)
Highest at 0.50 times
NET SALES(Q)
At Rs 42.85 cr has Grown at 47.2% (vs previous 4Q average
PBDIT(Q)
Highest at Rs 25.31 cr.
PBT LESS OI(Q)
Highest at Rs 16.46 cr.
-8What is not working for the Company
INTEREST(Latest six months)
At Rs 8.83 cr has Grown at 27.97%
PAT(Q)
At Rs 14.81 cr has Fallen at -13.6% (vs previous 4Q average
Loading Valuation Snapshot...
Here's what is working for Dolphin Offshore
Net Sales - Quarterly
At Rs 42.85 cr has Grown at 47.2% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 29.11 CrMOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 16.46 cr has Grown at 54.9% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 10.63 CrMOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Debtors Turnover Ratio- Half Yearly
Highest at 0.50 times and Grown
each half year in the last five half yearly periodsMOJO Watch
Company has been able to settle its Debtors faster
Debtors Turnover Ratio
Operating Profit (PBDIT) - Quarterly
Highest at Rs 25.31 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 16.46 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Here's what is not working for Dolphin Offshore
Profit After Tax (PAT) - Quarterly
At Rs 14.81 cr has Fallen at -13.6% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 17.14 CrMOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Interest - Latest six months
At Rs 8.83 cr has Grown at 27.97%
over previous Half yearly periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
