Dredging Corpn.

  • Market Cap: Small Cap
  • Industry: Miscellaneous
  • ISIN: INE506A01018
  • NSEID: DREDGECORP
  • BSEID: 523618
INR
1,056.40
-7.55 (-0.71%)
BSENSE

Aug 11

BSE+NSE Vol: 28.91 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Comparison
Company
Score
Quality
Valuation
Financial
Technical
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Dredging Corpn.
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Why is Dredging Corporation of India Ltd ?
1
Weak Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 1.70%
  • Poor long term growth as Net Sales has grown by an annual rate of 9.61% over the last 5 years
  • Low ability to service debt as the company has a high Debt to EBITDA ratio of 10.50 times
2
With a growth in Operating Profit of 321.29%, the company declared Very Positive results in Mar 26
  • OPERATING PROFIT TO INTEREST(Q) Highest at 5.97 times
  • NET SALES(Q) Highest at Rs 478.23 cr
  • PBDIT(Q) Highest at Rs 142.95 cr.
3
Stock is technically in a Bullish range
  • The technical trend has improved from Mildly Bullish on 20-May-26 and has generated -1.17% returns since then
  • Multiple factors for the stock are Bullish like MACD, Bollinger Band, KST and OBV
4
With ROCE of 0.9, it has a Fair valuation with a 1.9 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 45.97%, its profits have risen by 110.5% ; the PEG ratio of the company is 5.6
stock-recommendationReal-Time Research Report
Verdict Report
How much should you sell?
  1. 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, High Return

Absolute
Risk Adjusted
Volatility
Dredging Corpn.
62.64%
0.79
58.33%
Sensex
-3.09%
-0.50
12.94%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors
Factor
Value
Sales Growth (5y)
13.06%
EBIT Growth (5y)
20.53%
EBIT to Interest (avg)
1.00
Debt to EBITDA (avg)
3.16
Net Debt to Equity (avg)
0.88
Sales to Capital Employed (avg)
0.55
Tax Ratio
4.72%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
7.74%
ROCE (avg)
-0.42%
ROE (avg)
1.03%
stock-recommendationValuation
Valuation Scorecard stock-summary
stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary
Factor
Value
P/E Ratio
76
Industry P/E
7
Price to Book Value
2.63
EV to EBIT
38.65
EV to EBITDA
15.16
EV to Capital Employed
1.87
EV to Sales
3.01
PEG Ratio
0.37
Dividend Yield
NA
ROCE (Latest)
0.90%
ROE (Latest)
3.47%
Loading Valuation Snapshot...
stock-recommendationTechnicals
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
No Trend
Mildly Bearish
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend
Financial Trend Scorecard stock-summary
stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

19What is working for the Company
PBT LESS OI(Q)

At Rs 10.47 cr has Grown at 5070.4% (vs previous 4Q average

PAT(Q)

At Rs 11.24 cr has Grown at 842.6% (vs previous 4Q average

OPERATING PROFIT TO INTEREST(Q)

Highest at 6.26 times

-2What is not working for the Company
DEBT-EQUITY RATIO(HY)

Highest at 0.95 times

Loading Valuation Snapshot...
Here's what is working for Dredging Corpn.
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 10.47 cr has Grown at 5070.4% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 0.20 Cr
MOJO Watch
Near term PBT trend is very positive

PBT less Other Income (Rs Cr)

Profit After Tax (PAT) - Quarterly
At Rs 11.24 cr has Grown at 842.6% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 1.19 Cr
MOJO Watch
Near term PAT trend is very positive

PAT (Rs Cr)

Operating Profit to Interest - Quarterly
Highest at 6.26 times
in the last five quarters
MOJO Watch
The company's ability to manage interest payments is improving

Operating Profit to Interest

Here's what is not working for Dredging Corpn.
Debt-Equity Ratio - Half Yearly
Highest at 0.95 times
in the last five half yearly periods
MOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed

Debt-Equity Ratio