Dredging Corporation of India Ltd

NSE: DREDGECORP BSE: 523618

₹900.90

-15.45 (1.69%)

Thu, 22 Oct 2026, 10:56 pm

MTF 5xInvest in Dredging Corporation of India Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)2568.16

PE Ratio64.13

Dividend0

Transportation

Marine Shipping

24.5K

Dredging Corporation of India Balance Sheet

Income Statement Balance Sheet Cashflow

Particulars	Mar 2006	Mar 2007	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-29.09M	-20.97M	-13.00M	—	-1.03M	0	0	-14.69M	-115.79M	-263.69M	-176.11M	-189.41M	-190.08M	-184.53M	-171.79M	-186.63M	-115.66M	-220.40M	-279.12M	-375.80M
Pretax equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total assets	12.78B	14.32B	15.25B	16.04B	16.05B	15.77B	19.19B	25.02B	31.36B	28.13B	28.29B	26.66B	26.90B	24.60B	24.68B	22.64B	23.07B	23.26B	23.95B	26.47B
Total current assets	9.14B	9.77B	9.33B	10.23B	10.22B	8.89B	8.40B	9.76B	8.83B	8.75B	8.52B	8.24B	8.21B	7.29B	8.05B	6.42B	6.07B	5.77B	5.21B	5.96B
Cash and short term investments	4.72B	3.99B	2.73B	3.32B	2.43B	2.35B	783.15M	283.50M	565.35M	1.18B	1.32B	701.19M	771.13M	887.91M	701.79M	485.90M	941.45M	314.66M	502.80M	481.37M
Cash & equivalents	90.33M	143.94M	134.09M	158.04M	527.94M	454.64M	103.16M	193.50M	565.35M	1.18B	1.32B	701.19M	771.13M	887.91M	701.79M	485.90M	941.45M	314.66M	236.85M	123.28M
Short term investments	4.63B	3.84B	2.60B	3.16B	1.91B	1.90B	680.00M	90.00M	0	0	0	0	0	0	0	0	0	0	265.95M	358.10M
Total receivables, net	2.80B	4.00B	5.79B	5.37B	5.93B	4.88B	6.56B	8.16B	5.74B	4.91B	4.12B	4.49B	3.97B	3.46B	4.04B	3.01B	2.23B	2.80B	1.90B	2.69B
Accounts receivable - trade, net	1.96B	2.30B	2.97B	3.09B	5.13B	4.22B	5.01B	4.72B	4.86B	3.73B	3.87B	3.28B	2.95B	2.55B	2.51B	2.02B	2.10B	2.67B	1.75B	2.52B
Other receivables	840.16M	1.70B	2.82B	2.28B	794.72M	653.35M	1.55B	3.44B	879.18M	1.18B	254.83M	1.20B	1.02B	910.30M	1.52B	995.01M	135.00M	130.64M	147.50M	165.72M
Total inventory	104.76M	225.90M	295.60M	817.88M	894.51M	918.67M	976.62M	1.16B	1.14B	1.08B	1.91B	2.86B	2.86B	1.97B	2.30B	2.04B	1.93B	1.66B	1.62B	1.66B
Other current assets, total	272.13M	65.33M	63.98M	53.60M	72.82M	74.10M	35.59M	130.48M	206.77M	244.40M	1.15B	169.06M	156.83M	961.09M	1.00B	873.97M	957.09M	987.72M	1.18B	1.13B
Total non-current assets	3.63B	4.55B	5.92B	5.81B	5.84B	6.88B	10.79B	15.26B	22.53B	19.38B	19.77B	18.43B	18.69B	17.30B	16.63B	16.22B	17.00B	17.49B	18.74B	20.51B
Long term investments	55.00M	145.00M	245.00M	300.00M	300.00M	300.00M	343.19M	328.95M	459.76M	386.67M	37.50M	37.50M	37.50M	37.50M	0	0	0	0	0	0
Note receivable - long term	—	—	—	—	—	0	43.18M	28.95M	0	0	0	0	0	—	—	—	—	—	—	—
Investments in unconsolidated subsidiaries	—	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other investments	55.00M	145.00M	245.00M	300.00M	300.00M	300.00M	300.00M	300.00M	459.76M	386.67M	37.50M	37.50M	37.50M	37.50M	0	0	0	0	0	0
Net property/plant/equipment	3.58B	4.40B	5.67B	5.51B	5.54B	6.58B	5.82B	10.30B	21.88B	18.97B	19.66B	18.36B	18.62B	17.26B	16.63B	16.21B	16.10B	16.51B	17.74B	19.26B
Gross property/plant/equipment	8.73B	9.92B	11.59B	11.95B	12.64B	14.38B	14.49B	19.88B	32.74B	30.76B	20.60B	32.06B	33.12B	32.76B	33.30B	34.15B	34.17B	36.08B	38.72B	—
Deferred tax assets	—	—	—	—	—	—	—	—	0	0	0	0	—	—	—	—	—	—	—	—
Net intangible assets	—	—	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Goodwill, net	—	—	—	—	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other intangibles, net	—	—	—	—	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other long term assets, total	0	0	0	0	0	0	4.63B	4.62B	190.67M	27.37M	71.16M	29.42M	28.92M	3.85M	4.69M	5.06M	5.06M	5.12M	5.15M	5.15M
Short term debt	162.29M	136.25M	110.21M	55.10M	0	0	9.47M	8.19M	18.43M	1.17B	1.28B	1.18B	1.37B	1.32B	1.81B	1.42B	3.01B	2.68B	2.46B	2.54B
Current portion of LT debt and capital leases	162.29M	136.25M	110.21M	55.10M	0	0	0	0	0	1.16B	1.28B	1.18B	1.37B	1.32B	1.40B	1.33B	2.04B	728.09M	972.71M	1.25B
Short term debt excl. current portion of LT debt	0	0	0	0	0	0	9.47M	8.19M	18.43M	12.95M	0	0	0	477.00K	406.61M	91.51M	973.33M	1.95B	1.49B	1.29B
Accounts payable	126.48M	278.03M	456.20M	709.85M	592.79M	311.81M	308.01M	897.99M	505.84M	611.62M	673.90M	2.11B	1.80B	1.26B	1.30B	2.90B	3.75B	4.12B	2.65B	2.41B
Income tax payable	641.59M	806.75M	395.63M	346.22M	404.58M	311.57M	354.32M	364.14M	389.35M	385.76M	21.60M	18.89M	477.76M	6.95M	4.65M	5.89M	6.67M	—	—	—
Long term debt	301.56M	165.31M	55.10M	0	0	0	2.60B	7.20B	12.56B	9.23B	8.85B	7.00B	6.72B	5.20B	4.12B	2.94B	692.93M	1.13B	3.12B	6.69B
Long term debt excl. lease liabilities	301.56M	165.31M	55.10M	0	0	0	2.60B	7.20B	12.56B	9.23B	8.85B	7.00B	6.72B	5.20B	4.12B	2.94B	692.93M	1.13B	3.12B	6.69B
Total equity	9.93B	11.33B	12.39B	12.69B	13.29B	13.69B	13.82B	13.96B	14.23B	14.74B	15.02B	15.21B	15.44B	15.75B	15.70B	13.95B	14.07B	12.29B	12.55B	12.21B
Shareholders' equity	9.93B	11.33B	12.39B	12.69B	13.29B	13.69B	13.82B	13.96B	14.23B	14.74B	15.02B	15.21B	15.44B	15.75B	15.70B	13.95B	14.07B	12.29B	12.55B	12.21B
Common equity, total	9.93B	11.33B	12.39B	12.69B	13.29B	13.69B	13.82B	13.96B	14.23B	14.74B	15.02B	15.21B	15.44B	15.75B	15.70B	13.95B	14.07B	12.29B	12.55B	12.21B
Other common equity	9.65B	11.05B	12.11B	12.41B	13.01B	13.41B	13.54B	13.68B	6.52B	6.82B	7.16B	5.05B	5.11B	5.22B	5.30B	5.30B	5.33B	5.38B	5.49B	5.49B
Total debt	463.85M	301.56M	165.31M	55.10M	0	0	2.61B	7.21B	12.57B	10.40B	10.13B	8.18B	8.09B	6.52B	5.93B	4.36B	3.70B	3.81B	5.58B	9.23B
Net debt	-4.26B	-3.68B	-2.57B	-3.26B	-2.43B	-2.35B	1.83B	6.93B	12.01B	9.22B	8.82B	7.48B	7.32B	5.63B	5.23B	3.87B	2.76B	3.50B	5.08B	8.75B
Change in accounts receivable	-536.54M	-1.00B	-668.72M	-123.57M	-672.40M	1.03B	-62.00M	-1.57B	1.07B	-75.60M	80.80M	1.09B	681.62M	104.68M	-247.89M	-86.80M	-73.55M	243.76M	186.73M	-174.03M
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	486.24M	133.12M	470.56M	734.70M	-513.80M	-1.09B	80.10M	427.10M	-234.00M	-119.90M	207.20M	-101.03M	-412.50M	-713.87M	1.28B	1.51B	983.20M	1.02B	-1.48B	-242.28M
Change in other assets/liabilities	-26.12M	0	-1.14B	575.91M	0	0	—	0	244.00M	989.30M	409.80M	-505.80M	-638.43M	976.22M	-815.05M	105.23M	-212.79M	-97.20M	162.31M	120.61M
Sale of fixed assets & businesses	175.00K	345.00K	38.00K	6.00K	0	0	0	0	48.20M	0	0	0	0	1.53M	15.13M	0	200.80M	0	0	0
Purchase/sale of investments, net	-45.00M	-90.00M	-100.00M	-55.00M	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Sale/maturity of investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Purchase of investments	-45.00M	-90.00M	-100.00M	-55.00M	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other investing cash flow items, total	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-1.00K	0	0	0	0	0
Issuance/retirement of debt, net	-162.29M	-162.29M	-136.25M	-110.21M	-55.10M	0	2.60B	5.17B	5.00B	-1.32B	-1.17B	-1.31B	-1.27B	-1.38B	-1.32B	-1.46B	-1.47B	-163.33M	1.47B	3.85B
Issuance/retirement of long term debt	-162.29M	-162.29M	-136.25M	-110.21M	-55.10M	0	2.60B	5.17B	5.00B	-1.32B	-1.17B	-1.31B	-1.27B	-1.38B	-1.32B	-1.46B	-1.47B	-163.33M	1.47B	3.85B
Issuance/retirement of short term debt	0	0	0	0	0	0	—	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—	0	0	0	—	—	—	—	—	—	—
Total cash dividends paid	-392.00M	-420.00M	-462.01M	-210.01M	-140.00M	-84.00M	0	0	-65.50M	-98.30M	-101.10M	-101.10M	0	-67.51M	-101.27M	0	0	0	0	0
Other financing cash flow items, total	-54.98M	-58.91M	-78.52M	-35.69M	-23.80M	-14.00M	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Particulars	Mar 2006	Mar 2007	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-29.09M	-20.97M	-13.00M	—	-1.03M	0	0	-14.69M	-115.79M	-263.69M	-176.11M	-189.41M	-190.08M	-184.53M	-171.79M	-186.63M	-115.66M	-220.40M	-279.12M	-375.80M
Pretax equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total assets	12.78B	14.32B	15.25B	16.04B	16.05B	15.77B	19.19B	25.02B	31.36B	28.13B	28.29B	26.66B	26.90B	24.60B	24.68B	22.64B	23.07B	23.26B	23.95B	26.47B
Total current assets	9.14B	9.77B	9.33B	10.23B	10.22B	8.89B	8.40B	9.76B	8.83B	8.75B	8.52B	8.24B	8.21B	7.29B	8.05B	6.42B	6.07B	5.77B	5.21B	5.96B
Cash and short term investments	4.72B	3.99B	2.73B	3.32B	2.43B	2.35B	783.15M	283.50M	565.35M	1.18B	1.32B	701.19M	771.13M	887.91M	701.79M	485.90M	941.45M	314.66M	502.80M	481.37M
Cash & equivalents	90.33M	143.94M	134.09M	158.04M	527.94M	454.64M	103.16M	193.50M	565.35M	1.18B	1.32B	701.19M	771.13M	887.91M	701.79M	485.90M	941.45M	314.66M	236.85M	123.28M
Short term investments	4.63B	3.84B	2.60B	3.16B	1.91B	1.90B	680.00M	90.00M	0	0	0	0	0	0	0	0	0	0	265.95M	358.10M
Total receivables, net	2.80B	4.00B	5.79B	5.37B	5.93B	4.88B	6.56B	8.16B	5.74B	4.91B	4.12B	4.49B	3.97B	3.46B	4.04B	3.01B	2.23B	2.80B	1.90B	2.69B
Accounts receivable - trade, net	1.96B	2.30B	2.97B	3.09B	5.13B	4.22B	5.01B	4.72B	4.86B	3.73B	3.87B	3.28B	2.95B	2.55B	2.51B	2.02B	2.10B	2.67B	1.75B	2.52B
Other receivables	840.16M	1.70B	2.82B	2.28B	794.72M	653.35M	1.55B	3.44B	879.18M	1.18B	254.83M	1.20B	1.02B	910.30M	1.52B	995.01M	135.00M	130.64M	147.50M	165.72M
Total inventory	104.76M	225.90M	295.60M	817.88M	894.51M	918.67M	976.62M	1.16B	1.14B	1.08B	1.91B	2.86B	2.86B	1.97B	2.30B	2.04B	1.93B	1.66B	1.62B	1.66B
Other current assets, total	272.13M	65.33M	63.98M	53.60M	72.82M	74.10M	35.59M	130.48M	206.77M	244.40M	1.15B	169.06M	156.83M	961.09M	1.00B	873.97M	957.09M	987.72M	1.18B	1.13B
Total non-current assets	3.63B	4.55B	5.92B	5.81B	5.84B	6.88B	10.79B	15.26B	22.53B	19.38B	19.77B	18.43B	18.69B	17.30B	16.63B	16.22B	17.00B	17.49B	18.74B	20.51B
Long term investments	55.00M	145.00M	245.00M	300.00M	300.00M	300.00M	343.19M	328.95M	459.76M	386.67M	37.50M	37.50M	37.50M	37.50M	0	0	0	0	0	0
Note receivable - long term	—	—	—	—	—	0	43.18M	28.95M	0	0	0	0	0	—	—	—	—	—	—	—
Investments in unconsolidated subsidiaries	—	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other investments	55.00M	145.00M	245.00M	300.00M	300.00M	300.00M	300.00M	300.00M	459.76M	386.67M	37.50M	37.50M	37.50M	37.50M	0	0	0	0	0	0
Net property/plant/equipment	3.58B	4.40B	5.67B	5.51B	5.54B	6.58B	5.82B	10.30B	21.88B	18.97B	19.66B	18.36B	18.62B	17.26B	16.63B	16.21B	16.10B	16.51B	17.74B	19.26B
Gross property/plant/equipment	8.73B	9.92B	11.59B	11.95B	12.64B	14.38B	14.49B	19.88B	32.74B	30.76B	20.60B	32.06B	33.12B	32.76B	33.30B	34.15B	34.17B	36.08B	38.72B	—
Deferred tax assets	—	—	—	—	—	—	—	—	0	0	0	0	—	—	—	—	—	—	—	—
Net intangible assets	—	—	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Goodwill, net	—	—	—	—	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other intangibles, net	—	—	—	—	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other long term assets, total	0	0	0	0	0	0	4.63B	4.62B	190.67M	27.37M	71.16M	29.42M	28.92M	3.85M	4.69M	5.06M	5.06M	5.12M	5.15M	5.15M
Short term debt	162.29M	136.25M	110.21M	55.10M	0	0	9.47M	8.19M	18.43M	1.17B	1.28B	1.18B	1.37B	1.32B	1.81B	1.42B	3.01B	2.68B	2.46B	2.54B
Current portion of LT debt and capital leases	162.29M	136.25M	110.21M	55.10M	0	0	0	0	0	1.16B	1.28B	1.18B	1.37B	1.32B	1.40B	1.33B	2.04B	728.09M	972.71M	1.25B
Short term debt excl. current portion of LT debt	0	0	0	0	0	0	9.47M	8.19M	18.43M	12.95M	0	0	0	477.00K	406.61M	91.51M	973.33M	1.95B	1.49B	1.29B
Accounts payable	126.48M	278.03M	456.20M	709.85M	592.79M	311.81M	308.01M	897.99M	505.84M	611.62M	673.90M	2.11B	1.80B	1.26B	1.30B	2.90B	3.75B	4.12B	2.65B	2.41B
Income tax payable	641.59M	806.75M	395.63M	346.22M	404.58M	311.57M	354.32M	364.14M	389.35M	385.76M	21.60M	18.89M	477.76M	6.95M	4.65M	5.89M	6.67M	—	—	—
Long term debt	301.56M	165.31M	55.10M	0	0	0	2.60B	7.20B	12.56B	9.23B	8.85B	7.00B	6.72B	5.20B	4.12B	2.94B	692.93M	1.13B	3.12B	6.69B
Long term debt excl. lease liabilities	301.56M	165.31M	55.10M	0	0	0	2.60B	7.20B	12.56B	9.23B	8.85B	7.00B	6.72B	5.20B	4.12B	2.94B	692.93M	1.13B	3.12B	6.69B
Total equity	9.93B	11.33B	12.39B	12.69B	13.29B	13.69B	13.82B	13.96B	14.23B	14.74B	15.02B	15.21B	15.44B	15.75B	15.70B	13.95B	14.07B	12.29B	12.55B	12.21B
Shareholders' equity	9.93B	11.33B	12.39B	12.69B	13.29B	13.69B	13.82B	13.96B	14.23B	14.74B	15.02B	15.21B	15.44B	15.75B	15.70B	13.95B	14.07B	12.29B	12.55B	12.21B
Common equity, total	9.93B	11.33B	12.39B	12.69B	13.29B	13.69B	13.82B	13.96B	14.23B	14.74B	15.02B	15.21B	15.44B	15.75B	15.70B	13.95B	14.07B	12.29B	12.55B	12.21B
Other common equity	9.65B	11.05B	12.11B	12.41B	13.01B	13.41B	13.54B	13.68B	6.52B	6.82B	7.16B	5.05B	5.11B	5.22B	5.30B	5.30B	5.33B	5.38B	5.49B	5.49B
Total debt	463.85M	301.56M	165.31M	55.10M	0	0	2.61B	7.21B	12.57B	10.40B	10.13B	8.18B	8.09B	6.52B	5.93B	4.36B	3.70B	3.81B	5.58B	9.23B
Net debt	-4.26B	-3.68B	-2.57B	-3.26B	-2.43B	-2.35B	1.83B	6.93B	12.01B	9.22B	8.82B	7.48B	7.32B	5.63B	5.23B	3.87B	2.76B	3.50B	5.08B	8.75B
Change in accounts receivable	-536.54M	-1.00B	-668.72M	-123.57M	-672.40M	1.03B	-62.00M	-1.57B	1.07B	-75.60M	80.80M	1.09B	681.62M	104.68M	-247.89M	-86.80M	-73.55M	243.76M	186.73M	-174.03M
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	486.24M	133.12M	470.56M	734.70M	-513.80M	-1.09B	80.10M	427.10M	-234.00M	-119.90M	207.20M	-101.03M	-412.50M	-713.87M	1.28B	1.51B	983.20M	1.02B	-1.48B	-242.28M
Change in other assets/liabilities	-26.12M	0	-1.14B	575.91M	0	0	—	0	244.00M	989.30M	409.80M	-505.80M	-638.43M	976.22M	-815.05M	105.23M	-212.79M	-97.20M	162.31M	120.61M
Sale of fixed assets & businesses	175.00K	345.00K	38.00K	6.00K	0	0	0	0	48.20M	0	0	0	0	1.53M	15.13M	0	200.80M	0	0	0
Purchase/sale of investments, net	-45.00M	-90.00M	-100.00M	-55.00M	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Sale/maturity of investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Purchase of investments	-45.00M	-90.00M	-100.00M	-55.00M	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other investing cash flow items, total	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-1.00K	0	0	0	0	0
Issuance/retirement of debt, net	-162.29M	-162.29M	-136.25M	-110.21M	-55.10M	0	2.60B	5.17B	5.00B	-1.32B	-1.17B	-1.31B	-1.27B	-1.38B	-1.32B	-1.46B	-1.47B	-163.33M	1.47B	3.85B
Issuance/retirement of long term debt	-162.29M	-162.29M	-136.25M	-110.21M	-55.10M	0	2.60B	5.17B	5.00B	-1.32B	-1.17B	-1.31B	-1.27B	-1.38B	-1.32B	-1.46B	-1.47B	-163.33M	1.47B	3.85B
Issuance/retirement of short term debt	0	0	0	0	0	0	—	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—	0	0	0	—	—	—	—	—	—	—
Total cash dividends paid	-392.00M	-420.00M	-462.01M	-210.01M	-140.00M	-84.00M	0	0	-65.50M	-98.30M	-101.10M	-101.10M	0	-67.51M	-101.27M	0	0	0	0	0
Other financing cash flow items, total	-54.98M	-58.91M	-78.52M	-35.69M	-23.80M	-14.00M	0	0	0	0	0	0	0	0	0	0	0	0	0	0