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Intrinsic value · Buy/Sell verdict · scores — free· 1049 Indian stocks· EOD 2026-07-31

Dredging Corporation of India Limited

DREDGECORPNSEIndustrials
₹1,139.4
+19.40 (+1.73%)
Sell

Momentum (85/100) does the heavy lifting; quality (33/100) is the drag.

ExpensiveSolvency risk
The bottom line

Dredging Corporation of India Limited earns a Sell from StocksWizard, with a blended score of 40/100. On 188.6x trailing earnings it sits pricier than the Industrials median of about 29.0x. The price is about 8% below its 52-week high of ₹1,232.5 and 94% above the low of ₹588.6. Financial health scores 10/100, in the distress band on the Altman Z-score, with a Piotroski F-score of 5/9. It clears 4 of 13 investability checks, with durability 33, valuation 33 and momentum 85 on our 0–100 scales.

Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.

Intrinsic value
Our fair value
₹1,289.23up 13.15%
Fairly valued
Price ₹1,139.4Range ₹569.7₹1,392.37
Relative multipleslow confidence

With a 20% margin of safety, our buy-below price is ₹1,031.38. Low-confidence estimate — limited data.

1-year price

EOD · 2026-07-31
1D
up 1.73%
1W
up 13.57%
1M
up 3.13%
3M
up 20.18%
6M
down 2.40%
1Y

52-week range

-7.55% from the 52-week high.

Trend check
Above 50-DMA₹1,096Above 200-DMA₹964

Price above both moving averages reads as an intact uptrend; below both, the trend is against you.

Verdict pillars

Sell40
F
Financial health 10/100
Altman Z 1.42 · Distress zone

Piotroski F-score 5/9 — quality of earnings & balance sheet.

Our scores

Durability33
Valuation33
Momentum85

Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.

Investability checklist

Passed 4 of 13 checks
Each check screens one fundamentals, valuation or trend signal.
  • Fail: ROE above 15%: 0.4%
  • Fail: Low debt (D/E < 0.5): 0.88x
  • Fail: Positive free cash flow
  • Fail: Revenue growth > 10%: 3%
  • Pass: Earnings growing: 544%
  • Fail: Net margin ≥ 10%: 0.4%
  • Fail: Current ratio > 1.5: 0.96
  • Pass: Below our fair value
  • Fail: Margin of safety ≥ 20%
  • Pass: Above 200-day average
  • Pass: Above 50-day average
  • No data: Positive 1-year return
  • Fail: Altman Z in safe zone: Z 1.42
  • Fail: Piotroski ≥ 7: 5/9

Quarterly results

Revenue · 2Q2019
₹196 Cr
Net profit
₹1 Cr
Margin
0%
3Q2018
4Q2018
2Q2019
Revenue Net profitLatest revenue QoQ +19%

Shareholding

  • Promoter73.5%
  • Institutions8.4%
  • Public & other18.1%

Promoter holding via insider stake; institutional via reported holdings.

Key fundamentals

Market cap
₹2,809 Cr
P/E ratio
188.6
P/B ratio
2.05
EPS (TTM)
₹5.32
ROE
0.4%
Debt / Equity
0.88x
Profit margin
0.4%
Free cash flow
₹-153 Cr
52-week high
₹1,232.5
-7.55% from high
52-week low
₹588.6
Dividend yield
Beta
0.74
SWOT snapshot

Bull case vs bear case

Bull case

Opportunities

  • Earnings growing (544% YoY).

Bear case

Weaknesses

  • Low return on equity (0.4%).

Threats

  • Balance-sheet stress — Altman Z 1.42.

About Dredging Corporation of India Limited

Dredging Corporation of India Limited provides dredging and marine construction services to Indian ports, the navy, fishing harbors, and maritime organizations. The company offers capital dredging, maintenance dredging, beach nourishment, land reclamation, inland and shallow water dredging, project management consultancy, and marine construction. It operates a fleet comprising ten trailer suction hopper dredgers, two cutter suction dredgers, and one backhoe dredger.

Dredging Corporation of India Limited — frequently asked questions

Is Dredging Corporation of India Limited a buy, hold or sell?

StocksWizard currently rates Dredging Corporation of India Limited (DREDGECORP) a Sell, based on a blended score of 40/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.

What is Dredging Corporation of India Limited's fair value?

Our blended DCF and relative-valuation model estimates Dredging Corporation of India Limited's fair value at about ₹1,289.23, versus a current price of ₹1,139.4 — roughly 13% upside. On that basis the stock looks fairly valued.

Is Dredging Corporation of India Limited financially healthy?

Dredging Corporation of India Limited scores 10/100 on our financial-health model, placing it in the distress band on the Altman Z-score, with a Piotroski F-score of 5/9.

How has Dredging Corporation of India Limited's share price performed?

Dredging Corporation of India Limited is up 20% over three months, and last traded at ₹1,139.4. Past performance doesn't predict future returns.

Our verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.