Dredging Corporation of India Limited
Financial trend (73/100) does the heavy lifting; quality (33/100) is the drag.
ExpensiveSolvency riskDredging 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 16% below its 52-week high of ₹1,232.5 and 74% above the low of ₹597.45. 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 44 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.
With a 20% margin of safety, our buy-below price is ₹1,031.38. Low-confidence estimate — limited data.
1-year price
EOD · 2026-09-1452-week range
-15.64% from the 52-week high.
Price above both moving averages reads as an intact uptrend; below both, the trend is against you.
Verdict pillars
Sell40Piotroski F-score 5/9 — quality of earnings & balance sheet.
Our scores
Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.
Investability checklist
- 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
- Pass: Margin of safety ≥ 20%
- Pass: Above 200-day average
- Fail: 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
Shareholding
- Promoter73.5%
- Institutions8.4%
- Public & other18.1%
Promoter holding via insider stake; institutional via reported holdings.
Key fundamentals
Bull case vs bear case
Bull case
Opportunities
- Earnings growing (544% YoY).
- Trades ~24% below our estimated fair value.
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 ₹1,039.7 — roughly 24% upside. On that basis the stock looks undervalued by 24%.
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 down 5% over three months, and last traded at ₹1,039.7. Past performance doesn't predict future returns.
More in Industrials
View allOur 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.