DREDGING CORP IND chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 257.30
Dividend & YieldN/A₹ (N/A)
Beta 1.39
Market capitalization 8.5B
Operating cash flow N/A
ESG Scores unknown

Company description

Dredging Corporation of India Limited provides dredging services to various ports, Indian navy, fishing harbors, and other maritime organizations in India. The company offers capital dredging, maintenance dredging, beach nourishment, land reclamation, shallow water dredging, project management consultancy, and marine construction services. It operates through a fleet of 10 trailer suction hopper dredgers, 2 cutter suction dredgers, one backhoe dredger, and one inland cutter suction dredger, as well as other ancillary crafts. Dredging Corporation of India Limited was incorporated in 1976 and is headquartered in Visakhapatnam, India.

Sector: Industrials - Industry: Engineering & Construction

Financial Ratios
Quick Ratio0.86
Working Capital-1.71
Return On Equity-0.12
Debt To Equity0.21
Fixed Asset Ratio-0.32
Fixed Interest Cover-8.62

Financial data

Financial Statements

Cashflow Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Change To Liabilities -412.5M -713.87M 1.28B 1.2B
Total Cashflows From Investing Activities 10.4M 34.71M 58.86M -1.6M
Net Borrowings -1.27B -1.38B -1.32B -1.46B
Total Cash From Financing Activities -1.27B -1.45B -1.42B -1.46B
Change To Operating Activities -425.29M 976.22M -815.05M 105.23M
Issuance Of Stock
Net Income 171.43M 380.27M 55.13M -1.72B
Change In Cash 120.02M 66.69M -186.11M -215.89M
Effect Of Exchange Rate
Total Cash From Operating Activities 1.38B 1.48B 1.17B 1.25B
Depreciation 1.13B 1.13B 1.17B 1.19B
Change To Account Receivables 681.62M 104.68M -247.89M 284.85M
Other Cashflows From Financing Activities -11.51M -11.51M -17.27M
Change To Netincome 192.37M -431.43M -98.62M -123.45M
Capital Expenditures -81.9M -44.64M -335k -30.14M

Income Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Research Development
Income Before Tax 217.68M 433.74M 134.16M -1.71B
Net Income 171.43M 380.27M 55.13M -1.72B
Selling General Administrative 67.57M 58.97M 25.21M 45.81M
Gross Profit 4.79B 5.63B 6.09B 6.05B
Ebit 217.54M 541.37M 223.46M -1.54B
Operating Income 217.54M 541.37M 223.46M -1.54B
Interest Expense -175.66M -172.03M -165.85M -178.45M
Income Tax Expense 46.26M 53.47M 79.02M 18.24M
Total Revenue 5.92B 6.92B 7.5B 7.64B
Cost Of Revenue 1.13B 1.29B 1.41B 1.59B
Total Other Income ExpenseNet 147k -107.63M -89.3M -167.61M
Net Income From Continuing Ops 171.43M 380.27M 55.13M -1.72B
Net Income Applicable To Common Shares 171.43M 380.27M 55.13M -1.72B

Balance Sheet Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Total Liabilities 11.02B 8.85B 8.98B 8.87B
Total Stockholder Equity 15.44B 15.75B 15.7B 14.02B
Other Current Liabilities 924.54M 869.91M 1.52B 1.29B
Total Assets 26.46B 24.6B 24.68B 22.89B
Common Stock 280M 280M 280M 280M
Other Current Assets 967.07M 440.6M 546.61M 371.29M
Retained Earnings 14.82B 15.12B 15.08B 13.4B
Treasury Stock 345.18M 345.18M 345.18M 345.19M
Cash 820.89M 843.16M 696.38M 480.74M
Total Current Liabilities 4.15B 3.5B 4.69B 5.67B
Other Stockholder Equity 345.18M 345.18M 345.18M 345.19M
Property, Plant, and Equipment 18.59B 17.26B 16.63B 16.21B
Total Current Assets 7.82B 7.29B 8.05B 6.68B
Net Tangible Assets 15.44B 15.75B 15.7B 14.02B
Net Receivables 3.96B 4B 4.55B 3.74B
Accounts Payable 1.8B 1.26B 1.3B 2.91B


Insider Transactions

Here are the insider transactions of stock shares related to DREDGING CORP IND:

Filer Name Transaction Text Ownership Date Filer Relation Shares
President of IndiaD2015-08-21Promoter1.4M

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to DREDGING CORP IND. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on DREDGING CORP IND

Here is the result of two systematic investment strategies applied to DREDGING CORP IND. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on DREDGING CORP IND

The following chart shows the equity curve of the two systematic investment strategies applied to DREDGING CORP IND:

DREDGING CORP IND automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -3.09% on the backtest period.

Performance at glance

Performance

-3.09 %

Latent gain

-109.6 ₹

Invested capital

3544.9 ₹

Annualized return

-0.74 %
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Momentum strategy results on DREDGING CORP IND

This is the result of two momentum investment strategies applied to DREDGING CORP IND. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on DREDGING CORP IND

The following chart shows all the entries opened by the momentum investment system on DREDGING CORP IND:

DREDGING CORP IND momentum entries
  • The first momentum investment strategy would give -5.35% of return on DREDGING CORP IND. That represents -441.15₹ of latent gain with 8248.65₹ of employed capital.
  • The second momentum investment strategy would give 0.17% of return on DREDGING CORP IND. That represents 9.35₹ of latent gain with 5612.05₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

-5.35 %

Latent gain

-441.15 ₹

Invested capital

8248.65 ₹

Annualized return

-2.48 %
Performance at glance (2Q Momentum)

Performance

0.17 %

Latent gain

9.35 ₹

Invested capital

5612.05 ₹

Annualized return

0.05 %

Momentum equity curve on DREDGING CORP IND

The following chart shows the equity curve of the two momentum strategies applied to DREDGING CORP IND:

DREDGING CORP IND momentum equity

Note: the dividends potentially given by DREDGING CORP IND are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on DREDGING CORP IND

The following chart shows the employed capital evolution of the two momentum strategies on DREDGING CORP IND since the beginning:

DREDGING CORP IND

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on DREDGING CORP IND

Buy the dip entry openings on DREDGING CORP IND

DREDGING CORP IND

The performance achieved by the robo-advisor on DREDGING CORP IND is -5.46%. That represents -18.05$ of latent gain with 330.35₹ of employed capital. The following chart shows DREDGING CORP IND stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of DREDGING CORP IND, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-5.46 %

Latent gain

-18.05 ₹

Invested capital

330.35 ₹

Annualized return

-2.48 %

Equity curve of the strategy applied to DREDGING CORP IND

The following chart shows the result of the investment strategy applied to DREDGING CORP IND:

DREDGING CORP IND

Note: the dividends potentially given by DREDGING CORP IND are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on DREDGING CORP IND

The following chart shows the employed capital evolution since the beginning of the investment strategy on DREDGING CORP IND:

DREDGING CORP IND

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on DREDGING CORP IND

In this section, I will compare the three previous investment strategies applied to DREDGING CORP IND.

Equity curve comparison on DREDGING CORP IND

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

DREDGING CORP IND investment strategy comparison

Employed capital comparison on DREDGING CORP IND

DREDGING CORP IND investment comparison

Performance comparison on DREDGING CORP IND

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -3.09% -109.6₹ 3544.9₹ -0.74%
Momentum 1 quarter -5.35% -441.15₹ 8248.65₹ -1.35%
Momentum 2 quarters 0.17% 9.35₹ 5612.05₹ 0.05%
Non-directional -5.46% -18.05₹ 330.35₹ -2.48%
Annualized return comparison

Automatic investment

-0.74 %

Momentum 1Q

0.05 %

Momentum 2Q

0.05 %

Non-directional

-2.48 %

Correlated stocks

Here are the most positively and negatively correlated stocks with DREDGING CORP IND:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between DREDGING CORP IND and the other stocks. There may be false positives or some missing correlated stocks. If the price of DREDGING CORP IND does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name DREDGING CORP IND
Country India
City Visakhapatnam
Address Dredge House
Phone 91 89 1252 3250
Website www.dredge-india.com
FullTime employees 325
Industry Engineering & Construction
Sector Industrials
Exchange XNSE
Ticker DREDGECORP.XNSE
Market

DREDGING CORP IND ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown