Dolphin Offshore Enterprises (India) Limited
Dolphin Offshore Enterprises (India) Limited provides offshore and marine services to the oil and gas industry in India, Thailand, Mexico, Malaysia, Indonesia, Africa, and internationally. The company offers diving and underwater services, including underwater construction services that entail the modification and redevelopment of existing offshore facilities; pre-engineering surveys; diving supp… Read more
Dolphin Offshore Enterprises (India) Limited (DOLPHIN) - Net Assets
Latest net assets as of September 2025: ₹3.02 Billion INR
Based on the latest financial reports, Dolphin Offshore Enterprises (India) Limited (DOLPHIN) has net assets worth ₹3.02 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹5.23 Billion) and total liabilities (₹2.21 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹3.02 Billion |
| % of Total Assets | 57.8% |
| Annual Growth Rate | 11.37% |
| 5-Year Change | N/A |
| 10-Year Change | -55.21% |
| Growth Volatility | 88.83 |
Dolphin Offshore Enterprises (India) Limited - Net Assets Trend (2006–2025)
This chart illustrates how Dolphin Offshore Enterprises (India) Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Dolphin Offshore Enterprises (India) Limited (2006–2025)
The table below shows the annual net assets of Dolphin Offshore Enterprises (India) Limited from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹2.72 Billion | +23.08% |
| 2024-03-31 | ₹2.21 Billion | +24.81% |
| 2023-03-31 | ₹1.77 Billion | +322.06% |
| 2022-03-31 | ₹420.15 Million | +254.91% |
| 2021-03-31 | ₹-271.22 Million | -35.80% |
| 2020-03-31 | ₹-199.73 Million | -131.17% |
| 2019-03-31 | ₹640.80 Million | -89.00% |
| 2018-03-31 | ₹5.82 Billion | -1.31% |
| 2017-03-31 | ₹5.90 Billion | -2.95% |
| 2016-03-31 | ₹6.08 Billion | +55.46% |
| 2015-03-31 | ₹3.91 Billion | +11.97% |
| 2014-03-31 | ₹3.49 Billion | +26.76% |
| 2013-03-31 | ₹2.76 Billion | +14.36% |
| 2012-03-31 | ₹2.41 Billion | -0.87% |
| 2011-03-31 | ₹2.43 Billion | +13.13% |
| 2010-03-31 | ₹2.15 Billion | +83.83% |
| 2009-03-31 | ₹1.17 Billion | +54.25% |
| 2008-03-31 | ₹757.92 Million | +51.67% |
| 2007-03-31 | ₹499.72 Million | +42.07% |
| 2006-03-31 | ₹351.75 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dolphin Offshore Enterprises (India) Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 16582400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹165.82 Million | 6.09% |
| Common Stock | ₹40.01 Million | 1.47% |
| Other Comprehensive Income | ₹1.53 Billion | 56.17% |
| Other Components | ₹988.04 Million | 36.27% |
| Total Equity | ₹2.72 Billion | 100.00% |
Dolphin Offshore Enterprises (India) Limited Competitors by Market Cap
The table below lists competitors of Dolphin Offshore Enterprises (India) Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Marvipol S.A.
WAR:MVP
|
$24.07 Million |
|
SJ Group Co. Ltd
KQ:306040
|
$24.08 Million |
|
MAGURO GROUP PUBLIC COMPANY LIMITED
BK:MAGURO
|
$24.09 Million |
|
M&F Bancorp Inc
PINK:MFBP
|
$24.09 Million |
|
Emperor International Holdings Limited
F:EM3A
|
$24.07 Million |
|
GeneReach Biotechnology
TWO:4171
|
$24.05 Million |
|
Ozerden Plastik Sanayi
IS:OZRDN
|
$24.04 Million |
|
Palisades Goldcorp Ltd.
PINK:PLGDF
|
$24.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dolphin Offshore Enterprises (India) Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,213,267,000 to 2,724,047,000, a change of 510,780,000 (23.1%).
- Net income of 464,795,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 45,986,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹464.80 Million | +17.06% |
| Other Comprehensive Income | ₹45.99 Million | +1.69% |
| Other Changes | ₹-1.00K | -0.0% |
| Total Change | ₹- | 23.08% |
Book Value vs Market Value Analysis
This analysis compares Dolphin Offshore Enterprises (India) Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 5.68x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 1.82x to 5.68x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | ₹213.05 | ₹387.15 | x |
| 2007-03-31 | ₹237.99 | ₹387.15 | x |
| 2008-03-31 | ₹361.11 | ₹387.15 | x |
| 2009-03-31 | ₹557.18 | ₹387.15 | x |
| 2010-03-31 | ₹1114.31 | ₹387.15 | x |
| 2011-03-31 | ₹1159.07 | ₹387.15 | x |
| 2012-03-31 | ₹1148.98 | ₹387.15 | x |
| 2013-03-31 | ₹1314.02 | ₹387.15 | x |
| 2014-03-31 | ₹1665.75 | ₹387.15 | x |
| 2015-03-31 | ₹1865.17 | ₹387.15 | x |
| 2016-03-31 | ₹2899.88 | ₹387.15 | x |
| 2017-03-31 | ₹2814.18 | ₹387.15 | x |
| 2018-03-31 | ₹2777.21 | ₹387.15 | x |
| 2019-03-31 | ₹305.80 | ₹387.15 | x |
| 2020-03-31 | ₹-95.31 | ₹387.15 | x |
| 2021-03-31 | ₹-129.43 | ₹387.15 | x |
| 2022-03-31 | ₹206.51 | ₹387.15 | x |
| 2023-03-31 | ₹105.30 | ₹387.15 | x |
| 2024-03-31 | ₹62.97 | ₹387.15 | x |
| 2025-03-31 | ₹68.10 | ₹387.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dolphin Offshore Enterprises (India) Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 17.06%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 62.79%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 1.69x
- Recent ROE (17.06%) is above the historical average (7.43%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 25.20% | 4.85% | 0.92x | 5.65x | ₹53.37 Million |
| 2007 | 33.74% | 7.93% | 0.83x | 5.13x | ₹118.47 Million |
| 2008 | 20.98% | 6.80% | 0.69x | 4.47x | ₹83.17 Million |
| 2009 | 35.10% | 11.64% | 0.87x | 3.46x | ₹293.33 Million |
| 2010 | 29.04% | 11.28% | 1.08x | 2.38x | ₹409.07 Million |
| 2011 | 0.00% | 0.00% | 0.58x | 2.17x | ₹-243.08 Million |
| 2012 | 1.78% | 2.14% | 0.41x | 2.04x | ₹-198.04 Million |
| 2013 | 17.10% | 11.33% | 0.67x | 2.25x | ₹195.52 Million |
| 2014 | 17.44% | 17.03% | 0.59x | 1.74x | ₹259.93 Million |
| 2015 | 9.13% | 18.17% | 0.35x | 1.42x | ₹-34.17 Million |
| 2016 | 6.77% | 26.00% | 0.21x | 1.26x | ₹-196.52 Million |
| 2017 | -1.88% | -5.36% | 0.28x | 1.28x | ₹-701.34 Million |
| 2018 | -1.48% | -5.15% | 0.21x | 1.37x | ₹-668.71 Million |
| 2019 | -50.23% | -40.16% | 0.27x | 4.63x | ₹-385.97 Million |
| 2020 | 0.00% | -553.28% | 0.06x | 0.00x | ₹-829.67 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | ₹-44.37 Million |
| 2022 | -33.99% | 0.00% | 0.00x | 8.05x | ₹-184.84 Million |
| 2023 | 20.36% | 0.00% | 0.00x | 1.13x | ₹183.75 Million |
| 2024 | 2.52% | 86.17% | 0.03x | 1.03x | ₹-165.60 Million |
| 2025 | 17.06% | 62.79% | 0.16x | 1.69x | ₹192.39 Million |
Industry Comparison
This section compares Dolphin Offshore Enterprises (India) Limited's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $3,206,259,472
- Average return on equity (ROE) among peers: 5.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dolphin Offshore Enterprises (India) Limited (DOLPHIN) | ₹3.02 Billion | 25.20% | 0.73x | $24.07 Million |
| Aakash Exploration Services Limited (AAKASH) | $52.70 Million | 2.73% | 1.00x | $3.38 Million |
| Aegis Vopak Terminals Ltd (AEGISVOPAK) | $9.53 Billion | -0.01% | 2.65x | $20.86K |
| Alphageo (India) Limited (ALPHAGEO) | $216.03 Million | 19.54% | 2.10x | $6.19 Million |
| Asian Energy Services Limited (ASIANENE) | $1.99 Billion | -22.24% | 0.49x | $52.38 Million |
| Jindal Drilling And Industries Limited (JINDRILL) | $11.94 Billion | 5.40% | 0.50x | $47.28 Million |
| Likhitha Infrastructure Limited (LIKHITHA) | $699.56 Million | 28.85% | 0.44x | $19.20 Million |
| Oil Country Tubular Limited (OILCOUNTUB) | $2.41 Billion | -2.73% | 0.81x | $6.65 Million |
| South West Pinnacle Exploration Limited (SOUTHWEST) | $1.21 Billion | 6.81% | 0.93x | $15.63 Million |
| United Drilling Tools Limited (UNIDT) | $792.63 Million | 8.24% | 0.58x | $6.86 Million |