Dredging Corporation of India Limited Net Assets
Dredging Corporation of India Limited net assets. Based on the latest financial reports, Dredging Corporation of India Limited (DREDGECORP) has net assets worth Rs12.45 Billion INR (≈ $134.59 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs31.00 Billion ≈ $335.24 Million USD) and total liabilities (Rs18.55 Billion ≈ $200.65 Million USD). 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. Also explore Dredging Corporation of India Limited equity growth rate to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs12.45 Billion |
| % of Total Assets | 40.15% |
| Annual Growth Rate | 1.7% |
| 5-Year Change | -12.14% |
| 10-Year Change | -19.09% |
| Growth Volatility | 6.15 |
Net Assets of Dredging Corporation of India Limited (2005–2026)
Net assets of Dredging Corporation of India Limited from 2005 to 2026. This chart illustrates how Dredging Corporation of India Limited's net assets have evolved over time, based on quarterly financial data. See DREDGECORP net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Dredging Corporation of India Limited (2005–2026)
The table below shows the annual net assets of Dredging Corporation of India Limited from 2005 to 2026. For live market cap and overall valuation, see Dredging Corporation of India Limited (DREDGECORP) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs12.30 Billion ≈ $133.06 Million |
+0.73% |
| 2025-03-31 | Rs12.21 Billion ≈ $132.10 Million |
-3.33% |
| 2024-03-31 | Rs12.64 Billion ≈ $136.65 Million |
+2.80% |
| 2023-03-31 | Rs12.29 Billion ≈ $132.94 Million |
-12.22% |
| 2022-03-31 | Rs14.00 Billion ≈ $151.44 Million |
+0.37% |
| 2021-03-31 | Rs13.95 Billion ≈ $150.88 Million |
-11.15% |
| 2020-03-31 | Rs15.70 Billion ≈ $169.82 Million |
-0.29% |
| 2019-03-31 | Rs15.75 Billion ≈ $170.31 Million |
+1.99% |
| 2018-03-31 | Rs15.44 Billion ≈ $166.99 Million |
+1.54% |
| 2017-03-31 | Rs15.21 Billion ≈ $164.45 Million |
+1.25% |
| 2016-03-31 | Rs15.02 Billion ≈ $162.42 Million |
+1.87% |
| 2015-03-31 | Rs14.74 Billion ≈ $159.44 Million |
+3.58% |
| 2014-03-31 | Rs14.23 Billion ≈ $153.94 Million |
+1.99% |
| 2013-03-31 | Rs13.96 Billion ≈ $150.94 Million |
+1.01% |
| 2012-03-31 | Rs13.82 Billion ≈ $149.43 Million |
+0.96% |
| 2011-03-31 | Rs13.69 Billion ≈ $148.00 Million |
+2.97% |
| 2010-03-31 | Rs13.29 Billion ≈ $143.73 Million |
+4.75% |
| 2009-03-31 | Rs12.69 Billion ≈ $137.21 Million |
+2.42% |
| 2008-03-31 | Rs12.39 Billion ≈ $133.97 Million |
+9.33% |
| 2007-03-31 | Rs11.33 Billion ≈ $122.54 Million |
+14.11% |
| 2006-03-31 | Rs9.93 Billion ≈ $107.39 Million |
+14.87% |
| 2005-03-31 | Rs8.64 Billion ≈ $93.49 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Dredging Corporation of 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 652953800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Dredging Corporation of India Limited Net Assets Breakdown (March 2026)
Dredging Corporation of India Limited net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs6.53 Billion | 53.07% |
| Common Stock | Rs280.00 Million | 2.28% |
| Other Comprehensive Income | Rs5.49 Billion | 44.65% |
| Total Equity | Rs12.30 Billion | 100.00% |
Dredging Corporation of India Limited Competitors by Market Cap
The table below lists competitors of Dredging Corporation of India Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beijing Hanjian Heshan Pipeline Co Ltd
SHG:603616
|
$257.81 Million |
|
Shenzhen Friendcom Technology Development Co Ltd
SHE:300514
|
$257.84 Million |
|
Pruksa Holding Public Company Limited
BK:PSH
|
$257.91 Million |
|
British American Tobacco Malaysia Bhd
KLSE:4162
|
$258.07 Million |
|
Irenic Acquisition Corp. Class A Ordinary Shares
NASDAQ:IACQ
|
$257.77 Million |
|
Huizhong Instrumentation Co Ltd
SHE:300371
|
$257.64 Million |
|
Econocom Group SA/NV
BR:ECONB
|
$257.59 Million |
|
Mobilicom Limited Warrants
NASDAQ:MOBBW
|
$257.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dredging Corporation of India Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 12,214,901,000 to 12,303,521,000, a change of 88,620,000 (0.7%).
- Net income of 47,535,000 contributed positively to equity growth.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs47.53 Million | +0.39% |
| Other Changes | Rs41.09 Million | +0.33% |
| Total Change | Rs- | 0.73% |
Book Value vs Market Value Analysis
This analysis compares Dredging Corporation of 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: 0.62x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 2.76x to 0.62x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | Rs308.73 | Rs851.30 | x |
| 2006-03-31 | Rs354.65 | Rs851.30 | x |
| 2007-03-31 | Rs404.68 | Rs851.30 | x |
| 2008-03-31 | Rs442.42 | Rs851.30 | x |
| 2009-03-31 | Rs453.13 | Rs851.30 | x |
| 2010-03-31 | Rs474.66 | Rs851.30 | x |
| 2011-03-31 | Rs488.77 | Rs851.30 | x |
| 2012-03-31 | Rs493.48 | Rs851.30 | x |
| 2013-03-31 | Rs498.46 | Rs851.30 | x |
| 2014-03-31 | Rs508.36 | Rs851.30 | x |
| 2015-03-31 | Rs526.54 | Rs851.30 | x |
| 2016-03-31 | Rs536.37 | Rs851.30 | x |
| 2017-03-31 | Rs543.08 | Rs851.30 | x |
| 2018-03-31 | Rs551.47 | Rs851.30 | x |
| 2019-03-31 | Rs562.45 | Rs851.30 | x |
| 2020-03-31 | Rs560.80 | Rs851.30 | x |
| 2021-03-31 | Rs498.28 | Rs851.30 | x |
| 2022-03-31 | Rs500.13 | Rs851.30 | x |
| 2023-03-31 | Rs439.01 | Rs851.30 | x |
| 2024-03-31 | Rs451.29 | Rs851.30 | x |
| 2025-03-31 | Rs436.25 | Rs851.30 | x |
| 2026-03-31 | Rs1366.60 | Rs851.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dredging Corporation of 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): 0.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.39%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 2.49x
- Recent ROE (0.39%) is below the historical average (2.78%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 13.11% | 21.59% | 0.42x | 1.43x | Rs268.44 Million |
| 2006 | 17.77% | 50.26% | 0.29x | 1.22x | Rs771.60 Million |
| 2007 | 16.66% | 32.94% | 0.42x | 1.19x | Rs754.19 Million |
| 2008 | 12.50% | 21.95% | 0.47x | 1.20x | Rs309.40 Million |
| 2009 | 3.65% | 6.77% | 0.44x | 1.24x | Rs-805.06 Million |
| 2010 | 5.27% | 10.85% | 0.41x | 1.18x | Rs-628.50 Million |
| 2011 | 2.89% | 7.79% | 0.31x | 1.20x | Rs-973.40 Million |
| 2012 | 0.95% | 2.72% | 0.26x | 1.36x | Rs-1.25 Billion |
| 2013 | 1.47% | 3.23% | 0.26x | 1.77x | Rs-1.19 Billion |
| 2014 | 2.64% | 4.87% | 0.25x | 2.18x | Rs-1.05 Billion |
| 2015 | 4.23% | 8.49% | 0.26x | 1.88x | Rs-850.23 Million |
| 2016 | 2.79% | 6.29% | 0.24x | 1.88x | Rs-1.08 Billion |
| 2017 | 0.49% | 1.27% | 0.22x | 1.75x | Rs-1.45 Billion |
| 2018 | 1.11% | 2.90% | 0.22x | 1.71x | Rs-1.37 Billion |
| 2019 | 2.41% | 5.75% | 0.27x | 1.56x | Rs-1.19 Billion |
| 2020 | 0.35% | 0.75% | 0.30x | 1.57x | Rs-1.52 Billion |
| 2021 | -12.35% | -22.87% | 0.33x | 1.62x | Rs-3.12 Billion |
| 2022 | 0.25% | 0.45% | 0.35x | 1.65x | Rs-1.36 Billion |
| 2023 | -15.96% | -16.94% | 0.50x | 1.89x | Rs-3.19 Billion |
| 2024 | 2.82% | 3.78% | 0.39x | 1.90x | Rs-906.76 Million |
| 2025 | -2.25% | -2.40% | 0.43x | 2.17x | Rs-1.50 Billion |
| 2026 | 0.39% | 0.39% | 0.39x | 2.49x | Rs-1.18 Billion |
Industry Comparison
This section compares Dredging Corporation of India Limited's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $10,449,482,376
- Average return on equity (ROE) among peers: 3.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dredging Corporation of India Limited (DREDGECORP) | Rs12.45 Billion | 13.11% | 1.49x | $257.78 Million |
| A2Z Infra Engineering Limited (A2ZINFRA) | $409.94 Million | 28.43% | 2.98x | $24.67 Million |
| AFCONS INFRASTRUCTURE LTD (AFCONS) | $52.62 Billion | 9.25% | 2.25x | $840.83 Million |
| Akash Infra-Projects Limited (AKASH) | $484.51 Million | 7.59% | 0.45x | $4.30 Million |
| Ashoka Buildcon Limited (ASHOKA) | $24.25 Billion | 20.75% | 6.89x | $304.96 Million |
| AXISCADES Technologies Limited (AXISCADES) | $243.57 Million | 13.90% | 0.26x | $848.03 Million |
| Capacit'e Infraprojects Limited (CAPACITE) | $71.78 Million | -65.91% | 6.52x | $138.12 Million |
| Consolidated Construction Consortium Limited (CCCL) | $224.79 Million | 35.50% | 3.03x | $50.54 Million |
| Ceigall India (CEIGALL) | $18.44 Billion | 15.95% | 1.30x | $748.31 Million |
| Dilip Buildcon Limited (DBL) | $7.03 Billion | 11.54% | 6.73x | $668.10 Million |
| Dhruv Consultancy Services Limited (DHRUV) | $722.07 Million | -39.45% | 0.64x | $4.08 Million |
About Dredging Corporation of India Limited
Dredging Corporation of India Limited provides dredging services to various ports, the Indian navy, fishing harbors, and other maritime organizations in India. The company offers capital dredging, maintenance dredging, beach nourishment, land reclamation, inland/shallow water dredging, project management consultancy, hydrographic and survey services, and marine construction services. It operates … Read more