Dredging Corporation of India Limited (DREDGECORP) - Net Assets
Based on the latest financial reports, Dredging Corporation of India Limited (DREDGECORP) has net assets worth Rs11.33 Billion INR (≈ $122.57 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs27.53 Billion ≈ $297.77 Million USD) and total liabilities (Rs16.20 Billion ≈ $175.19 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. Check DREDGECORP cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs11.33 Billion |
| % of Total Assets | 41.16% |
| Annual Growth Rate | 1.74% |
| 5-Year Change | -12.45% |
| 10-Year Change | -18.67% |
| Growth Volatility | 6.29 |
Dredging Corporation of India Limited - Net Assets Trend (2005–2025)
This chart illustrates how Dredging Corporation of India Limited's net assets have evolved over time, based on quarterly financial data. Also explore Dredging Corporation of India Limited (DREDGECORP) total assets for the complete picture of this company's asset base.
Annual Net Assets for Dredging Corporation of India Limited (2005–2025)
The table below shows the annual net assets of Dredging Corporation of India Limited from 2005 to 2025. For live valuation and market cap data, see Dredging Corporation of India Limited stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 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 644091700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs6.44 Billion | 52.73% |
| Common Stock | Rs280.00 Million | 2.29% |
| Other Comprehensive Income | Rs5.49 Billion | 44.98% |
| Other Components | Rs1.00K | 0.00% |
| Total Equity | Rs12.21 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 |
|---|---|
|
JINMAO PROPERTY SERVICES
F:TZ0
|
$284.34 Million |
|
BROOGE ENERGY DL-0001
F:3SF
|
$284.43 Million |
|
Spectral Med Inc
TO:EDT
|
$284.46 Million |
|
MFS Intermediate Income Trust
NYSE:MIN
|
$284.50 Million |
|
Yayla Agro Gida Sanayi ve Ticaret A.S.
IS:YYLGD
|
$284.11 Million |
|
Ege Gubre Sanayi AS
IS:EGGUB
|
$284.00 Million |
|
Hung Sheng Construction Ltd
TW:2534
|
$283.89 Million |
|
Global Tax Free Co. Ltd
KQ:204620
|
$283.83 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 2024 to 2025, total equity changed from 12,636,022,000 to 12,214,901,000, a change of -421,121,000 (-3.3%).
- Net loss of 274,566,000 reduced equity.
- Other comprehensive income decreased equity by 1,000.
- Other factors decreased equity by 146,554,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs-274.57 Million | -2.25% |
| Other Comprehensive Income | Rs-1.00K | -0.0% |
| Other Changes | Rs-146.55 Million | -1.2% |
| Total Change | Rs- | -3.33% |
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: 2.15x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.04x to 2.15x 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 | Rs938.45 | x |
| 2006-03-31 | Rs354.65 | Rs938.45 | x |
| 2007-03-31 | Rs404.68 | Rs938.45 | x |
| 2008-03-31 | Rs442.42 | Rs938.45 | x |
| 2009-03-31 | Rs453.13 | Rs938.45 | x |
| 2010-03-31 | Rs474.66 | Rs938.45 | x |
| 2011-03-31 | Rs488.77 | Rs938.45 | x |
| 2012-03-31 | Rs493.48 | Rs938.45 | x |
| 2013-03-31 | Rs498.46 | Rs938.45 | x |
| 2014-03-31 | Rs508.36 | Rs938.45 | x |
| 2015-03-31 | Rs526.54 | Rs938.45 | x |
| 2016-03-31 | Rs536.37 | Rs938.45 | x |
| 2017-03-31 | Rs543.08 | Rs938.45 | x |
| 2018-03-31 | Rs551.47 | Rs938.45 | x |
| 2019-03-31 | Rs562.45 | Rs938.45 | x |
| 2020-03-31 | Rs560.80 | Rs938.45 | x |
| 2021-03-31 | Rs498.28 | Rs938.45 | x |
| 2022-03-31 | Rs500.13 | Rs938.45 | x |
| 2023-03-31 | Rs439.01 | Rs938.45 | x |
| 2024-03-31 | Rs451.29 | Rs938.45 | x |
| 2025-03-31 | Rs436.25 | Rs938.45 | 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): -2.25%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.40%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 2.17x
- Recent ROE (-2.25%) is below the historical average (2.90%), 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 |
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: $5,406,533,252
- Average return on equity (ROE) among peers: 11.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dredging Corporation of India Limited (DREDGECORP) | Rs11.33 Billion | 13.11% | 1.43x | $284.17 Million |
| A2Z Infra Engineering Limited (A2ZINFRA) | $2.39 Billion | -46.34% | 11.33x | $32.19 Million |
| AFCONS INFRASTRUCTURE LTD (AFCONS) | $35.98 Billion | 12.50% | 3.51x | $1.35 Billion |
| Akash Infra-Projects Limited (AKASH) | $823.15 Million | 2.82% | 0.82x | $4.86 Million |
| Ashoka Buildcon Limited (ASHOKA) | $1.53 Billion | 2.79% | 1.89x | $407.57 Million |
| AXISCADES Technologies Limited (AXISCADES) | $1.27 Billion | 15.54% | 0.48x | $923.53 Million |
| Capacit'e Infraprojects Limited (CAPACITE) | $1.73 Billion | 28.13% | 4.06x | $230.95 Million |
| Consolidated Construction Consortium Limited (CCCL) | $4.51 Billion | 19.32% | 1.22x | $79.43 Million |
| Ceigall India (CEIGALL) | $4.31 Billion | 29.19% | 1.22x | $637.91 Million |
| Dilip Buildcon Limited (DBL) | $1.13 Billion | 34.61% | 3.83x | $816.55 Million |
| Dhruv Consultancy Services Limited (DHRUV) | $395.72 Million | 12.22% | 1.09x | $7.28 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, and marine construction services. It operates through a fleet of 10 trailer suct… Read more