Dolphin Offshore Enterprises (India) Ltd

Dolphin Offshore Enterprises (India) Ltd

₹ 533 0.52%
11 Dec 3:48 p.m.
About

Incorporated in 1979, Dolphin Offshore Enterprises Ltd providing services to the offshore oil and gas industry[1]

Key Points

Business Overview:[1]
DOEIL is a part of Deep Industries Ltd. It is a provider of underwater services to the Indian oil and gas industry. It has undertaken turnkey projects involving sub-sea and marine services and as an EPC contractor. Company's services are certified by ISO 9001 and the American Bureau of Shipping. It also works on establishing International Public-Private Sector cooperation for development of underwater technology and environment protection, search and rescue operations and setting up of training facilities. Company is launching its own in house training program for divers and underwater technicians with international certification

  • Market Cap 2,133 Cr.
  • Current Price 533
  • High / Low 949 / 103
  • Stock P/E 97.8
  • Book Value 60.6
  • Dividend Yield 0.00 %
  • ROCE 0.97 %
  • ROE 3.22 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Stock is trading at 8.81 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has high debtors of 7,972 days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2016 Dec 2016 Mar 2017 Mar 2022 Jun 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
60 55 48 0 0 0 0 1 2 2 2 8 17
27 31 74 0 0 1 0 1 1 1 7 2 4
Operating Profit 33 24 -27 -0 -0 -1 -0 -0 1 1 -5 6 13
OPM % 55% 44% -56% -23% 42% 40% -253% 74% 76%
1 6 6 0 0 -0 45 1 3 0 2 2 0
Interest 2 2 4 0 0 0 0 0 0 0 0 0 0
Depreciation 5 5 7 3 0 2 2 0 0 0 0 0 0
Profit before tax 27 23 -30 -4 -0 -3 42 0 4 0 -4 8 13
Tax % 0% 2% 3% 0% 0% 0% 0% 0% 0% 0% -138% 5% -1%
27 23 -31 -4 -0 -3 42 0 4 0 1 8 13
EPS in Rs 1.59 1.34 -1.87 -0.21 -0.01 -0.16 13.40 0.04 1.12 0.11 0.36 1.89 3.23
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2022 Mar 2023 Mar 2024 TTM
553 304 200 416 358 196 158 208 168 0 0 6 29
446 271 201 334 230 104 91 163 128 1 1 4 14
Operating Profit 107 34 -1 82 128 93 67 44 40 -1 -1 2 15
OPM % 19% 11% -0% 20% 36% 47% 42% 21% 24% 35% 51%
3 22 47 15 -24 -18 10 -3 1 0 45 0 4
Interest 15 18 21 23 21 15 12 10 13 0 0 1 0
Depreciation 9 10 13 19 21 22 21 42 36 14 8 1 1
Profit before tax 87 27 12 55 62 38 44 -12 -8 -14 36 0 17
Tax % 28% 41% 63% 14% 2% 6% 8% -5% 12% 0% 0% -2,042%
62 16 4 47 61 36 41 -11 -9 -14 36 6 22
EPS in Rs 3.95 0.96 0.26 2.81 3.63 2.13 2.45 -0.66 -0.51 -0.85 11.43 1.39 5.59
Dividend Payout % 8% 16% 59% 5% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -33%
5 Years: %
3 Years: %
TTM: 951%
Compounded Profit Growth
10 Years: -24%
5 Years: %
3 Years: %
TTM: 1044%
Stock Price CAGR
10 Years: 40%
5 Years: 276%
3 Years: %
1 Year: 427%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 3%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 16 17 17 17 17 17 17 17 17 17 3 4 4
Reserves 199 227 224 259 333 374 428 573 566 25 174 217 238
172 186 183 166 139 66 61 58 64 131 18 1 1
125 97 67 180 121 97 98 105 146 165 6 5 119
Total Liabilities 512 527 492 621 609 554 603 753 793 338 201 227 363
119 113 218 207 216 201 189 324 289 66 58 3 2
CWIP 95 101 2 1 1 13 19 0 0 0 0 47 167
Investments 0 0 0 0 0 0 0 0 0 20 0 15 13
298 312 272 412 392 340 395 429 503 253 143 164 181
Total Assets 512 527 492 621 609 554 603 753 793 338 201 227 363

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2022 Mar 2023 Mar 2024
61 -13 38 58 62 89 20 -8 22 -1 -4 4
-61 -7 -15 -12 -10 -2 -5 22 -6 0 0 -24
8 10 -28 -43 -51 -88 -17 -13 -18 1 5 20
Net Cash Flow 8 -9 -4 2 2 -1 -2 1 -2 -0 0 -0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2022 Mar 2023 Mar 2024
Debtor Days 124 266 334 191 195 326 553 407 636 7,972
Inventory Days 0
Days Payable
Cash Conversion Cycle 124 266 334 191 195 326 553 407 636 7,972
Working Capital Days 102 208 254 138 219 383 578 480 657 8,618
ROCE % 30% 9% 5% 18% 26% 17% 12% 4% 1% -4% 1%

Shareholding Pattern

Numbers in percentages

Sep 2018Dec 2018Mar 2019Jun 2019Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
54.83% 54.83% 54.83% 54.83% 54.83% 94.98% 94.98% 94.98% 74.99% 74.99% 74.99% 74.99%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 12.82% 12.82% 12.82% 12.82%
0.34% 0.22% 0.62% 1.31% 1.31% 2.00% 2.00% 2.00% 1.58% 1.58% 1.58% 1.60%
44.84% 44.95% 44.55% 43.86% 43.86% 3.01% 3.01% 3.02% 10.60% 10.62% 10.62% 10.60%
No. of Shareholders 15,21915,14815,02614,81414,81412,02212,02211,44010,97211,25413,61313,016

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents