Dolphin Offshore Enterprises (India) Ltd
Incorporated in 1979, Dolphin Offshore Enterprises Ltd providing services to the offshore oil and gas industry[1]
- Market Cap ₹ 1,609 Cr.
- Current Price ₹ 402
- High / Low ₹ 506 / 322
- Stock P/E 22.3
- Book Value ₹ 88.4
- Dividend Yield 0.00 %
- ROCE 14.9 %
- ROE 21.9 %
- Face Value ₹ 1.00
Pros
- Company is expected to give good quarter
Cons
- Stock is trading at 4.55 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Company has high debtors of 729 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.
Peer comparison
Energy Oil, Gas & Consumable Fuels Oil Offshore Support Solution Drilling
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 200 | 416 | 358 | 196 | 158 | 208 | 168 | 0 | 0 | 6 | 74 | 116 | 143 | |
| 201 | 334 | 230 | 104 | 91 | 163 | 128 | 1 | 1 | 4 | 28 | 44 | 61 | |
| Operating Profit | -1 | 82 | 128 | 93 | 67 | 44 | 40 | -1 | -1 | 2 | 46 | 72 | 82 |
| OPM % | -0.3% | 20% | 36% | 47% | 42% | 21% | 24% | 35% | 62% | 62% | 57% | ||
| 47 | 15 | -24 | -18 | 10 | -3 | 1 | 0 | 45 | 0 | 3 | 17 | 17 | |
| Interest | 21 | 23 | 21 | 15 | 12 | 10 | 13 | 0 | 0 | 1 | 1 | 14 | 16 |
| Depreciation | 13 | 19 | 21 | 22 | 21 | 42 | 36 | 14 | 8 | 1 | 0 | 16 | 18 |
| Profit before tax | 12 | 55 | 62 | 38 | 44 | -12 | -8 | -14 | 36 | 0 | 48 | 60 | 66 |
| Tax % | 63% | 14% | 2% | 6% | 8% | -5% | 12% | 0% | 0% | -2,042% | 2% | -14% | |
| 4 | 47 | 61 | 36 | 41 | -11 | -9 | -14 | 36 | 6 | 46 | 69 | 72 | |
| EPS in Rs | 0.26 | 2.81 | 3.63 | 2.13 | 2.45 | -0.66 | -0.51 | -0.85 | 11.43 | 1.39 | 11.62 | 17.13 | 18.00 |
| Dividend Payout % | 59% | 5% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -3% |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 74% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | % |
| 3 Years: | 115% |
| TTM: | 43% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 45% |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 1% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 11% |
| 3 Years: | 16% |
| Last Year: | 22% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 3 | 4 | 4 | 4 |
| Reserves | 224 | 259 | 333 | 374 | 428 | 573 | 566 | 25 | 174 | 217 | 268 | 349 |
| 183 | 166 | 139 | 66 | 61 | 58 | 64 | 131 | 18 | 1 | 165 | 203 | |
| 67 | 180 | 121 | 97 | 98 | 105 | 146 | 165 | 6 | 5 | 24 | 51 | |
| Total Liabilities | 492 | 621 | 609 | 554 | 603 | 753 | 793 | 338 | 201 | 227 | 461 | 608 |
| 218 | 207 | 216 | 201 | 189 | 324 | 289 | 66 | 58 | 3 | 1 | 309 | |
| CWIP | 2 | 1 | 1 | 13 | 19 | 0 | 0 | 0 | 0 | 47 | 222 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20 | 0 | 15 | 27 | 34 |
| 272 | 412 | 392 | 340 | 395 | 429 | 503 | 253 | 143 | 164 | 211 | 265 | |
| Total Assets | 492 | 621 | 609 | 554 | 603 | 753 | 793 | 338 | 201 | 227 | 461 | 608 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 38 | 58 | 62 | 89 | 20 | -8 | 22 | -1 | -4 | 4 | 10 | 45 | |
| -15 | -12 | -10 | -2 | -5 | 22 | -6 | 0 | 0 | -24 | -167 | -75 | |
| -28 | -43 | -51 | -88 | -17 | -13 | -18 | 1 | 5 | 20 | 164 | 31 | |
| Net Cash Flow | -4 | 2 | 2 | -1 | -2 | 1 | -2 | -0 | 0 | -0 | 8 | 2 |
| Free Cash Flow | 20 | 51 | 62 | 76 | 14 | -8 | 22 | -1 | -4 | 9 | -160 | -28 |
| CFO/OP | -6,742% | 85% | 54% | 100% | 33% | -16% | 57% | 113% | 680% | 142% | 23% | 62% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 334 | 191 | 195 | 326 | 553 | 407 | 636 | 7,972 | 974 | 729 | ||
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 334 | 191 | 195 | 326 | 553 | 407 | 636 | 7,972 | 974 | 729 | ||
| Working Capital Days | 122 | 57 | 113 | 262 | 439 | 379 | 520 | 8,618 | 857 | 589 | ||
| ROCE % | 5% | 18% | 26% | 17% | 12% | 4% | 1% | -4% | 1% | 15% | 15% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Permanent Employees on Rolls employees ・Standalone data |
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| Saturation Diving Systems Owned systems |
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| Total Fleet Count (Vessels Owned/Managed) vessels |
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| Air and Mixed Gas Diving Systems systems |
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| DP2 Accommodation Barge - People Capacity persons |
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| AHTS Vessel Bollard Pull Capacity Metric Tons |
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| Daily Charter Rate (Prabha DP2 Barge) USD per day |
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Extracted by Screener AI
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 1 Aug
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Notice Of 47Th Annual General Meeting
31 Jul - 47th AGM on 25 Aug 2026; book closure 19-25 Aug; e-voting 21-24 Aug 2026.
- Reg. 34 (1) Annual Report. 31 Jul
- Annual General Meeting 31 Jul
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Announcement under Regulation 30 (LODR)-Newspaper Publication
26 Jul - Newspaper Publication for financial results for the quarter ended on 30.06.2026
Annual reports
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Financial Year 2026
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2010
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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