Dolphin Offshore Enterprises (India) Ltd
Incorporated in 1979, Dolphin Offshore Enterprises Ltd providing services to the offshore oil and gas industry[1]
- 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.
Peer comparison
Sector: Oil Drill/Allied Industry: Oil Drilling / Allied Services
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
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% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 26 Oct
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Statement Of Deviation & Variation For Quarter Ended On 30Th September, 2024
25 Oct - No deviation in QIP fund utilization reported.
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Announcement under Regulation 30 (LODR)-Change in Management
25 Oct - Board approves financial results and appoints new CEO.
- Results For Quarter And Half Year Ended On 30Th September, 2024 25 Oct
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Board Meeting Outcome for Outcome Of The Board Meeting Held Today I.E. Friday, October 25, 2024
25 Oct - Approval of financial results and CEO appointment.
Annual reports
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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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Financial Year 2009
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Financial Year 2008
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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