Dolphin Offshore Enterprises (India)
- Market cap
- ₹ 2,228 Cr.
- P/E
- 32.9x
- P/B
- 6.66x
- 52-week range
- 322 – 749.5
- ROE
- 22%
- ROCE
- 15%
- Dividend yield
- 0%
- Debt / equity
- 0.57
- Sector
- Oil
- Industry
- Offshore Support Solution Drilling
- Listed on
- NSE, BSE
About
Dolphin Offshore Enterprises (India) Limited is an India-based company, which is a provider of underwater services to the Indian oil and gas industry. The Company has developed a diversified portfolio for undertaking turnkey projects involving sub-sea and marine services and as an engineering, procurement, and construction (EPC) contractor. Its services include diving & underwater services, fabrication/ installation, turnkey EPC projects, rig repairs & ship repairs and design engineering. It offers comprehensive underwater services, including air, mixed gas, and saturation diving services, to the Indian offshore oil & gas industry. It provides offshore experience in procurement, fabrication, installation, hook up and commissioning of plants and equipment’s on offshore platforms, drilling rigs and also onshore facilities including refineries, power plants and ports. The Company also provides repair facilities to ships and drilling rigs, in dry dock as well as in floating condition.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Offshore Support Solution Drilling: 5 companies →Dolphin Offshore Enterprises (India) against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)32.9 against a typical 15.8: pricier than most peers (1st = cheapest).5th of 5
- Sales growth+168.8% against a typical +44.7% from a year earlier.1st of 5
- Profit growth+36.4% against a typical +16.3% from a year earlier.2nd of 4
- Share price, 3 months+59.1% against a typical −8.9%.1st of 5
- Size₹ 2,228.2 Cr. market value against a typical ₹ 117 Cr. (1st = largest).1st of 4
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 31 Oct 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 24 Jul 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 29 Jan 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 1 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 22 Jul 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 28 Apr 2025 | Financial Results | To consider and approve the financial results for the period ended March 31, 2025 |
| 27 Jan 2025 | Financial Results | To consider and approve the financial results for the period ended December 31, 2024 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2 | 2 | 2 | 8 | 17 | 28 | 20 | 16 | 25 | 30 | 45 | 43 |
| Expenses | 1 | 1 | 7 | 2 | 4 | 13 | 9 | 1 | 3 | 8 | 33 | 18 |
| Operating Profit | 1 | 1 | −5 | 6 | 13 | 16 | 11 | 16 | 22 | 22 | 12 | 25 |
| OPM % | 42% | 40% | −253% | 74% | 76% | 55% | 55% | 95% | 89% | 75% | 27% | 59% |
| Other Income | 3 | 0 | 2 | 2 | 0 | 1 | 0 | 0 | 4 | 2 | 12 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 3 | 4 | 5 | 4 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 4 | 5 | 5 | 5 |
| Profit before tax | 4 | 0 | −4 | 8 | 13 | 16 | 10 | 11 | 19 | 16 | 14 | 16 |
| Tax % | 0% | 0% | −138% | 5% | −1% | 6% | −2% | −5% | 18% | 17% | −100% | 10% |
| Net Profit | 4 | 0 | 1 | 8 | 13 | 16 | 10 | 11 | 16 | 13 | 28 | 15 |
| EPS in Rs | 1.12 | 0.11 | 0.36 | 1.89 | 3.23 | 3.89 | 2.61 | 2.83 | 3.9 | 3.32 | 7.08 | 3.7 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- −3%
- 5 Years
- —
- 3 Years
- —
- TTM
- 74%
- 10 Years
- 5%
- 5 Years
- —
- 3 Years
- 115%
- TTM
- 43%
- 10 Years
- 52%
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 11%
- 3 Years
- 16%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Dolphin Offshore Enterprises (India) | ₹ 597.00 | ₹ 2,228 Cr. | 32.9x | 6.7x | 22% | — |
| Aegis Logistics | ₹ 1,254.50 | ₹ 44,033 Cr. | 52.7x | 7.8x | 16.8% | 13.3% |
| Man Industries (India) | ₹ 743.00 | ₹ 5,557 Cr. | 22.4x | 1.9x | 9.2% | 4.8% |
| Deep Industries | ₹ 674.10 | ₹ 4,314 Cr. | 9.7x | 1.5x | 9.4% | 22.1% |
| Asian Energy Services | ₹ 395.00 | ₹ 1,919 Cr. | 27.6x | 3.2x | 11.5% | 6.6% |
| United Drilling Tools | ₹ 176.60 | ₹ 361 Cr. | 23.8x | 1.6x | 7% | 10.5% |
Management
- Sabyasachi Hajara
- Chairman of the Board
- Divyesh Umeshkumar Shah
- Chief Financial Officer
- Rohan Vasant Kumar Shah
- Additional Executive Director - Finance Director
- Krena Bharatbhai Khamar
- Compliance Officer, Company Secretary
- Umaparvati Srinivasan
- Vice President - Finance (Accounts & Finance)
- Tapan Banik
- Chief Operating Officer, Vice President - Operations (Operation Division)
- Prakash Malvankar
- Chief Operating Officer, Vice President - Projects (Projects Division)
- Rupesh Kantilal Savla
- Managing Director, Additional Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.