Dredging Corporation Of India Limited

Provides dredging and marine services for construction and environmental protection.

1976 | Delhi (India) | Active
Last Updated:

Dredging Corporation Of India Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 28.00 Cr
  • Company Age 49 Year, 15 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 983.40 Cr
  • Satisfied Charges ₹ 2,912.22 Cr
  • Revenue Growth 45.72%
  • Profit Growth 267.23%
  • Ebitda 48.79%
  • Net Worth 1.59%
  • Total Assets 4.42%

About Dredging Corporation Of India

Dredging Corporation Of India Limited (DCOIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 March 1976 and has a history of 49 years. Its registered office is in Delhi, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 523618 and on the National Stock Exchange(NSE) under DREDGECORP.

The Company is engaged in the Infrastructure And Utilities Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 30.00 Cr and a paid-up capital of Rs 28.00 Cr.

The company currently has active open charges totaling ₹983.40 Cr. The company has closed loans amounting to ₹2,912.22 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Dredging Corporation Of India Limited India are Kiran Easankarala as Cfo, Durgesh Dubey as Ceo, and Chandra Podugu as Company Secretary. Nutan Biswas, Arun Gupta, Madhaiyaan Angamuthu, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L29222DL1976PLC008129

  • Company No.

    008129

  • Stock Symbol

    BSE : 523618 NSE : DREDGECORP

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Mar 1976

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Infrastructure and Utilities
Company report

Dredging Corporation Of India Limited

Explore comprehensive data for Dredging Corporation Of India Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Dredging Corporation Of India?

Executive Team (3)

NameDesignationAppointment DateStatus
Kiran Easankarala CFO26-Mar-2024Current
Durgesh Dubey CEO23-Apr-2024Current
Chandra Podugu Company Secretary14-Jul-2022Current

Board Members (9)

NameDesignationAppointment DateStatus
Lov Verma Country flag representing In Director 28-Feb-2023Current
Nutan Biswas Country flag representing In Director 22-Dec-2020Current
Arun Gupta Country flag representing In Director 04-Jul-2022Current
Madhaiyaan Angamuthu Country flag representing In Director 19-May-2023Current
Vinod Pipersenia Country flag representing In Director 26-May-2022Current
Haranadh Polamraju Country flag representing In Director 23-Oct-2021Current

Financial Performance of Dredging Corporation Of India.

Dredging Corporation Of India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.72% increase. The company also saw a substantial improvement in profitability, with a 267.23% increase in profit. The company's net worth moved up by a moderate rise of 1.59%.

Dredging Corporation Of India revenue growth over time
Dredging Corporation Of India profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
45.72%
Revenue from Operations
45.77%
Total Assets
4.42%
Profit or Loss
267.23%
Net Worth
1.59%
EBITDA
48.79%

What is the Ownership and Shareholding Structure of Dredging Corporation Of India?

In 2020, Dredging Corporation Of India had a promoter holding of 73.47% and a public holding of 26.53%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹983.40 Cr

Satisfied Charges

₹2,912.22 Cr

Charges Breakdown by Lending Institutions

  • Others : 634.40 Cr
  • Canara Bank : 249.00 Cr
  • Indian Bank : 50.00 Cr
  • State Bank Of India : 50.00 Cr

Latest Charge Details

DateLenderAmountStatus
04 Mar 2024State Bank Of India₹50.00 CrOpen
15 Nov 2023Others₹75.00 CrOpen
26 May 2023Indian Bank₹50.00 CrOpen
04 Nov 2022Others₹409.40 CrOpen
09 Mar 2021Others₹150.00 CrOpen

How Many Employees Work at Dredging Corporation Of India?

Dredging Corporation Of India has a workforce of 248 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Dredging Corporation Of India Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Dredging Corporation Of India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Dredging Corporation Of India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Dredging Corporation Of India

Recent activity within the organization

  • Annual General Meeting

    Dredging Corporation Of India Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Director Appointment

    Sushil Kumar Singh was appointed as a Director was appointed as a Director on 05 Jul 2024 & has been associated with this company since 9 months 9 days .

  • Director Appointment

    Durgesh Kumar Dubey was appointed as a Ceo was appointed as a Ceo on 23 Apr 2024 & has been associated with this company since 11 months 21 days .

  • Director Appointment

    Durgesh Kumar Dubey was appointed as a Managing Director was appointed as a Managing Director on 16 Apr 2024 & has been associated with this company since 11 months 28 days .

  • Balance Sheet

    Dredging Corporation Of India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Director Appointment

    Kiran Easankarala was appointed as a Cfo was appointed as a Cfo on 26 Mar 2024 & has been associated with this company since 1 year 18 days .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Dredging Corporation Of India Limited?

    Dredging Corporation Of India Limited was incorporated on 29 Mar 1976.

  • What is authorized share capital and paid-up capital of Dredging Corporation Of India Limited?

    The authorized share capital of Dredging Corporation Of India Limited is ₹ 30.00 Cr and paid-up capital is ₹ 28.00 Cr.

  • Who are the current board members & directors of Dredging Corporation Of India Limited?

    Currently 13 directors are associated with Dredging Corporation Of India Limited.

    • Kiran Easankarala
    • Durgesh Kumar Dubey
    • Nutan Guha Biswas
    • Arun Kumar Gupta
    • Madhaiyaan Angamuthu
    • Vinod Kumar Pipersenia
    • Haranadh Lakshmi Polamraju
    • Lov Verma
    • Unmesh Sharad Wagh
    • Durgesh Kumar Dubey
    • Rajat Sachar
    • Sushil Kumar Singh
    • Chandra Kalabhinetri Podugu
  • What is the registered address of Dredging Corporation Of India Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Dredging Corporation Of India Limited is Core-2 Firstfloor Scopeminar Plotno.2A 2B Laxminagardisrictcent Re, India, Delhi, 110091.

  • What is the corporate identification number (CIN) and company number of Dredging Corporation Of India Limited?

    The corporate identification number (CIN) of Dredging Corporation Of India Limited is L29222DL1976PLC008129 and the company number is 008129 as per Ministry of Corporate Affairs (MCA).

  • Is Dredging Corporation Of India Limited registered with any stock exchange in India?

    Yes, Dredging Corporation Of India Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): DREDGECORP.

  • What is the official website of Dredging Corporation Of India Limited?

    The Official website of Dredging Corporation Of India Limited is https://www.dredge-india.nic.in

  • What has been the recent revenue trend for Dredging Corporation Of India Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Dredging Corporation Of India Limited has risen by 45.72%.

  • How many employees does Dredging Corporation Of India Limited currently have?

    As Per 2023 financial reports, 248 employees are currently employed by Dredging Corporation Of India Limited.

  • What change has been observed in the net worth of Dredging Corporation Of India Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Dredging Corporation Of India Limited has experienced an upsurge of 1.59%.

  • What are the total open charges for Dredging Corporation Of India Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Dredging Corporation Of India Limited amount to ₹ 983.40 Cr.

  • When was the last Balance Sheet of Dredging Corporation Of India Limited filed with the ROC?

    The most recent Balance Sheet for Dredging Corporation Of India Limited was filed with the ROC on 31 Mar 2024.

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