Dredging Corporation Of India Limited

Provides dredging and marine services for construction and environmental protection.

1976 | East Delhi, Delhi (India) | Active
Last Updated: June 21, 2024

Dredging Corporation Of India Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 28.00 Cr
  • Company Age 48 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • 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 48 years and ten months. Its registered office is in East Delhi, 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 2023. 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

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 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Infrastructure and Utilities

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
Sanjay Mehta Country flag representing In Director 08-May-2019Current
Vinod Pipersenia Country flag representing In Director 26-May-2022Current

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%.

Graph illustrating revenue growth over time
Graph showing 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.

Graph showing employee growth trends

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

  • 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 9 months 30 days .

    23 Apr 2024

  • Director Appointment

    Durgesh Kumar Dubey was appointed as a Additional Director was appointed as a Additional Director on 23 Apr 2024 & has been associated with this company since 9 months 30 days .

    23 Apr 2024

  • 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 10 months 27 days .

    26 Mar 2024

  • Charges

    A charge with State Bank Of India amounted to Rs. 50.00 Cr with Charge ID 100882855 was registered on 04 Mar 2024.

    04 Mar 2024

  • Director Appointment

    Unmesh Sharad Wagh was appointed as a Director was appointed as a Director on 19 Feb 2024 & has been associated with this company since 1 year 2 days .

    19 Feb 2024

  • Charges

    A charge registered on 18 Sep 2014 via Charge ID 10524995 with Export-Import Bank Of India was fully satisfied on 15 Feb 2024.

    15 Feb 2024

Frequently asked questions

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

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

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

    • Kiran Easankarala
    • Durgesh Kumar Dubey
    • Nutan Guha Biswas
    • Arun Kumar Gupta
    • Madhaiyaan Angamuthu
    • Sanjay Kumar Mehta
    • Vinod Kumar Pipersenia
    • Haranadh Lakshmi Polamraju
    • Lov Verma
    • Unmesh Sharad Wagh
    • Durgesh Kumar Dubey
    • Rajat Sachar
    • Chandra Kalabhinetri Podugu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Dredging Corporation Of India Limited is Core-2 First Floor "Scope Minar", Plot No.2A & 2B Laxminagar Disrict Centre, Delhi, India, 110091.

  • 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).

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

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

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

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

  • 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%.

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

  • The most recent Balance Sheet for Dredging Corporation Of India Limited was filed with the ROC on 31 Mar 2023.

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