₹660.0
-0.08% today
· 30d +2.8%
as of 2026-11-09
Price · Daily Candles
“Dolphin Offshore surges on quadruple-digit profit growth as OPM expands.”
Dolphin Offshore Enterprises reported robust Q4 numbers, with net profit soaring by 171.13% YoY to ₹28 Cr and revenue up 121.85% YoY to ₹45 Cr. The company's annual net profit growth was 47.46% YoY to ₹69 Cr, despite a negative 3-year revenue CAGR of -8.39%. Its TTM PE stands at 23.61, implying a `REASONABLE` valuation, yet it leads peers in profitability with a profit margin of 58.87%.
BULL CASE
+Q4 net profit surged 171.13% YoY to ₹28 Cr and revenue increased 121.85% YoY to ₹45 Cr, demonstrating strong quarterly performance.
+Annual net profit grew 47.46% YoY to ₹69 Cr, while the operating profit margin of 42.01% in Q4 drove profit efficiency.
+Promoter holding remains substantial at 74.99% as of Q4 2026, indicating high conviction.
+The company boasts a high profitability score of 90, with a profit margin of 58.87%, significantly outperforming peers.
+Machin learning predictions for sales show neutral to strong ranks, with 1-year sales recent 2-year rank at 0.42 and 1-year sales stable 7-year rank at 0.458.
BEAR CASE
−The 3-year revenue CAGR is negative at -8.39%, indicating historical top-line challenges.
−Technical indicators are `WEAK` with a MACD in a moderate bearish state (-1.9225) and a weak neutral RSI(14) at 44.63.
−The company is currently free-cash-flow negative, with a FCF yield of -1.74%, highlighting potential liquidity challenges.
−ML predictions for FCF show consistently weak ranks, with 1-year FCF recent 2-year rank at 0.276 and 1-year FCF stable 7-year rank at 0.254.
⟳ What Changed
₹ Latest Earnings · Q ending 2026-03-31
REVENUE
₹45 Cr
+121.85% YoY
NET PROFIT
₹28 Cr
+171.13% YoY
OPM
42.01%
-13.0pp YoY
EPS
₹7.08
PE 23.61
Intrinsic value · DCF: N/A — Company is currently free-cash-flow negative (-1.1% of mktcap). DCF assumes a going concern generating positive cash flow; a meaningful intrinsic value can only be computed once FCF turns positive. Use the Strategy Fit and ML sections instead.
◇ Sector Position
Dolphin Offshore trades at a TTM PE of 23.61 with a ROCE of 15.0%, positioning it above Jindrill (PE 8.55, ROCE 20.43%) and Likhitha (PE 11.73, ROCE 26.85%), but significantly lower than Aegisvopak (PE 181.41, ROCE 8.31%) among its peers in the Oil & Gas Equipment & Services sector.
PEERPEROCE %
DOLPHIN23.6115.0
+ 2 more peers — sign in to view
ML Forward Growth Predictions 🔒
82
SCORE / 100
Overall
6-axis composite of the sections below.
Performance
STRONG
90
Valuation
REASONABLE
60
Growth
STRONG
79
Profitability
HIGH
90
Technicals
STRONG
80
Risk
LOW
90
Key Stats
TTM PE
23.61
P/B
4.58
52W HIGH
₹749.5
OFF HIGH
-11.94%
MKT CAP
₹2645 Cr
◉ Active Signals
MACDBullish6.8573
RSI(14)Neutral57.66
⧉ Strategy Fit 🔒