₹877.0
+0.42% today
· 30d -2.23%
as of 2026-11-09
Price · Daily Candles
“Dredge Corp's Profit Soars by 306% YoY, Outshining Muted Revenue Growth.”
Dredge Corporation delivered a remarkable 306.15% YoY net profit growth in Q4 2026 to ₹87 Cr, despite a modest 3.42% increase in quarterly revenue. This financial performance has contributed to a 64.47% price surge over the last year, pushing the stock's TTM PE to 212.04.
BULL CASE
+Net profit saw a massive 306.15% YoY increase in Q4 2026, reaching ₹87 Cr.
+Operating profit jumped 84.15% YoY to ₹145 Cr in Q4 2026, with OPM expanding by 13.23% to 30.17%.
+Company stock price has delivered strong returns, up 64.47% over the last year and 18.5% over the past month.
+DIIs have increased their stake by 0.17% QoQ to 8.32% in Q4 2026.
+The stock is exhibiting strong bullish signals from MACD (19.5944) and moderate bullish signals from RSI(14) (68.13).
BEAR CASE
−Revenue growth was modest at 3.42% YoY in Q4 2026 and 5.79% annually for FY26.
−The trailing twelve months PE ratio stands at 212.04, significantly higher than many peers.
−Forecasts indicate weak growth ranks for FCF (e.g., FCF 1y recent 2y rank is 0.043, implying weak growth) and muted sales/EBIT growth.
−FIIs reduced their stake by 0.13% QoQ to 0.38% in Q4 2026.
−The company's 3-year revenue CAGR is a subdued 1.13% through FY23.
⟳ What Changed
₹ Latest Earnings · Q ending 2026-06-30
REVENUE
₹355 Cr
+46.73% YoY
NET PROFIT
₹11 Cr
OPM
17.65%
-2.07pp YoY
EPS
₹4.01
PE 212.04
Intrinsic value · DCF: N/A — ML model predicts severe Δ FCF compression (h1=-46.2%, h2=-50.0%, h3=-49.5% of mktcap), driving projected FCF negative by year 3 despite healthy current FCF. Treating as forecast outlier rather than reporting a misleading ₹0 valuation. Use the Strategy Fit and ML sections instead.
◇ Sector Position
DREDGECORP (PE 212.04) trades at a significant premium to peers like LT (PE 34.54) and KPIL (PE 21.3) within the Engineering & Construction sector, yet its ROCE is not explicitly provided in the peer set for a direct profitability comparison.
PEERPEROCE %
DREDGECORP212.04—
+ 2 more peers — sign in to view
ML Forward Growth Predictions 🔒
46
SCORE / 100
Overall
6-axis composite of the sections below.
Performance
POSITIVE
55
Valuation
STRETCHED
5
Growth
MUTED
48
Profitability
HIGH
75
Technicals
WEAK
40
Risk
MODERATE
50
Key Stats
TTM PE
212.04
P/B
2.28
52W HIGH
₹1286.0
OFF HIGH
-31.8%
MKT CAP
₹2456 Cr
◉ Active Signals
MACDNeutral10.7549
RSI(14)Neutral48.78
⧉ Strategy Fit 🔒