Dolphin Offshore Enterprises (India) Limited
Dolphin Offshore Enterprises (India) Limited (DOLPHIN): company summary
The company's business is improving, with annual revenue rising 57.3% and annual net profit growing 49.0%.
Dolphin Offshore Enterprises (India) Limited (DOLPHIN) is a micro-cap Oil, Gas & Consumable Fuels company valued at ₹2,618 crore operating in Offshore Support Solution Drilling on the NSE and BSE.
- Recent price move
- Dolphin Offshore Enterprises (India) Limited last traded at ₹638, modestly up 0.93% on the day.
- Recent developments
- On 2026-09-30, promoter holding remained at 74.99%, with foreign institutional holding rising by 0.06 percentage points to 4.63%. The company has not paid dividends despite reporting profits.
- Financial performance
- The company's business is improving, with annual revenue rising 57.3% and annual net profit growing 49.0%. The latest quarter saw revenue surge 167.8% compared to the same quarter a year earlier, while net profit increased 34.6%.
- Valuation multiples
- The stock trades at 37.2 times earnings, 7.42 times book value.
- Things to watch
- The net profit margin narrowed by 3.3 percentage points to 58.9%. The company has not distributed dividends to shareholders despite consistent profitability. The stock is 13.0% below its 52-week high.
- Where it stands
- Dolphin Offshore Enterprises Ltd reported strong revenue and profit growth in the latest quarter, with net profit margin slightly declining. The stock is trading 13.0% below its 52-week high, and the company has not paid dividends despite profits.
Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.
Price performance
Supported by momentum (7.5) and quality (6.5), but held back by valuation (1.2). Momentum looks strong at 7.5, but that is offset by valuation at 1.2. We are calling it Mixed rather than resolving the conflict for you.
DocStoX score
Low confidenceAt a glance
Key highlights
- Healthy net margin (59%)
- Profit compounding 24% a year
- Strong returns on equity (23%)
- Revenue shrinking 7% a year
- Valuation is weak (1.2/10)
Growth
Financials
Technicals
Peers
News
Forecasts
About the company
More data
Filings, corporate actions and ownership detail — opened on demand.
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