DOLPHIN · NSE
Dolphin Offshore Enterprises (India) Limited
₹665.5
-1.22% (-₹8.2)
Prev. close
₹673.7
Volume
27,025
Delivery %
42.8%
As of
18 Sept 2026
Price history
No analyst calls on this stock in the last 90 days yet.
Explore by date range →Analyst opinions
Fundamentals
About Dolphin Offshore Enterprises (India) Limited
Dolphin Offshore Enterprises (India) Limited provides offshore and marine services to the oil and gas industry in India. The company offers diving and underwater services, including underwater construction services entailing modification and redevelopment of existing offshore facilities; pre-engineering surveys; diving support for pipe laying and pipeline stabilization; inspection, maintenance, and repair of platforms; installation and replacement of tie-ins, risers, and conductors; underwater ship repair and maintenance; rig support diving services, including UWILD surveys; and inspection required for various certifying bodies. It also provides pre-engineering surveys, preparation of ISO's and bill of materials, transportation, and prefabrication of spools; onshore fabrication services; modifications on unmanned and process platform, installation of riser clamps and protectors, deck extension, boat landing, clamp-on structure, and running conductors; painting; hook-up and commissioning work; installation of walk-way bridges; replacement of cranes, FG skids, chlorinators, and deluge systems; piping works; structural works; and repairs to spud-can, mud-mats, and shock-pad foundation on jack-up rigs. In addition, the company offers pre-engineering, pre-construction, and post installation surveys of offshore structures/ pipelines; procurement of material and onshore fabrication; marine load outs, sea fastening, and transportation; installation of riser, conductor, i-tube, anodes and relocation of subsea clamps; diving and topside support; free span corrections; and design engineering services. Further, it provides floating/dry dock and in-situ emergency repairs; underwater repairs and maintenance; hull painting, plating, and piping and structural repairs and replacement; and engine repairs services. The company was incorporated in 1979 and is based in Mumbai, India. Dolphin Offshore Enterprises (India) Limited is a subsidiary of Deep Onshore Services Private Limited.
Details
Sector
Energy
Industry
Oil & Gas Equipment & Services
CEO
Mr. Divyesh Umeshkumar Shah
Headquarters
Mumbai
Website
dolphinoffshore.comExchange
View on NSE ↗Key stats
Market cap
₹2,662.30 Cr
P/E ratio (TTM)
37.0
EPS (TTM)
₹17.97
Beta (1Y · daily vs NIFTY 50)
0.32
Beta (5Y · monthly vs NIFTY 50)
1.33
Shares float
53.47 L
EPS · quarter ended Jun 2026
₹3.70
Financial Performance
01 · Financials
FY23 growth needs FY22 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based
05 · Capital Structure & Asset Utilization
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Other assets floored at zero for years where fixed and current assets exceeded reported total assets.
07 · Debt Level & Coverage
08 · Profit & Loss
Annual
| Line item | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| — | ₹0 | ₹6.47 Cr | ₹74.02 Cr | ₹116.42 Cr | |
| EBITDA | — | ₹44.04 Cr | ₹2.57 Cr | ₹48.98 Cr | ₹89.80 Cr |
| — | ₹36.11 Cr | ₹5.57 Cr | ₹46.48 Cr | ₹68.54 Cr | |
| Diluted EPS | — | ₹4.57 | ₹1.59 | ₹11.62 | ₹17.13 |
Revenue, Total expenses (as filed), Employee benefit expense, Depreciation & amortisation, Other expenses, EBITDA, Net income, Pretax income, Tax provision, Interest expense, Other income, Diluted EPS have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
09 · Balance Sheet
Annual
| Line item | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ₹338.00 Cr | ₹201.00 Cr | ₹227.00 Cr | ₹461.00 Cr | ₹608.00 Cr | |
| ₹130.67 Cr | ₹18.03 Cr | ₹1.16 Cr | ₹164.75 Cr | ₹203.21 Cr | |
| Stockholders' equity | ₹42.00 Cr | ₹177.00 Cr | ₹221.00 Cr | ₹272.00 Cr | ₹353.00 Cr |
CWIP, Others, Long-term debt, Current (short-term) debt have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| — | ₹-4.42 Cr | ₹3.53 Cr | ₹10.47 Cr | ₹45.34 Cr | |
| Investing cash flow | — | ₹7.00 L | ₹-23.57 Cr | ₹-166.54 Cr | ₹-74.91 Cr |
| ₹1.00 Cr | ₹5.00 Cr | ₹20.00 Cr | ₹164.00 Cr | ₹31.00 Cr | |
| Capital expenditure | — | — | ₹-14.12 Cr | ₹-170.47 Cr | ₹-73.51 Cr |
| End cash position | — | ₹64.48 L | ₹16.30 L | ₹8.36 Cr | ₹9.91 Cr |
Operating cash flow, Depreciation & amortization, Change in working capital, Investing cash flow, Dividends paid, Capital expenditure, End cash position have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Mar 23–Sep 23(2Q) | Oct 23–Jun 26(12Q) |
|---|---|---|
| Promoter | 94.98% | 74.99% |
| Public | 5.02% | 25.01% |
| Employee trusts | 0.00% | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Energy
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| Reliance Industries Limited | ₹16.84 L Cr | ₹1,226.4 | 22.5 | 1.86 | 8.9% | 0.44 | +9.6% | -13.3% |
| Adani Enterprises Limited | ₹4.16 L Cr | ₹3,020 | 50.8 | 5.14 | 11.5% | 1.32 | +2.6% | +25.7% |
| Oil & Natural Gas Corporation Limited | ₹2.92 L Cr | ₹232.8 | 6.7 | 0.79 | 11.1% | 0.47 | -0.6% | -1.2% |
| Coal India Limited | ₹2.58 L Cr | ₹409.9 | 8.3 | 2.16 | 26.1% | 0.12 | +0.1% | +4.3% |
| Indian Oil Corporation Limited | ₹1.90 L Cr | ₹137 | 5.5 | 0.86 | 19.2% | 0.60 | +2.6% | -6.9% |
| Bharat Petroleum Corporation Limited | ₹1.30 L Cr | ₹307 | 7.6 | 1.29 | 25.8% | 0.54 | +2.6% | -5.1% |
| Oil India Limited | ₹77,654.26 Cr | ₹475.7 | 9.3 | 1.34 | 11.4% | 0.65 | +4.4% | +19.2% |
| Hindustan Petroleum Corporation Limited | ₹74,601.46 Cr | ₹359 | 44.7 | 1.14 | 27.5% | 0.85 | +1.0% | -12.1% |
| Aegis Logistics Limited | ₹47,518.38 Cr | ₹1,415.4 | 38.0 | 7.85 | 14.8% | 0.69 | +26.1% | +80.4% |
| Petronet LNG Limited | ₹42,517.51 Cr | ₹292.6 | 10.1 | 1.91 | 17.6% | 0.11 | -14.5% | +4.6% |
| Aegis Vopak Terminals Limited | ₹32,901.81 Cr | ₹310.7 | 108.0 | 7.67 | 7.2% | 0.87 | +17.0% | +27.3% |
| Dolphin Offshore Enterprises (India) Limited | ₹2,695.11 Cr | ₹673.7 | 37.5 | 7.63 | 19.4% | 0.57 | +57.3% | +67.9% |
Ranked by market cap within Energy, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Show all 26
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.