Dredging Corporation of India scripts history with highest ever annual turnover in FY 2025-26.
By Amit Kumar, New Delhi, May 19
Dredging Corporation of India Limited, India's premier dredging organization under the consortium of four major ports -- Visakhapatnam Port Authority, Jawaharlal Nehru Port Authority, Paradip Port Authority and Deendayal Port Authority has achieved a historic milestone by posting its highest ever Annual Turnover of Rs. 1214.09 Crore during the Financial Year 2025-26, the best performance since its inception over the last five decades.
As per Dredging Corporation of India Limited, "The Company has also registered a profit after Tax (PAT) of Rs 4.75 Crore for the Financial Year 2025-26, reflecting strong operational efficiency, prudent financial management and unwavering commitment of Team DCI.
"Despite challenging global economic conditions and persistent inflationary pressures triggered by volatile geopolitical developments across the world, DCIL demonstrated remarkable resilience throughout the year," the DCI said in a release
DCI Limited further said in a statement, "The Company successfully navigated multiple operational challenges, including rising fuel prices, increased operational costs and intense pricing pressures while still delivering an impressive Operational Profit (EBIDA) Rs 253.46 Crore for the FY 2025-26."
The Company's robust performance highlights its adaptability, strategic planning and execution excellence. Team DCI continued to deliver all ongoing dredging projects efficiently and within stipulated timelines, ensuring complete satisfaction of clients across various ports and maritime infrastructure projects.
The Earnings Per Share (EPS) for FY 2025-26 improved significantly to Rs 5.28, from negative Rs 12.07 in the previous financial year 2024-25, reflecting enhanced shareholder value and sustained growth momentum.
Speaking on this landmark achievement, Dr Madhaiyan Angamuthu, Chairman, Dredging Corporation of India and Chairman of Visakhapatnam Port Authority & Mumbai Port Authority, stated, "This historic performance reflects the resilience, dedication, and collective commitment of the entire DCIL team."
"Despite challenging global economic and geopolitical conditions, the Company has demonstrated remarkable strength and operational excellence. I am confident that with continued teamwork, strategic vision, and unwavering determination, DCIL will scale even greater heights in the years ahead and further strengthen its position as India's premier dredging organisation," he added
Capt S Divakar, MD & CEO, DCIL, said, "The record-breaking turnover achieved during FY 2025-26 is a testimony to the hard work, professionalism, and perseverance of all employees and stakeholders of DCIL. This turnaround performance gives us renewed confidence to face future challenges with greater determination. We remain committed to driving operational efficiency, enhancing capacity, and ensuring sustainable growth for the Company in the coming years."
— ANI
Reader Comments
Impressive numbers, but I'd be interested in how much of this is one-time gains vs sustainable growth. Rs 1214 Cr turnover with only Rs 4.75 Cr PAT seems like a very thin margin. Still, a turnaround is a turnaround! 💪
As someone from Visakhapatnam, I've seen DCI work for decades. This is wonderful news for our port city's economy. The Chairman's vision under the port consortium model is clearly paying off. 🇮🇳
Rs 253 Cr EBIDA on Rs 1214 Cr turnover is respectable. But the PAT margin is still under 0.5%. They need to focus on cost reduction and better contract pricing. Still, a great turnaround from previous year's losses. Good news for maritime infrastructure!
This is what happens when you have dedicated leadership like Dr Angamuthu and Capt Divakar. From Rs 12 loss per share to Rs 5 profit - that's serious management. Hope they keep this momentum for Sagarmala projects. 🚢
Impressive resilience despite global inflation and fuel price volatility. DCI is clearly executing projects efficiently. Would love to see more transparency on how they managed costs while competitors struggled. Good for India's port infrastructure growth.
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