Dolphin Offshore Key Ratios
NSE: DOLPHIN | BSE: 522261
₹619.60
As on 03-Sep-2026 15:58IST
Market cap
₹2,484 Cr
Revenue (TTM)
₹143 Cr
P/E Ratio
34.5
P/B Ratio
6.7
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -5.53 | 160.57 | 73.92 | -- | -- |
| EBIT | 178.08 | 53.77 | 20.82 | 107.64 | -- |
| Net Profit | -47.71 | 30.71 | 43.30 | 23.82 | -- |
| EPS | -47.70 | 30.72 | 43.29 | 14.44 | -- |
| Book Value | -- | -- | 29.74 | 16.31 | -- |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| -8.68 | -- | 44.72 | 48.73 | 61.71 |
| Net Margin
| 54.10 | -- | 44.94 | 51.21 | 60.27 |
| Return on equity
| 9.53 | -- | 21.97 | 21.90 | 18.83 |
| Return on Capital
| 5.31 | -- | -- | 14.92 | 14.81 |
| Return on Assets
| 6.31 | -- | 13.48 | 13.07 | 13.69 |
| Debt to Equity (x)
| -- | -- | 0.57 | 0.58 | 0.60 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dolphin Offshore
|
--
|
14.92
|
14.81
|
0.57
|
19.81
|
|
Peer Median
|
14.81
|
--
|
--
|
--
|
--
|
ROE
21.97
Higher than Peers by 10.11
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dolphin Offshore
|
21.97
|
21.90
|
18.83
|
2.80
|
32.92
|
|
Peer Median
|
11.86
|
--
|
--
|
--
|
--
|
ROA
13.48
Higher than Peers by 4.68
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dolphin Offshore
|
13.48
|
13.07
|
13.69
|
2.63
|
13.39
|
|
Peer Median
|
8.80
|
--
|
--
|
--
|
--
|
EBIT Margin
44.72
Higher than Peers by 21.59
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dolphin Offshore
|
44.72
|
48.73
|
61.71
|
-75.57
|
--
|
|
Peer Median
|
23.13
|
--
|
--
|
--
|
--
|
Net Margin
44.94
Higher than Peers by 27.61
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dolphin Offshore
|
44.94
|
51.21
|
60.27
|
50.82
|
--
|
|
Peer Median
|
17.33
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dolphin Offshore
|
--
|
72.31
|
63.07
|
107.43
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
73.92
Higher than Peers by 37.33
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dolphin Offshore
|
73.92
|
57.28
|
1,044.50
|
--
|
--
|
|
Peer Median
|
36.59
|
--
|
--
|
--
|
--
|
EBIT Growth
20.82
Lower than Peers by 21.48
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dolphin Offshore
|
20.82
|
24.20
|
1,034.53
|
40.10
|
42.87
|
|
Peer Median
|
42.30
|
--
|
--
|
--
|
--
|
Net Profit Growth
43.30
Higher than Peers by 15.77
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dolphin Offshore
|
43.30
|
47.46
|
734.04
|
-84.57
|
352.81
|
|
Peer Median
|
27.53
|
--
|
--
|
--
|
--
|
EPS Growth
43.29
Higher than Peers by 26.63
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dolphin Offshore
|
43.29
|
47.46
|
734.06
|
-87.82
|
1,442.52
|
|
Peer Median
|
16.67
|
--
|
--
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dolphin Offshore
|
--
|
29.74
|
23.08
|
24.81
|
322.06
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.57
Higher than Peers by 0.29
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dolphin Offshore
|
0.57
|
0.58
|
0.60
|
--
|
0.10
|
|
Peer Median
|
0.28
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dolphin Offshore
|
--
|
--
|
--
|
--
|
0.10
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
5.54
Higher than Peers by 2.70
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dolphin Offshore
|
5.54
|
5.54
|
9.72
|
34.74
|
6.06
|
|
Peer Median
|
2.84
|
--
|
--
|
--
|
--
|
Quick Ratio
5.54
Higher than Peers by 3.23
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dolphin Offshore
|
5.54
|
5.54
|
9.72
|
34.74
|
6.06
|
|
Peer Median
|
2.30
|
--
|
--
|
--
|
--
|
Interest Coverage
5.17
Lower than Peers by 3.28
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dolphin Offshore
|
5.17
|
5.21
|
40.41
|
1.28
|
86.75
|
|
Peer Median
|
8.45
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
162.91
Higher than Peers by 152.62
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dolphin Offshore
|
162.91
|
199.86
|
266.82
|
2,184.94
|
--
|
|
Peer Median
|
10.29
|
--
|
--
|
--
|
--
|
Asset Turnover
0.27
Lower than Peers by 0.12
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dolphin Offshore
|
0.27
|
0.22
|
0.22
|
0.03
|
--
|
|
Peer Median
|
0.38
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dolphin Offshore
|
--
|
674.33
|
835.35
|
8,010.25
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dolphin Offshore
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dolphin Offshore
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dolphin Offshore
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
34.49
Higher than Peers by 11.65
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dolphin Offshore
|
34.49
|
23.16
|
24.58
|
212.99
|
--
|
|
Peer Median
|
22.84
|
--
|
--
|
--
|
--
|
Price / Book Value
6.75
Higher than Peers by 5.33
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dolphin Offshore
|
6.75
|
4.49
|
4.19
|
5.36
|
--
|
|
Peer Median
|
1.42
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dolphin Offshore
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.35
|
--
|
--
|
--
|
--
|
EV/EBITDA
26.90
Higher than Peers by 10.13
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dolphin Offshore
|
26.90
|
19.83
|
26.52
|
1,203.81
|
-31.47
|
|
Peer Median
|
16.77
|
--
|
--
|
--
|
--
|
Market Cap
2,484
Higher than Peers by 29
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dolphin Offshore
|
2,484
|
1,587
|
1,143
|
1,187
|
--
|
|
Peer Median
|
2,455
|
--
|
--
|
--
|
--
|