About
Basic Data Updated:
5 days agoThe business of providing dredging services, including dredging and reclamation, marine services and construction, and shallow water/inland dredging, is specialized by Dredging Corporation of India Limited. DCIL is actively involved in capital dredging, maintenance dredging, beach nourishment, reclamation, environmental protection services, and other similar activities. With corporate offices situated in Visakhapatnam and Andhra Pradesh, the company was established in 1976 and has its registered office based in Delhi.
Industry
Company Details
- Location
East Delhi, Delhi, India
- Website1222442
- Telephone1222442
- Email Address1222442
- Social Media1222442
| CIN/LLPIN/FCRN | L29222DL1976PLC008129 |
| Company No. | 008129 |
| Stock Symbol | BSE : 523618 NSE : DREDGECORP |
| Company Classification | Public Limited Indian Non-Government Company |
| Incorporation Date | 29 Mar 1976 |
| Date of AGM | 27 Sep 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Listed |
| ROC Code | Roc Delhi |
Financials of Dredging Corporation Of India Limited
Dredging Corporation Of India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.72% increase. The company also saw a substantial improvement in profitability, with a 267.23% increase in profit. The company's net worth moved up by a moderate rise of 1.59%.
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Corporate Structure
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People in Dredging Corporation Of India Limited
Unlock and access historical data on people associated with Dredging Corporation Of India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
KE
Kiran Easankarala CFOAppointment Date: 26-Mar-2024
Status: Current
DD
Durgesh Dubey CEOAppointment Date: 23-Apr-2024
Status: Current
CP
Chandra Podugu Company SecretaryAppointment Date: 14-Jul-2022
Status: Current
Board Members(9)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 04 Mar 2024 | ₹50.00 Cr | Open |
Others Creation Date: 15 Nov 2023 | ₹75.00 Cr | Open |
Indian Bank Creation Date: 26 May 2023 | ₹50.00 Cr | Open |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
Haridaspur Paradip Railway Company Limited
Active
17 years 7 months Haranadh Polamraju is a mutual person
City And Industrial Development Corporation Of Maharashtra Limited
Active 54 years 1 month Unmesh Wagh is a mutual person
Recent activity within the organization
Director Appointment
Durgesh Kumar Dubey was appointed as a Ceo was appointed as a Ceo on 23 Apr 2024 & has been associated with this company since 13 days .
23 Apr 2024Director Appointment
Durgesh Kumar Dubey was appointed as a Additional Director was appointed as a Additional Director on 23 Apr 2024 & has been associated with this company since 13 days .
23 Apr 2024Director Appointment
Kiran Easankarala was appointed as a Cfo was appointed as a Cfo on 26 Mar 2024 & has been associated with this company since 1 month 10 days .
26 Mar 2024Charges
A charge with State Bank Of India amounted to Rs. 50.00 cr with Charge ID 100882855 was registered on 04 Mar 2024.
04 Mar 2024Director Appointment
Unmesh Sharad Wagh was appointed as a Director was appointed as a Director on 19 Feb 2024 & has been associated with this company since 2 months 18 days .
19 Feb 2024
Recent News, Updates & Announcement
DCIs Q1 FY2324 sees Rs 1515 crore net profit aims for record turnover of Rs 1200 crore.DCI reported a net profit of Rs 1515 crore in the first quarter of FY2324 after a loss of Rs 1418 crore in the same period last year This was due to lower expenses Total income was Rs 20519 crore down from Rs 33776 crore in the previous year DCI is resolving a dispute with MDL and aims for a record turnover of Rs 1200 crore in FY2324.
Economic Times 11 Aug 2023
- Dredging Corporation of India eyes over Rs 1300crore turnover in FY24 CEO S Divakar.
Dredging Corporation of India Ltd DCI is targeting a 12 per cent growth to hit the turnover of more than Rs 1300 crore in the ongoing financial year MD CEO S Divakar said To achieve the goal the company is looking to participate in new dredging tenders and also planning to enter new markets Divakar told PTI.
Economic Times 30 May 2023
- Adani Ports in fray for buying stake in Dredging Corporation The Financial Express.
Financial Express 14 Jul 2017
- Dredging of India Corporation sinks after weak Q4 result.
4-Traders 31 May 2017
- Dredging Corp appoints Pravir Krishn as official director.
Appointment of Shri Pravir Krishn as Parttime Official Director on the Board of the Company.
Moneycontrol 07 Mar 2017
Frequently asked questions
What is the Incorporation or founding date of Dredging Corporation Of India Limited?
