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    Dolphin Offshore Enterprises (India) Limited

    Mumbai-based oil & gas company operating via overseas subsidiaries in Mauritius and the UAE.

    Oil, Gas & Consumable Fuels
    Energy
    ₹377
    -4.66% from avg

    Overview

    Price

    ₹377

    Market Cap

    ₹1.5k Cr

    Sector

    Oil, Gas & Consumable Fuels

    Energy

    Rank

    5

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY17FY18FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital17171734444
    Reserves57356625174217268298349
    Borrowings5864131181165194203
    Other Liabilities10514616565242751
    Total Liabilities753793338201227461523608
    AssetsFixed Assets324289665831286309
    CWIP00004722200
    Investments0020015273234
    Other Assets429503253143164211205265
    Total Assets753793338201227461523608

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY16FY17FY18FY22FY23FY24FY25FY26
    ActivitiesCash from Operating20-822-1-441045
    Cash from Investing-522-600-24-167-75
    Cash from Financing-17-13-18152016431
    SummaryCapital Expenditure
    Free Cash Flow14-822-1-49-160-28
    FCF Margin

    Valuation

    Too capital-hungry for an earnings DCF

    For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.

    DOLPHIN · CAPITAL_INTENSIVE

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