Risk factor
Very poor trading liquidity
Profitability factor
Greatly overvalued vs peers
About
Dolphin Offshore Enterprises (India) Limited, established in Mumbai in 1979, provides a comprehensive suite of offshore and marine services for India's oil and gas sector. Its offerings include specialized underwater operations such as air, mixed gas, and saturation diving, alongside extensive design and engineering capabilities. The company also handles ship and rig repair, marine logistics, vessel operations and management, and fabrication. Furthermore, it delivers offshore hook-up and commissioning, electrical, and instrumentation services, and takes on full turnkey Engineering, Procurement, and Construction (EPC) contracts.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. In particular, the stock is reasonably priced on P/E, 'ex