Dolphin Offshore Enterprises (India) logo

Dolphin Offshore Enterprises (India) share price

NSE: DOLPHINBSE: 522261OilSmall Cap

Dolphin Offshore Enterprises (India) Limited · Face value ₹1 · Listed Dec 1994 on BSE, Jul 2010 on NSE
Last close ₹594.90up ₹5.55 (0.94%)BSE ₹593.00

Share price at the NSE close on 28 Oct 2026. Previous close ₹589.35.

28 Oct: open ₹581.15, high ₹604.00, low ₹574.05

52-week range of traded prices to 28 Oct 2026
₹322.00Low, 10 Dec 2025₹749.50High, 23 Sep 2026
Market cap
₹2,380 Cr1,247th largest listed
P/E
33.04
P/B
6.73
Dividend yield
Nonein the last 12 months
ROE
23.0%
ROCE
11.5%
Debt to equity
0.58
Volume, NSE
16,63535.2% delivered

Dolphin Offshore Enterprises (India) share price chart

Daily closes since Aug 2023, BSE closes Jan 2007 to Jul 2007, Jul 2007 to Feb 2008, Feb 2008 to May 2008, May 2008 to Jul 2010, Nov 2012 to Aug 2013, Aug 2013 to Feb 2014, in Feb 2014, Mar 2014 to Jun 2014, Jun 2014 to Jul 2014, in Jul 2014, in Jul 2014, Jul 2014 to Aug 2014, Aug 2014 to Jul 2015, in Aug 2015, Aug 2015 to Mar 2016, Mar 2016 to Jun 2017, Jun 2017 to Nov 2017, in Nov 2017 and Nov 2017 to Apr 2018, adjusted for splits and bonuses. Earlier closes are left out: on 21 Aug 2023 the price changed in a way no corporate action on record explains.

+57.7%over a year · Nifty 500 −8.8%

Results20-session average 37,875 shares a day, 49.8% delivered
Revenue growth, 12 months
+73.9%
Net profit growth, 12 months
+43.3%

Quarter to Jun 2026, against the quarter before

Revenue
₹43 Crdown 5.53%
Net profit
₹15 Crdown 47.70%
Net margin
34.6%

Revenue by quarter

₹17 CrSep 24₹29 CrDec 24₹20 CrMar 25₹16 CrJun 25₹25 CrSep 25₹30 CrDec 25₹45 CrMar 26₹43 CrJun 26
Peak revenue ₹45 Cr, quarter to Mar 2026; lowest ₹16 Cr, quarter to Jun 2025

Net profit by quarter, a loss in red

₹13 CrSep 24₹16 CrDec 24₹10 CrMar 25₹11 CrJun 25₹16 CrSep 25₹13 CrDec 25₹28 CrMar 26₹15 CrJun 26
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue16.728.520.416.424.630.045.442.8
Net profit12.915.610.411.315.613.328.314.8
Net margin77.2%54.6%51.1%68.9%63.4%44.2%62.5%34.6%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, Oil and Gas Offshore Support Services, which carries all its revenue.

Valuation

Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record.Dolphin Offshore Enterprises (India) PE ratio and valuation

Price to earnings

At or below today's level on 40% of 667 trading days over the last 3 years.

LowestHighest
Its median34.87Industry median12.52
Price to book

At or below today's level on 64% of 617 trading days over the last 3 years.

LowestHighest
Its median5.96Industry median1.26

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+36.9%+47.4%−7.1%0.0%
Longer windows are left empty: a corporate action or price step on 2023-08-21 that cannot be sized sits inside this window.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Dolphin Offshore Enterprises (India) shareholding pattern

Shareholding by group

  • Promoters74.99%
  • Foreign institutions4.63%
  • Indian institutions0.31%
  • Individuals and others20.07%
Holder
Deep Onshore Services Private LimitedPromoter74.99%
Krishang Vaibhav ShahResident individuals, over ₹2 lakh at face value4.00%
Unico Global Opportunities Fund LimitedForeign portfolio investors, category I2.83%
Pushpaben GadhechaResident individuals, over ₹2 lakh at face value2.35%
Ebisu Global Opportunities Fund LimitedForeign portfolio investors, category I1.74%
Bela Himanshu ShahResident individuals, over ₹2 lakh at face value1.50%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Since Jun 2026: promoters unchanged, foreign institutions +0.06 pts, Indian institutions unchanged.

Dolphin Offshore Enterprises (India) competitors and peers

Oil, 22 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to Dolphin Offshore Enterprises (India) in market cap.Oil and gas companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Vedanta Oil and Gas logoVedanta Oil and GasVOGL10,980––––––0.00%
Deep Industries logoDeep IndustriesDEEPINDS4,33921.012.17+48.8%–10.8%13.8%0.37%
Antelopus Selan Energy logoAntelopus Selan EnergyANTELOPUS3,72420.904.85+82.9%+210.1%26.3%30.7%0.00%
Prabha Energy logoPrabha EnergyPRABHA2,6472,411.59–––0.3%−0.1%0.00%
Hindustan Oil Exploration Company logoHindustan Oil Exploration CompanyHINDOILEXP2,02480.621.46−17.8%−83.2%1.9%−0.1%0.00%
Asian Energy Services logoAsian Energy ServicesASIANENE1,999––+82.0%––13.2%0.30%
Jindal Drilling and Industries logoJindal Drilling and IndustriesJINDRILL1,4627.630.80+11.7%−19.5%11.2%10.1%0.20%
Gujarat Natural Resources logoGujarat Natural ResourcesGNRL1,35570.16–+93.6%–––0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Latest announcements

Routine notices left out.Dolphin Offshore Enterprises (India) announcements

Dolphin Offshore Enterprises (India) share price by year

Each calendar year to 2025.Dolphin Offshore Enterprises (India) share price history

YearClose at year endChangeHighest closeLowest close
2025479.20−16.6%569.40205.40
2024574.35+348.0%903.55130.76
2023128.20–128.2011.45
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2023 is from its first session, 21 Aug 2023.

Recent sessions

The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
27 Oct 2026558.00596.55558.00589.35582.9921,09443.3%
26 Oct 2026551.80578.00550.75564.00563.2424,76936.4%
23 Oct 2026602.00602.00547.95554.05558.9031,78245.5%
22 Oct 2026576.25611.00567.05588.20583.1853,43446.7%
21 Oct 2026621.00633.70585.55595.80605.7052,94965.5%
19 Oct 2026665.35665.35622.50630.55640.5217,01649.5%
16 Oct 2026633.50658.95633.50652.40649.3231,47252.5%
15 Oct 2026621.00643.20621.00634.15630.8930,15456.4%
14 Oct 2026634.40649.40630.00632.15636.2916,39252.1%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Stock split history

Ex-dateEventPrice factorWhat happened
25 Jan 2024Split0.1000Each share became 10.
21 Aug 2023Price move–Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown.
29 Jun 2009Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
11 Jan 2007Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Where an event has no factor that can be worked out, the chart leaves out the closes before it. Any other event is noted and not adjusted for.

Company details

Chairperson
Dharen Savla
At the end of the quarter to Sep 2026
Managing director
Rupesh Kantilal Savla
At the end of the quarter to Sep 2026
NSE symbol
DOLPHIN
BSE code
522261
ISIN
INE920A01037
Industry
Oil
Former symbols
DOLPHINOFF
CIN
L11101MH1979PLC021302
Corporate identity number, the registrar of companies' code for it
Incorporated
1979
Registered office
May Fair, A-11, Second Floor, New Fair Co-Operative Housing Society Ltd., 26, S.V. Road, Bandra (West), Mumbai 400050, Maharashtra
Share registrar
MUFG Intime India Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments