Dredging of IndiaNSE:DREDGECORP -0.70%65 Days Payable is 83.92 as of Mar. 2026, which is 86% below its 10-year median of 605.90. GuruFocus rates NSE:DREDGECORP with a GF Score™ of 65/100 and a GF Value™ of ₹866.97 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,712 Construction companies, Dredging of India ranks better than 81.25% on this metric.
The historical rank and industry rank for Dredging of India's Days Payable or its related term are showing as below:
NSE:DREDGECORP'
s Days Payable Range Over the Past 10 Years
Min: 198.74 Med: 605.9 Max: 8116.03
Current: 198.74
During the past 13 years, Dredging of India's highest Days Payable was 8116.03. The lowest was 198.74. And the median was 605.90.
NSE:DREDGECORP's Days Payable is ranked better than 81.25% of 1712
companies
in the Construction industry
Industry Median: 76.635
vs NSE:DREDGECORP: 198.74
Dredging of India's Days Payable
declined
from Mar. 2025 (244.01) to Mar. 2026 (83.92).
It may suggest that Dredging of Indiaaccelerated paying its suppliers.
Dredging of India Days Payable Related Terms
Dredging of India Days Payable Historical Data
* Premium members only.
The historical data trend for Dredging of India's Days Payable can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:DREDGECORP vs PWR, FIX, EME: Days Payable Comparison
For the Engineering & Construction subindustry, Dredging of India's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Dredging of India Days Payable vs Construction Industry
For the Construction industry and Industrials sector, Dredging of India's Days Payable distribution charts can be found below:
* The bar in red indicates where Dredging of India's Days Payable falls into.
Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.
Dredging of India's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Dredging of India (NSE:DREDGECORP) has a Days Payable of 83.92 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Dredging of India and its competitors. This is 86% below median its historical median of 605.90. Over the past decade, Dredging of India's Days Payable has ranged from 198.74 to 8,116.03. According to the industry distribution chart, Dredging of India ranks #321 out of 1712 companies in the Construction industry, placing it in the top 18.7%.
Is Dredging of India's Days Payable too high?
Dredging of India's current Days Payable of 83.92 is 86% below median its 10-year median of 605.90. Over the past 10 years, this metric has ranged from a low of 198.74 to a high of 8,116.03. The Construction industry median Days Payable is 76.64. Dredging of India's value of 83.92 is 9.5% above this industry median. Based on the distribution chart, Dredging of India ranks #321 out of 1712 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Dredging of India has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dredging of India's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Dredging of India ranks #321 out of 1712 companies for Days Payable. This places Dredging of India in the top 19% of its industry — outperforming the majority of peers. The industry median Days Payable is 76.64. Dredging of India's value of 83.92 is 9.5% above this benchmark. Historically, Dredging of India's own Days Payable has ranged from 198.74 to 8,116.03 over the past decade. While the company's 10-year median is 605.90 vs. the industry median of 76.64, Dredging of India has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Construction company?
The median Days Payable among Construction companies is 76.64, based on 1,712 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dredging of India's current Days Payable of 83.92 is 9.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Dredging of India and its competitors. For the Construction industry, the median Days Payable is 76.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dredging of India's current Days Payable is 83.92, which is 86% below median its own 10-year median of 605.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dredging of India stock overvalued right now?
Based on GuruFocus' analysis, Dredging of India (NSE:DREDGECORP) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹866.97, compared to a current price of ₹1,048.80 — trading 21% above its estimated fair value. The current Days Payable is 83.92, which is 86% below median its 10-year median of 605.90 and 9.5% above the Construction industry median of 76.64. Dredging of India's overall GF Score™ is 65/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Dredging of India (NSE:DREDGECORP), the current Days Payable is 83.92 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Dredging of India (NSE:DREDGECORP) Overvalued in 2026?
Based on GuruFocus' analysis, Dredging of India stock appears to be overvalued.
The current stock price of ₹1,048.80 is trading 21% above its estimated GF Value™ of ₹866.97.
GuruFocus considers Dredging of India to be Modestly Overvalued.
Key valuation signals for NSE:DREDGECORP:
Days Payable: 83.92 (86% below median its 10-year median of 605.90)
GF Value™: ₹866.97 vs. price of ₹1,048.80 (21% above fair value)
Industry Position: 9.5% above the Construction median (#321 of 1712)
No single metric tells the full story. See the NSE:DREDGECORP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dredging Corp of India Ltd provides integrated dredging and related marine services for ports, maritime trade, beach nourishment, reclamation, and inland dredging majorly across India. The company operates a fleet of dredgers to deepen and maintain sea coasts, river sides, canals, and ports, supporting expanding port operations driven by government initiatives such as the Sagarmala Programme. It also pursues business opportunities in overseas markets including the Middle East, Southeast Asia, and South Asia. Revenue is generated through contracts with majority ports and maritime organizations, as well as emerging industrial and infrastructure projects requiring dredging services.
65GF Score
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