Dredging of IndiaNSE:DREDGECORP -2.20%67 Gross Margin % is 53.56% as of Mar. 2026, which is 30% below its 10-year median of 76.46. GuruFocus rates NSE:DREDGECORP with a GF Score™ of 67/100 and a GF Value™ of ₹869.75 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,718 Construction companies, Dredging of India ranks better than 94.7% on this metric.
Dredging Corp of India Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.1%.
The historical rank and industry rank for Dredging of India's Gross Margin % or its related term are showing as below:
NSE:DREDGECORP'
s Gross Margin % Range Over the Past 10 Years
Min: 68.36 Med: 76.46 Max: 99.13
Current: 68.36
During the past 13 years, the highestGross Margin % of Dredging of India was 99.13%. The lowest was 68.36%. And the median was 76.46%.
NSE:DREDGECORP's Gross Margin % is ranked better than 94.7% of 1718
companies
in the Construction industry
Industry Median: 20.75
vs NSE:DREDGECORP: 68.36
Dredging of India had a gross margin of 53.56% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Dredging of India was -1.10% per year.
Dredging of India (NSE:DREDGECORP) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Dredging of India had a gross margin of 53.56% for the quarter that ended in Mar. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Dredging of India Gross Margin % Related Terms
Dredging of India Gross Margin % Historical Data
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The historical data trend for Dredging of India's Gross Margin % 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: Gross Margin % Comparison
For the Engineering & Construction subindustry, Dredging of India's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Construction Industry
For the Construction industry and Industrials sector, Dredging of India's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Dredging of India's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Dredging of India (NSE:DREDGECORP) has a Gross Margin % of 53.56% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Dredging of India and its competitors. This is 30% below median its historical median of 76.46. Over the past decade, Dredging of India's Gross Margin % has ranged from 68.36 to 99.13. According to the industry distribution chart, Dredging of India ranks #91 out of 1718 companies in the Construction industry, placing it in the top 5.3%.
Is Dredging of India's Gross Margin % too high?
Dredging of India's current Gross Margin % of 53.56% is 30% below median its 10-year median of 76.46. Over the past 10 years, this metric has ranged from a low of 68.36 to a high of 99.13. The Construction industry median Gross Margin % is 20.75. Dredging of India's value of 53.56% is 158.1% above this industry median. Based on the distribution chart, Dredging of India ranks #91 out of 1718 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 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dredging of India's Gross Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Dredging of India ranks #91 out of 1718 companies for Gross Margin %. This places Dredging of India in the top 5% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 20.75. Dredging of India's value of 53.56% is 158.1% above this benchmark. Historically, Dredging of India's own Gross Margin % has ranged from 68.36 to 99.13 over the past decade. While the company's 10-year median is 76.46 vs. the industry median of 20.75, 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 Gross Margin % for a Construction company?
The median Gross Margin % among Construction companies is 20.75, based on 1,718 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dredging of India's current Gross Margin % of 53.56% is 158.1% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Dredging of India and its competitors. For the Construction industry, the median Gross Margin % is 20.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dredging of India's current Gross Margin % is 53.56%, which is 30% below median its own 10-year median of 76.46. 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 ₹869.75, compared to a current price of ₹1,051.20 — trading 20.9% above its estimated fair value. The current Gross Margin % is 53.56%, which is 30% below median its 10-year median of 76.46 and 158.1% above the Construction industry median of 20.75. Dredging of India's overall GF Score™ is 67/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Dredging of India (NSE:DREDGECORP), the current Gross Margin % is 53.56% 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 ₹1,051.20 is trading 20.9% above its estimated GF Value™ of ₹869.75.
GuruFocus considers Dredging of India to be Modestly Overvalued.
Key valuation signals for NSE:DREDGECORP:
Gross Margin %: 53.56% (30% below median its 10-year median of 76.46)
GF Value™: ₹869.75 vs. price of ₹1,051.20 (20.9% above fair value)
Industry Position: 158.1% above the Construction median (#91 of 1718)
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.
67GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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