Dolphin Offshore Enterprises Announces Audited Financial Results for Q&FY Ended March 31, 2026
Dolphin Offshore Enterprises (India) Limited announced the approval of its audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026. The Company's Board of Directors approved these results during a meeting held on May 5, 2026.The Company also confirmed the re-appointment of M/s. Manubhai & Shah LLP as its Internal Auditor for the financial year 2026-27. M/s. Manubhai & Shah LLP was established by Manubhai Patel (Founder) in Ahmedabad in 1945.
Financial Performance Highlights (Standalone Basis)
The audited Standalone financial results for the quarter and year ended March 31, 2026, were presented in comparison to the previous periods. The financial performance details are summarized below:Standalone Audited Financial Results (Rs. In Lakhs)
| Particulars | Quarter Ended 31-03-2026 | Year Ended March 31, 2026 |
|---|---|---|
| Total Income | 1,574.72 | 2,805.75 |
| Total Expenses | 799.59 | 1,644.79 |
| Net Profit / (loss) for the Period / Year | 2,697.21 | 3,753.55 |
| Total Comprehensive Income for the Period / Year | 2,697.21 | 3,753.55 |
| Earnings per equity of Rs. 1/- each (Basic) | 6.74 | 9.38 |
The Statement of Assets and Liabilities as at March 31, 2026, showed the company's Total Assets at 39,326.91 lakhs, compared to 20,562.60 lakhs in the previous year. The Total Equity & Liabilities stood at the same amount.
Standalone Statement of Cash Flow (Rs. In lakhs)
| Particulars | Year Ended March 31, 2026 | Year Ended March 31, 2025 |
|---|---|---|
| Net Cashflow from Operating Activities | 631.75 | 100.87 |
| Net Cash flow from Financing Activities | 13,669.06 | 4,691.26 |
| Cash and bank balances at the end of the year | 0.21 | 836.39 |
Consolidated Financial Performance
The consolidated results for the quarter and year ended March 31, 2026, reflected a total revenue from operations of 4,535.57 lakhs for the quarter and 11,642.04 lakhs for the year ended March 31, 2026.Consolidated Audited Financial Results (Rs. In Lakhs)
| Particulars | Quarter Ended 31-03-2026 | Year Ended March 31, 2026 |
|---|---|---|
| Total Income | 5,702.67 | 13,384.07 |
| Total Expenses | 4,288.0] | 2,955.19 |
| Net Profit / (loss) for the Period / Year | 2,8]2.69 | 4,647.95 |
| Total Comprehensive Income for the Period / Year | 3,601.93 | 5,107.80 |
| Earnings per equity of Rs. 1/- each (Basic) | 7.08 | 17.13 |
The consolidated balance sheet showed Total Assets of 60,768.71 lakhs as of March 31, 2026, up from 46,119.25 lakhs in the previous year. Total Equity & Liabilities matched this figure.
Consolidated Statement of Cash Flow (Rs. In lakhs)
| Particulars | Year Ended March 31, 2026 | Year Ended March 31, 2025 |
|---|---|---|
| Net Cashflow from Operating Activities | 4,534.18 | 1,046.99 |
| Net Cash flow from Financing Activities | 3,110.71 | 16,426.88 |
| Cash and bank balances at the end of the year | 990.77 | 836.39 |
***
Corporate Updates
Auditors' OpinionM/s. Mahendra N. Shah & Co. issued an audit report giving an unmodified opinion on the Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026.
Key Accounting Notes:
The auditors noted the recognition of additional deferred tax assets on approved carried forward losses and unabsorbed depreciation of previous years, amounting to Rs. 1,397.08 lakhs for the quarter and Rs. 1,065.49 lakhs for the year ended March 31, 2026. Additionally, management recognized an Expected Credit Loss (ECL) provision of Rs. 401.75 lakhs for the quarter and year ended March 31, 2026, based on an evaluation of trade receivables.
DOLPHIN Stock Price Movement
As of 3:06 PM, shares of Dolphin Offshore Enterprises (India) Limited are rallying, gaining 4.10% and trading at ₹427.5. The stock shows strong interest in the live market, recording a total traded volume of 195,565 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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