What we do Dolphin Offshore Enterprises provides underwater services to India's oil and gas sector including diving, vessel management, pipeline inspections, and turnkey marine projects. |
Founded in 1,979 |
Market share Leading underwater services provider with strong presence in Indian oil, gas, and defense sectors including ONGC and Indian Navy. |
Problem solved Enables safe and efficient underwater exploration, inspection, and marine project execution addressing critical offshore operational needs. |
Top clients or who we serve ONGC, Oil India, Reliance Industries, Cairn India, Mazagon Dock Shipbuilders, Indian Navy; primarily B2B serving energy and defense sectors. |
Key management Rupesh Kantilal Savla (Managing Director), Divyesh Shah (CFO), Krena Khamar (Company Secretary). |
Our journey and innovations Listed in 1994, expanded fleet and infrastructure, ISO certified marine management, EPC contractor for offshore projects, expanded internationally through joint ventures. |
Where we operate India primarily; also operations in Mauritius, Dubai, Iran, and partnerships with Singapore and Germany-based firms. |
Top products or what we offer Underwater engineering, diving services, vessel management, offshore logistics, pipeline inspections, marine turnkey EPC projects. |
Top brands GANGA Dolphin (survey vessel), Brahmaputra Dolphin, Prabha DP2 Accommodation Barge; key assets supporting operations. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue primarily project-based and cyclical aligned with offshore exploration activity. |
Our industry position Renowned EPC contractor and underwater service provider with significant client base and maritime infrastructure. |
Financial highlights Consolidated revenue of Rs 740.2 crore and net profit of Rs 46.48 crore for FY 2024-25, showing strong operational scale. |
Geographical revenue split Majority of revenue from Indian operations; consolidated includes subsidiaries in Mauritius and Dubai. |
Order book - |
Whats driving growth Growing offshore oil & gas exploration, infrastructure expansion, strategic partnerships, and new marine asset acquisitions. |
Our future plans Operationalizing new accommodation barge and expanding AHTS operations via subsidiaries and international partnerships. |
Our green promise - |
Our people and values Committed to compliance, safety, and employee welfare including policies on harassment prevention and internal controls. |
Key challenges ahead Market cyclicality, regulatory risks, and competition in offshore service contracts. |
Interesting facts Only Indian flag survey vessel ‘GANGA Dolphin’; pioneering SCADA system installation for unmanned platforms in India. |
Risks and strategy Focused on risk management with strong financial controls and diversification across marine EPC services. |
