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DOLPHIN (DOLPHIN) Fair Value & Analysis

Energy · Market cap ₹15.1B

D DOLPHIN DOLPHIN · NSE
Price₹377.15
Fair Value₹168.11
Upside-55.4%
Quality42/100
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Evidence: High Range ₹117.89 – ₹672.44

Fair value as of: Jul 3, 2026

From 16 valuation models · updated today

Share price −6.2% over the past month.

Price vs Fair Value (12 months)

₹486.35 ₹332.90 Fair Value ₹168.11 Jul 2025 Jul 2026

12‑month range ₹332.90 – ₹486.35 · fair‑value band ₹117.89 – ₹672.44 · the ₹377.15 price screens above the ₹168.11 fair value. As of Jul 3, 2026.

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Analysis

DOLPHIN (DOLPHIN) currently trades at ₹377.15, while our model-based Fair Value estimate is ₹168.11 — implying the stock looks roughly 55.4% overvalued today. We read business quality at 42/100 (below-average quality), in the Energy sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, DOLPHIN generated revenue of ₹1.2B at a net margin of 58.9%. Revenue grew 121.9% year over year. It earns a return on equity of 21.9%. Net debt stands at ₹1.9B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹1.2B
Revenue growth (YoY) +122%
Net margin 58.9%
Return on equity 21.9%
Free cash flow −₹324M FY2026
P/E ratio 22.0
More key figures
Operating margin 16.2%
EPS (TTM) ₹17.12
EPS growth (YoY) +171%
Net debt ₹1.9B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

DOLPHIN reported revenue of ₹1.2B in FY2026 versus ₹0 in FY2022. Reported net income was ₹685M in FY2026.

Revenue
FY22 ₹0
FY23 ₹0
FY24 ₹64.7M
FY25 ₹740M
FY26 ₹1.2B
Net income
FY22 −₹143M
FY23 ₹361M
FY24 ₹55.7M
FY25 ₹465M
FY26 ₹685M

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Frequently asked questions

Is DOLPHIN (DOLPHIN) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹168.11 versus a price of ₹377.15 — about −55% (overvalued). Model-based estimate, not financial advice.
What is the fair value of DOLPHIN?
Our model-based fair value for DOLPHIN is ₹168.11 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹377.15.
What is the quality score of DOLPHIN?
DOLPHIN has a Quality Score of 42/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of DOLPHIN (DOLPHIN)?
DOLPHIN reported trailing-twelve-month revenue of about ₹1.2B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of DOLPHIN?
The net profit margin of DOLPHIN is about 58.9%, meaning it keeps roughly 58.9% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.