Also trades as: DOLPHINOFF.BO (BSE) · $vol 0M

₹621.55 ($6.46)

-6.55 (-1.04%)

NSE · Energy · Oil & Gas Equipment & Services · Tech Score Neutral · Power 63 · ₹25.2B mcap · 7M float · 0.806% daily turnover

Analysis Technicals Weather Peers

Revenue

$1.2B +57.3% ▲

Gross Profit

$770M +59.3% ▲

Operating Income

$567M +18.2% ▲

Net Income

$685M +47.5% ▲

EPS (Diluted)

$17.13 +47.4% ▲

EBITDA

$898M +95.7% ▲

View Full Income Statement

Line Item	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$0	$0	$65M	$740M	$1.2B
YoY Growth	+0.0%	+0.0%	+0.0%	+1044.5%	+57.3%
Cost of Revenue	$135M	$75M	$28M	$257M	$394M
Gross Profit	-$135M	-$75M	$36M	$484M	$770M
Gross Margin	—	—	56.4%	65.3%	66.2%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$6M	$5M	$14M	$3M	$203M
Operating Expenses	$8M	$7M	$7M	$3M	$203M
Operating Income	-$143M	-$82M	$27M	$480M	$567M
Operating Margin	—	—	42.0%	64.9%	48.7%
Interest Expense	$4K	$4M	$9M	$12M	$142M
Income Before Tax	-$143M	$361M	$3M	$476M	$599M
Tax Expense	$0	$0	-$53M	$11M	-$86M
Net Income	-$143M	$361M	$56M	$465M	$685M
Net Margin	—	—	86.2%	62.8%	58.9%
EPS (Diluted)	$-70.20	$45.73	$1.59	$11.62	$17.13
EBITDA	-$8M	-$7M	$26M	$459M	$898M
Shares Outstanding	2M	17M	35M	40M	40M

Line Item	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2	FY2026 Q3	FY2026 Q4
Revenue	$83M	$167M	$285M	$204M	$164M	$246M	$300M	$454M
Cost of Revenue	$17M	$33M	$125M	$82M	$24M	$46M	$102M	$220M
Gross Profit	$66M	$134M	$160M	$121M	$141M	$200M	$198M	$233M
Gross Margin	79.2%	80.0%	56.1%	59.4%	85.7%	81.1%	66.0%	51.5%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$718K	$719K	$1M	$698K	$7M	$17M	$19M	$160M
Operating Expenses	$5M	$719K	$4M	$9M	$8M	$17M	$19M	$160M
Operating Income	$61M	$126M	$156M	$113M	$133M	$182M	$179M	$73M
Operating Margin	73.0%	75.4%	54.9%	55.4%	80.7%	74.1%	59.6%	16.2%
Interest Expense	$283K	$489K	$3M	$9M	$25M	$33M	$36M	$49M
Income Before Tax	$79M	$129M	$165M	$103M	$108M	$190M	$160M	$141M
Tax Expense	$4M	-$694K	$9M	-$2M	-$5M	$34M	$27M	-$142M
Net Income	$76M	$129M	$156M	$104M	$113M	$156M	$133M	$283M
Net Margin	90.5%	77.2%	54.6%	51.1%	68.9%	63.4%	44.2%	62.5%
EPS (Diluted)	$1.89	$3.23	$3.89	$2.61	$2.83	$3.90	$3.32	$7.08
EBITDA	$80M	$130M	$168M	$114M	$133M	$260M	$242M	$123M
Shares Outstanding	40M	40M	40M	40M	40M	40M	40M	40M

DOLPHIN.NS NSE