DOLPHINDOLPHIN Forensic Risk Analysis

Offshore Support Solution Drilling
Risk ClassStable
Market CapN/A
Primary DriverEarnings Quality
Flagium AI Risk Score
Stable structural profile. Financial profile appears resilient.
15 / 100
0 QoQ
Stable
Sentinel Insight

Financial profile remains stable for now. Pressure has stabilized in profitability and earnings quality. This indicates that forensic pressure is currently receding. No major change in risk trend.

0.0th %ile (Sector)Accel: +0 Qtrs
Updated2026-06-02
Market View
₹402.25▲1.4%
PeriodQ4 FY26

Score Waterfall
Absolute contribution points of each forensic pillar to the final risk score. Derived from: Sector Baseline + Active Penalties - Mitigation Buffers.

Earnings Quality
+15.0 pts
Final Composite Risk15 / 100

Investment Risk Thesis

Historical Trend

Current risk score has risen from 11 → 15 over 13 quarters.

Expected Direction
⚠ Watch
Primary Deterioration Drivers
  • Margin Compression
  • Working Capital Expansion
  • Operating Leverage Stress
What to Watch Next Quarter
  • Working capital efficiency
  • Operating profit margins
  • Debt growth

Active Risk Objects (5)

CriticalHigh
Working Capital Expansion
💧 Liquidity & CoverageAnnualActive for 2 Years
More Detail
Impact Weight10/15
MomentumDecaying
Last SignalQ4 FY2024
Working capital expansion detected: Receivable days increased by 87.7%.

"Working capital pressure is receding. Cash previously locked in operations is being released."

Margin Compression
📊 Earnings QualityAnnualActive for 3 Years
More Detail
Impact Weight15/15
MomentumPersistent
Last SignalQ4 FY2026
Operating margin declined by 26.0 bps YoY for two consecutive quarters.

"Margins are in freefall. Operating costs are growing significantly faster than revenue."

Operating Leverage Stress
📊 Earnings QualityAnnualActive for 3 Years
More Detail
Impact Weight10/15
MomentumPersistent
Last SignalQ4 FY2026
Expenses are consistently growing faster than revenues, creating operational pressure.

"The balance sheet is heavily over-leveraged. Interest payments are consuming most of the profit."

Cash Conversion Deficit
📊 Earnings QualityAnnualActive for 1 Years
More Detail
Impact Weight6/15
MomentumAccelerating
Last SignalFY2026
DOLPHIN: OCF below Net Profit in 3/3 recent years.

"Cash conversion is dangerously low. Operational cash flow is significantly trailing reported PAT."

Low Interest Coverage
💧 Liquidity & CoverageQuarterlyActive for 1 Qtrs
More Detail
Impact Weight8/15
MomentumDecaying
Last SignalQ4 FY2024
DOLPHIN: Low Interest Coverage Ratio of -24.07x in FY2024 Q4 (Threshold: 2.5x).

"The ability to cover interest is strengthening as earnings improve or debt is retired."

Risk Trajectory
Historical 12-quarter risk trend (Q-11 to Q0) followed by a 2-quarter predictive funnel (Q+1, Q+2).
Loading Chart
Resilience Matrix
Diagnostic benchmarking comparing structural sensitivity and risk buffers against sector medians.
MetricValuevs SectorSignal
Volatility (σ)6.339.89✅ RESILIENT
Sensitivity (ε_s)11.00✅ RESILIENT
Escalation Prob.5%5%✅ NEUTRAL
Safety Buffer+51.0+41.0✅ RESILIENT
Forensic Benchmark Context: Offshore Support Solution Drilling (n=5 peers)

Correlation Analysis
Visualizing the relationship between stock price movement and structural risk objects.

Loading Chart
Share Price
Risk Score (0-100)
Market Performance
₹402.25(+1.4%)
1M Divergence-5.64%
1 Week-0.59%
1 Month-3.37%
6 Months+13.18%
1 Year-1.73%
2 Year-46.64%
3 Year+1223.19%
Sector Average (1M)+2.27%
Sentinel Forensic Assessment
ALGORITHMIC RISK PROFILE • NON-ADVISORY

The structural architecture is currently robust. Capital resilience buffers in earnings quality remain well-maintained against forensic benchmarks. Systematic scans of operational margins and profitability metrics confirm the absence of material structural stress. The current structural trajectory supports a stable risk outlook.

DOLPHIN • MARKET STRUCTURE

Stage 4 — Declining

The company is in a defensive phase. Sentiment and fundamentals are deteriorating under persistent downward pressure, indicating elevated risk levels.

Stage Transition Prob.51%
Trend QualityDeteriorating
Phase Progression
Phase Progression Score35%
Readiness LabelLow (Early Base Consolidation)
Probability of Advancing51%
CoinTree Momentum
Composite Z-Score-0.1288σ
Weakening momentum trend
Universe Rank
A cross-sectional rank of this stock's composite momentum score compared to all other tracked equities in the universe. A rank of #1 of 1035 means it has the strongest overall price momentum in the market.
#1258 of 2716
Top 46.32% in momentum strength
Timeframe Sparklines
1W-0.6%
1M-3.4%
6M+13.2%
Weinstein Indicators
150 DMA₹408.07
200 DMA₹407.1
150 DMA Slope+0.9214%Rising
Relative Strength+18.67%Leading
Relative Turnover (RTR)0.2715
ParticipationWeak

PEER COMPARISON

Ranked comparison against sector peers

This company appears relatively stable compared to the Sector Mean (25).
DOLPHINDOLPHIN
15 Risk
Sector %ile0th
Delta0
Active Flags5
Accel+0
Earnings Quality

Stable

AAKASHAakash Exploration Services Limited
20 Risk
Sector %ile25th
Delta-5
Active Flags12
Accel+0
Governance

Watch

ABANAban Offshore Limited
29 Risk
Sector %ile75th
Delta-5
Active Flags15
Accel+0
Governance

Watch

JINDRILLJINDRILL
35 Risk
Sector %ile100th
Delta0
Active Flags14
Accel+0
Earnings Quality

Watch

* Peer comparison is based on risk signals, not valuation or returns.

Risk Profiles

Solvency
10100th %ile
VS Sector Median (8.5)
Governance
10100th %ile
VS Sector Median (8.5)
Earnings Quality
00th %ile
VS Sector Median (8.5)
Balance Sheet Stress
10100th %ile
VS Sector Median (8.5)
Competitive Position
10100th %ile
VS Sector Median (8.5)
Growth Sustainability
10100th %ile
VS Sector Median (8.5)

Deterioration Timeline

2026

Margin Compression

2026

Operating Leverage Stress

2026

Margin Compression

2026

Operating Leverage Stress

2026

Margin Compression

2026

Operating Leverage Stress

2026

Cash Conversion Deficit

2024

Working Capital Expansion

2024

Working Capital Expansion

Key Financials (INR Cr)

PeriodRevenueNet ProfitOCFDebt
FY20261346945203
FY2025774610165
FY20241164-