Dharti Dredging & Infrastructure Limited (DDIL) has projected a revenue of Rs 90 crore for the financial year 2025–26, with expectations to double this figure in FY27. The projection comes on the back of operational restructuring and an expanded project pipeline following the company’s acquisition by Yogayatan Group. The takeover was executed through a resolution plan approved by the National Company Law Tribunal (NCLT) in July 2023.
The resolution was part of the Insolvency and Bankruptcy Code (IBC) process. Post-acquisition, Yogayatan Group placed DDIL under the leadership of Dr. Ameya Pratap Singh, who took over as managing director. Under his direction, DDIL initiated a restructuring process aimed at improving governance, accelerating project execution, and rebuilding credibility in the dredging and inland waterways segment.
Project Pipeline in Inland Waterways
In 2024, DDIL secured a number of dredging and infrastructure contracts across key Indian river systems, notably the Ganga and Brahmaputra. Projects were awarded under the Inland Waterways Authority of India (IWAI), along with others under the Indo-Bangladesh Protocol Route, which is backed by funding from the World Bank. These contracts contribute to a pipeline valued at over Rs 1,000 crore.
The company said its focus is on executing ongoing projects efficiently and contributing to India’s inland waterway infrastructure, a priority area for government investment. The work includes dredging, river training, and maintenance operations.
Sectoral Revival Through Resolution
DDIL’s revival reflects a broader trend of stressed infrastructure assets being resolved through targeted acquisitions. The company’s ability to secure government contracts post-restructuring signals improved credibility and operational capacity. According to the management, the company is currently focused on meeting execution timelines, deploying capital efficiently, and avoiding cost overruns to support its growth targets.
If the execution remains on track, the company expects to reach Rs 180 crore in revenue by FY27. DDIL is also exploring opportunities in coastal dredging and port-linked projects as part of its long-term diversification plans.
