Chemicals & Petrochemicals
Valuation | |
|---|---|
| Market Cap | 1.43 kCr |
| Price/Earnings (Trailing) | 28.42 |
| Price/Sales (Trailing) | 0.7 |
| EV/EBITDA | 7.34 |
| Price/Free Cashflow | 16.94 |
| MarketCap/EBT | 17.89 |
| Enterprise Value | 1.79 kCr |
Fundamentals | |
|---|---|
Growth & Returns | |
|---|---|
| Price Change 1W | 7.6% |
| Price Change 1M | -14.5% |
| Price Change 6M | -34.8% |
| Price Change 1Y | -42.8% |
| 3Y Cumulative Return | -2.3% |
| 5Y Cumulative Return | 19.2% |
| 7Y Cumulative Return | 19.4% |
| 10Y Cumulative Return | 7.5% |
| Revenue (TTM) |
| 2.05 kCr |
| Rev. Growth (Yr) | 9.9% |
| Earnings (TTM) | 50 Cr |
| Earnings Growth (Yr) | 1.21% |
Profitability | |
|---|---|
| Operating Margin | 4% |
| EBT Margin | 4% |
| Return on Equity | 4.73% |
| Return on Assets | 2.26% |
| Free Cashflow Yield | 5.9% |
Cash Flow & Liquidity |
|---|
| Cash Flow from Investing (TTM) | -112.21 Cr |
| Cash Flow from Operations (TTM) | 190.75 Cr |
| Cash Flow from Financing (TTM) | -77.96 Cr |
| Cash & Equivalents | 15.65 Cr |
| Free Cash Flow (TTM) | 114.27 Cr |
| Free Cash Flow/Share (TTM) | 3.87 |
Balance Sheet | |
|---|---|
| Total Assets | 2.21 kCr |
| Total Liabilities | 1.15 kCr |
| Shareholder Equity | 1.06 kCr |
| Current Assets | 814.44 Cr |
| Current Liabilities | 800.84 Cr |
| Net PPE | 1.33 kCr |
| Inventory | 421.5 Cr |
| Goodwill | 0.00 |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.17 |
| Debt/Equity | 0.36 |
| Interest Coverage | 0.27 |
| Interest/Cashflow Ops | 3.91 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 0.1 |
| Dividend Yield | 0.21% |
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 0.00% |
Insider Trading: There's significant insider buying recently.
Technicals: Bullish SharesGuru indicator.
Balance Sheet: Strong Balance Sheet.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Smart Money: Smart money looks to be reducing their stake in the stock.
Past Returns: Underperforming stock! In past three years, the stock has provided -2.3% return compared to 12.8% by NIFTY 50.
Insider Trading: There's significant insider buying recently.
Technicals: Bullish SharesGuru indicator.
Balance Sheet: Strong Balance Sheet.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Smart Money: Smart money looks to be reducing their stake in the stock.
Past Returns: Underperforming stock! In past three years, the stock has provided -2.3% return compared to 12.8% by NIFTY 50.
Investor Care | |
|---|---|
| Dividend Yield | 0.21% |
| Dividend/Share (TTM) | 0.1 |
| Shares Dilution (1Y) | 0.00% |
| Earnings/Share (TTM) | 1.7 |
Financial Health | |
|---|---|
| Current Ratio | 1.02 |
| Debt/Equity | 0.36 |
Technical Indicators | |
|---|---|
| RSI (14d) | 42.78 |
| RSI (5d) | 67.98 |
| RSI (21d) | 37.61 |
| MACD Signal | Buy |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Buy |
| RSI Signal | Hold |
| RSI5 Signal | Hold |
| RSI21 Signal | Hold |
| SMA 5 Signal | Buy |
| SMA 10 Signal |
Summary of DCW's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Management provided an optimistic outlook for the remainder of FY26, expecting stronger performance in the second half driven by several key factors. They cited the successful ramp-up of their CPVC capacity from 20,000 tonnes to 40,000 tonnes, which has already been fully utilized, resulting in the highest CPVC sales volume recorded. Despite a 15% price erosion in CPVC due to import competition, the specialty chemical segment posted EBITDA growth, indicating effective portfolio management.
Major forward-looking points include:
Revenue Expectations: Enhanced capacity and project completions are anticipated to drive revenues, with the company targeting an annualized revenue run rate of Rs.2,500 crores, bolstered by new CPVC production and exports from synthetic rutile and pigments.
Debt Management: The long-term debt at Rs.70 crores was repaid in the first half, with a target to close FY26 with a net debt to EBITDA ratio below 0.5x, aiming for a robust balance sheet ahead of an increase in future investments.
Future Capacities: The next phase of CPVC expansion to 50,000 tonnes is on track for commissioning by fiscal year-end, with multiple specialty chemical projects under feasibility analysis for investments aimed at increasing margins from high-value downstream products.
Operational Efficiencies: Cost savings from renewable power consumption are expected to reach around Rs.25-30 crores annually, with an estimated quarterly saving of approximately Rs.2.75-3 crores recently and projected increases in the second half.
Market Conditions: Although pricing remains uncertain, management expressed confidence in demand recovery and potential margin rebounds as government interventions, such as the anticipated anti-dumping duty (ADD), are implemented.
These strategies combined illustrate management's proactive approach in navigating market challenges while positioning for sustainable growth.
Understand DCW ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| SAHU BROTHERS PRIVATE LIMITED | 17.77% |
| ASHISH JAIN | 5.3% |
| VIVEK JAIN | 4.57% |
| ERISKA INVESTMENT FUND LTD | 3.08% |
| NAMITA JAIN | 2.27% |
| WINRO COMMERCIAL (INDIA) LTD | 2.06% |
| MEETA JAIN | 2.04% |
Detailed comparison of DCW against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| TATACHEM | Tata Chemicals | 18.08 kCr | 14.97 kCr | -6.00% | -24.00% | 49.39 | 1.21 | - | - |
| DCMSHRIRAM | DCM Shriram | 18.02 kCr | 14.08 kCr |
Comprehensive comparison against sector averages
DCW metrics compared to Chemicals
| Category | DCW | Chemicals |
|---|---|---|
| PE | 29.03 | 41.26 |
| PS | 0.71 | 3.18 |
| Growth | 0.8 % | 6.5 % |
DCW Limited engages in the manufacture and sale of heavy chemical products in India. It offers specialty chemicals, including chlorinated poly vinyl chloride, synthetic iron oxide pigment, and synthetic rutile; intermediate chemicals comprising sodium bicarbonate, hydrochloric acid, liquid chlorine, trichloroethylene, perchloroethylene, ferric chloride, sodium hypochlorite, and ammonium bicarbonate; and commodity chemicals, such as soda ash, caustic soda, and poly vinyl chloride. The company's products are used as key ingredients for the manufacturers of agricultural products, detergents, food, pharmaceuticals, pigments, fertilizers, alumina, and other industrial products. It also exports its products to the United States, Europe, Japan, Malaysia, and the Netherlands. The company was formerly known as Dhrangadhra Chemical Works Limited. DCW Limited was founded in 1925 and is headquartered in Mumbai, India.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
| Buy |
| SMA 20 Signal | Sell |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
DCW vs Chemicals (2021 - 2026)
Darshil Pandya: "Sir, my only question is about the CPVC capacity that we have added in July. Have we seen any revenue from this in this fiscal, in this quarter, specifically?"
"Yes, we have. The plant was commissioned on 22nd July, and production ramped up immediately. We sold from the new capacity to the market."
Praneet: "How does the company see the new capacities that are coming up in the country by the large players?"
"Currently, domestic capacity serves only 40% of PVC demand, which is growing at 8% CAGR. New capacities will add to that demand growth, and India will remain a net PVC importer."
Pujan Shah: "We have seen a sluggish demand this quarter due to extended monsoon. Do we see any green shoots building up for Q3, Q4?"
"I agree. Prices have hit the bottom, so we expect demand to improve gradually. Price improvement may lag behind, but demand will definitely rise."
Madhur Rathi: "What led to the synthetic rutile sales improving?"
"Sales have increased due to our solid orders from Japan. The volumes are expected to stay elevated based on existing orders, and we anticipate these trends to continue."
Majid Ahmed: "Can you give me the revenue breakup of H1 FY'26 of the basic chemicals?"
"The basic chemicals revenue for the quarter stood at Rs. 395 crores, while specialty chemicals were Rs. 140 crores."
Saurabh: "What kind of a margin you will maintain in FY'25 and FY'26?"
"Currently, we have around an 11% margin. While prices are unpredictable, we expect to maintain margins through product mix changes."
| RADHAKRISHNA RAMNARAIN PVT LTD |
| 1.91% |
| BARON EMERGING MARKETS FUND | 1.89% |
| RIMA SAATVIK JAIN | 1.85% |
| MUDIT JAIN | 1.84% |
| PP VENTURES LLP | 1.83% |
| VARSHA JAIN | 1.75% |
| PAULOMI BAKUL JAIN | 1.67% |
| SONALIKA JAIN | 1.37% |
| KISHCO PRIVATE LIMITED | 0.93% |
| DURGAVATI JAIN | 0.86% |
| SAATVIK JAIN | 0.75% |
| BAKUL PREMCHAND JAIN | 0.61% |
| FLORIDA HOLDINGS AND TRADING PVT LTD | 0.45% |
Distribution across major stakeholders
Distribution across major institutional holders
| -6.00% |
| +9.90% |
| 27.21 |
| 1.28 |
| - |
| - |
| CHEMPLASTS | Chemplast Sanmar | 4.13 kCr | 4.38 kCr | +3.10% | -44.20% | -19.1 | 0.94 | - | - |
| GUJALKALI | Gujarat Alkalis & Chemicals | 3.45 kCr | 4.4 kCr | -5.40% | -31.40% | 23492.5 | 0.78 | - | - |
| KANORICHEM | Kanoria Chemicals & Industries | 311.62 Cr | 1.46 kCr | -7.10% | -32.50% | 9.59 | 0.21 | - | - |
| 523 |
| 462 |
| 523 |
| 459 |
| 497 |
| 496 |
| Profit Before exceptional items and Tax | 17.6% | 21 | 18 | 21 | 20 | -1.78 | 10 |
| Exceptional items before tax | - | 0 | 0 | 0 | 0 | 0 | 0 |
| Total profit before tax | 17.6% | 21 | 18 | 21 | 20 | -1.78 | 10 |
| Current tax | 25.4% | 3.62 | 3.09 | 3.62 | 3.54 | -0.31 | 1.77 |
| Deferred tax | 19.6% | 3.62 | 3.19 | 5.74 | 3.28 | -0.22 | 1.65 |
| Total tax | 18.2% | 7.24 | 6.28 | 9.37 | 6.82 | -0.53 | 3.42 |
| Total profit (loss) for period | 30% | 14 | 11 | 11 | 13 | -1.25 | 6.73 |
| Other comp. income net of taxes | - | 0 | 0 | -0.57 | 0 | 0 | 0 |
| Total Comprehensive Income | 30% | 14 | 11 | 11 | 13 | -1.25 | 6.73 |
| Earnings Per Share, Basic | 13.1% | 0.47 | 0.39 | 0.39 | 0.45 | -0.04 | 0.23 |
| Earnings Per Share, Diluted | 13.1% | 0.47 | 0.39 | 0.39 | 0.45 | -0.04 | 0.23 |
Analysis of DCW's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
No revenue data available.