DCW Limited share price
DCW Limited engages in the manufacture and sale of heavy chemical products in India. The company 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. Its products are used as key ingredients for the manufacturers of agricultural products, detergents, food, pharmaceuticals, pigments, fertilizers, alumina, and other industrial products. The company also e…Read more
Basic MaterialsChemicalsNSE: DCWISIN INE500A01029
16 Oct 2026, 3:30 PM IST₹44.88▲ 0.10 (0.22%)
- Market Cap₹ 1,325 Cr.
- Current Price₹ 44.88
- High / Low₹ 72 / 37
- Stock P/E18.5
- Book Value₹ 36
- Dividend Yield0.67 %
- ROCE9.9 %
- ROE4.60 %
- Face Value₹ 2.0
More figures (10)
- EPS (TTM)₹ 2.42
- Price / Book1.24
- OPM5.5 %
- Debt / Equity0.27
- Sales growth (5Y)7.9 %
- Profit growth (5Y)66.2 %
- Promoter holding50.5 %
- EV / EBITDA6.9
- Beta-0.05
- All-time high₹ 113
Price chart
| Returns | 1M | 3M | 6M | YTD | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| DCW | +1.40% | -4.37% | -5.14% | -23.01% | -31.14% | -8.00% | -2.96% |
| Nifty 50 | -0.31% | -3.85% | -4.34% | -11.42% | -9.53% | +5.46% | +4.76% |
Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.
Quick take
- DCW Limited is in the Chemicals industry (Basic Materials), with a market value of ₹1,325 crore.
- It trades at 18.5 times its last 12 months' earnings and 1.2 times book value.
- Revenue grew 7.9% a year over the last 5 years, profit 66.2% a year.
- Return on equity was 4.6% and return on capital employed 9.9% in the latest year.
- Debt was 0.27 times shareholders' equity.
- The share price is 37.9% below its 52-week high and down 31.1% over one year.
- Promoters and insiders hold about 50.5%; institutions about 3.7%.
Pros
AI- Profit has grown 66.2% a year over the last 5 years.
- Latest quarter (Jun 2026): sales up 14% and profit up 203% from a year ago.
- Trades at 18.5 times earnings, below its 3-year median of 53.7.
- Borrowings are moderate at 0.27 times shareholders' equity.
Cons
AI- Return on equity has been low: 3.0% on average over the last 3 years.
- Interest cover is thin: operating earnings are 1.9 times the interest cost.
- Other income makes up 36% of profit before tax.
Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.
AI analysis
Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.
About DCW Limited
DCW Limited engages in the manufacture and sale of heavy chemical products in India. The company 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. Its products are used as key ingredients for the manufacturers of agricultural products, detergents, food, pharmaceuticals, pigments, fertilizers, alumina, and other industrial products. The company also exports its products to the United States, Europe, Japan, and Malaysia. The company was formerly known as Dhrangadhra Chemical Works Limited. DCW Limited was founded in 1925 and is headquartered in Mum…
- Employees
- 1,536
- Head office
- Mumbai
Peer comparison
| Company | Market cap (₹ Cr) | P/E | P/B | ROE | OPM | Sales CAGR | Div. yield |
|---|---|---|---|---|---|---|---|
| DCW LimitedDCW | 1,325 | 18.5 | 1.24 | 4.6% | 5.5% | -6.5% | 0.67% |
| DMCC Speciality Chemicals LimitedDMCC | 792 | 19.8 | 3.19 | 11.5% | 8.6% | +14.5% | 0.79% |
Companies in the same industry (Chemicals). Tap a heading to sort. Sorting is a way to explore data, not a recommendation.
Quarterly Results
Standalone figures in ₹ crore
Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Latest quarter on the right.
Profit & Loss
Standalone figures in ₹ crore
| ₹ Cr | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| 1,213 | 1,353 | 1,277 | 1,464 | 2,455 | 2,634 | 1,872 | 2,000 | 2,144 | 2,210 | |
| YOY Sales Growth % | 11.49% | -5.58% | 14.64% | 67.64% | 7.29% | -28.94% | 6.88% | 7.16% | ||
| 1,088 | 1,191 | 1,131 | 1,255 | 2,130 | 2,205 | 1,696 | 1,807 | 1,922 | 2,006 | |
| Material Cost % | 49% | 50% | 50% | 52% | 58% | 49% | 53% | 54% | 55% | 56% |
| Employee Cost % | 9% | 8% | 10% | 9% | 6% | 7% | 8% | 8% | 8% | 8% |
| Other Expenses % | 31% | 29% | 29% | 25% | 22% | 28% | 30% | 28% | 26% | 26% |
| Operating Profit | 126 | 162 | 146 | 209 | 325 | 428 | 176 | 193 | 222 | 204 |
| OPM % | 10% | 12% | 11% | 14% | 13% | 16% | 9% | 10% | 10% | 9% |
| 6 | 4 | 9 | 11 | 6 | 15 | 18 | 23 | 19 | 21 | |
| Exceptional items | 14 | 47 | -1 | |||||||
| Interest | 93 | 104 | 107 | 120 | 113 | 126 | 74 | 67 | 62 | 62 |
| Depreciation | 88 | 83 | 87 | 87 | 89 | 90 | 94 | 100 | 104 | 105 |
| Profit before tax | -49 | -22 | -40 | 14 | 143 | 274 | 25 | 49 | 75 | 57 |
| 72% | 25% | 30% | 38% | 39% | 35% | -24% | ||||
| Current tax | 3 | 24 | 49 | 4 | 9 | 11 | ||||
| Deferred tax | -29 | -18 | -13 | 7 | 11 | 34 | 5 | 10 | 15 | |
| -20 | -4 | -27 | 4 | 108 | 192 | 16 | 30 | 48 | 71 | |
| YOY Profit Growth % | 2,734.26% | 78.58% | -91.84% | 93.39% | 59.07% | |||||
| EPS in Rs | -0.99 | -0.16 | -1.12 | 0.15 | 4.12 | 6.50 | 0.53 | 1.03 | 1.63 | 2.42 |
| Dividend Payout % | 9% | 57% | 12% |
Compounded Sales Growth
- 5 Years:
- 8%
- 3 Years:
- -7%
- TTM:
- 12%
Compounded Profit Growth
- 5 Years:
- 66%
- 3 Years:
- -37%
- TTM:
- 104%
Stock Price CAGR
- 5 Years:
- -3%
- 3 Years:
- -8%
- 1 Year:
- -31%
Return on Equity
- 4 Years:
- 7%
- Last Year:
- 5%
Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.
Balance Sheet
Consolidated figures in ₹ crore, as at 31 March
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 59 | 59 | 59 | 59 |
| Reserves | 966 | 973 | 974 | 1,016 |
| 508 | 439 | 427 | 290 | |
| Long term borrowings | 381 | 282 | 218 | 88 |
| Short term borrowings | 124 | 155 | 208 | 188 |
| 530 | 618 | 718 | 724 | |
| Trade payables | 275 | 337 | 384 | 391 |
| Current liabilities | 500 | 614 | 735 | 713 |
| Total Liabilities | 2,063 | 2,089 | 2,178 | 2,089 |
| 1,362 | 1,355 | 1,336 | 1,325 | |
| Gross block | 2,009 | 2,086 | 2,162 | 1,325 |
| Accumulated depreciation | 647 | 731 | 826 | |
| CWIP | 66 | 43 | 66 | 22 |
| 635 | 691 | 776 | 742 | |
| Inventories | 345 | 377 | 428 | 309 |
| Trade receivables | 133 | 114 | 99 | 142 |
| Cash & equivalents | 10 | 11 | 11 | 5 |
| Current assets | 688 | 691 | 794 | 717 |
| Total Assets | 2,063 | 2,089 | 2,178 | 2,089 |
Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.
Cash Flows
Consolidated figures in ₹ crore, financial years ending March
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 226 | 252 | 191 | 278 | |
| Profit for the year | 192 | 16 | 30 | 48 |
| Working capital changes | -158 | 80 | 6 | 51 |
| Direct taxes paid | -50 | -13 | -9 | 2 |
| -165 | -99 | -112 | -63 | |
| Fixed assets purchased | -86 | -94 | -45 | |
| Fixed assets sold | 0 | 3 | 2 | 7 |
| Investments purchased | -134 | -20 | -82 | -93 |
| Investments sold | 0 | 0 | 8 | |
| -139 | -153 | -78 | -221 | |
| Proceeds from borrowings | 101 | 25 | 83 | 3 |
| Repayment of borrowings | -95 | -124 | -128 | -149 |
| Interest paid | -136 | -69 | -64 | -59 |
| Dividends paid | -18 | -9 | -6 | |
| Net Cash Flow | -78 | 1 | 1 | -7 |
| Free Cash Flow | 140 | 158 | 146 | 278 |
Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.
Ratios
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| ROE | — | 18.7% | 1.5% | 2.9% | 4.6% |
| ROCE | — | 25.2% | 6.1% | 8.1% | 9.9% |
| Operating margin | — | 13.5% | 4.6% | 4.7% | 5.5% |
| Net margin | — | 7.3% | 0.8% | 1.5% | 2.2% |
| Debt / equity | — | 0.50 | 0.43 | 0.41 | 0.27 |
| Current ratio | — | 1.38 | 1.13 | 1.08 | 1.01 |
Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities).
Shareholding Pattern
Numbers in percentages · as filed with NSE each quarter
- Promoters 45.59%
- FIIs 6.12%
- DIIs 0.06%
- Public 48.24%
| % | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 45.10% | 45.10% | 44.08% | 44.86% | 44.86% | 44.86% | 44.87% | 44.81% | 44.62% | 45.14% | 45.44% | 45.59% |
| 8.44% | 7.87% | 7.26% | 7.36% | 11.25% | 11.36% | 10.81% | 10.05% | 9.18% | 8.57% | 6.71% | 6.12% | |
| Foreign portfolio investors (Cat. I) | 8.43% | 7.87% | 7.25% | 6.98% | 11.11% | 11.27% | 10.42% | 9.75% | 9.09% | 8.50% | 6.33% | 5.75% |
| Foreign portfolio investors (Cat. II) | 0.37% | 0.14% | 0.08% | 0.40% | 0.30% | 0.09% | 0.07% | 0.38% | 0.36% | |||
| 0.12% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.06% | |
| Banks | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| Alternative investment funds | 0.10% | 0.04% | ||||||||||
| 46.34% | 47.01% | 48.65% | 47.77% | 43.87% | 43.77% | 44.30% | 45.13% | 46.18% | 46.28% | 47.83% | 48.24% | |
| Retail (up to ₹2 lakh) | 27.46% | 29.38% | 32.76% | 31.72% | 21.69% | 21.68% | 21.52% | 22.74% | 23.80% | 24.14% | 24.70% | 25.79% |
| HNIs (above ₹2 lakh) | 6.78% | 6.83% | 5.07% | 5.00% | 6.22% | 6.10% | 6.70% | 6.66% | 6.81% | 6.78% | 8.54% | 8.19% |
| NRIs | 0.52% | 0.57% | 0.61% | 0.56% | 0.40% | 0.53% | 0.71% | 0.76% | 0.77% | 0.78% | 0.83% | 0.90% |
| Bodies corporate | 8.10% | 6.86% | 6.94% | 7.40% | 12.23% | 12.64% | 12.91% | 12.35% | 12.02% | 11.97% | 11.14% | 10.53% |
| IEPF | 0.66% | 0.66% | 0.66% | 0.66% | 0.66% | 0.66% | 0.66% | 0.66% | 0.65% | 0.65% | 0.64% | 0.63% |
| No. of Shareholders | 1,07,469 | 1,20,542 | 1,52,888 | 1,43,623 | 1,12,841 | 1,11,827 | 1,09,430 | 1,09,256 | 1,08,389 | 1,08,430 | 1,07,475 | 1,08,567 |
Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.
Documents
Announcements
- Disclosure under SEBI Takeover RegulationsDCW Limited has Submitted to the Exchange a copy of Disclosure under Regulation 10 (5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeove…15-Oct-2026
- Certificate under SEBI (Depositories and Participants) Regulations, 2018DCW Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 201808-Oct-2026
- Trading WindowDCW Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 201529-Sep-2026
- Shareholders meetingDCW Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 26, 2026. Further, the company has informed the Exchange regarding vot…29-Sep-2026
- Shareholders meetingDCW Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 26, 202626-Sep-2026
- Copy of Newspaper PublicationDCW Limited has informed the Exchange about Copy of Newspaper Publication - Special Window for Re-lodgement of Transfer Requests of Physical Shares23-Sep-2026
- Copy of Newspaper PublicationDCW Limited has informed the Exchange about Copy of Newspaper Publication regarding 87th AGM of the Company06-Sep-2026
- General UpdatesDCW Limited has informed the Exchange about Persuant to regulation 36(1)(b) of the SEBI (LODR) Regulations, the Company has sent letters to the shareholders providing weblink of t…04-Sep-2026
- General UpdatesDCW Limited has informed the Exchange about Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-2604-Sep-2026
- Shareholders meetingDCW Limited has informed the Exchange regarding Notice of 87th Annual General Meeting to be held on Saturday, September 26, 2026 at 12:00 Noon04-Sep-2026
- Record DateDCW Limited has informed the Exchange that Record date for the purpose of Dividend is 19-Sep-2026.04-Sep-2026
- General UpdatesDCW Limited has informed the Exchange about Book Closure04-Sep-2026
Annual reports
- Financial Year 202604-SEP-2026
- Financial Year 202505-SEP-2025
- Financial Year 2024
- Financial Year 2023
- Financial Year 2022
- Financial Year 2021
- Financial Year 202004-DEC-2020
- Financial Year 2019
- Financial Year 201808-OCT-2018
- Financial Year 201709-OCT-2017
Credit ratings
Concalls & investor meets
- Analysts/Institutional Investor Meet/Con. Call UpdatesDCW Limited has informed the Exchange about Transcript20-Aug-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesDCW Limited has informed the Exchange about Link of Recording14-Aug-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesDCW Limited has informed the Exchange about Schedule of meet05-Aug-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesDCW Limited has informed the Exchange about Schedule of meet01-Jul-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesDCW Limited has informed the Exchange about Schedule of meet24-Jun-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesDCW Limited has informed the Exchange about Transcript13-May-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesDCW Limited has informed the Exchange about Link of Recording06-May-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesDCW Limited has informed the Exchange about Schedule of meet27-Apr-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesDCW Limited has informed the Exchange about24-Mar-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesDCW Limited has informed the Exchange about Schedule of meet11-Mar-2026
Filings made by the company with NSE; documents open on NSE's website.
Key dates
- Ex-dividend date
- 18 Sep 2026
- Latest quarter
- 30 Jun 2026
- Financial year end
- 31 Mar 2026
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Questions about DCW Limited
What is the share price of DCW Limited today?
DCW Limited (DCW) last traded at ₹44.88 on NSE (16 Oct 2026, 3:30 PM IST). Prices may be delayed.
What is the market cap of DCW Limited?
About ₹1,325 crore at the latest price.
What is the P/E ratio of DCW Limited?
About 18.5 times its earnings over the last 12 months.
Is DCW Limited a good investment?
We do not give views on individual shares. Whether any share suits you depends on your goals, time horizon and risk appetite; for long-term goals, a diversified mutual fund is often a simpler way to own shares. Investments in securities markets are subject to market risks.
How can I buy DCW Limited shares?
You need a trading and demat account with a SEBI-registered stock broker. We can help you open one through Parshvanath Investments, an Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539). We provide execution and account service only, not tips or research.
Important. Prices from NSE via Yahoo Finance. Quarterly and annual results, shareholding and documents are taken from the filings the company made with NSE; balance sheet, cash flow and valuation figures are compiled by Yahoo Finance; ratios are computed by us from them. Figures may be delayed or revised. This page is for information only: it is not research, a recommendation or an offer to buy or sell any security. Investments in securities markets are subject to market risks; read all related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934); share broking is offered through Parshvanath Investments, Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539).
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