DCW Ltd.
NSE: DCW · Chemicals
Sector
Chemicals
Size band
Small cap
Market cap
1,210cr
P/E
29.2
ROE
2.9%
Dividend yield
0.2%
No price is shown on this page, live or delayed. It records what management said on the earnings call, and the company’s filings.
Measured against
Peer set
Commodity Chemicals · largest 12 of 27 measured at Q1 FY27 · financials via Screener| Company | Operating margin | Revenue growth |
|---|---|---|
| Solar Industries India Ltd. | 28.0% | 70.3% |
| Himadri Speciality Chemical Ltd. | 20.0% | 28.1% |
| Deepak Nitrite Ltd. | 21.0% | 36.4% |
| Balrampur Chini Mills Ltd. | 7.0% | 6.2% |
| India Glycols Ltd. | 15.0% | 8.7% |
| Gujarat Alkalies And Chemicals Ltd. | 18.0% | 12.7% |
| Pondy Oxides & Chemicals Ltd. | 6.0% | 55.1% |
| Styrenix Performance Materials Ltd. | 26.0% | 6.5% |
| Nocil Ltd. | 11.0% | 19.9% |
| Premier Explosives Ltd. | 5.7% | −27.9% |
| Bhansali Engineering Polymers Ltd. | 17.0% | 53.2% |
| DCW Ltd. | 7.0% | 13.9% |
What management said
9 statements on recordEarnings call · Q1 FY27 · 20 Aug 2026
- capex→INR250 crores investment program over the next 2 to 3 years· next 2 to 3 years
“Yesterday, we announced the first step in what we envisage as DCW's next 5-year growth journey, a INR250 crores investment program over the next 2 to 3 years.”
- capacity→Synthetic Iron Oxide Pigment capacity from approximately 30,000 tons to 45,000 tons per annum; Phase 1 will add 7,000 tons· targeted for completion by quarter 4 FY28
“The first part is the expansion of our Synthetic Iron Oxide Pigment capacity from approximately 30,000 tons to 45,000 tons per annum. Phase 1 will add 7,000 tons, which is targeted for completion by quarter 4 FY28.”
- capacity→infrastructure and utilities sized for subsequent phase of 8,000 tons
“With infrastructure and utilities sized for the subsequent phase of 8,000 tons.”
- capex→captive power infrastructure at Sahupuram facility· targeted for completion in the fourth quarter of FY28
“The second part is an investment in the captive power infrastructure at our Sahupuram facility, also targeted for completion in the fourth quarter of FY28, aimed at structurally lowering power costs and improving operating efficiencies across both our Specialty and Basic Chemicals businesses.”
- debt→legacy long-term debt to fully be repaid during this year· FY27
“We expect our legacy long-term debt to fully be repaid during this year.”
- debt→effectively net debt free by the end of FY27· end of FY27
“Before incremental borrowings for new growth projects, we remain on track to become effectively net debt free by the end of FY27.”
- ROCE→minimum incremental ROCE of 20% on new investments
“We are targeting a minimum incremental ROCE of 20% on our new investments.”
- debt repayment→repayments roughly would be to the tune of INR135-odd crores· this year / next 9 months context
“Our repayments roughly would be to the tune of INR135-odd crores.”
- EBITDA→steady-state profit roughly would be somewhere around INR300 crores· steady state
“The PVC and the CPVC contraction in the spread, which has happened, we think our steady-state profit roughly would be somewhere around INR300 crores.”
Taken from management commentary on the company’s earnings call and quoted verbatim. These are statements of intent made by the company, not forecasts by Bharatstox, and nothing here records whether they were met.
No broadcast calls recorded.
We log calls made about a company on business television — Zee Business, CNBC Awaaz and NDTV Profit — as they are stated on air. Nothing is on record for DCW Ltd..
Shareholding
change across 4 filings| Category | Jun 26 | Mar 26 | Feb 26 | Dec 25 | Change |
|---|---|---|---|---|---|
| Promoters | 45.6 | 45.4 | 45.3 | 45.1 | +0.5 |
| Foreign institutions | 6.1 | 6.7 | 8.2 | 8.6 | −2.5 |
| Domestic institutions | 0.1 | 0.0 | 0.0 | 0.0 | +0.1 |
| Retail & others | 48.2 | 47.8 | 46.5 | 46.3 | +1.9 |
As filed with the exchange for the periods ending Dec 25 to Jun 26.
Filings
latest 25 of 323- Disclosure under SEBI Takeover Regulations15 Oct 2026
- Certificate under SEBI (Depositories and Participants) Regulations, 20188 Oct 2026
- Trading Window29 Sept 2026
- Shareholders meeting29 Sept 2026
- Copy of Newspaper Publication23 Sept 2026
- Newspaper Publication - Re-lodgment of transfer requests of physical shares23 Sept 2026
- Notice of Eighty Seventh (87th) Annual General Meeting along with Annual Report for the Financial Year 2025-264 Sept 2026
- Pursuant to Regulation 36(1)(b) of the SEBI Listing Regulations, the Company has sent letters to the shareholders providing weblink of the Annual Report 2025-264 Sept 2026
- General Updates4 Sept 2026
- General Updates4 Sept 2026
- Business Responsibility and Sustainability Reporting for the Financial Year 2025-264 Sept 2026
- Notice of Eighty Seventh (87th) Annual General Meeting4 Sept 2026
- Shareholders meeting4 Sept 2026
- Intimation of Record Date4 Sept 2026
- Record Date4 Sept 2026
- General Updates4 Sept 2026
- Intimation of Record Date and Book Closure for the purpose of 87th Annual General Meeting and payment of Dividend4 Sept 2026
- Updates3 Sept 2026
- Communication Regarding Our New Corporate Identity3 Sept 2026
- General Updates2 Sept 2026
- Intimation of Regulation 30 of the SEBI (LODR) Regulations, 20152 Sept 2026
- Copy of Newspaper Publication2 Sept 2026
- Newspaper Publication regarding Annual General Meeting of the Company schedule on September 26, 20262 Sept 2026
- General Updates1 Sept 2026
- Communication to Shareholders - Intimation on TDS on Final Dividend for F.Y. 2025-261 Sept 2026
The 25 most recent of 323 filings we hold for DCW, back to January 2024. Every filing, by day.
Disclaimer
Guidance is quoted from management commentary on quarterly earnings calls; the words are the company's own and the targets are theirs, not ours. Peer comparisons use quarterly financials sourced from Screener, with every company measured at the same fiscal quarter; the peer set is companies sharing the same industry classification, and comparisons are descriptive, not a ranking or a view. Filings are reproduced as companies filed them to the NSE and BSE; Bharatstox does not verify, endorse or comment on their contents. This page is for informational and educational purposes only and does not constitute investment advice, research, or a recommendation to buy or sell any security. Investing in securities markets is subject to market risks. Read all related documents carefully before investing.