About
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, 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.
Key Metrics
as of Sep 2026Market Cap1,357 Cr
P/E—
Div Yield0.22 %
Book Value₹26.20
52w High₹76.40
52w Low₹37.10
Face Value₹2.00
Quarterly Results
No quarterly results synced yet for this stock.
Data is backfilled from screener.in — check back soon.Profit & Loss
Annual · Rs. Crores| Metric | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | Mar 2009 | Mar 2008 |
|---|---|---|---|---|---|---|---|---|
| Sales | 1,253.00 | 1,324.00 | 1,327.00 | 1,183.00 | 1,057.00 | 1,023.00 | 906.00 | 751.00 |
| Expenses | 1,187.00 | 1,194.00 | 1,078.00 | 1,058.00 | 970.00 | 843.00 | 848.00 | 663.00 |
| Operating Profit | 66.00 | 130.00 | 248.00 | 125.00 | 88.00 | 180.00 | 58.00 | 88.00 |
| OPM % | 5.00 | 10.00 | 19.00 | 11.00 | 8.00 | 18.00 | 6.00 | 12.00 |
| Other Income | 0.00 | 1.00 | -3.00 | 5.00 | 26.00 | 2.00 | 36.00 | 8.00 |
| Interest | 19.00 | 27.00 | 32.00 | 34.00 | 30.00 | 39.00 | 33.00 | 15.00 |
| Depreciation | 52.00 | 51.00 | 53.00 | 51.00 | 48.00 | 49.00 | 41.00 | 30.00 |
| Profit before tax | -5.00 | 52.00 | 160.00 | 46.00 | 36.00 | 94.00 | 20.00 | 51.00 |
| Tax % | 24.00 | 27.00 | 35.00 | 33.00 | 19.00 | 28.00 | 29.00 | 30.00 |
| Net Profit | -6.00 | 38.00 | 105.00 | 31.00 | 29.00 | 68.00 | 14.00 | 36.00 |
| EPS in Rs | -0.28 | 1.81 | 5.00 | 1.51 | 1.47 | 3.45 | 0.73 | 1.82 |
| Dividend Payout % | 0.00 | 20.00 | 7.00 | 24.00 | 24.00 | 10.00 | 41.00 | 16.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | Mar 2009 | Mar 2008 |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 43.00 | 42.00 | 42.00 | 41.00 | 39.00 | 39.00 | 39.00 | 39.00 |
| Reserves | 517.00 | 515.00 | 486.00 | 386.00 | 356.00 | 335.00 | 276.00 | 269.00 |
| Borrowings | 779.00 | 671.00 | 544.00 | 447.00 | 331.00 | 313.00 | 425.00 | 379.00 |
| Other Liabilities | 507.00 | 562.00 | 477.00 | 403.00 | 369.00 | 355.00 | 287.00 | 298.00 |
| Total Liabilities | 1,846.00 | 1,790.00 | 1,548.00 | 1,277.00 | 1,094.00 | 1,043.00 | 1,028.00 | 985.00 |
| Fixed Assets | 635.00 | 661.00 | 664.00 | 687.00 | 607.00 | 642.00 | 689.00 | 560.00 |
| CWIP | 849.00 | 718.00 | 442.00 | 216.00 | 178.00 | 90.00 | 66.00 | 152.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 13.00 |
| Other Assets | 362.00 | 411.00 | 443.00 | 373.00 | 309.00 | 310.00 | 271.00 | 261.00 |
| Total Assets | 1,846.00 | 1,790.00 | 1,548.00 | 1,277.00 | 1,094.00 | 1,043.00 | 1,028.00 | 985.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | Mar 2009 | Mar 2008 |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 69.00 | 232.00 | 206.00 | 92.00 | 109.00 | 184.00 | 59.00 | 95.00 |
| Cash from Investing Activity | -157.00 | -325.00 | -261.00 | -161.00 | -89.00 | -38.00 | -49.00 | -259.00 |
| Cash from Financing Activity | 89.00 | 92.00 | 53.00 | 73.00 | -20.00 | -146.00 | -13.00 | 178.00 |
| Net Cash Flow | 1.00 | -2.00 | -2.00 | 4.00 | 0.00 | 0.00 | -3.00 | 14.00 |
| Free Cash Flow | -90.00 | -94.00 | -55.00 | -69.00 | 18.00 | 146.00 | -7.00 | -153.00 |
| CFO/OP % | 112.00 | 194.00 | 92.00 | 82.00 | 137.00 | 112.00 | 106.00 | 117.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | Mar 2009 | Mar 2008 |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 28.00 | 26.00 | 26.00 | 23.00 | 32.00 | 36.00 | 39.00 | 32.00 |
| Inventory Days | 87.00 | 110.00 | 147.00 | 98.00 | 65.00 | 100.00 | 73.00 | 116.00 |
| Days Payable | 155.00 | 204.00 | 136.00 | 130.00 | 117.00 | 149.00 | 105.00 | 164.00 |
| Cash Conversion Cycle | -40.00 | -68.00 | 37.00 | -9.00 | -19.00 | -12.00 | 8.00 | -16.00 |
| Working Capital Days | -70.00 | -39.00 | -27.00 | -42.00 | 1.00 | 13.00 | 25.00 | 16.00 |
| ROCE % | 1.00 | 7.00 | 20.00 | 10.00 | 8.00 | 19.00 | 8.00 | — |
Corporate Actions
29 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 20 Feb 2026 | 20 Feb 2026 | — | 0.10 | |
| Dividend | 22 Sep 2025 | 22 Sep 2025 | — | 0.10 | |
| Other | 19 Sep 2024 | — | — | — | Annual General Meeting |
| Dividend | 22 Sep 2023 | — | — | 0.30 | |
| Dividend | 17 Feb 2023 | 17 Feb 2023 | — | 0.20 | |
| Dividend | 19 Sep 2022 | — | — | 0.40 | |
| Other | 22 Mar 2022 | — | — | — | E.G.M. |
| Other | 22 Mar 2022 | — | — | — | Extra Ordinary General Meeting |
| Other | 17 Sep 2021 | — | — | — | Annual General Meeting |
| Other | 10 Feb 2021 | — | — | — | E.G.M. |
| Other | 10 Feb 2021 | — | — | — | Extra Ordinary General Meeting |
| Other | 21 Dec 2020 | — | — | — | Annual General Meeting |
| Other | 20 Sep 2019 | — | — | — | Annual General Meeting |
| Other | 18 Sep 2018 | — | — | — | Annual General Meeting |
| Other | 15 Sep 2017 | — | — | — | Annual General Meeting |
| Other | 16 Sep 2016 | — | — | — | Annual General Meeting |
| Other | 14 Aug 2015 | — | — | — | Annual General Meeting |
| Dividend | 31 Jul 2014 | — | — | 0.36 | |
| Dividend | 30 Aug 2013 | — | — | 0.36 | |
| Dividend | 20 Sep 2012 | — | — | 0.36 | |
| Dividend | 11 Nov 2011 | — | — | 0.36 | |
| Dividend | 02 Aug 2010 | — | — | 0.36 | |
| Dividend | 14 Aug 2009 | — | — | 0.30 | |
| Dividend | 20 Jun 2008 | — | — | 0.30 | |
| Dividend | 13 Jul 2007 | — | — | 0.10 | |
| Dividend | 26 Apr 2007 | 28 Apr 2007 | — | 0.20 | |
| Dividend | 23 Jun 2006 | — | — | 0.30 | |
| Dividend | 16 Aug 2005 | — | — | 0.24 | |
| Other | 29 Oct 2001 | 12 Nov 2001 | — | — | Voluntary Delisting of Shares |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update26 Jun from fitch
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Rating update2 Apr 2025 from fitch
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Rating update23 Apr 2024 from fitch
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Rating update22 Sep 2023 from fitch
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Rating update15 Mar 2023 from fitch
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Rating update6 Jan 2021 from fitch