DCW Limited

Chemicals · Chemicals & Petrochemicals

NSE: DCW BSE: 500117

₹45.62

Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in Chemicals & Petrochemicals

The largest companies in the same industry by market cap. This company ranks #77 of 221. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Solar Industries India Limited	178,265	137.1	26.5%	47.3%	—	95	7	50
Pidilite Industries Limited	149,114	58.1	22.4%	-0.7%	0.78%	91	0	27
SRF Limited	73,291	38.7	13.1%	-14.9%	0.40%	73	8	14
Linde India Limited	53,925	98.3	12.9%	0.9%	0.06%	74	0	50
Gujarat Fluorochemicals Limited	48,392	69.5	7.3%	18.6%	0.07%	75	0	30
Navin Fluorine International Limited	42,290	74.7	16.7%	78.1%	—	83	33	48
Himadri Speciality Chemical Limited	34,198	43.0	15.9%	51.2%	0.12%	84	25	67
Aether Industries Limited	22,552	123.9	8.9%	125.9%	—	81	0	85
DCW Limited (this stock)	1,346	18.9	4.0%	-34.2%	0.66%	37	87	15

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹1,652 Cr

EV / EBITDA

7.4x

EV / Sales

0.75x

Market cap / Sales

0.61x

Earnings yield

5.30%

Quarterly Financials

Download CSV

Standalone Consolidated

↑ Positive

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 548 Cr, up 14.2% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	542	0	35	₹1.1700
March 31, 2026	609	28	18	₹0.6100
Dec. 31, 2025	520	8	5	₹0.1700
Sept. 30, 2025	539	21	14	₹0.4700
June 30, 2025	475	18	11	₹0.3900
March 31, 2025	538	21	11	₹0.3900
Dec. 31, 2024	474	20	13	₹0.4500
Sept. 30, 2024	489	-2	-1	₹-0.0400
June 30, 2024	500	10	7	₹0.2300
March 31, 2024	622	25	15	₹0.5200
Dec. 31, 2023	398	-19	-12	₹-0.4200
Sept. 30, 2023	414	4	3	₹0.0900
June 30, 2023	438	15	10	₹0.3400

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Total income (before exceptional items)	548	615	525	544	480	544	479	495	506	627	402	418	442
Operating revenue	542	609	520	539	475	538	474	489	500	622	398	414	438
Other income	6	6	5	5	4	6	5	6	6	6	4	4	4
Operating expenses	506	544	475	481	422	482	417	453	454	558	378	373	387
Operating profit	36	65	45	58	54	56	57	35	45	63	19	42	51
Operating profit margin	6.6%	10.6%	8.7%	10.8%	11.3%	10.4%	12.0%	7.2%	9.0%	10.2%	4.9%	10.0%	11.7%
Depreciation	26	26	26	26	25	25	25	25	25	24	24	23	23
Interest	15	15	16	16	15	16	16	18	17	20	18	19	17
Exceptional items, gain / (loss)	—	—	—	—	—	—	—	—	—	-0	-1	—	—
Profit before tax	0	28	8	21	18	21	20	-2	10	25	-19	4	15
Tax	-34	10	3	7	6	9	7	-1	3	9	-7	2	5
Net profit	—	—	5	14	11	—	13	-1	7	15	-12	3	10
EPS	1.17	0.61	0.17	0.47	0.39	0.39	0.45	-0.04	0.23	0.52	-0.42	0.09	0.34
Net profit (TTM)	—	—	—	—	—	—	34	8	12	16	36	96	143
EPS (TTM)	2.42	1.64	1.42	1.70	1.19	1.03	1.16	0.29	0.42	0.53	1.21	3.26	4.85

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	2,144	75	48
March 31, 2025	2,000	49	30
March 31, 2024	1,872	25	16
March 31, 2023	2,634	274	192

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Total income (before exceptional items)	-6.5%	7.9%	2,163^†	2,023^†	1,890^†	2,649^†	2,461^†	1,476^†	1,286^†	1,356^†	1,220^†	1,310^†
Operating revenue	-6.6%	7.9%	2,144	2,000	1,872	2,634	2,455^†	1,464^†	1,277^†	1,353^†	1,213^†	1,305^†
Other income	—	—	19^†	23^†	18^†	15^†	6^†	11^†	9^†	4^†	6^†	5^†
Operating expenses	—	—	1,922^†	1,807^†	1,696^†	2,205^†	2,130^†	1,255^†	1,129^†	—	—	1,116^†
Operating profit	-19.7%	1.1%	222^†	193^†	176^†	428^†	325^†	209^†	148^†	—	—	189^†
Operating profit margin	—	—	10.3%^†	9.7%^†	9.4%^†	16.3%^†	13.2%^†	14.3%^†	11.6%^†	—	—	14.5%^†
Depreciation	—	—	104^†	100^†	94^†	90^†	89^†	87^†	87^†	—	—	68^†
Interest	—	—	62^†	67^†	74^†	126^†	113^†	120^†	107^†	104^†	93^†	57^†
Exceptional items, gain / (loss)	—	—	0^†	0^†	-1^†	47^†	14^†	0^†	0^†	0^†	0^†	0^†
Profit before tax	-35.2%	40.4%	75	49	25	274	143^†	14^†	-38^†	-22^†	-49^†	25^†
Tax	—	—	26^†	19^†	10^†	82^†	36^†	10^†	-12^†	-17^†	-29^†	5^†
Net profit	-36.9%	66.2%	48	30	16	192	108^†	4^†	-26^†	-5^†	-20^†	20^†
EPS	-37.6%	61.3%	1.64^†	1.03^†	0.53^†	6.75^†	4.11^†	0.15^†	-0.97^†	—	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Operating margin	10.3%^†	9.7%^†	9.4%^†	16.3%^†	13.2%^†	14.3%^†	11.6%^†	—	—	14.5%^†
EBIT margin	6.4%^†	5.8%^†	5.3%^†	15.2%^†	10.4%^†	9.1%^†	5.4%^†	6.1%^†	3.6%^†	6.2%^†
PBT margin	3.5%	2.5%	1.4%	10.4%	5.8%^†	0.9%^†	-3.0%^†	-1.6%^†	-4.1%^†	1.9%^†
Net margin	2.2%	1.5%	0.8%	7.3%	4.4%^†	0.3%^†	-2.0%^†	-0.4%^†	-1.7%^†	1.5%^†
Interest coverage	2.20x^†	1.73x^†	1.34x^†	3.18x^†	2.27x^†	1.11x^†	0.65x^†	0.79x^†	0.47x^†	1.44x^†
Dividend payout	12.2%^†	0.0%^†	56.6%^†	8.9%^†	0.0%^†	0.0%^†	—	—	—	—
Earnings retention	87.8%^†	100.0%^†	43.4%^†	91.1%^†	100.0%^†	100.0%^†	—	—	—	—
Current ratio	1.01x	1.08x	—	—	—	—	—	—	—	—
Quick ratio	0.57x	0.50x	—	—	—	—	—	—	—	—
Debt to equity	0.29x	0.41x	—	—	—	—	—	—	—	—
Return on equity	4.5%	2.9%	—	—	—	—	—	—	—	—
Return on assets	2.3%	1.4%	—	—	—	—	—	—	—	—
Return on capital employed	9.9%^†	8.1%^†	—	—	—	—	—	—	—	—
Asset turnover	1.03x	0.92x	—	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	278	-63	-221	93	185
March 31, 2025	191	-112	-78	76	114
March 31, 2024	252	-99	-153	94	158
March 31, 2023	226	-165	-139	86	140
March 31, 2022	178	52	-192	38	140

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	2,089	1,075	1,016	190	120	717	713	5	1,304	309
March 31, 2025	2,178	1,033	974	208	218	794	735	11	1,270	428
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.