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Earnings Call

DCW Earnings Call: Key Takeaways

DCW Ltd reported FY26 revenue of INR 21,436 Mn, up 7.2% YoY, with EBITDA growing 14.7% to INR 2,216 Mn. Strategy focuses on shifting towards high-margin Specialty Chemicals.

Why this was an Alfa AlertNot a filter event. Results were reported as record-highs but lacked specific prior management guidance comparison.
Highlights
Revenue growth7.2% YoY for FY26.
MarginsEBITDA margin improved 68 bps to 10.34% in FY26.
Demand visibilityStrong for Specialty Chemicals like CPVC and SIOP.
Management confidenceHigh; citing deleveraging and highest-ever sales volumes.

Growth

FY26 PAT grew 60.1% YoY to INR 482 Mn; Specialty Chemicals now contributes 80% of segmental EBITDA.

Outlook

Commissioned 10KT CPVC expansion in 2026, reaching 50KT total capacity; focusing on further deleveraging.

Risks

Sharp fall in CPVC realizations and PVC-CPVC spread contraction impacted Specialty Chemicals profitability margins.

Source

Earnings Call filed with BSE, NSE: DCW. Summary written with AI assistance from the document.

Read the document ↗

DCW Ltd: key numbers

Share price
₹48.72
Market cap
₹1,438 Cr
Revenue (annual)
₹2,144 Cr
Net profit (annual)
₹48.17 Cr
P/E (TTM)
20.2×Sector 37.5×
Promoter holding
45.59%+0.15% QoQ
FII holding
6.11%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Value
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