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Earnings Call

DCW Earnings Call: Key Takeaways

DCW Ltd reported a steady FY26 with EBITDA up 11% and PAT up 60%, driven by record volumes in specialty chemicals despite pricing pressures and global volatility.

Highlights
Revenue growthFY26 revenue up 7.2% YoY; Q4 revenue up 13.2% YoY.
MarginsSpecialty margins contracted to 30%; basic chemical margins improved to 3.5%.
Demand visibilityStable domestic demand; watchful of West Asian geopolitical impacts.
Management confidenceHigh confidence in specialty chemicals transition and leaner balance sheet.

Growth

FY26 revenue rose 7.2% to ₹2,144cr; PAT surged 60% to ₹48cr. Q4 revenue grew 13.2% YoY to ₹609cr.

Outlook

Commissioned 30KT additional C-PVC capacity (total 50KT). Aiming for net-cash positive status by end of FY27 via debt repayment.

Risks

Pricing pressure from Chinese imports, volatile feedstock costs, and geopolitical disruptions in West Asia affecting supply chains.

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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