DCW Ltd

DCW Ltd

₹ 57.0 0.26%
24 Apr 4:11 p.m.
About

DCW Ltd is engaged in manufacture and sale of a diverse range of products with a focus on commodity chemicals, specialty chemicals and intermediate products.[1]

It was started as Dhrangadhra Chemical Works in 1939 when it took over the India's first Soda Ash facility at Dhrangadhra which was established in 1925.[2]

Key Points

Product Portfolio
The company's product portfolio includes-

  • Market Cap 1,681 Cr.
  • Current Price 57.0
  • High / Low 72.4 / 42.1
  • Stock P/E
  • Book Value 26.2
  • Dividend Yield 0.88 %
  • ROCE 1.23 %
  • ROE -0.73 %
  • Face Value 2.00

Pros

Cons

  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -1.02%
  • The company has delivered a poor sales growth of 4.14% over past five years.
  • Company has a low return on equity of 9.08% over last 3 years.
  • Company might be capitalizing the interest cost

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Petrochemicals Industry: Petrochemicals

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Operating Profit
OPM %
Interest
Depreciation
Profit before tax
Tax %
EPS in Rs
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015
751 906 1,023 1,057 1,183 1,327 1,324 1,253
663 848 843 970 1,058 1,078 1,194 1,187
Operating Profit 88 58 180 88 125 248 130 66
OPM % 12% 6% 18% 8% 11% 19% 10% 5%
8 36 2 26 5 -3 1 -0
Interest 15 33 39 30 34 32 27 19
Depreciation 30 41 49 48 51 53 51 52
Profit before tax 51 20 94 36 46 160 52 -5
Tax % 30% 29% 28% 19% 33% 35% 27% -24%
36 14 68 29 31 105 38 -6
EPS in Rs 1.82 0.73 3.45 1.47 1.51 5.00 1.81 -0.28
Dividend Payout % 16% 41% 10% 24% 24% 7% 20% 0%
Compounded Sales Growth
10 Years: %
5 Years: 4%
3 Years: 2%
TTM: -5%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -111%
Stock Price CAGR
10 Years: 15%
5 Years: 24%
3 Years: 17%
1 Year: 19%
Return on Equity
10 Years: %
5 Years: 8%
3 Years: 9%
Last Year: -1%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015
Equity Capital 39 39 39 39 41 42 42 43
Reserves 269 276 335 356 384 486 515 517
379 425 313 331 447 544 671 779
298 287 355 369 405 477 562 507
Total Liabilities 985 1,028 1,043 1,094 1,277 1,548 1,790 1,846
560 689 642 607 687 664 661 635
CWIP 152 66 90 178 216 442 718 849
Investments 13 0 1 0 0 0 0 0
261 271 310 309 373 443 411 362
Total Assets 985 1,028 1,043 1,094 1,277 1,548 1,790 1,846

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015
95 59 184 109 92 206 232 69
-259 -49 -38 -89 -161 -261 -325 -157
178 -13 -146 -20 73 53 92 89
Net Cash Flow 14 -3 0 -0 4 -2 -2 1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015
Debtor Days 32 39 36 32 23 26 26 28
Inventory Days 116 73 100 65 98 147 110 87
Days Payable 164 105 149 117 130 136 204 155
Cash Conversion Cycle -16 8 -12 -19 -9 37 -68 -40
Working Capital Days 16 25 13 1 -20 -7 -35 -37
ROCE % 8% 19% 8% 10% 20% 7% 1%

Shareholding Pattern

Numbers in percentages

40 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
46.76% 46.76% 46.76% 46.76% 43.95% 44.85% 45.10% 45.10% 45.10% 45.10% 45.10% 44.08%
6.08% 6.38% 6.32% 6.72% 6.32% 7.89% 8.22% 8.30% 7.99% 8.43% 7.87% 7.25%
0.03% 0.03% 0.03% 0.02% 6.07% 0.20% 0.01% 0.01% 0.01% 0.11% 0.01% 0.01%
47.14% 46.84% 46.90% 46.50% 43.67% 47.04% 46.66% 46.58% 46.90% 46.35% 47.01% 48.65%
No. of Shareholders 87,81687,68292,97088,63386,88291,24991,79190,30193,7321,07,4691,20,5421,52,888

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls