DIC India Ltd
Incorporated in 1947, DIC India Ltd is in the business of manufacturing Printing Inks, and also provides Lamination Adhesive[1]
- Market Cap ₹ 600 Cr.
- Current Price ₹ 655
- High / Low ₹ 840 / 463
- Stock P/E 34.5
- Book Value ₹ 452
- Dividend Yield 0.61 %
- ROCE 6.43 %
- ROE 4.66 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- The company has delivered a poor sales growth of 2.19% over past five years.
- Company has a low return on equity of 2.28% over last 3 years.
* 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
Commodities Chemicals Chemicals & Petrochemicals Printing Inks
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
712 | 722 | 750 | 707 | 738 | 838 | 791 | 608 | 745 | 872 | 829 | 882 | 893 | |
684 | 723 | 691 | 665 | 726 | 839 | 771 | 586 | 722 | 851 | 819 | 845 | 858 | |
Operating Profit | 28 | -1 | 59 | 42 | 12 | -1 | 20 | 23 | 23 | 21 | 10 | 36 | 35 |
OPM % | 4% | -0% | 8% | 6% | 2% | -0% | 3% | 4% | 3% | 2% | 1% | 4% | 4% |
1 | -20 | 4 | 6 | -9 | 15 | 13 | 105 | 10 | 41 | -16 | 10 | 10 | |
Interest | 4 | 6 | 5 | 2 | 3 | 6 | 5 | 2 | 1 | 4 | 4 | 2 | 2 |
Depreciation | 12 | 13 | 17 | 15 | 16 | 13 | 11 | 15 | 14 | 13 | 18 | 19 | 19 |
Profit before tax | 12 | -39 | 40 | 31 | -16 | -6 | 17 | 111 | 17 | 44 | -28 | 26 | 25 |
Tax % | -4% | -21% | 26% | 26% | -25% | 58% | -6% | 23% | 26% | 8% | -20% | 25% | |
13 | -31 | 30 | 23 | -12 | -9 | 18 | 86 | 12 | 41 | -23 | 20 | 18 | |
EPS in Rs | 13.66 | -33.65 | 32.37 | 24.88 | -12.84 | -10.15 | 20.10 | 93.58 | 13.50 | 44.65 | -24.71 | 21.29 | 19.54 |
Dividend Payout % | 29% | 0% | 12% | 16% | 0% | 0% | 22% | 6% | 37% | 4% | 0% | 19% |
Compounded Sales Growth | |
---|---|
10 Years: | 2% |
5 Years: | 2% |
3 Years: | 6% |
TTM: | 8% |
Compounded Profit Growth | |
---|---|
10 Years: | 15% |
5 Years: | 1% |
3 Years: | 15% |
TTM: | 316% |
Stock Price CAGR | |
---|---|
10 Years: | 4% |
5 Years: | 16% |
3 Years: | 21% |
1 Year: | 40% |
Return on Equity | |
---|---|
10 Years: | 3% |
5 Years: | 3% |
3 Years: | 2% |
Last Year: | 5% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
Reserves | 282 | 251 | 275 | 293 | 281 | 271 | 289 | 370 | 377 | 413 | 387 | 406 |
23 | 35 | 2 | 0 | 35 | 51 | 35 | 6 | 5 | 24 | 20 | 3 | |
133 | 139 | 122 | 143 | 167 | 273 | 136 | 144 | 220 | 203 | 165 | 169 | |
Total Liabilities | 447 | 435 | 408 | 445 | 492 | 603 | 469 | 529 | 611 | 649 | 581 | 587 |
97 | 87 | 71 | 69 | 54 | 57 | 59 | 79 | 76 | 88 | 143 | 141 | |
CWIP | 1 | 2 | 2 | 4 | 7 | 3 | 1 | 1 | 9 | 77 | 15 | 4 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
350 | 346 | 335 | 372 | 431 | 543 | 408 | 449 | 526 | 484 | 423 | 442 | |
Total Assets | 447 | 435 | 408 | 445 | 492 | 603 | 469 | 529 | 611 | 649 | 581 | 587 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
33 | 2 | 42 | 46 | -13 | -9 | 58 | 24 | -7 | 37 | 5 | 16 | |
-12 | -10 | -5 | -15 | -3 | -22 | -37 | 38 | 56 | -34 | -30 | -6 | |
-20 | 1 | -37 | -10 | 28 | 12 | -22 | -44 | -9 | -8 | 5 | -18 | |
Net Cash Flow | 1 | -6 | 0 | 21 | 12 | -19 | 0 | 18 | 40 | -6 | -20 | -8 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 104 | 102 | 100 | 101 | 109 | 107 | 93 | 109 | 114 | 105 | 97 | 100 |
Inventory Days | 74 | 73 | 70 | 87 | 81 | 78 | 62 | 88 | 99 | 59 | 61 | 66 |
Days Payable | 60 | 70 | 57 | 68 | 90 | 107 | 70 | 96 | 126 | 82 | 68 | 66 |
Cash Conversion Cycle | 118 | 105 | 114 | 120 | 99 | 77 | 85 | 101 | 88 | 82 | 90 | 99 |
Working Capital Days | 112 | 104 | 102 | 105 | 106 | 91 | 104 | 108 | 104 | 83 | 83 | 91 |
ROCE % | 5% | -4% | 16% | 11% | -0% | -0% | 7% | 4% | 5% | 4% | -1% | 6% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Change in Management
4 Jun - Head-Legal Jaydeep Sengupta resigns effective June 4, 2025, due to personal reasons.
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
31 May - GST demand Rs.2.26L paid; interest Rs.2.78L and penalty Rs.32K waived under Amnesty Scheme.
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
31 May - Paid Rs.1.61L GST demand; Rs.1.87L interest and penalty waived under GST Amnesty Scheme.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 10 May
-
Integrated Filing (Financial)
8 May - DIC India reports Q4 FY25 unaudited financials with Rs. 258.16 lakh profit and no audit qualifications.
Annual reports
-
Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from nse
Business Overview:[1]
DIC India Ltd (formerly, Coates of India Ltd) manufactures printing ink, including newsprint ink, offset ink, liquid ink, Flexographic inks, and lamination adhesives used in the newspaper, publishing, and packaging industries. Company also introduced flexi-packaging toluene free ink in FY23.