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 ₹ 468 Cr.
- Current Price ₹ 509
- High / Low ₹ 743 / 450
- Stock P/E 21.2
- Book Value ₹ 231
- Dividend Yield 0.59 %
- ROCE 15.2 %
- ROE 10.8 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 17.1%
Cons
- Company has a low return on equity of 10.8% 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
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
| Dec 2005 | Dec 2006 | Dec 2007 | Dec 2008 | Dec 2009 | |
|---|---|---|---|---|---|
| 310 | 373 | 443 | 514 | 503 | |
| 287 | 351 | 412 | 478 | 461 | |
| Operating Profit | 23 | 22 | 31 | 36 | 42 |
| OPM % | 7% | 6% | 7% | 7% | 8% |
| 5 | 10 | 6 | 5 | 5 | |
| Interest | 4 | 5 | 7 | 6 | 4 |
| Depreciation | 6 | 6 | 7 | 8 | 9 |
| Profit before tax | 18 | 21 | 22 | 28 | 34 |
| Tax % | 32% | 30% | 36% | 35% | 35% |
| 12 | 15 | 14 | 18 | 22 | |
| EPS in Rs | 13.39 | 16.16 | 15.52 | 19.77 | 24.04 |
| Dividend Payout % | 20% | 16% | 17% | 18% | 17% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 11% |
| TTM: | -2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 21% |
| TTM: | 27% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -1% |
| 5 Years: | 5% |
| 3 Years: | 10% |
| 1 Year: | -22% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 11% |
| 3 Years: | 11% |
| Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2005 | Dec 2006 | Dec 2007 | Dec 2008 | Dec 2009 | |
|---|---|---|---|---|---|
| Equity Capital | 7 | 7 | 7 | 9 | 9 |
| Reserves | 100 | 112 | 122 | 186 | 203 |
| 44 | 68 | 21 | 49 | 43 | |
| 79 | 83 | 148 | 98 | 87 | |
| Total Liabilities | 230 | 269 | 298 | 342 | 341 |
| 47 | 54 | 55 | 75 | 73 | |
| CWIP | 3 | 4 | 18 | 6 | 9 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 180 | 211 | 224 | 261 | 260 | |
| Total Assets | 230 | 269 | 298 | 342 | 341 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2005 | Dec 2006 | Dec 2007 | Dec 2008 | Dec 2009 | |
|---|---|---|---|---|---|
| 7 | -4 | 40 | -7 | 35 | |
| -9 | -10 | -22 | -14 | -9 | |
| 0 | 15 | -8 | 18 | -15 | |
| Net Cash Flow | -1 | 0 | 10 | -3 | 11 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2005 | Dec 2006 | Dec 2007 | Dec 2008 | Dec 2009 | |
|---|---|---|---|---|---|
| Debtor Days | 124 | 117 | 104 | 103 | 100 |
| Inventory Days | 77 | 80 | 59 | 70 | 68 |
| Days Payable | 122 | 75 | 72 | 64 | 56 |
| Cash Conversion Cycle | 80 | 122 | 90 | 109 | 112 |
| Working Capital Days | 106 | 116 | 47 | 104 | 106 |
| ROCE % | 14% | 17% | 16% | 15% |
Insights
In beta| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
|---|---|---|---|---|---|---|---|---|
| Total Recordable Incident Rate (TRIR) Rate ・Standalone data |
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| Number of Manufacturing Plants Units ・Standalone data |
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| R&D Expenditure (Percentage of Turnover) % ・Standalone data |
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Documents
Announcements
- Closure of Trading Window 1d
-
Regulation 30 Disclosure Regarding Mediation Proceedings Before The Delhi High Court Mediation And Conciliation Centre And The Fact About The Proceedings Before The Indian Council Of Arbitration ('ICA') Being Kept In Abeyance.
2d - DIC India filed suit against Star Plastics on March 24, 2026 seeking INR 60,62,333 recovery.
-
Announcement under Regulation 30 (LODR)-Change in Management
23 Mar - March 23, 2026 AGM: final dividend Rs.3/sh, reappointments of directors and cost auditor.
-
Announcement under Regulation 30 (LODR)-Change in Management
23 Mar - 78th AGM on March 23, 2026; final dividend Rs.3/share; director and auditor appointments.
-
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
23 Mar - AGM on 23-Mar-2026: FY2025 accounts adopted; final dividend INR 3/share; director and auditor appointments confirmed.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from bse
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.