DIC India Ltd

DIC India Ltd

₹ 468 -0.26%
26 Apr 12:53 p.m.
About

Incorporated in 1947, DIC India Ltd is in the business of manufacturing Printing Inks, and also provides Lamination Adhesive[1]

Key Points

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.

  • Market Cap 430 Cr.
  • Current Price 468
  • High / Low 555 / 381
  • Stock P/E 19.5
  • Book Value 231
  • Dividend Yield 0.42 %
  • 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

Sector: Chemicals Industry: Chemicals

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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

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: 6%
3 Years: 6%
1 Year: 13%
Return on Equity
10 Years: %
5 Years: %
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%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
71.75% 71.75% 71.75% 71.75% 71.75% 71.75% 71.75% 71.75% 71.75% 71.75% 71.75% 71.75%
28.24% 28.24% 28.24% 28.24% 28.24% 28.24% 28.25% 28.24% 28.24% 28.25% 28.26% 28.25%
No. of Shareholders 8,6928,3348,1428,2398,2397,7487,5887,5907,4807,1557,0636,918

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