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DCW Ltd share Price Today

Company details

51.90
53.10
42.10
72.40
6M Return -3.43%
1Y Return 17.99%
Mkt Cap.(Cr) 1,539.23
Volume 486,420
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 486,420

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Petrochemical firm DCW announced Q2FY23 results:

  • Q2FY23 & H1FY23:
    • Revenue from operations for H1FY23 stood at Rs 14,664.3 million, delivering growth of 34.2% on a YoY. Improved operational efficiency of the SIOP plant, coupled with favourable market conditions in Soda ash and Caustic Soda, led to robust performance in H1FY23.
    • EBITDA for H1FY23 stood at Rs 2,346.9 million, compared to Rs 1,403.0 million in H1FY22, delivering growth of 67.3% YoY. PVC prices have fallen significantly over the last two quarters. However, the company’s diversified portfolio, with the critical components of Specialty chemicals, mitigated the volatility and delivered stable margins for Q2FY23.
    • PAT stood at Rs 1,084.1 million in H1FY23, compared to a profit of Rs 330.4 million in H1FY22, delivering growth of 228.1% YoY.

Commenting on the results, Mr. Vivek Jain, Managing Director, DCW Ltd., said, "The Company's performance in H1FY23 is testimony to our long-drawn strategy of diversifying our product portfolio in a manner which provides resilience as well take advantage during favourable market conditions. As we have witnessed over the past several quarters, CPVC and SIOP performance has been relatively resilient and are contributing 25-30% in overall EBITDA on a steady state basis. Once we optimise our SIOP plants, the contribution from SIOP will further improve, bringing more consistency and stability to our earnings. The commodity segment business remains aligned with market conditions. In H1FY23, the Company saw a remarkable performance from Soda Ash and Caustic Soda with PVC remaining soft.

With the strategy of making our operations more efficient and the balance sheet more robust, the Company refinanced its high interest-bearing NCDs with market-aligned finance from leading bankers. This is expected to save our interest costs and cash outflows significantly. We believe our debt remains appropriate, with Net Debt to EBITDA expected to go down to levels of 1 by the end of this fiscal. We continue to look for an opportunity to utilise our in-house chlorine for various purposes. We are at an exciting crossroads for a long, sustained growth journey. We continue to endeavour a roadmap to create new highs going forward.”

Result PDF

View Other Company Results

DCW Ltd shares SWOT Analysis

Strengths (5)

  • Growth in Net Profit with increasing Profit Margin (QoQ)
  • Company with Low Debt
  • Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years

Weakness (4)

  • Negative profit growth, promoters decreasing shareholding QoQ
  • Degrowth in Revenue and Profit
  • Major fall in TTM Net Profit

Opportunity (1)

  • Turnaround companies- loss to profit QoQ

Threats (3)

  • Promoter decreasing their shareholding
  • High PE (PE > 40)
  • RSI indicating price weakness

Resistance and support

R1 52.9
R2 53.6
R3 54.1
Pivot

52.40

S1 51.7
S2 51.2
S3 50.5
EMA SMA
53.4
54.7
55.5
54.6
54.1
54.0
57.5
55.6
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
CRONY VYAPAR PVT LTD Bulk Purchase 2024-04-05 60.13 3964197 NSE
HRTI PRIVATE LIMITED Bulk Purchase 2024-04-05 59.77 2215950 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-04-05 59.64 2212454 NSE
Name Category Shares
ASHISH JAIN PROMOTER 5.15%
VIVEK JAIN PROMOTER 3.2%
NAMITA P JAIN PROMOTER 2.27%
MEETA JAIN PROMOTER 2.04%
MUDIT JAIN PROMOTER 1.89%
VARSHA JAIN PROMOTER 1.86%
RIMA SAATVIK JAIN PROMOTER 1.85%
PAULOMI BAKUL JAIN PROMOTER 1.67%
SONALIKA JAIN PROMOTER 1.16%
DURGAVATI JAIN PROMOTER 0.86%
NITISH SHASHICHAND JAIN PROMOTER 0.79%
SAHU BROTHERS PRIVATE LIMITED PROMOTER 17.77%
KISHCO PRIVATE LIMITED PROMOTER 0.51%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

DCW Ltd Stocks COMPARISON

Financials( in Cr) DCW Ltd Supreme Petrochem Ltd Savita Oil Technologies Ltd Styrenix Performance Materials Ltd Bhansali Engineering Polymers Ltd
Price 52.15 698.25 521.40 1,815.05 99.00
% Change -1.60 0.84 2.48 5.65 2.01
Mcap Cr 1,539.23 13,129.96 3,602.87 3,191.95 2,463.69
Revenue TTM Cr 2,633.80 5,287.20 3,630.44 2,372.27 1,362.56
Net Profit TTM Cr 191.98 498.14 225.70 183.01 136.76
PE TTM 94.96 37.68 17.78 18.21 13.77
1 Year Return 17.99 90.21 70.84 116.57 13.36
ROCE 23.54 39.28 24.85 29.46 19.17
ROE 17.48 29.66 16.68 23.30 13.35
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 1,025.10 Cr FV: 2.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 45,096.27 -32,431.93
LAST 3M 105,135.14 -41,239.38
LAST 6M 172,248.08 48,806.90
LAST 12M 264,707.07 127,969.33
DCW Limited - Analysts/Institutional Investor Meet/Con. Call Updates

May 18, 2024 l NSE Announcement

DCW Limited - Investor Presentation

May 17, 2024 l NSE Announcement

NSE Board Meetings Forthcomming

May 16, 2024 l NSE Board Meetings Forthcomming

Date Action Type Ratio
Sep 22, 2023 Dividend 15
Feb 17, 2023 Dividend 10
Sep 19, 2022 Dividend 20

DCW Ltd Information

Stock PE (TTM)
94.96
Promoter Holding
44.08%
Book Value
34.9552
ROCE
23.54%
ROE
17.48%
Description
  • DCW Ltd is in the Petrochemicals sector is having a market capitalization worth Rs. 895.33 crores, it is incorporated in the year 1939. It has reported consolidated sales of Rs. 520.51 crores in June’2021. The company is listed on the Bombay Stock Exchange (BSE) with the code 500117, and also listed on the National Stock Exchange (NSE) with the code DCW.

    DCW Ltd was incorporated in 1939 to take over India’s first soda ash factory installed in 1925. The company has two manufacturing units’ located Dhrangadhra unit (located in the state of Gujarat) and the Sahupuram unit (located in the state of Tamil Nadu). The company produces soda ash, sodium bicarbonate, and ammonium bicarbonate at its Dhrangadhra unit. Whereas the Sahupuram unit manufactures caustic soda, liquid chlorine, hydrochloric acid, iron oxide, PVC resin, etc. The company also manufactures a range of home products like spice, flour, and iodized salt. The company holds 10% of the market share in the PVC industry and 15% of the market share in the caustic soda industry. The promoters of the company own 46.76% of the stake, Foreign Institutional Investors (FII) own 6.08%, Domestic Institutional Investors (DII) own 0.02% stake in the company, and others (such as public & retail investors) hold the balance of 47.14%.

    In June 2021, quarterly net revenue was Rs. 520.51 crores, which has increased by approximately 82.90 % from Rs. 284.59 crores for the April-June 2020 quarter. The quarterly net profit in June 2021 was Rs. 13.37 crores, which has improved sharply and increased by nearly 235.87% from a net loss of Rs. 9.84 crores in June 2020. In June 2021, the reported operating profit was at Rs. 495.11 crores, which is also increased by 102.34% as compared to an operating profit of Rs. 244.69 crores for the quarter ending in June 2020. From a negative EPS of Rs. 0.38 in June 2020, the EPS of DCW Ltd has risen to an EPS of Rs. 0.51 per share in June 2021. DCW's stock closed at Rs. 34.30 on 26th August’2021 (NSE). DCW Industries Ltd has returned 25.87% in the last six months and returned 127.91% positively in the previous year.

Registered Address

No 2 Guest House, , Dhrangadhra, Gujarat, 363315

Tel : 91-2754-5719967-76
Email : dilip.darji:dcwltd.com, legal:dcwltd.com
Website : http://www.dcwltd.com
Registrar

Bigshare Services Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 2
Market Lot Equity Shares : 1
BSE Code : 500117
NSE Code : DCW
Book Closure Date (Month) : Sep
BSE Group : B
ISIN : INE500A01029

FAQ’s on DCW Ltd Shares

You can buy DCW Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy DCW Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 17, 2024 03:59 PM the closing price of DCW Ltd was Rs.52.15.

Market capitalization or market cap is determined by multiplying the current market price of a company�s shares with the total number of shares outstanding. As of May 17, 2024 03:59 PM, the market cap of DCW Ltd stood at Rs. 1,539.23.

The latest PE ratio of DCW Ltd as of May 17, 2024 03:59 PM is 94.96

The latest PB ratio of DCW Ltd as of May 17, 2024 03:59 PM is 0.67

The 52-week high of DCW Ltd share price is Rs. 72.40 while the 52-week low is Rs. 42.10

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