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DIC India Ltd share Price Today

Company details

471.55
512.40
410.50
555.00
6M Return -0.89%
1Y Return 15.47%
Mkt Cap.(Cr) 456.75
Volume 27,099
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 27,099

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DIC India Ltd shares SWOT Analysis

Strengths (5)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Growth in Net Profit with increasing Profit Margin (QoQ)
  • Company with Low Debt

Weakness (6)

  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  • Degrowth in Revenue and Profit
  • Declining Revenue every quarter for the past 2 quarters

Opportunity (3)

  • Turnaround companies- loss to profit QoQ
  • Stock with Low PE (PE < = 10)
  • RSI indicating price strength

Threats (0)

Data not found

Resistance and support

R1 516.2
R2 534.7
R3 557.0
Pivot

493.85

S1 475.3
S2 453.0
S3 434.5
EMA SMA
469.3
463.1
461.7
456.2
470.4
457.0
462.3
461.2
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GLOBE CAPITAL MARKET LIMITED Bulk Purchase 2014-10-21 397.25 5783 NSE
GLOBE CAPITAL MARKET LIMITED Bulk Sell 2014-10-21 395.46 62306 NSE
Name Category Shares
DIC ASIA PACIFIC PTE LTD PROMOTER 71.75%

FINANCIALS

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

DIC India Ltd Stocks COMPARISON

Financials( in Cr) DIC India Ltd Pidilite Industries Ltd Linde India Ltd SRF Ltd Gujarat Fluorochemicals Ltd
Price 497.60 3,109.80 9,262.40 2,402.00 3,266.85
% Change 4.64 1.01 -0.17 0.09 -0.73
Mcap Cr 456.75 158,167.23 78,993.45 71,201.29 35,886.35
Revenue TTM Cr 871.99 11,799.10 3,135.52 13,138.52 5,684.66
Net Profit TTM Cr 40.98 1,288.87 538.06 1,335.71 1,323.05
PE TTM 104.69 87.89 182.01 53.39 83.05
1 Year Return 15.47 15.75 110.59 2.44 3.94
ROCE 3.55 24.24 16.29 12.52 29.38
ROE 2.61 18.93 14.70 12.25 27.07
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 422.25 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 35,930.46 -6,140.05
LAST 3M 112,173.55 -45,499.40
LAST 6M 183,830.47 -16,034.02
LAST 12M 290,122.07 99,526.79

DIC India Ltd Information

Stock PE (TTM)
104.69
Promoter Holding
71.75%
Book Value
431.779
ROCE
3.55%
ROE
2.61%
Description
  • DIC India Limited (formerly known as Coates India Limited) was incorporated as a Public Limited Company on April 02, 1947 by the Founder, Manish Bhatia. The Company is a subsidiary of DIC Asia Pacific Pte Limited, Singapore and the Ultimate Holding Company is DIC Corporation, Japan. The Company is engaged in manufacturing of printing inks, which covers newsprint ink, offset ink and liquid ink used in newspapers, other publications and packaging industries. It provides lamination adhesive. It has 4 manufacturing plants one each at Kolkata (West Bengal), Noida (Uttar Pradesh), Ahmedabad (Gujarat) and Bangalore (Karnataka). The company went public in 1962. Coates Brothers, UK, has a 51% stake in the company. The company is a part of Dainippon Ink & Chemicals Inc. (DIC), Japan. DIC along with its subsidiaries are the world leaders in printing inks with global market share of nearly 40%. During the year 2001 Coates India made a restructuring in their organisation. As per the restructuring DIC is in the process of reorgnising its holdings into single entity viz DIC Asia Pacific Pte Ltd. The 51% stake conssiting of 3511624 shares held by Coates Brother Plc UK has been acquired Sun Chemical group B.V., in October,2001. Consequent to this acquisition of the shares,the total equity stake held by Sun Chemical group in the company went up to 59.42%. In the second phase DIC Asia Pacific Pte Ltd has acquired the entire stake of 59.42% of the paid up capital from Sun Chemical group B.V.,through an inter-se transfer within the Group Holding. As on December,2002 DIC Asia Pacific Pte Ltd holds 59.54% stake in Coates of India Ltd. The first unit to manufacture printing inks, surface coatings and allied products came up in 1947 in Calcutta, and other manufacturing units were established in Chennai (1958), Mumbai (1960), Delhi (1966) and Noida (1990) in a phased manner, to cater to the demands of the local market. Coates has diversified into the production of industrial adhesives for which the technology was supplied by Bostik, UK which commenced its commercial production in Jul.`93. It undertook a chip project for the in-house manufacture of certain intermediate products. This project lead to a significant improvement in the quality and productivity of the company`s core business of inks. In March 2001 the company has acquired the entire share capital of Rohit Industries Pvt Ltd with a view to utilise its resources in an effective manner. Rohit has now become a wholly owned subsidiary of the company. The installed capacity of Printing Inks was increased from 15060 Tonnes to 17280 Tonnes. The company has expanded the installed capacity of Printing Ink during the year 2002-03 by 2124 TPA and with this expansion the total capacity has risen to 23376 TPA. The name of the company has been changed during August 2004 from Coates of India Limited to DIC India Limited. During the year 2004, the Company set up a state of the art new Lamination Adhesives Project within the existing DCIL`s factory site at Bangalore with the technical support of DIC, Japan, completed trial runs and commenced commercial production in December, 2004. As on 31st December, 2003, DIG Asia Pacific Pte Ltd., (DAPPL) Singapore held 4,312,888 shares in its own name and 215,000 shares acquired from the market were held in the name of DSP Merill Lynch Ltd on behalf of DAPPL. During the year 2003-04, Company, however, received the approval from the Reserve Bank of India dated 25th June, 2004 for transfer of 215,000 shares held by DSP Merill Lynch Ltd on behalf of DAPPL. Thus, after the transfer of shares, DAPPL is holding 4,527,888 shares representing 65.76% of the paid up equity capital of Company. In the Board Meeting dated 6th February, 2007 of the Board of Directors of Rohit, approved the merger of the Company with its holding Company, DIC India Limited. The Company also approved the merger of its subsidiary, Rohit with the Company. The Company had since received the certified copy of the Court Order dated 28th February, 2008 from the Hon`ble High Court, Calcutta sanctioning the Scheme of Amalgamation with effect from 1st April, 2007. The Company commissioned the Liquid Ink Mother Plant (LIMP) at Noida, UP on 25th September, 2008 for which the Company had come out with the aforesaid Rights Issue. During the year 2010, the Company sold its entire shareholding in the wholly owned subsidiary, DIC Coatings India Limited, to The Valspar (Singapore) Corporation Pte Limited. Thereafter the Board of Directors of DIC India Limited in its meeting held on 26th May, 2010 approved the sale of the entire shareholding in its wholly owned unlisted subsidiary, DIC Coatings India Limited, to The Valspar (Singapore) Corporation Pte Limited for an aggregate consideration of Rs.400,680,362. With effect from 1st June, 2010, DIC Coatings Limited ceased to be a subsidiary of Company. The Company set up a new plant for Lamination Adhesive at Bangaluru during the year 2012 which costed Rs.291.72 million.

Registered Address

UB 03 Manito, 31/41 Binova Bhave Road, Kolkata, West Bengal, 700088

Email : investors:dic.co.in; raghav.shukla:dic.co.in
Website : http://www.dicindialtd.co
Registrar

CB Management Services Ltd

AGM Date (Month) : Mar
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 500089
NSE Code : DICIND
Book Closure Date (Month) : Mar
BSE Group : B
ISIN : INE303A01010

FAQ’s on DIC India Ltd Shares

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

Company share prices and volatile and keep changing according to the market conditions. As of Jun 14, 2024 03:59 PM the closing price of DIC India Ltd was Rs.497.60.

The latest PE ratio of DIC India Ltd as of Jun 14, 2024 03:59 PM is 104.69

The latest PB ratio of DIC India Ltd as of Jun 14, 2024 03:59 PM is 0.91

The 52-week high of DIC India Ltd share price is Rs. 555.00 while the 52-week low is Rs. 410.50

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 Jun 14, 2024 03:59 PM, the market cap of DIC India Ltd stood at Rs. 456.75.

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