DCW Ltd.

BSE: DCW500117ISIN INE500A01029

Commodities
Petrochemicals
BSE Commodities

Share price

₹46.18+0.83 (+1.83%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹72.40
52W low: ₹37.15
Off 52W high: -36.22%
1M return: +3.13%
3M return: -0.75%
6M return: -9.73%
1Y return: -32.20%
20D avg volume: 68,840
50 DMA: ₹45.34
200 DMA: ₹46.50

Key ratios Standalone

Market cap: ₹1,363 Cr
Current price: ₹46.18
52W high / low: ₹72.40 / ₹37.15
Face value: ₹2.00
P/E: 20.08
P/B: 1.31
EPS (TTM): ₹2.30
Book value / share: ₹35.25
ROE: 6.54%
ROCE: 9.90%
Operating margin: 8.23%
Net margin: 1.56%
Debt / equity: 0.29
Net debt: ₹305.10 Cr
Interest cover: 2.20
Dividend yield: 0.65%
Dividend / share (TTM): ₹0.30
Payout: 13.04%
Cash conversion cycle: 10.3 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	662.86	541.91	609.06	519.81	539.21	475.50	537.91	474.18	488.74	499.52	621.69	397.77
	7.12	5.65	5.61	4.83	4.62	4.03	5.90	4.78	6.01	6.39	5.56	4.36
	669.98	547.56	614.67	524.64	543.83	479.53	543.81	478.96	494.75	505.91	627.25	402.14
	655.95	547.20	586.31	517.11	522.78	461.86	523.06	458.71	496.53	495.77	602.64	420.05
	327.26	335.39	272.96	264.14	268.70	260.13	264.19	262.83	291.45	290.22	263.48	274.76
	5.78	0.00	0.00	0.21	0.29	0.23	0.24	1.02	6.30	10.64	2.49	0.01
	45.53	41.22	52.34	40.90	43.05	45.69	31.31	42.83	41.67	45.31	37.35	35.27
	13.60	14.80	15.40	16.20	15.54	15.07	15.77	16.23	18.38	16.86	19.92	18.01
	26.95	26.26	26.42	26.34	26.05	25.02	25.24	25.29	24.84	24.55	24.44	23.67
	173.33	153.12	150.45	136.17	144.14	135.47	130.63	55.73	66.25	58.40	68.67	49.34
	14.02	0.36	28.37	7.53	21.05	17.67	20.75	20.25	-1.78	10.14	24.61	-17.92
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	-0.05	-1.11
	14.02	0.36	28.37	7.53	21.05	17.67	20.75	20.25	-1.78	10.14	24.57	-19.02
	3.66	-34.19	10.29	2.64	7.24	6.28	9.37	6.83	0.53	3.42	9.23	6.70
	10.36	34.55	18.08	4.90	13.81	11.39	11.38	13.42	-1.25	6.73	15.33	-12.32
	0.35	1.17	0.61	0.17	0.47	0.39	0.39	0.45	-0.04	0.23	0.52	-0.42
Key metrics
	54.57	41.42	70.19	50.07	62.64	57.76	61.76	61.77	41.44	51.55	68.93	22.66
	8.20%	7.60%	11.50%	9.60%	11.60%	12.10%	11.50%	13.00%	8.50%	10.30%	11.10%	5.70%
	1.60%	6.40%	3.00%	0.90%	2.60%	2.40%	2.10%	2.80%	-0.30%	1.30%	2.50%	-3.10%
	1.90%	—	3.20%	—	2.60%	—	2.50%	—	—	—	—	—
	22.90%	14.00%	13.20%	9.60%	10.30%	-4.80%	-13.50%	19.20%	—	—	—	—
	-25.00%	203.30%	58.90%	-63.50%	1,204.80%	69.20%	-25.80%	208.90%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	2,334	2,144	2,000	1,872	2,634	2,455
	23.21	19.09	23.09	18.25	15.32	6.10
	2,357	2,163	2,023	1,890	2,649	2,461
	2,307	2,088	1,974	1,863	2,422	2,331
	1,200	1,066	1,109	1,038	1,363	1,377
	5.99	0.73	18.21	2.50	32.45	26.99
	179.99	181.99	161.12	151.72	182.17	156.38
	60.00	62.21	67.24	73.51	126.11	113.07
	105.97	103.83	99.93	93.79	90.16	88.53
	613.07	566.24	557.89	221.43	268.80	213.77
	50.28	74.61	49.36	26.49	227.54	129.34
	0.00	0.00	0.00	-1.15	46.88	13.91
	50.28	74.61	49.36	25.34	274.41	143.25
	-17.60	26.44	19.08	9.68	82.43	35.74
	67.89	48.17	30.28	15.66	191.98	107.51
	2.30	1.63	1.03	0.53	6.50	4.12
Key metrics
	216.25	240.65	216.53	192.64	490.68	344.85
	9.27%	11.20%	10.80%	10.30%	18.60%	14.00%
	2.91%	2.20%	1.50%	0.80%	7.30%	4.40%
	—	9.90%	8.10%	—	—	—
	15.14%	7.20%	6.90%	-28.90%	7.30%	—
	35.78%	59.10%	93.40%	-91.80%	78.60%	—
	—	184.85	114.27	—	—	—
	—	5.77	6.30	—	—	—
	—	0.29	0.41	—	—	—
	—	305.10	414.45	—	—	—
	—	10.3	25.9	—	—	—
Balance sheet
	—	2,089	2,178	—	—	—
	—	716.72	794.14	—	—	—
	—	4.94	11.31	—	—	—
	—	142.00	98.52	—	—	—
	—	309.39	427.58	—	—	—
	—	43.25	45.18	—	—	—
	—	1,304	1,270	—	—	—
	—	390.95	384.30	—	—	—
	—	712.52	734.93	—	—	—
	—	310.04	425.76	—	—	—
	—	190.21	208.11	—	—	—
	—	119.83	217.65	—	—	—
	—	1,075	1,033	—	—	—
Cash flow
	—	277.97	190.75	—	—	—
	—	-63.30	-112.21	—	—	—
	—	-221.22	-77.96	—	—	—
	—	93.12	76.48	—	—	—

Compounded growth

Sales CAGR 3Y: -6.63%
Sales CAGR 5Y: —
Profit CAGR 3Y: -36.93%
Profit CAGR 5Y: —
Sales YoY (TTM): +15.14%
Profit YoY (TTM): +35.78%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 45.59%

Quarter	September 2026	June 2026
Promoter %	45.59%	45.59%

Holder	Type	Holding	Previous	Change
ASHISH JAIN	Promoter Group	10.97%	10.97%	0.00%
VIVEK SHASHICHAND JAIN	Promoter	7.99%	7.99%	0.00%
MUDIT JAIN	Promoter	4.14%	4.14%	0.00%
PAULOMI BAKUL JAIN	Promoter Group	3.14%	3.14%	0.00%
DURGAVATI JAIN	Promoter Group	3.06%	3.06%	0.00%
VARSHA SHARADKUMAR JAIN	Promoter Group	2.92%	2.92%	0.00%
BAKUL PREMCHAND JAIN	Promoter	2.40%	2.40%	0.00%
FOUR DIMENSIONS SECURITIES (INDIA) LTD	Public	2.28%	2.28%	0.00%
NAMITA JAIN	Promoter Group	2.27%	2.27%	0.00%
MEETA JAIN	Promoter Group	2.22%	2.22%	0.00%
ERISKA INVESTMENT FUND LTD	Public	2.21%	2.77%	-0.56%
RADHAKRISHNA RAMNARAIN PVT LTD	Public	1.95%	1.95%	0.00%
RIMA SAATVIK JAIN	Promoter Group	1.85%	1.85%	0.00%
SONALIKA JAIN	Promoter Group	1.37%	1.37%	0.00%
PP VENTURES LLP	Public	1.36%	1.36%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Supreme Petrochem Ltd. S	13,082	695.70	24.71	18.00%	+19.70% TTM	+72.26% TTM	+0.19%
Swan Corp Limited	7,673	244.80	36.84	4.10%	-20.26% TTM	+39.05% TTM	-46.21%
Rain Industries Limited	6,180	183.75	9.27	—	+17.02% TTM	+307.92% TTM	+36.21%
Bhansali Engineering Polymers Ltd.	2,747	110.40	12.38	22.40%	+14.71% TTM	+33.12% TTM	+12.80%
DCW Ltd. S	1,363	46.18	20.08	9.90%	+15.14% TTM	+35.78% TTM	-32.20%
Manali Petrochemicals Ltd.	1,254	72.92	6.97	11.80%	+19.19% TTM	+487.75% TTM	+0.19%
Tamilnadu Petroproducts Ltd	1,079	119.95	6.23	11.50%	+23.30% TTM	+60.17% TTM	-0.58%
Pasupati Acrylon Ltd. S	633	71.00	5.68	19.40%	+22.47% TTM	+183.02% TTM	+32.83%
Agarwal Industrial Corporation Limited	515	344.30	14.37	10.10%	-34.70% TTM	-54.42% TTM	-59.13%
Amtech Esters Limited	72	82.00	17.16 FY26	—	+10.25% FY26	+12.93% FY26	—
Indian Acrylics Ltd	67	4.97	-3.20	-3.20%	+3.06% TTM	+21.55% TTM	-30.97%
Polylink Polymers (india) Ltd. S	46	20.92	31.70	5.40%	-0.11% TTM	0.00% TTM	-7.19%
Nexxus Petro Industries Limited S	43	61.25	6.75	25.50%	—	—	-46.72%
Gujarat Petrosynthese Ltd. S	31	51.18	11.63	5.50%	+38.84% TTM	+21.30% TTM	-20.81%
Aadi Industries Ltd S	8	8.20	-41.00	2.60%	—	-11.11% TTM	+72.63%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

Daily report pursuant to Regulation 18(i) of the Buyback Regulations regarding the Equity Shares bought back on Wednesday, November 04, 20264 Nov 2026 · Corp Action / Daily Buy Back of equity shares
This is in relation to the captioned Buyback, the Company hereby submits the daily report pursuant to Regulation 18(i) of the Buyback Regulations regarding the Equity Shares bought back ....3 Nov 2026 · Corp Action / Daily Buy Back of equity shares
We wish to inform you that as per the requirements of Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018, as amended, the Company has sent the intimation ....2 Nov 2026 · Company Update / General
DCW Limited has informed the exchange about intimation of commencement of Buyback from November 03, 2026.2 Nov 2026 · Company Update / General
Newspaper Publication pertaining to the Public Announcement of Buy-Back31 Oct 2026 · Company Update / Newspaper Publication
Submission of Public Announcement dated October 31, 2026, for the buyback of fully paid-up equity shares of Rs. 2/- each of DCW Limited ('Company') from Open Market through stock exchange ....31 Oct 2026 · Company Update / Public Announcement-Buyback of Shares
The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vivek Jain & Others31 Oct 2026 · Insider Trading / SAST / Disclosures under Reg. 10(6) of SEBI (SAST) Regulations, 2011
Outcome of Conference call with Analyst(s)/Investor(s) dated October 30, 202630 Oct 2026 · Company Update / Analyst / Investor Meet
Newspaper Publication of Financial Results of the quarter ended September 202630 Oct 2026 · Company Update / Newspaper Publication
Investor Presentation for Quarter Ended September 30, 202629 Oct 2026 · Company Update / Investor Presentation
Buy-Back of Equity Shares29 Oct 2026 · Company Update / Buy back
Outcome of Board Meeting for unaudited financial results of the Company for the quarter and half year ended September 30, 2026 and Buyback of Equity Shares29 Oct 2026 · Result / Financial Results
In terms of Regulation 30 of the Listing Regulations, we wish to inform you that the Board of Directors (the 'Board') of Company at its meeting held on October 29, 2026, have, considered ....29 Oct 2026 · Board Meeting / Outcome of Board Meeting
Intimation of proposed schedule of Earnings Conference call for Investor(s)/ Analyst(s) under Regulation 30 of Securities and Exchange Board of India (Listing Obligation and Disclosure ....26 Oct 2026 · Company Update / Analyst / Investor Meet
DCW Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/10/2026 ,inter alia, to consider and approve Pursuant to the provisions of Regulation ....26 Oct 2026 · Board Meeting / Board Meeting
The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....16 Oct 2026 · Insider Trading / SAST / Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Reg. 2011
Certificate under Reg. 74(5) of SEBI (DP) Regulations, 20188 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of trading window29 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Scrutinuser''s Report on voting through remote e-voting and e-voting at 87th Annual General Meeting29 Sep 2026 · AGM/EGM / AGM
Summary of proceedings of the 87th Annual General Meeting26 Sep 2026 · AGM/EGM / AGM
Newspaper Publication - Re-lodgment of transfer requests of physical shares23 Sep 2026 · Company Update / Newspaper Publication
Newspaper Advertisements regarding 87th AGM of the Company6 Sep 2026 · Company Update / Newspaper Publication
Notice of Eighty Seventh (87th) Annual General Meeting along with Annual Report for the Financial Year 2025-264 Sep 2026 · Others / Reg. 34 (1) Annual Report
Pursuant to Regulation 36(1)(b) of the SEBI Listing Regulations, the Company has sent letters to the shareholders providing weblink of the Annual Report 2025-264 Sep 2026 · Company Update / General
Business Responsibility and Sustainability Reporting for the Financial Year 2025-264 Sep 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Notice of Eighty Seventh (87th) Annual General Meeting4 Sep 2026 · AGM/EGM / AGM
Intimation of Record Date4 Sep 2026 · Corp. Action / Record Date
Intimation of Record Date and Book Closure for the purpose of 87th Annual General Meeting and payment of Dividend4 Sep 2026 · Corp. Action / Book Closure
Communication Regarding Our New Corporate Identity3 Sep 2026 · Company Update / General
Intimation of Regulation 30 of the SEBI (LODR) Regulations, 20152 Sep 2026 · Company Update / General
Newspaper Publication regarding Annual General Meeting of the Company schedule on September 26, 20262 Sep 2026 · Company Update / Newspaper Publication
Communication to Shareholders - Intimation on TDS on Final Dividend for F.Y. 2025-261 Sep 2026 · Company Update / General
Letter Sent To Shareholders for Updation of KYC Details31 Aug 2026 · Company Update / General
Completion of Restoration activity and functioning of Operation at the Dhrangadhra Plant of the Company21 Aug 2026 · Company Update / General
Submission of earnings call transcript of the earnings call dated 14-08-202620 Aug 2026 · Company Update / Earnings Call Transcript
Recognition of the Company as a Three Star Export House by the Ministry of Commerce & Industry17 Aug 2026 · Company Update / General
Restoration of Normalcy and Resumption of Operation at the Dhrangadhra plant of the Company14 Aug 2026 · Company Update / General
Outcome of Conference call with Analyst(s)/Investor(s) dated August 14, 202614 Aug 2026 · Company Update / Analyst / Investor Meet
Newspaper publication of Financial Results of the quarter ended June 30, 202614 Aug 2026 · Company Update / Newspaper Publication
Investor Presentation for Quarter ended June 30, 202613 Aug 2026 · Company Update / Investor Presentation

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 0.2000	18 Sep 2026	19 Sep 2026	—
Interim Dividend - Rs. - 0.1000	20 Feb 2026	20 Feb 2026	—
Final Dividend - Rs. - 0.1000	22 Sep 2025	22 Sep 2025	—

Board meetings

29 Oct 2026 Board Meeting - Financial Results
13 Aug 2026 Board Meeting - Financial Results