DIC India Ltd

BSE: DICIND500089ISIN INE303A01010

Commodities
Printing Inks

Share price

₹486.45-79.40 (-14.03%)

as of 4 Nov 2026

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

52W high: ₹670.00
52W low: ₹452.00
Off 52W high: -27.40%
1M return: -18.04%
3M return: -4.24%
6M return: -9.21%
1Y return: -6.09%
20D avg volume: 198
50 DMA: ₹594.17
200 DMA: ₹539.12

Key ratios Standalone

Market cap: ₹446.51 Cr
Current price: ₹486.45
52W high / low: ₹670.00 / ₹452.00
Face value: ₹10.00
P/E: 17.83
P/B: 1.08
EPS (TTM): ₹27.29
Book value / share: ₹450.42
ROE: 6.03%
ROCE: —
Operating margin: 2.90%
Net margin: 0.73%
Debt / equity: —
Net debt: —
Interest cover: 17.65
Dividend yield: 0.62%
Dividend / share (TTM): ₹3.00
Payout: 10.99%
Cash conversion cycle: —

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
	274.02	283.95	240.52	231.93	223.17	226.48	210.21	219.22	221.01	242.70	198.60	205.13
	1.47	1.66	2.00	2.14	1.19	1.32	1.43	4.70	1.54	1.93	1.40	2.48
	275.48	285.62	242.52	234.07	224.36	227.80	211.64	223.92	222.55	244.63	200.00	207.60
	272.63	266.45	236.74	225.50	216.43	221.81	208.12	215.29	218.83	236.28	195.57	209.82
	220.14	206.07	164.77	139.17	168.84	142.08	144.45	134.81	153.37	159.77	148.52	129.82
	0.21	22.80	20.55	14.96	14.89	17.74	20.69	8.22	26.65	20.83	16.76	9.44
	18.11	20.23	19.60	18.41	18.81	19.47	18.41	15.38	18.76	19.07	16.58	16.70
	0.48	0.37	0.34	0.47	0.33	0.29	0.33	0.74	0.34	0.32	0.36	0.54
	4.61	4.57	4.54	4.93	4.67	4.40	4.37	4.74	4.76	4.86	4.73	4.60
	33.72	35.88	32.05	31.15	30.25	28.84	29.87	21.11	—	—	—	30.36
	2.85	19.17	5.79	8.56	7.93	5.99	3.52	8.63	3.73	8.36	4.44	-2.22
	0.00	0.00	0.00	-2.37	0.00	0.00	0.00	0.69	—	—	0.05	-5.97
	2.85	19.17	5.79	6.20	7.93	5.99	3.52	9.32	3.73	8.36	4.49	-8.19
	0.86	4.90	1.55	1.64	2.06	1.63	0.93	2.17	1.74	2.15	0.29	1.01
	1.99	14.27	4.24	4.56	5.87	4.36	2.59	7.15	1.98	6.21	4.20	-7.18
	2.17	15.54	4.62	4.96	6.40	4.75	2.82	7.79	2.16	6.76	4.57	-7.83
Key metrics
	7.94	24.11	10.67	11.60	12.93	10.68	8.22	14.80	8.83	13.54	9.58	-3.05
	2.90%	8.50%	4.40%	5.00%	5.80%	4.70%	3.90%	6.80%	4.00%	5.60%	4.80%	-1.50%
	0.70%	5.00%	1.80%	2.00%	2.60%	1.90%	1.20%	3.30%	0.90%	2.60%	2.10%	-3.50%
	—	4.30%	—	1.50%	—	1.50%	—	—	—	—	—	—
	22.80%	25.40%	14.40%	5.80%	1.00%	-6.70%	5.80%	6.90%	—	—	—	—
	-66.10%	227.30%	63.70%	-36.20%	196.50%	-29.80%	-38.30%	199.60%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	1,030	891.79	881.53	828.85	871.99	744.83
	7.27	6.08	9.58	8.19	7.96	9.53
	1,038	897.86	891.11	837.04	879.95	754.36
	1,001	871.85	865.96	841.50	868.64	737.59
	730.15	594.53	596.47	577.70	605.61	524.10
	58.52	68.27	72.45	48.73	63.18	38.07
	76.35	75.10	69.79	76.50	75.87	78.20
	1.66	1.42	1.76	4.15	3.69	1.37
	18.65	18.37	19.09	18.21	13.43	14.30
	132.80	120.12	86.29	—	97.16	94.79
	36.37	26.01	25.15	-4.46	11.31	16.76
	-2.37	-2.37	0.74	-23.79	33.00	—
	34.01	23.65	25.90	-28.25	44.31	16.76
	8.95	6.27	6.36	5.57	3.33	4.37
	25.06	17.38	19.54	-22.68	40.98	12.39
	27.29	18.93	21.29	-24.70	44.65	13.50
Key metrics
	54.32	43.44	46.75	-5.89	61.43	32.43
	5.27%	4.90%	5.30%	-0.70%	7.00%	4.40%
	2.43%	1.90%	2.20%	-2.70%	4.70%	1.70%
	17.22%	1.20%	6.40%	-4.90%	17.10%	—
	25.49%	-11.10%	186.20%	-155.30%	230.80%	—
	—	31.42	—	—	—	—
	—	2.46	—	—	—	—
Cash flow
	—	42.78	—	—	—	—
	—	-9.97	—	—	—	—
	—	-7.39	—	—	—	—
	—	11.36	—	—	—	—

Compounded growth

Sales CAGR 3Y: +0.75%
Sales CAGR 5Y: —
Profit CAGR 3Y: -24.87%
Profit CAGR 5Y: —
Sales YoY (TTM): +17.22%
Profit YoY (TTM): +25.49%

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: 71.75%

Quarter	September 2026	June 2026
Promoter %	71.75%	71.75%

Holder	Type	Holding	Previous	Change
Dic Asia Pacific Pte Ltd	Promoter	71.75%	71.75%	0.00%
Hitesh Ramji Javeri	Public	4.71%	4.60%	+0.11%
Harsha Hitesh Javeri	Public	3.06%	3.06%	0.00%
PT Pardic Jaya Chemicals	Promoter Group	0.00%	0.00%	0.00%
DIC Corporation, Japan	Promoter Group	0.00%	0.00%	0.00%
DIC New Zealand Ltd	Promoter Group	0.00%	0.00%	0.00%
DIC Lanka (Private) Limited	Promoter Group	0.00%	0.00%	0.00%
DIC Australia Pty Ltd	Promoter Group	0.00%	0.00%	0.00%
PT DIC Graphics	Promoter Group	0.00%	0.00%	0.00%
DIC Pakistan Limited	Promoter Group	0.00%	0.00%	0.00%
DIC Philippines Inc	Promoter Group	0.00%	0.00%	0.00%
DIC (Malaysia) Sdn Bhd	Promoter Group	0.00%	0.00%	0.00%
DIC Trading (HK) Ltd	Promoter Group	0.00%	0.00%	0.00%
DIC Bangladesh Private Limited	Promoter Group	0.00%	0.00%	0.00%
DIC Alkylphenol Singapore Pte Ltd	Promoter Group	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Filings & corporate actions

Recent announcements

Resignation of Independent Directors of the Company namely Mr. Prabal Sarkar and Ms. Pritha Dutt3 Nov 2026 · Company Update / Resignation of Director
Announcement under Regulation 30 regarding appointment of Independent Directors3 Nov 2026 · Company Update / Change in Management
Financial results for the quarter ended on September 30, 20263 Nov 2026 · Result / Financial Results
Outcome of Board Meeting held on 03 November 20263 Nov 2026 · Board Meeting / Outcome of Board Meeting
Reduction in demand in GST proceedings pursuant to the order passed by Sr. Joint Commissioner of Revenue following the appeal filed by the Company.31 Oct 2026 · Company Update / General
Pursuant to an application filed by Income Tax Department, the ITAT vide order dated 17th September 2026 (received by the Company on 28th October 2026), recalled and rectified its order ....29 Oct 2026 · Company Update / General
DIC India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/11/2026 ,inter alia, to consider and approve ,inter alia, Unaudited Financial ....27 Oct 2026 · Board Meeting / Board Meeting
Please find enclosed disclosure for receipt of order under section 92CA (3) r.w.s 144(5) of the Income Tax Act, 1961 pursuant to the DRP directions.24 Oct 2026 · Company Update / General
Please find enclosed disclosure15 Oct 2026 · Company Update / General
Intimation under Regulation 30 of SEBI LODR Regulations, 2015 for Reaffirmation of Credit Ratings by CRISIL Ratings.15 Oct 2026 · Company Update / Credit Rating
Find enclosed certificate under Regulation 74(5) of SEBI(Depositories and Participants) Regulations, 20187 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
We hereby enclose copy of newspaper advertisement for outcome of postal ballot and opening of special window for relodgement of transfer requests of physical shares.2 Oct 2026 · Company Update / Newspaper Publication
In furtherance to the disclosure filed on March 03, 2026, please be informed that the Company has received Directions from Dispute Resolution Panel2 Oct 2026 · Company Update / General
Regulation 30 Disclosure for below mentioned items passed through postal ballot: 1. Appointment of Mr. Hayato Kashiwagi as Managing Director 2. Appointment of Mr. Praveen Kumar Asthana ....30 Sep 2026 · Company Update / Change in Management
Scruitinizer''s Report along with Voting Results for the postal ballot concluded on 30th September, 202630 Sep 2026 · AGM/EGM / Postal Ballot
Summary of proceedings of Postal Ballot concluded on 30th September, 2026.30 Sep 2026 · AGM/EGM / Postal Ballot
Intimation of closure of trading window for the quarter ended September 30, 202625 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Please find enclosed copies of newspaper advertisements published regarding dispatch of notice of postal ballot and opening of special window for for relodgement of transfer requests of ....1 Sep 2026 · Company Update / Newspaper Publication
In furtherance to the disclosure dated July 15, 2026 regarding the appointment of Mr. Hayato Kashiwagi as Managing Director, please be noted that Mr. Hayato Kashiwagi has commenced his ....1 Sep 2026 · Company Update / General
Pursuant to Regulation 30 of SEBI (LODR) Regulations, we enclose herewith a copy of Postal Ballot Notice seeking approval of members of the Company in respect of following resolutions: 1. ....31 Aug 2026 · AGM/EGM / Postal Ballot
In continuation with the disclosure dated June 02, 2026, please be noted that Mr. Manish Bhatia has ceased to hold the office as Director, MD & CEO.29 Aug 2026 · Company Update / Resignation of Chief Executive Officer (CEO)
In continuation with the disclosure dated June 02, 2026 where DIC India Limited had informed about the resignation received from Mr. Manish Bhatia from the post of Managing Director, please ....29 Aug 2026 · Company Update / Resignation of Managing Director
In continuation to the disclosure dated June 02, 2026 wherein DIC India Limited had informed about the resignation tendered from the position of Director, CEO & MD with effect from close ....29 Aug 2026 · Company Update / Resignation of Director
Please find enclosed newspaper advertisement published in Business Standard and Aajkal regarding regarding publication of financial results for the quarter and half year ended on June 30, ....14 Aug 2026 · Company Update / Newspaper Publication
The Board of DIC India Limited in its meeting held on August 12, 2026 inter alia considered and approved the following: 1. Unaudited Financial Results for the quarter and half year ended ....12 Aug 2026 · Result / Financial Results
The Board in its meeting held on August 12, 2026 inter alia considered and approved the below businesses: 1. The unaudited financial results for the quarter and half year ended June ....12 Aug 2026 · Board Meeting / Outcome of Board Meeting
DIC India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2026 ,inter alia, to consider and approve the unaudited financial results for ....5 Aug 2026 · Board Meeting / Board Meeting
The Board in its meeting held today had approved the following: 1. To designate Mr. Hayato Kashiwagi as Managing Director of the Company in the category of Executive Director. 2. Appointment ....15 Jul 2026 · Company Update / Change in Management
Pursuant to Regulation 30, please be informed that the Board of Directors in its meeting held today had considered and approved the following: 1. To designate Mr. Hayato Kashiwagi as Managing ....15 Jul 2026 · Others / Outcome without intimation
Please be informed that pursuant to the appeal preferred by the Company, Additional Commissioner (Appeal), Noida has passed an order in favour of the Company setting aside the demand order ....14 Jul 2026 · Company Update / General
Pursuant to Regulation 74(5) of SEBI (Depository and Participant) Regulations, 2018, please find enclosed certificate received from the registrar and share transfer agent of the Company ....8 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Please be informed that Ms. Manjusha Singh has been appointed as the deputy CEO of the company w.e.f. 4th July, 2026.4 Jul 2026 · Company Update / Change in Management
This is to inform that Mr. Ashutosh Bishnoi, Head- Legal, Senior Managerial Personnel ceases to hold the office with effect from close of business hours of June 30, 2026 pursuant to resignation ....30 Jun 2026 · Company Update / Change in Management
Intimation of closure of trading window for quarter and half year ended 30th June, 202625 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Filing of claim against Attharv Sai FlexiPack Private Limited with Interim Resolution Professional.18 Jun 2026 · Company Update / General
Please find enclosed copies of newspaper advertisement published in Business Standard and Aajkal (Regional Language) regarding opening of special window for physical shareholders to submit ....11 Jun 2026 · Company Update / Newspaper Publication
Pursuant to Regulation 30 read with Para A (7C) of part A of Schedule III of SEBI LODR Regulations, 2015, please find enclosed disclosure for resignation of MD & CEO.2 Jun 2026 · Company Update / Resignation of Managing Director
Pursuant to Regulation 30 read with Para A of Part A of SEBI (LODR), please find enclosed outcome of Board Meeting held on June 02 ,2026 to consider the resignation tendered by MD & CEO.2 Jun 2026 · Others / Outcome without intimation
Please find enclosed copies of newspaper advertisement published in Business Standards and Aajkal on May 15, 2026 regarding publication of financial results of the Company for the quarter ....15 May 2026 · Company Update / Newspaper Publication
Due to amalgamation of CB Management Services Private Limited with MUFG Intime India Private Limited with effect from 8th May, 2026 basis the order of Regional Director, MUFG Intime India ....14 May 2026 · Company Update / Allotment of Warrants

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 3.0000	16 Mar 2026	16 Mar 2026	—
Final Dividend - Rs. - 4.0000	18 Mar 2025	18 Mar 2025	—

Board meetings

3 Nov 2026 Board Meeting - Financial Results
12 Aug 2026 Board Meeting - Financial Results