DCW (DCW) share price, P/E, ROE & financials

On 6 Nov 2026, DCW was priced at ₹47.53, or 20.7× trailing earnings, against an industry P/E of 18.2×, and the shares are 34% below their 52-week high. It earns ROCE of 9.4% and ROE of 6.2%, and sales and net profit fell 6.8% and 37% a year over 3 years. Its dividend yield is 0.6%, and debt is 0.30× equity. It is a small-cap company with a market cap of ₹1,403 Cr, ranked 19th of 76 Chemicals companies by market cap; the shares fell 31% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year

Open: ₹46.01
Day high: ₹48.30
Day low: ₹45.72
Prev. close: ₹46.64
Volume: 17.6 L

Health check

2 fair · 4 to check

ReturnsBehind
−31.2% over a year, better than 1 of 7 peers.
Price tagIn line
P/E 20.7 vs industry 18.2.
GrowthShrinking
Sales −6.8%, profit −36.9% a year over 3 years.
ProfitabilityWeak
ROCE 9.4% vs peer median 10.6%.
Balance sheetFair
Debt 0.30× equity, interest covered 2.4×, Piotroski 7 of 9.
Red flags3 to check
Return on equity is low at 6.2%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Chemicals

75 listed peers. Screen the industry

Small cap

₹1,403 Cr, #19 of 76 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Sep 2026: sales ₹2,334 Cr · profit ₹68 Cr

Market cap: ₹1,403 Cr; Small cap
P/E: 20.7; Industry 18.2
Price to book: 1.26; Peers 2.62
Dividend yield: 0.63%
ROE: 6.2%; Peers 11.7%
ROCE: 9.4%; Peers 10.6%
Debt to equity: 0.30; Debt ₹336 Cr
EPS (TTM): ₹2.30; Face value ₹2
OPM (TTM): 8.3%; Net margin 2.9%
Sales growth: +22.9%; Latest quarter vs a year ago
Profit growth: −25.0%; Latest quarter vs a year ago
Price to sales: 0.60; EV/EBITDA 7.2

Strengths

Quarterly sales up 22.9% on a year ago.
Positive operating cash flow in each of the last 4 years.

Risks to check

Return on equity is low at 6.2%.
Quarterly profit down 25.0% on a year ago.
34% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About DCW

DCW Limited engages in the manufacture and sale of heavy chemical products in India. The company offers specialty chemicals, including chlorinated poly vinyl chloride, synthetic iron oxide pigment, and synthetic rutile; intermediate chemicals comprising sodium bicarbonate, hydrochloric acid, liquid chlorine, trichloroethylene, perchloroethylene, ferric chloride, sodium hypochlorite, and ammonium bicarbonate; and commodity chemicals, such as soda ash,…

Headquarters: Mumbai
Employees: 1,536
Sector: Basic Materials
ISIN: INE500A01029
Website: dcwltd.com

Price range

52 weeks

₹37.11₹72.30

Today

₹45.72₹48.30

Avg volume (3M): 14.8 L
1-year return: minus 31.2%
From 52-week high: minus 34.3%

Peers · Chemicals

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
NAVINFLUORNavin Fluorine International	9,010.00	plus 1.87%	46,250	50.8	42.7	18.7%	34.3%	0.28	16.5%	plus 46.1%
DEEPAKNTRDeepak Nitrite	1,533.60	minus 0.67%	20,917	19.7	22.3	10.8%	18.0%	0.27	−0.5%	minus 11.9%
TATACHEMTata Chemicals	607.45	minus 1.36%	15,475	–	12.4	−3.0%	12.2%	0.36	−4.8%	minus 31.0%
DEEPAKFERTDeepak Fertilisers & Petrochemicals Corp.	1,155.30	minus 0.69%	14,599	14.8	11.5	11.2%	17.6%	0.76	2.6%	minus 22.7%
RPELRaghav Productivity Enhancers	1,780.80	plus 0.95%	8,178	116.0	107.1	–	29.9%	0.02	23.5%	plus 95.4%
GNFCGujarat Narmada Valley Fertilizers and Chemicals	451.80	minus 1.87%	6,639	6.3	5.4	10.4%	14.8%	0.01	−8.8%	minus 7.2%
ACIArchean Chemical Industries	416.40	minus 1.95%	5,141	51.3	23.2	7.7%	20.0%	0.28	−9.2%	minus 34.6%
DCWDCW	47.53	plus 1.91%	1,403	20.7	6.3	9.4%	9.2%	0.30	−6.8%	minus 31.2%
Median of 7 peers	–	−0.69%	14,599	35.2	22.3	10.6%	18.0%	0.28	−0.5%	−11.9%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Sep 25	Dec 25	Mar 26	Jun 26	Sep 26
539	520	609	542	663
481	475	544	506	615
58	45.2	64.6	35.8	47.5
10.8%	8.7%	10.6%	6.6%	7.2%
4.6	4.8	5.6	5.7	7.1
15.5	16.2	15.4	14.8	13.6
26.1	26.3	26.4	26.3	27
21.1	7.5	28.4	0.4	14
34.4%	35.0%	36.3%	−9579.5%	26.1%
13.8	4.9	18.1	34.5	10.4
0.47	0.17	0.61	1.17	0.35

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: −6.8%
Profit CAGR 3Y: −36.9%
EPS CAGR 3Y: −36.9%
ROE: 6.2%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
2,627	1,861	1,985	2,123
–	minus 29.1%	+6.6%	+7.0%
2,183	1,682	1,785	1,889
443	179	199	234
16.9%	9.6%	10.0%	11.0%
−6.6	5.8	3.5	1.7
120	64.2	59.6	55
90.2	93.8	99.9	104
47.6	−1.3	5.9	−2.5
274	25.3	49.2	74.6
30.0%	38.2%	38.8%	35.4%
192	15.7	30.1	48.2
–	minus 91.8%	+92.0%	+60.2%
6.50	0.53	1.02	1.63

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
59	59	59	59
966	973	974	1,016
508	439	427	290
530	618	718	724
2,063	2,089	2,178	2,089
1,362	1,355	1,336	1,334
66.3	43.1	65.9	30.3
0	19.6	19.6	19.6
168	170	236	221
466	502	520	485
2,063	2,089	2,178	2,089

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
226	252	191	278
−165	−98.6	−112	−63.3
−139	−153	−77.7	−221
−77.8	0.8	0.7	−6.5
−86.2	−93.6	−76.5	−93.1
140	158	114	185
−17.6	−8.9	–	−5.9

Shareholding pattern

Source: NSE filings

45.6%

promoters

Promoters45.59%
Public54.41%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	45.59%	54.41%	0.00
30 Jun 2026	45.59%	54.41%	plus 0.15
31 Mar 2026	45.44%	54.56%	plus 0.16
19 Feb 2026	45.28%	54.72%	plus 0.14
31 Dec 2025	45.14%	54.86%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you