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DIC India Limited

DIC India Limited

NSE: DICIND
Specialty ChemicalsBasic MaterialsSMALL CAPMCap ₹549.7 Cr
₹598.90₹8.60 (+1.46%)

Market Closed • NSE

Market cap₹549.7 Cr
Enterprise value₹529.9 Cr
P/E TTM19.00
Forward P/E14.00
P/B1.24
EPS TTM₹31.52
Forward EPS₹42.77
ROCE15.20%
D/E0.74
Dividend yield0.01%
Face value₹10.00
52W high₹675.00
52W low₹450.50
Price chart(1Y)
1Y Return:+22.20% (+₹108.80)
H: ₹675L: ₹485
1W+3.00%
1M-4.70%
3M+17.84%
6M+11.49%
1Y+14.35%
Today at a glance

Day range

₹584.95₹609.80

52 week range

₹450.50₹675.00
Volume1.7K0.47x 20D avg
Free float50.00%-53.20% volume

DIC India Limited closed at INR598.90 (+1.46%) on volume 0.47x its 20-day average, trading 11.27% below its 52-week high.

Technical analysis
RSI (14)47.9Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹27.61High
SMA 20₹619.76BEARISH
SMA 50₹597.26BULLISH
SMA 100₹553.86BULLISH
SMA 200₹536.70BULLISH
CPR bottom₹595.50
Pivot₹593.77
CPR top₹592.03
What changed recently?

2026-Q1

Q1 FY2026 Financial Results

PAT moved -7% QoQ

2026-03-16

DIVIDEND Announced

Dividend - Rs 3 Per Share

2025-03-18

DIVIDEND Announced

Dividend - Rs 4 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹4.1 Cr₹549.7 Cr0.74%≤ 33%PASS
Non-halal income ratio₹1.3 Cr₹888.4 Cr0.14%≤ 5%PASS
Illiquid assets ratio₹565.8 Cr₹630.4 Cr89.76%≥ 20%PASS
Receivables ratio–₹630.4 Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E19.0021.90
Forward P/E14.00—
P/B1.242.20
EV/EBITDA—18.00
PEG—1.00
Earnings yield5.304.60
Growth & profitability
RevenuePAT
FY07PAT margin 3.20%
FY08PAT margin 3.50%
FY09PAT margin 4.40%
FY23PAT margin -2.70%
FY24PAT margin 2.20%
FY25PAT margin 2.00%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+20.90%
Revenue CAGR 5Y+14.90%
PAT CAGR 3Y-7.60%
PAT CAGR 5Y+4.40%
Operating margin6.84%
Net margin2.94%
Financial health & cash flow
Net debt–Moderate
Interest coverage17.60xEBIT / interest
CFO / PAT1.60x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹42.8 Cr
Capital expenditure–
Free cash flow₹31.4 Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall73/100
Valuation60/100
Profitability80/100
Financial health80/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Strong Capital Efficiency: ROCE stands at 15.2%

High Cash Flow Conversion: CFO/PAT averaged 1.6x over last 3 years

Attractive Valuation: P/E of 19.0x trades below sector historical averages

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Specialty Chemicals.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

80%53%27%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
0.00%Institutional holding
28.25%Public holding
5Periods available
0.00%Promoter pledged
6.34KShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
16 Mar 2026Dividend₹3.00 / share—16 Mar 2026
18 Mar 2025Dividend₹4.00 / share—18 Mar 2025
—Annual General MeetingAnnual General Meeting—15 Mar 2024
—Dividend₹2.00 / share—15 Mar 2023
15 Mar 2022Dividend₹3.00 / share—14 Mar 2022
12 Mar 2021Dividend₹6.00 / share—10 Mar 2021
05 Jun 2020Dividend₹4.50 / share—04 Jun 2020
—Annual General MeetingAnnual General Meeting—12 Mar 2019
—Annual General MeetingAnnual General Meeting—13 Mar 2018
—Dividend₹4.00 / share—14 Mar 2017
—Dividend₹4.00 / share—12 Apr 2016
—Annual General MeetingAnnual General Meeting—13 Mar 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)67.51%+20.13% latest vs average
Highest delivery88.32%on 14 Oct
Average volume (20D)3.5KTrading-session average
Conviction trendStrengthening+20.13% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
UltraTech Cement Limited
UltraTech Cement LimitedULTRACEMCO
Open analysis
₹3.21L37.592.21%₹25,799.47₹2,982.76+11.86%+20.17%
JSW Steel Limited
JSW Steel LimitedJSWSTEEL
Open analysis
₹2.97L12.050.59%₹47,364.00₹4,651.00+11.55%+112.96%
Hindustan Zinc Limited
Hindustan Zinc LimitedHINDZINC
Open analysis
₹2.28L13.372.07%₹13,687.00₹5,425.00+77.22%+146.14%
Asian Paints Limited
Asian Paints LimitedASIANPAINT
Open analysis
₹2.24L46.941.17%₹10,541.94₹1,539.25+17.94%+39.96%
Tata Steel Limited
Tata Steel LimitedTATASTEEL
Open analysis
₹2.19L19.832.27%₹60,794.00₹2,385.00+14.32%+18.83%
Hindalco Industries Limited
Hindalco Industries LimitedHINDALCO
Open analysis
₹2.02L12.320.56%₹84,825.00₹7,013.00+32.06%+75.15%
Grasim Industries Limited
Grasim Industries LimitedGRASIM
Open analysis
₹1.98L34.820.35%₹11,794.71₹246.65-70.60%-82.61%
Solar Industries India Limited
Solar Industries India LimitedSOLARINDS
Open analysis
₹1.81L90.930.06%₹3,668.00₹666.00+70.29%+88.67%
About DIC India Limited
DIC India Limited

Incorporated in 1947, DIC India Ltd is in the business of manufacturing Printing Inks, and also provides Lamination Adhesive[1]

IndiaBasic Materials

Questions investors ask
Is DIC India Limited Shariah compliant?

DIC India Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (0.74%) complies with AAOIFI threshold (≤ 33%).

What is DIC India Limited's current valuation relative to peers?

DIC India Limited trades at a P/E of 19.0x compared to the sector median of 21.9x, and a Price-to-Book of 1.2x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.74x. Interest coverage is 17.6x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 14.9% while net profit growth averaged 4.4%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.