DIC India Ltd.
•₹ 593.90.73%
2026-08-21
PROS
- Company is almost debt free
- Latest quarter profit grew 227.2% YoY, showing strong momentum
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 4.52x)
- Company generates healthy free cash flow
CONS
- Company has a low return on capital employed of 2.3%
- Company has a low return on equity of 1.1% over last 3 years
- A large part of profit comes from other income (25.7% of PBT)
- Recurring exceptional / one-off items are inflating headline profit
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | SOLARINDS | 19800.00 | 89.97 | 179170.31 | 0.06 | 666.37 | 88.98 | 3668.20 | 70.26 | 38.16 | 27.91 |
| 2. | PIDILITIND | 1650.00 | 63.40 | 167935.41 | 1.30 | 8835.10 | 1202.86 | 45515.50 | 1112.74 | 32.38 | 26.28 |
| 3. | SRF | 2575.00 | 35.31 | 76329.39 | 0.35 | 758.87 | 75.53 | 5033.26 | 34.63 | 14.21 | 24.57 |
| 4. | FLUOROCHEM | 4679.55 | 83.59 | 51404.86 | 0.06 | 219.00 | 19.02 | 1588.00 | 23.97 | 10.02 | 26.83 |
| 5. | NAVINFLUOR | 8281.50 | 53.80 | 42484.11 | 0.18 | 243.31 | 107.67 | 1045.08 | 44.07 | 21.39 | 34.17 |
| 6. | GODREJIND | 1217.10 | 34.87 | 40998.14 | 0.00 | 523.36 | -27.85 | 5448.09 | 22.16 | 10.64 | 12.82 |
| 7. | DEEPAKNTR | 1767.85 | 30.78 | 24112.24 | 0.42 | 345.01 | 207.36 | 2577.60 | 36.39 | 11.58 | 20.96 |
| 8. | AETHER | 1639.40 | 92.52 | 21759.40 | 0.00 | 62.75 | 33.45 | 326.56 | 27.49 | 11.65 | 31.47 |
| 9. | ATUL | 6581.75 | 24.36 | 19377.83 | 0.46 | 253.93 | 91.85 | 1847.95 | 25.03 | 15.05 | 21.41 |
| 10. | AARTIIND | 526.90 | 35.99 | 19112.07 | 0.19 | 155.00 | 260.47 | 2387.00 | 42.42 | 6.39 | 16.00 |
| 11. | DEEPAKFERT | 1474.65 | 18.98 | 18678.34 | 0.68 | 490.04 | 100.95 | 3256.26 | 22.47 | 12.12 | 25.96 |
| 12. | DICIND | 578.00 | 24.04 | 530.54 | 0.52 | 14.27 | 227.25 | 283.96 | 25.76 | 5.94 | 7.90 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 207 | 216 | 204 | 197 | 242 | 220 | 218 | 209 | 226 | 222 | 231 | 240 | 284 | |
| 206 | 212 | 205 | 190 | 231 | 214 | 210 | 203 | 217 | 211 | 220 | 232 | 266 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 1 | 1 | 2 | 1 | 2 | 2 | 5 | 1 | 1 | 1 | 2 | 2 | 2 |
| Interest | 1 | 1 | 1 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 5 | 5 | 5 | 5 |
| -3 | -18 | -8 | 4 | 8 | 4 | 9 | 4 | 6 | 8 | 6 | 6 | 19 | |
| Tax % | 18.21% | 24.01% | 12.33% | 6.46% | 25.72% | 46.65% | 23.28% | 26.42% | 27.21% | 25.98% | 26.45% | 26.82% | 25.58% |
| Net Profit | -3 | -14 | -7 | 4 | 6 | 2 | 7 | 3 | 4 | 6 | 5 | 4 | 14 |
| -3 | -15 | -8 | 5 | 7 | 2 | 8 | 3 | 5 | 6 | 5 | 5 | 2 | |
| Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 207
- 206
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 1
- Depreciation
- 5
- -3
- Tax %
- 18.21%
- Net Profit
- -3
- -3
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 216
- 212
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 1
- Depreciation
- 5
- -18
- Tax %
- 24.01%
- Net Profit
- -14
- -15
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 204
- 205
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 1
- Depreciation
- 5
- -8
- Tax %
- 12.33%
- Net Profit
- -7
- -8
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 197
- 190
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 5
- 4
- Tax %
- 6.46%
- Net Profit
- 4
- 5
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 242
- 231
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 5
- 8
- Tax %
- 25.72%
- Net Profit
- 6
- 7
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 220
- 214
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 5
- 4
- Tax %
- 46.65%
- Net Profit
- 2
- 2
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 218
- 210
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 1
- Depreciation
- 5
- 9
- Tax %
- 23.28%
- Net Profit
- 7
- 8
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 209
- 203
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 4
- 4
- Tax %
- 26.42%
- Net Profit
- 3
- 3
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 226
- 217
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 4
- 6
- Tax %
- 27.21%
- Net Profit
- 4
- 5
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 222
- 211
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 5
- 8
- Tax %
- 25.98%
- Net Profit
- 6
- 6
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 231
- 220
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 5
- 6
- Tax %
- 26.45%
- Net Profit
- 5
- 5
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 240
- 232
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 5
- 6
- Tax %
- 26.82%
- Net Profit
- 4
- 5
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 284
- 266
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 5
- 19
- Tax %
- 25.58%
- Net Profit
- 14
- 2
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Dec 2023 | Dec 2024 | Dec 2025 | TTM | |
|---|---|---|---|---|
| 829 | 882 | 892 | 977 | |
| 819 | 845 | 852 | 930 | |
| Operating Profit | 18 | 46 | 46 | — |
| OPM % | 2 | 5 | 5 | — |
| Other Income | 8 | 10 | 6 | 7 |
| Interest | 4 | 2 | 1 | 2 |
| Depreciation | 18 | 19 | 18 | 19 |
| -28 | 26 | 24 | 39 | |
| Tax % | 20 | 25 | 27 | 26 |
| Net Profit | -23 | 20 | 17 | 29 |
| EPS | -25 | 21 | 19 | — |
| Dividend Payout % | 0 | 19 | 16 | — |
| Minority Interest | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 |
| Adjusted EPS | -25 | 21 | 19 | — |
| Minority Interest | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 |
| Adjusted EPS | -25 | 21 | 19 | — |
Dec 2023
- 829
- 819
- Operating Profit
- 18
- OPM %
- 2
- Other Income
- 8
- Interest
- 4
- Depreciation
- 18
- -28
- Tax %
- 20
- Net Profit
- -23
- EPS
- -25
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -25
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -25
Dec 2024
- 882
- 845
- Operating Profit
- 46
- OPM %
- 5
- Other Income
- 10
- Interest
- 2
- Depreciation
- 19
- 26
- Tax %
- 25
- Net Profit
- 20
- EPS
- 21
- Dividend Payout %
- 19
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 21
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 21
Dec 2025
- 892
- 852
- Operating Profit
- 46
- OPM %
- 5
- Other Income
- 6
- Interest
- 1
- Depreciation
- 18
- 24
- Tax %
- 27
- Net Profit
- 17
- EPS
- 19
- Dividend Payout %
- 16
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 19
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 19
TTM
- 977
- 930
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 2
- Depreciation
- 19
- 39
- Tax %
- 26
- Net Profit
- 29
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- 1%
- 5 Years:
- 6%
- 3 Years:
- 9%
- 1 Year:
- 0%
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 1%
- Last Year:
- 4%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Dec 2023 | Dec 2024 | Dec 2025 | |
|---|---|---|---|
| LIABILITIES | - | - | - |
| Equity Capital | 9 | 9 | 9 |
| 387 | 406 | 419 | |
| 15 | 0 | 0 | |
| Trade Payables | 117 | 119 | 145 |
| 86 | 91 | 104 | |
| Total Liabilities | 614 | 626 | 677 |
| ASSETS | - | - | - |
| 143 | 141 | 138 | |
| Capital Work in Progress | 15 | 4 | 1 |
| 104 | 119 | 126 | |
| 220 | 241 | 263 | |
| Cash & Bank | 47 | 39 | 65 |
| 84 | 81 | 84 | |
| Total Assets | 614 | 626 | 677 |
| Total Debt | 15 | 0 | 0 |
| Net Working Capital | 218 | 258 | 277 |
| Contingent Liabilities | 16 | 10 | 16 |
| Book Value per Share | 431.77 | 452.39 | 466.99 |
| Face Value | 10.00 | 10.00 | 10.00 |
| Total Debt | 15 | 0 | 0 |
| Net Working Capital | 218 | 258 | 277 |
| Contingent Liabilities | 16 | 10 | 16 |
| Book Value per Share | 431.77 | 452.39 | 466.99 |
| Face Value | 10.00 | 10.00 | 10.00 |
Dec 2023
- Equity Capital
- 9
- 387
- 15
- Trade Payables
- 117
- 86
- Total Liabilities
- 614
- 143
- Capital Work in Progress
- 15
- 104
- 220
- Cash & Bank
- 47
- 84
- Total Assets
- 614
- Total Debt
- 15
- Net Working Capital
- 218
- Contingent Liabilities
- 16
- Book Value per Share
- 431.77
- Face Value
- 10.00
- Total Debt
- 15
- Net Working Capital
- 218
- Contingent Liabilities
- 16
- Book Value per Share
- 431.77
- Face Value
- 10.00
Dec 2024
- Equity Capital
- 9
- 406
- 0
- Trade Payables
- 119
- 91
- Total Liabilities
- 626
- 141
- Capital Work in Progress
- 4
- 119
- 241
- Cash & Bank
- 39
- 81
- Total Assets
- 626
- Total Debt
- 0
- Net Working Capital
- 258
- Contingent Liabilities
- 10
- Book Value per Share
- 452.39
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 258
- Contingent Liabilities
- 10
- Book Value per Share
- 452.39
- Face Value
- 10.00
Dec 2025
- Equity Capital
- 9
- 419
- 0
- Trade Payables
- 145
- 104
- Total Liabilities
- 677
- 138
- Capital Work in Progress
- 1
- 126
- 263
- Cash & Bank
- 65
- 84
- Total Assets
- 677
- Total Debt
- 0
- Net Working Capital
- 277
- Contingent Liabilities
- 16
- Book Value per Share
- 466.99
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 277
- Contingent Liabilities
- 16
- Book Value per Share
- 466.99
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Dec 2023 | Dec 2024 | Dec 2025 | |
|---|---|---|---|
| 5 | 16 | 43 | |
| Cash from Investing | -30 | -6 | -10 |
| Cash from Financing | 5 | -18 | -7 |
| -20 | -8 | 25 | |
| Free Cash Flow | 5 | 16 | 33 |
| OCF / Net Profit | -0.23 | 0.84 | 2.46 |
| Cumulative 5-Year FCF | 0 | 0 | 0 |
| OCF / Net Profit | -0.23 | 0.84 | 2.46 |
| Cumulative 5-Year FCF | 0 | 0 | 0 |
Dec 2023
- 5
- Cash from Investing
- -30
- Cash from Financing
- 5
- -20
- Free Cash Flow
- 5
- OCF / Net Profit
- -0.23
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.23
- Cumulative 5-Year FCF
- 0
Dec 2024
- 16
- Cash from Investing
- -6
- Cash from Financing
- -18
- -8
- Free Cash Flow
- 16
- OCF / Net Profit
- 0.84
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.84
- Cumulative 5-Year FCF
- 0
Dec 2025
- 43
- Cash from Investing
- -10
- Cash from Financing
- -7
- 25
- Free Cash Flow
- 33
- OCF / Net Profit
- 2.46
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.46
- Cumulative 5-Year FCF
- 0
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Dec 2023 | Dec 2024 | Dec 2025 | |
|---|---|---|---|
| PER SHARE | - | - | - |
| EPS (₹) | -24.70 | 21.29 | 18.93 |
| Book Value (₹) | 431.77 | 452.39 | 466.99 |
| Dividend per Share (₹) | 0.00 | 4.00 | 3.00 |
| Cash EPS (₹) | -4.86 | 42.08 | 38.94 |
| PROFITABILITY | - | - | - |
| Operating Margin % | 1.16% | 4.08% | 4.33% |
| Net Margin % | -2.70% | 2.19% | 1.90% |
| ROE % | -5.54% | 4.82% | 4.12% |
| ROCE % | -5.78% | 6.69% | 5.94% |
| -3.48% | 3.15% | 2.67% | |
| EFFICIENCY | - | - | - |
| Debtor Days | 102 | 94 | 100 |
| Inventory Days | 47 | 46 | 49 |
| Payable Days | 83 | 66 | 73 |
| 66 | 74 | 76 | |
| FINANCIAL HEALTH | - | - | - |
| Debt to Equity (x) | 0.04x | 0.00x | 0.00x |
| Interest Coverage (x) | -5.80x | 15.73x | 17.69x |
| 2.22x | 2.53x | 2.42x | |
| GROWTH | - | - | - |
| Revenue Growth % | -4.95% | 6.36% | 1.16% |
| Operating Profit Growth % | -37.02% | 156.84% | -0.44% |
| Net Profit Growth % | -155.33% | 186.17% | -11.07% |
| -155.33% | 186.17% | -11.07% | |
| VALUATION | - | - | - |
| P/E (x) | 0.00x | 31.29x | 25.32x |
| P/B (x) | 1.14x | 1.47x | 1.03x |
| Dividend Yield % | 0.00% | 0.60% | 0.63% |
| 23.54x | 12.44x | 8.19x |
Dec 2023
- EPS (₹)
- -24.70
- Book Value (₹)
- 431.77
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -4.86
- Operating Margin %
- 1.16%
- Net Margin %
- -2.70%
- ROE %
- -5.54%
- ROCE %
- -5.78%
- -3.48%
- Debtor Days
- 102
- Inventory Days
- 47
- Payable Days
- 83
- 66
- Debt to Equity (x)
- 0.04x
- Interest Coverage (x)
- -5.80x
- 2.22x
- Revenue Growth %
- -4.95%
- Operating Profit Growth %
- -37.02%
- Net Profit Growth %
- -155.33%
- -155.33%
- P/E (x)
- 0.00x
- P/B (x)
- 1.14x
- Dividend Yield %
- 0.00%
- 23.54x
Dec 2024
- EPS (₹)
- 21.29
- Book Value (₹)
- 452.39
- Dividend per Share (₹)
- 4.00
- Cash EPS (₹)
- 42.08
- Operating Margin %
- 4.08%
- Net Margin %
- 2.19%
- ROE %
- 4.82%
- ROCE %
- 6.69%
- 3.15%
- Debtor Days
- 94
- Inventory Days
- 46
- Payable Days
- 66
- 74
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 15.73x
- 2.53x
- Revenue Growth %
- 6.36%
- Operating Profit Growth %
- 156.84%
- Net Profit Growth %
- 186.17%
- 186.17%
- P/E (x)
- 31.29x
- P/B (x)
- 1.47x
- Dividend Yield %
- 0.60%
- 12.44x
Dec 2025
- EPS (₹)
- 18.93
- Book Value (₹)
- 466.99
- Dividend per Share (₹)
- 3.00
- Cash EPS (₹)
- 38.94
- Operating Margin %
- 4.33%
- Net Margin %
- 1.90%
- ROE %
- 4.12%
- ROCE %
- 5.94%
- 2.67%
- Debtor Days
- 100
- Inventory Days
- 49
- Payable Days
- 73
- 76
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 17.69x
- 2.42x
- Revenue Growth %
- 1.16%
- Operating Profit Growth %
- -0.44%
- Net Profit Growth %
- -11.07%
- -11.07%
- P/E (x)
- 25.32x
- P/B (x)
- 1.03x
- Dividend Yield %
- 0.63%
- 8.19x
Documents
Announcements
- Copy of Newspaper Publication
2026-08-14 - DIC India Limited has informed the Exchange about Copy of Newspaper Publication
- Outcome of Board Meeting
2026-08-12 - DIC India Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Nothing filed yet.