DCW Ltd. (IN:DCW)
:DCW
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DCW Ltd.
(DCW)
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Rating:57Neutral
Price Target:
₹47.00
▼(-18.61% Downside)
Action:ReiteratedDate:04/02/26
The score is driven primarily by decent financial performance (revenue growth, improved operating margins, and positive free cash flow), but is meaningfully pulled down by weak technicals (downtrend and negative momentum) and a demanding valuation (high P/E with low yield).
Positive Factors
Margin Improvement
Sustained improvement in gross and EBIT margins points to better operational efficiency and cost control. Over a multi-month horizon this supports higher operating cash generation, greater resilience to raw material cost swings, and stronger ability to reinvest in product lines or efficiency projects.
Negative Factors
Low Net Profit Margin
A persistently low net profit margin constrains retained earnings and limits the company's ability to fund growth or absorb shocks. Even with operating margin gains, weak bottom-line conversion implies pressure from interest, tax, or non-operating items that can erode long-term return on equity.
Read all positive and negative factors
Positive Factors
Negative Factors
Margin Improvement
Sustained improvement in gross and EBIT margins points to better operational efficiency and cost control. Over a multi-month horizon this supports higher operating cash generation, greater resilience to raw material cost swings, and stronger ability to reinvest in product lines or efficiency projects.
Read all positive factors
DCW Ltd. (DCW) vs. iShares MSCI India ETF (INDA)
Market Cap
₹12.84B
Dividend Yield0.16%
Average Volume (3M)57.82K
Price to Earnings (P/E)85.7
Beta (1Y)1.46
Revenue Growth-0.56%
EPS Growth21.12%
CountryIN
Employees1,761
SectorBasic Materials
Sector Strength58
IndustryChemicals
Share Statistics
EPS (TTM)0.17
Shares Outstanding295,155,030
10 Day Avg. Volume56,614
30 Day Avg. Volume57,823
Financial Highlights & Ratios
PEG Ratio0.83
Price to Book (P/B)2.29
Price to Sales (P/S)1.18
P/FCF Ratio20.67
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
DCW Ltd. Business Overview & Revenue Model
Company Description
DCW Limited operates as a heavy chemical manufacturing company in India. It operates through Soda Ash, Caustic Soda, PVC, SIOP, and C-PVC segments. The company's products include caustic soda, liquid chlorine, hydrochloric acid, synthetic rutile, ...
How the Company Makes Money
DCW primarily makes money by manufacturing chemicals and selling them to industrial customers, generating revenue from the sale of its chemical products (typically across domestic and export markets). Its revenue model is based on product sales vo...
DCW Ltd. Financial Statement Overview
Summary
Income Statement
75
Positive
Balance Sheet
70
Positive
Cash Flow
65
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 20.27B | 20.00B | 18.61B | 26.34B | 24.49B | 14.59B |
| Gross Profit | 8.11B | 6.00B | 8.86B | 13.40B | 10.28B | 7.03B |
| EBITDA | 2.44B | 1.93B | 1.83B | 4.91B | 3.38B | 2.14B |
| Net Income | 499.98M | 302.84M | 156.60M | 1.92B | 1.08B | 37.93M |
Balance Sheet | ||||||
| Total Assets | 22.11B | 21.78B | 20.89B | 20.63B | 19.03B | 18.75B |
| Cash, Cash Equivalents and Short-Term Investments | 2.12B | 182.96M | 1.70B | 1.68B | 1.12B | 1.22B |
| Total Debt | 3.80B | 4.27B | 4.39B | 5.08B | 5.56B | 6.24B |
| Total Liabilities | 11.53B | 11.45B | 10.57B | 10.38B | 11.01B | 11.88B |
| Stockholders Equity | 10.58B | 10.33B | 10.32B | 10.25B | 8.02B | 6.87B |
Cash Flow | ||||||
| Free Cash Flow | 753.25M | 1.14B | 1.58B | 1.40B | 1.40B | 2.00B |
| Operating Cash Flow | 1.30B | 1.91B | 2.52B | 2.26B | 1.78B | 2.18B |
| Investing Cash Flow | -325.61M | -1.12B | -986.28M | -1.65B | 515.56M | -778.50M |
| Financing Cash Flow | -931.74M | -779.57M | -1.53B | -1.39B | -1.92B | -985.34M |
DCW Ltd. Technical Analysis
Neutral
57.75
Price Trends
45.66
Positive
51.02
Negative
62.02
Negative
Market Momentum
0.49
Negative
56.24
Neutral
80.98
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:DCW, the sentiment is Neutral. The current price of 57.75 is above the 20-day moving average (MA) of 42.18, above the 50-day MA of 45.66, and below the 200-day MA of 62.02, indicating a neutral trend. The MACD of 0.49 indicates Negative momentum. The RSI at 56.24 is Neutral, neither overbought nor oversold. The STOCH value of 80.98 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:DCW.
DCW Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | ₹11.34B | 5.40 | ― | 0.22% | 19.16% | 216.90% | |
71 Outperform | ₹24.70B | 13.36 | ― | 4.47% | -6.89% | -7.12% | |
67 Neutral | ₹51.75B | 33.65 | ― | 0.46% | -1.16% | -5.72% | |
66 Neutral | ₹45.53B | 12.54 | ― | 2.10% | -5.28% | -15.15% | |
65 Neutral | ₹64.58B | 23.54 | ― | 0.47% | 6.97% | 28.71% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
57 Neutral | ₹12.84B | 85.72 | ― | 0.16% | -0.56% | 21.12% |
* Basic Materials Sector Average
IN:DCW
DCW Ltd.
45.83
-35.98
-43.98%
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40.97%
DCW Ltd. Corporate Events
DCW Ltd. Closes Trading Window Ahead of FY26 Results
Mar 26, 2026
DCW Ltd. has announced the closure of its trading window for designated persons and their immediate relatives from 1 April 2026 until 48 hours after the announcement of its financial results for the quarter and financial year ended 31 March 2026. ...
DCW Ltd. Discloses Promoter Share Acquisition Under SEBI Exemption
Feb 24, 2026
DCW Ltd. has informed the Indian stock exchanges that it has received a disclosure from promoter Bakul Premchand Jain regarding an acquisition of shares made under an exemption provided by Regulation 10 of the SEBI Substantial Acquisition of Share...
DCW Ltd. Boosts Equity Capital After Completing Amalgamation Share Allotment
Feb 19, 2026
DCW Ltd. has completed a share allotment tied to the amalgamation of Dhrangadhara Trading Company Private Limited and Sahu Brothers Private Limited into the company, following approval of the merger scheme by the National Company Law Tribunal in A...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.