DCW Ltd

Know More
NSEBSE

60.90-0.05 (-0.08%)

03:54 PM,26th Feb 2024

60.93-0.19 (-0.31%)

04:01 PM,26th Feb 2024

BSE : 500117

NSE : DCW

Sector : Industrials

ISIN Code : INE500A01029

  • NSE
  • BSE
  • 1D
  • 5D
  • 1M
  • 6M
  • 1Y
  • 2Y
  • 5Y
  • MAX

Last Updated: Feb 26 2024 | 04:01 PM IST

Market Cap (₹ Cr)

1797

Turnover (₹ Cr)

1.96

Volume (Shares)

3222001

Face Value

2

52-WK High

72.40

52-WK High Date

05 Feb 2024

52-WK Low

40.05

52-WK Low Date

27 Mar 2023

All Time High

72.40

All Time High Date

05 Feb 2024

All Time Low

0.52

All Time Low Date

24 Jan 2001

DCW Ltd

DCW Limited (Formally Dhrangadhra Chemical Works Limited) is a leading chemical powerhouse built over eight decades on the foundation of innovation. Incorporated in January 1939 taking over India's first Soda Ash Factories in Dhanghadra Gujarat by the present promoters under the Late Sahu Shriyans Prasad Jain it is now amongst the country's fastest-growing multi-product multi-location chemical companies. With a successful record of innovation and pioneering new products and processes the Company has a leading presence in the Chlor-Akali Soa Ash and PVC business segments. DCW has two manufacturing units located at Dhrangadhra Gujarat and at Sahupuram Tamil Nadu. The Company presently manufactures Soda Ash Caustic Soda PVC Resins Soda Bicarbonates Trichloroethylene Synthetic Rutile Titox Utox Bromine Bromide and a few other chemicals. The Company also introduced a range of home products like packaged spices flour and iodised salt. The Company is one of the six major producers of PVC and accounts nearly 10% of total market share in India. In Caustic Soda it is having 15% market share in South India.In Apr.'93 Pantape Magnetics was amalgamated with the company. It came out with a rights issue and a GDR issue in 1994 to install 30-MW power plant and expand the PVC plant by increasing the capacity from 42000 tpa to 60000 tpa. The expansion of the PVC plant was completed in 1994-95. It entered into an agreement with Lego Overseas Denmark to market their educational toys in India.The project to set up a 30-MW captive power plant at its factory in Sahupuram is under implementation. In 1995-96 four out of 5 generators of 6 MW each were commissioned. In 1996-97 it proposes to set up a facility for recovering Ferrite Grade Iron Oxide from the effluent of the Beneficated llmenite Plant In the process Hydrochloric Acid of the required concentration will be regenerated for use in the Beneficated llmenite Plant. It has entered into technical collaboration with International Steel Services Inc USA. who have lot of experience in the manufacture of this product but the project is kept on hold as the plant with similar technology supplied to another Indian comppany is yet to be satisfactorily commissioned.A Scheme of Arrangement between the Company & Crescent Finstock Private Limited was approved by the shareholders at the Court convened meeting held on 4th August 1997. CFPL has been converted into a Public Limited Company and steps are being initiated to issue Equity Shares of Crescent Finstock Limited to the shareholders of the Company in the ratio of 1:4 as per the Scheme already approved.The performance of Soda Ash Division during the year 2001 was very low due to high labour strength and excess supply position is a major cause of concern since it adversely affects other divisions in general and the company in particular.De-bottlenecking of Beneficiated IllmeniteCaustic Soda and pvc plants project was taken up by the company at a cost of Rs.33 crores and this has been sanctioned by IDBI.The subsidiary company Pantape Magnetics Limited was amalgamated with the Company from 1st April 2000. In terms of the said Scheme of Amalgamation 105000 Shares were allotted as fully paid-up without payment being received in cash to Vendors and 910 Shares to Equity Shareholders of the erstwhile PRC Limited.During the year 2004 the Company installed Wind Mills Project of 1.15 MW in Gujarat. It implemented 11.2 MW capacity Windmill Project in Tamil Nadu comprising of 14 windmills during the year 2006. The Beneficated llmenite Plant Project was implemented in April 2007 resulting an increase in capacity from 30000 TPA to 42000 TPA. The Thermal Co-generation Power Plant for generating 50MW of power and 85 TPH steam at Sahupuram unit in Tamil Nadu was implemented in 2009. The Company commissioned additional 8.27 MW Turbine in Thermal Power Plant during the year 2010. Under PVC Automation-CumBalancing Equipment program the Company commissioned VCM Stripping tower and Fluidised Bed Dryer (FBD) at its PVC unit in Sahupuram Tamil Nadu in 2014. It established Producer Gas Plant at its Sahupuram unit in Tamilnadu to produce gas from coal the trail runs of the same have started in 2014. It commissioned Reverse Osmosis (RO) Plant to recycle hard / used water back into the process. The Synthetic Iron Oxide Pigment (SIOP) cum Calcium Chloride Plant was implemented which started commercial production in May 2015. The Chlorinated Poly Vinyl Chloride (C-PVC) Plant at Sahupuram facility in Tamil Nadu was commissioned during the year 2016-17. Further in FY 2017 it entered into a niche margin lucrative C-PVC business with technical license from Arkema and became the first and only only manufacturer of C-PVC in India.

DCW Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

1797

EPS - TTM (₹) [S]

1.25

P/E Ratio (X) [S]

1.73

Face Value (₹) 2
Latest Dividend (%)15.00
Latest Dividend Date 22 Sep 2023
Dividend Yield (%) 0.49
Book Value Share (₹) [S]35.16
P/B Ratio (₹) [S]1.73
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

59.50

61.75

Week Low/High

58.10

64.00

Month Low/High

56.25

72.00

Year Low/High

40.05

72.00

All time Low/High

0.65

72.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-2.89%-2.79%0.110.00%
1 Month-1.65%-1.69%2.963.60%
3 Month17.48%17.45%10.3411.76%
6 Month17.07%17.12%12.1814.83%
1 Year25.44%25.70%22.4126.66%
3 Year132.89%134.68%48.2552.26%

Company Info

Company Information

Chairman & Managing Director : PRAMODKUMAR SHRIYANSPRASAD JAIN

Managing Director : Bakul Jain

Non-Exec. & Independent Dir. : Sujata Rangenekar

Managing Director : Vivek Jain

Non-Exec. & Independent Dir. : Krishnamoorthy Krishnan

Non-Exec. & Independent Dir. : Mahesh Vennelkanti

Company Sec. & Compli. Officer : Dilip Darji

Registered Office: No 2 Guest House, ,Dhrangadhra,Gujarat-363315 Ph: 91-2754-5719967-76

Email:ho@dcwltd.com

URL:http://www.dcwltd.com