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DIC India Limited

DIC India Limited

DICIND.NS
DIC India LimitedIN flagNational Stock Exchange of India
510.70
INR
-5.65
- -
4.69BMarket Cap
DIC India Limited
DICIND.NS
(National Stock Exchange of India)

Recent

price

510.70

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
602.86
735.11
780.03
775.36
786.8
816.58
770.49
800.56
907.83
856.99
660.26
808.53
945.66
899.71
956.01
967.83
1,001.16
Revenue per Share
55.28
28.82
23.42
13.66
-33.65
32.37
24.89
-12.85
-10.16
20.1
93.58
13.5
44.65
-24.7
21.29
18.93
20.73
Basic EPS, GAAP
-14.47
-6.97
-12.39
23.25
-8.51
40
33.39
-32.16
-65.55
3.3
19.85
-33.35
-35.44
-30.57
8.82
34.24
- -
Free Cash Flow per Basic Share
4.66
5.8
3.99
3.99
3.99
0.02
3.99
4
- -
- -
4.5
5.99
5
2.02
0.04
3.98
- -
Dividend per Share
10
150.76
167.19
174.8
141.15
166.34
191.15
172.86
162.11
181.76
270.53
277.65
317.21
288.97
309.59
324.19
- -
Book Value per Share
265.53
289.69
304.77
313.56
281.24
308.06
332.28
314.39
284.38
304.12
413.08
420.25
459.89
431.5
452.23
466.89
- -
Tangible Book Value per Share
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
Basic Weighted Avg Shares
5,534
6,748
7,160
7,117
7,222
7,495
7,072
7,348
8,333
7,866
6,061
7,421
8,680
8,258
8,775
8,884
9,189
Sales/Revenue/Turnover
7.16
7.5
5.15
2.26
-0.95
6.42
4.54
-0.38
-1.51
1.42
1.86
2.01
0.97
-0.89
2.32
2.8
2.51
Operating Margin (%)
86
88
101
122
127
174
153
156
133
112
147
143
134
182
191
184
185
Depreciation Expense
507
265
215
125
-309
297
228
-118
-93
184
859
124
410
-227
195
174
190
Net Income, GAAP
21.76
30.74
31.74
- -
- -
26.27
25.87
- -
- -
- -
22.53
26.09
7.51
- -
24.55
26.52
26.57
Effective Tax Rate (%)
9.17
3.92
3
1.76
-4.28
3.96
3.23
-1.6
-1.12
2.35
14.17
1.67
4.72
-2.75
2.23
1.96
2.07
Profit Margin (%)
1,849
1,810
1,878
2,008
1,718
2,076
2,254
2,137
1,886
2,046
2,691
2,838
2,620
2,181
2,579
2,771
- -
Working Capital
115
227
- -
- -
- -
- -
- -
- -
- -
- -
34
32
202
30
22
24
- -
LT Debt
2,437
2,659
2,831
2,914
2,605
2,837
3,065
2,897
2,799
2,979
3,794
3,859
4,222
3,963
4,153
4,286
- -
Total Equity
12.49
12.37
8
- -
- -
12.19
8.08
- -
- -
- -
2.27
2.68
1.88
- -
3.74
4.38
- -
Return on Invested Capital (%)
144.96
28.65
11.58
- -
- -
20.79
14.75
- -
- -
- -
38.32
5.21
15.43
- -
7.29
6.25
129.48
Return on Capital (%)
552.78
35.85
14.73
7.99
-21.3
21.05
13.92
-7.06
-6.06
11.69
41.38
4.92
15.01
-8.15
7.11
5.97
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
17
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
24
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
9
- -
Market Capitalization
4,659
4,454
4,288

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
4,721
- -
Cash, Cash Equivalents & STI
- -
664
- -
Accounts Receivable, Net
- -
2,634
- -
Inventories
- -
1,256
- -
Total Current Liabilities
- -
1,951
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
17
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.59%
2.6%
3.23%
Free Cash Flow
17.08%
-23.27%
287.96%
Net Income, GAAP
-33.52%
-41.47%
-11.07%
Sales/Revenue/Turnover
2.52%
8.41%
1.24%
Total Cash Common Dividend
- -
2,002.47%
10,153.37%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,973
2,418
2,200
2,185
8,775
2025
2,093
2,258
2,222
2,311
8,884
2026
2,398
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4.57
6.76
2.16
7.79
21.29
2025
2.82
4.75
6.4
4.96
18.93
2026
4.62
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.04
2025
- -
- -
- -
- -
3.98
2026
- -
- -
- -
- -
- -
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Business
DIC India Limited, a subsidiary of DIC Asia Pacific Pte Limited and part of Japan's DIC Corporation, manufactures and supplies printing inks, laminating adhesives, and allied products for the printing, publishing, and packaging industries in India. The company produces a comprehensive range of products including gravure inks for flexible packaging such as alu alu, blister packs, sachets, and labels; offset inks for packaging, books, magazines, posters, and commercial printing; news inks in black, color, UV, and high-speed variants for newspapers; flexographic inks in water-based, solvent-based, and UV formulations for labels and flexible substrates; specialty inks such as screen, industrial, metal deco, and UV inks for textiles, paper, PVC, acrylic, and metal cans; lamination adhesives in solvent-based and solvent-free types for metallized films, thermoformed packaging, polyethylene, and transparent films; as well as overprint varnishes, coatings, and pressroom chemicals for offset, gravure, and flexography processes. DIC India operates manufacturing facilities in Noida, Ahmedabad, Saykha, and Bengaluru, with R&D centers in Noida and Kolkata focused on new product development and Asia-Pacific market innovations; it serves domestic newspapers, magazines, converters, and international printing establishments primarily across India. Founded in 1947 as Coates of India Limited and renamed DIC India Limited in 2004, the company is headquartered in Noida, Uttar Pradesh. Recent developments include the operational Optima plant in Noida for flexible production expansion and future new product launches, alongside ongoing investments in eco-friendly formulations like low-VOC, water-based, and toluene-free inks to meet sustainability demands.