DCW Share Price

DCW Limited, earlier known as Dhrangadhra Chemical Works, is a leading manufacturer of basic chemicals like caustic soda, liquid chlorine and chlorine based products.

The company’s inception dates back to 1925 when the foundation stone for India’s first soda ash factory was laid at Dhrangadhra, Gujarat. The plant started operations in 1939 under the company which was then known as Dhrangadhra Chemical Works.

The company commissioned India’s first soda ash plant in 1939. Later on, the company expanded their operations to Sahupuram Tamil Nadu with the establishment of Chlor-Alkali plant.

Since then the company has diversified into the manufacturing of multiple chemicals as DCW Ltd became India’s first company to have established a trichloroethylene plant. It has also commissioned one of Asia’s largest synthetic iron oxide pigment plants.

The company has a diversified product mix category of speciality chemicals and basic chemicals like synthetic rutile (SR), synthetic iron oxide pigments (SIOP), immediate like liquid chlorine and hydrochloric acid and soda ash.

The company’s chemistry product range provides key ingredients to the manufacturers of agricultural products, detergents, food, pharmaceuticals, pigments, fertilisers, alumina and other industrial products.

The market capitalisation of the DCW Ltd stood at over ₹1,800 crore as of January 25, 2024. DCW share price has surged over 193% in the last three years.

DCW Limited business operations

The company has a diversified product portfolio with 12 major products and its distribution network is spread across more than 14 countries.

The company’s plant in Sahupuram, Tamil Nadu, has a multi-purpose facility spread over 2,500 acres of land. This plant caters to over 15 segments like commercial and residential plumbing, fire sprinkler systems, industrial piping systems, construction, paint, paper, laminates, packaging, furniture, plastics and rubber.

Apart from India, DCW’s operations are spread across more than 12 countries, including the United States, Europe, Japan, Malaysia and Netherlands. The company caters to over 100 companies in the export markets.

In 1970, when DCW Ltd started manufacturing Synthetic Rutile, it was one of the first companies to have this production facility in Asia. It’s currently one of the leading manufacturers of Synthetic Rutile globally.

The company is also one of the major producers of PVC (Polyvinyl Chloride), with 10% market share in India. DCW’s PVC plant is situated at Sahupuram, Tamil Nadu, with an installed capacity of 90 thousand MTPA as of March 31, 2023. The plant is currently operating at 107% capacity utilisation. PVC business contributed 35.23% to the total revenue during FY2023.

DCW Financial Highlights

• Revenue: DCW reported revenue of ₹2,162.67 crore in FY26 vs ₹2,023.44 crore in FY25. It showed an increase of 6.88% on a yearly basis.
• Operating Profit: DCW reported an operating profit of ₹74.61 crore in FY26 vs ₹49.15 crore in FY25. It showed an increase of 51.80% on a year-on-year basis.
• Net Profit: DCW reported a net profit of ₹48.17 crore in FY26 vs ₹30.07 crore in FY25. It showed an increase of 60.19% on a yearly basis.

DCW Quarterly Result Highlights

• DCW reported revenue of ₹614.67 crore in Mar 2026, compared with ₹524.64 crore in Dec 2025, representing an increase of 17.16% on a quarter-on-quarter (QoQ) basis.
• DCW reported an operating profit of ₹28.37 crore in Mar 2026, compared with ₹7.53 crore in Dec 2025, representing an increase of 276.76% on a quarter-on-quarter (QoQ) basis.
• DCW reported a profit of ₹18.08 crore in Mar 2026, compared with ₹4.90 crore in Dec 2025, reflecting an increase of 268.98% on a QoQ basis.
• The earnings per share (EPS) of DCW stood at ₹1.03 during Mar 2026.