DCW
1 call
Concalls & earnings callsDCW Limited
Every summarised call, newest first. Latest is Q1 FY27, held 14 Aug 2026.
Latest quarter
Q1 FY27 snapshot
Open full brief →Q1 FY27 profitability was severely impacted by temporary event-driven disruptions in the PVC business, though management expects normalization and improved performance in subsequent quarters as part of the company's strategic shift towards value-added specialty chemicals.
| Metric | This quarter | Change | Five-quarter trend |
|---|---|---|---|
| Revenue from Operations | ₹542 Cr | +14% YoY, -11% QoQ | |
| EBITDA (including other income) | ₹41.4 Cr | -28% YoY, -41% QoQ | |
| Specialty Chemicals Revenue | ₹177 Cr | +38% YoY, +6% QoQ | |
| Specialty Chemicals EBITDA | Approx 20% growth YoY | +20% YoY, +35% QoQ |
Latest guidance
- Expect FY27 to close at a better level than the previous fiscal based on current visibility.
- Target to become effectively net debt free by the end of FY27, after repaying legacy long-term debt.
- Announced a Rs 250 crore investment program over the next 2-3 years, targeting a minimum incremental ROCE of 20%.
- Expect coming quarters to reflect improved operating conditions and better financial performance as one-time headwinds in PVC are largely behind.
- Revised steady-state annual EBITDA target to around Rs 300 crores.
Said on the Q1 FY27 call.
Filed results
Reported quarterly history
From filed quarterly results. YoY and QoQ compare each metric on the same accounting basis.
| Quarter | Revenue | Net profit (PAT) | Basic EPS |
|---|---|---|---|
| Q3 FY25 | ₹474.17 Cr+19.2% YoY-3% QoQ | ₹13.42 CrTurned profitable YoYTurned profitable QoQ | ₹0.45Turned positive YoYTurned positive QoQ |
| Q2 FY25 | ₹488.74 Cr+18% YoY-2.2% QoQ | ₹-1.25 CrTurned loss-making YoYTurned loss-making QoQ | ₹-0.04Turned negative YoYTurned negative QoQ |
| Q1 FY25 | ₹499.52 Cr+14% YoY-19.7% QoQ | ₹6.73 Cr-32.6% YoY-56.1% QoQ | ₹0.23-32.4% YoY-55.8% QoQ |
| Q4 FY24 | ₹621.69 Cr+5.7% YoY+56.3% QoQ | ₹15.33 Cr-56.6% YoYTurned profitable QoQ | ₹0.52-56.7% YoYTurned positive QoQ |
| Q3 FY24 | ₹397.77 Cr-31.3% YoY-3.9% QoQ | ₹-12.32 CrTurned loss-making YoYTurned loss-making QoQ | ₹-0.42Turned negative YoYTurned negative QoQ |
Call history
- Q1 FY27Cautious tone
Q1 FY27 profitability was severely impacted by temporary event-driven disruptions in the PVC business, though management expects normalization and improved performance in subsequent quarters as part of the company's strategic shift towards value-added specialty chemicals.
- Revenue from Operations
- ₹542 Cr+14% YoY, -11% QoQ
- EBITDA (including other income)
- ₹41.4 Cr-28% YoY, -41% QoQ