
About Dai-Ichi Karkaria Limited
Data last updated:
Dai-Ichi Karkaria Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 13 May 1960 and has been in existence for over 66 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L24100MH1960PLC011681. Its GSTIN is 24AAACD0548F1Z6 (Gujarat). The company holds 2 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on BSE: 526821 and NSE: DAICHI.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹7.45 Cr. It was formerly known as Dai-Ichi Karkaria Private Limited. It is led by directors including Meher Vakil Taff (Managing Director) and Shernaz Firoze Vakil (Whole-Time Director).
Its last annual general meeting (AGM) was held on 20 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Liberty Bldg Sir Vithaldasthakckersey Marg, Mumbai, Maharashtra, India – 400020.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹161.3 Cr, a decline of 11.1% compared to the previous year. For the same year it recorded a net loss of ₹64 Lakh (net margin -0.4%) and EBITDA of ₹3.26 Cr (EBITDA margin 2%). The net worth stands at ₹184.63 Cr (down 1.9% YoY). Total assets are valued at ₹200.71 Cr (down 1.3% YoY).
The company has about 179 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary and 1 joint venture.
The company is associated with 1 brand: Dai-ichi Karkaria. As per MCA filings, the company has open charges of ₹26 Cr and satisfied charges of ₹248.28 Cr on record. Court records list 98 cases involving the company, including 61 filed by the company and 37 filed against it; 15 cases are pending. The company has 24 deals on record (12 market trades, 12 secondary share transfers); the latest was in January 2024. Its 6 peer companies in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 2 larger and 4 smaller; the largest is Alchemie Finechem Private Limited with revenue of ₹204 Cr. The company has 12 MSME Form 1 returns on record between 2019 and 2024, listing 158 overdue payments to 64 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dai-ichiindia.com.
Company details
Contact details
Dai-Ichi Karkaria Limited's registered office is in Mumbai, Maharashtra. Its website is dai-ichiindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressLiberty Bldg Sir Vithaldasthakckersey Marg, Mumbai, Maharashtra, India – 400020
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Dai-Ichi Karkaria Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Dai-Ichi Karkaria operates one associated brand: Dai-ichi Karkaria. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specialty chemicals for various applications are manufactured. | dai-ichiindia.com |
Business activity
The main business activity of Dai-Ichi Karkaria is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Dai-Ichi Karkaria Limited, buy the company report.
Financials of Dai-Ichi Karkaria Limited
FY 2025-26 filings availableDai-Ichi Karkaria Limited reported revenue of ₹161.3 Cr (down 11.1% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 161 | 181 | 132 | 184 | 122 | 97.42 | 107 |
| Revenue growth | -11.1% | +37.9% | -28.5% | +51.0% | +25.1% | -9.1% | - |
| EBITDA | 3.26 | 14.46 | 6.29 | 15.89 | (18.37) | (62.87) | (9.08) |
| EBITDA margin | +2.0% | +8.0% | +4.8% | +8.6% | -15.1% | -64.5% | -8.5% |
| Profit before tax | (3.17) | 8.47 | 18.37 | 22.11 | (18.27) | 55.83 | (24.94) |
| Net profit | (0.64) | 6.88 | (2.50) | 11.81 | (22.08) | (23.90) | (18.90) |
| Net profit margin | -0.4% | +3.8% | -1.9% | +6.4% | -18.1% | -24.5% | -17.6% |
| EPS (₹) | (0.99) | 12.11 | 18.66 | 26.94 | (24.20) | 68.03 | (30.77) |
| Balance sheet | |||||||
| Total assets | 201 | 203 | 201 | 211 | 174 | 193 | 230 |
| Net worth | 185 | 188 | 181 | 170 | 150 | 170 | 120 |
| Total debt | 13.00 | 12.73 | 18.93 | 38.21 | 21.72 | 20.18 | 108 |
| Cash & bank | 2.92 | 10.47 | 6.42 | 8.39 | 5.85 | 15.38 | 3.60 |
| Net working capital | 37.58 | 40.86 | 31.66 | 31.56 | 27.84 | 42.79 | 32.93 |
| Cash flow | |||||||
| Cash from operations | 5.18 | 16.12 | 10.06 | 23.19 | (3.42) | (21.54) | 0.96 |
| Cash from investing | (9.54) | (4.13) | 15.82 | (32.75) | (4.15) | 130 | 0.75 |
| Cash from financing | (3.30) | (9.51) | (25.31) | 13.45 | (2.19) | (97.31) | (5.86) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 57.84 | 41.25 | 37.81 | 42.79 | 39.45 | 70.06 | 40.71 | 36.75 |
| Revenue growth (YoY) | +46.6% | -41.1% | -7.1% | +16.4% | +16.5% | - | - | - |
| Other income | 1.46 | 1.19 | 1.03 | 1.64 | 0.79 | 1.41 | 2.80 | 1.12 |
| EBITDA | 5.99 | 0.68 | (0.49) | 1.79 | 1.28 | 8.07 | 2.74 | 1.71 |
| EBITDA margin | +10.4% | +1.6% | -1.3% | +4.2% | +3.2% | +11.5% | +6.7% | +4.7% |
| Depreciation | 2.67 | 2.55 | 2.51 | 2.55 | 2.52 | 2.54 | 2.54 | 2.58 |
| Interest | 0.33 | 0.22 | 0.25 | 0.24 | 0.24 | 0.41 | 0.45 | 0.50 |
| Profit before tax | 4.45 | (0.90) | (2.22) | 0.64 | (0.69) | 6.53 | 2.55 | (0.25) |
| Tax | 2.41 | (0.01) | (0.72) | 0.98 | (0.18) | 1.62 | 0.64 | 0.12 |
| Net profit | 2.04 | (0.89) | (1.50) | (0.34) | (0.51) | 4.91 | 1.91 | (0.37) |
| EPS (₹) | 3.93 | 0.11 | (1.15) | 0.01 | 0.03 | 8.32 | 3.52 | (0.30) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 161 | 181 | 132 | 184 | 122 | 97.42 | 107 |
| Revenue growth | -11.1% | +37.9% | -28.5% | +51.0% | +25.1% | -9.1% | - |
| EBITDA | 3.26 | 14.46 | 6.29 | 15.89 | (18.37) | (62.87) | (9.08) |
| EBITDA margin | +2.0% | +8.0% | +4.8% | +8.6% | -15.1% | -64.5% | -8.5% |
| Profit before tax | (0.47) | 8.47 | 20.85 | 22.11 | (16.58) | 57.18 | (24.94) |
| Net profit | (0.47) | 4.04 | (0.43) | 10.21 | (20.63) | (24.79) | (20.58) |
| Net profit margin | -0.3% | +2.2% | -0.3% | +5.6% | -16.9% | -25.5% | -19.2% |
| EPS (₹) | (0.72) | 8.30 | 21.44 | 24.79 | (22.26) | 66.83 | (33.48) |
| Balance sheet | |||||||
| Total assets | 178 | 181 | 181 | 189 | 154 | 171 | 209 |
| Net worth | 162 | 165 | 161 | 148 | 129 | 149 | 98.63 |
| Total debt | 13.00 | 12.73 | 18.93 | 38.21 | 21.72 | 20.18 | 108 |
| Cash & bank | 2.92 | 10.47 | 6.42 | 8.39 | 5.85 | 15.38 | 3.58 |
| Net working capital | 37.58 | 40.86 | 31.66 | 31.56 | 27.84 | 42.79 | 32.91 |
| Cash flow | |||||||
| Cash from operations | 5.18 | 16.12 | 7.57 | 23.19 | (3.42) | (21.54) | 0.96 |
| Cash from investing | (9.54) | (4.13) | 18.31 | (32.75) | (4.15) | 130 | 0.75 |
| Cash from financing | (3.30) | (9.51) | (25.31) | 13.45 | (2.19) | (97.31) | (5.86) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 57.84 | 41.25 | 37.81 | 42.79 | 39.45 | 70.06 | 40.71 | 36.75 |
| Revenue growth (YoY) | +46.6% | -41.1% | -7.1% | +16.4% | +16.5% | - | - | - |
| Other income | 5.51 | 1.19 | 1.03 | 1.64 | 3.49 | 1.41 | 2.80 | 1.12 |
| Total expenses | 51.85 | 40.57 | 38.30 | 41.00 | 38.17 | 61.99 | 37.97 | 35.04 |
| EBITDA | 5.99 | 0.68 | (0.49) | 1.79 | 1.28 | 8.07 | 2.74 | 1.71 |
| EBITDA margin | +10.4% | +1.6% | -1.3% | +4.2% | +3.2% | +11.5% | +6.7% | +4.7% |
| Depreciation | 2.67 | 2.55 | 2.51 | 2.55 | 2.52 | 2.54 | 2.54 | 2.58 |
| Interest | 0.33 | 0.22 | 0.25 | 0.24 | 0.24 | 0.41 | 0.45 | 0.50 |
| Profit before tax | 8.50 | (0.90) | (2.22) | 0.64 | 2.01 | 6.53 | 2.55 | (0.25) |
| Tax | 2.41 | (0.01) | (0.72) | 0.98 | (0.18) | 1.62 | 0.64 | 0.12 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 57.84 | 41.25 | 37.81 | 42.79 | 39.45 | 70.06 | 40.71 | 36.75 |
| Revenue growth (YoY) | +46.6% | -41.1% | -7.1% | +16.4% | +16.5% | - | - | - |
| Other income | 1.46 | 1.19 | 1.03 | 1.64 | 0.79 | 1.41 | 2.80 | 1.12 |
| EBITDA | 5.99 | 0.68 | (0.49) | 1.79 | 1.28 | 8.07 | 2.74 | 1.71 |
| EBITDA margin | +10.4% | +1.6% | -1.3% | +4.2% | +3.2% | +11.5% | +6.7% | +4.7% |
| Depreciation | 2.67 | 2.55 | 2.51 | 2.55 | 2.52 | 2.54 | 2.54 | 2.58 |
| Interest | 0.33 | 0.22 | 0.25 | 0.24 | 0.24 | 0.41 | 0.45 | 0.50 |
| Profit before tax | 4.45 | (0.90) | (2.22) | 0.64 | (0.69) | 6.53 | 2.55 | (0.25) |
| Tax | 2.41 | (0.01) | (0.72) | 0.98 | (0.18) | 1.62 | 0.64 | 0.12 |
| Net profit | 2.04 | (0.89) | (1.50) | (0.34) | (0.51) | 4.91 | 1.91 | (0.37) |
| EPS (₹) | 3.93 | 0.11 | (1.15) | 0.01 | 0.03 | 8.32 | 3.52 | (0.30) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 161 | 181 | 132 | 184 | 122 | 97.42 | 107 |
| Revenue growth | -11.1% | +37.9% | -28.5% | +51.0% | +25.1% | -9.1% | - |
| Other income | 4.65 | 5.99 | 24.37 | 16.71 | 8.39 | 136 | 3.84 |
| Total expenses | 158 | 167 | 125 | 168 | 140 | 160 | 116 |
| Employee cost | 25.66 | 22.77 | 19.67 | 15.68 | 15.41 | 14.76 | 16.15 |
| EBITDA | 3.26 | 14.46 | 6.29 | 15.89 | (18.37) | (62.87) | (9.08) |
| EBITDA margin | +2.0% | +8.0% | +4.8% | +8.6% | -15.1% | -64.5% | -8.5% |
| Depreciation | 10.13 | 10.15 | 9.23 | 7.45 | 6.80 | 8.51 | 9.46 |
| Interest | 0.95 | 1.83 | 3.06 | 3.04 | 1.49 | 9.20 | 10.24 |
| Profit before tax | (3.17) | 8.47 | 18.37 | 22.11 | (18.27) | 55.83 | (24.94) |
| Tax | 0.07 | 2.29 | 4.88 | 3.64 | 0.00 | 7.39 | 0.00 |
| Net profit | (0.64) | 6.88 | (2.50) | 11.81 | (22.08) | (23.90) | (18.90) |
| Net profit margin | -0.4% | +3.8% | -1.9% | +6.4% | -18.1% | -24.5% | -17.6% |
| EPS (₹) | (0.99) | 12.11 | 18.66 | 26.94 | (24.20) | 68.03 | (30.77) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 7.45 | 7.45 | 7.45 | 7.45 | 7.45 | 7.45 | 7.45 |
| Reserves & surplus | 177 | 181 | 173 | 162 | 142 | 163 | 112 |
| Shareholders' funds (net worth) | 185 | 188 | 181 | 170 | 150 | 170 | 120 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 13.00 | 12.73 | 14.96 | 30.10 | 21.65 | 20.07 | 108 |
| Unsecured loans | 0.00 | 0.00 | 3.97 | 8.11 | 0.07 | 0.11 | 0.06 |
| Total debt | 13.00 | 12.73 | 18.93 | 38.21 | 21.72 | 20.18 | 108 |
| Total liabilities | 201 | 203 | 201 | 211 | 174 | 193 | 230 |
| Assets | |||||||
| Gross block | 189 | 183 | 180 | 179 | 140 | 132 | 177 |
| Net block | 122 | 126 | 132 | 139 | 105 | 105 | 153 |
| Capital work in progress | 3.86 | 0.85 | 2.38 | 0.35 | 2.05 | 0.49 | 2.67 |
| Investments | 27.40 | 23.66 | 20.84 | 22.81 | 21.30 | 26.75 | 22.75 |
| Inventories | 19.97 | 19.19 | 16.66 | 19.17 | 22.81 | 24.47 | 20.40 |
| Sundry debtors | 31.34 | 29.80 | 22.45 | 26.72 | 17.63 | 23.77 | 20.42 |
| Cash & bank balances | 2.92 | 10.47 | 6.42 | 8.39 | 5.85 | 15.38 | 3.60 |
| Loans & advances | 6.60 | 10.39 | 7.19 | 14.03 | 21.51 | 25.20 | 28.43 |
| Total current assets | 60.83 | 69.85 | 52.72 | 68.31 | 67.80 | 88.82 | 72.85 |
| Total current liabilities | 23.25 | 28.99 | 21.06 | 36.75 | 39.96 | 46.03 | 39.92 |
| Net working capital | 37.58 | 40.86 | 31.66 | 31.56 | 27.84 | 42.79 | 32.93 |
| Total assets | 201 | 203 | 201 | 211 | 174 | 193 | 230 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 8.77 | 6.29 | 5.72 | 1.83 | 11.59 | 0.79 | 4.94 |
| Net cash from operating activities | 5.18 | 16.12 | 10.06 | 23.19 | (3.42) | (21.54) | 0.96 |
| Net cash from investing activities | (9.54) | (4.13) | 15.82 | (32.75) | (4.15) | 130 | 0.75 |
| Net cash from financing activities | (3.30) | (9.51) | (25.31) | 13.45 | (2.19) | (97.31) | (5.86) |
| Net change in cash | (7.66) | 2.48 | 0.57 | 3.89 | (9.76) | 10.80 | (4.15) |
| Closing cash | 2.92 | 10.47 | 6.42 | 8.39 | 5.85 | 15.38 | 3.60 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -11.1% | +37.9% | -28.5% | +51.0% | +25.1% | -9.1% | - |
| EBITDA growth | -77.5% | +129.9% | -60.4% | +186.5% | +70.8% | -592.4% | - |
| PBT growth | - | -53.9% | -16.9% | +9998.0% | - | +9998.0% | -2.4% |
| Net income growth | -109.3% | +375.2% | -121.2% | +153.5% | +7.6% | -26.5% | - |
| Revenue CAGR (3Y) | -4.3% | +14.2% | +10.5% | +19.7% | +9.7% | -12.8% | -5.3% |
| EBITDA CAGR (3Y) | -41.0% | - | - | - | +14.5% | - | - |
| Profitability & leverage | |||||||
| Net income margin | -2.0% | +3.4% | +10.3% | +10.0% | -15.0% | +49.7% | -23.3% |
| Return on capital employed | -1.1% | +4.3% | +0.3% | +7.7% | -11.3% | -8.2% | -4.5% |
| Return on net worth | -1.7% | +2.2% | -1.7% | +6.4% | -13.9% | -18.0% | -16.0% |
| Debt / equity | 0.07 | 0.09 | 0.16 | 0.19 | 0.13 | 0.44 | 0.81 |
| Long-term debt / equity | 0.00 | 0.00 | 0.04 | 0.05 | 0.00 | 0.23 | 0.54 |
| Interest cover | -13.83 | 42.46 | -104.08 | 36.02 | -5.92 | -12.89 | -55.23 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.87 | 1.00 | 0.73 | 1.15 | 0.90 | 0.63 | 0.60 |
| Inventory turnover | 8.24 | 10.12 | 7.34 | 8.76 | 5.15 | 4.34 | 5.72 |
| Debtors turnover | 5.28 | 6.94 | 5.35 | 8.29 | 5.89 | 4.41 | 5.80 |
| EPS (₹) | (0.99) | 12.11 | 18.66 | 26.94 | (24.20) | 68.03 | (30.77) |
| Dividend per share (₹) | 1.50 | 3.50 | 2.00 | 4.00 | 0.00 | 3.00 | 2.50 |
| Book value per share (₹) | 247.83 | 252.56 | 242.63 | 228.05 | 201.21 | 228.82 | 160.60 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 57.84 | 41.25 | 37.81 | 42.79 | 39.45 | 70.06 | 40.71 | 36.75 |
| Revenue growth (YoY) | +46.6% | -41.1% | -7.1% | +16.4% | +16.5% | - | - | - |
| Other income | 5.51 | 1.19 | 1.03 | 1.64 | 3.49 | 1.41 | 2.80 | 1.12 |
| Total expenses | 51.85 | 40.57 | 38.30 | 41.00 | 38.17 | 61.99 | 37.97 | 35.04 |
| EBITDA | 5.99 | 0.68 | (0.49) | 1.79 | 1.28 | 8.07 | 2.74 | 1.71 |
| EBITDA margin | +10.4% | +1.6% | -1.3% | +4.2% | +3.2% | +11.5% | +6.7% | +4.7% |
| Depreciation | 2.67 | 2.55 | 2.51 | 2.55 | 2.52 | 2.54 | 2.54 | 2.58 |
| Interest | 0.33 | 0.22 | 0.25 | 0.24 | 0.24 | 0.41 | 0.45 | 0.50 |
| Profit before tax | 8.50 | (0.90) | (2.22) | 0.64 | 2.01 | 6.53 | 2.55 | (0.25) |
| Tax | 2.41 | (0.01) | (0.72) | 0.98 | (0.18) | 1.62 | 0.64 | 0.12 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 161 | 181 | 132 | 184 | 122 | 97.42 | 107 |
| Revenue growth | -11.1% | +37.9% | -28.5% | +51.0% | +25.1% | -9.1% | - |
| Other income | 7.35 | 5.99 | 26.85 | 16.71 | 10.08 | 138 | 3.84 |
| Total expenses | 158 | 167 | 125 | 168 | 140 | 160 | 116 |
| Employee cost | 25.66 | 22.77 | 19.67 | 15.68 | 15.41 | 14.76 | 16.15 |
| EBITDA | 3.26 | 14.46 | 6.29 | 15.89 | (18.37) | (62.87) | (9.08) |
| EBITDA margin | +2.0% | +8.0% | +4.8% | +8.6% | -15.1% | -64.5% | -8.5% |
| Depreciation | 10.13 | 10.15 | 9.23 | 7.45 | 6.80 | 8.51 | 9.46 |
| Interest | 0.95 | 1.83 | 3.06 | 3.04 | 1.49 | 9.20 | 10.24 |
| Profit before tax | (0.47) | 8.47 | 20.85 | 22.11 | (16.58) | 57.18 | (24.94) |
| Tax | 0.07 | 2.29 | 4.88 | 3.64 | 0.00 | 7.39 | 0.00 |
| Net profit | (0.47) | 4.04 | (0.43) | 10.21 | (20.63) | (24.79) | (20.58) |
| Net profit margin | -0.3% | +2.2% | -0.3% | +5.6% | -16.9% | -25.5% | -19.2% |
| EPS (₹) | (0.72) | 8.30 | 21.44 | 24.79 | (22.26) | 66.83 | (33.48) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 7.45 | 7.45 | 7.45 | 7.45 | 7.45 | 7.45 | 7.45 |
| Reserves & surplus | 155 | 158 | 153 | 140 | 122 | 141 | 91.18 |
| Shareholders' funds (net worth) | 162 | 165 | 161 | 148 | 129 | 149 | 98.63 |
| Secured loans | 13.00 | 12.73 | 14.96 | 30.10 | 21.65 | 20.07 | 108 |
| Unsecured loans | 0.00 | 0.00 | 3.97 | 8.11 | 0.07 | 0.11 | 0.08 |
| Total debt | 13.00 | 12.73 | 18.93 | 38.21 | 21.72 | 20.18 | 108 |
| Total liabilities | 178 | 181 | 181 | 189 | 154 | 171 | 209 |
| Assets | |||||||
| Gross block | 189 | 183 | 180 | 179 | 140 | 132 | 177 |
| Net block | 122 | 126 | 132 | 139 | 105 | 105 | 153 |
| Capital work in progress | 3.86 | 0.85 | 2.38 | 0.35 | 2.05 | 0.49 | 2.67 |
| Investments | 4.91 | 0.96 | 0.95 | 0.84 | 0.85 | 4.85 | 1.75 |
| Inventories | 19.97 | 19.19 | 16.66 | 19.17 | 22.81 | 24.47 | 20.40 |
| Sundry debtors | 31.34 | 29.80 | 22.45 | 26.72 | 17.63 | 23.77 | 20.42 |
| Cash & bank balances | 2.92 | 10.47 | 6.42 | 8.39 | 5.85 | 15.38 | 3.58 |
| Loans & advances | 6.60 | 10.39 | 7.19 | 14.03 | 21.51 | 25.20 | 28.43 |
| Total current assets | 60.83 | 69.85 | 52.72 | 68.31 | 67.80 | 88.82 | 72.83 |
| Total current liabilities | 23.25 | 28.99 | 21.06 | 36.75 | 39.96 | 46.03 | 39.92 |
| Net working capital | 37.58 | 40.86 | 31.66 | 31.56 | 27.84 | 42.79 | 32.91 |
| Total assets | 178 | 181 | 181 | 189 | 154 | 171 | 209 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 8.77 | 6.29 | 5.72 | 1.83 | 11.59 | 0.79 | 4.94 |
| Net cash from operating activities | 5.18 | 16.12 | 7.57 | 23.19 | (3.42) | (21.54) | 0.96 |
| Net cash from investing activities | (9.54) | (4.13) | 18.31 | (32.75) | (4.15) | 130 | 0.75 |
| Net cash from financing activities | (3.30) | (9.51) | (25.31) | 13.45 | (2.19) | (97.31) | (5.86) |
| Net change in cash | (7.66) | 2.48 | 0.57 | 3.89 | (9.76) | 10.80 | (4.15) |
| Closing cash | 2.92 | 10.47 | 6.42 | 8.39 | 5.85 | 15.38 | 3.58 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -11.1% | +37.9% | -28.5% | +51.0% | +25.1% | -9.1% | - |
| EBITDA growth | -77.5% | +129.9% | -60.4% | +186.5% | +70.8% | -592.4% | - |
| PBT growth | - | -59.4% | -5.7% | +9998.0% | - | +9998.0% | -2.4% |
| Net income growth | -111.6% | +1039.5% | -104.2% | +149.5% | +16.8% | -20.5% | - |
| Revenue CAGR (3Y) | -4.3% | +14.2% | +10.5% | +19.7% | +9.7% | -12.8% | -5.3% |
| EBITDA CAGR (3Y) | -41.0% | - | - | - | +14.5% | - | - |
| Profitability & leverage | |||||||
| Net income margin | -0.3% | +3.4% | +12.1% | +10.0% | -13.6% | +51.1% | -23.3% |
| Return on capital employed | +0.3% | +4.8% | +1.6% | +8.7% | -11.8% | -8.4% | -4.7% |
| Return on net worth | -0.3% | +2.5% | -0.3% | +7.4% | -14.8% | -20.1% | -18.5% |
| Debt / equity | 0.08 | 0.10 | 0.19 | 0.22 | 0.15 | 0.52 | 0.95 |
| Long-term debt / equity | 0.00 | 0.00 | 0.05 | 0.06 | 0.00 | 0.27 | 0.63 |
| Interest cover | -13.83 | 42.46 | -104.08 | 36.02 | -5.92 | -12.89 | -55.23 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.87 | 1.00 | 0.73 | 1.15 | 0.90 | 0.63 | 0.60 |
| Inventory turnover | 8.24 | 10.12 | 7.34 | 8.76 | 5.15 | 4.34 | 5.72 |
| Debtors turnover | 5.28 | 6.94 | 5.35 | 8.29 | 5.89 | 4.41 | 5.81 |
| EPS (₹) | (0.72) | 8.30 | 21.44 | 24.79 | (22.26) | 66.83 | (33.48) |
| Dividend per share (₹) | 1.50 | 3.50 | 2.00 | 4.00 | 0.00 | 3.00 | 0.00 |
| Book value per share (₹) | 217.64 | 222.09 | 215.93 | 198.56 | 173.76 | 199.42 | 132.39 |
To see the full year-wise statements and ratios of Dai-Ichi Karkaria Limited, buy the company report.
Board of directors of Dai-Ichi Karkaria Limited
Dai-Ichi Karkaria has 6 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Adi Hirji Jehangir Also directs: Goodearth Enterprises LLP, Cowhill Enterprises LLP, Cowasji Jehangir Enterprises LLP and 4 more | Director | 19 Feb 1986 | 40 Years 8 Months | Current |
| Shernaz Firoze Vakil | Whole-Time Director | 26 Feb 1979 | 47 Years 8 Months | Current |
| Meher Vakil Taff Also directs: Natch Products and Services Private Limited, Dai-Ichi Goseichemicals (India) Ltd, Rose Investments Limited and 1 more | Managing Director | 01 Apr 2019 | 7 Years 7 Months | Current |
| Ashok Vishwanath Hiremath Also directs: Cabernet Trading and Advisors LLP, Astec Lifesciences Limited, Envixera Solutions Private Limited and 5 more | Director | 09 Sep 2020 | 6 Years 1 Months | Current |
| Srinivasan Vishwanathan Also directs: The Bombay Dyeing and Manufacturing Company Limited | Director | 23 Jan 2025 | 1 Years 9 Months | Current |
| Behram Maneck Sorabji | Director | 11 Aug 2023 | 3 Years 2 Months | Current |
Peer comparison
Dai-Ichi Karkaria Limited is compared with the 6 companies closest to it by revenue in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Alchemie Finechem Private Limited | ₹204 Cr (FY 2022) | Mumbai, Maharashtra, India | ||||
| Premcem Gums Private Limited | ₹203.79 Cr (FY 2025) | 11.0% | Mumbai, Maharashtra, India | |||
| Agarwal Aromas Private Limited | ₹196.99 Cr (FY 2025) | 1.0% | Uttar Pradesh, India | |||
| Daffodil Pharmachem Private Limited | ₹196.29 Cr (FY 2025) | -27.0% | Ahmedabad, Gujarat, India | |||
| Advy Biosciences Private Limited | ₹194.68 Cr (FY 2025) | 19.0% | Mumbai, Maharashtra, India | |||
| Sarna Chemicals Private Limited | ₹193.99 Cr (FY 2025) | 32.0% | Vapi, Gujarat, India | |||
| Dai-Ichi Karkaria Limitedthis company | ₹161.3 Cr (FY 2026) | -₹64 Lakh | -0.4% | -11.1% | 179 | Mumbai, Maharashtra, India |
To see the full peer comparison of Dai-Ichi Karkaria Limited, buy the company report.
Auditor
Dai-Ichi Karkaria Limited is audited by B S R & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2023 | 101248W/W-100022 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 64.00%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 36.00%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 64.00% | 64.00% | 64.00% | 64.00% |
| Public | 36.00% | 36.00% | 36.00% | 36.00% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Dec 2016 | 100071501 | Axis Bank Limited | ₹26 Cr | Open | |
| 29 Mar 2022 | 100557061 | Axis Bank Limited | ₹2.8 Cr | Satisfied | |
| 22 Nov 2019 | 100307827 | Axis Bank Limited | ₹10 Cr | Satisfied | |
| 22 May 2017 | 100119005 | Hdfc Bank Limited | ₹47 Cr | Satisfied | |
| 01 Jan 2016 | 10616947 | Kotak Mahindra Bank Limited | ₹12 Cr | Satisfied |
To see the full charge records of Dai-Ichi Karkaria Limited, buy the company report.
Total charge records: 33 View all charges
Deals & funding
Dai-Ichi Karkaria Limited has 24 deals on record (12 market trades, 12 secondary share transfers); the latest was in January 2024.
Deals on record (5 of 24)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2018 | Secondary share transfer | Undisclosed | Buyer: Others-Dai-Ichi Karkaria Limited, Ajinkya Electromelt Private Limited , 2 individuals Seller: Ambit Capital Private Limited , 3 individuals |
| Jul 2017 | Secondary share transfer | Undisclosed | Buyer: Ambit Capital Private Limited , 2 individuals Seller: Ajinkya Electromelt Private Limited , Others-Dai-Ichi Karkaria Limited, an individual |
| Aug 2016 | Secondary share transfer | Undisclosed | Buyer: Others-Dai-Ichi Karkaria Limited, Ajinkya Electromelt Private Limited , 2 individuals Seller: Universal Ferro and Allied Chemicals Ltd , Chemicals and Ferro Alloys Private Limited , 2 individuals |
| Mar 2016 | Market trade | ₹28.36 Cr | Buyer: an individual Seller: Chemicals and Ferro Alloys Private Limited , Universal Ferro and Allied Chemicals Ltd |
| Jul 2015 | Secondary share transfer | Undisclosed | Buyer: Others-Dai-Ichi Karkaria Limited, Ajinkya Electromelt Private Limited , 2 individuals Seller: 2 individuals |
To see the full deal history of Dai-Ichi Karkaria Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Dai-Ichi Karkaria Limited has 98 court cases on record: 61 filed by Dai-Ichi Karkaria, 37 filed against it. 15 cases are pending and 83 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 55 | 24 | 11 |
| District courts | 31 | 5 | 4 |
| Supreme Court | 12 | 8 | 0 |
Cases on record (5 of 98)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed against the company by Oil & Natural Gas Corpn Ltd. | Disposed |
| Bombay High Court | Court case (IARBP) | Filed by the company against Oil and Natural Gas Corporation Ltd | Disposed |
| Bombay High Court | Court case (NMA) | Filed against the company by O.N.G.C. | Disposed |
| Bombay High Court | Court case (APP) | Filed against the company by Rutvij Chemicals Ltd. | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company | Pending |
To see the full case history of Dai-Ichi Karkaria Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Dai-Ichi Karkaria Limited was last rated by Crisil on 01 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 01 Dec 2020 |
To see the full credit ratings and regulatory alerts of Dai-Ichi Karkaria Limited, buy the company report.
MSME payment delays
Dai-Ichi Karkaria Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 158 overdue payments to 64 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 64)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Akar Printers | |||
| Pyramid Technoplast Limited | |||
| Ricinash Renewable Materials Private Limited | |||
| Harmony Building Automation Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Dai-Ichi Karkaria Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Dai-Ichi Karkaria has 1 subsidiary company and 1 joint venture. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Dai-Ichi Goseichemicals (India) Ltd | U24100MH1991PLC059922 |
To see the full group structure of Dai-Ichi Karkaria Limited, buy the company report.
Employees & EPFO
Dai-Ichi Karkaria Limited has a workforce of 179 employees on its EPFO records as of Apr 06, 2024, across 2 active EPFO establishments.
GST
Dai-Ichi Karkaria has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACD0548F1Z6 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dai-Ichi Karkaria Limited, buy the company report.
Recent activity
Dai-Ichi Karkaria Limited has 23 board changes on record since 1961: 15 appointments and 8 cessations. The latest: Cyrus Adi Bagwadia ceased to be Director on 23 Jan 2025.
95 earlier events are in the company report.
News
Frequently asked questions
Dai-Ichi Karkaria is an active public limited company based in Mumbai, Maharashtra, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 13 May 1960 (66+ years old) and is registered under CIN L24100MH1960PLC011681. Listed on BSE: 526821 and NSE: DAICHI.
Dai-Ichi Karkaria reported revenue of ₹161.3 Cr for FY 2025-26 (down 11.1% YoY) based on consolidated financials.
Dai-Ichi Karkaria has 6 current directors:
- Meher Vakil Taff - Managing Director
- Shernaz Firoze Vakil - Whole-Time Director
- Adi Hirji Jehangir - Director
- Ashok Vishwanath Hiremath - Director
- Srinivasan Vishwanathan - Director
- Behram Maneck Sorabji - Director
The latest financial statements of Dai-Ichi Karkaria on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 20 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Dai-Ichi Karkaria is 24AAACD0548F1Z6, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Dai-Ichi Karkaria is L24100MH1960PLC011681. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Dai-Ichi Karkaria is a listed company as per MCA records. Its shares are listed on both BSE (code: 526821) and NSE (symbol: DAICHI).
Dai-Ichi Karkaria has 98 court cases on record: 61 filed by the company and 37 filed against it. 15 are pending. Most are in the high courts.
Dai-Ichi Karkaria was incorporated on 13 May 1960, making it 66+ years old. It is registered with the Registrar of Companies, Mumbai.
Dai-Ichi Karkaria has 24 deals on record (12 market trades, 12 secondary share transfers); the latest was in January 2024.
The peers of Dai-Ichi Karkaria by revenue are Alchemie Finechem Private Limited, Premcem Gums Private Limited, Agarwal Aromas Private Limited, Daffodil Pharmachem Private Limited, Advy Biosciences Private Limited and 1 more, all in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Cyrus Adi Bagwadia ceased to be Director on 23 Jan 2025. Srinivasan Vishwanathan was appointed as Director on 23 Jan 2025. Kavas Dara Patel ceased to be Director on 22 Sep 2023. Dai-Ichi Karkaria has 23 board changes on record in total.

