About D C W Limited
Data last updated:
D C W Limited is a public limited company based in Dhrangsadhra, Gujarat, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 28 January 1939 and has been in existence for over 87 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L24110GJ1939PLC000748. Its GSTIN is 24AAACD0559N1ZM (Gujarat). The company holds 3 GST registrations, of which 2 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 500117 and NSE: DCW.
The company has an authorised share capital of ₹80.1 Cr and a paid-up capital of ₹59.03 Cr. It was formerly known as Dhrangadhra Chemical Works Limited. It is led by directors including Vivek Shashichand Jain (Managing Director) and Bakul Premchand Jain (Managing Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Dhrangadhra, Dhrangsadhra, Gujarat, India – 363310.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹2,143.59 Cr, a growth of 7.2% compared to the previous year. For the same year it recorded a net profit of ₹49.94 Cr (net margin 2.3%) and EBITDA of ₹221.57 Cr (EBITDA margin 10.3%). The net worth stands at ₹1,074.81 Cr (up 4.1% YoY). Total assets are valued at ₹1,403.37 Cr (down 6.7% YoY).
The company is associated with 1 brand: DCW. As per MCA filings, the company has open charges of ₹1,292.62 Cr and satisfied charges of ₹2,435.69 Cr on record. Court records list 344 cases involving the company, including 205 filed by the company and 139 filed against it; 32 cases are pending. The company has 56 deals on record (46 market trades, 7 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹552.64 Cr; the latest was in October 2024. Its 7 peer companies in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 3 larger and 4 smaller; the largest is Epigral Limited with revenue of ₹2,565.34 Cr. The company has 49 MSME Form 1 returns on record between 2015 and 2024, listing 663 overdue payments to 102 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 dcwltd.com.
Company details
Contact details
D C W Limited's registered office is in Dhrangsadhra, Gujarat. Its website is dcwltd.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressDhrangadhra, Dhrangsadhra, Gujarat, India – 363310
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of D C W 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
D C W operates one associated brand: DCW. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of PVC resin, caustic soda, and liquid chlorine | dcwltd.com |
Business activity
The main business activity of D C W 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 D C W Limited, buy the company report.
Financials of D C W Limited
FY 2025-26 filings availableD C W Limited reported revenue of ₹2,143.59 Cr (up 7.2% YoY) for FY 2025-26.
Financial Highlights
FY 2014-15 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2014-15 | FY 2013-14 | FY 2012-13 |
|---|---|---|---|
| Income statement | |||
| Revenue | 1,254 | 1,326 | 1,328 |
| Revenue growth | -5.4% | -0.2% | - |
| EBITDA | 60.46 | 129 | 243 |
| EBITDA margin | +4.8% | +9.7% | +18.3% |
| Profit before tax | (4.76) | 52.19 | 160 |
| Net profit | (4.09) | 38.33 | 109 |
| Net profit margin | -0.3% | +2.9% | +8.2% |
| EPS (₹) | 0.00 | 1.74 | 4.94 |
| Balance sheet | |||
| Total assets | 1,375 | 1,237 | 1,080 |
| Net worth | 560 | 556 | 528 |
| Total debt | 779 | 671 | 544 |
| Cash & bank | 5.76 | 3.45 | 5.27 |
| Net working capital | (22.94) | (54.65) | 61.75 |
| Cash flow | |||
| Cash from operations | 68.60 | 232 | 206 |
| Cash from investing | (157) | (325) | (261) |
| Cash from financing | 89.26 | 91.95 | 52.76 |
| 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 | 2,144 | 2,000 | 1,872 | 2,634 | 2,455 | 1,464 | 1,277 |
| Revenue growth | +7.2% | +6.9% | -28.9% | +7.3% | +67.6% | +14.6% | - |
| EBITDA | 222 | 193 | 174 | 428 | 325 | 209 | 146 |
| EBITDA margin | +10.3% | +9.7% | +9.3% | +16.3% | +13.2% | +14.3% | +11.5% |
| Profit before tax | 74.61 | 49.14 | 25.34 | 274 | 143 | 13.68 | (39.66) |
| Net profit | 49.94 | 29.50 | 16.80 | 160 | 99.63 | 3.80 | (26.01) |
| Net profit margin | +2.3% | +1.5% | +0.9% | +6.1% | +4.1% | +0.3% | -2.0% |
| EPS (₹) | 1.63 | 1.02 | 0.53 | 6.50 | 4.12 | 0.15 | (1.03) |
| Balance sheet | |||||||
| Total assets | 1,403 | 1,504 | 1,521 | 1,585 | 1,426 | 1,373 | 1,317 |
| Net worth | 1,075 | 1,033 | 1,032 | 1,025 | 802 | 687 | 678 |
| Total debt | 290 | 427 | 439 | 508 | 556 | 624 | 605 |
| Cash & bank | 204 | 215 | 169 | 168 | 112 | 122 | 50.17 |
| Net working capital | 194 | 261 | 233 | 314 | 123 | (29.63) | (124) |
| Cash flow | |||||||
| Cash from operations | 278 | 191 | 252 | 226 | 178 | 218 | 170 |
| Cash from investing | (63.30) | (112) | (98.63) | (165) | 51.56 | (77.85) | (42.98) |
| Cash from financing | (221) | (77.65) | (153) | (139) | (192) | (98.53) | (119) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 542 | 609 | 520 | 539 | 476 | 538 | 474 | 489 |
| Revenue growth (YoY) | +14.0% | +13.2% | +9.6% | +10.3% | -4.8% | - | - | - |
| Other income | 5.65 | 5.61 | 4.83 | 4.62 | 4.03 | 5.91 | 4.78 | 6.01 |
| Total expenses | 506 | 544 | 475 | 481 | 422 | 482 | 417 | 453 |
| EBITDA | 35.76 | 64.58 | 45.23 | 58.02 | 53.73 | 55.73 | 56.99 | 35.43 |
| EBITDA margin | +6.6% | +10.6% | +8.7% | +10.8% | +11.3% | +10.4% | +12.0% | +7.2% |
| Depreciation | 26.26 | 26.42 | 26.34 | 26.05 | 25.02 | 25.24 | 25.29 | 24.84 |
| Interest | 14.80 | 15.40 | 16.20 | 15.54 | 15.07 | 15.76 | 16.23 | 18.38 |
| Profit before tax | 0.35 | 28.37 | 7.52 | 21.05 | 17.67 | 20.64 | 20.25 | (1.78) |
| Tax | (34.19) | 10.29 | 2.63 | 7.24 | 6.28 | 9.36 | 6.82 | (0.53) |
Financial Statements
| Particulars | FY 2014-15 | FY 2013-14 | FY 2012-13 |
|---|---|---|---|
| Revenue | 1,254 | 1,326 | 1,328 |
| Revenue growth | -5.4% | -0.2% | - |
| Other income | 5.47 | 1.31 | 2.89 |
| Total expenses | 1,194 | 1,197 | 1,085 |
| Employee cost | 87.35 | 78.21 | 74.17 |
| EBITDA | 60.46 | 129 | 243 |
| EBITDA margin | +4.8% | +9.7% | +18.3% |
| Depreciation | 52.00 | 51.02 | 52.91 |
| Interest | 18.69 | 27.03 | 32.13 |
| Profit before tax | (4.76) | 52.19 | 160 |
| Tax | 1.16 | 14.32 | 55.53 |
| Net profit | (4.09) | 38.33 | 109 |
| Net profit margin | -0.3% | +2.9% | +8.2% |
| EPS (₹) | 0.00 | 1.74 | 4.94 |
| Particulars | FY 2014-15 | FY 2013-14 | FY 2012-13 |
|---|---|---|---|
| Equity & liabilities | |||
| Share capital | 42.70 | 41.96 | 41.96 |
| Reserves & surplus | 517 | 515 | 486 |
| Shareholders' funds (net worth) | 560 | 556 | 528 |
| Minority interest | 0.00 | 0.00 | 0.00 |
| Secured loans | 779 | 671 | 544 |
| Unsecured loans | 0.00 | 0.00 | 0.00 |
| Total debt | 779 | 671 | 544 |
| Total liabilities | 1,375 | 1,237 | 1,080 |
| Assets | |||
| Gross block | 1,185 | 1,161 | 1,113 |
| Net block | 635 | 661 | 664 |
| Capital work in progress | 849 | 718 | 442 |
| Investments | 0.00 | 0.27 | 0.27 |
| Inventories | 166 | 204 | 231 |
| Sundry debtors | 94.58 | 94.31 | 92.80 |
| Cash & bank balances | 5.76 | 3.45 | 5.27 |
| Loans & advances | 67.47 | 80.76 | 89.64 |
| Total current assets | 333 | 382 | 419 |
| Total current liabilities | 356 | 437 | 357 |
| Net working capital | (22.94) | (54.65) | 61.75 |
| Total assets | 1,375 | 1,237 | 1,080 |
| Particulars | FY 2014-15 | FY 2013-14 | FY 2012-13 |
|---|---|---|---|
| Opening cash | 1.67 | 3.17 | 4.91 |
| Net cash from operating activities | 68.60 | 232 | 206 |
| Net cash from investing activities | (157) | (325) | (261) |
| Net cash from financing activities | 89.26 | 91.95 | 52.76 |
| Net change in cash | 0.79 | (1.50) | (1.74) |
| Closing cash | 5.76 | 3.45 | 5.27 |
| Particulars | FY 2014-15 | FY 2013-14 | FY 2012-13 |
|---|---|---|---|
| Growth | |||
| Sales growth | -5.4% | -0.2% | - |
| EBITDA growth | -53.1% | -46.9% | - |
| PBT growth | - | -67.5% | +9997.0% |
| Net income growth | -110.7% | -64.8% | - |
| Profitability & leverage | |||
| Net income margin | -0.5% | +2.9% | +7.9% |
| Return on capital employed | +1.2% | +6.9% | +19.8% |
| Return on net worth | -0.7% | +7.1% | +22.4% |
| Debt / equity | 1.32 | 1.14 | 1.06 |
| Long-term debt / equity | 1.05 | 0.91 | 0.73 |
| Interest cover | 220.92 | 34.69 | 16.94 |
| Efficiency & per share | |||
| Fixed asset turnover | 1.19 | 1.29 | 1.29 |
| Inventory turnover | 7.50 | 6.71 | 7.39 |
| Debtors turnover | 14.65 | 15.60 | 17.26 |
| EPS (₹) | 0.00 | 1.74 | 4.94 |
| Dividend per share (₹) | 0.00 | 0.36 | 0.36 |
| Book value per share (₹) | 25.90 | 26.16 | 24.77 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 542 | 609 | 520 | 539 | 476 | 538 | 474 | 489 |
| Revenue growth (YoY) | +14.0% | +13.2% | +9.6% | +10.3% | -4.8% | - | - | - |
| Other income | 5.65 | 5.61 | 4.83 | 4.62 | 4.03 | 5.91 | 4.78 | 6.01 |
| Total expenses | 506 | 544 | 475 | 481 | 422 | 482 | 417 | 453 |
| EBITDA | 35.76 | 64.58 | 45.23 | 58.02 | 53.73 | 55.73 | 56.99 | 35.43 |
| EBITDA margin | +6.6% | +10.6% | +8.7% | +10.8% | +11.3% | +10.4% | +12.0% | +7.2% |
| Depreciation | 26.26 | 26.42 | 26.34 | 26.05 | 25.02 | 25.24 | 25.29 | 24.84 |
| Interest | 14.80 | 15.40 | 16.20 | 15.54 | 15.07 | 15.76 | 16.23 | 18.38 |
| Profit before tax | 0.35 | 28.37 | 7.52 | 21.05 | 17.67 | 20.64 | 20.25 | (1.78) |
| Tax | (34.19) | 10.29 | 2.63 | 7.24 | 6.28 | 9.36 | 6.82 | (0.53) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,144 | 2,000 | 1,872 | 2,634 | 2,455 | 1,464 | 1,277 |
| Revenue growth | +7.2% | +6.9% | -28.9% | +7.3% | +67.6% | +14.6% | - |
| Other income | 19.08 | 23.10 | 18.25 | 62.20 | 20.01 | 11.33 | 8.54 |
| Total expenses | 1,922 | 1,807 | 1,697 | 2,205 | 2,130 | 1,255 | 1,131 |
| Employee cost | 182 | 161 | 152 | 182 | 156 | 133 | 123 |
| EBITDA | 222 | 193 | 174 | 428 | 325 | 209 | 146 |
| EBITDA margin | +10.3% | +9.7% | +9.3% | +16.3% | +13.2% | +14.3% | +11.5% |
| Depreciation | 104 | 99.93 | 93.79 | 90.16 | 88.53 | 87.37 | 87.21 |
| Interest | 62.21 | 67.25 | 73.51 | 126 | 113 | 120 | 107 |
| Profit before tax | 74.61 | 49.14 | 25.34 | 274 | 143 | 13.68 | (39.66) |
| Tax | 26.44 | 19.08 | 9.68 | 82.43 | 35.74 | 9.88 | (12.90) |
| Net profit | 49.94 | 29.50 | 16.80 | 160 | 99.63 | 3.80 | (26.01) |
| Net profit margin | +2.3% | +1.5% | +0.9% | +6.1% | +4.1% | +0.3% | -2.0% |
| EPS (₹) | 1.63 | 1.02 | 0.53 | 6.50 | 4.12 | 0.15 | (1.03) |
| 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 | 59.03 | 59.03 | 59.03 | 59.03 | 52.21 | 52.21 | 52.21 |
| Reserves & surplus | 1,016 | 974 | 973 | 966 | 737 | 630 | 626 |
| Shareholders' funds (net worth) | 1,075 | 1,033 | 1,032 | 1,025 | 802 | 687 | 678 |
| Secured loans | 241 | 426 | 436 | 505 | 552 | 577 | 561 |
| Unsecured loans | 49.25 | 1.46 | 2.60 | 3.42 | 4.28 | 47.44 | 43.96 |
| Total debt | 290 | 427 | 439 | 508 | 556 | 624 | 605 |
| Total liabilities | 1,403 | 1,504 | 1,521 | 1,585 | 1,426 | 1,373 | 1,317 |
| Assets | |||||||
| Gross block | 2,225 | 2,097 | 2,046 | 1,945 | 1,913 | 1,886 | 1,860 |
| Net block | 1,304 | 1,270 | 1,312 | 1,296 | 1,352 | 1,407 | 1,467 |
| Capital work in progress | 21.60 | 56.34 | 41.04 | 59.65 | 8.10 | 3.81 | 12.47 |
| Investments | 19.80 | 26.53 | 19.70 | 0.01 | 0.01 | 0.01 | 0.01 |
| Inventories | 309 | 428 | 377 | 345 | 247 | 169 | 177 |
| Sundry debtors | 142 | 98.52 | 114 | 133 | 116 | 95.20 | 72.68 |
| Cash & bank balances | 204 | 215 | 169 | 168 | 112 | 122 | 50.17 |
| Loans & advances | 60.75 | 45.96 | 30.31 | 41.75 | 51.73 | 24.44 | 38.01 |
| Total current assets | 716 | 787 | 691 | 688 | 528 | 411 | 338 |
| Total current liabilities | 522 | 526 | 458 | 374 | 405 | 441 | 462 |
| Net working capital | 194 | 261 | 233 | 314 | 123 | (29.63) | (124) |
| Total assets | 1,403 | 1,504 | 1,521 | 1,585 | 1,426 | 1,373 | 1,317 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 11.48 | 10.78 | 9.91 | 87.67 | 50.01 | 8.70 | 1.15 |
| Net cash from operating activities | 278 | 191 | 252 | 226 | 178 | 218 | 170 |
| Net cash from investing activities | (63.30) | (112) | (98.63) | (165) | 51.56 | (77.85) | (42.98) |
| Net cash from financing activities | (221) | (77.65) | (153) | (139) | (192) | (98.53) | (119) |
| Net change in cash | (6.54) | 0.70 | 0.81 | (77.75) | 37.66 | 41.30 | 7.55 |
| Closing cash | 204 | 215 | 169 | 168 | 112 | 122 | 50.17 |
| 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 | +7.2% | +6.9% | -28.9% | +7.3% | +67.6% | +14.6% | - |
| EBITDA growth | +14.7% | +10.8% | -59.3% | +31.9% | +55.1% | +43.0% | - |
| PBT growth | +51.8% | +93.9% | -90.8% | +91.6% | +947.2% | +9998.0% | -81.3% |
| Net income growth | +69.3% | +75.6% | -89.5% | +60.3% | +2521.8% | +114.6% | - |
| Revenue CAGR (3Y) | -6.6% | -6.6% | +8.5% | +27.3% | +22.0% | +7.2% | +2.8% |
| EBITDA CAGR (3Y) | -19.7% | -15.9% | -5.9% | +43.0% | +26.1% | +18.5% | +0.5% |
| Profitability & leverage | |||||||
| Net income margin | +2.3% | +1.5% | +0.8% | +7.3% | +4.4% | +0.3% | -2.1% |
| Return on capital employed | +9.4% | +7.7% | +6.4% | +23.5% | +18.3% | +9.9% | +5.1% |
| Return on net worth | +4.6% | +2.9% | +1.5% | +17.5% | +14.4% | +0.6% | -4.1% |
| Debt / equity | 0.34 | 0.42 | 0.46 | 0.58 | 0.79 | 0.90 | 0.98 |
| Long-term debt / equity | 0.15 | 0.24 | 0.32 | 0.45 | 0.65 | 0.73 | 0.65 |
| Interest cover | 52.84 | 72.09 | 91.20 | 37.27 | 47.85 | 98.07 | 181.35 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.99 | 0.97 | 0.94 | 1.37 | 1.29 | 0.78 | 0.69 |
| Inventory turnover | 5.82 | 4.98 | 5.19 | 8.90 | 11.80 | 8.46 | 8.53 |
| Debtors turnover | 17.82 | 18.81 | 15.15 | 21.13 | 23.19 | 17.44 | 17.45 |
| EPS (₹) | 1.63 | 1.02 | 0.53 | 6.50 | 4.12 | 0.15 | (1.03) |
| Dividend per share (₹) | 0.00 | 0.10 | 0.00 | 0.50 | 0.40 | 0.00 | 0.00 |
| Book value per share (₹) | 36.42 | 34.99 | 34.96 | 34.73 | 30.23 | 26.12 | 25.97 |
To see the full year-wise statements and ratios of D C W Limited, buy the company report.
Board of directors of D C W Limited
D C W has 6 current directors and 23 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Shashichand Jain | Managing Director | 01 Mar 2014 | 12 Years 7 Months | Current |
| Bakul Premchand Jain Also directs: Jain Sahu Brothers Properties LLP, Canvas Shoe Co (Goa) Private Limited, DCW Pigments Limited and 4 more | Managing Director | 27 Jul 2011 | 15 Years 2 Months | Current |
| Krishnamoorthy Krishnan Also directs: Rexnord Electronics and Controls Limited | Director | 22 May 2018 | 8 Years 5 Months | Current |
| Ashish Pramodkumar Jain | Managing Director | 01 Nov 2024 | 1 Years 11 Months | Current |
| Poornima Kamalaksh Prabhu | Director | 27 Sep 2024 | 2 Years 0 Months | Current |
| Adhiraj Anil Harish Also directs: D. M. Harish & Co. LLP, Anshu Foundation | Additional Director | 28 Jun 2026 | 0 Years 3 Months | Current |
Peer comparison
D C W Limited is compared with the 7 companies closest to it by revenue in the Chemicals industry (Industrial 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 |
|---|---|---|---|---|---|---|
| Epigral Limited | ₹2,565.34 Cr (FY 2025) | 33.0% | Ahmedabad, Gujarat, India | |||
| Navin Fluorine International Limited | ₹2,393.11 Cr (FY 2025) | 13.0% | Mumbai, Maharashtra, India | |||
| D C W Limitedthis company | ₹2,143.59 Cr (FY 2026) | ₹49.94 Cr | 2.3% | 7.2% | Dhrangsadhra, Gujarat, India | |
| Sud Chemie India Private Limited | ₹2,029.17 Cr (FY 2025) | -13.0% | Ernakulam, Kerala, India | |||
| Tamilnadu Petroproducts Limited | ₹1,854.93 Cr (FY 2025) | 9.0% | Chennai, Tamil Nadu, India | |||
| Madhu Silica Private Limited | ₹1,820.79 Cr (FY 2025) | 11.0% | Bhavangar, Gujarat, India | |||
| Sigma Aldrich Chemicals Private Limited | ₹1,792.86 Cr (FY 2025) | 14.0% | Bangalore, Karnataka, India | |||
| Silox India Private Limited | ₹1,629.82 Cr (FY 2025) | 6.0% | Vadodara, Gujarat, India |
To see the full peer comparison of D C W Limited, buy the company report.
Auditor
D C W Limited is audited by M/s. Chhajed & Doshi for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M/s. Chhajed & Doshi | FY 2022 | 101794W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 45.60%, foreign institutional investors hold 6.10%, domestic institutional investors hold 0.10% and retail and other public shareholders hold 48.20%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 45.60% | 45.40% | 45.10% | 44.60% |
| Public | 54.40% | 54.60% | 54.90% | 55.40% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jun 2026 | 101311393 | Others | ₹67.5 Cr | Open | |
| 17 Dec 2025 | 101210133 | Others | ₹110 Cr | Open | |
| 03 Dec 2025 | 101206777 | City Union Bank Limited | ₹51 Lakh | Open | |
| 30 Nov 2025 | 101217044 | Others | ₹1.07 Cr | Open | |
| 28 Jul 2025 | 101139372 | City Union Bank Limited | ₹32 Lakh | Open |
To see the full charge records of D C W Limited, buy the company report.
Total charge records: 64 View all charges
Deals & funding
D C W Limited has 56 deals on record (46 market trades, 7 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹552.64 Cr; the latest was in October 2024.
Deals on record (5 of 56)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2024 | Market trade | ₹24.21 Cr | Buyer: Hrti Private Limited Seller: Hrti Private Limited |
| Sep 2024 | Market trade | ₹38.3 Cr | Buyer: Graviton Research Capital LLP , Hrti Private Limited Seller: Graviton Research Capital LLP , Hrti Private Limited |
| Sep 2024 | Market trade | ₹15.58 Cr | Buyer: Hrti Private Limited Seller: Hrti Private Limited |
| Sep 2024 | Market trade | ₹20.6 Cr | Buyer: Hrti Private Limited Seller: Hrti Private Limited |
| Aug 2024 | Market trade | ₹76.02 Cr | Buyer: Hrti Private Limited , Graviton Research Capital LLP , Jainam Broking Limited Seller: Hrti Private Limited , Graviton Research Capital LLP , Qe Securities LLP |
To see the full deal history of D C W 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
D C W Limited has 344 court cases on record: 205 filed by D C W, 139 filed against it. 32 cases are pending and 312 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 224 | 70 | 28 |
| District courts | 96 | 57 | 0 |
| Supreme Court | 21 | 10 | 3 |
| NCLT | 2 | 1 | 1 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 344)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Court case (WA(MD)) | Filed against the company by The Government of Tamilnadu | Pending |
| Madras High Court | Civil miscellaneous application | Filed against the company by The Government of Tamilnadu | Pending |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed by the company against Epigral Limited | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by Kilburn Engineering Ltd | Pending |
| Madras High Court | Civil miscellaneous application | Filed against the company by The Government of Tamilnadu | Disposed |
To see the full case history of D C W 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
D C W Limited was last rated by Indiarating on 17 Jun 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 17 Jun 2021 |
To see the full credit ratings and regulatory alerts of D C W Limited, buy the company report.
MSME payment delays
D C W Limited has 49 MSME Form 1 returns on record between 2015 and 2024, listing 663 overdue payments to 102 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 102)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| RJ Enviro Energy | |||
| Kronos Enterprises LLP | |||
| an individual supplier |
To see the full MSME payment records of D C W Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
D C W has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACD0559N1ZM | Gujarat | Active | 01 Jul 2017 |
| 33AAACD0559N1ZN | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of D C W Limited, buy the company report.
Recent activity
D C W Limited has 41 board changes on record since 1969: 25 appointments and 16 cessations. The latest: Adhiraj Anil Harish was appointed as Additional Director on 28 Jun 2026.
176 earlier events are in the company report.
News
Frequently asked questions
D C W is an active public limited company based in Dhrangsadhra, Gujarat, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 28 January 1939 (87+ years old) and is registered under CIN L24110GJ1939PLC000748. Listed on BSE: 500117 and NSE: DCW.
D C W reported revenue of ₹2,143.59 Cr for FY 2025-26 (up 7.2% YoY) based on standalone financials.
D C W has 6 current directors:
- Vivek Shashichand Jain - Managing Director
- Bakul Premchand Jain - Managing Director
- Ashish Pramodkumar Jain - Managing Director
- Krishnamoorthy Krishnan - Director
- Poornima Kamalaksh Prabhu - Director
- Adhiraj Anil Harish - Additional Director
The latest financial statements of D C W on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of D C W is 24AAACD0559N1ZM, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 33AAACD0559N1ZN (Tamil Nadu).
The CIN (Corporate Identification Number) of D C W is L24110GJ1939PLC000748. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. D C W is a listed company as per MCA records. Its shares are listed on both BSE (code: 500117) and NSE (symbol: DCW).
D C W has 344 court cases on record: 205 filed by the company and 139 filed against it. 32 are pending. Most are in the high courts.
D C W was incorporated on 28 January 1939, making it 87+ years old. It is registered with the Registrar of Companies, Ahmedabad.
D C W has 56 deals on record (46 market trades, 7 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹552.64 Cr; the latest was in October 2024.
The peers of D C W by revenue are Epigral Limited, Navin Fluorine International Limited, Sud Chemie India Private Limited, Tamilnadu Petroproducts Limited, Madhu Silica Private Limited and 2 more, all in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Adhiraj Anil Harish was appointed as Additional Director on 28 Jun 2026. Ashish Pramodkumar Jain was appointed as Managing Director on 01 Nov 2024. Pramodkumar Shriyansprasad Jain ceased to be Managing Director on 31 Oct 2024. D C W has 41 board changes on record in total.