| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
DICIND Stock Overview
DIC India Limited engages in the manufacture and sale of printing inks in India.
DIC India Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹363.95 |
| 52 Week High | ₹549.90 |
| 52 Week Low | ₹321.15 |
| Beta | 0.57 |
| 1 Month Change | 0.69% |
| 3 Month Change | 1.73% |
| 1 Year Change | -23.75% |
| 3 Year Change | 13.73% |
| 5 Year Change | -30.76% |
| Change since IPO | 173.85% |
Recent News & Updates
DIC India (NSE:DICIND) Is Paying Out Less In Dividends Than Last Year
DIC India Limited ( NSE:DICIND ) is reducing its dividend to ₹5.00 on the 21st of April. However, the dividend yield of...
DIC India's (NSE:DICIND) Dividend Will Be Reduced To ₹5.00
DIC India Limited's ( NSE:DICIND ) dividend is being reduced to ₹5.00 on the 21st of April. This means the annual...
Shareholder Returns
| DICIND | IN Chemicals | IN Market | |
|---|---|---|---|
| 7D | -0.8% | -3.9% | -3.1% |
| 1Y | -23.7% | -3.8% | -2.5% |
Return vs Industry: DICIND underperformed the Indian Chemicals industry which returned -3.8% over the past year.
Return vs Market: DICIND underperformed the Indian Market which returned -2.5% over the past year.
Price Volatility
| DICIND volatility | |
|---|---|
| DICIND Average Weekly Movement | 5.2% |
| Chemicals Industry Average Movement | 6.8% |
| Market Average Movement | 6.9% |
| 10% most volatile stocks in IN Market | 9.8% |
| 10% least volatile stocks in IN Market | 4.5% |
Stable Share Price: DICIND is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: DICIND's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1937 | 492 | Manish Bhatia | https://www.dic.co.in |
DIC India Limited engages in the manufacture and sale of printing inks in India. It operates in two segments, Printing Inks and Lamination Adhesives. The company offers news, offset, gravure, flexographic, and specialty inks; lamination adhesives; packaging solutions; and UV inks and coating products.
DIC India Fundamentals Summary
| DICIND fundamental statistics | |
|---|---|
| Market Cap | ₹3.28b |
| Earnings (TTM) | ₹101.67m |
| Revenue (TTM) | ₹7.75b |
32.3x
P/E Ratio0.4x
P/S RatioIs DICIND overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| DICIND income statement (TTM) | |
|---|---|
| Revenue | ₹7.75b |
| Cost of Revenue | ₹5.84b |
| Gross Profit | ₹1.90b |
| Other Expenses | ₹1.80b |
| Earnings | ₹101.67m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 11.08 |
| Gross Margin | 24.57% |
| Net Profit Margin | 1.31% |
| Debt/Equity Ratio | 1.4% |
How did DICIND perform over the long term?
See historical performance and comparisonDividends
0.8%
Current Dividend Yield27%
Payout RatioValuation
Is DICIND undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for DICIND?
Other financial metrics that can be useful for relative valuation.
| What is DICIND's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | ₹3.28b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.3x |
| Enterprise Value/EBITDA | 11.1x |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does DICIND's PE Ratio compare to its peers?
| DICIND PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 73.6x |
Price-To-Earnings vs Peers: DICIND is good value based on its Price-To-Earnings Ratio (32.3x) compared to the peer average (73.6x).
Price to Earnings Ratio vs Industry
How does DICIND's PE Ratio compare vs other companies in the Indian Chemicals Industry?
Price-To-Earnings vs Industry: DICIND is expensive based on its Price-To-Earnings Ratio (32.3x) compared to the Indian Chemicals industry average (16.2x)
Price to Earnings Ratio vs Fair Ratio
What is DICIND's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 32.3x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate DICIND's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of DICIND when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: DICIND (₹363.95) is trading above our estimate of fair value (₹33.24)
Significantly Below Fair Value: DICIND is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DICIND's PEG Ratio to determine if it is good value.
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Future Growth
How is DIC India forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
17.6%
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as DIC India has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
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- Examine DIC India's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- DIC India competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has DIC India performed over the past 5 years?
Past Performance Score
2/6Past Performance Score 2/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
44.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DICIND has high quality earnings.
Growing Profit Margin: DICIND's current net profit margins (1.3%) are lower than last year (14.3%).
Past Earnings Growth Analysis
Earnings Trend: DICIND's earnings have grown significantly by 44.3% per year over the past 5 years.
Accelerating Growth: DICIND's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DICIND had negative earnings growth (-88.4%) over the past year, making it difficult to compare to the Chemicals industry average (29.6%).
Return on Equity
High ROE: DICIND's Return on Equity (2.6%) is considered low.
Discover strong past performing companies
Financial Health
How is DIC India's financial position?
Financial Health Score
4/6Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: DICIND's short term assets (₹5.0B) exceed its short term liabilities (₹2.2B).
Long Term Liabilities: DICIND's short term assets (₹5.0B) exceed its long term liabilities (₹88.3M).
Debt to Equity History and Analysis
Debt Level: DICIND has more cash than its total debt.
Reducing Debt: DICIND's debt to equity ratio has increased from 0.2% to 1.4% over the past 5 years.
Debt Coverage: DICIND's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: DICIND earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Dividend
What is DIC India current dividend yield, its reliability and sustainability?
Dividend Score
2/6Dividend Score 2/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
0.84%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DICIND's dividend (0.84%) is higher than the bottom 25% of dividend payers in the Indian market (0.44%).
High Dividend: DICIND's dividend (0.84%) is low compared to the top 25% of dividend payers in the Indian market (1.92%).
Stability and Growth of Payments
Stable Dividend: DICIND's dividend payments have been volatile in the past 10 years.
Growing Dividend: DICIND's dividend payments have fallen over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.1%), DICIND's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: DICIND is paying a dividend but the company has no free cash flows.
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Management
How experienced are the management team and are they aligned to shareholders interests?
3.4yrs
Average board tenure
CEO
Manish Bhatia (50 yo)
3.5yrs
Tenure
₹28,527,175
Compensation
Mr. Manish Bhatia has been Chief Executive Officer of DIC India Limited since December 11, 2018 and also serves as its Director since January 30, 2019. Mr. Bhatia serves as Managing Director of DIC India L...
CEO Compensation Analysis
Compensation vs Market: Manish's total compensation ($USD364.67K) is above average for companies of similar size in the Indian market ($USD38.41K).
Compensation vs Earnings: Manish's compensation has been consistent with company performance over the past year.
Board Members
Experienced Board: DICIND's board of directors are considered experienced (3.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
DIC India Limited's employee growth, exchange listings and data sources
Key Information
- Name: DIC India Limited
- Ticker: DICIND
- Exchange: NSEI
- Founded: 1937
- Industry: Specialty Chemicals
- Sector: Materials
- Implied Market Cap: ₹3.285b
- Shares outstanding: 9.18m
- Website: https://www.dic.co.in
Number of Employees
Location
- DIC India Limited
- Fusion Square
- 5 Floor
- Noida
- Uttar Pradesh
- 201303
- India
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/06/23 00:00 |
| End of Day Share Price | 2022/06/23 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.