DIC India Limited

NSEI:DICIND Stock Report

Market Cap: ₹4.8b

DIC India Past Earnings Performance

Past criteria checks 3/6

DIC India's earnings have been declining at an average annual rate of -26%, while the Chemicals industry saw earnings growing at 6.5% annually. Revenues have been growing at an average rate of 5.5% per year. DIC India's return on equity is 4.4%, and it has net margins of 2.1%.

Key information

-25.96%

Earnings growth rate

-25.98%

EPS growth rate

Chemicals Industry Growth17.68%
Revenue growth rate5.54%
Return on equity4.44%
Net Margin2.05%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Analysis Article • Jan 22

Pinning Down DIC India Limited's (NSE:DICIND) P/E Is Difficult Right Now

There wouldn't be many who think DIC India Limited's ( NSE:DICIND ) price-to-earnings (or "P/E") ratio of 23.4x is...
Analysis Article • Oct 22

Here's What To Make Of DIC India's (NSE:DICIND) Decelerating Rates Of Return

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...
Analysis Article • Aug 15

DIC India Limited (NSE:DICIND) Held Back By Insufficient Growth Even After Shares Climb 33%

Despite an already strong run, DIC India Limited ( NSE:DICIND ) shares have been powering on, with a gain of 33% in the...
Analysis Article • Jun 21

Revenues Working Against DIC India Limited's (NSE:DICIND) Share Price

You may think that with a price-to-sales (or "P/S") ratio of 0.6x DIC India Limited ( NSE:DICIND ) is a stock worth...
Analysis Article • Mar 16

Here's Why Shareholders May Want To Be Cautious With Increasing DIC India Limited's (NSE:DICIND) CEO Pay Packet

Key Insights DIC India's Annual General Meeting to take place on 22nd of March Total pay for CEO Manish Bhatia includes...
Analysis Article • Dec 07

DIC India (NSE:DICIND) Is Experiencing Growth In Returns On Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article • May 16

Returns On Capital Are Showing Encouraging Signs At DIC India (NSE:DICIND)

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...
Analysis Article • Feb 27

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...
Analysis Article • Feb 13

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...
Analysis Article • Dec 20

Returns On Capital At DIC India (NSE:DICIND) Paint A Concerning Picture

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...
Analysis Article • Jun 01

DIC India (NSE:DICIND) May Have Issues Allocating Its Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article • Mar 31

Is DIC India Limited (NSE:DICIND) An Attractive Dividend Stock?

Today we'll take a closer look at DIC India Limited ( NSE:DICIND ) from a dividend investor's perspective. Owning a...
Analysis Article • Mar 05

Why You Might Be Interested In DIC India Limited (NSE:DICIND) For Its Upcoming Dividend

Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
Analysis Article • Feb 21

We're Watching These Trends At DIC India (NSE:DICIND)

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...
Analysis Article • Feb 03

Is DIC India Limited's (NSE:DICIND) Latest Stock Performance Being Led By Its Strong Fundamentals?

DIC India's (NSE:DICIND) stock is up by 8.7% over the past three months. Given that the market rewards strong...
Analysis Article • Jan 13

DIC India's (NSE:DICIND) Stock Price Has Reduced 34% In The Past Five Years

Ideally, your overall portfolio should beat the market average. But in any portfolio, there will be mixed results...
Analysis Article • Dec 22

The Case For DIC India Limited (NSE:DICIND): Could It Be A Nice Addition To Your Dividend Portfolio?

Dividend paying stocks like DIC India Limited ( NSE:DICIND ) tend to be popular with investors, and for good reason...
Analysis Article • Dec 01

We Think DIC India (NSE:DICIND) Can Manage Its Debt With Ease

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Nov 10

DIC India Limited's (NSE:DICIND) Price Is Right But Growth Is Lacking

With a price-to-earnings (or "P/E") ratio of 3.8x DIC India Limited (NSE:DICIND) may be sending very bullish signals...
Analysis Article • Oct 20

Our Take On The Returns On Capital At DIC India (NSE:DICIND)

What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...
Analysis Article • Sep 20

DIC India Limited's (NSE:DICIND) Stock Has Shown A Decent Performance: Have Financials A Role To Play?

DIC India's (NSE:DICIND) stock up by 7.7% over the past three months. Given that stock prices are usually aligned with...
Analysis Article • Aug 30

Does DIC India (NSE:DICIND) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • Aug 12

Here's Why We Don't Think DIC India's (NSE:DICIND) Statutory Earnings Reflect Its Underlying Earnings Potential

As a general rule, we think profitable companies are less risky than companies that lose money. That said, the current...
Analysis Article • Aug 12

Would DIC India Limited (NSE:DICIND) Be Valuable To Income Investors?

Dividend paying stocks like DIC India Limited (NSE:DICIND) tend to be popular with investors, and for good reason...
Analysis Article • Jul 22

Will DIC India's (NSE:DICIND) Growth In ROCE Persist?

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep...
Analysis Article • Jun 17

If You Had Bought DIC India (NSE:DICIND) Stock Three Years Ago, You'd Be Sitting On A 40% Loss, Today

In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...

Revenue & Expenses Breakdown

How DIC India makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NSEI:DICIND Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 269,2661908050
31 Dec 258,9581747930
30 Sep 258,8402007500
31 Mar 258,9901797460
31 Dec 248,8741957270
30 Sep 248,708527630
30 Jun 248,661-1067760
31 Mar 248,305-1947870
31 Dec 238,330-2278170
30 Sep 238,594-1248110
30 Jun 238,675308110
31 Mar 238,7623968100
31 Dec 228,7744107980
30 Sep 228,6034108150
30 Jun 228,2444248100
31 Mar 227,7451028080
31 Dec 217,4751248000
30 Sep 216,9581448040
30 Jun 216,6141477950
31 Mar 216,1428807820
31 Dec 206,1128597860
30 Sep 206,3128808210
30 Jun 206,7358528110
31 Mar 207,6401518010
31 Dec 197,9341847680
30 Sep 198,2871597180
30 Jun 198,5191087050
31 Mar 198,466-186970
31 Dec 188,394-936950
30 Sep 188,081-1816630
30 Jun 187,857-1626670
31 Mar 187,633-1366580
31 Dec 177,394-1186450
30 Sep 177,208-376780
30 Jun 177,078286660
31 Mar 177,0621496530
31 Dec 167,0712286380
30 Sep 167,2282596070
30 Jun 167,3832965800
31 Mar 167,4413125520
31 Dec 157,4892975320
30 Sep 157,3512309710

Quality Earnings: DICIND has high quality earnings.

Growing Profit Margin: DICIND's current net profit margins (2.1%) are higher than last year (2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: DICIND's earnings have declined by 26% per year over the past 5 years.

Accelerating Growth: DICIND's earnings growth over the past year (6.1%) exceeds its 5-year average (-26% per year).

Earnings vs Industry: DICIND earnings growth over the past year (6.1%) did not outperform the Chemicals industry 13.6%.

Return on Equity

High ROE: DICIND's Return on Equity (4.4%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/07 16:17
End of Day Share Price 2026/07/07 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

DIC India Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Anil BurraFirstCall Research