StockWatch
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Petrochemicals
AGM/EGM4 Sept 2026, 09:40 pm

DCW Ltd Announces 87th AGM and FY26 Annual Report

AI Summary

DCW Ltd has announced its 87th Annual General Meeting (AGM) scheduled for September 26, 2026. The company also submitted its Annual Report for the Financial Year 2025-26. Despite industry challenges like oversupply and import competition, DCW reported a 7.2% increase in revenue from operations, a 14.7% rise in EBITDA, and a significant 60.1% jump in PAT. This growth was attributed to higher volumes, better utilization, cost management, and reduced finance costs. The company strategically directed incremental PVC volumes towards captive CPVC production to enhance downstream value. Furthermore, DCW strengthened its balance sheet by reducing gross debt by INR 1,500 million, improving its Net Debt to EBITDA ratio to 0.32x, and is considering a capital expenditure of INR 500-800 crore for future growth. The company is also investing in renewable energy and digital transformation initiatives.

Key Highlights

  • AGM scheduled for September 26, 2026, with Annual Report for FY26 released.
  • Revenue up 7.2%, EBITDA up 14.7%, PAT up 60.1% in FY26.
  • Gross debt reduced by INR 1,500 million; Net Debt to EBITDA at 0.32x.
  • Strategic focus on Specialty Chemicals and integrated value chain.
  • Considering INR 500-800 crore capital ambition for future growth.