| Metric | Value (₹ Cr) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 539.21 | 13.4% | 10.3% |
| Total Income | 543.83 | 13.4% | 9.9% |
| Expenditure | 522.78 | 13.2% | 5.3% |
| PBT | 21.05 | 19.2% | 1283.3% |
| Net Profit | 13.81 | 21.2% | 1208.1% |
| OPM | 10.76% | 0.54pp | 21.20pp |
| NPM | 2.54% | 0.16pp | 2.79pp |
| EPS | 0.47 | 20.5% | 1275.0% |
DCW Limited Q2 FY26 EBITDA Surges 51% YoY; H1 PAT Rises 360%
05 Nov 2025 · 5 Nov 2025, 07:03 pm
Summary
DCW Limited, a leading chemical manufacturer, announced its unaudited standalone financial results for the second quarter (Q2) and half year (H1) ended 30 September 2025. Q2 FY2026 revenue from operations rose by 10.33% year-on-year (YoY) to 7539.21 crore, with Profit After Tax (PAT) registering a significant turnaround to =13.81 crore, up 21.22% sequentially. For the first half (H1) of FY2026, revenue from operations stood at 1,014.71 crore, marking a 2.67% YoY increase, while H1 PAT surged nearly 360% to %25.20 crore.
Key Highlights
- 1
Revenue from Operations grew by 10.33% YoY (539.21 crore vs. 488.74 crore) and 13.40% quarter-on- quarter (QoQ) (539.21 crore vs. ¥475.50 crore).
- 2
EBITDA increased significantly by 51.17% YoY to 62.64 crore (Q2 FY2025: =41.44 crore), demonstrating substantial operational leverage and margin improvement.
- 3
Q2 PAT registered a strong turnaround to %13.81 crore (Q2 FY2025: loss of ¥1.25 crore) and rose 21.22% QoQ (Q1 FY2026: =11.39 crore).
- 4
H1 Revenue increased by 2.67% YoY to 1,014.71 crore (H1 FY2025: 7988.26 crore).
- 5
H1 EBITDA grew by 29.46% YoY to 120.40 crore (H1 FY2025: %93.00 crore), leading to an improved EBITDA margin of 11.87%.
Management Comments
Mr. Saatvik Jain
President, DCW Limited
Our robust performance in the first half of FY2026, marked by a substantial recovery in profitability, underscores the effectiveness of our transition strategy. By actively managing operational efficiencies within Basic Chemicals, we have minimized the impact of external headwinds while ensuring output continuity. The Specialty Chemicals segment remains our defined growth engine, characterized by higher margins and strong market positioning in products like CPVC and SIOP. This measured approach across both verticals is structurally enhancing the quality and resilience of our earnings base, allowing us to advance despite global volatility.
Mr. Pradipto Mukherjee
Chief Financial Officer, DCW Limited
The half-year financial results highlight our rigorous focus on capital allocation and cost structure improvement. We achieved significant operational gains, driving a nearly 30% increase in H1 EBITDA and a sharp reduction in finance costs, validating our prudent financial management.
Informational and educational content only. Not investment advice.