DIC India Ltd
Incorporated in 1947, DIC India Ltd is in the business of manufacturing Printing Inks, and also provides Lamination Adhesive[1]
- Market Cap ₹ 633 Cr.
- Current Price ₹ 690
- High / Low ₹ 840 / 432
- Stock P/E 28.7
- Book Value ₹ 231
- Dividend Yield 0.58 %
- ROCE 15.2 %
- ROE 10.8 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 17.1%
Cons
- Company has a low return on equity of 10.8% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2005 | Dec 2006 | Dec 2007 | Dec 2008 | Dec 2009 | |
|---|---|---|---|---|---|
| 310 | 373 | 443 | 514 | 503 | |
| 287 | 351 | 412 | 478 | 461 | |
| Operating Profit | 23 | 22 | 31 | 36 | 42 |
| OPM % | 7% | 6% | 7% | 7% | 8% |
| 5 | 10 | 6 | 5 | 5 | |
| Interest | 4 | 5 | 7 | 6 | 4 |
| Depreciation | 6 | 6 | 7 | 8 | 9 |
| Profit before tax | 18 | 21 | 22 | 28 | 34 |
| Tax % | 32% | 30% | 36% | 35% | 35% |
| 12 | 15 | 14 | 18 | 22 | |
| EPS in Rs | 13.39 | 16.16 | 15.52 | 19.77 | 24.04 |
| Dividend Payout % | 20% | 16% | 17% | 18% | 17% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 11% |
| TTM: | -2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 21% |
| TTM: | 27% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 19% |
| 3 Years: | 23% |
| 1 Year: | 48% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 11% |
| Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2005 | Dec 2006 | Dec 2007 | Dec 2008 | Dec 2009 | |
|---|---|---|---|---|---|
| Equity Capital | 7 | 7 | 7 | 9 | 9 |
| Reserves | 100 | 112 | 122 | 186 | 203 |
| 44 | 68 | 21 | 49 | 43 | |
| 79 | 83 | 148 | 98 | 87 | |
| Total Liabilities | 230 | 269 | 298 | 342 | 341 |
| 47 | 54 | 55 | 75 | 73 | |
| CWIP | 3 | 4 | 18 | 6 | 9 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 180 | 211 | 224 | 261 | 260 | |
| Total Assets | 230 | 269 | 298 | 342 | 341 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2005 | Dec 2006 | Dec 2007 | Dec 2008 | Dec 2009 | |
|---|---|---|---|---|---|
| 7 | -4 | 40 | -7 | 35 | |
| -9 | -10 | -22 | -14 | -9 | |
| 0 | 15 | -8 | 18 | -15 | |
| Net Cash Flow | -1 | 0 | 10 | -3 | 11 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2005 | Dec 2006 | Dec 2007 | Dec 2008 | Dec 2009 | |
|---|---|---|---|---|---|
| Debtor Days | 124 | 117 | 104 | 103 | 100 |
| Inventory Days | 77 | 80 | 59 | 70 | 68 |
| Days Payable | 122 | 75 | 72 | 64 | 56 |
| Cash Conversion Cycle | 80 | 122 | 90 | 109 | 112 |
| Working Capital Days | 106 | 116 | 47 | 104 | 106 |
| ROCE % | 14% | 17% | 16% | 15% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
14 Apr - Certificate pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018.
-
Update On Ongoing Arbitration Invoked Against Agam Agochar
4 Apr - Counter claim filed by Agam against DIC India.
-
Disclosure With Respect To Order Received From Income Tax Department
31 Mar - Company faces tax penalties totaling Rs. 2.22 Crores.
-
Closure of Trading Window
26 Mar - Closure of trading window for DIC India Limited.
-
Announcement under Regulation 30 (LODR)-Change in Directorate
25 Mar - 77th AGM held with voting results and director changes.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from nse
Business Overview:[1]
DIC India Ltd (formerly, Coates of India Ltd) manufactures printing ink, including newsprint ink, offset ink, liquid ink, Flexographic inks, and lamination adhesives used in the newspaper, publishing, and packaging industries. Company also introduced flexi-packaging toluene free ink in FY23.