DIC India

NSE: DICIND · Printing Inks

52W Range₹451 ₹645

Snapshot

Unlock DIC India's vital signs

Growth · Profitability · Valuation · Strength · Conviction

Company Overview

Business

DIC India Limited is a manufacturer and distributor of printing inks and lamination adhesives for the packaging and publishing industries. The company provides a comprehensive range of solutions including gravure, flexographic, offset, and UV inks.

Business Model

The company generates revenue through the sale of specialised chemical products and printing solutions to the packaging, newspaper, and magazine sectors. It operates as a subsidiary of DIC Asia Pacific Pte Limited, leveraging global technical expertise to serve the Indian market.

  • Founded:1937

Growth Outlook

Growth is primarily driven by the expanding demand for high-quality packaging solutions and the ongoing modernisation of the Indian printing industry. The company continues to focus on its core segments of printing inks and lamination adhesives to maintain market relevance.

Key Risks

  • Raw Material Price Volatility. Fluctuations in the cost of petrochemical-based raw materials can significantly impact operating margins.
  • Foreign Exchange Risk. As a subsidiary of a global entity, the company is exposed to currency fluctuations affecting import costs of specialised inputs.
  • Digitalisation Trends. The shift towards digital media and online advertising poses a long-term threat to the traditional newspaper and magazine ink segments.
  • Regulatory Compliance. Stringent environmental regulations regarding chemical manufacturing and waste disposal in India may increase compliance costs.

Price

Start your research today

Unlock AI insights, financials, peers and live data on DIC India and 5,000+ companies — free.

Start your research

Key Metrics

REVENUE

₹922 Cr

TTM · standalone

+3.2%YoY

NET PROFIT

₹19 Cr

TTM · standalone

+6.1%YoY

EPS

₹20.73

TTM · standalone

+6.1%YoY

RETURN ON EQUITY

4.5%

TTM · standalone

+0.0 ppYoY

RETURN ON CAPITAL EMPLOYED

6.4%

TTM · standalone

-0.1 ppYoY

P/E

24.5x

Q4 FY26 · standalone

24.5 vs 23.2x5Y avg

EV/EBITDA

8.3x

Q4 FY26 · standalone

8.3 vs 13.4x5Y avg

EBITDA MARGIN

5.2%

TTM · standalone

+0.2 ppYoY

NET PROFIT MARGIN

1.8%

Q4 FY26 · standalone

+0.6 ppYoY

DEBT TO EQUITY

0.0x

Q4 FY26 · standalone

+0.00xYoY

Peers · Printing Inks

CompanyMkt Cap (Cr)P/EEV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
DIC IndiaDICIND
46624.498.323.2%5.2%4.5%6.4%-17.6%
DMCC Speciality Chemicals Ltd.DMCC
50724.6011.7634.8%11.1%11.7%17.7%-15.2%
Chemfab Alka.CHEMFAB
495896.6718.50-7.0%11.5%-0.9%1.7%-49.8%
Innovassynth TechnologiesINOVSYNTH
46046.1419.6226.5%-325.0%+32.4%
OCCLOCCLLTD
44014.218.2818.1%11.8%13.1%-4.9%
Vikram ThermoVIKRAMTH
43619.9513.807.0%41.2%29.5%39.1%+61.8%

As of Q4 FY26

Financials