What is DIC India Ltd (DICIND) share price return in the past 10 years?

DIC India Ltd share price has declined -1.1% annually (CAGR) over the past ten years.

What is the share price of DIC India Ltd (DICIND)?

Company share prices are keep on changing according to the market conditions. The current trading price of DIC India Ltd (DICIND) on 03-Jul-2026 16:59:59 at 16:59 is 526.40.

What is the P/E ratio of DIC India?

The latest standalone P/E ratio of DIC India as of 03-Jul-2026 is 25.40.

What is the P/B ratio of DIC India Ltd (DICIND)?

The latest standalone P/B ratio of DIC India Ltd (DICIND) as of 03-Jul-2026 is 1.12.

What is the 52-week high and low of DIC India Ltd (DICIND)?

The 52-week high of DIC India Ltd (DICIND) is Rs. 667.30 and the 52-week low is Rs. 452.00.

DIC India Ltd (DICIND) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: DIC India Ltd (DICIND)
Brand: DIC India

Key Metrics

Valuation Multiples

Market Cap

₹483 Cr.

Current Price

₹526.4

52-Week Low / High

₹452 / 667

TTM EPS

₹20.7

TTM Sales

₹919 Cr.

Book Value per Share

₹471.6

P/E Ratio

25.40

In line with its 5-year historical median

Industry PE

52.7

Price to Book (P/B)

1.12

In line with its 5-year historical median

Price to Sales (P/S)

0.53

In line with its 5-year historical median

EV/EBITDA

8.68

Lower than its 5-year historical median

Dividend Yield

0.57%

Profitability Efficiency

Return on Equity (ROE)

4.12%

Underperforms industry median

Return on Capital Employed (ROCE)

5.94%

Underperforms industry median

Return on Assets (ROA)

2.67%

Operating Profit Margin

4.8%

Net Profit Margin

1.95%

Gross Profit Margin

4.8%

Growth Momentum
1-yr vs 3-yr growth

Sales Growth (1 Year)

Improving versus 3-year growth rate

1.16%

Operating Profit Growth (1 Year)

Slowing versus 3-year growth rate

9.06%

Net Profit Growth (1 Year)

Improving versus 3-year growth rate

-11.05%

Asset Quality

Promoter Holding

71.75%

Pledged shares (%) of Promoter's holding (%)

0.00%

Reserves

₹424 Cr.

Equity

₹9.2 Cr.

Face Value

₹10

All Time Low / High

₹60.00 / 833.00

DIC India stock performance

Key Ratios

Check Before You Invest

Quality

Locked

Valuation

Locked

Price Trend

Locked

Q.1 Is DIC India Ltd a good quality company?

DIC India Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

How does DIC India Ltd performance compare with that of its Peers?

Q.1 Revenue growth of DIC India Ltd vs industry peers?

DIC India Ltd revenue CAGR is 7.95%, compared to the industry median CAGR of 7.53%, indicating faster growth and gaining its market share.

Q.1 Promoter shareholding and pledge status of DIC India Ltd?

Promoters hold 71.75% of the DIC India Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Stock return of DIC India Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of -1.4% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

	Dec'16	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
ROCE % ⓘ	11.2%	-4.1%	-0%	6.7%	31.7%	4.7%	11.9%	-5.8%	6.7%	5.9%	-
Value Creation Index ⓘ	-0.2	-1.3	-1.0	-0.5	1.3	-0.7	-0.2	-1.4	-0.5	-0.6	-
Growth Parameters ⓘ
Sales ⓘ	707	738	838	791	608	745	872	829	882	892	919
Sales YoY Gr.	-	4.4%	13.5%	-5.6%	-23.1%	22.5%	17.1%	-5%	6.4%	1.2%	-
Adj EPS ⓘ	25.8	-2.8	-8.7	20.9	20.1	13.6	20.1	-12.6	22.2	22.8	20.7
YoY Gr.	-	-110.8%	NA	NA	-3.6%	-32.7%	48.6%	-162.7%	NA	2.7%	-
BVPS (₹) ⓘ	329.2	315.7	304.9	324.3	413.1	420.5	460	431.8	452.4	467	471.6
Adj Net Profit ⓘ	23.7	-2.6	-8	19.2	18.5	12.4	18.5	-11.6	20.4	20.9	19
Cash Flow from Ops. ⓘ	46.1	-12.8	-8.8	58.5	24.3	-7.1	37	5.3	16.4	42.8	-
Debt/CF from Ops. ⓘ	0	-2.7	-5.8	0.6	0	0	0	2.9	0	0	-

CAGR ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	2.6%	8%	0.8%	1.2%
Adj EPS ⓘ	-1.4%	2.5%	4.2%	2.7%
BVPSⓘ	4%	2.5%	0.5%	3.2%
Share Price	-1.1%	1.4%	5.8%	-15.8%

Key Financial Parameters ⓘ

	Dec'16	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Return on Equity % ⓘ	8.1	-0.9	-2.8	6.6	5.5	3.3	4.6	-2.8	5	5	4.4
Op. Profit Mgn % ⓘ	6.1	1.8	0.1	2.7	3.9	3.1	2.5	1.3	4.2	4.8	4.5
Net Profit Mgn % ⓘ	3.4	-0.4	-1	2.4	3	1.7	2.1	-1.4	2.3	2.4	2.1
Debt to Equity ⓘ	0	0.1	0.2	0.1	0	0	0	0	0	0	-
Working Cap Days ⓘ	187	205	225	229	249	227	203	188	174	182	91
Cash Conv. Cycle ⓘ	94	95	86	80	105	86	75	84	89	91	53

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Dec'16	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Sales	707	738	838	791	608	745	872	829	882	892
Operating Expenses ⓘ +	666	726	839	771	586	722	852	819	845	852
Manufacturing Costs	44	43	48	43	33	38	39	48	46	46
Material Costs	486	550	656	579	427	549	678	627	658	657
Employee Cost	58	60	64	70	75	77	76	76	70	75
Other Costs ⓘ	78	73	70	80	51	58	58	67	71	74
Operating Profit ⓘ	42	12	-1	20	23	23	20	10	36	40
Operating Profit Margin (%)	5.9%	1.6%	-0.2%	2.6%	3.7%	3.1%	2.3%	1.2%	4.1%	4.5%
Other Income ⓘ +	7	3	15	13	7	10	8	8	10	6
Exceptional Items ⓘ	0	-12	0	0	98	0	33	-24	1	-2
Interest ⓘ	2	3	6	5	2	1	4	4	2	1
Depreciation ⓘ	15	16	13	11	15	14	13	18	19	18
Profit Before Tax ⓘ	31	-16	-6	17	111	17	44	-28	26	24
Tax ⓘ	8	-4	3	-1	25	4	3	-6	6	6
Profit After Tax	23	-12	-9	18	86	12	41	-23	20	17
PAT Margin (%)	3.2%	-1.6%	-1.1%	2.3%	14.1%	1.7%	4.7%	-2.7%	2.2%	2.0%
Adjusted EPS (₹)	24.9	-12.9	-10.2	20.1	93.6	13.5	44.7	-24.7	21.3	18.9
Dividend Payout Ratio (%)	16.10%	0%	0%	22.40%	6.40%	37.10%	4.50%	0%	18.80%	15.90%

Valuation of DIC India - Standalone

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Dec'16	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Equity and Liabilities
Shareholders Fund +	302	290	280	298	379	386	422	396	415	429
Share Capital ⓘ	9	9	9	9	9	9	9	9	9	9
Reserves ⓘ	293	281	271	289	370	377	413	387	406	419
Debt +	0	35	51	35	0	0	0	15	0	0
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	0	35	51	35	0	0	0	15	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	91	136	192	111	112	189	169	117	119	145
Others Liabilities ⓘ	117	92	144	69	96	104	98	86	91	104
Total Liabilities ⓘ	511	553	667	512	587	679	690	614	626	677
Fixed Assets
Net Fixed Assets ⓘ +	69	54	57	59	79	76	88	143	141	138
Gross Block	197	81	97	109	143	154	178	250	248	260
Accumulated Depreciation	128	27	40	50	64	78	90	107	107	122
CWIP ⓘ	4	7	3	1	1	9	77	15	4	1
Investments ⓘ	0	0	0	0	0	0	0	0	0	0
Inventories	116	122	139	98	103	149	110	104	119	126
Trade Receivables	196	220	245	201	182	233	251	220	241	263
Cash Equivalents	22	34	31	15	92	73	67	47	39	65
Others Assets ⓘ	104	116	191	137	130	138	96	84	81	84
Total Assets ⓘ	511	553	667	512	587	679	690	614	626	677

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Dec'16	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Cash Flow From Operating Activity ⓘ +	46	-13	-9	58	24	-7	37	5	16	43
PBT ⓘ	31	-16	-6	17	111	17	44	-28	26	24
Adjustment ⓘ	17	29	9	13	-84	9	-18	26	18	19
Changes in Working Capital ⓘ	11	-26	-13	31	19	-24	15	9	-28	7
Tax Paid ⓘ	-12	-0	1	-2	-21	-10	-4	-2	1	-6
Cash Flow From Investing Activity ⓘ +	-15	-3	-22	-37	38	56	-34	-30	-6	-10
Capex	-15	-3	-8	-55	95	-6	-36	-31	-6	-11
Net Investments	0	-0	-16	0	0	59	-1	0	0	0
Others ⓘ	0	0	2	19	-57	3	3	1	0	1
Cash Flow From Financing Activity ⓘ +	-10	28	12	-22	-44	-9	-8	5	-18	-7
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-3	-2	-4	-6	-2	-1	-1	-4	-2	-2
Dividend Paid ⓘ	-4	-4	0	0	-4	-6	-5	-2	-0	-4
Others ⓘ	-3	34	16	-16	-38	-3	-3	11	-17	-1
Net Cash Flow ⓘ	21	12	-19	0	18	40	-6	-20	-8	25

Financial Ratio

PARTICULARS	Dec'16	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Ratios
ROE (%)	7.8	-3.98	-3.27	6.39	25.38	3.24	10.14	-5.54	4.82	4.12
ROCE (%)	11.21	-4.12	-0.02	6.67	31.68	4.74	11.88	-5.78	6.69	5.94
Asset Turnover Ratio	1.61	1.46	1.37	1.34	1.11	1.19	1.28	1.29	1.44	1.41
PAT to CFO Conversion(x)	2	N/A	N/A	3.22	0.28	-0.58	0.9	N/A	0.8	2.53
Working Capital Days
Receivable Days	93.20	97.70	101.30	102.80	114.80	100.70	100.50	102.40	94.30	100.50
Inventory Days	50.40	55.80	56.90	54.90	60.30	61.10	53.90	46.60	45.60	48.70
Payable Days	65	75.30	91.30	95.50	95.20	100.10	96.40	83.30	65.50	73.50

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

DIC India Ltd FAQs

The current trading price of DIC India on 03-Jul-2026 16:59 is ₹526.4.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 02-Jul-2026 the market cap of DIC India stood at ₹483.2 Cr

The latest P/E ratio of DIC India as of 02-Jul-2026 is 25.40.

The latest P/B ratio of DIC India as of 02-Jul-2026 is 1.12.

The 52-week high of DIC India is ₹667.3 and the 52-week low is ₹452.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of DIC India is ₹919 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that DIC India Ltd is a below average quality company.

The key valuation ratios of DIC India Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of DIC India Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About DIC India Ltd

DIC India was formally born on April 2, 1947; it had been precededsince 1937 by the lesser presence of its parent company in India.

DICIndia is part of Dainippon Ink & Chemicals Inc. of Japan (DIC). Thecompany, along with its subsidiaries, are the world leaders in printinginks with a global market share of nearly 40 per cent. DIC is not onlya leader in Graphic Arts but has a strong presence in printersâ€™supplies, machinery, pigments and reprographic products.

It offerinks for all types of printing processes and methods. Its inks bothoffset and liquid are enabled for use in new-generation, upgradedprinting machines. Its latest brand of Offset process colourbrand-named 'XTRA SPEED' is specially user-friendly for high speedprinting jobs, it also produces a wide range of UV lacquersbrand-named 'Viocure' to enhance the print quality of high value-addedjobs done to exacting standards. It offers users a wide range ofinternational brands from DIC, Sun Chemical and Coates Screen to covervirtually all possible applications.

DIC India Limited has itsregistered and head offices at Kolkata and manufacturing facilities atKolkata, Delhi, Mumbai, Chennai, Noida and Ahmedabad. The industrialcoatings manufacturing facility of itâ€™s wholly owned subsidiary DICCoatings India Limited is located at Bangalore. DIC Indiaâ€™s majorrevenues are generated from printing inks. In keeping with itsleadership status in its industry, DIC India is a truly all-Indiacompany.

Scientists at DIC have at their disposal all necessarytools, be it spectrophotometer and colour computer, UV rigs or FTIR.DIC Research & Development benefits from world wide experience andknowledge from DIC and its worldwide subsidiaries.

DIC Indiaâ€™sproduct range in inks is truly wide. Its six factories manufacture inksof diverse kinds including black inks, offset inks, liquid inks, screeninks and print finish inks. These cover virtually all printingprocesses in use in the country today.

DIC India has strictpolicies for the use of materials based on international codes ofpractice. The Company has taken voluntary measures to ensure highsafety, health and environment standards at its establishments. Theycover aspects such as waste disposal, occupational health hazardsminimisation, internal safety audits, safety training and providingadvice to customers and contractors on the safe handling, disposal andtransportation of the companyâ€™s products.

Various proactiveactions have been taken which include adoption of cleaner technology,conservation of resources through waste reduction, recycling and reuseof waste materials and ongoing training of employees. The Safety,Health and Environment Department of the company oversees and reviewsthe integrated environment, occupational health and safety audits whichensure comprehensive coverage of all Company locations.

Thecompany had two wholly owned subsidiary viz. DIC Coatings India Limitedand Rohit (Printing Inks and Paints) Industries Private Limited. In 2008 Rohit (Printing Inks & Paints) Industries Private Limited, had been amalgamated with the company.

In 2010, DIC India sold its entire stake in Coates Coating India Private Limited to Valspar, a North American manufacturer of paints and coatings.

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DIC India Ltd (DICIND)

DIC India Ltd (DICIND)

DIC India stock performance

Check Before You Invest

Quality

Valuation

Price Trend

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of DIC India - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

DIC India Ltd FAQs

What is the share price of DIC India?

What is the market cap of DIC India?

What is the P/E ratio of DIC India?

What is the P/B ratio of DIC India?

What is the 52-week high and low of DIC India?

What is the TTM revenue of DIC India?

Is DIC India Ltd a good quality company?

Is DIC India Ltd undervalued or overvalued?

Is DIC India Ltd a good buy now?

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