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DMCC Speciality Chemicals Limited (IN:DMCC)
:DMCC
India Market
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DMCC Speciality Chemicals Limited (DMCC) AI Stock Analysis

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IN:DMCC

DMCC Speciality Chemicals Limited

(DMCC)

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Neutral 59 (OpenAI - Gpt-5.6Sol)
Rating:59Neutral
Price Target:
₹314.00
▲(4.44% Upside)
Action:Reiterated
Date:08/29/26
The score is held back primarily by weak cash flow quality, with FY2026 operating cash flow and free cash flow turning negative despite a revenue and earnings rebound and a generally manageable leverage profile. Technicals add support given the clear uptrend (price above major moving averages) and positive momentum readings. Valuation is neutral-to-moderate (P/E ~18.8) with only a modest dividend yield (~0.8%).
Positive Factors
FY2026 Revenue Rebound
The revenue recovery indicates resilient demand and renewed business activity after a weaker period. If sustained, this rebound can support operating leverage, improve capacity utilisation and provide a foundation for further earnings growth.
Negative Factors
Negative Cash Conversion
The reversal from positive to negative operating and free cash flow shows that reported earnings are not consistently converting into liquidity. Persistent working-capital swings or investment needs could increase funding requirements and constrain reinvestment.
Read all positive and negative factors
Positive Factors
Negative Factors
FY2026 Revenue Rebound
The revenue recovery indicates resilient demand and renewed business activity after a weaker period. If sustained, this rebound can support operating leverage, improve capacity utilisation and provide a foundation for further earnings growth.
Read all positive factors

DMCC Speciality Chemicals Limited (DMCC) vs. iShares MSCI India ETF (INDA)

DMCC Speciality Chemicals Limited Business Overview & Revenue Model

Company Description
DMCC Speciality Chemicals Limited, alongside its affiliated entities, operates as a manufacturer and global supplier of both specialty and commodity chemicals. Its distribution network spans both domestic Indian markets and international territori...
How the Company Makes Money
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DMCC Speciality Chemicals Limited Financial Statement Overview

Summary
Income statement shows a strong FY2026 revenue rebound (~17%) with positive profitability (net margin ~4.7%, EBITDA margin ~10.9%), but margins are compressed versus earlier peak years and operating results have been volatile. Balance sheet leverage is manageable (debt-to-equity ~0.35) with expanding equity, though higher total debt in FY2026 is a watch item. Cash flow is the key weakness: FY2026 operating cash flow and free cash flow turned negative after being positive in FY2024–FY2025, indicating weak cash conversion and inconsistent multi-year free cash flow.
Income Statement
62
Positive
Balance Sheet
68
Positive
Cash Flow
34
Negative
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue7.08B5.82B4.31B3.26B3.85B3.25B
Gross Profit1.11B935.49M1.33B1.14B1.37B1.28B
EBITDA812.03M643.27M570.16M366.94M387.81M467.11M
Net Income399.78M273.29M215.28M115.89M69.31M213.40M
Balance Sheet
Total Assets0.004.46B3.80B3.77B4.01B3.84B
Cash, Cash Equivalents and Short-Term Investments44.55M44.55M51.52M70.63M33.50M29.59M
Total Debt0.00865.32M470.70M877.11M1.01B933.99M
Total Liabilities-2.48B1.97B1.53B1.68B2.03B1.90B
Stockholders Equity2.48B2.48B2.28B2.10B1.98B1.94B
Cash Flow
Free Cash Flow170.43M-330.45M310.28M194.33M79.75M-480.71M
Operating Cash Flow174.18M-270.57M380.41M383.74M298.81M506.56M
Investing Cash Flow-12.05M-69.76M-66.82M-100.42M-205.59M-984.14M
Financing Cash Flow-199.02M318.06M-297.83M-271.01M-99.94M461.07M

DMCC Speciality Chemicals Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price300.65
Price Trends
50DMA
275.96
Positive
100DMA
273.62
Positive
200DMA
255.21
Positive
Market Momentum
MACD
4.13
Positive
RSI
52.59
Neutral
STOCH
46.28
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:DMCC, the sentiment is Positive. The current price of 300.65 is above the 20-day moving average (MA) of 290.27, above the 50-day MA of 275.96, and above the 200-day MA of 255.21, indicating a neutral trend. The MACD of 4.13 indicates Positive momentum. The RSI at 52.59 is Neutral, neither overbought nor oversold. The STOCH value of 46.28 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:DMCC.

DMCC Speciality Chemicals Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
70
Outperform
₹9.10B17.750.99%1.41%946.41%
67
Neutral
₹9.28B11.450.40%13.23%22.22%
65
Neutral
₹5.09B31.23-2.70%-15.50%
59
Neutral
₹7.31B18.120.86%49.58%43.22%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
54
Neutral
₹223.80B28.690.45%8.20%29.06%
49
Neutral
₹6.54B32.153.70%-77.13%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:DMCC
DMCC Speciality Chemicals Limited
290.15
-12.74
-4.20%
IN:DEEPAKNTR
Deepak Nitrite Limited
1,649.05
-82.34
-4.76%
IN:INDOAMIN
Indo Amines Limited
126.35
-14.91
-10.56%
IN:PRIMO
Primo Chemicals Limited
20.50
-4.55
-18.16%
IN:UNIENTER
Uniphos Enterprises Limited
94.00
-54.13
-36.54%
IN:VALIANTORG
Valiant Organics Limited
340.80
-49.05
-12.58%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 29, 2026