Dcw Ltd. · NSE:DCW
Dcw — Q4 FY2025 Earnings Presentation
22 slides from Dcw's earnings presentation, May 12, 2025
Slide 1: Letter to Stock Exchanges: Investors' Presentation
0 DCW LIMITED May 12, 2025 To, National Stock Exchange of India Ltd. BSE Limited Exchange Plaza Bldg. Department of Corporate Services, 5th Floor, Plot No.C-1 1st floor, New Trading Ring 'G' Block, Near Wockhardt, Rotunda Building, Bandra Kurla Complex Phiroze Jeejeebhoy Towers, Mumbai 400 051 Dalal
Slide 2: DCW Limited Earning Presentation Q4-FY25/FY25
DCW Limited Earning Presentation Q4-FY25/FY25 1
Slide 3: Snapshot
Snapshot BUSINESS 8+ 2 Pioneer Leading Largest and Unique Decades of State-of-the-Art In India Soda Ash, C-PVC, Manufacturer of Commercial scale Experience Integrated Synthetic Rutile & C-PVC and SIOP manufacturer of SIOP in Manufacturing Units SIOP in India the Asia OPERATIONS 15+ 1,800 Zero 58 MW
Slide 4: Business Overview
Business Overview Financial Highlights Historical Financial Overview 3
Slide 5: Company Overview
Company Overview Operating Revenue (INR Mn) and EBITDA Margins (%) • Incorporated in 1939, DCW Ltd. was established as Dhrangadhra Chemical Works at Dhrangadhra, 26,338 Gujarat as India’s first Soda Ash plant. 24,547 18,716 20,003 • Since then, DCW has pioneered and created a strong presence in the
Slide 6: Key Milestones
Key Milestones Growth in Basic Chemicals Expansion towards Specialty Chemicals Initiated C-PVC Phase III expansion from 20KT to Setup one of the Entered into a Technical Commenced 50KT. Substitution of 25% Commissioning of the first integrated License and Support production of 1st power requirement
Slide 7: Marquee Customers
Marquee Customers Basic Chemicals Specialty SpecialtyChemicals Chemicals 6
Slide 8: Value Proposition
Value Proposition Significant Scale-up Opportunities Technology Tie-ups Diversified Application Base Niche & Diversified Product Mix Over 2,500- acre land bank available at Licensed technology from Arkema Catering to over 15 industries with Diversified product mix of Sahupuram facility provides easy
Slide 9: Capital Expenditure
Capital Expenditure Project Planned Date of Capitalisation Actual Date of Capitalisation Change in Capacity Remarks 44.5MW group captive power to Investment in Renewable Power rd Expected Project Completion H2-FY25 3 April 2025 substitute 25% of power requirements Project completed. Project at Sahup
Slide 10: Financial Highlights
Business Overview Financial Highlights Historical Financial Overview 9
Slide 11: Key Financial and Operational Highlights
Key Financial and Operational Highlights Q4-FY25 Financial Performance Q4-FY25 / FY25 Operational Highlights: • Revenue from operations for the quarter declined 13.5% YoY to INR 5,379 Mn, mainly Revenue from EBITDA Operations EBITDA Margins due to weak export demand and lower realizations in Synthet
Slide 12: Key Segmental Financial Performance
Key Segmental Financial Performance Revenue (INR Mn) & EBITDA Margin (%) Basic Chemicals Specialty Chemicals Others 4,900 4108 Quarter 3,489 1,293 1,234 1249 24 22 3.3% 3.1% 19 2.3% 36.8% 36.2% 57.7% 60.2% 35.5% 47.7% Q4-FY24 Q3-FY25 Q4-FY25 Q4-FY24 Q3-FY25 Q4-FY25 Q4-FY24 Q3-FY25 Q4-FY25 14,885 5,2
Slide 13: Operational Performance – Key Products
Operational Performance – Key Products Production (in MT) & Capacity Utilization (%) C-PVC SIOP Caustic Soda PVC Soda Ash 6,428 6,777 23,596 24,202 5,577 19,900 25,929 6,080 6,268 19,805 24,653 21,496 18,675 104% 23,212 3,860 99% 78% 83% 83% 93% 87% 90% 90% 90% 84% 80% 119% 103% 71% Q4-FY24 Q3-FY25
Slide 14: Quarterly Consolidated Financial Performance
Quarterly Consolidated Financial Performance Particulars (INR Mn) Q4-FY25 Q4-FY24 Y-o-Y Q3-FY25 Q-o-Q Operational Income 5,379 6,217 (13.5)% 4,742 13.4% Total Expenses 4,821 5,584 (13.7)% 4,173 15.5% EBITDA 558 633 (11.8)% 569 (1.9)% EBITDA Margins (%) 10.37% 10.18% 19 Bps 12.00% (163) Bps Other Inc
Slide 15: Annual Consolidated Financial Performance
Annual Consolidated Financial Performance Particulars (INR Mn) FY25 FY24 Y-o-Y Operational Income 20,003 18,716 6.9% Total Expenses 18,069 16,961 6.5% EBITDA 1,934 1,755 10.2% EBITDA Margins (%) 9.67% 9.38% 29 Bps Other Income 231 183 26.2% Depreciation 999 938 6.5% Interest 672 735 (8.6)% Profit be
Slide 16: Historical Financial Overview
Business Overview Financial Highlights Historical Financial Overview 15
Slide 17: Historical Income Statement
Historical Income Statement Particulars (INR Mn) FY22 FY23 FY24 FY25 Operational Income 24,547 26,338 18,716 20,003 Total Expenses 21,299 22,053 16,961 18,069 EBITDA 3,248 4,285 1,755 1,934 EBITDA Margins (%) 13.23% 16.27% 9.38% 9.67% Other Income 61 153 183 231 Depreciation 885 902 938 999 Interest
Slide 18: Historical Balance Sheet
Historical Balance Sheet Particulars (INR Mn) FY23 FY24 FY25 Particulars (INR Mn) FY23 FY24 FY25 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity Property, Plant & Equipment 12,839 13,005 12,608 Share Capital 590 590 590 Other Equity 9,661 9,727 9,737 Capital Work in progress 597 410 563 Tota
Slide 19: Financial Performance
Financial Performance Revenue From Operations (INR Mn) EBITDA (INR Mn) & EBITDA Margins % PAT (INR Mn) 26,338 4,285 1,920 24,547 20,003 18,716 3,248 14,643 1,075 2,094 1,755 1,934 16.27% 14.30% 13.23% 303 9.38% 9.67% 157 38 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 R
Slide 20: Capital Market Data
Capital Market Data 1 Year Stock Performance (up to 31st March, 2025) 120% 100% 80% 60% 40% 20% 0% -20% Apr/24 May/24 Jun/24 Jul/24 Aug/24 Sep/24 Oct/24 Nov/24 Dec/24 Jan/25 Feb/25 Mar/25 DCW Sensex Price Data (As on 31st March, 2025) INR Shareholding Pattern (As on 31st March, 2025) Face Value 2.00
Slide 21: Disclaimer
Disclaimer DCW Ltd. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current af
Slide 22: Thank You
THANK YOU pul