DIC India Ltd

NSE: DICIND BSE: 500089

₹613.65

(3.41%)

Thu, 08 Oct 2026, 01:32 pm

MTF 5xInvest in DIC India Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)559.92

PE Ratio19.47

Dividend0.49

Process Industries

Industrial Specialties

24.5K

DIC India Balance Sheet

Income Statement Balance Sheet Cashflow

Particulars	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Interest expense on debt	-37.54M	-60.47M	-70.88M	-57.03M	-48.66M	-23.25M	-40.91M	-54.04M	-43.10M	-62.91M	-48.81M	-21.69M	-28.97M	-58.30M	-46.57M	-19.00M	-11.79M	-30.95M	-36.85M	-12.12M
Pretax equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total assets	2.30B	2.69B	2.99B	3.92B	3.91B	4.21B	4.20B	4.56B	5.24B	5.03B	4.74B	5.18B	4.92B	6.03B	4.69B	5.29B	6.11B	6.49B	5.81B	5.88B
Total current assets	1.80B	2.11B	2.24B	3.10B	3.09B	3.43B	3.30B	3.50B	4.21B	4.02B	3.89B	4.34B	4.12B	5.08B	3.71B	4.11B	5.00B	4.63B	3.97B	4.24B
Cash and short term investments	161.89M	162.32M	257.56M	228.40M	333.88M	176.44M	140.48M	49.01M	64.00M	4.52M	7.10M	217.24M	341.94M	314.27M	151.06M	921.88M	728.89M	672.19M	470.92M	392.70M
Cash & equivalents	161.89M	135.48M	204.07M	185.80M	278.18M	176.44M	140.48M	49.01M	63.95M	4.41M	6.98M	217.16M	341.82M	149.18M	150.49M	331.81M	728.89M	672.19M	470.88M	392.16M
Short term investments	0	26.84M	53.49M	42.60M	55.70M	0	0	0	50.00K	110.00K	120.00K	80.00K	118.00K	165.09M	569.00K	590.07M	0	0	43.00K	547.00K
Total receivables, net	1.18B	1.33B	1.43B	1.62B	1.52B	1.68B	2.01B	2.06B	2.06B	2.02B	2.07B	1.97B	2.49B	3.07B	2.29B	2.09B	2.71B	2.78B	2.41B	2.59B
Accounts receivable - trade, net	1.06B	1.19B	1.27B	1.47B	1.38B	1.49B	1.82B	2.02B	2.03B	2.01B	2.06B	1.96B	2.20B	2.45B	2.01B	1.82B	2.33B	2.51B	2.20B	2.41B
Other receivables	127.69M	139.95M	160.98M	153.53M	139.77M	193.06M	193.35M	31.69M	32.35M	11.96M	9.23M	11.87M	290.40M	621.53M	285.99M	267.73M	374.40M	272.91M	210.82M	181.54M
Total inventory	431.25M	557.94M	488.19M	686.09M	627.58M	854.37M	1.04B	1.22B	1.11B	1.17B	1.05B	1.21B	1.27B	1.48B	1.02B	1.08B	1.55B	1.16B	1.07B	1.22B
Other current assets, total	17.00M	56.50M	62.56M	72.33M	115.47M	137.27M	107.30M	8.26M	163.74M	156.60M	139.78M	188.52M	2.07M	208.24M	205.43M	1.46M	2.09M	4.08M	2.50M	19.49M
Total non-current assets	502.05M	581.37M	742.27M	820.66M	820.96M	780.75M	909.22M	1.06B	1.03B	1.00B	845.83M	843.86M	800.59M	950.33M	974.23M	1.18B	1.11B	1.86B	1.85B	1.64B
Long term investments	30.00K	20.00K	20.00K	10.00K	0	0	0	3.23M	29.83M	31.33M	35.11M	660.00K	463.00K	188.00K	3.20M	181.19M	546.00K	5.53M	3.51M	3.33M
Note receivable - long term	—	—	—	—	—	—	—	3.23M	2.14M	1.82M	1.63M	660.00K	463.00K	188.00K	3.20M	180.67M	0	—	—	—
Investments in unconsolidated subsidiaries	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other investments	30.00K	20.00K	20.00K	10.00K	0	0	0	0	27.69M	29.51M	33.48M	0	0	0	0	521.00K	546.00K	5.53M	3.51M	3.33M
Net property/plant/equipment	499.09M	559.22M	722.26M	801.77M	810.13M	772.22M	896.78M	984.48M	940.12M	866.67M	725.60M	727.07M	611.96M	607.90M	608.51M	805.07M	921.10M	1.67B	1.59B	1.45B
Gross property/plant/equipment	888.56M	988.31M	1.19B	1.32B	1.41B	1.39B	1.59B	1.76B	1.82B	1.83B	1.83B	1.95B	880.82M	1.00B	1.10B	1.40B	1.63B	2.47B	2.60B	2.47B
Deferred tax assets	—	—	5.80M	9.70M	6.66M	8.53M	12.44M	7.65M	19.60M	71.25M	75.74M	77.26M	46.41M	0	72.93M	76.37M	74.56M	79.08M	135.19M	104.28M
Net intangible assets	2.93M	22.13M	14.19M	9.18M	4.17M	0	0	33.88M	35.57M	23.40M	9.38M	4.85M	1.62M	2.87M	1.76M	2.38M	1.86M	1.12M	2.51M	1.50M
Goodwill, net	2.93M	2.93M	—	—	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other intangibles, net	0	19.20M	—	—	4.17M	0	0	33.88M	35.57M	23.40M	9.38M	4.85M	1.62M	2.87M	1.76M	2.38M	1.86M	1.12M	2.51M	1.50M
Other long term assets, total	—	—	—	—	0	0	0	31.36M	3.29M	8.25M	0	34.02M	110.14M	135.32M	85.76M	106.52M	108.39M	97.24M	117.59M	77.98M
Short term debt	374.11M	677.78M	206.76M	484.60M	426.75M	114.80M	227.04M	340.38M	242.31M	384.41M	63.76M	37.30M	350.00M	507.06M	351.37M	22.96M	22.82M	38.18M	166.64M	12.30M
Current portion of LT debt and capital leases	—	40.00K	—	—	—	0	0	0	0	0	0	0	0	0	0	22.96M	22.82M	38.18M	16.64M	12.30M
Short term debt excl. current portion of LT debt	374.11M	677.74M	206.76M	484.60M	426.75M	114.80M	227.04M	340.38M	242.31M	384.41M	63.76M	37.30M	350.00M	507.06M	351.37M	0	0	0	150.00M	0
Accounts payable	673.42M	722.23M	602.05M	622.80M	518.85M	887.94M	1.14B	821.82M	874.48M	1.04B	780.41M	873.32M	1.36B	1.92B	1.12B	1.12B	1.89B	1.69B	1.16B	1.19B
Income tax payable	12.85M	1.75M	4.92M	1.16M	496.96M	581.21M	2.06M	5.96M	748.13M	606.45M	596.36M	689.86M	655.73M	11.69M	11.69M	73.64M	17.07M	2.52M	0	22.87M
Long term debt	70.00M	0	0	0	0	0	0	0	0	0	0	0	0	0	0	34.49M	31.66M	202.27M	30.21M	22.03M
Long term debt excl. lease liabilities	70.00M	0	0	0	0	0	0	0	0	0	0	0	0	0	0	34.49M	31.66M	202.27M	30.21M	22.03M
Total equity	1.07B	1.19B	1.81B	1.95B	2.12B	2.44B	2.66B	2.83B	2.91B	2.60B	2.84B	3.02B	2.90B	2.80B	2.98B	3.79B	3.86B	4.22B	3.96B	4.15B
Shareholders' equity	1.07B	1.19B	1.81B	1.95B	2.12B	2.44B	2.66B	2.83B	2.91B	2.60B	2.84B	3.02B	2.90B	2.80B	2.98B	3.79B	3.86B	4.22B	3.96B	4.15B
Common equity, total	1.07B	1.19B	1.81B	1.95B	2.12B	2.44B	2.66B	2.83B	2.91B	2.60B	2.84B	3.02B	2.90B	2.80B	2.98B	3.79B	3.86B	4.22B	3.96B	4.15B
Other common equity	828.90M	949.38M	1.57B	1.20B	1.37B	1.69B	1.91B	2.08B	654.45M	654.45M	655.45M	655.95M	655.97M	655.97M	655.97M	655.97M	655.97M	655.97M	655.97M	655.97M
Total debt	444.11M	677.78M	206.76M	484.60M	426.75M	114.80M	227.04M	340.38M	242.31M	384.41M	63.76M	37.30M	350.00M	507.06M	351.37M	57.46M	54.49M	240.45M	196.84M	34.33M
Net debt	282.22M	—	-50.80M	256.20M	92.87M	-61.64M	86.56M	291.37M	178.31M	379.89M	56.66M	-179.94M	8.06M	192.80M	200.31M	-864.42M	-674.40M	-431.74M	-274.08M	-358.38M
Change in accounts receivable	-226.93M	-191.83M	-113.47M	-200.19M	27.60M	-312.24M	-330.92M	-144.66M	-4.39M	-8.05M	-55.23M	19.88M	-243.24M	-270.46M	375.14M	196.45M	-496.89M	-176.10M	290.18M	-228.67M
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	160.20M	45.67M	122.65M	8.60M	-127.82M	208.07M	240.21M	-67.95M	-8.62M	213.43M	-163.93M	237.80M	225.78M	596.16M	-792.86M	11.49M	793.31M	-196.78M	-364.10M	51.68M
Change in other assets/liabilities	0	0	0	0	0	0	0	0	—	—	0	0	-185.87M	-273.82M	314.25M	22.20M	-64.88M	124.73M	111.16M	45.09M
Sale of fixed assets & businesses	13.81M	42.24M	12.79M	18.95M	1.82M	404.01M	6.53M	1.85M	1.08M	450.00K	4.58M	1.16M	137.46M	437.90M	379.00K	1.02B	602.00K	2.34M	21.86M	18.69M
Purchase/sale of investments, net	0	0	0	10.00K	10.00K	0	0	—	0	0	0	0	0	-164.72M	164.71M	-589.51M	590.01M	-4.96M	167.00K	-148.00K
Sale/maturity of investments	0	0	0	10.00K	10.00K	0	0	—	0	0	0	0	0	0	164.71M	0	590.01M	0	167.00K	0
Purchase of investments	0	0	0	0	0	0	0	—	0	0	0	0	0	-164.72M	0	-589.51M	0	-4.96M	0	-148.00K
Other investing cash flow items, total	0	0	0	0	0	-25.28M	0	—	0	0	0	0	0	0	0	0	175.00M	337.98M	0	0
Issuance/retirement of debt, net	70.23M	233.89M	-470.98M	277.84M	-57.85M	-311.95M	100.00M	113.34M	-107.50M	118.91M	-326.96M	-24.83M	350.00M	157.06M	-155.70M	-351.37M	0	0	150.00M	-150.00M
Issuance/retirement of long term debt	68.84M	55.87M	-103.09M	—	0	0	0	-16.66M	0	0	0	0	0	0	0	0	0	0	0	0
Issuance/retirement of short term debt	1.39M	178.02M	-367.89M	277.84M	-57.85M	-311.95M	100.00M	130.00M	-107.50M	118.91M	-326.96M	-24.83M	0	0	0	0	0	0	150.00M	-150.00M
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—	—	—	350.00M	157.06M	-155.70M	-351.37M	0	—	—	—
Total cash dividends paid	-27.54M	-27.49M	-28.20M	-37.59M	-46.18M	-42.81M	-53.23M	-42.61M	-36.63M	-42.86M	-190.00K	-44.11M	-44.19M	0	0	-41.30M	-55.01M	-45.90M	-18.57M	-356.00K
Other financing cash flow items, total	0	0	0	—	0	0	12.24M	—	0	0	0	0	0	0	0	0	0	0	0	0

Particulars	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Interest expense on debt	-37.54M	-60.47M	-70.88M	-57.03M	-48.66M	-23.25M	-40.91M	-54.04M	-43.10M	-62.91M	-48.81M	-21.69M	-28.97M	-58.30M	-46.57M	-19.00M	-11.79M	-30.95M	-36.85M	-12.12M
Pretax equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total assets	2.30B	2.69B	2.99B	3.92B	3.91B	4.21B	4.20B	4.56B	5.24B	5.03B	4.74B	5.18B	4.92B	6.03B	4.69B	5.29B	6.11B	6.49B	5.81B	5.88B
Total current assets	1.80B	2.11B	2.24B	3.10B	3.09B	3.43B	3.30B	3.50B	4.21B	4.02B	3.89B	4.34B	4.12B	5.08B	3.71B	4.11B	5.00B	4.63B	3.97B	4.24B
Cash and short term investments	161.89M	162.32M	257.56M	228.40M	333.88M	176.44M	140.48M	49.01M	64.00M	4.52M	7.10M	217.24M	341.94M	314.27M	151.06M	921.88M	728.89M	672.19M	470.92M	392.70M
Cash & equivalents	161.89M	135.48M	204.07M	185.80M	278.18M	176.44M	140.48M	49.01M	63.95M	4.41M	6.98M	217.16M	341.82M	149.18M	150.49M	331.81M	728.89M	672.19M	470.88M	392.16M
Short term investments	0	26.84M	53.49M	42.60M	55.70M	0	0	0	50.00K	110.00K	120.00K	80.00K	118.00K	165.09M	569.00K	590.07M	0	0	43.00K	547.00K
Total receivables, net	1.18B	1.33B	1.43B	1.62B	1.52B	1.68B	2.01B	2.06B	2.06B	2.02B	2.07B	1.97B	2.49B	3.07B	2.29B	2.09B	2.71B	2.78B	2.41B	2.59B
Accounts receivable - trade, net	1.06B	1.19B	1.27B	1.47B	1.38B	1.49B	1.82B	2.02B	2.03B	2.01B	2.06B	1.96B	2.20B	2.45B	2.01B	1.82B	2.33B	2.51B	2.20B	2.41B
Other receivables	127.69M	139.95M	160.98M	153.53M	139.77M	193.06M	193.35M	31.69M	32.35M	11.96M	9.23M	11.87M	290.40M	621.53M	285.99M	267.73M	374.40M	272.91M	210.82M	181.54M
Total inventory	431.25M	557.94M	488.19M	686.09M	627.58M	854.37M	1.04B	1.22B	1.11B	1.17B	1.05B	1.21B	1.27B	1.48B	1.02B	1.08B	1.55B	1.16B	1.07B	1.22B
Other current assets, total	17.00M	56.50M	62.56M	72.33M	115.47M	137.27M	107.30M	8.26M	163.74M	156.60M	139.78M	188.52M	2.07M	208.24M	205.43M	1.46M	2.09M	4.08M	2.50M	19.49M
Total non-current assets	502.05M	581.37M	742.27M	820.66M	820.96M	780.75M	909.22M	1.06B	1.03B	1.00B	845.83M	843.86M	800.59M	950.33M	974.23M	1.18B	1.11B	1.86B	1.85B	1.64B
Long term investments	30.00K	20.00K	20.00K	10.00K	0	0	0	3.23M	29.83M	31.33M	35.11M	660.00K	463.00K	188.00K	3.20M	181.19M	546.00K	5.53M	3.51M	3.33M
Note receivable - long term	—	—	—	—	—	—	—	3.23M	2.14M	1.82M	1.63M	660.00K	463.00K	188.00K	3.20M	180.67M	0	—	—	—
Investments in unconsolidated subsidiaries	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other investments	30.00K	20.00K	20.00K	10.00K	0	0	0	0	27.69M	29.51M	33.48M	0	0	0	0	521.00K	546.00K	5.53M	3.51M	3.33M
Net property/plant/equipment	499.09M	559.22M	722.26M	801.77M	810.13M	772.22M	896.78M	984.48M	940.12M	866.67M	725.60M	727.07M	611.96M	607.90M	608.51M	805.07M	921.10M	1.67B	1.59B	1.45B
Gross property/plant/equipment	888.56M	988.31M	1.19B	1.32B	1.41B	1.39B	1.59B	1.76B	1.82B	1.83B	1.83B	1.95B	880.82M	1.00B	1.10B	1.40B	1.63B	2.47B	2.60B	2.47B
Deferred tax assets	—	—	5.80M	9.70M	6.66M	8.53M	12.44M	7.65M	19.60M	71.25M	75.74M	77.26M	46.41M	0	72.93M	76.37M	74.56M	79.08M	135.19M	104.28M
Net intangible assets	2.93M	22.13M	14.19M	9.18M	4.17M	0	0	33.88M	35.57M	23.40M	9.38M	4.85M	1.62M	2.87M	1.76M	2.38M	1.86M	1.12M	2.51M	1.50M
Goodwill, net	2.93M	2.93M	—	—	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other intangibles, net	0	19.20M	—	—	4.17M	0	0	33.88M	35.57M	23.40M	9.38M	4.85M	1.62M	2.87M	1.76M	2.38M	1.86M	1.12M	2.51M	1.50M
Other long term assets, total	—	—	—	—	0	0	0	31.36M	3.29M	8.25M	0	34.02M	110.14M	135.32M	85.76M	106.52M	108.39M	97.24M	117.59M	77.98M
Short term debt	374.11M	677.78M	206.76M	484.60M	426.75M	114.80M	227.04M	340.38M	242.31M	384.41M	63.76M	37.30M	350.00M	507.06M	351.37M	22.96M	22.82M	38.18M	166.64M	12.30M
Current portion of LT debt and capital leases	—	40.00K	—	—	—	0	0	0	0	0	0	0	0	0	0	22.96M	22.82M	38.18M	16.64M	12.30M
Short term debt excl. current portion of LT debt	374.11M	677.74M	206.76M	484.60M	426.75M	114.80M	227.04M	340.38M	242.31M	384.41M	63.76M	37.30M	350.00M	507.06M	351.37M	0	0	0	150.00M	0
Accounts payable	673.42M	722.23M	602.05M	622.80M	518.85M	887.94M	1.14B	821.82M	874.48M	1.04B	780.41M	873.32M	1.36B	1.92B	1.12B	1.12B	1.89B	1.69B	1.16B	1.19B
Income tax payable	12.85M	1.75M	4.92M	1.16M	496.96M	581.21M	2.06M	5.96M	748.13M	606.45M	596.36M	689.86M	655.73M	11.69M	11.69M	73.64M	17.07M	2.52M	0	22.87M
Long term debt	70.00M	0	0	0	0	0	0	0	0	0	0	0	0	0	0	34.49M	31.66M	202.27M	30.21M	22.03M
Long term debt excl. lease liabilities	70.00M	0	0	0	0	0	0	0	0	0	0	0	0	0	0	34.49M	31.66M	202.27M	30.21M	22.03M
Total equity	1.07B	1.19B	1.81B	1.95B	2.12B	2.44B	2.66B	2.83B	2.91B	2.60B	2.84B	3.02B	2.90B	2.80B	2.98B	3.79B	3.86B	4.22B	3.96B	4.15B
Shareholders' equity	1.07B	1.19B	1.81B	1.95B	2.12B	2.44B	2.66B	2.83B	2.91B	2.60B	2.84B	3.02B	2.90B	2.80B	2.98B	3.79B	3.86B	4.22B	3.96B	4.15B
Common equity, total	1.07B	1.19B	1.81B	1.95B	2.12B	2.44B	2.66B	2.83B	2.91B	2.60B	2.84B	3.02B	2.90B	2.80B	2.98B	3.79B	3.86B	4.22B	3.96B	4.15B
Other common equity	828.90M	949.38M	1.57B	1.20B	1.37B	1.69B	1.91B	2.08B	654.45M	654.45M	655.45M	655.95M	655.97M	655.97M	655.97M	655.97M	655.97M	655.97M	655.97M	655.97M
Total debt	444.11M	677.78M	206.76M	484.60M	426.75M	114.80M	227.04M	340.38M	242.31M	384.41M	63.76M	37.30M	350.00M	507.06M	351.37M	57.46M	54.49M	240.45M	196.84M	34.33M
Net debt	282.22M	—	-50.80M	256.20M	92.87M	-61.64M	86.56M	291.37M	178.31M	379.89M	56.66M	-179.94M	8.06M	192.80M	200.31M	-864.42M	-674.40M	-431.74M	-274.08M	-358.38M
Change in accounts receivable	-226.93M	-191.83M	-113.47M	-200.19M	27.60M	-312.24M	-330.92M	-144.66M	-4.39M	-8.05M	-55.23M	19.88M	-243.24M	-270.46M	375.14M	196.45M	-496.89M	-176.10M	290.18M	-228.67M
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	160.20M	45.67M	122.65M	8.60M	-127.82M	208.07M	240.21M	-67.95M	-8.62M	213.43M	-163.93M	237.80M	225.78M	596.16M	-792.86M	11.49M	793.31M	-196.78M	-364.10M	51.68M
Change in other assets/liabilities	0	0	0	0	0	0	0	0	—	—	0	0	-185.87M	-273.82M	314.25M	22.20M	-64.88M	124.73M	111.16M	45.09M
Sale of fixed assets & businesses	13.81M	42.24M	12.79M	18.95M	1.82M	404.01M	6.53M	1.85M	1.08M	450.00K	4.58M	1.16M	137.46M	437.90M	379.00K	1.02B	602.00K	2.34M	21.86M	18.69M
Purchase/sale of investments, net	0	0	0	10.00K	10.00K	0	0	—	0	0	0	0	0	-164.72M	164.71M	-589.51M	590.01M	-4.96M	167.00K	-148.00K
Sale/maturity of investments	0	0	0	10.00K	10.00K	0	0	—	0	0	0	0	0	0	164.71M	0	590.01M	0	167.00K	0
Purchase of investments	0	0	0	0	0	0	0	—	0	0	0	0	0	-164.72M	0	-589.51M	0	-4.96M	0	-148.00K
Other investing cash flow items, total	0	0	0	0	0	-25.28M	0	—	0	0	0	0	0	0	0	0	175.00M	337.98M	0	0
Issuance/retirement of debt, net	70.23M	233.89M	-470.98M	277.84M	-57.85M	-311.95M	100.00M	113.34M	-107.50M	118.91M	-326.96M	-24.83M	350.00M	157.06M	-155.70M	-351.37M	0	0	150.00M	-150.00M
Issuance/retirement of long term debt	68.84M	55.87M	-103.09M	—	0	0	0	-16.66M	0	0	0	0	0	0	0	0	0	0	0	0
Issuance/retirement of short term debt	1.39M	178.02M	-367.89M	277.84M	-57.85M	-311.95M	100.00M	130.00M	-107.50M	118.91M	-326.96M	-24.83M	0	0	0	0	0	0	150.00M	-150.00M
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—	—	—	350.00M	157.06M	-155.70M	-351.37M	0	—	—	—
Total cash dividends paid	-27.54M	-27.49M	-28.20M	-37.59M	-46.18M	-42.81M	-53.23M	-42.61M	-36.63M	-42.86M	-190.00K	-44.11M	-44.19M	0	0	-41.30M	-55.01M	-45.90M	-18.57M	-356.00K
Other financing cash flow items, total	0	0	0	—	0	0	12.24M	—	0	0	0	0	0	0	0	0	0	0	0	0