DMCC Speciality Chemicals Ltd
NSE: DMCC BSE: 506405
₹319.50
-18.85 (5.57%)
Fri, 23 Oct 2026, 02:55 am
Market Cap (in Cr)857.06
PE Ratio19.93
Dividend0.73
Process Industries
Chemicals: Major Diversified
24.5KDMCC Speciality Chemicals Ltd Company History
1919
- The Company was incorporated at Mumbai.
1942
- 40,000 equity shares were subscribed.
- 12,617 shares were forfeited.
1943
- The capital was reduced by cancelling the paid-up capital to the extent of Rs. 50 per share.
1960
- 18,225 Right shares were offered at par in the ratio 2:3.
1961
- 18,190 Bonus shares were issued in the ratio 4:10.
1963
- The company formed a new company Borax Morarji Ltd. to manufacture Borax & Boric acid.
- 19,099 Right shares were issued at par in the ratio 3:10.
1964
- 27,588 Right shares were issued at par in the ratio 1:3.
1965
- The company floated a new company Albright, Morarji & Pandit Ltd. for manufacture of phosphoric acid & industrial phosphatic.
1966
- 11,035 Bonus shares were issued in the ratio 1:10.
1968
- 24,277 Bonus shares were issued in the ratio 1:5.
- 58,266 Right shares were issued at par in the ratio 2:5.
1969
- 50,982 Bonus Equity shares were issued in the ratio 1:4.
1973
- 2,54,913 Bonus Equity shares were issued in the ratio 1:1.
1975
- The Company shifted the plants manufacturing di-ethyl sulphate, para amino phenol, sulphuric acid plant and aluminium sulphate plant to Roha.
- The Company promoted a project for the manufacture of granulated fertilisers with the Madhya Pradesh State Agro Industries Development Corporation Ltd.
1976
- 4,07,860 Bonus shares were issued in the ratio 4:5.
1979
- The Company took on lease a factory at Baroda for the manufacture of resorcinol.
- 3,67,074 Bonus shares were issued in the ratio 2:5.
- Benzene sulphonyl chloride and thiophenol plants were shifted and commissioned.
1980
- The capacity of single superphosphate plant was expanded at Kumhari from 95,000 to 1,61,000 tpa.
1981
- Facilities were set up to manufacture fluoride chemicals and silica compound.
- The Turn-key projects & Consultancy services division was busy in executing various contracts.
1982
- The Environmental Engineering division conducted studies on air pollution and liquid effluents.
- The division started taking turn-key contracts for design and supply of effluent treatment plants.
1984
- The Company offered 4,80,000-15% non-convertible debentures of Rs. 100 each as rights.
- Despite severe drought, sales of single superhosphate were maintained.
1986
- The single superphosphate plant was modernised and expanded from 2,00,000 tpa to 3,00,000 tpa.
- Equity shares were sub-divided and authorised capital was increased.
1987
- The severe competition led to a fall in prices and lower profits due to increase in depreciation and higher interest charges.
1988
- The capacity of sulphuric acid plant increased from 66,000 tpa to 1,01,900 tpa.
- The capacity of chloro-sulphonic acid plant increased from 3,600 tpa to 16,500 tpa.
1989
- The Company was in a position to take up project for large size sulphuric acid plants in India and abroad.
- The Company held 5,02,600 equity shares in Boraz Morarji Ltd.
- Single superphosphate with micro nutrient of boron was notified as a fertiliser by the Government.
1990
- The Company commissioned a sulphuric acid plant with a capacity of 33,000 tpa and a single superphosphate plant with a capacity of 66,000 tpa at Jhar.
- The operations were adversely affected due to increase in cost of inputs and higher transport costs.
- 25,69,520 Bonus shares were issued in the ratio 2:5.
1992
- The Company sold the Alpha Olefin sulphonate plant at Roha to Albright Morarji and Pandit, Ltd.
- The Company commissioned a sulphuric acid plant with a capacity of 3,000 mtrs per annum at Roha.
- The Company issued 16% secured redeemable partly convertible debentures.
- The Company commissioned the bio-methanation plant based on Bacardi Technology for Kopergao Sahakari Sakhar Karkhana Ltd.
- The Company signed an export contract for supply of equipments for a plant in Nigeria.
- 35,27,640 equity shares were allotted on part conversion of 16% debentures.
1993
- The company expanded its chlorosulphoric acid plant.
- The Company secured an assignment for preparation of a feasibility report for GSFC for a phosphoric acid plant in Uganda.
1994
- The Company held 9,29,600 equity shares in Albright, Morarji & Pandid Ltd.
- The Company held 1,16,994 equity shares in M.P. Agro-Morarji Fertilisers Ltd.
- The Company subscribed for 66,000 equity shares of Premier Morarji Chemical Co. Ltd.
2002
- Mr C B Nalawalla was appointed as an additional Director of the Company.
2006
- Shri. V K Punshi was appointed as Managing Director of the Company.
2007
- Shri. Dilip P Goculdas was appointed as Managing Director of the Agri Business of the Company.
2015
- DMCC was bestowed with a Certificate of Merit for Water Resource Management in Chemical Industry by the Indian Chemical Council for the year 2014.
2017
- The amalgamation of Borax Morarji Limited with The Dharamsi Morarji Chemical Company Limited was completed.
2022
- The company name was changed to DMCC Speciality Chemicals Ltd. from Dharamsi Morarji Chemicals Company Ltd.
