DCW Limited has informed the Exchange about Transcript

DCW Limited reported FY26 results with revenue of Rs.2,144 crores (+7.2% YoY), EBITDA of Rs.240 crores (+11.2% YoY), and PAT of Rs.48 crores (+60% YoY). The company achieved record sales volumes in C-PVC, synthetic iron oxide pigments, and synthetic rutile despite net realizations declining across most product segments. C-PVC realizations corrected by over 20% during the year, but volume growth of 60-70% in C-PVC helped offset margin pressure. The company expanded C-PVC capacity from 20,000 to 50,000 tons, commissioned on time and within budget. Debt reduction was significant - gross debt fell from Rs.426 crores to Rs.276 crores, with net debt-to-EBITDA at 0.3x. Management expects to become net debt-free by FY27 with scheduled repayments of Rs.130 crores. However, the earlier Rs.400 crores EBITDA guidance has been revised down to approximately Rs.300 crores due to continued pricing pressures in specialty chemicals.