DCW Q1 FY27 results: revenue up, profit dips; new CEO appointed
DCW · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.7 pts less than Nifty Microcap 250 and 3.7 pts less than its Petrochemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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DCW posted Q1 FY27 revenue of Rs 541.91 cr (up 14% YoY) but profit before tax fell sharply to Rs 35.69 lakh from Rs 17.67 cr a year ago, as Basic Chemicals swung to a Rs 27.68 cr loss. Net profit stood at Rs 10.29 cr (vs Rs 11.39 cr) aided by a one-time Rs 34.28 cr deferred tax gain from MAT credit transition. Mr Sudarshan Ganapathy elevated from COO to CEO. Auditor flagged emphasis of matter on pending tax and land disputes over Rs 100 cr.
Revenue grew 14% YoY but profits fell on Basic Chemicals losses. Contingent liabilities over Rs 100 cr flagged. New CEO appointed from within.