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DIC India Q2 FY27 results: net profit down 66.1% to ₹1.99 crore, revenue up 22.8%
DIC India Limited reported standalone Q2 FY27 revenue of ₹274.02 crore, up 22.8% from Q2 FY26, while EBITDA fell 44.9% to ₹6.47 crore and net profit fell 66.1% to ₹1.99 crore. The result was announced after market hours on 3 November 2026.
Key points
- Standalone Q2 FY27 revenue was ₹274.02 crore, up 22.8% from ₹223.17 crore in Q2 FY26 but down 3.5% from Q1 FY27.
- EBITDA was ₹6.47 crore in Q2 FY27, down from ₹11.74 crore in Q2 FY26 and ₹22.44 crore in Q1 FY27; EBITDA margin was 2.4%.
- Net profit was ₹1.99 crore in Q2 FY27, compared with ₹5.87 crore in Q2 FY26 and ₹14.27 crore in Q1 FY27; basic EPS was ₹2.17.
- In H1 FY27, revenue rose 21.0% to ₹798.49 crore and net profit rose 59.8% to ₹20.49 crore from H1 FY26.
- The company’s board approved the quarterly and nine-month results and also announced two independent-director appointments and two resignations.
How did DIC India perform in Q2 FY27?
DIC India reported standalone revenue of ₹274.02 crore for Q2 FY27, up 22.8% from ₹223.17 crore in Q2 FY26, while total income was ₹275.48 crore against ₹224.36 crore. Revenue was down 3.5% from ₹283.95 crore in Q1 FY27, and total income fell 3.6% from ₹285.62 crore. The company also reported figures for the quarter and nine months ended 30 September 2026 as unaudited.
EBITDA fell to ₹6.47 crore from ₹11.74 crore in Q2 FY26 and ₹22.44 crore in Q1 FY27. The EBITDA margin was 2.4%, compared with 5.3% in Q2 FY26 and 7.9% in Q1 FY27. Profit before tax was ₹2.85 crore, down from ₹7.93 crore and ₹19.17 crore respectively, while net profit was ₹1.99 crore against ₹5.87 crore and ₹14.27 crore. Basic EPS was ₹2.17, compared with ₹6.4 and ₹15.54.
| ₹ crore | Q2 FY27 | Q1 FY27 | Q2 FY26 | YoY | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 274.02 | 283.95 | 223.17 | +22.8% | −3.5% |
| Other income | 1.47 | 1.66 | 1.19 | +23.5% | −11.4% |
| Total expenses | 272.63 | 266.45 | 216.43 | +26.0% | +2.3% |
| EBITDA | 6.47 | 22.44 | 11.74 | −44.9% | −71.2% |
| EBITDA margin | 2.4% | 7.9% | 5.3% | −2.9 pp | −5.5 pp |
| Profit before tax | 2.85 | 19.17 | 7.93 | −64.1% | −85.1% |
| Tax | 0.86 | 4.90 | 2.06 | −58.3% | −82.4% |
| Net profit | 1.99 | 14.27 | 5.87 | −66.1% | −86.1% |
| EPS (₹) | 2.17 | 15.54 | 6.40 | −66.1% | −86.0% |
EBITDA here is revenue from operations less operating costs (total expenses excluding finance costs and depreciation): before other income and exceptional items. Growth is shown only when both figures are positive. Source: Company's results filing (XBRL).
What changed in DIC India's costs and profit?
Total expenses were ₹272.63 crore in Q2 FY27, up ₹56.20 crore or 26.0% from ₹216.43 crore in Q2 FY26. Cost of materials was the largest movement, rising ₹51.30 crore or 30.4% to ₹220.14 crore from ₹168.84 crore. Other expenses increased ₹3.47 crore or 11.5% to ₹33.72 crore, while finance costs rose ₹0.15 crore or 45.5% to ₹0.48 crore.
Employee cost declined ₹0.70 crore or 3.7% to ₹18.11 crore from ₹18.81 crore, and depreciation fell ₹0.06 crore or 1.3% to ₹4.61 crore from ₹4.67 crore. Other income increased ₹0.28 crore or 23.5% to ₹1.47 crore from ₹1.19 crore. There was no exceptional item, and tax was ₹0.86 crore, down ₹1.20 crore or 58.3% from ₹2.06 crore.
Against Q1 FY27, total expenses increased ₹6.18 crore or 2.3% to ₹272.63 crore. Cost of materials rose ₹14.07 crore or 6.8% to ₹220.14 crore and finance costs rose ₹0.11 crore or 29.7% to ₹0.48 crore. Employee cost fell ₹2.12 crore or 10.5%, other expenses fell ₹2.16 crore or 6.0%, and tax fell ₹4.04 crore or 82.4% to ₹0.86 crore. There was no exceptional item.
| ₹ crore | Q2 FY27 | Q2 FY26 | Change | Change % |
|---|---|---|---|---|
| Cost of materials | 220.14 | 168.84 | +51.30 | +30.4% |
| Employee cost | 18.11 | 18.81 | −0.70 | −3.7% |
| Finance costs | 0.48 | 0.33 | +0.15 | +45.5% |
| Depreciation | 4.61 | 4.67 | −0.06 | −1.3% |
| Other expenses | 33.72 | 30.25 | +3.47 | +11.5% |
| Total expenses | 272.63 | 216.43 | +56.20 | +26.0% |
| Other income | 1.47 | 1.19 | +0.28 | +23.5% |
| Tax | 0.86 | 2.06 | −1.20 | −58.3% |
Source: Company's results filing (XBRL).
How did the first half of FY27 go?
In the first half of FY27, DIC India reported standalone revenue of ₹798.49 crore, up 21.0% from ₹659.86 crore in H1 FY26. Total income was ₹803.62 crore, up 21.1% from ₹663.8 crore, while profit before tax rose 59.4% to ₹27.81 crore from ₹17.45 crore.
Net profit for H1 FY27 was ₹20.49 crore, up 59.8% from ₹12.82 crore in H1 FY26. Basic EPS was ₹22.32, compared with ₹13.97 in the year-ago period. The first-half figures cover the quarter and nine months ended 30 September 2026.
| ₹ crore | H1 FY27 | H1 FY26 | Change |
|---|---|---|---|
| Revenue from operations | 798.49 | 659.86 | +21.0% |
| Profit before tax | 27.81 | 17.45 | +59.4% |
| Net profit | 20.49 | 12.82 | +59.8% |
| EPS (₹) | 22.32 | 13.97 | +59.8% |
Source: Company's results filing (XBRL).
How has DIC India done over the last 8 quarters?
Revenue rose year on year in each of the last five quarters. In the reported sequence, revenue reached ₹283.95 crore in Q1 FY27 before easing to ₹274.02 crore in Q2 FY27; the earlier low was ₹210.21 crore in Q4 FY25. Net profit had reached ₹14.27 crore in Q1 FY27 before falling to ₹1.99 crore in Q2 FY27.
The EBITDA margin peaked at 7.9% in Q1 FY27 and fell to 2.4% in Q2 FY27, the lowest level in the reported sequence after 3.2% in Q4 FY25. Revenue direction is now lower sequentially, while net profit and margin also fell from the Q1 FY27 peak.
What else did the company announce?
The board approved the unaudited financial results for the quarter and nine months ended 30 September 2026, along with a limited review report carrying an unmodified opinion from Price Waterhouse Chartered Accountants LLP. The board meeting began at 02:00 P.M. and concluded at 06:02 P.M. on 3 November 2026.
The company appointed Tony Sirohi and Shalini Kapoor as additional non-executive independent directors, subject to shareholders’ approval, for terms of 3 years from 3 November 2026. It also approved a postal ballot seeking shareholder approval for the appointments. Prabal Sarkar and Pritha Dutt resigned as independent directors with effect from the close of business hours on 5 November 2026.
How did DIC India shares react?
DIC India’s shares fell 0.1% within 5 minutes, 1.0% within 15 minutes and 2.0% within 30 minutes of the after-market filing. On the reaction day, the stock fell 9.3% from its pre-results close of ₹532, and by the next day’s close it was down 11.1% from that close. The filing price was ₹505.
| After the filing | Stock | Chemicals & Petrochemicals median |
|---|---|---|
| 5 minutes | −0.1% | |
| 15 minutes | −1.0% | |
| 30 minutes | −2.0% | |
| Reaction day | −9.3% | +1.1% |
| Next day | −11.1% | +1.8% |
Minutes are measured from the price when the filing appeared; days from the previous close. Source: MarketPing price-reaction measurement.
| Results filed on | Stock on the reaction day |
|---|---|
| 12 August 2026 | +14.9% |
| 13 May 2026 | −4.8% |
| 24 February 2026 | +0.9% |
| 13 November 2025 | −1.1% |
| 13 August 2025 | +0.9% |
| 8 May 2025 | −3.0% |
| 21 February 2025 | +5.9% |
| 14 November 2024 | −1.2% |
Source: MarketPing price-reaction measurement.
Quick answers
What was DIC India's revenue in Q2 FY27?
Revenue from operations was ₹274.02 crore, up 22.8% from ₹223.17 crore in Q2 FY26 (standalone).
Did DIC India make a profit in Q2 FY27?
Yes. Net profit was ₹1.99 crore, against a net profit of ₹5.87 crore in Q2 FY26.
What was DIC India's EPS in Q2 FY27?
Basic earnings per share were ₹2.17, against ₹6.40 in Q2 FY26.
How did DIC India shares react to the Q2 FY27 results?
On the reaction day the stock moved −9.3% from the previous close; the median Chemicals & Petrochemicals stock moved +1.1%.
When did DIC India announce its Q2 FY27 results?
On 3 November 2026, in a filing to the BSE.
Sources
How this was written: every figure in the tables and charts is calculated from the company’s filed results (XBRL) and MarketPing’s price measurements. The text is drafted with AI from those figures and the filings, and a checker removes any sentence carrying a number it cannot trace to them. How we write these.
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