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Dai-Ichi Karkaria Overview

Dai-Ichi Karkaria Ltd is a globally recognized chemical manufacturing company headquartered in Mumbai, India. With a rich history spanning several decades, the company has established itself as a leading provider of specialty chemicals, polymers, and coatings for various industries. Dai-Ichi Karkaria has a diverse product portfolio, catering to sectors such as pharmaceuticals, personal care, textiles, paints and coatings, agrochemicals, and more. The company's commitment to research and development enables them to consistently innovate and del...Read More

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Dai-Ichi Karkaria Key Financials

Market Cap ₹196 Cr.

Stock P/E 31.7

P/B 1.1

Current Price ₹263.1

Book Value ₹ 246.9

Face Value 10

52W High ₹472

Dividend Yield 1.33%

52W Low ₹ 219

Dai-Ichi Karkaria Share Price

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Volume
Price

Dai-Ichi Karkaria Quarterly Price

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Dai-Ichi Karkaria Peer Comparison

Dai-Ichi Karkaria Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 35 35 33 34 37 41 70 39 43 38
Other Income 1 1 1 1 1 1 1 1 2 1
Total Income 36 36 35 35 38 42 71 40 44 39
Total Expenditure 33 33 31 32 35 38 62 38 41 38
Operating Profit 3 3 4 3 3 4 9 2 3 1
Interest 1 0 0 0 1 0 0 0 0 0
Depreciation 2 2 2 2 3 3 3 3 3 3
Exceptional Income / Expenses 21 0 0 0 0 2 0 0 0 -0
Profit Before Tax 20 0 1 -0 -0 3 7 -1 1 -2
Provision for Tax 5 -0 0 -0 0 1 2 -0 1 -1
Profit After Tax 15 1 1 -0 -0 2 5 -1 -0 -2
Adjustments -0 1 0 1 0 1 1 1 0 1
Profit After Adjustments 15 1 1 0 -0 3 6 0 0 -1
Adjusted Earnings Per Share 19.6 1.5 1.5 0.6 -0.3 3.5 8.3 0 0 -1.2

Dai-Ichi Karkaria Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 181 194 126 147 92 107 97 122 184 132 181 190
Other Income 8 4 12 6 3 4 5 4 6 4 4 5
Total Income 189 198 138 153 96 111 102 126 190 135 186 194
Total Expenditure 159 162 109 132 103 112 111 140 168 125 167 179
Operating Profit 30 37 30 21 -8 -1 -9 -14 22 10 19 15
Interest 0 1 0 0 7 10 9 1 3 3 2 0
Depreciation 5 2 2 4 8 9 9 7 7 9 10 12
Exceptional Income / Expenses 7 0 0 0 -1 -4 82 4 10 21 2 0
Profit Before Tax 32 34 27 16 -24 -25 56 -18 22 18 8 5
Provision for Tax 9 12 7 4 -12 0 7 0 4 5 2 2
Profit After Tax 23 22 21 12 -13 -25 48 -18 18 13 6 2
Adjustments -0 -0 4 2 0 2 2 0 2 0 3 3
Profit After Adjustments 23 22 25 14 -13 -23 51 -18 20 14 9 5
Adjusted Earnings Per Share 31.2 29.3 33.4 18.3 -16.9 -30.8 68 -24.2 26.9 18.7 12.1 7.1

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 37% 14% 11% 0%
Operating Profit CAGR 90% 0% 0% -4%
PAT CAGR -54% 0% 0% -13%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -30% -12% -7% -4%
ROE Average 3% 8% 9% 8%
ROCE Average 5% 10% 10% 12%

Dai-Ichi Karkaria Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 108 126 150 159 143 120 170 150 170 181 188
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 1 1 4 60 73 68 0 4 17 1 0
Other Non-Current Liabilities 21 26 2 38 26 27 35 35 -4 16 19
Total Current Liabilities 36 30 23 54 64 80 66 58 58 39 42
Total Liabilities 167 184 179 311 306 295 272 247 241 237 249
Fixed Assets 16 17 20 94 164 153 105 105 139 132 125
Other Non-Current Assets 42 61 68 118 70 68 75 73 33 53 53
Total Current Assets 108 106 91 100 72 74 93 67 68 53 70
Total Assets 167 184 179 311 306 295 272 247 241 237 249

Dai-Ichi Karkaria Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 5 7 4 2 4 5 1 12 2 6 6
Cash Flow from Operating Activities 5 11 3 -8 6 1 -22 -3 23 10 16
Cash Flow from Investing Activities -0 -8 -7 -57 -21 1 130 -4 -33 16 -4
Cash Flow from Financing Activities -3 -6 2 66 16 -6 -97 -2 13 -25 -10
Net Cash Inflow / Outflow 3 -3 -2 2 2 -4 11 -10 4 1 3
Closing Cash & Cash Equivalent 7 4 2 4 5 1 12 2 6 6 9

Dai-Ichi Karkaria Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 31.25 29.34 33.44 18.32 -16.93 -30.77 68.03 -24.2 26.94 18.66 12.11
CEPS(Rs) 37.38 32.45 30.75 22.08 -6.04 -20.78 76.44 -15.4 34.78 30.5 21.92
DPS(Rs) 2.5 3 3 2.5 0 0 3 0 4 2 3.5
Book NAV/Share(Rs) 140.59 164.93 201.17 213.19 191.54 160.6 228.82 201.21 228.05 242.63 252.56
Core EBITDA Margin(%) 11.75 15.96 13.03 10.25 -11.62 -4.7 -13.84 -14.92 8.68 4.76 7.94
EBIT Margin(%) 17.24 16.95 20.59 11.12 -18.42 -13.64 66.42 -13.63 13.75 16.18 5.66
Pre Tax Margin(%) 17.01 16.56 20.52 10.99 -26.21 -23.14 57.03 -14.84 12.09 13.87 4.65
PAT Margin (%) 12.23 10.8 15.59 8.04 -13.59 -23.14 49.48 -14.84 10.1 10.19 3.4
Cash Profit Margin (%) 14.63 11.94 17.1 11.04 -4.84 -14.37 58.17 -9.32 14.17 17.15 8.97
ROA(%) 16.31 12.46 11.5 4.88 -4.09 -8.3 17.09 -7.04 7.58 5.65 2.54
ROE(%) 24.7 19.21 15.32 7.76 -8.38 -19.01 33.39 -11.41 11.55 7.69 3.35
ROCE(%) 34.41 29.83 19.85 8.51 -7.1 -6.2 31.07 -9.26 13.25 10.51 5.14
Receivable days 64.88 67.19 78.28 62.21 91.91 62.54 82.38 61.38 44.27 67.76 52.39
Inventory Days 29.06 29.24 43.9 43.59 71.41 63.41 83.63 70.1 41.9 49.37 35.94
Payable days 77.41 88.1 95.23 68.94 125.95 129.66 182.69 140.31 89.16 102.56 62.67
PER(x) 5.02 11.9 14.84 21.61 0 0 4.38 0 13.44 27.36 19.67
Price/Book(x) 1.12 2.12 2.47 1.86 1.07 1.09 1.3 1.82 1.59 2.1 0.94
Dividend Yield(%) 1.59 0.86 0.6 0.63 0 0 1.01 0 1.11 0.39 1.47
EV/Net Sales(x) 0.59 1.3 2.93 2.48 2.7 2.19 2.33 2.37 1.63 2.99 0.99
EV/Core EBITDA(x) 3.56 6.88 12.45 17.33 -33.06 -189.49 -26.34 -20.62 13.42 39.01 9.5
Net Sales Growth(%) 22.81 7.09 -35 16.6 -37.13 16.05 -9.1 25.07 50.97 -28.47 37.85
EBIT Growth(%) 56.69 4.49 -19.58 -39.94 -203.32 14.14 542.38 -125.8 249.88 -14.79 -51.94
PAT Growth(%) 49.22 -6.1 -4.45 -42.65 -205.43 -97.47 294.23 -137.72 201.09 -26.96 -54.19
EPS Growth(%) 49.22 -6.1 13.96 -45.2 -192.38 -81.76 321.12 -135.58 211.31 -30.74 -35.11
Debt/Equity(x) 0.01 0.01 0.03 0.48 0.73 0.91 0.12 0.14 0.22 0.1 0.07
Current Ratio(x) 3.01 3.47 3.91 1.84 1.13 0.92 1.4 1.17 1.19 1.37 1.69
Quick Ratio(x) 2.55 2.95 3.21 1.49 0.86 0.67 1.04 0.77 0.85 0.94 1.23
Interest Cover(x) 74.33 43.62 275.9 82.85 -2.36 -1.44 7.07 -11.26 8.27 7 5.63
Total Debt/Mcap(x) 0.01 0.01 0.01 0.26 0.68 0.83 0.09 0.08 0.14 0.05 0.07

Dai-Ichi Karkaria Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 63.88 63.88 63.88 63.88 63.92 63.98 63.98 63.98 63.98 63.98
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 36.12 36.12 36.12 36.12 36.08 36.02 36.02 36.02 36.02 36.02
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Dai-Ichi Karkaria News

Dai-Ichi Karkaria Pros & Cons

Pros

  • Debtor days have improved from 102.56 to 62.67days.
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 8% over the last 3 years.
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