DMCC SPECIALITY CHEMICALS LIMITED — Investor Meet, 12-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

DMCC posted Q4 revenue of INR 125 Cr and PAT of INR 6.47 Cr; FY25 revenue was INR 430 Cr with PAT of INR 21.5 Cr and an EBITDA margin near 13.5%. Specialty and bulk chemicals contribute equally, with specialty volumes up 15-20%, aided by price hikes and selective growth. Boron sales neared INR 100 Cr. Europe demand is weak; exports are shifting to Latin America and China. Management flagged a new copper smelter in Kutch that may disrupt sulfuric acid supply. No major CAPEX planned; some capacity adjustments and specialty product launches underway. Profitability was hit by sulfur price spikes, with price resets expected in Q1FY26. Tone remains cautious but confident on growth.