DMCC SPECIALITY CHEMICALS LIMITED — Investor Meet, 25-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

DMCC reported strong Q4FY26 revenue of INR 177 Cr, taking FY26 to INR 582 Cr, primarily from passing on higher raw material costs, maintaining absolute margins. Working capital expanded due to sulfur price hikes and boron advance payments. The Middle East crisis caused a 15-day slowdown (60% capacity) at Roha in March; Dahej ran normally. Boron supply disruptions resolved. Specialty chemical sales improved in new markets (LatAm, Asia) offsetting European decline, with price increases passed on. R&D focus is on process; R&D intensity is set to increase. Management acknowledges high volatility, showing confidence in cost management and market diversification, but is cautious on outlook.