DMCC Speciality Chemicals Ltd
NSE:DMCC
DMCC Speciality Chemicals Ltd
DMCC Speciality Chemicals Ltd. manufactures and markets chemicals and agri-inputs. The company is headquartered in Mumbai, Maharashtra and currently employs 391 full-time employees. The firm operates through manufacturing and sale of chemicals segment. The company offers its products in various categories, such as Base Chemicals, including Chloro Sulphonic Acid (Commercial Grade), Diethyl Ether, Oleum 23% (Commercial Grade), Oleum 65% (Commercial Grade), Sulfuric Acid (Battery Grade) and Sulfuric Anhydride (Stabilised); Functional Chemicals, including 3,3' - Diamino Diphenyl Sulfone, Benzene Sulfonamide and Benzene Sulfonic Acid; Boron Chemicals, including Ammonium Pentaborate, 3,3' - Dinitro Diphenyl Sulfone, Borax Decahydrate and Borax Pentahydrate, and Life Science, including Benzene Sulfonyl Chloride, Diethyl Ether, Diethyl Sulfate and others. Its products are used across various industries, including agro-chemicals, ceramic, cosmetics, detergents, and fertilizers.
DMCC Speciality Chemicals Ltd. manufactures and markets chemicals and agri-inputs. The company is headquartered in Mumbai, Maharashtra and currently employs 391 full-time employees. The firm operates through manufacturing and sale of chemicals segment. The company offers its products in various categories, such as Base Chemicals, including Chloro Sulphonic Acid (Commercial Grade), Diethyl Ether, Oleum 23% (Commercial Grade), Oleum 65% (Commercial Grade), Sulfuric Acid (Battery Grade) and Sulfuric Anhydride (Stabilised); Functional Chemicals, including 3,3' - Diamino Diphenyl Sulfone, Benzene Sulfonamide and Benzene Sulfonic Acid; Boron Chemicals, including Ammonium Pentaborate, 3,3' - Dinitro Diphenyl Sulfone, Borax Decahydrate and Borax Pentahydrate, and Life Science, including Benzene Sulfonyl Chloride, Diethyl Ether, Diethyl Sulfate and others. Its products are used across various industries, including agro-chemicals, ceramic, cosmetics, detergents, and fertilizers.
Revenue Growth: Q2 revenue was INR 126 crores, flat sequentially but up about 25% year-over-year; H1 revenue crossed INR 250 crores, up from INR 188 crores YoY.
Boron Business Disruption: Boron business faced significant supply chain issues due to distributor change, resulting in lost sales of around INR 10 crores per month; normal operations expected from second half of Q3.
Export Weakness: Exports to Europe have dropped sharply due to lower consumption, not competition, with about INR 40 crores of export business to Europe practically disappearing.
Margin Commentary: Profit before tax for Q2 was INR 8.28 crores, down from INR 11 crores QoQ and slightly below last year; H1 profit before tax was INR 19 crores, up from INR 10.4 crores YoY.
Cost Pass-Through: Rising sulfur costs were successfully passed on to customers, supporting the top line, though future pricing remains uncertain as new domestic capacity ramps up.
Market Diversification: Company is actively pursuing new markets in Latin America and China to replace lost European sales.
Solar Commissioning: A new solar power plant was commissioned, expected to reduce electricity costs and carbon footprint from Q3 onwards.
