DIC India Limited
DIC India Limited manufactures and sells printing inks and allied material in India. The company provides newspaper printing inks; gravure printing inks comprising lamination, and surface printing; solvent and water based flexo inks; specialty inks, including industrial, UV varnish, UV offset, and high speed UV news inks; and offset printing, commercial, and packaging inks, as well as concentrate… Read more
DIC India Limited (DICIND) - Net Assets
Latest net assets as of June 2025: ₹4.18 Billion INR
Based on the latest financial reports, DIC India Limited (DICIND) has net assets worth ₹4.18 Billion INR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹6.13 Billion) and total liabilities (₹1.94 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹4.18 Billion |
| % of Total Assets | 68.28% |
| Annual Growth Rate | 5.02% |
| 5-Year Change | 9.45% |
| 10-Year Change | 46.37% |
| Growth Volatility | 9.17 |
DIC India Limited - Net Assets Trend (2007–2024)
This chart illustrates how DIC India Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for DIC India Limited (2007–2024)
The table below shows the annual net assets of DIC India Limited from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₹4.15 Billion | +4.78% |
| 2023-12-31 | ₹3.96 Billion | -6.14% |
| 2022-12-31 | ₹4.22 Billion | +9.41% |
| 2021-12-31 | ₹3.86 Billion | +1.72% |
| 2020-12-31 | ₹3.79 Billion | +27.35% |
| 2019-12-31 | ₹2.98 Billion | +6.44% |
| 2018-12-31 | ₹2.80 Billion | -3.41% |
| 2017-12-31 | ₹2.90 Billion | -4.09% |
| 2016-12-31 | ₹3.02 Billion | +6.49% |
| 2015-12-31 | ₹2.84 Billion | +8.92% |
| 2014-12-31 | ₹2.60 Billion | -10.60% |
| 2013-12-31 | ₹2.91 Billion | +2.91% |
| 2012-12-31 | ₹2.83 Billion | +6.48% |
| 2011-12-31 | ₹2.66 Billion | +9.10% |
| 2010-12-31 | ₹2.44 Billion | +22.88% |
| 2009-12-31 | ₹1.98 Billion | +1.75% |
| 2008-12-31 | ₹1.95 Billion | +7.97% |
| 2007-12-31 | ₹1.81 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to DIC India Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 274994700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹2.75 Billion | 66.22% |
| Common Stock | ₹91.79 Million | 2.21% |
| Other Comprehensive Income | ₹655.97 Million | 15.80% |
| Other Components | ₹654.81 Million | 15.77% |
| Total Equity | ₹4.15 Billion | 100.00% |
DIC India Limited Competitors by Market Cap
The table below lists competitors of DIC India Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Global SM Tech Limited
KQ:900070
|
$9.74 Million |
|
Centrale d'Achat Française pour l'Outre-Mer Société Anonyme
PA:CAFO
|
$9.74 Million |
|
DOMIKI KRITIS EO 048
F:F9P
|
$9.75 Million |
|
Yorbeau Resources Inc
PINK:YRBAF
|
$9.75 Million |
|
Curis Inc
NASDAQ:CRIS
|
$9.74 Million |
|
Youngtimers AG
SW:YTME
|
$9.74 Million |
|
Charnic Capital Tbk PT
JK:NICK
|
$9.74 Million |
|
Tigers Realm Coal Ltd
AU:TIG
|
$9.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DIC India Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,963,245,000 to 4,152,516,000, a change of 189,271,000 (4.8%).
- Net income of 195,390,000 contributed positively to equity growth.
- Dividend payments of 356,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹195.39 Million | +4.71% |
| Dividends Paid | ₹356.00K | -0.01% |
| Other Changes | ₹-5.76 Million | -0.14% |
| Total Change | ₹- | 4.78% |
Book Value vs Market Value Analysis
This analysis compares DIC India Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.08x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.89x to 1.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | ₹259.35 | ₹490.50 | x |
| 2008-12-31 | ₹213.82 | ₹490.50 | x |
| 2009-12-31 | ₹216.08 | ₹490.50 | x |
| 2010-12-31 | ₹265.53 | ₹490.50 | x |
| 2011-12-31 | ₹289.69 | ₹490.50 | x |
| 2012-12-31 | ₹308.46 | ₹490.50 | x |
| 2013-12-31 | ₹317.44 | ₹490.50 | x |
| 2014-12-31 | ₹283.79 | ₹490.50 | x |
| 2015-12-31 | ₹309.09 | ₹490.50 | x |
| 2016-12-31 | ₹329.16 | ₹490.50 | x |
| 2017-12-31 | ₹315.68 | ₹490.50 | x |
| 2018-12-31 | ₹304.91 | ₹490.50 | x |
| 2019-12-31 | ₹324.56 | ₹490.50 | x |
| 2020-12-31 | ₹413.34 | ₹490.50 | x |
| 2021-12-31 | ₹420.46 | ₹490.50 | x |
| 2022-12-31 | ₹460.02 | ₹490.50 | x |
| 2023-12-31 | ₹431.70 | ₹490.50 | x |
| 2024-12-31 | ₹452.46 | ₹490.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DIC India Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.23%
- • Asset Turnover: 1.49x
- • Equity Multiplier: 1.41x
- Recent ROE (4.71%) is below the historical average (6.13%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 7.89% | 3.21% | 1.49x | 1.65x | ₹-38.07 Million |
| 2008 | 9.31% | 3.52% | 1.51x | 1.75x | ₹-13.43 Million |
| 2009 | 11.24% | 4.85% | 1.43x | 1.62x | ₹24.61 Million |
| 2010 | 20.82% | 9.17% | 1.53x | 1.49x | ₹263.68 Million |
| 2011 | 9.95% | 3.92% | 1.61x | 1.58x | ₹-1.40 Million |
| 2012 | 7.59% | 3.02% | 1.57x | 1.61x | ₹-68.19 Million |
| 2013 | 4.30% | 1.76% | 1.59x | 1.54x | ₹-166.01 Million |
| 2014 | -11.86% | -4.28% | 1.66x | 1.67x | ₹-569.39 Million |
| 2015 | 10.47% | 3.96% | 1.84x | 1.44x | ₹13.41 Million |
| 2016 | 7.56% | 3.23% | 1.59x | 1.47x | ₹-73.71 Million |
| 2017 | -4.27% | -1.67% | 1.51x | 1.70x | ₹-413.45 Million |
| 2018 | -3.33% | -1.12% | 1.38x | 2.15x | ₹-373.12 Million |
| 2019 | 6.19% | 2.35% | 1.68x | 1.57x | ₹-113.45 Million |
| 2020 | 22.64% | 14.17% | 1.15x | 1.39x | ₹479.60 Million |
| 2021 | 3.21% | 1.67% | 1.21x | 1.58x | ₹-262.05 Million |
| 2022 | 9.71% | 4.72% | 1.34x | 1.54x | ₹-12.41 Million |
| 2023 | -5.72% | -2.75% | 1.42x | 1.47x | ₹-623.09 Million |
| 2024 | 4.71% | 2.23% | 1.49x | 1.41x | ₹-219.86 Million |
Industry Comparison
This section compares DIC India Limited's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $2,571,777,102
- Average return on equity (ROE) among peers: 15.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DIC India Limited (DICIND) | ₹4.18 Billion | 7.89% | 0.46x | $9.74 Million |
| Aarti Industries Limited (AARTIIND) | $8.75 Billion | 18.56% | 2.05x | $1.01 Billion |
| Aarti Surfactants Limited (AARTISURF) | $2.18 Billion | 9.78% | 0.94x | $15.14 Million |
| ABM International Limited (ABMINTLLTD) | $214.51 Million | 3.09% | 0.89x | $294.24K |
| ACUTAAS CHEMICALS LTD (ACUTAAS) | $5.94 Billion | 14.02% | 0.29x | $247.08K |
| Advanced Enzyme Technologies Limited (ADVENZYMES) | $984.09 Million | 34.30% | 2.55x | $95.16 Million |
| Agarwal Industrial Corporation Limited (AGARIND) | $739.40 Million | 9.29% | 0.98x | $26.89 Million |
| Alkali Metals Limited (ALKALI) | $513.80 Million | 2.54% | 0.73x | $1.88 Million |
| Alkyl Amines Chemicals Limited (ALKYLAMINE) | $3.79 Billion | 22.71% | 1.01x | $204.91 Million |
| Ami Organics Limited (AMIORG) | $107.73 Million | 26.58% | 2.59x | $704.27 Million |
| Anupam Rasayan India Limited (ANURAS) | $2.50 Billion | 13.94% | 1.53x | $318.75 Million |