About -
Dharamsi Morarji Chemical Company Limited (DMCC), established in 1919, with just 1 product & 1 mfg unit. The Company, at present,
is a leading manufacturer of speciality & bulk chemicals with
a global footprint, exports products to 25+ countries across 6 continents.
Dharamsi Morarji Chemical Company Limited (DMCC), established in 1919, with just 1 product & 1 mfg unit. The Company, at present,
is a leading manufacturer of speciality & bulk chemicals with
a global footprint, exports products to 25+ countries across 6 continents.
Global Presence -
DMCC has been earning 54.91% from Europe, 23.75% from Asia, 20.65% from North America and 0.69% Rest of the world.
32% of total revenue derive from
exports, 68% from domestic.
DMCC has been earning 54.91% from Europe, 23.75% from Asia, 20.65% from North America and 0.69% Rest of the world.
32% of total revenue derive from
exports, 68% from domestic.
Financials -
Q3 FY22(YoY)
Revenue were at Rs. 81.48 Cr. ⬆️72%
EBITDA at Rs. 12 Cr. ⬆️31%
PAT at Rs. 6.5 Cr. ⬆️36%
Q3 FY22(YoY)
Revenue were at Rs. 81.48 Cr. ⬆️72%
EBITDA at Rs. 12 Cr. ⬆️31%
PAT at Rs. 6.5 Cr. ⬆️36%
Product Offerings -
▪️BULK CHEMICALS: These are low margin products sold within a limited radius from the
manufacturing site. Almost 50% of this is sold in the market the remainder is
used for captive consumption.
Products:
Sulphuric acid, Oleum, Sulphuric anhydride, etc.
▪️BULK CHEMICALS: These are low margin products sold within a limited radius from the
manufacturing site. Almost 50% of this is sold in the market the remainder is
used for captive consumption.
Products:
Sulphuric acid, Oleum, Sulphuric anhydride, etc.
▪️SPECIALITY CHEMICALS: These are high margin products. These chemicals are created with extensive R&D. DMCC exports 65/70% of specialy chemicals.
Products:
Benzene sulphonic acid, Phenol sulphonic acid, Sodium benzene sulphonate, Thiopheno, Menthyl lactate, etc.
Products:
Benzene sulphonic acid, Phenol sulphonic acid, Sodium benzene sulphonate, Thiopheno, Menthyl lactate, etc.
Capex Update -
To be prepared to meet
the rising demand & the dynamic needs
of existing &
potential customers,
DMCC has decided to
undertake strategic
Capex.
To be prepared to meet
the rising demand & the dynamic needs
of existing &
potential customers,
DMCC has decided to
undertake strategic
Capex.
Clients -
DMCC exports to more than 25 countries in 6 continents. They serves a number of clients including Alkyl Amines, IPCA, Aurobindo, Dow, Deepak Nitrite, Pidilite, BASF, etc.
DMCC exports to more than 25 countries in 6 continents. They serves a number of clients including Alkyl Amines, IPCA, Aurobindo, Dow, Deepak Nitrite, Pidilite, BASF, etc.
Indian Chemical Industries -
India has one of the largest global chemical markets is
ranked 6th in the world & 4th in Asia in terms of global
sale of chemicals. Indian chemical industry is fragmented
with large, medium & small players.
India has one of the largest global chemical markets is
ranked 6th in the world & 4th in Asia in terms of global
sale of chemicals. Indian chemical industry is fragmented
with large, medium & small players.
The industry is estimated to
reach $300 Billion by FY 2024-25. In terms of demand, the
industry has grown at approx 1.3× the country’s average
GDP growth in the last 5yrs & shows a strong linkage with
its GDP.
reach $300 Billion by FY 2024-25. In terms of demand, the
industry has grown at approx 1.3× the country’s average
GDP growth in the last 5yrs & shows a strong linkage with
its GDP.
Long Term Triggers -
• The current per capita consumption of chemical products in
India is about one-tenth of the global average & is expected to
double by 2025.
• Govt introduced (PLI) scheme to promote
domestic manufacturing.
• The current per capita consumption of chemical products in
India is about one-tenth of the global average & is expected to
double by 2025.
• Govt introduced (PLI) scheme to promote
domestic manufacturing.
• Rise in demand from
end-user industries such
as food processing,
personal care &
home care is driving
development of different
segments in India’s
speciality chem
market.
• Several global oil & gas majors are turning their sights on downstream chemical opportunitie.
end-user industries such
as food processing,
personal care &
home care is driving
development of different
segments in India’s
speciality chem
market.
• Several global oil & gas majors are turning their sights on downstream chemical opportunitie.
Risks -
• Unavailability of raw material & fluctuation in prices is a
major threat to the business.
• Inability of the Company to retain its customer may affect the
financial performance.
• Unavailability of raw material & fluctuation in prices is a
major threat to the business.
• Inability of the Company to retain its customer may affect the
financial performance.
• Due to the unfavourable Govt policy, co is unable to import the raw materials needed to develop
solutions under the boron chemistry segment.
solutions under the boron chemistry segment.
Conclusion -
India's chemicals industry is in a decadal growth opportunity.
Growth will be powered by strong tailwinds in exports due to a shift in global supply chain driven by the China+1 policy of vendors & demand recovery in domestic end user segments.
India's chemicals industry is in a decadal growth opportunity.
Growth will be powered by strong tailwinds in exports due to a shift in global supply chain driven by the China+1 policy of vendors & demand recovery in domestic end user segments.
Please 🙏 like 👍, comment & retweet ♻️ if you find this useful
@caniravkaria @DrdhimanBhatta1 @SwarnashishC @shubhfin
@caniravkaria @DrdhimanBhatta1 @SwarnashishC @shubhfin
Loading suggestions...