Company Overview

Ducol Organics & Colours Ltd is an India-based company engaged in the manufacturing and selling of pigment dispersions, preparations, concentrates, paste colorants, and master batches. Incorporated in 1924 and converted into a Public Company in 2022, the company has established itself as a specialized player in the chemicals sector, specifically within the dyes and pigments segment. It offers a comprehensive range of color solutions for diverse industries including paints, inks, textiles, paper, rubber, plastics, and fast-moving consumer goods (FMCG). The company's products serve as essential raw materials, positioning it as an important supplier in the value chain.

Business Operations and Infrastructure

Ducol Organics & Colours Ltd operates three manufacturing facilities: two plants located in Taloja and a third in Mahad. These facilities are supported by well-equipped laboratories focused on developing process capabilities and product application techniques, ensuring robust quality control and the ability to deliver customized solutions. The company possesses integrated operations to provide comprehensive product solutions to its pan-India customer base.

Corporate Structure and Listing Details

Ducol Organics & Colours Limited was originally incorporated as a Private Company on June 16, 1994. It was converted into a Public Company and renamed 'Ducol Organics And Colours Limited' on July 1, 2022, by the Registrar of Companies, Maharashtra. The company trades on both the NSE and BSE under the symbol DUCOL.

Registered Office:

Office No 302, Express Building, 14-E Road, Churchgate, Mumbai, Maharashtra-400020

Phone: 91-22-4608 2353

Financial Performance and Key Metrics

As of July 2025, the company's Market Capitalization stands at ₹201 Crore. Recent financial data indicates Revenue of ₹77.4 Crore and Profit of ₹4.62 Crore. The company has reported mixed financial performance in recent periods.

Key Financial Highlights (Based on Latest Available Data):

- Operating Revenue (Trailing 12 Months): ₹242.29 Crore

- Pre-tax Margin: 8%

- Return on Equity (ROE): 7% (on latest available data)

- Debt to Equity Ratio: 9%

- Dividend Yield: 0.43%

- Annual Revenue Growth (Past 5 Years): -14%

Stock Performance and Valuation

The stock has experienced volatility, reflecting the cyclical nature of the chemicals industry.

- 52-Week High: ₹164.40

- 52-Week Low: ₹85.05

- Current PE Ratio (as of March 2025): 36.08

- Current PB Ratio: 2.55

Shareholding Pattern and Governance

Promoter holding has seen a slight dilution, decreasing to 51.21% as of January 2025 from 57.38% in September 2023. However, promoters continue to maintain majority control with 51.3% of the stake.

Key Governance Personnel:

- Chairman: _(Name not provided in source)_

- Independent Director: Shivani S. Tiwari

- Company Secretary & Compliance Officer: Sabina Bee Qureshi

Industry Position and Challenges

Ducol Organics & Colours Ltd operates within the Materials sector, specifically the Commodity Chemicals sub-sector. The company faces a competitive landscape characterized by fluctuating raw material costs and demand. Over the past five years, the company has delivered sales growth of 3.65% and a low return on equity of 7.91% over the last three years. The annual revenue de-growth of -14% highlights significant growth challenges in the current business environment.

Future Outlook and Strategy

Despite the challenges, Ducol Organics & Colours Ltd continues to focus on expanding its product portfolio, strengthening relationships with existing clients, and exploring opportunities in international markets to drive future growth. The company also exports to over 30 countries, providing geographical diversification and reducing dependence on any single market.