DMCC Speciality Chemicals Limited

DMCC Speciality Chemicals demonstrated resilience in fiscal year 2026, with Q4 earnings showing a 24% year-over-year increase in profit after tax to ₹7.65 crore and a 17.75% rise in revenue to ₹177.64 crore, largely fueled by higher sulphuric acid realisations. While the Middle East conflict presented raw material availability challenges at the Roha facility and led to a working capital stretch managed through short-term borrowings, the company observed encouraging signs of demand revival in its specialty chemicals segment. Investors should monitor the persistence of supply chain disruptions and geopolitical uncertainties, alongside the ongoing GST dispute, where the company intends to appeal a recent ₹1.05 crore demand order.