DMCC Speciality Chemicals Ltd (DMCC)

Ratansi D Morarji established Dharamsi Morarji Chemicals Co (DMCC) in 1919 with the intention of manufacturing chemicals. Now a prominent multiproduct, multilocational organisation, DMCC is the largest SSP producer in India and a major producer of heavy chemicals. DMCC holds 32 and 38.62 equity stakes respectively in two other group companies, Udaipur Phosphates and Fertilizers Ltd. and Borax Morarji Limited. With diverse operations such as the manufacturing of fertilisers, acids, and chemicals, DMCC has an external project division which conducts basic and detailed engineering, project management, supervision of erection and commissioning services, and more. Moreover, DMCC is the go-to for pollution control and effluent treatment plants as well as offering distillery waste water treatment plants and characterisation studies for environmental impact analyses. DMCC has also opened up the RD Division to focus on research and development and is further recognised by the Department of Science and Technology, Government of India. To reduce its dependence on the fertiliser division, DMCC has been steadily increasing its contribution in the chemicals division from 42 to 48 over the past three years. With its combined 576700 tpa SSP, 481300 tpa Sulphuric Acid, 73000 tpa Chlorosulphuric Acid, and 86328 tpa Alumina Sulphate installed capacity amongst other capabilities, DMCC was awarded 'Export House Status' by the Government of India showcasing its credible reputation on a global scale. To ensure operational excellence, DMCC received both ISO 9001 and ISO 9002 certifications by BVQI UK. DMCL also incorporated DMCC Oil Terminals Navlakhi Ltd as an infrastructure project to address the import, storage, and transportation of LPG and other petroleum products. Finally, the company is studying new speciality chemicals/performance chemicals which brings them full circle to the inaugural purpose of their organisation.

Share Price: ₹345.30 per share as on 30 Apr, 2024 04:01 PM
Market Capitalisation: ₹861.18Cr as of today
Revenue: ₹80.53Cr as on December 2023 (Q4 23)
Net Profit: ₹0.31Cr as on December 2023 (Q4 23)
Listing date: 06 Jan, 1995
Chairperson Name: Laxmikumar N Goculdas