About DMCC Speciality Chemicals Limited

DMCC Speciality Chemicals Limited, formerly known as The Dharamsi Morarji Chemical Company Limited, was founded in 1919. The company pioneered the production of sulphuric acid and phosphate fertilisers in India and has since transformed into a fully integrated speciality chemical enterprise. Its expertise spans sulphur, boron, and ethanol chemistry, supported by two advanced manufacturing facilities located in Roha, Maharashtra, and Dahej, Gujarat.

The company produces 38 products catering to industries such as agriculture, pharmaceuticals, detergents, dyes, pigments, coatings, ceramics, steel, and cosmetics. With a dedicated workforce of over 400 professionals, DMCC exports its products to more than 25 countries across five continents. The company also operates an overseas subsidiary, DMCC (Europe) GmbH, based in Germany, strengthening its global presence.

As of March 31, 2025, DMCC had nearly exited fertilisers to focus on speciality and bulk chemicals, achieving sustainable foreign exchange earnings independent of government support. Its R&D centre at Roha is recognised by the Council of Scientific and Industrial Research (CSIR), Government of India, for technical innovation and product development.

DMCC Speciality Chemicals Limited’s Business Segments

The company operates under two principal segments:

• Bulk Chemicals: Includes sulphuric acid, oleum, sulphuric anhydride, and chlorosulphonic acid. This segment contributed 56% of revenue in FY25.

• Speciality Chemicals: Comprises sulphonating agents, boron derivatives, and niche downstream products customised for client needs. This segment contributed 44% of revenue in FY25.

In terms of geography, revenue from operations in FY25 stood at Rs 34,363.55 lakh from India and Rs 8,215.66 lakh from outside India, representing approximately 81% domestic and 19% international sales.

DMCC Speciality Chemicals Limited’s Key Management

The key management team includes:

• Shri Laxmikumar N. Goculdas, Chairman

• Ms. Mitika L. Goculdas, Vice Chairperson

• Shri Bimal L. Goculdas, Managing Director & Chief Executive Officer

• Shri Kuldeep Kumar Tiwari, Executive Director (Operations)

• Shri Sanjeev V. Joshi, Non-Executive Independent Director

• Shri Mukul M. Taly, Non-Executive Independent Director

• Dr. (Mrs.) Janaki A. Patwardhan, Non-Executive Independent Director

• Shri Haren D. Parekh, Independent Director (appointed May 23, 2024)

• Shri Sunil Kumar Goyal, Chief Finance Officer

• Ms. Sonal Naik, Company Secretary & Compliance Officer (appointed August 26, 2024)

Latest Updates on DMCC Speciality Chemicals Limited

In FY25, DMCC reported consolidated revenue from operations of Rs 431.30 crore, a 31.5% year-on-year growth. EBITDA stood at Rs 58.36 crore, while profit after tax rose 86% to Rs 21.53 crore.

Key developments during the year included:

• Securing Responsible Care Certification for both Dahej and Roha facilities

• Strong performance of the boron business, contributing nearly Rs 100 crore annually after debottlenecking

• Expansion into new export markets such as Latin America and China, offsetting weaker demand from Europe

• Enhanced domestic traction in bulk and speciality chemicals with over 90% capacity utilisation in bulk chemicals

Recognition of its in-house R&D centre by CSIR, Government of India, for technical excellence