DCW

What DCW promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 18 tracked 5 delivered 1 missed 12 open
  • CPVC Capacity Benefits delivered said Q4 FY26 Promised: Benefits of additional 10,000 tons CPVC capacity to start accruing from Q1 FY27 Q1 FY27: Achieved. Specialty Chemicals EBITDA grew 20% YoY and CPVC volumes grew 59% in Q1 FY27.
  • CPVC Capacity delivered said Q3 FY25 Promised: Commission the first phase (20,000 to 40,000 tons) by September 2025 Q1 FY27: Not mentioned, previously achieved.
  • EBITDA revised down said Q4 FY25 Promised: INR 400 crores of EBITDA looks quite likely for FY27 Q1 FY27: Revised steady-state EBITDA guidance down to ~INR 300 crores, from the original INR 400 crores, citing contraction in PVC/CPVC spreads.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 18 tracked commitments for DCW — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens