DCW / Q4-FY26 / claim-ledger

Audit the questions that mattered.

DCW · Analyst questions, management answers, and the quality of the response where the ledger is available.

Research layer active

ConCallIQ research layer

Signal, with the source still visible.

Use the controls below to narrow the view, then follow the evidence into the next layer of context.

WatchQ4-FY26 · 2026-05-15Back to quarter ↗

Questions audited

Answered directly

58%

Numeric claims

Consistency

—

Question ledger

What was answered, and how?

Fujan Sha · Molecule Ventures

direct

Reason for caustic soda price increase: cost push or demand?

One of the primary reason in our view is that there has been lot of production interruptions in the entire Southeast Asia because of the geopolitical situation... supply imbalance which helped the prices to improve.

Fujan Sha · Molecule Ventures

declined

Will soda ash prices remain elevated like caustic?

We can't comment because the situation is changing on a daily basis. So we don't know. I just can't answer on that aspect as of now.

Fujan Sha · Molecule Ventures

evasive

PVC price outlook: rangebound or headroom above 85-90?

We don't know because uh as of now yes prices have started improving but whether it will go to 85 90 95 that I think that is anybody's guess.

Fujan Sha · Molecule Ventures

partial

Power cost savings from solar: 12-15 cr this quarter?

the number was never 50 crs... what we guided uh you know last time was around 25 to 30 cr number... our power cost in absolute terms are still lower uh on the year level by 7 crores So according to our estimates the savings would have been around 23 24.

Fujan Sha · Molecule Ventures

direct

Are CPVC spreads back to pre-war levels?

The spreads have improved. It is it has gone back to the pre-war. What has happened is that that there was a spike in the PBC prices in the month of March. So that was a passover was not happening in the CPPC.

Keshar · Counter Cyclical PMS

partial

Finance cost outlook for FY27 given net debt ~80 cr?

the interest cost should go down by around 123 clause... roughly it should go down to 50 crores if we are not having very much challenged by the working capital borrowing lines.

Keshar · Counter Cyclical PMS

partial

On track for FY27 targets: 2500 cr revenue, 400 cr EBITDA, debt-free?

the 400 cr number which we have planned... actually gets bit derailed because of the pricing pressures... we will be net c cash positive company so 300 K AITA proper 27 looks reasonable.

Keshar · Counter Cyclical PMS

direct

Volume growth potential beyond FY26 given near-full capacity?

there is no much scope of capacity expansion in any products and thereby giving uh you know revenues or or ITA except for CPBC... we are in a place where we have to announce our kixes which is uh in line.

Abhinav · Equitas Investments

direct

Caustic soda realizations in Q4 and current?

ization in Q4 Q4 Q4 Q4 I think it was around $350 and as we talk in Q in Q1 the decision is in the north of 400 $400.

Abhinav · Equitas Investments

direct

Why did caustic capacity utilization drop from 96% to 90% in Q4?

that is because of some maintenance outage to do no no problem in the demand right

Madurati · Counteryical Investments

evasive

What led to spread improvement in SIOP and synthetic rutile? Current realizations?

IOP I don't think there is a spread improvement we told on PBC... on SIOP what we told is that we are moving to higher value added products... Coming to your other product... synthetic rootile the prices uh depends on the mix to which we export.

Pranit Bhachetti · Individual Investor

partial

How is dumping affecting margins differently in specialty vs commodity?

We had filed couple of petitions uh for dumping support... on both the products despite uh there was a positive finding where those duties never got implemented... Speciality there are no dumpings. Now only in CPVC we had a dumping duty case.