Valuation · at the close on 16 Oct 2026

Descon Oxychem Limited (DOL) valuation

At Rs 29.98 (close on 16 Oct 2026) DOL trades at 13.3× earnings (FY2026), above its five-year average of 7.4× and above the Chemical median of 9.4×. The shares are priced at 1.71× book value (sector median 1.41×). Enterprise value of Rs 5.2 bn is 6.7× EBITDA. The dividend yield is 13.3%, against a five-year average of 11.9%.

P/E · today

13.3×

FY2026

5-yr average7.4× Sector median9.4×

P/B · today

1.71×

FY2026

5-yr average1.46× Sector median1.41×

EV/EBITDA · today

6.7×

5-yr average2.7× Sector median5.7×

Dividend yield · today

13.3%

FY2026

5-yr average11.9% Payers' median4.5%

Market value Rs 5.2 bn at Rs 29.98. Sector medians use the latest close of 25 Chemical companies; P/E and P/B only where earnings / book value are positive; the yield median covers dividend payers only. Not investment advice.

Valuation history

At each fiscal year-end price.

5 10 All

DOL valuation history (annual) (Rs mn)

Rs mn	FY2026 Jul 2025 – Jun 2026	FY2025 Jul 2024 – Jun 2025	FY2024 Jul 2023 – Jun 2024	FY2023 Jul 2022 – Jun 2023	FY2022 Jul 2021 – Jun 2022	FY2021 Jul 2020 – Jun 2021	FY2020 Jul 2019 – Jun 2020	FY2019 Jul 2018 – Jun 2019	FY2018 Jul 2017 – Jun 2018	FY2017 Jul 2016 – Jun 2017	FY2016 Jul 2015 – Jun 2016	FY2015 Jul 2014 – Jun 2015	FY2014 Jul 2013 – Jun 2014	FY2013 Jul 2012 – Jun 2013	FY2012 Jul 2011 – Jun 2012	FY2011 Jul 2010 – Jun 2011	FY2010 Jul 2009 – Jun 2010	FY2009 Jul 2008 – Jun 2009	FY2008 Jul 2007 – Jun 2008	FY2007 Jul 2006 – Jun 2007
Market capitalisation	5,511.7	5,562.5	3,920.7	4,239.3	2,748.0	4,697.8	4,504.0	1,637.1	1,968.6	1,871.7	615.1	481.4	610.0	560.0	395.8	621.2	465.1	769.1	—	—
Enterprise value	5,440.3	4,726.2	3,434.2	3,355.5	2,858.1	5,269.1	4,791.8	2,608.1	2,955.5	2,992.2	1,900.1	2,076.8	2,327.2	2,531.8	2,508.2	2,801.5	2,700.6	2,493.7	—	—
Share price (period end) Rs	31.49	31.78	22.40	24.22	15.70	26.84	25.73	13.84	16.64	15.82	5.20	4.07	5.16	4.73	3.34	5.25	3.93	6.50	—	—
P/E (diluted)	14.00×	6.47×	7.73×	3.03×	5.84×	16.86×	8.73×	4.15×	12.70×	18.98×	28.42×	—	—	—	—	3.45×	—	—	—	—
Price to book	1.80×	1.65×	1.22×	1.39×	1.16×	2.28×	2.33×	2.09×	2.91×	3.03×	1.49×	1.28×	1.23×	1.00×	0.65×	0.85×	0.84×	0.91×	—	—
Price to sales	1.08×	0.93×	0.68×	0.63×	0.65×	1.67×	1.38×	0.61×	1.96×	1.98×	0.81×	0.34×	0.41×	0.41×	0.33×	0.43×	0.66×	3.81×	—	—
EV / EBITDA	7.02×	2.95×	2.97×	1.28×	2.35×	7.03×	5.55×	3.12×	4.67×	5.72×	4.98×	6.96×	6.59×	6.77×	7.60×	4.62×	21.34×	—	—	—
EV / Sales	1.06×	0.79×	0.60×	0.50×	0.67×	1.88×	1.81×	0.96×	1.42×	1.53×	1.20×	1.47×	1.55×	1.85×	2.10×	1.96×	3.81×	13.03×	—	—
Dividend yield (gross)	12.7%	12.6%	8.9%	16.5%	6.4%	3.2%	0.0%	13.7%	12.4%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	—	—
Free cash flow yield	(1.2%)	18.8%	(0.8%)	40.4%	24.2%	(3.4%)	(0.1%)	18.3%	9.5%	4.2%	25.1%	25.1%	30.9%	9.5%	10.1%	24.2%	(66.7%)	(171.5%)	—	—
PEG ratio	(0.26×)	0.09×	(0.12×)	0.02×	0.08×	(0.37×)	(0.75×)	0.03×	0.22×	0.05×	0.24×	—	—	—	—	0.02×	—	—	—	—
P/E (diluted, normalised)	14.03×	6.47×	7.74×	3.04×	5.83×	16.91×	8.72×	4.00×	12.70×	18.98×	28.42×	—	—	—	—	3.45×	—	—	—	—
Price to book — 5-year average	1.46×	1.50×	1.59×	1.76×	2.03×	2.45×	2.41×	2.29×	2.15×	1.68×	1.09×	0.96×	0.90×	0.85×	—	—	—	—	—	—
EV / EBITDA — 5-year average	2.69×	2.68×	2.99×	3.01×	4.30×	5.16×	4.71×	4.69×	5.59×	6.12×	6.53×	6.24×	7.19×	9.22×	—	—	—	—	—	—
Dividend yield — 5-year average	11.9%	9.8%	6.8%	7.3%	5.9%	4.9%	5.1%	7.1%	4.4%	0.0%	0.0%	0.0%	0.0%	0.0%	—	—	—	—	—	—

DOL valuation: frequently asked questions

What is DOL's P/E ratio? +

At the closing price of Rs 29.98 on 16 Oct 2026, DOL trades at a P/E of 13.3× based on EPS of Rs 2.25 (FY2026).

What is DOL's book value per share? +

Descon Oxychem Limited's book value per share was Rs 17.52 at the end of FY2026. The shares trade at 1.71× book value.

Information only, not investment advice.