DCMSHRIRAM
DCM Shriram Limited
Diversified industrial conglomerate with chemicals, fertiliser, sugar and agri-inputs
Diversified›Diversified›Diversified›Diversified
dcmshriram.com(opens the company website in a new tab)Key metrics
Price as of 2026-10-16
Stock price
₹1014.20
Market cap
15,898 Cr
Stock P/E
11.1
P/B
2.06
Dividend yield
1.0%
ROE (FY26)
11.0%
ROCE (FY26)
11.1%
Operating margin (FY26)
7.0%
Debt / equity (FY26)
0.36
OCF / EBITDA (FY26)
82.4%
OCF / EBITDA (3Y)
82.6%
Full years shown; sign in free for the trailing twelve months. Learn about these metrics →
Price & valuation
Share price and valuation multiples (P/E, P/B and more) over time.
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Compare with peers
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What you need to know
DCM Shriram is a diversified Indian company that makes chemicals (caustic soda, hydrogen peroxide and an epoxy chain), PVC and calcium carbide, sugar and ethanol, and urea, and also sells windows and doors (Fenesta Building Systems), crop-protection and farm inputs (Shriram Farm Solutions) and seeds (Bioseed).
Company snapshot
3rdBy market cap
Ranked among 6 companies in Diversified.
Segment mix
Reportable segments as of 2024-12-31 (Consolidated). Revenue share = segment revenue ÷ total revenue.
Largest segment: 34.6% of revenue
| Segment | Revenue share | Revenue | PBT | Assets |
|---|---|---|---|---|
| Bioseed | 5.6% | 545 Cr | 58 Cr | — |
| Chloro-Vinyl | 26.2% | 2,551 Cr | 281 Cr | — |
| Fenesta Building Systems | 6.7% | 650 Cr | 97 Cr | — |
| Fertiliser | 11.3% | 1,098 Cr | 67 Cr | — |
| Others | 2.3% | 220 Cr | -9 Cr | — |
| Shriram Farm Solutions | 13.9% | 1,351 Cr | 300 Cr | — |
| Sugar | 34.6% | 3,361 Cr | 81 Cr | — |
Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,825 Cr | 3,138 Cr | 2,531 Cr | 3,073 Cr | 3,130 Cr | 3,519 Cr | 3,019 Cr | 3,455 Cr | 3,432 Cr | 4,003 Cr | 3,373 Cr | 3,785 Cr |
| Operating expenses (approx.) | 2,711 Cr | 2,692 Cr | 2,266 Cr | 2,825 Cr | 2,949 Cr | 3,023 Cr | 2,614 Cr | 3,152 Cr | 3,123 Cr | 3,472 Cr | 3,020 Cr | 3,448 Cr |
| EBITDA | 114 Cr | 445 Cr | 265 Cr | 248 Cr | 181 Cr | 496 Cr | 405 Cr | 304 Cr | 309 Cr | 532 Cr | 353 Cr | 337 Cr |
| OPM % | 4.0% | 14.2% | 10.5% | 8.1% | 5.8% | 14.1% | 13.4% | 8.8% | 9.0% | 13.3% | 10.5% | 8.9% |
| Other income | 22 Cr | 35 Cr | 24 Cr | 26 Cr | 54 Cr | 41 Cr | 21 Cr | 22 Cr | 99 Cr | 29 Cr | 47 Cr | 28 Cr |
| Interest | 15 Cr | 15 Cr | 32 Cr | 29 Cr | 38 Cr | 43 Cr | 43 Cr | 44 Cr | 43 Cr | 49 Cr | 40 Cr | 41 Cr |
| Depreciation | 74 Cr | 77 Cr | 80 Cr | 86 Cr | 101 Cr | 109 Cr | 114 Cr | 112 Cr | 119 Cr | 134 Cr | 138 Cr | 128 Cr |
| Profit before tax | 47 Cr | 389 Cr | 177 Cr | 158 Cr | 96 Cr | 386 Cr | 270 Cr | 170 Cr | 246 Cr | 322 Cr | 254 Cr | 275 Cr |
| Tax % | 32.1% | 38.1% | 33.3% | 36.7% | 34.3% | 32.0% | 33.7% | 33.1% | 35.4% | 34.1% | -46.1% | -151.8% |
| Net profit | 32 Cr | 240 Cr | 118 Cr | 100 Cr | 63 Cr | 262 Cr | 179 Cr | 114 Cr | 159 Cr | 213 Cr | 371 Cr | 693 Cr |
| EPS (₹) | ₹2.07 | ₹15.42 | ₹7.55 | ₹6.43 | ₹4.04 | ₹16.81 | ₹11.47 | ₹7.27 | ₹10.14 | ₹13.59 | ₹23.71 | ₹44.72 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 6,117 Cr | 7,007 Cr | 7,771 Cr | 7,767 Cr | 8,308 Cr | 9,849 Cr | 12,080 Cr | 11,431 Cr | 12,741 Cr | 14,264 Cr | Sign in free for the trailing twelve months |
| Operating expenses (approx.) | 5,346 Cr | 5,972 Cr | 6,402 Cr | 6,575 Cr | 7,156 Cr | 8,053 Cr | 10,473 Cr | 10,441 Cr | 11,411 Cr | 12,767 Cr | Sign in free for the trailing twelve months |
| EBITDA | 771 Cr | 1,035 Cr | 1,369 Cr | 1,192 Cr | 1,152 Cr | 1,796 Cr | 1,606 Cr | 991 Cr | 1,330 Cr | 1,497 Cr | Sign in free for the trailing twelve months |
| OPM % | 12.6% | 14.8% | 17.6% | 15.4% | 13.9% | 18.2% | 13.3% | 8.7% | 10.4% | 10.5% | Sign in free for the trailing twelve months |
| Other income | 47 Cr | 56 Cr | 88 Cr | 102 Cr | 92 Cr | 92 Cr | 120 Cr | 99 Cr | 142 Cr | 196 Cr | Sign in free for the trailing twelve months |
| Interest | 71 Cr | 83 Cr | 119 Cr | 164 Cr | 122 Cr | 85 Cr | 53 Cr | 88 Cr | 153 Cr | 176 Cr | Sign in free for the trailing twelve months |
| Depreciation | 114 Cr | 141 Cr | 157 Cr | 219 Cr | 233 Cr | 238 Cr | 260 Cr | 303 Cr | 410 Cr | 502 Cr | Sign in free for the trailing twelve months |
| Profit before tax | 633 Cr | 867 Cr | 1,182 Cr | 900 Cr | 891 Cr | 1,566 Cr | 1,413 Cr | 699 Cr | 909 Cr | 992 Cr | Sign in free for the trailing twelve months |
| Tax % | 12.7% | 22.9% | 23.5% | 19.8% | 24.3% | 31.9% | 35.5% | 36.0% | 33.6% | 13.7% | Sign in free for the trailing twelve months |
| Net profit | 552 Cr | 669 Cr | 904 Cr | 722 Cr | 674 Cr | 1,067 Cr | 911 Cr | 447 Cr | 604 Cr | 856 Cr | Sign in free for the trailing twelve months |
| EPS (₹) | ₹33.97 | ₹41.22 | ₹57.09 | ₹45.96 | ₹43.17 | ₹68.45 | ₹58.41 | ₹28.67 | ₹38.75 | ₹54.73 | Sign in free for the trailing twelve months |
| Dividend payout % | — | — | — | — | 12.7% | 19.9% | 26.2% | 26.5% | 21.2% | 19.3% | Sign in free for the trailing twelve months |
Sign in free for the trailing twelve months
The latest four quarters added up, next to each full year
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 33 Cr | 33 Cr | 31 Cr | 31 Cr | 31 Cr | 31 Cr | 31 Cr | 31 Cr | 31 Cr | 31 Cr |
| Reserves | 2,495 Cr | 3,007 Cr | 3,494 Cr | 4,018 Cr | 4,617 Cr | 5,470 Cr | 6,162 Cr | 6,491 Cr | 6,973 Cr | 7,681 Cr |
| Borrowings | 980 Cr | 661 Cr | 1,475 Cr | 2,046 Cr | 1,288 Cr | 1,509 Cr | 1,633 Cr | 2,083 Cr | 2,408 Cr | 2,812 Cr |
| Other liabilities | 2,064 Cr | 1,949 Cr | 2,135 Cr | 2,033 Cr | 1,855 Cr | 2,360 Cr | 2,895 Cr | 2,944 Cr | 3,320 Cr | 3,591 Cr |
| Total liabilities | 5,574 Cr | 5,652 Cr | 7,136 Cr | 8,135 Cr | 7,791 Cr | 9,371 Cr | 10,722 Cr | 11,549 Cr | 12,732 Cr | 14,137 Cr |
| Fixed assets (net) | 1,916 Cr | 2,104 Cr | 2,586 Cr | 3,392 Cr | 3,267 Cr | 3,315 Cr | 4,012 Cr | 4,130 Cr | 6,426 Cr | 7,359 Cr |
| CWIP | 60 Cr | 114 Cr | 330 Cr | 51 Cr | 103 Cr | 485 Cr | 1,618 Cr | 2,597 Cr | 805 Cr | 532 Cr |
| Investments | 31 Cr | 30 Cr | 38 Cr | 36 Cr | 31 Cr | 4 Cr | 13 Cr | 54 Cr | 57 Cr | 137 Cr |
| Loans & advances | — | — | 3 Cr | 13 Cr | 7 Cr | 4 Cr | 8 Cr | 5 Cr | 9 Cr | 13 Cr |
| Inventories | 1,616 Cr | 1,652 Cr | 1,925 Cr | 2,177 Cr | 1,804 Cr | 2,306 Cr | 2,376 Cr | 2,677 Cr | 2,799 Cr | 3,108 Cr |
| Trade receivables | 1,004 Cr | 904 Cr | 1,039 Cr | 1,079 Cr | 463 Cr | 907 Cr | 869 Cr | 646 Cr | 919 Cr | 1,081 Cr |
| Cash & bank | 204 Cr | 134 Cr | 382 Cr | 543 Cr | 870 Cr | 932 Cr | 450 Cr | 343 Cr | 620 Cr | 306 Cr |
| Other assets | 743 Cr | 715 Cr | 834 Cr | 845 Cr | 1,245 Cr | 1,418 Cr | 1,375 Cr | 1,097 Cr | 1,097 Cr | 1,600 Cr |
| Total assets | 5,574 Cr | 5,652 Cr | 7,136 Cr | 8,135 Cr | 7,791 Cr | 9,371 Cr | 10,722 Cr | 11,549 Cr | 12,732 Cr | 14,137 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 772 Cr | 827 Cr | 775 Cr | 496 Cr | 1,887 Cr | 1,224 Cr | 1,296 Cr | 794 Cr | 1,128 Cr | 1,234 Cr |
| Cash from investing | -411 Cr | -321 Cr | -803 Cr | -518 Cr | -642 Cr | -904 Cr | -1,543 Cr | -1,070 Cr | -850 Cr | -1,241 Cr |
| Cash from financing | -185 Cr | -571 Cr | 277 Cr | 183 Cr | -918 Cr | -259 Cr | -235 Cr | 169 Cr | -1 Cr | -307 Cr |
| Net cash flow | 176 Cr | -65 Cr | 248 Cr | 161 Cr | 654 Cr | 62 Cr | -482 Cr | -107 Cr | 277 Cr | -314 Cr |
| Free cash flow (OCF − Capex) | 316 Cr | 439 Cr | -78 Cr | -109 Cr | 1,633 Cr | 450 Cr | -507 Cr | -525 Cr | 269 Cr | 346 Cr |
Ratios
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 20.1% | 25.7% | 26.0% | 17.4% | 17.1% | 23.6% | 18.7% | 9.1% | 11.3% | 11.1% |
| ROE % | 21.8% | 22.0% | 25.6% | 17.8% | 14.5% | 19.4% | 14.7% | 6.9% | 8.6% | 11.0% |
| Debtor days | 60 | 47 | 49 | 51 | 20 | 34 | 26 | 21 | 26 | 28 |
| Inventory days | 275 | 221 | 217 | 240 | 196 | 212 | 181 | 185 | 190 | 193 |
| Days payable | 195 | 149 | 129 | 102 | 76 | 88 | 77 | 72 | 80 | 76 |
| Cash conversion cycle | 140 | 118 | 137 | 189 | 140 | 157 | 130 | 134 | 136 | 145 |
| OCF / EBITDA % | 100.2% | 79.9% | 56.6% | 41.6% | 163.8% | 68.2% | 80.7% | 80.1% | 84.8% | 82.4% |
| OCF / EBITDA % (3 years) | — | — | 74.8% | 58.3% | 85.0% | 87.1% | 96.8% | 75.4% | 81.9% | 82.6% |
| Debt / equity | 0.39 | 0.22 | 0.42 | 0.51 | 0.28 | 0.27 | 0.26 | 0.32 | 0.34 | 0.36 |
| Current ratio | 1.32 | 1.62 | 1.56 | 1.58 | 2.27 | 2.18 | 1.84 | 1.62 | 1.57 | 1.49 |
| Net debt / EBITDA | 1.01 | 0.51 | 0.80 | 1.26 | 0.36 | 0.32 | 0.74 | 1.76 | 1.34 | 1.67 |