| Revenue growth | +22% YoY to ₹3,977cr |
|---|---|
| Margins | PBDIT margin ~8.0% vs ~12.5% LY |
| Order book | Fenesta order book ₹357cr, down 27% YoY |
| Demand visibility | Domestic chemicals demand robust; Bioseed weak |
| Management confidence | Cautious; cites volatility and elevated rates |
Growth
Revenue +22% YoY (Chemicals +47%); PBDIT -22%, PAT -33%. H1 PAT ₹799cr includes ₹474cr one-time tax gain.
Outlook
No numeric guidance. Pipeline: 40MW Kota solar (₹145cr, Q1 FY28), 36 KTPA resins, ₹120cr caustic debottlenecking (Q4 FY28).
Risks
Input cost inflation compressing Chemicals margins; El Nino hit Bioseed (PBDIT -₹41cr); weak monsoon; ethanol feedstock restrictions.
Last quarter's promises, checked
Delivered
- Guided sugar prices firm (~INR4,450/qtl) → sugar price +14% YoY (= BEAT)
Partly delivered
- Guided net debt cut ~INR200cr by FY-end → Q2 net debt INR917cr vs Q1 INR1,649cr; base mismatch (= PARTIAL)
- Guided 68MW Kota solar commissioning → Q2 lists 40MW Kota solar for Q1 FY28 (= PARTIAL)
Missed
- Guided Fenesta growth to continue, order book up 4% → order book INR357cr, -27% YoY (= MISS)
Investor Presentation filed with NSE, NSE: DCMSHRIRAM. Summary written with AI assistance from the document.
DCM Shriram Ltd: key numbers
- Share price
- ₹912.50
- Market cap
- ₹14,230 Cr
- Revenue (annual)
- ₹13,538 Cr
- Net profit (annual)
- ₹853.4 Cr
- P/E (TTM)
- 10.3×Sector 21.4×
- Promoter holding
- 66.52%+0.00% QoQ
- FII holding
- 3.98%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from DCM Shriram Ltd
All →DCM Shriram Earnings Call Transcript: Key Takeaways
Revenue grew 22% YoY, but EBITDA fell 22% due to soaring energy costs and lower agri margins.
DCM Shriram Results Update
DCM Shriram's press release reports Q2 FY27 consolidated revenue up 22% to ₹3,977 crore, with PBDIT and PAT lower. It also announces a 200% interim dividend.
DCM Shriram Dividend
DCM Shriram Ltd declared an interim dividend of Rs 2 per equity share for FY 2026-27 at its 26 October 2026 board meeting. Record date is 30 October 2026, with payment proposed by 25 November 2026.
DCM Shriram Acquisition Worth ₹50 Cr
DCM Shriram will invest up to Rs.50 Crore in cash, in tranches, in Shriram Teknor Limited. The investment supports PVC capacity expansion and speciality-grade diversification.
- Value
- ₹50.00 Cr
- Execution
- Indicative completion by 01-12-2027, in one or more tranches
DCM Shriram Management Change
DCM Shriram appointed Salil Vishwanath as LIC's nominee director, replacing Rabinarayan Mishra, effective November 1, 2026. The appointment is subject to shareholder approval and DIN allotment.
DCM Shriram Q2 FY27 Results: Net Profit ₹105.7 Cr, Down 33.4% YoY
DCM Shriram Ltd reported revenue from operations of ₹4,151 Cr (+20.9% YoY) and net profit of ₹105.7 Cr (-33.4% YoY) for Q2 FY27.
- Key figure
- Net profit ₹105.7 Cr · -33.4% YoY