| Revenue growth | 22% YoY growth to ₹3,977 Cr, primarily organic volume-led. |
|---|---|
| Margins | Contraction in chemicals/agri; PVC margins improved on better realizations. |
| Order book | Fenesta order book remains healthy; sequential improvement noted. |
| Demand visibility | Positive for chemicals; agri remains weak due to El Niño conditions. |
| Management confidence | Balanced; focused on cost discipline and operational efficiency amidst headwinds. |
Growth
Topline driven by Chemicals and Vinyls; growth quality hit by high input costs and one-time base effects.
Outlook
Capex of ₹4,500 Cr invested recently; ramping up new Aluminum and Calcium Chloride capacities for integration.
Risks
Volatile energy/gas prices, El Niño impact on agri demand, and domestic supply-demand imbalances in caustic.
Last quarter's promises, checked
Delivered
- Al/Ca chloride commercial production guided Q2 → commissioned (= BEAT)
- 68MW Kota hybrid under commissioning (25MW avg Jul) → 68MW commissioned (= BEAT)
Partly delivered
- Net debt ₹1,649Cr (Jun-26), ~₹200Cr reduction by FYE, Debt/EBITDA <1.5 → net debt ₹917Cr, EBITDA −22%, ratio not disclosed, basis unreconciled (= PARTIAL)
Earnings Call Transcript filed with NSE, NSE: DCMSHRIRAM. Summary written with AI assistance from the document.
DCM Shriram Ltd: key numbers
- Share price
- ₹908.10
- Market cap
- ₹14,161 Cr
- Revenue (annual)
- ₹13,538 Cr
- Net profit (annual)
- ₹853.4 Cr
- P/E (TTM)
- 10.3×Sector 21.7×
- 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 Investor Presentation: Key Takeaways
Q2 FY27 consolidated net revenue ₹3,977cr (+22%), PBDIT ₹319cr (-22%), PAT ₹106cr (-33%). Chemicals volume-led growth offset by margin squeeze.
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