Diversified
Valuation | |
|---|---|
| Market Cap | 18.02 kCr |
| Price/Earnings (Trailing) | 27.21 |
| Price/Sales (Trailing) | 1.28 |
| EV/EBITDA | 11.56 |
| Price/Free Cashflow | 67.39 |
| MarketCap/EBT | 17.87 |
| Enterprise Value | 19.25 kCr |
Fundamentals | |
|---|---|
Growth & Returns | |
|---|---|
| Price Change 1W | -2.6% |
| Price Change 1M | -6% |
| Price Change 6M | -14.6% |
| Price Change 1Y | 9.9% |
| 3Y Cumulative Return | 10.8% |
| 5Y Cumulative Return | 20.8% |
| 7Y Cumulative Return | 18.6% |
| 10Y Cumulative Return | 25.1% |
| Revenue (TTM) |
| 14.08 kCr |
| Rev. Growth (Yr) | 13.3% |
| Earnings (TTM) | 664.09 Cr |
| Earnings Growth (Yr) | -18.9% |
Profitability | |
|---|---|
| Operating Margin | 8% |
| EBT Margin | 7% |
| Return on Equity | 9.17% |
| Return on Assets | 5.02% |
| Free Cashflow Yield | 1.48% |
Cash Flow & Liquidity |
|---|
| Cash Flow from Investing (TTM) | -849.8 Cr |
| Cash Flow from Operations (TTM) | 1.13 kCr |
| Cash Flow from Financing (TTM) | -1.39 Cr |
| Cash & Equivalents | 831.69 Cr |
| Free Cash Flow (TTM) | 282.55 Cr |
| Free Cash Flow/Share (TTM) | 18.12 |
Balance Sheet | |
|---|---|
| Total Assets | 13.22 kCr |
| Total Liabilities | 5.98 kCr |
| Shareholder Equity | 7.24 kCr |
| Current Assets | 5.1 kCr |
| Current Liabilities | 3.52 kCr |
| Net PPE | 6.76 kCr |
| Inventory | 2.14 kCr |
| Goodwill | 105.67 Cr |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.16 |
| Debt/Equity | 0.28 |
| Interest Coverage | 4.65 |
| Interest/Cashflow Ops | 7.72 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 10.6 |
| Dividend Yield | 0.92% |
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 0.00% |
Technicals: Bullish SharesGuru indicator.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Size: Market Cap wise it is among the top 20% companies of india.
Balance Sheet: Strong Balance Sheet.
Smart Money: Smart money has been increasing their position in the stock.
Momentum: Stock is suffering a negative price momentum. Stock is down -6% in last 30 days.
Technicals: Bullish SharesGuru indicator.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Size: Market Cap wise it is among the top 20% companies of india.
Balance Sheet: Strong Balance Sheet.
Smart Money: Smart money has been increasing their position in the stock.
Momentum: Stock is suffering a negative price momentum. Stock is down -6% in last 30 days.
Investor Care | |
|---|---|
| Dividend Yield | 0.92% |
| Dividend/Share (TTM) | 10.6 |
| Shares Dilution (1Y) | 0.00% |
| Earnings/Share (TTM) | 42.47 |
Financial Health | |
|---|---|
| Current Ratio | 1.45 |
| Debt/Equity | 0.28 |
Technical Indicators | |
|---|---|
| RSI (14d) | 47.4 |
| RSI (5d) | 59.1 |
| RSI (21d) | 34.45 |
| MACD Signal | Buy |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Buy |
| RSI Signal | Hold |
| RSI5 Signal | Hold |
| RSI21 Signal | Hold |
| SMA 5 Signal | Sell |
| SMA 10 Signal |
Summary of DCM Shriram's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
DCM Shriram Limited's management has provided an optimistic outlook for the company's operations against a backdrop of global transition and domestic resilience. The primary focus includes strengthening operational efficiencies, adapting to new trade dynamics, and maintaining financial stability amidst external pressures.
Key forward-looking points from management include:
Chemicals Business: The caustic soda market faces volatility, with demand projected to remain stable, supported by strong domestic consumption. The company anticipates a positive outlook over the next quarters, despite price pressures from chlorine derivatives.
Hydrogen Peroxide: Currently experiencing pricing pressure due to oversupply; however, the company aims to implement strategies to enhance margins.
Ethanol and Sugar: The Indian sugar market is expected to have a surplus of 3.2 million metric tonnes with an estimated production of 30.6 million metric tonnes. The company is pursuing government support for higher blending targets for ethanol and advocating for increased minimum support prices (MSP) for sugar, crucial for maintaining profitability.
Fenesta Building Systems: Targets a return to normalized margins around 14% as investments in growth and efficiency take hold. The company plans to leverage increased volumes to recover margins lost due to product mix shifts.
Financial Performance: For Q3 FY26, net revenues increased to Rs 3,811 crores, up 13% YoY. Profit after tax was Rs 213 crores, influenced by exceptional items related to labor code implementations. For the nine months ended December 31, 2025, net revenues were Rs 10,345 crores, a 12% increase YoY, with PBDIT growing by 24%.
Investments: Management indicates that substantial investments (~Rs 4,000-5,000 crores) over the last few years will start to positively influence cash profits from FY27 onwards.
Debt Levels: Net debt stands at Rs 1,084 crores, attributed to capital expenditures and acquisitions, but is expected to stabilize as projects near completion.
Dividend Announcement: An interim dividend of 180%, totaling Rs 56.14 crores, reflects confidence in future cash flows.
Through these strategic imperatives and financial metrics, DCM Shriram expresses a commitment to generating multi-generational value for stakeholders while effectively managing evolving industrial challenges.
Understand DCM Shriram ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| SUMANT INVESTMENTS PRIVATE LIMITED | 63.03% |
| STEPAN HOLDINGS LIMITED | 4.54% |
| RISTANA SERVICES LIMITED | 3.08% |
| SALPERTON LIMITED | 1.06% |
| TURNSTONE INVESTMENTS LIMITED | 1% |
| AJIT SHRIDHAR SHRIRAM | 0.38% |
| AJAY SHRIDHAR SHRIRAM (HUF) | 0.36% |
Detailed comparison of DCM Shriram against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| COROMANDEL | Coromandel International | 66.35 kCr | 30.87 kCr | -2.80% | +19.40% | 27.65 | 2.15 | - | - |
| UPL | UPL | 63.13 kCr | 49.67 kCr |
Comprehensive comparison against sector averages
DCMSHRIRAM metrics compared to Diversified
| Category | DCMSHRIRAM | Diversified |
|---|---|---|
| PE | 27.51 | 27.95 |
| PS | 1.29 | 2.05 |
| Growth | 13.6 % | 8.1 % |
DCM Shriram Limited, together with its subsidiaries, engages in chloro-vinyl, sugar, agri-input, and other businesses in India and internationally. The company operates through Chloro-Vinyl, Sugar, Shriram Farm Solutions, Bioseed, Fertilisers, Fenesta Building, and Others segments. It manufactures and sells urea; caustic soda lye and flakes, and chlorine; sugar, ethanol, and Bagasse based cogen power plants; plant nutrition solutions, crop care chemicals, and hybrid seeds; caustic soda, chlorine, hydrogen, stable bleaching powder, calcium carbide, PVC resins, and aluminum chloride; and UPVC and aluminum windows and doors. In addition, the company sells fuel comprising petrol and diesel; and cement related products. Further, it provides advanced material products, including liquid epoxy resins, hardeners, solvent cuts, reactive diluents, and formulated resins for various sectors, such as wind-blades, EVs, aeronautics, electronics, fire-proofing, and light-weighting industries. The company was incorporated in 1989 and is based in New Delhi, India. DCM Shriram Limited operates as a subsidiary of Sumant Investments Pvt Ltd.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
| Buy |
| SMA 20 Signal | Buy |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
DCMSHRIRAM vs Diversified (2021 - 2026)
Question 1: Pujan Shah: Is there any possibility of MIP being implemented for the PVC industry now that the government has decided not to announce the ADD?
Answer: I explained that after the ADD was not implemented, we proactively reached out to the government to discuss the possibility of MIP. With import prices falling significantly, we're advocating for its introduction. Additionally, we're engaging with the Chemical and Commerce ministries about quality control measures to safeguard our potable PVC market. We hope to achieve a positive outcome soon.
Question 2: Raj Vyas: Can you give a brief update on the demand scenario across your product lines?
Answer: Demand varies per product, and we recognize the disparities across sectors. While some products, like caustic soda, face modest duties impacting them positively, others, like epoxy resins, have seen recent anti-dumping measures. We are encouraging government actions further to enhance market conditions across various segments.
Question 3: Raj Vyas: What's the outlook for margins in the Fenesta segment, given its performance challenges?
Answer: Currently, we anticipate margins stabilizing at around 14% as our investments in capacity expansion and product diversification yield returns. While phases of growth might exert pressure on margins now, scale efficiencies should significantly improve performance in the upcoming quarters.
Question 4: Ahmed Madha: What can you share regarding the timelines for the restructuring/demerger of the consumer-facing products?
Answer: We aim to finalize the restructuring as soon as possible, ideally within the next 3-4 months. We have resolved most complexities concerning interlinkages and are now addressing the remaining requirements.
Question 5: Ahmed Madha: What are the developments regarding the Epichlorohydrin business and its expected performance?
Answer: The Epichlorohydrin plant, commissioned in Q3 FY26, is nearing completion of its capacity. We plan to run it efficiently by end of this quarter, with sales already ramping up. Customer approvals have been secured, ensuring a robust demand trajectory.
Question 6: Rajakumar Vaidyanathan: What is the outlook for the caustic soda segment, especially with regard to tariff impacts?
Answer: We maintain a stable to positive outlook for caustic soda; most demand remains domestic. While new capacities appear in the next 1-2 years, our strong position in both local and export markets helps foster sustained growth amidst these transitions.
Question 7: Rajakumar Vaidyanathan: What are the current recovery levels in the sugar segment and expectations for the upcoming quarters?
Answer: Recovery levels show improvement compared to last year, better by about 0.4-0.5%. We expect this positive trend to continue in the next quarter, subject to favorable climatic conditions.
Question 8: Rajakumar Vaidyanathan: What future benefits are expected from the joint venture with Bayer?
Answer: Our MOU with Bayer focuses on cooperation in crop protection, with immediate plans for product launches. We see this as a partnership with potential long-term benefits, optimizing both technical capabilities and distribution strengths.
This summary captures the major inquiries and responses during the earnings call while highlighting relevant forward-looking statements.
| VIKRAM SHRIDHAR SHRIRAM(HUF) | 0.35% |
| AJAY SHRIDHAR SHRIRAM | 0.32% |
| AJIT SHRIDHAR SHRIRAM(HUF) | 0.32% |
| VIKRAM SHRIDHAR SHRIRAM | 0.32% |
| VARUN A SHRIRAM | 0.19% |
| PRANAV V. SHRIRAM | 0.19% |
| ADITYA A.SHRIRAM | 0.19% |
| NAINIKA V SHRIRAM | 0.19% |
| ANAND A SHRIRAM | 0.19% |
| TARA A SHRIRAM | 0.19% |
| PRABHA SHRIDHAR | 0.14% |
| VANDANA A. SHRIRAM | 0.05% |
| KAVITA V. SHRIRAM | 0.05% |
Distribution across major stakeholders
Distribution across major institutional holders
| -6.50% |
| +15.80% |
| 35.81 |
| 1.27 |
| - |
| - |
| TATACHEM | Tata Chemicals | 18.08 kCr | 14.97 kCr | -6.00% | -24.00% | 49.39 | 1.21 | - | - |
| CHAMBLFERT | Chambal Fertilisers & Chemicals | 17.13 kCr | 19.68 kCr | -9.80% | -17.40% | 9.2 | 0.87 | - | - |
| BALRAMCHIN | Balrampur Chini Mills | 9.02 kCr | 5.94 kCr | +2.50% | -4.80% | 22.27 | 1.52 | - | - |
| 11.2% |
| 3,654 |
| 3,285 |
| 3,307 |
| 3,174 |
| 3,088 |
| 2,941 |
| Profit Before exceptional items and Tax | 53.5% | 377 | 246 | 170 | 386 | 96 | 158 |
| Exceptional items before tax | - | -55 | 0 | 0 | 0 | 0 | 0 |
| Total profit before tax | 31% | 322 | 246 | 170 | 386 | 96 | 158 |
| Current tax | 18.8% | 58 | 49 | 31 | 69 | 17 | 28 |
| Deferred tax | 37.8% | 52 | 38 | 25 | 54 | 16 | 30 |
| Total tax | 26.7% | 110 | 87 | 56 | 123 | 33 | 58 |
| Total profit (loss) for period | 34.2% | 213 | 159 | 114 | 262 | 63 | 100 |
| Other comp. income net of taxes | - | -0.36 | 1 | 1.28 | -1.81 | 2.76 | -5.5 |
| Total Comprehensive Income | 32.7% | 212 | 160 | 115 | 260 | 66 | 95 |
| Earnings Per Share, Basic | 37.7% | 13.59 | 10.14 | 7.27 | 16.81 | 4.04 | 6.43 |
| Earnings Per Share, Diluted | 37.7% | 13.59 | 10.14 | 7.27 | 16.81 | 4.04 | 6.43 |
| Debt equity ratio | 0% | 015 | 011 | 021 | 0 | 0 | 022 |
| Debt service coverage ratio | 3.6% | 0.0782 | 0.0439 | 0.0492 | 0.09 | 0.05 | 0.0362 |
| Interest service coverage ratio | 3.6% | 0.187 | 0.1567 | 0.1142 | 0.09 | 0.09 | 0.0787 |
| 8.3% |
| 1,044 |
| 964 |
| 874 |
| 772 |
| 716 |
| 700 |
| Finance costs | 75.6% | 152 | 87 | 53 | 85 | 122 | 160 |
| Depreciation and Amortization | 34.8% | 400 | 297 | 256 | 235 | 230 | 215 |
| Other expenses | 10.9% | 3,983 | 3,593 | 3,850 | 2,797 | 1,859 | 1,966 |
| Total Expenses | 10.6% | 11,726 | 10,599 | 10,532 | 8,231 | 7,426 | 6,850 |
| Profit Before exceptional items and Tax | 27.9% | 858 | 671 | 1,454 | 1,540 | 876 | 923 |
| Total profit before tax | 27.9% | 858 | 671 | 1,454 | 1,540 | 876 | 923 |
| Current tax | -21.1% | 151 | 191 | 247 | 477 | 165 | 105 |
| Deferred tax | 164.2% | 141 | 54 | 246 | 14 | 48 | 75 |
| Total tax | 19.3% | 292 | 245 | 493 | 491 | 213 | 180 |
| Total profit (loss) for period | 33.2% | 567 | 426 | 961 | 1,049 | 662 | 744 |
| Other comp. income net of taxes | 19.7% | -5.55 | -7.16 | 13 | -17.47 | 6.84 | -10.42 |
| Total Comprehensive Income | 34% | 561 | 419 | 974 | 1,031 | 669 | 733 |
| Earnings Per Share, Basic | 34.2% | 36.33 | 27.33 | 61.66 | 67.25 | 42.48 | 47.69 |
| Earnings Per Share, Diluted | 34.2% | 36.33 | 27.33 | 61.66 | 67.25 | 42.48 | 47.69 |
| Debt equity ratio | 0% | 021 | 023 | - | - | - | - |
| Debt service coverage ratio | 1.1% | 0.0528 | 0.0424 | - | - | - | - |
| Interest service coverage ratio | 8% | 0.1624 | 0.09 | - | - | - | - |
| 1.9% |
| 818 |
| 803 |
| 1,186 |
| 2,593 |
| 2,299 |
| 1,602 |
| Investment property | 0% | 0.39 | 0.39 | 0.39 | 0.4 | 0.4 | 0.4 |
| Goodwill | 15.5% | 11 | 9.66 | 9.13 | 10 | 0 | 12 |
| Non-current investments | 98% | 886 | 448 | 437 | 423 | 423 | 347 |
| Loans, non-current | 6.8% | 48 | 45 | 42 | 42 | 24 | 22 |
| Total non-current financial assets | 88.2% | 1,102 | 586 | 745 | 516 | 491 | 412 |
| Total non-current assets | 6.6% | 8,309 | 7,792 | 7,697 | 7,244 | 6,841 | 6,198 |
| Total assets | 3.1% | 13,069 | 12,677 | 12,055 | 11,528 | 10,963 | 10,708 |
| Borrowings, non-current | -8.6% | 1,271 | 1,390 | 1,431 | 1,385 | 1,265 | 1,154 |
| Total non-current financial liabilities | -8.5% | 1,363 | 1,490 | 1,434 | 1,436 | 1,314 | 1,213 |
| Provisions, non-current | 8% | 340 | 315 | 297 | 287 | 273 | 261 |
| Total non-current liabilities | -1.5% | 2,427 | 2,465 | 2,346 | 2,245 | 2,077 | 1,948 |
| Borrowings, current | -23.1% | 778 | 1,011 | 701 | 693 | 209 | 481 |
| Total current financial liabilities | -7.7% | 2,306 | 2,499 | 2,115 | 2,043 | 1,442 | 1,856 |
| Provisions, current | 0% | 72 | 72 | 68 | 69 | 61 | 60 |
| Total current liabilities | 6.8% | 3,401 | 3,185 | 3,023 | 2,697 | 2,587 | 2,475 |
| Total liabilities | 3.2% | 5,836 | 5,656 | 5,377 | 4,951 | 4,675 | 4,439 |
| Equity share capital | 0% | 31 | 31 | 31 | 31 | 31 | 31 |
| Total equity | 3% | 7,233 | 7,021 | 6,677 | 6,577 | 6,288 | 6,269 |
| Total equity and liabilities | 3.1% | 13,069 | 12,677 | 12,055 | 11,528 | 10,963 | 10,708 |
| 40.3% |
| 1,097 |
| 782 |
| 1,306 |
| 1,201 |
| - |
| - |
| Cashflows used in obtaining control of subsidiaries | -33.3% | 23 | 34 | 234 | 0 | - | - |
| Proceeds from sales of PPE | -8.3% | 12 | 13 | 44 | 12 | - | - |
| Purchase of property, plant and equipment | -33% | 835 | 1,246 | 1,766 | 766 | - | - |
| Purchase of intangible assets | 69.7% | 14 | 8.66 | 6.33 | 6.71 | - | - |
| Proceeds from sales of long-term assets | - | 0 | 0 | 0 | 38 | - | - |
| Interest received | 37.1% | 49 | 36 | 126 | 29 | - | - |
| Other inflows (outflows) of cash | -106.8% | -14.15 | 225 | 286 | -184.61 | - | - |
| Net Cashflows From Investing Activities | 21.6% | -827.15 | -1,054.93 | -1,558.94 | -902.34 | - | - |
| Proceeds from borrowings | -25.1% | 485 | 647 | 432 | 164 | - | - |
| Repayments of borrowings | -20.1% | 168 | 210 | 320 | 119 | - | - |
| Payments of lease liabilities | 0% | 24 | 24 | 20 | 17 | - | - |
| Dividends paid | 7.6% | 128 | 119 | 239 | 212 | - | - |
| Interest paid | 25.2% | 165 | 132 | 82 | 80 | - | - |
| Net Cashflows from Financing Activities | -100% | 1.04 | 164 | -228.8 | -263.97 | - | - |
| Net change in cash and cash eq. | 342.7% | 270 | -109.84 | -481.36 | 34 | - | - |
Analysis of DCM Shriram's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Dec 31, 2025
| Description | Share | Value |
|---|---|---|
| Sugar and Ethanol | 30.2% | 1.2 kCr |
| Chemicals and Vinyl | 27.9% | 1.1 kCr |
| Shriram Farm Solutions | 18.8% | 755.8 Cr |
| Fertiliser | 9.3% | 374.3 Cr |
| Fenesta Building Systems | 7.1% | 286.9 Cr |
| Bioseed | 4.8% | 194.1 Cr |
| Others | 1.8% | 71.3 Cr |
| Total | 4 kCr |