DCM Shriram Limited announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The Board of Directors approved these results and declared an interim dividend of ₹4 per equity share (200%) with a face value of ₹2. The company also approved several capital expenditure projects, including investments in Shriram Teknor Limited, a new solar power plant, and electrolyser upgrades for its caustic plants, totaling significant investments in its business expansion and operational efficiency.
DCM Shriram Announces Q2 FY27 Financials and Dividend
DCM Shriram Limited has officially released its unaudited financial results for the quarter and half-year period concluding on September 30, 2026. The company’s Board of Directors, at its meeting held on October 26, 2026, gave its approval to these results. Alongside the financial disclosures, the Board also sanctioned the payment of an interim dividend. Shareholders will receive ₹4 per equity share, representing a 200% payout on the ₹2 face value per share. This interim dividend is scheduled to be paid out within 30 days from its declaration, with a record date set for Friday, October 30, 2026.
Key Financial Highlights and Approvals
The standalone financial results for the quarter ended September 30, 2026, show total revenue from operations of ₹4,051.74 crore, with a profit before exceptional item and tax of ₹193.72 crore. For the half-year ended September 30, 2026, total revenue from operations stood at ₹7,696.94 crore, and profit before exceptional item and tax was ₹378.54 crore. The company also confirmed the appointment of Mr. Salil Vishwanath as a Nominee Director, effective from November 1, 2026, replacing Mr. Rabinarayan Mishra.
Strategic Capital Expenditure Approvals
In line with its growth strategy, the Board of Directors approved several significant capital expenditure initiatives:
- An equity contribution of up to ₹50 crore in Shriram Teknor Limited (STL), a joint venture focused on specialized PVC grades and Halogen-Free Flame Retardant (HFFR) grades.
- A capital expenditure of up to ₹60 crore for installing filter presses at the Cement Plant in Kota to improve operational flexibility and mitigate losses.
- A capital expenditure of up to ₹145 crore for establishing a Solar Power Plant at the Kota complex to meet the Vinyl Plant’s power requirements, aiming for cost-effective energy supply up to 8 MW.
- A capital expenditure of up to ₹120 crore for acquiring additional electrolysers for the Kota and Bharuch Caustic plants to enhance capacity and debottleneck operations.
These strategic investments underscore DCM Shriram’s commitment to enhancing its manufacturing capabilities, diversifying its product portfolio, and improving operational efficiency across its key business segments.
Source: BSE
