DCM Shriram reported INR 13,538 crore in net revenue for FY26, reflecting a 12% year-on-year growth. Despite global geopolitical challenges and supply chain disruptions, the company maintained a robust balance sheet and operational resilience. Key drivers included strong performance in Chemicals, Fenesta Building Systems, and Shriram Farm Solutions. The company continues to advance its strategic sustainability goals, including a 40% reduction in emissions by 2040, while investing in capacity expansions for long-term value creation.
FY26 Financial Performance
For the fiscal year 2026, DCM Shriram achieved a net revenue of INR 13,538 crore, up 12% year-on-year. Consolidated PBDIT rose by 15% to INR 1,694 crore, with significant contributions from the Chemicals, Sugar, Agri-Inputs, and Fertilizer segments. The company ended the year with a net debt of INR 1,767 crore, maintaining a comfortable level despite ongoing capital expenditure programs. The Board has recommended a final dividend of 200%, bringing the total dividend for the year to 560%.
Chemicals and Advanced Materials Expansion
The Chemicals business showed strong momentum, with revenue increasing by 32% year-on-year. The company successfully commissioned its Epichlorohydrin (ECH) plant in April 2026, which has seen positive market acceptance. Strategic growth is further supported by an approved INR 101 crore investment to expand formulated resin capacity from 14,000 to 50,000 tons per annum, slated for completion by Q2 FY28.
Fenesta and Agri-Input Growth
Fenesta Building Systems achieved a major milestone by crossing INR 1,000 crore in annual revenue, recording a 28% growth for FY26. The segment continues to evolve from a product-centric model to a comprehensive building material solution provider. Simultaneously, Shriram Farm Solutions delivered double-digit growth, anchored by record sales in the research wheat segment and the successful launch of 13 new products in crop protection and specialty nutrition verticals.
Sustainability and Future Outlook
DCM Shriram remains committed to sustainable growth, evidenced by a 40% reduction target for Scope 1 and 2 emissions by 2040. In March 2026, the company raised funds through sustainability-linked non-convertible debentures from the International Finance Corporation (IFC), validating its ESG roadmap. Looking ahead, the company is prioritizing supply chain agility and digital transformation to navigate macroeconomic uncertainties while continuing to integrate its manufacturing value chains.
Source: BSE
