DCM Shriram: Approves Interim Dividend, ₹275 Cr Capex; Q2 FY27 Results Out

DCM Shriram Limited’s Board of Directors has approved the unaudited financial results for the quarter and half year ended September 30, 2026. Key highlights include the approval of an interim dividend of ₹4/- per equity share, and capital expenditure authorizations totaling ₹275 crore for projects across its Cement, Chlor-Alkali, and PVC businesses. The company also reported its financial performance for the period, along with a limited review report from its auditors.

Financial Results and Dividend Approval

The Board of Directors of DCM Shriram Limited, in its meeting held on October 26, 2026, has approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter and half year ended September 30, 2026. Concurrent with the financial results, the Board declared an interim dividend of ₹4/- per equity share (200% on face value of ₹2/- each), amounting to ₹62.38 crores. The record date for this dividend is set for Friday, October 30, 2026, with payment to be made within 30 days.

Significant Capital Expenditure Approvals

The Board also greenlit substantial capital expenditure proposals aimed at enhancing operational capacity and efficiency across various business verticals:

  • ₹60 crore for installing filter presses at the Cement Plant in Kota to mitigate losses and improve sludge handling.
  • ₹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 solutions.
  • ₹120 crore for purchasing additional electrolysers for the Kota and Bharuch Caustic plants to debottleneck operations.

Joint Venture and Director Appointments

In other significant decisions, the Board approved the appointment of Mr. Salil Vishwanath as a Nominee Director of LIC, effective November 1, 2026, replacing Mr. Rabinarayan Mishra. The company also detailed an equity contribution of up to ₹50 crore towards its joint venture, Shriram Teknor Limited (STL), for expanding manufacturing capabilities in specialized PVC and CPVC compounds.

Auditor Review and Financial Highlights

The financial results were accompanied by Limited Review Reports from the Statutory Auditors, Deloitte Haskins & Sells. Standalone total income for the half year ended September 30, 2026, stood at ₹7,796.45 crore, with profit after tax at ₹855.78 crore. Consolidated total income for the same period was ₹7,990.55 crore, and profit after tax was ₹796.77 crore.

Source: BSE

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