DCM Shriram announced its Q3 FY26 results, highlighting growth in the Chemicals and Sugar businesses. Consolidated revenue reached ₹3,811 Cr, a 13% increase YoY. PBDIT saw a 4% rise to ₹560 Cr. The company continues to invest in capacity expansion and new projects to drive future growth across its various segments. An interim dividend of ₹56.14 crores has been declared.
Financial Performance Overview
DCM Shriram reported a consolidated net revenue of ₹3,811 Cr in Q3 FY26, reflecting a 13% increase compared to the same period last year. PBDIT rose to ₹560 Cr, a 4% increase YoY. PAT decreased by 19%. The company’s ROCE stands at 13.7%.
Segment Highlights
Chemicals & Vinyl
The Chemicals & Vinyl segment reported revenues of ₹1,122 Cr, a 20% increase YoY. PBDIT stood at ₹50 Cr. Caustic sales volumes increased by 6%, while ECU realizations decreased by 4%.
Sugar & Ethanol
The Sugar & Ethanol segment recorded revenues of ₹1,022 Cr, a 15% increase YoY. PBDIT significantly increased to ₹173 Cr. Sugar and ethanol volumes increased by 8% and 10%, respectively. Domestic sugar prices were better by 7% while Ethanol prices were down by 3%.
Fenesta Building Systems
Fenesta Building Systems reported revenues of ₹287 Cr, a 28% increase YoY. PBDIT reached ₹26 Cr. The project vertical led to better volumes across the segments.
Shriram Farm Solutions
Shriram Farm Solutions achieved revenues of ₹756 Cr, a 7% increase YoY. PBDIT stood at ₹185 Cr. The revenue increase was driven by better volumes in research wheat.
9M FY26 Performance
For the nine months ending December 2025, DCM Shriram’s net revenue reached ₹10,345 Cr, a 12% increase compared to the previous year. PBDIT increased by 24% to ₹1,294 Cr. A positive impact in PBDIT was seen due to government incentives.
Investments & Expansion
The company is undertaking capacity expansion projects, including an 850 TPD caustic capacity expansion at Bharuch and a 2100 TCD sugar capacity expansion at Loni Unit. They also are actively pursuing renewable energy sources.
Source: BSE
