DCM Shriram announced strong Q2 FY26 results, driven by Chemicals and Agri businesses. Revenue from Operations reached ₹3,432 crore, a 10% YoY increase. PBDIT surged by 74% YoY to ₹408 crore, while PAT jumped 152% YoY to ₹159 crore. An interim dividend of 180%, amounting to ₹56.14 crore, was declared.
Financial Performance Highlights
DCM Shriram Ltd. reported its financial results for Q2 FY26, showcasing significant growth and improved profitability. Key highlights include:
- Revenue from Operations: ₹3,432 crore (+10% YoY)
- PBDIT: ₹408 crore (+74% YoY)
- PAT: ₹159 crore (+152% YoY)
- Interim Dividend: Declared at 180% amounting to ₹56.14 crore
Chemicals Business Performance
The Chemicals segment demonstrated substantial growth:
- Revenues increased by 50% YoY to ₹913 crore.
- PBDIT surged by 195% to ₹254 crore, driven by higher caustic volumes and improved ECU margins.
- The acquisition of Hindusthan Specialty Chemicals Ltd. (HSCL) was completed.
- A 35,000 TPA Epichlorohydrin (ECH) facility was commissioned.
Sugar & Ethanol Segment
While revenues declined by 6% YoY, PBDIT surged by 143% to ₹933 crore due to higher ethanol margins and upward revision in power tariffs by UPPCL.
Shriram Farm Solutions
This segment reported strong growth:
- Revenue growth of 27% to ₹471 crore.
- PBDIT increase of 47% to ₹106 crore.
- Launched 11 new products, including 4 from its own R&D.
Fenesta Building Systems
- Revenues rose 28% to ₹283 crore.
- Order book up 71% YoY.
Strategic Investments and Outlook
DCM Shriram has successfully completed major investments across FY25 and FY26, including:
- 850 TPD Caustic Soda Expansion and 120 MW Power Plant at Bharuch.
- 52,500 TPA Hydrogen Peroxide Plant at Bharuch.
- 2,100 TCD Sugar Capacity Expansion at Loni Unit (Uttar Pradesh).
- 12 TPD Compressed Bio-Gas (CBG) Plant at Ajbapur.
- Acquisition of 53% stake in DNV Global Pvt Ltd.
- 100% acquisition of Hindusthan Specialty Chemicals Ltd. (HSCL).
- Commissioning of 35,000 TPA Epichlorohydrin (ECH) Plant at Bharuch.
Source: BSE