| Metric | Value (₹ Cr) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 4.0K | 16.6% | 13.8% |
| Total Income | 4.0K | 14.2% | 13.3% |
| Expenditure | 3.7K | 11.2% | 15.1% |
| PBT | 322.49 | 31.2% | 16.4% |
| Net Profit | 212.64 | 34.0% | 18.9% |
| OPM | 11.91% | 2.90pp | 6.43pp |
| NPM | 5.27% | 0.78pp | 2.09pp |
| EPS | 13.59 | 34.0% | 19.2% |
DCM Shriram Ltd. Delivers Resilient Q3 Performance with 13% Revenue Increase, Driven by Chemicals Expansion and Agri Businesses
21 Jan 2026 · 21 Jan, 6:03 pm
Summary
DCM Shriram Ltd. has reported a resilient Q3 performance with a 13% increase in revenue, driven by growth in the Chemicals and Agri businesses. The company's net revenues stand at Rs 3,811 crore, with PBDIT at Rs 560 crore and PAT at Rs 213 crore. The PAT is down by 19% due to an one-time exceptional charge of Rs 55 crore under new labour codes. The company has also announced a dividend of Rs 56.14 crores.
Key Highlights
- 1
Revenue increase across all major business lines — Chemicals, Sugar and Ethanol, Fenesta Building Systems, and Shriram Farm Solutions
- 2
Chemicals business delivered volume-led growth during the quarter
- 3
Strategic pivot toward downstream adjacencies continues to gain momentum
- 4
Sugar and Ethanol business benefited from higher sugar prices, better volumes, and a positive impact of Rs 36 crore
- 5
Shriram Farm Solutions delivered resilient growth during the quarter, driven by strong performance in the crop protection segment and research wheat seed
- 6
Consolidated net revenue rose 13% to Rs 3,811 crore for Q3 FY26
- 7
Completed acquisition of Epoxy plant in August 2025 and partially commissioned greenfield Epichlorohydrin Plant in Bharuch as of Oct 2025
Management Comments
Mr. Ajay Shriram
Chairman & Senior Managing Director
The global business environment is being reshaped by heightened geopolitical volatility, tighter financial conditions and rapid technological disruption. Trade realignments, selective tariff actions and prolonged regional conflicts are disrupting supply chains, elevating cost structures and constraining long-term capital planning. Amid this uncertainty, India stands out with quiet confidence that has been supported by resilient macroeconomic fundamentals and a demographic dividend that is increasingly translating into consumption, entrepreneurship and formalization of the economy.
Mr. Vikram Shriram
Vice Chairman & Managing Director
Supported by a strong balance sheet and disciplined capital allocation, we remain well positioned to pursue growth opportunities in businesses aligned with our long-term strategic priorities, as we continue to build resilient & future-ready businesses.”
Informational and educational content only. Not investment advice.