| Metric | Value (₹ Cr) | Q3 FY26 | Q4 FY25 |
|---|---|---|---|
| Revenue | 3.4K | 15.7% | 11.7% |
| Total Income | 3.4K | 15.2% | 12.5% |
| Expenditure | 3.2K | 12.5% | 15.4% |
| PBT | 253.75 | 21.3% | 6.0% |
| Net Profit | 370.80 | 74.4% | 107.3% |
| OPM | 11.40% | 0.51pp | 2.02pp |
| NPM | 10.84% | 5.57pp | 4.96pp |
| EPS | 23.71 | 74.5% | 106.7% |
DCM Shriram FY26: PBDIT Up 15% to ₹1694 Cr, PAT Up 42% to ₹856 Cr
13 May 2026 · 13 May, 8:12 pm
Summary
DCM Shriram Ltd. reported a resilient performance for FY 2025–26, with consolidated net revenue growing by 12% to ₹14,264 crore and PBDIT increasing by 15% to ₹1,694 crore. Profit After Tax for the full year surged by 42% to ₹856 crore, significantly benefiting from a one-time deferred tax credit of ₹239 crore due to the company opting for a new tax regime. For the fourth quarter of FY26, the company recorded a consolidated net revenue of ₹3,373 crore and a Profit After Tax of ₹371 crore. Management highlighted strong volume-led growth across Chemicals, Fenesta, and Shriram Farm Solutions, attributing the performance to strategic expansion, operational efficiencies, and ongoing sustainability initiatives, while acknowledging global macroeconomic uncertainties and margin pressures in certain segments.
Key Highlights
- 1
DCM Shriram Ltd. reported a consolidated net revenue of ₹14,264 crore for FY 2025–26, marking a 12% growth over the previous year.
- 2
Consolidated Profit Before Depreciation, Interest, and Tax (PBDIT) for FY 2025–26 grew by 15% to ₹1,694 crore.
- 3
Profit After Tax (PAT) for FY 2025–26 significantly increased by 42% to ₹856 crore, which includes a one-time deferred tax credit of ₹239 crore.
- 4
For Q4 FY26, consolidated net revenue stood at ₹3,373 crore, up from ₹3,019 crore in the corresponding quarter last year.
- 5
Q4 FY26 Profit After Tax increased robustly to ₹371 crore compared to ₹179 crore in Q4 FY25.
- 6
The Board of Directors recommended a final dividend of 200%.
- 7
The Chemicals business demonstrated strong volume growth, with caustic soda volumes increasing by 12% during FY26, supported by expanded capacities and downstream integration.
Management Comments
Mr. Ajay Shriram and Mr. Vikram Shriram (Joint Statement)
Financial Year 2025–26 saw global organizations and governments being stress tested by persistent uncertainties. Rising trade protectionism, supply chain realignments and the escalation of conflict in West Asia continued to impact commodity markets, logistics corridors and capital flows, reinforcing the importance of operational agility and resilience. Despite these headwinds, the Indian economy demonstrated better resilience, supported by strong macroeconomic fundamentals, sustained domestic demand and continued public infrastructure spending. Our Chemicals business recorded strong volume growth, driven by progressive ramp-up of expansion and downstream integration completed over last two years. Epichlorohydrin (ECH) facility, part of the advanced material value chain, got fully commissioned in April 2026, and is witnessing encouraging market acceptance. The Epoxy and Formulated resins business that we acquired during the year is now being expanded, especially in the value-added formulated resins space. We are exploring to grow our businesses through strategic partnerships where there is a need for high-end technology. In line with this, we have entered a JV with a US Company for our PVC compounding business and plan to accelerate the growth. In the Sugar and Ethanol business, Indian sugar production increased by 2.3 MMT this season as compared to last year. The industry is facing margin pressures arising from higher cane cost and oversupply in Sugar as well as Ethanol business. Sustained policy support—through higher sugar MSP, expanded blending mandates, export facilitation and alternate ethanol usage—remains critical for industry viability. Our consumer businesses, Fenesta Building Systems & Shriram Farm Solutions continued to grow at a healthy pace while consolidating their market position and reaching new milestones. The Company remains focused on value-chain integration, capacity optimization, cost efficiency and disciplined capital allocation. Supported by a strong balance sheet, we remain well positioned to pursue growth opportunities while navigating an increasingly dynamic global environment. Sustainability continues to remain integral to our long-term strategy through responsible resource utilization, environmental stewardship and meaningful community engagement.
Informational and educational content only. Not investment advice.