Dcm Shriram Industries Limited has informed the Exchange that Board of Directors at its meeting held on May 20, 2026, recommended Final Dividend of Rs. 0.40 (20%) per equity share.
DCMSRIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
DCM Shriram Industries Board meeting held on May 20, 2026 approved the audited financial results for FY2026. The company reported total income of Rs. 1,09,155 lakhs and net profit after tax of Rs. 4,161 lakhs, compared to Rs. 3,018 lakhs in the previous year (restated). The Board recommended a final dividend of Rs. 0.40 per share (20%) on shares of Rs. 2 face value, subject to shareholder approval at the 35th AGM scheduled for July 15, 2026. Additionally, Sanjay Rastogi has been appointed as Director & COO (DSW) from July 1, 2026, replacing Vineet Manaktala in that role, while Manaktala continues as CFO. The composite scheme of arrangement involving demerger of chemical and rayon businesses became effective in December 2025.
The dividend recommendation signals management confidence, though the payout ratio of approximately 8.4% appears modest given the company's net profit growth of 37.9% year-on-year. The restructuring through demerger has reshaped the company's business profile, now focused solely on sugar and distillery operations.