Outcome of Board Meeting
DCMSRIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of DCM Shriram Industries approved audited financial results for Q4 and FY2026 ended 31st March 2026. Total income increased to Rs. 1,164.44 crore from Rs. 1,091.55 crore (restated), a growth of about 7%. Net profit after tax rose significantly by 38% to Rs. 41.61 crore from Rs. 30.18 crore. Basic EPS for the year stood at Rs. 4.74. The Board recommended a dividend of Rs. 0.40 per share (20% on face value of Rs. 2). Key management changes include appointment of Sanjay Rastogi as Director & COO from July 2026 and reappointment of Vineet Manaktala as CFO. The results reflect the impact of the Composite Scheme of Arrangement (demerger of Chemicals and Rayons business) effective from April 2023, with prior periods restated. Statutory auditors BSR & Co. LLP issued an unmodified opinion with an emphasis of matter on the Scheme accounting treatment.
Strong PAT growth of 38% year-on-year indicates improved operational performance post-restructuring. Shareholders can expect dividend payout pending AGM approval. The emphasis of matter on Scheme accounting and a contingent liability of Rs. 881 lakh (Export Pass Fee demand) warrant monitoring but do not impact the clean audit opinion.