DCMSHRIRAMNSEDCM Shriram LimitedHighNeutral
Announced Wed, 13 May · 20:14 IST

DCM Shriram Limited has informed the Exchange regarding a press release dated May 13, 2026, titled "Press Release on Audited Financial Results (both Standalone and Consolidated) of the Company for the year ended 31st March 2026".

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DCMSHRIRAM · price

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Price reaction · full curve 14 horizons · vs prior close
-4.1%1-day move
₹1178.00
prior close
₹1140.00
base price
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AI summary

DCM Shriram reported consolidated net revenue of ₹14,264 crore for FY 2025-26, up 12% year-on-year. PBDIT grew 15% to ₹1,694 crore, while PAT surged 42% to ₹856 crore. However, PAT growth includes a one-time deferred tax credit of ₹239 crore due to the company opting for the new tax regime under section 115BAA from FY27. Excluding this one-time item, underlying PAT growth was significantly lower. For Q4 FY26, net revenue was ₹3,373 crore and PAT was ₹371 crore. The Board recommended a final dividend of 200%. Key growth drivers were Chemicals (12% caustic soda volume growth), Fenesta Building Systems (28% revenue growth to ₹1,112 crore), and Shriram Farm Solutions (18% growth to ₹1,689 crore). Sugar & Ethanol business faced margin pressures from higher cane costs and oversupply.

Likely market impact

The 42% PAT growth appears strong but is inflated by a one-time ₹239 crore tax benefit; underlying profitability growth was modest. The company maintains a healthy dividend payout and demonstrates operational strength in chemicals and consumer businesses, though investors should note the Sugar segment headwinds and the base effect on growth comparisons.