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DCM Shriram to Raise USD 90 Million from IFC via Sustainability-Linked NCDs
DCM Shriram Limited has secured a USD 90 million investment commitment from the International Finance Corporation (IFC) through Sustainability-Linked Non-Convertible Debentures (NCDs). The capital is earmarked for the expansion of the company's downstream chemicals business and capital expenditures in its agri-business segment. This transaction is structured under a newly developed Sustainability-Linked Loan framework, independently assured by CareEdge ESG. The partnership aims to enhance industrial capabilities and support rural job creation while aligning with global ESG standards.
Key Highlights
Secured USD 90 million investment commitment from IFC, the private sector arm of the World Bank Group
Funds to be raised through Sustainability-Linked Non-Convertible Debentures (NCDs)
Proceeds allocated for downstream chemicals expansion and agri-business growth initiatives
Framework independently reviewed and assured by CareEdge ESG to ensure transparency
Strategic focus on strengthening the manufacturing base and rural supply chains in India
💼 Action for Investors
This is a positive signal as it secures long-term growth capital from a reputable global institution at likely competitive terms. Investors should monitor the timely execution of the chemicals expansion project, which is expected to be a key value driver.
DCM Shriram to Invest Rs 217 Cr for 48 MW Renewable Energy Project at Bharuch Plant
DCM Shriram's board has approved a total investment of Rs 217 crores to significantly enhance renewable energy capacity at its Bharuch facility. The plan involves an equity investment of up to Rs 87 crores for a minimum 26% stake in Special Purpose Vehicles and a capital expenditure of Rs 130 crores for infrastructure. This project will add 48 MW of renewable power, nearly doubling the plant's current RE provision from 50.4 MW to 98.4 MW. The project is expected to be completed by June 2027, aiming for 30 MW of round-the-clock power supply.
Key Highlights
Approved equity investment of up to Rs 87 crores for minimum 26% stake in RE SPVs
Sanctioned Rs 130 crores for infrastructure development related to the power project
Total renewable power capacity at Bharuch plant to increase from 50.4 MW to 98.4 MW
Project aims to provide 30 MW round-the-clock power at 75% Capacity Utilization Factor
Indicative timeline for project completion is set for June 2027
💼 Action for Investors
Investors should monitor the progress of this green energy transition as it is likely to reduce long-term power costs and improve ESG ratings. The substantial increase in RE capacity at the Bharuch plant suggests a focus on operational efficiency and sustainability.
DCMSIL Q3 FY26 Results: Consolidated Net Profit at ₹3.89 Cr, Revenue Declines 18.6% YoY
DCM Shriram International Limited (DCMSIL) reported its first financial results post-listing, showing a consolidated revenue of ₹118.44 crore for Q3 FY26, down from ₹145.54 crore YoY. The company achieved a net profit of ₹3.89 crore, marking a recovery from a loss of ₹2.63 crore in the preceding quarter (Q2 FY26). However, on a year-on-year basis, the 9-month net profit saw a massive decline, falling to ₹4.45 crore from ₹53.56 crore in the previous year. The results reflect the performance of the Rayon undertaking following the recent composite scheme of arrangement.
Key Highlights
Consolidated Revenue from operations for Q3 FY26 stood at ₹118.44 crore, an 18.6% decline compared to ₹145.54 crore in Q3 FY25.
Net Profit for the quarter was ₹3.89 crore, a significant 74.5% drop from the ₹15.30 crore reported in the same quarter last year.
9M FY26 consolidated net profit plummeted to ₹4.45 crore from ₹53.56 crore in 9M FY25, indicating severe margin pressure.
The company showed a sequential (QoQ) turnaround, moving from a loss of ₹2.63 crore in Q2 FY26 to a profit of ₹3.89 crore in Q3 FY26.
Total expenses for the nine-month period ended December 2025 were ₹337.71 crore against a total income of ₹343.72 crore.
💼 Action for Investors
Investors should exercise caution as the sharp year-on-year decline in profitability suggests operational challenges post-demerger. It is advisable to wait for a few more quarters to assess the stability of the newly listed entity's earnings profile.
DCM Shriram Industries Shareholders Approve Key Management Appointments with Over 99% Majority
DCM Shriram Industries Limited has successfully passed four special resolutions through a postal ballot, all receiving over 99.8% shareholder approval. The resolutions confirm the appointments of Mr. Anurag Surana and Mr. Sidharth Prasad as Independent Directors, along with Mr. Uday Shriram as Deputy Managing Director and Mr. Rohan Shriram as Whole Time Director. Total voting participation stood at approximately 59.08% of the total shares, representing 51,397,080 votes. These appointments solidify the company's leadership team and governance framework for the upcoming term.
Key Highlights
Appointment of Mr. Uday Shriram as Deputy Managing Director approved with 99.89% votes in favour.
Mr. Rohan Shriram appointed as Whole Time Director with 99.89% shareholder support.
Independent Directors Anurag Surana and Sidharth Prasad secured 99.89% and 99.96% approval respectively.
Total voter turnout for the postal ballot was 51,397,080 shares, representing 59.08% of total capital.
💼 Action for Investors
The high approval ratings indicate strong shareholder confidence in the current management and proposed leadership. Investors should view this as a positive sign of leadership continuity and governance stability.
DCM Ltd Seeks Approval to Extend ₹12.02 Cr Debt Repayment Period by 36 Months
DCM Limited has issued a postal ballot notice to seek shareholder approval for a material related party transaction with Purearth Infrastructure Limited, a joint venture company. The proposal seeks to extend the repayment period for book debts of ₹12.02 Crores by an additional 36 months, increasing the total tenure to 102 months. The total amount involved, including accrued interest, is approximately ₹21 Crores related to residential units in the 'Amaryllis' project in Central Delhi. Shareholders can cast their votes electronically between February 25 and March 26, 2026.
Key Highlights
Extension of repayment for ₹12.02 Crores book debt by an additional 36 months.
Total repayment tenure increased from 66 months to 102 months from the original 2021 agreement dates.
Aggregate transaction value including accrued interest estimated at approximately ₹21 Crores.
The transaction involves the purchase of residential units in the 'Amaryllis' project, Central Delhi.
E-voting results to be declared on or before March 27, 2026.
💼 Action for Investors
Investors should monitor the outcome of the postal ballot as the 3-year extension impacts the timing of cash flows related to the company's real estate interests. Evaluate if the interest accrual sufficiently compensates for the delayed repayment from the joint venture.
DCM Shriram Industries Clarifies Non-Submission of Consolidated Q3 FY26 Results
DCM Shriram Industries has clarified to the Exchange that it did not submit consolidated financial results for the quarter ended December 31, 2025, because it no longer has any subsidiaries or associates. This change is the result of a court-approved Scheme of Arrangement that became effective on December 17, 2025, demerging two business segments into independent entities. Consequently, former subsidiaries like DCM Shriram Fine Chemicals and DCM Shriram International have ceased to be part of the company's consolidated group. Investors should now view the company's financial performance on a standalone basis following this structural reorganization.
Key Highlights
Scheme of Arrangement became effective on December 17, 2025, after NCLT approval and ROC filing.
Two business segments were demerged into DCM Shriram Fine Chemicals Ltd and DCM Shriram International Ltd.
The company reported having zero subsidiaries, associates, or joint ventures as of the December 31, 2025 reporting date.
Consolidated financial statements are no longer applicable for the company following the restructuring.
The restructuring was effective retrospectively from April 1, 2023, for accounting purposes.
💼 Action for Investors
Investors should update their valuation models to reflect the company's new standalone structure and monitor the separate listing or performance of the demerged entities. No further consolidated reporting should be expected unless new subsidiaries are formed or acquired.
DCM Shriram Industries Q3 Net Profit Flat at ₹3.47 Cr Post-Demerger of Chemical & Rayon Units
DCM Shriram Industries reported a marginal increase in net profit to ₹3.47 crore for Q3 FY26, compared to ₹3.45 crore in the restated year-ago period. Revenue from operations saw a slight dip to ₹254.37 crore from ₹261.19 crore. The quarter was significant for the completion of a major corporate restructuring involving the demerger of the Chemical and Rayon businesses and the amalgamation of Lily Commercial Private Limited. Consequently, all historical figures have been restated to reflect only the continuing operations.
Key Highlights
Q3 FY26 Net Profit stood at ₹3.47 crore, nearly flat compared to ₹3.45 crore in Q3 FY25 (restated).
Revenue from operations for the quarter was ₹254.37 crore, a 2.6% decline from ₹261.19 crore YoY.
9M FY26 Net Profit reached ₹10.46 crore on a total income of ₹845.07 crore.
Demerger of Chemical and Rayon businesses finalized with an effective date of December 17, 2025, and retrospective accounting from April 1, 2023.
Amalgamation of Lily Commercial Private Limited completed, involving the cancellation and re-allotment of 50.11% of the company's equity shares to Lily's shareholders.
💼 Action for Investors
Investors should evaluate the company based on the restated financials as the demerger has significantly altered the business profile and asset base. Monitor the performance of the remaining core segments, primarily Sugar, to assess growth potential in the new leaner corporate structure.
DCM Ltd Resubmits Q3 FY26 Results with UDIN; Appoints New CS Amid Going Concern Warnings
DCM Limited has resubmitted its unaudited financial results for the quarter ended December 31, 2025, to include the mandatory UDIN following a technical glitch. The company also announced the appointment of Ms. Sonal Gupta as Company Secretary and Compliance Officer. Despite the administrative updates, auditors have raised a 'Material Uncertainty on Going Concern' as current liabilities exceed current assets by ₹284 lakhs. Furthermore, the company faces a legal dispute over the termination of a Joint Development Agreement involving a ₹5,000 lakh advance and has ₹7,845 lakhs in unprovided wages due to a long-standing lockout.
Key Highlights
Resubmission of Q3 FY26 results to include UDIN; financial figures remain unchanged from the initial filing.
Ms. Sonal Gupta appointed as Company Secretary and Compliance Officer effective February 12, 2026.
Auditors flagged ₹7,845 lakhs in unprovided wages related to a lockout at the engineering unit since October 2019.
Material uncertainty on going concern noted as current liabilities exceed current assets by ₹284 lakhs as of Dec 31, 2025.
Legal dispute ongoing regarding the termination of a Joint Development Agreement for Hisar land involving a ₹5,000 lakh advance.
💼 Action for Investors
Investors should remain highly cautious given the auditor's 'Going Concern' warning and the significant ₹7,845 lakh unprovided liability. Monitor the legal proceedings regarding the Hisar land JDA termination and the company's ability to improve liquidity through asset sales.
DCM Ltd Appoints New CS; Auditor Raises Going Concern Risks and ₹78.45 Cr Unpaid Wage Liability
DCM Limited has reported its Q3 FY26 results and announced the appointment of Ms. Sonal Gupta as Company Secretary. The statutory auditors have issued a 'Material Uncertainty on Going Concern' warning as current liabilities exceed current assets by ₹284 lakhs. Furthermore, the company has not provided for wages amounting to ₹7,845 lakhs related to a lockout at its engineering unit since October 2019. A significant legal dispute is also ongoing regarding a Joint Development Agreement for Hisar land involving a ₹5,000 lakh advance.
Key Highlights
Ms. Sonal Gupta appointed as Company Secretary and Compliance Officer effective February 12, 2026.
Auditors highlighted ₹7,845 lakhs in unprovided wages for the engineering business lockout period from Oct 2019 to Dec 2025.
Material uncertainty on going concern exists as current liabilities exceed current assets by ₹284 lakhs as of December 31, 2025.
Ongoing legal dispute in Delhi High Court regarding the forfeiture of a ₹5,000 lakh advance under a Joint Development Agreement.
Group share of profit from joint ventures and subsidiaries stood at ₹129 lakhs for the quarter ended December 31, 2025.
💼 Action for Investors
Investors should remain highly cautious given the auditor's 'Going Concern' warning and the substantial unprovided wage liabilities. Monitor the outcome of the Hisar land litigation and any progress on the restructuring of the engineering business.
DCM Ltd Q3 FY26 Results: Auditors Raise Going Concern Warning Amid Legal Disputes
DCM Limited's Q3 FY26 results are overshadowed by a 'Material Uncertainty on Going Concern' warning from auditors as current liabilities exceed current assets by Rs. 284 lakhs. The company is embroiled in a legal battle over the termination of a Joint Development Agreement for its Hisar land, involving a Rs. 5,000 lakh advance currently held as a liability. Furthermore, the company has not provided for wages totaling Rs. 7,845 lakhs related to a long-standing lockout at its engineering unit since 2019. Management is looking to land sales and restructuring to improve liquidity.
Key Highlights
Auditors highlighted a Material Uncertainty on Going Concern as current liabilities exceed current assets by Rs. 284 lakhs.
Unprovided wage liability for the engineering business lockout (since Oct 2019) has reached Rs. 7,845 lakhs.
Company issued a termination notice for its Hisar land Joint Development Agreement (JDA) on Nov 1, 2025, leading to litigation.
A Rs. 5,000 lakh advance received from the developer is currently classified as a current liability pending arbitration.
Ms. Sonal Gupta was appointed as Company Secretary and Compliance Officer effective February 12, 2026.
💼 Action for Investors
Investors should exercise extreme caution given the 'Going Concern' qualification and the significant legal risks surrounding the company's primary real estate assets. The potential liability of Rs. 7,845 lakhs in unpaid wages remains a major overhang on the balance sheet.
DCM Financial Services Approves Q3 FY26 Results; Total Indebtedness at ₹56.95 Crore
DCM Financial Services Limited has approved its unaudited standalone and consolidated financial results for the quarter ending December 31, 2025. The company reported a total financial indebtedness of ₹56.95 Crore, encompassing both short-term and long-term debt. Outstanding loans from banks and financial institutions are relatively low at ₹0.25 Crore, while unlisted debt securities (NCDs and NCRPS) stand at ₹16.03 Crore. The board also reviewed the statutory auditor's limited review report for the period.
Key Highlights
Approved unaudited standalone and consolidated financial results for the quarter ended December 31, 2025.
Total financial indebtedness of the company reported at ₹56.95 Crore.
Outstanding loans from banks and financial institutions recorded at ₹0.25 Crore.
Total outstanding amount for unlisted debt securities (NCDs and NCRPS) is ₹16.03 Crore.
Statutory auditors have completed the Limited Review Report for the quarter.
💼 Action for Investors
Investors should review the full profit and loss statement once available to evaluate the company's earnings performance relative to its ₹56.95 Crore debt. Monitor the company's debt-servicing capability and any potential impact of the unlisted debt securities on liquidity.
DCM Nouvelle Q3 Results: Revenue up 14.5% QoQ, Net Loss of ₹33.9 Cr due to Subsidiary Impairment
DCM Nouvelle reported a revenue of ₹269.21 crore for Q3 FY26, a 14.5% increase sequentially from ₹235.11 crore in Q2. Despite the revenue growth and improved operational profit before tax of ₹4.58 crore, the company posted a net loss of ₹33.90 crore. This loss was primarily driven by a significant non-cash exceptional item of ₹35.61 crore representing an impairment provision for its subsidiary, DCM Nouvelle Specialty Chemicals Limited. Additionally, the company recognized a ₹1.86 crore charge related to the implementation of new labor codes.
Key Highlights
Revenue from operations grew 14.5% QoQ to ₹269.21 crore, though 9M revenue is down 3.8% YoY.
Reported a net loss of ₹33.90 crore in Q3 FY26 against a profit of ₹2.21 crore in Q3 FY25.
Recognized a one-time impairment charge of ₹35.61 crore for its specialty chemicals subsidiary based on value-in-use assessment.
Operational profit before exceptional items improved to ₹4.58 crore from ₹1.88 crore in the preceding quarter.
Exceptional items also include a ₹1.86 crore statutory impact from the notification of new Labour Codes.
💼 Action for Investors
Investors should exercise caution as the large impairment suggests the specialty chemicals venture is underperforming expectations. While the core textile business shows signs of sequential recovery, the overall financial health is currently weighed down by subsidiary-level write-downs.
DCM Shriram Industries Sets Cost Apportionment Ratio for Demerged Entities
DCM Shriram Industries has announced the cost of acquisition apportionment for its shareholders following the demerger of its Chemical and Rayon undertakings. For every 1 equity share held in the parent company, shareholders have been allotted 1 share each in DCM Shriram Fine Chemicals Limited and DCM Shriram International Limited. The cost of acquisition for the original shares will now be split among the three entities based on specific percentages for tax purposes. This update follows the scheme of arrangement that became effective on December 17, 2025.
Key Highlights
Cost of acquisition for DCM Shriram Industries Limited (Parent) is set at 42.66%
Cost of acquisition for DCM Shriram Fine Chemicals Limited is set at 25.22%
Cost of acquisition for DCM Shriram International Limited is set at 32.12%
Share entitlement ratio is 1:1:1 for the parent and the two resulting companies
The apportionment is based on the net book value of assets transferred as of the demerger date
💼 Action for Investors
Shareholders should use these ratios to adjust their purchase price records for tax compliance and capital gains calculations. No immediate action is required regarding the holding of the shares themselves.
DCM Shriram Q3 FY26 Revenue Up 13% to ₹3,811 Cr; Announces 180% Interim Dividend
DCM Shriram reported a 13% YoY increase in Q3 FY26 revenue to ₹3,811 crore, driven by strong performance in Chemicals and Sugar segments. PBDIT grew 4% to ₹560 crore, while PAT was impacted by a ₹55 crore exceptional item related to the implementation of new labor codes. The Chemicals segment saw 30% revenue growth despite lower ECU prices, and the Sugar segment benefited from higher volumes and a ₹36 crore provision reversal. The board declared an interim dividend of 180%, reflecting steady cash flow despite ongoing capital expenditure.
Key Highlights
Q3 FY26 Revenue rose 13% YoY to ₹3,811 crore, while PBDIT increased 4% to ₹560 crore.
Chemicals revenue jumped 30% YoY, supported by new projects like Hydrogen Peroxide and Epoxy, despite a 4% drop in ECUs.
Sugar & Ethanol PBDIT surged to ₹204 crore from ₹112 crore last year, aided by a ₹36 crore provision reversal.
Net debt stood at ₹1,084 crore as of Dec 31, 2025, down from ₹1,395 crore in March 2025.
Board declared an interim dividend of 180% amounting to a total payout of ₹56.14 crore.
💼 Action for Investors
Investors should monitor the stabilization of the newly commissioned Epichlorohydrin (ECH) plant and the upcoming aluminum extrusion project at Kota. The company's diversified portfolio and consistent dividend payouts make it a resilient pick in the industrial and agri-input space.
DCM Shriram Q3 FY26: Revenue Up 13% to ₹3,811 Cr; PAT Dips 19% on Exceptional Charge
DCM Shriram reported a resilient Q3 FY26 with consolidated net revenue rising 13% YoY to ₹3,811 crore, driven by a 30% growth in the Chemicals segment and a 28% jump in Fenesta. While PBDIT grew 4% to ₹560 crore, PAT declined 19% YoY to ₹213 crore due to a one-time exceptional charge of ₹55 crore related to new labor codes. The company is successfully diversifying into downstream chemicals like Epichlorohydrin and Epoxy resins, which are seeing good market traction. A dividend of ₹56.14 crores was also announced during the quarter.
Key Highlights
Consolidated Net Revenue grew 13% YoY to ₹3,811 crore, supported by volume-led growth in Chemicals.
PAT decreased by 19% YoY to ₹213 crore, impacted by a ₹55 crore one-time labor code provision.
Chemicals revenue surged 30% YoY following the commissioning of new projects and the Epoxy plant acquisition.
Shriram Farm Solutions achieved its highest-ever quarterly sales in research wheat seed, contributing to 7% segment growth.
Fenesta Building Systems continued its strong momentum with a 28% YoY revenue increase.
💼 Action for Investors
Investors should focus on the successful ramp-up of new chemical capacities and the potential margin improvement from anti-dumping duties on Epoxy resins. The company's diversified model provides stability, though sugar sector cost pressures remain a point to watch.
DCM Shriram Industries Proposes Appointment of 4 Directors; E-voting Starts Jan 26
DCM Shriram Industries has issued a postal ballot notice to seek shareholder approval for four key board appointments. This includes two Independent Directors, Mr. Anurag Surana and Mr. Sidharth Prasad, for five-year terms ending in December 2030. Additionally, the company is seeking approval for Mr. Uday Shriram as Deputy Managing Director and Mr. Rohan Shriram as Whole Time Director, both for five-year terms starting December 23, 2025. The e-voting process is scheduled to run from January 26 to February 24, 2026.
Key Highlights
Appointment of two Independent Directors for 5-year terms ending December 9, 2030.
Mr. Uday Shriram and Mr. Rohan Shriram proposed for executive roles for 5-year terms from Dec 23, 2025.
Remote e-voting period scheduled from Jan 26, 2026, to Feb 24, 2026.
All four resolutions are proposed as Special Resolutions requiring 75% majority approval.
The cut-off date for determining shareholder voting eligibility was January 19, 2026.
💼 Action for Investors
Investors should review the professional backgrounds of the proposed directors to ensure leadership alignment with the company's growth strategy. No immediate portfolio action is required as these are standard governance procedures.
DCM Shriram Q3 FY26 Revenue Rises 13% to ₹3,811 Cr; Announces 180% Interim Dividend
DCM Shriram reported a 13% YoY growth in Q3 FY26 revenue at ₹3,811 crore, driven by strong performance in the Chemicals and Sugar segments. While PBDIT grew 4% to ₹560 crore, PAT declined 19% to ₹213 crore primarily due to a ₹55 crore exceptional item related to new labor codes. The company is aggressively expanding its chemicals portfolio with the commissioning of the Epichlorohydrin (ECH) plant and the acquisition of HSCL for epoxy resins. The board has declared an interim dividend of 180%, bringing the total dividend for the year to 360%.
Key Highlights
Consolidated Revenue for Q3 FY26 grew 13% YoY to ₹3,811 crore, while 9M FY26 PBDIT rose 24% to ₹1,294 crore.
Chemicals segment revenue surged 30% YoY in Q3, supported by a 6% increase in Caustic volumes and new project contributions.
Sugar & Ethanol segment revenue increased 15% YoY in Q3, aided by higher domestic sugar prices and a ₹36 crore reversal of ethanol duty provisions.
Fenesta Building Systems saw a 28% revenue jump in Q3, although margins were pressured by product mix and expansion costs.
Net Debt increased to ₹1,084 crore from ₹867 crore last year to fund ongoing capital expenditure and strategic acquisitions.
💼 Action for Investors
Investors should monitor the ramp-up of new chemical adjacencies like ECH and Epoxy, which are expected to enhance integrated utilization and drive future margins. The company remains a strong play on industrial chemicals and agri-business integration with a consistent dividend track record.
DCM Shriram Q3 PAT Falls 19% to Rs 201 Cr; Declares Rs 3.60 Interim Dividend
DCM Shriram reported a 12.6% YoY increase in standalone revenue to Rs 3,858 crore for Q3 FY26, while Profit After Tax (PAT) declined 19% to Rs 201 crore. The earnings were significantly impacted by a one-time exceptional provision of Rs 55 crore for the new statutory Labour Codes. The Board declared a second interim dividend of Rs 3.60 per share, with the record date set for January 24, 2026. For the nine-month period, the company maintains a healthy growth with PAT at Rs 466.56 crore versus Rs 391.84 crore last year.
Key Highlights
Standalone Revenue from operations rose 12.6% YoY to Rs 3,858.02 crore in Q3 FY26.
Net Profit (PAT) decreased 19.1% YoY to Rs 201.36 crore due to a Rs 55 crore exceptional charge.
Declared a second interim dividend of Rs 3.60 per share (180% of face value).
EBIDTA grew 4.5% YoY to Rs 540.03 crore, reflecting stable operational performance.
The record date for the interim dividend is fixed as January 24, 2026.
💼 Action for Investors
The stock remains a steady dividend payer, but the exceptional hit to margins this quarter suggests a neutral outlook. Long-term investors should watch for recovery in seasonal segments and clarity on labour code liabilities.
DCM Shriram Q3 FY26: Revenue Up 12.7% to ₹3,858 Cr; Declares ₹3.60 Interim Dividend
DCM Shriram reported a 12.7% YoY increase in standalone revenue to ₹3,858.02 crore for the quarter ended December 31, 2025. Standalone Profit After Tax (PAT) declined by 19.1% YoY to ₹201.36 crore, largely due to a one-time exceptional provision of ₹55 crore for the new Labour Codes. The company declared a second interim dividend of ₹3.60 per share, bringing the total interim dividend for FY26 to ₹7.20. Despite the PAT drop, operational EBITDA grew 4.5% YoY to ₹540.03 crore, indicating stable core performance.
Key Highlights
Standalone Revenue from operations grew 12.7% YoY to ₹3,858.02 crore from ₹3,424.59 crore.
Standalone PAT fell 19.1% YoY to ₹201.36 crore, impacted by a ₹55 crore exceptional item for Labour Code compliance.
Declared 2nd interim dividend of ₹3.60 per share (180%) with a record date of January 24, 2026.
EBITDA (before exceptional items) increased by 4.5% YoY to ₹540.03 crore.
9M FY26 Standalone PAT stands at ₹466.56 crore, up 19% compared to ₹391.84 crore in 9M FY25.
💼 Action for Investors
Investors should view the PAT decline as a one-time regulatory adjustment rather than an operational failure, as EBITDA and revenue show growth. The consistent dividend payout remains a positive for long-term shareholders.
DCM Shriram Industries Completes Share Allotment for Demerger; Effective Date Dec 17, 2025
DCM Shriram Industries has finalized the allotment and credit of equity shares for its two resulting companies, DCM Shriram Fine Chemicals and DCM Shriram International, under a composite scheme of arrangement. The effective date of the scheme is confirmed as December 17, 2025, following the filing of NCLT orders. As a result, these entities have ceased to be subsidiaries and are now independent companies. Both resulting companies are currently seeking listing and trading permissions from the BSE and NSE to provide liquidity to shareholders.
Key Highlights
Effective date of the demerger scheme confirmed as December 17, 2025.
Shares of DCM Shriram Fine Chemicals and DCM Shriram International credited to eligible shareholders.
Resulting companies have ceased to be wholly-owned subsidiaries of DCM Shriram Industries.
Listing applications for the new entities are being processed with BSE and NSE.
Pre-scheme share capital of the resulting companies held by the parent has been cancelled.
💼 Action for Investors
Shareholders should verify the credit of new shares in their demat accounts and monitor upcoming exchange notifications for the listing dates of the two new entities.