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India
As of 18 Sept 2026, 03:30 pm
DCM Shriram Limited announced on September 1, 2026, that its Main Aluminium Extrusion Plant at the Kota Unit commenced commercial production at 10:30 a.m. The Surface Finish Plants are still undergoing installation and commissioning as of that date.
On August 31, 2026, ICRA Limited reaffirmed DCM Shriram's long-term fund-based term loan of ₹1019.82 crore and cash credit of ₹1349.00 crore at [ICRA]AA+ (Stable). Short-term fund-based WCDL of ₹100.00 crore and non-fund based limits of ₹1500.00 crore were reaffirmed at [ICRA]A1+. The Commercial Paper Programme of ₹120 crore was reaffirmed at [ICRA]A1+, while the rating for ₹580 crore of the assigned amount was withdrawn. The Fixed Deposits Programme of ₹40 crore was reaffirmed at [ICRA]AA+ (Stable).
As of September 18, 2026, DCM Shriram's stock has shown the following returns: 1-year return of -24%, Year-to-Date (YTD) return of -22%, and a return since the start of -11%. Over shorter periods, the 1-month return was -3%, and the 3-month return was -4%.
Based on daily and weekly technical indicators as of September 18, 2026, the trend appears bearish. The daily Supertrend is at 1060.17 with a bearish direction, and the weekly Supertrend is at 1198.64, also indicating a bearish direction. Monthly indicators show a bullish Supertrend at 613.02.
As of 18 Sept 2026, 03:30 pm
Showing 3 of 14 candles
Recent drawdown or price variability is materially high and may lead to larger short-term outcomes.
Primary driver: Price remains materially below a previous peak
The session traded across a materially wider price range than usual.
Larger price swings can increase short-term uncertainty, especially if they continue.
Trading activity was substantially higher than usual and the price closed lower.
This may reflect stronger-than-usual market participation; follow-through and relevant company or market news merit review.
Trading volume was unusually high, but the closing price did not show a clear directional move.
This indicates increased participation without a clear directional signal.
Latest complete financial results for Q1 FY2027 and comparative quarterly trends.
| Metric | Q1 FY2026-27(Latest) | Q4 FY2025-26 | Q3 FY2025-26 | Q2 FY2025-26 | Q1 FY2025-26 |
|---|---|---|---|---|---|
| Profit Before Exceptional Items And Tax | ₹194.73 crore | ₹222.14 crore | PEAK₹377.49 crore | ₹245.86 crore | ₹170.16 crore |
| Exceptional Items Before Tax | PEAK₹79.42 crore | ₹31.61 crore | -₹55 crore | ₹0.0 | ₹0.0 |
| Profit Before Tax | ₹274.15 crore | ₹253.75 crore | PEAK₹322.49 crore | ₹245.86 crore | ₹170.16 crore |
| Current Tax | -₹58.93 crore | ₹55.21 crore | PEAK₹58.32 crore | ₹48.69 crore | ₹31.30 crore |
| Deferred Tax | -₹359.09 crore | -₹172.26 crore | PEAK₹51.53 crore | ₹38.45 crore | ₹25.04 crore |
| Tax Expense | -₹418.02 crore | -₹117.05 crore | PEAK₹109.85 crore | ₹87.14 crore | ₹56.34 crore |
The quarter included exceptional gains before tax of ₹79 crore. In the same quarter last year there were no exceptional items. The gain lifted pre‑exceptional profit of ₹195 crore to a profit before tax of ₹274 crore.
The debt‑equity ratio stood at 0.002, indicating negligible leverage. Finance costs for the quarter were ₹41.09 crore, consistent with the minimal debt burden.
Exchange disclosures and regulatory announcements for DCM Shriram.
DCM Shriram Limited confirmed the full redemption of Rs. 120 Crores in Commercial Paper (ISIN: INE499A14DG0) on its maturity date, 18th September 2026. The instrument was originally issued on 21st July 2026 and was settled by the company as per the payment obligation.
On September 1, 2026, DCM Shriram Limited commissioned its Main Aluminium Extrusion Plant at the Kota Unit at 10:30 a.m., following Board approval previously announced on October 30, 2024. While the main plant is operational, the Surface Finish Plants remain in the process of installation and commissioning as of the filing date.
ICRA Limited reaffirmed and assigned credit ratings for DCM Shriram Limited on 31st August 2026. Long-term fund-based term loan of Rs. 1019.82 crore and cash credit of Rs. 1349.00 crore were reaffirmed at [ICRA]AA+ (Stable), with the cash credit rating also assigned for an enhanced amount. Short-term fund-based WCDL of Rs. 100.00 crore and non-fund based limits of Rs. 1500.00 crore were reaffirmed at [ICRA]A1+, with the non-fund based limits also assigned for an enhanced amount. The Commercial Paper Programme of Rs. 120 crore was reaffirmed at [ICRA]A1+, while the company withdrew the rating for Rs. 580 crore out of the Rs. 700 crore assigned amount. The Fixed Deposits Programme of Rs. 40 crore was reaffirmed at [ICRA]AA+ (Stable).
DCM Shriram Limited announced on September 1, 2026, that the record date for the maturity of its Commercial Paper (ISIN: INE499A14DG0) is September 17, 2026. The instrument, issued on July 21, 2026, with a principal amount of Rs. 120 Crore, is scheduled to mature on September 18, 2026.
On August 27, 2026, DCM Shriram Limited published newspaper advertisements in Financial Express and Jansatta to notify shareholders regarding the transfer of unclaimed equity shares to the Investor Education and Protection Fund (IEPF). The notice specifically targets shareholders who have not encashed dividends since the Interim Dividend for the 2019-20 period. Deepak Gupta, the Company Secretary and Compliance Officer, signed the filing on behalf of the company.
On August 25, 2026, DCM Shriram Limited disclosed that CRISIL assigned an overall ESG Rating of 64 and an ESG core Rating of 70 for the Financial Year 2026. The ratings reflect improvements in key Environmental and Social parameters alongside a revision in scoring methodology. The filing notes that this assessment was conducted voluntarily by CRISIL without any engagement from the Company.
MEETING DATE : 18-AUG-2026
MEETING DATE : 18-AUG-2026
Recent market and company developments associated with DCM Shriram.
Sensex, Nifty, Share Prices LIVE: The stock of DCM Shriram has been consolidating since early June. That is, it has been oscillating between ₹980 and ₹1,065
Buy DCM Shriram stock at ₹1,076; consider adding at ₹1,050 for potential gains up to ₹1,200.
DCM Shriram shares rallied after the company reported a sharp increase in June-quarter profit, supported by revenue growth, chemical segment performance and exceptional gains. The company posted a consolidated net profit of ₹693 crore compared with ₹113 crore a year ago. EBITDA margins also improved slightly during the quarter
Q1 Results Today, 29th July 2026 Live Updates: Stay tuned for more from businessline
Sensex, Nifty, Share Prices Live: Early stock market gains were led by IT, consumer and telecom stocks, even as global investors waited for the U.S. Federal Reserve's interest rate decision later in the day.
Sensex Today | Stock Market LIVE Updates: The markets are on the rise, and are trading on a stromg footing. The Nifty up over 200 points, jumping to 24,200. The Nifty Bank index is up 300 points, rising to 57,000. Infosys, Larsen & Toubro and HUL are the top gainers.
Comprehensive Section Breakdown for DCM Shriram
Strategic Vision: Indian conglomerate with diversified business interests.
• Integrated business operations across agriculture, chemicals, and value-added products.
• Focus on R&D and science-backed solutions in agri-inputs and seeds.
• Manufacturing facilities for chemicals and vinyl products.
DCM Shriram’s reported profit for the June 2026 quarter was ₹693 crore, far above the pre‑tax profit of ₹274 crore, because of an unusually large negative tax expense of ₹418 crore. This tax credit – mostly from deferred tax – makes the headline net profit unrepresentative of the underlying business. The company’s core operating profit, before exceptional items and tax, rose 14% from the same quarter last year to ₹195 crore, while revenue grew about 10%. The balance sheet carries negligible debt.
Revenue from operations was ₹3,785 crore, up 9.5% from ₹3,455 crore in the same quarter last year and 12.2% higher than the March 2026 quarter.
Profit before exceptional items and tax – a measure that strips out non‑recurring items and tax effects – was ₹195 crore, compared with ₹170 crore a year earlier, a 14.4% increase. Sequentially, this core profit declined from ₹222 crore in the March 2026 quarter, reflecting normal quarterly variability.
This underlying profit measure gives a clearer view of the company’s operating earnings than the reported bottom line.
Tax expense was a negative ₹418 crore, meaning the company recorded a net tax credit. It comprised a current tax credit of ₹59 crore and a deferred tax credit of ₹359 crore. In the same quarter last year, tax expense was a positive ₹56 crore (current tax ₹31 crore, deferred tax ₹25 crore).
The large deferred tax credit is the primary reason reported profit after tax (₹693 crore) is far higher than profit before tax (₹274 crore). As a result, basic earnings per share jumped to ₹44.72 from ₹7.27 a year ago. This EPS figure is not a reliable indicator of the company’s earnings power because it is inflated by the tax credit.
DCM Shriram reported Q1 FY27 consolidated revenue growth of 9% YoY to ₹3,564 crore and PBDIT growth of 12% to ₹364 crore, though PAT of ₹693 crore included a ₹474 crore tax adjustment and ₹79 crore exceptional gains. Management noted a challenging global environment with geopolitical uncertainties, supply chain disruptions, and an erratic monsoon, but emphasized that India's industrial fundamentals remain robust. The Chemicals business saw 33% revenue growth driven by advanced materials and healthy caustic demand, with downstream integration projects (AlCl3, CaCl2) entering pre-commissioning trials. Sugar and Ethanol were stable with lower domestic inventories and a global sugar deficit, but management stressed the need for sustained government policy interventions on feedstock pricing and ethanol blending mandates to ensure long-term sector viability.
Strategically, management highlighted that the company's major capex cycles are transitioning into commissioning, with a focus on capacity ramp-up, deep value-chain integration, and disciplined capital allocation. The balance sheet remains strong, providing resilience against external volatility. Consumer-facing businesses (Fenesta Building Systems, Shriram Farm Solutions) strengthened market positions through volume-driven growth and effective supply chain management. Sustainability is embedded in the growth strategy, with emphasis on responsible resource utilization and energy efficiency across manufacturing. Key upcoming projects include a Fenesta aluminium extrusion plant, captive renewable energy installations, and expanded formulated resins capacity, all expected to commission over the next few quarters.
The reported profit of ₹693 crore is heavily influenced by a ₹418 crore tax credit (mostly deferred tax) and a ₹79 crore exceptional gain. The core operating profit, before these items, grew 14% year‑on‑year to ₹195 crore, a more modest but still positive performance. Revenue grew about 10% year‑on‑year. The balance sheet has negligible debt. The tax credit is a non‑cash item that may reverse in future periods; investors should focus on the underlying profit before exceptional items and tax as a better gauge of the business’s operating trend.
Category: Supply Chain
This segment includes Urea and SSP fertilizers, sugar production, ethanol and distillery operations, and various farm inputs such as seeds, crop protection products, specialty nutrition, hybrid seeds, and compressed bio gas (CBG).
Key Products & Services: DCM Shriram Sugar • Shriram Farm Solutions • Bioseed
Category: Manufacturing
This segment includes the production of Chlor-Alkali products, Advanced Materials, PVC Resins, PVC Compounds, Power, and Cement.
Category: Manufacturing
Fenesta, part of the Value Added business segment, is a manufacturer and supplier of uPVC and Aluminium windows and doors in India.
Key Products & Services: Fenesta
Core Thesis: The company's diversified business segments, including Agri-Rural, Chemicals & Vinyl, and Value Added, contribute to India's growth story through various product offerings and services.
• Integrated Sugar Production: DCM Shriram Sugar operates as an integrated sugar producer, expanding into bio-energy production, generating green power and ethanol, and contributing to a circular economy model. • R&D-based Agri-Inputs: Shriram Farm Solutions provides science-backed products and comprehensive Crop Advisory services to address agricultural challenges. • Climate-Resilient Seeds: Bioseed focuses on developing high-performing, climate-resilient hybrid seeds through world-class agricultural research and distribution to farmers. • Next-Generation Chemical Solutions: The Chemicals & Vinyl business provides Chlor-Alkali products, Advanced Materials, and PVC Resins for diverse industries.