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DCM Shriram Overview

DCM Shriram Ltd is engaged within the business of fertilizer, sugar and caustic soda. The Company's segments include Fertilisers, which manufactures urea; Chloro-Vinyl, which manufactures poly-vinyl chloride, carbide and chlor alkali merchandise; Shriram Farm solutions, which trades di-ammonium phosphate, muriate of potash, super phosphate, other fertilizers, seeds and insecticides; Sugar, which manufactures sugar merchandise and co-generation of power; Bioseed, which produces hybrid seeds, and Others, which includes unplasticized polyvinyl chl...Read More

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DCM Shriram Key Financials

Market Cap ₹19120 Cr.

Stock P/E 31.6

P/B 2.6

Current Price ₹1226.1

Book Value ₹ 476.9

Face Value 2

52W High ₹1501.7

Dividend Yield 0.73%

52W Low ₹ 946.2

DCM Shriram Share Price

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Volume
Price

DCM Shriram Quarterly Price

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DCM Shriram Peer Comparison

DCM Shriram Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 2825 3138 2531 3073 3130 3519 3019 3455 3432 4003
Other Income 22 35 24 26 54 41 21 22 99 29
Total Income 2847 3173 2555 3099 3184 3560 3041 3477 3531 4032
Total Expenditure 2711 2692 2266 2825 2949 3023 2614 3152 3123 3472
Operating Profit 136 480 289 274 235 537 427 326 408 560
Interest 15 15 32 29 38 43 43 44 43 49
Depreciation 74 77 80 86 101 109 114 112 119 134
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 -55
Profit Before Tax 47 389 177 158 96 386 270 170 246 322
Provision for Tax 15 148 59 58 33 123 91 56 87 110
Profit After Tax 32 240 118 100 63 262 179 114 159 213
Adjustments 0 0 0 0 0 0 0 -0 -1 -1
Profit After Adjustments 32 240 118 100 63 262 179 113 158 212
Adjusted Earnings Per Share 2.1 15.4 7.5 6.4 4 16.8 11.4 7.3 10.1 13.6

DCM Shriram Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 5639 5780 5788 6900 7771 7767 8308 9627 11547 10922 12077 13909
Other Income 53 44 49 63 99 120 102 101 176 102 149 171
Total Income 5692 5824 5837 6964 7870 7887 8410 9729 11723 11024 12227 14081
Total Expenditure 5242 5278 5019 5873 6414 6592 7166 7841 9996 9935 10754 12361
Operating Profit 450 546 818 1091 1456 1295 1244 1888 1726 1089 1472 1721
Interest 112 85 71 83 119 164 122 85 53 88 153 179
Depreciation 110 98 114 141 157 219 233 238 260 303 410 479
Exceptional Income / Expenses 0 0 0 0 0 -15 0 0 0 0 0 -55
Profit Before Tax 228 362 633 867 1180 897 889 1565 1413 699 909 1008
Provision for Tax 18 62 80 199 278 178 217 499 502 252 305 344
Profit After Tax 211 300 552 669 903 719 672 1066 911 447 604 665
Adjustments 0 1 -1 1 3 -3 1 1 0 0 0 -2
Profit After Adjustments 211 302 552 670 906 717 673 1067 911 447 604 662
Adjusted Earnings Per Share 13 18.6 34 41.2 58.1 46 43.2 68.4 58.4 28.7 38.7 42.4

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 11% 8% 9% 8%
Operating Profit CAGR 35% -8% 3% 13%
PAT CAGR 35% -17% -3% 11%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 15% 13% 12% 22%
ROE Average 9% 11% 14% 17%
ROCE Average 12% 14% 17% 19%

DCM Shriram Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 1859 2091 2528 3040 3526 4050 4648 5502 6194 6522 7004
Minority's Interest 1 2 2 2 1 6 0 0 0 0 0
Borrowings 301 258 472 527 937 975 1012 951 1154 1385 1391
Other Non-Current Liabilities 307 158 108 149 182 303 310 537 807 874 1093
Total Current Liabilities 1949 2792 2724 2135 2938 3361 2585 3622 4244 4645 5280
Total Liabilities 4417 5307 5842 5863 7594 8709 8574 10632 12415 13434 14774
Fixed Assets 1443 1428 2015 2204 2683 3492 3359 3408 4104 4221 6517
Other Non-Current Assets 267 551 222 284 533 175 266 784 1907 2852 1101
Total Current Assets 2539 3209 3483 3278 4283 4956 4879 6397 6380 6347 7136
Total Assets 4417 5307 5842 5863 7594 8709 8574 10632 12415 13434 14774

DCM Shriram Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 286 83 23 199 134 382 543 870 932 450 343
Cash Flow from Operating Activities 167 100 772 827 775 496 1887 1224 1296 794 1128
Cash Flow from Investing Activities 228 -326 -411 -321 -803 -518 -642 -888 -1543 -1070 -850
Cash Flow from Financing Activities -594 166 -185 -571 277 183 -918 -275 -235 169 -1
Net Cash Inflow / Outflow -200 -59 176 -65 248 161 327 62 -482 -107 277
Closing Cash & Cash Equivalent 86 23 199 134 382 543 870 932 450 343 620

DCM Shriram Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 12.98 18.58 33.97 41.23 58.06 45.96 43.17 68.44 58.41 28.67 38.75
CEPS(Rs) 19.77 24.53 41.01 49.83 67.96 60.18 58.06 83.62 75.09 48.09 65.05
DPS(Rs) 2.2 3.2 5.8 8.2 9.8 8.2 9.3 14.7 14 6.6 9
Book NAV/Share(Rs) 114.43 128.74 155.64 187.15 226.07 259.67 298.04 352.78 397.15 418.21 449.12
Core EBITDA Margin(%) 6.76 8.32 12.57 14.14 16.94 14.59 13.27 17.69 12.58 8.42 10.1
EBIT Margin(%) 5.78 7.42 11.51 13.07 16.21 13.17 11.74 16.34 11.89 6.71 8.11
Pre Tax Margin(%) 3.88 6.01 10.34 11.93 14.73 11.14 10.33 15.49 11.46 5.96 6.94
PAT Margin (%) 3.58 4.98 9.03 9.2 11.26 8.93 7.81 10.55 7.39 3.81 4.61
Cash Profit Margin (%) 5.46 6.61 10.89 11.13 13.22 11.65 10.52 12.91 9.5 6.4 7.74
ROA(%) 4.55 6.18 9.91 11.43 13.42 8.83 7.78 11.1 7.9 3.46 4.28
ROE(%) 11.89 15.21 23.92 24.02 27.5 18.99 15.46 21.01 15.58 7.03 8.94
ROCE(%) 12.41 15.51 20.84 25.7 29.09 18.72 16.44 25.18 19.76 9.57 11.79
Receivable days 65.52 71.36 68.36 47.91 44.24 47.98 33.76 25.67 26.28 23.58 21.8
Inventory Days 70.87 74.21 87.58 82.03 81.44 92.95 84.39 74.25 69.31 78.67 76.27
Payable days 129.19 120.5 137.22 113.85 111.87 99.09 65.69 68.39 63.4 64.47 64.58
PER(x) 8.25 7.48 8.68 10.28 7.16 4.68 11.59 16.52 12.81 30.01 27.75
Price/Book(x) 0.94 1.08 1.89 2.26 1.84 0.83 1.68 3.21 1.88 2.06 2.39
Dividend Yield(%) 2.06 2.3 1.97 1.93 2.36 3.81 1.86 1.3 1.87 0.77 0.84
EV/Net Sales(x) 0.43 0.57 0.98 1.09 0.99 0.64 0.95 1.82 1.07 1.36 1.51
EV/Core EBITDA(x) 5.34 6.02 6.91 6.86 5.27 3.82 6.37 9.29 7.14 13.61 12.35
Net Sales Growth(%) -8.78 2.51 0.14 19.21 12.62 -0.05 6.97 15.88 19.94 -5.41 10.57
EBIT Growth(%) -19.22 31.63 57.28 34.97 36.7 -18.33 -4.7 63.21 -11.17 -46.36 35.09
PAT Growth(%) -13.03 42.52 83.85 21.06 34.99 -20.3 -6.56 58.59 -14.57 -50.91 35.15
EPS Growth(%) -12.68 43.15 82.83 21.37 40.83 -20.85 -6.06 58.53 -14.66 -50.91 35.15
Debt/Equity(x) 0.41 0.51 0.42 0.25 0.46 0.53 0.31 0.27 0.26 0.32 0.34
Current Ratio(x) 1.3 1.15 1.28 1.53 1.46 1.47 1.89 1.77 1.5 1.37 1.35
Quick Ratio(x) 0.72 0.68 0.69 0.76 0.8 0.83 1.19 1.13 0.94 0.79 0.82
Interest Cover(x) 3.04 5.24 9.86 11.44 10.92 6.48 8.29 19.33 27.76 8.98 6.95
Total Debt/Mcap(x) 0.44 0.47 0.22 0.11 0.25 0.64 0.19 0.09 0.14 0.16 0.14

DCM Shriram Shareholding Pattern

# Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Promoter 66.52 66.52 66.52 66.52 66.52 66.52 66.52 66.52 66.52 66.52
FII 2.86 3.41 3.75 3.74 3.78 4 4.1 4.13 3.97 3.97
DII 8.53 8.39 8.09 8.09 7.69 7.66 7.78 8.07 8.27 8.31
Public 22.09 21.68 21.63 21.64 22.01 21.82 21.6 21.28 21.24 21.19
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

DCM Shriram News

DCM Shriram Pros & Cons

Pros

  • Company is almost debt free.

Cons

  • Company has a low return on equity of 11% over the last 3 years.
  • Debtor days have increased from 64.47 to 64.58days.
  • The company has delivered a poor profit growth of -3% over past five years.
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