DCM Shriram FY26 PAT Jumps 42% to ₹856 Cr; Recommends 200% Final Dividend
DCM Shriram reported FY26 consolidated net revenue of ₹14,264 crore (up 12%) and PAT of ₹856 crore (up 42%), including a ₹239 crore deferred tax credit. The company's Board recommended a final dividend of 200%. Key businesses like Chemicals, Fenesta, and Shriram Farm Solutions showed strong growth.
The substantial increase in PAT, strong revenue growth across key businesses, and the recommended dividend are significant financial events that will likely impact investor sentiment and the company's stock.
The company reported significant growth in revenue and profit, along with a strong dividend recommendation, indicating a positive financial performance.
DCM Shriram Limited announced its audited financial results for the fiscal year ended March 31, 2026, reporting a resilient performance across its diverse business segments. The company's consolidated net revenue for FY 2025-26 stood at ₹14,264 crore, marking a 12% increase over the previous year. Consolidated Profit Before Depreciation, Interest, and Taxes (PBDIT) grew by 15% to ₹1,694 crore, while Profit After Tax (PAT) saw a significant surge of 42% to ₹856 crore. This substantial increase in PAT includes a one-time deferred tax credit of ₹239 crore due to the company opting for the new tax regime under section 115BAA of the Income Tax Act, effective from FY27.
For the fourth quarter of FY26 (Q4 FY26), consolidated net revenue was ₹3,373 crore, up from ₹3,019 crore in the corresponding quarter of the previous year. PAT for Q4 FY26 increased to ₹371 crore from ₹179 crore in Q4 FY25.
The company's performance was driven by strong volume growth in the Chemicals business, sustained growth in Fenesta Building Systems and Shriram Farm Solutions, improved operational efficiencies, and contributions from newly commissioned projects and strategic acquisitions. The Chemicals and Vinyl business experienced strong growth, with the Chemicals segment recording a 12% increase in caustic soda volumes and contributions from Hydrogen Peroxide and advanced materials. The company also commissioned its 52,000 TPA Epichlorohydrin (ECH) plant in April 2026. In the Vinyl business, revenue grew 4% supported by improved PVC volumes and operational efficiencies. A strategic partnership was formed in PVC compounds through the sale of a 50% stake in Shriram Polytech Ltd. to Teknor Apex B.V.
Fenesta Building Systems achieved a revenue of ₹1,112 crore, a 28% growth, driven by higher volumes across project and retail segments. The business expanded its footprint and saw its order book increase by 24% to ₹1,498 crore. Shriram Farm Solutions sustained its growth, with revenue increasing by 18% to ₹1,689 crore, anchored by volumes across all segments.
The Board of Directors has recommended a final dividend of 200%, amounting to ₹62.38 crore, subject to shareholder approval. The total dividend for the year is 560%, totaling ₹174.66 crore.
Key ongoing investments include a 68 MW captive renewable energy project at Kota, aluminium chloride and calcium chloride projects at Bharuch, and additional renewable power supply for its Bharuch plant. The company also acquired a 53% stake in DNV Global Private Limited to enhance its hardware manufacturing capabilities for Fenesta.
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DCM Shriram Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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