Slide 1: Exchange filing cover letter for results presentation
BSE Limited National Stock Exchange of India Ltd., Phiroze JeeJeeBhoy Towers, “Exchange Plaza”, Dalal Street, 5th Floor, Plot No. C-1, G Block, Mumbai - 400 001 Bandra-Kurla Complex, Bandra (E) Mumbai – 400 051 SCRIP CODE : 523367 SCRIP CODE : DCMSHRIRAM Kind Attn: Department of Corporate Communicat
Slide 2: DCM Shriram Limited Results Presentation Q3 FY 2025
DCM Shriram Limited Results Presentation Q3 FY 2025 Jan 18, 2025
Slide 3: Safe Harbour
Certain statements in this document may be forward-looking. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could Safe cause our actual results to diffe
Slide 4: Table of Contents
Table of Contents 01 DCM Shriram Q3 FY25 & 9M FY25 Segments wise Overview Result Performance • Overview 4 Q3 FY25 • Chloro-Vinyl 14-18 • Our Businesses 5 • Financial Snapshot 7 • Sugar & Ethanol 19-21 • Management Message 6 • Revenue & PBDIT Drivers 8 • Fenesta Building Systems 22 • Segment Results
Slide 5: Overview – DCM Shriram Limited
Overview – DCM Shriram Limited KEY NUMBERS FOR FY 2023-24 12 Locations Net Revenue ₹109.2 bn PBDIT ₹10.9 bn Agri Rural ( 6 4 %) 6 0 7 6 Total Employees (Sugar/Ethanol, Shriram Farm PAT ₹4.5 bn Solutions, Bioseed, Fertilizer) Chloro-Vinyl (27%) Net Worth ₹64.8 bn 43% Total Direct Energy is Green . Va
Slide 6: Our Businesses – Existing Facilities
Our Businesses – Existing Facilities Value Chloro-Vinyl Agri Added Businesses Businesses Businesses Fenesta Caustic Sugar Building Soda (2,749 (42,400 Systems TPD) TCD) (12,284 TPA) Hydrogen Peroxide Co-Gen (52,500 (166 MW) TPA) Aluminum Distillery . Chloride (310 KLD)* (150 TPD) + (250 KLD)** Other
Slide 7: Management’s Message
Management’s Message Commenting on the performance for the quarter & nine months ending December 2024, in a joint statement, Mr. Ajay Shriram, Chairman & Senior Managing Director and Mr. Vikram Shriram, Vice Chairman & Managing Director, said: The global economic growth for calendar year 2024 ended
Slide 8: Financial Snapshot – Q3 FY25
Financial Snapshot – Q3 FY25 All figures in Rs/Cr Q3 FY25 Q3 FY24 Net Revenue* PBDIT PAT 314 11% 12% 9% Net Debt 3,367 262 (Rs/Cr) 537 240 3,035 480 867 16.1 ROCE (%) 13.7 Q3'24 Q3'25 Q3'24 Q3'25 Q3'24 Q3'25 • Board announced an interim dividend of 180% amounting to Rs. 56.14 crs. (Total 280% amount
Slide 9: Revenue & PBDIT Drivers – Q3 FY25
Revenue & PBDIT Drivers – Q3 FY25 All figures in Rs/Cr Q3 FY 2025 Q3 FY 2024 Chemicals Sugar & Ethanol* Fenesta SFS - 4% 35% 19% 891 889 708 722 214 223 596 535 18% -40% - 90% 188 180 212 120 113 43 43 63 Revenue PBDIT Revenue PBDIT Revenue PBDIT Revenue PBDIT • Led by Caustic volumes, up 21% • Dome
Slide 10: Segment Results – Q3 FY25
Segment Results – Q3 FY25 All figures in Rs/Cr Revenues PBIT PBIT Margins % Segments YoY % YoY % Q3'25 Q3'24 Q3'25 Q3'24 Q3'25 Q3'24 Change Change Chloro-Vinyl 932 701 33 90 28 216 10 4 Sugar & Ethanol* 889 891 (0) 84 163 (48) 9 18 Fenesta Building Systems 223 214 4 35 36 (4) 16 17 Shriram Farm Solu
Slide 11: Financial Snapshot – 9M FY25
Financial Snapshot – 9M FY25 All figures in Rs/Cr 9M FY25 9M FY24 Net Revenue* PBDIT PAT 8% 31% 29% 9,201 1,046 425 8,523 800 329 9M'24 9M'25 9M'24 9M'25 9M'24 9M'25 * Net revenue includes operating income. Net of excise duty of Rs 521 crs (LY Rs 377 crs) on country liquor sales. 10
Slide 12: Revenue & PBDIT Drivers – 9M FY25
Revenue & PBDIT Drivers – 9M FY25 All figures in Rs/Cr 9M FY 2025 9M FY 2024 Chemicals Sugar & Ethanol* Fenesta SFS 1% 21% 6% 24% 2,819 2,840 650 1,351 614 1,960 1,112 1,581 -5% 30% 148% -44% 339 128 121 235 304 137 292 164 Revenue PBDIT Revenue PBDIT Revenue PBDIT Revenue PBDIT • Led by Caustic vol
Slide 13: Segment Results – 9M FY25
Segment Results – 9M FY25 All figures in Rs/Cr Revenues PBIT PBIT Margins % Segments YoY % YoY % 9M'25 9M'24 9M'25 9M'24 9M'25 9M'24 Change Change Chloro-Vinyl 2,551 2,133 20 281 56 400 11 3 Sugar & Ethanol* 2,840 2,819 1 81 215 (62) 3 8 Fenesta Building Systems 650 614 6 97 109 (11) 15 18 Shriram F
Slide 14: Segment Wise Performance
&S DCM SHRIRAM Growing with trust Segment Wise Performance
Slide 15: Chloro Vinyl Business
Chloro Vinyl Business Revenues PBIT Cap. Employed Particulars (Rs/ Cr) (Rs/Cr) (Rs/Cr) Q3 FY25 931.6 89.8 4,349.8 Q3 FY24 701.1 28.4 4,060.7 % Shift 32.9 216.1 7.1 9M FY25 2,550.9 281.2 4,349.8 9M FY24 2,132.7 56.3 4,060.7 % Shift 19.6 399.6 7.1 Capital employed includes CWIP of Rs 876 crs at 31st D
Slide 16: Chemicals
Chemicals Operational Financial Caustic Sales ECU Realisations Revenues PBIT Particulars PBIT Margin (%) (MT) (Rs/MT) (Rs/Cr) (Rs/Cr) Q3 FY25 1,80,824 29,362 721.8 66.2 9.2 Q3 FY24 1,49,492 26,263 535.1 36.0 6.7 % Shift 21.0 11.8 34.9 84.1 36.5 9M FY25 5,11,135 27,929 1,959.7 204.1 10.4 9M FY24 4,32
Slide 17: Chemicals
Chemicals ▪ International prices had seen a spurt on account of cyclones in US & fiscal stimulus in China at the start of quarter. However, towards the end of the quarter, prices started to retract owing to high operating rates and facilities coming online post maintenance. ▪ Domestically, capacity
Slide 18: Vinyl
Vinyl Operational Financial PVC XWR Carbide XWR PVC Sales Carbide Sales Revenues PBIT PBIT Margin Particulars Realisations Realisations (MT) (MT) (Rs/Cr) (Rs/Cr) (%) (Rs/MT) (Rs/MT) Q3 FY25 15,493 76,115 7,143 60,719 209.9 23.6 11 Q3 FY24 12,200 73,969 5,170 63,284 166.0 (7.6) - % Shift 27.0 2.9 38.
Slide 19: Vinyl
Vinyl ▪ Global demand of PVC continues to be muted led by slowdown in housing sector and structural issues with Chinese economy. Industry Overview ▪ China continues to dump surplus PVC in India leading to tempering of pricing sentiments. ▪ Indian PVC demand grew by ~11% in Q3 FY25 (9M FY25 up ~10%)
Slide 20: Sugar & Ethanol
Sugar & Ethanol Revenues * PBIT PBIT Margin Cap. Employed Particulars (Rs/Cr) (Rs/Cr) (%) (Rs/Cr) Q3 FY25 889.5 84.0 9.4 3,295.3 Q3 FY24 891.1 162.7 18.3 2,741.8 % Shift (0.2) (48.4) (48.3) 20.2 9M FY25 2,839.7 80.8 2.8 3,295.3 9M FY24 2,819.0 215.1 7.6 2,741.8 % Shift 0.7 (62.4) (62.7) 20.2 * Net o
Slide 21: Sugar & Ethanol
Sugar & Ethanol Operational Sugar Sales Sugar Production Sugar (Domestic) Distillery Sales Distillery XWR (Rs/ Particulars (Domestic) (Lac Qtls) XWR (Rs/Qtl) (Lac Ltrs) Ltrs) (Lac Qtls) Q3 FY25 22.8 13.8 3,836 369.9 63.2 Q3 FY24 20.9 14.7 3,954 348.6 56.2 % Shift 8.9 (5.8) (3.0) 6.1 12.5 9M FY25 27.
Slide 22: Sugar & Ethanol
Sugar & Ethanol ▪ Revenues for Q3 FY25 were flat at Rs 890 cr (9M FY25 up 1%) o Domestic Sugar prices for Q3 FY25 down at Rs/ qtl 3,836 vs 3,954 LY (9M FY25 up at Rs/ qtl 3,866 vs 3,786 LY) o Domestic sugar volumes down 6% in Q3 FY25 due to lower releases (9M FY25 were flat at 46.2 lac qtls). o Etha
Slide 23: Fenesta Building Systems
Fenesta Building Systems Operational Financial Order Book Revenues PBIT PBIT Margin Cap. Employed Particulars (Rs/Cr) (Rs/Cr) (Rs/Cr) (%) (Rs/Cr) Q3 FY25 288.8 223.4 34.7 15.5 44.8 Q3 FY24 217.5 213.9 36.2 16.9 69.1 % Shift 32.8 4.5 (4.0) (8.1) (35.2) 9M FY25 824.5 650.0 97.2 15.0 44.8 9M FY24 730.8
Slide 24: Shriram Farm Solutions
Shriram Farm Solutions Revenues PBIT PBIT Margin Cap. Employed Particulars (Rs/Cr) (Rs/Cr) (%) (Rs/Cr) Q3 FY25 708.0 210.1 29.7 63.3 Q3 FY24 596.1 178.8 30.0 37.2 % Shift 18.8 17.5 (1.0) 70.1 9M FY25 1,350.8 299.6 22.2 63.3 9M FY24 1,112.3 232.7 20.9 37.2 % Shift 21.4 28.7 6.0 70.1 The products incl
Slide 25: Fertilizer (Urea)
Fertilizer (Urea) Operational Financial Sales Realisations Revenues PBIT PBIT Margin Cap. Employed Particulars (MT) (Rs/MT) (Rs/Cr) (Rs/Cr) (%) (Rs/Cr) Q3 FY25 1,07,343 34,358 383.0 25.6 6.7 102.9 Q3 FY24 1,08,804 37,117 418.0 22.7 5.4 (46.3) % Shift (1.3) (7.4) (8.4) 13.1 23.4 - 9M FY25 2,99,558 35
Slide 26: Bioseed
Bioseed Revenues (Rs/Cr) PBIT PBIT Margin Cap. Employed Particulars Bioseed India Subsidiaries Total (Rs/Cr) (%) (Rs/Cr) Q3 FY25 114.8 53.2 167.9 15.3 9.1 547.0 Q3 FY24 95.5 42.2 137.7 8.0 5.8 468.8 % Shift 20.2 25.9 21.9 91.4 57.0 16.7 9M FY25 426.8 118.1 544.9 58.0 10.6 547.0 9M FY24 372.7 105.7 4
Slide 27: Others
Others Revenues PBIT Particulars (Rs/Cr) (Rs/Cr) Q3 FY25 79.4 (2.9) Q3 FY24 91.7 1.2 % Shift (13.4) - 9M FY25 219.7 (9.0) 9M FY24 253.3 (8.0) % Shift (13.2) - Other Businesses includes : 1. Cement Business : The Company’s cement business is located at Kota (Rajasthan) with manufacturing capacity of
Slide 28: Financials - Consolidated
Financials - Consolidated Amount in Rs/Cr Particulars Q3 FY 2025 Q3 FY 2024 9M FY 2025 9M FY 2024 FY 2024 Revenue from Operations 3,518.9 3,137.5 9722.0 8900.1 11431.3 Total Income 3,560.0 3,172.7 9842.9 8974.6 11529.8 PBDIT 537.1 480.4 1045.9 799.9 1089.2 Depreciation and Amortization 108.8 76.6 29
Slide 29: About Us & Investor Contacts
DCM Shriram Ltd. is a diversified and an integrated business entity with extensive and growing presence across the Agri-Rural value chain and Chloro- Vinyl industry. The Company also has an innovative value-added business, Fenesta Building Systems. Access to captive power at all key manufacturing un