Dcm Shriram Limited · NSE:DCMSHRIRAM
Dcm Shriram — Q1 FY2026 Earnings Presentation
26 slides from Dcm Shriram's earnings presentation, Jul 21, 2025
Slide 1: DCM Shriram Limited Results Presentation Q1 FY 2026
DCM Shriram Limited Results Presentation Q1 FY 2026 July 21, 2025
Slide 2: 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 3: Table of Contents
Table of Contents 01 DCM Shriram Q1 FY26 Result Segment wise Overview Performance • Overview 4 • Financial Snapshot 7 • Chemicals & Vinyl 12-16 • Our Businesses 5 • Revenue & PBDIT Drivers 8 • Sugar & Ethanol 17-19 • Management Message 6 • Segment Results 9 • Fenesta Building Systems 20 • Investment
Slide 4: Overview – DCM Shriram Limited
Overview – DCM Shriram Limited KEY NUMBERS FOR FY 2024-25 12 Locations Net Revenue ₹120.8 bn PBDIT ₹14.7 bn Agri Rural ( 6 1 %) 6 2 5 5 Total Employees (Sugar & Ethanol, Shriram Farm PAT ₹6.0 bn Solutions, Bioseed, Fertilizer) Chemicals & Vinyl (29%) Net Worth ₹69.6 bn 35% Total Energy is Green . 10
Slide 5: Our Businesses – Existing Facilities
Our Businesses – Existing Facilities Chemicals Value Agri & Vinyl Added Businesses Businesses Businesses Caustic Soda Fenesta Building Sugar (42,400 TCD) Systems (2,749 TPD) (12,284 TPA) Hydrogen Peroxide Co-Gen (165 TPD) (166 MW) Other Aluminum Chloride Distillery . Businesses (150 TPD) (310)*+(250
Slide 6: Management’s Message
Management’s Message Commenting on the performance for the quarter ending June 2025, in a joint statement, Mr. Ajay Shriram, Chairman & Senior Managing Director and Mr. Vikram Shriram, Vice Chairman & Managing Director, said: Global growth is hovering just above what many analysts consider a recessi
Slide 7: Financial Snapshot – Q1 FY26
Financial Snapshot – Q1 FY26 All figures in Rs/Cr Q1 FY26 Q1 FY25 Net Revenue* PBDIT PAT 1,459 13% 19% 13% Net Debt 3,262 326 114 (Rs/Cr) 274 100 2,876 1,481 14.3 ROCE (%) 13.2 Q1'25 Q1'26 Q1'25 Q1'26 Q1'25 Q1'26 * Net revenue includes operating income. Net of excise duty of Rs 193 crs (LY Rs 197 cr
Slide 8: Revenue & PBDIT Drivers – Q1 FY26
Revenue & PBDIT Drivers – Q1 FY26 All figures in Rs/Cr Q1 FY 2026 Q1 FY 2025 Chemicals Sugar & Ethanol* Fenesta SFS -14% 21% 43% 29% 905 350 956 248 824 205 271 631 - - 68% 22% 222 132 37 35 35 20 24 -7 Revenue PBDIT Revenue PBDIT Revenue PBDIT Revenue PBDIT • Caustic volumes up by 20% on • Domestic
Slide 9: Segment Results – Q1 FY26
Segment Results – Q1 FY26 All figures in Rs/Cr Revenues PBIT PBIT Margins % Segments YoY % YoY % Q1'26 Q1'25 Q1'26 Q1'25 Q1'26 Q1'25 Change Change Chemicals & Vinyl 1,114 842 32 185 140 31 17 17 Sugar & Ethanol* 824 956 (14) (37) 10 - - 1 Fenesta Building Systems 248 205 21 27 28 (2) 11 13 Shriram F
Slide 10: Investments Update
Investments Update TPA : Tonne Per Annum, TPD : Tonne Per Day, TCD – Tonne Crush per Day, MW - Megawatt Commissioning/ S.N. Particulars Investments completed Completion Date 1 850 TPD Caustic Capacity Expansion at Bharuch May 2024 FY 2025 & 26 2 120 MW Power Plant at Bharuch June 2024 3 52,500 TPA H
Slide 11: Segment Wise Performance
&S DCM SHRIRAM Growing with trust Segment Wise Performance
Slide 12: Chemicals & Vinyl Business
Chemicals & Vinyl Business Revenues PBDIT Cap. Employed Particulars (Rs/ Cr) (Rs/Cr) (Rs/Cr) Q1 FY26 1,113.8 244.6 4,626.3 Q1 FY25 841.9 179.6 4,315.9 % Shift 32.3 36.2 7.2 Capital employed includes CWIP of Rs 806 crs at 30th June, 2025 vs Rs 1,384 crs at 30th June, 2024. The products include Causti
Slide 13: Chemicals
Chemicals Operational Financial Caustic Sales ECU Realisations Revenues PBDIT Particulars PBDIT Margin (%) (MT) (Rs/MT) (Rs/Cr) (Rs/Cr) Q1 FY26 1,97,304 30,870 904.8 222.0 24.5 Q1 FY25 1,63,967 28,491 631.2 132.3 21.0 % Shift 20.3 8.4 43.4 67.8 17.1 Caustic- DCM Realizations and Import Prices DCM Re
Slide 14: Chemicals
Chemicals ▪ The global caustic soda market is softening due to reduced demand from key industries like aluminum, textiles, and pulp & paper and continued oversupply from China. Prices have dropped by almost $60/mt (FOB basis) from their peak. Industry Overview ▪ India’s caustic soda market continues
Slide 15: Vinyl
Vinyl Operational Financial PVC XWR Carbide XWR PVC Sales Carbide Sales Revenues PBDIT PBDIT Margin Particulars Realisations Realisations (MT) (MT) (Rs/Cr) (Rs/Cr) (%) (Rs/MT) (Rs/MT) Q1 FY26 17,507 68,032 7,764 58,581 209.0 22.6 11 Q1 FY25 15,606 81,652 6,525 60,645 210.8 47.3 22 % Shift 12.2 (16.7
Slide 16: Vinyl
Vinyl ▪ Global PVC demand remained sluggish in the quarter. Industry Overview ▪ Prices continue to be sub optimal on account of dumping of surplus PVC by china & fall in ocean freights. ▪ Indian PVC demand grew by ~2% in the quarter. Imports will keep putting pressure on domestic prices. ▪ Capacity
Slide 17: Sugar & Ethanol
Sugar & Ethanol Revenues * PBDIT PBDIT Margin Cap. Employed Particulars (Rs/Cr) (Rs/Cr) (%) (Rs/Cr) Q1 FY26 824.1 (6.7) - 3,555.3 Q1 FY25 955.6 37.4 3.9 3,604.7 % Shift (13.8) - - (1.4) * Net of excise duty on country liquor sales amounting to Rs 193 crs in Q1 FY26 vs Rs 197 crs in LY. DCM Sugar Rea
Slide 18: 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) Q1 FY26 0.0 12.2 4,067 410.8 61.8 Q1 FY25 4.3 15.9 3,900 413.4 60.8 % Shift (99.0) (23.3) 4.3 (0.6) 1.7 ▪ Global s
Slide 19: Sugar & Ethanol
Sugar & Ethanol ▪ Revenues for Q1 FY26 down 14% YoY o Domestic sugar volumes down 23% in Q1 FY26 due to lower offtake. o Domestic Sugar prices for Q1 FY26 up at Rs/ qtl 4,067 vs 3,900 LY, due to lower inventory levels. o Ethanol volumes in the current quarter were flat at 411 lac liters vs 413 lac l
Slide 20: Fenesta Building Systems
Fenesta Building Systems Operational Financial Order Book Revenues PBDIT PBDIT Margin Cap. Employed Particulars (Rs/Cr) (Rs/Cr) (Rs/Cr) (%) (Rs/Cr) Q1 FY26 281.0 248.4 35.1 14.1 128.3 Q1 FY25 250.3 205.0 35.1 17.1 25.4 % Shift 12.3 21.2 (0.1) (17.6) 406.2 ▪ Revenues for Q1 FY26 up 21%, mainly due to
Slide 21: Shriram Farm Solutions
Shriram Farm Solutions Revenues PBDIT PBDIT Margin Cap. Employed Particulars (Rs/Cr) (Rs/Cr) (%) (Rs/Cr) Q1 FY26 349.6 24.2 6.9 170.7 Q1 FY25 271.2 19.8 7.3 86.2 % Shift 28.9 22.2 (5.2) 98.0 The products includes Seeds, Pesticides, Soluble Fertilizer, Micro-nutrients etc. This business is seasonal i
Slide 22: Fertilizer (Urea)
Fertilizer (Urea) Operational Financial Sales Realisations Revenues PBDIT PBDIT Margin Cap. Employed Particulars (MT) (Rs/MT) (Rs/Cr) (Rs/Cr) (%) (Rs/Cr) Q1 FY26 1,03,898 33,827 390.2 37.8 9.7 261.2 Q1 FY25 88,494 33,401 328.2 22.9 7.0 117.6 % Shift 17.4 1.3 18.9 65.1 38.9 122.1 ▪ Revenues for Q1 FY
Slide 23: Bioseed
Bioseed Revenues (Rs/Cr) PBDIT PBDIT Margin Cap. Employed Particulars Bioseed India Subsidiaries Total (Rs/Cr) (%) (Rs/Cr) Q1 FY26 224.9 59.1 284.0 41.8 14.7 651.3 Q1 FY25 188.1 30.1 218.2 28.6 13.1 485.8 % Shift 19.6 96.3 30.2 46.2 12.3 34.1 Bioseed business is intensely research based and is diver
Slide 24: Others
Others Revenues PBDIT Particulars (Rs/Cr) (Rs/Cr) Q1 FY26 77.5 0.7 Q1 FY25 77.1 (0.2) % Shift 0.5 - Other Businesses includes : 1. Cement Business : The Company’s cement business is located at Kota (Rajasthan) with manufacturing capacity of 4 lakh MT. The cement business leverages the waste generate
Slide 25: Financials - Consolidated
Financials - Consolidated Amount in Rs/Cr Particulars Q1 FY 2026 Q1 FY 2025 FY 2025 FY 2024 Revenue from Operations 3455.2 3073.0 12741.3 11431.3 Total Income 3477.4 3098.9 12883.5 11529.8 PBDIT 325.7 273.7 1472.4 1089.2 Depreciation and Amortization 111.5 86.3 410.2 302.9 Finance Cost 44.0 29.1 152
Slide 26: 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 Chemicals & Vinyl industry. The Company also has an innovative value-added business, Fenesta Building Systems. Access to captive power at all key manufacturin