Dcm Shriram Limited · NSE:DCMSHRIRAM
Dcm Shriram — Q4 FY2026 Earnings Presentation
29 slides from Dcm Shriram's earnings presentation, May 13, 2026
Slide 1: DCM Shriram Limited Results Presentation Q4 FY 2026
DCM Shriram Limited Results Presentation Q4 FY 2026 May 13, 2026
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 Q4 & FY 2026 Segment wise Overview Results Performance Q4 FY 2026 • Overview 4 • Financial Snapshot 7 • Chemicals & Vinyl 15-19 • Our Businesses 5 • Revenue & PBDIT Drivers 8 • Sugar & Ethanol 20-22 • Management Message 6 • Segment Results 9 • Fenesta Building System
Slide 4: Overview – DCM Shriram Limited
Overview – DCM Shriram Limited KEY NUMBERS FOR FY 2025-26 12 Locations Net Revenue ₹135.4 bn PBDIT ₹16.9 bn 6 6 0 9 Total Employees Agri Rural ( 5 6 %) (Sugar & Ethanol, Shriram Farm PAT ₹8.6 bn Solutions, Bioseed, Fertilizer) Chemicals & Vinyl (34%) Net Worth ₹76.6 bn 27% Total Energy is Green . >1
Slide 5: Our Businesses – Existing Facilities
Our Businesses – Existing Facilities Chemicals Building Agri & Vinyl Material Businesses Products Businesses Fenesta Building Caustic Soda Sugar Systems (2,749 TPD) (42,400 TCD) (12,284 TPA) Hydrogen Peroxide Co-Gen (165 TPD) (166 MW) Other Epichlorohydrin Distillery . Businesses (52,000TPA) (310)*+
Slide 6: Management’s Message
Management’s Message Commenting on the performance for the quarter & financial year ended March 2026, in a joint statement, Mr. Ajay Shriram, Chairman & Senior Managing Director and Mr. Vikram Shriram, Vice Chairman & Managing Director, said: Financial Year 2025–26 saw global organizations and gover
Slide 7: Financial Snapshot – Q4 FY26
Financial Snapshot – Q4 FY26 All figures in Rs/Cr Q4 FY26 Q4 FY25 Net Revenue* PBDIT PAT** 1,395 11% -6% 107% Net Debt 3,193 (Rs/Cr) 426 2,877 400 371 1,767 14.0 179 ROCE (%) 12.7 Q4'25 Q4'26 Q4'25 Q4'26 Q4'25 Q4'26 • Final Dividend recommended by the Board in this board meeting at 200% amounting to
Slide 8: Revenue & PBDIT Drivers – Q4 FY26
Revenue & PBDIT Drivers – Q4 FY26 All figures in Rs/Cr Q4 FY 2026 Q4 FY 2025 Chemicals Sugar & Ethanol* Fenesta SFS -3% 34% 32% 32% 1,075 1,022 991 294 113 817 86 218 - - -18% 6% 251 207 163 163 35 37 -20 -22 Revenue PBDIT Revenue PBDIT Revenue PBDIT Revenue PBDIT • Caustic volumes were up 2%, while
Slide 9: Segment Results – Q4 FY26
Segment Results – Q4 FY26 All figures in Rs/Cr Revenues PBIT PBIT Margins % Segments YoY % YoY % Q4'26 Q4'25 Q4'26 Q4'25 Q4'26 Q4'25 Change Change Chemicals & Vinyl 1,307 1,011 29 124 124 (0) 9 12 - Chemicals 1,075 817 32 89 105 (15) 8 13 - Vinyl 232 194 19 35 19 81 15 10 Sugar & Ethanol* 991 1,022
Slide 10: Financial Snapshot – FY 2026
Financial Snapshot – FY 2026 All figures in Rs/Cr FY 2026 FY 2025 Net Revenue* PBDIT PAT** 12% 15% 42% 13,538 1,694 12,077 856 1,472 604 FY'25 FY'26 FY'25 FY'26 FY'25 FY'26 * Net revenue includes operating income. Net of excise duty of Rs 726 crs (LY Rs 664 crs) on country liquor sales. ** FY 2026 i
Slide 11: Revenue & PBDIT Drivers – FY 2026
Revenue & PBDIT Drivers – FY 2026 All figures in Rs/Cr FY 2026 FY 2025 Chemicals Sugar & Ethanol* Fenesta SFS -2% 18% 38% 28% 1,112 1,689 3,832 3,862 3,770 868 1,436 2,777 -3% 5% 50% 6% 750 154 150 283 296 500 414 438 Revenue PBDIT Revenue PBDIT Revenue PBDIT Revenue PBDIT • Caustic volumes up 12% o
Slide 12: Segment Results – FY 2026
Segment Results – FY 2026 All figures in Rs/Cr Revenues PBIT PBIT Margins % Segments YoY % YoY % FY'26 FY'25 FY'26 FY'25 FY'26 FY'25 Change Change Chemicals & Vinyl 4,651 3,562 31 560 403 39 12 11 - Chemicals 3,832 2,777 38 487 307 59 13 11 - Vinyl 819 785 4 73 96 (24) 9 12 Sugar & Ethanol* 3,770 3,
Slide 13: Investments Update
Investments Update TPA : Tonne Per Annum, TPD : Tonne Per Day, TCD – Tonne Crush per Day, MW - Megawatt S.N. Particulars Completion Date Key Investments completed 1 850 TPD Caustic Capacity Expansion at Bharuch May 2024 2 120 MW Power Plant at Bharuch June 2024 FY 2025 to date 3 52,500 TPA Hydrogen
Slide 14: Segment Wise Performance
&S DCM SHRIRAM Growing with trust Segment Wise Performance
Slide 15: Chemicals & Vinyl Business
Chemicals & Vinyl Business Revenues PBDIT Cap. Employed Particulars (Rs/ Cr) (Rs/Cr) (Rs/Cr) Q4 FY26 1,307.0 202.3 5,455.3 Q4 FY25 1,011.3 186.4 4,421.1 % Shift 29.2 8.5 23.4 FY26 4,651.0 842.6 5,455.3 FY25 3,562.3 614.4 4,421.1 % Shift 30.6 37.2 23.4 Capital employed includes CWIP of Rs 436 crs at
Slide 16: Chemicals
Chemicals Operational Financial Caustic Sales ECU Realisations Revenues PBDIT Particulars PBDIT Margin (%) (MT) (Rs/MT) (Rs/Cr) (Rs/Cr) Q4 FY26 1,95,471 28,618 1,075.4 163.2 15.2 Q4 FY25 1,90,746 29,929 817.1 163.2 20.0 % Shift 2.5 (4.4) 31.6 0.0 (24.0) FY26 7,85,914 28,924 3,832.1 749.6 19.6 FY25 7
Slide 17: Chemicals
Chemicals ▪ The global industry continues to witness volatility in caustic prices due to economic factors, geopolitical uncertainty, and supply chain disruptions. ▪ India’s caustic soda market with an installed capacity of ~6.5 MMT operated at reasonable levels of ~85%. Domestic consumption is Indus
Slide 18: 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) Q4 FY26 16,372 76,504 8,750 60,068 231.6 39.1 16.9 Q4 FY25 13,325 72,336 8,364 61,557 194.2 23.2 12.0 % Shift 22.9 5
Slide 19: Vinyl
Vinyl ▪ Global as well as Indian PVC demand continued to be flat during the quarter ▪ Prices remained volatile, initially declining owing to dumping by China; increasing, in response to middle east conflict & Industry Overview depreciating rupee; & once again receding due to waiver of import duty by
Slide 20: Sugar & Ethanol
Sugar & Ethanol Revenues * PBDIT PBDIT Margin Cap. Employed Particulars (Rs/Cr) (Rs/Cr) (%) (Rs/Cr) Q4 FY26 991.4 206.6 20.8 3,711.6 Q4 FY25 1,022.1 251.4 24.6 3,950.1 % Shift (3.0) (17.8) (15.3) (6.0) FY26 3,770.4 437.5 11.6 3,711.6 FY25 3,861.8 414.1 10.7 3,950.1 % Shift (2.4) 5.7 8.2 (6.0) * Net
Slide 21: Sugar & Ethanol
Sugar & Ethanol Operational Sugar Sales Sugar Production Sugar (Domestic) Distillery Sales Distillery XWR Particulars (Domestic) (Lac Qtls) XWR (Rs/Qtl) (Lac Ltrs) (Rs/ Ltrs) (Lac Qtls) Q4 FY26 28.8 16.1 4,079 314.4 54.6 Q4 FY25 31.5 16.0 4,046 315.5 64.0 % Shift (8.4) 0.9 0.8 (0.3) (14.7) FY26 50.9
Slide 22: Sugar & Ethanol
Sugar & Ethanol ▪ Revenues for Q4 FY26 down 3% YoY(FY26 also down 2%) o Domestic sugar volumes up 1% vs LY (FY26 down 6% mainly due to lower production) o Domestic Sugar prices up 1% at Rs/ qtl 4,079 vs 4,046 LY (FY26 up 4% YoY) o Ethanol volumes in the current quarter were flat (FY26 down 2%) o Eth
Slide 23: 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) Q4 FY26 444.9 293.6 37.0 12.6 223.3 Q4 FY25 387.7 218.4 35.0 16.0 36.5 % Shift 14.8 34.4 5.6 (21.4) 511.8 FY26 1498.5 1,112.2 149.9 13.5 223.3 FY25 1212
Slide 24: Shriram Farm Solutions
Shriram Farm Solutions Revenues PBDIT PBDIT Margin Cap. Employed Particulars (Rs/Cr) (Rs/Cr) (%) (Rs/Cr) Q4 FY26 112.6 (21.7) - 33.9 Q4 FY25 85.6 (20.0) - 64.0 % Shift 31.5 - - (47.1) FY26 1,689.1 295.9 17.5 33.9 FY25 1,436.4 282.7 19.7 64.0 % Shift 17.6 4.7 (11.0) (47.1) The products includes Seeds
Slide 25: Fertilizer (Urea)
Fertilizer (Urea) Operational Financial Sales Realisations Revenues PBDIT PBDIT Margin Cap. Employed Particulars (MT) (Rs/MT) (Rs/Cr) (Rs/Cr) (%) (Rs/Cr) Q4 FY26 86,121 32,403 323.0 27.6 8.5 162.1 Q4 FY25 1,04,408 33,453 362.9 9.5 2.6 116.3 % Shift (17.5) (3.1) (11.0) 190.7 226.7 39.4 FY26 4,02,433
Slide 26: Bioseed
Bioseed Revenues (Rs/Cr) PBDIT PBDIT Margin Cap. Employed Particulars Bioseed India Subsidiaries Total (Rs/Cr) (%) (Rs/Cr) Q4 FY26 81.3 20.3 101.6 (8.0) - 696.1 Q4 FY25 80.2 22.7 103.0 1.8 1.7 528.0 % Shift 1.3 (10.8) (1.4) - - 31.8 FY26 517.6 148.2 665.8 57.5 8.6 696.1 FY25 507.0 140.8 647.9 66.1 1
Slide 27: Others
Others Revenues PBDIT Particulars (Rs/Cr) (Rs/Cr) Q4 FY26 82.2 3.8 Q4 FY25 86.8 5.8 % Shift (5.3) (34.4) FY26 286.4 (8.5) FY25 306.5 0.7 % Shift (6.6) - Other Businesses includes : 1. Cement Business : The Company’s cement business is located at Kota (Rajasthan) with manufacturing capacity of 4 lakh
Slide 28: Financials - Consolidated
Financials - Consolidated Amount in Rs/Cr Particulars Q4 FY 2026 Q4 FY 2025 FY 2026 FY 2025 Revenue from Operations 3373.0 3019.3 14,263.9 12741.3 Total Income 3419.6 3040.6 14,460.2 12883.5 PBDIT 399.6 426.5 1693.7 1472.4 Depreciation and Amortization 137.8 114.2 502.4 410.2 Finance Cost## 39.7 42.
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 value chain, Chemicals & Vinyl industry and Building Material Products. Access to captive power at all key manufacturing units enables the businesses to optimize competitive edge.