MarketFriction

DCM Shriram Ltd

NSE DCMSHRIRAM · BSE 523367 · Diversified
₹906.85 -0.96%
NSE close2026-10-01
52 week range903.00 - 1,409.00
Market cap₹14,156 Cr.
P/E10.3
Price band 20% Delivery 54.7%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue from operations2,7083,0352,3992,8762,9573,3672,8773,2623,2723,8113,1933,564
Operating costs2,5942,5902,1342,6292,7762,8712,4722,9582,9633,2802,8403,228
EBITDA114445265248181496405304309532353337
EBITDA margin %4.2%15%11%9%6%15%14%9%9%14%11%9%
Depreciation & amortisation74778086101109114112119134138128
Finance costs151532293843434443494041
Non-operating income223524265441212299-2678107
Pre-tax profit4738917715896386270170246322254274
Effective tax rate %32%38%33%37%34%32%34%33%35%34%-46%-152%
Profit after tax3224011810063262179114159213371693
Earnings per share (Rs)2.0715.427.556.434.0316.8111.477.2710.1313.6023.7244.42
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue from operations5,7805,7886,9007,7717,7678,3089,62711,54710,92212,07713,53813,840
Operating costs5,2765,0175,8666,4026,5757,1567,8319,9419,93210,74712,04112,310
EBITDA5057711,0351,3691,1921,1521,7961,6069911,3301,4971,530
EBITDA margin %9%13%15%18%15%14%19%14%9%11%11%11%
Depreciation & amortisation98114141157219233238260303410502519
Finance costs857183119164122855388153176173
Non-operating income4147568888929212099142173258
Pre-tax profit3626338671,1808978891,5651,4136999099921,096
Effective tax rate %17%13%23%24%20%24%32%36%36%34%14%
Profit after tax3015526699047226741,0679114476048561,436
Earnings per share (Rs)18.5833.9741.2256.9945.9643.1768.4558.4128.6738.7554.7391.87
Paid out as dividend %17%17%20%17%18%22%22%24%23%23%21%
10 Years5 Years3 YearsTTM1 YearLast Year
Revenue CAGR9%10%5%11%
Profit CAGR11%5%-1%122%
Share price CAGR16%-2%-6%-21%
Average return on equity15%12%9%12%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Net block (property, plant)1,4431,4282,0222,2112,6903,4993,3603,4084,1054,2226,5177,518
Capital work in progress6235765117332591094941,6302,615834571
Investments63531303129303125456136
Current & other assets2,9063,1863,4573,2944,0844,5484,2915,4634,9734,6565,3245,889
Total assets4,4175,0075,5745,6527,1368,1357,7909,36910,72011,54712,73114,115
Share capital333333333131313131313131
Reserves & surplus1,8262,0582,4953,0073,4944,0184,6175,4706,1626,4916,9737,681
Total debt7601,0641,0747561,6102,1501,5211,5771,7072,1522,5292,923
Other liabilities & provisions1,7981,8521,9721,8572,0011,9351,6212,2902,8192,8743,1983,479
Equity + liabilities4,4175,0075,5745,6527,1368,1357,7909,36910,72011,54712,73114,115
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating cash flow1671007728277754961,8871,2241,2967941,1271,234
Investing cash flow228-326-411-321-803-518-642-888-1,543-1,070-850-1,241
Free cash flow (after capex)115-249331440-73-1021,642478-493-514280354
Financing cash flow-594166-185-571277183-918-275-235169-1-307
Net change in cash-200-59176-6524816132762-482-107277-314
Cash conversion (OCF / EBITDA) %56%36%119%102%76%55%178%84%101%100%92%88%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Return on capital employed %12%15%21%25%29%19%16%24%19%9%11%12%
Receivable days698163484951233427222829
Inventory days120141194163190208146190153168162162
Payable days11912313811011389577965656964
Cash cycle (days)71100120100126170111145115124121128
Working capital days433135574852444537342625
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoter group %66.53%66.53%66.53%66.53%66.53%66.53%66.53%66.53%66.53%66.53%66.53%66.53%
Foreign investors %2.86%3.41%3.76%3.74%3.77%3.99%4.10%4.14%3.97%3.98%3.97%3.89%
Domestic institutions %8.50%8.37%8.07%8.07%7.66%7.64%7.76%8.04%8.24%8.31%8.55%8.45%
Government %0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.00%0.00%0.00%
Retail & others %21.18%20.74%20.70%20.77%21.28%21.10%20.82%20.53%20.54%20.49%20.23%20.44%
Other %0.92%0.94%0.92%0.87%0.72%0.71%0.79%0.75%0.71%0.70%0.70%0.68%
Shareholder count55,81155,15757,17160,14858,12059,83761,68259,67260,86458,41455,22054,377

Fundamentals

Market value₹ 14,156 Cr.
Last price₹ 908
P/E (trailing)10.3
Book value / share₹ 495
Return on capital11.5 %
Return on equity11.5 %
Dividend yield1.23 %
Face value₹ 2.00
Revenue CAGR (TTM)11%
Profit CAGR (TTM)122%
Consolidated figures.
Valuation
Market capRs 14,142 Cr
Enterprise valueRs 16,210 Cr
P/E (TTM)9.87x
Price to book1.83x
Price to sales1.02x
EV / EBITDA9.07x
EV / EBIT12.77x
EV / sales1.17x
Price to cash flow11.46x
Earnings yield10.13%
Dividend yield1.24%
P/E, 3-year average27.00x
P/B, 3-year average2.31x
P/E, 5-year average22.36x
P/B, 5-year average2.46x
Profitability
Operating margin (excl. other income)11.06%
Operating margin (incl. other income)12.34%
EBITDA margin12.92%
Pre-tax margin7.92%
Net profit margin10.35%
Net margin, latest quarter19.44%
ROE11.60%
ROCE11.58%
ROA6.36%
ROE, 3-year average9.19%
ROCE, 3-year average10.91%
ROA, 3-year average5.12%
ROE, 5-year average12.83%
ROCE, 5-year average15.45%
ROA, 5-year average7.37%
ROIC (approx.)11.19%
Tax rate13.73%
Other income / net worth2.24%
Growth
Sales growth (latest year)12.10%
Profit growth (latest year)41.23%
Sales CAGR, 3 years5.45%
Sales CAGR, 5 years10.26%
Profit CAGR, 3 years-2.15%
Profit CAGR, 5 years4.86%
Sales growth QoQ11.61%
Profit growth QoQ87.27%
Sales growth YoY (latest quarter)9.27%
Profit growth YoY (latest quarter)511.00%
Per share
EPS (TTM)Rs 91.88
EPS (latest year)Rs 54.73
EPS (latest quarter)Rs 44.42
EPS, 3-year averageRs 39.62
EPS, 5-year averageRs 47.90
Book value per shareRs 494.54
Sales per shareRs 887.54
Cash flow per shareRs 79.12
Dividend per share (latest year)Rs 11.26
Dividend per share, 3-year averageRs 8.72
Dividend per share, 5-year averageRs 10.72
Dividends
Dividend payout20.57%
Dividend payout, 3-year average22.35%
Dividend payout, 5-year average22.55%
Efficiency
Asset turnover0.96x
Fixed asset turnover1.80x
Inventory turnover3.21x
Inventory days114 days
Debtor days29 days
Debtors turnover12.52x
Leverage
Total debtRs 2,923 Cr
Cash and bankRs 854 Cr
Net debtRs 2,069 Cr
Debt to equity0.38x
Net debt / EBITDA1.16x
Interest coverage7.35x
Current ratio (filing 2026-03-31)1.49x
Quick ratio (filing 2026-03-31)0.66x
Trade payables (filing 2026-03-31)Rs 1,218 Cr
Owners' fund to total sources54.64%
Debt to assets20.71%
Cash flow
Operating cash flow (latest year)Rs 1,234 Cr
Investing cash flow (latest year)Rs -1,241 Cr
Financing cash flow (latest year)Rs -307 Cr
Net change in cash (latest year)Rs -314 Cr
Sales to cash flow10.97x
Statement figures
Net sales (TTM)Rs 13,840 Cr
Net sales (latest year)Rs 13,538 Cr
Sales (latest quarter)Rs 3,564 Cr
Operating profit excl. other income (latest year)Rs 1,497 Cr
Operating profit (latest quarter)Rs 337 Cr
Other income (TTM)Rs 258 Cr
EBITDA (TTM)Rs 1,788 Cr
PBDT (TTM)Rs 1,615 Cr
Profit before tax (TTM)Rs 1,096 Cr
Tax (latest year)Rs 136 Cr
Net profit (TTM)Rs 1,433 Cr
Net profit (latest year)Rs 853 Cr
Net profit (latest quarter)Rs 693 Cr
Depreciation (TTM)Rs 519 Cr
Depreciation (latest quarter)Rs 128 Cr
Interest (TTM)Rs 173 Cr
Cost of goods sold (latest year)Rs 9,984 Cr
Total expenditure (latest year)Rs 12,041 Cr
Total income (latest year)Rs 13,711 Cr
Share capitalRs 31 Cr
ReservesRs 7,681 Cr
Shareholders' fundsRs 7,712 Cr
Total assetsRs 14,115 Cr
Net blockRs 7,518 Cr
Capital work in progressRs 571 Cr
InvestmentsRs 136 Cr
ReceivablesRs 1,081 Cr
InventoryRs 3,108 Cr
Other liabilitiesRs 3,479 Cr
Shares outstanding (crore)15.59
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 9.9 is at the 28th percentile of its own 9.4-year range (median 14.8, low 3.7, high 40.8).
P/B 1.83 is at the 22th percentile (median 2.43).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodDCMSHRIRAMNifty 50Difference
1 week-7.0%-2.8% -4.3 pts
1 month-12.0%-6.8% -5.2 pts
3 months-11.6%-7.6% -4.0 pts
6 months-18.8%+0.4% -19.2 pts
1 year-22.4%-9.9% -12.5 pts
2 years-17.2%-13.6% -3.7 pts
3 years-16.8%+14.2% -30.9 pts
5 years-11.4%+27.9% -39.3 pts
38 mutual fund schemes hold about ₹245 Cr. Over three months 35 bought more and 1 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
UTI Large & Mid Cap Fund0.98%64 +35%
UTI Aggressive Hybrid Fund0.77%52 +28%
ICICI Pru Small Cap Fund0.43%43 +5%
ICICI Pru Small Cap Fund0.43%41 +5%
UTI Retirement Fund0.43%20 +20%
Nippon India Nifty Smallcap 250 Index Fund0.18%6 +10%
SBI Nifty Smallcap 250 Index Fund0.18%3 +10%
Baroda BNP Paribas Small Cap Fund0.22%3 +10%
Motilal Oswal Nifty Smallcap 250 Index Fund0.18%2 +10%
HDFC BSE India Sector Leaders Index Fund0.94%2 +13%
ICICI Pru Nifty Smallcap 250 Index Fund0.18%1 +10%
HDFC NIFTY Smallcap 250 Index Fund0.18%1 +11%
Nippon India Nifty 500 Equal Weight Index Fund0.20%1 +14%
JioBlackRock Nifty Smallcap 250 Index Fund0.18%1 +10%
Motilal Oswal Nifty 500 Index Fund0.02%1 +13%
Edelweiss Nifty Smallcap 250 Index Fund0.18%1 +11%
Axis BSE India Sector Leaders Index Fund0.94%0 +13%
Groww Nifty Smallcap 250 Index Fund0.18%0 +10%
Bandhan BSE India Sector Leaders Index Fund0.94%0 +12%
HDFC Nifty500 Multicap 50:25:25 Index Fund0.05%0 +11%
Bandhan Nifty Smallcap 250 Index Fund0.18%0 +11%
Kotak Nifty Smallcap 250 Index Fund0.18%0 +10%
SBI Nifty 500 Index Fund0.02%0 +13%
HDFC BSE 500 Index Fund0.03%0 +9%
Groww Nifty Total Market Index Fund0.02%0 +13%

Red flags

F-score 7 of 8
lookRegulator order or action Regulator order or action 2026-07-01: DCM Shriram Limited has informed the Exchange about Action(s) taken or orders passed
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹3,564 Cr +9.3% vs Jun 2025. Net profit ₹693 Cr +507.9%.
Against our estimate for Jun 2026: sales -2.5%, profit +262.8% big beat. Our estimate for Sep 2026: sales Rs 3,603 Cr, profit Rs 310 Cr (how).

Activity

Compare
CompanyMcap (Cr)P/EROCE
3M India Ltd35,94081.550.0 %
Godrej Industries Ltd35,56129.68.17 %
Balmer Lawrie & Company Ltd2,7669.9114.6 %
TTK Healthcare Ltd1,46019.18.04 %
Empire Industries Ltd63111.218.0 %
Maheshwari Logistics Ltd21814.312.0 %
Panth Infinity Ltd621.2732.9 %
Krypton Industries Ltd4716.811.4 %
Galactico Corporate Services Ltd3616.66.24 %
Swasti Vinayaka Art & Heritage Corporation Ltd295.9620.4 %
Billwin Industries Ltd1735.75.37 %
HCKK Ventures Ltd12-27.3 %
Alexander Stamps & Coin Ltd8-0.06 %
No bulk or block deals on record.
Ex-dateActionFactor
2026-07-31Dividend - Rs 4 Per Share
2026-01-23Interim Dividend - Rs 3.60 Per Share
2025-11-03Interim Dividend - Rs 3.60 Per Share
2025-08-05Dividend - Rs 3.40 Per Share
2025-01-24Interim Dividend - Rs 3.60 Per Share
2024-11-11Interim Dividend - Rs 2 Per Share
2024-07-09Dividend - Rs 2.60 Per Share
2024-03-06Interim Dividend - Rs 4 Per Share
2023-07-18Dividend - Rs 3.60 Per Share
2023-02-01Interim Dividend - Rs 5.80 Per Share
2022-10-31Interim Dividend - Rs 4.60 Per Share
2022-07-07Dividend - Rs 4.90 Per Share
2022-01-24Interim Dividend - Rs 5.20 Per Share
2021-10-26 Interim Dividend - Rs 4.60 Per Share
2021-07-08 Dividend - Rs 3.80 Per Share
2021-01-27 Interim Dividend - Rs 5.50 Per Share
2020-02-06 Interim Dividend - Rs 4.20 Per Share
2019-11-07 Interim Dividend-Rs 4 Per Sh
2019-07-12 Annual General Meeting/Dividend - Rs 1.60 Per Share
2019-02-07 Interim Dividend - Rs 4.20 Per Share
2018-11-06 Interim Dividend - Rs 4 Per Share
2018-07-20 Annual General Meeting / Dividend- Re 0.80 Per Share
2018-03-07 Interim Dividend - Rs 3.40 Per Share
2017-11-16 Interim Dividend - Rs 4/- Per Share
2017-07-21 Annual General Meeting/Dividend - Re 0.80 Per Share
2017-02-22 Interim Dividend Rs 2.80 Per Share
2016-11-08 Interim Dividend Rs 2.20 Per Share
2016-07-29 Annual General Meeting/ Dividend -Re 0.80/- Per Share
2016-02-16 Interim Dividend - Rs 1.20/- Per Share
2015-11-13 Interim Dividend-Rs 1.20/- Per Share
2015-07-22Dividend - Re 0.40/- Per Share
2014-08-26Interim Div -Rs 1.80 Per Share
2014-07-16Annual General Meeting/Final Dividend - Rs.1.20/- Per Share
2014-02-13Interim Dividend - Re 0.80/- Per Share
2013-07-17Annual General Meeting / Dividend - Re 0.80/- Per Share
2013-02-12Interim Dividend Re 0.80 Per Share
2012-07-27Annual General Meeting / Dividend Rs 0.40 Per Share
2011-08-11Annual General Meeting & Dividend - Re. 0.40 Per Share
2010-07-30Annual General Meeting And Final Dividend Re.0.40 Per Share
2009-11-05Int Div-Re.0.40 Per Share
2009-07-24Agm/Div-Re.0.80 Per Share
2008-08-01Agm/Dividend - 20%
2007-09-14Interim Dividend-150%
2007-08-08Agm/Dividend-20%
2006-11-02Interim Dividend-20% Purpose Revised
2006-07-05Agm/Dividend-25% Purpose Revised
DateTypeWhat it says
2026-09-30Commencement of commercial pCommencement of commercial production/operations
2026-09-01Commencement of commercial pCommencement of commercial production/operations
2026-09-01Credit RatingCredit Rating
2026-08-25Credit Rating- NewCredit Rating- New
2026-08-19AppointmentAppointment of Rumjhum Chatterjee as Non- Executive Independent Director of the company w.e.f. August 09, 2026.
2026-08-19AppointmentAppointment of Mr Sanjay Kishan Kaul as Non- Executive Independent Director of the company w.e.f. August 09, 2026.
2026-08-19Shareholder meetingVoting results.
2026-08-18Shareholder meetingProceedings of Annual General Meeting held on August 18, 2026
2026-08-08CessationCessation of Mr Pravesh Sharma & Vikramajit Sen as Non- Executive Independent Director of the company w.e.f. August 09, 2026 on completion of their te...
2026-08-05Concall / analyst meetTranscript
2026-07-30Concall / analyst meetLink of Recording
2026-07-28Press ReleaseA press release dated July 28, 2026, titled "Press Release regarding Unaudited Financial Results (both Standalone and Consolidated) for the quarter en...
2026-07-28Investor PresentationInvestor Presentation
2026-07-28Concall / analyst meetPresentation
2026-07-28Board meeting outcomeDCM Shriram Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-24ResignationResignation of Mr. Sandeep Girotra as Other of the company w.e.f. July 24, 2026.
2026-07-24ResignationResignation of Director/KMP/SMP
2026-07-23Concall / analyst meetSchedule of meet
2026-07-21Shareholder meetingNotice of Annual General Meeting to be held on August 18, 2026
2026-07-17Press ReleaseA press release dated July 17, 2026, titled "DCM Shriram Ltd. signs definitive agreement with Serentica Renewables to source 58 MW of Renewable Energy...
2026-07-17AcquisitionAcquisition
2026-07-06News clarificationThe Exchange has sought clarification from DCM Shriram Limited with respect to recent news item captioned Maersk places order for 1,000 shipping conta...
2026-07-06News clarificationThe Exchange has sought clarification from DCM Shriram Limited with respect to recent news item captioned Maersk places order for 1,000 shipping conta...
2026-07-04LitigationPendency of Litigation(s)/dispute(s) or the outcome impacting the Company
2026-07-03AppointmentAppointment of Justice (Retd.) Sanjay Kishan Kaul (DIN:10670291) and Ms. Rumjhum Chatterjee (DIN:00283824) as Non- Executive Independent Director of ...
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2019-10-17NCLATDCM Shriram Ltd. VS Amresh Shukla & Ors.
2019-09-20NCLATDCM Shriram Ltd. VS Amresh Shukla & Ors.
2018-11-27CESTATDCM SHRIRAM LIMITED ---VS.--- UDAIPUR
2018-04-09CESTATDCM SHRIRAM LTD ---VS.--- UDAIPUR
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of DCM Shriram Ltd?

DCM Shriram Ltd (DCMSHRIRAM) has a market capitalisation of Rs 14,156 Cr. at the 2026-10-01 close.

What is the P/E ratio of DCM Shriram Ltd?

DCM Shriram Ltd trades at a P/E of 10.3 on trailing twelve-month profit, at the 2026-10-01 close.

What were DCM Shriram Ltd's latest quarterly results?

In the Jun 2026 quarter, DCM Shriram Ltd sales was Rs 3,564 Cr (+9.3% vs Jun 2025) and net profit was Rs 693 Cr.

What is the 52-week high and low of DCM Shriram Ltd?

The 52-week high is Rs 1,409.00 and the 52-week low is Rs 903.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03