MarketFriction

DCM Shriram Industries Ltd

NSE DCMSRIND · BSE 523369 · Sugar
₹37.69 -4.75%
NSE close2026-10-01
52 week range31.90 - 181.90
Market cap₹342 Cr.
P/E10.5
Price band 20% Delivery 57.8%

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

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales580.46468.30511.69553.93533.08261.13245.80293.42335.51257.65273.54293.63
Expenses534.80416.33442.50492.13487.12246.80205.41264.44322.35232.56240.54286.45
Operating Profit45.6651.9769.1961.8045.9614.3340.3928.9813.1625.0933.007.18
OPM %7.87%11.10%13.52%11.16%8.62%5.49%16.43%9.88%3.92%9.74%12.06%2.45%
Other Income4.397.414.596.288.055.610.680.400.710.852.356.17
Interest9.166.009.1810.919.544.655.948.656.463.056.147.57
Depreciation9.619.839.929.809.984.234.394.444.494.554.464.49
Profit before tax31.2843.5554.6847.3734.4911.0630.7416.292.9218.3424.751.29
Tax %35.55%34.14%29.85%34.62%34.94%30.92%35.85%34.38%-18.84%37.08%35.72%-20.16%
Net Profit20.1628.6838.3630.9722.447.6419.7210.693.4711.5415.911.55
EPS in Rs2.323.304.413.562.580.882.271.230.401.331.830.18
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,2161,4941,7041,6891,7951,9432,1232,3512,0831,0801,1601,160
Expenses1,1321,3001,6031,5721,6481,7901,9812,2081,8581,0011,0601,082
Operating Profit841941011171471531421432257910078
OPM %7%13%6%7%8%8%7%6%11%7%9%7%
Other Income8141518211623172212410
Interest353828244540403336282423
Depreciation191919212829333639171818
Profit before tax391516990961009290172466247
Tax %14%20%16%19%0%34%29%33%33%34%33%
Net Profit33120587496666660115304232
EPS in Rs3.8213.836.628.4611.037.577.566.9313.213.474.783.74
Dividend Payout %16%14%12%14%9%20%20%14%15%58%8%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth0%-10%-21%-13%
Compounded Profit Growth2%-9%-11%-46%
Stock Price CAGR12%5%-6%-23%
Return on Equity14%10%11%12%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital171717171717171717171717
Reserves211238348391455524582637682780317347
Borrowings419408409419466613508560507529443425
Other Liabilities345397348266379434554539721852630629
Total Liabilities9931,0611,1221,0941,3171,5891,6621,7541,9272,1781,4071,419
Fixed Assets319321330331390457496564608603311325
CWIP98318233424332701
Investments191586231854356170515
Other Assets6467177807398811,0801,0881,1221,2561,4981,0901,077
Total Assets9931,0611,1221,0941,3171,5891,6621,7541,9272,1781,4071,419
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-46687463843822562169778696
Cash from Investing Activity-25-18-20-35-101-62-99-74-74-44-31-38
Cash from Financing Activity71-48-54-271762-1501-98-19-40-58
Net Cash Flow11-02-138-24-12-41414-1
Free Cash Flow-83454726-4-34169-43121444864
CFO/OP-56%90%56%84%85%38%160%53%130%50%94%104%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days27343635413837443848912
Inventory Days180244228152216211185168147220268242
Days Payable1041311056110787967163946560
Cash Conversion Cycle103146160127151161126141121174212194
Working Capital Days-4015192638263122331219
ROCE %9%11%27%12%13%14%12%11%10%16%7%11%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters50.11%50.11%50.11%50.11%50.11%50.11%50.11%50.11%50.11%50.11%50.11%50.11%
FIIs0.99%1.40%2.00%2.23%2.15%2.00%1.84%1.78%1.66%1.49%1.17%1.12%
DIIs7.83%7.83%7.86%7.71%7.51%11.96%12.39%13.32%12.78%12.72%12.72%12.70%
Government0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.10%0.10%0.10%
Public41.07%40.67%40.03%39.93%40.22%35.92%35.66%34.78%35.46%35.57%35.91%35.97%
No. of Shareholders61,43061,70659,74659,73961,97660,58259,69858,98159,58556,96957,49757,681

Fundamentals

Market Cap₹ 342 Cr.
Current Price₹ 39.3
Stock P/E10.5
Book Value₹ 41.9
ROCE11.0 %
ROE11.9 %
Dividend Yield1.02 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)-13%
Compounded Profit Growth (TTM)-46%
Standalone figures.
Valuation
Market capRs 328 Cr
Enterprise valueRs 719 Cr
P/E (TTM)10.10x
Price to book0.90x
Price to sales0.28x
EV / EBITDA8.12x
EV / EBIT10.19x
EV / sales0.62x
Price to cash flow3.42x
Earnings yield9.90%
Dividend yield1.06%
P/E, 3-year average8.71x
P/B, 3-year average0.92x
P/E, 5-year average6.56x
P/B, 5-year average0.68x
Profitability
Operating margin (excl. other income)8.64%
Operating margin (incl. other income)9.01%
EBITDA margin7.63%
Pre-tax margin4.08%
Net profit margin2.80%
Net margin, latest quarter0.53%
ROE11.90%
ROCE11.05%
ROA2.94%
ROE, 3-year average10.86%
ROCE, 3-year average11.48%
ROA, 3-year average3.41%
ROE, 5-year average10.40%
ROCE, 5-year average11.21%
ROA, 5-year average3.47%
ROIC (approx.)6.23%
Tax rate33.21%
Other income / net worth1.17%
Growth
Sales growth (latest year)7.45%
Profit growth (latest year)37.83%
Sales CAGR, 3 years-20.98%
Sales CAGR, 5 years-9.80%
Profit CAGR, 3 years-11.61%
Profit CAGR, 5 years-8.78%
Sales growth QoQ7.34%
Profit growth QoQ-90.26%
Sales growth YoY (latest quarter)0.07%
Profit growth YoY (latest quarter)-85.50%
Per share
EPS (TTM)Rs 3.73
EPS (latest year)Rs 4.78
EPS (latest quarter)Rs 0.18
EPS, 3-year averageRs 7.16
EPS, 5-year averageRs 7.19
Book value per shareRs 41.93
Sales per shareRs 133.38
Cash flow per shareRs 11.01
Free cash flow per shareRs 7.36
Dividend per share (latest year)Rs 0.40
Dividend per share, 3-year averageRs 1.47
Dividend per share, 5-year averageRs 1.38
Dividends
Dividend payout8.36%
Dividend payout, 3-year average27.05%
Dividend payout, 5-year average23.09%
Efficiency
Asset turnover0.82x
Fixed asset turnover3.57x
Inventory turnover1.64x
Inventory days223 days
Debtor days12 days
Debtors turnover31.61x
Creditor days60 days
Cash conversion cycle194 days
Working capital days19 days
Leverage
Total debtRs 425 Cr
Cash and bankRs 34 Cr
Net debtRs 391 Cr
Debt to equity1.17x
Net debt / EBITDA4.42x
Interest coverage3.04x
Owners' fund to total sources25.71%
Debt to assets29.97%
Cash flow
Cash from Operating Activity (latest year)Rs 96 Cr
Cash from Investing Activity (latest year)Rs -38 Cr
Cash from Financing Activity (latest year)Rs -58 Cr
Net Cash Flow (latest year)Rs -1 Cr
Free cash flow (latest year)Rs 64 Cr
FCFE (approx.: FCF + change in debt)Rs 47 Cr
Cash from ops / profit, 5 years1.57x
Sales to cash flow12.11x
Statement figures
Net sales (TTM)Rs 1,160 Cr
Net sales (latest year)Rs 1,160 Cr
Sales (latest quarter)Rs 294 Cr
Operating profit excl. other income (latest year)Rs 100 Cr
Operating profit (latest quarter)Rs 7 Cr
Other income (TTM)Rs 10 Cr
EBITDA (TTM)Rs 89 Cr
PBDT (TTM)Rs 65 Cr
Profit before tax (TTM)Rs 47 Cr
Tax (latest year)Rs 21 Cr
Net profit (TTM)Rs 32 Cr
Net profit (latest year)Rs 42 Cr
Net profit (latest quarter)Rs 2 Cr
Depreciation (TTM)Rs 18 Cr
Depreciation (latest quarter)Rs 4 Cr
Interest (TTM)Rs 23 Cr
Cost of goods sold (latest year)Rs 933 Cr
Total expenditure (latest year)Rs 1,060 Cr
Total income (latest year)Rs 1,164 Cr
Share capitalRs 17 Cr
ReservesRs 347 Cr
Shareholders' fundsRs 365 Cr
Total assetsRs 1,419 Cr
Net blockRs 325 Cr
Capital work in progressRs 1 Cr
InvestmentsRs 15 Cr
ReceivablesRs 37 Cr
InventoryRs 570 Cr
Other liabilitiesRs 629 Cr
Shares outstanding (crore)8.70
Ownership
Promoter holding50.11% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 10.1 is at the 61th percentile of its own 9.4-year range (median 7.9, low 0.7, high 36.3).
P/B 0.90 is at the 50th percentile (median 0.89).
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.
PeriodDCMSRINDNifty 50Difference
1 week-0.5%-2.8% +2.3 pts
1 month-19.1%-6.8% -12.3 pts
3 months-2.4%-7.6% +5.3 pts
6 months+9.9%+0.4% +9.5 pts
1 year-77.6%-9.9% -67.7 pts
2 years-81.9%-13.6% -68.4 pts
3 years-75.0%+14.2% -89.2 pts
5 years+16.4%+27.9% -11.5 pts

Red flags

F-score 8 of 8
No red flags in the latest statements and filings.
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 ₹294 Cr +0.1% vs Jun 2025. Net profit ₹2 Cr -85.5%.
Against our estimate for Jun 2026: sales -4.7%, profit -87.6% miss. Our estimate for Sep 2026: sales Rs 355 Cr, profit Rs 10 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-07-03Dividend - Re 0.40 Per Share
2025-12-26Demerger
2025-04-04Interim Dividend - Rs 2 Per Share
2024-07-26Annual General Meeting
2024-04-10Interim Dividend - Rs 2 Per Share
2023-08-01Annual General Meeting
2023-02-22Interim Dividend - Re 1 Per Share
2022-07-25Dividend - Rs 0.50 Per Share
2022-07-25Annual General Meeting
2022-02-23Interim Dividend - Re 1 Per Share
DateTypeWhat it says
2026-09-22General UpdatesGeneral Updates - Change in Registered Office Address within the same city.
2026-08-13Board meeting outcomeDcm Shriram Industries Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-08-06Disclosure under SEBI TakeovSuman Bansi Dhar has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition mad...
2026-08-06Disclosure under SEBI TakeovMadhav Bansidhar Shriram has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisi...
2026-07-27Disclosure under SEBI TakeovSuman Bansi Dhar has Submitted to the Exchange a copy of Disclosure under Regulation 10 (5) of the Securities and Exchange Board of India (Substantial...
2026-07-24Disclosure under SEBI TakeovMadhav Bansidhar Shriram has Submitted to the Exchange a copy of Disclosure under Regulation 10 (5) of the Securities and Exchange Board of India (Sub...
2026-07-24Disclosure under SEBI TakeovMadhav Bansidhar Shriram has Submitted to the Exchange a copy of Disclosure under Regulation 10 (5) of the Securities and Exchange Board of India (Sub...
2026-07-20LitigationOutcome of Tax Litigation(s)/dispute(s) impacting the Company.
2026-07-16Shareholder meetingVoting results.
2026-07-15Shareholder meetingProceedings of Annual General Meeting held on July 15, 2026
2026-06-22UpdatesCompliance u/r 36(1)(b) of SEBI (LODR) Regulations, 2015.
2026-06-18UpdatesCommunication regarding Tax Deducted at Source on Dividend 2025-26.
2026-06-18Record DateRecord date for the purpose of Dividend is 03-Jul-2026.
2026-06-18Shareholder meetingNotice of Annual General Meeting to be held on July 15, 2026
2026-06-13UpdatesShares and Unclaimed Dividend for the year 2018-19 liable to transfer to IEPF Authority.
2026-05-20Board meeting outcomeDcm Shriram Industries Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-05-20General UpdatesGeneral Updates
2026-05-20DividendBoard of Directors at its meeting held on May 20, 2026, recommended Final Dividend of Rs. 0.40 (20%) per equity share.
2026-05-05Disclosure under SEBI TakeovDcm Shriram Industries Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India...
2026-04-07Credit Rating- RevisionCredit Rating- Revision
2026-04-02Disclosure under SEBI TakeovUrvashi Tilakdhar has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition ma...
2026-04-02Credit Rating- RevisionCredit Rating- Revision
2026-03-30Disclosure under SEBI TakeovUrvashi Tilakdhar has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition ma...
2026-03-23Disclosure under SEBI TakeovUrvashi Tilakdhar has Submitted to the Exchange a copy of Disclosure under Regulation 10 (5) of the Securities and Exchange Board of India (Substantia...
2026-03-19Disclosure under SEBI TakeovAlok Bansidhar Shriram has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisiti...
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.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of DCM Shriram Industries Ltd?

DCM Shriram Industries Ltd (DCMSRIND) has a market capitalisation of Rs 342 Cr. at the 2026-10-01 close.

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

DCM Shriram Industries Ltd trades at a P/E of 10.5 on trailing twelve-month profit, at the 2026-10-01 close.

What were DCM Shriram Industries Ltd's latest quarterly results?

In the Jun 2026 quarter, DCM Shriram Industries Ltd sales was Rs 294 Cr (+0.1% vs Jun 2025) and net profit was Rs 2 Cr.

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

The 52-week high is Rs 181.90 and the 52-week low is Rs 31.90.

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