Latest news with #VikramShriram
Business Standard
22-07-2025
- Business
- Business Standard
DCM Shriram gains after Q1 PAT rises 13% YoY to Rs 113 cr
DCM Shriram advanced 1.65% to Rs 1,411 after the company's consolidated net profit increased by 13.04% to Rs 113.38 crore in Q1 FY26, compared to Rs 100.30 crore posted in Q1 FY25. Revenue from operations (excluding excise duty) grew 13.42% year-on-year (YoY) to Rs 3,248.63 crore for the quarter ended 30 June 2025. Profit before tax (PBT) in Q1 FY26 stood at Rs 170.16 crore, up 7.47% from Rs 158.33 crore reported in the same quarter last year. Profit before depreciation, interest, and tax (PBDIT) stood at Rs 326 crore, registering a growth of 19% YoY. During the quarter, revenue from the Chemicals & Vinyl segment stood at Rs 1,113.78 crore, up 32.28% year-on-year (YoY). The Fenesta Building Systems segment recorded revenue of Rs 248.40 crore, up 21.19% YoY, while revenue from Shriram Farm Solutions (SFS) rose 28.94% YoY to Rs 349.64 crore. The Fertiliser segment posted revenue of Rs 18.86 crore, up 18.86% YoY, and the Bioseed segment registered revenue of Rs 284 crore, marking a 30.15% YoY growth. In contrast, revenue from the Sugar & Ethanol segment declined 11.70% YoY to Rs 1,017.34 crore. The company reported a one-time negative impact of around Rs 36 crore during the quarter due to the retrospective levy of duty on ethanol exported outside the state of Uttar Pradesh. Annualized return on capital employed (ROCE) stood at 13.2%, while net debt remained stable at Rs 1,481 crore, reflecting financial prudence and a strong capital structure. On the strategic front, the company made notable progress in executing its capital expenditure roadmap. In Q1 FY26, it completed the acquisition of a 53% stake in DNV Global to strengthen backward integration in its Fenesta business. Additionally, the company signed a definitive agreement for the 100% acquisition of Hindusthan Speciality Chemicals (HSCL). This acquisition aligns with its forward integration plans for ECH into epoxy, marking the beginning of its journey into advanced materials. The acquisition is expected to be completed by Q2 FY26. Ajay Shriram, chairman & senior managing director and Vikram Shriram, vice chairman & managing director, said, Global growth is hovering just above what many analysts consider a recessionary threshold. Trade tensions - particularly new and higher tariffs in major economies, policy unpredictability and geo-politics are dampening investor confidence, slowing investment and causing supply chain disruptions. Financial market volatility has increased sharply in 2025, contributing to a precarious economic climate. India is consolidating its place as the fastest-growing large economy, having recently become the worlds fourth largest, and is projected to continue this trajectory with policies aimed at attracting investment and fostering innovation. Global caustic soda supply chain is disrupted owing to tariff related headwinds and geo-political conflicts, keeping international prices range bound. The business witnessed volume led growth with improved margins. The company has accelerated its entry into advanced materials through its proposed acquisition of 100% stake in Hindusthan Specialty Chemicals. Sugar and Ethanol business is stable but facing margin pressures. Lower than expected stock levels should fundamentally support prices of Sugar. Recent retrospective levy of export fee from 2018 on Ethanol sold outside the state of UP, is a regressive step by the state government. A comprehensive review and reform of the sugar policy framework is essential to ensure financial viability for both farmers and manufacturers. Fenesta continues to advance its growth trajectory in the core business while strategically broadening its portfolio and revenue platforms. The acquisition of a majority stake in a hardware company is a strategic step towards building a growth pipeline. The business is focusing on delivering value and service to its customers along with a higher wallet share in home space. With a strong emphasis on innovation and digital connectivity, Shriram Farm Solutions is enhancing its scale and product portfolio of differentiated offerings while deepening its engagement with the farming community. Backed by a robust balance sheet, were advancing into adjacent business areas, leveraging both organic and inorganic opportunities, and embedding sustainability at every stage to secure responsible, long-term growth. DCM Shriram is a diversified and integrated business entity with an extensive and growing presence across the Agri-Rural value chain and the Chemicals & Vinyl industry. The company also has an innovative value-added business, Fenesta Building Systems. Access to captive power at all key manufacturing units enables the businesses to optimize their competitive edge.
Economic Times
22-07-2025
- Business
- Economic Times
DCM Shriram Q1 Results: Profit jumps 13% to Rs 114 cr, revenue rises to Rs 3,477 cr
DCM Shriram Ltd has reported a 13 per cent increase in consolidated net profit at Rs 113.82 crore for the quarter ended June on higher revenue. ADVERTISEMENT Its net profit stood at Rs 100.30 crore in the year-ago period. Total income rose to Rs 3,477.4 crore in April-June quarter of this fiscal, from Rs 3,098.90 crore in the corresponding period of the preceding year, according to a regulatory filing on Monday. Gurugram-based DCM Shriram is into fertilisers, sugar, ethanol, chemicals, bioseeds and Fenesta building systems, among others. The company informed that there has been a one-time negative impact of about Rs 36 crore due to retrospective levy of duty on ethanol exported outside the state of Uttar Pradesh. "Sugar and Ethanol business is stable but facing margin pressures. Lower than expected stock levels should fundamentally support prices of sugar," said Ajay Shriram, Chairman & Senior MD, and Vikram Shriram, Vice Chairman & MD, DCM Shriram. ADVERTISEMENT They termed the recent retrospective levy of export fee from 2018 on ethanol sold outside the state of UP as "a regressive step by the state government". Ajay and Vikram Shriram called for a comprehensive review and reform of the sugar policy framework in order to ensure financial viability for farmers and mills. ADVERTISEMENT "Global caustic soda supply chain is disrupted owing to tariff related headwinds and geo-political conflicts, keeping international prices range bound. The business witnessed volume led growth with improved margins," they said. DCM Shriram said it has accelerated its entry into advanced materials through its proposed acquisition of 100 per cent stake in Hindusthan Specialty Chemicals Ltd. During the last 2024-25 fiscal, the company had posted a net profit of Rs 604.27 crore on a total income of Rs 12,883.46 crore. PTI (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
22-07-2025
- Business
- Time of India
DCM Shriram Q1 Results: Profit jumps 13% to Rs 114 cr, revenue rises to Rs 3,477 cr
DCM Shriram Ltd has reported a 13 per cent increase in consolidated net profit at Rs 113.82 crore for the quarter ended June on higher revenue. Its net profit stood at Rs 100.30 crore in the year-ago period. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Struggling With Belly Fat? Try This at Home Home Fitness Hack Shop Now Total income rose to Rs 3,477.4 crore in April-June quarter of this fiscal, from Rs 3,098.90 crore in the corresponding period of the preceding year, according to a regulatory filing on Monday. Gurugram-based DCM Shriram is into fertilisers, sugar, ethanol, chemicals, bioseeds and Fenesta building systems, among others. The company informed that there has been a one-time negative impact of about Rs 36 crore due to retrospective levy of duty on ethanol exported outside the state of Uttar Pradesh. Live Events "Sugar and Ethanol business is stable but facing margin pressures. Lower than expected stock levels should fundamentally support prices of sugar," said Ajay Shriram, Chairman & Senior MD, and Vikram Shriram, Vice Chairman & MD, DCM Shriram. They termed the recent retrospective levy of export fee from 2018 on ethanol sold outside the state of UP as "a regressive step by the state government". Ajay and Vikram Shriram called for a comprehensive review and reform of the sugar policy framework in order to ensure financial viability for farmers and mills. " Global caustic soda supply chain is disrupted owing to tariff related headwinds and geo-political conflicts, keeping international prices range bound. The business witnessed volume led growth with improved margins," they said. DCM Shriram said it has accelerated its entry into advanced materials through its proposed acquisition of 100 per cent stake in Hindusthan Specialty Chemicals Ltd. During the last 2024-25 fiscal, the company had posted a net profit of Rs 604.27 crore on a total income of Rs 12,883.46 crore. PTI
News18
22-07-2025
- Business
- News18
DCM Shriram Q1 profit rises 13 pc to Rs 114 cr, revenue increases to Rs 3,477 cr
Agency: PTI Last Updated: New Delhi, Jul 22 (PTI) DCM Shriram Ltd has reported a 13 per cent increase in consolidated net profit at Rs 113.82 crore for the quarter ended June on higher revenue. Its net profit stood at Rs 100.30 crore in the year-ago period. Total income rose to Rs 3,477.4 crore in April-June quarter of this fiscal, from Rs 3,098.90 crore in the corresponding period of the preceding year, according to a regulatory filing on Monday. Gurugram-based DCM Shriram is into fertilisers, sugar, ethanol, chemicals, bioseeds and Fenesta building systems, among others. The company informed that there has been a one-time negative impact of about Rs 36 crore due to retrospective levy of duty on ethanol exported outside the state of Uttar Pradesh. 'Sugar and Ethanol business is stable but facing margin pressures. Lower than expected stock levels should fundamentally support prices of sugar," said Ajay Shriram, Chairman & Senior MD, and Vikram Shriram, Vice Chairman & MD, DCM Shriram. They termed the recent retrospective levy of export fee from 2018 on ethanol sold outside the state of UP as 'a regressive step by the state government". Ajay and Vikram Shriram called for a comprehensive review and reform of the sugar policy framework in order to ensure financial viability for farmers and mills. 'Global caustic soda supply chain is disrupted owing to tariff related headwinds and geo-political conflicts, keeping international prices range bound. The business witnessed volume led growth with improved margins," they said. DCM Shriram said it has accelerated its entry into advanced materials through its proposed acquisition of 100 per cent stake in Hindusthan Specialty Chemicals Ltd. During the last 2024-25 fiscal, the company had posted a net profit of Rs 604.27 crore on a total income of Rs 12,883.46 crore. PTI MJH DRR view comments First Published: July 22, 2025, 14:15 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
12-06-2025
- Business
- Time of India
DCM Shriram to acquire specialty chemicals firm for Rs 375 crore to enter advanced materials segment
DCM Shriram Ltd on Thursday said its board has approved a definitive agreement to acquire Hindusthan Specialty Chemicals Ltd (HSCL) for Rs 375 crore, marking its strategic entry into the advanced materials segment . The acquisition of the unlisted subsidiary of Hindusthan Urban Infrastructure Ltd is subject to regulatory and customary approvals, DCM Shriram said in a statement. HSCL operates a production facility in Jhagadia, Bharuch district, Gujarat, spanning 43 acres and located 3.5 km from DCM Shriram's existing chemicals complex. The proximity is expected to create operational synergies, it added. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Join new Free to Play WWII MMO War Thunder War Thunder Play Now Undo The target company reported revenue of over Rs 274 crore in 2024-25, with liquid epoxy resin capacity exceeding 17,000 tonnes per annum. Its product portfolio includes liquid epoxy resins, hardeners, reactive diluents, solvent cuts, and formulated resins for aerospace, electronics, renewable energy, electric vehicles, defence, and composites sectors. "This acquisition is a pivotal step in our chemicals growth strategy and a catalyst for DCM Shriram's entry into advanced materials," its Chairman and Senior Managing Director Ajay Shriram and Vice Chairman & Managing Director Vikram Shriram said in a joint statement. Live Events The deal builds on DCM Shriram's February 2024 commitment to invest Rs 1,000 crore in establishing its Epoxy and Advanced Materials business under its Chemicals Strategic Business Unit.
