DCM Shriram has greenlit a Rs 101 crore investment in HSCL to increase its Formulated Resins production capacity, with potential funding coming from both equity and debt sources. This move aims to support growth in the specialty chemicals sector.
DCM Shriram Limited
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DCM Shriram has announced a dividend of Rs 4 per share for the financial year 2026 and scheduled their 37th Annual General Meeting on August 18, 2026. Additionally, they have approved an investment of Rs 101 crores to expand resin capacity in one of their subsidiaries.
DCM Shriram's Q4 net profit skyrocketed by 105% year-over-year, hitting a record high of ₹3.7 billion. The company also saw an 11.6% increase in revenue for the quarter, totaling ₹33.7 billion.
DCM Shriram's Q4 revenue for FY26 climbed by 11% to reach INR 3,193 crores year-on-year. The company also proposed a substantial 200% final dividend for the fiscal year.
DCM Shriram is planning a significant investment of INR 1.01 billion to boost its production capacity of formulated resins, particularly targeting Hindusthan Specialty Chemicals for expansion. This move aims to strengthen their position in the specialty chemicals market.
DCM Shriram announces a final dividend of INR 4 per share, recommending it to its shareholders.
DCM Shriram has announced the sale of a 5.38-acre plot in Ranga Reddy, Telangana, for approximately INR 70.65 crores ($9.4 million USD), marking another significant real estate deal by the company.
DCM Shriram initiates a new 15 MW green energy project at its Kota facility, aiming to boost sustainable power generation.
DCM Shriram commences a 15 MW green energy project at its Kota facility, signifying the company's commitment to sustainable power solutions.
DCM Shriram has teamed up with Teknor Apex through a new joint venture, Shriram Polytech, to enhance their plastics offerings and broaden their product portfolio. This strategic move aims to provide more advanced plastic solutions for their customers.
DCM Shriram has given its approval for a 50% share transfer of Shriram Polytech to Teknor, marking a significant move in the industrial sector. This decision indicates potential synergies and collaboration between the two companies.
DCM Shriram sells half of its stake in SPL to Teknor Apex B.V. for $5.6 million, transforming SPL into a joint venture. This move aims to broaden the scope of advanced polymer solutions offered by both companies.
DCM Shriram earns an ESG rating of 63 for the fiscal year 2025, indicating a decent commitment to environmental, social, and governance (ESG) practices. Notably, this evaluation was conducted on a voluntary basis by NSE SRA without direct company engagement, with further details available on DCM Shriram's official website.
DCM Shriram Limited has officially launched its complete Ethylene Vinyl Acetate (ECH) plant in Gujarat, expanding the facility's overall production capacity to 52,000 Tons Per Annum (TPA).