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DCM Shriram Ltd

Q2 FY27Diversified

DCM Shriram Q2 Results 2026 (FY27): Order Book ₹356.7 Cr

Q2 FY27 investor presentation: what the company reported on revenue, margins and capex.

Price₹968
Market cap₹15.1K Cr
P/E11.0
Updated26 Oct 2026
Read4 min read

Based on DCM Shriram Ltd's Q2 FY27 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the investor presentation reports, not management guidance.

The short version

Q2 FY27 revenues and YoY changes by segment: - Chemicals & Vinyl: Rs 1,577 cr, up 42% YoY - Chemicals alone: Rs 1,343 cr, up 47% YoY - Vinyl: Rs 234 cr, up 20% YoY - Sugar & Ethanol: Rs 1,023 Q2 FY27 EBITDA (PBDIT): Rs 319 crore, down 22% YoY from Rs 408 crore in Q2 FY26 (Page 8).

From DCM Shriram Ltd's Q2 FY27 earnings-call transcript · updated 26 Oct 2026.

Revenue & Sales Performance

  • Q2 FY27 revenues and YoY changes by segment:
  • Chemicals & Vinyl: Rs 1,577 cr, up 42% YoY
  • Chemicals alone: Rs 1,343 cr, up 47% YoY
  • Vinyl: Rs 234 cr, up 20% YoY
  • Sugar & Ethanol: Rs 1,023 cr, up 10% YoY
  • Fenesta Building Systems: Rs 344 cr, up 22% YoY
  • Shriram Farm Solutions: Rs 423 cr, down 10% YoY
  • Fertilizer (Urea): Rs 502 cr, up 40% YoY (Volumes down 3%)
  • Other Businesses (incl cement): Rs 62 cr, up 11% YoY
  • Volume highlights:
  • Fertilizer volumes slightly down by 3% YoY in Q2 FY27
  • Vinyl PVC volumes up 29%; Carbide volumes up 15% in Q2
  • Sugar domestic volumes down 6% in Q2 FY27
  • Ethanol volumes up 24% in Q2 FY27
  • Explicit Outlook:
  • Fertilizer prices up but volumes slightly down
  • Vinyl prices and volumes expected to recover post monsoon

2 more points from DCM Shriram Ltd's call on revenue

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Profitability & Margins

  • Q2 FY27 EBITDA (PBDIT): Rs 319 crore, down 22% YoY from Rs 408 crore in Q2 FY26 (Page 8).
  • Operating Margin (PBDIT Margin): Rs 318.8 crore reported on Revenue Rs 4150.8 crore (Page 30), approximately 7.7%. Segment margins vary; overall decline noted due to higher input costs and mix changes (Pages 8, 12).
  • Profit After Tax (PAT): Rs 105.7 crore in Q2 FY27, down from Rs 158.7 crore in Q2 FY26 (Page 30). PAT includes a Rs 474.3 crore tax adjustment and one-time Rs 79.4 crore exceptional profit for previous years; effective normal PAT is Rs 253 crore (Pages 10, 30).
  • Explicit Margin Outlook: No specific overall margin guidance provided; management highlights cost discipline, integration, and energy efficiency initiatives to mitigate pressures (Page 7). Chemicals face pricing/margin pressures; consumer businesses show resilience (Pages 7, 19).

Capital Expenditure Plans

- Fenesta Aluminium Extrusion Plant at Kota (Phase II): Completion expected Q3 FY 2027. - 133 TPD Calcium Chloride plant at Bharuch (2nd line balance): Completion expected Q3 FY 2027. - Proposed acquisition of Salt works (208,000 MTPA): Expected Q3 FY 2027, pending regulatory approvals. - 58 MW (peak) captive renewable energy & related infrastructure at Bharuch (Group Captive - SPV): Expected Q1 FY 2028. - 40 MW (peak) solar renewable energy plant at Kota: Expected Q1 FY 2028 with Rs 145 cr investment. - 36 KTPA Formulated Resins capacity expansion in Hindusthan Specialty Chemicals Limited: Expected Q2 FY 2028. - Filter Presses in Cement (waste utilization) Plant at Kota: Expected Q3 FY 2028. - Manufacturing lines for specialty polymer compounds in joint venture Shriram Teknor Limited: Expected Q3 FY 2028. - Caustic capacity de-bottlenecking at Bharuch & Kota to improve energy efficiency: Expected Q4 FY 2028, Rs 120 cr invested towards this. Key completed investments include: - 850 TPD Caustic capacity expansion at Bharuch (May 2024) - 120 MW power plant at Bharuch (June 2024)

2 more points from DCM Shriram Ltd's call on capex

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Order Book & Pipeline

See what DCM Shriram Ltd said on order book & pipeline — free account, 30 seconds.

DCM Shriram Ltd — Quarterly revenue & net profit

Revenue Net profit
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26
Jun 2026Q1 FY27
Sep 2026Q2 FY27

Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹4.0K Cr, net profit ₹106 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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Frequently Asked Questions

What were DCM Shriram Ltd Q2 FY27 results?

Q2 FY27 revenues and YoY changes by segment: - Chemicals & Vinyl: Rs 1,577 cr, up 42% YoY - Chemicals alone: Rs 1,343 cr, up 47% YoY - Vinyl: Rs 234 cr, up 20% YoY - Sugar & Ethanol: Rs 1,023 Q2 FY27 EBITDA (PBDIT): Rs 319 crore, down 22% YoY from Rs 408 crore in Q2 FY26 (Page 8).

What is DCM Shriram Ltd share price analysis?

DCM Shriram Ltd currently shows a neutral. The stock trades at a P/E of 11.0 with a market cap of ₹15,104 Cr. Investors should review the full earnings analysis for detailed insights.

Is DCM Shriram Ltd planning capital expenditure?

Fenesta Aluminium Extrusion Plant at Kota (Phase II): Completion expected Q3 FY 2027.

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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.