Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of DCM Shriram Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 2,720 | 2,780 | 2,708 | 3,035 | 2,399 | 2,876 | 2,957 | 3,367 | 2,877 | 3,262 | 3,272 | 3,811 | 3,193 |
| Expenses + | 2,374 | 2,614 | 2,594 | 2,590 | 2,134 | 2,629 | 2,776 | 2,871 | 2,472 | 2,958 | 2,963 | 3,280 | 2,840 |
| Operating Profit | 346 | 166 | 114 | 445 | 265 | 248 | 181 | 496 | 405 | 304 | 309 | 532 | 353 |
| OPM % | 13% | 6% | 4% | 15% | 11% | 9% | 6% | 15% | 14% | 9% | 9% | 14% | 11% |
| Other Income + | 26 | 17 | 22 | 35 | 24 | 26 | 54 | 41 | 21 | 22 | 99 | -26 | 78 |
| Interest | 12 | 25 | 15 | 15 | 32 | 29 | 38 | 43 | 43 | 44 | 43 | 49 | 40 |
| Depreciation | 71 | 72 | 74 | 77 | 80 | 86 | 101 | 109 | 114 | 112 | 119 | 134 | 138 |
| Profit before tax | 289 | 86 | 47 | 389 | 177 | 158 | 96 | 386 | 270 | 170 | 246 | 322 | 254 |
| Tax % | 35% | 34% | 32% | 38% | 33% | 37% | 34% | 32% | 34% | 33% | 35% | 34% | -46% |
| Net Profit + | 187 | 57 | 32 | 240 | 118 | 100 | 63 | 262 | 179 | 114 | 159 | 213 | 371 |
| EPS in Rs | 11.97 | 3.63 | 2.07 | 15.42 | 7.55 | 6.43 | 4.03 | 16.81 | 11.47 | 7.27 | 10.13 | 13.60 | 23.72 |
Financials of DCM Shriram Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 5,639 | 5,780 | 5,788 | 6,900 | 7,771 | 7,767 | 8,308 | 9,627 | 11,547 | 10,922 | 12,077 | 13,538 |
| Expenses + | 5,240 | 5,276 | 5,017 | 5,866 | 6,402 | 6,575 | 7,156 | 7,831 | 9,941 | 9,932 | 10,747 | 12,041 |
| Operating Profit | 399 | 505 | 771 | 1,035 | 1,369 | 1,192 | 1,152 | 1,796 | 1,606 | 991 | 1,330 | 1,497 |
| OPM % | 7% | 9% | 13% | 15% | 18% | 15% | 14% | 19% | 14% | 9% | 11% | 11% |
| Other Income + | 52 | 41 | 47 | 56 | 88 | 88 | 92 | 92 | 120 | 99 | 142 | 173 |
| Interest | 112 | 85 | 71 | 83 | 119 | 164 | 122 | 85 | 53 | 88 | 153 | 176 |
| Depreciation | 110 | 98 | 114 | 141 | 157 | 219 | 233 | 238 | 260 | 303 | 410 | 502 |
| Profit before tax | 228 | 362 | 633 | 867 | 1,180 | 897 | 889 | 1,565 | 1,413 | 699 | 909 | 992 |
| Tax % | 8% | 17% | 13% | 23% | 24% | 20% | 24% | 32% | 36% | 36% | 34% | 14% |
| Net Profit + | 211 | 301 | 552 | 669 | 904 | 722 | 674 | 1,067 | 911 | 447 | 604 | 856 |
| EPS in Rs | 12.98 | 18.58 | 33.97 | 41.22 | 56.99 | 45.96 | 43.17 | 68.45 | 58.41 | 28.67 | 38.75 | 54.73 |
| Dividend Payout % | 17% | 17% | 17% | 20% | 17% | 18% | 22% | 22% | 24% | 23% | 23% | 21% |
Financials of DCM Shriram Ltd
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 33 | 33 | 33 | 33 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 |
| Reserves | 1,826 | 2,058 | 2,495 | 3,007 | 3,494 | 4,018 | 4,617 | 5,470 | 6,162 | 6,491 | 6,973 | 7,681 |
| Borrowings + | 760 | 1,064 | 1,074 | 756 | 1,610 | 2,150 | 1,521 | 1,577 | 1,707 | 2,152 | 2,529 | 2,923 |
| Other Liabilities + | 1,798 | 1,852 | 1,972 | 1,857 | 2,001 | 1,935 | 1,621 | 2,290 | 2,819 | 2,874 | 3,198 | 3,502 |
| Total Liabilities | 4,417 | 5,007 | 5,574 | 5,652 | 7,136 | 8,135 | 7,790 | 9,369 | 10,720 | 11,547 | 12,731 | 14,137 |
| Fixed Assets + | 1,443 | 1,428 | 2,022 | 2,211 | 2,690 | 3,499 | 3,360 | 3,408 | 4,105 | 4,222 | 6,517 | 7,557 |
| CWIP | 62 | 357 | 65 | 117 | 332 | 59 | 109 | 494 | 1,630 | 2,615 | 834 | 532 |
| Investments | 6 | 35 | 31 | 30 | 31 | 29 | 30 | 3 | 12 | 54 | 56 | 136 |
| Other Assets + | 2,906 | 3,186 | 3,457 | 3,294 | 4,084 | 4,548 | 4,291 | 5,463 | 4,973 | 4,656 | 5,324 | 5,912 |
| Total Assets | 4,417 | 5,007 | 5,574 | 5,652 | 7,136 | 8,135 | 7,790 | 9,369 | 10,720 | 11,547 | 12,731 | 14,137 |
Financials of DCM Shriram Ltd
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 167 | 100 | 772 | 827 | 775 | 496 | 1,887 | 1,224 | 1,296 | 794 | 1,128 | 1,234 |
| Cash from Investing Activity + | 228 | -326 | -411 | -321 | -803 | -518 | -642 | -888 | -1,543 | -1,070 | -850 | -1,241 |
| Cash from Financing Activity + | -594 | 166 | -185 | -571 | 277 | 183 | -918 | -275 | -235 | 169 | -1 | -307 |
| Net Cash Flow | -200 | -59 | 176 | -65 | 248 | 161 | 327 | 62 | -482 | -107 | 277 | -314 |
| Free Cash Flow | 115 | -249 | 331 | 440 | -73 | -102 | 1,642 | 478 | -493 | -514 | 281 | 354 |
| CFO/OP | 56% | 36% | 119% | 102% | 76% | 55% | 178% | 84% | 101% | 100% | 92% | 88% |
Financials of DCM Shriram Ltd
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 69 | 81 | 63 | 48 | 49 | 51 | 23 | 34 | 27 | 22 | 28 | 29 |
| Inventory Days | 120 | 141 | 194 | 163 | 190 | 208 | 146 | 190 | 153 | 168 | 162 | 162 |
| Days Payable | 119 | 123 | 138 | 110 | 113 | 89 | 57 | 79 | 65 | 65 | 69 | 64 |
| Cash Conversion Cycle | 71 | 100 | 120 | 100 | 126 | 170 | 111 | 145 | 115 | 124 | 121 | 128 |
| Working Capital Days | 43 | 31 | 35 | 57 | 48 | 52 | 44 | 45 | 37 | 34 | 26 | 27 |
| ROCE % | 12% | 15% | 21% | 25% | 29% | 19% | 16% | 24% | 19% | 9% | 11% | 12% |