DCM Shriram has reported a strong financial performance for FY 2025-26 despite continued global economic uncertainties, volatile commodity prices and geopolitical tensions impacting global trade and supply chains. The company posted a consolidated net revenue of Rs 14,264 crore during FY26, registering a 12% increase over the previous financial year. Consolidated Profit Before Depreciation, Interest and Tax (PBDIT) rose 15% to Rs 1,694 crore, while Profit After Tax (PAT) surged 42% to Rs 856 crore. The PAT growth included a one-time deferred tax credit of Rs 239 crore following the company’s decision to adopt the new tax regime under Section 115BAA of the Income Tax Act from FY27.
For the fourth quarter ended March 2026, the company recorded consolidated net revenue of Rs 3,373 crore, compared to Rs 3,019 crore in the same quarter last year. Quarterly PAT nearly doubled to Rs 371 crore from Rs 179 crore in Q4 FY25. The board recommended a final dividend of 200%, taking the total dividend for FY26 to 560%, amounting to Rs 174.66 crore.
The company said growth was mainly driven by higher volumes in its chemicals business, continued expansion of Fenesta Building Systems and strong performance by Shriram Farm Solutions. Operational efficiencies, capacity utilization and contributions from recently commissioned projects also supported earnings growth.
Chairman and Senior Managing Director Ajay Shriram and Vice Chairman and Managing Director Vikram Shriram said the Indian economy remained resilient despite global disruptions caused by trade protectionism, supply chain realignments and tensions in West Asia.
They said, “In the Sugar and Ethanol business, Indian sugar production increased by 2.3 MMT this season as compared to last year. The industry is facing margin pressures arising from higher cane cost and oversupply in Sugar as well as Ethanol business. Sustained policy support - through higher sugar MSP, expanded blending mandates, export facilitation and alternate ethanol usage - remains critical for industry viability.”
The Chemicals and Vinyl business delivered robust growth, aided by expanded capacities and downstream integration. The company commissioned its 52,000 tonnes-per-annum Epichlorohydrin plant at Bharuch in April 2026 and expanded its advanced materials portfolio through the acquisition of Hindusthan Speciality Chemicals Limited. DCM Shriram also entered into a joint venture with US-based Teknor Apex B.V. in the PVC compounds segment.
Fenesta Building Systems achieved revenue of Rs 1,112 crore, marking a 28% increase during FY26. The company expanded its footprint across India and international markets while strengthening product innovation through strategic acquisitions. Shriram Farm Solutions also recorded strong double-digit growth, with revenue rising 18% to Rs 1,689 crore, supported by higher volumes across product categories and record wheat seed sales.
The company highlighted sustainability as a major focus area, stating that green energy accounted for 27% of total energy consumption during the year. It also continued investments in renewable power, water conservation and chemical capacity expansion projects.