DCMSHRIRAMDiversified

DCM Shriram Limited

Diversified · ISIN INE499A01024 · BSE 523367 · NSE EQ · FV ₹2
Last price
₹904
+0.92%today
What this company does

DCM Shriram Limited operates in the Diversified sector. It booked ₹4,151 cr of revenue in its latest quarter (Q2 FY27) and kept 2.5% of sales as profit. It is the 3rd largest of 5 Diversified companies we track, by market value.

In the report:
52out of 100
Equitytale Health Score
Mixed

Healthier than 52% of listed companies we score, on all six measures of filed financials. Each measure is ranked against the 655–2,932 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
37

At close. Not part of the score.

Profitability & returns26

How much profit it earns on the money it employs

Balance sheet52

How much it owes, and whether earnings cover the interest

Cash quality64

Whether reported profit actually arrives as cash

Growth & consistency50

Whether sales and profit have grown, and how steadily

Valuation55

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Sales up 21% vs last year
✓ Promoters hold 67%
✓ No promoter shares pledged
✓ Turns profit into real cash
Watch-outs
! Thin 2.5% net margin
! Profit down 34% vs last year
! Low 5.0% return on equity

What if I invest in DCMSHRIRAM?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹904▲ +0.92%
latest close · 2026-11-04
1-year return
-26.6%
52-wk low ₹86752-wk high ₹1,264
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio33.6High
LowAverageHigh
P/B ratio1.67Moderate
Below bookModerateHigh
EV / EBITDA12.4Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity5.0%Weak
WeakFairStrong ▸15%
Return on capital7.1%Weak
WeakFairStrong
Net margin2.5%Thin
ThinDecentStrong
EBITDA margin7.7%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.22Comfortable
LowModerateHigh ▸1
Interest cover5.3×Strong
RiskyOkayStrong ▸5×
Current ratio1.56Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹14,091 cr
Book value
₹542
EPS
₹6.72
latest quarter
Net debt
₹1,674 cr
owes more than its cash
Enterprise value
₹15,765 cr
EBITDA
₹1,275 cr
annualised
EBIT
₹751 cr
annualised
Operating margin
4.5%
Return on assets
2.9%
Earnings yield
2.97%
P/S
0.85
Sales / share
₹1,064.6
Tax rate
31.4%
Face value
₹2
Shares
15.6 cr
Working capital
₹2,069 cr
Current assets
₹5,776 cr
Current liabilities
₹3,707 cr
Delivery %
37.5%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2026 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 2 models ₹632 vs market price ₹904 — price is 43% above it
Safety cushion-43.0%(target ≥ +20%)
Models span ₹328–₹935, midpoint ₹632
Model ₹632
Price ₹904
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY27 (consolidated)
Revenue from Operations₹4,151 cr
Other Income₹27 cr
Total Income₹4,178 cr
Cost of Materials₹1,344 cr
Purchases of Stock-in-Trade₹252 cr
Inventory Change (±)₹621 cr
Employee Benefit Expense₹338 cr
Finance Costs₹35 cr
Depreciation & Amortisation₹131 cr
Other Expenses₹1,305 cr
Total Expenses₹4,026 cr
Profit before Tax₹152 cr
Tax Expense₹48 cr
Share of JV / Associates₹1 cr
Net Profit₹106 cr
Net margin on total income2.5%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹2,217 cr53.1%
Employee benefit expense₹338 cr8.1%
Finance costs₹35 cr0.8%
Depreciation & amortisation₹131 cr3.1%
Other expenses₹1,305 cr31.2%
Tax expense₹48 cr1.1%
Profit for the period₹106 cr2.5%
Total income ₹4,178 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue3,373 cr3,785 cr4,151 cr
Total income3,420 cr3,812 cr4,178 cr
Expenses3,197 cr3,618 cr4,026 cr
Profit before tax254 cr274 cr152 cr
Tax-117 cr-418 cr48 cr
Net profit (owners' share)370 cr693 cr105 cr
Net margin (owners' share, on revenue)11.0%18.3%2.5%
EPS (₹)23.7144.726.72
YoY (latest quarter): total income +18.3% · net profit -33.7%
Balance sheet & cash flow · as of Sep 2026
Low debt
Total assets
₹14,328 cr
Shareholder equity
₹8,445 cr
parent shareholders
Total debt
₹1,893 cr
Cash
₹218 cr
Cash flow · H1 FY27
Operating
₹986 cr
Investing
₹-244 cr
Financing
₹-830 cr
Peer comparison
Diversified · by market value
CompanyPriceMarket capP/E
3M India Limited₹28,885₹32,539 cr51.8
Godrej Industries Limited₹953₹32,082 cr28.2
DCM Shriram Limitedthis company₹895₹13,962 cr33.3
Balmer Lawrie & Company Limited₹163₹2,794 cr8.8
TTK Healthcare Limited₹916₹1,294 cr1.5
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
1.28%
trailing 12 months
Dividend / share (TTM)
₹11.6
Last dividend
₹4
ex 30 Oct 2026
ActionDetailEx-date
Dividend₹4 / share30 Oct 2026
Dividend₹4 / share31 Jul 2026
Dividend₹3.6 / share23 Jan 2026
Dividend₹3.6 / share3 Nov 2025
Dividend₹3.4 / share5 Aug 2025
Dividend₹3.6 / share24 Jan 2025
Who owns it · 2026-09-30
No pledge
Promoter
66.5%
FII / Foreign
4.0%
DII / Domestic
8.3%
Retail / others
20.5%
Smart-money activity
Insider trades
BoughtTara A Shriram Family Trust · Promoter Group10015 Sep 26
BoughtVarun A Shriram Family Trust · Promoter Group10015 Sep 26
BoughtAjit S Shriram Family Trust · Promoter Group10015 Sep 26
Bulk / block deals
short— · NSE921 Oct 26
short— · NSE30019 Oct 26
short— · NSE1424 Jul 26
Stake changes
SoldLife Insurance Corporation of india · promoter→ 6.17% · 33.49 L29 Aug 24
BoughtAjay S. Shriram (Authorized For and on behalf of all Acquirers) · promoter→ 8.58%10 Apr 17
Promoter pledges
ReleasedStandard Covenants but no encumbrance of shares and promoters are not party to the same7.95 cr · 51.00% held17 Mar 20
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 18 Aug 2026
See the official result
1
To consider and adopt: a) the audited standalone financial statements of the Company for the financial year ended March 31, 2026, and the reports of the Board of Directors and Auditors thereon; and b) the audited consolidated financial statements of the Company for the financial year ended March 31, 2026, and the report of the Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
1.74 cr votes for, 615 against · 0% of mutual funds and other big investors said no
2
To declare final dividend of Rs. 4/- per equity share of face value of Rs.2/- each and to confirm the payment of Interim Dividend of Rs. 3.60/- per equity share and 2 Interim Dividend of Rs. 3.60/- per equity share already paid during the financial year 2025-26.
Backed by 100% of shareholders other than promotersneeded 50%
1.74 cr votes for, 305 against · 0% of mutual funds and other big investors said no
3
To appoint a Director in place of Mr. Ajit S. Shriram (DIN:00027918), who retires by rotation and being eligible, offers himself for re-appointment.
Backed by 99% of shareholders other than promotersneeded 50%
1.72 cr votes for, 2.59 L against · 3% of mutual funds and other big investors said no
4
To appoint a Director in place of Mr. Pradeep Dinodia (DIN:00027995), who retires by rotation and being eligible, offers himself for re-appointment.
Backed by 99% of shareholders other than promotersneeded 50%
1.72 cr votes for, 2.21 L against · 3% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 50 named members
owning 66.5% between them · as of 2026-09-30
SUMANT INVESTMENTS PVT LTD63.03%
AJIT SHRIDHAR SHRIRAM0.38%
AJAY S SHRIRAM (HUF)0.36%
VIKRAM S. SHRIRAM (HUF)0.35%
AJAY S. SHRIRAM0.32%
AJIT S SHRIRAM (HUF)0.32%
VIKRAM S. SHRIRAM0.32%
ADITYA A.SHRIRAM0.19%
Business done with them
FY2026 · 7 of the group
The company paid ₹134 cr to companies in the promoter group last year — about 0.9% of its ₹14,264 cr revenue.
SUMANT INVESTMENTS PVT.LTD.
Contribution made to them · Refer Disclosure of significant accounting policies [Text Block]
also owns 63.03% of the company
₹104 cr
company paid
Vikram Shridhar Shriram
Other payments to them · Refer Disclosure of significant accounting policies [Text Block]
₹9 cr
company paid
Ajay Shridhar Shriram
Other payments to them · Refer Disclosure of significant accounting policies [Text Block]
₹9 cr
company paid
Ajit Shridhar Shriram
Other payments to them · Refer Disclosure of significant accounting policies [Text Block]
also owns 0.38% of the company
₹7 cr
company paid
Ajay Shridhar Shriram (HUF)
Other payments to them · Refer Disclosure of significant accounting policies [Text Block]
₹2 cr
company paid
Vikram Shridhar Shriram (HUF)
Other payments to them · Refer Disclosure of significant accounting policies [Text Block]
₹2 cr
company paid
Ajit Shridhar Shriram (HUF)
Other payments to them · Refer Disclosure of significant accounting policies [Text Block]
₹1 cr
company paid

The company also transacted with 8 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.