DCM Shriram Ltd

NSE
DCMSHRIRAM •
BUY

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Start SIP in DCM Shriram Ltd
Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
33.22% Gain from 52W Low
8.1
TTM PE Ratio
Below industry Median
29.4
Price to Book Ratio
Below industry Median
2.5
Dividend yield 1yr %
0.4
TTM PEG Ratio
PEG TTM is negative
-0.5
RSI
RSI is mid-range
41
MFI
MFI oversold
24.2

DCM Shriram Ltd Key Financials

*All values are in ₹ Cr.

DCM Shriram Ltd shareholding Pattern

Promoter
66.5%
Foreign Institutions
3.4%
Mutual Funds
0.4%
Domestic Institutions
8.4%
Public
20.7%

DCM Shriram Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
2
Bearish Moving Averages
14
5Day EMA
975.00
10Day EMA
980.90
12Day EMA
983.30
20Day EMA
991.60
26Day EMA
995.70
50Day EMA
999.40
100Day EMA
987.80
200Day EMA
963.80
Delivery & Volume
Resistance & Support
974.25
Pivot
Resistance
First Resistance
982.65
Second Resistance
992.55
Third Resistance
1,000.95
Support
First Support
964.35
Second support
955.95
Third Support
946.05
Relative Strength Index
41.04
Money Flow Index
24.15
MACD
-12.36
MACD Signal
-10.14
Average True Range
28.45
Average Directional Index
14.77
Rate of Change (21)
-1.95
Rate of Change (125)
7.94

DCM Shriram Ltd Company background

Founded in: 1989
Managing director: Ajit S Shriram
DCM Shriram Consolidated Ltd is a diversified company with business in agri, chemicals, plastics, cement, textiles and energy services. They are having two broad operational thrusts namely, the energy intensive businesses that include chlorovinyl chain and cement and the agribusinesses that cover urea, sugar, hybrid seeds and agrimerchandised inputs. The business portfolio of the Company comprises of ChloroVinyl, sugar, Shriram Farm Solutions, bioseed, fertlisers, others: (Fenesta, Cement and Hariyali Kisaan Bazaar). The Holding Company, Sumant Investments Private Limited owns 63.03% of Equity Share Capital of the Company.The Company is having their manufacturing facilities at Kota in Rajasthan, Bharuch in Gujarat, and Ajbapur, Rupapur, Hariawan and Loni in Uttar Pradesh. Their hybrid seed operations are at Bhiwadi, Mumbai, Hyderabad and Chennai. The Company has windows fabrication units at Bhiwadi, Bangalore, Mumbai, Hyderabad and Chennai. DCM Shriram Consolidated Ltd was incorporated in the year February 06, 1989, when DCM Ltd was restructured into four separate companies. The Company took over one third of the businesses of DCM Ltd by merging, Shriram Fertilizer Chemicals, Shriram Cement Works, Seatantra Bharat Mills and DCM Silk Mills.During the year 199596, the company made a tieup with Zeon Kasei Company of Japan for PVC Compounds. Also, they commissioned Chloralkali plant at Bharuch in Gujarat, based on stateoftheart membrane cell technology from Asahi Chemicals, Japan. In June 1997, they commissioned the Chlor Alkali plant and 18 MW DG set based captive Power plant.During the year 19992000, the company commissioned a modern solid hazardous waste facility at Bharuch. During the year 200001, DCM Shriram International Ltd became wholly owned subsidiary of DCM Shriram Credit and Investments Ltd, which is already a wholly owned subsidiary.In January 2002, the company entered into MoU with Zurich Financial Services (ZFS) and formed a joint venture to start Life Insurance Business, Nonlife insurance business and related support services in India. During the year 200102 the capacity of Chlor Alkali was expanded to 102050 MT. Also, DCM Shriram Exports Ltd, which was renamed as Shriram Polytech Ltd became a subsidiary of the company.In January 2003, the company transferred PVC Windows Project from their subsidiary, Shriram Polytech Ltd to the company. The Energy Services business of the company was demerged and transferred to their subsidiary DSCL Energy Services Company Ltd with effect from April 1, 2003. Also, their subsidiary company, Ghaghara Sugar Ltd merged with the company with effect from April 1, 2003.Shriram Polytech Ltd was amalgamated with the company with effect from October 1, 2004. In November 2004, the company commenced their Mumbai operations of their business division Fenesta Building Systems, with the launch of FENESTA brand of window and door systems.In March 2005, the company commenced commercial operations of their 250 TPD Chlor Alkali plant at Kota. The company also carried out the conversion of their existing Mercury Cell based Chlor Alkali plant at Kota to Membrane Cell based plant and also enhancement in capacity from 139 TPD to 250 TPD. In July 2005, the company commissioned their new State of the art 30 MVA electric furnace for manufacture of Calcium Carbide at their Kota complex and in September 2005, they commissioned a new 40 MW coal based captive power facility at Kota.During the year 200607, Anant Thermal Energy Ltd became a subsidiary of DCM Shriram Credit and Investments Ltd and Shriram Bioseed (Thailand) Ltd has become a subsidiary of Shriram Bioseed Genetics (India) Ltd. In September 2006, the company commissioned their expanded PVC resin capacity at Kota.In July 2007, the company incorporated a wholly owned subsidiary namely DCM Shriram Energy and Infrastructure Ltd and made investment in the equity shares of Impact Builders Ltd and made the company as a wholly owned subsidiary.In December 2007, DCM Shriram Infrastructure Ltd, which has been set up for Hydel Power Business, bagged a 108 MW Hydro Power Project at Chhatru in Himachal Pradesh. In March 2008, the company through their 100% subsidiary acquired the entire 49% stake of joint venture partner. Thus, Shriram Bioseeds Ltd, Mauritius, Afee Investments Corp, British Virgin Island, Bioseed Genetics International Inc, Panama and Zeus Investment Ltd, Mauritius became their 100% subsidiaries.In May 2008, the company acquired 81.14% of the total equity shares of Shri Ganpati Fertilizers Ltd, Jaipur. The acquired company is engaged in the manufacture of Single Super Phosphate, which is having their manufacturing unit at Chittorgarh in Rajasthan.Shriram Axiall Private Limited (formerly Shriram Vinyl Polytech Pvt. Ltd.), 100% subsidiary of the Company had taken over the business of Shriram Polytech (division of the Company) w.e.f. 15th March 2013. In FY 201314, the Company entered into the Joint Venture Agreement with M/s.Axiall, LLC (subsidiary of Axiall Corporation, USA) for forming a 50 : 50 Joint Venture for the Polymer Compounding business carried on by the aforesaid subsidiary of the Company (JV Company).The name of the Company was changed from DCM Shriram Consolidated Limited to DCM Shriram Limited w.e.f. 21st February 2014.During the year, the Company has bought back 28,35,471 equity shares of Rs. 2/ each, upto 31st March 2014, out of which 26,96,909 equity shares of Rs.2/ each have been extinguished by 31st March 2014.During the year 2015, the Company expanded its geographical reach in Western and Southern India and plans to further increase its presence in FY 16.In FY 2017, the Company completed capacity expansion projects for ChlorAlkali (incl. captive power) at Bharuch Power Cogeneration at Sugar business at total investments of Rs. 700 Crores. These plants have stabilised and have started contributing to the earnings of the Company.During the year 2017, the Company announced new capital expenditure projects at an investment of Rs. 300 Crores aimed at setting up a Distillery in Sugar Business to manufacture ethanol, Increase Chemicals capacity at Kota and to increase the fabrication capacity at Fenesta Business. During the year, a subsidiary of the Company namely Hariyali Services Limited was struck off from the Register of Companies w.e.f. 15th November 2016.The Company has been able to successfully complete its expansion project at Bharuch in 201617, taking the aggregate production capacity of the Company to 1343 TPD. Caustic Soda flaking capacity was enhanced from 150 TPD to 350 TPD and an additional 60 MW captive Power Plant was commissioned to support expanded capacity. Now, DCM Shriram is the second largest manufacturer in the domestic ChlorAlkali Industry and the Bharuch facility is the largest single location Chloralkali manufacturing unit in India. Both the manufacturing units have access to 100% captive power, based on coal.During FY 2018, the Company accepted fixed deposits including renewals worth Rs .6,53,50,000/The Company commissioned 150 KLD distillery at Sugar Hariawan Unit at an investment of Rs. 188 crore in FY 2018.In FY 2018, the expansion of sugar crushing cogen power in Hariawan Unit by 5000 TCD, 30 MW respectively at an investment of Rs.303 crore.In FY19, Company commissioned expansion of Crushing sugar and Cogen Power in Hariawan Unit by 5000 TCD, 30 MW respectively at an investment of Rs. 324 Crore. Capacity Expansion of Caustic Soda Plant at Kota by 168 TPD along with 150 TPD of flaker and 48TPD of SBP at total investment of Rs. 112 Crore and 60 TPD Aluminium Chloride Plant in Bharuch at an investment of Rs. 31 Crore.In FY20, Bharuch Capacity Expansion of Caustic Soda Plant by 332 TPD was commissioned at an investment of Rs. 145 Crores. Plastics PVC Expansion/debottlenecking at Kota by 40 TPD was commissioned at an investment of Rs. 30 Crores. Power Replacement of 50 MW Coal based Power generation at Kota by 66 MW Power Plant at an investment of Rs. 240 Crores was commissioned and Sugar Setting up of distillery with capacity 200 KLD at Ajbapur was commissioned at an investment of Rs.292 Crores.During the year 2020, the Board in their meeting held on 27 January, 2020 approved the sale of equity capital and the underlying business on a going concern basis of the step down subsidiaries in Indonesia and Vietnam held by Bioseed Holdings Pte. Ltd., a subsidiary Company in Singapore. The sale of Indonesian entities i.e. PT Shriram Seed Indonesia and PT Shriram th Genetics, Indonesia was completed on 27th February, 2020. Further, the Board, on 19 May, 2020, approved sale of 81.41% of the paid up equity share capital of Shri Ganpati Fertilizers Limited, a subsidiary of the Company (SGFL), held by the Company which got completed on 19th May, 2020. In FY21, Stable Bleaching Powder expansion project (43 TPD) at Kota was commissioned in March 21 at an expenditure of Rs. 10 Crores and Country Liquor project (6400 cases per day) was commissioned in March 21 at Hariawan Sugar unit at an expenditure of Rs. 25 Crores.During FY22, Company commissioned a project of Electrolysers cell units, cathode and anode replacement at Kota at an investment of Rs.39 crore. During FY22, the Board in their meeting held on 24 October, 2019 approved merger of Bioseeds Limited, Mauritius into Shriram Bioseed Ventures Limited (both wholly owned subsidiaries of the Company) for simplification of organizational structure. The Scheme of Amalgamation for said Merger was filed on 27 May, 2020, which got approved by the National Company Law Tribunal (NCLT) on filing the certified Copy of Order dated 29th March 2022 effective from 27 April 2022 with Registrar of Companies. It approved the liquidation of Shriram Bioseed (Thailand) Limited, a step down subsidiary of the Company, on 15 June 2021 subject to necessary approval in Thailand. It acquired 1,732,500 equity shares of Shriram Polytech Ltd. (earlier known as Shriram Axiall Pvt. Ltd.) (a 50:50 JV between the Company and Axiall LLC, USA), from Axiall LLC being entire 50% of the paidup share capital held by Axiall LLC in Shriram Polytech Ltd.. Post acquisition, it has become the wholly owned subsidiary of the Company.During FY 202223, the Company commissioned projects at an investment costing Rs 591 Crores consisting of 120 KLD multifeed distillery with 260 KLD grain attachment at Ajbapur 3000 TCD expansion at Ajbapur Complex with full capacity conversion to refined Sugar (13,500 TCD) 8000 TCD capacity conversion to refinery at Hariawan Sugar Unit and Anhydrous Aluminum Chloride expansion capacity by 32,850 TPA.The Company subscribed and invested in the shares of DCM Shriram Bio Enchem Limited, DCM Shriram Prochem Limited, DCM Shriram Ventures Limited and Shriram Agsmart Limited (formerly known as DCM Shriram Agsmart Limited) consequent to which these companies became the wholly owned subsidiaries of the Company during the year 202223. ReNew Green (GJ Ten) Private Limited was made an Associate of Company, as the Company invested in its Equity Shares representing 31.20% of its paidup share capital.
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DCM Shriram Ltd FAQs

DCM Shriram Ltd shares are currently priced at 972.75 on NSE and 975.3 on BSE as of 2/21/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of DCM Shriram Ltd [DCMSHRIRAM] share was 14.82. The DCM Shriram Ltd [DCMSHRIRAM] share hit a 1-year low of Rs. 730.2 and a 1-year high of Rs. 1175.

The market cap of DCM Shriram Ltd is Rs. 15169.29 Cr. as of 2/21/2024 12:00:00 AM.

The PE ratios of DCM Shriram Ltd is 30.34 as of 2/21/2024 12:00:00 AM.

The PB ratios of DCM Shriram Ltd is 2.41 as of 2/21/2024 12:00:00 AM

The Mutual Fund Shareholding was 0.44% at the end of 2/21/2024 12:00:00 AM.

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