DCM Shriram Industries Limited (DCMSRIND) AI Stock Analysis

• Market Cap: ₹14.24B
• Dividend Yield: 1.23%
• Average Volume (3M): 11.71K
• Price to Earnings (P/E): 16.4
• Beta (1Y): 1.01
• Revenue Growth: -5.59%
• EPS Growth: -27.31%
• Country: IN
• Employees: 2,372
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Food Confectioners
• EPS (TTM): 1.94
• Shares Outstanding: 86,992,180
• 10 Day Avg. Volume: 17,439
• 30 Day Avg. Volume: 11,714
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹173.00
• Price Target Upside: 5.65% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 61 Neutral
• Price Target: ₹173.00 ▲(5.65% Upside)

The overall stock score is driven by moderate financial performance and valuation, with technical analysis indicating a bearish trend. The company's strengths in debt management and profitability are offset by challenges in revenue growth and cash flow consistency.

DCM Shriram Industries Limited Business Overview & Revenue Model

Company Description

DCM Shriram Industries Limited produces and sells sugar, alcohol, power, chemicals, industrial fibers, and defence related products in India, Europe, Japan, China, and internationally. The company operates through three segments: Sugar, Industrial Fibres and Related Products, and Chemicals. It provides various sugar products comprising refined sugar for pharmaceutical and food companies, beverages, dairy products, confectionery, etc.; and sugar cubes and sachets for use in hotels, airlines, railways, hospitals, restaurants, clubs, fast food chains, caterers, and homes. The company also offers bulk alcohol products, such as rectified spirit, extra neutral alcohol, and anhydrous alcohol; and country liquor/IMFL. In addition, it provides various organic and fine chemical products for used in pharma, agrochemicals, fragrance/perfumery, dyes/paints/coatings, and other industries. Further, the company offers rayon products, including rayon yarns, rayon tyre cords, and treated rayon fabrics; nylon products, including chafer fabrics; and chemicals, such as anhydrous sodium sulphate and carbon-di-sulphide. Additionally, it is involved in the manufacture and sale light bullet proof vehicles, unmanned aerial vehicles, armoured vehicles, and drone under the Zebu brand, as well as chemical, cargo, and workshop containers; power generation activities; and provision of hand sanitizers. DCM Shriram Industries Limited was founded in 1889 and is based in New Delhi, India.

How the Company Makes Money

DCMSRIND generates revenue primarily through the manufacturing and sale of sugar, chemicals, and textiles. In the sugar segment, the company operates sugar mills where it processes sugarcane into sugar, ethanol, and other by-products, catering to both domestic and international markets. The chemicals segment focuses on producing industrial chemicals like caustic soda, chlorine, and hydrogen, which are essential inputs for various manufacturing industries. Additionally, the rayon and textile division deals in the production of high-grade rayon tire cord and other textile products used in the automotive and apparel industries. The company also benefits from strategic partnerships and government policies supporting the sugar and chemical industries, contributing to its financial stability and growth.

DCM Shriram Industries Limited Financial Statement Overview

Summary

DCM Shriram Industries Limited shows stable gross profit margins and improved cost management, but faces challenges in revenue growth and inconsistent free cash flow generation. The balance sheet is solid with manageable debt levels, but return on equity variability suggests room for improvement.

Income Statement

The company has demonstrated stable gross profit margins with slight fluctuations over the years. Despite a decrease in total revenue from 2023 to 2024, the company managed to increase its net income, showcasing improved cost management and efficiency. However, the net profit margin and EBIT margin have shown inconsistency, indicating some volatility in performance. The revenue growth has been erratic, with a noticeable drop in 2024, highlighting potential challenges in maintaining sales momentum. Overall, the profitability metrics suggest moderate performance with room for improvement in revenue generation.

Balance Sheet

DCM Shriram Industries Limited maintains a solid equity base with a healthy equity ratio, which suggests a stable financial foundation. The debt-to-equity ratio is manageable, indicating that the company is not overly leveraged, which reduces financial risk. Return on equity shows variability, reflecting fluctuations in profitability and efficiency in using shareholders' equity. The balance sheet reflects a cautiously positive outlook, with strengths in equity stability and debt management, though attention is needed on improving ROE consistency.

Cash Flow

The company has shown strong operating cash flow to net income ratios, indicating effective conversion of earnings into cash. However, free cash flow generation has been inconsistent, with significant negative figures in earlier years. Although there is a positive free cash flow trend in recent periods, the growth rate has been volatile, suggesting challenges in sustaining cash flow improvements. The cash flow statement indicates operational vigor but highlights the need for better capital expenditure management to ensure stable free cash flow generation.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2020
Income Statement
Total Revenue	20.78B	20.52B	20.83B	23.27B	20.95B	18.71B
Gross Profit	7.23B	5.91B	7.82B	7.46B	6.09B	4.89B
EBITDA	2.50B	2.30B	2.47B	1.60B	1.65B	1.74B
Net Income	1.16B	1.01B	1.15B	601.60M	662.43M	647.56M
Balance Sheet
Total Assets	0.00	23.11B	21.99B	19.51B	17.79B	16.81B
Cash, Cash Equivalents and Short-Term Investments	960.20M	996.90M	554.16M	3.22B	318.73M	803.60M
Total Debt	0.00	5.34B	5.29B	5.10B	5.60B	5.08B
Total Liabilities	-8.70B	14.12B	13.84B	12.34B	11.07B	10.64B
Stockholders Equity	8.70B	8.99B	8.15B	7.17B	6.72B	6.17B
Cash Flow
Free Cash Flow	0.00	432.10M	409.06M	1.16B	-757.58M	1.68B
Operating Cash Flow	0.00	1.22B	766.36M	1.69B	590.26M	2.25B
Investing Cash Flow	0.00	-933.52M	-432.53M	-678.80M	-711.52M	-983.93M
Financing Cash Flow	0.00	-133.82M	-223.99M	-1.01B	4.98M	-1.50B

DCM Shriram Industries Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 163.75
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:DCMSRIND, the sentiment is Negative. The current price of 163.75 is below the 20-day moving average (MA) of 165.06, below the 50-day MA of 166.28, and below the 200-day MA of 170.34, indicating a bearish trend. The MACD of 0.86 indicates Negative momentum. The RSI at 46.17 is Neutral, neither overbought nor oversold. The STOCH value of 31.85 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:DCMSRIND.

DCM Shriram Industries Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DALMIASUG	72 Outperform	₹28.07B	7.58	11.96%	1.73%	23.22%	39.31%
BALRAMCHIN	62 Neutral	₹91.15B	21.78	11.51%	0.66%	-1.59%	-21.28%
DCMSRIND	61 Neutral	₹14.24B	16.38	―	1.23%	-5.59%	-27.31%
BANARISUG	59 Neutral	₹45.43B	40.03	5.88%	0.35%	-17.59%	-21.81%
TRIVENI	54 Neutral	₹73.97B	34.19	7.82%	0.74%	12.47%	-39.71%
RENUKA	48 Neutral	₹64.41B	-16.21	17.89%	―	-21.05%	39.29%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%