News Earnings DCM Shriram International Limited Reports Q3 FY26 Financial Results Under Regulation 33DCM Shriram International Limited Reports Q3 FY26 Financial Results Under Regulation 33
DCM Shriram International Limited released its Q3 FY26 results showing net profit of ₹390 lakhs compared to ₹1,508 lakhs in Q3 FY25, with revenue from operations declining 18.62% to ₹11,844 lakhs. The company completed a significant corporate restructuring with NCLT approval, transferring net assets worth ₹22,495 lakhs and issuing 870 lakhs equity shares.
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DCM Shriram International Limited has released its unaudited financial results for the quarter and nine months ended 31 December 2025, pursuant to Regulation 33 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The results show mixed performance with declining revenues but maintained profitability across both standalone and consolidated operations.
Quarterly Financial Performance
The company's financial performance for the third quarter of FY26 showed a decline compared to the previous year. Net sales dropped significantly while the company maintained operational efficiency despite challenging market conditions.
| Metric: | Q3 FY26 | Q3 FY25 | Change (%) |
|---|---|---|---|
| Net Sales: | ₹11,556 lakhs | ₹14,132 lakhs | -18.22% |
| Revenue from Operations: | ₹11,844 lakhs | ₹14,554 lakhs | -18.62% |
| Total Income: | ₹12,129 lakhs | ₹14,921 lakhs | -18.71% |
| Net Profit: | ₹390 lakhs | ₹1,508 lakhs | -74.14% |
| Earnings per Share: | ₹0.45 | ₹1.73 | -73.99% |
Nine-Month Performance Analysis
For the nine-month period ended 31 December 2025, the company experienced substantial revenue contraction while managing to maintain positive profitability. The performance reflects the ongoing impact of market conditions and operational adjustments.
| Parameter: | 9M FY26 | 9M FY25 | Variance (%) |
|---|---|---|---|
| Revenue from Operations: | ₹33,480 lakhs | ₹45,344 lakhs | -26.16% |
| Net Profit: | ₹415 lakhs | ₹5,271 lakhs | -92.13% |
| Total Comprehensive Income: | ₹401 lakhs | ₹5,316 lakhs | -92.46% |
| Basic EPS: | ₹0.48 | ₹6.06 | -92.08% |
Corporate Restructuring Impact
A significant development during the quarter was the implementation of a composite scheme of arrangement that became effective on December 17, 2025. The National Company Law Tribunal (NCLT) sanctioned the scheme on November 21, 2025, with an appointed date of April 1, 2023.
| Restructuring Details: | Amount/Description |
|---|---|
| Net Assets Transferred: | ₹22,495 lakhs |
| Surplus in P&L: | ₹10,651 lakhs |
| Equity Shares Issued: | 870 lakhs shares of ₹2 each |
| Capital Reserve Created: | ₹10,106 lakhs |
DCM Hyundai Limited became an associate company as part of this restructuring.
Operational Highlights
The company operates in the industrial fibres and related products segment as its primary business. During the quarter, several operational metrics reflected the challenging business environment:
| Expense Category: | Q3 FY26 | Q3 FY25 | Change |
|---|---|---|---|
| Cost of Materials Consumed: | ₹3,686 lakhs | ₹6,366 lakhs | -42.08% |
| Employee Benefits Expense: | ₹1,974 lakhs | ₹2,060 lakhs | -4.17% |
| Other Expenses: | ₹4,155 lakhs | ₹5,327 lakhs | -22.01% |
Regulatory Compliance and Governance
The company has implemented provisions related to new labour codes notified by the Government of India on November 21, 2025. These codes consolidate 29 existing labour laws and the company has recorded a provision of ₹43 lakhs based on its existing remuneration structure.
The financial results were reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on March 06, 2026. The Board meeting commenced at 12:30 PM and concluded at 02:00 PM. The statutory auditors conducted a limited review of the results without any material impact on the reported figures.
The company's equity shares were listed on BSE Ltd. and National Stock Exchange of India Ltd. with effect from February 17, 2026, making these the first published unaudited financial results following the listing.
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