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DCM Shriram Limited - 523367 - Announcement under Regulation 30 (LODR)-Newspaper Publication

We enclose copies of the newspaper advertisements published in the Business Standard (English & Hindi) on July 20, 2022 with respect to the unaudited financial results for quarter ended on June 30, 2022.
20-07-2022
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DCM Shriram Limited - 523367 - Shareholder Meeting / Postal Ballot-Outcome of AGM

Summary of proceedings of 33 Annual General Meeting of the Company under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirement) Requlations, 2015
20-07-2022
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DCM Shriram Limited - 523367 - Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s

Pursuant to the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that tenure of M/s Price Waterhouse Chartered Accountants LLP (FRN No. 012754N/ N500016) as Statutory Auditors was expired on conclusion of the 33 Annual General Meeting of the Company. The shareholders have at their 33rd Annual General Meeting held on July 19, 2022 approved appointment of M/s Deloitte Haskins & Sells, Delhi, a firm of Chartered Accountants (FRN: 015125N) as Statutory Auditors of the Company, to hold office from the conclusion of the 33rd Annual General Meeting till the conclusion of 38th Annual General Meeting of the Company.
20-07-2022
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Q1FY23 Quarterly Result Announced for DCM Shriram Ltd.

Specialty Chemicals firm DCM Shriram Announced Q1FY23 Result : Net Revenue up 46% at Rs/Cr 2851 PBDIT up 55% at Rs/Cr 464 & PAT up 61% at Rs/Cr 254 Net Revenues for Q1 FY23 up 46% YoY at Rs/cr 2,851. Chloro-Vinyl up 90% at Rs/cr 1,140 driven by prices & volumes. Sugar up 26%, at Rs/cr 710* driven by higher volumes and prices. Fenesta up 54% at Rs/cr 167 led by volumes and prices in both project & retail segment PBDIT for Q1 FY23 up 55% YoY at Rs/cr 464. Chemical up 227% at Rs/cr 368 due to better margins & volumes Fenesta up 168% at Rs/cr 32 led by higher volumes & better margins in retail segment Sugar down 49% at Rs/cr 22 led by lower margins in sugar due to increased cost of production consequents to increase in SAP & lower recoveries in last season. Projects under implementation in Chemicals and Sugar, aggregating Rs/cr 3,500 approximately, are progressing well and scheduled to be commissioned in next 12 months ROCE is higher at 37% vs 23% in June’21. Commenting on the performance for the quarter and period ending March 2022, in a joint statement, Mr. Ajay Shriram, Chairman & Senior Managing Director, and Mr. Vikram Shriram, Vice Chairman & Managing Director, said We are witnessing very high inflation levels across the globe after many decades. There are supply chain disruptions, prices of key commodities are still elevated, Interest rates are rising, currencies across the globe are at historic lows against the US dollar and there is Russia-Ukraine conflict which is continuing. These have led to uncertain economic environment. With our strong businesses and balance sheet we are well placed to manage these uncertainties. Our operating and financial performance during the quarter continues to remain strong. Chemicals business has performed well, with cost pressures being more than compensated with increase in volumes and product prices. Some softening is likely with the reduction in global demand however overall returns are expected to remain reasonable and the cost improvement measures being taken will cushion our margins. Vinyl business is facing cost pressures however the margins are good. Sugar business is facing margin pressures in Sugar, however Ethanol earnings are stable. This season costs have gone up with increased in SAP as well as adverse climate factors. Sugar policy especially in UP requires better support from government. Ethanol continues to get fillip from the Government considering their target of 20% mandate by 2025, here again cane juice based ethanol requires a differentiated policy for UP given unfavorable cost dynamics. Fenesta & Shriram Farm Solutions businesses continue to witness good growth with new product portfolios & geographical expansion. Bioseed India has shown improvement despite delay in monsoons. We are investing close to Rs 3,500 crs in various projects primarily in Chemicals and Sugar business which are to be commissioned over the next 12 months and will be funded from internal accruals and debt. These projects will increase our scale, forward integration, new product lines along with bringing efficiencies and cost reduction. Some of these projects are directed towards creating wealth out of waste, building future capabilities and reducing carbon footprint.With comfortable balance sheet and cash flow we will continue to deliver growth on a sustained basis. Result PDF
19-07-2022
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DCM Shriram Limited - 523367 - Unaudited Financial Results 30.06.2022

Unaudited Financial Results 30.06.2022
19-07-2022
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DCM Shriram Limited - 523367 - Board Meeting Outcome for Unaudited Financial Results For The Quarter Ended 30.06.2022 And Outcome Of The Board Meeting

Unaudited Financial Results for the quarter ended 30.06.2022 and Outcome of the Board Meeting
19-07-2022
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DCM Shriram Limited - 523367 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Pursuant to the Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that a conference call for Analyst/Investor is scheduled to be held on Monday, July 25, 2022 at 4:00 pm (IST).
18-07-2022
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