This small-cap ethanol stock engaged in agriculture, chemicals, and building materials, producing urea, sugar, caustic soda, PVC, and Fenesta doors and windows across India, jumped 10 percent after the commissioning of a 12TPD compressed Biogas (CBG) capacity plant in Ajbapur, Uttar Pradesh.
Stock Price Movement:
With a market capitalization of Rs. 17,031.24 crores, the share of DCM Shriram Limited has reached an intraday high of Rs. 1,232.45 per equity share, rising nearly 10.15 percent from its previous day’s close price of Rs. 1,118.90. Since then, the stock has retreated and is currently trading at Rs. 1068.05 per equity share.
What Happened:
DCM Shriram Limited has successfully commissioned its 12 TPD Compressed Biogas (CBG) plant at the Ajbapur Unit on March 27, 2025. With an investment of Rs. 131.30 crore, the plant has now started commercial production.
The plant, produced as a byproduct of the sugar process, is an eco-friendly fuel that reduces greenhouse gas emissions and dependence on fossil fuels. This initiative supports the company’s sustainability goals while also creating an additional revenue stream.
Future Outlook:
The company’s investment plans focus on expanding chlorine-based products in the Chemicals division, improving aluminum extrusion in the Fenesta Building Systems division, and adding 74 MW of renewable energy to lower carbon emissions.
Manufacturing Facilities
DCM Shriram has manufacturing units in key locations, including fertilizer plants in Kota and Bharuch, sugar factories in Uttar Pradesh, and chloroalkali units in Bharuch. These facilities help the company produce efficiently and manage its supply chain effectively.
Business Overview:
DCM Shriram operates in three main sectors. Its Agri-Rural business focuses on urea, sugar, hybrid seeds, and crop care products. The Chloro-Vinyl division produces chemicals like caustic soda, PVC, and cement. Additionally, its Value-Added business includes Fenesta Building Systems, which makes UPVC and aluminum doors and windows.
Recent quarter results:
DCM Shriram Limited’s revenue has increased from Rs. 3,035 crore in Q3 FY24 to Rs. 3,367 crore in Q3 FY25, which has grown by 10.94 percent. The net profit has also grown by 9.17 percent from Rs. 240 crore in Q3 FY24 to Rs. 262 crore in Q3 FY25.
