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DCM Shriram Ltd.

BSE: 523367 | NSE: DCMSHRIRAM |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE499A01024 | SECTOR: Diversified

BSE Live

Dec 02, 16:00
985.00 -5.05 (-0.51%)
Volume
AVERAGE VOLUME
5-Day
2,161
10-Day
3,034
30-Day
6,459
930
  • Prev. Close

    990.05

  • Open Price

    996.40

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    0.00 (0)

NSE Live

Dec 02, 15:40
986.95 -3.30 (-0.33%)
Volume
AVERAGE VOLUME
5-Day
32,455
10-Day
41,263
30-Day
71,782
26,428
  • Prev. Close

    990.25

  • Open Price

    999.85

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    0.00 (0)

Annual Report

For Year :
2018 2017 2016 2015 2014 2013 2012 2011 2010

Chairman's Speech

Dear Friends, We are pleased to report a sustained healthy financial performance for the year. Our efforts over last couple of years to build inherent strength in our operations, has enabled us to deliver consistent results. The key steps taken in this direction are: 1. Sustained cost rationalization initiatives across manufacturing operations using innovative measures, to enable cost competitiveness of products in the market place. In the current year the Company commissioned another Electrolyser to enable cost effectiveness in Chlor-Alkali business. 2. Developing Bioseed and Shriram Farm solutions into substantial businesses 3. Focused efforts on Sugarcane development has led to achieving higher sugar recovery 4. Fenesta Business has been turned around with breakeven at operating level, and is set for the next level of growth. 5. Conserving healthy cash flows has provided financial strength and flexibility to grow in future. The Company has over the period made some changes in its business portfolio: 1. Rationalization of Hariyali Business has ensured that the Company is not losing anymore cash in this business. 2. It has entered into a 50:50 Joint venture for its Polymer compounding business with Axiall LLC USA. The JV will be able to access latest technology from Axiall and add value to its product portfolio. 3. It has completely exited the Textile business. The steps taken to strengthen the Company are reflected in its strong financials and have laid the foundation for the Company to enter growth phase and deliver better returns. The Company is evaluating various growth options which include expansion in Chlor Alkali, adding value to Sugar by-products, building stronger product portfolio and supply chain in Farm Inputs, and further strengthening the cost structures. Going forward we expect the Company to consolidate the steps taken over last few years to deliver sustained performance and enable future growth. Your Company''s commitment towards investing in its people resources has been strong. We are fortunate to have the talent as we see today in our organization, across all disciplines and at all levels. Their dedication has helped in making DCM Shriram Ltd. the company it is today. High standard of corporate governance is a strong focus in your Company. We are continuously taking steps to strengthen and update the same by adopting and institutionalizing best practices. As a responsible corporate citizen, we continue to pursue initiatives relating to education, health, infrastructure, farm income etc., which are aimed at improving the well being of society. We would like to express our gratitude to all members of the board, employees, suppliers, customers, business associates, government agencies, lenders and shareholders who have played an important part in our progress across varied businesses. With their support, we are confident of delivering superior value to all our stakeholders. With best wishes, (Vikram S. Shriram) (Ajay S. Shriram) Vice Chairman & Chairman & Managing Director Sr. Managing Director