How was the Q4 performance of DCM Shriram?
Answer
Answer
Answer
DCM Shriram Ltd reported 31.17% higher sales revenues yoy for Mar-22 quarter at Rs2,873.27 crore. FY22 revenues were up by 18.6% at Rs9,849 crore on a yoy basis. Revenues of the company were higher across major verticals like choro vinyl, farm solutions and fertilizers. On the other hand, revenues from sugar business and bio-seeds business were lower. Net cash from operations fell 33% in FY22 due to higher inventory costs.
DCM Shriram Ltd
Rs in Crore
Mar-22
Mar-21
YOY
Dec-21
QOQ
Total Income (Rs cr)
₹ 2,873.27
₹ 2,190.56
31.17%
₹ 2,790.78
2.96%
Net Profit (Rs cr)
₹ 401.19
₹ 231.72
73.14%
₹ 349.79
14.69%
Diluted EPS (Rs)
₹ 25.73
₹ 14.86
₹ 22.43
Net Margins
13.96%
10.58%
12.53%
PAT for Q4 was up 73.14% at Rs401.19 crore helped along by a whopping 164% spike in the operating profits from chloro vinyl business. Consolidated operating profits were up by 72% at Rs630 crore, despite a steep rise in power and raw material costs in the quarter. Net margins were higher in Q4 at 13.96% compared to 10.58% in Mar-21 quarter. DCM Shriram declared final dividend of Rs.4.90 per share taking total dividend for the year to Rs.14.70 per share.