DCM Shriram Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 3, 2025, 1:35 am

Market Cap	16,742 Cr.
Current Price	1,078
High / Low	1,371/885
Stock P/E	30.8
Book Value	426
Dividend Yield	0.61 %
ROCE	8.99 %
ROE	6.60 %
Face Value	2.00
PEG Ratio	-7.32

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for DCM Shriram Ltd

Competitors of DCM Shriram Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
NESCO Ltd	6,628 Cr.	943	1,082/780	16.9	345	0.64 %	22.4 %	17.0 %	2.00
DCM Shriram Ltd	16,742 Cr.	1,078	1,371/885	30.8	426	0.61 %	8.99 %	6.60 %	2.00
Balmer Lawrie & Company Ltd	3,249 Cr.	190	320/147	12.5	104	4.47 %	15.6 %	14.7 %	10.0
3M India Ltd	32,207 Cr.	28,671	41,000/25,714	52.7	1,906	0.56 %	40.5 %	30.5 %	10.0
Industry Average	14,706.50 Cr	7,720.50		28.23	695.25	1.57%	21.87%	17.20%	6.00

All Competitor Stocks of DCM Shriram Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	2,791	2,873	2,851	2,740	3,236	2,720	2,780	2,708	3,035	2,399	2,876	2,957	3,367
Expenses	2,202	2,239	2,415	2,470	2,682	2,374	2,614	2,594	2,590	2,134	2,629	2,776	2,871
Operating Profit	589	635	436	270	554	346	166	114	445	265	248	181	496
OPM %	21%	22%	15%	10%	17%	13%	6%	4%	15%	11%	9%	6%	15%
Other Income	25	28	28	32	33	26	17	22	35	24	26	54	41
Interest	17	17	17	11	13	12	25	15	15	32	29	38	43
Depreciation	61	61	61	63	66	71	72	74	77	80	86	101	109
Profit before tax	536	585	387	228	509	289	86	47	389	177	158	96	386
Tax %	35%	31%	34%	44%	33%	35%	34%	32%	38%	33%	37%	34%	32%
Net Profit	350	401	254	128	342	187	57	32	240	118	100	63	262
EPS in Rs	22.43	25.73	16.29	8.22	21.94	11.97	3.63	2.07	15.42	7.55	6.43	4.03	16.81

Last Updated: March 3, 2025, 4:49 pm

Below is a detailed analysis of the quarterly data for DCM Shriram Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is ₹3,367.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,957.00 Cr. (Sep 2024) to ₹3,367.00 Cr., marking an increase of 410.00 Cr..
For Expenses, as of Dec 2024, the value is ₹2,871.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2,776.00 Cr. (Sep 2024) to ₹2,871.00 Cr., marking an increase of 95.00 Cr..
For Operating Profit, as of Dec 2024, the value is ₹496.00 Cr.. The value appears strong and on an upward trend. It has increased from 181.00 Cr. (Sep 2024) to ₹496.00 Cr., marking an increase of 315.00 Cr..
For OPM %, as of Dec 2024, the value is 15.00%. The value appears strong and on an upward trend. It has increased from 6.00% (Sep 2024) to 15.00%, marking an increase of 9.00%.
For Other Income, as of Dec 2024, the value is ₹41.00 Cr.. The value appears to be declining and may need further review. It has decreased from 54.00 Cr. (Sep 2024) to ₹41.00 Cr., marking a decrease of 13.00 Cr..
For Interest, as of Dec 2024, the value is ₹43.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 38.00 Cr. (Sep 2024) to ₹43.00 Cr., marking an increase of 5.00 Cr..
For Depreciation, as of Dec 2024, the value is ₹109.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 101.00 Cr. (Sep 2024) to ₹109.00 Cr., marking an increase of 8.00 Cr..
For Profit before tax, as of Dec 2024, the value is ₹386.00 Cr.. The value appears strong and on an upward trend. It has increased from 96.00 Cr. (Sep 2024) to ₹386.00 Cr., marking an increase of 290.00 Cr..
For Tax %, as of Dec 2024, the value is 32.00%. The value appears to be improving (decreasing) as expected. It has decreased from 34.00% (Sep 2024) to 32.00%, marking a decrease of 2.00%.
For Net Profit, as of Dec 2024, the value is ₹262.00 Cr.. The value appears strong and on an upward trend. It has increased from 63.00 Cr. (Sep 2024) to ₹262.00 Cr., marking an increase of 199.00 Cr..
For EPS in Rs, as of Dec 2024, the value is 16.81. The value appears strong and on an upward trend. It has increased from 4.03 (Sep 2024) to 16.81, marking an increase of 12.78.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 4:29 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	5,539	6,182	5,639	5,780	5,788	6,900	7,771	7,767	8,308	9,627	11,547	10,922	11,600
Expenses	4,999	5,673	5,240	5,276	5,017	5,866	6,402	6,575	7,156	7,831	9,941	9,932	10,410
Operating Profit	540	509	399	505	771	1,035	1,369	1,192	1,152	1,796	1,606	991	1,190
OPM %	10%	8%	7%	9%	13%	15%	18%	15%	14%	19%	14%	9%	10%
Other Income	-20	50	52	41	47	56	88	88	92	92	120	99	145
Interest	155	149	112	85	71	83	119	164	122	85	53	88	143
Depreciation	147	138	110	98	114	141	157	219	233	238	260	303	376
Profit before tax	219	272	228	362	633	867	1,180	897	889	1,565	1,413	699	816
Tax %	7%	11%	8%	17%	13%	23%	24%	20%	24%	32%	36%	36%
Net Profit	203	242	211	301	552	669	904	722	674	1,067	911	447	543
EPS in Rs	12.23	14.85	12.98	18.58	33.97	41.22	56.99	45.96	43.17	68.45	58.41	28.67	34.82
Dividend Payout %	13%	14%	17%	17%	17%	20%	17%	18%	22%	22%	24%	23%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	19.21%	-12.81%	42.65%	83.39%	21.20%	35.13%	-20.13%	-6.65%	58.31%	-14.62%	-50.93%
Change in YoY Net Profit Growth (%)	0.00%	-32.02%	55.46%	40.73%	-62.19%	13.93%	-55.26%	13.48%	64.96%	-72.93%	-36.31%

DCM Shriram Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	6%
5 Years:	7%
3 Years:	10%
TTM:	3%

Compounded Profit Growth
10 Years:	6%
5 Years:	-14%
3 Years:	-14%
TTM:	5%

Stock Price CAGR
10 Years:	24%
5 Years:	39%
3 Years:	-3%
1 Year:	15%

Return on Equity
10 Years:	17%
5 Years:	15%
3 Years:	14%
Last Year:	7%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 12:38 am

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	33	33	33	33	33	33	31	31	31	31	31	31	31
Reserves	1,462	1,654	1,826	2,058	2,495	3,007	3,494	4,018	4,617	5,470	6,162	6,491	6,611
Borrowings	1,557	1,177	760	1,064	1,074	756	1,610	2,150	1,521	1,577	1,707	2,152	2,203
Other Liabilities	1,699	1,988	1,798	1,852	1,972	1,857	2,001	1,935	1,621	2,290	2,819	2,874	3,255
Total Liabilities	4,751	4,852	4,417	5,007	5,574	5,652	7,136	8,135	7,790	9,369	10,720	11,547	12,101
Fixed Assets	1,565	1,513	1,443	1,428	2,022	2,211	2,690	3,499	3,360	3,408	4,105	4,222	5,974
CWIP	44	51	62	357	65	117	332	59	109	494	1,630	2,615	1,188
Investments	7	203	6	35	31	30	31	29	30	3	12	54	54
Other Assets	3,134	3,085	2,906	3,186	3,457	3,294	4,084	4,548	4,291	5,463	4,973	4,656	4,885
Total Assets	4,751	4,852	4,417	5,007	5,574	5,652	7,136	8,135	7,790	9,369	10,720	11,547	12,101

Below is a detailed analysis of the balance sheet data for DCM Shriram Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹31.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 31.00 Cr..
For Reserves, as of Sep 2024, the value is ₹6,611.00 Cr.. The value appears strong and on an upward trend. It has increased from 6,491.00 Cr. (Mar 2024) to ₹6,611.00 Cr., marking an increase of 120.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹2,203.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 2,152.00 Cr. (Mar 2024) to ₹2,203.00 Cr., marking an increase of 51.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹3,255.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2,874.00 Cr. (Mar 2024) to ₹3,255.00 Cr., marking an increase of 381.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹12,101.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 11,547.00 Cr. (Mar 2024) to ₹12,101.00 Cr., marking an increase of 554.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹5,974.00 Cr.. The value appears strong and on an upward trend. It has increased from 4,222.00 Cr. (Mar 2024) to ₹5,974.00 Cr., marking an increase of 1,752.00 Cr..
For CWIP, as of Sep 2024, the value is ₹1,188.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2,615.00 Cr. (Mar 2024) to ₹1,188.00 Cr., marking a decrease of 1,427.00 Cr..
For Investments, as of Sep 2024, the value is ₹54.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 54.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹4,885.00 Cr.. The value appears strong and on an upward trend. It has increased from 4,656.00 Cr. (Mar 2024) to ₹4,885.00 Cr., marking an increase of 229.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹12,101.00 Cr.. The value appears strong and on an upward trend. It has increased from 11,547.00 Cr. (Mar 2024) to ₹12,101.00 Cr., marking an increase of 554.00 Cr..

Notably, the Reserves (₹6,611.00 Cr.) exceed the Borrowings (2,203.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	319	969	167	100	772	827	775	496	1,887	1,224	1,296	794
Cash from Investing Activity +	40	-200	228	-326	-411	-321	-803	-518	-642	-888	-1,543	-1,070
Cash from Financing Activity +	-443	-585	-594	166	-185	-571	277	183	-918	-275	-235	169
Net Cash Flow	-84	184	-200	-59	176	-65	248	161	327	62	-482	-107

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	539.00	508.00	-361.00	504.00	770.00	-755.00	0.00	-1.00	0.00	0.00	0.00	989.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	68	61	69	81	63	48	49	51	23	34	27	22
Inventory Days	148	105	120	141	194	163	190	208	146	190	153	168
Days Payable	114	120	119	123	138	110	113	89	57	79	65	65
Cash Conversion Cycle	102	47	71	100	120	100	126	170	111	145	115	124
Working Capital Days	85	46	65	77	67	64	73	102	64	67	52	58
ROCE %	14%	14%	12%	15%	21%	25%	29%	19%	16%	24%	19%	9%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	66.52%	66.52%	66.53%	66.53%	66.53%	66.53%	66.53%	66.53%	66.53%	66.53%	66.53%	66.53%
FIIs	3.02%	3.05%	2.97%	2.74%	2.67%	2.58%	2.86%	3.41%	3.76%	3.74%	3.77%	3.99%
DIIs	8.89%	8.77%	8.62%	8.82%	8.81%	8.66%	8.50%	8.37%	8.07%	8.07%	7.66%	7.64%
Government	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%
Public	20.43%	20.59%	20.84%	20.86%	20.97%	21.26%	21.18%	20.74%	20.70%	20.77%	21.28%	21.10%
Others	1.11%	1.05%	1.01%	1.04%	1.01%	0.96%	0.92%	0.94%	0.92%	0.87%	0.72%	0.71%
No. of Shareholders	64,118	64,499	61,745	58,415	57,796	58,870	55,811	55,157	57,171	60,148	58,120	59,837

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Tata Equity P/E Fund - Regular Plan	512,612	0.92	55.85	461	2025-04-02	111095.66%
Tata Equity P/E Fund - Regular Plan - Trigger Option A 5%	512,612	0.92	55.85	461	2025-04-02	111095.66%
Nippon India Nifty Smallcap 250 Index Fund	29,218	0.38	2.71	461	2025-04-02	6237.96%
ICICI Prudential Nifty Smallcap 250 Index Fund	6,848	0.43	0.75	461	2025-04-02	1385.47%
HDFC NIFTY Smallcap 250 ETF	3,127	0.43	0.34	461	2025-04-02	578.31%
HDFC Nifty Smallcap 250 Index Fund	2,425	0.43	0.26	461	2025-04-02	426.03%
ICICI Prudential S&P BSE 500 ETF	461	0.04	0.05	461	2025-04-02	0%
HDFC S&P BSE 500 Index Fund	64	0.04	0.01	461	2025-04-02	-86.12%
HDFC S&P BSE 500 ETF	25	0.04	0	461	2025-04-02	-94.58%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	2.00	2.00	2.00	2.00	2.00
Basic EPS (Rs.)	28.67	58.41	68.45	43.17	46.91
Diluted EPS (Rs.)	28.67	58.41	68.45	43.17	45.96
Cash EPS (Rs.)	47.85	74.70	83.19	57.76	59.87
Book Value[Excl.RevalReserv]/Share (Rs.)	416.08	395.14	350.99	296.53	258.75
Book Value[Incl.RevalReserv]/Share (Rs.)	416.08	395.14	350.99	296.53	258.75
Revenue From Operations / Share (Rs.)	696.81	736.65	614.19	530.03	495.51
PBDIT / Share (Rs.)	69.49	110.12	120.47	79.39	82.61
PBIT / Share (Rs.)	50.16	93.52	105.29	64.51	68.63
PBT / Share (Rs.)	44.58	90.15	99.84	56.73	57.24
Net Profit / Share (Rs.)	28.52	58.11	68.01	42.89	45.90
NP After MI And SOA / Share (Rs.)	28.52	58.11	68.09	42.96	45.72
PBDIT Margin (%)	9.97	14.94	19.61	14.97	16.67
PBIT Margin (%)	7.19	12.69	17.14	12.17	13.85
PBT Margin (%)	6.39	12.23	16.25	10.70	11.55
Net Profit Margin (%)	4.09	7.88	11.07	8.09	9.26
NP After MI And SOA Margin (%)	4.09	7.88	11.08	8.10	9.22
Return on Networth / Equity (%)	6.85	14.70	19.40	14.48	17.69
Return on Capital Employeed (%)	8.95	17.97	23.60	16.93	19.96
Return On Assets (%)	3.87	8.49	11.39	8.64	8.80
Long Term Debt / Equity (X)	0.21	0.18	0.17	0.21	0.24
Total Debt / Equity (X)	0.31	0.26	0.27	0.27	0.50
Asset Turnover Ratio (%)	0.98	1.15	1.11	1.03	1.00
Current Ratio (X)	1.62	1.84	2.18	2.29	1.61
Quick Ratio (X)	0.64	0.90	1.21	1.30	0.81
Inventory Turnover Ratio (X)	2.09	2.04	1.92	1.68	1.61
Dividend Payout Ratio (NP) (%)	26.50	26.19	19.86	-12.73	21.32
Dividend Payout Ratio (CP) (%)	15.80	20.37	16.24	-9.46	16.33
Earning Retention Ratio (%)	73.50	73.81	80.14	0.00	78.68
Cash Earning Retention Ratio (%)	84.20	79.63	83.76	0.00	83.67
Interest Coverage Ratio (X)	12.44	32.69	22.12	10.20	7.90
Interest Coverage Ratio (Post Tax) (X)	6.11	18.25	13.49	6.51	5.48
Enterprise Value (Cr.)	14894.61	12389.38	17624.91	7800.09	4862.87
EV / Net Operating Revenue (X)	1.36	1.07	1.83	0.93	0.62
EV / EBITDA (X)	13.67	7.18	9.33	6.27	3.76
MarketCap / Net Operating Revenue (X)	1.23	1.02	1.84	0.94	0.43
Retention Ratios (%)	73.49	73.80	80.13	0.00	78.67
Price / BV (X)	2.07	1.89	3.22	1.69	0.83
Price / Net Operating Revenue (X)	1.23	1.02	1.84	0.94	0.43
EarningsYield	0.03	0.07	0.06	0.08	0.21

After reviewing the key financial ratios for DCM Shriram Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 2.00.
For Basic EPS (Rs.), as of Mar 24, the value is 28.67. This value is within the healthy range. It has decreased from 58.41 (Mar 23) to 28.67, marking a decrease of 29.74.
For Diluted EPS (Rs.), as of Mar 24, the value is 28.67. This value is within the healthy range. It has decreased from 58.41 (Mar 23) to 28.67, marking a decrease of 29.74.
For Cash EPS (Rs.), as of Mar 24, the value is 47.85. This value is within the healthy range. It has decreased from 74.70 (Mar 23) to 47.85, marking a decrease of 26.85.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 416.08. It has increased from 395.14 (Mar 23) to 416.08, marking an increase of 20.94.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 416.08. It has increased from 395.14 (Mar 23) to 416.08, marking an increase of 20.94.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 696.81. It has decreased from 736.65 (Mar 23) to 696.81, marking a decrease of 39.84.
For PBDIT / Share (Rs.), as of Mar 24, the value is 69.49. This value is within the healthy range. It has decreased from 110.12 (Mar 23) to 69.49, marking a decrease of 40.63.
For PBIT / Share (Rs.), as of Mar 24, the value is 50.16. This value is within the healthy range. It has decreased from 93.52 (Mar 23) to 50.16, marking a decrease of 43.36.
For PBT / Share (Rs.), as of Mar 24, the value is 44.58. This value is within the healthy range. It has decreased from 90.15 (Mar 23) to 44.58, marking a decrease of 45.57.
For Net Profit / Share (Rs.), as of Mar 24, the value is 28.52. This value is within the healthy range. It has decreased from 58.11 (Mar 23) to 28.52, marking a decrease of 29.59.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 28.52. This value is within the healthy range. It has decreased from 58.11 (Mar 23) to 28.52, marking a decrease of 29.59.
For PBDIT Margin (%), as of Mar 24, the value is 9.97. This value is below the healthy minimum of 10. It has decreased from 14.94 (Mar 23) to 9.97, marking a decrease of 4.97.
For PBIT Margin (%), as of Mar 24, the value is 7.19. This value is below the healthy minimum of 10. It has decreased from 12.69 (Mar 23) to 7.19, marking a decrease of 5.50.
For PBT Margin (%), as of Mar 24, the value is 6.39. This value is below the healthy minimum of 10. It has decreased from 12.23 (Mar 23) to 6.39, marking a decrease of 5.84.
For Net Profit Margin (%), as of Mar 24, the value is 4.09. This value is below the healthy minimum of 5. It has decreased from 7.88 (Mar 23) to 4.09, marking a decrease of 3.79.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 4.09. This value is below the healthy minimum of 8. It has decreased from 7.88 (Mar 23) to 4.09, marking a decrease of 3.79.
For Return on Networth / Equity (%), as of Mar 24, the value is 6.85. This value is below the healthy minimum of 15. It has decreased from 14.70 (Mar 23) to 6.85, marking a decrease of 7.85.
For Return on Capital Employeed (%), as of Mar 24, the value is 8.95. This value is below the healthy minimum of 10. It has decreased from 17.97 (Mar 23) to 8.95, marking a decrease of 9.02.
For Return On Assets (%), as of Mar 24, the value is 3.87. This value is below the healthy minimum of 5. It has decreased from 8.49 (Mar 23) to 3.87, marking a decrease of 4.62.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.21. This value is within the healthy range. It has increased from 0.18 (Mar 23) to 0.21, marking an increase of 0.03.
For Total Debt / Equity (X), as of Mar 24, the value is 0.31. This value is within the healthy range. It has increased from 0.26 (Mar 23) to 0.31, marking an increase of 0.05.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.98. It has decreased from 1.15 (Mar 23) to 0.98, marking a decrease of 0.17.
For Current Ratio (X), as of Mar 24, the value is 1.62. This value is within the healthy range. It has decreased from 1.84 (Mar 23) to 1.62, marking a decrease of 0.22.
For Quick Ratio (X), as of Mar 24, the value is 0.64. This value is below the healthy minimum of 1. It has decreased from 0.90 (Mar 23) to 0.64, marking a decrease of 0.26.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 2.09. This value is below the healthy minimum of 4. It has increased from 2.04 (Mar 23) to 2.09, marking an increase of 0.05.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 26.50. This value is within the healthy range. It has increased from 26.19 (Mar 23) to 26.50, marking an increase of 0.31.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 15.80. This value is below the healthy minimum of 20. It has decreased from 20.37 (Mar 23) to 15.80, marking a decrease of 4.57.
For Earning Retention Ratio (%), as of Mar 24, the value is 73.50. This value exceeds the healthy maximum of 70. It has decreased from 73.81 (Mar 23) to 73.50, marking a decrease of 0.31.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 84.20. This value exceeds the healthy maximum of 70. It has increased from 79.63 (Mar 23) to 84.20, marking an increase of 4.57.
For Interest Coverage Ratio (X), as of Mar 24, the value is 12.44. This value is within the healthy range. It has decreased from 32.69 (Mar 23) to 12.44, marking a decrease of 20.25.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 6.11. This value is within the healthy range. It has decreased from 18.25 (Mar 23) to 6.11, marking a decrease of 12.14.
For Enterprise Value (Cr.), as of Mar 24, the value is 14,894.61. It has increased from 12,389.38 (Mar 23) to 14,894.61, marking an increase of 2,505.23.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 1.36. This value is within the healthy range. It has increased from 1.07 (Mar 23) to 1.36, marking an increase of 0.29.
For EV / EBITDA (X), as of Mar 24, the value is 13.67. This value is within the healthy range. It has increased from 7.18 (Mar 23) to 13.67, marking an increase of 6.49.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 1.23. This value is within the healthy range. It has increased from 1.02 (Mar 23) to 1.23, marking an increase of 0.21.
For Retention Ratios (%), as of Mar 24, the value is 73.49. This value exceeds the healthy maximum of 70. It has decreased from 73.80 (Mar 23) to 73.49, marking a decrease of 0.31.
For Price / BV (X), as of Mar 24, the value is 2.07. This value is within the healthy range. It has increased from 1.89 (Mar 23) to 2.07, marking an increase of 0.18.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 1.23. This value is within the healthy range. It has increased from 1.02 (Mar 23) to 1.23, marking an increase of 0.21.
For EarningsYield, as of Mar 24, the value is 0.03. This value is below the healthy minimum of 5. It has decreased from 0.07 (Mar 23) to 0.03, marking a decrease of 0.04.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of DCM Shriram Ltd as of April 4, 2025 is: 697.00

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 4, 2025, DCM Shriram Ltd is Overvalued by 35.34% compared to the current share price 1,078.00

Intrinsic Value of DCM Shriram Ltd as of April 4, 2025 is: 667.67

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of April 4, 2025, DCM Shriram Ltd is Overvalued by 38.06% compared to the current share price 1,078.00

Last 5 Year EPS CAGR: -4.21%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 18.08%, which is a positive sign. The company has higher reserves (3,797.31 cr) compared to borrowings (1,485.23 cr), indicating strong financial stability. The company has shown consistent growth in sales (7.31 cr) and profit (452.69 cr) over the years.	The stock has a high average Working Capital Days of 68.33, which may not be favorable. The stock has a high average Cash Conversion Cycle of 110.92, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in DCM Shriram Ltd:
1. Net Profit Margin: 4.09%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 8.95% (Industry Average ROCE: 21.87%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 6.85% (Industry Average ROE: 17.2%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 6.11
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.64
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 30.8 (Industry average Stock P/E: 28.23)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.31
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

DCM Shriram Ltd. is a Public Limited Listed company incorporated on 06/02/1989 and has its registered office in the State of Delhi, India. Company's Corporate Identification Number(CIN) is L74899DL1989PLC034923 and registration number is 034923. Currently Company is involved in the business activities of Manufacture of sugar. Company's Total Operating Revenue is Rs. 10662.08 Cr. and Equity Capital is Rs. 31.35 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Diversified	2nd Floor (West Wing), New Delhi Delhi 110037	response@dcmshriram.com http://www.dcmshriram.com

Management
Name	Position Held
Mr. Ajay S Shriram	Chairman & Sr.Mng.Director
Mr. Vikram S Shriram	Vice Chairman & Mng.Director
Mr. Ajit S Shriram	Joint Managing Director
Mr. Aditya A Shriram	Deputy Managing Director
Mr. K K Sharma	Whole Time Director
Mr. Pradeep Dinodia	Ind. Non-Executive Director
Mr. Sunil Kant Munjal	Ind. Non-Executive Director
Mr. Vimal Bhandari	Ind. Non-Executive Director
Ms. Ramni Nirula	Ind. Non-Executive Director
Mr. Pravesh Sharma	Ind. Non-Executive Director
Justice(Retd) Vikramajit Sen	Ind. Non-Executive Director
Mr. Rabinarayan Mishra	Nominee Director

FAQ

What is the intrinsic value of DCM Shriram Ltd?

DCM Shriram Ltd's intrinsic value (as of 03 April 2025) is ₹697.00 — 35.34% lower the current market price of ₹1,078.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 16,742 Cr. market cap, FY2025-2026 high/low of ₹1,371/885, reserves of 6,611 Cr, and liabilities of 12,101 Cr.

What is the Market Cap of DCM Shriram Ltd?

The Market Cap of DCM Shriram Ltd is 16,742 Cr..

What is the current Stock Price of DCM Shriram Ltd as on 03 April 2025?

The current stock price of DCM Shriram Ltd as on 03 April 2025 is 1,078.

What is the High / Low of DCM Shriram Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of DCM Shriram Ltd stocks is ₹1,371/885.

What is the Stock P/E of DCM Shriram Ltd?

The Stock P/E of DCM Shriram Ltd is 30.8.

What is the Book Value of DCM Shriram Ltd?

The Book Value of DCM Shriram Ltd is 426.

What is the Dividend Yield of DCM Shriram Ltd?

The Dividend Yield of DCM Shriram Ltd is 0.61 %.

What is the ROCE of DCM Shriram Ltd?

The ROCE of DCM Shriram Ltd is 8.99 %.

What is the ROE of DCM Shriram Ltd?

The ROE of DCM Shriram Ltd is 6.60 %.

What is the Face Value of DCM Shriram Ltd?

The Face Value of DCM Shriram Ltd is 2.00.