Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 30 May, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of DCM Shriram Ltd

About the Company - DCM Shriram Ltd

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 Wholesale of agricultural raw materials and live animals. Company’s Total Operating Revenue is Rs. 9454.57 Cr. and Equity Capital is Rs. 31.35 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Diversified2nd Floor (West Wing), New Delhi Delhi 110037response@dcmshriram.com
http://www.dcmshriram.com
Management
NamePosition Held
Mr. Ajay S ShriramChairman & Sr.Mng.Director
Mr. Vikram S ShriramVice Chairman & Mng.Director
Mr. Ajit S ShriramJoint Managing Director
Mr. K K KaulWhole Time Director
Mr. K K SharmaWhole Time Director
Mr. Pradeep DinodiaInd. Non-Executive Director
Mr. Vimal BhandariInd. Non-Executive Director
Mr. Sunil Kant MunjalInd. Non-Executive Director
Ms. Ramni NirulaInd. Non-Executive Director
Mr. Pravesh SharmaInd. Non-Executive Director
Justice(Retd) Vikramajit SenInd. Non-Executive Director
Ms. Sarita GargNominee Director

Basic Stock Data of DCM Shriram Ltd

Last Updated: May 30, 2024, 5:52 am

Market Cap 15,108 Cr.
Current Price 969
High / Low1,175/817
Stock P/E33.8
Book Value 418
Dividend Yield1.45 %
ROCE9.49 %
ROE7.03 %
Face Value 2.00
PEG Ratio-11.54

DCM Shriram Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales2,1592,1911,9572,1452,7912,8732,8512,7403,2362,7202,7802,7083,035
Expenses1,7551,8301,6741,8552,2022,2392,4152,4702,6822,3742,6142,5942,590
Operating Profit404361283290589635436270554346166114445
OPM %19%16%14%14%21%22%15%10%17%13%6%4%15%
Other Income17311721252828323326172235
Interest28252723171717111312251515
Depreciation56585759616161636671727477
Profit before tax3373082162295365853872285092898647389
Tax %25%25%27%31%35%31%34%44%33%35%34%32%38%
Net Profit2532321581583504012541283421875732240
EPS in Rs16.2514.8610.1210.1622.4325.7316.298.2221.9411.973.632.0715.42

Last Updated: May 11, 2024, 12:07 pm

DCM Shriram Ltd Quarterly Chart

DCM Shriram Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales5,0395,5396,1825,6395,7805,7886,9007,7717,7678,3089,62711,54711,592
Expenses4,6934,9995,6735,2405,2765,0175,8666,4026,5757,1567,8319,94110,411
Operating Profit3465405093995057711,0351,3691,1921,1521,7961,6061,181
OPM %7%10%8%7%9%13%15%18%15%14%19%14%10%
Other Income-19-2050524147568888929212099
Interest160155149112857183119164122855365
Depreciation15714713811098114141157219233238260282
Profit before tax102192722283626338671,1808978891,5651,413932
Tax %-25%7%11%8%17%13%23%24%20%24%32%36%
Net Profit122032422113015526699047226741,067911618
EPS in Rs0.7212.2314.8512.9818.5833.9741.2256.9945.9643.1768.4558.4139.61
Dividend Payout %56%13%14%17%17%17%20%17%18%22%22%24%

DCM Shriram Ltd Profit & Loss Yearly Chart

DCM Shriram Ltd Growth

Compounded Sales Growth
10 Years:6%
5 Years:7%
3 Years:10%
TTM:-5%
Compounded Profit Growth
10 Years:7%
5 Years:-13%
3 Years:-12%
TTM:-50%
Stock Price CAGR
10 Years:23%
5 Years:11%
3 Years:12%
1 Year:15%
Return on Equity
10 Years:17%
5 Years:15%
3 Years:14%
Last Year:7%

Last Updated: May 15, 2024, 7:45 am

DCM Shriram Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital33333333333333313131313131
Reserves1,2821,4621,6541,8262,0582,4953,0073,4944,0184,6175,4706,1626,193
Borrowings1,8181,5571,1777601,0641,0747561,6102,1501,5211,5771,7071,539
Other Liabilities1,4951,6991,9881,7981,8521,9721,8572,0011,9351,6212,2902,8193,217
Total Liabilities4,6294,7514,8524,4175,0075,5745,6527,1368,1357,7909,36910,72010,981
Fixed Assets1,9111,5651,5131,4431,4282,0222,2112,6903,4993,3603,4084,1054,111
CWIP5444516235765117332591094941,6302,358
Investments117203635313031293031253
Other Assets2,6533,1343,0852,9063,1863,4573,2944,0844,5484,2915,4634,9734,459
Total Assets4,6294,7514,8524,4175,0075,5745,6527,1368,1357,7909,36910,72010,981

DCM Shriram Ltd Reserves and Borrowings Chart

DCM Shriram Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 2993199691671007728277754961,8871,2241,296
Cash from Investing Activity -8240-200228-326-411-321-803-518-642-888-1,543
Cash from Financing Activity -100-443-585-594166-185-571277183-918-275-235
Net Cash Flow116-84184-200-59176-6524816132762-482

DCM Shriram Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days526861698163484951233427
Inventory Days154148105120141194163190208146190153
Days Payable10011412011912313811011389577965
Cash Conversion Cycle1071024771100120100126170111145115
Working Capital Days6685466577676473102646753
ROCE %7%14%14%12%15%21%25%29%19%16%24%19%

DCM Shriram Ltd Financial Efficiency Indicators Chart

DCM Shriram Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters66.53%66.53%66.53%66.52%66.52%66.53%66.53%66.53%66.53%66.53%66.53%66.53%
FIIs2.82%3.01%2.98%3.02%3.05%2.97%2.74%2.67%2.58%2.86%3.41%3.76%
DIIs9.37%9.01%9.04%8.89%8.77%8.62%8.82%8.81%8.66%8.50%8.37%8.07%
Government0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%
Public20.22%20.42%20.36%20.43%20.59%20.84%20.86%20.97%21.26%21.18%20.74%20.70%
Others1.03%1.01%1.06%1.11%1.05%1.01%1.04%1.01%0.96%0.92%0.94%0.92%
No. of Shareholders45,59458,03654,12064,11864,49961,74558,41557,79658,87055,81155,15757,171

DCM Shriram Ltd Shareholding Pattern Chart

No. of DCM Shriram Ltd Shareholders

DCM Shriram Ltd ROCE Trend

DCM Shriram Ltd EPS Trend

DCM Shriram Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)58.4168.4543.1746.9157.09
Diluted EPS (Rs.)58.4168.4543.1745.9657.09
Cash EPS (Rs.)74.7083.1957.7659.8767.61
Book Value[Excl.RevalReserv]/Share (Rs.)395.14350.99296.53258.75224.97
Book Value[Incl.RevalReserv]/Share (Rs.)395.14350.99296.53258.75224.97
Revenue From Operations / Share (Rs.)736.65614.19530.03495.51495.77
PBDIT / Share (Rs.)110.12120.4779.3982.6192.91
PBIT / Share (Rs.)93.52105.2964.5168.6382.88
PBT / Share (Rs.)90.1599.8456.7357.2475.29
Net Profit / Share (Rs.)58.1168.0142.8945.9057.58
NP After MI And SOA / Share (Rs.)58.1168.0942.9645.7257.77
PBDIT Margin (%)14.9419.6114.9716.6718.74
PBIT Margin (%)12.6917.1412.1713.8516.71
PBT Margin (%)12.2316.2510.7011.5515.18
Net Profit Margin (%)7.8811.078.099.2611.61
NP After MI And SOA Margin (%)7.8811.088.109.2211.65
Return on Networth / Equity (%)14.7019.4014.4817.6925.68
Return on Capital Employeed (%)17.9723.6016.9319.9627.56
Return On Assets (%)8.4911.398.648.8012.68
Long Term Debt / Equity (X)0.180.170.210.240.26
Total Debt / Equity (X)0.260.270.270.500.41
Asset Turnover Ratio (%)1.121.111.031.001.20
Current Ratio (X)1.842.182.291.611.59
Quick Ratio (X)0.901.211.300.810.79
Inventory Turnover Ratio (X)2.011.921.681.611.80
Dividend Payout Ratio (NP) (%)26.1919.86-12.7321.3215.54
Dividend Payout Ratio (CP) (%)20.3716.24-9.4616.3313.24
Earning Retention Ratio (%)73.8180.140.0078.6884.46
Cash Earning Retention Ratio (%)79.6383.760.0083.6786.76
Interest Coverage Ratio (X)32.6922.1210.207.9012.24
Interest Coverage Ratio (Post Tax) (X)18.2513.496.515.488.59
Enterprise Value (Cr.)12389.3817624.917800.094862.877579.48
EV / Net Operating Revenue (X)1.071.830.930.620.97
EV / EBITDA (X)7.189.336.273.765.20
MarketCap / Net Operating Revenue (X)1.021.840.940.430.83
Retention Ratios (%)73.8080.130.0078.6784.45
Price / BV (X)1.893.221.690.831.85
Price / Net Operating Revenue (X)1.021.840.940.430.83
EarningsYield0.070.060.080.210.13

DCM Shriram Ltd Profitability Ratios (%)

DCM Shriram Ltd Liquidity Ratios

DCM Shriram Ltd Liquidity Ratios (%)

DCM Shriram Ltd Interest Coverage Ratios (%)

DCM Shriram Ltd Valuation Ratios

Fair Value

Fair Value: ₹1,007.63

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.

Undervalued: 3.99% compared to the current price ₹969

Intrinsic Value: ₹978.10

Calculation basis:

  • Fair 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 fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 0.94% compared to the current price ₹969

Last 5 Year EPS CAGR: -2.93%

*Investments are subject to market risks

Strength and Weakness of DCM Shriram Ltd Stock

StrengthWeakness
  1. The stock has a high average ROCE of 17.92%, which is a positive sign.
  2. The company has higher reserves (3,364.46 cr) compared to borrowings (1,408.46 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (6.92 cr) and profit (408.62 cr) over the years.
  1. The stock has a high average Working Capital Days of 69.08, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 109.50, which may not be favorable.

FAQ

What is the latest fair value of DCM Shriram Ltd?

The latest fair value of DCM Shriram Ltd is ₹1007.63.

What is the Market Cap of DCM Shriram Ltd?

The Market Cap of DCM Shriram Ltd is 15,108 Cr..

What is the current Stock Price of DCM Shriram Ltd as on 18 May 2024?

The current stock price of DCM Shriram Ltd as on 18 May 2024 is 969.

What is the High / Low of DCM Shriram Ltd stocks in FY 2024?

In FY 2024, the High / Low of DCM Shriram Ltd stocks is ₹1,175/817.

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

The Stock P/E of DCM Shriram Ltd is 33.8.

What is the Book Value of DCM Shriram Ltd?

The Book Value of DCM Shriram Ltd is 418.

What is the Dividend Yield of DCM Shriram Ltd?

The Dividend Yield of DCM Shriram Ltd is 1.45 %.

What is the ROCE of DCM Shriram Ltd?

The ROCE of DCM Shriram Ltd is 9.49 %.

What is the ROE of DCM Shriram Ltd?

The ROE of DCM Shriram Ltd is 7.03 %.

What is the Face Value of DCM Shriram Ltd?

The Face Value of DCM Shriram Ltd is 2.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in DCM Shriram Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE