Established in 1989, DCM Shriram Limited engages in the manufacturing of fertilizers, cement, sugar, ethanol, agri-inputs trading, and power co-generation. Following the division of the DCM Group in 1990, DCM Shriram emerged as a separate entity. It went public in 1991 and listed on stock exchanges. Subsequently, the company expanded its operations, including the commissioning of manufacturing units for chemicals, sugar, and UPVC doors and windows.
Over the years, DCM Shriram continued to grow, establishing new manufacturing units and expanding existing ones. Notable expansions include the addition of sugar manufacturing units, power plants, and the initiation of distillery operations. By 2022, the company had expanded its production facilities, introduced new products like water-soluble fertilizers, and established an international unit in the Philippines.
As of March 2023, DCM Shriram Limited operates 11 manufacturing plants in India and serves customers in over 60 countries worldwide.
Business Segments:
DCM Shriram Limited operates in three primary business segments:
1. Agri-Rural Business: Offering research-backed agri-inputs, hybrid seeds, specialty plant nutrition, crop care chemicals, urea manufacturing, and power generation from bagasse.
2. Chlor-Vinyl Business: Engaged in the manufacturing of various chemicals including soda, aluminum chloride, hydrogen, chlorine, calcium carbide, stable bleaching powder, and PVC resins.
3. Value Added Business: Manufacturing UPVC and aluminum doors and windows.
Subsidiaries:
As of March 31, 2023, DCM Shriram Limited's subsidiaries include DCM Shriram Aqua Foods Limited, Fenesta India Limited, and DCM Shriram Foundation.
Key Personalities:
Ajay S. Shriram serves as the Chairman and Senior Managing Director of DCM Shriram Limited. Additionally, he holds positions at IIM, Sirmaur, and Shri Ram College of Commerce. Previously, he served as the President of the Confederation of Indian Industry (CII).
Corporate Actions:
In October 2005, DCM Shriram Limited announced bonus shares at a ratio of 1:1.