Investor Presentation

28th July 2026 BSE Limited National Stock Exchange of India Ltd., Phiroze JeeJeeBhoy Towers, Exchange Plaza, Dalal Street, 5th Floor, Plot No. C-1, G Block, Mumbai - 400 001 Bandra-Kurla Complex, Bandra (E) Mumbai - 400 051 SCRIP CODE: 523367 SCRIP CODE: DCMSHRIRAM Sub : Update on Outcome of Board Meeting - Investor Presentation Dear Sir/Madam, In continuation to our letter dated 28th July 2026 regarding Unaudited Financial Results (both Standalone and Consolidated) of the Company for the quarter ended 30th June 2026, please find attached a copy of the Presentation on the said financial results. The said presentation is also available on the website of the Company i.e., www.dcmshriram.com. Yours faithfully, For DCM Shriram Limited (Deepak Gupta) Company Secretary & Compliance Officer Encl: As above DCM Shriram Limited Results Presentation Q1 FY 2027 July 28, 2026 Certain statements in this document may be forward-looking. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could Safe cause our actual results to differ materially from those contemplated by the relevant forward looking statements. DCM Shriram Ltd. will not Harbour be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances. Table of Contents 0011 DCM Shriram Segment wise Q1 FY27 Result Overview Performance • Overview 4 • Financial Snapshot 7 • Chemicals & Vinyl 12-16 • Our Businesses 5 • Revenue & PBDIT Drivers 8 • Sugar & Ethanol 17-19 • Management Message 6 • Segment Results 9 • Fenesta Building Systems 20 • Investments Update 10 • Shriram Farm Solutions 21 • Fertilizer 22 • Bioseed 23 • Other Businesses 24 • Financials - Consolidated 25 Note: All figures/ ratios mentioned in the presentation are consolidated unless otherwise mentioned. Overview – DCM Shriram Limited Overview – DCM Shriram Limited KEYNUMBERS FOR FY2025-26 Net Revenue ₹135.4 bn PBDIT ₹16.9 bn 12 Locations (Net of excise duty) Agri Rural (56%) 6609 Total Employees PAT ₹8.6 bn (Sugar & Ethanol,ShriramFarm Solutions, Bioseed, Fertilizer) Net Worth ₹76.6 bn Chemicals & Vinyl (34%) 27% Total Energy is Green Building Material >10x Water Harvested Credit Rating AA+/Stable Products (8%) & Conserved1 (By ICRA) (FenestaBuilding Systems) 1 as against water consumed 4 Our Businesses – Existing Facilities Chemicals Building Agri & Vinyl Material Businesses Products Businesses Fenesta Building Caustic Soda Sugar Systems (2,749 TPD) (42,400 TCD) (12,284 TPA) Hydrogen Peroxide Co-Gen (165 TPD) (166 MW) Other Epichlorohydrin Distillery . Businesses (52,000TPA) (310)*+(250)** KLD Cement (400,000 TPA) Aluminum Chloride Compressed Biogas (150 TPD) (12 TPD) Epoxy Resins2 Fertilizer (33,551 TPA) (379,500 TPA) PVC Resins Shriram Farm (220 TPD) Solutions Philippines Calcium carbide Bioseed (112,000 TPA) Fenesta Building Systems, Kota, Bhiwadi, Polymer Compounds Chennai, Bhubaneswar, Hyderabad (24,050 TPA) Shriram Fertilizers & Chemicals, Kota-Rajasthan Shriram Alkali & Chemicals, & HSCL1 at Bharuch-Gujarat These businesses are supported by 383 MW coal based power plant,166 MW Co-Gen Sugar Production Units (Central UP) – Ajbapur, Rupapur, Hariawan & Loni and Distillery Units – Ajbapur & Hariawan & 50 MW (peak) green power * On B Heavy Molasses ** Multi feedstock Bioseed – Hyderabad & Philippines 2Including Liquid & derivatives of epoxy resins 5 1HSCL: Hindusthan Speciality Chemicals Limited. Management’s Message Commenting on the performance for the quarter ending June 2026, in a joint statement, Mr. Ajay Shriram, Chairman & Senior Managing Director and Mr. Vikram Shriram, Vice Chairman & Managing Director, said: The first quarter of FY27 tested the global economy with complex mix of geopolitical uncertainties. The ongoing West Asia crisis has disrupted supply chains and energy markets, leading to renewed inflationary pressures and cementing expectations of a prolonged higher interest rate environment. Domestically, we have also faced a highly erratic start to the southwest monsoon, which has placed temporary pressure on rural consumption. However, the broader Indian industrial narrative remains robust, supported by strong domestic fundamentals. The Chemicals business delivered a resilient performance despite a challenging global environment. Domestic caustic soda demand remained healthy, while advanced materials operations continued to contribute with steadily improving utilisation rates. Our downstream integration initiatives remain on track, with Aluminium Chloride and Calcium Chloride projects under pre-commissioning trials, further strengthening the portfolio and driving long-term value creation. The Sugar and Ethanol businesses are stable with lower domestic sugar inventories. Global sugar deficit has led to increase in global prices. However, the long-term viability of the sector, particularly the ethanol blending ecosystem, still requires decisive and sustained government policy interventions regarding feedstock pricing and alternate usage mandates Our consumer facing businesses continued to strengthen their market position during the quarter. Fenesta Building Systems delivered healthy volume driven growth while Shriram Farm Solutions effectively managed inventory and supply chain logistics to successfully navigate a challenging monsoon-led environment. With our major capex cycles transitioning into the commissioning phase, we are focused on capacity ramp-up, deep value-chain integration, and disciplined capital allocation. Our balance sheet remains strong, giving us resilience from external volatility and enabling us to pursue growth. Sustainability remains embedded in our growth strategy; by focusing on responsible resource utilization and driving energy efficiencies across our manufacturing footprint. Financial Snapshot – Q1 FY27 All figures in Rs/Cr Q1 FY27 Q1 FY26 Net Revenue* PBDIT PAT** * Net revenue includes operating income. Net of excise duty of Rs 220 crs (LY Rs 193 crs) on country liquor sales. ** Includes Rs 474.3 cr tax adjustment on account of favorable judgement relating to claim under Section 80-IA of the Income Tax Act, 1961 for previous years and one-time exceptional items of Rs 79.4 cr on account of profit on sale of land and stake sale to form a JV. (Effective normal PAT is Rs 147 cr). # ROCE calculated on average of capital employed at end of the last five quarters & trailing 12 month PBIT. Capital Employed excludes CWIP and Liquid Investments. 12% 509% Q1'26 Q1'27 Q1'26 Q1'27 b t/ C E) Revenue & PBDIT Drivers – Q1 FY27 All figures in Rs/Cr Q1 FY 2027 Q1 FY 2026 Chemicals Sugar & Ethanol* Fenesta SFS • ECU higher by 7%. • Domestic Sugar volumes were • Volume driven growth, mainly in • Driven by higher realizations. lower by 8%, while prices were Project vertical. • H O and Advanced material (i.e. better by 2%. • Higher margins across all verticals. Glycerine to ECH to Epoxy value • New revenue platforms continue to chain) contributed positively towards • Ethanol volumes flat whereas add to topline. • Volumes impacted by subdued prices declined by 4% seed demand owing to below revenue and margins. • Higher PBDIT driven by volumes, normal rainfall across key • Lower margins in Sugar due to offset by product mix dynamics and agricultural regions. • Margins partially offset by higher higher Sugar COGS. elevated fixed costs for building input prices new platforms. • Margins in Ethanol were better. • Order book# up by 4%. *Net of excise duty of Rs 220 crs (LY Rs 193 crs) on country liquor sales., # including façade Note: 1. Net revenue includes operating income, 2. SFS : Shriram Farm Solutions, Fenesta : Fenesta Building Systems 8 -2% 333333%%% 1,205 824 811 -7 22 Revenue PBDIT Revenue PBDIT Segment Results – Q1 FY27 All figures i [Showing first 8,000 characters — download PDF for full document]