DCM Shriram Limited Company Profile: Products, Promoters and Clients

DCM Shriram Limited Company Description

DCM Shriram Industries Ltd. is a diversified conglomerate with a significant presence in various sectors, including sugar, seeds, chemicals, fertilizers, and more. The company, known for its commitment to sustainability and innovation, continues to make substantial contributions to the Indian economy through its wide range of high-quality products and services.

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Q1.What are the Products and Service offerings of the Company?

The company has three main business segments

1. Sugar and Distillery Business 

  • Sugar Business

Operating under the brand name "Daurala Sugar Works," this segment is renowned for manufacturing high-purity Double-Refined Sugar. The company produces a variety of sugar products, including pharmaceutical-grade sugar, sugar cubes, sugar sachets, and packaged crystal sugar.

  • Alcohol Business

The company operates advanced facilities for producing Country Liquor and IMFL, available on-demand and contract manufacturing. This segment includes the production of rectified alcohol, Extra Neutral Alcohol, and Anhydrous Alcohol. 

In 2020, the company launched "Daurala Cares," a hand sanitizer brand conforming to WHO specifications. The product, introduced in response to the pandemic, is expected to maintain steady demand.

2. Rayon Business 

  • Shriram Rayons specializes in manufacturing rayon tire yarn, greige, and treated fabric, primarily used as reinforcement in high-performance tires. The unit exports to major international tire manufacturers and operates a manufacturing facility in Kota, with an installed capacity for industrial fibers of 17,055 tonnes per year. Although the company initiated a rayon capacity expansion project, progress has been delayed due to COVID-19 restrictions.

3. Chemical Business 

  • Daurala Chemicals and Organics, a subsidiary of the company, manufactures Fine Chemicals and Pharmaceutical Intermediates, as well as Contract Manufacturing and research. The portfolio comprises over 30 products.

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4. Other Businesses

1. Container Business

The company provides container solutions to its clients. This segment serves customers in 25 countries and offers comprehensive container solutions.

2. Defense

Recently, the company expanded into the defence sector by manufacturing Unmanned Aerial Vehicles under the brand name 'ZEBU.' An MOU with Turkish company Zyrone Dynamics allows DCM Shriram Industries to develop prototypes and market these UAVs internationally.

Q2.Who are the Promoters of the Company?

Mr. Alok B Shriram

CEO & Sr.Managing Director, DCM Shriram Industries Ltd.

Alok B. Shriram, Deputy Managing Director of DCM Shriram Industries Ltd. and Chairman and managing Director of DCM Hyundai Limited, is a prominent figure within the Shriram Group. Educated at Mayo College, Ajmer, and Shri Ram College of Commerce, Delhi University, he entered the family business in 1980. 

Shriram occupies significant roles on regulatory and professional boards, currently serving as President of the PHD Chamber of Commerce and Industry. Apart from his business acumen, he has a keen interest in golf and photography.

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Mr Madhav Shriram (Managing Director)

Mr. Shriram, who earned an MBA from the University of Massachusetts, Amherst (USA), continued his professional development with training in Japan. He brings extensive management expertise across sectors, including sugar, alcohol, liquor, power, and textiles. 

Actively engaged in industry associations, he holds memberships in critical organizations such as the Indian Sugar Mills Association (ISMA), Uttar Pradesh Sugar Mills Association (UPSMA), and the Sugar Technologists Association of India (STAI).

Mr. Shriram has contributed significantly to UPSMA's Managing Committee and served as a member of the Northern Regional Council of the Confederation of Indian Industry (CII) for several terms, including 2010, 2011, and 2014.

Q3.Who are the Clients of the Company?

The company has diverse clients across various industries due to diverse business segments. However, no specific names were mentioned publicly.

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(By Medhansh Bairaria)