DCMSHRIRAM / Q4-FY26 / claim-ledger

Audit the questions that mattered.

DCM Shriram · Analyst questions, management answers, and the quality of the response where the ledger is available.

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WatchQ4-FY26 · 2026-05-15Back to quarter ↗

Questions audited

12

Answered directly

50%

Numeric claims

0

Consistency

—

Question ledger

What was answered, and how?

Pujen Sha Sha · Molecule Ventures

evasive

PVC pricing outlook amid China dumping and real estate slowdown.

pricing has been very volatile... it's very difficult to give an indication of what will be the prices going forward... we hope that from 1st July the import duty of 11% which was removed earlier we hope that comes back.

Pujen Sha Sha · Molecule Ventures

partial

Status of MIP and ADD for PVC protection.

CPMA has had multiple meetings... we have suggested that you please revisit the ADD application will go again... MIP also has very much on the agenda.

Rohit Nagaraj · 361 Capital

evasive

Timeline for MIP implementation and accelerated dumping.

the MIP actually we are in dialogue with the government to look at a reasonable MIP... no one can say because you know the uncertainty.

Rohit Nagaraj · 361 Capital

evasive

Caustic soda balance impact from Middle East alumina capacity offline.

the unpredictability remains very high... we can't correlate it very directly... we do expect in the long term the Indian situation to be quite robust.

Rohit Nagaraj · 361 Capital

direct

Current ECU price.

The current ECU is in the range of 32,000 to 33,000 rupees per metric ton... this is ECU without including the flakes element.

Ahmed Madha · Unifi Capital

direct

Caustic soda export volume trend and logistics impact.

our exports have been increasing steadily... last year as a country we exported over 600,000 metric tons... we are now exporting approximately 12% of our capacity.

Ahmed Madha · Unifi Capital

partial

ECH plant utilization and margin profile.

the plant is running at close to 60 to 70% capacity utilization... in terms of the margins it is not always so easy to say... we do expect a healthy margin to continue.

Ahmed Madha · Unifi Capital

direct

Break-even timeline for epoxy acquisition.

Yes we expect to achieve break even this year... this year should be better than break even.

Ahmed Madha · Unifi Capital

evasive

Expected EBITDA margin for chemical business in FY27.

it'll be hard to give a number on this because it's a forward-looking situation... we do expect that we will make reasonable margins.

Ahmed Madha · Unifi Capital

partial

Sugar business margin outlook given low prices.

margins are currently definitely lower than last year... prices should improve a little bit... there will be some shrinkage in profitability but not very significant.

Priya Mahata · Aquitas

partial

Fenesta margin impact from rising metal prices and demand outlook.

In retail customer it becomes a little difficult to pass on the cost... in institutional clients... there's a tolerance level post which the cost is passed on... demand is pretty good right now.

Ahmed Madha · Unifi Capital

direct

Overall capex guidance for FY27.

that should be in the range of around 1,200 crores including the normal capex... currently committed to that range.