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DCM Shriram to set-up 150 KLPD Distillery entailing investment of Rs 185 crore

28 Oct 2016 Evaluate

DCM Shriram has received investment proposal for forward integration on molasses stream by setting up 150 KLPD Distillery at DSCL Sugar - Hariawan (a unit of the company) at a total estimated investment of around Rs 185 crore. The project is expected to yield a return 35% per annum at full capacity utilization at present cost/price/market parameters. The board of director at its meeting held on October 27, 2016 has approved for the same.

The board also approved the proposal for expansion of Window Fabrication Capacity from 17,500 Windows/month to 34,800 Windows/month at Bhiwadi (Rajasthan) and Chennai (Tamilnadu) and increase in Foiling capacity from 100 MT/month to 225 MT/month at Kota (Rajasthan), with an estimated investment of around Rs 18.50 crore, to be financed through internal generations and debts. The said expansions are likely to be operational by June 2017. The existing plants are running at almost full capacity (except routine maintenance shutdown). The company needs to add this capacity to meet the expected requirements for next 2 years to further improve the quality of products, enhance the products offering to customers.

DCM Shriram is a leading business conglomerate with a group turnover of Rs 6,050 crore. The business portfolio of the company comprises primarily of Agri-Rural Business viz. Urea & SSP fertilizers, Sugar, Farm inputs marketing such as DAP, Crop care Chemicals, Hybrid Seeds, and Chlor-Vinyl Business Viz. Caustic Soda, Chlorine, Calcium Carbide, PVC resins, PVC Compounds, Power and Cement and Value added business such as Fenesta Building Systems.

DCM Shriram Share Price

1198.95 -26.90 (-2.19%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Grasim Industries 2757.45
DCM Shriram 1198.95
3M India 31427.05
Hindustan Foods 494.80
Balmer Lawrie & Co 177.15
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