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, bioseeds, 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 DCM Shriram Limited?
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 both on-demand and through 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 makes rayon tyre yarn, greige, and treated fabric. These materials are mainly used to strengthen high-performance tyres. The company exports to leading international tyre makers and has a factory in Kota that can produce 17,055 tonnes of industrial fibres each year. Although Shriram Rayons started a project to expand its rayon production, progress has slowed because of COVID-19 restrictions.
3.Chemical Business
- Daurala Chemicals and Organics, a subsidiary of the company, focuses on manufacturing Fine Chemicals and Pharma Intermediates, as well as Contract Manufacturing & Research. The portfolio comprises over 30 products.
4- Container Business
DCMHL-HVGPL, a joint venture between DCM Shriram Industries Ltd. and Hyundai Mobis, Korea, was established in 1993 to manufacture various types of containers. This segment serves customers in 25 countries, providing comprehensive container solutions.
5- Defence
Recently, the company expanded into the defense 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.
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Q2.Who are the Promoters of DCM Shriram Limited?
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 & 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.
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.
He is actively involved in industry groups and is a member of important organizations like the Indian Sugar Mills Association (ISMA), Uttar Pradesh Sugar Mills Association (UPSMA), and the Sugar Technologists Association of India (STAI). Mr. Shriram has made significant contributions to the UPSMA Managing Committee and has served multiple terms on the Northern Regional Council of the Confederation of Indian Industry (CII) in 2010, 2011, and 2014.
Q3.Who are the Clients of DCM Shriram Limited?
The company has a diverse clients across various industries due to diverse business segments.However no specific names were mentioned publicly.
Also Read: Davangere Sugar Company Ltd Company Profile: Products, Promoters and Clients
(By Medhansh Bairaria)