BSE Small-Cap Gem Announces 100% Dividend: Share Price Up 37,000% Since Listing, Don't Miss the Record Date

A BSE-listed small-cap company operating in the sugar industry has announced a 100% interim dividend for its shareholders. The company's Board of Directors, in a meeting held on March 28, 2025, declared a dividend of ₹2 per equity share of face value ₹2 each for the financial year 2024-25.

DCM Shriram Dividend Details and Record Date

DCM Shriram has announced a 100% interim dividend for its shareholders. The company's Board of Directors, in a meeting held on March 28, 2025, declared a dividend of ₹2 per equity share, with a face value of ₹2 each, for the financial year 2024-25. The record date to determine eligible shareholders has been set for Friday, April 4, 2025.
The firm, in an exchange filing, informed its investors, stating, "Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Board of Directors of the company in its meeting held today, i.e., 28.03.2025, has declared an interim dividend of Rs. 2/- per equity share of face value of Rs. 2/- each (100%) for the financial year 2024-25. The dividend will be disbursed within 30 days from today."

Tax Deduction on Dividend

The dividend will be subject to tax deduction at source (TDS) as per the Income Tax Act, 1961. The company in an exchange filing said that "the interim dividend will be paid to the eligible shareholders as of the record date, 04th April, 2025, after deducting tax at the applicable rates prescribed under the provisions of the Income Tax Act, 1961. In accordance with the provisions of the Income-tax Act, 1961 ("IT Act"), as amended from time to time, read with the provisions of the Finance Act, 2020, the Company is required to deduct taxes at the prescribed rates on the dividends paid to its shareholders. The tax rates would vary depending on the residential status of the shareholder and requisite documents registered with the company."

DCM Shriram Share Price Movement

At the end of Friday's close, DCM Shriram share price settled at ₹1,076.25, marking a decline of ₹27.60 (-2.50%). Over the past week, the stock has dropped 4.33%, while on a one-year basis, DCM Shriram shares have surged 21%. The small-cap stock has delivered outstanding returns of 427% in the past five years and an impressive 37,663.16% all-time gain since its IPO.

Back in 1999, DCM Shriram's share price was just ₹2.85, and it has now skyrocketed to ₹1,076.25. With a market capitalisation of ₹16.62K crore, the company's 52-week high stands at ₹1,371, while the 52-week low is ₹832.

DCM Shriram Q3 FY25 Results

DCM Shriram Limited reported impressive financial performance for the quarter ending December 31, 2024. The company's net profit surged to ₹262.14 crore, a significant rise from ₹62.92 crore in the previous quarter (Q2 FY25) and an increase from ₹240.48 crore in the same period last year (Q3 FY24).

Total income for the quarter stood at ₹3,559.98 crore, up from ₹3,183.98 crore in Q2 FY25 and ₹3,172.65 crore in Q3 FY24. This consistent revenue growth highlights the company's strong business momentum and operational efficiency.

About DCM Shriram Industries Ltd

DCM Shriram Industries Ltd. is a diversified company with a strong presence in sugar, industrial chemicals, alcohol, and defence products. The company operates across multiple sectors, leveraging its expertise in agri-based businesses, biofuels, and advanced materials.

Founded in 1989, DCM Shriram Industries is known for its integrated sugar manufacturing operations, including ethanol production, which aligns with India's focus on renewable energy. The company also plays a role in the defence sector, producing specialised equipment and materials.