Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Half Year ended 30th September 2026

Nature of Filing / Announcement: Regulatory filing under SEBI LODR Regulations 30 and 33

Audit Opinion:

Clean opinion - Limited Review Report by Deloitte Haskins & Sells stated: "nothing has come to our attention that causes us to believe that the accompanying Statement... contains any material misstatement."

Key Financial Highlights [₹ in Crores]:

Standalone Results:

Revenue from Operations: Q2 FY27: ₹4,064.29 (Q2 FY26: ₹3,378.15 | Q1 FY27: ₹3,659.64)

Total Income: Q2 FY27: ₹4,107.96 (Q2 FY26: ₹3,477.31 | Q1 FY27: ₹3,688.49)

EBITDA: Q2 FY27: ₹352.94 (Q2 FY26: ₹410.32 | Q1 FY27: ₹347.26)

Net Profit: Q2 FY27: ₹144.35 (Q2 FY26: ₹168.47 | Q1 FY27: ₹711.43)

EPS: Q2 FY27: ₹9.26 (After exceptional item)

Other Equity: ₹8,468.06 as of 30/09/2026 (₹7,674.71 as of 31/03/2026)

Cash and Cash Equivalents: ₹160.47 as of 30/09/2026 (₹197.14 as of 31/03/2026)

Debt: Total Borrowings ₹1,862.28 as of 30/09/2026 (Non-current: ₹1,418.36, Current: ₹443.92)

Consolidated Results:

Revenue from Operations: Q2 FY27: ₹4,150.79 (Q2 FY26: ₹3,432.43 | Q1 FY27: ₹3,784.67)

Total Income: Q2 FY27: ₹4,178.26 (Q2 FY26: ₹3,531.26 | Q1 FY27: ₹3,812.29)

EBITDA: Q2 FY27: ₹318.82 (Q2 FY26: ₹407.93 | Q1 FY27: ₹364.18)

Net Profit: Q2 FY27: ₹105.68 (Attributable to owners: ₹104.84 | Non-controlling interest: ₹0.84)

EPS: Q2 FY27: ₹6.72 (After exceptional item)

Segment-wise Performance [₹ in Crores]:

Chemicals and Vinyl: Revenue: ₹1,576.66 | Segment Profit: ₹133.68

Sugar and Ethanol: Revenue: ₹1,197.21 | Segment Profit: ₹30.04

Fenesta Building Systems: Revenue: ₹344.44 | Segment Profit: ₹39.56

Shriram Farm Solutions: Revenue: ₹423.06 | Segment Profit: ₹76.20

Fertiliser: Revenue: ₹501.87 | Segment Profit: ₹21.37

Bioseed: Revenue: ₹73.36 | Segment Loss: ₹(42.98)

Others: Revenue: ₹61.65 | Segment Loss: ₹(7.69)

Corporate Actions:

Dividend: Declared interim dividend of 200% (₹4 per equity share of face value ₹2 each) aggregating ₹62.38 crores for FY 2026-27. Record date: 30th October 2026. Payment within 30 days from declaration.

Other Significant Information:

Capital Expenditure Approvals:

  • ₹50 crores equity contribution in Shriram Teknor Limited (JV with Teknor Apex B.V.) for capital investment of ₹133 crores for new manufacturing lines for specialty PVC grades, medical grades, and HFFR grades
  • ₹60 crores for installation of Filter Presses at Cement Plant in Kota
  • ₹145 crores for installation of Solar Power Plant at Kota complex (8 MW capacity)
  • ₹120 crores for purchase of one additional electrolyser each for Kota and Bharuch Caustic plants

Projects Commissioned in Q2 FY27:

  • Main Aluminium Extrusion Plant of 15,000 MT at Fenesta Building System unit at Kola (commissioned 01/09/2026)
  • Aluminium Chloride Plant of 100 TPD at Jhagadia, Bharuch (commissioned 30/09/2026), increasing capacity to 250 TPD
  • Calcium Chloride Plant of 133 TPD capacity (out of 266 TPD) at Jhagadia, Bharuch (commissioned 30/09/2026)

Exceptional Items:

  • Q1 FY27 gain of ₹38.35 crores from sale of 50% equity stake in Shriram Polytech Limited to Teknor Apex B.V.
  • Q1 FY27 gain of ₹67.68 crores on sale of surplus land at Mokila village relating to Bioseed business
  • Reversal of ₹31.62 crores provision during Q4 FY26 related to Labour codes impact

Tax Adjustments:

  • Received favorable ITAT judgment on 03/07/2026 relating to Section 80-IA claim for FY 2021-22
  • Reversed tax provisions of ₹98.05 crores and recognized deferred tax asset of ₹376.25 crores for MAT credit for FYs 2020-21 to 2025-26 in Q1 FY27