DCM
DCM Limited is an Indian listed conglomerate (since 1889) operating a Grey Iron Castings foundry (currently under lockout), real estate development via joint ventures, and IT infrastructure services through subsidiary DCM Infotech for enterprise clients in India and the US.
- Company typePublic
- Founded1889
- HeadquartersNew Delhi, India
- Headcount251–500
- GTM typeB2B
- OfferingHardware or Manufacturing
What DCM does
DCM Limited is an Indian publicly listed conglomerate originally incorporated on March 26, 1889 as Delhi Cloth & General Mills Co. Limited by Lala Shri Ram, and renamed DCM Limited in 1983. Headquartered in Delhi and listed on BSE (502820) and NSE (DCM), the company currently operates three business segments: engineering (Grey Iron Castings), real estate development, and IT infrastructure services through its wholly owned subsidiary DCM Infotech Limited. The Bharat Ram family retains 50.1% promoter shareholding and continues active board representation.
The engineering division runs a Grey Iron Foundry established in 1977 at Village Asron in Punjab, with manufacturing capacity scaled over four decades from 17,000 MTPA to 72,000 MTPA using high-pressure molding lines and press pour technology. The foundry historically supplied castings to major Indian automotive OEMs across passenger cars, multi-utility vehicles, tractors, light commercial vehicles, heavy commercial vehicles, and earth-moving equipment. This division has been under complete lockout since October 22, 2019 due to ongoing labor unrest, effectively suspending production for over six years. The real estate business holds strategic land parcels including approximately 68.35 acres near Mela Ground in Hisar, Haryana, pursued under the Deen Dayal Jan Awas Yojna affordable housing scheme; the Hisar development license was suspended by Haryana DTCP in April 2023. The IT infrastructure arm, DCM Infotech Limited, provides networking, analytics, cloud, and digital technology services including Gen AI, Automation, and Cyber Security, reporting Rs. 70.43 crores in sales and other income and Rs. 10.61 crores PBT for FY 2024-25. DCM Limited's standalone PAT was Rs. 1.45 crores, representing a 77.2% decline from the prior four-quarter average.
DCM Limited makes money through three revenue streams: hardware sales of Grey Iron Castings to automotive OEMs (currently suspended), real estate development through joint development agreements on owned land parcels (largely stalled), and managed IT infrastructure services through DCM Infotech (the only meaningfully active revenue stream). Go-to-market is direct enterprise sales — historical B2B supply relationships with major Indian automotive manufacturers for castings, joint development agreements with developers for real estate, and direct enterprise sales (US and India markets) for IT infrastructure services. Pricing models are not publicly disclosed. Customer concentration historically centered on a narrow set of major automotive OEMs (Maruti, Hyundai, Mahindra, Ashok Leyland, Eicher Motors, JCB India).
DCM firmographics
Firmographics- Name
- DCM
- Legal name
- DCM Limited
- Website
- https://dcm.in
- Company type
- Public
- Founded year
- 1889
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- DCM Limited is an Indian listed conglomerate (since 1889) operating a Grey Iron Castings foundry (currently under lockout), real estate development via joint ventures, and IT infrastructure services through subsidiary DCM Infotech for enterprise clients in India and the US.
- Ownership category
- akta.pro rank
Where DCM is headquartered
LocationHeadquarters
- HQ city
- New Delhi
- HQ country
- India
- HQ region
- Asia
Offices3 records
Markets served
DCM business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Engineering - Grey Iron Castings: Manufacturing and supplying Grey Iron Castings to automotive industry across segments including cars, multi-utility vehicles, tractors, light commercial vehicles, heavy commercial vehicles, and earth moving equipment. Currently under lockout since October 22, 2019 due to labour unrest.
- Real Estate Development: Joint development of land parcels for affordable residential plotted colonies under government schemes like Deen Dayal Jan Awas Yojna. Currently pursuing development of approximately 68.35 acres near Mela Ground, Hisar, Haryana.
- IT Infrastructure Services: Providing IT Infrastructure services specializing in networking, analytics, cloud and digital technologies through wholly owned subsidiary DCM Infotech Limited. During FY 2024-25, DCM Infotech reported sales and other income of Rs. 70.43 Crores and PBT of Rs. 10.61 Crores.
Go-to-market motion2 records
Distribution channels4 records
Marketing channels3 records
DCM product offering
Product offeringCore offering
DCM Limited is engaged in three businesses: (1) manufacturing and supplying Grey Iron Castings to the automotive industry (cars, multi-utility vehicles, tractors, light and heavy commercial vehicles, and earth-moving equipment) from a 72,000 MTPA foundry in Punjab; (2) real estate development, primarily affordable residential plotted colonies on owned land parcels through joint development agreements; and (3) IT infrastructure services in networking, analytics, cloud, digital technologies, Gen AI, automation, and cyber security delivered through wholly-owned subsidiary DCM Infotech Limited.
Product overview
DCM Limited operates three primary business segments: (1) Grey Iron Castings through its Engineering Division, manufacturing automotive components with 72,000 MTPA capacity; (2) Real Estate Development through its Real Estate Division, focusing on affordable residential plotted colonies under government schemes; and (3) IT Infrastructure Services through wholly owned subsidiary DCM Infotech Limited, providing networking, analytics, cloud, and digital technology solutions including Gen AI, automation, and cyber security offerings.
Differentiator
Problem solved
Functional benefit
Products and services
- Grey Iron Castings Manufacturing and supplying Grey Iron Castings to automotive OEMs across segments including passenger cars, multi-utility vehicles, tractors, light commercial vehicles, heavy commercial vehicles, and earth moving equipment. Foundry capacity is 72,000 MTPA, supported by two high-pressure molding lines with press pour technology and in-house tooling and designing facility at Ropar plant. Customers include Maruti Udyog, Hyundai Motors, Mahindra & Mahindra, International Tractors Limited, Ashok Leyland, Eicher Motors, Escorts, Swaraj Mazda, JCB India, Force Motors and historically international OEMs (GM-Daewoo Korea, GM USA, Perodua Perkins Motors Malaysia, Hepworth Heating UK). Note: Engineering Division has been under lockout since October 22, 2019 due to labour unrest.
- Real Estate Development Development of land parcels into affordable residential plotted colonies under government schemes (Deen Dayal Jan Awas Yojna) through joint development agreements with partner developers. Pursuing ~68.35 acres near Mela Ground, Hisar, Haryana. Also operates via Purearth Infrastructure Limited joint venture (with Singaporean investors) including the Central Square Complex at Bara Hindu Rao, Delhi and the Amaryllis project. Note: Hisar project DTCP licence (179 of 2022) was suspended on April 18, 2023 and HRERA registration is in abeyance; Purearth abandoned Plaza-4 of Central Square Complex after prolonged litigation.
- IT Infrastructure Services
Quantifiable outcome
- DCM Infotech PBT grew from Rs. 9.56 Crores to Rs. 10.61 Crores in FY 2024-25
- +1 more outcomes
Companies that use DCM
Customer profileNamed customers14 records
Segments3 records
Ideal customer profiles3 records
DCM technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
DCM partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Purearth Infrastructure LimitedcorePurearth Infrastructure Ltd is a joint venture between DCM Ltd and Singaporean investors, engaged in real estate development. The company operates the Central Square Complex at Bara Hindu Rao with four plazas, three already completed and operational. Purearth is developing DCM's real estate projects including the Amaryllis project. Board members Sumant Bharat Ram and Yuv Bharat Ram serve as Whole-Time Directors of Purearth Infrastructure Limited.
Scale indicators9 records
Recent moves9 records
Expansion highlights4 records
DCM competitors and assessment
Company assessmentBroad incumbents
- Persistent Systems: Indian mid-cap IT services company with growing cloud, digital transformation, and Gen AI practices serving global enterprises. Relevant peer for DCM Infotech's positioning in networking, analytics, cloud, and digital technologies, though at much larger scale.
- HCL Technologies: Major Indian IT services company offering cloud, digital, Gen AI, and cyber security services to global enterprises. Comparable to DCM Infotech as an India-headquartered IT infrastructure services provider, although at vastly larger scale and with broader enterprise customer base.
- DLF Limited: India's largest listed real estate developer with diversified residential, commercial, and plotted development projects across major Indian cities. Comparable to DCM's Real Estate Division as a publicly listed Indian entity engaged in plotted colony and residential development, though DLF operates at substantially larger scale.
- Bharat Forge: One of India's largest automotive and industrial component manufacturers with broad exposure to forged and cast components across automotive, construction equipment, and railways. Comparable to DCM Engineering as a large-scale metal-component supplier to OEMs with international customer footprint.
Direct peers
- Sandhar Technologies: Indian-listed manufacturer of automotive components including safety systems, sheet metal, and castings supplied to two-wheeler, passenger vehicle, and commercial vehicle OEMs. Closely comparable to DCM's Grey Iron Castings business in terms of automotive OEM customer profile and tier-1 component manufacturing focus.
- Sundaram Fasteners: TVS Group company manufacturing high-precision automotive fasteners and metal components (including iron castings) for Indian and international OEMs. Directly comparable to DCM Engineering in automotive metal-component manufacturing, foundry operations, and B2B OEM customer relationships.
- Rico Auto Industries: Indian-listed manufacturer of automotive components including aluminium die-castings, ferrous castings, and precision-machined parts supplied to OEMs in India and abroad. Closely aligned with DCM Engineering in automotive iron/aluminium casting products and OEM customer base.
- Endurance Technologies: Indian listed manufacturer of automotive components including aluminium and iron castings supplied to OEMs across two-wheelers, passenger vehicles, and commercial vehicles. Directly comparable to DCM's Grey Iron Foundry customer base (Maruti, Hyundai, Mahindra, Ashok Leyland) and casting-led engineering model.
Emerging players
- PTC Industries: Indian-listed manufacturer of high-quality iron castings for automotive, railway, and industrial applications with growing international customer footprint. Comparable to DCM Engineering as an Indian iron-casting foundry, though PTC operates without the labour-related operational disruption affecting DCM.
Regional players
- Anant Raj Limited: Delhi-based listed real estate developer focused on plotted colonies, affordable housing, and integrated townships in North India including Haryana. Directly comparable to DCM's Hisar land development under Deen Dayal Jan Awas Yojna as a Delhi/Haryana-focused affordable plotted-colony developer.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights6 records
Customer concentration
DCM social profiles
Digital presenceDCM financial estimates
Financial estimateRevenue estimate
Valuation estimate
DCM leadership team
Management profileNumber of profiles
Profiles9 records
DCM subsidiaries and ownership
Company hierarchySubsidiaries6 records
DCM funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
DCM M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about DCM
What does DCM do?
DCM Limited is engaged in three businesses: (1) manufacturing and supplying Grey Iron Castings to the automotive industry (cars, multi-utility vehicles, tractors, light and heavy commercial vehicles, and earth-moving equipment) from a 72,000 MTPA foundry in Punjab; (2) real estate development, primarily affordable residential plotted colonies on owned land parcels through joint development agreements; and (3) IT infrastructure services in networking, analytics, cloud, digital technologies, Gen AI, automation, and cyber security delivered through wholly-owned subsidiary DCM Infotech Limited.
Is DCM a public or private company?
DCM is a public company. It is classified as public and is currently operating.
When was DCM founded?
DCM was founded in 1889. It employs 251 to 500 people.
Where is DCM based?
DCM is headquartered in New Delhi, India, in the Asia region.
How does DCM make money?
Three revenue lines are on record. Engineering - Grey Iron Castings are the primary driver. The others are real Estate Development and IT Infrastructure Services.
Who are DCM's main competitors?
Broad incumbents on record are Persistent Systems, HCL Technologies, DLF Limited and Bharat Forge. Direct peers are Sandhar Technologies, Sundaram Fasteners, Rico Auto Industries and Endurance Technologies. PTC Industries is listed as an emerging player. Anant Raj Limited is listed as a regional player.
Does DCM have an API?
No public API is recorded for DCM.