Details as per attachment enclosed.
SHRIPISTON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
SPR Auto Technologies reported strong FY26 consolidated total income of Rs 45,713 million, up 25% YoY, driven by robust Q4 performance where revenue surged 46% YoY to Rs 14,807 million. EBITDA grew 18% to Rs 9,885 million with 21.6% margin, while PAT increased 9% to Rs 5,614 million. However, margin compression is evident: standalone EBITDA margin declined from 23.7% in FY25 to 23.3% in FY26. The company completed multiple acquisitions in FY26, including 100% stakes in SPR Auto Interior Lighting Solutions and SPR Auto Interior Solutions entities, diversifying beyond ICE components into EV motors, interior solutions, and precision moulding. Finance costs nearly doubled to Rs 622 million due to Rs 10,000 million NCD issuance for acquisitions, increasing debt-to-equity to 0.62x. The company maintains an AA+ credit rating and is positioned as a diversified auto components group.
Strong top-line growth is positive, but margin compression and higher leverage from acquisitions warrant caution. Investors should monitor debt servicing and integration of newly acquired businesses, particularly the interior solutions segment contributing over 35% of consolidated revenue.