SHRIPISTONBSEShriram Pistons & Rings LtdHighNeutral
Announced Mon, 11 May · 22:53 IST

Details as per attachment enclosed.

Revenue Growth 20pctEbitda Margin CompressionRelated Party TransactionsResults View source PDF

SHRIPISTON · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-5.9%1-day move
₹3596.30
prior close
₹3598.00
base price
After-mkt
timing
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-4.3-5.0-5.5-5.0-5.9-7.1-5.5-6.6-8.0-8.5-3.7-2.0+17.1
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AI summary

SPR Auto Technologies reported its highest-ever performance in FY26 with consolidated total income of Rs. 45,713 million, up 25% YoY, driven by strong recovery in automotive demand. EBITDA grew 18% YoY to Rs. 9,885 million, while PAT increased 8.9% to Rs. 5,614 million. Q4FY26 was particularly strong with 46% YoY revenue growth. The company completed acquisition of three Antolin Group entities in January 2026, expanding into automotive interior and lighting solutions. PAT growth of 8.9% lagged behind revenue growth of 25%, indicating margin compression. Standalone performance was more modest with 10.5% revenue growth and 3.2% PAT growth. The company invested Rs. 2,000 million in capacity expansion and now has ~60% of business not impacted by EV penetration.

Likely market impact

Strong revenue growth driven by acquisitions and auto sector recovery, but PAT growth lagging revenue signals margin pressure. The stock may see positive sentiment from record performance and diversification into new segments, though compressed EBITDA margins (21.6% vs 22.8%) could be a concern.