SHRIPISTONBSEShriram Pistons & Rings LtdHighNeutral
Announced Mon, 11 May · 20:34 IST

Financial Results for the quarter and year ended March 31, 2026

Revenue Growth 20pctExceptional ItemEbitda Margin CompressionDebt Equity ThresholdResults View source PDF

SHRIPISTON · price

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Price reaction · full curve 14 horizons · vs prior close
-5.9%1-day move
₹3596.30
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AI summary

SPR Auto Technologies reported standalone revenue of Rs 35,266 million for FY2026, up 10.9% from Rs 31,795 million in FY2025. Net profit after tax stood at Rs 5,137 million versus Rs 4,978 million, a growth of 3.2%. On a consolidated basis, revenue jumped 25.6% to Rs 44,587 million due to recent acquisitions including SPR Auto Interior Lighting and SPR Auto Interior Solutions (acquired in January 2026). Consolidated PAT grew to Rs 5,614 million. The Board recommended a final dividend of Rs 5 per share (50%) in addition to Rs 5 interim dividend already paid. An exceptional charge of Rs 237 million was recorded for new labour code provisions. The company also proposed raising up to Rs 10,000 million via QIP for repayment of borrowings, capex and general corporate purposes.

Likely market impact

The stock shows steady growth with positive cash flows and improved consolidated revenue from acquisitions. However, EBITDA margin compressed to 20.43% from 21.27% last year. The QIP proposal may dilute shareholder value but strengthens the balance sheet for future growth.