Q3 results, Rs 5 interim dividend, name change to SPR Auto Technologies
SHRIPISTON · price
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On the reaction day the stock moved 3.6 pts more than Nifty Microcap 250 and 3.7 pts more than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Shriram Pistons reported Q3 FY26 standalone revenue of Rs 8,651 million, up 12% YoY, PAT Rs 1,149 million. Board declared Rs 5 interim dividend (Feb 6 record date), approved NCD issuance up to Rs 10,000 million, and proposed renaming to SPR Auto Technologies Limited subject to approvals. Also completed Antolin acquisitions and Rs 280 million Sunbeam asset purchase. An Rs 237 million exceptional item was booked for new labour code provisions.
Interim dividend rewards shareholders; debt raise and acquisitions signal expansion; name change hints at a broader auto-tech identity.