SHRIPISTONBSEShriram Pistons & Rings LtdHighNeutral
Announced Mon, 11 May · 20:41 IST

Record Date has been fixed as Monday, July 20, 2026 for the purpose of ascertaining the entitlement of Members for the payment of Final Dividend subject to shareholders approval in ensuing AGM.

Revenue Growth 20pctRelated Party TransactionsExceptional ItemResults 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
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-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

The company (now renamed SPR Auto Technologies Limited) has fixed July 20, 2026 as the record date for shareholders to receive the proposed final dividend of Rs. 5 per share for FY26. This is in addition to the Rs. 5 interim dividend already paid in February 2026, making total dividend Rs. 10 per share (100%). Standalone revenue grew 10.9% to Rs. 35,266 million with PAT of Rs. 5,137 million (up 3.2%). Consolidated revenue surged 25.6% to Rs. 44,587 million driven by recent acquisitions (SPR Auto Interior Lighting and SPR Auto Interior Solutions entities acquired in January 2026). The Board also approved a proposal to raise up to Rs. 10,000 million via QIP for repayment of borrowings, capex and general corporate purposes. Auditors issued an unmodified opinion on the financial statements.

Likely market impact

The 100% total dividend payout signals confidence in cash flows. The 25.6% consolidated revenue growth demonstrates the positive impact of acquisitions, though standalone PAT growth was modest at 3.2%. The QIP proposal could dilute equity but strengthens the balance sheet.