Shriram Pistons & Rings Limited has informed the Exchange about Transcript
SHRIPISTON · price
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SPR Auto Technologies reported record FY26 consolidated total income of INR 4,571 crores (up 25% YoY) and highest ever EBITDA of INR 989 crores (up 18% YoY). The company completed acquisition of Antolin Group's three Indian entities in January 2026 for automotive interiors and lighting, along with Karna Intertech for tool manufacturing. Management highlighted that 60% of business is now powertrain-agnostic, with subsidiaries operating at 9-10% EBITDA margins versus standalone at 20%+, and aims to bring subsidiaries closer to standalone margins through synergies and in-sourcing. The company plans to raise INR 1,000 crores via QIP for both organic growth and future acquisitions. Commodity prices, especially aluminium up 40%, are fully passed through to customers with a quarter's delay.
Strong FY26 performance with diversified revenue base positions the company well for sustained growth; the planned QIP and margin improvement roadmap for recently acquired subsidiaries suggest continued investment mode for expansion.