BSE: 520075
SAMKRG PISTONS & RINGS LTD.
Manufactures pistons and rings for automotive engines, operating as a single-segment auto components supplier registered in Hyderabad and listed on BSE (scrip code 520075). FY26 revenue from operations stood at Rs 285.66 crore with a net profit of Rs 9.75 crore, EBITDA margin of 13.5% and total assets of Rs 315.03 crore. The cost structure is dominated by raw materials at 44.4% of revenue, followed by employee costs at 26.1%, other operating expenses at 18.3% and depreciation at 4.8%; capex runs at 6.7% of revenue. The board recommended a final dividend of Rs 0.50 per equity share (5% on face value of Rs 10) for FY26, subject to shareholder approval. Outstanding borrowings were Rs 65.67 crore as of March 31, 2026, and the highest credit rating maintained during FY26 was CRISIL BBB+ with Stable outlook. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Automobile components (pistons and rings). Single-segment auto components manufacturer; materials-heavy cost structure with employee costs as the second-largest input
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 237 | 236 | 247 | 244 | 286 |
| EBITDA (ex other income) | 32 | 34 | 31 | 30 | 36 |
| margin % | 13.4 | 14.4 | 12.8 | 12.2 | 12.5 |
| Owners' profit | 14 | 15 | 13 | 6 | 10 |
| EPS, as reported (₹) | 14.13 | 14.95 | 12.84 | 6.01 | 9.93 |
| ROE % · ROCE % | 7.9 · 9.7 | 8.2 · 11.5 | 6.6 · 9.8 | 3.1 · 7.9 | 4.8 · 10.3 |
| Debt / equity (x) | 0.11 | 0.10 | 0.16 | 0.19 | 0.32 |
| Cash from operations | 19 | 12 | 21 | 18 | 24 |
| Capex | — | (9) | (27) | (39) | (19) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 62 | 58 | 67 | 64 | 71 | 66 | 84 | 72 |
| Profit before tax | 3 | 2 | 4 | 3 | 3 | 3 | 5 | 3 |
| Net profit | 2 | 2 | (0) | 3 | 3 | 2 | 2 | 3 |
| EPS (₹) | 2.00 | 2.28 | 0.20 | 2.93 | 2.93 | 1.57 | 2.50 | 2.74 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| SAMVRDHNA MTHRSN INTL LTD | 1,66,707 | 38.1 | 3.82 | 14.8 | 9.4 | 8.2 | 17.1 | 9.0 |
| BOSCH LIMITED | 1,34,520 | 56.9 | 9.06 | 33.0 | 18.7 | 24.1 | 15.6 | 17.9 |
| BHARAT FORGE LTD | 84,295 | 119.4 | 8.82 | 30.4 | 11.4 | 13.2 | 21.6 | 8.8 |
| UNO MINDA LIMITED | 62,653 | 52.0 | 8.63 | 28.8 | 17.7 | 15.7 | 25.3 | 10.4 |
| SCHAEFFLER INDIA LIMITED | 57,518 | 45.9 | 9.36 | — | 10.4 | 14.1 | — | 19.4 |
| SONA BLW PRECISION FRGS L | 52,988 | 76.1 | 8.64 | 46.0 | 10.3 | 12.9 | — | 25.1 |
| TUBE INVEST OF INDIA LTD | 40,753 | 67.2 | 2.87 | 15.8 | 7.9 | 12.4 | 30.3 | 10.6 |
| ENDURANCE TECHNO. LTD. | 32,042 | 33.0 | 4.68 | 15.7 | 13.9 | 15.6 | 17.4 | 13.2 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 10.6 | 25.0 | 14 of 119 | 89% |
| P/B | 0.5 | 3.3 | 6 of 117 | 96% |
| ROCE | 6.1 | 12.6 | 97 of 125 | 23% |
| ROE | 4.8 | 11.7 | 94 of 117 | 20% |
| Debt / Equity | 0.3 | 0.3 | 64 of 117 | 46% |
| EBITDA margin | 13.4 | 12.2 | 49 of 118 | 59% |
| Revenue growth | 12.3 | 20.2 | 83 of 113 | 27% |
| Profit growth | (6.6) | 24.4 | 90 of 115 | 22% |
| Market cap | 102 | 1455 | 109 of 126 | 14% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 26 Oct 2026 · CRISIL keeps BBB+ rating but changes outlook to Negative | credit debt | medium | — | — |
| 23 Oct 2026 · CRISIL keeps BBB+ rating but changes outlook to negative | credit debt | medium | — | — |
| 23 Oct 2026 · Board meeting set to approve September 2026 quarterly results | results | low | — | — |
| 7 Oct 2026 · Compliance certificate for dematerialized securities for Q2 FY26 | compliance | minimal | — | — |
| 23 Sept 2026 · Trading window closed for Q2 FY27 results declaration | compliance | minimal | — | — |
| 22 Sept 2026 · Scrutinizer report filed for 40th AGM held on September 22, 2026 | compliance | minimal | — | — |
| 22 Sept 2026 · 40th AGM voting results: all resolutions passed | board shareholder meetings | low | — | — |
| 22 Sept 2026 · 40th AGM concluded; 5 percent dividend declared; results in 2 working days | board shareholder meetings | medium | — | — |
| 2 Sept 2026 · Promoter transfers 3.09 percent stake to son via inter-se transfer | ownership changes | high | — | — |
| 2 Sept 2026 · Inter-se promoter transfer - Saripalli Monish acquires 3.09% stake | ownership changes | medium | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.