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Shriram Pistons & Rings share price & results

Shriram Pistons & Rings Limited· Automobile and Auto Components· Consumer Discretionary

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

India's largest OEM piston, piston-ring and engine-valve maker, now diversifying into EV motors and interiors.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue1,474 ₹ crore+53.1% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin18.0 %−2.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit148 ₹ crore+9.6% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity22.04 %−1.9 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin9.80 %+2.3 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)35.21 %+10.7 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

2 of 2 judged targets kept · 11 open · verdicts reflect calls analysed to Q1 FY27.

Shriram Pistons & Rings Limited management guidance track record on Inve: 13 targets tracked across analysed earnings calls (2 achieved, 0 missed, 11 open).

TargetOriginal wordingSaidLatest callVerdict
Plant Commissioning TimelineFunctional by end of June 2025
Call transcript, Q4 FY25 · 8 May 2025		Q4 FY25Q1 FY27:Promise remains achieved. Management noted the plant, commissioned in December, is now set to deliver its full-year benefit in FY27, confirming it is fully operational and contributing to growth.
Call transcript, Q1 FY27 · 5 Aug 2026		Achieved*
Return on Equity (ROE)Maintain ROE of 21% or above
Call transcript, Q2 FY26 · 7 Nov 2025		Q2 FY26Q1 FY27:ROE was not mentioned during the Q1 FY27 earnings call. The promise is ghosted for this quarter.
Call transcript, Q1 FY27 · 5 Aug 2026		On Track
Export VolumesPick up and come back to normal and probably exceed expectations
Call transcript, Q4 FY25 · 8 May 2025		Q4 FY25Q1 FY27:Management reiterated that exports are still affected, especially in Europe and America, due to geopolitical situations and supply chain issues, with normalization expected to take more time.
Call transcript, Q1 FY27 · 5 Aug 2026		At Risk

Source: Inve Guidance Tracker for Shriram Pistons & Rings Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

11 of Shriram Pistons & Rings Limited's 13 targets are still open. See which are on track and which have gone quiet. The 3 above are the free sample; 10 more targets are in the full ledger.

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Price

₹4,298.8 −0.83% · −₹35.8

Last close 26 Oct 2026 · NSE · INR · Source: Inve

Performance +60.3% 1Y

₹2.5k₹3.0k₹3.5k₹4.0k₹4.5kOct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 7 Nov 2025Q3 FY26 — 3 Feb 2026Q4 FY26 — 12 May 2026Q1 FY27 — 5 Aug 2026

1Y: ₹2,680.9 on 24 Oct 2025 → ₹4,298.8. High ₹4,749.2 (29 Sept 2026), low ₹2,595.9 (7 Nov 2025).

Previous close
₹4,334.6
Market cap
₹19.9k Cr
52-week range
₹2,595.9 – ₹4,749.2
One year
+58.22%
Price to earnings (TTM to Jun 2026)
34.17×
Return on equity (TTM to Jun 2026)
22.04%

Overview

Symbol
NSE:SHRIPISTON
Industry
Consumer Discretionary
Exchange
NSE
Currency
INR

What Shriram Pistons & Rings Limited does

Based on the company's own presentations, annual report and earnings calls.

Shriram Pistons & Rings (renamed SPR Auto Technologies in 2026) manufactures pistons, piston rings, piston pins and engine valves for two/three-wheelers, passenger vehicles, commercial vehicles, tractors and industrial/genset engines, supplying domestic OEMs, the aftermarket and export customers under decades-old technology tie-ups with Kolbenschmidt (Germany), Riken and Honda Foundry (Japan) and Fuji Oozx (Japan). It has diversified beyond core engine components through group companies into high-precision injection-moulded plastic parts (SPR Takahata, SPR TGPEL), EV motors and controllers (SPR EMF Innovations), and automotive interior and lighting systems (SPR Auto Interior Solutions, formerly Grupo Antolin India, and Karna Intertech, a gravity die-casting mould supplier). The group runs manufacturing plants across Uttar Pradesh, Rajasthan, Haryana, Maharashtra, Tamil Nadu and Madhya Pradesh, backed by a DSIR-recognised in-house technology centre for engine-component design, rig testing and alternate-fuel (CNG, hydrogen, ethanol) development.

Segments

  • Core / Legacy Products
  • High-Precision Injection Moulded Components
  • EV Motors & Controllers
  • Automotive Interior Solutions
Manufacturing facilities
14
Market position
Market leader in India's core OEM business (pistons, piston rings, engine valves)
Group/subsidiary companies
8
Assembly units
8
Sales and administrative offices
7
Logistics centers worldwide
22
Founded 1972Headquarters New Delhi, IndiaEmployees 3,857 (2025-03-31) Company website

How the price took the results

close before → close after

Q1 FY27
+0.9%
5 Aug
Q4 FY26
−3.6%
12 May
Q3 FY26
+6.2%
3 Feb
Q2 FY26
−2.4%
7 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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