SHRIRAM PISTONS & RINGS LTD
₹4,373.35-₹107.00 (-2.4%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹13,415 Cr
- P/E
- 25.7x
- EV / EBITDA
- 18.9x
- Revenue
- ₹3,180 Cr
- Net margin
- 15.1%
- ROCE
- 27.2%
Price chart
Technical chartScreen technicals →+63.8% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -5.8%
- 3M
- +1.0%
- 6M
- +25.4%
- 1Y
- +63.8%
- 5Y
- +116.0%
52-week range
Day change -₹107.00 (-2.4%) from ₹4,480 to ₹4,373 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in SHRIPISTON, bought on each weekday since 2025.
AI Summary
Indian StockStrengths1
- Strong 5-year net profit CAGR of 43.7%
Concerns0
Rule-based from financial data. Not advice.
About the company
SPR Auto Technologies Limited manufactures and sells automotive components in India. The company offers pistons, piston pins, piston rings, and engine valves.
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SPR Auto Technologies Limited manufactures and sells automotive components in India. The company offers pistons, piston pins, piston rings, and engine valves. It also provides cylinder liners; crankshafts; connecting rods; cylinder heads; lubricating oils; fuel, air, cabin, and hydraulic filters; and gaskets, such as copper asbestos copper, aluminium asbestos aluminium, multilayer steel, asbestos steel asbestos, and cylinder head gaskets. In addition, the company offers electric motors and motors controllers, and precision injection moulded parts. Further, it manufactures and supplies gravity die casting moulds. The company also exports its products. It serves OEMs operating in the passenger and commercial vehicles, cars/SUVs, two and three wheelers, tractors, off-highway vehicles, and industrial and railway engines, as well as various defense and industrial applications. The company was formerly known as Shriram Pistons & Rings Limited and change its name to SPR Auto Technologies Limited in March 2026. SPR Auto Technologies Limited was incorporated in 1963 and is headquartered in New Delhi, India.
- Sector
- Automobiles & Components
- Shares outstanding
- 4.4 Cr shares
- ISIN
- INE526E01018
- BSE code
- 544344
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹13,415 Cr
- P/E
- 25.7x
- P/B
- 5.1x
- EV / EBITDA
- 18.9x
- EV / Sales
- 4.5x
- P/S
- 4.5x
- Earnings yield
- 3.9%
- 52-week high
- ₹4,744.95
- 52-week low
- ₹2,588.90
Profitability
- Operating margin
- 21.3%
- Net margin
- 15.1%
- EBITDA margin
- 24.1%
- ROE
- 22.9%
- ROCE
- 27.2%
- ROA
- 15.6%
- Dividend payout
- 10.0%
- Tax rate
- 25.0%
- Other income, % of PBT
- 13.5%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹3,180 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 7.7%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 12.9%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹711 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 39.7%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 11.4%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 43.7%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹474 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 18.8%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -₹3.00 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 23.0%
Solvency and efficiency
- Current ratio
- 4.07
- Debt / Equity
- 0.19
- Debt / Assets
- 0.13
- Debt / EBITDA
- 0.52
- Interest coverage
- 25.20
- Financial leverage
- 1.47
- CFO / Net profit
- 1.06
- Cash / Market cap
- 13.9%
- Cash per share
- ₹422.33
- Asset turnover
- 1.03
- Fixed asset turnover
- 4.87
- Capital intensity
- 0.21
- Debtor days
- 55 days
- Inventory turnover
- 3.26
- Cash conversion cycle
- 63 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹16 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹2,504 Cr |
| Sales | Operating profit | ₹676 Cr |
| Operating profit | Interest | ₹25 Cr |
| Operating profit | Depreciation | ₹87 Cr |
| Operating profit | Profit before tax | ₹564 Cr |
| Other income | Profit before tax | ₹103 Cr |
| Profit before tax | Tax and other | ₹170 Cr |
| Profit before tax | Net profit | ₹498 Cr |
Revenue and net profit
Revenue grew 7.7% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹1,597 Cr | ₹89 Cr |
| FY2022 | ₹2,065 Cr | ₹164 Cr |
| FY2023 | ₹2,605 Cr | ₹296 Cr |
| FY2024 | ₹2,954 Cr | ₹447 Cr |
| FY2025 | ₹3,180 Cr | ₹498 Cr |
Cash flows
FY2025: ₹419 Cr from operations, ₹54.0 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹190 Cr | ₹180 Cr |
| FY2022 | ₹219 Cr | ₹163 Cr |
| FY2023 | ₹399 Cr | -₹88 Cr |
| FY2024 | ₹474 Cr | ₹14 Cr |
| FY2025 | ₹419 Cr | ₹54 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹3,180 Cr+7.7%1Y
- Net profit
- ₹498 Cr+11.4%1Y
- Cash from operations
- ₹419 Cr
- Free cash flow
- ₹54 Cr+285.7%1Y
- Revenue CAGR, 5Y
- 12.9%
- EBITDA CAGR, 5Y
- 28.6%
- Net profit CAGR, 5Y
- 43.7%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹3,180 Cr | ₹676 Cr | — | ₹498 Cr | ₹419 Cr | ₹54 Cr | 20.7% | +7.7% | +11.4% |
Monthly returns
Month-by-month returns of SHRIPISTON across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹3,387 Cr |
| Equity capital | ₹44 Cr |
| Reserves | ₹2,365 Cr |
| Borrowings | ₹381 Cr |
| Other liabilities | ₹597 Cr |
| Assets | ₹3,387 Cr |
| Fixed assets | ₹603 Cr |
| Capital work in progress | ₹6 Cr |
| Investments | ₹613 Cr |
| Other assets | ₹2,165 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
SHRIPISTON trades at 25.7x earnings against a peer median of 34.8x (a 26% discount).
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| SHRIRAM PISTONS & RINGS LTDSHRIPISTONthis companyP/E ↓ discount | ₹13,415 Cr | 25.7x | 5.1x | 22.9% | 18.9x |
| Amara Raja Energy & Mobility LimitedARE&M | ₹16,138 Cr | 20.0x | 2.1x | 13.4% | 9.1x |
| Ceat Ltd.CEATLTD | ₹15,583 Cr | 27.6x | 3.4x | 16.6% | 10.2x |
| CIE Automotive India LimitedCIEINDIA | ₹15,419 Cr | 25.7x | 2.8x | — | — |
| JK Tyre & Industries Ltd.JKTYRE | ₹14,531 Cr | 29.8x | 3.1x | 15.2% | 11.7x |
| JBM Auto LimitedJBMA | ₹14,356 Cr | 97.8x | 11.8x | 5.8% | 46.7x |
| Minda Corporation LimitedMINDACORP | ₹13,749 Cr | 76.2x | 6.6x | 10.8% | 31.0x |
| Gabriel India Ltd.GABRIEL | ₹13,705 Cr | 61.1x | 11.1x | 18.4% | 43.3x |
| RailTel Corporation of India LimitedRAILTEL | ₹10,909 Cr | 33.7x | 5.2x | 13.5% | 21.1x |
| Peer median | — | 34.8x | 5.2x | 16.1% | 21.0x |
Year-to-date ROI
SHRIPISTON since 1 January, against earlier years.
Historical volatility
SHRIPISTON's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 14.0% |
| FY2022 | 15.0% |
| FY2023 | 18.0% |
| FY2024 | 21.0% |
| FY2025 | 21.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹3,180 Cr |
| Costs | |
| Interest | ₹25 Cr |
| Expenses | ₹2,503 Cr |
| Operating profitOperating Profit | ₹676 Cr |
| Other income and charges | |
| Profit before tax | ₹668 Cr |
| Tax | |
| Net profitNet Profit | ₹498 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹3,387 Cr |
| Equity capitalEquity Capital | ₹44 Cr |
| Reserves | ₹2,365 Cr |
| Borrowings | ₹381 Cr |
| Other liabilitiesOther Liabilities | ₹597 Cr |
| AssetsTotal Assets | ₹3,387 Cr |
| Fixed assetsFixed Assets | ₹603 Cr |
| Capital work in progressCWIP | ₹6 Cr |
| Investments | ₹613 Cr |
| Other assetsOther Assets | ₹2,165 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹419 Cr |
| Investing cash flowCash from Investing Activity | -₹365 Cr |
| Financing cash flowCash from Financing Activity | -₹57 Cr |
| Change in cashNet Cash Flow | -₹3 Cr |
Learn while you research
Academy chapters picked for SHRIRAM PISTONS & RINGS LTD and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 04 Sectors & IndustriesHow to classify and compare companies across sectors.6 min read
- 05 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
- 06 How to Read a Cash-Flow StatementProfit can be manipulated; cash flow rarely lies.7 min read