SPR Auto Technologies Ltd logo

SPR Auto Technologies Ltd

SHRIPISTON NSE

Key Fundamentals

SmallcapAuto ComponentsAutomobiles
Market Cap
₹19,649 Cr
Volatility
Moderate
P/E Ratio
35.38
EBITDA
₹989 Cr
Return on Equity
18.6%
Debt to Equity
0.68
Book Value
₹656.39
EPS
₹103.54
52W High
₹4,588
52W Low
₹2,452

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

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49 extracted metrics + investor summaries across FY15–FY26.

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Tapetide Score

Data-driven rating, 0–100. How it works →

Technical Indicators

Key Insights

Strengths

2
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 45.1% CAGR over last 5 years

Weaknesses

1
  • Company might be capitalizing the interest cost

Growth Rate

Revenue Growth
24.86% ↗
Net Income Growth
8.88% ↗
Cash Flow Change
43.89% ↗
ROE
-9.88% ↘
ROCE
-29.33% ↘
EBITDA Margin (Avg.)
-5.30% ↘

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 5d ago
AI opinion · based on fundamentals
Risk medium

SPR Auto Technologies (formerly Shriram Pistons & Rings) is a mid-cap auto-component manufacturer trading at a market cap of ~₹19,784 Cr with a PE of 34.3x. The company delivered 25.6% revenue growth in FY2026 to ₹4,459 Cr and has a 5-year profit CAGR of 45%, though recent debt has risen sharply from ₹381 Cr to ₹1,732 Cr in FY2026 and earnings growth has moderated to 9% YoY.

Bull Case 7
  • Strong 5-year compounded profit growth of 45% CAGR demonstrates sustained earnings expansion
  • Revenue grew 25.6% YoY in FY2026 to ₹4,459 Cr, outpacing the domestic automotive market growth of 3.5%
  • Consistent return on equity at 21-23% over 3-5 years indicates efficient capital deployment
  • Stock has compounded at 53% CAGR over 3 years and 57% over 5 years, reflecting sustained re-rating
  • TTM sales growth of 35% signals accelerating top-line momentum versus the 5-year CAGR of 23%
  • Q1FY27 revenue of ₹1,474 Cr grew 53% YoY, suggesting continued strong demand traction
  • Net worth expanded from ₹1,950 Cr in FY2024 to ₹2,882 Cr in FY2026, a 48% increase over two years
Bear Case 8
  • Debt surged from ₹381 Cr in FY2025 to ₹1,732 Cr in FY2026, a 4.5x increase in one year raising leverage concerns
  • Earnings growth decelerated sharply to 9% YoY in FY2026 versus TTM profit growth of 11% and 5-year CAGR of 45%
  • PE of 34.3x is elevated for an auto-component manufacturer, leaving limited margin of safety if growth slows further
  • Possible capitalization of interest costs may be flattering reported profitability and understating true expenses
  • Dividend yield of just 0.22% offers negligible income return to shareholders relative to market cap of ₹19,784 Cr
  • Price-to-book of 6.81x suggests the stock prices in substantial future growth that must be delivered
  • 10-year compounded sales growth of only 12% indicates the recent acceleration may not be sustainable long-term
  • Debt-to-equity ratio has risen to approximately 0.60-0.65x from near-zero levels, changing the risk profile

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 17h ago
Headwinds 1
  • Fined for regulatory compliance delays Aug 4

    NSE and BSE fined SPR Auto Technologies ₹11,800 for delays in SEBI Listing Regulation compliance during May 2026. Board committed to strengthening monitoring mechanisms.

Positives 1
  • Strong Q1FY26 revenue up 53% Aug 4

    Consolidated net profit rose 9.5% YoY to ₹1,477 crore for Q1FY26. Revenue surged 53% to ₹14,744 crore, driven by acquisitions. Arun Kumar Shukla appointed as WTD.

Neutral 5
  • Investor roadshow scheduled Aug 7-11 Aug 6

    SPR Auto Technologies scheduled virtual and physical meetings with institutional investors and major funds from August 7 to August 11, 2026.

  • Promoters hold 43.75% unencumbered Jul 28

    Promoters disclosed under SEBI SAST Reg 31(4) that their 43.75% stake remains free of encumbrances for FY26, ensuring stable holding.

  • 62nd AGM concluded Jul 27 Jul 27

    Shareholders voted on financial statements, director re-appointments, and fund raising at the 62nd AGM held July 27, 2026.

  • Q1FY27 earnings call Aug 5 Jul 20

    SPR Auto Technologies will host its Q1FY27 earnings call on August 5, 2026 via audio conference for analysts and investors.

  • ₹53.39 crore block trade on NSE Jul 20

    Approximately 127,590 shares traded in a block deal at ₹4,184.50 per share on NSE, totalling ₹53.39 crore, reflecting significant large-investor activity.

TL;DR: SPR Auto Technologies delivered strong Q1FY26 results with 53% revenue growth and near double-digit profit expansion, underpinned by acquisitions. The regulatory fine is negligible at ₹11,800 and poses no material risk. Promoter holding is stable and unencumbered, and institutional interest is evident from the block trade and upcoming roadshow. The trend is positive with momentum from acquisitions, though investors should watch integration execution in coming quarters.

Quarterly Results

  Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
716
752
766
856
837
876
848
988
963
1,016
1,023
1,456
1,474
Expenses
570
594
604
679
672
699
677
778
768
809
817
1,188
1,216
Operating Profit
146
158
161
177
165
178
170
210
195
207
206
268
258
OPM %
20%
21%
21%
21%
20%
20%
20%
21%
20%
20%
20%
18%
18%
Other Income
19
23
19
24
26
30
27
27
28
26
8
23
25
Interest
6
7
8
9
9
9
8
8
9
8
12
33
34
Depreciation
23
22
29
34
30
31
31
28
32
33
33
52
53
PBT
136
151
143
158
154
168
159
201
183
192
169
206
195
Tax %
26%
25%
25%
26%
24%
25%
24%
25%
26%
26%
26%
23%
24%
Net Profit
101
113
108
116
117
126
121
152
135
142
126
159
148
EPS in Rs
23.17
25.8
24.37
27.15
26.22
28.33
27.2
33.26
30.35
31.76
27.92
35.48
32.78
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
1,244
1,393
1,463
1,729
1,955
1,607
1,597
2,065
2,609
3,089
3,550
4,459
4,970
Expenses
1,054
1,161
1,207
1,436
1,660
1,425
1,381
1,760
2,149
2,447
2,826
3,583
4,031
Operating Profit
190
232
255
293
295
182
216
304
460
642
724
876
939
OPM %
15%
17%
17%
17%
15%
11%
14%
15%
18%
21%
20%
20%
19%
Other Income
17
18
26
24
22
20
19
29
47
85
111
85
82
Interest
32
26
20
16
14
12
13
11
19
30
34
62
87
Depreciation
96
93
90
90
94
103
103
102
95
108
120
149
170
PBT
79
131
171
211
209
86
120
220
393
589
682
751
763
Tax %
28%
30%
31%
34%
34%
15%
26%
26%
25%
26%
24%
25%
—
Net Profit
57
92
118
139
138
73
89
164
294
439
516
561
575
EPS in Rs
12.82
20.5
26.42
31.07
30.97
16.34
19.85
37.18
66.7
100
115
125
128
Div. Payout %
14%
10%
13%
16%
16%
18%
15%
13%
11%
10%
9%
8%
—
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
22
22
22
22
22
22
22
22
22
44
44
44
Reserves
585
673
772
891
1,004
1,048
1,126
1,233
1,505
1,882
2,350
2,857
Borrowings
310
289
226
179
97
135
146
157
333
487
508
1,968
Other Liabilities
272
308
334
398
445
352
409
438
512
723
821
1,273
Total Liabilities
1,189
1,292
1,354
1,491
1,568
1,558
1,704
1,850
2,373
3,136
3,723
6,142
Fixed Assets
667
597
577
555
613
741
703
689
733
934
1,203
2,976
CWIP
4
6
9
11
17
19
8
6
5
31
58
96
Investments
0
18
8
20
6
61
34
32
72
115
36
135
Other Assets
518
672
760
904
934
737
959
1,124
1,563
2,056
2,425
2,935
Total Assets
1,189
1,292
1,354
1,491
1,568
1,558
1,704
1,850
2,373
3,136
3,723
6,142
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
129
255
183
175
157
297
190
219
395
487
434
625
Investing
-45
-67
-55
-65
-157
-214
-10
-56
-209
-422
-385
-1,815
Financing
-111
-113
-89
-88
-61
-111
-28
-91
53
-42
-61
1,252
Net Cash Flow
-27
75
39
21
-62
-28
152
72
240
23
-11
63
Free Cash Flow
85
205
111
104
-18
126
145
158
273
340
266
437
CFO/OP
81
128
92
84
76
182
99
91
108
100
83
91
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
63
58
59
68
66
54
74
63
55
56
60
68
Inventory Days
196
175
213
190
184
182
175
155
113
114
116
111
Days Payable
129
157
185
178
144
144
184
142
115
104
101
121
Cash Conversion Cycle
130
75
87
80
107
92
65
75
53
66
75
58
Working Capital Days
44
36
38
41
64
44
44
44
27
21
29
1
ROCE %
12%
16%
19%
21%
20%
8%
11%
17%
25%
28%
26%
21%

Shareholding Pattern

As of Jun 2026
Promoters 43.75%
Others 24.88%
DIIs 12.17%
Public 10.99%
FIIs 8.21%
Total 100.00%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Jul 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters
47.30%
47.30%
47.30%
46.75%
46.75%
46.75%
46.75%
46.75%
46.75%
46.75%
46.75%
46.75%
46.75%
46.75%
46.75%
43.75%
43.75%
43.75%
43.75%
43.75%
43.75%
43.75%
43.75%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
4.89%
5.31%
5.88%
6.00%
6.62%
7.64%
8.21%
DIIs
10.36%
10.36%
10.36%
10.28%
10.28%
10.28%
10.17%
10.11%
10.05%
9.59%
9.35%
9.29%
9.14%
8.47%
7.63%
8.77%
13.22%
13.15%
13.34%
13.24%
13.14%
12.88%
12.17%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
0.83%
0.83%
0.88%
0.85%
0.85%
0.89%
0.93%
0.94%
1.03%
1.54%
1.67%
2.00%
9.78%
13.01%
13.40%
13.05%
12.36%
11.86%
11.53%
11.56%
11.14%
10.96%
10.99%
Others
41.50%
41.50%
41.45%
42.12%
42.12%
42.08%
42.15%
42.20%
42.17%
42.11%
42.23%
41.96%
34.32%
31.77%
32.21%
34.43%
25.78%
25.93%
25.51%
25.45%
25.35%
24.76%
24.88%
No. of Shareholders
0
2,128
2,225
2,432
2,380
2,467
2,406
2,482
2,616
3,043
4,672
5,309
8,218
22,627
40,419
47,013
45,092
43,808
46,039
51,290
49,226
49,520
54,998

Documents

Frequently Asked Questions about SPR Auto Technologies Ltd

What does SPR Auto Technologies Ltd do?
Shriram Pistons & Rings Ltd is primarily engaged in the manufacturing of pistons, piston pins, piston rings and engine valves for various automotive companies in the domestic and export markets.[1]
Where is SPR Auto Technologies Ltd (SHRIPISTON) listed?
SPR Auto Technologies Ltd is listed on the Indian stock exchanges. It is listed on NSE: SHRIPISTON and BSE: 544344. You can view its live share price, financials, and ratios on Tapetide.
Which sector does SPR Auto Technologies Ltd belong to?
SPR Auto Technologies Ltd operates in the Consumer Discretionary sector within the Auto Components industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of SPR Auto Technologies Ltd?
SPR Auto Technologies Ltd has a market capitalisation of approximately ₹19648.86 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of SPR Auto Technologies Ltd?
The Price-to-Earnings (PE) ratio of SPR Auto Technologies Ltd is 35.38. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of SPR Auto Technologies Ltd?
Over the past 52 weeks, SPR Auto Technologies Ltd has traded between a low of ₹2,452 and a high of ₹4,588. This range helps investors understand the stock's price volatility and recent trading levels.
Does SPR Auto Technologies Ltd pay dividends?
Yes, SPR Auto Technologies Ltd has a dividend yield of 0.23%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of SPR Auto Technologies Ltd?
SPR Auto Technologies Ltd has a Return on Equity (ROE) of 18.60%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research SPR Auto Technologies Ltd on Tapetide?
On Tapetide, you can view SPR Auto Technologies Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

Shriram Pistons & Rings Ltd is primarily engaged in the manufacturing of pistons, piston pins, piston rings and engine valves for various automotive companies in the domestic and export markets.[1]

Website shrirampistons.com
Listed 2016-06-02
Face Value ₹ 10
Issued Size 4,40,49,824

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