Shriram Pistons

Which are the latest news on Shriram Pistons?

Why is Shriram Pistons & Rings Ltd falling/rising?

As of 24-Jun, Shriram Pistons & Rings Ltd's stock price has risen to Rs. 3,928.65, reflecting a 2.08% increase, driven by strong performance relative to the market, high investor confidence, and solid fundamentals. The stock has outperformed the Sensex significantly over various time frames and reached a new all-time high, indicating robust investor interest.

As of 24-Jun, Shriram Pistons & Rings Ltd is experiencing a rise in its stock price, currently at Rs. 3,928.65, reflecting an increase of Rs. 79.95 or 2.08%. This upward movement can be attributed to several key factors. <BR><BR>Firstly, the stock has shown strong performance relative to the broader market, outperforming the Sensex, which has seen a decline of 0.21% over the past week. In contrast, Shriram Pistons has gained 6.04% in the same period. Over the past month, the stock has risen by 20.68%, significantly outpacing the Sensex's 2.09% increase. Year-to-date, the stock has achieved a remarkable 21.26% rise, while the market has declined by 9.66%. <BR><BR>Additionally, the stock reached a new 52-week and all-time high of Rs. 3,955.55 today, indicating strong investor confidence. The stock has also been on a consecutive gain streak for the last three days, accumulating a total return of 5.41% during this period. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is often a positive indicator for investors.<BR><BR>Moreover, there has been a notable increase in investor participation, with delivery volume rising by 41.7% compared to the 5-day average, suggesting heightened interest and confidence in the stock. The liquidity of the stock is also favorable, allowing for sufficient trading activity.<BR><BR>The company’s strong long-term fundamentals, highlighted by an average Return on Capital Employed (ROCE) of 28.26% and a low Debt to Equity ratio of 0.06, further bolster investor sentiment. Institutional holdings are high at 20.53%, with an increase of 0.77% in their stake over the previous quarter, indicating that knowledgeable investors are backing the stock.<BR><BR>In summary, the combination of strong performance metrics, positive investor sentiment, and solid fundamentals contribute to the rising stock price of Shriram Pistons & Rings Ltd.

How big is Shriram Pistons?

As of 10th June, Shriram Pistons & Rings Ltd has a market capitalization of 14,522.00 Cr, with recent net sales of 4,458.80 Cr and a net profit of 552.90 Cr.

As of 10th June, Shriram Pistons & Rings Ltd has a market capitalization of 14,522.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, Shriram Pistons reported Net Sales of 4,458.80 Cr and a Net Profit of 552.90 Cr.<BR><BR>For the latest annual period, the company has Shareholder's Funds amounting to 2,393.66 Cr and Total Assets of 3,722.51 Cr.

Who are in the management team of Shriram Pistons?

The management team of Shriram Pistons includes key members such as Pradeep Dinodia (Chairman), Krishnakumar Srinivasan (Managing Director & CEO), and several non-executive and independent directors, bringing diverse expertise to the company.

The management team of Shriram Pistons includes the following key members:<BR><BR>1. **Pradeep Dinodia** - Chairman (Non-Executive)<BR>2. **Luv D Shriram** - Whole-time Director<BR>3. **Krishnakumar Srinivasan** - Managing Director & CEO<BR>4. **Hari S Bhartia** - Non-Executive & Independent Director<BR>5. **Inderdeep Singh** - Non-Executive & Independent Director<BR>6. **Meenakshi S Dass** - Non-Executive & Non-Independent Director<BR>7. **Ferid Chopra** - Non-Executive & Independent Director<BR>8. **Alok Ranjan** - Non-Executive & Independent Director<BR>9. **Shinichi Unno** - Independent Director<BR>10. **Pankaj Gupta** - Company Secretary & Compliance Officer<BR>11. **Sascha Putz** - Non-Executive & Non-Independent Director<BR>12. **Masaaki Yamaguchi** - Non-Executive Director<BR>13. **Klaus Semke** - Alternate Director<BR>14. **Yansunori Maekawa** - Alternate Director<BR><BR>This diverse team brings a range of expertise and governance to the company.

Who are the peers of the Shriram Pistons?

Peers of Shriram Pistons include CIE Automotive, JBM Auto, Minda Corp, Amara Raja Ener., Gabriel India, Lumax Auto Tech., Ramkrishna Forg., Banco Products, and Varroc Engineer. Shriram Pistons and several peers exhibit excellent management risk and growth, while Gabriel India leads in 1-year returns at 57.58%, and Amara Raja Ener. has the lowest at -20.83%.

Peers: The peers of Shriram Pistons are CIE Automotive, JBM Auto, Minda Corp, Amara Raja Ener., Gabriel India, Lumax Auto Tech., Ramkrishna Forg., Banco Products, and Varroc Engineer.<BR><BR>Quality Snapshot: Excellent management risk is observed at Shriram Pistons, Minda Corp, CIE Automotive, Gabriel India, and Lumax Auto Tech., while Average management risk is found at JBM Auto, Banco Products, and Varroc Engineer. Good management risk is noted for Amara Raja Ener. and Ramkrishna Forg., and the rest have below average management risk. In terms of growth, Shriram Pistons, Minda Corp, CIE Automotive, Gabriel India, and Lumax Auto Tech. show excellent growth, while JBM Auto has excellent growth but below average capital structure. Below average growth is seen at Amara Raja Ener., and the rest have good growth. For capital structure, Shriram Pistons, CIE Automotive, Amara Raja Ener., Gabriel India, and Banco Products have excellent capital structure, while JBM Auto and Ramkrishna Forg. have below average capital structure.<BR><BR>Return Snapshot: Gabriel India has the highest 1-year return at 57.58%, while Amara Raja Ener. has the lowest at -20.83%. Shriram Pistons' 1-year return of 37.02% is significantly higher than Amara Raja Ener.'s. Additionally, Amara Raja Ener. and Ramkrishna Forg. have negative six-month returns.

What does Shriram Pistons do?

Shriram Pistons & Rings Ltd is India's largest exporter of pistons and rings in the auto components industry, with a market cap of INR 14,522 Cr and reported net sales of 1,456 Cr and net profit of 156 Cr for March 2026. Key metrics include a P/E of 26.00, a dividend yield of 0.30%, and a return on equity of 19.75%.

Overview:<BR>Shriram Pistons & Rings Ltd is India's largest exporter of pistons and rings, operating in the Auto Components & Equipments industry within the Small Cap market-cap bracket.<BR><BR>History:<BR>The company was incorporated on December 9, 1963, as a Public Limited Company. The latest quarterly results reported are for March 2026, showing net sales and profit figures.<BR><BR>Financial Snapshot:<BR>- Net Sales: 1,456 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 156 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 14,522 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 26.00<BR>- Industry P/E: 35<BR>- Dividend Yield: 0.30%<BR>- Debt Equity: 0.28<BR>- Return on Equity: 19.75%<BR>- Price to Book: 5.00<BR><BR>Contact Details:<BR>Address: 3rd Floor Himalaya House, 23 Kasturba Gandhi Marg, New Delhi, New Delhi: 110001<BR>Tel: 91-11-23315941<BR>Email: r.srinivasan@shrirampistons.com<BR>Website: http://www.shrirampistons.com

Are Shriram Pistons & Rings Ltd latest results good or bad?

Shriram Pistons & Rings Ltd reported strong net sales growth of 47.29% year-on-year, reaching ₹1,455.80 crores, but net profit growth slowed to 6.69% and operating margins contracted to 18.40% due to rising costs, particularly interest expenses. While revenue growth is positive, the declining profitability raises concerns about the company's operational challenges.

The latest results for Shriram Pistons & Rings Ltd present a mixed picture. On one hand, the company achieved a remarkable net sales growth of 47.29% year-on-year, reaching an all-time high of ₹1,455.80 crores. This strong revenue performance indicates robust demand in both domestic and export markets, reflecting the company's leadership in the piston and ring manufacturing sector.<BR><BR>However, the net profit growth of 6.69% year-on-year is less impressive, especially considering it represents a significant slowdown compared to previous quarters. Additionally, the operating margin has contracted to 18.40%, down from 21.29% a year earlier, indicating that rising costs, particularly in employee expenses and interest, are impacting profitability. The interest costs have surged dramatically, nearly quadrupling to ₹32.90 crores, which raises concerns about the company's financial leverage and sustainability of its growth.<BR><BR>Overall, while the top-line growth is commendable, the pressure on margins and the sharp increase in interest costs suggest that the company is facing significant operational challenges. This combination of strong revenue growth but declining profitability points to a cautious outlook for the near term.

Should I buy, sell or hold Shriram Pistons & Rings Ltd?

Has Shriram Pistons & Rings Ltd declared dividend?

Yes, Shriram Pistons & Rings Ltd has declared a dividend of 50% (₹5 per share) with an ex-date of February 6, 2026. Recent performance shows a total return of 52.63% over the past year, but there have been no returns in the longer 2 to 5-year periods.

Shriram Pistons & Rings Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 50%<BR>- Amount per share: 5<BR>- Ex-date: 06 Feb 26<BR><BR>Dividend Yield: 0.35%.<BR><BR>Total Returns by Period:<BR>In the last 3 months, the price return was 14.87%, the dividend return was 0.19%, resulting in a total return of 15.06%.<BR><BR>Over the past 6 months, the price return was 27.81%, the dividend return was 0.21%, leading to a total return of 28.02%.<BR><BR>For the 1-year period, the price return was 52.14%, the dividend return was 0.49%, culminating in a total return of 52.63%.<BR><BR>In the 2-year period, there was no price return or dividend return, resulting in a total return of 0.0%.<BR><BR>Similarly, for the 3-year period, there were no returns, maintaining a total return of 0.0%.<BR><BR>Over the 4-year period, the company also reported no returns, resulting in a total return of 0.0%.<BR><BR>In the 5-year period, there were no returns recorded, leading to a total return of 0.0%.<BR><BR>Overall, Shriram Pistons & Rings Ltd has declared a significant dividend, and the recent total returns indicate strong performance over the last year, particularly in price returns. However, the lack of returns in longer periods suggests a need for cautious evaluation of long-term performance.

Is Shriram Pistons overvalued or undervalued?

As of November 28, 2025, Shriram Pistons is considered overvalued with a PE ratio of 21.30 and other high valuation metrics, making it less attractive compared to peers despite a recent decline in stock performance.

As of 28 November 2025, the valuation grade for Shriram Pistons has moved from fair to expensive, indicating that the company is currently overvalued. The key ratios highlight this assessment, with a PE ratio of 21.30, an EV to EBITDA of 13.83, and a Price to Book Value of 4.36. These figures suggest that the stock is trading at a premium compared to its earnings and book value.<BR><BR>In comparison with peers, Shriram Pistons' PE ratio of 21.30 is significantly lower than that of Rail Vikas, which stands at 59.5, but still falls within the expensive range. Other peers like Tube Investments and AIA Engineering exhibit even higher valuations, with PE ratios of 85.47 and 31.93, respectively. Despite the recent stock performance showing a decline of 0.73% over the past week against a 0.56% increase in the Sensex, the overall valuation suggests that Shriram Pistons may not be an attractive investment at this time.

Is Shriram Pistons technically bullish or bearish?

As of November 4, 2025, Shriram Pistons shows a mildly bullish trend, supported by Bollinger Bands and Dow Theory, despite a bearish MACD signal, with the current price at 2704.00 above the previous close of 2673.10.

As of 4 November 2025, the technical trend for Shriram Pistons has changed from sideways to mildly bullish. The weekly MACD is mildly bearish, which contrasts with the bullish signal from the Bollinger Bands on the weekly timeframe. The Dow Theory indicates a mildly bullish stance on the weekly chart, while the monthly indicators show no clear trend. The current price of 2704.00 is above the previous close of 2673.10, and today's high of 2747.35 suggests upward momentum. Overall, the technical stance is mildly bullish, driven primarily by the Bollinger Bands and Dow Theory, despite the bearish MACD signal.

How has been the historical performance of Shriram Pistons?

Shriram Pistons has exhibited consistent growth in net sales and profits, with net sales increasing from ₹1,596.60 Cr in March 2021 to ₹3,549.80 Cr in March 2025, and profit after tax rising from ₹73.03 Cr to ₹515.50 Cr in the same period. The company's total assets also grew significantly, reflecting strong overall financial performance.

Answer:<BR>The historical performance of Shriram Pistons shows a consistent growth trajectory in net sales and profits over the years, with significant increases noted in the latest fiscal year ending March 2025.<BR><BR>Breakdown:<BR>Shriram Pistons has demonstrated robust growth in net sales, rising from 1,596.60 Cr in March 2021 to 3,549.80 Cr in March 2025. This upward trend is mirrored in total operating income, which also increased significantly from 1,596.60 Cr to 3,549.80 Cr over the same period. The company's operating profit (PBDIT) has shown a steady increase, reaching 835.60 Cr in March 2025, up from 201.83 Cr in March 2020. Profit before tax has similarly improved, climbing to 681.60 Cr in March 2025 from 86.41 Cr in March 2020. Consequently, profit after tax rose to 515.50 Cr in March 2025, compared to 73.03 Cr in March 2020. The company's total assets have expanded from 1,558.26 Cr in March 2020 to 3,722.51 Cr in March 2025, while total liabilities increased from 1,558.26 Cr to 3,722.51 Cr during the same period. Cash flow from operating activities has fluctuated, with a notable cash flow of 434.00 Cr in March 2025. Overall, Shriram Pistons has shown a strong financial performance with increasing revenues, profits, and asset growth over the years.

When is the next results date for Shriram Pistons?

The next results date for Shriram Pistons is November 4, 2025.

The next results date for Shriram Pistons is scheduled for November 4, 2025.

Who are the top shareholders of the Shriram Pistons?

The top shareholders of Shriram Pistons include Meenakshi Dass with 17.43%, Riken Corporation with 21.3%, mutual funds with 3.36%, foreign institutional investors holding 5.31%, and individual investors owning 11.86%.

The top shareholders of Shriram Pistons include a mix of promoters and public investors. The largest promoter is Meenakshi Dass, who holds a significant stake of 17.43%, jointly with Luv D. Shriram and the Deepak Shriram Family Benefit Trust. In terms of public shareholders, Riken Corporation stands out with a holding of 21.3%. Additionally, the company has mutual funds represented by 8 schemes, accounting for 3.36% of the shares, and foreign institutional investors (FIIs) hold 5.31% through 73 different entities. Individual investors collectively own 11.86% of the shares.

What is the bonus history of the Shriram Pistons?

Shriram Pistons announced a 1:1 bonus issue on July 24, 2023, granting shareholders one additional share for each share owned as of that date.

Shriram Pistons has a recent bonus history that includes a 1:1 bonus issue announced with an ex-date of July 24, 2023. This means that shareholders received one additional share for every share they owned as of that date. If you have any more questions about the company or its financial activities, feel free to ask!