Results Snapshot
Figures in Cr
Consolidate Annual Results
Mar'26
Mar'25
Mar'24
Mar'23
Mar'22
Mar'21
Mar'20
Net Sales
4,458.70
3,549.80
3,089.33
2,609.33
2,064.66
1,596.60
1,606.77
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
4,458.70
3,549.80
3,089.33
2,609.33
2,064.66
1,596.60
1,606.77
Raw Material Cost
1,991.90
1,436.10
1,166.33
992.69
766.44
505.74
488.27
Purchase of Finished goods
86.30
85.90
87.61
97.34
80.21
63.71
55.88
(Increase) / Decrease In Stocks
-20.60
-34.30
-6.18
8.19
-59.68
2.76
40.51
Employee Cost
575.90
513.80
459.48
414.36
391.76
335.71
343.71
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Selling and Distribution Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Expenses
949.40
824.10
740.06
636.39
581.47
473.16
496.41
Total Expenditure (Excl Depreciation)
3,582.90
2,825.60
2,447.30
2,148.97
1,760.20
1,381.08
1,424.78
Operating Profit (PBDIT) excl Other Income
875.80
724.20
642.03
460.36
304.46
215.52
181.99
Other Income
112.60
111.40
85.27
46.66
29.22
19.58
19.84
Operating Profit (PBDIT)
988.40
835.60
727.30
507.02
333.68
235.10
201.83
Interest
62.20
34.30
30.46
19.29
11.42
12.56
12.38
Exceptional Items
-27.10
0.00
0.00
0.00
0.00
0.00
0.00
Gross Profit (PBDT)
899.10
801.30
696.84
487.73
322.26
222.54
189.45
Depreciation
148.60
119.70
107.71
94.71
102.05
102.56
103.04
Profit Before Tax
750.50
681.60
589.13
393.02
220.21
119.98
86.41
Tax
189.10
166.10
150.47
99.14
56.64
31.23
13.38
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
561.40
515.50
438.66
293.88
163.57
88.75
73.03
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
561.40
515.50
438.66
293.88
163.57
88.75
73.03
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
-8.90
-8.90
3.89
0.00
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
552.50
506.60
442.55
293.88
163.57
88.75
73.03
Equity Capital
44.00
44.00
44.05
22.02
22.02
22.37
22.37
Face Value
10.0
10.0
10.0
10.0
10.0
10.0
10.0
Reserves
2,847.30
2,339.90
1,881.63
1,505.44
1,233.00
1,125.77
1,048.13
Earnings per share (EPS)
125.57
115.14
100.47
133.46
74.28
39.67
32.65
Diluted Earnings per share
125.43
115.02
100.47
133.43
73.49
39.67
32.64
Operating Profit Margin (Excl OI)
19.64%
20.4%
20.78%
17.64%
14.75%
13.5%
11.33%
Gross Profit Margin
20.17%
22.57%
22.56%
18.69%
15.61%
13.94%
11.79%
PAT Margin
12.59%
14.52%
14.2%
11.26%
7.92%
5.56%
4.55%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Mar 2026 is 25.60% vs 14.91% in Mar 2025
Consolidate Net Profit
YoY Growth in year ended Mar 2026 is 9.06% vs 14.47% in Mar 2025
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Mar 2026 is 20.93% vs 12.80% in Mar 2025
Interest
YoY Growth in year ended Mar 2026 is 81.34% vs 12.61% in Mar 2025
Operating Profit Margin (Excl OI)
YoY Growth in year ended Mar 2026 has fallen from Mar 2025
Compare Annual Results Of Shriram Pistons With
Figures in Cr
Consolidate Annual Results
Change(INR)
Change(%)
Net Sales
4,458.70
12,846.32
-8,387.62
-65.29%
Other Operating Income
0.00
0.00
0.00
Total Operating income
4,458.70
12,846.32
-8,387.62
-65.29%
Raw Material Cost
1,991.90
7,287.37
-5,295.47
-72.67%
Purchase of Finished goods
86.30
1,556.10
-1,469.80
-94.45%
(Increase) / Decrease In Stocks
-20.60
-163.93
143.33
87.43%
Employee Cost
575.90
823.04
-247.14
-30.03%
Power Cost
0.00
0.00
0.00
Manufacturing Expenses
0.00
0.00
0.00
Selling and Distribution Expenses
0.00
0.00
0.00
Other Expenses
949.40
1,727.27
-777.87
-45.03%
Total Expenditure (Excl Depreciation)
3,582.90
11,229.85
-7,646.95
-68.09%
Operating Profit (PBDIT) excl Other Income
875.80
1,616.47
-740.67
-45.82%
Other Income
112.60
115.59
-2.99
-2.59%
Operating Profit (PBDIT)
988.40
1,732.06
-743.66
-42.94%
Interest
62.20
44.30
17.90
40.41%
Exceptional Items
-27.10
111.07
-138.17
-124.40%
Gross Profit (PBDT)
899.10
1,798.83
-899.73
-50.02%
Depreciation
148.60
525.66
-377.06
-71.73%
Profit Before Tax
750.50
1,273.17
-522.67
-41.05%
Tax
189.10
328.50
-139.40
-42.44%
Provisions and contingencies
0.00
0.00
0.00
Profit After Tax
561.40
944.67
-383.27
-40.57%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
Net Profit
561.40
944.67
-383.27
-40.57%
Share in Profit of Associates
0.00
0.00
0.00
Minority Interest
-8.90
0.00
-8.90
Other related items
0.00
0.00
0.00
Consolidated Net Profit
552.50
944.67
-392.17
-41.51%
Equity Capital
44.00
18.30
25.70
140.44%
Face Value
10.00
1.00
0.00
Reserves
2,847.30
7,370.83
-4,523.53
-61.37%
Earnings per share (EPS)
125.57
51.62
73.95
143.26%
Diluted Earnings per share
125.43
51.62
73.81
142.99%
Operating Profit Margin (Excl OI)
19.64%
12.58%
0.00
7.06%
Gross Profit Margin
20.17%
14.00%
0.00
6.17%
PAT Margin
12.59%
7.35%
0.00
5.24%
Public Share Holdings (%)
0.00%
0.00%
0.00
0.00%
Pledged Promotor Holding (%)
0.00%
0.00%
0.00
0.00%
Annual - Net Sales
Net Sales 4,458.70 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 25.60% vs 14.91% in Mar 2025
Annual - Consolidate Net Profit
Consolidate Net Profit 552.50 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 9.06% vs 14.47% in Mar 2025
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 875.80 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 20.93% vs 12.80% in Mar 2025
Annual - Interest
Interest 62.20 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 81.34% vs 12.61% in Mar 2025
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 19.64%
in Mar 2026Figures in %
YoY Growth in year ended Mar 2026 has fallen from Mar 2025






