Samkrg Pistons

When is the next results date for Samkrg Pistons?

No Upcoming Board Meetings

What does Samkrg Pistons do?

Samkrg Pistons & Rings Ltd manufactures auto components like pistons and rings and operates in the micro-cap segment of the Auto Components industry. As of March 2025, it reported net sales of 67 Cr and a market cap of Rs 136 Cr.

Overview:<BR>Samkrg Pistons & Rings Ltd is engaged in the manufacturing of auto components, specifically pistons, gudgeon pins, rings, and auto shafts, and operates within the Auto Components & Equipments industry as a micro-cap company.<BR><BR>History:<BR>Incorporated in March 1985, Samkrg Pistons commenced operations in 1988 and has faced significant challenges, including a recession in the auto industry. The latest quarterly results reported net sales and net profit for March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 67 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 0 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: Rs 136 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 17.00<BR>- Industry P/E: 36<BR>- Dividend Yield: 1.44%<BR>- Debt-Equity: 0.15<BR>- Return on Equity: 4.33%<BR>- Price to Book: 0.72<BR><BR>Contact Details:<BR>Address: 1-201 Divyashakti Complex, 7-1-58 Ameerpet Hyderabad Telangana : 500016<BR>Tel: 91-040-23730596<BR>Email: edd@samkrgpistonsandrings.com<BR>Website: http://www.samkrgpistonsandrings.com

Who are in the management team of Samkrg Pistons?

As of March 2022, the management team of Samkrg Pistons includes S D M Rao (Chairman & Managing Director), S Karunakar and S Kishore (Whole-time Directors), N Rishita, Monish Saripalli (Directors), Koppusetti Chaitanya Abhishek and Pininti Raghu Prakash Swamy (Independent Directors), and Surabhi R Jain (Company Secretary & Compliance Officer). These members oversee the company's governance and operations.

As of March 2022, the management team of Samkrg Pistons includes the following members:<BR><BR>1. S D M Rao - Chairman & Managing Director<BR>2. S Karunakar - Whole-time Director<BR>3. S Kishore - Whole Time Director (Operations)<BR>4. N Rishita - Director<BR>5. Koppusetti Chaitanya Abhishek - Independent Director<BR>6. Pininti Raghu Prakash Swamy - Independent Director<BR>7. Surabhi R Jain - Company Secretary & Compliance Officer<BR>8. Monish Saripalli - Director<BR><BR>These individuals play key roles in the governance and operational management of the company.

Has Samkrg Pistons declared dividend?

Yes, Samkrg Pistons & Rings Ltd has declared a 20% dividend, amounting to ₹2 per share, with an ex-date of September 17, 2024. The dividend yield is 1.44%, but total returns have varied significantly, showing negative returns in shorter periods and a positive return over the 5-year period.

Samkrg Pistons & Rings Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 20%<BR>- Amount per share: 2<BR>- Ex-date: 17 Sep 24<BR><BR>Dividend Yield: 1.44%.<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -24.42%, the dividend return was 0%, resulting in a total return of -24.42%.<BR><BR>For the 1-year period, the price return was -17.63%, the dividend return was 1.14%, leading to a total return of -16.49%.<BR><BR>Over the 2-year period, the price return was -0.82%, the dividend return was 3.18%, which resulted in a total return of 2.36%.<BR><BR>In the 3-year period, the price return was -1.14%, the dividend return was 5.54%, culminating in a total return of 4.4%.<BR><BR>For the 4-year period, the price return was -19.21%, the dividend return was 3.31%, resulting in a total return of -15.9%.<BR><BR>In the 5-year period, the price return was 31.5%, the dividend return was 6.81%, leading to a total return of 38.31%.<BR><BR>Overall, while Samkrg Pistons has declared a dividend, the total returns over various periods show significant volatility, with negative returns in shorter periods and a positive return over the longer 5-year period. The dividend yield of 1.44% indicates a modest return from dividends relative to the stock price.

Who are the peers of the Samkrg Pistons?

Samkrg Pistons' peers include Samvardh. Mothe., Bosch, Schaeffler India, and Bharat Forge, among others. In terms of management risk, growth, and capital structure, they vary from excellent to below average, with Samkrg Pistons showing below average growth and a 1-year return of -21.68%.

Peers: The peers of Samkrg Pistons are Samvardh. Mothe., Bosch, Schaeffler India, Bharat Forge, Tube Investments, Hindustan Hardy, Bharat Gears, SAL Automotive, Akar Auto Indust, and New Swan.<BR><BR>Quality Snapshot: Excellent management risk is observed at Schaeffler India, Tube Investments, and Hindustan Hardy, while Good management risk is found at Bosch, Bharat Forge, and the rest. Average management risk is present at Samvardh. Mothe., Samkrg Pistons, SAL Automotive, Akar Auto Indust, and the rest. Below Average management risk is noted at Bharat Gears. In terms of Growth, Excellent growth is seen at Samvardh. Mothe., Schaeffler India, Tube Investments, and SAL Automotive, while Good growth is found at Bharat Forge and Hindustan Hardy. Average growth is present at Akar Auto Indust, and Below Average growth is noted at Samkrg Pistons and Bharat Gears. For Capital Structure, Excellent capital structure is observed at Bosch, Schaeffler India, and Tube Investments, while Good capital structure is found at Samkrg Pistons and Hindustan Hardy. Average capital structure is noted at Bharat Forge, and Below Average capital structure is present at Bharat Gears, SAL Automotive, and Akar Auto Indust.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Hindustan Hardy at 147.44%, while the lowest is Bharat Forge at -20.65%. Samkrg Pistons has a 1-year return of -21.68%, which is lower than both. Additionally, peers with a negative six-month return include Samkrg Pistons, Tube Investments, and Bharat Forge.

Is Samkrg Pistons overvalued or undervalued?

As of November 5, 2024, Samkrg Pistons is considered very attractive and undervalued, with favorable valuation metrics such as a PE ratio of 16.40 and an EV to EBITDA of 5.20, especially when compared to peers like Samvardhana Motherson and Bosch, despite a year-to-date return of -21.24% against the Sensex's 5.63%.

As of 5 November 2024, the valuation grade for Samkrg Pistons has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company is currently assessed as undervalued. Key ratios supporting this assessment include a PE ratio of 16.40, a Price to Book Value of 0.71, and an EV to EBITDA of 5.20, all of which suggest that the stock is trading at a discount compared to its intrinsic value.<BR><BR>In comparison to peers, Samkrg Pistons stands out with its favorable valuation metrics. For instance, Samvardhana Motherson has a PE ratio of 29.14 and an EV to EBITDA of 11.53, while Bosch is significantly more expensive with a PE of 46.21 and an EV to EBITDA of 39.75. Despite recent underperformance against the Sensex, with a year-to-date return of -21.24% compared to the Sensex's 5.63%, the strong valuation metrics and peer comparisons reinforce the conclusion that Samkrg Pistons is undervalued in the current market.

What is the technical trend for Samkrg Pistons?

As of May 9, 2025, Samkrg Pistons shows a mildly bearish trend due to conflicting signals from moving averages and MACD indicators, suggesting a cautious short-term outlook with no strong bullish momentum.

As of 9 May 2025, the technical trend for Samkrg Pistons has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend, while the weekly MACD shows a mildly bullish signal. However, the monthly MACD remains bearish, and both the weekly and monthly Bollinger Bands are bearish. The KST indicates a mildly bullish trend on the weekly but is mildly bearish on the monthly. Overall, the mixed signals suggest a cautious outlook in the short term, with no strong bullish momentum present.

Who are the top shareholders of the Samkrg Pistons?

The top shareholder of Samkrg Pistons is Saripalli Dali Mrutyunjaya Rao, who holds 43.82% of the shares. Promoters own the majority, with individual investors holding 28.74%, and there are no pledged holdings or significant public shareholders.

The top shareholders of Samkrg Pistons are primarily the promoters, with Saripalli Dali Mrutyunjaya Rao holding the largest share at 43.82%. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares. Additionally, individual investors collectively hold 28.74% of the shares. There are no significant public shareholders listed.

How big is Samkrg Pistons?

As of 24th July, Samkrg Pistons & Rings Ltd has a market capitalization of 134.00 Cr, with recent net sales of 246.56 Cr and a net profit of 8.23 Cr. Shareholder's funds are 190.01 Cr, and total assets amount to 261.99 Cr.

As of 24th July, Samkrg Pistons & Rings Ltd has a market capitalization of 134.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 246.56 Cr and a Net Profit of 8.23 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, with Shareholder's Funds amounting to 190.01 Cr and Total Assets of 261.99 Cr.

How has been the historical performance of Samkrg Pistons?

Samkrg Pistons has shown fluctuating financial performance, with a slight decrease in net sales and profit after tax in March 2025 compared to the previous year, alongside increased total assets but declining cash flow. Overall, the company has faced a decline in profitability despite modest asset growth.

Answer:<BR>The historical performance of Samkrg Pistons shows a fluctuating trend in key financial metrics over the years.<BR><BR>Breakdown:<BR>Samkrg Pistons reported net sales of 243.89 Cr in March 2025, a slight decrease from 246.70 Cr in March 2024 and an increase from 236.03 Cr in March 2023. The total operating income followed a similar pattern, with 243.89 Cr in March 2025 compared to 246.70 Cr in the previous year. The company's raw material costs decreased to 111.57 Cr in March 2025 from 113.58 Cr in March 2024, while employee costs rose to 60.36 Cr from 52.87 Cr. Operating profit (PBDIT) was 32.66 Cr in March 2025, down from 32.97 Cr in March 2024, and profit before tax decreased to 12.65 Cr from 16.26 Cr. Consequently, profit after tax also fell to 5.90 Cr in March 2025 from 12.61 Cr in March 2024. The company's total assets increased to 295.36 Cr in March 2025 from 269.28 Cr in March 2024, with total liabilities rising to 295.36 Cr from 269.28 Cr. Cash flow from operating activities was 18.00 Cr in March 2025, down from 20.00 Cr in March 2024, while cash flow from investing activities worsened to -33.00 Cr from -27.00 Cr. Overall, Samkrg Pistons has experienced a decline in profitability and cash flow, despite a modest increase in total assets.

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

Samkrg Pistons & Rings Ltd's latest results show strong revenue growth of 25.78% to ₹83.97 crores, but profitability is a concern with a low net profit of ₹2.45 crores and a high tax rate of 51.48%, indicating mixed performance overall.

The latest results for Samkrg Pistons & Rings Ltd present a mixed picture. On the positive side, the company achieved a significant revenue growth of 25.78% year-on-year, reaching ₹83.97 crores, which is the highest quarterly sales on record. Additionally, the operating margin improved to 14.14%, reflecting better operational efficiency.<BR><BR>However, profitability metrics reveal challenges. The net profit for the quarter was ₹2.45 crores, which, while showing a 59.09% increase quarter-on-quarter, remains low compared to historical averages. A notably high tax rate of 51.48% and increased interest costs of ₹3.37 crores have substantially impacted the bottom line, leading to a profit after tax margin of only 2.92%.<BR><BR>Overall, while the revenue growth is impressive and indicates strong market demand, the elevated costs and tax burdens raise concerns about the company's profitability and capital efficiency. Existing shareholders may find these results to be a mix of encouraging topline growth but worrying bottom-line pressures.

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

Why is Samkrg Pistons & Rings Ltd falling/rising?

As of 02-Jun, the stock price of Samkrg Pistons & Rings Ltd is rising to 120.65, reflecting a 2.55% increase. This rise is driven by strong investor interest, significant trading volume, and outperformance against its sector, despite a brief opening loss.

As of 02-Jun, the stock price of Samkrg Pistons & Rings Ltd is rising, currently at 120.65, which reflects a change of 3.0 or 2.55% increase. This upward movement can be attributed to several factors. Despite opening the day with a loss of 2.51%, the stock managed to reach an intraday high of Rs 125, indicating a recovery during the trading session. Additionally, the stock has outperformed its sector by 5.29%, suggesting that it is gaining traction compared to its peers.<BR><BR>Investor participation has also increased significantly, with a delivery volume of 12.06 k on June 1, which is up by 584.39% compared to the 5-day average. This surge in trading activity indicates growing interest among investors, which can contribute to upward pressure on the stock price. Furthermore, the stock's current price is higher than its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. This positioning relative to moving averages can signal a positive trend in the short term.<BR><BR>Overall, the combination of a strong performance today, increased investor participation, and relative strength against the sector supports the rise in the stock price of Samkrg Pistons & Rings Ltd.

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