Here are more detailed insights on Shriram Pistons & Rings Ltd (SHRIPISTON):
**Financial Performance:**
- For FY2025, revenue stood at ₹35.5 billion, up 15% year-on-year.
- Net income reached ₹5.07 billion, a growth of 14%, with a stable profit margin of 14%.
- Latest quarterly (Q1 FY26) income was ₹991.7 crore, up 12.8% sequentially and 14.9% year-over-year; profit after tax was ₹134.9 crore, up 15.8% QoQ and 15.1% YoY.
- EPS for Q1 FY26 was ₹30.40, up from ₹27.10 in the previous quarter.
**Growth & Forecasts:**
- The company’s earnings and revenue are expected to grow at roughly 13-14% per annum in the next few years.
- Return on equity is forecast to be about 21% in three years, signalling strong capital efficiency.
- Price target estimates from analysts suggest a potential move toward ₹3,050 in the medium term.
**Business Fundamentals:**
- Shriram Pistons is a leading manufacturer of pistons, piston rings, and engine components for the automotive industry, serving both domestic and export markets.
- Its customer base covers passenger, commercial, and industrial vehicle sectors.
- The company is consistently improving technology and manufacturing processes, supporting quality and competitive positioning.
**Recent Operational Trends:**
- The company reported 21.45% profit growth for the June 2025 quarter, though its debtors turnover ratio has declined, indicating comparatively slower collection of receivables.
- Operational efficiency is strong, but management is actively working on improving the receivables cycle.
- Dividend payout is regular, with a recent interim dividend of ₹5 per share declared.
**Sentiment & Outlook:**
- Investor and analyst sentiment remains positive, with strong fundamental and earnings performance backing the share price.
- Shares are currently trading near all-time highs following quarterly results and forward guidance; some volatility can be expected as profit booking takes place and the company works through receivables issues.
- The company is viewed favorably for its ability to outperform sector average growth rates and maintain robust profit margins.
**Technical Overview:**
- The stock is in a strong uptrend and trading above its major moving averages.
- Key support can be found around ₹2,000; a break above ₹2,600 could target the analyst consensus price of ₹3,050.
Shriram Pistons continues to show solid performance, sector leadership, and growth, though investors may watch for further improvements in cash flow and receivables management for sustained momentum.
**Financial Performance:**
- For FY2025, revenue stood at ₹35.5 billion, up 15% year-on-year.
- Net income reached ₹5.07 billion, a growth of 14%, with a stable profit margin of 14%.
- Latest quarterly (Q1 FY26) income was ₹991.7 crore, up 12.8% sequentially and 14.9% year-over-year; profit after tax was ₹134.9 crore, up 15.8% QoQ and 15.1% YoY.
- EPS for Q1 FY26 was ₹30.40, up from ₹27.10 in the previous quarter.
**Growth & Forecasts:**
- The company’s earnings and revenue are expected to grow at roughly 13-14% per annum in the next few years.
- Return on equity is forecast to be about 21% in three years, signalling strong capital efficiency.
- Price target estimates from analysts suggest a potential move toward ₹3,050 in the medium term.
**Business Fundamentals:**
- Shriram Pistons is a leading manufacturer of pistons, piston rings, and engine components for the automotive industry, serving both domestic and export markets.
- Its customer base covers passenger, commercial, and industrial vehicle sectors.
- The company is consistently improving technology and manufacturing processes, supporting quality and competitive positioning.
**Recent Operational Trends:**
- The company reported 21.45% profit growth for the June 2025 quarter, though its debtors turnover ratio has declined, indicating comparatively slower collection of receivables.
- Operational efficiency is strong, but management is actively working on improving the receivables cycle.
- Dividend payout is regular, with a recent interim dividend of ₹5 per share declared.
**Sentiment & Outlook:**
- Investor and analyst sentiment remains positive, with strong fundamental and earnings performance backing the share price.
- Shares are currently trading near all-time highs following quarterly results and forward guidance; some volatility can be expected as profit booking takes place and the company works through receivables issues.
- The company is viewed favorably for its ability to outperform sector average growth rates and maintain robust profit margins.
**Technical Overview:**
- The stock is in a strong uptrend and trading above its major moving averages.
- Key support can be found around ₹2,000; a break above ₹2,600 could target the analyst consensus price of ₹3,050.
Shriram Pistons continues to show solid performance, sector leadership, and growth, though investors may watch for further improvements in cash flow and receivables management for sustained momentum.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.