Shriram Pistons & Rings' Q1 FY 2025-26 Quarterly Results

Result Summary

• Shriram Pistons & Rings Ltd reported a 12.8% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 14.9%.
• Its expenses for the quarter were up by 12.1% QoQ and 13.9% YoY.
• The net profit increased 15.8% QoQ and increased 15.1% YoY.
• The earnings per share (EPS) of Shriram Pistons & Rings Ltd stood at 30.4 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Shriram Pistons & Rings Ltd is a well-established company engaged in the manufacturing of automotive components, particularly pistons, piston rings, and engine components. The company operates within the automobile industry, serving both domestic and international markets. As a significant player in the automotive parts sector, Shriram Pistons & Rings Ltd caters to various segments, including passenger vehicles, commercial vehicles, and industrial engines. The company is known for its focus on quality and technological advancement, which has enabled it to maintain a competitive edge in the industry. Recent developments in the company are not available in this report.

Revenue

In Q1FY26, Shriram Pistons & Rings Ltd reported a total income of ₹991.70 crores, showing significant growth compared to the previous quarter and the same quarter last year. The total income for Q4FY25 was ₹879.49 crores, and for Q1FY25, it was ₹863.38 crores. This reflects a quarter-over-quarter increase of 12.8% and a year-over-year increase of 14.9%. These figures highlight the company's positive revenue trajectory over the analyzed periods.

Profitability

The company's profitability demonstrated robust growth with the Profit Before Tax (PBT) recorded at ₹183.00 crores for Q1FY26. This is an improvement over the PBT of ₹157.91 crores in Q4FY25 and ₹153.60 crores in Q1FY25. The quarter-over-quarter increase in PBT was 15.9%, while the year-over-year increase was 19.1%. The Profit After Tax (PAT) for Q1FY26 stood at ₹134.90 crores, up from ₹116.46 crores in Q4FY25 and ₹117.16 crores in Q1FY25, reflecting a 15.8% QoQ growth and 15.1% YoY growth. The earnings per share (EPS) for Q1FY26 was ₹30.40, indicating a rise from ₹27.10 in Q4FY25 and ₹26.20 in Q1FY25, with QoQ and YoY growth rates of 12.2% and 16.0%, respectively.

Operating Metrics

Total expenses for Shriram Pistons & Rings Ltd in Q1FY26 amounted to ₹808.70 crores, compared to ₹721.58 crores in Q4FY25 and ₹709.78 crores in Q1FY25. This represents a 12.1% increase from the previous quarter and a 13.9% increase from the same quarter last year. The tax expense for Q1FY26 was ₹48.10 crores, which increased by 16.0% from ₹41.45 crores in Q4FY25 and by 32.0% from ₹36.44 crores in Q1FY25. These operating metrics indicate a pattern of increased expenses and tax obligations, aligning with the company's revenue and profit growth.