Shriram Pistons & Rings' Q2 FY 2025-26 Quarterly Results

Result Summary

• Shriram Pistons & Rings Ltd reported a 5.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 15.0%.
• Its expenses for the quarter were up by 5.1% QoQ and 15.1% YoY.
• The net profit increased 5.3% QoQ and increased 12.9% YoY.
• The earnings per share (EPS) of Shriram Pistons & Rings Ltd stood at 31.76 during Q2 FY 2025-26.

Financial Statments for Q2 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 significant player in the automotive industry, primarily engaged in the manufacturing of pistons, piston rings, and engine components. These products are critical for the functioning of internal combustion engines, serving a wide range of vehicles including cars, trucks, and two-wheelers. The company is headquartered in India and has a reputation for delivering high-quality products that adhere to international standards. As of the latest available data, there are no specific recent major developments noted within the company. If there have been any significant changes or events in the company's operations or strategy, they are not captured in the provided data.

Revenue

In the second quarter of fiscal year 2026, Shriram Pistons & Rings Ltd reported a total income of ₹1042.70 crores. This represents a 5.1% increase from the previous quarter (Q1FY26), where the total income stood at ₹991.70 crores. Compared to the same quarter in the previous fiscal year (Q2FY25), total income has increased by 15.0%, up from ₹906.93 crores. These figures indicate a consistent growth in revenue over both the quarter-on-quarter (QoQ) and year-over-year (YoY) periods. Such growth reflects the company's ability to maintain its market position and potentially expand its customer base over time.

Profitability

The profitability of Shriram Pistons & Rings Ltd in Q2FY26 is underscored by a profit before tax (PBT) of ₹192.40 crores, marking a 5.1% increase from the previous quarter (Q1FY26), where the PBT was ₹183.00 crores. Year-over-year, the PBT has grown by 14.6% from ₹167.90 crores in Q2FY25. After accounting for taxes amounting to ₹50.30 crores in Q2FY26, the profit after tax (PAT) is reported at ₹142.10 crores. This PAT reflects a 5.3% increase from the previous quarter's PAT of ₹134.90 crores, and a 12.9% rise from the ₹125.88 crores recorded in Q2FY25. These metrics highlight the company's effective cost management and robust profit generation capacity in the given period.

Operating Metrics

For the second quarter of fiscal year 2026, Shriram Pistons & Rings Ltd recorded total expenses of ₹850.30 crores. This is a 5.1% increase from the ₹808.70 crores reported in the previous quarter (Q1FY26), and a 15.1% increase from ₹739.03 crores in the same quarter last year (Q2FY25). Earnings per share (EPS) for Q2FY26 is reported at ₹31.76, which is an increase of 4.6% from the previous quarter's EPS of ₹30.35, and a 12.1% increase from the EPS of ₹28.32 in Q2FY25. These operating metrics demonstrate the company's capability to manage expenses while enhancing shareholder value through increased earnings per share.