tiprankstipranks
Advertisement
Advertisement

SPR Auto Technologies posts record FY26 results on robust auto demand and acquisitions

Story Highlights
  • SPR Auto Technologies delivered record FY26 and Q4 results, with double-digit growth in revenue and EBITDA on the back of strong automotive demand and industry-wide sales expansion.
  • The company strengthened its position by acquiring Indian entities of the Antolin Group and Karna Intertech, expanding into automotive interiors and lighting while targeting further synergies and efficiencies through integration.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SPR Auto Technologies posts record FY26 results on robust auto demand and acquisitions

Meet Samuel – Your Personal Investing Prophet

Shriram Pistons & Rings Ltd. ( (IN:SHRIPISTON) ) has issued an update.

SPR Auto Technologies Limited, formerly known as Shriram Pistons & Rings Limited, reported its highest-ever quarterly and annual results for the year ended March 31, 2026, underscoring strong momentum across its core and newly acquired businesses. The company continues to build on its leadership in pistons and engine components while extending into EV-related products and automotive interiors, broadening its reach across multiple vehicle segments.

For FY26, consolidated total income rose 25% year-on-year to Rs. 45,713 million and consolidated EBITDA increased 18% to Rs. 9,885 million, aided by a robust recovery in automotive demand and record industry sales across passenger vehicles, two-wheelers, three-wheelers and commercial vehicles. In Q4 FY26, total income surged 46% and EBITDA grew 23%, with the recently acquired Indian entities of the Antolin Group and Karna Intertech performing strongly and supporting management’s view that integration synergies and operational efficiencies will further enhance growth and profitability.

More about Shriram Pistons & Rings Ltd.

SPR Auto Technologies Limited, formerly Shriram Pistons & Rings Limited, is a leading Indian manufacturer of pistons, piston pins, piston rings and engine valves, and a prominent producer of high-precision injection-moulded components, EV motors and controllers, and automotive interior solutions. The company has recently expanded into the automotive interior and lighting segment through acquisitions, strengthening its position in the broader automotive components value chain.

Average Trading Volume: 98,425

Technical Sentiment Signal: Buy

Current Market Cap: 158.8B INR

Find detailed analytics on SHRIPISTON stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1