Shriram Pistons & Rings Ltd. (SHRIPISTON) AI Stock Analysis

• Market Cap: ₹107.12B
• Dividend Yield: 0.41%
• Average Volume (3M): 60.88K
• Price to Earnings (P/E): 20.4
• Beta (1Y): 0.72
• Revenue Growth: 14.52%
• EPS Growth: 15.10%
• Country: IN
• Employees: 3,887
• Sector: Consumer Cyclical
• Sector Strength: 71
• Industry: Auto - Parts
• EPS (TTM): 30.40
• Shares Outstanding: 44,049,824
• 10 Day Avg. Volume: 54,947
• 30 Day Avg. Volume: 60,875
• PEG Ratio: 1.11
• Price to Book (P/B): 3.40
• Price to Sales (P/S): 2.29
• P/FCF Ratio: 30.28
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹2,847.00
• Price Target Upside: 16.41% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 77 Outperform
• Price Target: ₹2,847.00 ▲(16.41% Upside)

Shriram Pistons & Rings Ltd. scores well due to its strong financial performance, characterized by robust revenue growth and effective cost management. The technical analysis supports a positive view, with the stock trading above key moving averages and showing bullish momentum. However, the valuation is moderate, with a relatively low dividend yield, which could deter income-seeking investors. The absence of earnings call and corporate events data limits the analysis but does not significantly impact the positive outlook.

Shriram Pistons & Rings Ltd. Business Overview & Revenue Model

Company Description

Shriram Pistons & Rings Ltd. (SHRIPISTON) is a leading manufacturer in the automotive industry, specializing in the production of pistons, piston rings, and engine components. The company serves a diverse range of sectors including automotive, industrial, and agricultural machinery, providing high-quality components essential for engine performance and efficiency. With a strong emphasis on innovation and technology, Shriram Pistons & Rings Ltd. has established itself as a key player in both domestic and international markets.

How the Company Makes Money

Shriram Pistons & Rings Ltd. generates revenue primarily through the sale of its automotive components such as pistons, piston rings, and engine valves to original equipment manufacturers (OEMs) and the aftermarket segment. The company benefits from long-term contracts and relationships with major automotive manufacturers. Additionally, Shriram Pistons & Rings Ltd. engages in export activities, expanding its market reach globally. The company's earnings are further supported by strategic partnerships and its continuous investment in research and development to enhance product quality and performance, thereby maintaining a competitive edge in the industry.

Shriram Pistons & Rings Ltd. Financial Statement Overview

Summary

Shriram Pistons & Rings Ltd. demonstrates strong financial health with robust revenue growth and profitability. The company has a gross profit margin of 58.1% and a net profit margin of 14.3%, indicating effective cost management. The balance sheet is healthy with a low debt-to-equity ratio of 0.21, and the cash flow position is solid, although cash conversion efficiency can be improved.

Income Statement

Shriram Pistons & Rings Ltd. has demonstrated robust revenue growth and improved profitability over recent years. The gross profit margin for the latest annual period is 58.1%, indicating strong cost management. Net profit margin has improved to 14.3%, showcasing effective control over expenses. The revenue growth rate year-over-year is 14.9%, driven by increasing demand and operational efficiency. The EBIT margin stands at 43.6%, reflecting efficient operations, while the EBITDA margin is at 20.4%, highlighting substantial earnings before interest, taxes, depreciation, and amortization.

Balance Sheet

The company maintains a healthy balance sheet with a debt-to-equity ratio of 0.21, indicating low leverage. Return on equity is 21.2%, showcasing strong returns generated on shareholders' investments. The equity ratio is 64.2%, reflecting a stable capital structure with significant equity financing. However, there is room for improvement in asset utilization and further enhancement of equity returns.

Cash Flow

Shriram Pistons & Rings Ltd. has a solid cash flow position, with a free cash flow growth rate of -21.0% due to capital expenditures aimed at expansion. The operating cash flow to net income ratio is 0.86, indicating a strong alignment between cash generation and earnings. The free cash flow to net income ratio is 0.53, suggesting good cash conversion, although there is potential for improvement in cash flow efficiency.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2022	Dec 2022	Dec 2021
Income Statement
Total Revenue	35.50B	35.50B	30.89B	20.23B	26.09B	15.72B
Gross Profit	17.47B	20.62B	12.74B	10.25B	15.11B	8.30B
EBITDA	8.10B	7.24B	7.27B	3.34B	5.07B	2.35B
Net Income	5.07B	5.07B	4.43B	1.64B	2.93B	887.51M
Balance Sheet
Total Assets	37.29B	37.29B	31.38B	18.50B	23.75B	17.04B
Cash, Cash Equivalents and Short-Term Investments	10.78B	10.78B	9.72B	3.66B	7.35B	2.77B
Total Debt	5.08B	5.08B	4.87B	1.57B	3.33B	1.46B
Total Liabilities	12.32B	12.32B	11.18B	5.95B	8.34B	5.56B
Stockholders Equity	23.94B	23.94B	19.26B	12.55B	15.27B	11.48B
Cash Flow
Free Cash Flow	0.00	2.69B	3.40B	1.56B	2.68B	1.44B
Operating Cash Flow	0.00	4.34B	4.87B	2.19B	3.95B	1.90B
Investing Cash Flow	0.00	-3.85B	-4.22B	-562.95M	-2.09B	-101.19M
Financing Cash Flow	0.00	-610.40M	-421.59M	-907.22M	531.90M	-279.49M

Shriram Pistons & Rings Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2445.60
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SHRIPISTON, the sentiment is Positive. The current price of 2445.6 is above the 20-day moving average (MA) of 2419.97, above the 50-day MA of 2428.06, and above the 200-day MA of 2122.36, indicating a bullish trend. The MACD of 5.06 indicates Negative momentum. The RSI at 53.27 is Neutral, neither overbought nor oversold. The STOCH value of 73.17 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:SHRIPISTON.

Shriram Pistons & Rings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SHRIPISTON	77 Outperform	₹107.12B	20.41		0.41%	14.52%	15.10%
SHARDAMOTR	74 Outperform	₹59.88B	17.71		2.51%	0.97%	8.88%
LGBBROSLTD	71 Outperform	₹40.16B	13.16		1.43%	11.99%	6.85%
GABRIEL	69 Neutral	₹153.12B	61.41		0.40%	18.96%	28.39%
MINDACORP	66 Neutral	₹112.70B	43.59		0.29%	8.71%	11.84%
Sector *	61 Neutral	$17.22B	11.53	-5.99%	3.08%	1.40%	-15.51%
KITEX	53 Neutral	₹33.97B	25.69		0.30%	49.50%	74.50%