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

• Market Cap: ₹114.35B
• Dividend Yield: 0.39%
• Average Volume (3M): 58.68K
• Price to Earnings (P/E): 21.2
• Beta (1Y): 0.69
• Revenue Growth: 14.43%
• EPS Growth: 15.60%
• Country: IN
• Employees: 3,887
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Parts
• EPS (TTM): 31.76
• Shares Outstanding: 44,049,824
• 10 Day Avg. Volume: 46,207
• 30 Day Avg. Volume: 58,678
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 76 Outperform
• Price Target: ₹3,042.00 ▲(17.18% Upside)

Shriram Pistons & Rings Ltd. scores well due to its strong financial performance, characterized by robust revenue growth and stable balance sheet. The technical analysis supports a moderately bullish outlook, while the valuation indicates fair pricing. The absence of earnings call data and corporate events does not impact the score.

Shriram Pistons & Rings Ltd. Business Overview & Revenue Model

Company Description

Shriram Pistons & Rings Ltd. (SHRIPISTON) is a leading manufacturer in the automotive components sector, specializing in the production of pistons, piston rings, and engine components. Established in India, the company serves various markets, including automotive and industrial sectors, providing high-quality products that cater to both domestic and international clients. With a focus on innovation and technological advancement, SHRIPISTON aims to enhance engine performance and efficiency through its core offerings.

How the Company Makes Money

Shriram Pistons & Rings Ltd. generates revenue primarily through the sale of its core products, including pistons and piston rings, which are essential components in internal combustion engines. The company has established strong relationships with major automobile manufacturers and aftermarket suppliers, creating a steady demand for its products. Revenue is further augmented through strategic partnerships with other industry players and collaborations for research and development, which allow the company to innovate and expand its product line. Additionally, SHRIPISTON may benefit from economies of scale as it increases production, leading to lower per-unit costs and enhanced profitability.

Shriram Pistons & Rings Ltd. Financial Statement Overview

Summary

Shriram Pistons & Rings Ltd. exhibits strong financial health with robust revenue growth, impressive profit margins, and a stable balance sheet with low leverage. However, there is room for improvement in cash conversion efficiency and asset utilization.

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 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	36.76B	35.50B	30.89B	26.09B	20.23B	15.72B
Gross Profit	16.16B	20.62B	12.74B	15.11B	10.25B	8.30B
EBITDA	8.42B	7.24B	7.27B	5.07B	3.34B	2.35B
Net Income	5.25B	5.07B	4.43B	2.93B	1.64B	887.51M
Balance Sheet
Total Assets	0.00	37.29B	31.38B	23.75B	18.50B	17.04B
Cash, Cash Equivalents and Short-Term Investments	9.70B	9.70B	8.75B	6.82B	3.66B	2.77B
Total Debt	0.00	5.08B	4.87B	3.33B	1.57B	1.46B
Total Liabilities	-24.97B	12.32B	11.18B	8.34B	5.95B	5.56B
Stockholders Equity	24.97B	23.94B	19.26B	15.27B	12.55B	11.48B
Cash Flow
Free Cash Flow	0.00	2.69B	3.40B	2.68B	1.56B	1.44B
Operating Cash Flow	0.00	4.34B	4.87B	3.95B	2.19B	1.90B
Investing Cash Flow	0.00	-3.85B	-4.22B	-2.09B	-562.95M	-101.19M
Financing Cash Flow	0.00	-610.40M	-421.59M	929.67M	-907.22M	-279.49M

Shriram Pistons & Rings Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 2595.90
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• 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 Neutral. The current price of 2595.9 is below the 20-day moving average (MA) of 2676.06, below the 50-day MA of 2651.05, and above the 200-day MA of 2285.36, indicating a neutral trend. The MACD of -0.98 indicates Positive momentum. The RSI at 40.98 is Neutral, neither overbought nor oversold. The STOCH value of 52.32 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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
LGBBROSLTD	76 Outperform	₹57.93B	17.95	―	1.09%	14.37%	12.68%
SHRIPISTON	76 Outperform	₹114.35B	21.17	―	0.39%	14.43%	15.60%
SHARDAMOTR	75 Outperform	₹62.16B	18.39	―	2.35%	2.35%	8.08%
GABRIEL	70 Outperform	₹181.57B	72.81	―	0.38%	18.96%	28.40%
MINDACORP	69 Neutral	₹141.50B	54.72	―	0.24%	12.99%	2.43%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
KITEX	61 Neutral	₹40.95B	30.96	―	0.25%	49.50%	74.50%