Shriram Pistons & Rings Limited (SHRIPISTON) — Announcement(2 announcements)

Shriram Pistons & Rings announced a schedule of investor meetings on June 18, 2026, with Kotak Mutual Fund, Tata Mutual Fund, Edelweiss Mutual Fund, Mirae Mutual Fund, and Theleme, all in Mumbai, offering one-on-one sessions with institutional investors.

Shriram Pistons & Rings Limited, now operating as SPR Auto Technologies, presented its FY26 investor deck highlighting 25% revenue growth to Rs 45,713 Mn, 21.6% EBITDA margin, and 12.3% net profit margin, driven by EV components, high-precision plastics, and auto interior solutions. The presentation underscores its ICE-agnostic business model, 48.4% market share in piston rings, and resilience amid India's 7% two-wheeler and 4.8% passenger vehicle EV adoption. Strategic acquisitions like EMFI Innovations and TGPEL bolstered capabilities, while ESG credentials include ISO certifications and 20,000+ tree plantations. ROCE of 18.6% and ROE of 18.6% reflect capital efficiency, supported by a low 0.28 debt-to-equity ratio and 63-day working capital cycle.