| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 1,474 | 963 | +53.1% |
| EBITDA | 258 | 195 | +32.2% |
| EBITDA margin | 17.5% | 20.3% | −2.7 pts |
| Profit before tax | 195 | 183 | +6.7% |
| Net profit | 148 | 135 | +9.5% |
| EPS | ₹32.78 | ₹30.35 | +8.0% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 19,790 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 229 | 229 | 68.4 | 163 | 98.0 | ||
| 117 | 117 | 104 | 94.9 | 14.1 | ||
| 1,867 | 1,867 | 478 | 455 | 299 | ||
| 21,545 | — | — | — | — | ||
| 4,970 | 4,459 | 3,550 | 3,089 | 2,609 | ||
| — | +25.6% | +14.9% | +18.4% | — | ||
| 939 | 876 | 724 | 642 | 460 | ||
| 18.9% | 19.6% | 20.4% | 20.8% | 17.6% | ||
| 769 | 727 | 605 | 534 | 366 | ||
| 575 | 561 | 516 | 439 | 294 | ||
| 11.6% | 12.6% | 14.5% | 14.2% | 11.3% | ||
| ₹128.09 | ₹125.57 | ₹115.15 | ₹99.70 | ₹66.70 | ||
| — | +9.0% | +15.5% | +49.5% | — | ||
| — | 625 | 434 | 487 | 395 | ||
| — | −191 | −174 | −146 | −127 | ||
| 434 | 434 | 260 | 341 | 268 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 19,790.3 | |
| - Cash, Equiv & ST Investments | 98.0 | 163.2 | 68.4 | 228.8 | 228.8 | |
| + Minority Interest | 14.1 | 94.9 | 103.7 | 117.2 | 117.2 | |
| + Total Debt | 298.9 | 454.9 | 478.2 | 1,866.7 | 1,866.7 | |
| Enterprise Value | — | — | — | — | 21,545.4 | |
| Revenue | 2,609.3 | 3,089.3 | 3,549.8 | 4,458.7 | 4,969.9 | |
| Growth %, YoY | — | +18.4 | +14.9 | +25.6 | — | |
| EBITDA | 460.4 | 642.0 | 724.3 | 875.8 | 939.0 | |
| Margin % | 17.64 | 20.78 | 20.40 | 19.64 | 18.89 | |
| EBIT | 365.7 | 534.3 | 604.6 | 727.2 | 768.5 | |
| Net Income | 293.9 | 438.7 | 515.6 | 561.4 | 574.6 | |
| Margin % | 11.26 | 14.20 | 14.52 | 12.59 | 11.56 | |
| EPS, Adj (current shares) | 66.70 | 99.70 | 115.15 | 125.57 | 128.09 | |
| Growth %, YoY | — | +49.5 | +15.5 | +9.0 | — | |
| Cash from Operations | 395.2 | 486.7 | 434.4 | 625.0 | — | |
| Capital Expenditures | -127.4 | -146.1 | -174.2 | -191.3 | — | |
| Free Cash Flow | 267.8 | 340.6 | 260.1 | 433.7 | 433.7 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Shriram Pistons & Rings (NSE: SHRIPISTON) had a market capitalisation of ₹19,713 crore at the 29 October 2026 close (₹4,480.20 a share), a PE ratio of 35.0 on the last four quarters' profit and a price-to-book ratio of 6.80. In FY26 its consolidated net profit attributable to shareholders was ₹553 crore on revenue of ₹4,459 crore; in Q1 FY27 (April–June 2026) it was ₹144 crore, up 8.0% year on year. Its debt-to-equity ratio was 0.62 on 31 March 2026. Promoters held 41.55% of the shares on 30 September 2026.
Shriram Pistons & Rings' PE ratio is 35.0 at the 29 October 2026 close (₹4,480.20 a share): a market capitalisation of ₹19,713 crore divided by consolidated net profit attributable to shareholders of ₹564 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit attributable to shareholders (₹553 crore) it is 35.7.
Shriram Pistons & Rings' price-to-book (PB) ratio is 6.80 at the 29 October 2026 close: a market capitalisation of ₹19,713 crore divided by shareholders' equity (book value) of ₹2,901 crore on 31 March 2026. That is a book value of ₹659.32 per share against a share price of ₹4,480.20.
In FY26, Shriram Pistons & Rings' return on equity (ROE) was 20.9% and its return on capital employed (ROCE) was 19.9%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 23.5% and ROCE 23.5%.
Shriram Pistons & Rings' market capitalisation was ₹19,713 crore at the 29 October 2026 close: 4.4 crore shares at ₹4,480.20 each.
No. Shriram Pistons & Rings had borrowings of ₹1,867 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.62. Its cash and current investments were ₹1,160 crore, so its net debt was ₹707 crore.
Shriram Pistons & Rings' basic earnings per share (EPS) were ₹125.43 in FY26, against ₹115.02 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹127.94.
Shriram Pistons & Rings' debt-to-equity ratio was 0.62 on 31 March 2026: borrowings of ₹1,867 crore against total equity of ₹3,018 crore. A year earlier, on 31 March 2025, it was 0.19.
Shriram Pistons & Rings' net worth — shareholders' equity in its consolidated balance sheet — was ₹2,901 crore on 31 March 2026, up 21.2% from ₹2,394 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹19,713 crore at the 29 October 2026 close.
In 2026, Shriram Pistons & Rings has declared two dividends totalling ₹10 a share: ₹5 (interim) with record date 6 February 2026 and ₹5 with record date 20 July 2026.
Shriram Pistons & Rings' book value per share was ₹659.32 on 31 March 2026: shareholders' equity of ₹2,901 crore divided by the 4.4 crore shares in issue, up 21.3% from ₹543.40 a year earlier. The share price at the 29 October 2026 close was ₹4,480.20.
Shriram Pistons & Rings' dividend yield is 0.22% at the 29 October 2026 close: dividends of ₹10 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹4,480.20. They were ₹5 on 20 July 2026 and ₹5 on 6 February 2026 (interim).
Promoters held 41.55% of Shriram Pistons & Rings on 30 September 2026, down 2.20 percentage points from 43.75% the previous quarter and down 2.20 percentage points from 43.75% a year earlier, according to the shareholding pattern filed with NSE.
On 30 September 2026, Shriram Pistons & Rings' shares were held by promoters 41.55%, foreign portfolio investors (FII/FPI) 7.41%, domestic institutions (DII) 16.53% (including mutual funds at 9.57%) and retail and other non-institutional investors 34.51%. Over the year, FII holding was up 1.41 percentage points from 6.00% and DII holding was up 3.29 percentage points from 13.24%.
In FY26, Shriram Pistons & Rings generated ₹625 crore of cash from operations and spent ₹191 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹434 crore. In FY25 it was ₹260 crore.
At the 29 October 2026 closing prices, on FY26 net profit attributable to shareholders, Shriram Pistons & Rings' PE ratio is 35.7, the second highest of the four: SKF India 26.5, Sansera Engineering 82.2 and Pricol 31.2, a peer average of 46.7. Each is the company's market capitalisation at that price divided by its FY26 net profit.
Shriram Pistons & Rings' latest results are for Q1 FY27 (April–June 2026), filed on 4 August 2026: consolidated net profit attributable to shareholders ₹144 crore, up 8.0% from ₹134 crore in Q1 FY26; revenue from operations ₹1,474 crore, up 53.1% year on year.
In FY26 (April 2025–March 2026), Shriram Pistons & Rings' consolidated net profit attributable to shareholders was ₹553 crore, up 9.0% from ₹507 crore in FY25, on revenue from operations of ₹4,459 crore (up 25.6%). Over three years, from FY23, net profit was up 88.3%.
Shriram Pistons & Rings will announce its Q2 FY27 results (July–September 2026) on Friday, 30 October 2026, the date of the board meeting it has notified to the exchanges.
On FY26 consolidated figures, against SKF India, Sansera Engineering and Pricol: Shriram Pistons & Rings' operating margin of 16.3% is the highest of the four (SKF India 9.9%, Sansera Engineering 12.2%, Pricol 8.7%; peer average 10.2%); its return on equity of 20.9% is the second highest of the four (SKF India 13.5%, Sansera Engineering 11.1%, Pricol 22.1%; peer average 15.6%); its revenue growth over three years of 19.6% a year is the second highest of the four (SKF India −4.4% a year, Sansera Engineering 14.4% a year, Pricol 27.3% a year; peer average 12.4% a year).
In FY26, Shriram Pistons & Rings earned net profit attributable to shareholders of ₹553 crore on revenue of ₹4,459 crore, against ₹266 crore on ₹3,763 crore for SKF India. Shriram Pistons & Rings' operating margin was 16.3% (SKF India 9.9%) and its return on equity 20.9% (SKF India 13.5%). At the 29 October 2026 close, Shriram Pistons & Rings' market capitalisation was ₹19,713 crore against ₹7,055 crore for SKF India, and its PE ratio on FY26 profit 35.7 against 26.5.
From Shriram Pistons & Rings' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.