NSEPress Release31 Oct 2026 · 31 Oct 2026, 10:25 pm
Press Release
SPR Auto Technologies Limited · SHRIPISTON
✦ AI Summary▲ PositiveResults
SPR Auto Technologies Limited has announced unaudited financial results for the quarter and half year ended September 30, 2026, with consolidated total income growing 61% YoY in Q2FY27 and 56% YoY in H1FY27, and consolidated EBITDA increasing 29% YoY in Q2FY27 and 28% YoY in H1FY27.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
SPR Auto Technologies Limited has informed the Exchange regarding a press release dated October 30, 2026, titled "Press Release on Unaudited Financial Results for the quarter and half year ended on September 30, 2026".
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October 31, 2026
National Stock Exchange of India Limited (NSE) BSE Limited (BSE)
Exchange Plaza, Plot No. C/1, G Block Phiroze Jeejeebhoy Towers,
Bandra-Kurla Complex Dalal Street, Fort,
Bandra (East), Mumbai 400051 Mumbai 400001
NSE Symbol: SHRIPISTON BSE Scrip code: 544344
Subject: Press Release on Unaudited Financial Results for the quarter and half year ended on
September 30, 2026
Dear Madam/Sir,
With reference to the captioned matter and in compliance with Regulation 30 of SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), please
find enclosed herewith the Press Release on Unaudited Financial Results (Standalone &
Consolidated) of the Company for the quarter and half year ended on September 30, 2026.
The Press Release shall also be made available on the Company’s website at
https://shrirampistons.com/financial-information/press-release/
Kindly take the above information on record and treat this as compliance with SEBI Listing
Regulations.
Thanking you.
Yours faithfully,
For SPR Auto Technologies Limited
(formerly Shriram Pistons & Rings Limited)
(Nilesh Jain)
Company Secretary & Compliance officer
Membership No.: F5113
Encl.: As above
PRESS RELEASE
SPR Auto Technologies Sustains Growth Momentum with
Strong Q2 & H1 FY27 Performance
Consolidated Total Income grew by 61% YoY in Q2FY27 and 56% YoY in H1FY27
Consolidated EBITDA increased by 29% YoY in Q2FY27 and 28% YoY in H1FY27
New Delhi, 30th October 2026 : SPR Auto Technologies Limited (Formerly Shriram Pistons &
Rings Limited) (herein referred to as “SPR”), India’s leading automotive component
manufacturer of pistons, piston pins, piston rings, engine valves, high-precision injection
moulded components, EV motors & controllers, and automotive interior solutions, announced
the unaudited financial results for the quarter and half year ended 30th September 2026.
Speaking about the performance and recent updates, Mr. Krishnakumar Srinivasan, Managing
Director & CEO, said :
“I am pleased to share that SPR Auto Technologies has delivered yet another quarter of strong
topline growth, despite a macro environment that continues to be challenging. Through the
quarter, the global economy continued to face persistent geopolitical tensions, volatile
commodity prices, elevated input costs, supply-chain disruptions and broader macroeconomic
uncertainties. Our ability to grow consistently through these headwinds reflects the inherent
strength of our diversified business model, our deep customer relationships and the dedication
of our teams.
Encouragingly, the domestic automotive industry remained on a strong growth trajectory
during the quarter, with demand strengthening across key vehicle categories. Passenger
vehicles, commercial vehicles, two-wheelers and three-wheelers all recorded their highest-ever
Q2 sales, supported by resilient rural and urban demand, improved financing, infrastructure-led
activity and healthy freight movement. The broad-based strength in domestic automotive
demand provides a favourable operating backdrop as we continue to deepen our presence
across customers and product categories.
Against this supportive domestic backdrop, the Company delivered a strong performance in this
quarter. Consolidated Total Income grew by 61% YoY to Rs. 16,746 Million, while consolidated
EBITDA increased by 29% YoY to Rs. 3,004 Million. For H1FY27, consolidated Total Income stood
at Rs. 31,738 Million, representing a growth of 56% YoY, while consolidated EBITDA stood at Rs.
5,831 Million, growing by 28% YoY. These results are a clear testament to the resilience of our
business.
Margins were impacted by rising commodity costs, a shift in the sales mix, revision in minimum
wages, and a temporary increase in finance costs associated with the acquisition of three Indian
entities of Antolin. Despite these near-term pressures, the core business remained steady, with
standalone Total Income growing 17% YoY. We continue to reinforce our leadership in legacy
products, while our powertrain-agnostic businesses are gaining steady traction. The recently
PRESS RELEASE
acquired Auto Interiors and Lighting business has also performed exceedingly well, both in the
topline and bottom-line.
At the same time, we have stayed focused on executing our long-term priorities. During the
quarter, we successfully concluded a Qualified Institutional Placement (QIP), raising Rs. 10,000
Million. The strong participation from marquee domestic and global institutional investors
reflects their confidence in SPR’s strategy and growth prospects. The proceeds will further
strengthen our balance sheet and support our future growth initiatives.
Alongside our growth initiatives, we continue to take measured steps towards improving the
sustainability and efficiency of our manufacturing operations. During the quarter, the company
entered into Power Purchase Agreement with Sunsure Solarpark Forty Private Limited for
renewable power for our Pathredi and Neemrana manufacturing facilities in Rajasthan. The
initiative is aimed at supporting our renewable-energy objectives while optimising energy costs
across our operations.
Our focus remains on deepening engagement with existing customers, increasing penetration
across products and geographies, and leveraging our engineering and manufacturing
capabilities to capture new growth opportunities. The healthy momentum in the domestic
automotive industry, supported by broad-based demand across key vehicle segments, provides
an encouraging backdrop for our growth aspirations. While the global environment may remain
dynamic in the near term, we are confident in our ability to navigate it. Our resilient core
business, expanding powertrain-agnostic portfolio and sharp focus on operational excellence
and cost discipline position us well to capitalise on emerging opportunities, sustain our growth
momentum and create long-term value for all our stakeholders.”
Consolidated Financial Highlights:
Particulars (Rs. Million) Q2FY27 Q2FY26 YoY H1FY27 H1FY26 YoY
Total Income 16,746 10,427 60.6% 31,738 20,344 56.0%
EBITDA* 3,004 2,335 28.6% 5,831 4,570 27.6%
EBITDA* Margin (%) 17.9% 22.4% 18.4% 22.5%
PBT 2,129 1,924 10.7% 4,081 3,754 8.7%
PBT Margin (%) 12.7% 18.5% 12.9% 18.5%
PAT 1,623 1,421 14.2% 3,100 2,770 11.9%
PAT Margin (%) 9.7% 13.6% 9.8% 13.6%
*Including Other Income
Q2FY27
• Total Income of Rs. 16,746 Million in Q2FY27, grew by 60.6% YoY, as compared to Rs. 10,427 Million
in the corresponding quarter. The growth was on account of a strong performance across
businesses
PRESS RELEASE
• EBITDA of Rs. 3,004 Million in Q2FY27, grew by 28.6% from Rs. 2,335 Million in Q2FY26. In Q2FY27,
geopolitical tensions created an adverse operating environment for the industry; the resulting
supply chain disruption, strain on commodity prices, revision in minimum wages, and a change in
sales mix impacted EBITDA growth. Despite these headwinds, the Group performed strongly by
delivering a Consolidated EBITDA Margin of 17.9% in Q2FY27
• PBT grew by 10.7% YoY to Rs. 2,129 Million in Q2FY27, from Rs. 1,924 Million in Q2FY26. PBT Margin
stood at 12.7% in Q2FY27. PBT Margin moderated on account of elevated finance costs by Rs. 234
Million to fund the acquisition of three Indian entities of Antolin – a temporary effect which shall
be normalised once the debt is repaid. Excluding this impact, PBT grew by 23% YoY in Q2FY27.
• PAT of Rs. 1,623 Million in Q2FY27 as compared to Rs. 1,421 Million, up by 14.2% YoY. PAT Margin
stood at 9.7% in Q2FY27
H1 FY27
• Total Income of Rs. 31,738 Million in H1 FY27, grew by 56.0% YoY, as compared to Rs. 20,344 Million
in the corresponding period. The growth was on account of a strong performance across businesses
• EBITDA of Rs. 5,831 Million in H1 FY27, grew by 27.6% from Rs. 4,570 Million in H1 FY26. The EBITDA
Margin stood at 18.4%.
• PBT grew by 8.7% YoY to Rs. 4,081 Million in H1 FY27, from Rs. 3,754 Million in H1 FY26. PBT Margin
stood at 12.9% i
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