BSECompany Update3d ago · 6 Nov 2026, 01:41 pm

Transcripts enclosed.

SPR Auto Technologies Ltd · 544344

✦ AI Summary▲ PositiveResults

SPR Auto Technologies Ltd announced its Q2 and H1 FY27 earnings, with consolidated total income growing 61% YoY to INR 16,746 million and EBITDA growing 29% to INR 3,004 million. The company's diversified business model, customer relationships, and team commitment enabled it to grow despite global headwinds. The domestic automotive industry remained on a strong growth trajectory, with passenger vehicles, commercial vehicles, 2-wheelers, and 3-wheelers recording their highest ever Q2 sales.

Analysis Scores

Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk4/10
Liquidity Impact9/10
Market Sentiment8/10

✦ Ask a Question

Ask anything about this announcement — AI will answer based on the filing content.

0/500

Full Announcement

SPR Auto Technologies Ltd - 544344 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Attachments (1)

📄

296624a6-95de-42a1-bd6b-d9dd30b08864.pdf

pdf

Download →
View document text
November 6, 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: Transcripts of the “Q2 & H1 FY27 Earnings Call” - Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations") Dear Madam/Sir, With reference to the captioned matter and in furtherance to our earlier intimation letters submitted on October 16, 2026, October 31, 2026 and November 2, 2026 regarding the schedule, investor presentation and audio recording of the “Q2 & H1 FY27 Earnings Call” of SPR Auto Technologies Limited (formerly Shriram Pistons & Rings Limited) (‘Company’) and in compliance with Regulation 30(6) read with Schedule III and other applicable provisions of the SEBI Listing Regulations, please find enclosed the transcript of the “Q2 & H1 FY27 Earnings Call” on the Unaudited Financial Results (Standalone & Consolidated) of the Company for the quarter and half year ended September 30, 2026, held on Monday, November 2, 2026 at 4:00 p.m. (IST). The aforesaid transcript is also available on the Company’s website and can be accessed at https://shrirampistons.com/investor-information/investors-call-transcripts-audio- recordings/transcripts/. 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 “SPR Auto Technologies Limited Q2 and H1 FY27 Earnings Conference Call” November 02, 2026 MANAGEMENT: MR. KRISHNAKUMAR SRINIVASAN – MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER MR. PREM RATHI – EXECUTIVE DIRECTOR AND CHIEF FINANCIAL OFFICER MR. NILESH JAIN – HEAD LEGAL, COMPANY SECRETARY AND COMPLIANCE OFFICER Page 1 of 23 SPR Auto Technologies Limited November 02, 2026 Moderator: Ladies and gentlemen, good day, and welcome to SPR Auto Technologies Limited Q2 and H1 FY27 Earnings Conference Call. As a reminder, all participant lines will be in the listen-only mode. And there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing star, then zero on a touch-tone phone. Please note that this conference is being recorded. Today from the management, we have with us Mr. Krishnakumar Srinivasan, Managing Director and Chief Executive Officer; Mr. Prem Rathi, Executive Director and Chief Financial Officer and Mr. Nilesh Jain, Head Legal ,Company Secretary and Compliance Officer. Before we begin, let me remind you that this discussion may contain forward-looking statements that may involve known or unknown risks, uncertainties and other factors. It may be viewed in conjunction with the business risks that could cause future results, performance or achievements to differ significantly from what is expressed or implied by such forward-looking statements. I now hand the conference over to Mr. Krishnakumar for his opening remarks, post which we will open the floor for an interactive Q&A session. Thank you, and over to you, sir. Krishnakumar Srinivasan: Yes. Thank you, Anam. Good evening, everyone. Thank you for joining us for the Q2 and H1 FY27 Earnings call. We hope you have had the opportunity to go through the financial results, the investor presentation and press release published on the stock exchanges and the company website. I'm really pleased to share that SPR Auto Technologies has delivered yet another quarter of strong growth. In Q2 FY27, our consolidated total income grew by 61% year-on-year to INR 16,746 million and consolidated EBITDA grew by 29% to INR 3,004 Page 2 of 23 SPR Auto Technologies Limited November 02, 2026 million. For the first half, consolidated total income stood at INR 31,738 million, up 56% with EBITDA of INR 5,831 million, up 28%. What makes this performance really noteworthy is the environment in which it was delivered. Through the quarter, the global economy continued to face tremendous geopolitical tensions, volatile commodity prices, supply chain disruptions and elevated input costs. Our ability to keep growing through these headwinds reflects the strength of our diversified business model, the depth of our customer relationships and the commitment of our team. I also want to underline that this growth has come from all our businesses, including the recent acquisitions of the 3 entities of Antolin India. Our standalone business grew its total income by 17% year-on-year in Q2 to INR 10,500 million. Our core franchise continues to grow on its own strength and the businesses we have added are building on top of it. The domestic automotive industry remained on a strong growth trajectory and was an important support to our performance. Passenger vehicles, commercial vehicles, 2-wheelers and 3- wheelers all recorded their highest ever Q2 sales. The weighted average industry production grew by almost 17%. When we take the 2-wheelers with single cylinder, the passenger cars with 3 cylinders, the big multi-commercial vehicles with 6 cylinders, etcetera. When we do the weighted average, the industry production has grown by over 17%. This demand has been broad-based, supported by the GST 2.0 reforms, resilient rural and urban consumption, improved financing, infrastructure- led activities and healthy freight movement. Our strategy of investing in technology and capacity ahead of demand has allowed us to serve this increase seamlessly across all our customers and segments. This quarter is also a good Page 3 of 23 SPR Auto Technologies Limited November 02, 2026 moment to reflect on how far SPR has travelled from a pistons company to a multiproduct franchise. Until about 5 years ago, we were a company of 4 legacy products- pistons, piston pins, piston rings, and engine valves. Today, SPR Group is a multiproduct franchise spanning core engine components, high-precision injection molded components, EV motors and controllers and automotive interior and lighting solutions. The powertrain agnostic products now contribute more than 35% of our consolidated revenue and nearly 60% of our business is relatively insulated from shifts in powertrain technology. Our new name reflects the broader transformation of the group into a more diversified mobility and advanced automotive solutions platform with each business contributing to its future growth. The legacy powertrain components business continues to outperform its end markets, supported by new program wins across alternative applications and additional piston capacity from the Sunbeam assets. High-precision injection molded components are gaining momentum from emerging applications such as ABS systems for 2-wheelers, supported by capacity expansion in Neemrana and Noida. The EV motors and controllers business continues to scale through our new Coimbatore facility and a growing customer base, while the automotive interiors and lighting businesses acquired from Antolin are delivering strong operational and financial performance alongside successful integration and new customer wins. Importantly, new programs and customers across the group provide good visibility on future growth, while our continued focus on synergies, operating efficiencies and integration is expected Page 4 of 23 SPR Auto Technologies Limited November 02, 2026 to support sustainable long-term value creation. Now coming to our profitability. Our consolidated EBITDA margin for the quarter was 17.9%, which remains healthy for our industry. Margins were temporarily affected by factors that are largely external, including elevated commodity prices, elevated direct material costs like tools, oils, etcetera, a change in the sales mix [Showing first 8,000 characters — download PDF for full document]