Announced on | Meeting on |
Jul 15, 2024 | Jul 24, 2024 |
Quarterly Results | |
Oct 26, 2023 | Nov 06, 2023 |
Quarterly Results | |
Jul 20, 2023 | Jul 28, 2023 |
Quarterly Results | |
May 02, 2023 | May 08, 2023 |
Audited Results & Dividend | |
Jan 30, 2023 | Feb 08, 2023 |
Quarterly Results & Interim Dividend |
Shriram Pistons & Rings Share Price
- Open2,088.00
- High2,108.00
- Low2,056.85
- Prev Close2,071.10
- Volume40,318
- VWAP(₹)2,079.40
Shriram Pistons share price insights
Building-up Cash Reserves
Company has consistently increased ROE in last 5 years with majority of profits being added to its reserves last year. (Source: Consolidated Financials)Employee & Interest Expense
Company has spent less than 1% of its operating revenues towards interest expenses and 14.87% towards employee cost in the year ending Mar 31, 2024. (Source: Consolidated Financials)Stock Returns vs Nifty Midcap 100
Stock gave a 3 year return of 354.19% as compared to Nifty Midcap 100 which gave a return of 112.53%. (as of last trading session)Stock Returns vs Nifty Auto
Stock generated 354.19% return as compared to Nifty Auto which gave investors 165.68% return over 3 year time period. (as of last trading session)Shriram Pistons Share Price Update
Shriram Pistons & Rings Ltd. share price moved up by 1.18% from its previous close of Rs 2,071.10. Shriram Pistons & Rings Ltd. stock last traded price is 2,095.50
Share Price Value Today/Current/Last 2,095.50 Previous Day 2,071.10
Shriram Pistons Share Price Returns
1 Day | 1.18% |
1 Month | 5.31% |
3 Months | 11.29% |
1 Year | 94.95% |
3 Years | 363.53% |
5 Years | 438.34% |
Key Metrics
PE Ratio(x) | 20.20 |
EPS - TTM(₹) | 103.54 |
MCap(₹ Cr.) | 9,214.78 |
MCap Rank | 20 |
PB Ratio(x) | 4.52 |
Div Yield(%) | 0.48 |
Face Value(₹) | 10.00 |
52W High(₹) | 2,206.00 |
52W Low(₹) | 948.90 |
MCap/Sales | 2.80 |
Beta(1 Month) | 0.11 |
BV/Share(₹) | 458.70 |
Shriram Pistons Share Recommendations
1 Analysts
SellSellHoldBuyStrong
Buy
Ratings | Current | 1W Ago | 1M Ago | 3M Ago |
---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 1 |
Buy | - | - | - | - |
Hold | - | - | - | - |
Sell | - | - | - | - |
Strong Sell | - | - | - | - |
# Analysts | 1 | 1 | 1 | 1 |
Shriram Pistons Financials
Jun 2024 Mar 2024 Dec 2023 Sep 2023 Jun 2023 Total Income 863.38 879.49 784.99 774.63 735.49 Total Income Growth (%) -1.83 12.04 1.34 5.32 2.53 Total Expenses 701.15 712.14 633.41 616.52 592.93 Total Expenses Growth (%) -1.54 12.43 2.74 3.98 0.53 EBIT 162.23 167.35 151.58 158.11 142.56 EBIT Growth (%) -3.06 10.40 -4.13 10.91 11.83 Profit after Tax (PAT) 115.45 119.61 107.36 113.65 101.95 PAT Growth (%) -3.48 11.41 -5.53 11.48 12.08 EBIT Margin (%) 18.79 19.03 19.31 20.41 19.38 Net Profit Margin (%) 13.37 13.60 13.68 14.67 13.86 Basic EPS (₹) 26.21 27.15 24.37 25.80 23.14 All figures in Rs Cr, unless mentioned otherwise
InsightsEmployee & Interest Expense
Company has spent less than 1% of its operating revenues towards interest expenses and 14.87% towards employee cost in the year ending Mar 31, 2024. (Source: Consolidated Financials)
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Total Assets 3,138.29 2,375.11 1,850.12 1,703.98 1,558.26 Total Assets Growth (%) 32.13 28.38 8.58 9.35 -0.65 Total Liabilities 1,117.73 833.58 595.10 555.83 487.76 Total Liabilities Growth (%) 34.09 40.08 7.06 13.96 -4.94 Total Equity 2,017.68 1,541.53 1,255.03 1,148.15 1,070.51 Total Equity Growth (%) 30.89 22.83 9.31 7.25 4.29 Current Ratio (x) 2.43 2.51 2.31 2.10 1.95 Total Debt to Equity (x) 0.24 0.20 0.11 0.09 0.08 Contingent Liabilities 116.33 64.82 332.70 312.51 110.43 All figures in Rs Cr, unless mentioned otherwise
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Net Cash flow from Operating Activities 486.73 395.18 219.32 189.86 296.77 Net Cash used in Investing Activities -421.60 -208.52 -56.30 -10.12 -214.31 Net Cash flow from Financing Activities -42.16 53.19 -90.72 -27.95 -110.73 Net Cash Flow 22.98 239.85 72.30 151.79 -28.27 Closing Cash & Cash Equivalent 53.49 517.18 277.34 205.04 53.25 Closing Cash & Cash Equivalent Growth (%) -89.66 86.48 35.26 285.06 -34.69 Total Debt/ CFO (x) 0.93 0.76 0.60 0.52 0.29 All figures in Rs Cr, unless mentioned otherwise
InsightsIncrease in Cash from Investing
Company has used Rs 421.6 cr for investing activities which is an YoY increase of 102.18%. (Source: Consolidated Financials)
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Return on Equity (%) 23.13 19.33 13.13 7.79 6.88 Return on Capital Employed (%) 26.55 23.21 16.86 10.48 8.31 Return on Assets (%) 14.10 12.35 8.84 5.20 4.68 Interest Coverage Ratio (x) 23.88 26.28 29.21 18.71 16.30 Asset Turnover Ratio (x) 1.12 1.24 1.16 93.69 103.11 Price to Earnings (x) 19.53 7.56 9.50 20.08 12.22 Price to Book (x) 4.51 1.46 1.25 1.56 0.84 EV/EBITDA (x) 11.45 3.72 4.00 6.92 4.38 EBITDA Margin (%) 23.54 19.43 16.16 14.72 12.56 InsightsBuilding-up Cash Reserves
Company has consistently increased ROE in last 5 years with majority of profits being added to its reserves last year. (Source: Consolidated Financials)
Peer Comparison
NAME 1D 1W 1M 3M 1Y 3Y 5Y Shriram Pistons Stock Performance 0.76 0.12 11.63 9.28 92.49 357.61 428.01 Bosch Stock Performance 0.56 -1.83 -8.67 2.51 71.28 133.88 127.92 Banco Products Stock Performance 0.14 0.00 -11.10 9.78 32.71 217.88 588.03 Sundaram-Clayton Stock Performance -0.01 0.10 -9.46 13.32 0.00 0.00 0.00 Federal Mogul Stock Performance -0.61 -7.85 -0.27 16.56 17.37 53.66 -15.22 All values in %
Stock Returns vs Nifty Midcap 100
Stock gave a 3 year return of 354.19% as compared to Nifty Midcap 100 which gave a return of 112.53%. (as of last trading session)Stock Returns vs Nifty Auto
Stock generated 354.19% return as compared to Nifty Auto which gave investors 165.68% return over 3 year time period. (as of last trading session)
Mutual Funds Ownership
No Data Available
Corporate Actions
Board Meeting
Quarterly Results
Jul 15, 2024
Final
50%
May 13, 2024
Interim Dividend
50%
Jan 30, 2024
Announced on Ex-Date Dividend% May 13, 2024 Jul 16, 2024 50% Jan 30, 2024 Feb 09, 2024 50% May 08, 2023 Jun 23, 2023 50% Feb 08, 2023 Feb 20, 2023 100% May 06, 2022 Jun 21, 2022 40% Announced on Ex-Date Jun 13, 2023 Jul 24, 2023 Bonus Ratio: 1 share(s) for every 1 shares held Sep 30, 1991 Jun 24, 1991 Bonus Ratio: 1 share(s) for every 1 shares held Jul 31, 1997 - Bonus Ratio: 1 share(s) for every 1 shares held No Data Available
No Data Available
Announced on Meeting on Jun 13, 2023 Jul 06, 2023 - May 27, 2022 Jun 29, 2022 - Jun 25, 2020 Aug 11, 2020 - May 07, 2016 Jun 25, 2016 - Jun 24, 1997 - -
About
Shriram Pistons & Rings Ltd., incorporated in the year 1963, is a Small Cap company (having a market cap of Rs 9,123.16 Crore) operating in Auto Ancillaries sector.
Shriram Pistons & Rings Ltd. key Products/Revenue Segments include Auto Components, Scrap, Export Incentives and Other Operating Revenue for the year ending 31-Mar-2024.
For the quarter ended 30-06-2024, the company has reported a Consolidated Total Income of Rs 863.38 Crore, down 1.83 % from last quarter Total Income of Rs 879.49 Crore and up 17.39 % from last year same quarter Total Income of Rs 735.49 Crore. Company has reported net profit after tax of Rs 117.16 Crore in latest quarter.
The company’s top management includes Mr.Pradeep Dinodia, Mr.Krishnakumar Srinivasan, Mr.Luv D Shriram, Mrs.Ferida Chopra, Mr.Hari S Bhartia, Mr.Inderdeep Singh, Mr.Shinichi Unno, Mr.Tina Trikha, Mr.Klaus Semke, Mrs.Meenakshi Dass, Mr.Yasunori Maekawa, Mr.Alexandru Vladoi, Mr.Prem Prakash Rathi. Company has Deloitte Haskins & Sells as its auditors. As on 30-06-2024, the company has a total of 4.40 Crore shares outstanding.
About Shriram Pistons
Shriram Pistons & Rings Ltd., incorporated in the year 1963, is a Small Cap company (having a market cap of Rs 9,123.16 Crore) operating in Auto Ancillaries sector. Shriram Pistons & Rings Ltd. key Products/Revenue Segments include Auto Components, Scrap, Export Incentives and Other Operating Revenue for the year ending 31-Mar-2024.For the quarter ended 30-06-2024, the company has reported a Consolidated Total Income of Rs 863.38 Crore, down 1.83 % from last quarter Total Income of Rs 879.49 Crore and up 17.39 % from last year same quarter Total Income of Rs 735.49 Crore. Company has reported net profit after tax of Rs 117.16 Crore in latest quarter.The company’s top management includes Mr.Pradeep Dinodia, Mr.Krishnakumar Srinivasan, Mr.Luv D Shriram, Mrs.Ferida Chopra, Mr.Hari S Bhartia, Mr.Inderdeep Singh, Mr.Shinichi Unno, Mr.Tina Trikha, Mr.Klaus Semke, Mrs.Meenakshi Dass, Mr.Yasunori Maekawa, Mr.Alexandru Vladoi, Mr.Prem Prakash Rathi. Company has Deloitte Haskins & Sells as its auditors. As on 30-06-2024, the company has a total of 4.40 Crore shares outstanding.
Industry
Key Indices Listed On
-
Address
3rd Floor, Himalaya House,23, Kasturba Gandhi Marg,New Delhi, Delhi - 110001
Executive Leadership
Pradeep Dinodia
ChairmanKrishnakumar Srinivasan
Managing Director & CEOLuv D Shriram
Whole Time DirectorFerida Chopra
Independent DirectorAuditors
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