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Shriram Pistons & Rings Ltd

Shriram Pistons & Rings

Mid Cap3,857 EmployeesIPO 2016
Current Price
2856.10
-120.5 (-4.05%)Updated
NSE :SHRIPISTON
BSE :544344
Today's Range
2838.1
2856.10
indicator
2993
52 Week Range
52W Low1662.55
52W High3407.20
2856.10
indicator
Downside71.79%
Upside19.30%

Price Chart

Compare with Peers

Historical Ratios

Track top 12 most important financial ratios

P/E Ratio: Price to Earnings - Most used valuation metric

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Analyzing Investment Quality

Processing 9 key metrics...

Key Metrics

Hover for details

Valuation

Market Cap
13,462.07 Cr
Market Cap
Total market value of company
P/E Ratio
24.79
P/E Ratio
Price to Earnings. Lower is generally better (<25 is good)
P/B Ratio
4.51
P/B Ratio
Price to Book Value. <3 may indicate undervaluation
EPS
123.31
EPS
Earnings Per Share. Higher and growing is positive

Profitability

ROE
11.39%
ROE
Return on Equity. >15% is good, >20% is excellent
ROCE
25.70%
ROCE
Return on Capital Employed. >15% is good
Net Margin
13.52%
Net Margin
Net profit as % of revenue. >10% is good
Operating Margin
-%
Operating Margin
Operating profit margin. >15% is good

Growth

EPS Growth (5Y)
28.23%
EPS Growth (5Y)
5-year EPS growth. >15% is strong
Revenue Growth (5Y)
17.18%
Revenue Growth (5Y)
5-year revenue growth. >10% is good
Qtr Sales Growth
15.10%
Qtr Sales Growth
Quarter-over-quarter sales growth
Qtr Profit Growth
15.80%
Qtr Profit Growth
Quarter-over-quarter profit growth

Financial Health

Debt/Equity
0.21
Debt/Equity
Financial leverage. <1 is good, <0.5 is excellent
Book Value
543.40
Book Value
Net asset value per share
Dividend Yield
0.33%
Dividend Yield
Annual dividend as % of price. >2% is good
Promoter Holding
43.80%
Promoter Holding
Promoter stake. >50% shows confidence
Good
Average
Needs Attention

SWOT Analysis

Strengths

5 points
  • Robust profitability: ROCE 25.70% and ROE 23.20% demonstrate efficient capital utilization.
  • Consistent growth: 5Y EPS CAGR 28.26% and revenue CAGR 17.18% are impressive.

Weaknesses

3 points
  • Declining promoter shareholding from 46.75% to 43.8% signals reduced insider confidence.
  • Modest dividend yield of 0.37% may not attract income-focused investors.

Opportunities

4 points
  • Benefit from projected growth in the broader automotive and auto components sector.
  • Expand market share through strategic initiatives given competitive P/E and strong metrics.

Threats

4 points
  • Intense competition from large players like Bosch and Schaeffler threatens market share.
  • Fluctuations in raw material prices could significantly impact operating margins.

Segment-wise Financial Analysis

Fetching Financials...
Fetching Balance Sheet...
Fetching Cash Flow...

Shareholding Pattern

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Company Insider Trading Activity

No insider trading data available

Corporate Action

Company Announcements

Technical Analysis & Indicators

Standard pivot points - most widely used

Pivot Points (CLASSIC)

LevelPriceDistance% Change
R43263.17+₹407.07+14.25%
R33108.27+₹252.17+8.83%
R23050.63+₹194.53+6.81%
R12953.37+₹97.27+3.41%
PIVOT2895.7339.631.39%
CURRENT2856.10--
S12488.67-₹367.43-12.86%
S22643.57-₹212.53-7.44%
S32740.83-₹115.27-4.04%
S42798.47-₹57.63-2.02%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: N/AP: N/ATC: N/A
R1
R2
R3
R4
indicator
LTP: N/A
PDH: N/A
PDL: N/A
● Market Sentiment

is trading CPR, indicating

● CPR Width

CPR is

● Opening Range

Day's range: ~

● Price Position

Trading Inside opening range

Delivery Volume Analysis & Trading Activity

Latest Volume
0.61L
(13 Mar 2026)
-13.0% vs avg
Delivery %
52.5%
(13 Mar 2026)
+10.5% vs avg
Avg Volume (20D)
0.70L
(13 Feb - 13 Mar)
20-day average
Avg Delivery %
42.0%
(13 Feb - 13 Mar)
Trend ↓
Delivery % indicates the percentage of traded volume that resulted in actual delivery. Higher delivery % (>50%) suggests genuine buying interest and stronger hands.

Peer Comparison & Industry Benchmarking

Quick Compare

Largest by Market Cap
Samvardhana Motherson International Ltd
1.40L ₹ Cr
Best Profit Growth
Varroc Engineering Ltd
86.30 %
Highest Dividend Yield
Banco Products (India) Ltd
1.69 %

Peer Comparison

Company Name
ASKAUTOLTD
ASK Automotive Ltd
BANCOINDIA
Banco Products (India) Ltd
BELRISE
Belrise Industries Ltd
BOSCHLTD
Bosch Ltd
CIEINDIA
CIE Automotive India Ltd
GABRIEL
Gabriel India Ltd
JBMA
JBM Auto Ltd
LUMAXTECH
Lumax Auto Technologies Ltd
MINDACORP
Minda Corporation Ltd
MOTHERSON
Samvardhana Motherson International Ltd
PRICOLLTD
Pricol Ltd
SANSERA
Sansera Engineering Ltd
SKFINDIA
SKF India Ltd
SUBROS
Subros Ltd
VARROC
Varroc Engineering Ltd

About

SHRIPISTON

Shriram Pistons & Rings Ltd

Shriram Pistons & Rings Limited (SPRL) is a prominent Indian manufacturer and supplier of automotive components, catering to a diverse range of original equipment manufacturers (OEMs) both domestically and internationally. Their core business revolves around the production and distribution of a comprehensive array of engine parts, emphasizing high-quality, precision-engineered components crucial for optimal vehicle performance.

The company's product portfolio is extensive and spans numerous critical engine components. This includes pistons, piston pins, and piston rings – fundamental parts of the internal combustion engine. Beyond these core offerings, SPRL also manufactures and supplies engine valves, cylinder liners, crankshafts, connecting rods, and cylinder heads, showcasing a deep understanding of engine mechanics and a commitment to providing complete engine solutions. Their product line also extends to vital ancillary components such as lubricating oils and a variety of filters (fuel, air, cabin, and hydraulic), along with gaskets of various materials (including copper asbestos, aluminum asbestos, multilayer steel, and asbestos steel).

SPRL's customer base is broad and represents a significant cross-section of the automotive industry. They serve OEMs in the passenger and commercial vehicle sectors, encompassing cars, SUVs, two-wheelers, three-wheelers, and tractors. Their reach also extends to the off-highway vehicle market, supplying components for industrial and railway engines, and even contributing to various defense and industrial applications. This diversified client base underscores the adaptability and broad applicability of SPRL's products.

In addition to its primary automotive component manufacturing, SPRL also demonstrates manufacturing expertise beyond the engine sector. They produce electric motors and motor controllers, reflecting an engagement with emerging technologies in the automotive industry. Furthermore, their capabilities encompass the precision injection molding of parts, demonstrating versatility in manufacturing processes and a capacity to cater to diverse manufacturing needs. The company also engages in the manufacturing and supply of gravity die casting moulds, indicating a commitment to supporting other manufacturing processes within the industry.

Established in 1963 and headquartered in New Delhi, India, SPRL boasts a long history of supplying high-quality automotive components. Their commitment to both domestic and international markets, coupled with their wide-ranging product offerings and diverse clientele, positions them as a significant player in the Indian automotive components industry and a notable exporter to global markets.

COMPANY FACTS - SHRIPISTON

Registered Address

3rd Floor, Himalaya House 23, Kasturba Gandhi Marg

New Delhi

DELHI

IN

Company Details

Group: Automobiles & Components

Sector: Consumer Discretionary

Industry: Auto Components

Exchange: NATIONAL STOCK EXCHANGE OF INDIA

Employees: 3,857

IPO Date: 02/06/2016

MANAGEMENT - SHRIPISTON

Mr. Pradeep Dinodia

Non-Executive Chairman of the Board

Mr. Krishnakumar Srinivasan

Chief Executive Officer, Managing Director, Executive Director

Shri. Prem Rathi

Dy. Executive Director & Chief Financial Officer

Ms. Poonam Bharti

Chief Human Resources Officer and Executive Director

Shri. Sandeep Agrawal

Chief Marketing Officer, Executive Director

Shri. Naveen Agarwal

Executive Director, Alternate Company Secretary & Compliance Officer

Mr. Luv Shriram

Whole-time Director

Shri. Jenender Anand

Executive Director

Shri. Sandeep Kalia

Executive Director

Shri. Atul Khanapurkar

Dy. Executive Director

Shri. Devendra Mishra

Executive Director

Shri. Rajan Nanda

Executive Director

Investor Questions Answered

Shriram Pistons & Rings Ltd (SHRIPISTON) Stock FAQs

Get answers to the most common questions about Shriram Pistons & Rings Ltd stock price, fundamentals, financial metrics, and investment analysis

The current share price of Shriram Pistons & Rings Ltd (SHRIPISTON) is ₹2,856.1. Today, the stock has declined by ₹120.50 (4.05%), trading in a range of ₹2,838.1 to ₹2,993. The stock opened at ₹2,993 with a trading volume of 61,064 shares.
Shriram Pistons & Rings Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹13,462.07 crores, P/E ratio of 24.79, ROE of 11.39%, and ROCE of 25.70%. The dividend yield stands at 0.33%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
The 52-week high price of Shriram Pistons & Rings Ltd (SHRIPISTON) is ₹3,407.2, while the 52-week low is ₹1,662.55. Currently trading at ₹2,856.1, the stock is 68.4% away from its 52-week low and 16.2% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
Whether to buy Shriram Pistons & Rings Ltd stock at ₹2,856.1 depends on multiple factors. The stock is currently trading with a P/E ratio of 24.79 and P/B ratio of N/A. Today's performance shows a loss of 4.05%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
Shriram Pistons & Rings Ltd offers a dividend yield of 0.33%, which means for every ₹100 invested at the current price of ₹2,856.1, you can expect to receive approximately ₹0.33 annually as dividends. The face value of the stock is ₹10.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
Shriram Pistons & Rings Ltd's key financial metrics include: P/E Ratio: 24.79, P/B Ratio: N/A, ROE: 11.39%, ROCE: 25.70%, Dividend Yield: 0.33%, EPS: ₹123.31, Book Value: ₹543.4, Debt-to-Equity: 0.21, and Current Ratio: N/A. The company's market cap stands at ₹13,462.07 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
Shriram Pistons & Rings Ltd stock opened at ₹2,993 and is currently trading at ₹2,856.1, showing a decline of ₹120.50 (4.05%). The intraday high is ₹2,993 and low is ₹2,838.1. The trading volume stands at 61,064 shares, indicating moderate market participation today.
Shriram Pistons & Rings Ltd has a Price-to-Earnings (P/E) ratio of 24.79, which means investors are willing to pay ₹24.79 for every ₹1 of earnings. With an EPS of ₹123.31, this P/E ratio indicates moderate valuation in line with market standards. Compare this with industry peers and historical P/E ratios for better context.
Shriram Pistons & Rings Ltd has a market capitalization of ₹13,462.07 crores, making it a small-cap company. Market cap is calculated by multiplying the current stock price (₹2,856.1) by the total number of outstanding shares. This metric helps investors understand the company's size, stability, and investment risk profile.
Shriram Pistons & Rings Ltd has a book value of ₹543.4 per share and a Price-to-Book (P/B) ratio of N/A. The current market price is ₹2,856.1, which is 425.6% above the book value. A P/B ratio below 1 may indicate undervaluation or asset quality concerns.
Shriram Pistons & Rings Ltd has a Return on Equity (ROE) of 11.39% and Return on Capital Employed (ROCE) of 25.70%. ROE measures how efficiently the company generates profits from shareholders' equity, while ROCE indicates how well the company uses its capital to generate profits. These are moderate returns, suggesting decent operational efficiency. Higher percentages generally indicate better financial performance.
Shriram Pistons & Rings Ltd operates in the diversified sector and belongs to the general industry. The company competes with other players in this space and its performance is influenced by sector-specific trends, regulatory changes, and market dynamics. Understanding the sector helps investors assess growth potential, cyclical patterns, and industry-specific risks that may impact the stock's performance.
Shriram Pistons & Rings Ltd has a debt-to-equity ratio of 0.21, which measures the company's financial leverage by comparing total debt to shareholders' equity. A low ratio suggests conservative financing with minimal debt. Lower ratios generally indicate lower financial risk, but optimal levels vary by industry.
Shriram Pistons & Rings Ltd has an Earnings Per Share (EPS) of ₹123.31, which represents the company's profit allocated to each outstanding share. With a current stock price of ₹2,856.1 and P/E ratio of 24.79, investors are paying 24.79 times the annual earnings per share. This strong EPS indicates robust profitability. Track EPS growth over quarters to assess earnings momentum.
Shriram Pistons & Rings Ltd has reported a sales growth of N/A% and profit growth of N/A%. The company may be facing growth challenges or operating in a mature market. Consistent growth over multiple quarters is a positive indicator for long-term investors. Compare these growth rates with industry peers for better perspective.
Shriram Pistons & Rings Ltd has a current ratio of N/A, which measures the company's ability to pay short-term obligations with current assets. A ratio below 1 may indicate potential liquidity concerns. This metric is crucial for assessing the company's working capital management and financial safety.
To analyze Shriram Pistons & Rings Ltd stock, consider: 1) Fundamental Analysis - Review P/E (24.79), ROE (11.39%), debt-to-equity (0.21), and growth rates. 2) Technical Analysis - Check 52-week range (₹1662.55 - ₹3407.20), moving averages, and chart patterns. 3) Valuation - Compare current price (₹2856.10) with book value (₹543.40) and industry peers. 4) Financial Health - Assess current ratio (N/A) and cash flows. 5) Growth Prospects - Evaluate sales growth (N/A%) and profit growth (N/A%). Always diversify and consult a financial advisor.
The face value (or par value) of Shriram Pistons & Rings Ltd share is ₹10.00. Face value is the nominal value of a share as stated in the company's charter and is used for accounting purposes and calculating dividends. The current market price of ₹2,856.1 is 28461x the face value. Face value remains constant unless the company undergoes a stock split or bonus issue, while market price fluctuates based on demand and supply.
Investing in Shriram Pistons & Rings Ltd carries several risks: 1) Market Risk - Stock price volatility (52-week range: ₹1662.55 - ₹3407.20). 2) Business Risk - Industry-specific challenges in the sector. 3) Financial Risk - Debt-to-equity ratio of 0.21 indicates leverage. 4) Liquidity Risk - Based on trading volume of 61,064 shares. 5) Valuation Risk - P/E of 24.79 may indicate over/undervaluation. 6) Economic Risk - Macroeconomic factors affecting the industry. Diversify your portfolio and invest only what you can afford to lose.
Shriram Pistons & Rings Ltd operates in the industry with key metrics: P/E ratio of 24.79, ROE of 11.39%, market cap of ₹13,462.07 crores, and dividend yield of 0.33%. To make an informed comparison, analyze these metrics against industry peers considering factors like revenue growth (N/A%), profit margins, debt levels (D/E: 0.21), and market position. Use our peer comparison tool on this page to see detailed side-by-side analysis with competitors.
Target prices for Shriram Pistons & Rings Ltd vary among analysts and depend on multiple factors including earnings projections, industry trends, and market conditions. The stock is currently trading at ₹2,856.1, with a 52-week range of ₹1662.55 to ₹3407.20. Based on fundamentals like P/E (24.79), ROE (11.39%), and growth rates, analysts may have different target prices. Always refer to recent research reports from reputed brokerages and make decisions based on your own analysis and risk appetite.
Consider selling Shriram Pistons & Rings Ltd stock when: 1) Target Price Achieved - If the stock reaches your predetermined target from current ₹2856.10. 2) Fundamental Deterioration - Declining ROE (currently 11.39%), increasing debt (D/E: 0.21), or falling growth rates. 3) Better Opportunities - Finding stocks with superior risk-reward ratios. 4) Portfolio Rebalancing - When the stock becomes overweight in your portfolio. 5) Changed Investment Thesis - If reasons for buying no longer hold. 6) Stop Loss - If price falls below your risk threshold. Always base decisions on thorough analysis rather than emotions.
Tax implications for Shriram Pistons & Rings Ltd stock investments: 1) Short-term Capital Gains (STCG) - If sold within 1 year, gains taxed at 15% plus cess. 2) Long-term Capital Gains (LTCG) - If held over 1 year, gains above ₹1 lakh taxed at 10% without indexation. 3) Dividend Income - Dividends (current yield: 0.33%) are taxable as per your income tax slab. 4) Securities Transaction Tax (STT) - Applicable on both buy and sell transactions. 5) Intraday Trading - Treated as speculative income, taxed as per slab. Tax laws change periodically, so consult a tax advisor for personalized guidance and latest regulations.