Shriram Pistons & Rings
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Shriram Pistons & Rings share price

Shriram Pistons & Rings Ltd

NSE: SHRIPISTON SECTOR: Engineering - Industrial Equipments  74k   188   12

2054.65
-85.95 (-4.02%)
NSE: 20 Dec 04:02 PM

Price Summary

Today's High

₹ 2168.3

Today's Low

₹ 2040.75

52 Week High

₹ 2399

52 Week Low

₹ 1296.4

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 9050.7 Cr.

Enterprise Value

₹ 8610.81 Cr.

No. of Shares

4.4 Cr.

P/E

19.35

P/B

4.15

Face Value

₹ 10

Div. Yield

0.49 %

Book Value (TTM)

₹  494.69

CASH

₹ 780.71 Cr.

DEBT

₹ 340.82 Cr.

Promoter Holding

43.75 %

EPS (TTM)

₹  106.17

Sales Growth

13.39%

ROE

25.82 %

ROCE

30.51%

Profit Growth

51.16 %

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* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

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Ratios

Sales Growth

1 Year13.39%
3 Year22.76%
5 Year8.6%

Profit Growth

1 Year51.16%
3 Year71.38%
5 Year26.4%

ROE%

1 Year25.82%
3 Year20.31%
5 Year15.21%

ROCE %

1 Year30.51%
3 Year24.73%
5 Year18.73%

Debt/Equity

0.1757

Price to Cash Flow

19.09

Interest Cover Ratio

24.804

CFO/PAT (5 Yr. Avg.)

1.47921459024869

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 43.75 0.00
Jun 2024 46.75 0.00
Mar 2024 46.75 0.00
Dec 2023 46.75 0.00
Sep 2023 46.75 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 71.3832227357565% for the Past 3 years.
  • The company has shown a good revenue growth of 22.7600621531222% for the Past 3 years.
  • Company has been maintaining healthy ROE of 20.3086233164633% over the past 3 years.
  • Company has been maintaining healthy ROCE of 24.7342175722627% over the past 3 years.
  • Company has a healthy Interest coverage ratio of 24.804.
  • The company has an efficient Cash Conversion Cycle of -10.9875 days.
  • Company has a healthy liquidity position with current ratio of 2.1015.
  • The company has a good cash flow management; CFO/PAT stands at 1.47921459024869.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 3.10784660335572.

 Limitations

 Looks like the company does not have any serious limitations.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Net Sales 750.08 708.47 781.32 761.2 793.96
Total Expenditure 591.5 553.47 612.32 604.84 627.16
Operating Profit 158.58 155 169 156.36 166.8
Other Income 22.74 18.62 21.61 24.32 29
Interest 6.53 6.09 6.46 6.31 6.86
Depreciation 21.03 22.79 22.45 20.92 21.67
Exceptional Items 0 0 0 0 0
Profit Before Tax 153.76 144.74 161.7 153.45 167.27
Tax 39.11 36.58 41.15 39.12 42.64
Profit After Tax 114.65 108.16 120.55 114.33 124.63
Adjusted EPS (Rs) 26.03 24.55 27.37 25.95 28.29

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 1606.77 1596.6 2064.66 2605.03 2953.72
Total Expenditure 1424.78 1381.08 1760.2 2141.55 2323.66
Operating Profit 182 215.52 304.46 463.48 630.06
Other Income 19.84 19.58 29.21 46.23 81.34
Interest 12.38 12.56 11.42 19.45 25.16
Depreciation 103.04 102.56 102.05 93.34 87.38
Exceptional Items 0 0 0 0 0
Profit Before Tax 86.42 119.98 220.21 396.92 598.86
Tax 13.38 31.23 56.64 101.36 152.1
Net Profit 73.04 88.75 163.56 295.56 446.76
Adjusted EPS (Rs.) 16.32 19.83 37.13 67.1 101.42

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 22.38 22.38 22.03 22.03 44.05
Total Reserves 1048.13 1125.77 1233 1507.53 1905.81
Borrowings 42.3 48.5 40.34 137.29 105.22
Other N/C liabilities 75.53 67.19 78.17 83.12 80.18
Current liabilities 396.27 467.25 534.05 686.04 880.4
Total Liabilities 1584.61 1731.09 1907.58 2436.01 3015.66
Assets
Net Block 741.4 702.57 689.02 626.57 607.45
Capital WIP 19.16 5.75 4.69 4.57 9.35
Intangible WIP 0 1.9 0.85 0 0
Investments 0.05 0.05 4.85 124.8 357.9
Loans & Advances 53.25 43.39 20.66 25.8 33.04
Other N/C Assets 23.25 29.05 30.09 87.89 157.77
Current Assets 747.49 948.38 1157.41 1566.38 1850.16
Total Assets 1584.61 1731.09 1907.58 2436.01 3015.66
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 86.42 119.98 220.21 396.92 598.86
Adjustment 110.97 105.89 96.41 72.58 42.59
Changes in Assets & Liabilities 133.2 -11.71 -40 33.53 -19.55
Tax Paid -33.82 -24.3 -57.29 -103.88 -147.68
Operating Cash Flow 296.77 189.86 219.32 399.15 474.22
Investing Cash Flow -214.31 -10.12 -56.3 -486.51 -459.6
Financing Cash Flow -110.73 -27.95 -90.72 97.38 -12.5
Net Cash Flow -28.27 151.79 72.3 10.02 2.12

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 46.75 46.75 46.75 46.75 43.75
luv d.shriram&luv d.shrir... - - - - 13.66
manisha commercial privat... 3.03 3.03 3.03 3.03 3.03
meenakshi dass&meenakshid... - - - - 17.43
sarva commercial pvt ltd 4.84 4.84 4.84 4.84 4.84
sera com private ltd. 4.32 - - - 4.32
shabnam commercial pvt lt... 0.47 0.47 0.47 0.47 0.47
sera com private ltd - 4.32 4.32 4.32 -
shri luv d. shriram - 0.02 0.02 0.02 -
shri luv d. shriram & smt... - - 15.14 15.14 -
smt. meenakshi dass 3.79 3.79 3.79 3.79 -
smt. meenakshi dass & shr... - - - 15.14 -
smt. meenakshi dass & shr... - - 15.14 - -
shri luv d. shriram & smt... 15.14 15.14 - - -
smt. meenakshi dass & shr... 15.14 15.14 - - -
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 53.25 53.25 53.25 53.25 56.25
abakkus emerging opportun... - - - - 1.17
al mehwar commercial inve... - - 1.07 1.19 1.29
dsp small cap fund - - - - 1.26
investor education and pr... - - - - 0.08
lici asm non par 3.39 3.39 2.83 2.05 1.58
llp - - - - 0.49
national insurance compan... 5.90 5.73 5.64 5.58 5.06
riken corporation - - - - 21.30
theleme india master fund... - - - - 1.54
abakkus emerging opportun... - 1.24 1.26 1.26 -
abakkus growth fund-1 - 1.03 1.05 1.05 -
investor education and pr... 0.08 0.08 0.08 0.08 -
riken corporation 10.65 21.30 21.30 21.30 -
ks kolbenschmidt gmbh 20.09 3.99 - - -
shriram pistons & rings l... 10.66 - - - -

Annual Reports

No Annual reports exist for this company.Report us

Ratings & Research Reports

Company Presentations

Company News

Shriram Pistons & Rings renews technical collaboration agreement with Fuji 6 Dec, 11:17 AM Shriram Pistons & Rings - Quaterly Results 28 Oct, 12:00 PM Shriram Pistons & Rings - Quaterly Results 28 Oct, 12:00 PM Shriram Pistons & Rings - Quaterly Results 24 Jul, 12:00 PM Shriram Pistons & Rings - Quaterly Results 24 Jul, 12:00 PM Shriram Pistons & Rings - Quaterly Results 24 Jul, 12:00 PM Shriram Pistons & Rings - Quaterly Results 13 May, 12:00 PM Shriram Pistons & Rings - Quaterly Results 13 May, 12:00 PM Shriram Pistons & Rings - Quaterly Results 30 Jan, 12:00 PM Shriram Pistons & Rings - Quaterly Results 30 Jan, 12:00 PM Shriram Pistons & Rings - Quaterly Results 30 Jan, 12:00 PM Shriram Pistons & Rings - Quaterly Results 6 Nov, 12:00 PM Shriram Pistons & Rings - Quaterly Results 6 Nov, 12:00 PM Shriram Pistons & Rings - Quaterly Results 28 Jul, 12:00 PM Shriram Pistons & Rings - Quaterly Results 28 Jul, 12:00 PM Shriram Pistons & Rings - Quaterly Results 28 Jul, 12:00 PM Shriram Pistons & Rings - Quaterly Results 8 May, 12:00 PM Shriram Pistons & Rings - Quaterly Results 8 May, 12:00 PM Shriram Pistons & Rings - Quaterly Results 8 May, 12:00 PM Shriram Pistons & Rings gets nod to acquire 75% stake in Takahata Precision India 9 Feb, 2:30 PM Shriram Pistons & Rings - Quaterly Results 8 Feb, 12:00 PM Shriram Pistons & Rings - Quaterly Results 8 Feb, 12:00 PM Shriram Pistons & Rings - Quaterly Results 8 Feb, 12:00 PM Shriram Pistons & Rings’ arm acquires 51% stake in EMF Innovations 13 Jan, 11:59 AM Shriram Pistons & Rings - Quaterly Results 1 Nov, 12:00 PM Shriram Pistons & Rings - Quaterly Results 1 Nov, 12:00 PM Shriram Pistons & Rings incorporates new wholly owned subsidiary 28 Sep, 9:36 AM Shriram Pistons & Rings - Quaterly Results 4 Aug, 12:00 PM Shriram Pistons & Rings - Quaterly Results 4 Aug, 12:00 PM

Shriram Pistons & Rings Stock Price Analysis and Quick Research Report. Is Shriram Pistons & Rings an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Shriram Pistons & Rings stock price today is Rs 2054.65. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Shriram Pistons & Rings . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Shriram Pistons & Rings has a PE ratio of 19.3527452613019 which is high and comparatively overvalued .

  • Share Price: - The current share price of Shriram Pistons & Rings is Rs 2054.65. One can use valuation calculators of ticker to know if Shriram Pistons & Rings share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Shriram Pistons & Rings has ROA of 16.39 % which is a good sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Shriram Pistons & Rings has a Current ratio of 2.1015 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Shriram Pistons & Rings has a ROE of 25.8248 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Shriram Pistons & Rings has a Debt to Equity ratio of 0.1757 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Shriram Pistons & Rings has reported revenue growth of 13.3853 % which is poor in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Shriram Pistons & Rings for the current financial year is 21.3309945844489 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Shriram Pistons & Rings is Rs 10 and the yield is 0.4867 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Shriram Pistons & Rings is Rs 106.1684 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Shriram Pistons & Rings in Ticker for free. Also, one can get the intrinsic value of Shriram Pistons & Rings by using Valuation Calculators, which are available with a Finology ONE subscription. 

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Brief about Shriram Pistons & Rings

Shriram Pistons & Rings Ltd. Financials: Check Share Price, Balance Sheet, Annual Report, Quarterly Results, Shareholding, Company Profile and News for Company Analysis

Shriram Pistons & Rings Ltd. is a leading manufacturer of automotive pistons, piston rings, and cylinder liners in India. With a history spanning over four decades, the company has established itself as a trusted supplier to major original equipment manufacturers (OEMs) in the automotive industry. Shriram Pistons & Rings Ltd. is known for its commitment to quality, innovation, and customer satisfaction, which has earned it a strong reputation in the market.

Shriram Pistons & Rings Ltd. Share Price

Keep track of the Shriram Pistons & Rings Ltd. share price on our website. Our pre-built screening tools provide real-time updates on the stock's performance. The share price reflects the market's perception of the company's value and growth potential. Long-term investors can analyze the share price trends and make informed investment decisions based on their research.

Shriram Pistons & Rings Ltd. Balance Sheet

Access the downloadable balance sheet of Shriram Pistons & Rings Ltd. on our website. The balance sheet provides a snapshot of the company's financial position at a given point in time. By examining the company's assets, liabilities, and shareholders' equity, investors can gain insights into its financial stability and strength. Our premium features offer tools like DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis to help investors calculate fair value based on the balance sheet.

Shriram Pistons & Rings Ltd. Annual Report

Download the annual report of Shriram Pistons & Rings Ltd. from our website. The annual report provides a comprehensive overview of the company's performance, accomplishments, and future strategies. By studying the annual report, investors can gain valuable insights into the company's operations, competitive positioning, and management's vision. It serves as a valuable resource for long-term investors looking to conduct a thorough stock analysis.

Shriram Pistons & Rings Ltd. Dividend

Stay updated on the dividend payouts of Shriram Pistons & Rings Ltd. on our website. Dividends are the portion of the company's profits distributed to its shareholders. Investors interested in receiving regular income from their investments can analyze the company's dividend history and payout ratios. Our pre-built screening tools can assist investors in comparing dividend yields across different companies and sectors.

Shriram Pistons & Rings Ltd. Quarterly Results

Access the quarterly results of Shriram Pistons & Rings Ltd. on our website. The quarterly results provide insights into the company's financial performance on a quarterly basis. Investors can analyze revenue growth, profitability, and other key financial indicators to assess the company's operational efficiency. Our premium tools enable investors to perform detailed analysis, such as fair value calculations, using methodologies like DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis.

Shriram Pistons & Rings Ltd. Stock Price

Monitor the stock price of Shriram Pistons & Rings Ltd. on our website. By studying the historical stock price movements and trends, investors can identify patterns and make informed investment decisions. Our price charts provide graphical representation of the stock price, enabling investors to analyze the stock's performance over different time periods.

Shriram Pistons & Rings Ltd. News

Get the latest news and updates about Shriram Pistons & Rings Ltd. on our website. Stay informed about important developments, industry trends, and market insights that may impact the company's stock performance. Our news section covers a wide range of topics, including product launches, collaborations, financial announcements, and regulatory changes, providing investors with a holistic view of the company's operations.

Shriram Pistons & Rings Ltd. Concall Transcripts

Download the concall transcripts of Shriram Pistons & Rings Ltd. from our website. Concall transcripts provide a detailed record of the company's management discussions during the quarterly earnings calls. Investors can gain insights into the company's strategic initiatives, future plans, and responses to analyst queries. The concall transcripts serve as a valuable resource for investors seeking a deeper understanding of the company's performance and outlook.

Shriram Pistons & Rings Ltd. Investor Presentations

Access the investor presentations of Shriram Pistons & Rings Ltd. on our website. Investor presentations offer a clear and concise summary of the company's operations, financial performance, and growth prospects. These presentations are designed to communicate the company's key messages and value proposition to investors. By reviewing the investor presentations, investors can gain a comprehensive overview of the company's business strategy and investment potential.

Shriram Pistons & Rings Ltd. Promoters

Learn about the promoters of Shriram Pistons & Rings Ltd. on our website. Promoters are individuals or entities that have a significant stake in the company and play a crucial role in its management and decision-making. Understanding the background and track record of the promoters can provide valuable insights into the company's governance practices and long-term vision.

Shriram Pistons & Rings Ltd. Shareholders

Explore information about the shareholders of Shriram Pistons & Rings Ltd. on our website. Shareholders are individuals or entities that hold shares of the company's stock. It is important for investors to analyze the shareholder composition, including institutional investors and retail investors, as it can provide insights into market sentiment and the level of confidence in the company's future prospects.

At our website, we provide a comprehensive stock analysis platform for long-term investors. You can access downloadable annual reports, concall transcripts, investor presentations, credit ratings, and research reports. Our premium features allow you to calculate fair value using tools like DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis. Join our platform to stay informed and make informed investment decisions.

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