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Shriram Pistons

  • Market Cap: Mid Cap
  • Industry: Engineering
  • ISIN: INE526E01018
  • NSEID: SHRIPISTON
  • BSEID: 544344
INR
1,773.05
57.05 (3.32%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 27.28 k

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

1,740.001,800.00

52 Week

1,556.002,100.00
Valuation
Technical
Day's Volume

CASH

27.28 k (-0.66%) Volume

Shareholding (Dec 2024)

FII

4.50%

Held by 73 FIIs

DII

13.06%

Held by 6 DIIs

Promoter

43.75%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

High Management Efficiency with a high ROE of 15.12%

 
2

Company has a low Debt to Equity ratio (avg) at 0 times

 
3

Healthy long term growth as Operating profit has grown by an annual rate 35.73%

 
4

Flat results in Dec 24

 
5

With ROE of 21.8, it has a Attractive valuation with a 3.5 Price to Book Value

6

Increasing Participation by Institutional Investors

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Engineering

stock-summary
Market cap

INR 7,810 Cr (Mid Cap)

stock-summary
P/E

16.00

stock-summary
Industry P/E

28

stock-summary
Dividend Yield

0.58%

stock-summary
Debt Equity

-0.30

stock-summary
Return on Equity

21.78%

stock-summary
Price to Book

3.52

Revenue and Profits (1 Year):
Net Sales:
848 Cr
(Quarterly Results - Dec 2024)
Net Profit:
120 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
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Company does not have enough history
Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
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Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
13.63%
EBIT Growth (5y)
35.73%
EBIT to Interest (avg)
15.22
Debt to EBITDA (avg)
0.65
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.35
Tax Ratio
24.75%
Dividend Payout Ratio
9.95%
Pledged Shares
0
Institutional Holding
17.56%
ROCE (avg)
23.00%
ROE (avg)
15.12%
Valuation key factors
Factor
Value
P/E Ratio
16
Industry P/E
28
Price to Book Value
3.52
EV to EBIT
12.20
EV to EBITDA
9.99
EV to Capital Employed
4.63
EV to Sales
2.02
PEG Ratio
0.99
Dividend Yield
0.58%
ROCE (Latest)
37.45%
ROE (Latest)
21.78%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
RSI
Bollinger Bands
KST
Dow Theory
Bearish
OBV
Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 7 Schemes (2.93%)

FIIs

Held by 73 FIIs (4.5%)

Promoter with highest holding

Meenakshi Dass&meenakshidass Jointly Withluv D.shriram Astrusteesdeepakshriramfamilybenefittrust (17.43%)

Highest Public shareholder

Riken Corporation (21.3%)

Individual Investors Holdings

12.8%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 10.73% vs 20.40% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 11.69% vs 43.41% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "847.89",
          "val2": "765.74",
          "chgp": "10.73%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "170.58",
          "val2": "161.30",
          "chgp": "5.75%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "7.88",
          "val2": "8.16",
          "chgp": "-3.43%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "119.91",
          "val2": "107.36",
          "chgp": "11.69%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "20.12%",
          "val2": "21.06%",
          "chgp": "-0.94%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 16.73% vs 15.38% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 11.42% vs 68.91% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,713.57",
          "val2": "1,468.03",
          "chgp": "16.73%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "343.37",
          "val2": "303.74",
          "chgp": "13.05%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "18.07",
          "val2": "12.86",
          "chgp": "40.51%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "240.22",
          "val2": "215.60",
          "chgp": "11.42%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "20.04%",
          "val2": "20.69%",
          "chgp": "-0.65%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 14.67% vs 17.05% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 11.51% vs 59.49% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,561.46",
          "val2": "2,233.77",
          "chgp": "14.67%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "513.95",
          "val2": "465.04",
          "chgp": "10.52%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "25.95",
          "val2": "21.02",
          "chgp": "23.45%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "360.13",
          "val2": "322.96",
          "chgp": "11.51%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "20.06%",
          "val2": "20.82%",
          "chgp": "-0.76%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 18.40% vs 26.38% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 50.59% vs 79.67% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "3,089.33",
          "val2": "2,609.33",
          "chgp": "18.40%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "642.03",
          "val2": "460.36",
          "chgp": "39.46%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "30.46",
          "val2": "19.29",
          "chgp": "57.91%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "442.55",
          "val2": "293.88",
          "chgp": "50.59%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "20.78%",
          "val2": "17.64%",
          "chgp": "3.14%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
847.89
765.74
10.73%
Operating Profit (PBDIT) excl Other Income
170.58
161.30
5.75%
Interest
7.88
8.16
-3.43%
Exceptional Items
0.00
0.00
Consolidate Net Profit
119.91
107.36
11.69%
Operating Profit Margin (Excl OI)
20.12%
21.06%
-0.94%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is 10.73% vs 20.40% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Dec 2024 is 11.69% vs 43.41% in Dec 2023

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
1,713.57
1,468.03
16.73%
Operating Profit (PBDIT) excl Other Income
343.37
303.74
13.05%
Interest
18.07
12.86
40.51%
Exceptional Items
0.00
0.00
Consolidate Net Profit
240.22
215.60
11.42%
Operating Profit Margin (Excl OI)
20.04%
20.69%
-0.65%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 16.73% vs 15.38% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 11.42% vs 68.91% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
2,561.46
2,233.77
14.67%
Operating Profit (PBDIT) excl Other Income
513.95
465.04
10.52%
Interest
25.95
21.02
23.45%
Exceptional Items
0.00
0.00
Consolidate Net Profit
360.13
322.96
11.51%
Operating Profit Margin (Excl OI)
20.06%
20.82%
-0.76%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 14.67% vs 17.05% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 11.51% vs 59.49% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
3,089.33
2,609.33
18.40%
Operating Profit (PBDIT) excl Other Income
642.03
460.36
39.46%
Interest
30.46
19.29
57.91%
Exceptional Items
0.00
0.00
Consolidate Net Profit
442.55
293.88
50.59%
Operating Profit Margin (Excl OI)
20.78%
17.64%
3.14%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 18.40% vs 26.38% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 50.59% vs 79.67% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Shriram Pistons & Rings Ltd stock-summary
stock-summary
Shriram Pistons & Rings Ltd
Mid Cap
Engineering
Shriram Pistons & Rings Limited was incorporated on December 9, 1963 as Public Limited Company. India's largest exporter of pistons and rings, Shriram Pistons & Rings is situated in Ghaziabad, Uttar Pradesh. For pistons, the company has tied up with Kolbenschmidt, Germany, the sole suppliers for BMW, Mercedes Benz, Volkswagen, Ford, Volvo, Peugeot, etc. It also has a technical tie-up with Honda Foundry Company, Japan, for Honda-model pistons.
Company Coordinates stock-summary
Company Details
3rd Floor Himalaya House, 23 Kasturba Gandhi Marg New Delhi New Delhi : 110001
stock-summary
Tel: 91-11-23315941
stock-summary
http://www.shrirampistons.com
stock-summary
r.srinivasan@shrirampistons.com
Registrar Details
Alankit Assignments Ltd , 205-208 , Anarkali Complex, Jhandewala Extension, New Delhi
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