Shriram Pistons & Rings Ltd
SHRIPISTONShriram Pistons & Rings Ltd
SHRIPISTON
Price Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
AvgFinancials growth has been moderate for a few years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 18.75 | 4.34 | 0.50% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 38.62 | 6.72 | 0.49% |
Forecast & Ratings
Detailed Forecast from 2 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Shriram Pistons & Rings Ltd. manufactures Pistons, Piston Pins, Piston Rings and Engine Valves.
Investor Presentation
View olderPeers
Compare with peersSamvardhana Motherson International Ltd
Bosch Ltd
Schaeffler India Ltd
UNO Minda Ltd
Sona BLW Precision Forgings Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
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Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 1,410.34 | 1,488.62 | 1,754.43 | 1,978.54 | 1,626.61 | 1,616.18 | 2,093.88 | 2,655.99 | 3,174.60 | 3,434.79 | ||||||||||
Raw Materials | 425.77 | 432.17 | 570.65 | 726.43 | 544.14 | 569.45 | 846.65 | 1,090.03 | 1,253.95 | 2,653.20 | ||||||||||
| Power & Fuel Cost | 102.33 | 113.20 | 132.61 | 136.23 | 115.69 | 107.66 | 130.21 | 138.07 | 158.08 | |||||||||||
| Employee Cost | 273.32 | 278.75 | 336.32 | 369.18 | 343.71 | 335.71 | 391.76 | 409.51 | 459.48 | |||||||||||
| Selling & Administrative Expenses | 41.01 | 78.05 | 89.79 | 97.71 | 80.39 | 76.82 | 88.17 | 106.31 | 122.02 | |||||||||||
| Operating & Other expenses | 318.00 | 305.21 | 307.46 | 331.51 | 340.84 | 291.44 | 303.41 | 405.05 | 453.78 | |||||||||||
EBITDA | 249.91 | 281.24 | 317.60 | 317.48 | 201.84 | 235.10 | 333.68 | 507.02 | 727.29 | 781.59 | ||||||||||
| Depreciation/Amortization | 92.75 | 89.94 | 90.33 | 94.33 | 103.04 | 102.56 | 102.05 | 94.71 | 107.71 | 123.10 | ||||||||||
| PBIT | 157.16 | 191.30 | 227.27 | 223.15 | 98.80 | 132.54 | 231.63 | 412.31 | 619.58 | 658.49 | ||||||||||
| Interest & Other Items | 26.03 | 20.41 | 16.42 | 13.92 | 12.38 | 12.56 | 11.42 | 19.29 | 30.46 | 35.67 | ||||||||||
| PBT | 131.13 | 170.89 | 210.85 | 209.23 | 86.42 | 119.98 | 220.21 | 393.02 | 589.12 | 622.82 | ||||||||||
| Taxes & Other Items | 39.49 | 52.79 | 71.96 | 70.78 | 13.38 | 31.23 | 56.64 | 99.56 | 146.58 | 155.63 | ||||||||||
| Net Income | 91.64 | 118.10 | 138.89 | 138.45 | 73.04 | 88.75 | 163.57 | 293.46 | 442.54 | 467.19 | ||||||||||
| EPS | 5.12 | 8.80 | 15.52 | 15.47 | 8.16 | 9.92 | 18.42 | 44.41 | 100.46 | 106.06 | ||||||||||
| DPS | 1.00 | 1.75 | 2.50 | 2.50 | 1.50 | 1.50 | 2.50 | 7.50 | 10.00 | 15.00 | ||||||||||
| Payout ratio | 0.20 | 0.20 | 0.16 | 0.16 | 0.18 | 0.15 | 0.14 | 0.17 | 0.10 | 0.14 |
Company Updates
Investor Presentation
Peers & Comparison
Consumer DiscretionaryAuto Parts
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Shriram Pistons & Rings Ltd | 19.79 | 4.34 | 0.50% |
| Samvardhana Motherson International Ltd | 45.61 | 4.39 | 0.44% |
| Bosch Ltd | 41.58 | 8.59 | 1.07% |
| Schaeffler India Ltd | 60.56 | 11.33 | 0.75% |
Price Comparison
Compare SHRIPISTON with any stock or ETFShareholdings
Promoter Holdings Trend
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Increased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has increased by 2.27%
Shareholding Pattern
Sep 2023
Dec 2023
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Increased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has increased by 2.13%
Top 5 Mutual Funds holding Shriram Pistons & Rings Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
DSP Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.3137% | Percentage of the fund’s portfolio invested in the stock 0.72% | Change in the portfolio weight of the stock over the last 3 months 0.72% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 55/84 (+26) |
Tata ELSS Tax Saver Fund - Direct Plan - Growth Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.5221% | Percentage of the fund’s portfolio invested in the stock 0.97% | Change in the portfolio weight of the stock over the last 3 months 0.97% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 50/64 (+13) |
Tata Multicap Fund - Direct Plan - Growth Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.2848% | Percentage of the fund’s portfolio invested in the stock 0.77% | Change in the portfolio weight of the stock over the last 3 months 0.77% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 71/82 (+8) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
Dividend Yield
Current dividend yield is 0.48%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹4.82 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJul 16, 2024
Dividend/Share
₹10.00
Ex DateEx Date
Jul 16, 2024
Cash Dividend
Ex DateEx DateFeb 9, 2024
Dividend/Share
₹5.00
Ex DateEx Date
Feb 9, 2024
Cash Dividend
Ex DateEx DateJun 23, 2023
Dividend/Share
₹5.00
Ex DateEx Date
Jun 23, 2023
Cash Dividend
Ex DateEx DateFeb 20, 2023
Dividend/Share
₹10.00
Ex DateEx Date
Feb 20, 2023
Cash Dividend
Ex DateEx DateJun 21, 2022
Dividend/Share
₹4.00
Ex DateEx Date
Jun 21, 2022
Net profit of Shriram Pistons & Rings rose 9.78% to Rs 124.77 crore in the quarter ended September 2024 as against Rs 113.65 crore during the previous quarter ended September 2023. Sales rose 16.62% to Rs 876.50 crore in the quarter ended September 2024 as against Rs 751.61 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales876.50751.61 17 OPM %20.3020.97 - PBDT198.90173.94 14 PBT167.89151.45 11 NP124.77113.65 10 Powered by Capital Market - Live
Shriram Pistons & Rings will hold a meeting of the Board of Directors of the Company on 28 October 2024.Powered by Capital Market - Live
31 promising midcap, smallcap stock ideas from manufacturing sector
Shriram Pistons & Rings consolidated net profit rises 13.24% in the June 2024 quarter
Net profit of Shriram Pistons & Rings rose 13.24% to Rs 115.45 crore in the quarter ended June 2024 as against Rs 101.95 crore during the previous quarter ended June 2023. Sales rose 16.84% to Rs 837.07 crore in the quarter ended June 2024 as against Rs 716.42 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales837.07716.42 17 OPM %19.7720.40 - PBDT183.14159.03 15 PBT153.60136.36 13 NP115.45101.95 13 Powered by Capital Market - Live
Shriram Pistons & Rings will hold a meeting of the Board of Directors of the Company on 24 July 2024.Powered by Capital Market - Live
Shriram Pistons Shares Locked In Upper Circuit After Takahata Precision Acquisition
Shriram Pistons Standalone June 2023 Net Sales at Rs 713.85 crore, up 15.11% Y-o-Y
Shriram Pistons Consolidated June 2023 Net Sales at Rs 716.42 crore, up 15.53% Y-o-Y
Shriram Pistons Standalone March 2023 Net Sales at Rs 696.71 crore, up 18.64% Y-o-Y
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 9.92%, vs industry avg of 8.46%
Increasing Market Share
Over the last 5 years, market share increased from 0.9% to 0.98%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 26.16%, vs industry avg of 10.9%