Shriram Pistons & Rings Limited — PPTs, 11-05-2026: Investor Presentation
**1. Business Performance:** SPR Auto Technologies delivered robust FY26 consolidated results, with Total Income rising 25% YoY to Rs. 4,571.3 Cr. Profit After Tax (PAT) increased 9% YoY to Rs. 561.4 Cr, even with non-recurring expenses. The company significantly outpaced the industry's production and sales volumes. Q4FY26 also saw strong growth, with Total Income up 46% YoY to Rs. 1,480.7 Cr.
**2. Growth Drivers or Strategy:** The company is strategically diversifying into powertrain-agnostic products, including high-precision injection moulded components, EV motors and controllers, and automotive interior solutions, aiming for these new areas to contribute over 35% of consolidated revenue. Key focus areas include innovation in alternate fuel solutions (CNG, Hydrogen, Flex-fuel) and driving operational excellence through cost optimization and automation.
**3. Recent Developments:** SPR Auto Technologies completed several strategic acquisitions in FY26, gaining full ownership of companies specializing in automotive interior solutions and tooling, while also increasing its stake in EV motor & controller technology. A new, state-of-the-art EV manufacturing plant in Coimbatore commenced operations.
**4. Key Financial Metrics:** The FY26 consolidated EBITDA margin stood at a healthy 21.6%, reflecting efficient operations.
**5. Management Commentary / Outlook:** Management highlighted that the diversified business model and focus on alternate fuels will de-risk the company from evolving market dynamics. They anticipate continued relevance and growth for internal combustion engines given current challenges in EV adoption.
